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File: 76 KB, 1080x647, damn.png [View same] [iqdb] [saucenao] [google]
15482058 No.15482058 [Reply] [Original]

THIS DUMP IS GOING TO BE GLORIOUS

>> No.15482064

>>15482058
Imagine being in the early innings of the next bull cycle and being bearish, lmao

enjoy getting Ashdraked, faggot

>> No.15482063

>>15482058
found the no-coiner faggot

>> No.15482079

September 5, 2018

>> No.15482096
File: 35 KB, 521x283, omgwebull.png [View same] [iqdb] [saucenao] [google]
15482096

>>15482063
>>15482064
>2019
>wagies still thinking they will "make it" with their 3 BTC

>> No.15482103

>>15482063
>>15482064
There is potential for a dump. I wouldn't get super bullish until we get over 12k again. Maybe if you're more aggressive, getting over 11.5k is enough, but there's a big descending triangle that needs to get violated in the next few weeks to open the path for more upside.

>>15482096
There we go. There is serious danger of a dump if we can't break that descending trendline.

>> No.15482124
File: 104 KB, 1699x889, 20 week SMA test.jpg [View same] [iqdb] [saucenao] [google]
15482124

>>15482096
I've got 13 BTC

You need to zoom out

>> No.15482129

If we revisit 9.4k again, you'd better be in a short position, because that support will not hold again.

>> No.15482131

>>15482103
No one is buying buttcoin, the last pump we had was just tether and bitfinex exit scamming before the final trial.

There is absolutely no use case for buttcoin, it's imaginary money

also cycles get longer

>> No.15482150
File: 178 KB, 750x1334, IMG_4228.png [View same] [iqdb] [saucenao] [google]
15482150

>>15482131
>also cycles get longer

Hmmm that type of room-temp IQ reasoning sounds familiar

>> No.15482156

>>15482124
I don't care about your life, I have two flats yet I don't open my big mouth here

>>15482129
9,000$ is the new 6,000$

>> No.15482158

>>15482124
That's the bullish case. We'll see soon. Personally, I'd like to see the bullish case win out, but I can't deny the descending triangle that could be forming now.

>>15482131
>There is absolutely no use case for buttcoin, it's imaginary money
That's not true. This seems to be the only financial instrument jews can't stop. That's powerful as fuck.

>> No.15482176

>>15482150
capslock anon was cringe af I don't care about this faggot, NVT indicator gave a bullish signal last april and now it is giving a bearish signal that's it

NVT is the only way to know if BTC is over and undervalued - your asuka meme is not able to do this

>> No.15482182

>>15482156
>9,000$ is the new 6,000$
It could be. If we revisit that area, I'd like for the dump to act like a bear trap and not be too severe.

When BTCUSD was flirting with the 6k support, we were under the 1d 200 SMA, but this time, we're well over it. That alone should limit the damage and create a path for another big move up after the hypothetical dump.

>> No.15482184

>>15482158
jews can freeze your bank account dumbass, you know the one where you take the money from to buy imaginary money

>> No.15482185

>>15482176
>>15482156

cool beans just know when to cut your losses so you don't end up roping yourself at 16k

>> No.15482197

>>15482184
Use your big brain and find a way to convert BTC to fiat without any jews seeing it. I know you can do it.

>> No.15482198
File: 47 KB, 1080x647, MUHSMA.png [View same] [iqdb] [saucenao] [google]
15482198

>>15482182
eat shit and die son of a bitch

muh sma 20 weeks
muh imaginary line

>> No.15482211
File: 62 KB, 380x349, boomie.jpg [View same] [iqdb] [saucenao] [google]
15482211

>>15482197
I don't trade with lunch money, I'm not going to meet all the incels of my town from localbitcoin aka IRSbitcoin glownigger suck my dick zoomie pussy

>> No.15482228

>>15482211
Don't use localbitcoins. I know that place is full of glowniggers. There's another way that's way safer that can handle large volume. Keep searching.

>>15482198
Why are you mad at me? I was agreeing with you (with some conditions).

>> No.15482245

>>15482198
that imaginary line was picture perfect support/resistance for 4 years

I trust it more than your pet gook's NVT meme

>> No.15482254

>>15482245
>>15482198
strong support yes
good buy sir
many rupees soon

>> No.15482276

anybody who thinks technical analysis works should kill themselves.

