Dodo

Lets take it step by step, Gold marketcap first, then we see.

Bro any day. Any fkinh day!! I just know from the charts that crypto will most likely outperform stocks, so what am i doing, shooting my own foot? No thank you!

Absolutely and is what I'm doing and I stand by my decisions, I prefer crypto to stocks. Sue me (dont)

Hehe, but furbies are not decentralised 🤔

As guys that "dabble" in the spiritual, i am surprised you take the boomer stance of "if you cant see it it aint there". Tangible? I thought even brain doesnt exist, but gold does? Crypto is like 13 years old. Gold has been valuable for 5000 years? Well crypto and blockchain has been valuable for 13 years. Building dapps, exchanging money quickly and cheaply cross borders, servicing a specific task, crypto is at work as we speak and some predict by 2030 we will have the internet of things and blockchain will play a key role there. Imagine Gold was 13 year old discovery. There is not the 5000 year argument, yet i would argue if it was only 13 yr old it is infinitely a better investment - less people know about it, its not fully understood yet, you have the chance to get in early. The boomers will be advising you to stick to rocks, because those have stood the test of time and you dont know if this new Gold discovery is even worth it, maybe it melts

Thats the same for anything. What is gold worth? Its worth what the price is. If we find a planet full of gold, its price will plummet, yet its the same thing. So in reality gold's price is highly subjective and dependent on supply and demand. Its the SAME with crypto and anything else. I can tell you what any crypto is actually worth- its worth the current market price. And when that changes, the new price is what its worth. Its the same with tesla stock, its the same with gold, same with silver, same with anything. And no, Leo, you cant say anything other than what you're doing is daytrading. That's incredibly close minded to say. Daytrading means you trade day by day and take profits/losses every day. I am taking a trade that I am looking to hold for 2 years. That's no daytrade, come on! Which daytrader opens a trade in 2023 and closes (half of it) in 2025?

Are you talking to me? I invest more time in writing on this forum than in the trade. The trade goes on in the background no matter what I do now. I can play games all day or go to work, which I am doing. No time wasted.

Investing is gambling too. 5-10 years from now the potential quantum computer could crack the encryption and crypto could go to 0. If my method gets me some profit in the bag, I dont see a problem. Crossing the street is gambling - your reward is getting to the other side, your risk a car can run you over. But with the right strategy you will cross the road successfully. If you dont know the risks and go to cross the street blindly, you would be in trouble. Yes what im doing can better be categorised as swing trading, not investing. Both swing trading and investing are gambling, however. I can bet that your bitcoin position, allegedly you have one, is a bigger gamble than my ada position, because you have a bigger capital to play with. I am here to make it to where you are. You are already there, you dont need to take the opportunities I need to take. Basically, you have something to lose, I dont. I am already a bottom feeder. Right now I have open a risk free trade with potential of insane rewards. I have passed the gamble zone, my position is now the casino. From now on I can only win money, or lose profit, not my own money - if this is gambling sign me up. Up to now my position has grown 1700٪ in 3 months thanks to correct analysis, and if something crazy happens, i exit my position at 0 percent / break even, or if i wish i can even set to exit in profit. I dont see the gamble in that. I have a job and dont rely on this position for my survival, I can let it run. I planted a seed,and now im going to let it grow and when it gives fruit i will harvest them before they go bad. That's what im doing. All im risking is losing the tiny seed i entered, while what I stand to win is a massive apple tree that will keep on giving, if I have the patience and water it well.

I agree, thats what I said as well to josemar because he quit his IT job to trade crypto full time, i am not doing that so I dont fall in that category. As for 5-10 years, sure, but I have a sell target for September 2025 based on analysis of chart and halving dates. I am looking to sell half my bag there in case its the new top, so I can buy more at the later bottom. Everyone has a strategy and its different. If Jose has found some good way to consistently make money, more power to him, but I dont trade like that, I just project the big swing moves and play. I will never sell my entire holdings even if i believe its the top, but I will definitely sell some. Here is the projection, just market cycles

Thats why there are other timeframes, sir. Its all about what your goals are. Some pros say overtrading is a mistake. There are some professionals who actually do 1 trade per year and they are more profitable than the overtraders. Ive seen magic blue line in action even on the 1 second chart, so maybe can be tried to get a quick profit trade from 1 second chart using it. And then you will have a lot of tiny trades, but i am not here for that, our styles are way different.

