My Speculation Thread (Charts and Analysis Included ;)) - page 3.

JaredStein

sr. member

Activity: 379

Merit: 251

Quote from: tokeweed on June 13, 2017, 11:14:19 PM

LTC/BTC: Earned Much? Got Nowhere to Go? Well Come on Dooown!

There are times in a bull market when you've already made some of your profit, have gotten in and out of a few trades and you have no idea what to do next.

'Do I stay put? Do I risk more?'

These are the common questions a person tend to ask him or herself because he/she knows there's something good out there, but the problem is 'what?' The answer (for me at least) is to switch gears (lower) and look for coins that have been off their peaks but have been stable for a while. Meaning look for sideways action with low volatility. It's always good to park some BTC in that kind of action.

Oh look, LTC's doing it. Grin

Great LTC call there hope you made some money on it yourself. Do you think there are any prosperous coins out there right now? If so what are they? Personally I have pulled the trigger Ardor, HUSH, LSK, Wagerr, and Antshares. Antshares and HUSH shot up something crazy like 100% today and LTC following behind at a nice 33%. Others I am looking at are NEM, Ubiq, SwarmCity, and Iconomi.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

LTC/BTC: Earned Much? Got Nowhere to Go? Well Come on Dooown!

There are times in a bull market when you've already made some of your profit, have gotten in and out of a few trades and you have no idea what to do next.

'Do I stay put? Do I risk more?'

These are the common questions a person tend to ask him or herself because he/she knows there's something good out there, but the problem is 'what?' The answer (for me at least) is to switch gears (lower) and look for coins that have been off their peaks but have been stable for a while. Meaning look for sideways action with low volatility. It's always good to park some BTC in that kind of action.

Oh look, LTC's doing it. Grin

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: aletheia on June 11, 2017, 12:43:05 PM

Subscribed Wink

Lol. Thanks. But do remember that I'm not a professional trader and everything I post here shouldn't be taken as investment and trading advice. Trading is a very risky endeavor and you could lose your shirt doing this. So be careful.

aletheia

member

Activity: 112

Merit: 10

Subscribed Wink

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

What did I tell you? There were some traders getting impatient and tried to buy ETC up. Right after the next day some ETC whale dumped on them.

It's better to make your bids than buy on market. Be patient.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

ETC/BTC: Looking for Something to Buy and Hold When Everything is Overvalued?

First of all, yes this is a shill. Wink

But in my defense I wouldn't be 'hyping' anything if I didn't think that there's a chance that something is a good investment. But then again, caveat emptor. I'm also learning as I go here just like everybody else.

Anyway, ETC... Notice the pattern repeating itself. A dip from the highs followed by a period of low volatility (which is a perfect time to get in btw), then followed by an extreme rise to new highs. This makes me believe that there's a whale accumulating it and he could be coming in again anytime now. So if you are looking for a good window to get in, this is the time.

Edit: THIS IS IMPORTANT. If you want to get in and you have a good amount of BTC to move the price, DON'T USE MARKET ORDERS. The whales hate it when somebody else disrupts their 'play'. They'll end up dumping on you making the price lower than what you bought them for. It's better to make some bids and be patient.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: TravelMug on May 31, 2017, 02:50:51 PM

Quote from: tokeweed on May 31, 2017, 01:23:19 AM

Yeah, but what kind of demand are those ICO's getting? It's all speculation and it's not gonna last for the long term. But I do agree in the medium term of all the ICO craze continues, we'll see a higher ETH price. Hell... I'll go as far as saying that we'll see a 'flippening'. Meaning ETH replacing BTC as king in market cap value.

Oh yeah, ICO's lately are also listing ETH as one of the coins the investors can used so we can't take that away from ETH. So I think the future for ETH looks good. Can it sustain its price. I think it will as long as the demand is there. They say that market cap is nothing, but for me it is a indication that a lot of investors are putting there money on ETH and soon can replace btc as market cap king.

As long as there's demand, yes. But how long will the demand last for these ICO's? Sooner or later the market will, for sure, get saturated and there won't be enough money getting in to sustain these high prices in the market. We have seen this happen in all types of markets. The Dotcom Bubble, the Housing Bubble, the Tulip Mania, etc... They all end up crashing.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: tokeweed on May 31, 2017, 01:23:19 AM

Yeah, but what kind of demand are those ICO's getting? It's all speculation and it's not gonna last for the long term. But I do agree in the medium term of all the ICO craze continues, we'll see a higher ETH price. Hell... I'll go as far as saying that we'll see a 'flippening'. Meaning ETH replacing BTC as king in market cap value.

Oh yeah, ICO's lately are also listing ETH as one of the coins the investors can used so we can't take that away from ETH. So I think the future for ETH looks good. Can it sustain its price. I think it will as long as the demand is there. They say that market cap is nothing, but for me it is a indication that a lot of investors are putting there money on ETH and soon can replace btc as market cap king.

aventus

full member

Activity: 154

Merit: 100

Aventus solution to disrupt ticketing market

Quote from: tokeweed on May 27, 2017, 03:37:35 AM

ETC/BTC: A Continuation of the Pattern?

Let me ask you. Does this look like a continuation of the pattern or is it finally the end of a good run? I think it could follow the same pattern, albeit there's higher volatility. The sudden rise and the sudden dumps show how irrational some traders seem, but the long term trend seems to be still intact.

What do you guys think?

