/biz/ - Business & Finance

dump inc

>>17341040
Thanks for the heads up, going to dump my entire stack into it

>>17341040
Its literally over

>>17341040
How do you read this. What does it mean?

>>17341040
This means literally nothing.

>>17341069
big green monster means lots of chinks pretending to want to buy so you buy in, then it disappears, big red monster means the opposite

>>17341069
Means a whale is trying to push the price up.

give zero fucks what is happening on Chinkxchange

>>17341088
Is that always what it means; is there a good place to learn to read these depth charts

>>17341088
Actually the bots have adapted to everyone knowing this information so now it's the opposite. $5 eow

>>17341098
Bc the whale went through and ate the sell walls? Does it indicate we’re about to get dumped on? How do you use it t

No, that's why depth charts are completely useless. Theres no penalty for whales to put up fake buy or sell walls hundreds of times a minute with bots

>>17341088
That would mean there's blatant manipulation afoot, and I'm not accepting that as a viable answer

>>17341040
unironically sell signal

>>17341069
its a single order by a whale trying to trigger idiots into buying assorted shitcoin

>>17341126
>>17341106
forgot to (You)

I’m kind of curious. We always see the price track with btc or eth, how does that happen so perfectly and simultaneously if it’s all based on depth charts like people aren’t sitting their to adjust based solely on what happens to eth and btc?

>>17341136
Tell me how you differentiate between a fake bullish signal and a real bullish signal? they look the same. Hence why people bother to fake it looking bullish.

>>17341119
No, he's going to cancel his buy orders if the price gets close to that wall. He has no intention of buying all that.

>>17341170
Be in the market awhile, get a sense for market sentiment. Unironically go with your gut. Know whales don't want to gut you, they want to shear you over and over and over again forever.

>>17341174
this

trying to pull the price down

>>17341069
the wall secures the price so people/whale can sell above. when the opposite happens it's to lock the price so people can buy. usually the time it's up/volume gives clues to how low/high it will go. in this case it means it it might dump soon.

>>17341174
Is that was causes a dead cat bounce in crypto like is that what the person wants.

>>17341174
>he
implying it's one person and not an army of bots

>>17341197
I have been in quite a while, I'm not saying this is a "fake buy wall" but it's easy to say it could be a "fake fake buy wall" if these actions are only ever designed to manipulate, people eventually exploit them. (not that I'm saying that is what's happening this time)

Let’s say I have 45k link; should I be swinging? Like I should have sold at 4.8 today I’d be up 20k I could have increased my stack by 5k today. I assume that’s what these fuckers did over the last 2 years to get over 500k. Seems like one should be swinging w at least half the stack?

>>17341239
Oh yes definitely, nicely said. sell your linkies right now, goys

>>17341239
Or just like 15-20% of stack. I guess one downside is short term vs long term capital gains. Seems like it’ll offset though.

>>17341239
Yes, but only swing an amount you'd be willing to lose. My risk tolerance only allows me to swing 20% of my stack.

>>17341127
You’re retarded.

>>17341040
we got too cocky bros

>>17341239
The people who have huge LINK stacks bough BTC and/or ETH when it was cheap.

>>17341235
agree, especially since normies havent come back whales know that oldfags are the ones swinging. on the other hand three legs up two legs down.

>>17341239
If ifs and buts were candy and nuts, we'd all have 1k eoy.

>>17341239
Yes, you should definitely sell me your linkies at a discount.

>>17341126
I've watched every permutation of events on dozens if coins.
Sell wall leads to selloff
Sell wall leads to rally
Buy wall leads to selloff
Etc
walls are dubious at best

>>17341312
I'm imagining you autisticly staring at a screen for hours believing your using lagging indicators to see the future.

Sell offs always lead to sell walls, not the opposite.

>>17341300
You don’t think swingers have major stacks? I bought LTC when it was cheap so I was able to buy up a lot of shit at discount to me but not like the btc or eth whales. Just wish I had dedicated myself to swinging with 10-15% of my stack to get myself up to 200k+. Who knows maybe I would have lost it all panicking and holding was the best move.

>>17341344
>selloff before sellwall
Even that's not a strong correlation. I spent a lot of time to get it straight, had a spreadsheet to keep track. There's not much it can tell you about direction either before or after a move.

Why were the last 2 weeks so exciting and now it feels like a rut phase. When will the excitement start again

>>17341283
Thanks.

What’s a good days volume for Chainlink

>>17341513
Stop expecting everyone to spoonfeed you.

>>17341210
>what if it was one man with six guns?

hey op whats up?

>>17341040
buy walls are bearish af

Holding this crypto shit made me lose my hair. Up and down up and down, fuck this rigged scammers markey. And fuck binance too, they owe me $6k

People at the top ruin everything, always.
In boomer stocks, there aren't even traders anymore. Just computers that execute thousands of trades per second and never lose.
Everything just gets more efficiently funneled in to the hands of the 0.01% over time.

And its not just financial markets, anything that can be monetized.
A certain type of music gains organic popularity for the way it makes people feel - capitalists will analyze why its popular, pull people together across the industry and churn out 100 new artists/bands that make that sort of music, mass produce it until people are sick of it, then the whole trend is ruined and dumped, as profiteers move on to the next thing.

I unironically cant wait for the day rich people actually start getting murdered, and Im not even a commie

>>17341782
That day will never happen you silly bitch.

>>17341679
>invests in crypto, the most manipulated market in the world
>binance owes me money
LMFAFFFFFOAOAAAOO

>>17341088
Lol>>17341284

>>17341679
insert your penis into a vagina

>>17341450
Dopamine's low

Depth charts don't mean anything, even outside of crypto.

>>17341782
will boomer stocks ever go down?