My stop-loss orders have been triggered
I'm all in on Bitcoin with no USD hedge.
The real test is breaking $8500 (the doubling curve).
I even contacted Coinbase and asked them to change my ACH deposit to a wire transfer.
This will cost me $10 but get the funds into my account tomorrow instead of a week.
Conclusion
This is your chance to bet against me!
I am literally always wrong.
My inverse correlation is epic.
However, the only times I am right relate to the doubling curve.
Be careful on this one.
Bitcoin is way oversold and billions are still sidelined waiting to enter.
P.S.
Check out the website
https://hivebuzz.me/ranking
It has very useful stats on it.
Apparently I rank #427 of accounts with powered up stake.
Pretty crazy to think about... rank 427 on a platform I expect to be worth billions...
Also @freedom has 11.4M powered up and the only account higher is @binance-hot.
Which won't last for long because they are obviously powering down.
The runner up being @blocktrades at 4.7M.
Really puts into perspective how fucked up the ninjamine was.
70M coins... wow
Good riddance.
Finally after a long wait, it seems Bitcoin is actually gaining back it's momentum long lost
It's been less than 2 months :D
I'm cautious about getting stuck in cash with all the money printing going on, but I also am suspicious this BTC pump may be temporary confidence in the halving, so I am looking for some good ratios to trade BTC for altcoins when it looks like short-term trend is weakening.
IMO that "temporary confidence" is going to take us to all time highs in 2 months or less. A super risky proposition to be sure, no matter what side of the trade one is on. That's volatility for you.
If it does I will be rebalancing into some altcoins and cash. Whenever I am buying or selling I always try to cost average, so I will have some orders that don't connect on each extreme end, but will always catch most of the dump or pump.
Ok, will see what happens in 2 days then make my move 😜
What happens in 2 days?
As per your track record, you'll get rekt, there'll be some massive price movement and the "shoulda, woulda, coulda" feelings come in. It's probably the only consistent thing I've seen in crypto 😉
(just "yankin' yer chain" of course)
You aren't yankin my chain though.
That's like super accurate.
But every dog has his day.
Haha, I'm sure you'll get your day mate - I'm determined not to get wrecked seeing as I watched my portfolio disintegrate by 90% when I got in at ATH Dec 2017-March 2018... thankfully, I held for over 2 years and am now up by 30%!
You definitely need balls of steel and a strong stomach for this shit to be prepared for such massive swings... only in crypto hey... well, kind of. Seeing as the stock markets crashed a few weeks ago!
I was actually pretty proud of how I composed myself as I sold off my 10k Hive early and then watched my account spike to 35k and crash to 17k. No fucks. Expecting 8k.
I'm just aiming for 1 whole BTC at the moment and have one more steem powerdown being relinquished tomorrow morning - seems to be doing its own weird price movements as well!
I am even in the Top 300! Aim is to get to the 250, but for this I need 13K more HP.
A bit risky to buy Hive now, but now with the BTC spike I will give it a try.
At least I could dump some more Steem today before the BTC started to rise :)
I'm buying at 2400 sats.
that's a cool site you linked to. I love looking at things like that. Not to see where I fit in but to gauge how real the community is. I expect a lot of dumping for awhile.
annnnnnndddd Bitcoin spiked above $8700... it's so on
halving pump & dump
plebs are already asking if it's the right time to buy btc again
Yeah but this time they're probably right :D
Every dog has his day.
Just imagine what it's going to be like when BTC his ATH.
Ouch.
^^
It is past $8,700 now (April 29, 2020 23:25 UTC)
that was some crazy volume well seems like Halving Fomo kicked in pretty early this time haha