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RE: Relax - Combining the Bear Market with the Bitcoin Wedge
It's getting hard to tell where to keep your money right now, and I don't like spending a quarter of my day staring at binance.
On a lighter note: I just bought some ELF for a potential jump... Take a look at her 4 hour chart and tell me what you see/think.
Not much - you should have bought on the 17th ;)
This is a month-old coin. It's hard to see how it could go down a lot, though...
I hate it when there's no fiat to compare, just crypto, and that crypto's future is unforeseeable.
It's at 14 now with the MA going downwards, cannot see it fall below 9.
Compared to ETH, it looks like a better buy, with the MA seemingly going up... only slightly so far, and maybe that's just because ETH is going down more than BTC at the moment, for six hours or so.
If you have insider info that there's a irrefutable reason this must go up soon (a cloud to host other blockchains sounds grande with an e, but will they take the offer).
Website's a bit intransparent, but they all are.
It does look like a bit of a gamble, but it will probably shoot if it receives some good marketing hype, once the market is out of the boondocks - marketing is everything in this business.
Pressing thumbs ;)
well you do your homework, I'll give you that.
I liked the perfect cup it just formed during the recent correction. At the very least it shows shr has some real support and vigor, which is more than coins like xvg and xlm are offering.
I figure that's due to ELF being new and interesting and that it isn't coming off a 10x run like most.
Stupid name, but promising for at least a short-term pop. Maybe.
And no I do not have inside info. I wish.
Hate it when I don't have info... the cups and handles are everywhere these days... if they play out and when is all dependent on the general mood, have to wait for that to get better. Then again, with small coins you often have a surprising pump that will make the coin look better and lure a few people in... not so hard to do. I would either be constantly on the lookout for that or place a stop order that would guarantee you a nice profit in case it unexpectedly jumps to 25 or so.
well, would you look at today's action!
If you missed that one, watch the bollinger bands and the stochastic... buy when it breaks through the low and then watch it, ride the first elliott wave up and the second to half, then get out. Always works except when there's a drastic downtrend, I don't see that here. Just touched the lower band and climbs while I'm writing this...
My guess is that it's being pumped by a private group. I would wager that they're buttering up new members with some profits to gain their trust....the price action is too weird to be a normal upswing.
But OF COURSE ;)
You can watch that with lots of small coins, especially when there's a general downward trend.
All of a sudden, some minor coin shoots up !
if you're at the exchange at the time when this starts, why not ride it for an hour or so, always prepared to run towards the exit.
Nothing much is normal these days.
Look at the bullshit they write about TA here every single day, and how ridiculous coins are being pushed when what people should really do is BUY BITCOIN, to make everything rise up again
Instead, they love to hear divide-and-rule fairy tales.
"If Blahcoin breaks this resistance line, it's to the Moon!" The market has disabled itself for awhile.
I listened to a lot of people these last thee days, and my guess is that whatever they tell you, most will have lost about a third or half their funds because they didn't know what to expect, and now they're too wary to risk anything. Now, they expect drops and dips on every corner, they haven't yet realized that it's stabilizing itself again EVERY TIME if you wait... they're watching it now and need time ti learn. You can look at whatever coin, their progress is looking more and more like a straight line with nobody buying or selling but bots.
THAT is why the market is stalling, some eternal FUD will keep it low till the dopamine level in the average brain rises again. It takes awhile...
Meanwhile, they disabled me from "posting" here more than once a day. Answering, commenting is a "post"... I'm naturally chatty, and I "posted" 493 times since October, guess an algo will keep me from reaching 500.
This network is a joke
You see it pretty clearly.
This network is a great idea in essence: rewarding activity monetarily. But it needs a rewards system that encourages posting and commenting value. They've got hundreds of people who would happily moderate content, but instead they encourage bots and mindless upvoting, and nobody's getting booted for spam....I don't understand the philosophy at work here.
Perhaps it's a natural consequence of having money enter the equation.
Reddit is an example of a forum that works:
When you look at the flow of Reddit, their system naturally encourages the best contributions to flow upward. Perhaps, if they were to implement a rewards scenario for upvoting, it would degrade the system.