I can think of several major distinctions between the two.It's more akin to a house than to hard currency
I can think of several major distinctions between the two.It's more akin to a house than to hard currency
No shit, and I can think of several major distinctions between bitcoin and currency. Nothing is alike, I said more akin not exactly equal to.Originally Posted by houstonhobbyist25
Who bought with me here??....Getting close to retirement KMSL!!!
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
Does anyone know anything about dogecoin. Would it be beneficial to buy it right now. all the info will be appreciated. Thanks
Doge has resistance at .2327 and support at .16 (Your stop loss should be set right beneath), it printed a buy signal but no God candle (big green) on the weekly chart, it could very well blow right past .2327 to .2592. I starting buying DOGE (Legacy MEME) in the crypto winter when it was .0482 and that bag is full so I'm selling half at resistance and letting the rest run because of the Elon/ Trump partnership. I'm taking the other half and adding it into faster moving projects that I've been accumulating like SUI, SEI, PEPE, SOL and BONK which are the newer MEMEs. I sold all of my ETH also because it's moving too slow, at the moment. It hasn't printed a buy signal nor a God candle and it should have been moving and above 2.8 K long ago. I took that bag and added to my Bitcoin bag and here's why... I'm a technical trader and I simply follow the story that I believe the chart is telling me. If the history of crypto follows the same pattern and the month of November closes and opens December with a green candle as crazy as it sounds BTC will hit 100K minimum because we have done something technically we haven't done since 2017. If the first two conditions are met, we don't have a Black Swan event, a possible pullback to 68- 70K, technically the chart says it will hit the Fibonacci level of 171,184.66. If you are not a trader please be aware that YOU WILL LOSE your money if you don't execute the trades properly. This is not financial advice I'm simply sharing my journey
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
You should sell. Election nonsense aside, the USA is getting closer to a digital dollar.Who bought with me here??....Getting close to retirement KMSL!!!
Take the money and run...
Professional, mature (?), SWM
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Brother Ben, we've been discussing this since '21 and you want me to sell NOW?!?!?! Do you know how much hobby pussy I've passed on to stay disciplined to travel this journey and you want me to sell NOW?!?!?! I'm sure you realize how typically mundane it is to only fuck your SO or the time it takes to pull a civilian that's not transactional, unmarried and is ok with you having an SO right? You said so yourself that one of the two possibilities is profit (that condition has now been met), the 3.11 years is here and you want me to sell NOW?!?!? I put in the work, I studied, got light years better, became a tactition in the space, sacrificed, bought when their was blood was in the streets and you want me to sell NOW?!?!?! Bruh, it's "welcome to the party pal" time. Here's the kicker though, if the conditions I outlined above are met then this particular part of the party is really just getting started. The beauty of it is this part of the story will begin to unfold in 22 days
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
I do, bro.
Pigs get fed, hogs get slaughtered.
Crypto is fundamentally a short- to medium-term play. Ultimately, each Central Bank will issue digital currency...full faith and credit stuff. Holding too long is the ultimate risk. Take your hard-earned profits while the getting is good.
Professional, mature (?), SWM
Fully vaxxed & boosted
I enjoy the company of all color, shape, and age of ladies 21+, but prefer mature GFE sessions that verge on PSE if we click.
My happy place: H**ker Valley, South Island, New Zealand
Drama queens need not apply.
I don't know if you bought DOGE after I gave you the levels but shortly after it printed that God candle I spoke about above and is up 34% overnight 80% for the week. The next level of resistance is .2826 and you stop loss should be placed where you bought in so that now you cannot lose any money, at worst break even. If .2826 (move you stop loss up) holds I expect another God candle and the next level is .3414. Move you stop loss up because I'm expecting and rug pull for profit taking and it needs to cool to digest this move up and you should get kicked out because you moved you stop loss up. I'm not selling any of my DOGE because at this point I believe FOMO will creep in and push the coin higher, at this point it's all profit and I'm hoping Elon will say something about how he will somehow incorporate the coin into one of his businesses. I'm expecting the coin to squeeze the next resistance level is back to ATH (All Time High) which may make it go parabolic. Most people don't understand that this is Crypto's Super Bowl which may be shaping up to be a Crypto Super Cycle because of the halving and election. We will have more Crypto cycles but cycle is less explosive than the one prior. I still think SUI will minimally double from here even though it's already up 236%. This is not financial advice I'm simply sharing my journey
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
FYI SHIB is about to print a buy signal but I don't think it will be as explosive because of the amount of coins in circulation but it's about to move
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
RunTheCourse
Brother i appreciated all the help. You have no clue how much this means to me. Thank you so much.
I'm new to trading and invest. I'm taking things real slow after losing a little cha ching lol.
No brother I haven't bought the doge at all.
After slight bit of volatility in any direction I get scared and I'm pretty sure you can understand.
