Looks like everyone is starting to enjoy this little relief rally.
$69,420 still in play.
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Replies (22)
It’s all so tiresome
I cannot wait for traders to get completely smoked…
Just one massive green candle one time please 🙏
$100k-108k will be epic bull trap.
lol ok Sampson Mow god candle incoming
Your out here calling for a $25k pullback after we already had a $40k drop lol
Would prefer we just got steady growth upwards but if it takes a massive Samson mow god candle to wipe out the shitheads that think they can time this market I am all for it
Yea it’s called a bear market ignoring it won’t make it go away.
Sure but markets aren’t driven by your preferences.
😂
🤣
So what would you recommend?
I should sell all my bitcoin right now (have to pay capital gains taxes) and then try to buy back more later? So stupid…
This trading mindset is a self fulfilling prophecy and why we have this bullshit price action all the time.
Again I am just patiently waiting for every shitcoin trader to get wiped out while I stay humble and stack sats
I’m not recommending anything. I’m just stating what I see you are free to ignore it. At the very least it would be prudent to have some cash reserves for a real dip.
I live on a bitcoin standard lol
I keep the bare minimum cash to pay monthly bills and sell bitcoin when I need to
Again this idea of keeping cash reserves for a real dip is a trader mindset and is retarded IMO but to each their own
Until it no longer works out for you and you have zero bitcoin at the end of the day
Having no cash is retarded because when your car breaks down or water tank needs replaced you need to sell at a loss to pay for when shit happens.
If you get paid in fiat and pay your bills in fiat you are not living a bitcoin standard. A bitcoin standard would be getting paid in bitcoin and paying all your bills directly in bitcoin ie. receiver accepts bitcoin for payment. Not just converting to and from fiat that is a fiat standard.
lol I would never sell all my Bitcoin that would be stupid.
Keep trying to time the market and trade.
Can bet that you will end up with less bitcoin than if you just stacked sats consistently.
Provide value to society and earn more than you spend. Save excess in bitcoin.
Trading provides zero value to society
🤣
I guess we have a different interpretation of living on a bitcoin standard.
I earn and spend fiat (if I can pay in bitcoin I do so) and save in bitcoin. If my car breaks down and I need to repair it that can hopefully be covered with my monthly income. If not I will sell bitcoin that I saved and it most likely will not be at a loss because I have been doing this for over 4 years
Your version of a bitcoin standard is unrealistic in today’s world. Meanwhile you are sitting here trying to time a market to maximize fiat gains 🤣
I track it so I know my performance.
It’s same with the efficient market theorists that think no one can outperform the market. It simply isn’t true.
I do all of them I earn, save, invest/trade.
Look it’s cute being in your first 4 year cycle thinking you got it all figured out. I measure my gains in sats bud you have no idea. I’ve literally done all you’ve talked about in my first cycle too you aren’t breaking any new ground here with any of your points.
It’s my third but ok…
Great me too, do what works for you I’ll do what works for me.
🫂
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