Sociopath Community

As a surprise treat, I invite you to suffer alongside me.

Dogecoin does it again, but better than last time. It's already back at 5 cents as I'm writing this.

When did I sell Doge...

On the 8th at 1 cent. ( 2k profit ) I just let it go, but it would have been ideal to buy it back at $0.008 just the other day, or even 1 cent today.

That is 4,054,744 coins sold at 1 cent a piece. 

I couldn't be arsed to find out why it's pumping right now and there's no saying what the top will be since it's never been at these levels in it's history.

Had I sold it today instead. Well, you can do the math. ( Doge is half way to 6 cents now but I'm good at 5 cents )

My reason for not buying Doge now, is it's dangerous to buy the top. We want to already be holding the item before it blows up, otherwise we'll buy late missing the profits, and those who bought the bottom are the ones selling it at higher prices. 

Dogecoin is also overbought. The coin has a method of reproducing itself so it's not finite, it has no real utility and it's original purpose was to be a meme coin.

- It has a market cap of $5,556,972,683 at this point in time. 

- It's current circulating supply is 128,136,378,597 coins

It has a lot of hype for reaching $1, but in order for that to happen, it's marketcap will have to increase 20 times. Literally. 1 trillion dollar marketcap, which is the current marketcap of the entire crypto space combined.

Trading something like this, it's a real game of hot potato so the sooner it's off our hands the better.

And I stress, buying in late isn't recommended, even though it will mostly likely flourish in the short term. There is always a billion dollar firm holding a very significant amount and they will dump when the hype shows signs of dying down. ( Doge is about to hit 7 cents as I'm done writing about it.

right there with you tony.

predicted people were gonna flood on dogecoin once the brokers started restricting GME/AMC. bought 60k at 0.012. made a series of bad trades and lost minor amounts of money on it, got frustrated and sold all

woke up this morning to see it had 8x in price. missed out on thousands of $$ just cus i didn't hold

did some trading on the minute graph earlier to recoup and took $100 profit on dogecoin, then sold all i had cus shits too unpredictable. shit dude i am kicking myself

my entrance yday vs my exit today (not including many inbetween trades)

made 100$ overall, missed out on probs about $3k, more than my entire portfolio

shits heartbreaking cus i wanna make it so bad and wanna feel like im good at this but just gotta take the small victories

Sam Hyde has been sending out messages about crypto, which is unusual. I'll just copy and paste it.

funny money loaded up on AMC calls... i think this thing is gonna rip to like 40 or 50 but that is my casino hunch only. not financial advice.

unfunny money safely tucked away in BTC. im not a financial advisor but if i was writing a movie about a financial advisor id have the main character talk about he's loaded up on BTC and how he thinks its gonna rip and be like over 100k this year.

NOK might go sicko mode with 5G braincontrol shit but i wouldnt buy while its being pumped

if TSLA corrects ill be buying a foikload of LEAPS on TSLA. If FSD actually shows up thats yr 5 trillion mkt cap company that you can treat like a savings account right there sonny...

have. fun.

i'll be keeping my mouth shut on the money topic from here on out but i would point you in two directions depending on your desires and retardation... if you want to go casino mode id say theres nothing better than WallStreetBets, and if u wanna go goldie mode (my opinion is that this is safe though i know that sounds insane) i would say check dese nuts:

https://www.youtube.com/watch? v=UMK_A0mF8PQ

https://www.youtube.com/watch? v=Cg10yYZjK94

I know youre probably thinking "i have less than $300 and know literally nothing except how to mod steam games" but the transfer of wealth from boomers to millenials/gen-z'ers is happening right now all at once and will continue for probably like 3 years before the musical chairs game is over. i don't want to encourage gambling but it's time for people to start thinking about what is wealth, how to attain it and how to preserve it. a week of hardcore youtube khole binge 'research' would serve you well.. here are some starting points for searches that would behoove you in my humble (rich) opinion:

raoul pal (dont go in on altcoins though) and Real Vision

robert kiyosaki

ark invest (get the newsletter) and follow all their ppl on twitter

anthony pompliano (get the newsletter)

winklevoss twins

chamath palihapitiya

willy woo (get the newsletter)

arjun balaji

michael saylor

lyn alden

Dave Lee

Naval

wall street bets

Nathaniel Whittemore

https://www.swanbitcoin.com/ bitcoin-is-time/

DoubleLine Capital/@TruthGundlach

Kitco but i dont think metals is the play, could very well be wrong

Gregory Mannarino (heavily trust weighting this guy to determine when stock market party is over)

