Theres a reason Warren Buffett says analysts and consultants are dead weight

bloodbath in crypto, hodl!

Time to buy in? lol

i tend to keep funds in stablecoins on hand to add when these sharp dips happen. its gone up nonstop since early dec, eventually whales were gonna take their cut.

only issue i see is this is eerily reminiscent to late 2017- early 2018 when alt season heated up it all crashed quite quickly after, but that was a long time ago now. the technology has improved substantially and now big institutional investors are all over it. still be confident of btc and eth performance long-term

Crypto goes up with unrest so this year was always gonna be huge with covid and the election. Once things settle down I expect sub 20k again. But we hopefully won't have something like a pandemic and Capitol raid to send it sky high again... But then again these things tend to not just stop over night.

its done well sans unrest

the last two crypto booms were during periods of overall positive if not strong global economic and market performance (2017, 2019).

crypto’s current boom is tied to a number of factors (in no particular order, lower btc trading supply, lower mining rewards/yields, emphasis on store of value, diversification from the stock market boom, institutional investment, USA fucking over our own currency, advances in use cases for crypto beyond price goes up). equities by-in-large have done well during the pandemic, so has residential real estate and precious metals

I still think the halving is by far the biggest factor.

Also a decent bounce back now with the mini crash last night.

NFI released guidance today. This is not one I had a sell order for, I am up nearly 55% in 1 and a half months.

Anyone who mentions the word electric....

at this point where do u start rebuys? i bought a bit at 37.5k, was going to sell at 41k, but held. now wish i had just dumped it.

but 25k? 20k? where does this slide go?

im fairly certain the slide rebounds quickly, as most large firms are still saying they're buyers from 100k-200k targets. yes, that means BTC 100k price still has large firm buyers.

next round of halving will not only cause a massive spike but also will start to fill out other coins imo that will also start their half life of reward incentives as mining continues to eat coins.

I REALLY wish i had respected halving as a long term market driver, i saw it as a short term spike. but i was dead wrong. as i see it halving causes a spike, the spike causes a meme upwave, the meme upwave builds a very real stable 3-4 month climb window. dont miss out next time, i wont.

This post was edited by thesnipa on Jan 11 2021 10:13am

Yo Btc fkin stop

30.7 gonna be here soon then I will panic sell at low of the dip