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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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SmallPenguin
post Jun 23 2021, 05:05 PM

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QUOTE(Porie @ Jun 23 2021, 02:52 PM)
Few days till salary day now back to 33k again, aiyaa
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your wish has been granted heh
SmallPenguin
post Jun 23 2021, 08:26 PM

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QUOTE(Zenph @ Jun 23 2021, 07:27 PM)
If u buy in 60k, no reason why u don’t want to buy in 30k.

If you’re shaking now means you don’t truly believe in it and suggest to stop crypto for your mental health.

Not everyone can withstand the volatility
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how would i be shaking if i already knew whats gonna happen confused.gif

i already warned before BTC touching first 58k and how its gonna play out with certain key areas back in early march and so far its pretty respectable

what i was trying to say an investor should know when to buy an asset in this case bitcoin

because you wont be touching it at 60k as it is clearly overvalued, not at the fair value of acquisition

so by buying at that price makes you a speculator as you hope the price gonna keep going up and make profit

buying at 60k and hodling doesnt seem to be an investor, at least to me
SmallPenguin
post Jun 23 2021, 09:52 PM

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QUOTE(Zenph @ Jun 23 2021, 08:46 PM)
Matter of perspective, based on your logic buying 20k at 2017 seems like what “not an investor would do”

But buying 20k at 2020 seems like a logical thing “investor would do.”

What I’m trying to said everyone should understand bitcoin and even if they did buy at 60k, be prepared to hodl and not get chicken out when it crashed. 60k now may well be 2020 20k in few years later. So buying at 60k is still an investor move provided they can managed to stay calm and DCA further. Nothing wrong
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yea perspective wise is different

i guess most people would see buy and hold as investing. And DCA many many times

since i often use the lens of institutions to view the movement so my comment will slide to another side

to me, to be investing it has to be more towards the fair value like what an asset manager doing

why buy at high when you know its gonna be pushed down to a certain range, just need to take some time to unfold

then buy in when retails sell

90% of retails lose 90% of capital in 90 days laugh.gif





SmallPenguin
post Jun 24 2021, 08:54 AM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 07:01 AM)
correct. obviously nobody should be buying top.

but at the time people did not have a crystal ball, so nobody expected that big crash at 60k.

however now that we reached/crashed down to the half way point of the previous highs, a lot of people suspected that it will bounce back again. but since some are not too certain, especially since we hit the death cross (this created the most uncertainty), thats why some are DCA (dollar cost averaging), or some others all in to lock in at current position, or some are just expecting the price to go down further (then they buy at a much lower point from now), and some people have just given up on crypto altogether (usually the people that fell for the fud and got burned for selling after the price fell. aka they didn't hodl  sad.gif  although i suspect some of these people needed the fiat depending their circumstance so they had no choice but to sell? could be).

jumped in at 30-33k ish btc, 20-24k ish eth. for cardano probly locked in close to the current lowest dip at around 1.20 which i doubt can get better than this, but could be wrong. now george says we could be expecting a sudden drop or could be a wycofe scenario where it will rise up soon in a big way  hmm.gif
» Click to show Spoiler - click again to hide... «

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that is untrue, back in feb there is a lot signs flashing THIS IS IT

observe, figured the logic why it will drop, and HOW its gonna unfold

but a good majority of them was blinded by lasereyes and moonboys

can you spot it? laugh.gif
user posted image
SmallPenguin
post Jun 24 2021, 10:28 AM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 09:30 AM)
yes, but can you? hmm.gif
but then you have figures like max keiser who possibly made a billion dollars from crypto (he gives alex jones 10k bitcoin, which that nub lost it on the laptop  rolleyes.gif  ), who predicted btc prices going up to 200k+ in 2021. Obviously that didn't happen. (also max keiser also recently commented that because titan was a shitcoin, he implied eth was also bad as such. so i'd take his comments with a grain of salt  rolleyes.gif  )

Sure maybe there were signs like you said (but simply putting an elephant pic troll post meme does not prove anything  rolleyes.gif  post a more factual post if you want to prove your point otherwise u have no credibility for what you say), but my point is there were many people speculating on the prices in 2021. it's so much easier to look back and say see, compared to speculating future prices to some extent

Guye better explains whatever point you were trying to make (if any at all)  rolleyes.gif i rather learn from him rather than some nonsensical random posts by others with little to no factual citations to backup their arguments doh.gif  yes guye is not a financial advisor, but at least he tries to backup his content with sound logic and facts when possible

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now this conversation is getting interesting

can I? laugh.gif

were you here in march or april?

I was basically telling how it will drop and drop to where laugh.gif
and the logic supporting it
and the clues

i used to quote back the comment i made in every reply so people wont think im just pulling the data out my ass
but now the proof is already in the pudding so i dont need to go all the way to proof it

This post has been edited by SmallPenguin: Jun 24 2021, 10:33 AM
SmallPenguin
post Jun 24 2021, 10:51 AM

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QUOTE(Moogle Stiltzkin @ Jun 24 2021, 10:37 AM)
i was not into crypto around that period. so maybe u knew more than i do. i give you that.

but the way you try and prove your point is hardly convincing at all not to mention your rude and inappropriate tone. i did however look at other more reliable sources of info that did confirm your point somewhat. that it was a somewhat predictable cycle (yet some people did not expect this crash at the same time which is to what i was referring to)

if you want to be taken seriously don't troll >_>; it's that simple.
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then welcome and hang around here more often

hopefully you will get to know how i comment and catch when i am being serious

after all i am just a smallpenguin and found a crystal ball in antartica laugh.gif
SmallPenguin
post Jun 24 2021, 05:19 PM

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QUOTE(walabies @ Jun 24 2021, 01:02 PM)
Waiting patiently on the wcyknoff accumulation period 😓 is the excruciating waiting period over? 😮‍💨
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user posted image laugh.gif
QUOTE(SmallPenguin @ Jun 15 2021, 09:29 AM)
What woods?

