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MISC Crypto Crew (MCC) Vol XI: The sun is rising, proceed with caution.
09-18-2018, 09:12 PM
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#8581
Originally Posted By johnnyboi123⏩
This thread is 5 months old tomorrowremember when this thread used to get hundreds of replies in a few hours.
crypto is dead. Long live crypto.
crypto is dead. Long live crypto.
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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09-18-2018, 09:20 PM
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#8582
- propreffered7
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just heard some song about crypto..
wasn't like that niche rap either. was on a mainstream radio station
honestly forgot who sang it
wasn't a song all about crypto though, it was a little part about buying cryptos and paying for college
wasn't like that niche rap either. was on a mainstream radio station
honestly forgot who sang it
wasn't a song all about crypto though, it was a little part about buying cryptos and paying for college
09-18-2018, 09:29 PM
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#8583
- Parkerscott
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Originally Posted By mrc19888⏩
Ah yes, sit at the computer all day, make a few scalps here and there. Worked out well circa 2016 for the people who had the same line of thinking. Probably joined the rope neck guild with bitcoin pizza guy.I've legitimately never had an easier time making money in crypto. The crazy price swings before got me so caught up in FOMOing into steep green candlesticks. And selling after a 5% loss in a day only to see it reach a baseline the next day and to buy even higher. It's literally a fuking joke how easy it is to make a few steady bucks here and there. And I mean like taco, milk, or beer money. I always wondered why I would chase trends when that's what 99% of investors do. It's quite simple really. When There's an absolute nosedive going on... sit on your hands. At the first sign of re strengthening try to scalp a half a percent and gtfo. Miss a 10% day and only got 1% who the fuk cares. You'll never catch one of those beautiful green dildos EVER but you'll never catch one of those entire red ones either. It's far easier in this market to catch a big red one that it is a green one. Makes sense to take what little you can and wait on it.
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09-18-2018, 10:12 PM
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#8584
- mrc19888
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Originally Posted By Parkerscott⏩
I'm not saying it works for everyone. I consider myself an overly emotional investor. That's not good for huge daily swings. But for trying to scalp 20$ I can lose an Andrew Jackson and go about my day. It would be like going to my local casino and playing one hand of blackjack then heading to the game downtown. Ha. Much more fun to gain or lose 20$ than what I went through first 6 months of the year.Ah yes, sit at the computer all day, make a few scalps here and there. Worked out well circa 2016 for the people who had the same line of thinking. Probably joined the rope neck guild with bitcoin pizza guy.
I woke up this morning still breathing. Might as well take advantage of it.
Working every day to be just a little stronger, healthier, or smarter than yesterday.
09-18-2018, 11:12 PM
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#8585
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Originally Posted By mrc19888⏩
If its $20 its just play money. Trying to scalp with hundreds or thousands is probably not a good idea for most people.I'm not saying it works for everyone. I consider myself an overly emotional investor. That's not good for huge daily swings. But for trying to scalp 20$ I can lose an Andrew Jackson and go about my day. It would be like going to my local casino and playing one hand of blackjack then heading to the game downtown. Ha. Much more fun to gain or lose 20$ than what I went through first 6 months of the year.
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09-19-2018, 12:42 AM
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#8586
- sakmsb
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Originally Posted By Deezenutz⏩
Tmrl, can't tell if feelsgoodorbadman
Brahs that are saying btc dropping below 6k, are you sure? On the one year chart there seems to be pretty strong support around this area
Brahs that are saying btc dropping below 6k, are you sure? On the one year chart there seems to be pretty strong support around this area

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09-19-2018, 05:19 AM
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#8587
09-19-2018, 06:22 AM
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#8588
- HeBrewHammah
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Mt. Gox coming in for the killshot. 160,000 BTC set to be returned to owners, that I bet are going to want to cash out at least some of their money.