>> No.15482288

>>15482276
TA has made it possible for me to not wagecuck anymore.

>> No.15482293
File: 141 KB, 1150x1538, bought the dip.png [View same] [iqdb] [saucenao] [google]
15482293

>>15482254
Nah strong support was the 200 week SMA combined with oversold weekly RSI, which is why I bought 10BTC there

>>15482276
TA is literally all that matters in crypto and until you realize this you will always be a stupid newshit

>> No.15482317

>>15482293
TA can't predict Tether prints, it can't predict Bitmex BARTing the market, it can't predict whales manipulating the market, it has no knowledge of the positions exchanges clients hold, it has fucking nothing. If you make money with TA it is luck only.

>> No.15482334
File: 142 KB, 360x346, laughpepe.png [View same] [iqdb] [saucenao] [google]
15482334

>>15482058
>he doesn't know

>> No.15482347

>>15482317
Just because you say something stupid doesn't make it true

TA made me more than your annual salary this year

>> No.15482355

>>15482347
did you make an alpha to holding though?

>> No.15482372

>>15482317
That negative mindset that puts so much blame on external sources is what's wrecking you. Maybe instead of studying technical analysis, you should study trading psychology first. That may help you a ton more, and then you might even find that technical analysis starts working for you.

Look up Mark Douglas. He's written some of the greatest books on trading psychology.

>> No.15482400

>>15482355
Holding in a bear market is borderline suicidal. The bear market of 2018 is what forced me to learn how to trade.

>> No.15482411

>>15482058
You're on the right track.
Don't let them fool you with their bullrun mantra.

>> No.15482418

I haven't been on /biz/ in months, and it's painful to see how people think here.

>> No.15482427

>>15482124

>13 BTC

Some people just have it all..

>> No.15482444

>>15482355
Depends over which time period, although if you start from when I first purchased bitcoin I only did because i got lucky by getting into alts early but not super deep and by learning about okcoin futures in late 2016

holding strong for 5+ years is hard. I did it and DCA'd out in 2017 from initial buys in 2013. Sold relatively way too early and bought back less even at the bottom than I had to begin with

>> No.15482476

>>15482058
>DVX1992

>> No.15482495
File: 211 KB, 1106x733, dvx1992 bites the dust.jpg [View same] [iqdb] [saucenao] [google]
15482495

>>15482058

>> No.15482496

I think we're going to the Bottom which is 5.8k

>> No.15482507
File: 23 KB, 893x463, chad DCA.png [View same] [iqdb] [saucenao] [google]
15482507

>>15482427

>> No.15482527
File: 22 KB, 874x443, chad accumulate.png [View same] [iqdb] [saucenao] [google]
15482527

>>15482507

>> No.15482628

>>15482317

Based.

>>15482347

I held link based off zero TA and made 6 figures. Guess that means holding is better than trading right? or is it somehow only skill when you do it?

>> No.15482650

>>15482507
>>15482527

So, what's the story? Are you buying over time or did you get that from trading?

>> No.15482699

>>15482628
Trading is a skill when you do it profitably over time. In bitcoin's case yes holding is better over extended timeframes but holding for that long is much harder than it seems when you're just looking backward at a chart. As much as you link fags meme about $1k even if it got there 99.99% of you would never have held that long

TA helps identify entry and exit points, and since bitcoin and other cryptos have no underlying cash flows to help value the thing, fundamental analysis is far less important

>>15482650
bought ~10 btc over the period 2013-2015. Earned a further ~15 btc in futures trading profits on okcoin (most when btc was ~1k or less). Made another 4-5 btc on alts. Tried to DCA out in 2017 but never in a million years did I think it'd go to 20k. Bought the "dip" initially and got fucked, finally knew it was dead when 20 week SMA broke. Got back in around 200 week MA test in Dec '18

>> No.15482713

>>15482699

Cool, grats. All praise Asuka, I guess.

>> No.15482725

>>15482713
I only made it through 2013-14 because I was in school at the time and just stopped paying attention to the stupid magic beans I wasted a grand on

funny how shit works sometimes

>> No.15482733

>>15482063
Found the dumb money.

