RE: My view and analysis of CURRENT CRYPTO MARKET situation - SHORT TERM expectations
Hi @joshh71390
I don't think we had a chance to get to know each other and it may be my very first time I'm reading your comment.
When you mentioned that you've been daytrading - I expected to see some content related to it being published by you. However, it seem that you don't post about those kind of topics?
but you cant say you got rich on crypto if you never withdrew any of your earnings...
You've nailed it. It's hard to claim that we've earned anything, until we learn to take profits. I've learned it hard way in 2018.
Everyone rushes to try to blame the inherant forces of darkness anytime the market doesnt go in it's favor...
I don't think "blaming" is what everyone does. Based on my experience, many investors are focusing their efforts on understanding possible reasons for pumps or dumps happening. And they are doing their best to adapt their strategy to those events.
Idk this is probably a crazy rant but just my two cents....
I enjoyed your crazy rant :)
Let me also add: those few years (since I joined crypto space) touch me that whenever greed is sky rocketing and confidence towards future price (either it's trend upwards or future drop) would be very strong -> that is the time when some large players would go against it. Knowing that many investors over-leveraged themselfs. Knowing that by triggering those liquidations they will transfer enormous amount of wealth from over-leveraged people to their own pockets.
Hope I'm making sense.
Have a great weekend ahead of you,
Cheers, Piotr
thanks for your response I dont really talk to much about trading openly for a few reasons.
One if someone isnt directly asking you something about crypto trading then people arent very happy to take your advice ive learned.
and 2. i think i might have tried a few times back in the day to make some posts and I was blacklisted by markymark so i nevver posted about it again.
but long story short heres the type of trading Ill do. Tron compared to last week is up. I bought a good ammt back when it dipped to 0.07 cents because i had sold some at 0.09.
I was waiting and lastnight i saw tron hit 0.118 on poloniex.org which is one of the tron dexs.
So i sold 10k trx for 1180 and sure. the price will probably go up before it goes down. but from my previous experiences ive learned to not get so one track minded that it has to go one direction right now and I can wait for it to go back down to the 0.09s or 0.08s . for a quick easy 20 / 30% gain and while I wait for that to happen i do other things like this post. work on my javascript skills all of that good stuff but the trick is just to not have that ohh im gonna be rich / ohh the illuminauty is trying to bankrupt me. just have that I know the price will go up and down eventually mentality and wait for it.
long story short always just make your next move off the last one dont keep making a new strategy every day because u didnt get rich in one day ppl find a method that works for you not just some youtube video that you saw and need to emulate. Do things because you personally understand the logic behind your ideas and if you were a 10 year bull on btc dont let 60 minuites of priceaction change your ten year outlook on the currency
I've learnt a lot from your post thanks much.
Thanks @joshh71390 for being so responsive
I appreciate it greatly.
I'm sorry to hear that. Themarkymark is a very unique and aggressive user. Best is to avoid him at all cost.
Are you a programmer yourself?
ps.
Allow me to introduce you to our recent partnership with small korean team of developers. I'm helping them to get some exposure to their upcoming project.
Check it out here: https://steemit.com/hive-175254/@crypto.piotr/finally-i-m-safely-back-to-malaysia-with-new-ideas-and-partnerships-coming-must-read
Cheers, Piotr
well its been my main focus Im a jack of all trades but i think ive been skating around the idea of JS development for so long... I have always been able to get stuff running and make little changes. but ive been trying to put atleast 3 hours a day just to javascript tutorials. I actually run -> steemegg which was my first little project.
I have noticed you have been rebuilding some of the old infastructure and I want to make some big moves its just hard when theres such little other development.