421 replies to this topic

[CLK]

Ugly market, high flyers are giving back most. Thinking pillar is next, maybe to $1. Trading etherium on a st basis,

nothing else worth the risk. Bitcoin turning back down. Can't chase in here too much risk, cash is good.

[AChartist]

I just skimmed off parts of profits and bought a little pillar and humaniq they are up a little on the day, the huge volume

 

in PRO has to be good,

 

the winner this week is veritaseum so far but other good, ENG, SUB, Verge, enough to keep the account up in a 

 

correction is good enough,

 

the lateral correction is taking in a while and etherium is hot, maybe a token rally will follow the ether rally,

 

the speculation in new ico releases does not seem healthy.

[AChartist]

Oh, Iconomi is well above double my terrible entry point last summer, buy and hold, it was not alot of money

one of many small positions. And OMG good on the week, I did sell some for distribution but need to get it

back at any price before spring wave.

Edited by AChartist, 09 January 2018 - 11:19 PM.

[AChartist]

I have a lot up on the terrible week. Up in dollar and bitcoin but down in etherium.

 

So we have clifs statement the month will end well, or I may expect to be flat for a whole a month from now,

 

but the day that everything starts running with 50-100% days, will not see it coming or it may come from some drawdown

 

and make me do something stupid like selling. I may just ignore it

 

from here until mid Feb and work on new capital for Feb. I dont really have that much time for it when work is gearing back

 

up.

Edited by AChartist, 09 January 2018 - 11:39 PM.

[AChartist]

And walton a good one on the week, in this mix it takes a broad allocation of good ones

 

can be times of rotational correction and the diversification worked to maintain the account, and I can skim one here and there

 

to add to something that is pulled back, will look around in the morning if worth any rebalancing. 

 

If it was a meaningful correction no diversification would have helped it is just a lateral congestion.

[CLK]

Diversification sounds good but small lot positions can't balance the heavy ones.

[CLK]

Every time I add money my account ends up lower than before I sent it. This is not bullish action. I need to take a break from

this for a few weeks.

[CLK]

The symmetrical triangles are the most bearish pattern in crypto, look at DCN and TRX for reference. Minimum retrace 75%. 

 

 

[AChartist]

maybe this is the correction to Jan 13, not on Jan 13

[CLK]

Bought about a $500 position in CL, huge daily volume last few days, price not up much yet, but up 22% on a down market. 

I like the concept and beta platform.