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Cryptos

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  • kentaddick
    kentaddick Posts: 18,729
    btw anyone looking to learn how to trade and learn technical analysis, look up Koroush AK and then Crypto Cred on youtube. Crypto Cred's especially are great, longer videos but theres multiple examples of key concepts. The indicators he shows are great too.
  • Bangkokaddick
    Bangkokaddick Posts: 4,295
    edited January 2021
    Bangkokaddick said:
    kentaddick said:
    Buying ETH, gone past 50 on the RSI 4hr chart, other indicators look good. Gonna outperform BTC from here on I reckon. 

    kentaddick said:
    Buying ETH, gone past 50 on the RSI 4hr chart, other indicators look good. Gonna outperform BTC from here on I reckon. 
    I could have sold you mine.

    I made the decision to recoup my initial investment in cryptos (around USD2,000), keep the profit invested (around USD500), and just forget about it for the foreseeable future.


    Just been back looking at my initial investment and I overestimated. I thought I'd invested around $2000 but it was actually $1300, so I have almost doubled my money at current prices.

    I now have the hassle of getting my sold crypto into my bank! I made an error in using Binance when I should have used Coinbase, as Binace doesn't have a withdrawal facility in real money! And as I haven't opened Coinbase in a while, I am having to re-verify everything. I am thinking of opening an account with Bitstamp instead, as this has much cheaper fees. Any thoughts?
  • kentaddick
    kentaddick Posts: 18,729
    Bitcoin is looking a bit better now (worth a buy imo), ethereum seems to have broken away from BTC a bit too. 
  • kentaddick
    kentaddick Posts: 18,729
    kentaddick said:
    Bitcoin is looking a bit better now (worth a buy imo), ethereum seems to have broken away from BTC a bit too. 
    Despite the being a bearish cross on the 1day, 4hr seems to have a bullish cross... so... 🤷🏻‍♂️
  • kentaddick
    kentaddick Posts: 18,729
    hope you all bought the dip. Big spike in stable coins to exchanges in the last hour (got an alert from cryptoquant), think a pump is coming.
  • CAFCsayer
    CAFCsayer Posts: 10,222
    Why on earth is Doge up 358% today, it is an actual shitcoin
  • cabbles
    cabbles Posts: 15,254
    kentaddick said:
    hope you all bought the dip. Big spike in stable coins to exchanges in the last hour (got an alert from cryptoquant), think a pump is coming.
    Fingers crossed mate 
  • shine166
    shine166 Posts: 13,914
    CAFCsayer said:
    Why on earth is Doge up 358% today, it is an actual shitcoin
    Reddit style pump, saw my mate post about it at 120%
  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    Why on earth is Doge up 358% today, it is an actual shitcoin
    Wall Street bets. Asia shorted it back down. I might actually ride it today. But ETH and link are looking really good and I’ve got positions in them. 
  • shine166
    shine166 Posts: 13,914
    kentaddick said:
    CAFCsayer said:
    Why on earth is Doge up 358% today, it is an actual shitcoin
    Wall Street bets. Asia shorted it back down. I might actually ride it today. But ETH and link are looking really good and I’ve got positions in them. 
    Was up 460% at one point 
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  • Glovepup
    Glovepup Posts: 1,742
    I've not bought the dip, at the moment I put the money I want to put in. Link is looking strong and Ethereum will continue to rise, I'm just holding here. 
  • kentaddick
    kentaddick Posts: 18,729
    edited January 2021
    Worth noting the highest amount of whale activity into exchanges in 8 months has happened over the last few hours. Usually this would mean a dump incoming but I think this is just trying to ride doge coin. 
  • JaShea99
    JaShea99 Posts: 5,455
    Look at it go!!
  • kentaddick
    kentaddick Posts: 18,729
    On second thoughts think it’s the blow off top for doge. 
  • No.1 in South London
    No.1 in South London Posts: 3,960
    https://www.bloomberg.com/news/articles/2021-01-28/bridgewater-s-dalio-calls-bitcoin-one-hell-of-an-invention
  • cabbles
    cabbles Posts: 15,254
    Predictions for how high we think it can get too? (Btc that is) 
  • Braziliance
    Braziliance Posts: 8,342
    Braziliance said:
    I've invested a lot of my savings into dogecoin
    Well well well
  • Rob7Lee
    Rob7Lee Posts: 9,592
    Well played to all of you making money on this, I've still not been brave enough!
  • Rob62
    Rob62 Posts: 1,200
    RSR is a pretty strong project with some serious investors. Potential to explode if they achieve what they're setting out to: https://reserve.org/
  • kentaddick
    kentaddick Posts: 18,729
    Rob62 said:
    RSR is a pretty strong project with some serious investors. Potential to explode if they achieve what they're setting out to: https://reserve.org/
    coin market cap has the current market cap at $325,436,398 so unlikely to do more than 10x imo.

    Still, looks interesting.
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  • Glovepup
    Glovepup Posts: 1,742
    edited January 2021
    Rob7Lee said:
    Well played to all of you making money on this, I've still not been brave enough!
    Ditto.
  • kentaddick
    kentaddick Posts: 18,729
    two things happen - either bitcoin blazes past $50k or alt season properly kicks off.
  • charltonJ
    charltonJ Posts: 521
    I haven't been able to log into coinbase for hours now, really annoying! 
  • cafcpolo
    cafcpolo Posts: 3,811
    Out of Doge now! Massive profit, balls to riding that anymore  :D
  • Glovepup
    Glovepup Posts: 1,742
    cafcpolo said:
    Out of Doge now! Massive profit, balls to riding that anymore  :D
    Well done, if I had seen that earlier I may have jumped on but I feel the longer it goes on the riskier it will be.
  • Glovepup
    Glovepup Posts: 1,742
    kentaddick said:
    two things happen - either bitcoin blazes past $50k or alt season properly kicks off.
    Whichever is fine with me!
  • cabbles
    cabbles Posts: 15,254
    Btc bounce didn’t last that long.  On the way back down by the looks of it.  Got up to 37 odd today, but now gone back to 34
  • CAFCsayer
    CAFCsayer Posts: 10,222
    kentaddick said:
    Rob62 said:
    RSR is a pretty strong project with some serious investors. Potential to explode if they achieve what they're setting out to: https://reserve.org/
    coin market cap has the current market cap at $325,436,398 so unlikely to do more than 10x imo.

    Still, looks interesting.
    You're talking about 1000% profits like they are a bad thing. Don't get sucked in by the moonboys, this mentality lost me a lot of money in 17/18
  • shine166
    shine166 Posts: 13,914

  • CAFCsayer
    CAFCsayer Posts: 10,222
    Most of the time these are just big scams, group owner buy pre pump and then lob out coins on the way up... It's possible to make money on them, but the vast majority of the time you end up losing money as the coins they pick, the trade volumes are so small it is hard to get out

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