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I’ve made a lot of money with stop losses and more importantly have prevented losing a lot of money. That is horrendous advice. I’m also not a day trader. I don’t have the time nor the desire to watch the market move.
I can’t produce any proof, so this is going to sound conspiracy themed, but I’m convinced RH is not transparent with order processing and options when ordering intentionally to “skim” off the top.
Placing market buys and sells on that app is the shadiest thing I’ve done in recent memory.
You can’t place stop loss orders with Robinhood, they suck for many other reasons. I’m speaking from personal experience.
Thank you and agreed on Robinhood.
Check out “Webull”. It’s an app on iOS and Android. It has some really nice AND free charting tools. Don’t quote me on the but I don’t even think you need an account for the charting tools (I’ve been using it with an account for awhile).
xZx - what range/timeframe do you use when you chart crypto?
I’m going to bill you for my time. My time clicking on a board to read your posts that are void of any and all substance.
Anyone have experience with hardware wallets? What are the best?
Nice article. Thanks for sharing.
Yes, agreed on the ACH front. In all honesty I find their app a little clunky, I’m on iOS. I’ve been using Webull to purchase the more “mainstream” cryptos and I think the app is super slick.
Yes, FTC BTC. Can only buy with BTC. So progression is fund account with USD, buy BTC, buy FTC.
You should be able to add funds with a debit card as well.
Big upcoming catalyst could be Dogecoin addition to Coinbase...
https://www.marketwatch.com/story/dogecoin-is-coming-to-crypto-platform-coinbase-in-2-months-says-ceo-11620944181
You bought $800k worth of Doge last night......?
Stay away from Robinhood. Kraken Pro is great.
How original. If you’re shorting at least put some effort into your posts. You may shake a tree or two with some good old fashion substance.
If it hits teens I’ll add to my position to lower my average and I’ll wait for you to cover, if you can before the next earnings report comes out.
No need to respond to me, I won’t see it. Cheers!
Yes agreed. Looks like some whales may share your sentiment and are exiting the market today. Everything looks to be down.
Can’t wait until we get back to the old ways - exchanges screwing us in the light. ;)
I’m hoping for one too. To me, this is an investment of the “set and forget” type. I’m hoping the news will eventually inform me on price. ;)
Thanks! Great to have you!
Climbing a bit today. Anyone aware of a catalyst?
Here! Let’s get this board rolling. Bought another 7,000 coins this morning.
$FTC!
Speaking from personal experience, stay away from Robinhood.
It’s simplicity is not your friend. You cannot place stop loss orders.
Picture this... you’re up 40% in a crypto. All of a sudden, it starts tanking, a whale has sold. You want out! You go to place your market sell order and BAM - Robinhood either is experiencing “server issues” due to the volume of people just like you trying to place an order OR the order just lags and doesn’t process again, due to “server issues”. Next thing you know your 40% gain is 20%, if you’re lucky...
FTC up 36.26% today...
Interesting!
Golden cross coming soon.
Yes. Guessing $4k is a psychological milestone for some and therefore a point of resistance.
So tempted to jump back in! Can’t do it! RSI is crazy high.
Just purchased approximately 8,000 FTC. In Bittrex, had to purchase with BTC.
Along for the ride with you. Going to set it and forget it.
Yes bounced nicely before it hit the 50 day SMA.
Yes, he’s full of shit.
Please, do tell, explain exactly how you’re going to short Doge.
Thanks in advance!
If you’re a believer in this crypto and plan to hold for long term it probably doesn’t matter what your entry point is around this level.
I would take what I said with a grain of salt. I don’t know if traditional charting rules apply to crypto. I haven’t been in them long enough to really have an opinion either.
Thank you for the response as always. Makes total sense. Best of luck to you from here on out!
As a side note, been checking regularly, hashrate is creeping back up today!
IMO, no. We have more consolidating to do. At this point we are approaching the 200 day SMA. That is a support level in traditional charting. Let’s hope we hit that and bounce hard. Right now it’s at the ~$105 price point on Webull.
That’s the concise version! :)
I have another question for you. I’ve been reading up on ETC. Some think it is the “buggy and insecure” version of ETH and therefore think it is obsolete. Given your experience and knowledge relating to ETC do you have a rebuttal?
I think it’s gap filling at this point. We skyrocketed yesterday. Need to reverse and fill before next leg up.
What did Cuban do?
Thank you! Great info. Worthy of a sticky in my opinion.
Yes climbing fast!
Hashrate at 31.58 for ETC now.
From what I’ve read hashrate follows price. So more miners are jumping to ETC as you stated in an earlier post.
Do you mind sharing your thoughts on how hashrate correlates to price or vice versa?
Also my last question and I’ll leave you alone. What do you use to purchase FTC? I haven’t found an obvious option - Coinbase, eToro, RH don’t have it as an option.
Thank you. Much appreciated.
This is probably a loaded question in that answering my be difficult so ignore if that’s the case - how does one check network hashrate?
Also, one more for you - when the miners come do you have any thoughts on price target? I’m thinking about throwing another 10k here and holding for the long term.
I sold right before the pop to 160. Lol. Going to get back in when it settles.