CantorTechnologies

CantorTechnologies Updated 

What's up guys, YoungShkreli here We made it to the first page of the active traders list earlier today! (means reputation went up a lot in a day) Not about Bitcoin, but I hope you'll read, it's kind of my makeshift mission statement: Before we talk about Bitcoin, I just want to tell you all that I'm really grateful for all of the support I've already gotten....

CantorTechnologies Updated 

What's up guys, Young Shkreli in the building I have an announcement to make: BITCOIN IS GOING DOWN! (unless it doesn't which is why our stop loss for this short trade is above the 200ma around $9000) My background is mathematics and so when I look at the macd, I don't look for a cross, I look for a point of zero-slope (derivative of 0) because that is around...

CantorTechnologies Updated 

What's up guys, Young Shkreli here Just thought I'd take a moment to update you guys on my views on Bitcoin. Congratulations to everyone who went short with me at $8200, we are up 18% USD and 36% BTC (assuming 1x leverage). I would lower you stops to $7200. As we keep lowering our stops, they become more likely to be hit, so don't be surprised if you get stopped...

CantorTechnologies

What's up guys, YoungShkreli here I want to talk about the bottom that bitcoin is likely to form within the next year (Today-August 2019) and the low volatility that will follow. This is the chart from the last bear market. You will notice is looks very similar to this bear market and indeed I do believe you should pay careful attention to this chart because...

CantorTechnologies

What's up guys, YoungShkreli here As you may know I've been bearish since $8200 (check my article on that) and I've been calling for $5,000 as well. So, why am I making a bull case for bitcoin? Because you MUST be prepared to be wrong! That is what separates me, a good trader, from most traders, I don't spend most of my time thinking about how to find ways to...

CantorTechnologies

Hey guys, YoungShkreli here, I am going share with you four lessons that, if mastered, will help you a become a successful trader, so pay attention 1) Use the daily chart. Look at this 4hr chart. This s**t only happens on low timeframes. If the daily did things like this, it would a be followed by like a 20% rally every single time, but on the lower time-frames,...

CantorTechnologies Updated 

What's up guys, YoungShkreli here We are lowering our stop to $7650 which means we are GUARANTEED a 7% return in USD and a whopping 14% return in BTC. That's a good day at the office, folks. As I said yesterday, I remained bearish even though it looked like a pullback could be coming, why? because the ashi still closed red. I will be in this trade for as long...

CantorTechnologies Updated 

Hey everyone, YoungShkreli here As you all know, I've been bearish since $8,200. However, I was expecting more volume and wasn't expecting us to go back to $7,500 so soon after we had broken that level. Is YoungShkreli a bull now? No, YoungShkreli is not a bull. No trade is ever going to be perfect and this is just another imperfect trade. As you can see, I've...

CantorTechnologies

Hey everyone, YoungShkreli here Every now and again, I reflect on my trades and see if I can pull something from my past that will help you all in the future. So gather around the campfire, have some smores, papa Shkreli is going to tell you all a story. The date is April 11th 2018. Tomorrow, there will be one of the biggest, if not the biggest, short squeezes...

CantorTechnologies

Hey everyone, how's it going? YoungShkreli here I was going to wait until tomorrow, but I figured I'd give you guys an early Christmas present since some gentleman was asking my thoughts earlier. We are doing really well in this trade since Bitcoin has fallen about $1,000 dollars since we first went short. At the moment, those who listened to me (I listened to...

CantorTechnologies Updated 

What's up guys, YoungShkreli here Before I jump in, I want to talk about my style. You aren't ever going to see me draw arrows trying to predict the path bitcoin is going to take - it's completely pointless and stupid. It's a great way to look like a clown. I don't even know if I'm right directionally, how can I tell you the path when I don't know the...

CantorTechnologies

What's up everyone, YoungShkreli here If you'll compare this chart to the shorts chart you'll notice that people are longing more and shorting less. This tells me that there is going to be fuel for a move to the downside (liquidated longs) and that my followers and I might just be early to a massive fall. I'm a bit surprised that more people aren't shorting...

CantorTechnologies

What's up guys, YoungShkreli here I've written about my short position on bitcoin and if you haven't been following my posts, go ahead and do that. If you'll all notice, for some reason, people just don't seem to be shorting bitcoin. This tells me one of two things: IF we are to go down more, there will be more volume (eventually shorts will come) on the...

CantorTechnologies

What's up guys, YoungShkreli in the building I'm really happy for all of those I was able to help on this short position. I have an announcement: we are now in a riskless trade! We are going to lower our stop-loss to: $8050 and guarantee a profit of about 2% in dollars and about a 4% profit in bitcoin. The reason I started writing these posts about 2 days ago...

CantorTechnologies

What's up everyone, YoungShkreli here Real quick before I say anything about bitcoin, that line on the macd is the point of zero slope, aka where the derivative is zero, aka a local extrema of the function. Someone asked, I figured a picture would paint a thousand words. Anyways... well we did it guys, we did it. We called the dip to the day and I'm not making...

CantorTechnologies

What's going on guys, YoungShkreli in the building Apple is truly an amazing company. I just read Steve Jobs' biography by Walter Isaacson and it was deeply informing of his character and why Apple will likely never see better days than under him. Here's the thing about truly revolutionary people: they start and do their own thing. I don't know about you...

CantorTechnologies

What's going on guys, YoungShkreli in the building As you'll see I've tagged Bitcoin in this because this is an educational post and not just about BHC (formerly VRX). I didn't know anything about this company, I just saw an article one day by chance that said Bill Ackman, after suffering something like a 90% loss pulled out of VRX. They mentioned in that...

CantorTechnologies

What's up guys, YoungShkreli in the building I do not believe the bear market is over in Bitcoin, and thus I do not believe the bear market for crypto is over, so for those of you looking to buy cheap Ether, allow me to share my strategy. You'll notice I've drawn a line at the $300 level. I remember back in the summer of 2017 when it was $70 and then it wasn't....