Topic: [XMR] Monero Speculation - page 511. (Read 3314316 times)

@KeyJockey

I feel your pain and I'm often the same way myself. That said, at some point, sooner or later, you'll see the following on this board:

"Big green candle!"

Followed by,

"Woo Hoo!"

And,

"To the moon!"

Your heart rate will rise, visions of dollar signs cloud your vision, and your finger will hover over the browser shortcut that takes you to Monero's price. But you hesitate. You're not going to fall into that trap again. You're better than that. Stronger.

At this point, just as you prepare yourself to walk away to go brew a soothing cup of camomile, aminorex chimes in. You're not quite sure what he says - there's a few formulas, a smattering of arcane mathematics and a dollop of historical paradigms - but the upshot is, Monero will trade at $5,000 in six months. Guaranteed.

This is when you capitulate, I'm afraid. And who can blame you? Not I, because, sad to say, I've tried walking in your prospective path many times and it never worked.

Best of luck, though.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Now that is what I call a good picture


About that strange fat finger buys today. I think they happened on bithumb first and then people panic buy on other exchanges also.

Now that's what I would call a good sign!   

 

Was a nice little spike there -  good to get a few orders hit =)

It was probably somebody buying their bag back after the BTG fork

About 2.4 million USD on each.

Polo had a big buy too.

Somebody on Bittrex just fat-fingered the price up to 0.021:


Either that or they just couldn't wait to get their hands on $100k worth of romeros.

For the overwhelming majority of people ignoring prices and holding as long as possible is both more profitable and vastly less stressful than actively trading. 

That said, the last few days have been great for trading on volatility.  The past 3 days made my year.  Further gains this year will be rolled into expanding my cold xmr stake (which i borrow against, to capitalize another crypto enterprise that has been consuming my available time).

I feel the same way. Whether it's just the normal ebb and flow of self-interested human beings or whether larger forces or even "the powers that be" are at work is hard to say. But whatever brought us to this moment of exhaustion and peak uncertainty is quite powerful. I remember the rise of the personal computer and later the rise of the internet. Both were exciting and controversial, but they were nowhere near as mentally tiring as the crypto-wars.

On the other hand, I've never been more bullish long term. The contention and scams and psy-ops are because the stakes are so high. The world needs uncensorable digital money. Vacuums are unstable. It will happen. Probably soon.

Your approach... to just take a break and hodl... sounds healthy. IMHO the worst mistake would be to "cash out" of crypto when there's blood in the streets.

But what do I know?

You need a vacation man. Take it easy, travel somewhere, refill your batteries then come back fresh. It wont be the end of the world if the whole crypto market collapsed.

Hey Guys:

I'm posting this today just in case it's helpful to anyone else... odd as it may seem, in this day and age of everything being constantly 'online' I feel like some of y'all here are actually "friends", even though none of us have ever met, LOL.

I've gotten a lot of benefit from the conversations and advice here over the past couple years and want to say THANKS again to everyone for that, most of all.

Maybe it's just me, maybe just some personal reaction, but... lately... I'm just BURNED OUT.

Srsly can't cope with all this shit, what's happening in the crypto world lately. 

It's just too much, LOL.  Every day some new goddamn drama and crisis and change and OMG OMG what will we do, what will happen, aaaaah  aaaaahhh

I gotta step back or my head'll explode.

Doesn't help, of course, that I sort of fucked up bad and damaged my "stack" fairly severely recently JUST WHEN things turned down after the epic RUN of ALTS this year, since around March, and as the "alts" (especially XMR after August 21st POP) recently have taken such a big HIT, just as BTC started rallying so hard ahead of all this goddamn fucking "fork drama" going on.  And FFS it's NOT EVEN OVER YET, it'll be going on STILL thru probably Nov and into Dec I guess...? 

SO... can't deal, man.  Srsly.  Gotta step back... I gotta TRY and fucking detach at least for a while.

I think what I'm gonna do here is just lock down ALL my various crypto coins into secure COLD PAPER WALLETS, print a few copies and save 'em 2-3 places, then DELETE EVERYTHING crypto related from my computer and just try and STOP THINKING about this shit all day every day 24/7.

Then maybe in a year or so, come back and check the paper wallets and find it's all worth over $1,000,000... OR it's all gone to shit and totally worthless.

Whateva'... LOL

Probably won't come to THAT, probably just need a few days or a couple weeks away to get *clear* again, but... Jeez it's just too much, ya know?

Anyone else feeling like this, just wanted to post and say, "Me too, man! It ain't just YOU".  In case that helps

Anyway thanks again, everyone.  I'm sure I'll still be around reading here, at least LURKING even if "quiet".  This isn't some "goodbye" or anything like that but seriously I just gotta rachet shit DOWN a notch or two.

Best wishes to everyone, and maybe an early "Merry Christmas" and "Happy Holidays" to all... JUST IN CASE I do end up "out" for more than a couple months LOL

If nobody ever responded to his crap the kid would fuck off sooner or later.

You must have very little of value in your life friend, to spend so much time trying to upset people on an esoteric internet forum.

If you intend to forewarn people that's kind of you, you've communicated that message - and if XMR/BTC does fall to nothing, those who heeded your advice will obviously be grateful.
Instead, if you're just an angry little guy, with too few interests, friends, loved ones, to satiate his time - then that's pretty sad indeed.

Fulfilled adults wouldn't engage in the type of behavior you've decided to here, maybe you're neither.

Find something else to do friend, you'll be happier for it.

Im seeing cup forming in daily, no handle yet 

he is that kind of desperate that he doesn't care at all...

He wastes your time only if you give him your attention. Just ignore him.

i pitty u ... this is a strong community, go waste somebody else's time . lik da we int vlams zoen zeg, wuk nen ul

We have a beautiful little cup and handle forming on the 5m chart.