Getting early 2018 top vibes!

[michellee]

The top price for bitcoin and ethereum and the other coins is on the way so we can hope that can happen before this end of the year or next year in Q1 or Q2. I am sure many scenarios that we can make related to this situation but we can only guess that without knowing what will happen later. I just want to prepare myself with all of the coins I have because I believe that some of that coins will reach the next ATH, including bitcoin, ethereum and BNB, while ethereum already gets the new ATH before.

So enjoy this moment while we can buy the dip for the coins that have the potential to rise higher. But be careful, there is no guarantee that this situation will continue so we need to prepare ourselves for the worst thing.

[1714730155]

1714730155

[adaseb]

So Elon Musk basically caused huge panic over the weekend about selling billions of his Tesla shares. People were expecting massive 20%> drop, and it dropped about 2-3%. The SP500 about to break to new high, Dow already broke, ETH broke new ATH and BTC about to break ATH pretty soon.

Does any of this make sense? It seems that people are throwing their money into anything these days , even way over-bought stocks like Tesla. Then you got more Tether prints this week.

There are many people who quit their jobs to go full time in stocks and crypto. You got inflation crazy high. Supply shortages on some items.

Honestly it can go either way. Can go to $250K or it can peak at $75K. Impossible to predict any markets these days. Its a coin flip.

[philipma1957]

its easy bro up 🆙 and away😊

no worries at all.

[adaseb]

So today I was eating at a restaurant. It wasn’t one of those fancy dark lite places but something like a Denny’s only slightly fancier. And sitting right next to me was some douchy looking dude wearing sun glasses, indoors. He is ever so cool.

Low and behold I look at his phone and I see he has Binance open. He is talking to his girl friend saying “When i get a signal I click Green to Buy and Red to Sell”.

He also said some douchy things like “Most people got real jobs but I just do this and make way more money”.

So obviously this is a top signal more or less. People without class basically quitting their jobs to trade crypto full time”.

Seems this is becoming almost a daily occurance, you are shopping and someone is talking about Dogecoin, or Shibacoin or Tesla, etc.

Not even during the peak 2017 did I run into so many people who are talking about trading. Way too many people are making too much money trading these days. This can’t end well.

[philipma1957]

So today I was eating at a restaurant. It wasn’t one of those fancy dark lite places but something like a Denny’s only slightly fancier. And sitting right next to me was some douchy looking dude wearing sun glasses, indoors. He is ever so cool.

Low and behold I look at his phone and I see he has Binance open. He is talking to his girl friend saying “When i get a signal I click Green to Buy and Red to Sell”.

He also said some douchy things like “Most people got real jobs but I just do this and make way more money”.

So obviously this is a top signal more or less. People without class basically quitting their jobs to trade crypto full time”.

Seems this is becoming almost a daily occurance, you are shopping and someone is talking about Dogecoin, or Shibacoin or Tesla, etc.

Not even during the peak 2017 did I run into so many people who are talking about trading. Way too many people are making too much money trading these days. This can’t end well.

We are not there yet.  Maybe in 8 months to a year.  Not right now.

[mikeywith]

Not even during the peak 2017 did I run into so many people who are talking about trading. Way too many people are making too much money trading these days. This can’t end well.

"The market can remain irrational longer than you can remain solvent.”.

I understand your concern but you need to be bullish in a bullish market like this one, there is only 1 peak and so many tops, every new ATH is more likely NOT the last rather than the opposite, it's really like betting on a ball that's spinning to stop in the next second, a spinning ball is always likely to keep spinning the next second unless you have the measures in place to actually stop it.

With that said, there is nothing wrong with taking some profit if you treat bitcoin as a short to med term investment, DCAing your way in and out of any market will usually be your best move in the long run.

[adaseb]

Giving this a bump. I actually forgot I created this topic. I made this on Oct 28th and we topped less than 2 weeks later on Nov 10th. Honestly I really believed we would have at least 1 more leg up, into the $70's range before dropping. I didn't expect $69K to be the actual top.

Reading the main post again, I can now see how the signs were obvious and hindsight is always 20/20. Especially when people were getting home equity lines of credits and using that money to buy crypto or people quitting their jobs to trade full time.

[Obito]

I wouldn't say it's 2018 vibes, pretty sure that there's something more to all of this happening, probably it's because crypto has gotten bigger already and people are starting to think that it's not that bad to consider getting in that's why we have those events happening, those kinds of things or any similar events didn't happen in 2018 so I am not sure how similar it is.

[bitterguy28]

I wouldn't say it's 2018 vibes, pretty sure that there's something more to all of this happening, probably it's because crypto has gotten bigger already and people are starting to think that it's not that bad to consider getting in that's why we have those events happening, those kinds of things or any similar events didn't happen in 2018 so I am not sure how similar it is.

Well you are questioning the legitimacy of 2017 Bull market as that is not a quality pump instead 2021 does? is this what you are pointing here mate? i may consider that same but as long as there is some kind of manipulation is happening i will also consider this as like what happened in 2018 in which after Bitcoin bullrunning then altcoin season comes.
but this year is different because altcoin is also dumping together with bitcoin not like before that even before 2017 ends the price of bitcoin starts to dump and early January altcoin season was born.

its easy bro up 🆙 and away😊

no worries at all.

This is the spirit we all  wanted to see posted , Thanks for this mate .