/biz/ - Business & Finance

Thanks, just bought 100k

>strong support at 8800

> World changing technology
> Bets against it
Stop your risky daytrade nonsense, you are going to wipe.

>>9104960
>trying to predict not one not two but three waves in advance

>>9105014

>daytrading
>looking at the 2017-18 chart

i am guessing a decline to 7700 or so, a bounce back to 9kish, then a drop back to the low-mid 6k

>>9105014

Sorry chump, literally 99.9% of people are buying Bitcoin/crypto for speculation and not actually using it as an actual currency.

>>9105037
because I am a fucking god

>>9104960
>being this of a faggot

>>9105044
I'm guessing you make some money on a small dip get confident and then hit a tree at full speed.
Old money is scooping up shorts and longs, it's a very dangerous place. Be safe anon.

>>9105072

if you aren't willing to short based on not having enough liquid to beat the man, then at least don't buy. we are due to test 8k and below

>>9104960
READY SIR

>>9105037
lol this

it's kind of cute actually, you know? how stupid people don't know they're stupid?
>inb4 dunning kruger

I used to just fucking HATE them, but now I make money off them so now they're my favorite

>>9105222
>Not shorting ethereum
Not gonna make it

>>9105250
ethereum is the only thing capable of decoupling
ripple on the other hand...

>>9105170
I bought in 2014 and exchanged for alts in October, not selling any time soon.
My skin is in this game 100% and I'm banking on adoption and usage.

>>9105279
Swings on ethereum have been far bigger than on btc in the last few weeks. A 10% swing on BTC turns into a 20-25% swing for ethereum.
If BTC dies it'll be slow and painful and you don't wanna hold your short for that long, right?
Just giving advice. I've been watching BTC and every time it signals a swing I take a position on ETH instead.

>>9105497
whats the best exchange for shorting eth with leverage?

>>9105170
>we are due to test 8k and below
Not doubting you, but what exactly is this based on?

>>9105014
> World changing technology
steam engine was world-changing technology at some point

>>9105569
Drawing lines on charts.

It's crystal ball future-predicters like this that get rekt by whales big dildos.

>>9105562
Kraken is pretty good. They allow 5x which is the basically the limit for exchanges outside of bitmex.
Kraken's liquidity isn't as great as bitfinex's though, so if you're playing 100k+ positions you'd might wanna go with bitfinex.

>>9105671

Volume does appear to be dropping, that's a pretty good indicator.

>>9105748
>Volume does appear to be dropping
This means no volume will ever come back, ever again.

>>9105748
It's a great indicator of what has already happened.

>>9104960
Ok...

>>9105222
what exchange is that?

>>9106278
cryptofacilities

>>9105569

gut feeling and meme lines

>3 years graph squeezed to make it look like it's not forming a cup

>>9105285
You...u don't have BCH then? Silly (it's bitcoin)

>>9104960
>>9105222
LMAO, are you alright mates?

>>9105222
kek, made that a trailing stop loss, right?

>>9107134
kek

>>9105671
Look like a whale wanted to prove my point.

>>9107134
>>9107800
no stop loss
got liquidated
70% of my portfolio
where's the best place to livestream my suicide?

>>9108063
hi kaiji

>>9108063
some day you will make it

>>9108063
You've got to burn yourself first to learn how to trade. You'll get back on your feet, as long as you trade with money you can afford to lose.
Don't trade with your mortgage money.