/biz/ - Business & Finance

Also, cut losses if BTC falls below the lower trend line

>>2858371
>1700
I think you meant 2700

>>2858423
Yeah, 2700, lel

>>2858371
nice just bought 100k

>>2858371
bought 500k

>>2858443
Niggerwhatareyoudoing.jpg

>>2858371
OP now phone(shit)posting

>>2858443

>>2858509

>>2858522

>>2858371
protip: don't

>>2858371
It's going to dip much lower first.

Phone posting for keks

>>2858531
I stopped coming on /bid/ because all good advice is ignored and only FUD and FOMO is followed. Please, Anon, if you're gonna trade, learn to trade.

MACD, RSI, Ichimoku Cloud, Trend lines, meme triangles, chart patterns, candlesticks, Fibonacci retracement for basic knowledge, buy low, sell high...omly then will you enter Lamboland.

>>2858532
As long as you have a proper entry (ex. only buying within the trendline and) exit strategy (ex. selling if it falls more than $10 below the trendline), the risk is very low while the reward is quite large.

Stay cucked, Anon

>>2858371
I'm betting that it would go down. Even it goes up, it won't be by much before it goes down again. There's obvious manipulation by whales because the buy/sell walls have the typical staircase pattern. Most of the buy orders are in small amounts.

>>2858571
>buy high sell low

>>2858371
I believe it, OP. This fits in well with my theory that bitcoin will moon up towards august 1st as people want acquire btc to get on both chains. Expect alts to tank hard for the same reason.

>>2858600
What chains? The fork isn't happening. Maybe in November but not now brotendo.

ITT : Random guesses and backwards rationalization.

>>2858557
My week graph looks like yours but idk what I'm doing desu. Where to learn this stuff besides googling everything and investopedia. Is there like a comprehensive free site around here that teaches?

>>2858627
>a comprehensive free site around here that teaches
You're on it

ROLLING FOR PRICE BY THURSDAY EVENING
0 = 1600
1 = 1800
2 = 2000
3 = 2200
4 = 2400
5 = 2600
6 = 2800
7 = 3000
8 = 3100
9 = 3200
DUBS = 1200

>>2858640
Great choice.

>>2858611
Jihan and the other big blockers iare going to split off their Bitcoin Cash (BCC).

>>2858627
Just learn it from Googling, application, and then figuring out what you did right and what needs modification and more learning on. A lot of it is pretty simple and doesn't take much to get the hand of once you get the hang of it.

Like seriously, draw a trend line along lower candle wicks, consider selling it it breaks much below the trend line with a high RSI and crossed MACD signal line, ???, profit. Again, suprisingly simple.

>>2858660
Their price is gonna go to shit. Most people will sell right away. They're just throwing a bitch fit that won't be successful in anyway.

>>2858667
For sure. But they might dump their real bitcoin in an attempt to fuck it over. I expect ATH leading up to BCC split, followed by big crash. We might see $1200 bitcoin.

>>2858640
Rolling!

>>2858678
This is what I'm worried about. I'm enjoying the bull run now and am gonna keep trading for dem mad gainz, but I'm gonna cut my losses short quick it looks like a reversal is happening. I'd much rather have to buy back at 5% more on a bear trap than fall down due to mass market manipulation.

>>2858678
>>2858660
>>2858667
the question is how much money does Jihan and his crew have ? If they dump all their BTC holdings all at once can they crash the course and maybe even meme some people into holding Bitcoin Cash instead ?

>>2858708
Well. considering they run some of the worlds largest mining corporations, which are essentially the Fed of the market, certainly quiet a lot.

Personally, I'm gonna keep trading as normal, as if we are in an uptrend still, but set and update stop losses on all my coins daily

>>2858694
>>2858708
I think both sides are going to dump so I except a price bloodbath.

What really alarms me is that if Jihan can convince enough of the miners to join his side, they could realistically 51% bitcoin.

>>2858371

>Dat TA babble


lel comedy gold.

>>2858744
I dont see the point why Jihan is even doing this, there is no way he can profit from such a bloodbath so what's his endgame here ? what does he want ? surely he must lose A LOT of money if he really goes for this bloodbath.

we're currently entering a reverse feldgrau piledriver maneuver, expect 1100 in 6 hours

t. finance degree and worked at goldman sachs for 8 years

>>2858758
He has a near monopoly on mining equipment. He has a chance right now to become the world's first trillionaire, and it looks like he's going to take the gamble.

>>2858744
The problem then, is it really worth if for them to cripple the market just to try and pump their shitcoin? Even if they did, I doubt BCC would pick up much steam and I think they know this. Wouldn't it be more profitable to just let the coin they already have huge control over to just do its thing and go up significantly in value?

>>2858773
Think about it from their side. If BCC wins, Jihan will become insanely stupidly rich in the future. If it fails he can just go back to mining bitcoin. Crippling the market right now doesn't matter because either way no one will remember in a year.

>>2858755
>>2858769

>I'm too ignorant and stubborn to spend any time learning well proven trading methods so I'll shitpost instead

Good choice, Anon

>>2858770
I hate this fucking greedy faggot, I will have to get out before the inevitable split and just stay on the sidelines until this shitshow is over.

