Follow my every move

[CryptoKujira]

To be fair that's 1.5 trillion, not quadrillion.

Good point. my math is shit after 8 zeros. Lol

 

[Metatrons Cube]

If I were to hold just one out of the three, I would feel as if I was leaving money on the table.

So you'd feel like you were leaving money on the table if you yielded a higher return from removing the worst performing of the 3 assets? Would you also feel like you were leaving money on the table if you properly analyzed the potential of the top 50 assets over the coming 3 months, and then selected a basket that performs significantly better than the 3 laziest choices possible?

This really is a once in a generation opportunity so, for me, there is no room for fear or laziness. It's important that I hold all three.

If there were no room for laziness, surely you would learn about formal financial theory and the real mechanisms that drive crypto markets instead of creating a table with some basic information and then telling people that don't know a great deal about cryptocurrency investing that they should buy and hold 3 of the safest crypto-assets available for an undeniably safe period of time.

If you wanted to ask me what is the surest bet possible, buying BTC, LTC and ETH and blindly holding for 2 years would be way up there, but it didn't require any kind of real understanding of crypto markets to make it.

I am not the type of person that would look to over-complicate something that is simple.

Crypto investment is anything but simple. It's everyone at the tail end of 2017 and through 2018 that thought it was 'simple' that got utterly raped. The problem was that that mentality took over and people riding the upward trend thought they were amateur quants. If you think that crypto investment is 'simple' then you're primed and ready to take your rightful place in the next huge crash.

For instance. Let's say you're buying DASH. Well, what does "buying DASH" mean?

Is that DASH/BTC, DASH/LTC, DASH/ETH, DASH/USD, DASH/USDT, DASH/EUR, DASH/XMR or DASH/CNY?

That's 8 seperate trading pairs.

The chart for each pair is different.

Let's say you're trading DASH/BTC, what you're essentially doing is betting against BTC.

The base currency is virtually irrelevant. You're not betting against BTC, you're 'betting' (although hopefully not betting) for DASH, against all potential base currencies. If you expect that DASH will strengthen against BTC, and it does, but the market loses heavily against fiat and both DASH and BTC make losses against USD, then does it matter that DASH is now stronger than BTC?

Well, trading against Bitcoin while it is rising in value is literally the purest form of financial suicide.

Yeah, this is patently incorrect. You've got a right to your opinions, but you really shouldn't be palming them off as truths - especially when a lot of what you're saying is potentially dangerous for new traders.

Following an existing trend blindly, just because, is idiotic and the reason that so many new traders fuel the tail end of pump and dumps.

The purest form of financial suicide is listening to people who know 5% of what they need to know in order to reliably make profitable trades and to base your trading off their 'wisdom'.

It's easy waiting for trends to be positive for weeks and then claiming you have a winning strategy to go with the upward momentum. You might end up being right this time, but it doesn't mean that you know what you're talking about, or that you should be doing it with a clear conscience.

This is why i have extreme caution and doubts about people that refer to themselves as "crypto currency traders" and/or "crypto currency experts."

Anyone that has traded cryptocurrency is by definition a 'cryptocurrency trader'. I'm also wary of people that proclaim to be in a position to advise people on crypto investment when they don't seem to have the credentials and are really just boosting their own ego while letting other people put their money at risk on silly strategies.

The fact is, the two largest markets throughout the landscape of cryptocurrencies is BTC/USD and BTC/CNY... as far as I'm aware, USD and CNY are not crypto currencies, these are fiat currencies.

Revolutionary thinking.

Therefore in order for you to be successful in the crypto market, you must also gain an understanding of the foreign exchange market

Obviously this is just incorrect.

It's a game that goes very deep once you decide that you going to take it seriously.

And when would that be?

Regulation is an area that is impossible to predict.

No it's not. Anything that has already occurred can be used to reason about future potential instances as well, and even without there being a single instance of regulatory legislation enacted, you could still use similar situations of oversight to create (probably fairly accurate) predictions of what certain bodies would do. Luckily, there's already a wide array of different regulatory legislation around the world surrounding dlt and cryptocurrencies that you can logically reason about.

Regulation is an area that's impossible to predict if you don't have a clue what you're talking about.

