Baron's Crypto Trading Journal

Overnight said:
Nope, don't get it.
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Ya lazy SOB, dontcha know how to Gooooooooooooooogle? :banghead: :D

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margin_gamble said:
Cover Bitcoin at 15,200 - 14,700 and go LONG. You will be able to stay Long for months.



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Reminder: Same Bitcoin chart, same target as 5th wave down is underway having taken out the Low to the left of current action.

A big move northbound to at least the 200-day ema (green)

Prepare guns for the COVER, then REVERSE, re-load LONG & FIRE!!!!
 
I'm not really a chart person as it relates to TA, but I'm definitely getting the vibes that things are starting to look incredibly interesting, and some action on my part is coming very soon. I've been sitting on my hands all summer waiting for this.
 
Sitting on one's hands and waiting is often the best policy as it aligns nicely with PATIENCE, a grand virtue in a BEAR market.

So many traders have been jumping in LONG, thinking that its not possible for Bitcoin to crash this much. So they go against the current trend and get burned badly.

1st rule of Trends: Trends tend to continue
2nd rule of Trends: A Trend can reverse without notice
3rd rule of Trends: Once established the best policy is to jump on the horse and ride the trend to its natural extinction.

The slotter out there is yuge, yuge, yuge


https://www.theguardian.com/technol...-amateur-investors-ruined-by-the-crypto-crash
 
Baron said:
I'm not really a chart person as it relates to TA, but I'm definitely getting the vibes that things are starting to look incredibly interesting, and some action on my part is coming very soon. I've been sitting on my hands all summer waiting for this.
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I would wait for now. By next Friday (September 16), BTC should be hovering at around 17,300. Go all out long then.
 
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