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

The_Krakenite

The_Krakenite

Was watching the S&P go to shit at work today... Now that the bear-market-rally ran out of steam... how now brown cow?

Crypto is selling off in tandem... If equities keep dragging crypto down like this next week, I may be forced to find more avenues to buy even more :)


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May those who over-leveraged, pay through risk what is due... and drive those prices even lower!
 
The_Krakenite said:
Was watching the S&P go to shit at work today... Now that the bear-market-rally ran out of steam... how now brown cow?

Crypto is selling off in tandem... If equities keep dragging crypto down like this next week, I may be forced to find more avenues to buy even more :)


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View attachment 293394

May those who over-leveraged, pay through risk what is due... and drive those prices even lower!
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Makes one wonder why this happened with BTC, if it is an independent asset far and away from FIAT.
 
If that were the case, then purchasing PUTs would be pretty silly when all you had to do was buy a bit of crypto. You'd be hedged, and have no time-to-expiration.
 
My friend trades ethereum, one thing we noticed is that eth led the rest of the market on this rally, and it also led the way on the down turn.
 
Overnight said:
Makes one wonder why this happened with BTC, if it is an independent asset far and away from FIAT.
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Clearly not the case today. While it's compelling narrative, we have yet to see BTC decouple from being a risk-on asset.
 
Sprout said:
Clearly not the case today. While it's compelling narrative, we have yet to see BTC decouple from being a risk-on asset.
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Exactly! BTC coupled to NDX some time last year, and cannot shake it! Why is that @johnarb, I see you in this thread liking posts don't wait for the translation! Answer the question!

 
Overnight said:
Exactly! BTC coupled to NDX some time last year, and cannot shake it! Why is that @johnarb, I see you in this thread liking posts don't wait for the translation! Answer the question!
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Dude, are you not reading all my posts??

Same investors are in Tech and growth stocks are in Bitcoin and cryptos. Degenz

They get margin calls in the stock market and dump their valuable bitcoins and crypto assets to raise cash
 
johnarb said:
Dude, are you not reading all my posts??

Same investors are in Tech and growth stocks are in Bitcoin and cryptos. Degenz

They get margin calls in the stock market and dump their valuable bitcoins and crypto assets to raise cash
More...

How can I read all of your posts, everywhere on this forum? I mean in this thread! You were liking posts but not commenting. :-)
 
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