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RE: Bitcoin (BTC) Evening: When is the Best Time to Buy?

in #bitcoin7 years ago

Interesting. Just the other day you were saying its going to boom to 23,000. Now down to 11,000

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You learn as you go, the main thing i learn first drop is how to get money out and safe. Yes, you can make massive gains but also massive losses. If its to much for you you shouldnt be in the game.

This is exactly why people say, dont bet with money you cant live without. Once it breaks the neck line everyone panicks, at least with Haejin you are aware it will stop at 11k maybe sooner but imagine for a second you didnt have that awareness.

Some people will be selling everything just to get out, then when it shoots back up as quick as it went down they are going to be in a mess.

Im thankful to haejin for the peace that he brings. Also he does have a disclaimer on every post. Your decisions are your own.

Learn from this and prepare for the bounce back EOS LISK, these coins have the protential to be $300 coins,

Even if lose my money. It won't change my financial position. I guess some people have so much money that watching your portfolio lose 75% of it's value in 24 hours isn't a big thing. But if your like me and work 60 hrs a week and are hoping that this crypto revolution will get me out of the grind. It is quite the dream killer to see this. I don't lose sleep over it because I'm too tired from working 60 hrs a week to even stay awake and worry.

This is going to go up again, don't worry.
The dip needn't have happened NOW, but then it isn't as deep a dip as the two dips before this, in 2017 - look it up.
It's probably okay insofar as we're now (almost) free for a run towards New Year's Eve - hopefully.
Think that the Bitcoin Cash Coup planning people are partially to blame for the enhanced hysterics, and that there are loads of newbies in this game now who panicked and fled, so that crypto lost 100 billion market cap in one day !
Sheer hysterics. And still, we're recovering.
All manipulation, hysterics and the expected correction right before Christmas time, when people are actually not so eager to invest...
This is not the end - it's not even the beginning of the end, and crypto right now is the value that investors invest into it. So, wait till you can smell the garlic ;)
With a bit of courage, everybody wins.

Thanks for the positive outlook. It is appreciated. I am confident that it will head back up. I've been through 2 corrections already so I should be used to it. I still get rattled. Chatting on here is the only way I have to vent. I don't know anyone personally who I can talk too during these times of crypto duress.

I talk to real people all day but they're not interested in crypto, so the web must do... I'm subscribed to about eight or nine guys on youtube, only the very rational ones - Haejin is one of the most interesting but there are others. It helps to gain orientation... Haejin isn't big on general outlook, he's a purist, and general outlook is a great thing to have.
Still, in times of duress there's always a long wait for info ANYwhere. You have to make sure you don't do anything exotic or buy coins that nobody knows, and you will eventually be served some news... however, theres several times a year when the situation itself gets exotic. So here we are. Now I'm waiting for the damn thing to go up before it goes down again, I already bought one dip and I'd like to buy another before we finally go towards 20k. So far I'm only doubling the household money ;)

You can speak on a lot of group on Telegram for example, i'm french, but i'm on different Telegram, ans we can speak of that and a lot of another things , courage, you are not alone on the web ;-)
If you are in the crypto, you will be in for several year by now, enjoy, learn, thereare lot of interesting projects and the world will change, i'm very optimistic.
What's happening right now is perfectly normal, when you're doing a 100-metre run, you have to rest a little bit at a given moment, the same thing if you climb the everest, the BTC and its little ones, it's the same thing.
Rom

Iota to the moon!

You sure? :)

yes, $50 in '18

IOTA in 3 years, 30USD. It is just a hype for now.

Do you have any info/updated charts for EOS? Best regards

$23000.00 is still valid. This is just a healthy correction. Slightly different path, but still leads to the same place.

Tony, apparently you only read the part of the post that you want to read. That exact same post he said let’s wait and see if the alternate path will be a bearish correction, with a head and shoulders pattern. Literally exactly what has happened

I’ll copy and paste the quote and link for you since it seems you’re on the lazy side. Here you go:

Now, this is ONLY an alternate and so NOT my primary count. But still, something to keep a close eye one. The implication is a healthy bearish correction. The MACD is also indicating that they will likely turn UP so again, not exactly supportive of a Head and Shoulders decline. Let's see what happens during the overnight price action.

https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-bull-flag-fractals-everywhere

So he is always right, right?

