Me too. I got in a little bit but I think I’ll continue to accumulate on dips and build a larger position.
Hot liberal doesn’t like crypto.
HOOD is at it again.
I do not even have a crypto account and Warren is at work already.
Flash crash crypto! Got out 50% Friday last week and got out 75% of rest last night (very lucky to get out again). Started to buy the dip but slowly. I think it will range for a bit before the final blowoff top if it happens so I do expect lower price in coming days/weeks.
Glad you got out!
this is sort of good news for dawdlers like me. I am going to BTFD slowly as well now.
what’s your new PT to get out? 4372?
I don’t understand why you pawns like being manipulated by the whales in this Ponzi scheme. The golden rule. Those who have the gold make the rules.
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Welcome to #Bitcoin #ElSalvador. Your national “currency” just lost over 15% of its purchasing power in under an hour. Get use to it. Just another perfectly orchestrated pump-and-dump by the Bitcoin whales. Too bad this time they had to sacrifice an entire nation to pull it off!
Will have to see if it breaks the 4000-4300 range. If it does, it might go parabolic and PT will be tbd.
Too many acronyms. What is BTFD and PT?
buy the fucking dip and price target
STFR YOLO
I am really having a tough time understanding any fundamental value / drive that pushes these prices up. Always get a feel that this is a pump and dump. Is there any incentive for any government to latch onto any crypto (or create a dollar equivalent crypto that is federally backed)? If anything like that shows up that will be the end of deregulated crypto.
Two cycle guys I follow nailed it. One of them expected 40-45k shakeout and this is the other one. I thinks he’s right in that after a flash dip like today, it’s rarely the lowest of the cycle low. He’s talking about the 60 days cycle which is coming to an end before another one resumes.
I don’t have any crypto. I have COIN but don’t feel like adding.
All these reports feel like trying to predict a trend when none exists.
What is the fundamental behind all this? If one cannot explain this, it is just riding the waves, and trying to be smart about when to enter and exit – as long as there is wave, and you are mostly right in predicting the direction without a lot of downside there is some fun to be had.
I don’t know about BTC but ETH has some exciting stuff going on. Check Vitalik AMA below,
So he says it’s going down more before next bull run?
Yes, but it’s his intuition and anything can happen. Cycle waves have been pretty good with crypto so maybe he’s right again. I’m 80% cash in my crypto accounts for now. I think mid cycle ends mid September according to his model so I’ll be patient with averaging in the buys.