This may be the start of a bounce..... if I fkg knew how to trade btc I'd buy once it breaks over 21k with a 19.7 sl, exit target 27. Not a recommendation. But we'll see. I will absolutely buy GBTC COIN if they go up Tuesday. I wish I knew how to properly trade btc. Recent reversal off 18/19 is a buy signal imho. If I could buy btc here at 20k today 6/19 I would, with a 19.2 sl.
It's all just talk and speculation right now, actually all the time with trading. But I think some people may be celebrating too early. This may just be a dead cat, relief, bounce, and some dip buyers. All the big guys with an opinion say we are heading into a recession, with a so-called crypto winter waiting. One day does not make a market, and one week doesn't make a market.
I'm hoping it's just shorts getting squeezed... after the rest are forced to cover and liquidations take them out on stretchers we can have another sell-off again.
I think what he is saying is that he does not know how to properly trade the coin itself, i.e. the movement of the actual coin, so instead just trades the companies that facilitate BTC flow.
Yes, it is. He is uncomfortable trading the volatility of the coin, so instead is trading the exchange stocks.
No actually savoirs right, I have no clue how to actually buy btc, other than, I'm assuming funding an account with a crypto broker/ firm etc which I don't want to do. So I guess I'll trade GNTC COIN MARA RIOT whichever looks best, on the, if they go up
Well, that is just sad. And you have been a trading educator for how many years? I don't trade the coin itself, but it's patently obvious on how to do it for a US citizen. https://www.coinbase.com/ @savoir My folly was that I assumed Ken just knew basic shit like that. Alas, I seem to get buggered when I ASSUME people have a modicum of common sense intelligence.