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Epic Pennant on BTC Chart


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2 hours ago, Elysium2030 said:

The Copium is strong since 2017

But please all stay in reality. For 5 years there was talk about "soon", triangles were painted, golden crosses were found, Elliot Waves were shown, BAKKT was celebrated, Japan was celebrated, xRapid was celebrated.

Price-wise, NOTHING happened. Therefore, I ask you to keep cool and take profits when they are real in front of you. If XRP stands at $3 and you speculate on $5, the FOMO virus has taken hold of you. 

Take profits and go. Because one thing is 100% certain in the crypto market - everything that rises will fall again.
So if you have a few green weeks behind you, take the profits and look at the months of suffering. Afterwards you are always smarter and I also did not sell more than 10% of my XRP, but it was the best financial decision in the last 1-2 years

 

In 2021 people laughed at @Xrpdude taking profits at 1.3 or so, Mr @Plikk every day was spamming "weak hands".

 

year later...

Edited by xrp-nuke
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19 hours ago, Elysium2030 said:

Take profits and go. Because one thing is 100% certain in the crypto market - everything that rises will fall again.
So if you have a few green weeks behind you, take the profits and look at the months of suffering. Afterwards you are always smarter and I also did not sell more than 10% of my XRP, but it was the best financial decision in the last 1-2 years

You said it best, we are not married to our investments... Taking profits is not a bad idea...

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Bitcoin's price continues to move sideways.  We'll have to wait longer for our breakout but a breakout is coming.  Good news keeps coming and the Hashrate has been over 200 Eh/s for 9 straight days which is the longest it has been above that level, the longest previous amount of days it was above that level was 6 days this past February.

On 4/27/2022 at 12:29 PM, Nat99 said:

CoinsKid thinks the below is a bull flag. And has the yellow marked targets. What do you think?

Looks like that to me.  I think XRP is a great buy at these levels. 

I think Sologenic is a good longshot bet, I'll be buying more if it stays at these levels.

4 29 2022.png

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Bob loukas, a trader i follow for some years now, thinks BTC toped already at 67k.

He was the most optimist/bullish trader for a 100-200k BTC this year but with the actual price and charts, he thinks we toped already.

It really does look like he's right, i took some profit and will wait to buy back at lower prices

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On 4/30/2022 at 12:00 AM, MQB said:

Looks like the 4-year cycle theory is precisely on target.

Who would have thought that?

in what way?

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17 hours ago, Nat99 said:

in what way?

I'm not really a cycle theorist, but Bitcoin set an ATH in November 2021 and now we're in a bear market. It may not have been the high people were expecting, but if this really is an extended bear then it fits the general timeframe.

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Bitcoin has been moving sideways between  about $35k and $50k since the end of December and the price is still there. 

Hashrate is at an all time high and according to Willy Woo - on chain analysis indicates that spot demand has never been higher.  I'd be buying here, especially XRP. 

5 2 2022.png

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On 4/27/2022 at 9:56 PM, Elysium2030 said:

The Copium is strong since 2017

But please all stay in reality. For 5 years there was talk about "soon", triangles were painted, golden crosses were found, Elliot Waves were shown, BAKKT was celebrated, Japan was celebrated, xRapid was celebrated.

Price-wise, NOTHING happened. Therefore, I ask you to keep cool and take profits when they are real in front of you. If XRP stands at $3 and you speculate on $5, the FOMO virus has taken hold of you. 

Take profits and go. Because one thing is 100% certain in the crypto market - everything that rises will fall again.
So if you have a few green weeks behind you, take the profits and look at the months of suffering. Afterwards you are always smarter and I also did not sell more than 10% of my XRP, but it was the best financial decision in the last 1-2 years

 

@Davy95 says you r bot 🥺

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4 hours ago, Eric123 said:

according to Willy Woo

himself admitting that on-chain analysis has been less good at predicting price action. Apparently the futures market is making things difficult in terms of forecasting. That being said, I heard about spot buying being strong, too. I guess at some point a squeeze will come. Paired with limited supply on exchanges and in general, we might see a repeat of end of year 2020. I am remaining hopeful. What else is there to do.

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4 hours ago, Eric123 said:

I'd be buying here, especially XRP.

I added up on MINA this morning at around $1.80, nothing crazy in terms of fiat amounts and about a 3.5% increase of my stack, but yes. Looked too tempting. Also, yesterday I asked my girlfriend if I should buy the dip. She said "at some point it always goes up again." I started listening to her. She told me to sell BTC at $58k. Didn't listen of course. "See, you could've bought again now" she said to me after the price collapsed. Sometimes people outside of finance are just better at feeling the market. She's a nurse, I'm a product specialist in investment funds and complex financing. Clearly, she's the better trader...

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