CRYPTO WARNING

Discussion in 'Digital Currencies' started by SilverSale, Sep 28, 2017.

  1. dozerz

    dozerz Well-Known Member Silver Stacker

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    to think of all that profit missed due to heeding doomsday naysayers, its just the beginning...
     
  2. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I believe in crypto but this weekend is a risk. Technicals are showing some vulnerability and weekends have a tendency to bring on panics and flash crashes.

    I don't think it's "The Big One" yet because we haven't had the blow off top I'm looking for....but anything is possible.
     
  3. dozerz

    dozerz Well-Known Member Silver Stacker

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    there will be plenty more crashes, just like any other market. weekends are traditionally down as fiat doesnt flow. lets have some trader logic rather than "it just feels bad, crypto....."
     
  4. Brendio

    Brendio Active Member

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    Back when Mt Gox was still trading in 2011, there would be crashes or mini-crashes just about every weekend so much so that there was a meme made about the weekend coming. Those were good times for dollar cost/value averaging to build up a stake, but they required long term faith in the project. I first bought on an all time high and saw a 90% fall in value from there.
     
  5. dozerz

    dozerz Well-Known Member Silver Stacker

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    so much for the weekend downturn, back to all time high :)
     
  6. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I would have provided a chart and backed it up with the technical indicators but it is not really worth the effort with this forum becoming more of a p1ssing contest by the day.

    Happy to be wrong on this call. I exited my trade 4 days earlier than I'd planned but I'm not greedy.
     
  7. dozerz

    dozerz Well-Known Member Silver Stacker

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    more disappointment that people still pretend they can predict crypto price, lets just accept it doesnt behave like your other commodity markets and we can all be happy.
     
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  8. Altima

    Altima Well-Known Member Silver Stacker

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    6 1 0 0 USD

    :eek:
     
  9. Gullintanni

    Gullintanni Well-Known Member

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    It is all untested really .
    You have to be in to win.
    If we think about it bitcoin could crash down to $3000 tomorrow and you should not really worry as it ha has far bigger % losses in the past.
    Now if it loses 10% it is a $600 loss yet when it was sitting at $100 and went to $80 (a 20% loss) no-one panicked.
    We are just talking bigger numbers now and i think if serious you need to forget about $$$$$$$$$ and focus on %%%%%%%% and that way it may stop silly move.
    Just my view.
     
  10. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I do not pretend, but I at least try. The crypto market is not just some random beast. Some people are able to actively trade successfully it but if you're the buy and hold type there is nothing wrong with that either.

    Regardless, I will cease offering my trading insights on this forum. Good luck to you.
     
  11. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Bugged, for what it's worth I'd prefer you to keep contributing to the discussions.

    Though opinions may differ, I've always respected yours and, hopefully through all these differences we're able to find some common ground while going forward so we all benefit.
     
  12. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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  13. SilverDJ

    SilverDJ Well-Known Member

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  14. dozerz

    dozerz Well-Known Member Silver Stacker

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    hopefully we can still have a healthy discussion and agree to disagree, no need to take your bat and ball home.
     
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  15. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    :eek: That is one scary chart. Let's hope bullion silver in the hand does that oneday :rolleyes:
     
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Scariest thing about that chart is that volume did not support the price move up.... beware.
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Definitely doesn't behave like PM markets. :p
     
  18. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm, alot of euphoria leading up to the fork. I don't know if there's going to be a crash after the fork, but I'm hoping that alts will get some of the outflows from Bitcoin if it does crash.
     
  19. JOHNLGALT

    JOHNLGALT Well-Known Member

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  20. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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