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Speculating in cryptocurrencies: A rough approach
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Jon Jones
#251 Posted : Saturday, March 21, 2020 10:37:13 PM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

FOMO detected. Past performance does not predict future performance.
Since men have learned to shoot without missing, I have learned to fly without perching
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Jon Jones
#252 Posted : Saturday, March 21, 2020 10:38:47 PM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
Aleksks wrote:
I am not in crypto yet. I know it's been a mistake to avoid Bitcoin so far. Some of my friends earn pretty fine by speculating on Crypto Currency. They tell me their transactions can take hours, and the market can move extremely quickly, but nevertheless they won't quit. I have been just trying to learn the market and read tons of info on https://cryptolinks.com/ and other informative resources. My next step would be investing in a small part of Bitcoin this month.

No it hasn't been a mistake. Anyone who bought bitcoin after 2017 likely made a loss to date. You avoided losing money.
Since men have learned to shoot without missing, I have learned to fly without perching
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Jon Jones
#253 Posted : Saturday, March 21, 2020 11:33:59 PM
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Joined: 9/11/2015
Posts: 245
Location: Thika
I will get into bitcoin when it has a weekly close above the 55 EMA (around $8,000). Until then, this seems like a dead cat bounce to me. I have also done an extended investigation on bitcoin and concluded that shorting and using leverage is an unprofitable strategy when you account for losses, funding fees, trading costs and the limited upside. For traders, I believe that we are in a bear market and bears (shorters) will make more money than bulls. I will wait in the sidelines until we are firmly back in bull territory.
Since men have learned to shoot without missing, I have learned to fly without perching
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mamilli
#254 Posted : Sunday, March 22, 2020 12:41:35 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Jon Jones wrote:
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

FOMO detected. Past performance does not predict future performance.


Wee kaa hapo ukiimba past performance...learn to ride momentum...BSV is another.
Never lose your position in a bull market,BTFD.
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Spikes
#255 Posted : Sunday, March 22, 2020 2:46:57 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mamilli wrote:
Jon Jones wrote:
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

FOMO detected. Past performance does not predict future performance.


Wee kaa hapo ukiimba past performance...learn to ride momentum...BSV is another.

Laughing out loudly Laughing out loudly Laughing out loudly
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Jon Jones
#256 Posted : Sunday, March 22, 2020 4:02:14 PM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
mamilli wrote:
Jon Jones wrote:
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

FOMO detected. Past performance does not predict future performance.


Wee kaa hapo ukiimba past performance...learn to ride momentum...BSV is another.

I will also get in, but after we cross the 8k mark on BTC. In the meantime, you will lose $$ on those picks. Guaranteed. So we have a situation where I get in at the right time with minimal risk and you get in earlier (but cheaper) with the possibility that we may remain bearish for a year or ten.
Since men have learned to shoot without missing, I have learned to fly without perching
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Jon Jones
#257 Posted : Friday, May 01, 2020 2:23:50 AM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

I take back my criticism Laughing out loudly Laughing out loudly Master, show me your ways Drool Drool

Your bag of shitcoins is 95% up on average.

On a serious note though, we are firmly in bull territory, and it crossed the 8k mark so now I'm interested. Waiting for a pullback to the 8k level to get in with a stop loss at 7800.
Since men have learned to shoot without missing, I have learned to fly without perching
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  | | Edit by user: Friday, May 01, 2020 2:32 AM | Reason: Not specified
mamilli
#258 Posted : Monday, May 18, 2020 7:02:00 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Jon Jones wrote:
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92

I take back my criticism Laughing out loudly Laughing out loudly Master, show me your ways Drool Drool

Your bag of shitcoins is 95% up on average.

On a serious note though, we are firmly in bull territory, and it crossed the 8k mark so now I'm interested. Waiting for a pullback to the 8k level to get in with a stop loss at 7800.


Kijana umejaa mchezo sana.
When BTC begins breaking major levels like 10.5k,14k,20k...shitcoin rally will blow your mind,small positions turn into huge bags in no time.

As for BTC,I don't think there has been sufficient correction atleast IN TIME,however I do believe the macro-low is IN.
Never lose your position in a bull market,BTFD.
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mamilli
#259 Posted : Wednesday, June 03, 2020 7:59:51 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
mamilli wrote:
My 2020 Shitcoinfolio:
1.Ether @ 113
2.Tezos @ 1.36
3.Link @ 1.92


After slightly over 100% gains,sold 50% of each,added Kyber KNC @ 0.68.To add Ether at any price sub 150.
Never lose your position in a bull market,BTFD.
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snifadog
#260 Posted : Wednesday, June 03, 2020 8:09:33 PM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
good call, you are unlikely to get ETH sub 150 again unless a sizeable bear turn.
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