That’s essentially gambling, we are real investors here.
sir if I wanted to be a real investors I be in the boomer market
I told you scalp trades right lmaoo in and out sir
Your accountant is gona shoot himself
Rather just wait for a larger drop and buy and then sell on a decent flip, not going to trade multiple times on this move
Where are we at boys

Bear trap or bull trap
this chart is worthless
@Lil_Neon_Baebows tried to mess around and plot in parrallel on a 500gb drive, figured if I timed it right it'd work out with the updates
the first one finished, but the second one is at 97%, except my f***ing whole drive is full. I go to delete what's not being used, and it says it's all in use currently. One plot has filled the entire drive now.
oh well though my adapter will be here saturday and I can start using the 4TB SSD I have
why
because markets have multiple waves in a cycle. if you have to ask where we are at right now and you have audacity to say "bear trap" phase on that chart like we're just now entering some kind of awareness phase and you're "ahead of the norm" seriously take a step back and realize what has been going on around you in the space for months.
Where are we at boys

Bear trap or bull trap
Looking like bull trap as there has been a lot of public talk the past couple of months. =(
And if it is a bull trap, there is always a huge rally back at least and I am banking on alts going nuts
Even when I sell my positions, I will always keep some eth and a few alts in case I am wrong so I can get some of the nice gains
Hoping I am wrong though
because markets have multiple waves in a cycle. if you have to ask where we are at right now and you have audacity to say "bear trap" phase on that chart like we're just now entering some kind of awareness phase and you're "ahead of the norm" seriously take a step back and realize what has been going on around you in the space for months.
I mean if we look back to 2017
the thing is, if btc is a trillion dollar market cap, we are nearing the end of these "4 year cycles". for an asset that mature theres literally no way for it to have 80% drops like in the past. deflationary assets should in theory appreciate on an s-curve. everyone who is calling for a particular month/price target "top" this cycle shouldn't expect the same type of price action this time around.
the thing is, if btc is a trillion dollar market cap, we are nearing the end of these "4 year cycles". for an asset that mature theres literally no way for it to have 80% drops like in the past. deflationary assets should in theory appreciate on an s-curve. everyone who is calling for a particular month/price target "top" this cycle shouldn't expect the same type of price action this time around.
interesting. thanks for the knowledge i'll keep that in mind
I mean if we look back to 2017
that btc price chart isn't on log scale tho so those "tiny" drops in months prior look small but are massive. so what was to say those weren't the "return to normal" phase of your chart? obviously hindset will tell us that, but in the moment that wasn't the case. the main problem with that chart is only 1 sell off when in reality there are multiple it doesnt just go straight up
interesting. thanks for the knowledge i'll keep that in mind
i truly think the only thing that could cause another "4 year bear market" for btc is a total global economic collapse
the thing is, if btc is a trillion dollar market cap, we are nearing the end of these "4 year cycles". for an asset that mature theres literally no way for it to have 80% drops like in the past. deflationary assets should in theory appreciate on an s-curve. everyone who is calling for a particular month/price target "top" this cycle shouldn't expect the same type of price action this time around.
1. I would still say this is still a 4 year cycle, 2009, 2013, 2017, 2021. Close enough
2. We saw an 85% drop last time, probably not as high this time, maybe 70-75% max. After 50-60% off or so, maybe a decent time to start dollar cost averaging in in to build a base and in case it doesn't drop as hard
3. This isn't a deflationary asset that has that much intrinsic value, you and I both know that. Sentiment and valuations change real quick, like we just saw
Regardless, it would be a dumb idea to sell at near a 25% drop.
There is always a chance its just another 30-35% correction and even if its the end, it will rally a bit before dying
@Lil_Neon_Baebows tried to mess around and plot in parrallel on a 500gb drive, figured if I timed it right it'd work out with the updates
the first one finished, but the second one is at 97%, except my f***ing whole drive is full. I go to delete what's not being used, and it says it's all in use currently. One plot has filled the entire drive now.
oh well though my adapter will be here saturday and I can start using the 4TB SSD I have
damn yeah you can only do 1 at a time on 512gb it's close I thought it would work also and did the same s*** last night lol
the 512gb ones are good to RAID 0 though and can run 3 in parallel with 2
damn yeah you can only do 1 at a time on 512gb it's close I thought it would work also and did the same s*** last night lol
the 512gb ones are good to RAID 0 though and can run 3 in parallel with 2
lol ya when I read the amount of temp storage got reduced to ~260 I thought if I timed it right and delayed it til it was half done, I could make it work. When the first one was finished I thought I found the right timing spot but yeah the second ones just wonky.
Wish it would've stopped at 50% though, been trying to f*** around at 97% to get that finished but no luck. It's just that one plot taking up the whole drive going no where.
1. I would still say this is still a 4 year cycle, 2009, 2013, 2017, 2021. Close enough
2. We saw an 85% drop last time, probably not as high this time, maybe 70-75% max. After 50-60% off or so, maybe a decent time to start dollar cost averaging in in to build a base and in case it doesn't drop as hard
3. This isn't a deflationary asset that has that much intrinsic value, you and I both know that. Sentiment and valuations change real quick, like we just saw
Regardless, it would be a dumb idea to sell at near a 25% drop.
There is always a chance its just another 30-35% correction and even if its the end, it will rally a bit before dying
im saying whatever cycle we're in, by the time it's "over" whenever that is it won't fit in that 4 year cycle category. im not gonna sit here and just say institutional investment is my case, but we have definitive action now thru not only companies purchasing btc directly in the billions of dollars with cash reserves to quickly buy up in large quantities dips whenever they please. also apart from that massive amounts of platforms that are non-crypto native like paypal, venmo, cashapp, etc with millions of users integrating direct purchasing of crypto into their platforms means its truly at finger click away at any moment. if this is the "top" i think anything below 30k would get eaten up immediately in large quantities and we'd just slowly move up for a few months back to where we're at now.
Where are we at boys

Bear trap or bull trap
For me it’s first sell off
Oh hell na, you need to have eth or btc at least in case things go down. Good on selling those at least if you weren't comfortable
My majority position is eth
But alts did so well that they became like 1/2 my portfolio
You can decide now if you want to wait until a bear market or buy some back and keep some profits.
Well I kept all profits when I sold lol. They skyrocketed and I made peace with potentially losing out on more.
think we get a quick bounce sometime in the next week around 45k. slowly move back up to 60-65k levels by mid june. send to new levels and pop fireworks while watching joey chestnut the goat slam 80 dogs in 10 minutes by july 4 baby. quote me when o***** reached
no cap how bullish is it gonna be when joey breaks his last years 75 hot dog record and btc simultaneously tops 75k to whatever number he hits
you mean to tell me everyone in here didnt buy CXC today and became millionaires in one day?