Daily crypto hate: the 50% rule

3 thg 9, 2018

I do not know if this is even known by anyone but me XD
Well here you have it, there is a 50% rule in markets. Enjoy.

This does not tell you where the bottom is, just when to start considering investing. It is simply one of the MANY conditions.
Could go 50% below, could go 5% below, could go 100% below!


Nasdaq example:


Gold: the champion of human greed. Do we have to take inflation into account? XD


Silver example:


General electric:


et cetera

Bitcoin by the way :)



For now sadly there is no way to tell with great certitude where the top will be, 7400 8000 9000 12000 even, maybe even more!
There is no way to simply bet on Bitcoin going down, so all we have is shorts that every one wants to see get liquidated...Pretty bad...

One could slowly short it with no stop loss progressively, more as a hedge to go long when it reaches support than as a profitable trade thought.
Idk maybe we get large divergence on the daily chart...
At 7400$ there are many reasons to think it will be the top that is far from 99% sure. Sucks.


I wonder if dormant wallets with billions of dollars worth of crypto on them being reactivated is a good or bad sign? :/

This is the trendline I mentionned:

3 thg 9, 2018

Ghi chú

Brace yourselves the bad news have started to drop?

ccn.com/former-paypal-ceo-brands-bitcoin-a-cult-trashes-use-cases/
cryptoglobe.com/latest/2018/09/250-million-in-fake-volume-on-bithumb-generated-daily-by-exploitative-user/

3 thg 9, 2018

Ghi chú

Here is the example of a crypto bull that usually can control himself now feeling very nervous and anxious.

steemit.com/crypto/@praeliator/here-we-can-see-an-example-of-a-nervous-crypto-bull-starting-to-feel-very-anxious

Think of "NEIN! NEIN! NEIN! NEIN!".

By the way, yes I appear to be treating human beings like guinea pigs but this is what TA is about: understanding people emotions. It doesn't mean people are disposable meat.