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  • #1,188,501
  • Dec 9, 2020 12:13pm Dec 9, 2020 12:13pm
Quoting mistaouting
{quote} and majority of those 90% retail traders probably think they are loosing because someone or something is out to get them and their stop losses and not their lack of ability to trade.
It's a combination of both.
Learn from your mistakes and march on.
  • #1,188,502
  • Dec 9, 2020 12:15pm Dec 9, 2020 12:15pm
Now you mentioned about stops, there is a low on four hours chart that needs to be taken.

I don't think that there are much traders that can manipulate price, but I watch how the overall retail sentiment agree, or better disagree with my analysis. Who will let them!

I don't like fake news and interventions from big institutions, but they are in this job good or, bad and I have to watch out.
Looking for profitable short term trades ...|
  • #1,188,503
  • Dec 9, 2020 12:17pm Dec 9, 2020 12:17pm
Quoting here2there
{quote} I have no doubt this will happen (with certain crypto currencies). The good news is it is still early. In a few years, a think a lot of people will be sorely disappointed that they missed the boat. Having said that, regulatory clarity is coming soon.
If that will happen, those cryptocurrencies will be run by central banks. Commercial cryptocurrencies (beside btc and maybe eth) will die eventually because there's zero underlying value to them. But I honestly doubt it will happen in the next at least 10 years. Massive adoption would be necessary and not adoption like having a btc-gate which immediately converts the incoming btc payments into fiat like it is now.

It will happen when government starts accepting crypto and you will be able to pay your taxes.
  • #1,188,504
  • Dec 9, 2020 12:20pm Dec 9, 2020 12:20pm
Quoting mades
{quote} If that will happen, those cryptocurrencies will be run by central banks. Commercial cryptocurrencies (beside btc and maybe eth) will die eventually because there's zero underlying value to them. But I honestly doubt it will happen in the next at least 10 years. Massive adoption would be necessary and not adoption like having a btc-gate which immediately converts the incoming btc payments into fiat like it is now. It will happen when government starts accepting crypto and you will be able to pay your taxes.


and those ones who didn't think of that may feel kinda sad if they not smart enough to see that coming
LOCK IN RE-ENTER
  • #1,188,505
  • Dec 9, 2020 12:32pm Dec 9, 2020 12:32pm
Quoting mades
{quote} If that will happen, those cryptocurrencies will be run by central banks. Commercial cryptocurrencies (beside btc and maybe eth) will die eventually because there's zero underlying value to them. But I honestly doubt it will happen in the next at least 10 years. Massive adoption would be necessary and not adoption like having a btc-gate which immediately converts the incoming btc payments into fiat like it is now. It will happen when government starts accepting crypto and you will be able to pay your taxes.
I can tell you have little experience and knowledge about crypto. But yes, crypto will be controlled. But it won't make it any less valuable. As for BTC and ETH dying off, that is highly unlikely, and one of the reasons why I say you don't know what you are talking about. But your words will make sense to people who are as clueless as you are on this subject.
Learn from your mistakes and march on.
  • #1,188,506
  • Dec 9, 2020 12:34pm Dec 9, 2020 12:34pm
Quoting here2there
{quote} I can tell you have little experience and knowledge about crypto. But yes, crypto will be controlled. But it won't make it any less valuable. As for BTC and ETH dying off, that is highly unlikely, and one of the reasons why I say you don't know what you are talking about. But your words will make sense to people who are as clueless as you are on this subject.
I said BESIDE btc and maybe eth which I meant as "apart from". I believe bitcoin will survive.

I worked in crypto-sphere for multiple companies between 2017 and 2019, I know exactly what I'm talking about. I will ignore your insults because of obvious misunderstanding here.

The apparent problem of many crypto believers is they see the power of crypto in the underlying spot price of bitcoin, but that price can be easily manipulated. Take order book for bitfinex for example: 1000 bitcoin will be enough to drop the price to 15k there. 1000 btc wouldn't move eur/usd by a single pip (need 20-30M during the eu/us overlap window).

The distribution of bitcoin must improve (and is also continually improving but will still take many years).
  • #1,188,507
  • Dec 9, 2020 12:37pm Dec 9, 2020 12:37pm
Quoting mades
{quote} I said BESIDE btc and maybe eth which means that I don't include those. Maybe learn a bit english. I worked in crypto-sphere between 2017 and 2019, I know exactly what I'm talking about.
My mistake. Have you ever made one?

