Is the crypto winter over?

Discussion in 'Crypto Assets' started by schizo, Jan 13, 2023.

  1. johnarb

    johnarb

    True, haha

    I'll be continuing to pay Uncle Sam for a long time, not ready to denounce, too many familial ties and others

    I'm already reaching out to our CPA to plan for next year, as this year is shaping up to be CRAZY

    cpa has not responded, busy time for their office

    Edit:

    $1M exit is not full exit, will be scaling out and planning to buy bitcoins... just moving from one with expiration to no expiration asset

    Holding too much fiat is not needed, yes to have enough to cover taxes

    but also prefer to hodl bitcoins... it's a bull market, you know
     
    Last edited: Mar 15, 2024
    #1931     Mar 15, 2024
    semperfrosty, NoahA and jbusse like this.
  2. NoahA

    NoahA

    This is actually a very important point. I even read that typically Bitcoin wouldn't break the prior high, but it did this time after ftx since there was so much selling. But as you say, now it's just traders.

    Saw this chart and it was pointed out that yesterday had the lowest inflows in the past 8 days. But it's still positive! And halving is still coming!

    20240315_180447.jpg
     
    #1932     Mar 15, 2024
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  3. schizo

    schizo

    Not your typical weekend, is it? Looks like this weekend will be a busy one. :)

    Anyway, by now you should know everything that I write here is based on price alone. Unlike others, I don't base my decision on what's said on Twitter or Youtube or elsewhere. So I hope you understand that I have no directional bias. Hence, I don't care whether Bitcoin goes up or down. I only speak what I believe will likely happen in the coming minutes or hours, or in the coming days.

    And it's highly unfair to characterize what I say as "the bull market is over!" That's a complete nonsense. I've never said that. What I am saying is, we're in for a correction, and it might hurt like hell in the short term.

    BTW, dont' you love that number, 66666?

    upload_2024-3-16_14-19-55.png
     
    #1933     Mar 16, 2024
    semperfrosty, NoahA and johnarb like this.
  4. Big AAPL

    Big AAPL

    nice price tag
     
    #1934     Mar 16, 2024
    schizo likes this.
  5. johnarb

    johnarb

    You seem to enjoy the down more, though :D

    I remember when you got stopped out a couple of times in the 40's and had to run back to ES, so you should enjoy this little dip, we're down to 65k now, whoa, scary and painful

    What you said was that would we listen to you at the top of 2021... this is a correction, that is all, enjoy


    upload_2024-3-17_7-32-38.png
     
    #1935     Mar 16, 2024
    schizo likes this.
  6. johnarb

    johnarb

    Will not be putting a long btc perp futures position, as it would be an emotional trade

    I'm trying to plan out the moves on the MSTR position, hopefully a good week coming up, or could be delayed...

    Giving up some gains on the popcat position m2m... meme coins are pulling back, still a nice yield harvested, though

    Closed down the farm and converted all to popcat, no more Sol for now, so when popcat goes back up, will benefit nicely

    Creo is nicely in profits, too, that one is a hold for a while, my only game token at this time

    Other than that, this has been a very nice bull market so far...

    I should be looking at opportunities with altcoins during this bitcoin pullback, but I'm getting lazy, I just want to relax and enjoy the bull market for now
     
    #1936     Mar 16, 2024
    NoahA likes this.
  7. schizo

    schizo

    Since you're a HODLer, this doesn't apply. But if you were a trader like myself, you get absolutely no respect from me.

    Regardless, since we're back below $70K, I'd appreciate if you could stop making these astromical projections until we're back above $70k.

    One more, if you've read my posts (and I know you have), I've always said BTC would go up to $100K.
     
    #1937     Mar 16, 2024
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  8. johnarb

    johnarb

    You already got the favor when you said I won't talk about high numbers until bitcoin breaks $70k, which it has

    I will continue to talk about high numbers now, sorry
     
    #1938     Mar 16, 2024
    NoahA, jbusse and schizo like this.
  9. schizo

    schizo

    But you really should know that fake breakouts don't count.
     
    #1939     Mar 16, 2024
  10. jbusse

    jbusse

    I like the high number projections. They give me a non-addictive dopamine hit. From a more practical standpoint, they help me sleep better at night.
     
    #1940     Mar 16, 2024
    johnarb likes this.