Posted:
#3251
@I_Need_A_Detox
Michael S. truly puts his money where his mouth is, he definitely isn’t all talk.
Crypto thread
Posted:
#3257
Tweet from @CryptoCobain (who is probably the best trader in crypto)
“Consider four scenarios:
1. It’s over. Complacency shoulder into bear.
2. Double bubble. Fake bear sideways to October’s second bull.
3. This time its different, turbo rekt. Down only.
4. Supercycle.
Apply probabilistic thinking. Trade accordingly.
The bell curve’s revenge.
I wrote them in order of my personal probabilities.”
Posted:
#3258
Wild stuff floating around
There was a 4chan post yesterday describing what was about to happen with btc and it happened exactly as described... down to $30k etc.
The poster said he works for an institution tied to China and they were going to hunt someone with a massive long, liquidate him and buy everything once liquidated to bankrupt the person.
The person being hunted was Justin Sun. He has a $1billion long open and he wasn’t liquidated. He rebalanced and paid back $300m of debt.
Posted:
#3265
Simple ways to trade crypto:
- Buy when the fear and greed index is low (fear or extreme fear)
- Sell when the index is high (greed or extreme greed)
- Buy altcoins when everyone with bitcoin is saying altcoins are useless and going to 0
- Buy bitcoin when the people in altcoins are saying bitcoin is old and will be flipped by a superior crypto
https://twitter.com/bitcoinfear/status/1395288192161570818?s=21
Posted:
#3269
Here’s an indication I heard and think it could be true to know when this crypto bull run is over: during this bull cycle when the 2 leaders, BTC and ETH has already did the min 2x the old ATH (BTC old ATH was around $19.8k and ETH old ATH was around $1400) then if both leaders fall back to old ATH that’s a very bearish indicator and good sign this bull cycle is done. That’s pretty scary as we were fairly close to it yesterday, let’s hope over the next few weeks or months we do not see both leaders go down to their old ATH.
Another indication I hear if you are wondering if yesterday’s collapse was the end of this bull cycle is: if over the next few months, the 2 crypto leaders doesn’t get back to the ATH level we seen this cycle then yesterday’s collapse was the end of this bull cycle.
With all that said above I don’t think yesterday’s collapse was the end of this bull cycle, but I do still think the 2 leaders will visit yesterday’s lows again in the near future and hopefully both leaders doesn’t fall all the way to old ATH to indicate the end of this bull cycle. I’m still hodling my ETH because I still think in a few months we will see new ATH, we are due for good news for ETH with the EIP-1559 in a few months and that I think will give ETH a big boost in price.
Posted:
#3271
Problem resolved after 10 emails
Now a new problem
Been in crypto for 4 years, have sent hundreds of transactions... l want to send atom to KuCoin ... buy ETH ... send ETH to Uniswap ... to buy INJ ... can’t figure out how to send ATOM to KuCoin ... their 2 step verification process doesn’t make any sense
This is all the shit that prevents mass adoption
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