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Crypto Megathread v38 - BTC 100k watch. You got lucky and it's just a bubble!

I sold my tiny bit of Bitcoin a few days ago at a small profit and then bought more SOL at 221 a pop
My path to success continues...
 
Anyone buy xrp here? Seems to be the trendy thing to do right now...don't know much about it but getting dogecoin dejavu.

I'm thinking about buying more sol. But
I have no eth so considering that instead.
 
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TeTe said:
You think it'll bounce off of it? Or do we just keep bleeding while tradfi keeps throwing a hissy fit over not getting cheap money?
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if it does not bounce off that MA on the weekly, the run is over and we need to start looking for shorting
 
GarbageGuy said:
if it does not bounce off that MA on the weekly, the run is over and we need to start looking for shorting
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Run is over without a real alt season. That's a depressing thought
 
Bought 1k more SOL and BTC.

Still have no ethereum. Just BTC and SOL....and a tiny bit of ADA (bought 500 bucks worth a couple weeks ago).

Plan to sell my SOL and ADA by the end of this year and hold onto the BTC longterm.
 
Jobs report come in strong and markets open down this morning. Talk about a bunch of children. "Wah, muh rate cuts! I'll try to tank the market and show you!"

It's going to be fucking great watching the economy stay strong and Wall Street look like bunch of blithering idiots that refuse to buy long term bonds.
 
I feel like every time public sentiment says we are crashing it’s time to buy. I alway get suspicious when all these sites start claiming BtC to $150k by Christmas 2024 for example.
 
I hate crypto almost more than anything but to me it seems really bullish that it hasn't sold off here more than it has.
Like some kind of 150k BTC call would be the trade but sell way early on the next leg up. Not an options trader though and certainly not a shit coin trader.

I just wish I could short Doge Coin like I short TSLA.

I bought some BIDU today and that might not be much different than a shit coin anyway. I am just old.
 
shadowmanifold said:
I hate crypto almost more than anything but to me it seems really bullish that it hasn't sold off here more than it has.
Like some kind of 150k BTC call would be the trade but sell way early on the next leg up. Not an options trader though and certainly not a shit coin trader.

I just wish I could short Doge Coin like I short TSLA.

I bought some BIDU today and that might not be much different than a shit coin anyway. I am just old.
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I'm still thinking this is typical volatility for where we are in the cycle. Certainly traders are just going to have to get over the economy being strong and the Fed not cutting. I guess the only thing at this point that might derail things is a recession.

But we'll see. It may come down to waiting for the Fed to start QE... But who knows how long that will take and what it will take for them to start it. I really hope we can get one final run up so I can unload almost everything and not fucking care about what happens after that.

I hate the worst case scenario that all markets will have to shit the bed and unemployment rise for the Fed to start QE. That could push the timeline way out.

People are still trying to paint this rosy picture that it's business as usual for this cycle but severely underestimate the macro and how tied to trad markets we are. It's not like there's enough retail to counter anything these institutions are doing.
 
kimocomplex said:
It's all over boys

<6>
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I'd just prefer everything crash right away so we car start over quicker.

The key is watching the traditional markets and seeing how far down they go.
 
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