 

[sky007]

I don't understand your point at all, Why you think Crypto (top 3 in particular) should Rise? Facebook coin coming up, potentially Google, then All of those big Corps as well, maybe Amazon too. I think Crypto should FALL in price... I mean total Capitalization in Crypto will Rise, but Bitcoin will lose it's market share... 98% of the people, won't ever buy Bitcoin but I'm sure they will trust Google/Amazon/FB coins much more, surely they will get a chance of CHARGEBACK/ Dispute/consumer protection, if somebody steal their funds or break the contract.. Bitcoin have ZERO protection, like if you send Coins and never received stuff you paid for? What can you do? What is your options? NONE. Capitalization in CRYPTO will spread..There will be no 100k Bitcoin and 2k Litecoin nonsense... Picks are already behind us... I see ZERO reason to pay 8k for BTC.. Why??? I think it worth $500-$1000 at most.. If you think it worth 100k, well you buy then.. Good luck...

 

[sky007]

Definitely not correct, not even close.

Hypothetically, USD:crypto trades are banned by the US - trades on any exchanges that don't rely on USD (see above example) are withdrawn in crypto to be OTC sold for USD in the US (literally IMPOSSIBLE to ban effectively) or are withdrawn and converted down in fiat other than USD (anyone else on the planet other than US citizens).

.

I said Federal Reserve totally control USD float ... All USD transactions going through FED...
What you mean OTC Exchange... ? Ban will eliminate 80% of volume in the first 5 min.
Without FIAT Crypto have NO VALUE, Nothing.. Just Empty Zeros on computer...
All top Today coins will lose their market share to big CORPS.. Then you will have BTC at $100
LTC at $5 where they belongs...

 

[Metatrons Cube]

I don't understand your point at all

Maybe you should try. You'd see that it has very little to do with either of your last posts.

 

[Alex0808]

Lol

Author's post gives me thrills...
Waiting for the day when you make the profit.

 

[Tipitip]

What about DogeCoin

 

[Val ii]

I have seen so many people offering trading groups and signals. The majority of these people are scammers and not to be trusted.

It doesn't make sense that someone who is so good at trading will give advice and expect to be paid for it.

If they're so good, then why can't they do it for free?

Why are they spending so much time posting videos on youtube and making posts on Instagram and Twitter?

I have decided to make my portfolio publicly available to you guys. FOR FREE

This isn't about me, this is about you guys. I know some of you have been here for years and haven't been able to capture the major rewards from crypto that so many people have.

My portfolio:

1. BTC 2. ETH 3. LTC

Instructions: You must have positions in ONLY the assets listed in this post. Do NOT buy anything else. Just Bitcoin, Litecoin and Ethereum. You must not sell until I change the signal. I will post in here on a daily basis so you guys can ask question if you'd like, and I'll answer. But please follow this rule you must not buy ANY other cryptos, and you must not sell these coins until I change the signal. This trade may take longer than one year, but - I PROMISE YOU, you will make BIG money so long as you follow the rules.

Will post daily updates!​

Wrong.

i actually helped a friend of mine and taught him everything I knew at the time it took 3 months and took time out of my day to help him for free.

People can charge to help new clients because it's called work. Nothing in life is free. People can help as a free gesture. But someone who has mastered the art of trading, it can be worth the money.

Me personally I taught myself everything i knew. I started with small money and when i was confident enough, i put in big money. That's what i recommend. I also recommend finding one friend or a few to start the journey because a few minds is greater than one.

The number 1 rule of trading: Do whatever makes you comfortable



I have have invested my entire trading fund into these three assets because, personally, I am 99% certain of the outcome.

In situations like this, you can never invest enough.

It's like in 1992 when Stanley Druckenmiller informed his boss (Geroge Soros) about his plan to short the British Pound (GBP)

After explaining that he had put 100% of Soros' fund into the trade, Soros scolded him and directed him to put 200% of their holdings into the trade (via loans etc)

This really is a once in a life time opportunity.

But, if I was new to investing I would only risk an amount of money that I wasn't afraid to lose. This is the most safe appraoch.

Again, this is not financial advice - just my own personal opinion

Put some funds into the new coins on recently added on coinbase. Those have a higher ROI than Bitcoin which has already sped up. If youre thinking longterm maybe but the market is unpredictable honestly.

