You're right on the mark there, Bitcoin has been moving sideways since April.

I like the fact that you're now looking the chart for what it is, instead of using it as some sort of indication of future events.

Everything you mentioned is exactly what is on the chart: Each time the price has plunged the range of prices between pre-dump / post-dump has constricted, suggesting the amount of interest at lower price points is waning.

Just like with the alts, once there is no sellers interested in parting with their coins at lower price ranges, more and more people begin to hold. Which means the only way for traders to buy in is via the sell side orders, which sends the price upward if trading volume is sufficient enough.

So in answer to your question, if the volume picks up we could see some good movement in the BTC/FIAT side of things


This is something that sounds much more complicated than it actually is, but it's really simple once you boil down to the bare bones of the strategy.

Think of the market like a river and each coin like boats sailing through this river.

Then look at all the reasons why people consistently lose.

1. Chasing pumps, buying too late ("missing the boat")
Using our river/boat analogy, these traders who buy late are literally jumping off the deck and into the river... swimming 'against' the tide and natural flow of the river in attempt to catch this boat, and climb aboard - you don't have to be a genius to work out why such a strategy often leads to market fatalities.

2. Buying into the wrong coins, buying into hype etc
The problem that these traders have is that they buy into hysteria, false promises and marketing ploys. Using our river/boat analogy, these traders arrive early to board their boats, thinking that they are boarding the most prestige vessels that have the most experienced sailors as captains - when really, the boat is rickety... filled with holes... and has been made to appear "shiney" with cheap paint and other tacky materials... Even worse, the 'captain' (developers) of these boats have seized all the life boats and life jackets for themselves so that they can secretly abandon ship once it capsizes.. Leaving the passengers stranded at sea in a sinking ship.

So clearly, the issue here is in finding the true gems. The issue is in separating the battleships from the rickety boats. Not only this, but the issue is with timing (not missing the boat)

There are numerous coins that fall into 'battleship' category. These coins are air tight, and whilst the 'longevity' of each and every coin is always in question - you can always tell when a boat has one or two journeys left in it... and this is where skill comes into play.

Again, using our analogy, and as you mentioned - the one factor that will always remain is the river itself (the market.) The boats and battleships will come and go, but the river will always remain.

Therefore if one would wish to be successful, looking for the battleships that have yet to set sail and then boarding them before everyone else is the most logical bet. Because so long as the river remains, these battleships will set sail once again because that is their only function.

Traders have to educate themselves on what to look for before blindly rushing into buying any coin.

If more traders took the time out to do this, there would be fewer market fatalities

In trading, money is NEVER won... and money is NEVER lost!

In trading, money is only MOVED from point A, to point B.

kudos, KUDOS and MEGA-KUDOS to ryan and all the long time members!!  IOC has been paying my bills for 4 months in a row. It has been going up 100% and higher ever freaking month, this takes the word "moonshot" to another fucking dimension

keep the money pumping out sir

i got in hoping to make this a regular treat

I fucking LOVE what you are doing with vtc ryan, im +200% on 1.8btc since you first mentioned it

What a class act ++++1