Cashed out of all the LADYS profits... On a derisking mode for now. Will go shopping again for memes or other cryptos when market is heated again Will close out the bitcoin perp futures position too (for a loss) Switching off my degen mode
So I'm jealous now, huh? Hmmm I just think a lot of people in the crypto space are bad traders. They have these crazy expectations that are not grounded in reality. And those "meme millionaires"...they're actually the worst lot. They made their money by pumping and hustling, not by timing the market.
You stay quiet when bitcoin is going up, but become active and posting all giddy like a little girl when bitcoin goes down 5%, schadenfreude much? I post hundreds and even over a thousand percent profits on meme coins, NO LEVERAGE but tick-fucking for 5% moves is your thing coz you are greedy for fiat cuckbucks
Seriously? I didn't say anything good when bitcoin was going up? As far as I can remember, you even "liked" some of my posts. My earlier post was not directed at anyone in particular, but you always seem to take it personally. Dude, grow some balls.
It finally touched the neckline. As you can see, it bounced right off the line. Whether it will hold up or not is hard to say. It's no secret that I'm leaning bearish and needlessly pissing off @johnarb (sorry man, but that's just how I trade the market, on both sides ). I'm expecting 23K to be the final destination (ofc I could be wrong here), at which time I'm definitely switching to a bull.
The neckline is now finally breached. Depending on where all the stops are at, we could see some heavy selling ahead of us.
I'm sorry I overreacted to your post I'm also bearish but not based on charts it's no secret that I'm not a TA trader. I'm bearish due to price action on the cryptos I watch, especially the largest market cap, bitcoin On the subject of extreme moves on cryptos, it's a different world than traditional finance The meme coins mania that happened the past 2 months is not normal even in the cryptos world But during crypto bull markets, 10,000-50,000% moves do happen over a longer time period of months to a year or two, i.e. Solana and Fantom and gaming tokens. What has happened recently with meme is an anomaly and I believe that it has ended, imo Feast or famine is how cryptos market work. During feast, we get extreme moves and we all know everyone's a genius during... But surviving the famine is what breaks a lot of people. Many stories on Crypto Twitter of so and so, made millions and lost all I've posted here many times, there is only one rule in cryptos, which is to survive (the crypto winter)... because if you do, there will be lots of good opportunities during the festive times (crytpo summer) Degen mode during feast, risk off during famine. I've been open with my trades and screenshots showing when I'm on degen mode and I have also posted today I'm on risk off mode
No need for apology. I came out with pretty strong words, so it's only natural it rubbed against many people. But as you correctly noted, I'm a chartist and all my views are based solely on charts. As such, I'm not making these calls just to bug the shit out of anyone. I'm merely stating what I think will happen in the short run. Whether that turns out correct or not in the end is another story. With that said, I do value your opinions. Your posts definitely helped in opening my views on crypto. And it's my hope that we keep the dialogue flowing and, more importantly, open to diversity of opinions (regardless what the bias one might have in regards to BTC). You could talk about the macros and I could go over the technicals. In that regard, I will likely keep hashing out my views on where the market is heading and, at times, they will surely come across as abrasive as my earlier comments today. But just know that none of my comments are personal. I'm only stating what I see on the chart. Alright, I'm signing out. Good luck with BTC going forward.
I'm flipping back to long here at 26.1K. If we're lucky, we could retrace back up to 28.7K area. My stop is resting at 25.7K