 

[Mike Tython]

how do you feel about xmr/monero? BTC not being fungible anymore is a big issue

 

[tenbagtommy]

Wrong.

i actually helped a friend of mine and taught him everything I knew at the time it took 3 months and took time out of my day to help him for free.

People can charge to help new clients because it's called work. Nothing in life is free. People can help as a free gesture. But someone who has mastered the art of trading, it can be worth the money.

That's interesting...

For me, I look at it differently.

Using the word "Client" denotes that there is some sort of a recurring business relationship in place - which in itself denotes that you are a professional education provider, as opposed to a professional investor.

I sincerely believe that you can not be a true professional of more than one field.

Now, obviously, there are professional investors that take on "clients" such as Hedge Fund managers... Fund managers... and etc .. BUT, they don't provide education. They provide their expertise, which is investing.. they then take their fee out of the results (profits) that they produce.

In my opinion, education should always be free.

The only time where education is not free is when you're dealing with professional educators... For me, this is a flawed concept...Someone who spends 8 hours per day delivering "education" lacks the knowledge of someone who spends twice that amount of time investing and managing funds.

But..It doesn't mean you're wrong, someone else may agree with you... it's just, our perspectives are completely different...

So, personally, i disagree with your statement.

Put some funds into the new coins on recently added on coinbase. Those have a higher ROI than Bitcoin which has already sped up. If youre thinking longterm maybe but the market is unpredictable honestly.

I don't invest in unproven assets.

There is much more to crypto currencies than what you see on surface level. Which normally causes some disconnect, especially when I'm speaking to market outsiders and newcomers.

There is so much that market newcomers don't understand about the dynamics that create price movement.

But - for me, it's interesting that people struggle with this since it really doesn't take an above average level of concentration to work it out.

Price manipulation is the foundation of all price movement that occurs throughout the crypto currency market.... and it isn't a bad thing.... It's a good thing.

Price manipulation is always 'initially' a very inexpensive excercise.. Untill you have attracted genuine buyers into your asset... Genuine buyers = Genuine sellers...

Without genuine sellers, you can buy and sell to yourself all day/night/week/month/year - the price will increase, as will the volume - BUT, this ALWAYS attracts genuine buyers. Which is when you have to start spending money.

When genuine buyers buy into an asset at an artificially high price, they place their sell orders at levels that are even higher than the initial artificial price level...

Now... my ability to judge which assets are the best to buy into, is my ability to asses which assets are able to support higher artificial price levels.

Bitcoin fits this description as it has hit a new all time high (ATH) every 5 years. Litecoin also fits this description... as does Ethereum.

In short, the operators (creators) of these assets have enough financial capacitiy to buy Genuine Sellers out of the market at artificially high prices - which in turn pushes prices into even higher articificial levels - which attracts even more genuine buyers - which allows the operators (creators) of these assets to have a consumer base to sell their (initially worthless) coins/tokens to.

This is the game that is being played.

The image above displays how uneven and unbalanced the distribution of Bitcoins supply is.

In fact is shows that there are 25,602,343 Bitcoin wallets in existence, yet 97.13% of these wallets (24,868,309) contain balances of less than 1 Bitcoin.

Further still, looking at the image we can see that that 374,653 BTC valued at 2.9 Billion USD at the current exchange rate is divided between only 3 Bitcoin addresses.

There are 17.62 Million units of Bitcoin in circulation.

Out of this, more than 16.9 Million units are in the hands of a mere 2.86 percent of market participants.

Now, I pay close attention to those 3 address that hold 374K+ BTC... These are the market makers.

These are the individuals (or group of individuals) that are due to benefit the most from higher prices - as this will attract more buyers, for them to liquidate these holdings in a controlled manner without absolutely obliterating the market.

For them to do this... they must first push the price of bitcoin higher.

If you're paying attention then you know what this means. It means that this large holders aren't making money whilst the price is rising.. they are spending money.

These large holders only make money when the price is falling.

Which is why we have been seeing the following cycle take place:

The market makers cannot liquidate their holdings (turn their initially worthless coins into cash) without first boosting the price.

Now - the thing that intruigues me the most about this is the fact that - whoever is control of managing the price of Bitcoin has pockets that are IMMENSELY deep!

