Jucsik

A bit more psycho (part 3) while the Gods contemplate our fate:)

COINBASE:BTCUSD   Bitcoin
Just jump to the end (turned out to be the middle) of the post if you are tired of reading much, there are some mental cookies and sweets :)

For those who like to read: Nothing decisive has happened. Yet.
So I would just like to point out one thing (once more), if not for else then just to entertain myself. I began to get to like posting here :)
So THE THING: The pumps.

Those happy green bumpy pumps that pump bitcoin again and again and again and harder and HARDER. Like if bitcoin was a little b****.
A little b**** who was enjoying it in the beginning, but it seems like she doesn't really want it anymore. But she is continued to be pumped anyway.

...Till someone gets satisfied...

As I wrote in my previous post, I don't believe that there is something like collective consciousness in humanity (yet, anyways). Collective panic or euphoria exist. But that's far away from consciousness.
Given that collective consciousness does not exist (just think about it, it's even hard for 2-3-4 people to work together without problems even if they have the same goal) the only answer left for how these pumps are made,
is that they are made by one, or a few people. And if it is made by a few within a little period of time, then they make them because they have a goal. As written on the chart in a funny manner, the goal obviously was to raise the price no matter what. Resistances don't play a role if you have a large load of money and you just pump through them.
When it begins to get a bit flat or undecisive, then they give the decision to go up.

Okay the goal is to raise the price, as seen, in a very sudden, unexpected, and agressive manner. But what is the goal after it is raised? I am sure you know the answer, because everyone who invests here want the same thing. To take the fruits when they are ripe and shiny and juicy. Noone wants a parched fruit.
The question is when do these fine people want to do the harvesting.
Today I was watching bitcoin's chart for a minute in bed after getting up and I encountered the happening streamed live. The pump made. It was a beautiful green candle made in a few seconds exactly when the price began to get totally flat. These are not the happy little teddy bears holding hands and buying together.
The difference in this green candle compared with the others we have seen was that it was smaller, and it was not eaten at all. Price stayed there where this candle led, and is still there.

It's totally possible that the Gods contemplate and decide that we need another kick upwards. But for me it seems like if they THEMSELVES are beginning to be quite uncertain whether they should do it. I would be anyways. As said in previous posts, I would never think that I know what big fishes want. I can't see into their mind, unfortunately. Yet :)


AND THE MOST IMPORTANT PART!!! :) The cookies and sweets. EDIT: After writing my post I saw that this part became longer than the above one :) So I came back and write it now: it's longer than the one above :)
I would like to share some of my inner thoughts with those few who were so kind to read my post :,)
These are my essentials for trading. Silly little things, obvious stuff, but I learned to REALLY use them through BLOOD AND FEAR.

This is no advice, I only say (and write) these stuff to myself. As a mantra:
- Never sell lower than where you buy, because then you will certainly book losses. As said, even experts have problems predicting the moves. So any kind of good idea you have, just don't. Unless it's on the news that the whole market is banned, of course :)
- TA based trading and shorting is very complicated, involves great risks, and needs big knowledge even in a highly regulated market. Crypto is hardly predictable even for the fantastic experts. So don't mock people who are posting here, they are trying to share knowledge and help (except the ones who are just obsessed with egoism and narcissism and need attention :) ) If it turns out that the market does something else than what they predicted it does not mean that they are incompetent. It means that this market is highly influenced by rich people and therefore often doesn't give a s*** about expert TA.
- What goes up, comes down. Sooner or later. Partly or fully. The steeper it goes up, the harder it falls down.
- That's because big sudden climbs can happen three ways: very big good news which shake the market(s). Very big people buying very big amounts with a goal. Euphoria because the price is rising, so the price keeps rising.
- Normal price rise has a mediocre, calm speed and is based on fundaments.
- And my favourite nerve breaker :) You can chase me out of the world with this. It's like saying "people have time for those things that they want to spend time on". Brrrrrr... I don't know if this saying exists in English, but practically it tries to say that don't whine about not having time for something. I you say that you don't have time for it than it only means that YOU don't really want to spend time on it. Brrrrr....
Anyways: Don't be greedy.
WHAT DOES THAT EVEN MEAN? Am I greedy if I buy because I want to have money? Am I greedy if I sell too early because I wanted my money? Am I greedy if I don't sell when I already have won some money, because I want more? WHEN AM I GREEDY???
I loosen up this thing for my self in this way: Because the stuff mentioned above, it is totally impossible to call a bottom or top with 100% certainity. Even for experts. So just buy when you think it is low enough and wait till it goes higher than where you jumped in, and sell when you feel that this is a nice little sum that I have earned here just by clicking buttons and waiting. You won't hit the bottom or top. Maybe you will be waaaay far from bottom or top. But. You earned money. Don't say that ooooow I could have earned much more money!! Yes, it's true but you will just eat your own soul with these thoughts. And THIS is greedy. Be happy with the little sum you earned. You will have your next chance again. And don't think that you are incompetent if you don't catch the train.

Many say that this is not like gambling. Sure it is. In poker for example, if you are experienced and read a little technicals, and you know your decent math, then you have your toolkit to calculate chances, you have your analysis, a whole bunch of it. You can possibly tell for 90% certainity which card will come down. But then in the end, it's luck. Luck is a component of everything. A very big component in some things. So it can happen that you have done your "due diligence" (everybody says this s**t just to avoid being accused of being wrong and misleading people), you learned TA, you calculated for days, you are 99% yure. But then the f***ing ace comes down instead of the Dama just when you exited from the game.

You will have your next chance.

DISCLAIMER:
This is still no trading advice. Do your due diligence (**vomiting wildly**). Don't be greedy (*continues vomiting*).
Phew this became much longer than I planned it to be :)

Hugs to everyone! :)
I hope you get a large load of money very soon!
Lavyaman!
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