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/biz/ - Business & Finance

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28037623 No.28037623 [Reply] [Original]

reef bros its not looking good

>> No.28037662

>>28037623
I thought bigger red walls was better?

>> No.28037708

>>28037662
why

>> No.28038116

>>28037623
you have some pretty weak fucking hands

>> No.28038199
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28038199

>>28037623
There is absolutely no downside to buying this coin $REEF. It’s so cheap and so early. If it doesn’t move I don’t care, if it 100x then it’s based.

>> No.28038296

>>28037623
where can I learn to read these graphs properly? This one and the thick bars are rocket science to me.

>> No.28038480

>>28038296
you must be sub 90iq

>> No.28038674
File: 179 KB, 1080x1920, Screenshot_20210207-182647.png [View same] [iqdb] [saucenao] [google]
28038674

Do you see the trend retards? Better buy it while it's under 3 cents.

>> No.28038906

>>28038296
>green is demand, i.e. how many buy orders at that price
>red is supply, i.e. how many sell orders at that price
>buyers want a lower price, sellers want a higher price - a constant dynamic haggle

>lines are an integral curve, i.e. the height of either the red or green curve represents the total amount of orders between that price and market
>go further up in price above market = more sell orders for larger amounts
>similarly for price below and amount of fiat bids

>lots of sell orders close to market price = risk of selloff causing a crash
>lots of buy orders near market price
>low height/volume near market = takes a few large transactions to swing it either way

this is all my interpretation as someone who's in this only since last year's crash, but if i'm wrong anywhere feel free to correct me

>> No.28039465

>>28038296
buy and sell orders are pure mysticism. they can disappear and appear at a moments notice.

>> No.28039856

>>28037623
I’m feeling comfy knowing I bought around 0.021. When it dips it doesn’t go below 0.025 and whales are still accumulating. I’m just here waiting for us to break 0.030 again and start to crab up. This won’t happen over night it will take weeks if not months and you best believe there will be corrections along the way. Speaking as an investor, this is a long play assuming all goes well with their team.

>> No.28040608
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28040608

>>28037623

>> No.28040992
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28040992

>bought 20k at saturday for 0.025 euros
>graph goes down a bit but still feeling comfy
Im just waiting for when the big release comes. I believe in reef

t. crypto noob

>> No.28041112

Don't buy top. If you were in last week we still green