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budmanman
OTD Masterbater



Registered: 02/07/07
Posts: 17,974
Loc: PNW
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic] 2
#27218419 - 02/21/21 12:37 PM (2 years, 11 months ago) |
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-------------------- Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal. And I am mentally unstable.
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budmanman
OTD Masterbater



Registered: 02/07/07
Posts: 17,974
Loc: PNW
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] 2
#27218873 - 02/21/21 05:14 PM (2 years, 11 months ago) |
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If you are gonna hold it you might as well just buy the crypto and hold it.
-------------------- Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal. And I am mentally unstable.
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bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,889
Loc: Milky way
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] 2
#27220682 - 02/22/21 04:59 PM (2 years, 10 months ago) |
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I just need 75k btc and 2.5k eth so the bookie doesn't kill me
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bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,889
Loc: Milky way
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] 2
#27220734 - 02/22/21 05:20 PM (2 years, 10 months ago) |
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Btc will 100k within 2 years based on nothing
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budmanman
OTD Masterbater



Registered: 02/07/07
Posts: 17,974
Loc: PNW
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] 2
#27220877 - 02/22/21 06:48 PM (2 years, 10 months ago) |
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Judging by the moving averages and the fib lines and the fib retracements on both upper and lower levels, I have come to the conclusion,
Bitcoin will go up or it will go down.
-------------------- Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal. And I am mentally unstable.
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mongo lloyd
Lone Free Ranger



Registered: 10/16/09
Posts: 9,351
Loc: UK
Last seen: 3 days, 3 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: CHeifM4sterDiezL] 2
#27221826 - 02/23/21 08:40 AM (2 years, 10 months ago) |
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what a day 
luckily i'm a hodler and am still in plenty of profit
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 6 days, 9 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] 2
#27225037 - 02/24/21 11:14 PM (2 years, 10 months ago) |
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As long as everyone is bored how about sharing your fuckups and long shots? I think my worst right now is UMA. Bought in at 28.02 a couple weeks ago and bought more on the last dip. Around 2K invested and it's around 22.5 now.
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,889
Loc: Milky way
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] 2
#27227367 - 02/26/21 11:07 AM (2 years, 10 months ago) |
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Why even bother using coinbase non pro? You like the fees? Store long term in a better wallet than on an exchange
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CHeifM4sterDiezL
Chief Globerts

Registered: 07/28/10
Posts: 22,534
Loc: United States
Last seen: 1 hour, 19 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nature Boy] 2
#27227794 - 02/26/21 03:05 PM (2 years, 10 months ago) |
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 24 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] 2
#27230923 - 02/28/21 04:23 PM (2 years, 10 months ago) |
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Quote:
Nature Boy said: I hear [coinbase will] rat you out to the IRS with no subpoena [...] Any suggestions as to an exchange that won't report me out to the IRS???
It is likely that all US based exchanges will submit a report of aggregate sale proceeds to the IRS for accounts totaling $20,000 or more in sales volume during the tax year. I have found CoinTracking.info very useful in helping me calculate my tax obligations.
Quote:
trees said: I already know you regret not buying ADA. Dont even bother trying to say you don't care. [...] Anyone who missed the boat and still wants to believe they were right and theyll keep putting up blinders and telling themselves Cardano sucks
Is all that dick swinging really necessary ? ADA's breakout over $0.20 in January was clearly an actionable event. I hadn't looked at ADA in a very long while, and I missed it, plain and simple. Too bad, so sad, such is the life of a trader. Would've been an awesome move to catch, but it's nothing I'm losing sleep over. I was fortunate to catch ADA's first rally to $1 several years ago, and entering DOT two months ago between $7-8 and UNI @ $5 haven't felt too bad either. But for real trees, the more often people post in this thread for the sole purpose of tootin' their own horn, the less useful it becomes for all of us. Let's keep this on point.
As for the market, I'm happy to have had the week off! 
I am encouraged by the long lower wicks on BTC and ETH, indicating that some buying appetite remains at work. Unfortunately, there has been a definitive series of lower highs and lower lows printed, which is not ideal. Nevertheless, these corrective moves should be expected, and should reinforce your propensity to take a little bit off of the table when price is screaming higher. Even if it's not a particularly sizable sale, the mental relief this type of disciplined behavior will afford you when price ultimately retraces, is very much worth the practice.
I think qman has it right. The prevailing uptrend remains intact, and one should expect at least a few weeks (and possibly even a few months) of sideways chop while price stabilizes into a new zone of support to create a base from which to resume the prevailing longer term trend higher. Plan your trade and trade your plan. For my part, there isn't all that much trading involved in my asset allocation plan for crypto, and this approach has served me well, despite paper losses in the six figures this week.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Nature Boy
Stranger than most



