Paashaas
Legendary
 Offline
Activity: 3426
Merit: 4344
|
 |
May 23, 2021, 01:43:02 PM Merited by JayJuanGee (1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
In order to achieve higher forum ranks, you need both activity points and merit points.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
somac.
Legendary
Offline
Activity: 2056
Merit: 1188
Never selling
|
|
May 23, 2021, 01:45:25 PM |
|
Seems to be the going feeling of many right now. |
|
|
|
|
modrobert
Sr. Member
Offline
Activity: 355
Merit: 284
-"When the going gets weird, the weird turn pro."
|
|
|
|
|
|
|
bkbirge
|
|
May 23, 2021, 01:53:55 PM |
|
I wonder if anyone is still leveraged long at the moment? Getting back to the lows might trigger some more margin calls.
Order book is very lopsided again but that probably doesn't mean much.
Probably some traders that just bought the dip this last few days. Doubtful anyone that leverage bought in the 50's wasn't margin called. |
|
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
May 23, 2021, 02:01:26 PM |
|
|
|
|
|
|
shahzadafzal
Copper Member
Legendary
Offline
Activity: 1526
Merit: 2891
|
|
May 23, 2021, 02:08:44 PM |
|
|
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
May 23, 2021, 02:09:44 PM |
|
i swear that kind of slow bleeding is the worst, it's like someone plunging a knife in your flesh inch per inch
|
|
|
|
|
somac.
Legendary
Offline
Activity: 2056
Merit: 1188
Never selling
|
|
May 23, 2021, 02:11:37 PM |
|
i swear that kind of slow bleeding is the worst, it's like someone plunging a knife in your flesh inch per inch
Yeah, well a quick drop like we saw last week is like taking a bullet in the back. Take your pick on which is worse. |
|
|
|
|
goldkingcoiner
Legendary
Offline
Activity: 2044
Merit: 1678
Verified Bitcoin Hodler
|
|
May 23, 2021, 02:18:02 PM |
|
Do you guys remember when we were the newbies, panicking and falling apart everytime there was a huge dip and now its funny to watch the others while hodling calmly?
|
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
May 23, 2021, 02:21:59 PM |
|
well i'm not panicking i'm just bored because it doesn't even bounce anymore and i can't make a quick buck  time to retire (for the day) seems like accumulating to me, maybe rocket tomorrow |
|
|
|
|
somac.
Legendary
Offline
Activity: 2056
Merit: 1188
Never selling
|
|
May 23, 2021, 02:35:34 PM |
|
Do you guys remember when we were the newbies, panicking and falling apart everytime there was a huge dip and now its funny to watch the others while hodling calmly?
I'm not panicking, but pretty depressed by all of it. It just seems like it shouldn't be happening at this point in the cycle, but hey, maybe the cycle is not over yet. |
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2366
Merit: 4156
Addicted to HoDLing!
|
|
May 23, 2021, 02:39:14 PM |
|
Some unsolicited sage observations and advice from someone who has been through these BTC ups and downs many times:
1) China is the culprit that allows the whales with massive over-leverage to run during the bull stage. They don't say shit when the price is going up (of course not), but pull the rug with FUD when they are ready to short. It's all part of their game. They have done it before during prior bull runs, and they will most certainly do it again in the future. Controlling the majority of mining is also part of their game, so they are not going to "crackdown" on mining. That's completely BS.
2) If Bitcoin cannot hold a certain price for very long, then it was massively over-leveraged by whales and was not meant to be. Pay attention not to where it flies high, but where it lands and where it scrapes the bottom. It's current true SOV price is somewhere along that line.
3) Bitcoin's fundamentals and purpose never change from what they are, no matter the price.
4) Take comfort in knowing that new ATHs tell you where the price is going and will "be" someday, not where it will be now. Notice how old ATHs are eventually left completely in the dust. This new one will be no different than the others. Have extreme patience.
5) Your btc accumulation/holding strategy should be just like the goldbugs. If you are not DCA'ing in and holding through at least 2-3 halving cycles (if not forever), then you are doing it wrong. Short term thinking is mental weakness. If you can't handle it long term, get out now before anxiety overtakes you and you pull a MR.
