[Daily Discussion] - Thursday, June 03, 2021 Bitcoin Markets |
- [Daily Discussion] - Thursday, June 03, 2021
- Looking for crypto Breaking News/feeds platform . Twitter and the like doesn't cut it, too much junk.
- why I trade based on technicals, not fundamentals.
- Bitcoin Mempool runs almost empty after the China mining ban - Crypto DeFinance
| [Daily Discussion] - Thursday, June 03, 2021 Posted: 02 Jun 2021 09:00 PM PDT Thread topics include, but are not limited to:
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| Posted: 03 Jun 2021 10:16 AM PDT Anyone knows of a good RSS feed type of platform that generates high quality crypto news? The sort of news that move the price, not irrelevant junk stories. The sort of platform that publishes them faster than anyone else. New listings on major exchanges, partnerships and deals, timelines and milestones. Following companies on Twitter works, but it's too slow, time consuming and I miss too much. I'm willing to pay for a subscription. [link] [comments]  |
| why I trade based on technicals, not fundamentals. Posted: 02 Jun 2021 02:08 PM PDT I got a lot of shit for posting TA in a thread about the deathcross. I may be bearish on the technicals, but I'm more bullish on the macro than ever, since I've been paying close attention to M1. And I believe much, much more money will need to be printed to avoid an eviction/foreclosure crisis, after the covid moratoriums are lifted. This is more money than banks had expanded 10-1 in fractional reserve funny money before the pandemic. Just look at M2. These banks have money burning a hole in their pockets and they're going to throw it around more recklessly than ever. Right before the dumpening, NYDIG announced banks would be offering bitcoin to customers. Good news is they are capitulating into bitcoin, bad news is they're going to manipulate the shit out of the price to accumulate it, with their own customers money, just to sell it back to them at a 1,000x premium. My strategy is to beat them at their own game. If they cut the bull market short to throw off the long term signals like S2F, so be it. I'm not married to any indicator or price model, not even the deathcross. If somehow they can push the price down to 4 digits, they can pump it to 7 before the next halving, because it'll be easier for them to move the price up than down. So look at an unnaturally early bear market as an opportunity to stay ahead of the banksters. The trick is to stay liquid longer than the market can stay irrational. That's why I invest based on fundamentals, but trade based on technical structure, not fundamentals, because the market deliberately behaves irrationally. Remember negative oil futures last year? [link] [comments]  |
| Bitcoin Mempool runs almost empty after the China mining ban - Crypto DeFinance Posted: 02 Jun 2021 03:07 PM PDT This case may be related to the Chinese Mining Ban, causing a drop in the network's hashrate and leading to Bitcoin Mempool being almost empty, meaning faster and cheaper transactions. https://www.cryptodefinance.com/bitcoin-mempool-almost-empty-china-mining-ban/ [link] [comments]  |
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