Search results

I think you're right. The market is so bullish right now that you can't rely on indicators, and just about all of them are over extended. There must be a lot of fomo happening right now, the bears can't even make a dip. I was expecting a dip around 17200, and we just blasted straight through it!

Yes, and lets not forget all the people who are FOMOing in right now, which could be why we haven't had a pullback yet? Also keep in mind that my previous comment was my best guess of how it's going to play out. Of course it was all technical analysis, and fundamentals always dictate what the...

True, but IMO we are going to have some kind of resistance at 20k or sooner. We are extremely over extended on most indicators, and unless we have a pullback of some kind, then history will just repeat itself and we will head straight back from where we came from.

The only difference I see is more volume with not as steep of an angle. Last time it shot straight up, this time it's got more of an angle. It's a pretty risky time to buy if you haven't bought already, 20k is going to be the judgement price that sends us to heaven or hell

Some of those cons for actual Bitcoins are just stupid user error. If you are too lazy to double check then triple check your address, that you should have copied and pasted to begin with, then it's your own fault. I have done over thousands of transfers, and not once have I ever screwed up a...

Wow how did I miss this thread??? I cannot believe the foolishness of some of the people on this page... Some of who I have known for years, (ever since I joined ET) and they are still rambling on the same self righteous arguement, "Oh Bitcoin is a way for criminals to launder money and...

Wow, that looks extremely gay.

Just keep in mind that they probably care about your best interest and don't want to see you lose. I know I have to hide a lot of things from my family and friends, and I get the same kind of peace as if I were working a 9-5 job. People don't take you seriously when you tell them you trade...

It's not over yet... We have the covid, a recession that was 12 years ago, and we have a democratic president who is looking to change everything. The perfect mix for a recession. And yes, I am going to rent until houses are cheap again. Be prepared, because in the future when we have an...

Yes but did you hear the part in my other posts about a recession every 10-12 years? Do you ever think that maybe my reasoning doesn't just have to do with politics and more like a market cycle that could get triggered by politics? This isn't just about a political issue, even though I believe a...

Depends on which chart you are going to pull to defend your argument. There are always some markets that do better with a weak economy. Even I could show you markets that did better when Obama was in office, let me go find a healthcare stock. Tell me something I don't already know...

For the 2nd time now, if you go back and read my first post I said the market went down in 2008. How hard is this for you to understand? Yes, Obama didn't help the economy. that's right. You keep bringing up how things went better near the end of obamas term like he did something for the...

Yes, didn't I already say the market went down in 2008? You did read my post right? Unemployment was down over 10% with Obama, with high gas prices and overly priced healthcare and raised payroll taxes. I don't know what world your living in, but the economy even under him was horrible. Obama...

I'm in the same boat your in. I want to buy my first house but I think with Biden having a good chance to ruin the economy the same way Obama did there is a big chance the market will go down, the same way it did in 2008. And also, that was over 10 years ago, so it seems like we are due for...

Hmmm, let me think about it...... No thanks. I'm fine with you not believing it because then you would know my strategy. You also don't even know the markets I trade, or even the time frames I use. Yet you act like your the king of trading and all indicators are worthless under every...

I wouldn't say that, maybe technicals have less relivence than fundamentals but they still have their place. If you use major indicators that most other gurus teach you when just beginning most of the time they work. However I also believe "when everyone is fearful be greedy and when greedy be...

Hey, don't tell us about it, tell the millions of other investors that believe in it as well, good luck bud!

Well if millions of other traders are trading based off of TA then TA has relevance. It doesn't matter what you think of the market, it matters what everyone else thinks.

No you shouldn't. Don't ever sell without asking me first