The Litepresence Report on Cryptocurrency

[presence]

Screw it, I'm going long. Downtrend is broken. Way too much upside potential here.

Today is the day of departure. You pick your seat and get on the bus. Some want front seat, some take back... but don't wait till bus is full you you miss the ride.

I've never been big in short play. Consistantly trade a chart long; buy the 3d red daggers, sell the green... statitistics will put you in a good place in the end.

Anything sub 240 is a great trade; and will reap profits this time next week.

 

[muh_roads]

You don't have to get verified with an exchange. I just trade on the exchange and when I want to withdraw my earnings I just send some BTC to Coinbase and cash it out that way. I use Bitfinex for trading and haven't had any problems. If you just use Coinbase that means every trade you make goes through your bank account, which you really don't need to do.

By the way, I went ahead and went long. I'm not waiting for 130s anymore.

I think u may still get your 130...but I think some elliot waves need to happen first. 33% drop was already a lot...

Just checked the charts. Yeah...something is happening here...

 

[muh_roads]

Nope (( I'm in North Carolina, unfortunately. Can't wait to blow this pop stand.

That's too bad. You plan on moving to a state that does?

Once the USD Wallet comes online, then you want to link your account to a 3rd party compatible coinbase app called StopCoin. This combination will transform coinbase into a regular trading account without it dumping to your bank account when you sell.

 

[PaulConventionWV]

Turned out to be a good decision. There's still time to go long if you haven't already.

 

[muh_roads]

Turned out to be a good decision. There's still time to go long if you haven't already.

OT, are you reporting in from China? Thought I read somewhere you were heading out that way.

 

[PaulConventionWV]

OT, are you reporting in from China? Thought I read somewhere you were heading out that way.

I have a job there, but I'm still working on getting my visa. Should be leaving some time in March.

 

[FSP-Rebel]

China is doing their thang now and it doesn't look like they're cashing out like yesterday's morning. Perhaps, it is time to flex a long and hold. Either way, buying now shouldn't yield too much on the negative side and we all know what the upside could look like. We should be dropping 20-30$ soon if we're gonna get a repeat of yesterday or more. I already bought some and thought I'd save a solid fiat stack to see if we go defcon but am not hurting on either as of this moment. I'm cautiously optimistic for northern territory going forward.

 

[Suzu]

Peter Schiff is still very bearish on BTC. Skip ahead to 22:20 to hear what he says about it.

 

[presence]

 

[muh_roads]

Peter Schiff is still very bearish on BTC. Skip ahead to 22:20 to hear what he says about it.

Peter can predict that bubbles can burst...what a scholar...lol

Where was he to warn me about gold & silver before those burst? Oh yeah, I forgot...he makes his living off of being a middleman for metals. Bitcoin is the enemy of middlemen. He acts surprised when metal bubbles burst while he probably secretly sells...lol

He knows how to trade. He didn't make his money by being an idiot trader. He is free to do what he wants. But people need to stop viewing Schiff as some sort of saint that cares about them before himself.

 

[muh_roads]

Earlier I mentioned how sometime between March and May we could see $500's again. Your consolidation timetable would align with that well.

On the 12H chart when zoomed in, I'd say that is the biggest green candle we've seen in 2 months...minus the doji candlewicks of others.

 

[muh_roads]

I have a job there, but I'm still working on getting my visa. Should be leaving some time in March.

That's cool. English teacher?

Would love to travel and disappear somewhere for a while.

 

[muh_roads]

China is doing their thang now and it doesn't look like they're cashing out like yesterday's morning. Perhaps, it is time to flex a long and hold. Either way, buying now shouldn't yield too much on the negative side and we all know what the upside could look like. We should be dropping 20-30$ soon if we're gonna get a repeat of yesterday or more. I already bought some and thought I'd save a solid fiat stack to see if we go defcon but am not hurting on either as of this moment. I'm cautiously optimistic for northern territory going forward.

If this sets up properly it should provide opportunities to play the waffle between 200-300 for a while. I think we may have survived despair/fear/depression and moving into consolidation. As always, I guess we'll soon find out.

 

[Dianne]

You don't have to get verified with an exchange. I just trade on the exchange and when I want to withdraw my earnings I just send some BTC to Coinbase and cash it out that way. I use Bitfinex for trading and haven't had any problems. If you just use Coinbase that means every trade you make goes through your bank account, which you really don't need to do.

By the way, I went ahead and went long. I'm not waiting for 130s anymore.

I'm going to explore Bitfinex today. Do you have a referrer's code?

 

[Dianne]

If this sets up properly it should provide opportunities to play the waffle between 200-300 for a while. I think we may have survived despair/fear/depression and moving into consolidation. As always, I guess we'll soon find out.

Sounds good !! Maybe it will waffle until next pay day lol.

 

[Dianne]

Do we still think LTC going to tank to .80 ish or did we bottom out in your opinions?

 

[PaulConventionWV]

I'm going to explore Bitfinex today. Do you have a referrer's code?

Yes, I do.

4DMKZXPO8F

 

[muh_roads]

Yes, I do.

4DMKZXPO8F

I'll add you too. If I can't I'll make a new account.

 

[muh_roads]

[video]https://pbs.twimg.com/tweet_video/B7ZecI5CAAEdnVe.mp4[/video]

 

[PaulConventionWV]

That's cool. English teacher?

Would love to travel and disappear somewhere for a while.

Well, this is a great way to do it. Probably one of the easiest ways to do it unless you're just super adventurous and decide to wing it. There's a guy on Youtube who basically just hopped on a plane to China after visiting the country once and he was actually homeless for a while but was able to get back on his feet and now lives a great life there. That's something you might do if you're particularly adventurous/motivated/desperate.