By the way, it's English, not english.
Learn from your mistakes and march on.
  • #1,188,508
  • Dec 9, 2020 12:42pm Dec 9, 2020 12:42pm
Quoting here2there
{quote} My mistake. Have you ever made one? By the way, it's English, not english.
Sure I edited the post later to clarify it better and we all make mistakes, traders especially. Some every day.
  • #1,188,509
  • Dec 9, 2020 12:45pm Dec 9, 2020 12:45pm
Quoting mades
{quote} I said BESIDE btc and maybe eth which I meant as "apart from". I believe bitcoin will survive. I worked in crypto-sphere for multiple companies between 2017 and 2019, I know exactly what I'm talking about. I will ignore your insults because of obvious misunderstanding here. The apparent problem of many crypto believers is they see the power of crypto in the underlying spot price of bitcoin, but that price can be easily manipulated. Take order book for bitfinex for example: 1000 bitcoin will be enough to drop the price to 15k there. 1000...
It's not likely Bitcoin will ever be useful for every-day transactions. It's too slow and expensive. That's why it is now considered a store of value. It's more likely coins such as XRP, XLM, and perhaps some others will serve the purpose Bitcoin was supposedly meant to have. But no doubt about it, crypto will be controlled.
Learn from your mistakes and march on.
  • #1,188,510
  • Dec 9, 2020 2:29pm Dec 9, 2020 2:29pm
Got ending diagonal formed up just hit point D going down to point E ?
Founder of Sutherland Wave Principle
  • #1,188,511
  • Dec 9, 2020 3:13pm Dec 9, 2020 3:13pm
Quoting BlueGas
1.4000 why? i feel its lucky number see, trading is easy

Euro was at 1.4000 ?

Time flies

Ten year ago...

You still trading I see
Beware of robber banks (RB), bad advisors.
  • #1,188,512
  • Dec 9, 2020 3:19pm Dec 9, 2020 3:19pm
Stop loss and buy stops hit but I closed and sold again. Give it 1 more shot.
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Founder of Sutherland Wave Principle
  • #1,188,513
  • Dec 9, 2020 3:21pm Dec 9, 2020 3:21pm
Quoting mades
{quote} If that will happen, those cryptocurrencies will be run by central banks.

Commercial cryptocurrencies (...

government starts accepting crypto and you will be able to pay your taxes.

Nice Post....

Didn't expect to see so much wisdom in such a funny thread



BTC and dozens other will survive .. Different audiences.

As to government acceptance - many countries and US states take bitcoin , and many tax it, and many don't tax if u hold 2 years.

Bitcoin is here, now. 



As to your first point "central Bank crypto" that's just electronic trash.


Please post in real Crypto forum, not here in Euro mess.



https://www.cryptocraft.com/thread/6...coin-ltc-ether
Beware of robber banks (RB), bad advisors.
  • #1,188,514
  • Dec 9, 2020 3:25pm Dec 9, 2020 3:25pm
Quoting Not-KPMG
{quote} Euro was at 1.4000 ? Time flies Ten year ago... You still trading I see
Actually it was at 1.6 when i started trading.
  • #1,188,515
  • Dec 9, 2020 3:28pm Dec 9, 2020 3:28pm
Quoting here2there
{quote} The Forex market is drying up. I believe a time will come when it will be taken over by the crypto market.
That is correct.

Surprised you know this


Anyway..

The fact is crypto is growing, . .. With Crypto you can be your bank, no need for dirty scum banksters to sell you ге€$.

Use crypto - more and more people realize this...


My poster.


Relax

Sue me
Attached Image
Beware of robber banks (RB), bad advisors.
  • #1,188,516
  • Dec 9, 2020 3:29pm Dec 9, 2020 3:29pm
Quoting BlueGas
{quote} Actually it was at 1.6 when i started trading.



When I first bought/sold currency.... No forex no computers..... POUND WAS like 2.5 or 3 dollars


Walking around with a wad of cash ... Scary.
Beware of robber banks (RB), bad advisors.
  • #1,188,517
  • Dec 9, 2020 4:59pm Dec 9, 2020 4:59pm
Quoting Not-KPMG
...That is correct. Surprised you know this
Why are you surprised?

I've been in crypto since 2017.
Learn from your mistakes and march on.
  • #1,188,518
  • Dec 9, 2020 8:35pm Dec 9, 2020 8:35pm
stopped again trying to sell.
Buy order on. Guestimating next sell around 1.2120
Founder of Sutherland Wave Principle
  • #1,188,519
  • Dec 9, 2020 9:06pm Dec 9, 2020 9:06pm
Quoting Not-KPMG
{quote} When I first bought/sold currency.... No forex no computers..... POUND WAS like 2.5 or 3 dollars Walking around with a wad of cash ... Scary.
Legend
Fundamental provide Volume, Technical shows Direction
  • #1,188,520
  • Dec 9, 2020 11:05pm Dec 9, 2020 11:05pm
Look like 2110-2134 to trap bears
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grumpy1992