Crypto lounge thread

bucky

Ostrich
BTC over 41k and everything else up nicely. Noice. What you all think? Are we back in business or will we be lingering in the low-to-mid 30s again in a week or so?
 

lonewolf1968

Kingfisher
BTC over 41k and everything else up nicely. Noice. What you all think? Are we back in business or will we be lingering in the low-to-mid 30s again in a week or so?
Not an expert here but with the little knowledge I got in this, it'll test the 200d MA, which is around 44.700, it can get rejected badly or go above it. That's when is going to get interesting. We either go past it and use it as support, then resume the bull run or go down to 33.000 again or maybe below and this was just a dead cat bounce. I might be wrong cause I just a newbie with one year in the Crypto space lol. if altcoins keep going up I'll place some stop losses.
 

Coja Petrus Uscan

Hummingbird
Orthodox Inquirer
Gold Member
Not an expert here but with the little knowledge I got in this, it'll test the 200d MA, which is around 44.700, it can get rejected badly or go above it.

Yes. Looks like a pocket of resistance at those levels. Looks like it may have rejected $42,000.

The next thing I am looking at is 1w MACD + Bollinger bands.

Screenshot at 2021-07-31 12-00-47.png

It's going to squeeze somewhere around the beginning of Sep. Again, buy/sell whatever the momentum from the squeeze is. If it is up I think it will quickly head back towards the ATH.

Volume is a bit low at the moment.
 

Deepdiver

Crow
Gold Member
Fibonacci tells the truth:

BTC looks to close this week by $6K up and $13K up the past two weeks.

Left Fibonacci maximum 2 Data Points Retrace Chart from Swing High to Swing Low max .618 retrace was 26.3K
Tested low was 28.8K with strong Herd basing at the Bold Yellow Horizontal 30K line with 3 major tests of the Yellow 50Week Moving Average.

Center 3 Data Points Primary Fractal Wave Swing Low to Swing High to Primary Fractal Wave 2 Low Fibonacci Extension target is 128K to 138K considering the 4K Average 20 Day True Range during Primary Fractal Waves One and Two.

Right Fibonacci Retrace of the Primary Fractal Wave Two from the Swing Low Turn of 28.8K to Wave 1 Swing High 64.9K
Exceeded the .236 Fib retrace and next test the .382 at 42.6K with the Primary impulsing Wave 3 UP broken into 5 Fractal Sub waves with Subwave 1 the .618 Retrace target of 51.1K then a Primary Wv 1 Subwave 2 Pullback.

The conclusion we are witnessing the Fibonacci bottom Turn of Primary Fractal Wave 2 into Impulsing Primary Wave 3 Up...

Since BTC is the tide and lowers and RISES all the Alts enjoy the Ride (In 5 Fractal Sub Waves) Up to the 128K to 132K range with major Herd Resistance at the Psychological 100K, 110K, and 120K levels as much of the masses of Reditteers, WallstreetBettors, Telegrammers, and Robinhoodies consult their Ouija Boards for Market Projections.

1627748310204.png
 
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Deepdiver

Crow
Gold Member
Conversely, if BTC was basing at 30K S&P Futures Topping at 4400:

At this point of the Crypto and Stockmarket Cycles, they appear NOT to be correlated possibly inversely coordinated...

Though a major Markets .618 to .786 Correction would scramble a lot of leveraged newbs to sell everything to cover margin calls.

If you trade on margin be sure to use Trailing Stop Loss limits.

1627750229343.png
 

fokm

Woodpecker
Gold Member
Conversely, if BTC was basing at 30K S&P Futures Topping at 4400:

At this point of the Crypto and Stockmarket Cycles, they appear NOT to be correlated possibly inversely coordinated...

Though a major Markets .618 to .786 Correction would scramble a lot of leveraged newbs to sell everything to cover margin calls.

If you trade on margin be sure to use Trailing Stop Loss limits.

View attachment 32444
How is ETH confirming to Fib, @Deepdiver ?
 