*US Navy Vet*
09-19-2018, 07:19 AM
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#8589
- Trapstar4.4
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Originally Posted By HeBrewHammah⏩
oh man....Mt. Gox coming in for the killshot. 160,000 BTC set to be returned to owners, that I bet are going to want to cash out at least some of their money.
then you have poeple who would like to stay in but realize that others will cash out due to fear of a mass selloff.
if youre getting btc returned, i think it's mandatory to move in cash...unfortunately.
then buy back in after the drop
Originally Posted By mrc19888⏩
yeah this stuff is all about realizing what your traits are. this is the reason why i have decided not to go into the trading side. I'm bright enough to come up with a sound strategy, but not disciplined enough to stick to it. there is this one youtuber that annoys the crap out of me because he urges people to get into trading and how they can make so much money. but he doesnt mention the downside of not being disciplined.I'm not saying it works for everyone. I consider myself an overly emotional investor. That's not good for huge daily swings. But for trying to scalp 20$ I can lose an Andrew Jackson and go about my day. It would be like going to my local casino and playing one hand of blackjack then heading to the game downtown. Ha. Much more fun to gain or lose 20$ than what I went through first 6 months of the year.
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09-19-2018, 07:49 AM
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#8590
- gixxer0.6g
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Originally Posted By HeBrewHammah⏩
It's all lining up to produce the perfect storm to blast through the 5800 Juggernaut resistance.Mt. Gox coming in for the killshot. 160,000 BTC set to be returned to owners, that I bet are going to want to cash out at least some of their money.
So......we are prob going up $1,500 in the span of a few hours.
Toxic Masculinity
09-19-2018, 08:10 AM
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#8591
- Love-Feet
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Originally Posted By HeBrewHammah⏩
Or alt season 2.0Mt. Gox coming in for the killshot. 160,000 BTC set to be returned to owners, that I bet are going to want to cash out at least some of their money.
Winners find solutions, Losers find something to blame
09-19-2018, 08:47 AM
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#8592
- jamalfudge
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https://www.ccn.com/20-of-coinbase-t...change-itself/
Cliffs:
-20% of trades on Coinbase are done by CB themselves
I know we throw around the term manipulation as a generic term but part of me thinks this is a reason why we're seeing BTC hover in the same channel for so long. So until we have several whales enter in at once we will continue to have similar volatility with low volume. Also begs the question, if everyone took all their crypto off exchanges at once, would exchanges actually be able to fulfill the transactions?
Cliffs:
-20% of trades on Coinbase are done by CB themselves
I know we throw around the term manipulation as a generic term but part of me thinks this is a reason why we're seeing BTC hover in the same channel for so long. So until we have several whales enter in at once we will continue to have similar volatility with low volume. Also begs the question, if everyone took all their crypto off exchanges at once, would exchanges actually be able to fulfill the transactions?
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09-19-2018, 11:31 AM
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#8593
09-19-2018, 12:27 PM
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#8594
- HeBrewHammah
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People on tradingview are finally realizing the potential script for ETH has already been written a few times over. Took long enough.
*US Navy Vet*
09-19-2018, 01:08 PM
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#8595
- gixxer0.6g
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6150 has got to hold or RIP BTC. And these bounces at support have gotten more and more pathetic. If it doesn't hold we are fukd because there is no volume nodes all the way down into the 4s. But since I'm a half glass full kind of guy, you can now buy an OMG for less than $3.
I'm all in at 6150. You have to play this support. Strongest support we've had since Dec of 2017. Setting a very loose stop at 5800 because I'll bet we're really going to start to move.
edit - nice.jpg biggest green dilly we've seen in weeks.
I'm all in at 6150. You have to play this support. Strongest support we've had since Dec of 2017. Setting a very loose stop at 5800 because I'll bet we're really going to start to move.
edit - nice.jpg biggest green dilly we've seen in weeks.
Toxic Masculinity
09-19-2018, 01:24 PM
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#8596
09-19-2018, 01:26 PM
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#8597
Originally Posted By gixxer0.6g⏩
Nicely done bro. Look at that daily candle holy crap!! This is the longest wicks we've had in a long time!!6150 has got to hold or RIP BTC. And these bounces at support have gotten more and more pathetic. If it doesn't hold we are fukd because there is no volume nodes all the way down into the 4s. But since I'm a half glass full kind of guy, you can now buy an OMG for less than $3.
