Friendly tip for newcoiners

how to get rich quick
>find a high volume, high volatile coin (ans is a great current example)
>wait for a new ATH and a new paradigm after it
>its value will now bounce up and down between its new ceiling and floor
>turn on the bollinger bands
>buy at the bottom of it, sell at the top
>keep doing this until it breaks the new ceiling or floor (usually 4-5 bounce minimum)
>repeat as long as it's volatile enough and the volume is high enough
>congratulations you've doubled/tripled your initial investment in only a few days
don't forget to thank me and send me 1% of your gains you get with this bulletproof technic that whales don't want you to know!
btc: 1371YB5VJaT68bk5bcV932H3c8nRvCtPaz
happy gains anons

have you done this with success?

One of my strategies, in simple words.

>literally the most basic trading tips
WOW DUDE YOURE THE NEXT BILLIONAIRE

yes but my initial investment is pathetically low because I'm a poorfag

t. been almost doubling weekly my value since I started doing it

yet most jellyhands and MUHSTRONKHANDS don't seem to be capable of doing this simple trick

Keep it up ;) 2 x 2 x 2 x 2 etc, will become a lot, quickly.

until BTC crashes around 08.01.

2 ^ 200 and you dont care about a 100$ bitcoin

I've heard the term but didn't know what it was about, no reason to be a cunt.

What shitcoins have you tested this with OP?

Also what are you using to overlay the bollinger bands? cryptowat.ch is nice but doesn't support shitcoins

bittrex's own is simple and easy
>What shitcoins have you tested this with OP?
ark, ans, bts

Should I buy bitshares now? or wait?

You mentioned you're broke..how much do you have in and how much are you up?
I've got ~900 in that's worth 2200 spread across eth, sia and ubiq

look through the top 30 volume coins
check if there was a recent ATH
check if the price changes fast enough
check if there is a clear floor and ceiling after the ATH, it's an easily recognizable pattern, see pic related
go down to 5 minutes (my opinion)
add bollinger bands
right now ANS seems to be the best for this type of sell/buy tactic
happy trading

I have ~$1000 now invested
I had $200 ~4 weeks ago

+20% gain in 24 hours on ANS, and I'm not even that good with this technic yet

What settings do you put for Bittrex Bollinger's band ? By default it's 50 periods.

so far the default seems to work pretty well, haven't experimented much with fine tuning yet, I usually check multiple time scales at once to decide if buying or selling is a good idea, also multiple moving averages seem to help a lot, especially when they cross each others, checking them on multiple timescales as well

What BB length do you use for 5 minute candles? 20?

>turn on the bollinger bands
newfag here. What websites use TA?

just use the bittrex default
default seems to work fine if you are talking about the period

I usually use 5-15-45 moving averages, check their crossings, and check the bollinger top/bottom hits on 1-5-15 minute scales if it moves really fucking fast, 5-15-30 if it's slower

how do i trust the bollinger's lo/hi

Thing is you can just as fast lose your money. You are basically gambling. In the end, holding (buy low sell high) is much more effective.

this is why you do it with a small portion of your investment.

Thanks OP

RSI is interesting too