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Tuesday, October 27, 2020

BITCOIN [BTCUSD] SERIES, PART 3

 

“Q: which traditional market is this? … A: ALL OF ‘EM!”

The sun is set to come up in a few minutes over the turquoise waters of the

Caribbean, and as I look at markets here very early, once again markets

everywhere are completely D.E.A.D. … IMHO, this is not some “quirk” or

accident, but a coordinated plan by manipulator central banks to absolutely

KILL market volatility … this serves 2 purposes … 1) kill ALL spec accounts

in all traditional trading markets, no matter if you’re long or short, cuz they will

butcher you with “false positives” and chop you to pieces, AND 2) make sure

the scumbag LP banks WIN so they can pay their “vig” to the POLS,

Apparatchiks, regulators, and other assorted scum in the food chain to “look

the other way”. Summing it all up, “just think of scumbag Hunter Biden on

steroids and you won’t be far off in the everyday “skimming” of markets”

… truly pathetic … and here early today, it looks even worse than it did

yesterday … VIX is being taken out and shot … the ranges are pathetic & an

insult to the ideal of “free markets” … gold for its part might as well be closed,

it’s simply a joke … I dunno, did the “Chuckleheads” and/or Mrs. Watanabe

run out of money to trade? … add to this Europe looks and feels “LOST”

… good grief! … well, let’s see how this plays out, but so far it doesn’t look

good.


Today sees Bitcoin [BTCUSD] move though, as it usually does in the world’s

ONLY FREE MARKET … chugging along nicely while other markets are

strangled by government manipulators … it is what it is folks, and sticking your

head in the sand and pretending all is well when it ain’t isn’t going to make you

any money.


As I said yesterday, the trading world is moving at the speed of light now

… changes are coming so fast versus the past, they can sometimes seem

overwhelming … offshore brokerage houses look good, then weeks and months

later they don’t cuz they refuse to make changes in either markets, bid/offer

spreads, and/or commission rates, and competitors eat them alive ...currently,

that’s the case with PRIMEXBT, CRYPTO ROCKET, & BaseFEX … used to be

great, but not anymore cuz they are overpriced and expensive versus

competitors and more importantly THEY REFUSE TO ADAPT to new conditions,

thinking you’re too stupid to know the difference and don’t mind or won’t

notice throwing money away to them for nothing … and so, I’m no longer

recommending them and the links to the affiliate sign up pages have been taken

down … “why would anyone throw money away from their account to trade with

them?” … makes no sense … and since they refuse to remain competitive,

I walk, simple as that … and so should you … and you simply take your BTCUSD

out of these places and put it back into your e-wallet … EASY PEEZEE!


To trade Bitcoin [BTCUSD] either “spot” OR leveraged perpetual contracts,

IMHO there’s only ONE place I recommend, and that’s “PHEMEX” … for

leveraged [100X or 1% margin] BTCUSD, you can check out their trading

platform for real at the link directly below:


https://phemex.com/trade/BTCUSD


For “Spot” BTCUSD [no leverage], you can check out their trading platform for

real at the link directly below:


https://phemex.com/spot/trade/BTCUSDT


By following these links, you can see first hand the “order book” for BTCUSD

… most of the time, the “LIVE” leveraged BTCUSD is a 50 cent bid/offer spread,

and the commission structure is … ready for this? … -0.025% “maker” [limit

orders] fee, and 0.075 “taker” [market orders] fee … that’s right, THEY PAY YOU

TO BE A LIQUIDITY PROVIDER ON THE ORDER BOOK PLATFORM! [Yes, I know,

you’ve always wanted to BE the scumbag LP for a market, ANY MARKET!]


For the “spot” BTCUSD, the bid/offer spread is usually between 1 cent - $2,

maybe a tad higher … but here’s the kicker! … sign up for “Premium

Membership” [$70 per year, or $0.19 cents per day] AND ALL TRADING

COMMISSIONS, WHETHER MAKER OR TAKER IN SPOT BTCUSD ARE FREE

… that’s right, no commissions, only the spread as your cost to trade! [if you

trade spot, this is a no-brainer to sign up for] … “Premium” will pay for itself

easily within the first week of trading … like I said, a no-brainer to sign up for

… and given the scope of the ranges for BTCUSD, and the fact it never closes,

it doesn't get any better than this!


