62.13% ROI on DCAR and the day has just begun.
NBY starter at 1.02.
edit. sold NBY for 12.4% ROI
last edit on
5/6/2020 2:12:06 PM
feel free to clown me if btc breaks 10k
Pray to allah that shit does not hold 9500 support.
Today was a slow day for me, didn't buy or sell anything. Watched a ton of gainers all day and each time a good buy signal was triggered I decided to just sit and watch patterns. I missed ZOM, TTPH, IO, WTRH, and TPRX specifically. If I would had pulled the trigger on these at their buy signals I probably would have come out with roughly $2k in profits for the day. Didn't make any money but I didn't lose any either.
Bullish on USO long term, looking into other oil ETF's as well.
I've come all this way just to see this thread.
The Bitcoin halving is just 3-4 days away. ( The actual event is based on an estimate on when a certain block will be mined causing the difficulty to increase by 50% making the coin more rare as it moves closer to being finite. )
Billionaire Paul Tudor Jones with an estimated net worth of 5.1 billion has been reported to be buying Bitcoin as a hedge against the inflating dollar. This has been broadcasted across various business news outlets including Bloomberg, Forbes, and CNBC.
The tricky thing about this, is I personally think we're going to see overbought BTC as we are now ($9,931 as I'm writing this ).
On the day of the halving it will take yet another 2 months average for the big bull run to start.
with the halving a lot of Miners will be forced to shut down for awhile, this may also have them flooding the market with Bitcoin which can possibly drive the price down. Paul Jones isn't the only billionaire going hard into the crypto space and they are ALL talking about the coming halving which is believed to take Bitcoin well over $100,000 in 2021, just as the last halving in 2016 took Bitcoin from $400 to $19,500 in 2017.
BTC now $9,977
The above is a 1 day chart showing over 880 days.
- The top yellow line shows Bitcoin's top boundaries in the price action, today we're seeing it break that after a sharp buy signal after the last bottom.
- The top and bottom yellow lines ( not showing the whole thing ) reveals it's falling wedge which is a sign of a break to the upside when the highs and lows reach the end of the triangle.
- Blue lines with pricing are the supports BTC has to break in order to keep rising. Those are also decent times to sell and buy back at lower prices. $10,480 is a good time to sell. On that note
( $10,000 BTC now )
I do expect there to be a big correction within the next 2 months before this market really explodes. In a time when not only the US, but the entire world is printing money, AND the next halving, with whales buying in. The FOMO is strong.
Do I think the whales will sell their BTC ? Of course. They set bull traps all the time, so with that in mind it's better to sell before the technical analysis indicators and let it crash again. There's also something that makes this uncertain too, and there is a lot of money coming in with the halving.
A lot of miners WILL have to sell their Bitcoin and also shut down their operations as ASIC miners go obsolete. When the BTC price doubles then mining 0.1 BTC a month per S9 will be worth the operating cost in most places. ( China has dirt cheap electricity ) The miners will also buy it back at lower prices, and so will the whales.
Coin's I'm bullish on are....
Bitcoin
Ethereum
Tron TRX
Chainlink
Tezos ( a little bit )
Digibyte
Hex
Hive
I've been trading more coins in and out of Tether. Chainlink I wrote about before, and it can quite possibly be the greatest coin I've listed based on how that project rolls and who they partner with (Google).
BTC $9,970 Now.
Some of the coming horrors in this world will be a transfer of wealth.
One more thing about this falling wedge. That's the inevitable without interference. And there is interference, which are the whales trading in the space, Mike Novogratz, Tim Draper, Paul Jones and the halving itself.
Microsoft is also releasing their "Proof of Work" cryptocurrency which will use come type of biological system to mine the coin from the human body (maybe through a smart watch), so in the near future it will be a good time to get off your asses and get fit and get paid for it. Things like that will most likely become coupled with Bitcoin like everything else below it. People have no idea what the blockchain is going to bring, it's still in the early adoption stages and the early adopters will get very rich off of it as it expands itself into an increasingly automated world.