@robustus@Evan_ss6@robustus How do this $eth prices reach the the 2017 top prices?
Do you think something has fundamentally changed or current valuation is just a mean reversion?
Also how do see the future of $eth as an investible asset?
@robustus@Evan_ss6@robustus How do this $eth prices reach the the 2017 top prices?
Do you think something has fundamentally changed or current valuation is just a mean reversion?
Also how do see the future of $eth as an investible asset?
Time for me to take another obvious trade.
Long #BTC @ 63500
Long #Eth @ 1860
This is just me taking trades. Not financial advice as I genuinely know nothing. Please see my past trades for my track records. As far as I know it has been pretty accurate so far.
Most people have now forgotten that "Buy the dip" always do not work. Its not a guaranteed strategy. Its better you get it corrected sooner before you go bankrupt. Just a friendly reminder.
#BTC#SPX
Round-tripped a bunch of stuff and sold breakeven
Didn't think that market would be this weak to be entirely honest
Just gonna wait for a lucky wick I guess
Now that we are already negative year to date in #btc, what is your reason for an end year rally?
Better accept that it's over and preserve whatever paper wealth is left. Instead wait for the next right opportunity.
bear market astrology
- ogs sell >100k. selling above the 6-fig psychological accomplishment after holding for a decade+. below this round number they'll wait it out.
- etf holders (retail and hedge funds) accelerate selling below 100k. they r simply trend-following paperhands.
- at some point (80-90k) these sellers exhaust and more long term buyers come in. a local bottom forms.
- we pump to near 100k making everyone believe we r back. typical bear market rally that makes bears doubt their view.
- "macro" actually deteriorates and we bleed to 60-70k
- 6-9mo of consolidation in this area including one final capitulation leg down. no one believes we'll ever come back except for 5 ppl on this site.
- new cycle begins.
I’m surprised that L&T has issued an official statement to defend the statement carelessly made by its chairman as “we are building a nation”. You don’t build a nation by destroying family and friend life or by ensuring people don’t get me tine. In many countries, even labour laws need you to ensure adequate rest, sometimes even forced leaves so ppl can somewhat balance their lives.
The next candle north is going to rip mean reverters a new one
It is going to destroy perma bear scum
Max longing momentum chasers will eventually get their trade
You will continue to play the range
The range will disappear as we launch to new heights 🌝
$BTC