Wow! What a spike lower! Did BTS get hammered, or what? Sellers took out the entire bid stack! I dare say that there are no more margined positions above 24¢ on BitShares! And I can vouch for it as I got a fill just above 24¢! The charted price on BitShares only shows a low of 30.5¢, but I can tell you it got down at least into the 24¢ area, given that I got filled down there! And the buy book went to a virtual zero. What a massive spike lower! And it was on good sized volume too. That’s a sign of capitulation, and it looks to have happened across the board. (I picked up some more STEEM too - the best fill there was $3.50ish - the chart does show a $3.20 low right at the 89 DMA.) Everything got slammed in synchrony, and everything’s bouncing now. We may be putting in an intermediate term double bottom. Going to put in some more bids just in case we take out lows on a secondary spike down. Good “fishing” everyone.
Anyway, what was your best fill?
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Bonus Chart: Very nice buy zone for BTC
Again cryptosale with heavy discount...best time to buy because i think it is limited time offer....i bought steem vechain and eos...i already got some benefit....and thinking of of buying some BTS too.
Glad you mentioned EOS. Forgot to check it. It's not showing on my BitShares screen though. That's the 2nd time that's happened. It just disappears! Looking on TradingView it looks like there was some nice buying there too.
Sometimes luck favors the smart guys ;)
The old saying is that it's better to be lucky than good. 😁
An excellent analysis and I think that if the correction in the short course Bitcoin and the BitShares drops below 0.24 cents. Although now it is also possible to purchase the BitShares . Thank you @cryptographic
Nice chart showing those long legged candles down into support. Big volume on this one. I want to see it close above 31.5¢ but it wouldn't bother me to pick up some more first. 😉
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Thanks for the quality comment.
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Wish there was a way to get rid of junk posts without having to spend SP. 😒
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Props to fantastic fills in BTS and STEEM! The master strikes again... Unfortunately, no buying over here, just HODLin'. BTS STEEM and EOS are all bouncing off trendline support and their respective charts look a lot healthier than BTC.
A bit frustrating that I'm not positioned to take advantage of these sales. This is what happens when you FOMO during the euphoria phase and load up a full position. I wonder if you had put a penny bid, whether or not it would have filled during that capitulation move...
Lol, it was definitely an excellent day to have multiple buy orders waiting on this BTFD moment! So many coins, for so cheap!!!
Unlike most panics, I'm very glad that the price is going down. This makes it possible to replenish reserves.
@cryptographic,
In Binance lowest BTS recorded as 0.00003030 in last 48 hours and I got a chance to buy at 0.00003358. Not a bad call, but this time I had no huge amount of money to buy more. Anyway now it's on a good profit. At the moment my main focus is on STEEM. Trying to buy it much more lower around 0.0004038. Hope it will drop at that level too.
16th of last month I got a chance to buy BTS (a huge lot) around 0.00003218 and I think it's a good trade than last 24 hours trade of mine. Anyway I am looking forward to hear from you more updates!
This is a good sale time, this is how I believe about the Red Market Times
Cheers~
DEX hit about 0.22, so yep, was a nice dip! Seems much more content around 0.30, so free 20% for the scalpers. :)
I agree with the buy zone sentiment for BTC, but it’s nerve-wracking with all these calls for capitulation to 3-6k. That said, I remember that at 1800 there were calls for 1600 and sellers in the mid 18s missed the boat.
I suppose we could drop ANOTHER 50%, but I bet it’ll be fast when it happens and the r/r seems iffy on catching it.
Looks like we got that other 50% you were supposing might happen. Picked up 3 more batches with an average price around 18¢ (the best fill being 14¢ and change). I thinking/hoping that was it for the selling for now.
I find it funny that I remember a few weeks ago you were telling me to sell at least a part of the Steem at 4$ and that would have been a good choice because it got lower just in the very next day. Now 3.5$ is a good moment to buy. I am still impressed how fast does this market evolves!
My best buy would have been (because I was too afraid to do it) buy Cardano at 0.02$ and sell it at over 0.6$ three months later. That would have been a nice trade, but again, I still blame myself for being too scared to do it.
