/biz/ - Business & Finance

I have never held shitcoins, only ever traded BTC for past 2 years on margin. I can say with certainty, after researching Link for a long time ( its the only alt i care for) its charts just follow BTC. There is little point in doing TA on it. i pondered this for a long time with TA and thinking about it, as its the only alt i care for.

I dont have a position yet, i think BTC can go down more. If not, then link should find a floor soon.

If you dont believe me i can post one of my clients accounts which i trade on for, almost 100% ROI in a month

>>11168855
Dub dubs of truth. Also, that's the best comped meme I've seen.

Long the next drop. 6580-6620.

Take profit: 6860-6940

Long 6580.

You have been tipped.

>>11148014

>A fossil that just refuses to die.


A blockchain that has never ever failed or been compromised in a decade of attempts to fuck it.

>>11148021

Because Link is the 2020 moon, while BTC is easy swing trade till then to accumulate without playing the altcoin casino. It will also moon to fuck in bullrun.

0xc8187534Ba694695083Cd3b0F067048DCF015ad4

congrats. you bagheld your altcoins in desperation clinging to hope. you have been justed to infinite.

Nows the time to wake up and smell the coffee. your alts can tank so much more. I warned you weekly since May to sell.
I know people here with 100-2000$ portfolios are tempted to over invest in alts due to the "upside", but you need to stop treating this shit like a lottery. you cant make money that way. take action.

Buy BTC, have most holdings there. Accumulate it, trade it, whatever. buy alts at the bottom or at the lows, but dont allocate more than a small part of portfolio % to them. dont buy Vechink shit or obvious scams. Link is a good contender for a moon shot next bull run, but dont over invest in it. Greed will be your downfall as it already was.
PPL who made it from ETH did DISPITE their gamble. it was not planned.
increase your alt holdings when they show signs of life next bull run. BTC is all you faggots need yet you are throwing away your chances so some whales can have even more.

>>10936356

not gonna share it to encourage more noobs to get rekt. only thing you need to know is that if you know what to do, Bitmex is profitable.

But most noobs join, press the 25x/50x/100x button, donate their account to Aurthur hayes, and complain. Then they try "win it back" which is a awful mindset ensuring further loss. They dont know how to trade BTC, are extremely emotional, impatient, over-trade, dont know how to use leverage, and lose more or barely profit.

Then they get a lucky streak, despite shit habits, and then due to shit habits lose all or most winnings. You will find communities in telegram discussing trading and its blind leading the blind.

Basically, there is a shit ton to know before you can use bitmex. if you know, you can make good money out of it. it requires a steady hand, no emotions, good practices and a massive amount of patience. I made 4 trades this month, and i made 30% on my margin account. i know stupid fucks trading daily making fuck all.

You still have time. please zoom out. sell your alts on this bounce try get the best price out.

This so far from over, dont be short sighted, BTC has months to bottom still and pull alts down with it. you were all begging and wishing you sold just a few days ago, dont fall for the same greed cycle again.

>>10659764

Warning two:
a flood of people are selling alts to BTC. they are also all starting to margin trade for the first time as its the only way they can make gains right now.
all BTC trading communities have blown up in the past 6 weeks, especially. The sheer number of newbs has lead to communities of newbs telling each other what to do, and whales abusing this knowledge and stop hunting all day everywhere. the stop hunts are out of control since 4 weeks ago, in all my time trading BTC. I have reduced my trading from 5 trades a week to only one or two, and i am experienced.

Noobs will get fucked, and be depressed form losing money on alts then losing even more margin trading. this is the trigger for capitulation.
WARNING: If you are new to margin trading, DONT FUCKING BOTHER, or stuck to 3-5x leverage.

>>10635644
3rd world hasnt fully caught up to the internet yet, so a small website/seo biz. Offer to build basic websites to every service provider in town and get their services properly listed on google. Your only starting expenses would be:
>Proper internet
>Three computer nerds' salaries (they dont even have to know web developing beforehand, WordPress pages are effective and easy as fuck to build)
>Three ok-ish desktops (1k each or less)
>Some office space anywhere in town
Seeing as it seems to be an entrepreneurial thing to boost the town, offering to properly usher it into 2018 sounds like an idea well worth the investment

Also
>Checked

>i'm down everywhere else
>LINK is saving my whole portfolio

XRP/BTC/ETH/Doge/NEM/XLM/XMR

Buy these at the bottom of dispair. These are the coins of maximum opportunity next bull run and the only ones you can trust. This is a warning. Do not buy any fucking shitcoins. Link may be a moon shot but dont all in like an idiot.
Still holding alts? It's not too late. sell the next relief rally if to USD, or now if to BTC. I have ben warning you all week. Your shitcoins WILL DIE. half of the to 200 will not survive this. many are ones you think are legit still. there is an easy way to identify it, see cont

BTC/ETH/XRP/XMR

These are literally all you should be fucking holding for the next bullrun. Everything else is shit that only existed to take your fucking hard earned money. huge private discounts for whales...
Just like last time, nobody wanted to hold the top coins, yet they mooned the hardest.
there may be 5 other projects worth holding.
stellar/Link/LTC/Doge/Nem.
A further ~10 with moderate risk.

Wake up. see the market for what it -IS- not what you think it should be. there are easy ways to identify them.

Look at these snapshots form the last bubble of 2013.

BTC peak Dec 2013 - https://coinmarketcap.com/historical/20131201/

BTC approaching bottom - https://coinmarketcap.com/historical/20141005/

BTC bottom - https://coinmarketcap.com/historical/20150111/

look at which alts are there and how they change. Then ask yourself if you recognize any of them? "Oh, they were all BTC clone scams". you realize everything now is an ETH wanabe clone with small adjustments which do not justify it. ETH can even be updated unlike BTC.

Notice which coins have stayed there the entire time till now? Buy them only, and only buy them at the bottom. there is a reason for this. Sell everything else when you get the chance. you may not have been here to see it, but the rhetoric was the exact same last time. There may be only one or two alts that remain which were birthed now.

>>10556631
checked

I realised waht is happening with Crypto, and its great.

If i were to be holding altcoins, i would definitely sell them and take as much profits as i could within the next 10 days.
Same goes for Bitcoin.

average your buy backs when BTC is around 4.8k or lower for the greatest chance of wealth in generations.
Some alts are not surviving, but this is good.

>>10476266

this is like the 5th time i rolled a green in one of these threads. i want to believe

Successful high leverage Bitmex daytrader here. I consistently grow my account by 2-5% on each day that I trade. I like you faggots and I'm willing to share my knowledge and answer trading related questions.

>>8534288
Checked
BizPol Now!

>>8149300

Don't know about you guys, but I'm masturbating furiously
Sunny is gonna make me rich!!!

>>7507214

0xbD3f4c8408cEb68AB9D5F37E73103BB89D3fc8e6

>>6745999
Holy shit my bad didn't notice 'dem dubs!
>Checked