BITCOIN Bullrun now!! Many people are gettin RICH

I have been a technical trader of all sorts since I was first lucky enough to get a summer job on the trading floor at Nesbitt Burns in 2006.

I have traded everything from traditional stocks to sports (yes, it is a real thing!) and just based off of pure technical analysis and not looking at the hype, technology, adoption or any other factors, Bitcoin runs on parabolic cycles.

They have been occurring like clockwork since 2010, when it would go up 1000%, then regress to about 300% of the previous high. Then after some downtime, would increase another 1000% and regress by a similar margin.

The same thing is occurring now. Many technical analysts called that after the highs of January 2018, it would be 16 months until the next parabolic wave. Alas, we are 15 months removed and it is approaching 10k as expected.

Based off of purely technical analysis, we should see a new high within the next few months. Then, it will regress to again.

So essentially, we should see something like 27k before settling back down around a low of 8k for another year. Then, the next wave would be the one to hit 40k.

Timing is everything in parabolic waves. If you buy at the top as many people did on the hype of the last cycle, you will be disappointed. If you bought in this past December, you will be nice gain of around 7x your money.

Altcoins are a whole other thing, as there is less history behind them. However, finding the right projects that solve problems and are backed by solid teams can be incredible.

I got extremely lucky by investing in Tron prior to the last bullrun for just $1000 at .002 and it hit a high of nearly $0.30, gains of about 150x.

For those of you that have some extra savings laying around, it is definitely worth finding an altcoin to throw even $500 into because the results can be life changing.

Ding Ding Ding we have a winner..From retard/savant.

Some of us bought at $1000 and under. Some got it for next to nothing way back in the day.

Such a simpleton.

That's quite a good increase!

When it hits $10K, I plan to take some money off the table. Then buy back in at maybe $8500.

Ripple is moving nicely today. About time, it was looking like the bull moves were leaving XRP behind. Lumen picking up some too. I put some extra $ into BAT this morning, as it has not made any big moves up yet -- hoping it will pick up in the next week or so.

Why do you want people to disclose their net worth?

How is that relevant?

Great, when can we convert from paper?

the money train started in 2011 when it was a dollar

you are late ot the party

Whole Foods now take BTC. Buy your bread there.

And of course, the charts never lie.

Back in the day, around, ummm, 1960 or so, before the gawdawful manipulators were unleashed, charts represented supply and demand, seasonal fluctuations, and even geopolitics. Which allowed little people like Ted Warren to amass fortunes by studying chart formations. Today is different and charts are more a representation of manipulation than any of the above factors. In other words, manipulation trumps the charts, rendering them almost useless. But by all means, knock yourselves out. But don't be surprised when your market fails to behave like your charts said they would.

DA BEARS !!!!! calm down boys and dont sleep on you're trade. i asked the for a 6 month stagnation from the illuminati.

its gonna fall to 5300 zone first
dont get burned buying at this level

Yooo...What's it like to know everything??!

7 billion + people on this planet, and some how you know everything, wow dude...How do you handle all of it?

In the last 9 years, Bitcoin has acted exactly as the charts indicate. It is less susceptible to manipulation because of the public nature of the block chain.

Also, the fact that it is retail investors and not institutional investors that hold a majority of the bitcoins as the moment also mean that it cannot be as easily manipulated as the stock market.

Anyway, the overall stock market charts (not individual assets) still follow technical analysis, even with the manipulation. You can identify when the market is oversold or overbought, at which point the institutional investors will either accumulate at low prices or dump at the high prices.

It is no fluke that the same traders are successful in the long run.

So what does crypto offer for your average citizen who doesn't have internet in "dark web" shit?

What does bitcoin do that I can't do with a credit card or Paypal?

Kazucoin.io

35 minute video is very good about bitcoin.

Thread: the best 'what is bitcoin/crypto' video I've seen. WATCH THIS TO UNDERSTAND BITCOIN

A true trader and someone who has mad a bit of money too!
I have 1037 BTC sometimes I wonder how I got so lucky.

I agree a correction is in the forecast. A shallow and brief one though... I predict 5800-6000, lasting only a day or two, if that.

And ignore the troll accusing you of knowing everything. He obviously has never heard of data analysis.

6 k will not happen again but do not worry, a LONG ROAD ahead. ANYONE who tells you Crypto is a short game is NOT IN CRYPTO. 6500 maybe... I got in at 2$ 2010 bby.

Thanks. But "sports" what do you mean? Like trading players? Do you have more info?

People may think they're rich with 'money'.

Are you spiritually rich though?

Like numbers on a screen can ever make you rich!!! Fucking retarded!

Actually, it's the new fake money created by the banking elite think tanks, where you are a complete slave to nothingness. Quite literally laboring in order to receive payment in something that only exists inside your own mind. Slavery.

BitCoin is a fiat currency. It is backed by nothing. Not gold, not anything. It's simply a digital record. At least you can hold a dollar in your hand. Digital records can be erased or stolen. Trust me. Block chain can be cracked.

Fixed that for ya

GLP has become truly regressive low iq forum.
Pondering mainstream narrative.
It is kind of sad.
But funny too.
:)