+3 WOsMerits. Well said. Ain't selling a single sat. My new-coiner cousin bought his first 0.1 BTC @ $58k a couple of weeks ago, and now, instead of worrying, he just wired another $6,000 to buy the dip. Some of us ought to learn from him. I have some fiat ready to BTFD too, but just REALLY busy with work... +1 WOsMerit. Too funny! HoDL strong, brothers 'n' sisters of WO! |
|
|
|
|
somac.
Legendary
Offline
Activity: 2056
Merit: 1188
Never selling
|
|
May 23, 2021, 02:42:04 PM |
|
Some unsolicited sage observations and advice from someone who has been through these BTC ups and downs many times:
1) China is the culprit that allows the whales with massive over-leverage to run during the bull stage. They don't say shit when the price is going up (of course not), but pull the rug with FUD when they are ready to short. It's all part of their game. They have done it before during prior bull runs, and they will most certainly do it again in the future. Controlling the majority of mining is also part of their game, so they are not going to "crackdown" on mining. That's completely BS.
2) If Bitcoin cannot hold a certain price for very long, then it was massively over-leveraged by whales and was not meant to be. Pay attention not to where it flies high, but where it lands and where it scrapes the bottom. It's current true SOV price is somewhere along that line.
3) Bitcoin's fundamentals and purpose never change from what they are, no matter the price.
4) Take comfort in knowing that new ATHs tell you where the price is going and will "be" someday, not where it will be now. Notice how old ATHs are eventually left completely in the dust. This new one will be no different than the others. Have extreme patience.
5) Your btc accumulation/holding strategy should be just like the goldbugs. If you are not DCA'ing in and holding through at least 2-3 halving cycles (if not forever), then you are doing it wrong. Short term thinking is mental weakness. If you can't handle it long term, get out now before anxiety overtakes you and you pull a MR.
+3 WOsMerits. Well said. Ain't selling a single sat. My new-coiner cousin bought his first 0.1 BTC @ $58k a couple of weeks ago, and now, instead of worrying, he just wired another $6,000 to buy the dip. Some of us ought to learn from him. I have some fiat ready to BTFD too, but just REALLY busy with work... I get paid again this week. Will buy a little more then, same as always. |
|
|
|
|
luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
|
|
May 23, 2021, 02:54:50 PM |
|
word on the streets says RAJA bought back at 32k
|
|
|
|
|
Arriemoller
Legendary
Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
|
|
May 23, 2021, 02:57:11 PM |
|
Sunday dump again
Rainy and windy outside
I wish for a change
|
|
|
|
|
El duderino_
Legendary
 Online
Activity: 2506
Merit: 12035
BTC + Crossfit, living life.
|
|
May 23, 2021, 02:59:13 PM |
|
Do you guys remember when we were the newbies, panicking and falling apart everytime there was a huge dip and now its funny to watch the others while hodling calmly?
I'm not panicking, but pretty depressed by all of it. It just seems like it shouldn't be happening at this point in the cycle, but hey, maybe the cycle is not over yet. Everyone should stop comparing cycles imho... Should look to the NOW not history.... All bullish signs improvements, adoption etc.... We didn’t had these in the past, comparing ain’t the way.... |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
May 23, 2021, 03:01:35 PM |
|
|
|
|
|
|
El duderino_
Legendary
Online
Activity: 2506
Merit: 12035
BTC + Crossfit, living life.
|
|
May 23, 2021, 03:02:20 PM |
|
 Suarez so emotional |
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
May 23, 2021, 03:07:13 PM Merited by JayJuanGee (1) |
|
The fun part is that it will go up forever, Laura. Indeed, the lows indicate where the boundaries are on the downside. And fundamentally it is still a rather upwards affair when zooming out. It’s fascinating to see a market being liquidated like this at least 50% above ATH. As long as there are a few blokes who want to get out of the fiat system, price will bottom somewhere and go back up again. This coupled to the fact that monetary policy cannot go to ‘normal’ again ever, Worldwide  , we are still riding the fastest and strongest train out there. For freedom and prosperity  |
|
|
|
|
|
Poll
