How can a sh1tcoin still be so overvalued compared to Bitcoin? We need to bring this one down lol
Increasing my ETH short. There is no reason for ETH to exist. Also, any other sh1pcoin. This cycle will not be like previous cycles, no ATH for sh1pcoins.
Nice time to leverage BTC Red line liquidation, blue line entry.
Microstrategy holds 129,218 bitcoins, worth about $3.87B Their current market cap is $2.2B. I don't have anything more to say.
Before significant interest rate hikes, I have claimed that Bitcoin is decoupling from the rest economy (which probably happened). However, the effect of rising interest rates still had some power over the Bitcoin in the tank. It seems that this power of raising interest rates is diminishing for Bitcoin relative to the rest of the economy which will probably...
It is possible that BTC will go to 20 000 and maybe even below that, but chasing the bottom is not the smartest idea. This is the opportunity that we've been waiting for. Everyone wanted to buy BTC if only it was a little cheaper. Well, now it is, but everyone is scared :) The wise words of Peter Lynch are that NOBODY can predict the bottom, and nobody can...
I only have Bitcoin but I believe that there is a lag between Bitcoin Price and Doge price, where Doge price action is behind Bitcoin. Bitcoin is now at 44500 and doge is at it's local bottom. I am willing to make a small but leveraged (long) bet on Dogecoin. It is unlikely that doge will go below 0.7 in the near future.
Unregistered security... Charles Hoskinson is not getting out of this...
Tether has been at an ATH for a couple of months now. With 3 month bond yield, sticking well over 5% for over 4 months, this has been a very very profitable business for Tether. Thether keeps most of their funds in short term bonds. Maybe by now they have also locked in some long term bonds. They could easily have a portion of their portfolio in 5Y bonds,...
There is a reason why Bitcoin will decouple now. I've noticed that Bitcoin was perceived by the masses to be intended as an inflation hedge. For the last 2 years, it has been correlated with tech stocks. So, even though the Bitcoin was perceived as an inflation hedge, its price didn't really grow that insanely fast because people were suddenly hedging...
Stochastic looks good and Options expiring on the 27th favor the upside. 2300 will hold, no problem.
I'm making this post in retrospect, I'm shorting NKLA from 7.2. As a chemist, I can guarantee you that they will fail in their intent, and cannot deliver things that are impossible. Even if they stretch themselves to deliver, the product will be a worthless piece of sh1t. This could still drive the stock up, because degenerate "investors" could pump it up...
I'm going to buy some Deutsche bank just in case it survives. If it survives, it's not a bad deal. Even if it dissolves it could still be a good deal. It's a risky trade so don't buy too much XD
Etherium Dumpster Fire ETH is captured and It's an unregistered security, not a commodity.
I will top up on Meta, great numbers and a lot of FUD in the market. It's oversold at a PE ratio of just 12. It may still be getting cheaper for as long as FED can raise interest rates. All of the arguments against meta are inexperienced people looking at Meta stock price while looking at their new metaverse project information. If they bothered to look at...
I really don't understand why anyone holds this crap lol
Ada, much like Etherium, will be dumpoing against Bitcoin. Probably much faster. There are new updates to the Bitcoin layer two, which will slowly but surely give it all the capabilities that people seek for in other cryptos.
Idk... I'd short that, sh1tty times are coming... Every single bank is in the trouble right now...