Bitcoin WILL DOUBLE & hit $11,000 by end of April

I have no faith so far in BTC being a hedge against crises or inflation. It performed poorly in the drop (and inflation scare) in late 2018 and during the March drop. Gold and treasuries aren't perfect hedges, but they did MUCH better in those times.
 
ROFL.
expert said it will hit $100 000 or even $1m.

It might even go to $1000 or even lower than that.
 
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maxinger said:
or even $1m
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https://www.elitetrader.com/et/threads/bitcoin-price-thread.315402/page-254#post-5069306
to predict is for paupers
to react is for kings
kings.jpg
 
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The problem with btc is that it's correlating too close to stocks, so it hasn't yet become a risk on trade. I'm a fan of btc, and in theory it should have exploded but it hasn't.
 
absinthe said:
The problem with btc is that it's correlating too close to stocks, so it hasn't yet become a risk on trade. I'm a fan of btc, and in theory it should have exploded but it hasn't.
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That's good, because on a monthly basis(not daily!), i am bullish on SPX too. Quarantine ends at 30april and life will return to normal.... for some time atleast
 
The real reason why i am posting those threads is, to figure out whethere i am right or wrong. The more hateful comments i get, the higher likelihood of me being right. Most of my threads on here receive 0 likes, a plethora of hate in the comments, thousands of views and most of them end up being correct calls.
 
orbit23 said:
The more hateful comments i get, the higher likelihood of me being right.
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Yes, half of them might be hateful, since you wrote it as statement, something like a universal truth - but not a question. That's why the hate shows up & the rest might me :

gg.jpg




The thing is -

since you didn't post it as a question, then the reasoning, for you posting it as a statement, could have 3 options :

first, - if, you truly believe that. Even if so, one has to stay open minded, to hear out other opinions and not attack anyone head on, who thinks different. If not, then the professional growth will slow down dramatically.


second - this might be just some paid propaganda, where neither of you cares, which direction it goes (by neither of you, i mean those two people, who liked your initial post ; got em both ignored, similar reasoning like - ,,BTC will go to 1 mil'')
This is the BTC guild on ET :
@Amun Ra, @Trader Curt, @johnarb, @MrMuppet
(Amun Ra, might be no longer among them)


third (which i believe it is), - you're seeking out for validation, for being right multiple times. Even if so, that isn't so efficient, while there's dozens of other people doing the same. Some gets it right, some gets it wrong and the same story continues all over again.
The true path of validation in here, get up to 7 or 8 digits account and then, make some of the trades public. No way to deny that kind of moral authority.
 
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orbit23 said:
The real reason why i am posting those threads is, to figure out whethere i am right or wrong. The more hateful comments i get, the higher likelihood of me being right. Most of my threads on here receive 0 likes, a plethora of hate in the comments, thousands of views and most of them end up being correct calls.
More...


I don't see any hateful comments.
perhaps you can hilite the posts.

most of us presented our views and most of us see things very differently.

Have you bought bitcoins?
If you do day trading, there might be opportunity to long BTC.

personally on long term, bitcoin should go down due to supply demand factor.
crypto currency is only thing ( beside universe) which has infinite supply.
Now there are ~ 20. It can easily grow to 200, 2000, or even 2m.
 
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