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Much excite!
This young Shibe has just earned his first 1000 dogecoins from photoshopping some stuff for other Shibes.
I told myself that once I hit 1000 I would start to check out Trading, and see how fast I can make it to the moon launch with all my fellow Shibes!
I'll be updating this post daily with an account of my travels in the world of watching candlestick charts, just to help out some other Shibes if they are interested.
the tools I am using:
Following this Chart with such anticipation
Using Cryptsy - Not a referral link
wish me many Shibe luck!
edit - My strategy is simple at the moment - since I am not buying Doge yet on Cryptsy, and only have 1000 Doge deposited, I am planning my first sell for a high price, and then seeing if I can make that back at a drop at some point in the day. I know, I know, very naive and very newbish, and that's just the general rule on trading anyway, but that's just how I'm starting. Once I get settled, I will place my stops, and start with the big-Shibe pants on.
whenever I say "prices" I am referring to DOGE/BTC prices.
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1/26, 10:42am
- prices are at 186, not that appealing to sell, but definitely for buying. I predict that it will not drop below 184 today crosses fingers for a rise. there was some CRAZY movement down this morning, I guess people are thinking about getting out after they heard about the difficulty increase? I'm too new to this to speculate on anything like that yet. If things get near 200 again, I will be selling some Doge and attempting to cash-in again and buy when it goes back to 180ish.
1/26 11:41am - 198 was the high last hour, I was so close to 200, but I told myself that I wouldn't sell until my mark and I used shibe-control mind powers to stop myself from jumping the gun. test one of control complete. the numbers are on the way up again, maybe we can hit 200!
1/26 12:21pm
- well, I'm getting scared, prices are at 176 now, and falling fast. people all over the place are unloading doge for some reason. I wish I had the money to buy more right now, this seems like a good time. Unless it drops more, and then I would try to buy more in an hour or so. oh man, it dropped to 167 while i was typing this...
1/26 1:42pm
- rising again! 191 and climbing. I am seeing Hammers forming on the candlestick chart, that was just two back-to-back. I predict 200 in the next hour sometime, but I also thought earlier that it wouldn't drop below 184, so...
1/26 2:30pm
- 191. Also, there seems to have been an IRC log posted here that shows people all banding together and driving the prices down. I can't believe that there are people doing this already, with absolutely no way to "bring them to justice". It makes me sick and I want to leave Dogecoins now. I will never have enough to compete with groups of people with millions of coins doing this.
1/26 5:08pm
- will not go above 190ish. Maybe tomorrow will be more interesting for candlesticks.
1/27 7:52am
- wake up to see that prices are dropping again, currently 183. I think that in order to make some Doge in this market, I am going to have to rethink my strategy. Maybe 200 was too high of a mark. there was some crazy down-trending yesterday that just scared me as a new shibe-trader. many worry, such confuse. I am going to follow trends until 10am (or this pot of coffee drains, whichever comes last) and then see where my new ceiling will be.
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