>> No.15482751
File: 41 KB, 400x711, 1525497286822.jpg [View same] [iqdb] [saucenao] [google]
15482751

Exactly, and all the volume will come following into LINK, Next year Link will be at 35% dominance and BTC will be 34%.

>> No.15482810

>>15482103
The apex of that triangle goes all the way to mid-October. We might still get another bounce from the 9.4k base to low 10k's before finally getting resolution on that formation. We really need a break of this trendline from 14k to turn turbo bulltard.

>> No.15482838

>>15482725

>funny how shit works sometimes

It really is. Good luck.

>> No.15482842

Its so fucking obvious we are going to crash to new lows. I literally want all bulls to kill themselves in minecraft for their stupidity.

>> No.15482889

>>15482156
is two flats code for child sex slave?

>> No.15483072

>>15482058
This is the most obvious outcome. Sadly biz is too low iq to realize this.

>> No.15483148
File: 841 KB, 1313x1398, 1563543627944.png [View same] [iqdb] [saucenao] [google]
15483148

Looks like sub 9k is coming soon

>> No.15483157

Like seriously how can you look at this chart and think will see a bullish scenario lmao

>> No.15483205

>>15482317
Right. Most whales and smart money just hold BTC as investment for long term (+5years).

Trading is a tool to make money from people that dont go to casino or gambling websites.

>> No.15483236

>>15482096
>respect the upside wicks
>don't respect the downside wicks

confirmation bias is not your friend.

>> No.15483301

>>15483236
it is if youre right

>> No.15483361
File: 82 KB, 1055x765, xBTC-PRICE-HISTORY-LOG-SCALE-colorful-2018-05-10.png.pagespeed.ic.sw8TcGL9Zk.png [View same] [iqdb] [saucenao] [google]
15483361

Halvening right around the corner

>> No.15483819

>>15483361
I can’t wait another year you faggot nigger.

>> No.15484684
File: 42 KB, 1080x647, fockjannies.png [View same] [iqdb] [saucenao] [google]
15484684

>>15483361
your chart is already wrong

>> No.15484753

>>15482058
here comes the dump

>> No.15484797

>>15482176

NVT has been telling people to short since april, and guess what? shooters are all liquidated. indicators are good until they’re not and NVT is dead. price action and trend reigns supreme.

>> No.15484801

>>15484797
*shorters

>> No.15484804
File: 87 KB, 1080x647, webullnow.png [View same] [iqdb] [saucenao] [google]
15484804

>>15484797
No, NVT predicted the bull trap actually

>> No.15484876

just buy VID and enjoy no-dumps life, they guarantee the price

>> No.15484965

>>15482058
>>15482103
>>15482129
>>15482131
>>15482176
>>15482182
>>15482198
>>15482276
>>15482355
>>15482372 (Mark Douglas is a looser who made money seeling you "get rich quick" fantasy". He is fucking idiot)
>>15482496
>>15482628
>>15482733
>>15482842
>>15483072
>>15483148
>>15483157
>>15484753
>>15484876

>people who didnt buy below 10k and are afraid they are missing the train, so in their last desperate attemt they try to fud it, to push the price down to get in.

You will all fomo in at 14k

>> No.15485011

>>15482293
>TA is literally all that matters in crypto and until you realize this you will always be a stupid newshit

This. I cringe at retarded newfags parrotting muh TA doesn't work shit. I did the same a few years ago, thought I was so fucking clever.

It's literally all that matters in crypto. The best argument against it is shit like "b-b-but TA can't predict exchange hacks or Vitalik dying in a car crash, c-c-can it, huh?!?!"

Retards.

Anyway I just hodl these days because I made so fucking much money with basic TA and pattern recognition. Not even short-term shit, but just knowing which coins are going to be "next", and that's almost allllll about the charts.

>>15482317

On the contrary, sir - TA distils and represents EVERY factor.

>> No.15485029
File: 52 KB, 1080x647, viensfdp.png [View same] [iqdb] [saucenao] [google]
15485029

>>15485011
get a load of this TA then

>>15484965
COPE
Asuka meme is your only reason to live

>> No.15485061

>>15485029
dude, you cant even draw trendlines

>> No.15485066

>>15482228
point me in the right direction?

>> No.15485069

compares 2014 situation with 2019