Monitoring the Crypto Bubble

Where do you think we are in the crypto bubble?

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Hi Shiney. No I haven't heard of them. Just had a quick read.
Not really into any type of leverage plays like that. I did swap some BTC for Solana about a year ago.
I have staked it ever since. Its up about 550% compared to BTC 120%. I am still very bullish on Solana,
even with all the congestion. At some point later this year or early next year, I will probably start to layer out of both my
positions in Solana and a chunk of BTC.
 
markcoinoz said:
I am not Chat GPT pmbug.:D
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That's why I bothered asking you for clarification. :p

markcoinoz said:
Firstly, it is common knowledge that if you buy BTC 6mths before the halving and sell 12-18mths after the halving,
it is a better strategy than buying BTC and just holding (HODL) throughout the cycle.
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I guess I live under a rock, because it's the first time I hear about this common knowledge. The original comment was confusing to me because buying something and holding it for 1-2 years is buying and holding isn't it? I guess the definitions are somewhat relative.

In any event, talk about selling like that is going to get the BTC maximalists after you with pitchforks! Take care and watch your six - they are fanatical. :p
 
pmbug said:
That's why I bothered asking you for clarification. :p



I guess I live under a rock, because it's the first time I hear about this common knowledge. The original comment was confusing to me because buying something and holding it for 1-2 years is buying and holding isn't it? I guess the definitions are somewhat relative.

In any event, talk about selling like that is going to get the BTC maximalists after you with pitchforks! Take care and watch your six - they are fanatical. :p
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My apology pmbug.
I thought you were being a smartass when you said to explain it like a 5 year old.
Anything can change even in 12 mths. No guarantees. I might have expectations. However, just like
what happened with the Luna and FTX collapse, you still need your dancing shoes on just in case. I just got out in
time with the Luna collapse and eventually got hit with Solana value capitulating from SBF crap.
The BTC maximalists live in a different world to me even though I agree with alot of what they have to say.
I won't sell all my BTC even during a downturn, as I value BTC as a prime hard asset over the very longterm.
My goal is to accumulate more BTC during each 4 year cycle. To do that will mean I will be selling an amount of BTC at specific times of the cycle and
re-accumulating at other times. That I think is what PlanB was alluding to. There are certain times to buy and sell over the 4 year cycle.
 
Came across this Youtuber discussing Hal Finney speaking at a crypto convention in 1998 along with 3 people at the conference, when combined with all 3 names
Satoshi: SATOSHI Hada Naka: Toshiaki TaNAKA Moto: Naohiko UraMOTO.
Now put all 3 names together - Satoshi Naka Moto
Now considering it was 11 years before BTC became public, this paves way for an interesting story.

 
IPDA said:
large speculators are exiting.
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Onchain data suggests otherwise: https://cryptodaily.co.uk/news-in-c...oin-whales-balance-return-to-pre-ftx-collapse

GN3q5jeWkAEMhyT.jpeg
 
IPDA said:
How do they define whales. IMO whales would be exchanges,
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Wallets that hold more than 1000 BTC I'm pretty sure.

What makes you think the USD is going higher? And what level do you think the DXY will reach before the end of the year?
 
mmm....shiney! said:
Wallets that hold more than 1000 BTC I'm pretty sure.

What makes you think the USD is going higher? And what level do you think the DXY will reach before the end of the year?
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Needs to rebalance before going lower. This might be a bullish week for DXY. End of year... Hm, intermediate term target would be 108.836, longer term I see it lower.
 
IPDA said:
Needs to rebalance before going lower. This might be a bullish week for DXY. End of year... Hm, intermediate term target would be 108.836, longer term I see it lower.
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Ok.

I'm amused by reports in the US media saying markets are watching and waiting for inflation data in order to see how The Fed reacts. I doubt The Fed will react at all for some time and therefore I think the DXY will be rangebound in the 100 - 105 channel for the remainder of the year.
 
mmm....shiney! said:
Ok.

I'm amused by reports in the US media saying markets are watching and waiting for inflation data in order to see how The Fed reacts. I doubt The Fed will react at all for some time and therefore I think the DXY will be rangebound in the 100 - 105 channel for the remainder of the year.
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We will see! So far I like the look of dollar going higher. It has cleared important levels on a MWD basis, and is now reaching for buyside liquidity. I do think inflation is also going to go higher, copper prices are screaming this.
 
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