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Are we in a kind of grueling punishment mode in which the shorts continue to get placed, but they keep getting punished?
The fence sitters and the "wating for the dippers" are getting punished too, no?
Well agreed, Bitcoin every month every day every week makes more new stories continue but do not say some predictions quickly, I see the news and share my opinions but I'm not market analysis.
You can still have opinions regarding either what you believe might be happening and if you might believe that there are certain kinds of ways of characterizing what may be our current BTC price dynamics situation.
Otherwise, if we have no opinions then why would we be here?
I recall that in some of my training in which I had to give reports to a boss. One of the main ingredients after providing the facts, the analysis and the various conclusions was to provide some kind of a recommendation regarding what to do.. Is it it a yes or a no, and surely there is no way to get away with a maybe since even a maybe would need to lean either one way or the other... because in the end there is frequently a need for some kind of action rather than just presentation of the information.
The same is likely true in life. Each of us are actors up[on the information that we share and analyze, and even if our recommendation might be "stay the course, and keep doing what you have been doing." then we are still accounting for what it was that we were doing and maybe why we should stay the course. Or maybe we might recommend: "stay the course, but if you see x, y z, then go to the right but if you see a, b or c then you better go to the left."
So my point is that some kind of recommendation is necessary in regards to any presentation of information.. so even if we provide a link to an article, we should easily be able to say I agree with this, this and that, but I think that the other thing is pure bullshit... There is some value in those kinds of presentations, whether you are merely in agreement with a lot of others or if you are sorting your own path, and probably many people have opinions that deviate a bit from the mainstream in one way or another, but who the hell is going to know unless you say something.
I remember when I first started posting on the forum, sometimes I would have an idea about a post, and then I would hesitate to say what I think about the topic, and then later I realized that even if someone ends up posting something similar to me, there usually are going to be some variations, so it's not like I need to read through the remainder of the posts before my opinion should be expressed.. and part of the benefits of just responding is that you have taken a stance.. even if someone later might end up posting something similar, which surely is not as common as many of us might have had believed it to be.
Other modes I do not agree with someone's advice that 'Process loan' and buy bitcoin. it's highly risky for investment in the fund.
Personally, I have no problem with using loans in order to speculate on something like BTC, and yeah it is a form of front-loading of the investment. One of the important things is to have ways to pay back the loan from sources other than BTC.. so that the repayment of the loan should not be dependent upon the thing that you are betting on.. otherwise you may well be fucked if the investment moves against you. So in other words, there is a need to be prepared for either price direction, even when taking a loan... and if you are not able to take the loss (if the BTC price were to move against you), then you should not take the loan... otherwise, if you have planned through it, then you can still take the loan even if it ends up costing you more than you would have had made in the event that you had just bought BTC regularly rather than front-loading your investment with a loan.
Free the tatas. It does feel like this. The market wants to go up over $40K but something is holding the line at $39K for dear life. I imagine it will break in time as there is clearly plenty of upward pressure on the price currently. I don’t think we spend another week below $39K. There is just too much demand at the moment.
Hasn't this been true about every $1k since $31k? or did we start at $32k? Anyhow, it seems that the last six weeks have been this way every thousand up has been a grind... at least so far.