Yes but did they mention which exchanges were hacked? Or what kind of security they had? Or if the exchange paid back the stolen funds? And it's hard to believe those numbers of stolen funds when the price of crypto is volatile, not to mention forbes magazine wrote it. I guess it's cool if you're a media believer though...
nevermind i dislike it. I sold and hedged my spot exposure. Think we could dump. Would buy lower if market gives.
Ugh i CUCKED myself. F#. Had such nice longs and i bailed because LTF chop confused me and didn't know what to make of it. Missed out on very nice gains ughhh. Onto the next. Did buy back spot but higher. And will hodl that. Damn. Need to stick to higher timeframes for trading.
How much you're in on the Bitcoins and at what price at the time of your message post ??? Maybe not important considering it looks like you're day trading Bitcoins. wrbtrader
GREAT points. Let's stick with USD, which is backed by... uh, anybody? Full faith and credit of the USG. Maybe both are flawed?
I am daytrading, but my bread and butter is catching the trend at it's development. I don't know what happens next, this might be a short term peak right now. If you are ever to hedge, you do it here. But i can tell, with confidence, that buying dips is a MASSIVE MASSIVE edge and this is what i will continue to do. Tether marketcap is at an all time highs, people are waiting on sidelines. I've been tracking forums for 3 years now and the same people who bought the top in 2018, have sold on panic and are waiting. Also i think we are at a deciding point for altcoins. Ethereum has vastly outperformed Bitcoin lately. But volatility IS LOW. And when volatility comes, altcoins crash like airline stocks during pandemic. Deciding point + incoming volatility. This should logically reverse ETHBTC to downside, BUT I COULD VERY likely be wrong and this is a speculation against a current, very strong trend& momentum. (Not an edge, more likely to be wrong than right.)
try to buy a home, car or Tv with bitcoin. Imagine if there was an entity allowed to create, let’s call them, FunnyDollars out of thin air, and the use FunnyDollars to buy real USD. This is what Tethers are. incredible how people just ignore it. It alone should make anyone stay away apart From having few for fun.