Breakout!... wrong way! by bengy

View this thread on steempeak.com
bitcoin · @bengy ·
$7.67
Breakout!... wrong way!
<div class="text-justify">

<center><img src="https://images.unsplash.com/photo-1490028620631-0f8588dea982?ixlib=rb-0.3.5&ixid=eyJhcHBfaWQiOjEyMDd9&s=ba1a90607c63c69824b0d0b08ae339c0&auto=format&fit=crop&w=1050&q=80" width="1050" height="700" class="aligncenter size-full" /></center><br/>

<center>[Unsplash](https://unsplash.com/photos/m9BG9TeDfQY)</center>

Oh well, it’s going to be one of these days! With Bitcoin (BTC) trading sideways for so long all the news and predictions were for a breakout, probably to the upside! I wake up this morning, and definitely there was a little breakout but to the downside in the early hours of the European morning! Likewise, the stock market seems to have taken a huge tumble as well! 

It’s funny, I’m still reading my newsfeeds, and they are still full of articles from around 6-12 hours ago, all predicting heavily on an upside breakout! Well, Bitcoin (BTC) did bounce away from the 6000 USD line, so I guess I’m happy for that!

# <center>Cindicator predictions</center>

<center><img src="https://steemitimages.com/0x0/https://en.bitcoinwiki.org/upload/en/images/8/88/Cindicator_%28CND%29_Coin_.png" width="217" height="233" class="aligncenter size-full" /></center><br/>

<center>[Bitcoinwiki](https://en.bitcoinwiki.org/wiki/File:Cindicator_(CND)_Coin_.png)</center>

Haha… Well, let’s just say that I’ll be happy if my total month to date scores remain above zero in the coming day! I’m getting a barrage of red predications, having bet heavily on most questions for a green upside breakout, or at the very least a slow growth in both the traditional and crypto market questions. Needless to say, I was pretty wrong… however the small light in the red was that some of the coins that I had less trust in I predicted to go down anyway, so there is an occasional flash of a green positive score! But the ratio is about one green to five red! Lucky I had built up a buffer of points in the preceding days! 

So, today and maybe tomorrow, my Cindicator score is going to take a huge beating, and then I’ll slowly build it up again. With over two weeks before the end of the month payout, I’m still pretty certain that I can keep my score above water and even get a decent payout!

# <center>[Bitmex](https://www.bitmex.com/register/NL8TaK) Derivatives</center>

<center><img src="https://steemitimages.com/0x0/https://images.unsplash.com/photo-1535320903710-d993d3d77d29?ixlib=rb-0.3.5&ixid=eyJhcHBfaWQiOjEyMDd9&s=40224a1b56152024ec437c4f2f4ef6e8&auto=format&fit=crop&w=1050&q=80" width="1050" height="700" class="aligncenter size-full" /></center><br/>

<center>[Unsplash](https://unsplash.com/photos/ZzOa5G8hSPI)</center>

Well, as I had mentioned in [this post](https://steemit.com/bitcoin/@bengy/tryingoutcryptoderivatives-zdamap894r), I was trying out the Bticoin and Ethereum derivatives market with [Bitmex](https://www.bitmex.com/register/NL8TaK), and I had some beginner’s luck so far. Especially with being quite cautious and taking profits early rather than taking risky bets. As I had mentioned, I had only put a tiny amount of stake into this experiment, as I just wanted to learn the ropes. 

Luckily, my Ethereum (ETH) position closed at a small profit before the crash, and even luckier the Bitcoin (BTC) price bounced back before it hit my liquidation price. Although, I have to say, it is still hovering too close to the liquidation price for my liking, but hopefully some white knights will drop in today and start hoovering up Bitcoin (BTC). On the other hand, if I lose it, it won’t matter too much, like I said it was only a tiny amount!



# <center>[EOS Knights](https://eosknights.io)</center>

<center><img src="https://eosknights.io/img/demo-screen-1.jpg" width="720" height="1280" class="aligncenter size-full" /></center><br/>

<center>[Publicity Screenshot from EOSKnights.io](https://eosknights.io)</center>


So, to end on a brighter note, my little toons in [EOS Knights](https://eosknights.io) are still busy jumping around and collecting materials and gear. I’ve started to appreciate the value of the pet expeditions in bringing rarer crafting items and more importantly the Magic Water that appears to be the limiting resource at the moment. 

If you have a Scatter account set up, I would really recommend this idle game. It is something that can easily run in the background and isn’t hard on your computer. However, just like other freemium games, keep an eye on what you are spending. I don’t whitelist the spending on Scatter, so it throws up a “Are you sure” prompt before trying to do anything. Annoying, but it stops me spending EOS tokens accidentally. On the plus side, I have started to sell off some of my unwanted gear and materials for EOS tokens. Not much, but it is a start!

