Crypto Megathread v35 - The SEC will let me be

Status
Not open for further replies.
Solana is centralized and jupiter is a generic DEX. not sure why they are getting so much attention.

dont fall for the hype. money to be made on short term spec, sure. but there is no second coming of jesus here.
I traded a bit of sol for it just because I made a profit on shdw. not a whole lot but profit is profit. just testing the waters. I place crypto in the pocket change category but got luckier with Sol.
 
@TheMaster still got your api3 on stake ?
Or course. Rolling in and I'm enjoying forgetting about it.
Since I began staking my stack has increased by 33% from the original and counting. That's the thing with crypto, for all the analysis you can try to do, due to fomo and uncertainty if your try to play it trading you most often end up losing money.
Just hodl and forget then level out when the time comes is the way which is why I am deliberately staying clear of following things too closely now. I get enough reminders from people when it moves anyway, but I'm not interested now until we see a 4 or 5x at least when the time comes. Then some of it will be going straight into PAXG.
 
Welp

BTC did not react well to the spot ETF

At this point probably going low 30s in the next 1-2 months
 
Welp

BTC did not react well to the spot ETF

At this point probably going low 30s in the next 1-2 months
Lol

“Didn’t react well”

The price action was suppressed by GBTC converting its trust.

The fact that 180k BTC was absorbed with barely any sustained negative price action is a very bullish sign.

The Mt. GOX release could see another 150-200k BTC released but unknown how much would be sold. Let’s say 70%.

We would see some negative price action but the ETFs are buying it right back up.
 
Lol

“Didn’t react well”

The price action was suppressed by GBTC converting its trust.

The fact that 180k BTC was absorbed with barely any sustained negative price action is a very bullish sign.

The Mt. GOX release could see another 150-200k BTC released but unknown how much would be sold. Let’s say 70%.

We would see some negative price action but the ETFs are buying it right back up.

Aggregated volumes are all down even with thd ETF influx
Selling pressure is clearly present
 
Welp

BTC did not react well to the spot ETF

At this point probably going low 30s in the next 1-2 months
Considering we're actually ahead of the curve (compared to previous cycles) going into the halving, I'll bet there's a pull back. We're pretty overbought anyway.
 
Status
Not open for further replies.
Back
Top