FUD is good. FUD is needed. FUD is fuel. Because most of the serious investors are waiting for dips to buy. So when they buy a dip it leaves the panic sellers nowhere to rebuy than a higher price than before the FUD even started. For every red candle there is two green candles. But without the red candles itll just stagnate.
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haha. usually exchanges love 'too much activity' = more fees
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Since Satoshi is still presumably alive, I wonder why he doesn't swing by every now and then to update us on what his vision is himself.
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That's your inner beara, Tera.
Before I traded crypto, the first thing I traded was penny stocks, and all the charts looked like this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FfTOH3FB.png&t=663&c=OjLv5taGB19qHw)
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Actually I have to be at least 20% bitcoin at all times, with some in a cold storage wallet that I never touch. That is my max bear position. This saved my ass.
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I did sell doge way too soon but I still made a 125% profit and that was before factoring in all the leverage
Im much better at buying than selling. I typically buy bitcoin and altcoins at their exact bottom in a crash. For instance I bought at $55 in the 2013 crash right in front of a bunch of 10K walls that didnt break. But then I sell way to early.
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Unless this is a double top, I resign from BTC/USD speculation
Double top? You should know, at this time, that such double tops wont work with the honey badger. Except the one in 2013?
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I guess I have come to accept that a bitcoin crash is not just going to come by itself without a trigger such as a failing major exchange or another government action.
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Anything positive you can say about bitcoin now, they were probably saying about dotcoms and 'internet technology' in the 90s. They probably invented the word FUD too. Theyre similar in that they are both two revolutionary technologies and that they got a huge craze of investors at one point that went way ahead of the actual adoption, which eventually grew to meet those prices but not for 5-10 more years
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I think that buying such cheap coins blindly would not benefit all the time.More probability is that they could crash.Instead,if they do analysis and find the most under valued coin and invest in it,that would yield much profit.
I've always believed in investing in the fundamentals and positive potential of a coin/company. It has worked out thus far, but sometimes it gets annoying when you see someone put money into something blindly and get a 20x return lol. I do a combination of holding things with potential and trading things both with and without potential. For instance I tripled my coins trading dogecoin just because I saw it breaking the ichimoku cloud. But now I'm out and no longer holding dogecoins...
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Unless this is a double top, I resign from BTC/USD speculation
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The process of getting money into and out of bitcoin is too difficult for something in the real world in real time like a holiday to effect it. Bitcoin is completely disconnected with the rest of the world. It dropped exactly as expected after both futures markets opened because thats what the pump was about. Later on I observed long periods of lag and jagged low volume on bitfinex that went on and off - and bitfinex was as much as $1500 below other exchanges.
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The drop was caused by dissapointment with the volume in the futures trading, followed by issues with bitfinex.
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I was freed. I no longer to worry about financies and no longer have to work for a company and do someone elses project on their schedule in their sick building with their structure. Now I can do whatever project I am truly passionate about on my own time in my own way - and maybe become a great entreprenuer, hopefully with something besides just more daytrading. I really needed this because I was very ill this year and needed a break. I also got some family members in and made them some decent profits. I was called 'santa this year'.
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The government is currently first working behind the scenes to try to create media diversions away from bitcoin and to try to invent technology that will be able to block bitcoin before they just come and outright ban bitcoin - which wouldnt look very good on whatever political party did that.
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We should start calling them cycles instead of bubbles, it would be less controversial. But right now we are at the top of a cycle where bitcoin gets way overbought to media, traders, and margin. That's not to say underlying bitcoin isn't growing fast but it's not growing at 2000% per year - it's more like 400% per year, so were way above the mean and will eventually have to deflate to meet the mean or even go below the mean if there is a bunch of FUD and exchanges go down etc.
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One day alts go with btc. The next day alts go against btc. I dont get it.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fsc4jzt1.png&t=663&c=q9RhRnqTgYYZ8A) I keep seeing this everywhere. What is this crap. What the heck does this frog have to do with crypto?
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it was 2 years between cycle 1 and cycle 2 and then 4 years between cycle 2 and cycle 3. i dont think cycle 4 will happen for at least another 4 years and maybe longer.
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