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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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SmallPenguin
post May 23 2021, 07:46 PM

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QUOTE(Eithanius @ May 23 2021, 05:05 PM)
BTC 33.8k… ETH 2k… please hold…!!! ph34r.gif
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user posted image

Now only about panic

DXY bouncing soon yo, just bout time laugh.gif
SmallPenguin
post May 23 2021, 07:58 PM

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QUOTE(Eithanius @ May 23 2021, 07:47 PM)
Retest 30k or straight down to 24-27k…?
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With the info I currently have I can say at 25k, big boys likely not interested yet

Getting a little greedy to be honest shocking.gif

By logic, if they are not buying at 30k few more K doesnt make a difference. I dont know. But one thing for sure, we gonna see some action at 25-30k. So look at that area first

Look Post 35346

This post has been edited by SmallPenguin: May 23 2021, 08:01 PM
SmallPenguin
post May 23 2021, 08:15 PM

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QUOTE(andrekua2 @ May 23 2021, 08:10 PM)
If it consolidate around 35k this week, the next dip wont be 30k or 25k.. it could be down below 20k...

However there's fear in the market right now since everyone bought the dip. All they need is to dip it below 30k and see if hell break lose.
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Yea its all human psychology, now we seeing some panic. BUT panic isn't the last phase of correction, so it makes sense to go more down from here.

Even Pope to come out to say something, doesn't make you wonder how eager they want to dip into Crypto laugh.gif

Oh and also in business world especially the 80s 90s theres a saying, never trust Vatican City. Heh

cuz their deals can uturn at last min

This post has been edited by SmallPenguin: May 23 2021, 08:15 PM
SmallPenguin
post May 23 2021, 08:25 PM

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QUOTE(andrekua2 @ May 23 2021, 08:20 PM)
You can't scare everyone off, otherwise who would they sold to ATH?
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SmallPenguin
post May 23 2021, 10:11 PM

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QUOTE(andrekua2 @ May 23 2021, 10:07 PM)
I'm starting to get into red too but my crypto holding is limited to 500 (already drop below 400 in value)... Have 800 busd left... I got scared with the v shaped recovery across the board thus selling most of those catches for small profits. I would be deep in red had I hold onto those. However whatever's left in my profile is really deep in red though. I'm just helped by the my decision to cash in my profits every now and then.

I'm just feeling that the fear finally kicked in and there might be a genuine chance to pick up some at good price. However there's no guarantee how low it can go... Therefore I'm planning to split my final 800 at 70% current price and 35% current price. It can't possibly fall to zero right? If it fall to zero then it's my luck.
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There will be re entry point at V shaped recovery wink.gif


SmallPenguin
post May 23 2021, 10:41 PM

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QUOTE(andrekua2 @ May 23 2021, 10:20 PM)
I do not want to bet on this... I'm here to learn and make some money. I would rather earn less than losing more.
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I dont think you dont get what I said

There IS re entry point during a V shaped recovery. If you enter there, it is exactly "I would rather earn less than losing more."

Because first move again is to trap retails icon_rolleyes.gif
SmallPenguin
post May 23 2021, 11:23 PM

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QUOTE(walabies @ May 23 2021, 11:02 PM)
what if we hodl strong does that still worth it? The lesser we watch the less we capitulate.
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Dont steal the spotlight, its weekend institutions not even work yet. Wait till they start working next week, and the week after.

Hodl strong is useless, exchange can "oopsie" spot order suddenly stop, only sell yo! Or else how can we fall from 40k to 30k. And suddenly up way when can buy back laugh.gif

only 1 way now


SmallPenguin
post May 24 2021, 12:33 AM

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QUOTE(STEVE75 @ May 24 2021, 12:05 AM)
give us buy signal yea  icon_question.gif
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If you can speak Cantonese come watch this, some good tips

https://www.bilibili.com/video/av49164887/?...NmIFMNZNbH187SU

Hard to say buy signal, since some coins lagged more than others

But now I can only see Panic only, even those "on chain analysts" starting to give up and say hold here or bear market. And total silent from crypto twitter. By logic still has some way to go down nod.gif

dont buy first, wait for calmer seas or simply DCA
SmallPenguin
post May 24 2021, 12:47 AM

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QUOTE(STEVE75 @ May 24 2021, 12:38 AM)
i just want to focus on sell with bearish market to earn some profits
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Too late, ship already left

Dont let your emotion control you, go to sleep better.

Or think like this. The coins you own still the same, ignore the fiat value.