I'm all in at 6150. You have to play this support. Strongest support we've had since Dec of 2017. Setting a very loose stop at 5800 because I'll bet we're really going to start to move.
edit - nice.jpg biggest green dilly we've seen in weeks.
I'm all in at 6150. You have to play this support. Strongest support we've had since Dec of 2017. Setting a very loose stop at 5800 because I'll bet we're really going to start to move.
edit - nice.jpg biggest green dilly we've seen in weeks.
09-19-2018, 01:33 PM
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#8598
- HeBrewHammah
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Did some newbs just get their shorts rekt?!?! ROFL
Draw em in, BOOM!!!! hahahahhahahaha
Draw em in, BOOM!!!! hahahahhahahaha
*US Navy Vet*
09-19-2018, 01:33 PM
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#8599
- gixxer0.6g
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Originally Posted By BDSMBBW⏩
Holy sheet. Went to the crapper and pulled out my phone. Look at the monster green dilly.Nicely done bro. Look at that daily candle holy crap!! This is the longest wicks we've had in a long time!!
motherfuknyeah.jpg
Originally Posted By HeBrewHammah⏩
Just checked the shorts to see the carnage. Still crazy high. In fact, just had a big jump in them. Can't blame them, wish I got a short in at 6500.Did some newbs just get their shorts rekt?!?! ROFL
Draw em in, BOOM!!!! hahahahhahahaha
Draw em in, BOOM!!!! hahahahhahahaha
Toxic Masculinity
09-19-2018, 01:44 PM
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#8600
- HeBrewHammah
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Originally Posted By gixxer0.6g⏩
Yeah, only took about a thousand or so off. I'm sure if price drops again, they'll come back up.Just checked the shorts to see the carnage. Still crazy high. In fact, just had a big jump in them. Can't blame them, wish I got a short in at 6500.
*US Navy Vet*
09-19-2018, 02:08 PM
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#8601
09-19-2018, 02:30 PM
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#8602
- Ares232
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- Ares232
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Originally Posted By HeBrewHammah⏩
Could you perhaps elaborate further on this? Or links so I can go read lmaoPeople on tradingview are finally realizing the potential script for ETH has already been written a few times over. Took long enough.
09-19-2018, 02:32 PM
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#8603
- gixxer0.6g
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I don't know what to do here. Should have sold at 6500 but it happened so quick. Technically above 6400 S/R but 6,500 has been kicking BTC's ass.
hmmm,
I'm hodling. Stop at 6372. Come at me bears.
edit - and out again. Nailed me at the bottom of that wick. Damn you bear kunts.
hmmm,
I'm hodling. Stop at 6372. Come at me bears.
edit - and out again. Nailed me at the bottom of that wick. Damn you bear kunts.
Toxic Masculinity
09-19-2018, 02:43 PM
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#8604
09-19-2018, 04:42 PM
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#8605
09-19-2018, 04:44 PM
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#8606
09-19-2018, 05:19 PM
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#8607
- jamalfudge
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Originally Posted By Omnivium⏩
Pro traders hired by banks and exchanges are swing trading/accumulating as much as possible. In short, BTC has to stay above 6k to be profitable to mine. So there is some element to the stability argument.What's the point of whales keeping the price between 6k - 7k? Trying to make it look stable for etf approval?
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09-19-2018, 05:38 PM
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#8608
Originally Posted By HeBrewHammah⏩
What a fukkin chitshowMt. Gox coming in for the killshot. 160,000 BTC set to be returned to owners, that I bet are going to want to cash out at least some of their money.
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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09-19-2018, 05:48 PM
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#8609
- mrc19888
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- mrc19888
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Only problem I have with this is the market will be stagnant all night when I'd normally be making 5-10 trades in the couple hours after work. But I did sell eth last night at 208. Thought about buying back lower but those red dillies were looking mean as fuk when I checked my phone at like 2 lol
I woke up this morning still breathing. Might as well take advantage of it.
Working every day to be just a little stronger, healthier, or smarter than yesterday.
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