I cashed out my entire (pretty significant) initial investment going back to 2017 last weekend and now have a portfolio several times larger than that of pure profit. I can’t lose. If we get the pump people expect over the rest of this year will go up significantly more. If it doesn’t I’ve lost...
Here is a possible worst case scenario imo if the top is actually already in. Could see a retrace to the $22k area and then a climb back up for next cycle. Whatever happens now is the time for maximum risk management.
https://twitter.com/davthewave/status/1385456234703167495?s=21
I think we are going to see a bit of a weekend pump, and then go lower in the week. I just think we’ll see 44 or lower. Am actually tempted to take more of my profit out if weekend pump occurs.
Higher time frame though I’m confident we will bounce and see a final parabolic pump before the...
Yes should be. The guy that posted this chart on Twitter is a bonafide technical analysis genius and this is what he's expecting.
https://twitter.com/Anbessa100/status/1385525813232246784?s=20
The big correction is in, looks like triggered by Biden raising CGT in the US. If you’ve been taking profits at the top I’m expecting $44k (weekly 21 ema) to be the area that holds before the rise to Valhalla, after that 41, if we go below 38 then it will get really ugly and we’ll have probably...
Bitcoin price
A reminder to never over extend and also apply risk management on trades. Futures are actually illegal in Uk now but weirdly I noticed my binance account still allows it.
Few people talking about VET here. I’ve just sold 85% of my position. I brought it end of Jan and am in 455% profit so would rather cycle that back into coins that are starting new runs or have had big dips and am going to also take out some £ to enjoy.
Now available to all US PayPal users. How long till it’s available here? The one flaw for me is that you incur capital gains tax on BTC purchases if you are in good profit on your position.
I have to say the whole NFT thing blows my mind but just seeing my kids play PS5 and the value they place on worthless shit in a game is a real insight on where that world is heading.
Cycles and the mathematical code of the universe have applied to almost all financial systems (and many other things) for all measurable time. When something revolutionary replaces something old its the end of one cylce and the start of another.
As for blockchain being a break from...
Did the system in the Big Short die? I still seem to see people taking out mortgages and house prices rising. They just timed the cycle top. There is a massive pattern. Did the internet die when the dot com bubble burst? Of course it didnt, it was just part of a cycle that saw many...
When btc crashed 90% in 2018 it was likened to the dot com bubble burst.
When btc crashes from $100k back to $20/30k again later this year or in 2022 in will be likened to the dot com bubble burst.
When btc crashes from... in 2025 it will be compared.
You see the pattern?
Its a possibility although any correction likely to be short lived. If you can deal with the emotion sometimes just better to ride the waves until we're at the proper cycle top. If id sat on my hands rather than trying to time exits and re entries id 100% have more crypto than I do today...
Bitcoin price
I’d say Binance is probably your best bet. Has a really large coverage of major alt coins. Also allows purchase direct from £ and exchange back to GBP via your card.