HyperChange

my suggestion is make a new twitter sockpuppet and only follow accounts that have to do with money/stocks/crypto/etc... i have one where i follow a buncha ppl in this space, none of them are political or meme accounts.. get on the WallStreetBets discord or telegram

i know youre either butthurt and dejected over trump shit or ecstatic over AOC shit or whatever but im telling you for the next three years pretend like none of that matters. ive also talked to people who are like "check out the subaru i just bought, paid off all my debt".... guys. i have a gang o cars. i get to use none of these things. they bring me zero enjoyment. i wish i could travel back in time to when i was buying the H2 and piss in my own mouth at the dealership for being such a fucked up fag. fuck your subaru.

LINK is still in play. i dont put money in there that i cant lose but LINK and ETH are still in play. DeFi is where you can make 100x but only if you can play five poker games at once. You can also make 0x and get bufu'd instantly. I can't hang with these brainiacs so i dont fuck with defi.

fuck your college debt and paying it off. I have 200k in debt. if you think i have any intention of paying that off, EVER, you are on clown street in a dunce cap wearing the mayor of clowntown badge of honor. Debt collectors call me i tell them id piss in their mouth if i could. the US dollar is worth less and less every day. that big pride festival badge you got from paying down your debt is worth zero dollars. I'm going kinda crazy right now with the writing but this will be the last thing i say for a while, you *need* (this is not financial advice this isjust a standup comedy routine im working on so bear with me, this is for entertainment purposes only please seek immediate advice from multiple doctors and lawyers) you *need* to get out of the US dollar with a quickness.... end goal for me is stacking BTC and in the meantime im giving my dice hand a shot at the wall street casino. Currently down 40k on $AMC, ymmv

my main point: theyre printing USD like crazy. this has lead to and will continue to lead to extreme stock market euphoria and insane gains in many cases. it will eventually lead to (in my opinion) a flight into BTC which will become a black hole of money and be worth a megafuckload in ten years. People who do the typical shit-- pay off debt, go to college, buy a house for personal use, pay off their car, save money in the bank account, will be Punished. In three years you go ahead and worry about whatever political thing again, worry about whatever stupid fucking thing you want, in 2023 go play steam games until your cock falls off, great idea, but in the meantime it is time to get 2 hours less sleep per night and start voraciously equipping yourself with the knowledge you need not to get bufu'd in the currency crisis that is headed YOUR WAY

remember to factor in capital gains taxes. i owe infinity dollars of taxes and am using a IRS deferred payment plan to pay 600 a month (cant believe this is legal)... any large chunk i get of USD immediately goes into BTC or stocks and i get routinely overdrawn at bank and dont care.

and remember. *This isn't about money.*  It's about every american's RIGHT to go to the MOVIES, to enjoy a big tub of popcorn, and experience cinema, the american dream $AMC

Dogecoin update. And possible strategy.

The buyers who got this above 5 cents is getting rekt, they must not panic sell at at a loss, lest they will crash Doge.

This is just the hour chart too, there are more bounces in there, but for simplicity this is an hour chart.

Descending triangles are a sign of a break to the upside as the graph wedges itself in.

Support is in effect and with that in mind we can expect Dogecoin to touch down on the $0.036, but that is also where the support can fail considering it already tested the support 5 times. This doesn't mean it will hit the support when the price dips, but when it does it'll most likely go up in the grand scheme of things.

Dogecoin is also trending quite a bit right now. It has support from the TicTok community and Elon Musk has been pointing at it in Twitter.

I measured that bounce which is a mind numbing 88.98% gain.

