{quote} You expect it bounces to 8k again in months?
Ignored
Just think about it. Energy uses and ambiguous Government comments are keeping people on the sidelines. Plus that fear is leading to a lot of profit taking. When government views become more clarified, we will know it’s expected direction.
Its basically still a risky bet, when perceived risk decreases....ill let you figure it out
Humans are naturally hardwired to avoid and detest uncertainty.
{quote} Just think about it. Energy uses and ambiguous Government comments are keeping people on the sidelines. Plus that fear is leading to a lot of profit taking. When government views become more clarified, we will know it’s expected direction. Its basically still a risky bet, when perceived risk decreases....ill let you figure it out
Ignored
Roger that!
Officials and central banks ( or govt in some nations) will all have to a common ground first before we know much
as of now its not a currency. but its viewed as investment asset.
It may remain that way forever. Who knows!
{quote} Roger that! Officials and central banks ( or govt in some nations) will all have to a common ground first before we know much as of now its not a currency. but its viewed as investment asset. It may remain that way forever. Who knows!
Ignored
There is a really good George Soros Maxim. "Prices will affect the underlying fundamentals." Part of 'law of reflexivity.'
This is why we saw the common exponential growth pattern. As prices increase this creates incentive's to development the product, establish new firms, acquire holdings. Which all in turn leads to a higher price. As in a feedback loop.
Knowing that the vast increases we've had in price is leading to events which will create a vast increases in price. We can expect central-bank adoption, government acceptive, widespread usage to be among these events.
Focus currently is on development, when this is unleashed and the news of it spreads, the focus will again to return to demand.
Lot's to be done in prices eventually.
Humans are naturally hardwired to avoid and detest uncertainty.
{quote} There is a really good George Soros Maxim. "Prices will affect the underlying fundamentals." Part of 'law of reflexivity.' This is why we saw the common exponential growth pattern. As prices increase this creates incentive's to development the product, establish new firms, acquire holdings. Which all in turn leads to a higher price. As in a feedback loop. Knowing that the vast increases we've had in price is leading to events which will create a vast increases in price. We can expect central-bank adoption, government acceptive, widespread...
Ignored
I'd like to see it regulated but I like the Transparency to remain
Yep stochastics with 20 SMA AND bolinger bands works very wel on bitcoin. So much better than forex currencys. Its moves so much better
Buy example
1. 20 SMA - buy below - YES below this is discount. May people get this wrong and buy when it crosses over WRONG the discount is gone.
2. STOCHASTICS - oversold. Simple 5-3-3.
3. BOLINGER BANDS - this is your deviations and how to frame your market. BUY bottom bolinger and take profit at top bolinger.
there you have it. Discount, Market pressure and how to frame the market.
Most newbies dont know when to take profits. This simple strategy is everything. Years of experience have taught me this. Check it out for yourselves.
I have a saying 1 bolinger band to bolinger band a day keeps your bank in the green!
Yep stochastics with 20 SMA AND bolinger bands works very wel on bitcoin. So much better than forex currencys. Its moves so much better Buy example 1. 20 SMA - buy below - YES below this is discount. May people get this wrong and buy when it crosses over WRONG the discount is gone. 2. STOCHASTICS - oversold. Simple 5-3-3. 3. BOLINGER BANDS - this is your deviations and how to frame your market. BUY bottom bolinger and take profit at top bolinger. there you have it. Discount, Market pressure and how to frame the market. Most newbies dont know when...
Testing Bitcoin Cryptocurrency on Dynamic Market Profile
