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Is it happening now, BTC below 37K !!??!!
- Thread starter burden
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- bitcoin cryptocurrency
Will not take that bet.
You guys should check the charts, if they're to be taken into account this is an area where bids are layered like paint on a 2000 year old building. So the current dip was artificially caused to fill these bids. That's a short term bull thesis, my main bull thesis would be how balls deep the likes of Microstrategy, Tesla and Luna Foundation are into Bitcoin, if it dips under 30k they're in trouble and that will be followed by the worst bear market crypto has ever seen.
ATH Q2 for Bitcoin? Well, you never know, May will be telling.
ATH Q2 for Bitcoin? Well, you never know, May will be telling.
Yes I agree it will go up after it goes down, or the other way around.
Good TA. It reached the bottom of this falling wedge from which it goes up to new all time highs. It might also break down to doomsday new lows.
People do not understand that BTC/crypto is no longer THE alternative asset which develops independently from all other asset classes.
Crypto follows tech stocks and behaves like that asset class. Ask yourself: How likely is it to see a prospering NASDAQ during times of rising interest rates?
The good times will eventually return - that happened with tech stocks after the dot-com-bubble, too. It just took a while ....
In the meantime we are probably better served with dividend stocks in "boring" sectors (company should have a history of consistently paying above average dividends!) and plenty of cash to take some opportunities along the way.
It never was. It was simply a theory (i.e., that crypto was a safe haven asset during a market crash or other economic calamity), which eventually disproven. The March 2020 market crash killed that theory for good.
Short term, it is a copy of the stonk, long term it isn't. People will always want and need a safe haven asset to cover their asses when poop hits the fan. Algos follow tech stonks, that's until Bitfinex shows up with their bids or asks and sends the market whichever direction they want.
If you spend enough time lurking in crypto communities you will have the manipulators hand you future market moves on a plate of gold. Lol, number 2 at Bitfinex leaderboard is literally telling people it is just a buy wall, the same buy wall that saved the market in July last year.
Good times are already here, money is made when the market is red.
Because they never liked the asset, they only liked the money they are getting out of it.I don’t understand why people panic when the asset they like to own becomes cheaper to buy
Fear and greed. When I first got into it I would sell hoping to buy lower. That combined with wrongly placed stop losses and overtrading-overleveraging were the formula for failure. Judging by what I see around, same mindset for all newbies.I don’t understand why people panic when the asset they like to own becomes cheaper to buy
I almost shifted totally from trading to just parking money in some LP's and getting high APY
I know the feeling lol, that works until your tokens drop by 200% or Justin and his friends dilute the apy to single digit numbers.
A poor copy of mister Kwon, seeing a repeat with Fitfi, 1-1 copy of GMT, place your bets sir.
That was well expected and the trick is to spot a ponzi early so you can profit from it. Ponzi schemes are the best investments!
Panic? There is no panic yet!I don’t understand why people panic when the asset they like to own becomes cheaper to buy
When panic hits these cryptos they will loose 80% in a week.
Understand that 99% of the people who invested in crypto do not care about it, except for its fiat performance.
@CyprusLawyer101 explained it better than any market analyst: People put their money into crypto because of the fiat they get out of it!
The entire market needs a cleansing. BTC back to 10k would be such a cleansing. Then the general population is out of the market and it can start rising once again. A bit like NASDAQ after the dot-com-bubble.
It is not the time for high risk investments.
Good dividend paying stocks of companies who consistently pay above-average dividends are currently the best bet. Forget about ESG critirea and you will find plenty of them with excellent valuations.
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you guys don't understand what is happening
first delevarging
secondly pushing price down in a timeframe where liquidity will be needed and where a lot of people will be forced to sell for cheap.....
Institutions are already waiting to buy under $20k maybe even $10k
first delevarging
secondly pushing price down in a timeframe where liquidity will be needed and where a lot of people will be forced to sell for cheap.....
Institutions are already waiting to buy under $20k maybe even $10k
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