Cryptocurrency market trends I

[Apollo]

@Apollo what resources would you recommend to learn about the crypto or stock market ?

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Then go to youtube and look for tutorials and learn the basic indicators like RSI, moving average (MA), exponential moving average (EMA), and MACD. Then learn about fibonacci retracements and fibonacci extensions.

With that above knowledge you should avoid getting crushed and be in profit.

 

[Ghengis Kaarhis]

Don't buy at an all time high. That's worse than gambling

I can confirm, I did that with XRP @0.60+

 

[Apollo]

@Ghengis Kaarhis @Halimo Supremist @dr.leorio

I see no evidence that altcoin season has started. They will underperform bitcoin for the coming weeks, stay away from them for the time being.

When BTC is showing weakness against alts I will inform you, but it isn't now.

 

[Ugbaad Geel]

I disagree, Alt coins are killing it right now.

 

[Apollo]

I disagree, Alt coins are killing it right now.

Which ones? Don't look at USD gains. Look at their chart vs BTC. Like ETHBTC, LINKBTC etc. Most are in a downtrend against BTC.

 

[Apollo]

@Seviroth

Most alts are in the same trend, at this point it is not better to buy alts.

 

[Ugbaad Geel]

Which ones? Don't look at USD gains. Look at their chart vs BTC. Like ETHBTC, LINKBTC etc. Most are in a downtrend against BTC.

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[Ugbaad Geel]

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[Ugbaad Geel]

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[Apollo]

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Literal shitcoins, ignore all sub 2 billion market cap alts. That shit is gambling. Only the ones above 2 billion market cap are worth analyzing.

Crypto Research, Data, and Tools

Gain an edge over the crypto market with professional grade data, tools, and research.

messari.io

This cut off point changes over time, but I know where it starts becoming jokes and not serious.

 

[dr.leorio]

I can confirm, I did that with XRP @0.60+

You're a day trader then? Ngl, Bitcoin looks great right now. Kinda like fools gold

 

[Apollo]

You're a day trader then? Ngl, Bitcoin looks great right now. Kinda like fools gold

BTC vs XRP.

If XRP goes under 427 satoshis it is done for good.

Very ugly chart:

 

[kickz]

BTC vs XRP.

If XRP goes under 427 satoshis it is done for good.

Very ugly chart:

If that SEC lawsuit goes well could be in for a nice pump of like .01 to $5

 

[Apollo]

If that SEC lawsuit goes well could be in for a nice pump of like .01 to $5

Gambling though, that long term chart looks very ugly. It will not outperform BTC long term using buy and hold. Only if you want catch those pumps is it interesting, not for HODLing.

 

[Ghengis Kaarhis]

If that SEC lawsuit goes well could be in for a nice pump of like .01 to $5

If it touches anything near that I’m buying to recoup initial loses!

 

[Apollo]

If it touches anything near that I’m buying to recoup initial loses!

You should have listened to me in page 1.

 

[Ghengis Kaarhis]

33 000

 

[Ugbaad Geel]

Literal shitcoins, ignore all sub 2 billion market cap alts. That shit is gambling. Only the ones above 2 billion market cap are worth analyzing.

Crypto Research, Data, and Tools

Gain an edge over the crypto market with professional grade data, tools, and research.

messari.io

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[Apollo]

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Read this PDF:

https://messari.io/pdf/messari-report-crypto-theses-for-2021.pdf

This website messari.io is the Bloomberg of crypto. They do heavy research. That PDF is their outlook for 2021.

 

[kickz]

Gambling though, that long term chart looks very ugly. It will not outperform BTC long term using buy and hold. Only if you want catch those pumps is it interesting, not for HODLing.

Never held it, but I am getting in on these dips, it’s low risk rocket ticket