If you do join up, please use my referral code “g44daojvguge” and you will get a bunch of the resource Magic Water (I will get exactly the same amount, I think it is 1000). 

# <center>Keep Your Crypto Holdings Safe with [Ledger](https://www.ledger.com?r=7db72b914099)</center>

[Ledger](https://www.ledger.com?r=7db72b914099) is one of the leading providers of hardware wallets with the [Ledger](https://www.ledger.com?r=7db72b914099) Nano S being one of the most popular choices for protecting your crypto currencies. Leaving your holdings on a crypto exchange means that you don’t actually own the digital assets, instead you are given an IOU that may or may not be honoured when you call upon it. Software and web based wallets have their weakness in your own personal online security, with your private keys being vulnerable in transit or whilst being stored upon your computer. Paper wallets are incredibly tiresome and still vulnerable to digital attacks (in transit) and are also open to real world attacks (such as theft/photography).

Supporting a wide range of top tokens and coins, the [Ledger](https://www.ledger.com?r=7db72b914099) hardware wallet ensures that your private keys are secure and not exposed to either real world or digital actors. Finding a happy medium of security and usability, [Ledger](https://www.ledger.com?r=7db72b914099) is the leading company in providing safe and secure access to your tokenised future!

<a href="https://www.ledger.com?r=7db72b914099"><img width=728 height=90 alt="Ledger Nano S - The secure hardware wallet" src="https://www.ledgerwallet.com/images/promo/nano-s/ledger_nano-s_7-2-8x9-0.jpg"><br/></a>





</div>

https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmQgdKBYt2WqqK4iNvDmFsZHUJfu9t62Hz1JxHAwJ7SyoB/thealliance_pagebreak.png


<center><a href="https://steemit.com/@bengy"><img src=https://cdn.steemitimages.com/DQmS3NNz4S6PTtVURiQEDZ38qSCJuwQt6qEYe8pLbyyKm9c/upgoats-bengy.png><br/><br/></a></center>


<center><sub>Upgoats by ryivhnn
Account banner by jimramones</sub></center>




<center><a href="https://musicoin.org/nav/artist/0x4caf42725e9d201c663c2478b793471d729812b3"><img src=https://steemitimages.com/DQmYWkVj85Wdjvi35DcmfsWx4segfFMgVuAVfkqoQoc7YCd/download%20.png><br/><br/></a></center>



<center><a href="https://steemit.com/@classical-radio"><img src=https://steemitimages.com/DQmeoERDzqJXs2uwJ3BQjuKvTEQf4jjhCxuAr6pt87qkGr5/Classical_Music_smaller.png><br/><br/></a></center>

<center><sub>The classical music community at #classical-music and [Discord](https://discord.gg/ppVmmgt). Follow our community accounts @classical-music and @classical-radio. Community Logo by ivan.atman</sub></center>




<center>[![SB_new.png](https://cdn.steemitimages.com/DQme6iCXXT4Nedd1YVvdMCKq4Hr6dMD8NBMEaog6n7Gnr6e/SB_new.png)](www.steemit.com/@steemitbloggers)</center>

<center><a href="https://steemit.com/@musicapoetica"><img src=https://steemitimages.com/DQmeQdiSjT8s2DLPiJYGeegNt2vSXx1A5LGzkhPeuafyXnH/cropped-MUSICA-POETICA-1600x230-Schrift-Geygenfarbig.13.png><br/><br/></a></center>



<center>[![steemengineBannerAnimation(test).gif](https://steemitimages.com/DQmbL3cUmuD8wEbAhqqPtZcxA1QX1PmgQjY6nsMb5XZBepw/steemengineBannerAnimation(test).gif)](https://steemit.com/introduceyourself/@thesteemengine/introducing-the-steem-engine-initiative)</center>

