MISC Crypto Crew (MCC) Vol: XII: Retirement plans and exit scams

[SleeveStretchin]

is PPC airdrop legit or what?

[Horse86]

bat this bat that...I'm just sitting here looking at my link making double digit gains day in day out

[mrc19888]

Going long just means buying the asset, so a bet that price will go up.

Going short means a bet that price will go down. Traditional short would be borrowing the asset so you can sell it now at higher price and then rebuy later at lower price to give back to the lender. But ITT when people say going short I think they just mean selling an asset they already own now with intent to rebuy later at lower price.

I was speaking metaphorically. I actually know what going long or short means. I just mean I rarely hold onto an asset for longer than an hour. Rarely. I scalped almost 5% off BAT between 11pm last night and 5 this morning. I consider that a homerun of a trading day.

[gixxer0.6g]

I was speaking metaphorically. I actually know what going long or short means. I just mean I rarely hold onto an asset for longer than an hour. Rarely. I scalped almost 5% off BAT between 11pm last night and 5 this morning. I consider that a homerun of a trading day.

I'll bet you're glad you sold. BAT just puked all its gains for the last day

[Enragingboner]

Another day, another Chainlink pump of 5-10%. I look forward to the misc FOMOing in at $1-$2.

[manjay]

Another day, another Chainlink pump of 5-10%. I look forward to the misc FOMOing in at $1-$2.

No matter the coin, there is just no point in buying in anything extremely overbought. Take BAT for example, while it definitely is a great project, why would any trader buy near the upper limits ~6k sats, only to see it now 6 days later trading at 3.8k sats. Nearly rekt your stash by 50% if you got in on the fomo.

Link is near its all time high in sats, goodluck to anyone still holding it now when whales start the dump.

[1MPGD]

man BTC looking weak AF. I was expecting an hourly close above 6400 area, all we got was a wick to 6400. Looks like we're gonna go down below 6300 soon.

And also, futures expiring soon. So careful guys.

& abc vs sv
ProfFaustus tweets

next few days might be interesting

[manjay]

In the last ~14 hours I've noticed the BTC price trend on Bitfinex is trending sideways and up, while Bitstamp is trading sideways and down. Looking back at the price history there has never been a time when the price is trending at odds to one another. Either we've hit a fundamental change in the way one exchange leads the other on price, or we have some people artificially pumping/dump on either of the exchanges.

In 5 hours binance will be closing for ~8 hours, I'm gonna call it, I bet we see Bitfinex spike upward in BTC price when Binance goes down. USDT trading volume on Binance won't be there to create a safe haven for prices, if I was going to pump BTC I'd do it then.

[lowstrife]

In the last ~14 hours I've noticed the BTC price trend on Bitfinex is trending sideways and up, while Bitstamp is trading sideways and down. Looking back at the price history there has never been a time when the price is trending at odds to one another.

It's happened quite a few times. It just happened like a month ago, and it was WAY more aggressive then.

https://www.tradingview.com/x/RBsl8ZCj/

The spread between stamp and finex is growing likely to accommodate their limits on arbitrage being performed as they just slapped a 3% fee on fiat withdrawals over 1 million per month.

[BDSMBBW]

In the last ~14 hours I've noticed the BTC price trend on Bitfinex is trending sideways and up, while Bitstamp is trading sideways and down. Looking back at the price history there has never been a time when the price is trending at odds to one another. Either we've hit a fundamental change in the way one exchange leads the other on price, or we have some people artificially pumping/dump on either of the exchanges.

In 5 hours binance will be closing for ~8 hours, I'm gonna call it, I bet we see Bitfinex spike upward in BTC price when Binance goes down. USDT trading volume on Binance won't be there to create a safe haven for prices, if I was going to pump BTC I'd do it then.

Tether is collapsing again. Thats the reason for the difference in prices.

& abc vs sv
ProfFaustus tweets

next few days might be interesting

Yep! Very interesting few days coming up!

[gixxer0.6g]

BTC trading pretty flat if not slightly up and all the alts are bleeding. Big move coming up with BTC or is tether about to collapse again?

[manjay]

It's happened quite a few times. It just happened like a month ago, and it was WAY more aggressive then.

https://www.tradingview.com/x/RBsl8ZCj/

The spread between stamp and finex is growing likely to accommodate their limits on arbitrage being performed as they just slapped a 3% fee on fiat withdrawals over 1 million per month.

That's more a spread on volatility though, I mean moreso that the prices between exchanges are diverging, ie on one exchange the price is in an uptrend on say hourly, and on bitstamp it is in a downtrend. While tether premium exists, the prices have generally always followed the trend.