Does it look like JPM or GS buying spot with like 1B each? Back to hibernate...
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SmallPenguin
post Jun 24 2021, 06:12 PM

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QUOTE(lordirfan99 @ Jun 24 2021, 05:57 PM)
Guys, can I buy 1000 myr worth of crypto and become a millionaire by next year?
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user posted image
SmallPenguin
post Jun 26 2021, 03:49 PM

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QUOTE(Porie @ Jun 23 2021, 02:52 PM)
Few days till salary day now back to 33k again, aiyaa
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QUOTE(SmallPenguin @ Jun 23 2021, 05:05 PM)
your wish has been granted heh
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by now your salary already come in i guess?

there you go

1 wish done
SmallPenguin
post Jun 26 2021, 06:15 PM

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kesian btc no buyers, and retails hodling

price still overvalued where got smart money leh

annnnnd institutions added more shorts and reduced long


SmallPenguin
post Jun 29 2021, 02:44 PM

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SmallPenguin
post Jun 30 2021, 12:57 PM

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QUOTE(ljken @ Jun 30 2021, 12:28 PM)
Mhmmm June is coming to an end...

@SmallPenguin got your strategy planned out aldy? May sit out July entirely because June has been a nice relaxing month... unless can break 42k. Then forced to hustle again kek.
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I have been summoned!

Ya I already know what are the options on table

BTC failed to break POC, not surprising given the supposed "spring" totally not impulsive, price still hanging around the 50% area

Ideally I want to see slow grind down and form a new base below current range, if big pullback then might indicate more bearish action

Even if break above the range, then still can buy in during the pullback

Who knows if this grind for even longer, but I already planned what LOTR video to post when we finish this correction laugh.gif




SmallPenguin
post Jun 30 2021, 04:12 PM

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QUOTE(ljken @ Jun 30 2021, 01:20 PM)
Will be keeping an eye out biggrin.gif

I was hoping last week will hit a small buy price but had to go sideways longer so better kolos laptop go jogging exercise, feel healthy lower blood pressure

Impatient seals will get ambushed by the polar bear, that time sure hypertension
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last week i got buy some alts haha

gone are the days doing day trading 10-20%, now i like to play longer trend and bigger meats

but yea even though i do know where it is going, but its better to sit for the counter trend unless easy scalp play
SmallPenguin
post Jun 30 2021, 08:38 PM

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QUOTE(walabies @ Jun 30 2021, 07:21 PM)
Actually the up and down trend now is more predictable to me. It goes side ways for many weeks. You can scalp at 30~31k and then normally there are resistance at around 38-40k. If you are not feeling greedy, 36k is doable for you to sell  biggrin.gif
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many weeks?

QUOTE(SmallPenguin @ May 24 2021, 09:48 AM)
Slaughter should go for few more weeks I reckon

Delete binance and come back after June
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today is the last day, what about it goes for few more months hahaa then everyone can hibernate

lets see what happens next


SmallPenguin
post Jul 1 2021, 09:20 AM

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QUOTE(walabies @ Jul 1 2021, 01:29 AM)
Maybe, since everyone thinks it is a wcykoff, they make it non wcykoff since the cat is out of the bag. Everyone lost.  rclxm9.gif
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its long out of wyckoff drop teddy laugh.gif

i think i said it around may 22 here

just flat until its out of current range
SmallPenguin
post Jul 1 2021, 05:48 PM

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QUOTE(walabies @ Jul 1 2021, 05:07 PM)
I think time to hibernate again.  bye.gif  Go play some of my audio stuffs.
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everything is under control nod.gif

nothing deviate from the comment i made yesterday

but yea go do something else atm when we out of woods i will inform and plan for next exit
SmallPenguin
post Jul 1 2021, 09:22 PM

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QUOTE(Eithanius @ Jul 1 2021, 08:56 PM)
next exit...? not next entry meh...?  brows.gif
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next entry also same, in that comment

no need to do anything until out of this range first

or watch LOTR or read books laugh.gif


SmallPenguin
post Jul 1 2021, 10:47 PM

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QUOTE(teikboon @ Jul 1 2021, 10:23 PM)
Mean not even shopping time too?
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catching the bottom = high risk high reward
buying at confirmation pullback = low risk low reward

shopping with spot can at these price, many got at least 50% discount up to you

if leverage that different story
SmallPenguin
post Jul 5 2021, 07:54 PM

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QUOTE(walabies @ Jul 5 2021, 06:49 PM)
Yup, you keep low.

Are we out of the woods yet?  cool2.gif  @Smallpenguin rclxm9.gif
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slowly, slowly, slowly getting faster blush.gif

QUOTE(SmallPenguin @ Jun 30 2021, 12:57 PM)
I have been summoned!

Ya I already know what are the options on table

BTC failed to break POC, not surprising given the supposed "spring" totally not impulsive, price still hanging around the 50% area

Ideally I want to see slow grind down and form a new base below current range, if big pullback then might indicate more bearish action

Even if break above the range, then still can buy in during the pullback

Who knows if this grind for even longer, but I already planned what LOTR video to post when we finish this correction laugh.gif
*
SmallPenguin
post Jul 6 2021, 08:41 PM

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QUOTE(walabies @ Jul 6 2021, 09:09 AM)
Where does your red line comes from? Manipulations,  no TA to be done. 😁
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the duality of retails

One tells BTC should go up up up, on-chain analysis S2F, etc
One tells but but look at the price its dippppping

My Precious! My Bitcoin... Those filthy institutions! Gollum! Gollum! laugh.gif



TA got la not all manipulations



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