Looks like i called it!!

in #leofinance3 years ago (edited)

Heres a screen shot of one of my comments from last month. Pretty good call if you ask me. Lets see what happens during Christmas and new year but i get the feeling its going to get exciting. Good luck everyone.

Id just like to point out that none of this was done with charts or technicals, more Phycology. After 8 years of witnessing the same thing happen over and over again i begun to learn that whilst charts are great, understanding the minds of the people you are in the room with is just as important if not more. That is if your a trader that is. It took me 5 years of trading to be able to get good at it, patience and persistence is the only thing that matters as well sticking to rules which you learn as you go along and make mistakes.

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Well that's exactly how it's happened so far, sounded like magic but it's been completely right. Let's wait and see if it's gonna bounce off and full bull we come.

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Just made a small sell to see if I can buy a bit more before it tries to pump again. Let's see how it goes!

Thats a bad move if you ask me. The biggest moves always come the first time it happens. Imagine a heavy ball filled with air hitting the ocean. It breaks the water and goes below based on how far its fallen (momentum) and then breaks out of the water on the way up and then settles back down on the ocean. Thats kinda how i see it. This is a flash crash and based on people taking profit and wiping out weak hands. As its a bull market it will be a case of buy the dip. Strong hands will get stronger weak hands weaker. Bull make money bears make money and pigs get slaughtered.

We will see what happens. The tiny bit I sold was my fun money in a different exchange. I've still got my largest portfolio sitting still waiting for the jump back up. If it dips lower I'll buy back at a tiny profit but if it spikes I'll still buy back at a bit of a loss. The amount as is, is at a 50% profit of what it was so I’m not worried too much. Appreciate your perspective though, I hope it plays out! I wouldn’t mind a dip down to 14k again hehe

only thing that could pull it down there is the news out of america regarding wallet regulation. I think the timing of it is just another attempt by TPTB to steady the price. Bitcoin will be banned in china again once we start popping above 20k lol.

Yeah I just checked the prices a d my trade was positive, sold at 17.8 and bought back at 16.8! Not the biggest swing but my amount I sold ended in 2 and when I bought it back with the money it's now up to 7! There's more numbers there but secret how many :D not big money though lol

Well sir looks like you know the future.

Ha ha. I see myself in the comments section as well 😁. Do.you think it break under %15,000 during this correction.

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i doubt it but the news from America is pretty bad it might pull it down.

America rocks 🎅

Posted Using LeoFinance Beta

Well that was a good call!

I've put a little buy in around $16.4 - it could easily jitter around before going back up. I'll risk keeping it there for a few days then see where we're at!

Luckily no one can delete your content on HIVE!!

#Bitcoin is the king 🤴

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Zcash just had a block halving and is also limited to 21 million coins.

.

I was more amazed by that hit 19.2 and dump hard to 16.8 and backup. That's totally accurate and it takes a handful of experience to predict (or have an intuition) of market movements without considering the fundamental and technical aspects.

In my case, I got back Hiving since November 22 because I have a big feeling (intuition without fundamental/technical analysis) that Hive might be worth something more than 50 cents.

This is frankly an impeccably precise prediction. It will be trending by now if it were posted on Twitter. By the way, if you had $100k USD to invest in Bitcoin ahead of the bull run, at what price will be your first entry point? I need that advice to know what to do on my end. Cheers!

if i had 100k to invest as of now to be quite frank id be unsure as to what to do other than dollar cost average my way in. I bought some more a few months back at about 9.5k roughly the time i wrote this post. I bought more because i sensed that time had finally run out. Bitcoin is something that is running away from us all every day that passes. The thing about the market is that it will go higher and lower than you can anticipate, its like a crash course in trading in terms of pulling every emotion out you possible and unless your careful will chew you up and spit you out. We are incredibly lucky to be alive right now to witness and participate in such a crazy market. It almost like the we the people finally got hold of the money printer.

if i had 100k to invest as of now to be quite frank id be unsure as to what to do other than dollar cost average my way in. I bought some more a few months back at about 9.5k roughly the time i wrote this post. I bought more because i sensed that time had finally run out. Bitcoin is something that is running away from us all every day that passes. The thing about the market is that it will go higher and lower than you can anticipate, its like a crash course in trading in terms of pulling every emotion out you possible and unless your careful will chew you up and spit you out. We are incredibly lucky to be alive right now to witness and participate in such a crazy market. It almost like the we the people finally got hold of the money printer.

Thanks for the timeless wisdom in your response above. It turns out, of course in retrospect, that $9,5k was a perfect entry point. I am happy that I also was able to grab some at $11,8k. I'll have to agree with you that the best strategy remains the dollar cost averaging. I actually asked the question because of new investors who've been bothering me lately. Now I know what to tell them.

The way things are going, there will be fewer and fewer wholecoiners in the years ahead as we continue to see Bitcoin running up into six digits in dollar value. It is great to see what is taking place and how it unfolds.

Thanks for sharing your experience and expertise. I appreciate it a lot. Cheers!🥂

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Hello! I just saw your upvote. Thanks for it, it is well appreciated 🤗🤗🤗.

From your posts, I think you are talking about the btc. What I can say is that it's very hard to predict how crypto moves like the way you did. I am quiet new to crypto and trading in some way which I believe I still have years of more experience to gather.

Thanks again.

Came here to say thanks for the numerous upvote on my blog on sportstalksocial.
Thanks as lot.

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Hey @jphamer1,
Sorry to jump in with something a bit off-topic.
The current HiveBuzz proposal will expire in a few days.
Do you mind casting your vote for the proposal renewal we made for 2021 so our team can continue with its work?
https://peakd.com/me/proposals/147

Thank you. Wish you a happy Xmas 🎅

Thanks my friend for the huge support 🙌🙌. I really appreciate. How is work and family doing?

Nice call! Do you use peakd on here much?

Nah never.

I use PeakD, as well as hive.blog.

Greetings, I see no current posts here and hope that you can see this.
Just wanted to thank you for the votes on our posts.
Please know that we appreciate your kind support.

Interesting to find this post.

Kind ser. What’s your thoughts on the current market movement?

Its inflicted too much damage to the market, we in for a very very painful couple of years. Crypto is going to get a bad name and a bad reputation for losing people fortunes. China is out of the game, i cant explain how much this going to effect things. So much money from China was in crypto. Saylor is a psychopath, he is leveraged massively in his Bitcoin position and its going to be pretty funny to see whats going to happen.

Very interesting. Thank you for the insight. I don’t know if the stables I have will get me through, I’ve been building slowly since last quarter. And cashing out my holdings is not an option as they are my biggest hope out of poverty lol.

I’ll try to see how much more stables I can amass in the mean time.

Cheers ser.