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You can tell. But its on a very short term effect, like probably seconds or minutes at most. On the mid or longer term the current buy/sell orders has little to no effect. Another way is to look at the speed of the buy or sell orders being taken up. Like others have said they could be fake...

What do you think are the top 5 cryptos that will overtake bitcoin then?

Theres 700 quintillion worth of gold in the asteroid belt. When humans have the technology to mine them, say bye bye to its value. In any worse case scenarios nothing really matters except survival.

Not now. It may fall some more now but I feel it will reach 100k by 2021 latest.

True. If it breaks 10k and then 20k. It will be too late for the masses to obtain even 1 bitcoin. How many people can afford 20k at one go? After it breaks 20k, it will be off to the races to 100k++ and it wont fall below 20k again. By then they will be mad that they did not buy some cheap btc...

If Jesse Livermore was alive today he for sure would have invested some in bitcoin and probably would have done so pretty early. One of his sayings is a person should not be too concerned on why the price moves upwards or downwards. By the time you find out why, it is already too late.

I went long at 3k. Look at the other thread. When everybody was screaming bitcoin to fall to 1k, I proposed a bet it will reach 20k first before 1k(This was when bitcoin was near 3k). I even explained that the support is ridiculously strong if it ever reaches 1kish to 2k that I dont see it...

This is not a problem. I have addressed this issue many times. There is already bitcoin1000 or bitcoin2000. Those are the "alts". Yet bitcoin price remains robust while these alts are all dead. Is like saying Facebook is worthless because anyone can create Facebook 2.0. But in reality Facebook...

The last bitcoin will be mined like in next century. Good luck waiting till then lol

Swing trading is the best i feel. Intraday mistakes can eat into your account + fees. Mostly the prices are random and dont move that much in intraday.

If both have the same expected returns than the one that is consistent is better hence Strategy 1

How much did he start out with? Actually, it is easy to win in trading. The hard part is discipline to go with the plan and the patience for the price to go up.

Lol. How can you compare trading from nothing to a billion to a lottery winner. It is impossible to trade to a billion just by blind luck.

I still think you have to give someone who turned essentially almost nothing to a billion all by trading alone some credit. How many people can do that?

I think it was because of his family problems which eventually resulted in him killing himself. He was a known womanizer and changed wives many times. His wives mostly were after his money obviously and his children from previous marriages weren't exactly in terms with the new wife. He probably...

https://2ndskiesforex.com/trading-strategies/forex-strategies/trading-lessons-from-jesse-livermore-the-worlds-greatest-trader/ It says he has 5 million left in assets when he died. Which is close to 100million in todays money. I read he bought lots of annuities in his early years too as an...

Livermore wasnt penniless. He had something like 100 over million at his death. Compared to a billion plus he still loss 90% or more from his peak net worth but not exactly penniless.

Srs i wont even recommend trading fulltime till u have at least 1 million in total bankroll.

I have a few favorites and all of them could arguably be the best. Ed Seykota (Helped a client turn 5k into 15million in 15 years, it was said the client regularly withdrew if not amount could have been higher) Jesse Livermore (I know he went bust a few times and had problem controlling his...