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LIFE

FCT delusional moon dreams. I prey to Satoshi Shakespeare is Satoshi reincarnated. not many people realize the relevance of his prose in the crypto sphere. To go long on margin or to not long on margin, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous rekt on margin, Or to take Arms against a Sea of whales And by hodling end them What is Shakespeare intimating you might ask? Well of course he is implying that we must all be aware of the margin gains goblin. Wicked whales whip saw the wild wondering market. Sometimes its simpler and easier on the soul to buy on the spot market rather than with margin. And although shitcoins perhaps lack long term viability and reliable growth in their btc pairs, we can revel in the shitty shittyness of the shitcoin like a fat pig wallows in the mud and debris of its pen before its ends up slaughtered by the farmer. But you see we are no ordinary pig. As traders we will take the whale bait and get as fat and ferocious as we can; wring out as much food and financial sustenance as we can and escape before the whale farmer slaughters us. ‘You see a shitcoin by any other name would smell just as shitty.’ What is Shakespeare intimating with this quote? I believe he is implying that only insentient crypto clowns perceive the adjective ‘shitcoin’ as a negative appraisal of crypto worth when in fact it is actually a compliment. Shitcoins are the fecal glue that bond the heroic autism of greedy computer scientists trying to cash in on the crypto fad, with the purported altruism and viability of so many shitcoins as the seemingly ever growing masses exercise their right as a shitcoin soundboard to drown out any criticism of their beloved digital tulip. FCT, like LTC LSK BTS BTC XLM are among my HODLs. Ive analysed my chart using elliot wave meme lines and in addition to technical analysis id like to think this hodl is supported fundamentally. Unlike many useless shitcoins, FCT seems to have decent fundamentals. It has a fairly small market cap of 342 million, small coin circulation of 8,745,102, clear whitepaper and active development towards perhaps a more realistic goal of recording keeping on the blockchain which is a far cry from the often inviable goals of other cryptocurrencies. Devs have decent funding raising around 1.5 million in 2015 and 8 million in 2017. The coin is listed on poloniex as a margin coin and and has been in active development for 3-4 years meaning it has market support as a coin that has weathered bear markets. There is a possibility that FCT breaks out of its long term sideways structure but I may also be consumed by delusional unrealistic moon dreams. Ive identified possible meme line support levels as possible stop loss points and cost average points. We could also face a head and shoulders which could mean more down for the right shoulder around 0.002. Trade with your own due diligence and only trade with what you can afford to lose. Im a virgin with no friends who gets rekt in crypto. idk what im doing.
FLong
by captrade
3
Story of how I panicked sold like a bitch + LTC Predictions (: Man what a crazy night. Definitely a lot of FOMO and FUD. It was a humbling experience especially when I broke my personal trading rules. I didn't step away from the computer and I let my emotions take control. I did cut my losses which I was prepared to do and 100% did not regret the decisions, but I realized I could have mitigated the amount if I reacted with conviction and surety. Then I did the worst thing any trader can do... I chased the market. There was a lot of price manipulation going on last night. I had buy orders back in at $68...I saw the market spike back to $70... saw that ETH wasn't dipping at all and I bought in.....BOOM two seconds later market dropped back down to $68. Sold at another loss....only to have the market recover... The group chats had a great conversation about learning to trade without emotions. How some of them stepped away from the screen when they saw the panic starting to hit and went to eat a nice dinner. Came back and viola market recovered and all is well. While i stood at my screen semi raging at my own stupidity :P I drank some beer, played CSGO & PUBG and ended the night hanging with friends and a tough lesson learned .... cost me $3,000. OUCH (Still more than I learned in college, haha JK).Learning to streamline your efficiency as a trader involves getting a strong grasp of your emotional control and risk management. Yesterday I got a BIG FAT F in both departments. Thankfully I recovered most of the losses this morning. I decided to update my TA's and when I looked at the original chart I posted last week i seriously felt like a big ding dong. The market has been following my predictions fairly closely and I threw away my hours of analysis and supporting evidence just because a couple pennies moved. Yes, we have to remain agile in such a volatile market such as crypto...but we also have to stick to our guns. I do not regret the mistakes I made yesterday, but i realized I could have handled the situation better. Hopefully, I am not the only to have experienced this. Price Predictions: Several things can happen here. We still have a strong support between $70-67 range. We can expect consolidation and buildup here. It has been bot actions and low volume for the past week. ETH and BTC are hitting ATH and little bro LTC is feeling underappreciated. Is he the middle brother Ball brother??? LOOL Let's hope not. Personally, I think LTC will get its rise to fame. We haven't hit the volume and stride we needed, but I thinnk we are almost there. This has been a very resilient little coin and has been on an overall uptrend. It continues to break barriers at every turn when people just want to give up. Holidays are coming up...and I know this little coin will do well. I am setting my sell points at $75 - 80 for the next three weeks. Great buy in points are $69-65. Even lower if BTC falls off its ATH. I can expect a quick recovery for ALTs affected and a bounce back. Resistance for LTC stands at the $72.5-75 mark. If we can get volumes like we did last week to break the $66 TP, we are golden poney boy. Again....to qualm the storms of those who own cryptos and LTC. One day we are going to look back when LTC was priced at $70 and wished we bought some more. Let us start looking big picture and expand beyond the day trading mentality (you can still make $$$$ DT LTC). In the month of November, we moved from $50-70. That's a big step for LTC.This baby is going to $100-200 next year. It is only a matter of time. Soooooooooooooooooooo dont be a dumbass like me. Stick to your guns and be confident in the trades you placed. :) Happy Trading and Happy Thanksgiving. Don't forget to give to those less fortunate than ourselves. Remember all of the money/success in the world will not matter if we never made a personal impact in the lives of others.