 
 <br /><center><hr/><em>Posted from my blog with <a href=&#039;https://wordpress.org/plugins/steempress/&#039;>SteemPress</a> : http://www.gamerjokerbreadder.com/2018/10/11/breakout-wrong-way/ </em><hr/></center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 150 others
properties (23)
post_id64,039,736
authorbengy
permlinkbreakoutwrongway-xixwoefrqi
categorybitcoin
json_metadata{"app":"steempress\/1.4","original_link":"http:\/\/www.gamerjokerbreadder.com\/2018\/10\/11\/breakout-wrong-way\/","community":"steempress","tags":["bitcoin","cindicator","crypto","eos","money"]}
created2018-10-11 07:41:00
last_update2018-10-11 07:41:00
depth0
children8
net_rshares6,249,277,611,533
last_payout2018-10-18 07:41:00
cashout_time1969-12-31 23:59:59
total_payout_value5.657 SBD
curator_payout_value2.017 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length8,429
author_reputation255,074,278,371,135
root_title"Breakout!... wrong way!"
beneficiaries
0.
weight1,500
accountsteempress
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (214)
@fullcoverbetting · 
I guess it is time to invest some more! Was waiting for Neo dropping below 15€, this has been reached!
👍  
properties (23)
post_id64,040,894
authorfullcoverbetting
permlinkre-bengy-breakoutwrongway-xixwoefrqi-20181011t080954722z
categorybitcoin
json_metadata{"links":[],"image":[],"app":"busy\/2.5.6","users":[],"community":"busy","format":"markdown","tags":["bitcoin"]}
created2018-10-11 08:09:54
last_update2018-10-11 08:09:54
depth1
children1
net_rshares774,017,833
last_payout2018-10-18 08:09:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length102
author_reputation95,255,242,917,677
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bengy · 
Ha ha, my thoughts as well... Hopefully by the time the fiat clears the banking system it won't have recovered too much!
properties (22)
post_id64,061,567
authorbengy
permlinkre-fullcoverbetting-re-bengy-breakoutwrongway-xixwoefrqi-20181011t151833722z
categorybitcoin
json_metadata{"community":"steempeak","tags":["bitcoin"],"app":"steempeak"}
created2018-10-11 15:18:36
last_update2018-10-11 15:18:36
depth2
children0
net_rshares0
last_payout2018-10-18 15:18:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length121
author_reputation255,074,278,371,135
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@trincowski · 
Uahahhahahah! I spent most of my ETH last week... traded it for STEEM. 
No point holding a coin that does nothing for me.
👍  
properties (23)
post_id64,043,044
authortrincowski
permlinkre-bengy-breakoutwrongway-xixwoefrqi-20181011t090311449z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"busy\/2.5.6","links":[],"image":[],"users":[],"format":"markdown","community":"busy"}
created2018-10-11 09:03:15
last_update2018-10-11 09:03:15
depth1
children1
net_rshares774,432,474
last_payout2018-10-18 09:03:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length121
author_reputation60,255,958,607,435
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bengy · 
I was toying around with the derivative markets, so no holding of any particular token at all! It's pretty weird and fast moving, but I'm taking it easy....
properties (22)
post_id64,061,515
authorbengy
permlinkre-trincowski-re-bengy-breakoutwrongway-xixwoefrqi-20181011t151743153z
categorybitcoin
json_metadata{"community":"steempeak","tags":["bitcoin"],"app":"steempeak"}
created2018-10-11 15:17:45
last_update2018-10-11 15:17:45
depth2
children0
net_rshares0
last_payout2018-10-18 15:17:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length156
author_reputation255,074,278,371,135
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@fromage · (edited)
You're gonna have to get your "magic" water somewhere else,  pal!  Sounds suspicious to me.
👍  
properties (23)
post_id64,047,033
authorfromage
permlinkre-bengy-breakoutwrongway-xixwoefrqi-20181011t104339719z
categorybitcoin
json_metadata{"app":"steemit\/0.1","tags":["bitcoin"]}
created2018-10-11 10:43:42
last_update2018-10-11 10:44:00
depth1
children1
net_rshares774,986,558
last_payout2018-10-18 10:43:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length91
author_reputation3,521,005,201,684
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bengy · 
Ha ha! I didn't think of that! It does sound dodgy as all hell when you say it like that!
properties (22)
post_id64,061,434
authorbengy
permlinkre-fromage-re-bengy-breakoutwrongway-xixwoefrqi-20181011t151630851z
categorybitcoin
json_metadata{"community":"steempeak","tags":["bitcoin"],"app":"steempeak"}
created2018-10-11 15:16:33
last_update2018-10-11 15:16:33
depth2
children0
net_rshares0
last_payout2018-10-18 15:16:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length90
author_reputation255,074,278,371,135
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@janton · 
sir bengy! great job sir and very informational and could be maybe even a little educational!
👍  
properties (23)
post_id64,159,493
authorjanton
permlinkre-bengy-breakoutwrongway-xixwoefrqi-20181013t061545956z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2018-10-13 06:16:09
last_update2018-10-13 06:16:09
depth1
children1
net_rshares1,047,751,449
last_payout2018-10-20 06:16:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length93
author_reputation129,817,527,504,984
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bengy · 
Ha, Yes... Also educational for me! I still hanging on, not liquidated but just hanging on by a hair!
properties (22)
post_id64,223,077
authorbengy
permlinkre-janton-re-bengy-breakoutwrongway-xixwoefrqi-20181014t095253608z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2018-10-14 09:52:57
last_update2018-10-14 09:52:57
depth2
children0
net_rshares0
last_payout2018-10-21 09:52:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length101
author_reputation255,074,278,371,135
root_title"Breakout!... wrong way!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
Help/Feedback