BITCOIN REPEATS LIKE A PLATE OF SAUSAGES AT MIDNIGHT
One thing about cryptos I have only finally grasped this month is that all cryptos follow Bitcoin. So my ingenious tactic of selling Bitcoin (because I thought it would crash) and investing in other cryptos (because I thought they would replace Bitcoin and go up) was a bit of a lemon really...
Whatever actually happens with altcoins (including Steem) doesn't really seem to matter. If one of them laid off 70% of their staff and had a bitch slapping festival straight after losing half their value straight after totally buggering up all their geek shit you would expect the price to drop like Justine Bieber's pants. But no, If Bitcoin happened to go up, all would be fine, because alt coins just follow Bitcoin.
And Bitcoin likes to go up, and then drop hard - like a heavy beat kicking in. But then it comes back up again. Like a big plate of sausages at midnight. (I'm having a simile fest here!)
Another thing about Bitcoin is that it crashes very regularly. In fact over the past six years it has crashed about a dozen times.
The value of Bitcoin now is a lot higher than it was back in 2014, but just looking at the wobbly line and ignoring the price, it appears to have done exactly the same moves this year as it did four years ago.
This is intended as financial advice: You are screwed so sell all your cryptos today and put your money into the American share market. And if you are feeling loaded, maybe also buy one of those Tesla electric cars and do your part in fighting climate change.
And also be sure to donate some money to Wikipedia - the CIA are really very short of funding and your donation could help with their programming initiatives...
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Nice purple goat pic - but what sort of freak would do purple goat pics? :)
Haha!!! Love it.
Non of it makes any sense, but... I saw this with the Dot.com sector while I was employed there. One day... Suddenly it mattered.
I don't know if that is where we are now or not... I suspect if this isn't it, it will be coming soon.
At some point the speculation falls away, and those businesses that provide value will rise.
I kinda like the Teslas....don't tell anyone!
Today is my second steemiversary, and in true dreemit fashion I made a post with lots of collages haha :) You may recognize a picture or two...one in particular did not come from steemit...I am sly :)
Drop the BASS Bitcoin
It's all rigged, cryptos a waste of time and "money"
https://steemit.com/markets/@manorvillemike/crypto-markets-rigged
https://www.forexfraud.com/news/police-in-new-zealand-issue-warning-after-six-figure-crypto-fraud-loss
Thanks - My thoughts:
The Bix Weir vid - he is looking way to low on the chain - all this stuff is owned and manipulated by the rotchilds and the zionist banking corporations, at levels way above anything in America, which they own anyway. And his own track record is very poor.
Yes cryptos are manipulated to the ends of the earth, but they go up and down, and anything that goes up and down can be profitable if you buy and sell at the right times.
The NZ scam - there is always a sucker waiting to get scammed - but that article was in itself a scam!
I'm with you on the NZ scam article. As far as timing rigged markets, good luck with that. :-)
It's a switch in tactics - just the usual buy low and sell high, but with the attitude that "they" won't let the major ones that they control best actually crash, (at least not until later in order to bring in regulations) - "they" will just crash the minor ones to run scams and to make the market look more random and free.
So give up ideas like cryptos will change anything, or cryptos need to be well designed, and just go with top ten coins and ride them up and down. (All illusions wiped) It's the opposite of the moronic "HODL" that people here kept parroting.
And to swap between FIAT and CRYPTO as needed. I don't know how well this will work, but I figure as the owner of a bunch of dirt cheap cryptos I don't have any choice - cross fingers and ride them back up (I hope) and then sell them before the next crash.
The thing with this manipulation is that it only works for "them" if it goes both up and down.
You being serious here? I have been saying that since I got here, I even made parody haejin posts stating the same to take the piss out of him.
Yes, sorry to say I am - I'm a slow prick sometimes!
I was just commenting on my crypto tactics from now on:
I'm switching my mindset and tactics - to actually really doing buy low and sell high (in the short - 3-12 months time frame), and with the assumption that "they" won't let the major ones that they control best actually crash, (at least not until later in order to bring in regulations) - "they" will only crash the minor ones in order to run scams and to make the market look more random and free.
So I give up ideas like cryptos will change anything, or cryptos need to be well designed, and just go with top ten coins and ride them up and down. (All illusions wiped) It's the opposite of the moronic "HODL" that people here keep parroting.
And to swap between FIAT and CRYPTO as needed. I don't know how well this will work (is it possible to time this without inside info?), but I figure as the owner of a bunch of dirt cheap cryptos I don't have any choice - cross fingers and ride them back up (I hope) and then sell them before the next manipulated crash.
The thing with this manipulation is that it only works for "them" if it goes both up and down. So I figure we have a reasonable chance of riding these manipulations. And the big switch for me is going from the delusion of "we are outsmarting them" to the more boring reality of "we are riding on the backs of the zionist scum and cleaning out all the suckers who don't get this" - so my idealism is shot to pieces, but I hopefully won't make the mistake I just made this year again - naive idiot...
I just watched CNN for 1 hour, to see what Americans get fed. It banged on for 1 hour about antisemitism on the rise in Europe for the whole hour, fake news is right, I nearly puked!
Get a load of this
https://www.aljazeera.com/news/2018/11/cnn-fires-contributor-marc-lamont-hill-criticising-israel-181130061452765.html
Obey, consume!
What Americans are fed
I just buy low and sell when I have doubled my money or better. Depends how fast they go up in price. 1 slight downturn and I am out, like when I sold my deliberator account on here. I can now never be onto a loser on here, as I have already made £1300 with a low investment of a few thousand useless dogecoin. :-)
I'm way too greedy for double - I've tasted 20x and am keen on some more 10 fold gains!
Although currently sitting on a 15x loss from the peak, I'm still up from the starting point
I'm guessing the manipulations will be at least 3x a pop - I'm hoping the trading volume will slow shortly before the turn arounds - but this could be a bunch of crap!
Did you know berniesanders was on steemit before anyone else? before it was even alpha in April 2016?.....
There is something odd about this isn't there?
Just a touch bro, just a touch.
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