Edit: Do a compare and not an exchange - exchange

Edit: My paid channel analyst just posted my same findings, Marius you a miscer?

[mrc19888]

I'll bet you're glad you sold. BAT just puked all its gains for the last day

Of course I am. I dont trade if I'm not staring at it. I would have had multiple opportunities to lock in 4% on my day even if I wasnt watching. I ended up with close to 5%. Solid day

[gixxer0.6g]

T minus 1 hr until some fireworks

[mrc19888]

No matter the coin, there is just no point in buying in anything extremely overbought. Take BAT for example, while it definitely is a great project, why would any trader buy near the upper limits ~6k sats, only to see it now 6 days later trading at 3.8k sats. Nearly rekt your stash by 50% if you got in on the fomo.

Link is near its all time high in sats, goodluck to anyone still holding it now when whales start the dump.

In the exact current market conditions I'd agree. However overbought even on indicators is garbage in an actual bull run.

EDIT: I feel the need to clarify. Pilots talk about being able to trust operating a plane in any unusual weather conditions, saying that you can't always trust your tools when flying during a wind storm or an uncommonly fast decent. Indicators are the same for me. The psychology of the market means much more than a technical standpoint. Which is why when a market is flat I rely heavily on about 5 different indicators. During a bull run I just follow the herd.

[lowstrife]

That's more a spread on volatility though, I mean moreso that the prices between exchanges are diverging, ie on one exchange the price is in an uptrend on say hourly, and on bitstamp it is in a downtrend. While tether premium exists, the prices have generally always followed the trend.

No it is not a spread. The middle of the chart from Nov through January is volatility, yes, but the spike last month was entirely caused by unrest around Tether's solvency.

The same thing happened last Spring from April through May when Bitfinex had banking problems. You can also see that in the chart.

This doesn't feel very "different" than the other times this has happened.

[Mythenthefang]

No matter the coin, there is just no point in buying in anything extremely overbought. Take BAT for example, while it definitely is a great project, why would any trader buy near the upper limits ~6k sats, only to see it now 6 days later trading at 3.8k sats. Nearly rekt your stash by 50% if you got in on the fomo.

Link is near its all time high in sats, goodluck to anyone still holding it now when whales start the dump.

tryng to sell into the next resistance and binance says system maintenence

lol bye gains

see you guys at 0.00000001 sats

Funds are safu

Also BTC network is quite slow today :\ even on segwit address

[mrc19888]

I picked a good night to reconfigure my monitor setup. Now if only I could figure out this slight color discrepancy that's driving me crazy. Both new monitors are identical in model and hooked up to a high end graphics card, both of them connected to it instead of 2 on it and one on the motherboard and still the color is ever so slightly off. Driving my OCD insane

Watching a few coins today. Seems like a sea of red. Last time BAT saw a 15 minute dildo this rough it didn't hit a momentary bottom before having another 32 hours of downside and dropped another 10%. 3500 sats sounds like a better entry today than 4050 when I sold last...... on Monday lol

EDIT: I really hope this is one of those incredibly irrational days where all but 2 coins are red and people say fuk it and ride the pump with QKC. This happened once in my memory on bitcoin diamond. It shot up I believe 300% in a day when literally every coin on binance was red but it. Only to crash biblically the following day. Have you ever noticed that normally just one but two coins tend to run very hard per day on binance then throughout the day nothing touches their percentage peaks before a crash? You rarely see a day where two coins battle out for the top spot at say 15% gains day over day only to see some random coin come from behind later in the day to gain 18%. Fun fact I rarely chase the top few coins when trading I normally search in the discount department around -2% to 0% day over day. Seems to have been working out so far. I don't want something incredibly beat up figuring it's going to be a strong dump, then a slide, then finally a bottom. In case noone noticed thats how upsides work too. Gradual climb, slightly vertical, then almost entirely vertical before proceeding to look just like the downside start I described just before. You can almost trade based entirely on how a chart looks from that standpoint with never reading an article or understanding absolutely anything about technicals, or fundamentals. This pattern has played out over and over in not just crypto but stocks as well.

EDIT2: I also wouldn't even have a problem with BTC going down to 6250, today/tomorrow/whatever. Beyond that espeically any daily close below 6200 I'd be yanking my money off binance and hopping right back into USD for the time being.

