Bitcoin is forming a descending triangle, which is a strong indication of further downward price action. Will it drag the whole cryptocurrency market further with this crash?
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I must say yes Bitcoin may be the most unassailable crypto fortress, but it bores me because it's already discovered. I like it when you zero in on unknown coin gems. Have you discussed hellogold? It's an opportunity to buy physical gold with tokens. It's also an alternative to tether.
Chart shows where we are always. Predicting the future off charts speculative. If you believe in the technology and the future then none this matters. You buy and add and believe in the future. Or trade every hour and not sleep.
Storm up against BTC too. Binance coin is down to BTC today...3.55 percent down. And down for the hour...maybe that will change soon. Also ICOs have been a disaster. Before they are listed they are dumped on IDEX and lose value immediately,
Hi B - I think we should be careful of ICOs. R_Block was one of the more highly anticipated ICOs, which I invested in, and I got wrecked... it lost 50% within minutes of it being listed on IDEX and 70% within a few days. I've heard of many other ICOs the past month being smacked down like this, and most ICOs I believe now are actually down from their private sale prices as soon as they hit their exchange. It's just a brutal bear market right now :-(
You have to find a good one, and they are rare. I love B's content but to assert you can make money off of ICO's is something that might happen in a bull market. For instance, you can get them kind of cheap at the preliminary stage but they are shorted all the time immediately after the ICO on decentralized exchanges. Most ICOs do their coin distribution on ETH....you remember the weeks and weeks to wait on CRPT due to the backlog and scalability issues? So when coins are distributed by that time people are pissed and want out so they dump and dump fast so the demand decreases and the price goes way down due to no exchange listing. It is whatever the angry person wants to take to get rid of them. That is why projects like Lisk or EOS or NEO (if they get the bugs out) are so big in the immediate future. ADA down the road. Perhaps Neblio, A chain, Enigma, etc...
Yes...I am waiting until ICOs are listed now. I was even wrecked on Crypterium which was a huge ICO and waited two months for it to go on HitBTC but by that time I had lost 70 percent. Some of this is the market...but these coins from ICOs just get dumped on exchanges like IDEX....
If you look B, anytime a green day candle is followed by the same size red candle, we go down and never hit the previous high again. But if its red, followed by same size green candle we go up...btw, you sound like b, aka lunchbox. Is that you lunchbox lol
filip pavloski WhtaUmean?
I'm *HAPPY* this is *HEALTHY* for the market and EXTREMELY *PREDICTABLE*
We can't rely on fake growth?!
I don't Understand *WHY* People are Losing Money from Jan to Now. well I understand, lack of education, but
You *KNOW* something is worth alot, and will be *worth EVEN MORE*
the prices are getting cheaper, so *CHEAP* in fact you're *automatically 4x in the profit*
Yet people are *SAD n Loosing MONEY??*
MY Channel is *DR. CRYPTOLITE*
I'm building a website and testing it's content on ordinary people on the street, once I get confirmation *they too understood what Blockchain, Ledgers, how you being your Own bank works*
Then I'll make the website LIVE.
In the meantime, I'll drop videos every 2 weeks, gradually increasing frequency, talking advanced analysis and pattern recognition over a *3 by 3 month highway gate*
Don't loose money, see you there
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