Not surprisingly, bitcoin is above $70k again Positive inflows yesterday, price dumped on Coinbase news unrelated to Bitcoin, hence mstr traded up yesterday, not down Don't get shaken out by these fake crashes. It's a bull market, you know
Not surprisingly, bitcoin is above $71k again Wonder if they come up with some news for another fake out crash...
Just curious John. I don't recall seeing your log in the 'Journal' area of the forum. Unless I missed it? Would be interesting to give your trades a read-through.
Thanks for the interest, but I do not have a thread in the journal section as I don't actively trade I put side-bets, defined risk (fixed amount of capital) positions every now and then, which I posted mainly on this thread, i.e. perpetual futures on btc, altcoins, i.e. Rune, Pepe opened and closed At this time, I only have 3 side-bets positions $creo (crypto gaming token) $popcat (solana meme coin) and the yield farm $sol-popcat $mstr call options (posted on my crypto macro thread) All 3 are active and I usually post when I close a position I can expand on any of the positions if interested, but tbh, it's boring, I put the position, it goes wildly up and down in m2m value as bitcoin does the wild price gyrations, but I do not do anything... well for the most part I don't do anything, creo I rebalanced once, and popcat yield farm, I harvest the yield and convert to popcat and put in a separate wallet, and mstr options I just cashed out $300k and not planning to do anything for the next 60 days or until mstr hits $2500/share then maybe sell another batch and reassess, depends on what hte market structure of bitcoin looks like (and vice versa if bitcoin hits $80k first) Then everything else I have in bitcoins, very long term hold For expenses and fiat needs, I scrounge up whatever I can here and there, our living expenses where I'm at are much lower now (after mstr cashout, don't have to scrounge as much)
I don't know either... LOL... If you called it in advance, that would have been awesome! So do you think we go lower? The ETF inflows for today were actually negative I see, but think drop happened way after hours, so its not like the little bit of selling affected price during market hours. Edit.... But I will admit that on the weekly chart, it does look like a triple top. But we won't know what to really think unless we break above 73k or below 60k if just looking at the weekly chart.
I started a small position (yield farm) Sol-Cost $Cost is costco hotdog meme coin on Solana cost-basis 0.032-0.034
Bitcoin is going to $100,000, then $200,000 higher and higher, then $1,000,000 and higher and higher There will be price corrections along the way It's a bull market, you know Lots of fake traders posting the price after the fact, but if you have conviction, you stand by it, put a trade, whether short or long, just do it
Damn... Cardone is as bullish as can be. I saw this link to another video of his at the end... Should we send it to Frederick Foresight or just accept that some people can't be saved? I haven't seen you in this thread, but Baron gave FF a very stern warning. https://www.elitetrader.com/et/threads/math-wont-help-you-understand-bitcoin.378975/