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Crypto currencies

Discussion in 'Crypto Currency Investment and Financial Betting' started by slick, Dec 15, 2017.

  1. slick

    slick Administrator

    Messages:
    13,741
    Well my hodling didn't go well:lol
    the carnage continues and panic selling kicked in.

    I've sold half my link now at a loss but will keep 40 in the bank for the long term no matter what happens.
    Portfolio at the moment is over £300 down and growing, BTC struggling to keep above $11500 and if that dips under then there could be another large drop.
  2. slick

    slick Administrator

    Messages:
    13,741
    It's been a bit of an up and down week so I've just held with no trading because it's been a rocky road lately.
    Even though Bitcoin has dipped under $11.5k everything seems to be quite steady.
  3. slick

    slick Administrator

    Messages:
    13,741
    Things are quite stable at the moment.
    I'm glad to see Link has held firm when it looked like it could have been in for a correction after the mass buying that occurred and people looking to offload when it dipped.

    After selling nearly half my holdings I've put a buy in for some some more @ 9.7 should it go that low again.
  4. slick

    slick Administrator

    Messages:
    13,741
    ETH over £360:eek
    If it gets over $500 dollars (currently $483) expect that to rise further.
  5. slick

    slick Administrator

    Messages:
    13,741
    We're being smashed at the moment, BTC hanging on to keep above $10k:cold
  6. slick

    slick Administrator

    Messages:
    13,741
    Spent the rest of my bank earlier on Link and OMG when Bitcoin was bouncing off $10.5k expecting it to go back up, got some nice prices but not compared to now lol.

    Also bought back into ETH @ £308 after selling for £330, it's now dipped to £286:cry

    Long term EMA's for BTC are still looking good so I'm not too bothered yet but It has changed trajectory so now really needs keeping an eye on b4 bailing out.

    1 week ema
    1.PNG

    3d ema
    1.PNG
  7. slick

    slick Administrator

    Messages:
    13,741
    Everything took a battering over the weekend, ETH hit the £240's:frown
    seems to have settled down now and slowly rising with Bitcoin settling just above £10k, hopefully this little saga is now over:crossfingers
  8. slick

    slick Administrator

    Messages:
    13,741
    Everything has been green for the last couple of days, hopefully it stays that way.
    Another 5% or so gain again would probably put me back on par taking into account my last investment.
  9. slick

    slick Administrator

    Messages:
    13,741
    3d ema still draws closer, I should get back on par before or if they cross.
    If so I'll sit tight and sell before the intersection and buy back in the drop.
    Hopefully it doesn't come to that and the lines start to part again.

    1.PNG
  10. slick

    slick Administrator

    Messages:
    13,741
    ETH upto £290 and still a bit of space to play with before the cross over, hopefully it'll get above £310 which was my last buy in before it happens. That should take all my current holdings above what I paid in before I sell.

    1.PNG
  11. slick

    slick Administrator

    Messages:
    13,741
    On the current trajectory I'd say we have less than a week before the cross over should it happen. Then expect a big drop.
  12. slick

    slick Administrator

    Messages:
    13,741
    ETH has took a bit of a U-Turn and is now performing well again, it always does.

    My concern now is with link, it could turn into another Wagerr and drop to zilch but at over a 1000x the initial investment I bought in at.

    I'll keep on holding for the time being because I do think it has good things ahead of it:crossfingers