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I find that for confirmation of a bear market, you usually need something like a lower low. Of course each person has a different assessment, but usually its already after a good correction. For stocks, many say 20%, but with crypto being so volatile, 20% is nothing. Clearly the best time to...

Out of curiosity, how many of you guys do you think are waiting to cash out at 100k? Can BTC really absorb all that selling? Its like real estate. If all of a sudden mortgage forbearance ends, and all the houses that are underwater get listed on the market at the same time, the flood of...

I don't understand why there are even any bitcoins to buy. I mean if for sure we are going to 100k in to time, and if we will get to 400k this year, then jesus, it makes no sense to sell if you have any. And if you are mining, just borrow cash at literally no cost to cover overhead like...

How about fees? Could this be a reason to get involved? From what I have been reading, its about $15 to trade BTC, but I'm not sure how the size of your trade affects this. ETH is apparently even higher. But if the fees are more in line with trading the micro ES or micro NQ, then I can see...

Its easy to see how this happened when you change the rules of the game. You have super low interest rates for years. You have the FED pumping in trillions. You have Trump cutting taxes on corporations. You have the government giving out free money. So essentially, every single...

Does this all mean that transaction costs are too high? Is the CME going to get jealous?

From the article, in reference to tether being fully backed by reserves, this sounds really promising... LOL "Those reserves, according to Hoegner, “include traditional currency and cash equivalents, and may include other assets and receivables from loans made by Tether to third parties."" I...

Turning out to be a great call. Do you have a target or hold time?

So how is this so important since it deals with a stablecoin? It seems like everyone loves the idea of crypto, but its too volatile. Once its no longer volatile, then what will be the point of holding crypto? I'm sure most are in it for price appreciation, and some just temporarily for...

Excellent question, and I'm not even sure if what I suggest can work, but I figure it might. I think this was the whole idea behind stablecoins like tether, no? Trade out of BTC of ETH if you wanted to capture gains, but didn't want to incur a tax, so you trade into another coin that is...

Maybe you can buy a Tesla and avoid paying tax on the capital gain!!! You are after all just exchanging one asset for another without money involved. If you have a huge gain in BTC the last thing u want to do is convert into cash in order to make a purchase. And if this is in fact possible, I...

We are hopefully at the climax of stupid. Good for him for working hard, learning to code and getting lucky eventually. But with 99% of his wealth still in crypto because he believes everything is going virtual just shows how dumb his generation is. "Money is virtual, land is virtual and...

So why are you even touching the ES? I understand you want to make your money back, but jesus, at 10 times the size of the ES, its nuts. I find it difficult to see what is going on in your chart, and it would be much more helpful if you can show it on a 1 minute, or even lower time frame since...

Ironic you say this considering that in the post above, its the ES that cost you money but MES made you money. But never mind that. Can you really tell us what it is that you are trying to achieve with this chart? I don't want to be the guy who criticizes someone else's trades, but I fail...

Care to elaborate? I see anything from 5 to over 20 points. Of course depends on how you measure this.

This brings up an interesting question. Your son clearly has you genes, and he also has your mentorship. How successful would he be in trading if you were a doctor for example, and he had to figure this shit out by himself? Similarly, how likely is it that you can take a random trader from...

Didn't Kraken have that huge slippage on ETH not even like a month ago? Yup... here is an article. Imagine being taken out at a level that other exchanges didn't even come close to hitting. https://www.coindesk.com/ethereum-flash-crash-kraken-crypto-markets

I think for him its something like $40 or 60 if I remember correctly. So in my opinion, the only way to reach BE is to sell a shit load more up here and hope for $100. I think going down to $40 will take a very long time, but none of us really know.

Sounds to me like Math_Wiz has you on ignore. LOL... When you see a poster reply with no quotes, it quite often means that the person they quoted you can't see. Here is what it looks like and its clear who Dustin was replying to.

Completely agree. I have no idea why the platform doesn't store data after its already downloaded. Working with Sierra Charts in comparison is a breeze, even though I do use the IB data.