fortune favors the brave, Stay poor

Discussion in 'Crypto Assets' started by JackMorgan, Jun 17, 2022.

  1. Enjoy your tax loss deductions. must be epic proportions
     
    #31     Jun 18, 2022
  2. MKTrader

    MKTrader

    Projection much!
     
    #32     Jun 18, 2022
    johnarb likes this.
  3. yeah I wanted to short badly but it just seem like the whole thing was a casino and the house will figure out how to screw your winnings.
     
    #33     Jun 18, 2022
  4. RedDuke

    RedDuke

    if we have a total crash, from the ashes new and much more clean crypto market will raise.
     
    #34     Jun 18, 2022
  5. you seem much more worried about me than the fact that you're always wrong about everything ?

    do you think we dont notice that ?
     
    #35     Jun 18, 2022
  6. MKTrader

    MKTrader

    I haven't been wrong about anything in your threads. Looks like it's time for your meds again, Jack. Your having those delusions again.
     
    #36     Jun 18, 2022
    johnarb likes this.
  7. well since im always right , and you always have a problem with that , that means you're always wrong

    simple logic
     
    #37     Jun 18, 2022
  8. I'm not really a fan of the Alchemy of Finance, but it is quite possible what we are seeing at the moment is Soros' Theory of Reflexivity in progress.

    But I am more aligned to believe it's simply over-leveraged HODlers who are forced to liquidate in the never-ending cycle of selling forces more selling.
     
    #38     Jun 18, 2022
  9. RedDuke

    RedDuke

    the pivotal player is MicroStrategy, if they get margin call, it will get really ugly.
     
    #39     Jun 18, 2022
    JackMorgan likes this.
  10. On the flip-side, I've watched a number of big short positions latley get taken out on a stretcher after getting too greedy in their full conviction of (this is it, this is the end!) One problem, is even if you could be 100% sure on the direction, all it takes is a few other shorts to cover at the same moment and you end up blowout out in the sqeeze.
     
    #40     Jun 18, 2022