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re: Official CryptoTalk Thread

Posted on 5/23/21 at 10:05 am to
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5522 posts
Posted on 5/23/21 at 10:05 am to
quote:

Wyckoff pattern distribution. Appears to be following it beautifully.


The back side of it?!
Posted by NoSaint
Member since Jun 2011
12441 posts
Posted on 5/23/21 at 10:09 am to
quote:

I've been buying this falling knife for the last few days, but I think I'm gonna let things settle before I start buying more. If this is a long term thing, it's not like I have to jump in right this second. And if it bounces back soon, oh well so what I missed the absolute bottom.


Yea- I just snuck in a couple small buys this morning but they keep getting tighter and tighter
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61856 posts
Posted on 5/23/21 at 10:11 am to
I used the strategy from one of the guys in that altcoin collective discord to run a KuCoin grid bot on a coin that’s got a clear downward trajectory to pick up more at a lower price.

It kinda DCAs on the way down and you can pick up a little extra grid profit if the volatility is there. Picked up 7% more eth on the one I just closed after 20 hours

This post was edited on 5/23/21 at 10:19 am
Posted by jangalang
Member since Dec 2014
49659 posts
Posted on 5/23/21 at 10:12 am to
Any Bitcoin selloff veterans from 3 years ago wanna hold my hand and tell me everything will be okay?
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/23/21 at 10:14 am to
everything will be okay. Just keep stacking and realize you are playing the long game
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3630 posts
Posted on 5/23/21 at 10:16 am to
BTC candles shrinking, alts showed their first signs of life today. Did we see the end of the sell-off? At least the panic portion? Or we still toast?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82029 posts
Posted on 5/23/21 at 10:17 am to
quote:

Any Bitcoin selloff veterans from 3 years ago wanna hold my hand and tell me everything will be okay?

What is your investing time horizon?
Posted by jangalang
Member since Dec 2014
49659 posts
Posted on 5/23/21 at 10:23 am to
Doesn’t matter. I don’t even own Bitcoin. Just BCH and LINK. They’re all shite.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82029 posts
Posted on 5/23/21 at 10:25 am to
I can't give you hope on BCH because I think its trash and should go to zero. However LINK will be fine. Will probably hit a new all time high at some point this year. If not, as long as you have a minimum 3 year horizon, you will be fine.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/23/21 at 10:36 am to
quote:

Any Bitcoin selloff veterans from 3 years ago wanna hold my hand and tell me everything will be okay?

If you make more than you spend each month and didn’t use debt to buy, you will be ok

I’m a buyer today. My biggest purchase this year came at 33k (avg entering year was 8k) and I kicked myself for not buying more. Well I got another chance and took it. About half the cash I raised the last couple weeks deployed.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/23/21 at 10:45 am to
I love when you see people start spouting off technical terms they’ve never heard of
Posted by cusoonkpd
Big Mamou
Member since Apr 2015
1821 posts
Posted on 5/23/21 at 10:49 am to
LINK

wyckoff
Posted by cusoonkpd
Big Mamou
Member since Apr 2015
1821 posts
Posted on 5/23/21 at 10:51 am to
why the sarcastic response?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/23/21 at 10:56 am to
Yeah I was gonna post a few days ago about how this was shaping up to be a classic Wyckoff but didn’t want to sound like a prick
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/23/21 at 11:03 am to
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 5/23/21 at 11:04 am to
BTC dominance is going back up exactly as predicted.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/23/21 at 11:26 am to
This is definitely why people say don’t put in more than you can afford to lose

this week has sucked massively
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/23/21 at 11:27 am to
Large buy wall through 31k in btc depth chart.

If that gets eaten through today, damn.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/23/21 at 11:30 am to
Guys whats the best platform to get started with crypto? Late to tge game but would like to add to my portfolio. Thanks in advance. And sorry there are way to many pages in this thread to comb through. Just looking for a good starting point.
Posted by umrebel2009
Member since Feb 2010
8158 posts
Posted on 5/23/21 at 11:38 am to
You're wanting to start buying at what many think is the beginning of the bear market which will dump for 3 years? Wait till late 2023 / early 2024 to start buying and save yourself some headache
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