I'll place a considerably large bet that he is right 50x more often than you would be. I would also expect that if you were to perform analysis like him, you wouldn't have posted that extremely important last sentence of the article.

Let's see what happens during the overnight price action.

It's called adapting your analysis to changed circumstances. It's exactly what makes Haejin such a stellar analyst.

I love how you @haejin rekt some investors then suddenly changes his mind because it's actually not working.

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

Rekt? 😂 Those investors you speak of should've stayed in school. This isn't a financial advice. I hope you aren't one of the "investors" 😂

And? If he called it right which is from luck anyway. All hail @haejin? When he called it wrong. It's not financial advice?

Don't get me wrong but people are believing in this and I hope you don't get rekt eventually by one fo his calls.

Except he didn’t call it wrong, you just didn’t read thoroughly

https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-bull-flag-fractals-everywhere

it's their fault if they believe in it, everyone has his own head to think,cryptocurrency world is unpredictable and it's not related to some kind of waves, it's depend on people, if they buy more it will go up if they start to sell it goes down, this why I don't believe in such preductions, I read the news and take a look if the coin is usuful or not, then I buy it, the only thing I am sure about is that bitcoin can go again to more than 20k because it's very famous now, just whales have done something to make him go down again to buy more and take profit, so I think it's good to buy with them, and if you have bitcoin don't sell but wait.

Apparently you also only read the part of the post that you want to read. That exact same post he said let’s wait and see if the alternate path will be a bearish correction, with a head and shoulders pattern. Literally exactly what has happened

I’ll copy and paste the quote and link for you since it seems you’re on the lazy side. Here you go:

Now, this is ONLY an alternate and so NOT my primary count. But still, something to keep a close eye one. The implication is a healthy bearish correction. The MACD is also indicating that they will likely turn UP so again, not exactly supportive of a Head and Shoulders decline. Let's see what happens during the overnight price action.

https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-bull-flag-fractals-everywhere

These people wouldn't learn a thing from your hard work. Just let them be. Nobody who understand what TA is would ever ask the kind of questions that you are trying to answer. TA is like surfing. Any TA who takes firm positions is a scammer. You've got to adapt and TA is a great tool for that. Anybody who surf with a firmly set directions and pathways is a person who is soon to become a drowning victim.

This should be TA 101

@tonypeacock Go back to fiat man.

It looks like we haven't even started subwave 5.....since tip of wave 4 can't overlap tip of wave 1. Please correct me if I am wrong.

If I am right we are probably going lower than 11k...maybe around 10k.

How about this huge jump you were predicting few days ago?... Gone with the wind? :)

Go read the WHOLE post again, then come back and delete your comment.

https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-bull-flag-fractals-everywhere

A short attention span is not the sort of phenomenon that can be alleviated by pointing out its existence.

You do understand that a prediction is not a promise, right? There are so many moving parts that simply cannot be accounted for that nobody can achieve 100% correct rate in this game.

Where I said it's a promise??? Prediction which changes every few days what would you called?... Like this is red almost blue but green....

What do you think ? It's impossible to know what will happen tomorrow as it's impossible to know the exact date and time when death will take us away from me for comparison, but it's the same for trading, it's possible to make AT that will give an idea of the market, what Haejin is doing in an extraordinary way, which I appreciate, I'm learning with him and others, and I thank them for it.
of the time he gives us by doing these articles and videos, and I learn from reading books, but no one will ever know exactly how to predict the course, but TA gives us an idea.
You can't blame him for doing that; -)

We might have just started the last subwave of the correction, still not sure as my counted subwave 1-2-3 could just be 1 instead.

Here is Bitfinex :

And here is Bittrex:

Yes, this reply is a winner...champion...victorious (raises two fists in the air)!!!

thanks for sharing.

Wouldn't it be nice if good TA was 100%? Think he has claimed 55% (which has proven to be quite low).

welcome to cryptoworld, this is how it is here.

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