A place for members of r/loopringbrigade to chat with each other
TradeLoopBrigade
r/loopringbrigade•871 subscribers•5 activeAccess Point for Pepe's Exciting Airdrop Unveiled https://pepecoineth.eu/
Learn more about StarkNet's plans for incentivizing community participation in the testing of StarkGate by reading their latest post. 04.05.23 https://twitter.com/StarknetGate/status/1643727151030476801
JustLend's latest giveaway is an exciting opportunity for TRON stakers to potentially win some amazing prizes. 03.13.23 https://twitter.com/JustLendDEFI/status/1635440416899186688
SushiSwap's USDT trading pair for DAI/USDC is a testament to the platform's commitment to making decentralized finance more accessible and affordable for all. https://twitter.com/SushiSwap\_2/status/1635075412597538816
If ETH can't break through resistance around (1680) , price may go back down to support around 1550 area. If price drops below 1525, there is a good possibility it will continue lower.
(Not Advice)
I think fast, easy, secure digital payments (Crypto) will not just change the way we move money, but actually the economy as a whole. You can already start to see it happening with all the online gig-workers and the digital free-lance economy picking up the way it has. The way I see it crypto is not just ideal for our future, it is essential, for the way we will need to be able to pay each other for goods and services, in the new digital economy.
(LRC) has cleared the .40 resistance area. Current projections indicate next likely resistance area around .485 - .49, will be watching this area for a possible re-tracement.
(Not Advice)
If you are new to the group use this thread to introduce yourself.
5 Helpful Tips for Traders
1. Don't rely on your indicators when trading. You should only have 2 indicators on the screen other than volume and price action, any more than that will just confuse you and make it harder to see what is actually going on. 2, Price action and Volume are king. Indicators are secondary and should be used to confirm what you are already seeing in price action. 3, Be Patient. A well timed entry makes the trade easier to manage and increases your chances of profit. 4, Know when to exit the trade. Have the next likely area of resistance marked out before entering a trade so you don't get caught off guard, by re-tracements - (Pivot Points). 5, Have a plan for both outcomes. Don't just make a plan for if you are right, also make a plan for what you will do if your original hypothesis is wrong. ie. Stop-Loss (Learn to cut your losses quickly)
My projections show another move higher in price action for (ETH) is likely in the short-term. Will be doing a daily thread on this. Would anyone like to make a prediction or talk charts?
(Not Advice)
MACD cross-over possible in the short-term, which would indicate ETH is about to make another move higher.
Billionaire Charlie Munger Delivers Very Bad Crypto News (msn.com)
I don't understand how crypto is any different than any other derivative asset on the market, Options for instance are just as dangerous to any new investor that gets involved without fully understanding the risks.
Good luck to all you crypto and trading enthusiasts. Don't forget to take some of your profits off the table as the market goes up, you don't want to get caught holding the bag next time the market goes into bear territory. I will be posting daily updates now that the market is moving upwards again. Thanks for sticking around through all the F.U.D.
P.S. if anyone wants crypto merch (Tee's and Hoodies) DM me.
There is this guy in my city who I've been in our own "boiler room" (rougly 3 months) with who willy nilly buys/sells shit that has consistently been profitable for him... makes no sense to me because he doesn't seem to really have a plan other than winging it, says he's been trading for 6 years..