CanaTrader
Giá xuống

Short XRP, clear as day.

BITSTAMP:XRPUSD   Ripple / Đô la Mỹ
Completed market cycle. This thing is done. Time to take profit. Nothing more to say.

It's been one hell of a run.
Giao dịch đang hoạt động: Yes, my entry was shit. But here's what I know.

- Ripple pumped to 1/5th of the entire crypto market cap at the peak.
- It blew by Ethereum like it was standing still.
- Their coin structure (100,000,000,000 fully diluted) is designed to fool casual investors into believing "the coin is cheap"

These beliefs influenced me into entering the short too soon. Having said that, I very much stand by my short and did average my position up as it continued to peak out. I do believe we are in store for a very significant pullback, and that my short will be very profitable by the time I close it.

Sorry about the shitty initial entry, it happens. Sometimes you're the bug, sometimes you're the windshield.
Reply
bet you wish you didnt now ....
Phản hồi
CanaTrader bob0tehclown
@bob0tehclown, What are you gonna do. At least I had the balls to put it out there. Moving on.
Phản hồi
Short the shit out of this
+1 Phản hồi
Never count out exuberance and a Coinbase listing - I am not a good trader, so I just hodl - for someone like me, exuberance and the Coinbase listing will put XRP in the $4 range.
Phản hồi
@undersun, not on this move, no chance.
Phản hồi
Yes, my entry was shit. But here's what I know.

- Ripple pumped to 1/5th of the entire crypto market cap at the peak.
- It blew by Ethereum like it was standing still.
- Their coin structure (100,000,000,000 fully diluted) is designed to fool casual investors into believing "the coin is cheap"

These beliefs influenced me into entering the short too soon. Having said that, I very much stand by my short and did average my position up as it continued to peak out. I do believe we are in store for a very significant pullback, and that my short will be very profitable by the time I close it.

Sorry about the shitty initial entry, it happens. Sometimes you're the bug, sometimes you're the windshield.
Phản hồi
Lol. Nevet make a prediction in analysis. Let the market tell you what its doing first. Besides, momentum was saying it had a long way to go.
Phản hồi
bilalghalib finlayson00
@finlayson00, what's the momentum indicator?
Phản hồi
finlayson00 bilalghalib
@bilalghalib, RSI (Relative Strength Index) Measures rate of price change, for me by close and an 18 bar count. Pin it to volume, price formation and action, and moving average. Simple setup. Youll see we are nowhere near bear market territory.....still has room to fly high.
Phản hồi
CanaTrader finlayson00
@finlayson00, I may have picked my top poorly, but this thing is going to pull back eventually to the 70c range for consolidation before it passes that high again.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất