Bitcoin distribution

Discussion in 'Crypto Assets' started by wxytrader, Mar 3, 2024.

  1. SunTrader

    SunTrader

    If it drops to 64k and doesn't break, back off to the races higher likely we go.
     
    #41     Mar 6, 2024
  2. johnarb

    johnarb

    peace and love and best wishes, bro. I'm very sorry for over reacting as I did

    And it's double embarrassing as I'm on record on ET posts that my most painful bear market was not the 2014, but the 2018 bear market when I hit holy grail 7-figure portfolio top m2m valuation but did not cash out enough rode the bear market all the way to the bottom a little less than 6 figures

    So given my experience in 2018 bear market, I definitely should not be one advocating for not cashing out enough during this bull market with a 7-figure or higher portfolio value

    even if I plan to minimize as little cashout as possible this time around to hodl as much bitcoin for the next cycle and the next and...
     
    #42     Mar 6, 2024
    semperfrosty and NoahA like this.
  3. So just to be clear, you went from over $1 million to under $100k during that period?
     
    #43     Mar 6, 2024
  4. johnarb

    johnarb

    Yes, but I had a job...

    upload_2024-3-7_0-8-24.png
     
    #44     Mar 6, 2024
    semperfrosty and SunTrader like this.
  5. The "religious zealots" part stuck out. :)
     
    #45     Mar 6, 2024
    johnarb likes this.
  6. SunTrader

    SunTrader

    Top top toppping. Not.









    Yet.
     
    #46     Mar 6, 2024
  7. Fun Fact. During the weekend just before market open for October 19'th, 1987, Druckenmiller made one of the hugest bets of his life and went LONG.

    As the story goes, after market close that Friday, he looked over a presentation that Paul showed him, explaining how the market was about to crash (hard) in a mega tsunami.

    Druckenmiller immediately wanted to reverse his bets, and spent the whole weekend sweating things out until reversing on Monday morning, going from long to short.

    That Monday will live in infamy as 'Black Monday'.
     
    #47     Mar 6, 2024
    semperfrosty likes this.