@josemar to showcase how I use the line, here's Cardano daily chart. I started buying there at the bottom (10x position) that was my starting entry because there was an inverse head and shoulders there and clearly it told me its time for the low risk trade. As we started going up, binance gives you more and more allowance to borrow as you get in profit. Without adding any more of my own money I kept buying and buying on the big circled area, because I knew where the magic blue line is and I knew I am playing for a magic blue line breakout. So from my original position, by the end of all the adding on I have 3 times more units than I started with, my average is a bit higher, but because of the magic blue line, I am safe! My buy time is over now, now I am in reward mode, I risked when it was time, while we were below the magic blue line. Big win for now, absolutely lifechanging win thanks to this. But lets also talk about the weekly, because on weekly I dont even have enough candles to see the magic blue line for Cardano, but we are still below the Magic Yellow line (which is the 144ma 89 offset) and this weekly candle is eerily close to that, so thats my next area where I will expect a huge breakout. Its almost touching it now : Also here's from earlier in the thread as this had still not happened:

I give you that, I have never used 21 ema or any other higher timeframe ma or ema on lower timeframe and they seem to be pretty sweet. Looks pretty magic too, so nice find, lets be fair. But I did mention I have other magic lines too, this is only one of the magic lines and it is my main just because I have used it the most and I know how price behaves on impact. I can tell you the timeframe where the magic blue line is better than the daily 21 ema - the daily timeframe. PS: I do not use the magic blue line to add on to positions, I use it to get low risk high reward trades, its best quality is the huge breakouts it provides, its main quality is not to be support, but its best when we are below it and getting ready for a breakout. Thats where the big money are made, im not here to buy on every single bottom, im here to buy on one bottom and ride d faka to infinity

Basically the 21 ema daily gives you information of average price for last 21 days, while the magic blue line on 1 minute gives you average for past 377 minutes and is shifted 233 candles into the future. Ofcourse you get much less data, if you want more data you go to higher timeframe. its ok, im happy you tried to look at it, it seems you are in mode where you will just reject it no matter what you see. You didnt have to pay 60 bucks for it and it comes from some random guy, it cant be good. Forget about it! You need to be nice and dependent on your gurus or they wont get their funds! Stay true to your mission and maybe I will leave some scraps for you to scalp after I take out the old ATH.

i only just checked the chart on PC, i edited my statement above to say at 12o'clock because i didnt see before that on my phone. Sorry about that. Now you are comparing a 1 minute average with a daily average in a single chart? Why are you doing that? the 21 day moving average contains way more data than a simple 1 minute average. The higher the timeframe, the more you can trust it. Why don't you compare the 21 EMA with the magic blue line on the same timeframe? Why do you compare a daily average on the 1 minute chart? Show me the 21 ema for the 1 minute chart instead of showing me the daily 21 ema on the 1 minute chart. Nice Try tho Here is the 21 ema (the yellow nonsense) and the magic blue line on the ADA 1 HR chart Stay truthful in your exploration and dont pull this sh*t again BTC 21 ema yellow nonsense on 1 minute chart, vs magic blue line on 1 minute chart. There is no argument for which one is useful and which one is absolutely useless.

Seriously? I showed you so many charts dude. What is this, I dont even know what im looking at. Just open the top left where it shows the indicator names. I literally showed you the line working on every chart from 1 minute to 1 day, i didnt have to do this, but I just wanted you to understand. And you still didn't. You show me some weird line that looks nothing like the magic blue line I am talking about. My line doesnt have such sharp edges, this is something else again. 20/21 MA 200 MA , EMA's you can use whatever you like you will never find a line as magic as the magic blue line (and its sister the magic yellow line) Go on the 1 minute bitcoin chart, if the bottom at 12 o'clock UK time is not the magic blue line, you have it plotted wrong again. TODAY literally today the bottom was this line. fk man 21 ema? Jesus Christ

