“When you don’t understand crypto, or how to trade it for profit!”
Ain’t my problem … cuz if you aren’t willing to change, learn new things, trade
new markets, and in the end better your financial life, then you’re still trying to
get some egg futures quotes from back in the early 1970’s … yes Skippy, the
world around you is changing at light speed, and you better “get humpin’ mi
amigo”, if you want to benefit … otherwise you fall behind.
So while traditional markets get abandoned faster than the Bengals football
team, it’s worth remembering while you sit and stare at markets that are
manipulated and dwindling in importance, that crypto & Bitcoin [BTC]
specifically, are putting in their usual non stop frenzied trading ranges
unabated … open 24/7/365, they don’t care about traditional Holidays,
weekends, Valentine’s Day, or any other occasion, cuz the world trades it non
stop … so, while EURUSD powers in today, so far, with a 22 PIP range, USDJPY
with a 21 PIP range, gold with a $5 and change range, WTI crude oil with a 52
cent range, and finally the DJPI30 [Dow Jones Propaganda Index 30] so far has
a 68 point range, BTC has put in an approximate $500 move, or about a 7%
move from the tips … by comparison the others are pathetic, and I’ve just
insulted the word pathetic.
And, the snarling little worm who used to torment you in 4th grade, pictured
above, will no doubt sit there and try and tell me only drug dealers, terrorists,
and other assorted criminal types trade or use Bitcoin … no Miss Prissy, only
people that care about money, government manipulation of the money supply
and how inflation ruins your wealth, and those who believe their business isn’t
any of yours, so fuck off!
But, if I accept her premise, then ban food, water, phones, and everything else
cuz criminals use those things as well, so they should be outlawed … do you
support terrorists & drug dealers? … No? … then support banning food and
water to everyone and we can get rid of those people, right? … in the final
analysis, all I care about as a trading professional is making money from trading
… I don’t give a shit [no pun intended] if its “soiled underwear futures” or “lint
futures” … what the hell difference does it make? … do you trade, or attempt to
trade so you can tell people you trade “X”? … if so, why the hell does that matter
to anybody? … isn’t the point to make money? … well then, why not go to where
conditions are the MOST FAVORABLE TO THAT END?
Some great algorithm buy signals in BTC early this morning after Europe opened,
and to those that already have the “Traders Course” [TC], have read chapter 8,
and are trading any of the crypto pairs, but especially BTC, “you’re welcome!!”.
Let me say again, what I have previously stated before in prior blog posts … when
PRIMEXBT gets their PAMM program up and running sometime in the first quarter
of 2020, I will be there in spades! … you can either drive down the road of life by
looking in the rear view mirror for directions, OR you can look ahead down the
road to where you want to drive to … which do you think is advisable Skippy?
… well Skippy, it doesn’t matter what your personal bias is towards any group of
markets … that exists only between your ears … what matters is WHAT THE
WORLD thinks, how the WORLD ACTS, what the WORLD GRAVITATES TOWARDS
AND WHAT IT LEAVES BEHIND, and ultimately what the WORLD WANTS TO
TRADE! … and right now every available statistic in the world shows volumes &
liquidity drying up in every traditional MT4 market you care to point out to me,
from as little as 5 years ago … THEY ARE ALL DYING BECAUSE THEY ARE
MANIPULATED & RIGGED by central banks and their BFF’s the scumbag TBTJ &
TBTF banks … and traders are fleeing in droves faster than people fleeing
Kalifonia for Texas for obvious reasons … who the hell is gonna sit there for 10
hours and trade EURUSD OR USDJPY for a handful of measly PIPS, and then
have to put up with government manipulation & regulatory bullshit? … how ‘bout
nobody with any brains?
Can I make today in the DJPI30 what I made earlier today in BTC? … hell no I
can’t, without blowing the lid off leverage, which is stupid beyond belief … no,
you can’t compare the trading conditions cuz they are night and day apart … one
is fantastic, the other complete shit … quite frankly, there isn’t any other
objective analysis you can make and be honest about.
