Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
SolarStorm
on 28/12/2016, 11:08:52 UTC

Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.

Thanks a lot for putting it so succinctly! It is what I was thinking (but condensed much clearer... I love the phrase "boundaries which the impatient act on depending on fear/greed ratio") but I just wanted a little more of a glimpse into the technicals that get mentioned (ever so cryptically) in this thread. (Just so it makes it seems more like I'm working for this income, sort of...LOL)

Just imagine the opposition in trading as a bunch of goons in a shady office, planning on a whiteboard how to take over the whole market.  They plan like 'if we pump coin X now and troll a little in thread of coin Y and then we dump coin Z, all these muppets will be confused and we take off with the diamonds'.

Nothing is real, except the force, luke, the force of the fundamentals.