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  • #1,171,861
  • Jun 5, 2020 2:56pm Jun 5, 2020 2:56pm
Quoting Catempire
Bitcoin will be above $100,000 in 12 / 18 months much of that will be because the dollar has shat itself ! have a good weekend.
You make sure if you have a buy you take the profit. That will plummet down hard. Have a good weekend.
  • #1,171,862
  • Jun 5, 2020 3:02pm Jun 5, 2020 3:02pm
Quoting Techanalyst
{quote} You make sure if you have a buy you take the profit. That will plummet down hard. Have a good weekend.
The only reason anything has value is because we give it one.

more people believe in bitcoin now then yesterday, more hedge funds understand what it’s about

oh and it’s finite.

Hmmmm

everything will be at 0 over a long enough time frame, cheers for the advice, all in good intention I’m sure.

have a good one.
Que Sera
  • #1,171,863
  • Jun 5, 2020 3:17pm Jun 5, 2020 3:17pm
Quoting Catempire
{quote} The only reason anything has value is because we give it one. more people believe in bitcoin now then yesterday, more hedge funds understand what it’s about oh and it’s finite. Hmmmm everything will be at 0 over a long enough time frame, cheers for the advice, all in good intention I’m sure. have a good one.
"Cryptocurrencies had a wild year in 2018, with over $480 billion of value wiped off the entire market, according to data from Coinmarketcap. After hitting a record high in 2017, bitcoin, the world’s largest cryptocurrency by market capitalization, fell dramatically. It was trading at $3,571 at around 11.15 a.m. London time Wednesday".

Not a good idea. But to each their own. It's your money.

"Blockchain technology gives Bitcoin two crucial characteristics-- it can be exchanged peer-to-peer without the need for a trusted intermediary, and it lets transactions be anonymous. In both these ways, Bitcoin resembles physical cash. But whereas physical cash is the liability of a government, with a central bank controlling its value, Bitcoin is a liability of nobody. This is its fatal flaw as a currency. There's nothing to stop its value from falling to zero."
  • #1,171,864
  • Jun 5, 2020 4:04pm Jun 5, 2020 4:04pm
Quoting Catempire
{quote} Bitcoin is 21’st century gold, it’s held itself up which I would assume you see as mass psychology believing in something.. where else Decentralised can you store & travel with billions of dollars ? China have just rolled theirs out in 4 cities. im actually amazed that’s your reaction... here’s a bitcoin chart for you, end of the year, lower equities, lower dollar... do you not think there’s a reason so many very intelligent people believe in it, minus buffet ofc but then this is 2020 not 1980 (is suggest deignorenting yourself and getting...
"China have just rolled theirs out in 4 cities"

Is it China's? Is it controlled and regulated by China? If the answers are yes...what makes it different from any other countries currency....do Central Banks us it?

I personably haven't touch physical money in the past few months....however I have made plenty purchases electronically with USD....its has been digital aspects to using money and soon to be more prevalent thanks to the Virus....as you see in china.....they were actually burning physical currency in china from what I heard because of the virus and spread.....don't see a "brand" of Crypto Currency taking over as the means to conduct financial transaction…im sure it has it place.....but replacing world currencies as one crypto currency.....doubt it anytime in the near and distant future

EDIT: mean time expect to USD to find a new range/Channel soon

Your right I am ignorant to crypto currency....rightly soooo....good luck trading it. I have heard people make good money trading it....But as far as it playing a role in the fall of the USD....don't see it. Once the central banks get on board with crypto I will
LOCK IN RE-ENTER
  • #1,171,865
  • Jun 5, 2020 4:07pm Jun 5, 2020 4:07pm
Quoting mistaouting
{quote} "China have just rolled theirs out in 4 cities" Is it China's? Is it controlled and regulated by China? If the answers are yes...what makes it different from any other countries currency....do Central Banks us it? I personably haven't touch physical money in the past few months....however I have made plenty purchases electronically with USD....its has been digital aspects to using money and soon to be more prevalent thanks to the Virus....as you see in china.....they were actually burning physical currency in china from what I heard because...
Well said. There are people that made money on crypto, but there are a lot of people that lost everything. When central banks accept it like you said, I will go with it. Until than, I am staying away, and staying with currencies.
  • #1,171,866
  • Jun 5, 2020 4:44pm Jun 5, 2020 4:44pm
Hello
I am Brazil

Open 2 sale

sale 1.13389 / Tp. 1.12177
sale 1.13282 / Tp. 1.12347

See the images attached below.
I'm on Demo account.Renko Chart.



