Member Info for lunq

Also worth mentioning that most, if not all, Bitcoin price predictions made by institutional firms etc, are generally based on charts and squiggly lines. So for all you folks who don't believe in charts... the next time a link is posted because ABC said Bitcoin will reach XYZ, don't get too excited because it's all based on those squiggly lines/dried tea leaves! Goodbye!

I know not everyone believes in the wiggly lines, but from my own personal experience anyway, I've found it more beneficial than not. Without some basic knowledge of technical analysis, especially for crypto altcoins and cryptorelated stocks, I think some money is being left on the table. Ah well.

No TA nerds? You'd think there would be lots of TA guys around given the countless number of predictions and commentary on ARB/BTC price. Kinda getting bored being one of the only few that bothers posting a chart. Commentating on price action without posting the chart the analysis is based on is like masterbating without Pornhub.com - its all left to the imagination? Post the visuals, folks! Cheers. Bye.

Possible final stages of Wyckoff accumulation. 4 hour ARB chart: https://i.imgur.com/oBryDxH.jpg

Sorry, last sentence was not the best. I have no issue with people using food stamps. Only those who spend time licking them.

Pearls, you are always predicting the crash of Bitcoin and Argo...but none ever come true of course. Your forecasts are less Pearls of Wisdom, but more Pearl Harbour - crash and burn. When Bitcoin hits 6 figures this year and drags Argo up with it, my pearly teeth will be beaming at the naysayers who got left behind remaining stuck in the past collecting food stamps surviving on 5 day old sausage rolls.

ARB is up approximately 595% year to date. And about 5900% in 1 year...

You: "That's good for people who got in early. But I bought at xxx."

Me: "That's not the stocks fault, that's your responsibility?"

You: "But people said ARB will moon this week. They said £3 soon."

Me: "People say a lot on here, there are loads of different predictions and opinions. I don't think the general consensus was £3 though, you just picked that number out of your bum?"

You: "I'm at a loss. I'm losing money. What should I do now then, Mr Smarty Pants?"

Me: "If you're short-term trading, develop and follow a system that provides you optimum entries and exit points. Use a stoploss to mitigate risk to protect your capital. Learn to trade and take responsibility for your own actions rather than blame others."

You: "Nah, I'm a long-term investor."

Me: "Learn to develop patience. If you join a queue late, you start from the back and wait your turn."

You: "I don't like queuing though - I'm not British. I'm actually an alien, visiting from the planet Zoro on a mission to find the rarest stamps in the galaxy."

Me: "OK, you're filtered."

It's not uncommon for Bitcoin to have a pullback towards the end of each Quarter. Should pick up again in April, targeting $70-75K in my opinion.

It reminds me of similar commodity miners whose share price generally follow the underlying asset. Sometimes lagging, sometimes front running, but rarely in perfect tandem. Those who want to trade an asset which mirrors Bitcoin's movements...should buy Bitcoin.

This is a meme. But it is also not a meme:

https://imgur.com/a/tGioPGL

(+1 point if you recognise the wojacks)

If you’re trading CFDs aren’t you meant to use a stoploss or at least manually cut the trade if it goes against you? Or is that just for good traders who make money? Kek.

I've mentioned YOP three times on this board now, but I hope this cross ramping is acceptable since YOP is semi-related to Argo (like it's second cousin twice removed or something). The YOP app was set to be released by end of March, but it's been revealed today to be pushed back into Q2. I'm still expecting YOP price to do well when the app is finally released. YOP was around $1.90 when first mentioned this morning, now it's $2.30. A bigger gain than the 3% sausage roll move. Just sayin'. Not financial advice and won't mention YOP again. Cheers. Bye.

https://yop.finance
https://www.coingecko.com/en/coins/yield-optimization-platform

It's worth remembering that Oxygen could still increase from it's current price of $2.90. In a crypto bull market anything can happen and Oxygen's price could easily increase another 10x to $29 or more, lifting Pluto's revenue to $58 million. 25% of that is $14.5 million.

This is the main reason I'm interested in Pluto's other investment called YOP Finance. YOP are releasing a mobile app which will allow users to participate in various IDO's (Initial Dex Offering) similar to the Oxygen investment at hopefully similarly cheap private sale prices.

If you believe in Argo...
You should believe in Pluto.

If you believe in Pluto...
You should believe in YOP.

If you believe in lunq...
You should believe that YOP will pump by end of March when their app is released.

But if you believe in taking financial advice from a random person online...
You probably shouldn't?

Yes it’s weird how finance is never really taught at school. I think I received a total of 1 hour of financial education during one of those PSE (Personal & Social Education) lessons and the topic was understanding APR interest rates using credit cards and loans as examples. The cynical side of me thinks that this was deliberate. As in: “Don’t teach the little peasants how to look after their money so they become reliant on joining the rat race serving as slaves in the system until they are 65. But do sow the seed, subtly encouraging the plebs to apply for loans and credit cards as mass consumerism is dependent on people forever spending money on material items - and the more credit the plebs have, the more they can buy!”

There's a couple of ways at looking at this. On the one hand, it signals growing awareness and adoption of Bitcoin among retail (the normies). "New paradigm! Bitcoin will be the next world reserve currency. Up yours Bankers!"

On the other hand, it may mark an important shift in the market cycle. If retail purchases continue growing outstripping institutional money it's really a matter of time until the macro Bitcoin bull cycle comes to an end in my opinion. Generally speaking, retail do not buy the bottoms. Institutional do. Retail buy the tops, whilst institutional sell the tops. AKA Dumb money versus smart money.

This cyle shift is also noticeable on a micro level. i.e. this board. Complaints about growing levels of ******ness on this board and how "it's not as good as the old days" are a sign. Similarly, recent increases in the number of threads with spelling/grammar mistakes; references to Bitcoin as "The Bit Coin"; asking how to buy Bitcoin on Hargreaves Lansdowne. They are signs. "Sam The Receptionist" is here. Pat The Postman isn't. Yet.

Still got a while to go before Bitcoin's current bull market comes to an end in my opinion. Some believe we are in a "Super Cycle" and the run could last longer than previous years. Others think Bitcoin will moon vertically to $1 million without going through a bear market again. As ever there are conflicting arguments. The only I thing I know is that the "system" is not designed to allow everyone to get rich. If everyone was allowed to get wealthy and never went to work, there would be no one left to sweep the chimneys...

Tiger, ask the same question whilst looking in the mirror and Eva will tell you the answer.

Piri up 1.30% now. Mode down 0.20%. Greggs up 4.85% (on investing.com) Probably different results when checking again in next hour. Which kinda renders this thread kinda pointless I guess. Just like most of my comments. Cheers.

Haha, what coins you looking at entering?

Stnz, does this post still deserve praise if taking into account the OP's other positions? Piri down 0.29% and Mode down 0.95% today. Total net gain of 1.76%. Just sayin' guys. I'm just here to troll the trollers at this point. Will leave once lockdown and bull market ends.

hahahaheheh, there are always coins doing well in crypto making crazy percentage gains, but buying before they pump is the difficult part...

zoro, just for perspective, the last time I waved my little pencil around it was after the conclusion of a trade setup I posted publicly here. I posted the entry price, the target price and a specific time frame. End result was a gain of 112% taking 12 days. Just sayin'.