Is the crypto winter over?

[johnarb]

I hope you picked a country with a low capital gains tax rate. Bitcoin you can hold forever; this one is getting close to your $1M exit.

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

 

[NoahA]

But here we are now. We got none of that shit anymore, except for the traders who are over-leveraged for short term getting liquidated

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!

 

[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?

 

[Big AAPL]

nice price tag

 

[johnarb]

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?

You seem to enjoy the down more, though

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

 

[johnarb]

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

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

 

[schizo]

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

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.

 

[johnarb]

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

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

 

[schizo]

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

But you really should know that fake breakouts don't count.

 

[jbusse]

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

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.