Not only are they able to buy genuine sellers out of the market at high prices, they have (consistently) pushed the price TWENTY TIMES HIGHER during each round of manipulation.

BTC/USD does more than $20Million worth of volume on a daily basis - so this is something that is amazing to watch.

But - my confidence in bitcoin comes from the fact that. These large holders cannot cash out 300K worth of BTC at these levels... it will damage the market in an irrepairable way, they must first boost the price (severely) to attract an even larger pool of new buyers into the market...

This is what they're in the process of doing as we speak... they will be doing this over the next one year and a half.

Therefore - I will be STAYING PUT! I am holding my positions, and I am not selling untill it's right time to do so.

As it stands, I am holding BTC, LTC and ETH..

Also, I will not be buying into any other (unproven) asset that is operated by unproven individuals who haven't shown that they have deep enough pockets to support their asset as it attracts genuine buyers.

 

[Prasmatic]

We just passed 9k
Is this the right time to go all in? What about libra coin should I buy?

 

[MisterF]

Is this the right time to go all in?

Please tell me you are joking here?

Or at least tell me this is play money, you can afford to lose.

People aren't qualified to give investment advice on here, keep that in mind please.

 

[CryptoKujira]

Please tell me you are joking here?

Or at least tell me this is play money, you can afford to lose.

People aren't qualified to give investment advice on here, keep that in mind please.

From his comment about buying Libra coin (as an investment) tells me he's probably not joking. People just looking to get rekt I guess.

 

[Prasmatic]

@OP how you are so sure like this about bitcoin? I think aswell best thing to do is correctly time and get in during correct period and then to hold like the way you say

I have seen story about libra coin from Facebook, this seem to me like ultimate crypto if Facebook force all their user to pay advertising with libra and things like this. Maybe libra become useful

 

[tenbagtommy]

18/06/2019 UPDATE

Hello guys, I hope all is well!
My initial post was on 13th May 2019, and since then my portfolio has increased in value by a combined 45.5%

1. Bitcoin (PRICE ON 13 MAY 2019): $6,863.75
Today's Price: $9,232.46
GAIN: 34.5%

2. Litecoin (PRICE ON 13 MAY 2019): $84.35
Today's Price: $132.06
GAIN: 56.5%

2. Ethereum (PRICE ON 13 MAY 2019): $185.50
Today's Price: $269.70
GAIN: 45.4%

COMBINED GAIN: 45.65%

Analysis
The market is performing as expected and, overall, is moving upwards. I will be engaged in this particular trade for the next two years. During that time, I expect BTC to have advanced in value by at least 1000% from my intial May 2019 buy in. I expect a similar gain from both LTC and ETH. Ultimately, I have stern reason to believe that my expectation of 1000% gained on each asset will be surpassed - by far. However - my expectation is a 10x return on each position. Anything beyond that point will be a welcomed bonus.

During these next two years, I will not be engaged in any form of day trading. Nor will I waste energy analysing any asset other than the three listed above. My full focus will be on this trade

This ride upwards will not be without friction. There will be some down periods, as is always the case. However, I have strong reasons that lead me to be absolutely certain that, for all three assets, each 6 month period (beginning from today) will close out with a higher price than the highest price point of the previous 6 month period. That is to say that, regardless of any downward price movement - overall - six month price activity will show a percentage gain ahead of the previous six months.

Since I am not permitted to divulge invesment advice on this forum, I will not. This is just my personal commentary on my own activities in the crypto market.

Thanks!

We just passed 9k

Now isn't the time to celebrate, I am actually doubling down and buying as many bundles of bitcoin as I can get my hands on.

It's easy to accumulate Bitcoin now, so I'm taking advantage. In a few months, you will see how difficult it will be to get your hands on some BTC.

You will have to pay premiums (above market rate) once the price kicks into third gear.

9K is cool but, 100K is cooler. That's my first checkpoint for celebration.

@OP how you are so sure like this about bitcoin?

Been trading BTC against USD since 2013.

Market sentiment is always (deceptively) low during this stage of the price cycle.

People who bought during the market top ($1,163) in November 2013 were the leaders of the Bitcoin Naysayer Club until 2017 when the price again passed $1.1K

As humans, unless we diliberately avoid this, our emotions create our opinions. The people who bought at the market top of 2017 ($19,666) are the lead naysayers today.

