Hello everybody! I've been in pretty good spirits about the crypto markets as of the last month. We have seen some trends forming in BTCUSD daily chart (my preferred chart for seeing the bigger picture). As you can see I believe that the downtrend is over, I believe that we sunk into our double bottom and the MACD will continue to chug away in the positives. But hey, I'm very new in the trading game. I'm just trying to look at the market with my own eyes and gut feeling and take my plunge to continue to increase my portfolio.
I've taken a lot of long positions in multiple coins. My favorites being BTC, XRP, ONT, DBC and NEO. Even being a new trader I've been able to double my portfolio in one month! Fuck you'll probably never be able to say that in the stock markets.
There is another reason for my mood and it's not just charts. I think sometimes people get lost in charts and forget about actual projects and news and how much those can create bulls that don't give a flying fuck the RSI is over 70.
There is two major news points that created a bull out of me.
First is tax season if over. This was undoubtedly adding fuel to the fire but probably not the only cause.
Second is in NYC there is a conference forming with some of the largest players in the industry paying mother fucking top dollar for sponsorship! The top sponsorship go for 100k a piece. This includes ledger and also a recently unknown coin to me called SONM (keep your fucking eyes on this, I'm making a quick trade going into the conference).
Of course I'm talking about consensus from coindesk. If you don't know now you know. And you better get your ass over there and check everything out. Nobody pays 100k for sponsorship unless they know there are some deep pockets coming which is no surprise as tickets go for 2k and I believe only institutional investors will be present.
We have 8 days left!
Keep in mind I might just be insane! Do your own homework you lazy sack of shit.
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