It will come back as long as its good coins lah, shit coins then hard to say. laugh.gif

refer to the video i shared, third line
下雨去离岛

This post has been edited by SmallPenguin: May 24 2021, 12:48 AM
SmallPenguin
post May 24 2021, 06:36 AM

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QUOTE(STEVE75 @ May 24 2021, 12:38 AM)
i just want to focus on sell with bearish market to earn some profits
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Now if I had short my coins at the time we spoke

I gonna make loss yo

Not worries about the coins I hodl, all got use case. If dog coins you need to pray Elon innocent.gif
SmallPenguin
post May 24 2021, 09:14 AM

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QUOTE(ljken @ May 24 2021, 09:02 AM)
Idk. Too much good and bad news, but I’m always leaning bear.
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Now is merely a training for the baby bear, this wave

To think this is disaster, a fart in the wind only

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SmallPenguin
post May 24 2021, 09:48 AM

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QUOTE(n00b123 @ May 24 2021, 09:44 AM)
Dear all sifus here, I'm stuck when I first enter crypto market this month and bought some BTC at the price of 50k+.

During the dip last midnight, managed to buy some at the price of 31k+ which then brings down my average to 37k+.

Shall I cut loss now and wait for the opportunity to buy again later since most ppl is anticipating price will fluctuate like roller coaster until end of this month?
Or continue to hold until breakeven price?
Heart almost fell off when seeing the price fell sharply almost at the bottom last night.
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Slaughter should go for few more weeks I reckon

Delete binance and come back after June
SmallPenguin
post May 24 2021, 10:35 AM

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QUOTE(Eithanius @ May 24 2021, 10:11 AM)
After June is July...

EIP 1559 goes live in July...? Some ppl speculated once EIP goes live ETH (not gas) price should drop (follow classic buy the rumor sell the news lar)...

If current downtrend last until July, then EIP 1559 kicked in, ETH price habis lor...?  mega_shok.gif
Just speculating...  tongue.gif
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I only hodl coins with actual use case. And their market cap still growing despite the katcha

as ETH has use case, the future remains positive

Price may drop (sell the news) but just temporary. Has to wait until BTC correction over and see where is the timeline

Remember you are buying now to ride next wave. After the next wave baby bear should grown up already
SmallPenguin
post May 24 2021, 11:01 AM

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QUOTE(ljken @ May 24 2021, 10:47 AM)
Mhmmm. Wonder if should exit my USDC. Profit still a few Xs despite the crash. Or maybe put into Binance fixed deposit... You seriously think it’ll do a WD accumulation then another peak in 3 months to properly blow off?

Anyways times like this I’m glad I honed the 2018 PTSD Bear radar instincts.
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Exit into fiat? Go binance saving lah

I dont see any sign of accumulation yet

peak in 3 months hard to say wait till we cross the bridge first

expecting bounce from dollar

there is logic to go down more thats what I can see
SmallPenguin
post May 24 2021, 11:36 AM

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QUOTE(ljken @ May 24 2021, 11:08 AM)
Sked Binance Mt. Gox la biggrin.gif

IKYK but this is the ultimate Bear to me not those Berenstein Bears: https://www.reddit.com/r/CryptoCurrency/com...to_prepare_for/

I foresee only 2 outcomes:
1) Every investment market crash because there’s not enough liquidity, print money, weimar notes
2) Everything except Crypto crash, everything go into Crypto, causing supply shock and moon so hard mother also cannot recognize

I’m more for No.1
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Cold wallet then. Or physical metal, that one is tried and true

I can foresee this may be element for the next big crash that I am anticipating, now just only correction. As the market can stay insolvent more than... well I will seek counsel on this matter see can get any insights

But I really like to see some sort of regulations for Binance. Not like we can use Coinbase in malaysia. CZ needs a professional look lol
SmallPenguin
post May 24 2021, 11:44 AM

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QUOTE(solstice818 @ May 24 2021, 11:31 AM)
But that day you say wont go lower? Dont greedy etc?
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I said the depth zone is 25-47k since March

And we not hit that below 30k yet

Dont greedy as you can start scaling in to buy, most good coins already minimum 50% discount, why go anticipate the bottom if you dont know where its going (in terms of downside)? confused.gif





SmallPenguin
post May 24 2021, 11:50 AM

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QUOTE(andrekua2 @ May 24 2021, 11:47 AM)
Come on... If he can predict everything, I think he's talking to you on TV, not LYN. We are all sharing only. Trade at your own discretion, dyor, and make your own decisions.
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Only if Jackpot number can be predicted sad.gif
SmallPenguin
post May 25 2021, 10:52 AM

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this is funny laugh.gif
SmallPenguin
post May 25 2021, 01:44 PM

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Time to march soon
SmallPenguin
post May 26 2021, 03:13 PM

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QUOTE(Eithanius @ May 26 2021, 02:31 PM)
Lord SmallPenguin what are you waiting for…?  bruce.gif
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Did you miss my comment?

QUOTE(SmallPenguin @ May 25 2021, 01:44 PM)
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Time to march soon
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