Blade Runner

Pelican
Orthodox
Why is the NGRAVE wallet taking forever to be released?

By the way, for any of the hard wallets, can you choose your 12 or 24 word seed? That is, you actually create and type in the words to be used as the seed (even if there is a 5-6 character limit per word, or some other restriction that's fine).
 
Hey Guys,

Can anyone recommend a good way of pursuing yield with Bitcoin. I'm overweight BTC but for tax reasons don't want to sell it to rebalance into ETH. I'd like to hold my keys too so centralized exchanges like BlockFi are off the table.
 

Deepdiver

Crow
Gold Member
Brilliant Who, What, When, Where, Why and How of the Pulsechain.com mega airdrop and new efficient pulsechain Ethereum Chain... designed to minimize ETH gas fees...

 

Deepdiver

Crow
Gold Member
How is ETH confirming to Fib, @Deepdiver ?

Daily ETHUSD chart is now at 2,533 and had just tagged 2,555 above the 100 Day upper purple Moving average after a Wave 2 Double Bottom Fractal flats and is now also above the baseline (lowest) trend channel. The next fib extension from the Primary Fractal Wave 2 Double Bottom is .382 at 2,736 well into the Primary Wave 2 Turn into the new Primary impulsive Wave 3 up in 5 subwaves with the first subwave target being the .618 Golden Ratio 3,360 fib retrace target right most Fib Graph.

The Middle Fib Extension UP Graph is the 3 Data Point Primary Wave 1 low to Primary wave 1 High and then Primary Wave 2 Low.... the Primary Wave 3 Extension up is the 1.618 Extension target of 8,626 which corresponds to the right Fib Retracement target up of 2.618 at 8,652.

The left-most Fib retraces the Swing High to Swing low and if you look at the .618 left Fib graph that corresponded to the Primary Wave 2 double bottom another Strong indicator of the Primary Wave 2 bottom turn.

Fibonacci Cycles and Waves rule the Universe.

1627964339814.png
 
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Coja Petrus Uscan

Hummingbird
Orthodox Inquirer
Gold Member
Why is the NGRAVE wallet taking forever to be released?

By the way, for any of the hard wallets, can you choose your 12 or 24 word seed? That is, you actually create and type in the words to be used as the seed (even if there is a 5-6 character limit per word, or some other restriction that's fine).

With SafePal you can create a BTC wallet and then import it into the airgapped wallet. Then use the hardware wallet to sign. I think this is a much better option than seeds which seem to use a set word-list. The SafePal wallet also has a seamless integration with DeFi and good development. They just added Polygon. Ledger claims to support many more, but that support is often rudimentary. For example they support Solana in developer mode, but I could only use it via one site.

Hey Guys,

Can anyone recommend a good way of pursuing yield with Bitcoin. I'm overweight BTC but for tax reasons don't want to sell it to rebalance into ETH. I'd like to hold my keys too so centralized exchanges like BlockFi are off the table.

I don't think there is any way to actually hold the asset while lending it. The biggest yield I have seen for BTC is on Solana's Saber - https://app.saber.so/#/farms

Currently about 17% on HBTC-renBTC.

I am getting about 11% on BTC single https://app.acryptos.com/

You will find higher yields on dual pairs like 30% on BTC-BNB, these come with the risk of impermanent loss, see the DeFi thread. But I think BNB-BTC would be quite stable.

Centralised I think the highest is Crypto.com, effectively 8.5% if you have a $40k CRO stake.

CakeDeFi claims 7.5% - https://app.cakedefi.com/lending

I spread across about 8 different platforms, DeFi and CFi, to mitigate risks. Been lending, pooling, farming sine 2015 and the only loss was from AutoFarm, which it seems they have no intention of compensating. So I would avoid them.
 

brotherjimbob

Woodpecker
Anyone a member of a paid premium crypto group?

Picks, private FB group etc?

Does this sound like a good offer;

'Members Telegram Chat Group. Real-time communication group for members. Includes real-time market updates, tips and tricks, important notifications, group support, deals, product updates and other discussions.

