Crypto Timing
- Thread starter Golden ChipMunk
- Start date
^ nothing happened
What does that mean?
IPDA
Active Member
Larger % moves on the daily. More significant selling. Might happen might not, but if it does it supports further bearish order flow. I think it will given we just had an immediate rebalance yesterday.
I'm questioning the validity of your indicators.
Realised cap is still below market cap which indicates that sell pressure is largely absent. Add to that long term holders selling at profit in the current bull market is at all time lows suggesting HODLers are anticipating higher prices going forward. This metric has been declining during each successive bull market over time which makes perfect sense as the market matures and investors gain confidence in the asset.
IPDA
Active Member
maybe yeah
IPDA
Active Member
Nice! Shorts are healthy.
Golden ChipMunk
Well-Known Member
they doing this to see anyone paying attention, you buy you lose just like shiba wasted all on the gases.
double theirs return , keep luring everyone with 10000% up. Infact it took like over 10 years to happened.
Short term is likely everyone preference.
Been experimenting and observing the top 100, not all are winners.
Some of them do have cycles, so swapping at the right time to increase coins not to look at the dollars figures.
Why troll?
Fiat has an important function, it's important to understand what that function is and that it is the best tool to promote economic growth. Maybe your mentor hasn't explained it to you.
IPDA
Active Member
Why troll?
Fiat has an important function, it's important to understand what that function is and that it is the best tool to promote economic growth. Maybe your mentor hasn't explained it to you.
I should have prefaced not all crypto bros are like this, it wasn't meant to be a snide remark at you. It's just a select few that are. It honestly saddens me to see how blind people are in the face of greed (how poetic
), I was looking at some subreddits yesterday of specifc coins, and the price target was so impossible it was laughable. Again, I was like these guys when I was 18-19, growing up is realising it's all just dubious speculation controlled by the few. And yeah of course fiat is important, but that wasn't my point. My point is cryptocurrencies are meant to be opposing traditional finance, why buy Dogecoin when all it's attributes are the same? There's no real use for it other than trader speculation. I am that trader speculator, I like Dogecoin only because I can short it and some other sucker is my liquidity to it.
Anyways, may we agree to disagree and I hope you have a good news years! Trump and all his crew should make things interesting come 2025.
That's fair enough and entirely understandable.
Golden ChipMunk
Well-Known Member
dip dip dip
c'mon keep going
c'mon keep going
IPDA
Active Member
https://www.coindesk.com/markets/20...-skew-disappears-in-cautious-market-sentiment
Interesting article on Microstrategy & Bitcoin. Definitely blends well with my narrative, it is surely concerning that BTC only dropped by 3% and Microstrategy dropped by 45%.
Interesting article on Microstrategy & Bitcoin. Definitely blends well with my narrative, it is surely concerning that BTC only dropped by 3% and Microstrategy dropped by 45%.
Good grief.
It's called "v o l a t i l i t y" which attracts the derivative and convert investors to the stock in the first place.
IPDA
Active Member
Ah yes, MicroStrategy will be $10,000 I forgot.Good grief.
It's called "v o l a t i l i t y" which attracts the derivative and convert investors to the stock in the first place.
IPDA
Active Member
I'll bet you an ounce of silver @mmm....shiney! that MicroStrategy will be below $110 in the first quater of the year. Willing to wager? 
just for funsies
If I'm wrong I'll make sure it's actually a cool desirable coin too. I'm a man of my word.
just for funsies
If I'm wrong I'll make sure it's actually a cool desirable coin too. I'm a man of my word.
No thanks, I'm interested in price discovery not pissing contests.