MISC Crypto Crew (MCC) Vol 7: [New Year Edition] Reading Charts Vs Throwing darts

[NinjaNoir]

The more I get into crypto the more I am interested in the technology along with making money. Got this coming in the mail. Time to get coding again. One of my goals is to be considered an crypto/Blockchain/Ethereum expert.

https://www.amazon.com/Mastering-Bit...=bitcoin&psc=1

[img]

[CTSV648HP]

You could also just try to do something like grow your stacks by a couple percent every day in daytrading. Compound interest will make you a rich nugget. If you aren't daytrading to increase your stack it's pretty hard to meet a goal because you're just fully dependent on lucking into the right coins and hoping it goes 100x for your 10k to go to 1mm.



Does it even matter? Wraith is a joke m8. Even if it does matter, crypto is all about buying the rumor and selling the news. It might pump a bit then dump afterwards. Wraith would be XVG's only real high point, afterwards it has little room to go but down IMO. It might spike a bit but if it does be sure to actually take your profit.

but the majority of daytraders can't beat just holding good coins... and a lot trade themselves into a loss.

imagine how hard day trading is in a down market

[smallmeatchamp]

Xrb gonna dip or what?

[NinjaNoir]

Off topic but how do you upload images to this site? I used to use photobucket but that doesn't work anymore.

[goonsondeck]

Xrb gonna dip or what?

I don't think it will until its listed on binance

[HelpfulBrah]

Off topic but how do you upload images to this site? I used to use photobucket but that doesn't work anymore.

tiny pic

[ironicinori]

Holy ****ing **** I'm being blocked from real advice. Seriously mods, **** yourself. You've banned me twice because of my fukking signature that I've had for 3 years and nobody has ever given a chit about...

Jesus Christ all I'm trying to say is BUY OMG NOW.

I'm about to literally make several thousand and fukking mods are butthurt about my sig.

[BostonRockets]

Das it DeepBrain. Das it.

Sh!t just keeps going up

[sakmsb]

where do you see this coin listed on binance? I just searched and don't see it appearing on the exchange.

this

bqx/ethos

[RedSoxfan1978]

Das it DeepBrain. Das it.

Sh!t just keeps going up

Glad I got some! I almost didn't do it.

[Autumnal]

Das it DeepBrain. Das it.

Sh!t just keeps going up

Damn whales have erected their sell walls now. I'll take that 25%ish jump today though.

but the majority of daytraders can't beat just holding good coins... and a lot trade themselves into a loss.

imagine how hard day trading is in a down market

The way I trade is just taking small profits on the same coin. I find one of my coins that has been trading sideways, take a look at the support and resistance, and sell between that. So for a 100 sat coin bouncing between 90-100 I'll try to sell at say 98 and buy back in at around 93, trying not to be greedy. Sometimes you'll get caught on the wrong side of a dip or moon mission, few times I've had to buy back in at a loss at a coin that I've noticed is now about to take off after I've been trading it for hours. Yesterday I made about $400 extra worth of coins on DBC then noticed it was about to break the sell walls when I had just sold off everything and FOMOed back in for a $150 loss. It was super easy to do this with DBC because there was like a 3-5% discrepancy between the buy and sell orders so I would set a buy order 1 sat above the most recent and a sell order 1 below, then just flip the amounts sold/bought back and forth. Still consistently make, say, $100-$300 in my spare time with a $1500 coin holding. Usually do this at work in my downtime. If I want to take more of a risk and get more of a profit I'll do it with a larger amount of money.

Tonight I've been doing it with POE which is bouncing between 650 to 690 sats which is a 6% swing. Yesterday was doing it with DBC.

[MuayThailand]

Holy ****ing **** I'm being blocked from real advice. Seriously mods, **** yourself. You've banned me twice because of my fukking signature that I've had for 3 years and nobody has ever given a chit about...

Jesus Christ all I'm trying to say is BUY OMG NOW.