Yeah you chose 1day, you need to change that to Chart. So the moving average changes depending on which timeframe you look at. Daily magic blue line: once crossed, magic happens 4h magic blue line: once crossed magic happens: 3h magic blue line, once crossed, magic happens: 2h magic blue line, once crossed, magic happens 1h magic blue line, strong support, magic happens 45min magic blue line, strong support, much magic 30min magic blue line, strong support, magic 15 min magic blue line - we are below it, you know what to expect on the incoming breakout from below - Magic 5 min magic blue line, we have breakout from below, expecting magic time in the short term. 3min magic blue line - same as 5min 1min magic blue line, for all your degen needs. Strong support, Magic. You know where my low risk buy order wouldve been. This concludes the magic blue line for btc. But this thing works on everything. Try Gold, all gold bottoms - any significant timeframe- magic blue line. From 1month chart to 4h chart. For altcoins the moves are even more explosive. But you said yu dont trade those. The ADA recent big pump from around 40c was surprise surprise - magic blue line breakout. I might add a picture of it later but im on phone rn, so even adding the previous ones was a bit of a pain. Here it is. On this chart, i also include the magic yellow line which is a lower offset ma, again fibonacci numbers. Im showing on the chart what the settings are and i am not charging! All i know the sh1t is magic. 15 min btc, the only one below the magic blue line is already above the magic yellow line and tested it as support successfully. If i had to take a trade im long here with sl somewhere below the magic yellow and expecting push to magic blue line and possible big breakout. Here we also see the 123 dump marketmaker manipulation to fool human trader into selling the damn bottom. Cardano (ada) also has an inverse head and shoulders pattern, already broken out and retested neckline, and bullish MACD monthly cross (huge buy signal, circled in yellow) that just happened start of this month, With all this said, i would argue looking for anything other than long is a death sentence. BEARS NGMI and BULLS WAGMI

Dont just say peace out and wiesel your way out. You are a young dog, you are the one who needs to learn new tricks. Ive had my time when i was a young dog and learnt my tricks. Yet even being a young dog you bark like hound. I bet you wont consider plotting the 377ma with 233 offset, yet you are a young dog. Imagine yourself in 5 years time when you actually have experience , what ar you gonna learn? And you talking to me about new tricks, i already told you i have all the tricks in the world and experience behind me, you are so green and inexperienced and yet you wont even check out the moving average i told yu about. There is a big reason i called it magic and your gurus would get their cheeks red if they see the trades they missed by not knowing about it.

@josemar i guess you and your gurus are the cryptobros @bebotalk was talking about. I now feel ashamed for disagreeing. Thanks for coming in and showcasing the cancer of the crypto space - internet gurus who sell their holy grail trading strategies for money. Sign up for my affiliate link and pay me 60 quid a month, because i make so much money wih my strategy that i dont need it, but heck, let me charge anyway, right?

Brother omfg you are paying these guys?? What the heck!! You have entered gambling zone for sure, please dont advise anyone to leave their job for trading. You dont know when you will get burnt and need something to fall back on. I know ur not telling people tom do that, but you did it. And you yourself say you are new. And you argue with me?? I have seen it all. I use patterns, ichimoku, bollinger bands, marketmaker manipulation psychological 123 dumps / pumps (that fool average human trader in the short term), macd, fibonacci retraces and ofcourse market structure... list goes on. I surely dont need any more indicators than the ones I have already confirmed myself are the boss. Also I use "magic" moving averages that non of your highly esteemed gurus even know about, because I discovered them myself. 377ma with 233 offset. Just plot it on your graph and see what happens. I am never going to learn from someone charging money for knowledge. These guys are set because of people like you who pay them. If their ta was that amazing, why do they need Your money?? Give it for free, like I am doing with every chart i post. You quit your job, but they are getting steady income because of people like you, Your gurus themself did not quit their job and you give them more ammo to do their high leverage gambling, even if that is profitable in certain market conditions, that can change.

I take offense to that, i am the guy who from his toilet predicted the bitcoin bottom a year and a half in advance and while you were winning fractions of what you could have won shorting this pattern, because of the slow nature of bear markets, i was stayng well away from the market and waiting for the target to get reached to start buying, and buying i did. Did you? Or did the bear profits ruin you for this bull run? You were asleep? Not ready to risk?? Exactly what i meant by, you cant win in every direction. Even having these charts it was not easy. In hindsight it looks easy.

Thats called hedging bro, shlonging lmao.... Hedging is a tool to reduce risk, but youre winning on one, losing on the other, if you are 50 50 shlong as you say (btw ive used that term before lmao), then you might as well not have any positions its the same - you win from one lose from the other. At some point you have to say ok im shlong but i want to make money not just save my portfolio from losses. And ive had both longs and shorts in profit, but its a real headache. And huge leverage obviously. I say ignore leverage to show the math. This is the reason shorts are called shorts, by all means make profit shorting if you know how, but never hold it for long, because of the math. If your 100x short is already 5000 percent profit, you are getting small fractions , less and less on every new drop. 100x short is capped at 10000 percent, 100x long if you are on 10000 percent profit ur laughing and ready to compound. I am not hearing you longed tho? After your short from 31k, where is your long? If you took a long from the bottom on such leverage you would have already dwarfed your short winnings and be laughing at any bear. Ps: ur not gonna catch me out, ive been degen trader, ive been everything from 1x to 100x and a veteran in the space. My final verdict after trying everything is that the best leverage that maximises gains and minimises risk is the smack bang middle 10x. 10 times less scared that 1x, 10 times less greedy than 100x. Lfg Pps: please tell me you havent learnt everything from bybit streamers who only want to push you their referral links... there are far better people to learn from. These guys taught you their degen ways... not good.

