Today's run-for-the-exits @ market close

Discussion in 'Crypto Assets' started by The_Krakenite, Aug 26, 2022.

  1. johnarb

    johnarb

    Oh, it wasn't today and I was being sarcastic, lol. I post too much, I'm surprised you haven't put me on ignore
     
    #11     Aug 26, 2022
  2. easymon1

    easymon1

    Does friend short and long eth or just long and exit?

    delete.jpg
     
    #12     Aug 26, 2022
  3. johnarb

    johnarb

    Just anecdotes from talking with rl friends and families who are into cryptos, they're also invested in growth stocks. Also Tiktok and Twitter degen traders. YouTubers discussing both markets and doing commentaries on on investments

    Plus institutions are allocated to risk assets and see Bitcoin as another risk asset so when they go risk off, they sell btc first
     
    #13     Aug 26, 2022
  4. ph1l

    ph1l

    Maybe he thinks some of these margin calls are from stock positions?
    https://www.washingtonpost.com/busi...64797c-f5e8-11ec-81db-ac07a394a86b_story.html
     
    #14     Aug 26, 2022
  5. johnarb

    johnarb

    Margin calls and liquidations don't have to be exclusive

    The thread relates to stock market correlation with cryptos during times of stress

    Obviously we had cryptos liquidations unrelated to stock market, i.e. 3AC, Celsius, Voyager
     
    #15     Aug 26, 2022
  6. Overnight

    Overnight

    If I wanted to put you on ignore, I'd just buy some Doge/Solena combo, place a put option on it X10, and ask you for advice. See? It would be an anti-ignore, because that is a hateful thought. So you would have to ignore me by default.
     
    #16     Aug 26, 2022
  7. TheDawn

    TheDawn

    Yeah that last half of an hour was brutal!!
     
    #17     Aug 26, 2022
  8. Not just the last, half, hour....the entire second half of the day was brutal,

    Just when you think the market can't go any lower, it fell too much,....it goes lower,
    And just when you think the market can't go any higher, it has risen too much,.... it goes higher,

    Trading can definitely be part art, part science,...and have its moods and deviations.
    Watching the market go lower....made me look like one of those floor traders on news photos who look like theatrical clowns.
    [​IMG]
     
    Last edited: Aug 26, 2022
    #18     Aug 26, 2022
  9. maxinger

    maxinger

    huh?

    the last half an hour was extremely profitable to those who
    traded the whole of the US session.
     
    #19     Aug 27, 2022
    easymon1 likes this.
  10. schizo

    schizo

    Man, what's up with you? I thought you a millionaire. Can't you afford to use something more professional than Google charts?
     
    #20     Aug 27, 2022
    easymon1 likes this.