Registered: 07/09/07
Posts: 8,241
Loc: Samsara
Last seen: 2 months, 5 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Primal Matter] 2
#27231934 - 03/01/21 11:22 AM (2 years, 10 months ago) |
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Quote:
Primal Matter said: I suspect you just want to post a simple limit order, yes.
The point of a stop loss [limit] order is it doesn't position your assets so you are still free to trade them such as by placing a take profit [limit] order.
When you place normal [limit] order your ETH is withheld from being placed into another order. A stop loss/take profit order don't do this as they aren't real orders but instead triggers for an order to be placed.
Wow! Awesome, thank you. NOW I understand!
I hold 16 ETH in total but ATM I'm only profitable on the last 5 purchased purchased on the most recent dump (although it's looking good ATM for more to be in the green) so those 5 are the only ETH I'm seeking to protect.
No way I'm ever going to sell a single one of the remaining 11 ETH at a loss! I can wait. May not have to wait long, either...
-------------------- All submitted posts under this user name are works of pure fiction or outright lies. Any information, statement, or assertion contained therein should be considered pure unadulterated bullshit. Note well: Sorry, but I do not answer PM's unless you are a long-time trusted friend. If you have a question, ask it in the appropriate thread.
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 24 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nature Boy] 2
#27233258 - 03/02/21 07:39 AM (2 years, 10 months ago) |
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Quote:
Primal Matter said: Hey geo, I just signed up to ftx.us. Sexy looking site that is. Do you have a referral code?
I suppose I do. If anyone wants to sign up there with my referral code, they can click this link: https://ftx.us/#a=3265385
Quote:
Nature Boy said: I'm in New York. Would I be wasting my time trying to sign up?
Unfortunately yes, as FTX.us does not have a BitLicense they therefore cannot service New York residents (or Washington state residents, for that matter, while we're on the subject).
UNI is performing well, following through on yesterday's short-term trend reversal at its 20 day. DOT is worth highlighting as well. I am already loaded on this issue, but it is worth noting its relative strength during the selloff of the past weeks. You want to hold assets that are showing relative strength over their peers. Look at the daily candle chart on DOT and note the long lower wicks anytime it touched its 20 day moving average. This as opposed to ETH or BTC, which traded well below their 20 day moving averages for days (and in fact are still below it!). There are buyers just waiting to soak up supply on DOT, much more so than most other issues I'm watching. SNX is staging a nice recovery as well, but not as strong as DOT. Speaking of relative strength, SOL didn't even touch its 20 day. Now that is impressive.
Current positions (chronologically):- BTC
- ETH
- DOT
- XTZ
- SNX
- UNI
- TZROP
- HBAR
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 24 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] 2
#27233429 - 03/02/21 10:13 AM (2 years, 10 months ago) |
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Thanks for the kind words Asante. I firmly believe that in order to be get good (and stay good) at something, you need to be able to justify your positions, hanging them out plainly for critique or question, while also actively reviewing the actions of others who are participating in the same field/skillset. The reason I share my trades and participate in these discussions is largely on point with the comments I shared from @Scottrades on the SMM forum a week ago:
Quote:
I also want to touch on the importance of Diversity. Not in the environment, though I’m sure that's important. I’m talking about diversity in terms of Thought. You see, one of the major features of StockMarketMentor is our active trading forum. Those who are here every day see a bunch of different traders doing a bunch of different things. Everyone has their own style and chances are you’ve found yourself following another member here or there, maybe even becoming friends. I think one of the strengths and best features of the forum is it’s diverse thoughts about trading because by hearing and seeing the different ways people are trading the same stocks it causes YOU to Challenge Your Own Assumptions. One of the worst things a trader can get is complacent in their own mindset because that’s when you are the most vulnerable and chances are you can get caught off guard. Confirmation Bias will cause you to ride a loser way longer than you should. It will lead to regret, wishing and hoping and could blow up your account. By seeing what traders are doing, even if they don’t trade exactly like you do, it’ll give you a chance to review your positions and make sure you are solid in your thesis. I think of the GameStop trade and see all those people who were just following the crowd, didn’t care what the price was, took out a loan, bought at 300 bucks and now don’t know what to do. You want to be in a position where you’re following the crowd (volume) into a trade but have the ability to think for yourself immediately after the trade is put on. After all it’s YOUR money.
Surrounding yourself with different styles and mindsets will help you figure out what you think and how you trade. At StockMarketMentor.com we are trying to develop you as a trader, not develop you to follow a trader. Hope that helps!
Let’s be protective and open minded. Have a great day!
On topic: crypto seeing a bit of higher volume selling hit the tape over the last hour. I want to see that $45K level on BTC hold firm this week in order to strengthen the base that is forming. On a daily close below $45K, a test of $40K becomes the probable outcome.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Gypsy Boy
Redeemer



