Crypto Currency - Believers Only
The market always comes back, there isn’t really a story here, $20k per Bitcoin was pretty much inconceivable a short time ago, it pumped to $67k and now retraced and people thinks it’s over lol
The rich keep on getting richer as they sweep up all the panic selling retail punters
https://www.ft.com/content/25ac1667-9f50-4f16-b553-448ea4582613
Absolute shit-housery
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Hursty The market always comes back, there isn’t really a story here, $20k per Bitcoin was pretty much inconceivable a short time ago, it pumped to $67k and now retraced and people thinks it’s over lol
I don’t think anyone is suggesting Bear Markets last forever. The question is more where are we in the current cycle, and has the Crypto Emperor finally lost his undercrackers.
Economic conditions are looking hella bleak going forward tbf
C_J going forward
What about diagonally?
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Well look at the pump from spy now it loves certainty, crypto following. The rate hike was obviously already priced in. Complete con all that over the top fear, yeah things aren’t great but doesn’t mean you cant make money, always opportunities.
BTC has at least been decoupled from general tech stocks.
I’ve taken a 30% hit on my funds from peak in November. Forgot I had £100 in etoro so have put it all in BTC and will just leave it. Fuck knows what will happen. To the moon and stuff.
How we doing lads?
Bought a load of these off Mad Cyril dirt cheap as he had to sell to pay his massive payments on the house he remortgaged to buy Dogecoins.
Win.
Dutchy will buying up BTC today given he’s attracted to anything under 18.
Just wait for people to whinge that the government / regulatory agencies need to step in.
Doing a Branson?
benson Just wait for people to whinge that the government / regulatory agencies need to step in.
The last sentence in Ed’s article “It’s time for the Biden administration and Congress to regulate crypto.”