PHEMEX is a no KYC offshore brokerage house … give them an email address,

deposit BTCUSD or USDT, and you’re ready to trade … use my affiliate link up in

the right hand column to sign up, it would be much appreciated … it costs YOU

NOTHING, but puts some crypto into my e-wallet over time, and allows me to

bring you uptodate content … if not, then don’t. Funding is via either BTC

[Bitcoin] or USDT [U.S. Dollar stablecoin “Tether”, which has a constant value of

$1] … BTC is used to trade contract BTCUSD, and USDT for everything else

… and after you’ve done some exploring, you’ll discover they have a gold

contract trading, where it trades in 0.001 oz. increments! … unreal, so if you

find yourself wanting to trade smaller amounts of gold, well here ya go.


As I think I said yesterday, their demo is very good and allows you to become

your own “scumbag LP” to the rest of the world cuz THEY PAY YOU 0.025% of

the value of BTC when your order gets filled using a limit order … open order

book so you can see the market … and once you see this, you’ll never want to

trade on MT4 or MT5 ever again using scumbag banks that fill you off the market

and screw you blind … quite frankly, it doesn’t get any better than this right now,

especially if you trade [or want to trade] “Spot” Bitcoin … razor thin bid / offer

spread with ZERO commissions when you’re a “premium” member … seriously,

for a market that moves like BTC, and is likely to go much higher in price,

trading it in these conditions is a dream come true … quite frankly, they beat

the shit out of PRIMEXBT, BASEFEX, COINEXX, and especially CRYPTO

ROCKET … you want to throw money away, use these guys … you want the

very best out there, then check out PHEMEX, and when you sign up please use

my affiliate link.


Then there’s the garbage we call the gold market … seriously pathetic trading

action … how pathetic? … well, at 18:39 server time, the scumbag LP’s ran buy

stops, and in one millisecond the market equaled about 25% of the day’s

range … outside of some light downward pressure in “Stock Bellies”, nothing

going on anywhere except … wait for it … that’s right, BTCUSD so far today has

a $750 range, with most of the action to the upside as it streaks to the 13,500

level … the more idiot governments print and shove down the rathole, the higher

BTC & gold go, although gold is still manipulated by the FED of course … here

at 18:45 server time, BTCUSD has just hit a new high for the day, so that range

might get extended … “and you sit there and seriously wonder why I’m trading

BTCUSD, almost exclusively in my own account”? … “c’mon man, you know,

it’’s the thing”! [most days, you can’t make this shit up it’s so bizarre.] … and

while BTCUSD soars, everything else diddle farts around … gold today, even

with the run on buy stops cuz they’re there, only has a $13 & change range for

the day … as I said, pathetic, and nothing more than a “circus shitshow” of

government manipulation … and that goes for the rest of the MT4 and MT5

markets as well … what a frickin’ disaster! [BTCUSD just hit 13,600 … but sure,

stick with trading FX and their 40 - 60 pip ranges from hell, I’m sure things can’t

possibly be any worse … bwahahahaha! … “I can bring donkeys to water, but I

can’t make them drink”!


And of course, that “flash in the pan” 1 millisecond stop hunt worth about $2 per

oz. on the upside, has gone nowhere fast simply cuz the scumbag bullion banks

sold the buys … why do you think they ran the stops, just for shits & giggles?

… these markets are seriously CORRUPT, and if you can’t see that, then there’s

no hope for you … BTCUSD IS THE ONLY TRUE FREE MARKET LEFT ON EARTH,

that isn’t corrupted by government manipulators … simple as that! … a $900

range now today in BTCUSD … imagine trading this with razor thin spreads, and

either being your own LP, or trading spot COMMISSION FREE WITH 0 FEES

… seriously people WTF do you want? … so, check out the links and see for

yourself.


No trades today in the TURNKEY PAMM / MAM.


What is it you want me to do with single digit ranges and no trading volume?

Gold today one of the sickest markets I’ve ever seen … just no interest at all, and

the only thing happening is the up/down stop hunts and mystery spikes that go

nowhere but fill people’s orders at the top for buys and the bottom for sells … if

the bid/offer spread were 3 cents, it would be OK to trade it … but at

approximately 30 cents per oz.? … no way Jose, you’ll spend 30 minutes just

trying to get out from underneath the spread, and I’m not even calculating any

slippage from these slimeballs … you have to go pre-pandemic back to last

November to get action this sick … and it ain’t better in anything else either,

except BTCUSD … why do you think I’m trading that and not this garbage pile?


Well, isn’t anything I can do about it … gold is what it is and when it gets

“sickly”, it doesn’t mess around … one sick trading puppy at the moment

… Outta here somewhat early today, simply cuz this stuff wears on you when it

doesn’t do anything but chop … do yourself a favor, and check out BTCUSD on

PHEMEX with the links I put above … Onward & Upward!! 


-vegas


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