This cycle repeats itself, and will continue to repeat itself.

Knowing this allows me to ignore 100% of external thoughts and opinions when it comes to bitcoin and cryptocurrencies in general.

There are many people who believe that what happend in 2017 was special or unique. It wasn't... Because it also happend in 2013... And, will happen again and culminate in 2021.

I am 100% certain that Bitcoin will cross $100K USD within the next two years and that's me being conservative - the price is VERY likey to surge far beyond that.

I have seen story about libra coin from Facebook, this seem to me like ultimate crypto if Facebook force all their user to pay advertising with libra and things like this. Maybe libra become useful

Untill Libra coin has been trading for at least 1 year, I dont have an opinion on it.

Currently there's nothing to analyse. No historical price movement. No historical price behaviour = no data.

Personally - I won't be buying until there is data for me to analyse and asses, that goes for any asset

 

[Prasmatic]

18/06/2019 UPDATE
I have stern reason to believe that my expectation of 1000% gained on each asset will be surpassed - by far. However - my expectation is a 10x return on each position.

If you no allowed give advice what about teach?
How you are sure so much of 1000% this to me is something that you cannot be so sure because bitcoin is volatile, please say it here how you know this one because this interest me most

 

[tenbagtommy]

If you no allowed give advice what about teach?

Truth be told, I sincerely don't have the time to do either of those things.

The most I'm prepared to do is to provide personal commentary on my own actions within the market.

You can do with this information whatever you wish.

bitcoin is volatile

Yes, there is a high amount of volatility throughout the entire cryptocurrency market.

This is certainly not a bad thing though.

The most optimal 'wealth creation' based investment opportunities are always found in high volatility environments.

Essentially, for a person who seeks to 'establish' wealth - the cryptocurrency market is custom built to allow you to do this as long as you operate in an intelligent and efficient manner.

How you are sure so much of 1000%

You have to understand that different people approach the market in different ways.

Some people consider themselves "short term" traders, others see themselves as "momentum" traders.. and also, there are those that have a "swing" trade mentality... and so on...

All of that is cool, but - not in the crypto market.

This market is better suited to those that apply a focused long term approach.

I made a logarithmic yearly candlestick chart that tracks Bitcoins yearly perfomance - as opposed to daily or weekly performance

The figures on the Y-Axis increase by 10x from bottom to top. That is $1.00, to $10.00 to $100 and etc

For now, let's look at each figure on the Y-Axis as a price level.

You can see that in relation to its historic price movements, a move to $100,000 USD is merely one level above where we're at today.

Additionally, you can see that during each rally (consecutive green candles) Bitcoin climbs through two price levels.

This makes it a certainty that the $100,000 USD level is going to be breached during this current rally.

My confidence is also bolstered by other factors such as the upcoming block halving.

Bitcoins block reward will decrease from 12.5 BTC to 6.25 BTC on 20th May 2020

The largest miners will either accept a 50% decrease in revenue, or engineer a situation (price rise) that will ensure that a 6.25 BTC block reward is either more or as valuable as a 12.5 BTC reward is today.

This has happened every four years, and each time a block halving has occured it has been followed by an excessive price rise.

This, among other things, leads me to be 100% confident when I make the assertion that BTC is currently undergoing a price rally. During this period the price will advance by at least 1000%.

The same is occurring with LTC/USD and ETH/USD.
(Fun Fact: LItecoin's block halving is less than 45 days away)

So far Bitcoin has advanced by only 206% since December 2018, therefore there is plently of road left to travel - however, please note: the further we get into this cycle, the less the reward will be for those that are late to take advantage.

That is to say, in order to benefit from a 1000% rise in value - buying once the prise has already risen by a large percentage lessens the size of your reward.

Essentially, those that are buying during the correct stage of this cycle will come out ahead.

Again, we're already 206% into this move... So, time is ticking. Once the speed of this move increases, it will be very difficult to get onboard.

 

[Prasmatic]

Thanks for respond

I have already some Bitcoins, now I look to try and get some litecoin and ethers. Why all exchange have withdraw limit and things like this?

Which exchange you recommend to buy ether and litecoins without withdraw limit?