Doge coin was at .2952 at 1245pm. Since then it has dropped(19.00 %). Right now it is at at .26::::: something.
I really wish I had gotten it at .15 or even.13. I'm monitoring doge very closely.
With all information that you have been really kind to give me and rest the monger who are interested, do you recommend pumping or investing into 10k DOGEcoins (please). (Keeping in mind the .16 and .26 parameter you mentioned earlier)
Secondly do you have any knowledge about Nvidia. I'm pretty sure you have heard NOVEMBER 20 fiscal report. Do you think it's worth investing in Nvidia at this moment.
As I mentioned I'm new to this and you really have very good knowledge of DOGE.
I'm only trying to get advice from you.
Thanks again
Last edited by bigmack; 11-10-2024 at 04:59 PM.
No worries bro many people have helped me. Remember, I'm not telling you what to do I'm simply sharing my journey. Before you invest go to YouTube and learn "how to set a stop loss (SL)" based on your brokerage and learn the concept of "dollar cost averaging (DCA)" because as it pulls back I will be DCAing because I believe the market is stooping to spring back up. Your stop loss should be set at the amount of money you are willing to lose on a particular play until you learn how a stock or cyrpto moves. When I finally learned how to use it effectively I would set it at 20%. The problem is crypto has flash crashes which hunt and trigger your stop loss so as I've gotten better at investing I much more liberal w/ SL on plays that I'm familiar with the range the stock and crypto moves. Overly, DCA means breaking up you investment into chunks until you get into your full position. Ex. if I had 10K to invest I would start with DOGE I would break it up into multiple purchases until I learned how to properly execute the DCA play. It looks like it's going to pull back to retest some support levels to validate this move up. I would wait to buy 10.00 at .284, 20.00 at .259. If it goes down I would I buy 50.00 at .247, 100.00 at .238. That would be my full position to the downside because I don't know how far it will pull back and it teaches you the concept. Set you SL to .222. If you don't get stopped out and it bounces buy 250.00 at .303 and set your SL. I'm a little leery of DOGE because of what happened last cycle when Elon went on SNL, it crashed the stock, which is why I took bags out and only left runners. The play is SUI because I see it going to a min of 5.00 then to possibly 9.00 parabolic 13.00. Same concept, the levels are 3.0, 2.8, 2.4 to the downside set SL. On NVDA, I started buying shares back around Covid of which I will never sell, they are in my long term retirement folder. I'm in NVDA call options that I bought at 135.00 and will hold them up until earnings. I've lost so much on earnings that I don't hold through earnings unless I've gotten well into profit which I have on these. If the market starts to sell of tomorrow/ this week, I will sell them all and reenter at a good price. We are due for a pull back to validate this pre-election run up. You cannot lose with NVDA long term
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
Thanks brother
Thank you so much
No worries brother. I forgot to answer your question about the 10K but I wouldn't put it all into a MEME coin if crypto is your thing. I believe BTC is going to 100K before the end of the year or right after Trump is reinstalled. I would only risk 20% in MEMEs and the rest in BTC until the sector shifts. Crypto, just like stocks, have sector rotations and the ALT coins haven't begun to run yet because of BTC dominance. All cycles are different but usually it's BTC running first, then the MEME's, then the ALTS. But the safer thing to do would to put a portion in solid stocks like NVDA (my chart looks like it's going to 200), IWM (I can see another 20% from here) and BTC for this run up. Always use a SL and control your position size by DCA on down days if you are going to hold through flash crashes
BFE, Aspiring Stay At Home Hobbyist, Initiator Of Pleasurable Stimuli
NOTE: Acrobatics depicted from this Avatar are fictitious scrolls and all acts described are strictly imaginative works of art solely for the purposes of enterTRAINment
Brother I wish could tell you how much your help and input means to me. Honestly it better than watching 15 to 20 videos per day. I recently started paying attention to dogecoin and it's only because of Elon Musks involvement. I'm certain anything this dude mentions or touches is going to have some kind of movement in investment arenas. I'll follow your advice and only put 20 % in doge.
Also I love Nvidia it's one my favorite assets. I should have been clearer. That Marc chaikin dude has been mentioning a lot of negative stuff about Nvidia and since I'm new all this i get discouraged easily.
Regardless I have gotten some Nvidia shares myself for very long term and I'm not selling mine either.
One more thing, TESLA
I'm being TOLD that tesla is not going to do well in the future.
I really dont believe that. If you look at this asset it's has moved almost over a hundred $s in the last few weeks.
I have gotten some tesla shares not at the most attractive price but not to bad either.
Brother do you recommend holding on to those TESLA shares or should I get rid of them.
Again thank you so much
Stay blessed and make lots of gains.
Last edited by bigmack; Yesterday at 05:24 PM.
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