Is Bitcoin correccion writing on the charts?

patienceisall (25)in #bitcoin • 7 years ago (edited)

Bitcoin correction begun on December 17 2017. In 4 more days it will be exactly 2 moths. I can't help to look at the chart and be happy to see that one more low and this should be over.

Now I am not chartist or Eliot wave analyst. I am a new crypto believer that was fortunate enough to be enlightened by the linguistics of Clif High @clif_high, about 5 months ago. The fractals and geometrical teachings of Mr. Haejin @Haejin_Crypto about a month ago, and the amazing efforts of guidance and teaching charting from great mama whale Philakone @PhilakoneCrypto about 2 weeks ago. If anybody is new to investing in bitcoin and cryptos, you better check them out. You will find pretty much with them what is necessary to succeed in the good times and prevail in the down times. I am sure there must be more individuals who try to make a community of success for everyone away from the failing old system. Unfortunately there are those that bring greed and selfishness, but that is a different topic.
Anyways, after a long journey of ups and downs, the posted picture shows what I see. Which should be finish if not today, in the next day or two. Now I don't know about you, but I took profits and have put them aside for the deeps. I have already bought on this previous deeps, and took some more profits. So if it goes down like in my chart, I'm ready to buy more, how ever this might be a very quick spike of down and up. And the beginning of a new season of success in crypto gains will begin.

You can see beautiful identical papa, mama and baby fractals completed.

Stay humble, be patient and help each other to succeed with out greed. I will post the picture of what I see, again I am not a professional, but I have put all my efforts into learning and the picture shows what I been seen for three days now. I have not seen anyone in any platform show what I see, other than one person in a reply to mama whale @PhilakoneCrypto. Don't hate and lets cooperate to come out of this down trend.

If you are not experienced in trading, don't play that game because youtubers tell you soo. Make sure you study hard and learn if that is what you want. In the mean time people will be better holding a couple of months and longer term if you believe in any project or crypto currency. Cryptos will give you a lot of profits when it rises (when that happens don't be afraid to take small potion of profits to buy the deeps) that has worked personally for me.

Yesterday I seen clif tweeter @clif_high and I kind of felt he was warning people of things happening this month and next in a codified message. I think one of them is related to BTC dropping price one more time. He tweeted, "sharpen teeth (biting time comes)" the correction forms the crocodile teeth he talks about all the time. In the parenthesis, (biting time comes), you take the first letter of each word and it spells the initials of Bitcoin, BTC . He also says, " avoid the prop-wash when in reverse." I can't help than think that with the speed of Bitcoin reversal of ups and downs with huge fluctuation volatility, a lot of greedy people trying to profit every cent will be left behind in a blink of an eye. Just like it has already happened when BTC jumped from $7000ish to $20000 in a matter of weeks. Keep in mind that the higher BTC reaches in price, the bigger the corrections will be. I expect a couple this year. Thanks for taking your time to read through my thoughts.

#cryptos #investing #correccion #market

7 years ago in #bitcoin by patienceisall (25)

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sharpshot (65) 7 years ago

I like your charts but I don't understand why people listen to Clif High? Do your research on him, he has a bad record predicting silver prices. He makes lots of gloomy predictions about the world economy and natural disasters, most of which haven't worked. Some of the people he does YouTube videos with have scammed others in the past and I wouldn't trust any of them.
Have a look at this
https://en.wikipedia.org/wiki/Web_Bot#Misses
A lot of his predictions that have failed are talked about in these videos
https://www.youtube.com/results?search_query=clif+high+scam

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patienceisall (25) 7 years ago

I know, he has fail miserably on those predictions. However, his message is bigger than just for people making money. I actually begun listening to him for his spiritual message, health healing, and him calling out on corruption and world governments crimes. I never paid attention when he spoke about cryptos, because I didn't know what it was. It was only until a live interview where he was explaining as to why he was so accurate on his predictions of cryptos and many people made a lot of money called my attention. This was on july or august last year. I remember on that very interview he also called Bitcoin to be 13,800ish by mid to late February of this year. People were making fun of him and trolling him in December when bitcoin was almost $20000. Even in December when bitcoin was at that all time high, he assure firmly that bitcoin will be 13800ish mid to late February of this year. And look where we are at now. Through out all this correction he has been one of the strong hands telling people to hold if they were not traders. That this is only temporarily and cryptos will rally to new hights. I also know he has made some bad calls on cryptos, but his predictions are probably at an 80% accuracy in my opinion. But I also understand that his data reads sentiment, and as time prospers, sentiment changes. Look at how happy and thankful people were early December, and how extremely angry and negative people begun to be late January and early February. I begun doing my own research and got involved in cryptos. I invested in every coin he predicted that will grow in December and January, and despite this downfall of cryptos I have made over 200% profit. At the end of December fist week of January I was at 600%, but because I was uneducated in investing, I did not take profits. but still made a killing only on the coins he called out to succeed. My portfolio made by myself solely on Cliff high calls, it remain in the green positive side. Not a single coin turned red on my portfolio. I had never made one. The only reason why I am not to harsh on him about those bad calls on silver and gold, it's one because the price of gold and silver industry is high jacked and manipulated by a few individuals and institutions. Second because he is not a financial advisor, a future reader or chart reader. He interprets what his data projects. As of my experience at least on his crypto calls have been very profitably for me. But the reason I hear what he has to say is much more than just for me to make money. He basically has a message where he hopes humanity rectifies the wrong path that has taken, and to become beings of good to coexist in a peacefully manner with equally wealth an opportunity. Unfortunately we first have to overcome greed and selfishness. However I don't take everything he said to the letter. I hear what everyone has to say and I look at every angle. After hearing and watching both sides I make my own conclusions. I am not a follower, I am myself and I am open-minded to anything as long as I am respected as a human being. Thank you for your time, and have a nice day. I apologize for replying a little late.

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