Is it true that institutional investors are more influential in the market today when there are no more retail traders in the market? because it looks like a special role and according to someone named Michael Safai said that they are now playing chess and even played chess two years ago through crypto trading of more than $1.2 trillion put in through his company.
Source:
What is "crypto trading"?
Would any of us here be interested in such a thing, if it were to be real?
I do not mind using the opportunity of BTC price fluctuation. Though I do not want to sell all of my bitcoin but a very small amount can be sold in a bull run to rebuy more BTC with that same money. If I had to take a small risk to increase my portfolio then why not. It's all about filling your bag with more bitcoin afterward.
If you are talking about getting into and out of bitcoin from fiat (such as the dollar or even some other kind of fiat), then that all seems largely relevant to this thread, but if you are fucking around with a variety of other shitcoins, and then suggesting that your discussion of the various ways that you are fucking around with various shitcoins is somehow relevant to this thread, then I might suggest that you are a looney or that you are trying to divert us from the topic of this thread....
I will suggest that this thread is not intended to be about the various ways that you can increase e your BTC stash, .. especially when you end up devolving into nonsense irrelevant references and /or discussions of various shitcoins.. How the fuck many shitcoins are there"? like 20k? fuck that. No need to devolve into the discussion of shitcoins in this thread.. take those kinds of mostly irrelevant references to other threads or other forums.. in that regard, I will suggest that we don't gots no time for vague references to 20k shitcoins, here.
Observing $19,433 & twiddling my thumbs during an expected, long term boring crab market. I wish bitcoin would break up hard or even in the opposite direction so I can gobble up loads of cheap coins (obviously preference is up).
Good..
good
goood.
[rubbing hands together]at least your preference is up.... That's good.
It’s just, the current price does nothing for any of us. There is no way I am selling a single satoshi at this price. I have bought a big % of what I sold in 2021 back already but I am sitting on a pile of fiat now, unwilling to buy more. It either dumps to make me buy more or I keep that fiat.
To some extent, even though you are framing your state of mind as a kind of boredom and frustration with stagnancy, it's a good position to be in. Nonetheless, I can also relate to some of the frustration of having a consolidation range in which there is quite a bit of frustration to sell any BTC at these prices because we are at historically low levels in terms of spending so much time below the 200-week moving average rather than being able to stay above the 200-week moving average.
So any way yeah, just willing bitcoin to do SOMETHING so I can do something positive
Just do something anyhow.. make a little drama to mess things up.. so that you have something to fix afterwards. For example, you are in a state of kind of stability, but you want movement, put on a leverage long and a leverage short to up the game, and then once one of them fills or you get reckt in the other or both, then you will have repairs to make.
Personally, I can try to live with boredom.. .. but there are likely ways to cause yourself to take action in order that smaller changes in the BTC price will cause counter-action and then you are still prepared for either price direction, except that you end up not needing as much price movement in order to trigger action.. profits in either direction... and maybe it is slippery slope into shitcoins.. and then I will be sorry that I suggested that you cause your investment to become more active than it's current state of seeming stagnancy.
Feels like we’ve been stuck between $18,000 & $23,500 for ages.
We have.
More than four fucking months of largely being below the 200-week moving average.
This is not unexpected though, the way it should go if we are repeating past cycles is, one more dump, an awful capitulation to about $12,000 to $14,000 which causes suicidal thoughts & more mindrust’s.
In retrospect, we can see reasons regarding how we got here and how we could end up experiencing those further outrageous scenarios that you outline; however, there is a certain level of unexpectedness in terms of the outrageousness that we have already experienced and the level of degenerate gambling that had been taking place in the bitcoin space and connected with the bitcoin space... So even though we are in a state of outrageousness currently, we can identify some facts that both brought us here and explain (to some extent) why we are still here and suffering from decent chances that worse might still come.. but it also might not come.. .. I doubt that we can really confidently proclaim that we have to get one more dump before up, and we might not even be cured of our downity.. merely if we were able to experience one more down, then that would not necessarily mean that we bounce back into any kind of expected cycle...
Sure, we have to be prepared for either way, but sometimes down before up may well end up being down before more down... and we are already in a pretty down place (historically speaking).. so fuck that need for down before up, even though it is possible that we could get down before up.. but it might not work out that way.. I would rather get either flat before up or just skip both the down before up and skip the flat before up and just get some up before more up.. but that is surely too optimistic, right? We can all agree that up before more up is not a very likely scenario at the present time... even though any of the scenarios are within the realm of various ways that this "bad boy" could play out.
Mainstream media says it’s over, everybody thinks we’re going to $0. This is what forms cycle bottoms, could happen between now & mid 2023. Then we start to slowly climb up, maybe reach the halving in mid 2024 at $30,000 to $40,000. Still boring but with a slight upwards trajectory we plod to the end of 2024. 2025 comes & we start to break upwards, memes & green dildos everywhere we see a new ATH. Couple of pullbacks mid 2025 but then we power to over $150,000 by the end of 2025 as the cycle top & then the cycle starts all over again.
Sure. It could happen like that. Right at this moment, don't feel like I have any better or more probable scenario to outline... but your scenario is a wee bit depressing.. even though it has built in optimism too because who can really complain about the price going up... the punchline with that particular scenario is that the BTC price is going to go up.. even if it might go down first.
Are you ready?
If you can label it as ready, I am not planning to make any radical moves either, and I currently have buy orders down to $13k-ish.. even though it would suck for them to get filled.. .. but what else can any of us do? If bitcoin is a kind of hedge and we have value in bitcoin and we have value in some other kinds of assets, but it still seems that bitcoin is amongst the most promising of them... I am not feeling any kind of compelling need to lock up any of my value in those kinds of bond dollars, merely to get yield.. and sure having some property can be o.k.... and some folks are putting some of their resources into Armageddon preparations.. and there might be some questions regarding the extent to which bitcoin would be helpful in Armageddon scenarios....
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