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...
Bitcoin will go to $1M, then $5M, then $10M and higher...
Bitcoin is only $65k right now, though, so first, it will go to $100k, then $200k, then $300k, and higher and higher
Enjoy the journey
[just got back from a very nice r&r]
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...
Why not?
Top 300 of the biggest companies in the US by market cap, profitable for consecutive quarters...
There are zombie companies still in the s&p 500
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...
That is exactly what I was seeing in the Convo. FEAR is being put out there that this is the top of the bull market cycle
I wasn't chiming in on trading setups and what not, but a little pull back and saying it's the end of the bull market, come on now
Fear-mongering is an enemy and I'm here...
I was heavily invested into bitcoins and crypto assets at the top in 2021 just as I was at the start of the bull market in 2020
You're comparing us now to the end of the previous bull market cycle based on a little pullback because your chart is "scary",
as someone who has been in Bitcoin for...
But that's exactly my point, I don't want to influence you into not selling Sol as you had planned
But when I see someone influencing others into thinking the pullback is very scary price action and the inflows are dumb money about to become bag holders, wait a minute, hold on, yo, this is a...
I would not say pissed, more irritated than anything, no worries, I'll get over it :D
I stay away from trading and giving advice on trading, but I agreed with NoahA on buying the dip
2022 was the bear market, short all rallies
2024 is a bull market, and we btfd!
Everyone is traumatized by...
Yup, feel the same way, think we'll be back to $73k by Monday
I'm actually tempted to do a short term long perp futures btc trade when I get back home if btc is still below 68k
popcat is all time high right now, no worthy pullback to buy the dip on my alt position
I'm not trading btc short term, the volatility was too stressful for me, but my last swing trade perpetual futures long made over 50k usdt profits made up for the 30k usdt liquidation prior
Alts trading with boosted profits from yield farming is no stress (for me)
Mstr calls options position...
Far be it from me to encourage you to be a degen trader, but just so you know one of the latest videos from Scott Melker had a guest who was saying hedge funds/vc's are trading meme coins... something crypto bros have suspected for a while
Capital gets attracted by opportunities and liquid...
It's a good sign for a crypto bull market when btc pulls back and the alts continue to rally
It means the funds are not leaving the cryptos ecosystem and being traded to stable coins or to fiat
I'm up over 100% ($25k) on my yield-farm yesterday as I was leaving for out of town when Sol was at...
It's about $40 each , but I posted when it went down 75% so it was $10 each, then on a reply to long about being all-in on bitcoin which at the time I only had btc and the mstr calls position, no alts, it was down to $6.5 when I checked real-time quotes
It's now $853 each, could hit $1,000...
MSTR debt buyers did not care about the yield way below FFR because they are making money on the price the convertible notes like a crypto shitcoin up 42% in a week
TradFi has no idea what Saylor is doing...