/biz/ - Business & Finance

Look here
>>4927538

>>4779050
Buy gold kohai, you can count on it just like me

>>4711825
Forgot pic and to tag prediction
>>4711790

>>4685090
>>4685097
You guys are too bearish short-term desu. I think it will dip down to 8.2k +-250, followed by a recovery bull that may reach ~12k; if the recovery bull doesn't cross 10k then the following true bear market will probably bounce at 4-5k otherwise if the recovery bull is stronger it will correct at 6-7k.

No guarantees; just an opinion straight out of my kitchen. The overall market direction is bearish, so being long is riskier than being short.

>nobody listened to the curly eyebrows
>he told you BTC would hit a new ATH
Why do you guys listen to this tripfuck?

My curly eyebrow senses tell me BTC is going to an ATH tonight

>>2834432
On crypto I do two kinds of trades mostly; depending on time of day & what's driving the market
>low volume no news daytrading
identify buy/sell signal; check whether matching or against longer term trend, flip coin on whether to take trade or not, take trade and immediately at 2% profit or reversal signal close trade
>2% / day is phenomenal so if i get 2% i won't enter any new positions that day, i almost never take trades against the longer term trend unless signal seems really strong
>high volume news driven markets (today)
identify trend, look for good entry point into trend, let trade run until reversal signal
>these trades can last days-weeks and i often "pyramid"; as the trade moves in my direction and free margin is created, i'll invest the new free margin in the same direction as the original trade if another good entry point comes up (these are the trades that make you huge money, e.g. the daily MA crossover in late June made me sell at ~2500, then i sold more at 2300, then more at 2100, and finally close position at 1950 because the RSI showed selling pressure was decreasing. Now I am waiting for another good short entry point because the daily chart still has MA crossover pointing to bearish, if that reverses then I will consider entering into a long position at a good entry point

>>2768157

>MFW I made it (pic related)

I hope you are right, I want big increases quick. Then I will be in Lamboland instead of a NEET basement and will no longer be a wage slavery cuck.

>>2685529

I second this