Unless you're a very nimble and expert trader, the speed of these markets is one of the biggest reasons why the best option is to hold long term. It's a long term bull market, and the long term surprises should therefore usually be to the upside, and sometimes when we try to get too cute, we get left behind. In fact, I'm only "trading" 20% of my overall holdings - 80% is a long term hold that I won't even touch and going from 90¢ to 22¢ doesn't even phase me precisely because I know we'll be above 90¢ again sometime probably very soon.
That's encouraging! And I got fooled by all the trading advice that you provide, thinking that you are a main trader and not a holder. I had tried to trade before, obtained some profit after all, but I don't like it anymore after I lost some money there :) Never going to do that again :D
I like Bitshares as a distributed exchange. But it does suffer from irregularities and lack of support. My ETH deposit went missing a few weeks ago (either due to Bitshares or OpenLedger's mistake), and I'm still waiting for it. Support is either not responding or blaming the other party. It makes me hesitant to trade on it, as you can imagine.
bitshares It has a very strong barrier and resistance at a price 0.3 $
Note
The market in dump and pump in last 4 weeks
Do not fear the future of bitcoin
There is great resistance at $ 8,000
This is a chance for me to have a lot of traders who have recently joined me in trading my Tnnip knowledge
Thank you for sharing your amazing ideas
The support seems to be in place to keep prices above $ 7500 barrier, although commentators point to a near-$ 7,000 decline before a reversal occurs.
Bittcoin's losses have also triggered secondary implications for alternative currencies across the top 100 as followed by "https://coinmarketcap.com", where the vast majority has lost at least 50 percent in the past 24 hours more than bitcoin itself.
Overall, digital currency markets have retreated more than $ 100 billion from their combined market value since yesterday, February 1.
While markets appeared not to be interested in South Korea's "know-your-customer" legislation, which will enter into force this week, comments on Indian Finance Minister's legislation in a budget speech on February 1 were causing the losses to accelerate.
Although local stock exchanges reported that the words of Finance Minister Aaron Gaitley did not include any new information on how legislators would deal with this area, both journalists and mainstream media announced a "ban" on bitcoin in India after the speech.
This has had a significant impact on circulation, although there has been repeated assertion that there is no explicit prohibition planning in the area.
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @faissalchahid
- @seniorpower
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Hello @cryptographic,
In this new year all crypto traders got two main discount offers so far. Today was one of that discounts. I think it's a limited time offer & unfortunately I didn't get a chance to buy BTS in the dip.
Going to put in some more bids just in case we take out lows on a secondary spike down.You got an extraordinary good entry point. Willing to try my luck if market drops once before it rise as usual. Extraordinary good article & chart analysis of yours is very useful to the community. Thank you.
~@mywhale
Im see a chance to invest.. :)) @cryptographic
Definitely the right decision steem a very good investment. I have received all of the investment funding from Steam from $ 3.21. I personally think that steem is the best crypto money. Just one month after that, Steem will go above his level. I'm leaning on my seat now and waiting for steem to rise. I know this investment is right. I trust Steem. Send me relief with such a share. Thank you @cryptographic
we are getting another chance to go shopping at discounted prices! You should take advantage of it while you can as it is highly unlikely that the prices will ever be this low again after the market recovers... A year from we are probably going to see coins like BTS over a 10-15$ each, you will be kicking yourself if you don't buy some now and hold them for the longterm, which is exactly what I am doing.
upvoted and resteem done
Oh great post sir... It's really important for us... Thank you for your grate post.. ✌️
I placed my buy orders even lower. Still waiting for a lower low but, yes, seems good time to get in!
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @anikhassan007
- @anik-hassan
- @fazlehassan
- @kinggo
- @shuvrokhan
- @rahuljoy
- @sohelkhan007
- @rockykhan
- @alex-linda
- @anik1998
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steem, eos, bts, ada anytime is a buy time. impressive article & btc is not a good place to invest our money. why we bother about them whole we have the best :) buy low & sell high strategy can test on btc, if someone wish. but not a best trade at the moment. valuable market analysis from you. thank you. @cryptographic
A bit frustrating that I'm not positioned to take advantage of these sales. This is what happens when you FOMO during the euphoria phase and load up a full position. I wonder if you had put a penny bid, whether or not it would have filled during that capitulation move...
