CORRECTION WAS NECESSARY TO SHAKE OUT DEGEN TRADERS AND WEAK HANDS BEFORE NEXT LEG UP. DO NOT LET SHORT TERM PRICE MOVEMENTS DISTRACT FROM BIGGER PICTURE. STAY HUMBLE AND STACK. 🫡

Replies (30)

Love the constant reminders Odell. We cant be shaken out when we have these facts to remind us. Work For ₿itcoin and ₿itcoin Works For You (W₿₿Y)
Bayman11771's avatar
Bayman11771 2 years ago
If you have conviction on a core thesis, these drawdowns are gifts to buyers. My father is a long-retired Wall Street vet, and always told me - if you like something at X price, you should love it at X minus 10%.
I liked Bitcoin at 69k, I also liked it at 16k. I don’t understand how people aren’t numb yet. 44k -> 41k is daily volatility. Basically a rounding error.
MBE's avatar
MBE 2 years ago
Why do you even feel the need to post this?
I don't know how to make this happen, but if 12 hours plus and minus new year's eve the price stayed at 3700 USD I would be most grateful :)
Fede's avatar
Fede 2 years ago
Only thing I hear about is ETFs and price. Adam Back is posting green candles every day on X. Bitcoin Amsterdam was a joke. No new conversation points on how to improve the network. Idk man... Happy for u if the price goes up I guess, but I'm definitely not impressed with development.
Shut up! It's going back to hang out in the low 30's until the halving. It has to. That's the only way I'm going to meet my stacking goals for this cycle.
snowflake's avatar
snowflake 2 years ago
Best strategy to increase value of you bitcoin is to reduce available supply Cold storage your bitcoins, do not sell any until end of 2024 and if possible buy more Law of supply and demand will work for your benefit
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nobody 2 years ago
It pumped hard for a week from demand, while big institutional investors, Elizabeth Warren and cheesedick Gensler stuffed their bags while they could still do so while maintaining some credibility as asset managers or regulators