Monthly Live Q&A. Live Zoom session where we answer any and all questions from other members and have various discussions live.

Events from Experts. We will organise 2-4 events per year where an expert from a related area will present insights and information to assist you on your crypto journey. This could be relating to tax, investment, personal development, etc.

Weekly Market Update Video. Video update where we look at key news updates, where we are in the market cycle and what we can expect. We summarise our news sources, look at charts and onchain data to determine how we can manage our portfolio for the week ahead.

Passive Income Strategies. Training to educate you on the various passive income strategies AND instructional guides and videos for setting all of them up yourself.'


What would you pay to join it?


What are some good free alternatives, and what would the advantage be of a paid option?


Just interesting.
 

BURNΞR

Pelican
Anyone a member of a paid premium crypto group?

Picks, private FB group etc?

Does this sound like a good offer;

'Members Telegram Chat Group. Real-time communication group for members. Includes real-time market updates, tips and tricks, important notifications, group support, deals, product updates and other discussions.

Monthly Live Q&A. Live Zoom session where we answer any and all questions from other members and have various discussions live.

Events from Experts. We will organise 2-4 events per year where an expert from a related area will present insights and information to assist you on your crypto journey. This could be relating to tax, investment, personal development, etc.

Weekly Market Update Video. Video update where we look at key news updates, where we are in the market cycle and what we can expect. We summarise our news sources, look at charts and onchain data to determine how we can manage our portfolio for the week ahead.

Passive Income Strategies. Training to educate you on the various passive income strategies AND instructional guides and videos for setting all of them up yourself.'


What would you pay to join it?


What are some good free alternatives, and what would the advantage be of a paid option?


Just interesting.

This thread already gives you everything there for free and nobody is smart enough to predict the market on the shorter time frames.

Just ask yourself this - if you knew how to consistently make money in crypto why would you share that with everyone else for a small fee when you can keep it to yourself?
 

Deepdiver

Crow
Gold Member
This thread already gives you everything there for free and nobody is smart enough to predict the market on the shorter time frames.

Just ask yourself this - if you knew how to consistently make money in crypto why would you share that with everyone else for a small fee when you can keep it to yourself?


My Stealth Advisor is a 1% Mensa Wentworth/MIT Genius who has earned his firm over $1.5 Billion in incremental profits over the past 3 years and has been offered an incredible set of 3 options for further employment by the BoD and CEO level. A BFD. He however is independently wealthy and may just retire.

He taught me his proprietary engineering maths based methodology and I took extensive private research notes with his approval while working with him - his deal is he teaches you for no charge however when you earn your first $1M USD you owe him a check for $50K.

He has received 13 such checks to date.

When asked why he teaches his proprietary Financial Engineering methodology he frankly states he will die one day (Had a severe rare Chicken Flu virus attack several years ago and nearly died several times) and does not want this knowledge to die with him.

When I first began studying with him 3 years prior to covid and 1.5 years now after covid I have extensively documented this methodology through several major market cycles in my private research notes and now have sufficient data to address the biggest problem with AI ML systems which is "underspecification" according to the MIT Technology Review.

My SA's specialty is CME intraday and interday Futures Contracts Institutional Profits generation including CME S&P Futures and CME Bitcoin Futures contracts and soon CME Ethereum Futures contracts as the ETH futures trading Volumes and DoM and BoM continue to grow.

My Goal is to use AIML and Crypto technologies to democratize institutional returns for the people because I met Andrew Yang in NH during the last campaign and though I am a Nuke Boats Patriot to the core from a family of WWI and WWII and Korean War veterans and do not agree with the Yang Gangers Marxist Socialist UBI solutions. He autographed a copy of his Book and I speed read through it and though I reject his Marxist Socialist Commiecrat solutions - I acknowledge the good work he has done defining the problem with millions of USA Manufacturing and Services jobs being made "redundant" by AI ML and Robotics (redundant being a British Term for Mass Layoffs).

