Jump to content



Photo

BITCOIN new all-time high


  • Please log in to reply
151 replies to this topic

#41 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 May 2017 - 02:29 PM

Actually I am ready to hit ETH already, with 130 lowest target it is getting closer already, the nature of w iv can be

 

the lowest point in the first leg down. I am watching now I swear I will not watch it anymore just buy above 130 and bank it,

 

with a mental stop loss there however.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#42 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 27 May 2017 - 10:01 AM

All or most of the gold promotors even Schiff have advocated bitcoin and now they say to use some of the
profits to buy gold. I imagine alot of bitcoin money will be used for that but really did the people sell their bitcoin
with profits, are they good traders like that, do they want to sell and pay the taxes.

 

The amount of bitcoin in the exchanges and trading is nothing compared to the capitalization, the big money bitcoin people cant sell to

pay the taxes. I dont know if there is enough of a population there to move the metals
but at least if the cryptos are flat for while can help the metals attract capital.

 

I bought my eth back, it hit 120 overnight, I bought at 141 and 150. I made the mistake of staying up late to catch the drop when I
should have got up early and found it at 120 at 5 AM.
Will move money to double ETH this week, buy one bitcoin by Jun 3,
and more bitcoin by June 20. I dont have alot in this stuff but it has been paying the bills and buying gold or I would have more in it.
I am now resolved to get a bigger permanent capitalization in there because I thought this correction was coming and was a more
stable base to do that.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#43 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 28 May 2017 - 09:39 AM

taking a w4 low in eth here below 170, short term, trying to parlay some

 

small lot trades into more coins. the ewave is textbook stuff, the difference in 

 

constitutional money.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#44 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 28 May 2017 - 10:55 AM

nailed that one with a couple bucks it was important not to overlap potential W1 high

of 160.5 but still not clear where the wave count is yet I just take the affirmative option for now

can stop and reverse easy enough it doesnt gap before open or close like the racketeering ponzie.

It actually takes a long time to deprogram and remember how a real free market trades.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#45 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 28 May 2017 - 03:27 PM

"In case you're having a bad day, remember that 7 years ago some guy spent 10,000 bitcoin on two Papa John's pizzas."



#46 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 28 May 2017 - 04:48 PM

The ETH should have just pulled  out of this w4 of crappy overlapping waves and should pass 200

 

but it will be some degree top will take partial profits for rotation.


Edited by AChartist, 28 May 2017 - 04:51 PM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#47 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 29 May 2017 - 08:19 AM

nice impulsive wave overnight in eth, crappy overlapping corrective wave just finished

 

to attack 185 then 196 next, textbook stuff no one would even know how to act anymore in a natural free mkt


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#48 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 29 May 2017 - 09:58 AM

target for eth should be about 250 on this move


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#49 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 29 May 2017 - 04:11 PM

at 195 eth still looks early I might push it to 240 because the work around

 

185 while I was out to dinner took up the offer


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#50 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 29 May 2017 - 04:13 PM

at 195 eth still looks early I might push it to 240 because the work around

 

190 while I was out to dinner took up the offer


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan