Don't do it!!!!!
Either next we are going up or we are going down, there is no third choice.
I will grant you that sideways is less likely, but it is also not zero.
So there is that.
Also, what timeframe are we talking when saying "next?"
A week?
A month?
3 months?
6 months?
12 months?
18 months?
36 months?
48 months?
or longer?
Many time I talk about new buys having a minimum of a 4 year timeline.. and for sure many of us have been in bitcoin for way more than 48 months, so we have coins that have various prices, and the coins we bought in recent times are not doing too well, yet the coins from more than 60 months ago? or would it be more than 72 months ago? Some of the coins are doing well, and if we have blended costs for our coins, but they are mostly older than 48 months, then we may well be doing well too, except some guys might be suffering more than others, psychologically.
I am not claiming to be imunned from psychological trauma related to downity... that's for sure. Good thing that I conceded that we are in a bear market in around January/Febuary - ish.. so that might help. Acceptance.
Even though my stash used to be worth 126x of its costs,
now it is ONLY worth 61x of its costs...
Poor widdo ole me.
I might need a meme to better express my poor widdo selfie?
I have a sizable buy that is very close to triggering. And another, larger one, further down. I won't cry no tears if the second one doesn't trigger. But if it does, it'll be a whole bunch of sats going into my stack.
The worst would be if it is just dollars away from filling and then it reverses. It happens to me sometimes, yet my orders tend to be smaller and more frequent. I had about 1/3 of my orders in the lower $59k fill, but then after that I have one more $2k down and then they start to become $1,500 increments until $43k, then they become $1,250 increments.. Please.. no more buy orders fill.
#pleading for a friend[edited out]
If upside cycles are flattening, downside drops will flatten too. Expecting a 70-80% crash now ignores the same institutional liquidity we just talked about. Old retail rules are breaking on both sides.
Markets look insane right now because we are watching a global asset mature in real time through macro noise and attacks. The noise changes, but the long term thesis stays the same.
Right now, we have a so far bottom of $59,100 that is about 53% below our ATH, which yeah, it is irritating, but it might still not be enough to satisfy the manipulating twats, to shake out larger quantities of weak hands and/or whatever other motivations that the beartwats have to get the price down as far as possible and to keep it down as long as possible.
Of course, they are after Saylor/MSTR, which seems a bit of wishful thinking, even though Saylor/MSTR seems to have had done a few pretty dumb things in recent times.
Any more tourists to cleanse?
Is this the beginning of the new bitcoin bull, bull, bull? Or does fiat exchange number need to go to 29xxx over 6 months for cycle prophet reasons?
Maybe not 29k in 6 months, but 50k-55k in a slightly shorter time as suggested by our nastiest gentleman? Personally, I see the 50-55 scenario as more likely than the slow death grind to 29, but if I had a working crystal ball I probably wouldn't be posting here right now...
yeah 48k 49k 50k 51k all seem sure to happen
a diff of under 100th = mortal lock
the pain is deep. I am pushing 70 can't keep doing this shit.I am drinking som nice tequila right not it helps
and the beach was nice today.
I kind of hate to be the bearer of bad news again..
but... here goes....
Part of the reason that I suggest that bitcoin has an investment timeline of 4-10 years or longer is because it can be quite challenging to try to get in and out of bitcoin in less than 4 years, so frequently any new purchase should have at least a 4 year timeline, even if you have some older coins..
Of course, I am a layperson too.. .. so even though I frequently preach 4-10 years or longer, I also preach that there are no guarantees that the UPpity trend will continue, even though it has done a pretty good job so far (and even though when the price is correcting, proclaiming that bitcoin has done a "pretty good job so far" does not tend to be reassuring.
I don't have any problems with her presentation style and the various substantive points that she is making in her 30-minute presentation (discussion).
Of course, there is a certain attempt to appeal to a broad base of consumers, and not just investors..
Poll
