The Crypto Currency thread

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Slainte Mhaith

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The big short (what is his name again?) is predicting a a financial or stock market crash. Hope he is wrong this time.

Also see many think putting cash into crypto is a good means of protection against inflation alongside gold and silver.
 

Kaboef

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Markets are due for a correction.

I am not so sure Crypto is a safe haven. If anything, its probably the most risky investment you can make as its mostly driven by emotion and perception, not sound underlying data or assets.
 

EtienneNXR

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The big short (what is his name again?) is predicting a a financial or stock market crash. Hope he is wrong this time.

Also see many think putting cash into crypto is a good means of protection against inflation alongside gold and silver.
Michael burry

He’s prediction 8 of the last 2 market crashes…
 

WeeStrom

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I follow Francis Hunt (Crypto sniper on YouTube). He covers all markets and seems to have a good understanding of crypto's response to macro economic events.

I watched him live as he practically counted down to the minute the start of Bitcoin's tumble from $30k. It hinged on the US publishing inflation figures after some important meeting. It is all a little above my head but it also involves a collapse of the US debt market and a strong Dollar.

He was still bearish on Sunday while the Bitcoin price looked like it was busy setting up a bear flag price structure. Now that price has broken up and out of that structure I am curious to get his take on how far this rally might pump, if at all.
 

a7abw

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Any there any WDs who are actively trading (day/scalp etc) cryptos? I'm very interested to hear what exchanges you use to buy and sell, and what charting software you use to track the movements. Please PM me if you want to keep it private.
Thanks in anticipation.
 

WeeStrom

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Any there any WDs who are actively trading (day/scalp etc) cryptos? I'm very interested to hear what exchanges you use to buy and sell, and what charting software you use to track the movements. Please PM me if you want to keep it private.
Thanks in anticipation.
I use Deribit and Tradingview. I believe Tabtrader uses less phone RAM but havn't tried it myself.
 

a7abw

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I use Deribit and Tradingview. I believe Tabtrader uses less phone RAM but havn't tried it myself.
Thank you WS appreciate your response, I also use TradingView for charting. Will check Deribit out.
 

Mikie

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Bitcoin has karked so bad that no one even comes to this thread anymore, I should have cashed out when it was at $60k
 
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