/biz/ - Business & Finance

this is legit

>>4451735
Everybody know that intuitively.
But when emotions kick in only a few stick to their strategy.

is this legit? looks like a meme

>>4451802
is simple common sense.

buy when it hits the floor, sell when everyone is buying.

there's basically no difference between the two bottom charts

>>4451905
"don't buy"
"sell you retard"
it's almost like he's trying to tell you which margin position to take

>>4451905
or tell you how to not be a hodler retard

>my gainz mean I can only afford mspaint
>trust me to make your more gainz

>>4451946
>implying ms paint isn't the most god tier program ever

>>4451735
I like the third one. One question though. How do you know when it has hit the floor? When buying volume increases? Good thread OP

I am the bottom 1%
I have a hard time catching falling knives.

>>4452073
Look at the charts of at least one month before so you can see patterns, see what was the floor base in previous ocassions.

the best coins are the ones that have a pattern that isn't obviously pump and dump shit (flat line with just one big pump).

>>4452115
whatcha think about POWR OP?

also, what's the next moon mission?

>>4451735
Pretty legit

>>4451786
This.

Anon who made it here, put in good buy sell points down on a piece of paper (or place order if you're feeling brave) at usually reversal points (doubletop/bottom, fib retracement levels or best is just simple scaled orders going 50%+ where it could go).

Also don't be afraid to hold a winning trade, if it's broken out don't settle for a measly 5% profits, accumulate a coin and hold it till you're rich or the bear market sets in.

Saved. Thank you based OP. Now kindly delet.

>>4452115
Thank you
Is this the main strategy infographic you use?

>>4451735
if you followed this advice youd miss every moon mission since january

>>4452115
Thanks. Another question: I see this pattern on high volume 1 minute charts like BCC and NEO right now. Is it cool to trade like this on such a short timeframe or do you recommend sticking to 30 minute or 2 hour candles or something.

>>4452148
just try to use common sense, usually buy after a dip when the coin has suffered fallen prices, and then buy when is cheap, simply then wait to sell when everyone is excited about it.

don't buy when everyone is talking about a coin, usually you're the one who is late to the party.

try to see also more than the day trading patterns, scalping is for autists who think they can beat computers.

usually try to find historical patterns, like something that repeats, then you can analize when the coin will hit the floor and when it will moon.

spend your time analizing the trends and see which coins have hit the floor and will moon again based on historical data.

It's pretty common sense.

>>4452227
unless you have secret knowledge about dump and pump coins, you will lose your money trying to ride pumps.

Exactly what raiden do now, in 9 day they release a product so it will start to climb in a few days.

>>4452234
men, don't day trade, that's a waste of time.

use historical patterns and see which coins will give you gains in 2-3 days.

day trading is for computers.

>>4451735

>>4452279
>what are fake walls

>>4451735
BAT is counter-example for the first one

>>4452259
pretty good advice, which indicators do you use the most, macd, rsi, etc?

>>4452326

>>4452363

>>4452333
Why?

I see a perfect example. There is a buying point (drawing number 1) the there is a selling point (drawing number 5) before the fall.

>>4452333
Maybe stop loss would save you on that last dip. Looks like you would have made money for a while there though.

>>4452333
look at the historical floor it had hit previous times.

It could be a single big pump.

>>4452335
common sense and looking at historical data to see cyclical patterns beats all that shit.

there's not magic indicator of all this BS.

just try to find some cyclical player who pumps regularly a coin.

most coins will correct to their historical floor before mooning to their also historical ceiling.

the good coins are the ones that are active (not dead) and show cyclical movement.

My advice is to buy Chancoin while it is cheap as fuck.

#4CHNallday

1. it's all psychological,
2. lots of random people psychologically participate
---- first result: we have pretty bell curve of intelligence (you know - lots of average people, few stupid and few intelligent)
3. news, fomo, fud, etc. influence the stupid and large part of average which is enough to make movement (positive or negative)
4. it's all abstracted in nice price vs time chart (2d, cool, easy, simple)
---- second result: we know how things move, and what moves them (now comes the good part)
5. rumor, team, white papers, dyor basically
6. watch chart patterns and analyze it following 1-4 rules, read chronologically what caused spikes and falls in past news, threads, etc. - see what people felt during the good/bad times

repeat

>>4451735

I'll add that the cyclical one indicates short term investment unless there is some reason it's supposed to break upwards in future. I have seen plenty of companies with that rollercoaster pattern eventually hit the dip and then go under completely.

'Wait' pattern is something I like to see in prospective long term investment (if growth is anticipated) as it demonstrates stability/low likelihood of major failures moving forward.

>>4452404
QFL?

>>4451735
https://discord.gg/vecmVFr
Ofc you could just get in at the beginning of a pump...

>>4452333
Redpill me on what the O H L C mean for MA lines please

>>4452485
Mostly true but on #2, bear in mind when trading crypto, the sample of the population is biased on the right side of the curve. The people who have heard of crypto, willing to trade it, and have the wherewithal to actually do it are going to be at least a SD maybe even more above the mean. Keep this in mind.

Does this board talk about anything other than cryptocurrency?

>>4452654
>does the crypto board talk about bla bla bla
jews and roasties, after 5pm.

>>4452441
What if the sell orders form an s surve?

>>4452590
>>4452590
>>4452590

new thread.

>>4452716
>buy my bags

>>4452685
>the crypto board
It's business and finance.
Fuck it. Where can I buy some BTC with minimal fees?

>>4452772
gemini

>>4452750
>I'm shilling stuff you can watch on coin market for free

>>4452772
localbitcoins or some local bussiness that you can buy with efecty or western union.

>>4452640
intelligence is not only the measured iq my friend, i know lots of highly iqed people that are plain simpletons when it comes to self-control (which is very very important for someone who trade)

i am pajeet and not very smart. could a rich white man pleas explaign what mean???

thank

>>4452279
>>4452363
>>4452380
>>4452441
Imagine an exchange where placing orders, that you have no intention of being filled, is completely free. Crazy, right?

>>4452910
See
>>4452441

>>4452910
some dude with a computer is pumping and dumping shit.

better try to see it's pattern and try to predict when he will pump again.

>>4452910
look at your street pajeet, that's where BCC will go

>>4452813
Maybe read my comment again. I never mention IQ or intelligence. Ironically, conscientiousness correlates with success in trading.

>>4452809
Am I about to betray my country?

>>4452910
thanks pajeet, this confirm my theory that bcc/bch shills were pumping (buying) tether waiting for obvious btc fud collapse (which will appear in next day or two)

bitfinex -> wells fargo -> jihan -> (you) <- core (stupid pawns, should have been smarter) <- blockstream <- (((some people))) who controls wells fargo

it's a pretty full circle by now ;)

>>4453062
>usd
you already did

>>4453048
>the sample of the population is biased on the right side of the curve
that's what i meant about measured iq, we understand each other

https://discord.gg/ahSAawG

>>4451786
This is extremely understated.

It's why I stick with long term fundamental trades. I just don't have the capacity to be completely emotionally detached if I stare at trades all day. Weak maybe, and can't get as much gains as someone constantly winning trades daily, but it's better than eating losses.

>>4452772
GDAX

Redpill me on this

>>4453277
POWR is a long term hold, don't worry about anything and leave it be for couple months.

>>4453277
bear matket -> sell

>>4452809

couldn't it be easy to cash out without getting taxed doing it locally like this?