Now, for the uninitiated, let me clue you into some vital details … 1) you don’t
need a gazillion dollars to get into the crypto trading space … the minimum to
open an account at PRIMEXBT is 0.001 BTC, which currently as I write is about
$7.25 … 2) account balances at PRIMEXBT are held in BTC, margins are
calculated via BTC, your profits from trading are converted to BTC, and any
losses are taken from your account in BTC … in other words, your account sits
and is held in an appreciating currency that is only going to get more valuable
over time, IMHO … I’m sure plenty of people will disagree, but quite frankly I have
no use for dollars that are guaranteed to lose value over time, thank you FED
… 3) you can trade 9 crypto pairs like you do anything else, only these markets
actually move and aren’t subject to government manipulation through central
bank bullshit … and most importantly 4) NO KYC, which means nobody gives a
shit who you are, what you do, what you trade, where you take any profits and
send them, or how you spend your money … it’s your biz and nobody else!
Now, I’m trying to prove to you I don’t care about your money … open a
PRIMEXBT ACCOUNT through my referral link above, and you get the “Traders
Course” [TC] for FREE, a 92 page Adobe PDF that will teach you how to trade
effectively for profit … chapter 8 is on Crypto … take the $60 you would have
sent me, and put it into your account and trade for cryin’ out loud … build the
account … the way this stuff moves, and IF YOU CAN FOLLOW DIRECTIONS,
you’ll build it … I also offer support via chat, details in the TC … so, WTF is it
you want from me, when everything I’ve just said costs you NADA? … through
rebates back to me on part of the commissions, they end up paying for your TC
… commissions you’re gonna pay regardless of whether you’re a referral or not
… they either keep 100% of your commissions or they split it with me … why not
let them pay for your ride?
But I know, cuz I’ve seen it before in the past, even when I was back on the
trading floor in the era of the “pits” … there are those who just don’t wanna
believe reality … somehow or some way gold or silver or soybeans, or EURUSD
or USDJPY, or pick anything you want … someday they’re gonna come back
with a VIX vengeance, and you don’t want to miss it, cuz it’s “your” market
… right, sure … and when your account is dead and you’re taking fries orders,
you can write me and tell me all about it … meanwhile, the world moves forward,
and you can now take the sand out of your ears.
Mid morning in the “propaganda index”, and with manipulators busily hustling
bids all over the place, after the opening sell stop hunt, we haven’t moved much
or done anything except drift … meanwhile over in crypto shit is moving nicely,
here in the trading world of the 1800’s, central banks have their firm grip on
“Hoover Dam” near everything … can’t have stocks go down even a tiny bit and
spoil turkey day for the 0.0001% Elites who hate your guts with a passion … and
so we drift aimlessly.
For those that think crypto is just “coins” for hiding money, and/or used for
speculation, you couldn’t be more wrong … crypto development is about block
chain technology, and all of the apps that are written for it that improve life
immensely … in other words, the coins are the manifestation of the biz
development, and it’s the commerce, or as it’s known, the velocity of money
moving around from one place to another to facilitate biz commerce … who the
frick needs banks and all the bullshit they bring to the table with fees, time
delays, and then deposit delays while you wait for your money … crypto does
it in seconds with almost no cost … and with biz development in everything
from biology to zoology, the demand for coins for commerce increases, all in an
environment that can’t be messed with or tampered with, and outside the control
and purview of scum who infect government all over the world … in other words,
life as it should be!
And as I write the last paragraph of the blog today, BTC goes up $200 … a perfect
TC algorithm buy signal preceding it by some minutes, and to those who have the
TC, “you’re welcome”! … to those that don’t, how’s that USDJPY position working
out, or any of the other dead markets littering the landscape? … but whatevs.
Blog tomorrow on turkey day … crypto will be moving of course; today’s range in
BTC as I get ready to call the day over is approximately $751 … did anything on
the MT4 move 1% or more today? Well, if it did, I didn’t see it … an absolute
frickin’ joke … the propaganda index will be closed tomorrow … the world moves
forward without the U.S. … I can’t take another minute of this shit … until
tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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