Is the crypto winter over?

[schizo]

The one that I know most people use is ByBit (with VPN)

I use defi dex called ApolloX, there are others like GMX, DyDx

Man, that sounds too damn convoluted. You need to go through all that hoop just to trade? I might as well just use my TDAmeritrade to trade BTC futures. Ggrrr

 

[Darc]

This is a great Thread, due to the live analysis.

 

[johnarb]

Man, that sounds too damn convoluted. You need to go through all that hoop just to trade? I might as well just use my TDAmeritrade to trade BTC futures. Ggrrr

Can you trade long or short 10 btc with $3,000 (100 point liquidation, tho) on TD Ameritrade?

By the way, it is freakin' easy. No signups, no email, no ssn, no name, no address, no ach/wire transfer, no bank transfers, no waiting days for funds to clear

Things are just about instant in cryptos world

 

[tiddlywinks]

This where my belief in funnymentals got me on the bullish side which doesn't really take much to get me there

You're seeing the January effect of money coming into the markets, equities and cryptos

The precious metals are smelling a Fed pivot or even if not a pivot, turning on money-printer to add liquidity, all this concern of weak bond market, Yellen concerns of a failed Treasury auction, we could be turning Japanese

Speaking of Japan, they're just going rogue on their consumption of JGB's, some may think all this fiat printing needs some kind of hedge in hard money, i.e. gold, silver, bitcoin

so tl;dr, we got a tailwind on the equities market not crashing this week, Powell and his fed cohorts had their chances last week to crash the market but they didn't

Not agreeing or disagreeing with your analysis, but there is another possibility...
Interestingly, it has not been proven false, and therefore remains a possibility.

https://twitter.com/x/status/1615172545325715456

 

[johnarb]

Not agreeing or disagreeing with your analysis, but there is another possibility...
Interestingly, it has not been proven false, and therefore remains a possibility.

It would require billions of $ worth to move bitcoin by that much

 

[schizo]

By the way, it is freakin' easy. No signups, no email, no ssn, no name, no address, no ach/wire transfer, no bank transfers, no waiting days for funds to clear

Things are just about instant in cryptos world

This is great to know. I'm an old-skool so it'll be great if you can show me how to maneuver through all the exchanges like Cefi and Defi, etc. My addlebrain spins when I think about these things. In exchange, I could maybe teach you a trick or two about reading tea leaves on the chart.

 

[schizo]

Not agreeing or disagreeing with your analysis, but there is another possibility...
Interestingly, it has not been proven false, and therefore remains a possibility.

That's both interesting and possible.

 

[johnarb]

This is great to know. I'm an old-skool so it'll be great if you can show me how to maneuver through all the exchanges like Cefi and Defi, etc. My addlebrain spins when I think about these things. In exchange, I could maybe teach you a trick or two about reading tea leaves on the chart.

$3k about $300 move liquidation (tried to edit) on a 10-btc long or short perp futures position, that's about your range of stop loss

Sure, do you have a chromebook or an old laptop you can install Linux with a DE (i.e. Linux Mint, Ubuntu Mate Desktop)?

If you have any of the above, those are secure OS environment, then the next step is to install the google chrome browser extension called Metamask, this is your crypto wallet that can store many different types of tokens and coins and can connect to any web3 crypto platform and many different blockchains, Ethereum, Binance Smart Chain, etc

Install Metamask is your first step, but only on those secure OS I mentioned. Don't trust Mac or Windoze

https://metamask.io/

 

[schizo]

$3k about $300 move liquidation (tried to edit) on a 10-btc long or short perp futures position, that's about your range of stop loss

Sure, do you have a chromebook or an old laptop you can install Linux with a DE (i.e. Linux Mint, Ubuntu Mate Desktop)?

If you have any of the above, those are secure OS environment, then the next step is to install the google chrome browser extension called Metamask, this is your crypto wallet that can store many different types of tokens and coins and can connect to any web3 crypto platform and many different blockchains, Ethereum, Binance Smart Chain, etc

Install Metamask is your first step, but only on those secure OS I mentioned. Don't trust Mac or Windoze

https://metamask.io/

Thanks for the pointers. I'll shoot you a DM once I'm all set and ready to roll.

 

[schizo]

For the time being, BTC is dropping. I've adjusted the TP to 21068.

Ya don't need to be too jealousy because this ain't real money (not yet at least).