Topic: Be *very* careful (Read 3410 times)
^^^ exactly. they know its coming, and have been getting ready for a while. they're going to be sitting pretty during the rally while the masses panic buy it to the sky trying to catch up
Having been here for all of bitcoin rallies, I can see a pattern emerging. Pattern of time periods in bitcoin price history when you never know if todays price level will happen again, ever. Before last month, we all are lulled to believe that we will see $400 again and again and again, well, not anymore. Call that intuition or blind guessing, but be very careful when exiting bitcoin positions now, even partially - you may have no choice but to re-enter higher or much higher later. If you feel the urge to play short-term speculation, sell after spikes up and re-buy at the nearest correction, but try to avoid risking much at that; whatever you do, do not go to bed while in fiat.
You have been warned
You have been warned
I must say I feel it too.
It feels VERY much like last fall. First hedge fund opening next month. ETF basically all but approved (could be okayed any day now). NY regulations and guidance coming out by end of month.
Smart money will get in BEFORE everything hits. I think we will start to see accumulation that starts to slowly move the market within the next 2 months.
I dont think ANYBODY really wants to sell in this climate, except those miners who must to pay the bills.
I really think smart money is going to get out in front of this next wave, because smart money is going to basically create this next wave with the funds.
Be greedy when everyone is fearful. Be a bear when everyone is a bull.
Be a broke bear when everyone is a bull
I see enough doubters even on this forum to make for a healthy rally. And if you count all doubters from outside this little community, all the people who now say "bitcoin meh" or "$10 by June", you can see the huge potential which is not yet untapped! All it takes to ignite the rocket is a match, and we can't predict at this point when or what would serve as one.Even MatTheCat got out of his manbear cave to participate in the action. Or in another futile attempt to quote me when we go to new lows
Which he knows will not happen but keeps trying. sr. member
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Be greedy when everyone is fearful. Be a bear when everyone is a bull.
You are the first one to discover that
Seriously, normally that might be the case but now this forum doesn't mean anything because lots of fresh fiat is coming to bitcoin ecosystem.but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong.
No you are remembering correctly.....
......but u know what they say about stopped clocks n all that.....
I feel like we are sitting on the top of a volcano building up to eruption, and the feeling is getting stronger by the day. To much sweet news lately. Buying more.
You live in Yellowstone?
I feel like we are sitting on the top of a volcano building up to eruption, and the feeling is getting stronger by the day. To much sweet news lately. Buying more.
Be greedy when everyone is fearful. Be a bear when everyone is a bull.
You are the first one to discover that
Seriously, normally that might be the case but now this forum doesn't mean anything because lots of fresh fiat is coming to bitcoin ecosystem.
Be greedy when everyone is fearful. Be a bear when everyone is a bull.
I agree piramida. I feel much safer sleeping in coins right now, than worrying about some silly dip that turns into a major bear trap right before takeoff. You never know, takeoff could be months from now, or it literally could be tomorrow morning.
I think people that bought just after the bottom are much more skittish right now, than people who have been holding for the last 4+ months.
Another big tipoff for me to go all in? All the bulls, the bears and the trolls disappeared from this board since the SR auction. That leads me to believe that all 3 camps are ALL IN at this point, with nothing left to talk about!
I think people that bought just after the bottom are much more skittish right now, than people who have been holding for the last 4+ months.
Another big tipoff for me to go all in? All the bulls, the bears and the trolls disappeared from this board since the SR auction. That leads me to believe that all 3 camps are ALL IN at this point, with nothing left to talk about!
If that is true that is actually a bad sign - we need somebody to panic buy to go substantially up
It's not current all-in bitcoiners that cause a substantial rise. It's the early quitters, the fence sitters, and the brand new panic buying newbies that outnumber existing bitcoiners by 10X factor that jump in at the 11th hour. That's what causes a bubble.
There's loads of things that could each cause a bubble on their own in the right situation.
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
Yeah, it seems that "old believers" can drive price only so far. We either need "fresh fiat" windjc used to preach, or way for believers to invest their 401b in btc, too. ETFs, more hedge funds and US based exchanges should help a lot.
Yes. Exactly. That is what "adoption" means. New money, new users, new investors, more wealth transfer. And that is what is coming!
BTW - completely agree with OP. A very dangerous time to be playing games with fiat. Now is the time to make your bet on BTC (if you see the long-term value) and stick with it - at least until the next peak. Bitcoin's history (been through 3 bubbles) is strewn with regrets of early adopters who thought they could time the market, and ended up missing massive run-ups. Never to recover. Bitcoin may only have 2 or 3 order of magnitude run-ups to go. Don't miss one. Like piramida, just friendly advice for those who are open to hear.
Careful ? you mean careful on wasting our inumerable, countless, incalculable quantity of money after Bitcoin get sky rocket right? ..
whatever you do, do not go to bed while in fiat.
I think you've got that the wrong way roundNo he does not. I agree with piramida this is an extremely dangerous time to be a bit bear.
There's loads of things that could each cause a bubble on their own in the right situation.
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
Yeah, it seems that "old believers" can drive price only so far. We either need "fresh fiat" windjc used to preach, or way for believers to invest their 401b in btc, too. ETFs, more hedge funds and US based exchanges should help a lot.
There's loads of things that could each cause a bubble on their own in the right situation.
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
The ETF
The hedgefund(s)
The geopolitical risks
The credit crisis
The potential for more/not stopping stimulus in USA/China
what are you saying, bubble coming? seems everyone thinks that. makes me nervous (being in coin)...
+1
Bitcoin has been prone to burn people who think they are going to get out then get back in ever since I've been watching it. Long slow inclines leading up to a the next pop, then a decline which is nowhere near the last state. I have to guess that many many people who thought they would be clever and significantly liquidate are sitting around crying many years after the fact. Thankfully for me I never had big balls when it came to playing these games, and also it made me feel like a chump to support the habits of those running exchanges by paying their exchange fees.
I agree piramida. I feel much safer sleeping in coins right now, than worrying about some silly dip that turns into a major bear trap right before takeoff. You never know, takeoff could be months from now, or it literally could be tomorrow morning.
I think people that bought just after the bottom are much more skittish right now, than people who have been holding for the last 4+ months.
Another big tipoff for me to go all in? All the bulls, the bears and the trolls disappeared from this board since the SR auction. That leads me to believe that all 3 camps are ALL IN at this point, with nothing left to talk about!
I think people that bought just after the bottom are much more skittish right now, than people who have been holding for the last 4+ months.
Another big tipoff for me to go all in? All the bulls, the bears and the trolls disappeared from this board since the SR auction. That leads me to believe that all 3 camps are ALL IN at this point, with nothing left to talk about!
If that is true that is actually a bad sign - we need somebody to panic buy to go substantially up
... why would he warn you about selling BTC in a bear market...?
Espirito Santo + an inverted derivatives pyramid.
It's good to look back on those calls to see how far bitcoin has come.
It'll never be under $50 / 100 / 500 again!!
It'll never be under $50 / 100 / 500 again!!
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