RE: VOISE to SING the Song of PROFITS!!
They are correcting ... If you know someone who can predict how low a correction will go I want to know him too ... I'm up in RDD,MCO and 1st, bought them after reading haejin post and making my own TA, just XVG is down and is clearly in a correction. Overall on these coins I'm up. The real point is where will they be in 2-3 months because I plan a 150-500% profit (massive profits :-)). It's mid-long term holding ...
Please post some coin that dips lower than the first wave of an impulse, it will be more valuable because in that case it could be a 'mistake'. Cup and handles doesn't counts because sometimes there is a little impulse that is not the main and the downtrend continue a bit before the real one comes (cf Technical Analysis of Stock Trends :-), chapter about cups ).
Also, you are the one that trigger the buy/sell button, just read the books and make your own TA, for me now haejin is a huuuge help to spot good coins, but I ALWAYS do my own TA and take my decision from there, that's the way haejin's blog has to be used. Do not follow blindly, learn to think by yourself.
And also, BTC is correcting and could dips to 8k$ and even lower, and it could take months before it comes back to 20k$, all alts will suffer from that, it's an apocalyptic hypothesis, but at the end of the day all will go up again, charts says that, new tech adoption curve says that, and even fundamental analysis says that, so ... Just hodl or get out now, it's true that it's better to regret not being in than the opposite but here the odds are in the favor of the bulls for next year so ...
Look at the tutorials and read the books, maybe you will understand better how to use haejin's blog ...
Saying that friendly, you are right on a point, a lot of people just follow haejin blog without trying to learn to fish, that's a real problem because if it happens that haejin make a 'mistake' or a wrong guess (and it has to happen because we're talking about probabilities) people will lose money and blame him instead of their own laziness to learn to make TA. He should maybe insist more about the fact that we should do our own decisions and never follow any advice not knowing what we're doing, but you know, he can't just do that all day, he has TA to make :-)
@adri1202 With all my respect but I can't read opinions in your comment that are different with mine. The thing I'm not sharing your opinion with is the fact of the "Trigger buy/sell button." What's wrong with folowing the waves of Ethereum and buy in on the low level and sell on the high level? If I do this with 10 Ethereum it can give you a potential profit of $ 1.000,-- each cycle and it makes your stack of Ethereum grow.
You don't get poor by taking profits. What's wrong with the old traditional dollar since we went into cryptocurrency? Are we starting to hate it? Not me, it's my best friend as a USDT and the upmost safe escape "trigger" button that's waiting for a better time to get me right in.
If you look at this chart I created for Ethereum, what am I doin'g wrong when I buy in on the low level and sell on the potential high level? Everytime a turning point comes into the Ethereum eye I'll keep checking and checking and checking if I have to make a move.
So now Ethereum isn't the assassin, I am. Ethereum and Bitcoin are telling me their story every hour.
It's my opinion on how to still make money into this bearish market. Please correct me if I'm wrong.
Hey can you elaborate on ETH. Where are you buying and selling. I am struggling with where to sell. I think ETH will hit $1700 but in meantime like to trade it a bit