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In this video, we discuss the Bitcoin consolidation pattern on the Bitcoin chart. We do some Bitcoin technical analysis to make a Bitcoin prediction on what Bitcoin will do over the next few days. As for the Bitcoin news, we have a story involving USD Tether, and a recent terms change stating they may not hold 100% of their reserves in USD.
Bitcoin count = 6
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so what? i`m totally okay with that and suggest you should be that way too. actually, i feel more safe knowing that not only usd-s are there, `cause you know like $ is nowadays with our national debt... so these changes are only for the better.
So up or down? LOL. What concerns Tether, they stated that it`s still backed, nothing changed, some details added. my guess is that they`ve done it with some Tron policy as they are partnering. Too much of noise out of nothing.
Randy . . . Continuously Buys and Holds Bitcoin.
THE PROBLEM . . . Up to a 10% (TEN PERCENT) Fee . . . to Purchase Bitcoin.
This is Worst than VISA.
Guess . . . The Kingdom Really Is Not of This World . . . After All.
Giggling Demon Middle Men and Women . . . Till the Bitter End.
See You at The Kingdom . . . in the Next Life.
The horrifying thing about a short and long position simultaneously to catch the break out would be a long wicked spinning top liquidating both positions simultaneously known as the Darth Maul double sided extra long dildo.
Agree, from language I used, I'm a Krown subscriber and its the only course I bought. His style is to learn yourself, no signals - you got to do it yourself once the tools are given and seems to work - very conservative in trading style and was holding "neutral" rather than the advice to capture both sides of the trade - if so easy, everyone will be rich.
If online all the time, following indicators and charts - it is possible to play both sides - but risky as we saw today (sat 16/03/19 - interesting day on charts).
If not for Krown, I would have probably FOMO'ed multiple times - INCLUDING TODAY, key point today was the low volume, weekend trap - same with around two weeks ago. Nice for quick scalps from a Friday night long, but dangerous to get too FOMO bullrunish. We are here for the long, slow grind most likely.
philosophical inquirer you mean like the one that happened today. That strategy is awful and if it was that simple everyone would be rich. Ask krown about that strategy. And the market doesn’t even move in a manner that you could implement this type of trade. Seems strange that a TA analysts that doesn’t trade. If he doesn’t trust his Ta wtf would anyone else. Every episode is I think it’s going to break up and I think it’s going to break down
Jebb, I watch every one of your videos & I love ur originality & it's become a bit of a trademark for u, but I REALLY want u to master 3rd-grade pronunciation (singular, plural, possessive, singular-possessive & plural-possessive nouns). So, @ running the risk of becoming the "grammar police" I will explain.
"These 2 wicks" (plural) is pronounced "wix".
"This wick's length," etc. (singular-possessive) also pronounced "wix."
"These wicks' descriptive-properties / commonalities / shared-similarities" etc. (plural-possessive) is pronounced, "wixez," the way u normally like to say it. But, most of the time, in context, the proper word is "wix," & that will suffice, when ur saying "wixes." I know ur smarter than that, which is why I always want u to get it str8!! Call it a pet-peeve or whatever... it just eats @ me & its distracting enough to comment on. Now, back to the video...
+J T Oh, he be learnin' me, alright.. Jebb IS a "farmer," AND a racecar driver (or so we would like to think). Sometimes, whens I be watchin Jebb' Creepto-Show? he breakin' ALLLL da rules. Dashriight! He'll wear da PANTS off of dem "trouserses." He SHOOTS dem cattles if he wants toos...!. U know...!! I's tries to splains it to him?? But, as it turns out, Jebbs was needin no 'esplinations' afterall...! He had us all foolin' agaiiin. Eh-yuck! 😋 & ain't NO ONE'S gone' splains it better than ol' Jebbs'. & Dont let no ones tell u any different, now, ya' heer?
You should go hunting with Jeb and explain it while you’re hunting for deerses or mooses or sheeps . I might know a farmer who will let you guys hunt his land if you promise to not shoot his cattles. Just make sure you guys bring scissorses and plierses and bring a couple pairses of trowserses . Jeb has an academy so he will probably be teaching you about the TA he’s started learning a few months back
A "run on the banks" is very similar to labor strikes in the way that they both indicate distrust in the current form of business acumen..
So there is a case to be made that those events would never happen in a healthy business environment..
Now if Tether suspects a healthy environment(for stablecoins) to be a given factor in the coming few years and combines that with the depreciation of (fiat)money in general then logically they don't benefit much with leaving all their fully backed cash to rot in a bank...
If they manage to create a nifty portfolio from the backings, one where their own business protects them from some risk/downsides, then I don't think this is a bad practice at all...
Do we as consumers want to force the requirement of locking up cash upon all stable/pegged coin creators, where the cash is of practically no use (economically)?
There are a lot of investors losing trust to crypto companies and projects not only tether . lots of hidden stuff keep showing up everyday and thanks to media community is flamming . crypto will fall if prices fall . no trust and no profit that's a big NAH
Good luck be careful with cross bc your liquidation moves towards price. I went back to putting a hard number leverage so I know what my liquidation if I get stuck. Are you long or short. I think it will pump right before it dumps so you might be able to get out if your long , if we do end up dumping, good luck
+Ahmo Mehmedovic Yes I'm going to be uploading a video showing it in a couple of days. I also have a video on my channel where I made $5,000 recently. I put my money where my mouth is and I show all of my trades on my channel weather I lose money or make it!
if we look back at the previous consolidations we have had many false breakouts. If you include the spread which differs from exchange to exchange, it's very hard to make money trading bitcoin right now. A 2% move is the best you can hope for, thats timing the move perfectly too, just not worth it in my opinion. I'm personally going to see how if the 200WMA holds and trade according to that. As always, enjoy the videos, cheers.
Trying to predict short term swings in the market is a very iffy strategy. Long term I'm bullish though, so my bitcoins remain in the safe deposit box. I plan to continue my usual routine of buying 1000 usd worth of Bitcoin every payday. Bear markets don't last forever.
And putting stops in place to exit the position just makes you vulnerable to stop hunters. They load up on massive leverage then slam the market high (breaking a bunch of stops) then slam the market down and harvest a bunch of stops there as well. Then they close their position while laughing and call their lambo dealer. I don't play that game.
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