Green Pips



I am studying and operating on a demo account.
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"No pain no gain"
  • #1,171,867
  • Jun 5, 2020 5:18pm Jun 5, 2020 5:18pm
Any talk about Bitcoin being 100k in 12 to 18 months is nonsense.
Learn from your mistakes and march on.
  • #1,171,868
  • Jun 5, 2020 5:35pm Jun 5, 2020 5:35pm
Quoting here2there
Any talk about Bitcoin being 100k in 12 to 18 months is nonsense.
Do you by any chance live in Minneapolis or any cities that rioting is happening?
  • #1,171,869
  • Jun 5, 2020 5:37pm Jun 5, 2020 5:37pm
Quoting here2there
Any talk about Bitcoin being 100k in 12 to 18 months is nonsense.
I remember back when I was trading bitcoin on bitmex everyone kept saying 100k in 12 months and yet here we are. I believe in crypto currency and for sure see btc rising in value but not that much in such a short period of time !
Master your mind. Master Trading.
  • #1,171,870
  • Jun 5, 2020 6:10pm Jun 5, 2020 6:10pm
Quoting Techanalyst
{quote} Do you by any chance live in Minneapolis or any cities that rioting is happening?
No rioting going on where I live but there are protests going on nearby.
Learn from your mistakes and march on.
  • #1,171,871
  • Jun 5, 2020 6:12pm Jun 5, 2020 6:12pm
Quoting princeali115
{quote} I remember back when I was trading bitcoin on bitmex everyone kept saying 100k in 12 months and yet here we are. I believe in crypto currency and for sure see btc rising in value but not that much in such a short period of time !
I doubt BTC will ever be worth 100k.
Learn from your mistakes and march on.
  • #1,171,872
  • Jun 5, 2020 8:43pm Jun 5, 2020 8:43pm
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instagram: stepbystepforex
  • #1,171,873
  • Jun 6, 2020 1:14am Jun 6, 2020 1:14am
can this rally sustain ?
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  • #1,171,874
  • Jun 6, 2020 3:34am Jun 6, 2020 3:34am
Possible short.
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The noobest trader you will ever see.
  • #1,171,875
  • Jun 6, 2020 7:34am Jun 6, 2020 7:34am
Re bitcoin:

risen from 10c to touch $10000 in 8 years.

I bet there were plenty of people saying it wouldn’t get to $2

A 10 bag to $100,000

Much of which will be down to the dollars depreciation.

As I said before, it’s gold, it is a storage of wealth, decentralised & away from central banks... that’s it’s whole selling point, away from a currency controlled by 1/2/3/10 people that fluctuates dependant on a countries political stability.

there are other crypto’s far more suited to the dollars replacement but that’s a whole different subject, bitcoin, is tech gold and far more useful & versatile In this day and age.

waiting for a central bank to adopt bitcoin defeats the whole object & the reason it’s so sort after & ........ the reason it’s risen from 10c to $10000.
Que Sera
  • #1,171,876
  • Jun 6, 2020 10:56am Jun 6, 2020 10:56am
Quoting Catempire
Re bitcoin: risen from 10c to touch $10000 in 8 years. I bet there were plenty of people saying it wouldn’t get to $2 A 10 bag to $100,000 Much of which will be down to the dollars depreciation. As I said before, it’s gold, it is a storage of wealth, decentralised & away from central banks... that’s it’s whole selling point, away from a currency controlled by 1/2/3/10 people that fluctuates dependant on a countries political stability. there are other crypto’s far more suited to the dollars replacement but that’s a whole different subject, bitcoin,...
Central banks will not adopt bitcoins anytime soon. Currencies prevail. Bitcoins will crash. Not yet, but they will. Us dollar prevails. America will recover from these crisis and be stronger than ever. Europe will still need North America as much as they need Russia no matter what.
  • #1,171,877
  • Jun 6, 2020 11:39am Jun 6, 2020 11:39am
Quoting Thor3
Quoting Js3mwtRc
{quote} Yes it is from profit taking and NFP helped, also today expired the Monthly futures contract for June. Although it is holding above 1.1186 Daily support and doesn't give up yet.[/quot Actually. The Futures EUR contracts expire 15 June. The next quarter does not open until next week. Currencies are like the Dow, S&P, and Nasdaq only 4 contract periods a year. I trade Futures. I like to read your Blog to get others insight. The forex EUR/USD mirrors the EUR futures charts. I enjoy reading all of your post. You guys
...
I mean the Monthly contracts not the Quarters, and actually it is six expirations this Year in the calendar: 06/15/20, 07/13/20, 08/01/20, 09/14/20, 10/01/20, 12/14/20.

I look at the Monthly, Monday, Wednesday and Weekly expiries on CME. For the Month June the expiry ended this Friday and we are in the Julys now. This is in the Septembers contract which it counts from 20 June in the CME website, but I can also see the prices for all contracts, Month by Month.

How do you trade futures?
Looking for profitable short term trades ...|
  • #1,171,878
  • Jun 6, 2020 12:01pm Jun 6, 2020 12:01pm
on the only eurusd thread there is a trader who always only makes arrows afterwards after the price has been exceeded.
meanwhile comes the big bla.bla

lol
  • #1,171,879
  • Jun 6, 2020 12:10pm Jun 6, 2020 12:10pm
Quoting Techanalyst
{quote} Central banks will not adopt bitcoins anytime soon. Currencies prevail. Bitcoins will crash. Not yet, but they will. Us dollar prevails. America will recover from these crisis and be stronger than ever. Europe will still need North America as much as they need Russia no matter what.
Ah yes because there are no repocussions of printing an endless amount of something & still expecting it to hold value.

theres a valid reason, sand is worth less than diamonds.

Being American tho Tech I do appreciate you patriotic optimism.
Que Sera
  • #1,171,880
  • Jun 6, 2020 3:07pm Jun 6, 2020 3:07pm
To those who struggle trading please understand that you’re not alone. I’ve been there and still learning today, but don’t ever give up. Success isn’t coming overnight, wake up, work hard, stay dedicated and keep your head up. I promise you the journey will be worth it no matter how painful the nights will be I’ve been there and done that trust me. Here’s a video to watch, it is an excellent video ! as always I will see you guys for the next week of trading and have a great weekend !
Inserted Video
Master your mind. Master Trading.
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