[johnnycash123]

I picked a good night to reconfigure my monitor setup. Now if only I could figure out this slight color discrepancy that's driving me crazy. Both new monitors are identical in model and hooked up to a high end graphics card, both of them connected to it instead of 2 on it and one on the motherboard and still the color is ever so slightly off. Driving my OCD insane

Watching a few coins today. Seems like a sea of red. Last time BAT saw a 15 minute dildo this rough it didn't hit a momentary bottom before having another 32 hours of downside and dropped another 10%. 3500 sats sounds like a better entry today than 4050 when I sold last...... on Monday lol

Sold my bat at 4778 4888, somewhere around there and i thought i sold to early, lets hope BAT dumps somemore so i can double my stack.

Also wouldnt mind BTC giving us a dip to 6000 or so for some cheap alts

[johnnycash123]

My final thought on BTC/ALTS is there is NO new money coming in to pump alts, the only new money we can get is into BTC for the time being. So I am thinking we 100% will not have an alt cycle until btc pumps a bit, then btc money can pump into alts. Its just musical chairs with alts at the moment.

I just dont see any other way for alts to all move together again.

So i think the best play is if you are trading is to take profit early on alts. Then if they do decide to pump together, its always one or two that go first and you can still catch alot of the alts on the way up, even if you miss the initial ones.

[mrc19888]

Sold my bat at 4778 4888, somewhere around there and i thought i sold to early, lets hope BAT dumps somemore so i can double my stack.

Also wouldnt mind BTC giving us a dip to 6000 or so for some cheap alts

I initially sold at 5850. Set a buy order I believe about 5% cheaper and an hour later much to my surprise got filled only to realize a 5ish% loss within the following hour. I was still in the green day over day considering I played the dumps on it the previous day like a fiddle. I mentioned this was a very harsh lesson for me when a coin is going up that fast to set my orders on buys way way way lower. Again, had I been watching live this would have been obvious as fuk to get out and I wouldn't have realized such a large loss on a trade. Reason one million I don't hold alts for any period of time much longer than an hour. My current thoughts on bat are we'll have a momentary pause around 3200 if it gets that low, and there is beautiful support around 2650 ish. I'd be more than happy to start some scalping there. With how beat up BTC is looking at this exact moment I don't see any issue sitting on my hands for a few days to see how everything plays out. Doesn't bother me at all. Trading during the week has never been good to be since I can't do it live.

EDIT: The 4050 I was talking about that I sold into I believe I played a quick bounce between Sunday and Monday night for about a 4.6% gain. I don't have binance pulled up so if you scroll through my comments don't quote me as being full of chit. I made like 90 trades last week I can't possible remember exact numbers on all of them. I remember ballpark ha

[mrc19888]

So i think the best play is if you are trading is to take profit early on alts.

I've always looked at it like this. If you get into an alt at a great spot and are up say 2-3% whatever there's nothing wrong with sitting through the flats or slight downsides in the market. You have 2-3% insurance before you're below your initial investment. Why not watch the chart a bit longer? But if you get in and start to see the tide change even a little there's nothing wrong with a stop loss a half percent below your buy. I can't even begin to tell you how many trades I've made where I sell out of something only to see it run more an hour later. That doesn't bother me one bit. Being confident in your buy and sell targets is paramount. But I RARELY see a loss over 1% on a trade. Extremely rare. I mentioned the BAT situation I got caught in but again lesson learned. One I'll never forget. Also I use to buy real estate in my early and middle ish twenties and I'll pass along the best piece of advice I ever heard about investing "you make your money when you buy, not when you sell". If it's overpriced you're only hope is to tell to someone dumber than you. It worked with houses for me. It seems to work with practically everything else.

[StevieSparkZ]

Since the market is down, here's something that I found interesting. Might be old news to some of you.

https://steemit.com/bitcoin/@firemon...toshi-nakamoto

Any thoughts?

[juvefan]

Since the market is down, here's something that I found interesting. Might be old news to some of you.

https://steemit.com/bitcoin/@firemon...toshi-nakamoto

Any thoughts?

Satoshi is an AI from the future that came back to create itself

[1MPGD]

Yep! Very interesting few days coming up!

feels good rn, got in SV early. ****s kinda tough, I want to hold and ride it but I'll probably end up cashing out a good portion later today

[gixxer0.6g]

Is this finally where we break 6150?

[HeBrewHammah]

Is this finally where we break 6150?

I sure hope. I'll probably die waiting for it, at the rate things are going lmao.

[HeBrewHammah]

lmao this is fantastic.

[Parkerscott]

looks like im poor again lol. wen moon sirs?

[Horse86]

looks like im poor again lol. wen moon sirs?

you never go full bat