I'm about to literally make several thousand and fukking mods are butthurt about my sig.

what am i looking at here (TA layperson)

[Autumnal]

what am i looking at here (TA layperson)

Lmao also have no clue. I see no actual pattern. And using TA on coins that get pumped and dumped like this is often ridiculous, half the time it could be a coordinated effort by whales and some people think there is actually a breakaway pattern in the chart.

[brontrepreneur]

Lmao also have no clue. I see no actual pattern. And using TA on coins that get pumped and dumped like this is often ridiculous, half the time it could be a coordinated effort by whales and some people think there is actually a breakaway pattern in the chart.

That's because it's not TA. He simply highlighted a recent high and the current price as of when he posted lol.

[Schnitzl]

That's because it's not TA. He simply highlighted a recent high and the current price as of when he posted lol.

lmao and the price difference is about $2.5usd which means if dude is making LITERALLY THOUSANDS he should buy 1000 OMG coins aka spend 20k.

[boostnlol]

im hoping LRC can drop again so i can get back into it. I sold off and took my profits before the two 40% days.

[Autumnal]

That's because it's not TA. He simply highlighted a recent high and the current price as of when he posted lol.

You can literally do this with any coin that just pumped (aka all of them) lmao. I don't see the logic

[OneStepCloser]

In on new thread. Woke up to some joocy gains. Good start to 2018.

[TruKnight]

hopefully this time next year we will all be posting from misc island

[mujie]

ayy nice mywish is starting to sell should be all sold by the morning than I can really start on this alt coin project.

I think I'm just gonna say fux it and do all 33 for 100 bucks each. got a expired domain which had over 10k backlinks, Gonna start buying all the coins when I wake up hungover tomorrow!

What's your plan for the website and do you plan on monetizing it? I'm willing to help you out with site management and admin if you want. PM me

[DavidL913]

Happy new year brahz

did someone mention BBC?

wait wut

O H

DBC

[sakmsb]

TRX Overtook XRB ....

Finally some gains on TRX...

[chino3]

Tired of verification. And deposit times for Fiat?

https://www.bitcoincenternyc.com/buy...r-bitcoin-atm/

[MuayThailand]

TRX Overtook XRB ....

Finally some gains on TRX...

Did anyone else get airdropped 500 TRX? If so how do I sell 500 TRX is the smallest amount i can sell on hitbtc is 1000.

[yochrisss]

Happy New Years *******, lets all get rich in 2018

[Schnitzl]

Happy New Years *******, lets all get rich in 2018

Fukken RAILBLOX, REQ, VEN, STELLAR, IOT, ITC hype!!! put $10k in and never look back. These are going to the moon one way or another with the tech, team, hype and FODS FUDS FOMOS HOMOS and LIDLS behind.

edit: special shoutout goes to EMBERCOIN that lived through hypes, dumps, FOMOs and resurgence that is going on before the big announcement of recoup. Probably gonna fail but fuk it, i took the risk and got 1 250 000 coinz.

https://coinmarketcap.com/currencies/embercoin/

[mgftp]

Gonna dabble in this garbage this year, yolo, in

[Parkerscott]

So we are starting off the new year with a thread about chart reading...........






















































lmfao this is crypto. Instead of drawing lines all over chit just go looking for what the hype of the day is.

[chino3]

So we are starting off the new year with a thread about chart reading...........







lmfao this is crypto. Instead of drawing lines all over chit just go looking for what the hype of the day is.

I will not tolerate your anti chartism

Spoiler!

BTW just saw a pic of the ******* from Mt.gox. Holy phuck...

https://imgur.com/gallery/cMjPG

[lowstrife]

2017 has been a unbelievable life changing year. I just want to thank each and every one of you for joining this space and making one mother****er of a wild market. It truly is another dot-com bubble. Events like these occur once a generation. Capitalize on it, don't loose sight of the goal that the majority of you are here to make money. The tech is cool, world changing, and that will evolve over time. The money is there for these projects to be funded and thrive and... some of them be able to accomplish their goals. Some may end up changing the world. We will see which ones they'll be.

But lettuce beef frank. We're here to profit.

Cheers to another great year in crypto. We're faaaaaar from done, so much opportunity ahead of us. Best of luck to you all.