BTC went from .00000001 to 27k, then to 3k, then to 75k.

the last winter was a drop to 1/9th of its ATH. not sure why people are sweating so much at this 75k to 28k drop. we were LONG over extended anyways, and the big whales decided to short BTC and hold their actual coins. so the over extended market has gotten a nice drop. if they want to pump it back to a new ATH once their shorts die, they will. if they want to crush it down to like 10k they will. then rebuy and my opinion is the next bull market is going to be a LOT faster than the 3k>75k in terms of % gains per month. but who knows.

anyways i have a HUGE trade locked up on my flip portfolio that i'll just hold for a long as time. and my long portfolio wasnt supposed to be touched for 10 years or more anyways so idc.

Imagine being so confident yet so clueless and wrong

Ummmm.... u mean like what you're doing now? Lol

All investments that are even slightly risky are tanking.

Crypto still has no use case and does not generate revenue.

there are literal countries running on the blockchain tho.

quite the opposite. welcome to world of investing



oh dear

BREAKING: 🇨🇳 Shanghai High People’s Court has declared #Bitcoin is a legal virtual property protected under Chinese law.
https://mobile.twitter.com/WatcherGuru/status/1524570842637742082



Today, $ARKK and Cathie Wood bought 521,000 shares of Coinbase, $COIN.
https://mobile.twitter.com/unusual_whales/status/1524577661984681985


💥BREAKING: Brazil’s Nubank just bought #Bitcoin for its balance sheet with 1% of its treasury.
Warren Buffett is a shareholder in Nubank.
https://twitter.com/btc_archive/status/1524444596603871233?s=21&t=CqH_tavvoCxFhowweTud-g


BREAKING: 🇦🇺 Australia’s first ever #Bitcoin & #Ethereum ETFs are officially live.
https://twitter.com/WatcherGuru/status/1524662325021716481?t=rHcY6PlMM0n8h1AG5QOx3w&s=09


whales bought 4.5 billion USD in btc in last 48 hours.
fuck it, imma listen to obese village guy instead and leave crypto as it's tanking and doesn't generate revenue.

This post was edited by SylvesterStallone on May 12 2022 12:12pm

We aren't talking about if bitcoin is a good investment. We're talking about if there's market manipulation, remember?

Whether you like it or not bitcoin and all of crypto is a speculative and non-revenue-generating asset, so it's going to go down in environments like the one we see today. High uncertainty and rising interest rates kill those types of investments in the short to medium term. That's just life. Nothing goes up all the time.

See, this guy knows what he's talking about.

Sylvester and Melatonia get mad at me a lot for saying very basic facts. I'm used to it.