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Brandson

Member
Oct 26, 2017
2,219
The RSI triangle is currently breaking down, and the 12H MACD crossed as described. If those hold for 6 to 12 hours, and don't bounce back up in that time, then we should see more downward pressure. Selling some on a bounce might be a strategy here. Trade at your own risk.

Was anyone able to get out in time to catch this? The fall was pretty fast. Riskier to exit now.
 

rezn0r

Member
Oct 25, 2017
747
wow @ VEN, I grabbed a bunch near the start of Dec or maybe earlier and was paying no attention. I actually got burnt out and just closed all of the tabs/apps I was keeping open and haven't really been watching anything, just letting it all sit. Even with the BTC drop I'm still looking great (mainly thanks to people in here)
 

visvim

Banned
Oct 27, 2017
1,160
As an early adopter I got access to a private 'whale' crypto board. They are currently talking about Chinese whales getting banned entirely from accessing any exchanges from a Chinese IP address. Not good. The PBoC is sending out emails to it's VIP groups to liquidate crypto holdings asap. This *could* be the reason the price is tanking. If asian whales are dumping the price is going to crash hard.

Don't want to cause panic but if you lock in profits now I wouldn't blame you. Be safe out there. This year is going to be a bumpy ride.
 

killerrin

Member
Oct 25, 2017
9,237
Toronto
So, when and how are you going to look for the lowest point of the dip? I'm afraid that when it's obvious that stuff is recovering, it'll be too late already.
Ideally, couldn't you set alert for just below when you sell, then watch? Worst case scenario, you catch it going back up and you lost only the trading fee. Best case you can regrab for lower
 

AlsoZ

Member
Oct 29, 2017
3,003
As an early adopter I got access to a private 'whale' crypto board. They are currently talking about Chinese whales getting banned entirely from accessing any exchanges from a Chinese IP address. Not good. The PBoC is sending out emails to it's VIP groups to liquidate crypto holdings asap. This *could* be the reason the price is tanking. If asian whales are dumping the price is going to crash hard.
Whales and their manipulative behaviour are annoying as hell so good fucking riddance if true.
 

artsi

Member
Oct 26, 2017
2,683
Finland
I was thinking about buying more ADC (I'd like something like 10,000 of them) but Cryptopia seems to be down right now.
 

Septic

Banned
Oct 27, 2017
1,071
We had a good run guys...
vEHYh9m.jpg
 

Jessie

Member
Oct 27, 2017
9,921
On the bright side, we've probably hit rock bottom for the rest of the year. Or we're soon to hit rock bottom.

Outside of a complete collapse.
 

SonicXtreme

Member
Oct 27, 2017
1,713
So, when and how are you going to look for the lowest point of the dip? I'm afraid that when it's obvious that stuff is recovering, it'll be too late already.
its a suckers game looking for the 'bottom of the dip', if you are really trying to pile more money in, just cost average as it goes down when it's below your targets as appropriate.
 

Deleted member 8561

user requested account closure
Banned
Oct 26, 2017
11,284
As an early adopter I got access to a private 'whale' crypto board. They are currently talking about Chinese whales getting banned entirely from accessing any exchanges from a Chinese IP address. Not good. The PBoC is sending out emails to it's VIP groups to liquidate crypto holdings asap. This *could* be the reason the price is tanking. If asian whales are dumping the price is going to crash hard.

Don't want to cause panic but if you lock in profits now I wouldn't blame you. Be safe out there. This year is going to be a bumpy ride.

Care to share some screenshots?
 

Shorty11857

Member
Oct 25, 2017
828
Think I'll just hold what I have. Tempted to buy the dip but have too many real world expenses this month. Market could go sideways from here for a couple of months.
 

puebla084

Banned
Oct 30, 2017
104
Just woke up. Deposits taking long turned out to be good this time. It's starting to look like the altcoin market is fucked for the next couple of months.
 

tommy7154

Banned
Oct 25, 2017
5,370
Just woke up. Deposits taking long turned out to be good this time. It's starting to look like the altcoin market is fucked for the next couple of months.
Ehhh dont think it'll last a couple months. Maybe though I have no clue really. Regulation probably coming and all kinds of shit happening so should be pretty wild. All I know is I want more XRB but don't want to deal with Bitgrail again.
 

