Member
Posted 29 November 2017 - 09:16 AM
If trading is flat in PPT, will the price automatically be ratcheted down as the price of Bitcoin moves up to keep
the average price per Bitcoin the same ? It does look like they may be lowering the price of PPT in the %btc
to keep the actual price of PPT the same. In that case the upward move in BTC would not help you if you sold
PPT in BTC.
Edited by CLK, 29 November 2017 - 09:20 AM.
Member
Posted 29 November 2017 - 03:01 PM
The least hiccup in Bitcoin takes everything down, tokens and all. LTC down 20% off highs makes no sense.
At any point you buy you can suffer several 50% corrections before you end up making big gains down the road,
especially in the tokens. The funds although they can go bust look like a better deal at this point short term.
Gains can be dollar cost averaged into the coins over time.
Member
Posted 29 November 2017 - 03:19 PM
Bitcoin cash didn't even bounce on this sell off, that correlation is gone. BTC did bounce off 8800 though, 2600 point reversal in one day.
Member
Posted 29 November 2017 - 03:56 PM
And now bitcoin action crashes Coinbase.
Member
Posted 29 November 2017 - 05:09 PM
I don't think you can reinvest daily interest on Pandex, either $1000 or $5000 at a time. So I want to do initial $1500 - $2000
in Nasdaq to get a jump on the time and in 40 days move to the 5k fund.
Member
Posted 29 November 2017 - 06:47 PM
Pandex Crypto fund hit 2.39% payout today on the Bitcoin volatility.
Tim
Posted 29 November 2017 - 09:16 PM
I don't think you can reinvest daily interest on Pandex, either $1000 or $5000 at a time. So I want to do initial $1500 - $2000
in Nasdaq to get a jump on the time and in 40 days move to the 5k fund.
But at $100 interest increments, can go to the small fund until it reaches a larger sum for the $1000 fund.
If 2% of $1000 daily it would take 5 days of interest to roll over to the small fund, then 50 working days to accumulate $1000
to go back to the larger fund. But longer at smaller average payouts.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Tim
Posted 29 November 2017 - 09:24 PM
Tokens just might be weak until Feb but they also move individually if any business news,
the most popular are financial, are the new monetary system. I cant tell the difference
if one works in Dec or until Jan will never know that because it depends on news but it can 50% and 100% a day easily at any time.
And they should all be in gear blistering from late Feb to August anyway.
So I should have some extra money tomorrow and will shop around some but not spending alot until I think about the charts some over the weekend
or if some sort of retest low comes in. In the longest case, a buy can come in on the day the 3 day macd crosses down on a down day, that could be a
next retest low day it seems it would take more time like 9 days but clif says Dec 5 is eventful in 6 days, maybe two more 3 day bars could do it.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Member
Posted 29 November 2017 - 09:56 PM
LT chart of Bitcoin looks like a 5 wave parabola
Is it done? who knows how far the craziness can go...
Member
Posted 29 November 2017 - 10:53 PM
It might be done at 500k, but a trader would not be able to endure the 40% corrections. It's not going away to zero.