I do think these kind of repeated patterns are very scary. The more they occur, the less you will imagine they will reproduce once more. But in fact, they do!
That's the reason why I don't like them. But honestly, you must buy. you can't ignore the reproductive pattern.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Yeah, but what kind of demand are those ICO's getting? It's all speculation and it's not gonna last for the long term. But I do agree in the medium term of all the ICO craze continues, we'll see a higher ETH price. Hell... I'll go as far as saying that we'll see a 'flippening'. Meaning ETH replacing BTC as king in market cap value.

jane418

member

Activity: 70

Merit: 10

Quote from: tokeweed on May 27, 2017, 03:37:35 AM

ETC/BTC: A Continuation of the Pattern?

Let me ask you. Does this look like a continuation of the pattern or is it finally the end of a good run? I think it could follow the same pattern, albeit there's higher volatility. The sudden rise and the sudden dumps show how irrational some traders seem, but the long term trend seems to be still intact.

What do you guys think?

With the huge demand for ETH in ICOs, I think ETH may hit $500 this year and $1000 next year. Who can tell? Nobody has predicted the 20x growth since January.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

ETC/BTC: A Little Update

Well it's looking more and more like it was the right call. I'm thinking about adding more buy orders but Chris de Rose is publishing an open letter to the SEC in an attempt to get their attention on what's going on primarily in Ethereum and the multimillion ICO's which are mostly ponzis (according to him). I personally don't care. I like to gamble in cards, sports, stocks and altcoins. Why make an attempt to stop gambling using Bitcoins? Isn't being able to do stuff outside of regulations one of BTC's uses?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

ETC/BTC: A Continuation of the Pattern?

Let me ask you. Does this look like a continuation of the pattern or is it finally the end of a good run? I think it could follow the same pattern, albeit there's higher volatility. The sudden rise and the sudden dumps show how irrational some traders seem, but the long term trend seems to be still intact.

What do you guys think?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Check the movement on ETC. A day later I posted my last chart about it in this thread, it started to move back up again. Are the pump groups following this thread or what? Cheesy

Just kidding.

Anyway, yup, I guess I got lucky again. IF the price continues to surge past .005 BTC that is. Good luck on all your trades.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

ETC/BTC: Buy, yes. Buy, yes. Buy???

As many of you already know, I have bet heavy on ETC. Overall I like it better than Ethereum due to moral reasons, and no I won't argue about it. That's just me. But don't get me wrong I'll still buy ETH of there's an opportunity to profit from it.

Anyway, yeah... Look at the chart. Is it an opportunity to buy more, or is it time to sell on the pumps and invest the proceeds in something else (Tezos Wink

)?

Basically, the question is, is there any more upside for ETC? Long term yes, potentially there's a great upside, I'm asking for the medium term like 3 - 6 months?

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: tokeweed on May 08, 2017, 11:59:19 PM

Vlight, I wasn't really asking for any advice this time around. I was merely trying to word out and share my thought process with all of you and hopefully get some comments but not advice. I'm sure a lot of you here also had the same predicament as I'm having right now. Grin

If you must know, I'm loading the gun and preparing to fire. I'm gonna put more money in the pot and buy more ETC. Gamboool!

Which isn't performing that bad, for sure a pump but a double bottom at 9th & 13th may and at least +14% should be doable from today/rightnow by reaching the USD-ATH which is lower than ATH valued in BTC
The bitcoin run comes to the rescue and should get some support by ... that stupid ransomware incident.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Vlight, I wasn't really asking for any advice this time around. I was merely trying to word out and share my thought process with all of you and hopefully get some comments but not advice. I'm sure a lot of you here also had the same predicament as I'm having right now. Grin

If you must know, I'm loading the gun and preparing to fire. I'm gonna put more money in the pot and buy more ETC. Gamboool!

vlight

hero member

Activity: 656

Merit: 500

If you're worried about your position, it means that it is too large. Generally you shouldn't really care what is happening. Try reducing your position if you're in doubt, and re-enter when you're more confident. These are just general common sense trading rules, not an investment advice Wink

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

ETC/BTC: Here is Where I Usually Get Confused

Ok, I have already said I've loaded heavy on ETC. I want this to be my gamble of the cryptotrading endeavor of my life. Now look at the chart above and this is when it starts to make me doubt about the whole 'investment'. The things going on in my head are do I add more or is this the end of the trend and should I cash out?

Gambling too much on one altcoin really makes you question yourself.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Anonylz on May 06, 2017, 02:26:43 AM

Quote from: tokeweed on May 06, 2017, 02:19:26 AM

Quote from: vlight on May 05, 2017, 12:50:48 PM

Wouldn't be surprised to see $100B Bitcoin market cap, but market crash won't surprise too.

Hoping for this:
https://cryptoyoda1338.wordpress.com/2017/05/04/the-golden-age-of-cryptocurrency/

It's really going to get out of hand this new bull market. I'm pretty sure of that. And somewhere along the line a big crash is waiting to happen. That I'm also pretty sure of.

Don't forget that most of these alts and platforms don't solve anything that Bitcoin is already doing.

besides that btc currently has a 100K tx backlog Wink

Which should be fixed sooner or later. That's the problem with most of us in this forum, we tend to think that Bitcoin is 'dying' because it's 'old' or it 'doesn't have X features'. What we all fail to realize is Bitcoin is the most secure and most robust cryptocurrency ever. It will stand the test of time. I'm not saying other alts won't have their uses, I'm saying BTC will all be still in the middle of it all for a long time.

Topic: My Speculation Thread (Charts and Analysis Included ;)) - page 3. (Read 22344 times)