Seems to me, what the markets need, is a mass liquidation event.........
The market only always needs a mega pump....
Hmmmm, I dunno bro, I think to get the pump, we may need to crush a load of longs, then the market can go and crush the shorts.
BTC wise, looking at those longs on finex... they surely need culling at some point.
It is the sideeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeways I fear the most... that is the worst of the worst.
+1 Sideways sucks the most
Dunno, for traders maybe yes. For hodlers, down is most painful...
Sorta, but then if they are long term holders, then its just psychological, unless they need to sell of course. I mean for a holder, down, could represent good time to accumulate and add to stack. Up too quickly, is rarely good, unless its one of those moves whereby it raises the floor "permanently" , cut out a load of people who were on the sidelines or had previously been liquidated.
Some sideways is alright, reaccumulation and some consolidation before next move etc , can always use options and collect premium
I guess.
But long sideways, like say a yearish give or take some months, is just depressing/boring.
I guess you could make the argument that sideways is a good time to accumulate if you think bottom is in..... but then you never know if it legs down after the sideways just to fuck as many people as possible..
I prefer violent moves, crush the longs then crush the shorts ..... v shaped bottoms etc.
Just get it over with , I dont wanna wait a year to bottom or wait year after bottom for some action... it hurts.
Thats just me thou'
