So Zig Forums I gave you an amazing short opportunity and even gave you the exact BTC levels to time the local bottom accumulation. Did you take it?
Are you still following the twitter/YouTube fags?
Or anons who "predict" in random threads, don't post their trades and back it using a secure tripcode?
I am not making any more predictions, these scamwicks and institutional manipulations happen 4-5 times in a year and I always go all in. I'll make a prediction when it happens again.
Some tips:
Don't get fucking shaken out by the red days, please stop fucking providing liquidity to the (((institutional))) players. They prey on you to gather up liquidity, it happens every fucking time and retail investors sell every fucking time.
To hedge against these red days, always take profits at certain greed levels. The moment you think you're gonna make it is the moment everyone is euphoric, take a step back and hedge some of your positions into Stablecoin/BTC.
I want each and every one of you little guys here to make it. It's just a game, analyze how it's played and don't capitulate every time you see red.
Please enlighten us more mr big shot. Should i buy chainlink now?
Kayden Harris
Didn't see your previous thread. What's your opinion now? Crash over or will it keep going down? I got my ETH buy orders set at 270 but I'm pretty nervous.
Jaxon Anderson
Yup, Chainlink has inverse co-relation to BTC, if BTC is bearish or you see it being bearish for a long term, $10-11 LINK is probably a no brainer.
But, don't take swing trade decisions from me, I am not good at anything other than trading the scamwicks when they happen.
Like I said there are no predictions atm, I am a one trick pony. I'll wait for next surprise crash/pump to make moves.
Brody Allen
so you still dont think cme gap will get filled?
Eli Ortiz
How do you recognize those scam wicks? What sets them apart? Following any specific wallets?
Isaiah Bailey
Personally I think they're setting up the shorters, but I closed my position at 10100-9.9k like I said in the thread, I've been up over 39 hours at that point.
Benjamin Perez
What's the bottom for ETH?
Carson Ortiz
based and no sleep pilled.
Angel Gray
Thanks bro. So far I've just been buying and buying and buying every month for years now and never selling because I don't want to get fucked by these games. I still only have a small pussy stack compared to most here but I hope this will still let me make it.
Benjamin Baker
congratz user, you mind talking more about how scam wicks work or what they are? >t. brainlet
Luis Roberts
At what price should i buy link? I missed the 8.00$ dip. should i wait for it to go lower?
Henry Carter
you gotta buy now it's gonna moon
Chase Flores
In simple terms on a clear uptrend you see mass sell off within minutes on highly liquid markets. Or vice versa. Retail traders can't do it.
Dominic Butler
But how do you predict their price targets?
Kayden Rogers
Is now a good time to go all-in in ETH? Please tell me user, I am about to pour my life savings on this.
William Martin
and you just use volume indicator to see these massive sells? do you mean big sell orders that barley move the price because its an uptrend?
i realize the iq difference and im trying to get the picture, i think i get about 30% of the idea
Jack Perez
Ladder your fucking buys and your sells, you can never time the market. DCA is not a meme rely on it if you're inexperienced.
Zachary Ortiz
Ok, thanks user.
Wyatt Garcia
how did you predict 9.8k exactly though
Luis Martinez
Because dumbfucks set their stop losses on last support/resistance levels. Institutional players do these crashes to hit those levels and gather up all the liquidity. Literally trading 101. If anyone tells you to set stop losses in crypto, you should stop listening to them.
Matthew Turner
I am feeling burned because I was long crypto (all-in) and now realize the error.
How much to keep as % of my portfolio in other assets (USD, gold .etc), how to calculate this?
Elijah Nguyen
dont be fooled, its not over yet
Isaiah Smith
you need stop losses when you trade with leverage. they make these short play to force liquidations
Camden Nguyen
Then have I am supposed to not lose if not to use a stop loss?
Brayden Wilson
how*
Aaron Powell
Yes, be a good goy and set your stop losses. So they scoop up your money.
Unless you're investing in literal overnight crash shitcoins. you're supposed to take profits on good levels and not worry about the red days. Maybe setup trailing stop-losses but those are manipulated by whales as well. Just hold your coins on ledger and manually DCA out your positions dynamically at certain levels. Don't buy the absolute rally top if you're so concerned of being in Red immediately after buying.
user, i still cant tell what a scamwick looks like or how to spot it. can you post an example of a scam wick and what timeframe should you use
Aaron Martin
when you trade with leverage you get a liquidation price. if u setup no stop loss you lose the margin you posted, its actually much more profitable to 2-3x bitcoin
Mason Jackson
What is DCA?
Can you plz explain this to a newfag in simple terms? I read your original thread but did not understand...
Did you enter a short position at 10.5k betting that it will go below 10k? What is a "scamwick"?