Do You think that it is end of bull market at BTC/Crypto/Altcoins? What do You think about direction of the trend according to Your investment strategy?
It is always bull market in BTC while Tethers exist. Remove fake money, and bear market here we come. Until then only new highs ahead. The team at BitFinex got your back.
All my PUTs & CALLs are in the black and making money still...Not changing my direction, or taking small profits. I've been trying to get a good spot to short PUTs on Iris Energy, but can't ever get fills where I want. I may just let that bit-miner go, as it's been going parabolic and I may find another security to go after, like WalGreens which has been a total disaster to investors as of last earnings report. Who would have thought a well known blue-chip defensive/staples stock like WalGreens could have gone so terribly bad so fast. Just a little bit of Bidenflation and poof, these critial guys are deep into negative earnings
Well thankfully i no longer depend on any predictions of a bear or bull, but just to follow price action wherever it goes for small gains whenever price movement extends out of a channel or box or congestion. Those small extensions add up and offer enough that it is no longer necessary to spend time listening to YouTubers opine about the future, unless it is also entertaining, as with Michael Saylor and Max Keiser. But if i had to guess, i would agree we are finishing a bear, and are at the beginning of another spectacular bull. My method will not allow me to capture every single gain of a bull market but will also not allow to suffer every single pain in a bear.
Saylor always has entertaining and amazing stuff to say in any interview. The problem, is when ever he talks during MicroStrategy's earnings call, he is the most boring person, and says the same boring report script every time... There isn't really any need to listen to him talk on the conference line so long as you've read his text ONCE in the last few years.