Author Topic: Live chat  (Read 2973823 times)

jaDEB

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« Reply #7485 on: May 16, 2019, 03:16:51 pm »
I buy every month - payday. :) in real life not IC. You can laugh, it does not matter. My goals do not care how I feel :)
jaDEB

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SirDieALot

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« Reply #7486 on: May 16, 2019, 04:33:21 pm »
i buy eth rather i feel like btc is a bit over priced for the utility.

jaDEB

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« Reply #7487 on: May 17, 2019, 10:26:30 am »
Nice :)
jaDEB

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Bevan

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Re: Live chat
« Reply #7488 on: May 19, 2019, 04:30:55 pm »
ETH definitely the better choice from a utility perspective. Ripple even better if you believe that financial insto's are going to support any of them. But then again, if they do, they would rather build their own. So I don't think we've seen the killer app in blockchain emerge yet. Meanwhile, BTC will be what the crowd (read "dumb money") follows and buys into. It has the lowest utility but highest FOMO and Fear and Greed factors, so expect it to also have the highest vol going forward. The days of puberty and HODL are past now, and crypto has become a trader's dream. Most of the black boxes are clearly MACD / momentum driven in their algo designs so it's easy to sell high and buy low on momentum, not price. Wish there was someone bold enough to offer long dated options but most of the CFD providers (IG etc) are too scared because vol levels are so high.
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Bevan

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Re: Live chat
« Reply #7489 on: May 19, 2019, 04:37:56 pm »
ETH and BTC both clearly very overbought and over-extended now. But weekly and daily momentum are still positive so no reason to sell. Just bring stop losses in quite close. This week could see some fast, gappy corrections so perhaps set guaranteed stops around 5% lower. If stopped out you probably want to look for an opportunity to re-enter on the long side, but we could see up to a 20% correction, so watch daily and 30-min momentum for timing.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

Bevan

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Re: Live chat
« Reply #7490 on: May 19, 2019, 04:42:51 pm »
BTC on the Investor Challenge is also quoted in ZAR and the Runt looks like it's in weakening mode again. Expect 15 or even higher to USD fairly soon now. So weaker Runt and lower BTC means best to hold in the investor comp i.e. avoid paying taxes on profits.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

SirDieALot

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« Reply #7491 on: May 24, 2019, 12:59:53 pm »
i am leading again

Orca

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Re: Live chat
« Reply #7492 on: May 24, 2019, 03:34:53 pm »
Well done. Now tell me. Did it take in depth research on your part or did you take a pure gamble? If the latter then I am the winner.
I started here with nothing and still have most of it left.

SirDieALot

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« Reply #7493 on: May 27, 2019, 10:38:27 am »
https://www.youtube.com/channel/UCnJjRjmthxPCoQaAL44tR6g i watch a lot of his stuff and from the TA there I got an idea that a big move is going to happen sooner that later

Bread

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Re: Live chat
« Reply #7494 on: May 28, 2019, 04:43:50 pm »
The big move being in bitcoin, not shares?

Bread

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Re: Live chat
« Reply #7495 on: May 29, 2019, 07:24:44 am »
The Ront appears to be in an extended inverted head and shoulders with the possibility that it'll weaken back up to the 15.40 mark by or about the end of July and then strengthening down to or below the 13.63 level by the end of September or October. But I'm usually wrong about these things  :question:

Bevan

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Re: Live chat
« Reply #7496 on: June 03, 2019, 09:34:10 am »
ZAR is crosscurrent i.e. short term strength against medium term weakening. Expect choppy, sideways action (wind blowing against current in ocean) until we revert to concurrent weakening again (to ride big swells), probably later in week. Fundamentally, emerging markets to weaken against bleak global risk-off sentiment.
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George

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« Reply #7497 on: June 03, 2019, 12:23:27 pm »
in the challenge we pay taxes and transaction fees, but we don't earn daily interest on uninvested cash , i`d like to see daily interest income introduced since USstocks seem to be starting a possible  longterm downtrend.

Patrick

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« Reply #7498 on: June 03, 2019, 02:00:21 pm »
Hmm, good point George. Anyone know what ABSA and EE pays in interest? I could implement it, but it would probably be fairer to do it from next year.

rietrot

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« Reply #7499 on: June 05, 2019, 07:53:24 am »
Anybody have an idea about what's happening at Goldfields?