As my back is firmly pressed against the back of my couch, arm on the rest..I am coming to terms with some cryptocurrency markets i love to trade. Another day has past, as its late in the evening. I reflect on another trade of EOS, yes i caught the top again today. 8.09 was a sweet exit and am awaiting to see if the retrace to 7.50 range will occur. Bitcoin made some moves upwards today, but on a long chart it looks like it barely made an effort to break the down spiral. The trend remains down as it slowly edges into over bought territory. I can feel the air conditioning kick on, to relieve a 82掳F night.
Still my mind wanders
CNBC says that Ron Paul said the biggest bubble in the history of he world is about to pop. I Dont seek mainstream media often. Many times it flashes in front of my eyes..Right here ..In all my years as a trader I have also come to accept that this is long overdue. We will be lucky to lose only 50% of value in the selloff that has come.
As I ponder the future
I feel a bit of relief as i recall selling the tops of some last remaining legacy stocks several months ago. Markets exited, disaster avoided..but have i really? Buying extra food for the pantry slowly but surely is the manifestation of a subconscious voice that tells me i cannot get far enough away from it. My guns are clean, family has been briefed many times over. Mark my words, " A collapse of the old system will challenge every fiber of every person in the world. There will be mass casualties and billions of hungry people, its unavoidable." If only more of my friends and people in the world would listen more to common sense, please look at all the signs...Europe is on the edge, there is where the trouble will likely begin, and already has really. Forgive me my mind is drifting, some say the best way to resolve an emotion is to put it in writing 馃槉. Derivatives are piling up worldwide, and believe me when i say that a self taught economist and currency trader , with little "formal " education into these topics, cautions you.
There is a glimmer of hope
Now im settling down, today i counted my airdrops, spoke with some persons about how to fix the EOS constitution, and looked at Bitcoin Cash and wondered why it went up 350% from 04.06 - 05.06 when the real bitcoin was being shorted into the dirt, wondered why so many are waiting for institutional money to come, while they have been sneaking in and out of the markets all year long (Yes, much more is coming) Etfs will provide the infastructure that crypto needed for getting big money in with alot less risk. So dont worry, its coming. Just ask CBOE what they are working on if you dont believe me 馃. Its amazing how much thinking a simple brown couch can do for you if you seek some peace and quiet. I hope you all are listening, i hope i have raised some questions. If i have offended anyone, i hope it is the kind that makes you challenge the world and please dont kill the messenger, we are in short order these days 馃槆馃
