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Coinbase Pro Gemini Active Trader Kraken Binance.us |
ETC is performing directly inverse of Doge. So if you attempt to sell a top, store it in ETC. Watch hourly movements closely as that's your decision point.
Top of this hour should see a retrace if not in 7 minutes. Coinbase Pro's fees will eat you alive. |
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Wait for a retrace. Here at the top of the hour or in 2 hours.
It's moving fast and is oversold but consolidating a bit so you may have to wait. |
HOLD!!!!!!!
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I don't know. Consider Japan just came online and expected to profit take. As is happening now. I'd buy in at next top of the hour as long term moving averages are trending down. Right on schedule.
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On Wed when Doge dropped to .50 there was crazy support that shot it right back up to .63 within a couple hours. Once it gets up to the upper .70's or so and consolidates there will be the same kind of support at .69. This is a coin that started as a joke after all, and well over half of it's investors are millennials/gen z's. There will be a LOT of people with buy orders set at .69. In other words, buying in now at or below .69 should be worry-free from a taking a loss perspective. At least through SNL tomorrow night.
Would you agree with that assessment eDave? |
.69 double tapped last time then fell off. I expect another tap then push through. Repeat at .75.
Volatility rangebis expanding fast so lots of opportunities to sell high buy low.. on the hours. Store your sells in ETC to gain your fees back. |
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It's consolidating as it rises right now. Nice managed incline
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So does one approach Cybercurrerncy investments as day trading timing and flipping; or as buy and hold? Is it better to buy BTC at 57K and pray it goes up to 100K or buy numerous alt coin at 25 cents or several dollars and hold them till one of them goes to $100 or $1000, etc. What approach works for you? |
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After this dies down, I'm back 100% to Bitcoin. Think of BTC as your crypto savings account. Spot trades from there.
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