BITSTAMP:LTCUSDLong
by regalia
16
Reinvigorated Lisk Moon Dreams + Meme Lines + Trading PsychologyI finished psychology 101 at university and I am submitting this chart for my thesis on both realized and crushed moon dreams. The meme lines are a combination of elliot wave and the wyckoff trading method after hours spent staring at this chart perfecting the lines in a dimly lit room accompanied only by the momentary buzzing of my phone as it notifies me of a trading alert due to a breached resistance level and the thick scent of ramen noodles which is the only food I can afford because im still yet to build a profitable trading system which might afford me some variety in the food I eat. The truth is im not a programmer or even a good trader so I don't understand the technical part of this coin but im going to buy this due to feverish shitcoin hype in the main chat. There is also the possibility that shitcoins only recover briefly after the hardfork followed by a continuation of the bear trend in conjunction with a correcting btc over the holiday period. As always trade at your own discretion these moon dreams are risky and at times delusional.
LLong
by captrade
13
Delusional Lisk Moon Dreams Lisk might face some resistance with this potential rising wedge so depending on your risk tolerance you could try trading it. I doubt I will try to trade any highs because I am completely consumed by moon dreams. I am all or nothing going to take profit at 0.003 and then 0.0045. I got fucking rekt on cripple with a margin long and in true market autism, traders bought the rumor and sold the news, leaving delusional margin longed moon autists like me, bag holding just in time for xrp to dump harder than someone with chronic diarrhea, liquidating us all. I didn't practice any risk management, didn't use a stop loss and was absolutely shrouded by moon dreams and hype; the end result being fucking rekt RIP. I then closed at the bottom and now thats all said and done ripple might moon for I have bought high and sold low and the whales have successfully taken my btc but i am fucking done with that coin, on to alternative moon dreams now. So after that background information we can conclude that I am chasing profits but this time trying a more long term buy and hold strategy for these meme coins. As far as I know you cant margin trade lsk like you can bts or ltc which might be a blessing in disguise for me as I am prone to full margin long induced REKT and then venting my frustrations at the expense of everyone in the trading view cryptocurrencies chat. I am full margin long with bts and ltc and its only my delusional moon dreams keeping me from getting rekt whereas with lisk I cant margin long so I can just HODL indefinitely until it reaches ath at least which I would say has a good chance of occurring because the SDK and rebranding are coming out supposedly in q4. Also lsk is very well funded, has a HQ in the business district of Berlin and is one of the most transparent alt coins ive seen in crypto. I can only see lisk dumping to the lower green lines if LSK is hit with very bad news either before or after SDK. If that should happen depending on the news and the state of crypto and BTC, I would most likely sell my rusty shit car and buy lisk depending on how bts and ltc care going . LTC BTS LSK are my current longs and now I am now 100% in alts. Hopefully I can make back my life savings and get out of REKT status. Good luck and do your own due diligence. Dont trust my trades because im a shit trader. I wonder if I lose everything by next year and am back working for minimum wage.
LLong
by captrade
5
Delusional LTC moon dreams am I rekt? 0.01 seems to provide good support If this fails then long more at 0.008 and then 0.007. I've bought spot and also margin longed this and im not using a stop loss. probably going to get rekt but maybe the banksters try to moon all alts before christmas and failing that im betting that whales may start to get into alts around march similar to early 2017 alt season. Do your own research and dont trust a shit trader like me. I consistently get rekt and im most likely going to lose my life savings but ill still cling onto these moon dreams choo choo motherfuckers until I get liquidated.
Long
by captrade
8
CAD/JPY 4HR POSSIBLE BREAK OF 'BULLISH' FLAGWaiting for price to retrace to the 4hour, 50ema and gain momentum to break the channel so i can confirm a Long trade. I see price retracing to 50ema where there is also a 61.8fib level from a previous successful structure. 4hour channel + (potential candlestix) & Gr4d within. thumbs down: No 123 patterns in motion but weekly just closed on bullish 123 last week. no we have a new Gr4d which has not been touched unline the candlestix Gr4d before it which has been pierced but price has not closed over yet. Overall we are still bullish but i do not have my potential 123 in motion to confirm my trades.
Long
by UnknownUnicorn911750