>>2858784
BTC is on it's way to $5,000 closing by the end of the year. If he did that it might be another few years before we could reach that again. I just don't know that it's worth it for him.

Either way, I got my stop losses set tight and my exit strategy planned in case it does go down

>>2858795
1st November is when he will split off right ?

I mean isn't he effectively increasing his money by 10-20% by this split? He will still own the same amount of BTC but now he will also have BCC.

What's to stop him from making BCC, dumping it for more BTC then going back to mining BTC after he's made profit and bought more BTC from the price falling down?

What's the most reliable crypto trading platform? Trying to get started

>>2858824
LOL imagine he does that. That would be fucking crazy

>>2858786
>arbitrary made up rules
>methods

>>2858843
YGOX, formerly known as Yu-gi-oh! Online Exchange

Serious internet currencies use trading card sites

>>2858846
nice meme

>>2858843
kraken if you're EU
bitfinex otherwise

bittrex for altcoins

>>2858800
No, they announced their is now going to be a BCC hard fork on 08/01 in addition to SegWit2x

>>2858846
Isn't that like the most obvious thing though?

>>2858867
oh shit, I better get out of BTC soon then... I have no trust in Jihan not fucking everything up.

>>2858640
two 6s so far
lets make it a 7

>>2858886
>three sixes

>>2858896
>>2858886
>>2858646
>>2858686
KEK HAS SPOKEN

TA KEKS BTFO

>>2858881
Don't get out unless there is definite signs of crash, such as trendline break, etc.. Otherwise you might miss the likely over $3,000 moon mission.

Let your profits soar, cut your losses short

>>2858916
I mean I know the basics but with these whales playing mindgames I dont feel like I belong here. And with the poential of a huge crash when this thing goes wrong I really dont think I should be around for that possibility.

I will probably buy back in as soon as the market has calmed down a bit...

>>2858582
meme

>>2858911

>>2858911
>dubs now

>>2858963
ask nicely and he shall return the favor

>>2858627
If you want it bad enough you'll find it. Or stay here with the 12 y/o from /pol/ trying to predict the market by post numbers.

Twitter OGs calling Jihan crash attempt is go

>>2858916
Unfortunately i think this is the most likely, where there will be a short-term upshot to new ATH, followed by massive sell-off and settling back to current state. Back to watching the ticker like a stim addict.

what did she mean by this?

>https://twitter.com/thejanicexxx/status/889214831923912704

>>2859083
Good luck with that, the market clearly wants segwit. jigglehan is fucked if he doesn't keep mining BTC and he knows it.

This is a temper tantrum because segwit takes tx off chain so he no longer gets that juicy fee money.

So when's a good time to short BTC? Any day before August 1st?

>>2858371
>8 hours ago
so who else is waiting for op to deliver?

>>2858911
Here we go boys

>>2858571
what website will show me the trend lines?

>>2858582
*price does literally anything*
"dead cat bounce" - biz

I will throw a bone for the Poloniex fags
>Look at GRC/SBD

>>2861348
OP here. I was expecting 3 waves and then breakout but we're getting another tiny one now. Just be patient, Anon.

>>2861368
Coingy. It doesn't show you them, but it gives you tools to draw them

http://www.letmegooglethat.com/?q=https%3A%2F%2Fstockcharts.com%2Fschool%2Fdoku.php%3Fid%3Dchart_school%3Achart_analysis%3Atrend_lines

>>2861498
When do I buy OP?

>>2861524
$720-$730

>>2861498
This is silly. All profits will be lost when Aug 1 comes around

>>2858371
what if people buy and it just keeps going down instead.

>>2861534
Are you retarded?

Wew, managed to make one last small trade before the crossroads. Hope it dips down to 2700 so I can make some real gains.

>>2858397
how do i cut losses if bittrex froze all my bitcoin

>>2861895
wtf why did they frezze all your bitcoin??

>>2861371

were in a happy dog sit at the moment

>>2861909
oh nevermind i really am dumb, thought it was froze earlier but i see now they just changed confirmations to 6. thought i couldn't trade with it at all

>>2858494
>being such a newfag you don't even get this

>>2861929
shit dude scared me i was about to transfer from bitcoin there to buy some ANS but everyone is crying right now because ANT did not delivery as they expected over one day

honestly just set an order to buy above the upper trend line, you dont miss the moon if it does go up, and you never enter the trade if it doesn't moon.

also these fucking captchas where you need to wait for the fucking image to load as you click them over and over are really fucking annoying fuck off mods

it's finally dumping guys
how low do you think it'll go
down to 2730 from hovering around 2760 for over an hour

>>2862331
kys

ITS HAPPENING. THE ASIANS HAVE WOKEN UP

>>2862350
get rekt nigger
sub 2730 now and the buy walls seem to have dispersed

going up guys. 1.13 CST.
OP was legit

ITT: Buy high sell low psyop

>>2861498
And?

MAKE IT DO SOMETHING ALREADY

Is that official BTCrocket lunch to the moon?

>>2862934
>surely /biz/ was right. I'll just have to wait a few more hours... then I'll be a millionaire!

>>2861944
Not sure if bait, but in doubt
ANS (Antshares) != ANT (Aragon)

https://youtu.be/l9yLZFTPMa4

All the other shills with their pumped shitcoins better run better run, outrun my bull