Re: Bitcoin is going down like the Titanic & here are the memes
61There's a loss of trust in the industry? That'd be bad for it, I think.
The safest way, I think one can trade Bitcoin is to go to Tradingview and compare it to all the major currencies: BTCUSD, BTCJPY, BTCNZD, BTCCAD, etc...Cladi39 wrote: Wed Sep 08, 2021 2:02 am Thats why i dont do Bitcoin . I do not like shocks for the health of my heart
Imagine if someone would have compared this to the 8 major currencies, they could make a ton of money.
ChuChu Rocket wrote: Tue Jun 22, 2021 7:13 pm Bitcoin is going down like the Titanic & here are the memes
According to Stockhead, Bitcoin is "going down like the Titanic". Sounds like these guys have never seen a Forex chart before, but as Bitcoin continues it's move towards the downside due to China tightening its Crypto crackdown, some Crypto "Analysts" are blaming a once-in-a-lifetime "death cross" of two moving averages intertwining last week
Others who are pretending to be traders are doing just that and spending their day making memes (again)
That's a great idea mate, I have not thought about this comparison with currencies until you've mentioned it!naluvs01 wrote: Wed Sep 08, 2021 2:35 am The safest way, I think one can trade Bitcoin is to go to Tradingview and compare it to all the major currencies: BTCUSD, BTCJPY, BTCNZD, BTCCAD, etc...
When it is performing weak against the 8 majors, that's an indication to sell. And vice versa, when you want to buy. Strength and weakness is the name of the game.
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