Deleted member 8561

user requested account closure
Banned
Oct 26, 2017
11,284
dude's legit either believe his posts or don't, this is really rude tbh

It's rude to ask for some type of proof of a secret "whale" board where people are getting the inside scoop of being told by the PBOC to liquidate crypto assets due to an incoming wide ban?

Specifically in a crypto thread when we're having a major correction, which could be temp or long term?
 

SonicXtreme

Member
Oct 27, 2017
1,713
It's rude to ask for some type of proof of a secret "whale" board where people are getting the inside scoop of being told by the PBOC to liquidate crypto assets due to an incoming wide ban?

Specifically in a crypto thread when we're having a major correction, which could be temp or long term?
Yup, you know he could only risk like his entire account there. either believe him or don't. he owes you nothing and tries to drop nuggets of help. ignore them or don't.
 

Kyuuji

The Favonius Fox
Member
Nov 8, 2017
31,932
Yup, you know he could only risk like his entire account there.
There's ways to avoid that and we're talking about people staking money. Ignore their request for proof if it bothers you, it's certainly not rude to ask for it. If they declined and then someone pushed it further, then it would be but a simple request before deciding to go one way or the other is perfectly normal.
 

Deleted member 8561

user requested account closure
Banned
Oct 26, 2017
11,284
Yup, you know he could only risk like his entire account there. either believe him or don't. he owes you nothing and tries to drop nuggets of help. ignore them or don't.

If we were in gamingERA, someone dropping that news/rumor for a game/studio would have been hit up by mods for some type of evidence to show there is at least some type of credibility with the person sharing the rumor or proof of the source.
 

nonuser

Member
Oct 27, 2017
498
It's rude to ask for some type of proof of a secret "whale" board where people are getting the inside scoop of being told by the PBOC to liquidate crypto assets due to an incoming wide ban?

Specifically in a crypto thread when we're having a major correction, which could be temp or long term?

Though it doesn't prove or disprove his claim, there are articles from today talking about the PBoC thinking about banning both mining and access to exchanges domestically (iirc).
 

fierrotlepou

Banned
Oct 25, 2017
1,255
If we were in gamingERA, someone dropping that news/rumor for a game/studio would have been hit up by mods for some type of evidence to show there is at least some type of credibility with the person sharing the rumor or proof of the source.

Agreed, if you're going to speculate about this stuff, you should deliver proof or should PM a mod.
 

DrM

Member
Oct 26, 2017
3,076
Slovenia
Binance is opening registrations again for limited amount (100k+ daily).

Mod-edit: We don't allow referral links on this forum
 
Last edited by a moderator:

tommy7154

Banned
Oct 25, 2017
5,370
Ah turns out it was down for a server side reason.

Fellow Binancians,
Due to the overwhelming surge in popularity, Binance will have to temporarily disable new user registrations to allow for an infrastructure upgrade. We apologize for any inconvenience caused.
2018/01/05
Infrastructure upgrade. Awesome. Hopefully it all goes well. I wonder what Cryptopia is up to in that regard.
 

CelestialAtom

Mambo Number PS5
Member
Oct 26, 2017
6,037
Going to buy a little bit more and just wait and see. I'm well in the green, but buying this low isn't bad.
 

captainzombie

Member
Nov 29, 2017
2,138
Isn't the wife of Vechain's CEO on the board of PBoC?

I just saw that on Reddit, so that could be in VEN's favor. While this is really cheap at the moment, I think I will end up getting some more VEN, it's what I have been waiting for.

At this point, the best advice is to HODL through this. If you think that you can sell off coins and dump them in something that will make you some decent profits then I would do that. In no way would I take a loss and exit out.

The only token that has me at a loss right now is VEN since I bought at $6, but I'll use dollar cost average to get that in the even. Everything else I've been either HODLing since the summer or added before the December bull run. ADC which I did buy when it was first schilled, I am still up on that so it'll be interesting to see if it drops further.