Edit: Bitcoin now at 10K$! Is now time for celebrate??

 

[tenbagtommy]

Bitcoin now at 10K$! Is now time for celebrate??

$100,000 is the first checkpoint to pass. This will occur during the current rally. There is still plenty of road left for BTC to travel.

Personally, I will not be selling until the end of this run upwards - which will be at least 1 year and a half from now.

I have already some Bitcoins, now I look to try and get some litecoin and ethers. Why all exchange have withdraw limit and things like this?

Which exchange you recommend to buy ether and litecoins without withdraw limit?

Edit: Bitcoin now at 10K$! Is now time for celebrate??

Best thing is to register with LocalBitcoins for BTC purchases.

Ensure that your account is fully KYC/AML compliant by confirming your identity and etc.

As for LTC and ETH, I'm most comfortable using Kraken. Again, ensure you're KYC/AML compliant to avoid withdrawl limits

 

[shiboshy]

Truth be told, I sincerely don't have the time to do either of those things.

The most I'm prepared to do is to provide personal commentary on my own actions within the market.

You can do with this information whatever you wish.



Yes, there is a high amount of volatility throughout the entire cryptocurrency market.

This is certainly not a bad thing though.

The most optimal 'wealth creation' based investment opportunities are always found in high volatility environments.

Essentially, for a person who seeks to 'establish' wealth - the cryptocurrency market is custom built to allow you to do this as long as you operate in an intelligent and efficient manner.



You have to understand that different people approach the market in different ways.

Some people consider themselves "short term" traders, others see themselves as "momentum" traders.. and also, there are those that have a "swing" trade mentality... and so on...

All of that is cool, but - not in the crypto market.

This market is better suited to those that apply a focused long term approach.

I made a logarithmic yearly candlestick chart that tracks Bitcoins yearly perfomance - as opposed to daily or weekly performance

The figures on the Y-Axis increase by 10x from bottom to top. That is $1.00, to $10.00 to $100 and etc

For now, let's look at each figure on the Y-Axis as a price level.

You can see that in relation to its historic price movements, a move to $100,000 USD is merely one level above where we're at today.

Additionally, you can see that during each rally (consecutive green candles) Bitcoin climbs through two price levels.

This makes it a certainty that the $100,000 USD level is going to be breached during this current rally.

My confidence is also bolstered by other factors such as the upcoming block halving.

Bitcoins block reward will decrease from 12.5 BTC to 6.25 BTC on 20th May 2020

The largest miners will either accept a 50% decrease in revenue, or engineer a situation (price rise) that will ensure that a 6.25 BTC block reward is either more or as valuable as a 12.5 BTC reward is today.

This has happened every four years, and each time a block halving has occured it has been followed by an excessive price rise.

This, among other things, leads me to be 100% confident when I make the assertion that BTC is currently undergoing a price rally. During this period the price will advance by at least 1000%.

The same is occurring with LTC/USD and ETH/USD.
(Fun Fact: LItecoin's block halving is less than 45 days away)

So far Bitcoin has advanced by only 206% since December 2018, therefore there is plently of road left to travel - however, please note: the further we get into this cycle, the less the reward will be for those that are late to take advantage.

That is to say, in order to benefit from a 1000% rise in value - buying once the prise has already risen by a large percentage lessens the size of your reward.

Essentially, those that are buying during the correct stage of this cycle will come out ahead.

Again, we're already 206% into this move... So, time is ticking. Once the speed of this move increases, it will be very difficult to get onboard.

Since just a few people did, i just wanted to say thank you for putting time and effort into this and making all your steps and predictions so detailed and based on facts, numbers and history. I find your thread one of the greatest i have ever seen for my last 8 years spent on BHW and i will be following this carefully for the next 12 months and i am actually really disappointed i did not find this a month ago, but its still not too late.

Although i will not be following your recommendations or wait for your signal, i will be honoured to see your predictions and attention to detail and compare it with what is there in my head and just follow my gut.

All in all you are 100% right and this opportunity is once in a generation.
It will end up good for a lot of people, a lot of people will also end up being broke.
It depends on your gut and what is going on on the political and mafia worldwide table.

To sum up its more like chess rather than gambling so if you are smart enough, pull your money out at a point that will make you happy.

Invest what you are ready to lose.