You mean Shitcoin?
Thank you GS and Ray.
This push COIN above 50-day SMA SQ is already above 50-day SMA.
IMHO, any stocks still not above 50-day SMA are subjected to liquidation, not a good sign.
I am HODLing my BTC and ETH. Noted that BTC bottomed out around $35k in this latest cycle, which was above its bottom of 29k in the last cycle (mid 2021). So BTC appears to still be in a rising trend…
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No point pointing this out if you have not bot some near this low. The secret of of buy n hold is ability to buy at the low price when Mr Market offer.
FOMO buyers like me buy when the price is high, not low. Because we don’t experience FOMO when the price is low. I know, it’s stupid, but true.
Only hope for me is to HODL and hope that it evil reach a new high above where I bought…
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That’s the reason to use DCA (should be forever) or scale in over a long period. Timing is hard.
Agreed, I did DCA into crypto hence my loss is not too bad. Comfortable to HODL
Bitcoin $10T market cap.
TSLA $10T market cap.
While Fed is shrinking money supply???
Brazil and Indonesia own the most crypto? So many people?
SMH