15 minute chart.

The smaller charts obviously have more data The yellow line was added as support, and I did have to move the descending triangle forward a bit as the price broke above the previous example I posted. The principal remains the same, falling wedge = breakout.

The 15 minute shows an additional 55.81% opportunity to have bought and sold. 

When trading a crashing market we have to take profit and not worry how high it can go. Not much selling pressure on Dogecoin.

I might put a little 5k into Doge in a few hours from now. China will be waking up soon and that could possibly trigger a nice 40% pump. If it goes according to plan, I'll monitor it closely, let it go up 40%, then base my decision to sell on the RSI indicator.

And there it is

- RSI is bottomed out

- MACD is low

- Bounced at support level

This is the kind of climate to buy, make some sweet gains then sell.

There's 1 more factor to consider and that's Bitcoin. It's fallen a bit as is most of the space at this moment, for that  reason I will abort my plan to go short on Doge for now.

Spatial Mind said: 

 

What I was saying last time.

 

My expected target of $7.70 was reached and she's coming down now. The reason I expected it to turn around at that level is because it's common for highs to retest resistance lines. That being the purple line. When we break above the resistance line, it more often than not becomes the support line.

 

Here's the image I posted in chat the other day.

And here is what it looks like now.

Another thing I could have done was measure the big dip with the Fibonacci arc tool.

Notice I never had to overlay the arc with the fib ring, I only had to draw it along the top and bottom of the big dip. 

 

The lines with digits on it is a fibonacci retracement tool and it's widely used by professional traders. 10 out of 10 times when I use this tool I'm impressed with how it works. When measuring uptrends, you start from the low and draw it to the high and vice versa when measuring a downtrending graph.

The levels do matter and in any case where it happens the most ideal buy "in an overall uptrending graph" would be when it dips down to that red line ( 0.236 ) though it never happened this time.

What we do see though is a that big dip from the other day, it dropped down to the 0.618 at $3.15 before skyrocketing to $7.70 the first time.

It shot past the 1.618 ( Golden number ) on the retracement tool before reaching the 1.618 on the ring. Because of that, I will record the scenero and add it to my data base for the next time I see this happen.

The volatility on this is a lot rougher than usual compared to the rings on other charts I've done. It's swinging up and down, and up and down the 1.618, as it works it's way down that ring. As for the 2.618 line, meh. Sloppy but effective enough. I can see those 3 dips headed toward an uptrend, which would most likely make a very long accending triangle which would indicate a dip for off in the distance. I may entertain that massive triangle later, it could be awhile before it shows face.

How far down the circle will the candles go ? I'm suspecting it to bounce off the 2.168. the next ring is pretty far out there and I honestly couldn't tell you where it'll land. I wouldn't mind if it shot past the next ring and landed on the ring after that one. We'll see.

Because the triangle ( I did not draw because there isn't enough data to see it's top ) is so massive it could be quite a while before that really big dip happens. I think it will be higher than $14.

Trading these lovely dips takes about a day. Sell on the 16th, buy on the 17th, sell on the 18th, and now it's the 19th and I'm preparing to buy the latest dip.

In the event you try this coin, do not buy the top the resistance will be tested for a 4th time and everytime that happens it's more prone to breaking the resistance.

Paper trade, and learn as much as you can about technical analysis.

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If you never followed my fine example before, it's too late.

Spatial Mind said: 

As a surprise treat, I invite you to suffer alongside me.

Dogecoin does it again, but better than last time. It's already back at 5 cents as I'm writing this.

When did I sell Doge...

 

 

 ^ First major spike

The saga continues.

If you missed it, cause it's very hard to read. It is 4,054,744 Doge. Sold at 1 cents for $40,547.

Spectacular Doge. 8 cents is Dogecoin's resistance. It retested it about twice now and bounced back. It may break that level but damn. no way will it ever reach 1 dollar. It could do better but the risks are high.

I would have loved to have sold it at 8x but hey, life is funny.

Resistance at 8 cents. If it breaks above, it's still risky, for sure do not buy this as it is.