Little update on what is going on in crypto market.

in #cryptocurrency7 years ago

Hello everyone!
Little update on what's going on.

Thought #1.
Overall, market is still unstable. Nothing got back at place and we can see another major dump.
Also, whole market got changed and the way coins are traded is totally weird. Now, you can't buy the rumours, sell the news. Everyone knows the news so any altcoin is being sold the heck out way ahead of actual news. Market awareness and news penetration level is high as hell. Everyone is basically trying to flip things faster. We can't trade on fundamentals anymore.
That's why I wasn't posting anything recently.

Thought #2.
65915ebf-f6da-49fe-b41a-355772d97870.jpg
The night is about to be ended. This is the daily charts of various big altcoins. We almost went through a whole hyper cycle. This is how market works. Embrace yourself!
acb5e17f-bae1-4671-a5bc-39a45926facd.jpg
If you managed to got till this moment, you made it all right! Soon, you will be rewarded!
Patience is the key!

Stay tuned!
p.s. - few signals for those who are lasy ^_^:
#OMG
Bittrex
Price right now: 0.0023
RSI, MACD is bullish. 1H broke through Alligator. Trend is reversing. Buy!
#ADX
Bittrex
Price right now: 0.00014
RSI, MACD, DMI all bullish. Volume is increasing. +product to be launched soon.
Buy!
[Little tip]
Don't buy all at once. Spread your orders evenly into number of buy orders.

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This looks very useful

Great post. I totally agree with you when you say We can't trade on fundamentals anymore. I have tried it for like 2weeks now and I have lost a lot. I have just chosen to slow down and see how things will go with the market. Tanx anyways for the post

Thank you so much

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