/biz/ - Business & Finance

>>28836750
If you're gonna try and swing, learn how to draw some fib lines to take some of the guess work out of it. I was able to sell near the top and made some ok swings on the way down. I've been able to increase my poorfag stack from 500 to 1200 since I started swinging a couple months ago (no job right now). I'm not saying they're gonna help you predict the price a week from now, but it can help you see where current support/resistance levels can be. I just draw the lines and place my buys/sells a few sats above or below the lines (depending on whether I'm buying or selling) and just wait till I get filled. I used to swing with my full stack, but after that last pump, I rather play it safe then be completely priced out if another huge pump comes soon. I drew pic related on Friday and haven't had to do much besides extend the lines sideways and the meme lines have held somewhat nicely besides that mega dump last night.