Dislikedyou are right, the whole world was watching this whole binance fall case revealing, nothing good or bad came out of that for now. and all of them are now waiting for the ETF news. Can you imagine if it gets rejection or falls on its face? so many people will say bye bye to their hard earned money because of leverage. it's too much risk man.. I cannot be bothered to lose all my money in a matter of minutes because of thatIgnored
{quote} I say this all the time. The tape is all about news now, no matter what the ticker is. We are 100% dependent on news. this market, since it lacks a decent narrative for a lot of time since the lockdowns re-openings, any kind of news that is focused by the newstream media is amplified by a hundred times, plus leverage.. So I still stand by what I have been sayin.. it just is not worth the stress of it.
) this is all to your benefit and in your favor what's happening. Stick to the plan, lads. I actually don't have sympathy anymore to people who loses their house, their cars, their mortgage, their inheritance money because they got a little bit greedy and they 50xed their savings into a no-name coin, or bitcoin, or eth or whatever. I still lay low and keep buying at current prices without leverage, and I have no suspicion that I will come on top. Remember the race between the turtle and the rabbit? that's what's up.
Well, gentlemen, here we are! I wanna take this chance to congratulate you guys in the thread, we have been betting on the right horse, apparently, in the right way, lol ) Cryptos keep on surprising all of us or getting the best of us ) We finally got some traction and luckily we have (well at least i have) been buying slow and steady. Thanks to the good ETF news and some hype, some blackrock related stuff and even though SBF was found guilty on all charges, we got some hack news on some exchanges, nothing broke big time and we have seen some highs this years. is future looking bright for you?
) Cryptos keep on surprising all of us or getting the best of us ) We finally got some traction and luckily we have (well at least i have) been buying slow and steady. Thanks to the good ETF news and some hype, some blackrock related stuff and even though SBF was found guilty on all charges, we got some hack news on some exchanges, nothing broke big time and we have seen some highs this years. is future looking bright for you?
- #67
- Nov 20, 2023 11:54pm Nov 20, 2023 11:54pm
Well, gentlemen, here we are! I wanna take this chance to congratulate you guys in the thread, we have been betting on the right horse, apparently, in the right way, lol
as always, we still might go up, we still might go down, it is literally impossible to know that for sure, you know how things to as far as volatility goes.
ive been literally sitting on my screen, kicking back, chilling, watching the green candles forming for the last month or so 
and my P&L just keeps getting better and better. There's already a great FOMO in the market so people should be careful touching big numbers with X'es at the end of them. Just let the profits come to you, dude, don't chase them. FOMO is out there already and we've come a long way off the lows. Nobody knows what's next. And obviously, the pullbacks and some drops are natural part of the process, you can't go 90degrees upwards on the profit curve, you see.
and my P&L just keeps getting better and better. There's already a great FOMO in the market so people should be careful touching big numbers with X'es at the end of them. Just let the profits come to you, dude, don't chase them. FOMO is out there already and we've come a long way off the lows. Nobody knows what's next. And obviously, the pullbacks and some drops are natural part of the process, you can't go 90degrees upwards on the profit curve, you see.
Guys, guys, guys, guys guys! You seeing the news? The SEC finally approved Bitcoin ETFs after over a decade of applications. We are witnessing history.
Eleven different issuers got the green light. This is huuuuuge for crypto legitimacy and might bring more investors into the space. But my approach without leverage still stands, especially with the market volatility we're seeing. did you see what happened to the BTC price the day before the official approval? it was such a blast. the SEC's social media account got compromised and they have issued the approval then withdrew it, BTC first skyrocketed to $48,000 in a matter of seconds but then fell down to around $41k, and it all happened under a minute. $300 mln usd worth of leveraged positions were liquidated in a few minutes
Eleven different issuers got the green light. This is huuuuuge for crypto legitimacy and might bring more investors into the space. But my approach without leverage still stands, especially with the market volatility we're seeing. did you see what happened to the BTC price the day before the official approval? it was such a blast. the SEC's social media account got compromised and they have issued the approval then withdrew it, BTC first skyrocketed to $48,000 in a matter of seconds but then fell down to around $41k, and it all happened under a minute. $300 mln usd worth of leveraged positions were liquidated in a few minutes
yeah. i think we might be overstretched this rally above $50k a little bit with BTC and you know how it is.. its always correlated I've also been pondering the nuanced relationship between crypto and traditional financial markets btw. despite the ongoing debates and no matter what people and pundits say, crypto markets cannot be wholly insulated from broader economic trends and tradfi assets.. the interconnetions obvious to me. and people are increasingly saying that we mghth be in for a pullback in the overall market indices startinf from the US....
so yeah.. amen to that