Registered: 03/17/17
Posts: 4,501
Loc: Deep in the discoteka
Last seen: 2 months, 25 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] 2
#27235162 - 03/03/21 12:18 PM (2 years, 10 months ago) |
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I got an idea. Why do we launch a SHROOMERY coin??
Ythan will do the Initial Coin Offering and we'll take it from there
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 6 days, 9 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees] 2
#27238973 - 03/05/21 03:58 PM (2 years, 10 months ago) |
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Quote:
trees said: King of what?
I know that nobody has made any decisions based on the king's word and benefited from it yet, it's been a shit show this whole time
I don't know what thread you've been following.
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 7 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman] 2
#27241712 - 03/07/21 10:36 AM (2 years, 10 months ago) |
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Quote:
budmanman said:
Quote:
qman said:
Quote:
budmanman said: I haven't traded or sold a crypto in over 4 years.
Just curious, are you planning on selling any in this bull cycle? Is there a specific price level that would have you take some off the plate?
I do plan on attempting to sell this cycle if I can truly determin the cycle is over. I have watched 2 cycles now in my life. The first cycle made me think bitcoim was dead forever, the 2nd cycle I thought we were having a financial revolution, this cycle I now know some patterns and what my gut feels like when the cycle is over.
There will be a consensus. A this is it moment. Bitcoin in a flash rise, will likely happen 40% or even 100% or more I'm talking bitcoin going from 50k to 100k or 75k to 150k just Ina psyco burst. When that happens I am out. Sure alts very well may do one more big pump after but I'll be out I won't get sucked back in either ill let them alts pump and dump without me.
Now this is if I catch it if I get out in the nick of time. If I don't get out then I won't know what to do and I'll just hold im not gonna do something if I'm not sure what to do.
Thanks for the response, hopefully everyone in this thread does well timing their exit strategy. Unfortunately, just overstaying a few days after the peak can produce incredible losses. Also, we have to think that scaling out of positions is the correct method to exit. The all or nothing proposition can be very dangerous and risky.
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bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,889
Loc: Milky way
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic] 2
#27241864 - 03/07/21 12:38 PM (2 years, 10 months ago) |
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Nature Boy
Stranger than most



Registered: 07/09/07
Posts: 8,241
Loc: Samsara
Last seen: 2 months, 5 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] 2
#27244662 - 03/09/21 08:55 AM (2 years, 10 months ago) |
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I'm doing fine without his style of advice. There are others who provide far more data driven analysis that I much prefer. I'll stick with those folks.
Delivery style counts - and I have my preferences, which is not to be spoken to or lectured AT like I'm a cretin or a third-rate citizen because I earned my rather substantial fortune through 30 years of cardiac surgery rather than the simple expediency of selling everything I own to invest in cryptocurrency. Pretty sure I could buy and sell him several times over - plus I did a lot of good for humankind along the way in the course of earning my money.
-------------------- All submitted posts under this user name are works of pure fiction or outright lies. Any information, statement, or assertion contained therein should be considered pure unadulterated bullshit. Note well: Sorry, but I do not answer PM's unless you are a long-time trusted friend. If you have a question, ask it in the appropriate thread.
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bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,889
Loc: Milky way
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman] 2
#27244988 - 03/09/21 01:04 PM (2 years, 10 months ago) |
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Tbh everything about that guy makes him the last person I would watch. He has an outstanding aura of bullshit
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: eLeSDenes] 2
#27250005 - 03/12/21 02:49 PM (2 years, 10 months ago) |
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I have the worst opinion of ETH but I still strongly believe it will keep going just fine and dumping it isn't necessary, actually I think you'll face palm yourself for doing that I gaurndamntee.
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