mendomusic037

Life is getting interesting and it’s not gonna stop.

[₿lackwidow 🕷 @blackwidowbtc]

Reminder that permabulls held all the way down and now have to start all over again

The key word is AGAIN.

The problem was that they did not learn from the previous cycles.

Great traders aren't the ones who don't make mistakes, great traders are the ones who LEARN from their mistakes

Mistakes are mandatory, but repeating them isn't

Bad traders don't practice learning and end up doing the same thing over and over and expecting different results (that is also the definition of insanity)

Don't make the same mistake next cycle

*scratch that*

You will not make the same mistakes next cycle

[mendomusic037 @MagicMusic037]

@SuperBitcoinBro Even if this isn’t the bottom it’s a decent time to start the DCA process. 👍

[mendomusic037 @MagicMusic037]

@paulwoodsx My personal white-guy take is imagining that it has to do more with other (past) perceived wrongs adding up to mistrust/assumptions in the present.
Perhaps the thought of “unfair/corruptness of the cops/juries in the past should make me wary of sending a black person to jail”.

[mendomusic037 @MagicMusic037]

@SuperBitcoinBro It’ll feel right for this rally, but I feel there is more downside overall (after this rally) before the bottom of the bear market has been reached.
If you have more dry gunpowder to stage in at that point then good on you, no one can blame someone for buying in stages

[mendomusic037 @MagicMusic037]

@_landam01 The best looking young man at my high school was legendary with the ladies for his anaconda.

[mendomusic037 @MagicMusic037]

@chrisboettcher9 There can be a mix of the two?

[mendomusic037 @MagicMusic037]

@BigDott50

[mendomusic037 @MagicMusic037]

@BBcryptoXX Almost. I’ll consider the rally that comes next the last fakeout if we don’t fall below 57K before rising.

[mendomusic037 @MagicMusic037]

@SuperBitcoinBro Good stuff 👍
I’m thinking that if BTC doesn’t go below 57K then we get one more July relief-rally before the final bottoming (oct-feb)?

[mendomusic037 @MagicMusic037]

@moonchild23580 Yes

[mendomusic037 @MagicMusic037]

@cryptofergani

[mendomusic037 @MagicMusic037]

@SuperBitcoinBro Plus: I’ve never seen anything in any technical analysis teaching that dictates that higher highs within a flag channel impact a bear flag in the slightest.

[mendomusic037 @MagicMusic037]

@SuperBitcoinBro Opinions vary: traders tend to be more flexible, especially with crypto. They argue that because Bitcoin trades 24/7 and has massive liquidity cycles, its consolidation phases can stretch out much longer than traditional stocks while still retaining that underlying pressure.

[mendomusic037 @MagicMusic037]

@Vivek4real_ LOL, if you buy based on this you’re making a huge rookie mistake.

[mendomusic037 @MagicMusic037]

@lovyPrimzy1 If a man who checks all of those boxes isn’t married, he’s either secretly gay or addicted to variety and/or the initial infatuation phase.

[mendomusic037 @MagicMusic037]

@vxylily We deal with lots, there’s no point in tallying it all up on both sides. From the perspective of a 50 yr old, it’s an immature game.

[mendomusic037 @MagicMusic037]

@Alejandro_XBT The masses will call for 12K when we get these, but those will be the same moon-boys who said 30-40k was impossible 😆

[mendomusic037 @MagicMusic037]

@CryptoTice_ That model doesn’t take the true curvature of an asset into account (especially one that is going from volatile to more stable).

[mendomusic037 @MagicMusic037]

@BTCBreadMan It takes a bit to learn how to ride these BTC market cycles, give yourself 4-8 years to get it right.
Take in who was right and who was wrong, and pay attention without preconceived notions or worrying about what video has the most “alpha per minute” and you’ll be fine.

[mendomusic037 @MagicMusic037]

@BittBurger @0xLofty YES 😎