Yes ofcourse, but now you mention two opposing direction in which you can make money. The supposed cryptobros are " distorting what crypto is about" so I assume he means maximalist buyers. Shorting is mathematically wrong, at least for the long term, as if we ignore leverage, you are capped at 100 percent profit. On a long there is no cap. From 1 million to 0 is only a 100 percent drop, so shorting is not something i will recommend as the risk is not worth the reward, unlike the other direction. Example, from 32k to 16k short u win 50 percent and now you only get scrap percentages thenlower it goes unless you open a new short from new price, which is again new risk. if you longed 16k, to 32k is already 100 percent and if you hold you can compound on the way up, without needing to close position and reinvest frm new price. Winning in both directions is a pipe dream, there are too many fakeouts for you to make the right choice at every top and every bottom, you have to pick and be a bull or a bear. That's it, and during a bear market you're not a bear, you are a bull waiting for the bear target to enter. Same in reverse for a bear. If you try catch every move you will probably lose in every direction instead, because they will manipulate you into the wrong decision even if you are right, by some scamwick. That's the big bad marketmaker. And if you are already deep in profit on a long or a short, it will deter you from taking the risk to open the opposite trade, because your current trade is already winning, so you will lose the best entries for longs (at bottoms, when bears are winning) and best entries for shorts (at tops when the bulls are winning).

Let me dispel the ignorance with the truth, i dont care about full sentences and looking big, I care about the truth When did the cryptobros win big quickly? When did they buy and when did they sell? Sold at 20k? Was right for a long time. Buy at 20k? Was right after that, but originally was a bad idea. So did they sell at 20k? The cryptobros? Did they sell or did they lose all their profit holding? Did they buy when it dropped or did they give up? They bought? Did they sell at 69k or lose most of their "quick profit"? if they sold, where do they buy again? 30k? Dropped to 16k, if they bought at 30k, they would've lost big time for a long time. Now price is 40k, so if you bought at 30k you're in profit, but it wasnt always like that. Where did the cryptobros buy and where did they sell, are they buying now or are they selling now. Please tell me I want to know! When you look at this chart you should now understand that trading is an extremely difficult task, and crypto is not a get rich quick scheme.

You are doing nothing other than expressing yourself, and every time I answer I am expressing myself too. We are both expressing ourselves, but you have concocted the reality where I am somehow telling you not to express yourself. Ok, maybe I have misunderstood you, but I read the posts at face value. Whatever you've written, I have understood in the way I understood it, because of what I read. If anyone else wrote it, I would understand it the same way, it is not a personal attack, I don't know you, and you don't know me. Defeating stick figures is surely not my goal. You better re-read what you wrote and pretend its someone else writing it and tell me how it comes off. Maybe you have some hidden thoughts in your mind that you did not express in your post, and you expect me to be able to read them? Not today brother. Let me summarise: You come in the thread and have some beef with some cryptobros that distort what crypto is about because of their big ego and wanting to make money quickly. Thats the stick figure right there, there are no such entities. Those who win the big money are the most patient motherfakas you will ever find. How exactly do you imagine making big money quickly? We just had a year and a half of bear market, who made money quickly? Nofkingbody. Now we had a pump from the start of the year and all of a sudden you come in here talking about someone making money quickly who is distorting what crypto is about - Lord Almighty! Like hell they are, if they bought after all the dumping they deserve to fking win, and its not quick at all. And not guaranteed either. The people you are against do not exist, they are in your mind, in reality to make it big in crypto you have to be a freaking god. -rant over

I don't care how I look, I am tiny. I am not arguing for arguing's sake you are definitely salty with everything you've written and you are for sure jealous someone made money through crypto or it wouldn't be a talking point at all. What difference does it make to you if someone wins or not? The price will move, whether you are profiting from it or not, it will move all the same. It's your job to learn to trade or don't talk about others who are doing it and spent time and resources to learn it.