I have created a plan to implement my SA's methodology which features NO trading losses, NO drawdowns and is 100% Maths Based. This is a powerful free market solution alternative to the Yang Gangers rabid Govt Marxism that will reward fellow patriots on the lines of a small initial Assymetric investment in the Cryptos I am developing that will provide Free Market and taxable returns similar to the Doubling of a Penny. Start with 1 Cent and double it every time period - after 31 time periods what amount will it equal. My AI ML engines will run forever using advanced Cryptography to allow me to run and spin up cloud instances anywhere at anytime (Think Nomad Capitalists Go Where You are Treated Best philosophy).

I will eventually Open Source this tech after I accumulate enough wealth to provide for my extended family and to help fellow Veterans as they age and who the VA systematically ignores while the current Beijing Biden Commie Joe Admin allows the CCP funded 45 Goals of the Communist Parties to flood my beloved USA with Criminals, Drugs, Crime, Disease and Mass Beijing Biden and DNC Corruption towards the CCP's goal of the Takeover of the USA and turning our country into an agri-resource and Chinese Lebensraum land expansion for the 1.4 Billion ravenous Chinese Communists.

I post my Charts here periodically to find interested individuals and to share the technical foundations to our technology. Fellow patriots are encouraged to send their protonmail secure email addresses to me via PM so that I may reply to Chart requests and keep them informed of our AI ML projects progress as I am finalizing the final updates to my AI ML Whitepaper and Private Research notes and my NFT plans for funding development of same now that I have wrapped up 4.5 years of dedicated research.

There is NO Chaos and Fibonacci Mathematical Cycles and Waves rule the Universe.

This weeks latest BTCUSD Fibonacci Analysis Chart...

Left Fib Chart ATH Swing High to Low Fib retrace DOWN.
Middle Fib Chart 3 Data Point Swing low to ATH to Primary Wave 2 low Fib Extension UP.
Right Fib Chart Primary Wave 2 Fib retrace UP.

1628010132802.png
 
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Deepdiver

Crow
Gold Member
ETHUSD 5 Fractal Waves guided by Fibonacci Levels of Support and Resistance from the March 20 Covid Swing Lows to the Q1 22 Primary Fractal Wave 5 new ATH.

Fractal Wave 3 is 1.618 Times Fractal Wave 1, Wave 4 is approx equal to Wave 2 and Wave 5 approx equal to Wave 1 using the correlated 1.618 Fib Extension Up and 2.618 Fib 2nd Wave Retracement UP targets for top of Fractal Wave 3.

Hint: impulsing Wave 3 UP moves are the longest Fractal Waves and greatest Profit Generators.

1628012345212.png
 

Deepdiver

Crow
Gold Member
With SafePal you can create a BTC wallet and then import it into the airgapped wallet. Then use the hardware wallet to sign. I think this is a much better option than seeds which seem to use a set word-list. The SafePal wallet also has a seamless integration with DeFi and good development. They just added Polygon. Ledger claims to support many more, but that support is often rudimentary. For example they support Solana in developer mode, but I could only use it via one site.



I don't think there is any way to actually hold the asset while lending it. The biggest yield I have seen for BTC is on Solana's Saber - https://app.saber.so/#/farms

Currently about 17% on HBTC-renBTC.

I am getting about 11% on BTC single https://app.acryptos.com/

You will find higher yields on dual pairs like 30% on BTC-BNB, these come with the risk of impermanent loss, see the DeFi thread. But I think BNB-BTC would be quite stable.

Centralised I think the highest is Crypto.com, effectively 8.5% if you have a $40k CRO stake.

CakeDeFi claims 7.5% - https://app.cakedefi.com/lending

I spread across about 8 different platforms, DeFi and CFi, to mitigate risks. Been lending, pooling, farming sine 2015 and the only loss was from AutoFarm, which it seems they have no intention of compensating. So I would avoid them.


CPU - Respectfully request you share the 8 platforms and how you use them for passive % income generation and to diversify your counter-party risks.


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