![]() ![]() That Ether was gonna buy me another delivery car so I could work, plus pay last months past due rent. Harmony ONE has been the ONLY bright spot since my daughter's been born! It REALLY put us behind though. Police really let me down here! But now, because I cannot drive, I no longer qualify for the partial unemployment I been receiving ($300/week) Fiance is a stay at home mom for our premature daughter. I blew the motor in my car while at work 3 months ago and got my fiances car stolen, while at work, one month ago. It took me over 6 months to make that Ether. I was still up at 6am and made a nieve transaction which I will regret the rest of my life! I only work 20 hours/week at Jimmy Johns as a driver so I am not rich by no means. Im a new father and don't sleep much anymore due to baby. ![]() I got scandled out of 1.1 eth ($2000) from this thing on Telegram stating send them crypto and they'll send you twice as much. Only ever buy on a red candle or immediately after one.ĭo that and you'll find your entry points give you alot more joy. No trade is worth taking in a dezperate rush. This space is littered with awesome trade. The price goes up and I either keep waiting for it to come down or I look for another trade.Red candles and i'm a winner compared to where I wanted to buy.If every time I buy the stock dives, then when I'm ready to buy, stop and wait. So easy to identify the issue, so hard to overcome the impulse. Usually a better one if you're making a rushed, emotional decision. When trading, you never need to make a quick decision. Driven by a feeling that a quick decision is needed. In a nutshell, its almost always lack of patience. We all know it's dumb and we all rarely learn from teh mistake and we do it again. Or more to the point a really common psychology that to be a successful trader you need to userstand and resist. Just like the old Rainbow Chart, someday it might not be correct anymore.This is a really common experience with a really common cause. You can not predict the price of Bitcoin with a rainbow! It is meant to be be a fun way of looking at the historical long term price movements. The Rainbow Chart is not investment advice! Past performance is not an indication of future results. If you have any questions, feel free to hit me up on Twitter or contact our PR Department. As you can see, even in the new model we are in the lowest “Fire Sale” band, so fingers crossed! The result is this beautiful rainbow that will hopefully have a brighter future than the old one. One that is the best fit for all of Bitcoin highs (red) and one that includes only the lows (blue). The rainbow is still not a full rainbow that goes back down, because that is not how Bitcoin works!.We kept the legend labels and the colors (still no indigo)!.You can add more years to the rainbow chart.You can now zoom and pan into the chart as you like. ![]() But due to the recent events the potential trajectory for the Bitcoin Price is not as bullish as the old one.The new fit explains every move so far (the old one had a couple of wicks outside the rainbow).The Rainbow Chart V2 is based on a completly new formula, fitted with data until 2022.So instead of letting the rainbow chart die or simply add more colors (indigo, ultraviolet anyone?), we remodeled the Bitcoin Rainbow Chart! So, what’s new? Since then, we have a lot of new Bitcoin price data. But after a brutal 2022 in the crypto industry it was just no longer valid. Seriously, SELL! FOMO intensifies Is this a bubble? HODL! Still cheap Accumulate BUY! Basically a Fire SaleĪs you may have noticed: The original Bitcoin Rainbow Chart is dead! The chart, which was based on a model developed in 2014, held for quite some time. ![]()
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