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @anikhassan007
- @anik-hassan
- @fazlehassan
- @kinggo
- @shuvrokhan
- @rahuljoy
- @sohelkhan007
- @rockykhan
- @alex-linda
- @anik1998
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i already got some benefit....and thinking of of buying some BTS too.
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @anikhassan007
- @anik-hassan
- @fazlehassan
- @kinggo
- @shuvrokhan
- @rahuljoy
- @sohelkhan007
- @rockykhan
- @alex-linda
- @anik1998
Mr. MagooCheck our latest multi comment spam update report
i invest and reblanced nicely between the top crypost cardano seems to be my currently top favorite and then iota is yet to show its upward moves apart from that some new coins like ethlend,electroneum holding for long what else you would suggest for long term holding
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @anikhassan007
- @anik-hassan
- @fazlehassan
- @kinggo
- @shuvrokhan
- @rahuljoy
- @sohelkhan007
- @rockykhan
- @alex-linda
- @anik1998
Mr. MagooCheck our latest multi comment spam update report
I suppose we could drop ANOTHER 50%, but I bet it’ll be fast when it happens and the r/r seems iffy on catching it.
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @anikhassan007
- @anik-hassan
- @fazlehassan
- @kinggo
- @shuvrokhan
- @rahuljoy
- @sohelkhan007
- @rockykhan
- @alex-linda
- @anik1998
Mr. MagooCheck our latest multi comment spam update report
wow...!!! what a nice post @cryptographic .. it's really important us . i like your Who got the best fill on BTS? post. thanks for share the post
it was certainly a phenomenal day to have numerous purchase orders looking out for this BTFD minute! Such huge numbers of coins, for so shabby
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @perry1
- @max1994
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good steem post
well done sir .. upvoted and resteem done
well me i am safe ...but i think i should gat some now is the time
wow...!!! what a nice post @cryptographic .. it's really important us . i like your Who got the best fill on BTS? post. thanks for share the post
@cryptographic - Sir this time my luck worked with BitShares... If I get more money I'll buy more EOS too... Good buy time Sir... Nice you decided to share this update while market in a big drop...
+W+
@cryptographic . thank sir good and great job bro..we always with you..dont bother about that falging..##Upvote/Resteem###
Great post! As usual, I get a lot of valuable information from not only your post but also the comments section. Shows how much value this community gives! Thanks!
didn't enter to the trading & hodling steem, bts, eos, ada (you said you left it). but chart says good buy markets for bts & steem today.
mainly on bts it's a huge buy market.
impressive article & good discussion about your best crypto portfolio coins. @cryptographic
@resteemia
I was right in around the same price as you. I lucked out on my timing. I bought the tokens and it immediately shot up over $.30.
I was in somewhere around$.255 with fees...hard to tell exactly because I bought LTC first to convert to BTS.
Also, here is a good post by another member on BTS...I hadnt considered this angle. I hoping posting links is helpful to you.
https://steemit.com/cryptocurrency/@pandorasbox/i-think-i-m-starting-to-get-bitshares-bitcny-market-cap-grows-a-lot-china-moving-to-dexes
Excellent time to buy to be honest opportunities like these don't knock twice time to get on the board :D
oh i just successfully missed this opportunity oh noo
seems like i bought it at a very high then well i got nothing to do but just need to hold them
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a bit high i bought some from the very low point i will keep hodling it :)
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@cryptographic yes! It was fishing time for bts, steem and eos. Some got big fishes and some smaller ones.
Its impressive how being on steemit, makes many people wise, and your posts on rebalancing and buy low and sell high seem logic for some people, but they don't really follow that.
Its interesting how we can change our thinking to really sell on highs, and then rebuy on lows!
Thanks for all those great posts you shared about crypto trading.
Regards, @gold84
Again cryptosale with heavy discount...best time to buy because i think it is limited time offer....i bought steem vechain and eos...i already got some benefit....and thinking of of buying some BTS too.
resteem your post sir...@cryptographic
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @perry1
- @max1994
Mr. MagooCheck our latest multi comment spam update report
Mr. Magoo found these accounts are suspicious & can be multi accounts of a single owner. Conclusion is based on last 30 days transactions:
- @faissalchahid
- @seniorpower
Mr. MagooCheck our latest multi comment spam update report