Bill Cypher's avatar
Bill Cypher bill@nostrplebs.com 2 months ago
Bitcoin loans in the 3rd green year. This can only end poorly. Except for the people calling in over extended loans collecting all those sats during the bear market, works great for them. I can't be the only person to notice no one was launching Bitcoin loan products at $20k last bear. Just at $60k last bull and now again at $120k this bull. December launch right at the top incoming.
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Replies (4)

The Bulgarian Pork Whistle's avatar
The Bulgarian Pork Whistle 2 months ago
If you think we are in a bull market you are delusional. Measure from ATH to ATH in each cycle to truly work out if it’s a bear or a bull. 2013 - 2017: $1,000 to $20,000 🐂 (20 x) 2017 - 2021: $20,000 to $69,000 🐂 (3.5 x) 2021 - 2025: $69,000 to $108,000 🐻 (1.6 x) A 1.6x over 4 years (2021 ATH to NOW) is bearish as fuck.
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Bill Cypher's avatar
Bill Cypher bill@nostrplebs.com 2 months ago
If you wanna gamble your sats go ahead. The entire point of my post is that I don't. Not that it will go up and not that it will go down. I buy sats and put them in cold storage. Simple, dumb, effective, safe.
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