[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 274 KB, 1073x1199, Screenshot_20200407-085024_Coinbase.jpg [View same] [iqdb] [saucenao] [google]
18335889 No.18335889 [Reply] [Original]

Is there any effective day trading strategy for crypto? Is there any rhyme or reason to their movement? For a stocks day trader, you can look at news on companies and political developments that will shape the stocks in play, etc... can you do this with crypto?

>> No.18335904

buy high sell low

>> No.18335961
File: 164 KB, 500x522, 8C44D384-67ED-446C-B2B6-AF28F3C067BC.png [View same] [iqdb] [saucenao] [google]
18335961

>>18335889
No

>> No.18335979

>>18335889
How the fuck does it keep rising during economic crisis?

>> No.18336029

>>18335889
crypto is mostly gambling, rumors, and technical analysis
also sometimes arthur dump the market to cull the bull fags when the herd is too big, like very soon

>> No.18336035

Apotropaic magic, haruspicy, free association of words and numbers, guzzling 20 miller high lifes and buying and selling on a whim, trades that come to you in a dream, and transparent indian shills on /biz/ have all been effective trading strategies for me.

>> No.18336059
File: 22 KB, 334x506, 1545253295045.jpg [View same] [iqdb] [saucenao] [google]
18336059

>>18335889
Buy when /biz/ is flooded with pink wojaks.
Sell when /biz/ is flooded with green wojaks.

>> No.18336076

>>18335889
trading link right now is easy as fuck because of high volume which leads to high volatility.

>> No.18336086

>>18335889
Short everything I buy. There easy.

>> No.18336119

>>18335979
Crypto should rise during an economic crisis you massive faggot

It's the fucking Dow Jones that should be crashing (and it isn't)

>> No.18336166

>>18336059
Somehow this seems like the best advice in the thread

>> No.18336194

Tradesanta
dont tell anyone

>> No.18336210

>>18336076
Sold my entire position yesterday ($188k worth)

Hoping I made the right decision and that it'll come down to the $2 range

Oh well

>> No.18336242
File: 143 KB, 800x556, 1581197628153.jpg [View same] [iqdb] [saucenao] [google]
18336242

>>18336210

>> No.18336255

>>18335904
based

>> No.18336373
File: 382 KB, 900x900, 1573662474934.png [View same] [iqdb] [saucenao] [google]
18336373

>>18336059
Yeah, I'm thinkin based.

>> No.18336461
File: 301 KB, 1280x720, Owarimonogatari - 03 [BD 720p 10bit HEVC].mkv_snapshot_10.02_[2019.09.22_12.38.55].jpg [View same] [iqdb] [saucenao] [google]
18336461

>>18336119
>should be
Lmao

>> No.18336635

>>18336119
>people are gonna buy crypto when they dont have money to pay rent or buy food

Uh, ok.

>> No.18336647

>>18335889
try week trading

>> No.18336693

>>18335889

well crypto doesn't have news other than lies about partnerships and "mainnet imminent" and other such pajeet lies so you really don't have anything to go by other than TA

>> No.18336755

>>18336059
Made me two bucks.

>> No.18336778

>>18336210
>come down to the $2 range
I want it to go down to the 50 cent range.

>> No.18337193

>>18335979
look at a period longer than 2 days dipshit.

>> No.18337256

>>18336693
Meme lines don’t work for crypto though

>> No.18337307

>>18335889
lurk chadlounge on telegram

>> No.18337347

>>18336210
props you've got the courage to do it, I wouldn't be able to cope with the stress. if I were betting I'd say you're most likly be ok though, but don't get greedy, may be it goes to 2.10 rather than 2

>> No.18337368

>>18335979
Stop looking at minute long charts fucking brainlet

>> No.18337466

>>18336059
Basically. Green Wojacks are a sell signal and bear posts are sell signals. Bears have been wrong so many times in a row now I've lost count.

>> No.18337489

>>18337466
Just to clarify their were tons of Bobo threads up last night and now there's only threads up mocking them. This is when you short.

>> No.18337674

>>18337489
You shorting atm?