I just got some $195s on ETH/USD ..
thats awesome, but im nibblin here.. Very small orders, getting ready for that huge panic.. If it can stay under $200 for an hour or so, there should be a dump.. but if it manages to keep above $200 we might get a good bounce.. that $200 is everyones line in the sand.. But for those investors who expect Ethereum to skyrocket to over $500 soon (me), then this is a gift.
Come on panic people.. lets get a dip into that safety circle!!!
I've already had over 24 trades execute today.. what a wild ride.. So many good trades, and it might go on all night..
Luc
Nice, looks like we may have just gotten a capitulation move. Not a bad place to buy some at all.
Im urging everyone to sell everything that they have, go into panic mode, and dont look back
Im not saying this because i want $50 ether...
and i am not CERTAINLY not saying this because i want 0.05 cent ripple...
if anyone is looking to get rid of their magical evil internet money, ill supply you with wallet address on demand, dont worry, i have your back!
@quickfingersluc This might be out of the scope of what you normally talk about but I was curious if you knew anything about crypto-taxes and could break it down simply or where to find good information. Everywhere I go I find different answers. Thanks for all your help I'm a new trader but I made a little bit today hopefully it stays that way
EDIT: Found this I think it answers my question even though it was for last year
https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/Tax-Tips-for-Bitcoin-and-Virtual-Currency/INF29402.html
Waiting for the panic!
Nice tnx for shariing
Would be interested to know if the primary driver for this mass sell-off is due to an influx of ICOs looking to liquidate their ETH for Fiat. Just a thought!
its also a great opportunity to buy up any of your favorites Strat, UBQ, AMP, BAY, LBC, KMD and so many more
I dunno, this has gotten me pretty spooked. Offloaded most of my ETH the last couple of weeks. Have a feeling this could seriously panic drop.
me too.. Im sitting mainly in cash (USDT) and hoping for some low $100s but its unlikely.. I cant predict the future, but im happy to buy it up if there is a panic sell off..
just for research..what coins do you have or planning to have for investment?
Been watching ETH/USD on Kraken all day and just saw that it bounced up to 212 after hitting 200 and it looks (at least to my very novice eyes) like some volume starting happening around 7pm. Is this the time to buy heavier? Or just wait and see?
im just waiting here.. not buying big yet
Wow very interesting day indeed.
I have convert ETH to BTC this morning ..Again trying to convert to BTC TO ETH..Hope it will go down again..
This could be a great trade Luc. Here's another great trade I saw on this chart:
It's kind of scary seeing the price drop so low, but it does bounce back after a few hours lol.
Thanks for sharing 👍👍👍
Yes, as long as one holds and not sell, there's no losses yet but for those who panic and "cut losses", you will be offering that "sale" that many are waiting for.
Luc, what sources do you suggest we follow to keep updated on CryptoCoin news?
I like this guy https://www.youtube.com/user/obham001
Ive been watching too, good info. Stay Green!
I bought ETH few days ago when it still was up :( I hope that it will bounce back soon so I will be able to sell it
that is why Im trying to help traders learn my style.. If you only hold the profits you have made in ETH and BTC, then even tho they are dipping, you dont have anything to worry about.. actually, the dip will allow you to create more ETH and add to your holdings, (for Free) .. So instead of feeling the pain and uncertanty, you want the dip...and if it goes up, your happy with that too.. is always a win win
Thanks for the tips! It's always good to learn from the better :)
I just want everyone to get all the coins they want, for free.. and the only way I know of creating free coins is learning to trade.. Im not a miner or even very technical.. But I sure can trade my butt off :)
One question, when you take profits off the table, and put into your pocket, that is money you have and can spend.
When you leave some portion of your profits invested in the coin... how long is your horizon for leaving those coins in there? Like forever, till they reach some super high value like 50K BTC? Or do you just hold until at some future point they eventually give you the bounce you were initially looking for?
Are you ever worried about an exchange you are using being hacked and losing your coins?
Only if it will go up again though ;)
yes and no.. if you trade it, then you can make money in and out, and then you create free coins to hold for when its worth $5,000 per coin.. however if another project takes the market and ETH withers away, no problem, because your still trading with your original capital and you will be in the new one aswell.. basically, just learn to trade and all these coins are free..
Do you mean making profit when you buy low and sell high and buying new coins with the profit?
yup.. dont sell it all, just take your money back and leave the rest in coin
Hello Luc, i'm still trying to learn how to determine bases, it's not very clear to me yet.Also, i would love if you don't mind to do another video on finding bases and also words like "crack" , "bounce" are still unclear to me.I'm sorry for drawing you back but i feel if i ever want to go forward on trading, then i'll need to learn how to find bases.Thank you
Someone saved the videos from my old youtube channel, so I will be adding them to the new channel soon.. that might give you more to watch on the subject, but please rewatch the video I just did on support and resistance..
Thanks for finding time out of your busy schedule to reply me.I really appreciate it.I'm going to watch the video over and over in addition to other videos that treat the same topic.However, i would appreciate the old youtube videos as well.I think with as many videos i can lay my hands on, the better my understanding of the topic as well as other trading aspects.Once again, thanks Luc