Anybody here invested in Crypto? Considering jumping into the shallow end, seeing that the U.S dollar wont be worth more than a Whataburger wrapper in a few years.
If so, whats everyones play? Fractional Shares of Bitcoin, Ethereum, Other?
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Disagree completely.
Both are totally overextended and now broken. Zero support when market moves in gaps. The entirety of the parabolic move is always retraced, which is $550 -$650 on ETH.
The "bull run" broke out in July.
Yen approaching multi year breakout.
Yen is artificially manipulated by the Chinese, not even worth looking at unless you need to use it, this is well known. And we have multiple supports, 30K, 200MA, 61.8 Fib, we’ve been bouncing off them the whole time. We were in a bull run in July but it wasn’t parabolic like it is now. We’re going through the same thing as 2011-2013.
"Artificially" manipulated?
Dude, with all due respect, (you know what, fuck that) you don't know what you are talking about. "This is well known".
Whats the dif between "manipulated" and "artificially manipulated". Like saying your own personal opinion. This statement is idiotic.
ALL currency markets are subject to manipulation because, unlike equity markets, there are no front running restrictions or regulations. Size matters.
Leave the analysis to those who have been able to earn an actual living doing it.
I spent 8 years as a primary dealer. Keep your comments relegated to zero hedge with the rest of the larps.
LOL, I’ve been trading a lot longer than 8 years.
https://www.reuters.com/article/us-japan-usa-trade-currency-idUSKBN1H51BB
https://www.epi.org/publication/trans-pacific-partnership-agreement-currency-manipulation-trade-wages-and-job-loss/
https://www.industryweek.com/the-economy/trade/article/22008122/will-the-tpp-stop-japans-currency-manipulation
https://www.japantimes.co.jp/news/2017/02/01/business/trump-lambastes-japan-china-currency-devaluation/
Trump has been calling the yen artificially manipulated for years but he’s a larper too right? He’s a zero hedger whose never made any money either. Both of us bow to your financial intellect.
Made actual money that make a living off if! LOL. I bet. Investing in the yen will surely make TONS of money. Gotta jump on that myself. Haven’t lost a million since 2008.
You're a forex dealer and you get a $500mm US paired transaction from one of your banks?
What do you do first genius?
I will keep my 4200 or so ticks on my rolling contracts until the primaries lose their appetite.
I suggest you continue to digest retail news & enjoy your BTC "new age bull market". You're doing well today.