Why didnt u sell on top? 📉

All I am seeing is some old man talking about raising taxes.

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45K is the next important price level. If it goes below, then 10K isn’t out of the question. If it can bounce off 45, then who knows.

Gaps always fill.

cme_gaps

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LOL. That’s funny 


Use a volume profile study. It shows gaps pretty clearly. Make sure to use an appropriate time frame, which can be a bit subjective.

What’s especially hilarious, aside from calling it a “small” correction when this level of drop in a national currency would be a crisis resulting in a change in government, is that calling it a correction means that this is bitcoin dropping from a bubble price back to its actual value. So the fanboy is explicitly conceding that their claims of future price increases are false because bitcoin’s real value is less than $50,000.

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ah ah ah.
No.

trading is not rocketscience. buy when something is unpopular and cheap. sell it when its popular and expensive.

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Most trading is a lot cheaper than Rocket Science.
You can look at $1 billion up for research.
India made it for less.
The problem is , research doesn’t always work.
They were better and/or more lucky and found out for less,
or, as if perhaps the case, someone gave them the research for less,
such as may be the case of an ally, sharing their work ,
or, perhaps, and this is more probably,
India had scientist working in the US and/or Russia, and used the science from there to implement their research.

Also, market is either bull or bear.
If you buy Bear, you can’t sell it for more.
You can use it of course, however,
it’s more cost efficient to produce it for sale at bear market value than to buy it.

You can it when at Bull market, which happens only when someone makes a large sale in volumes of items.
Then, the market goes to Bull value, which Bull value cannot be lower.
It’s the most cost-efficient possible, even if you sell it back to bull value.
In other words, you really can’t lose much,
unless what you bought is captured by another entity, such as an enemy army.
In the case of allies, it’s different, because, if they’re ally, they may help you from the resources you bought at bull market value.

On the other hand, if they commit treason against you, it’s a new enemy.

So yes,
producing items to place on the market costs more than buying bull , however, there is a cost to open a company, which is higher than the bull cost.
For that reason, it maybe more cost-efficient to pay the business cost instead of opening the business or company back again.

That’s cute. :slight_smile:

I do hope that BTC holders do not lose out, I really do. IMO there are much better and reliable ways to make money in the market with above average returns with far less risk. Investing and trading is all about managing risk. Manage risk and the profits take care of themselves.

BTC is high risk, any way ya slice it. Just be careful.

Its like hoping that most of gamblers will not lose. But for one to win something big, many need to lose something.

That’s true, hence the concern.

That’s called Zero Sum game.

In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which each participant’s gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants.

### Zero-sum game - Wikipedia
https://en.wikipedia.org â€ș wiki â€ș Zero-sum_game

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In this case, it may apply to certain level, however, due to encryption concerns, and communication gap created from those encryption, a lot of those concerns will be in courts over it, which courts also do use encryption too, which is why my programs have a case.

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image

I invest in it because I understand the tech behind it and clearly see where this is going. It’s not the only crypto asset I have, but the one I’m extremely sure of will stick around. As with ever investment there is a risk I can lose money, but no risk no reward.
So far I’m up 500%. I’m not complaining. I just enjoy the jealous tears disguised as gloating of the idiots who think it’s a ponzi scheme :rofl:

Good :slight_smile:

I think “Greater Fool” is the right expression as opposed to Ponzi.

That may be accurate for stuff like Dogecoin where there are not only zero fundamentals, but the whole thing is basically a joke with endless inflation. This may be fun for some degenerate gambling, but that is essentially where it ends.

Bitcoin on the other hand has the most decentralized network that already provides a reliable store of value as utility. It has the age now that it becomes interesting to classic investors, institutions and companies since it has proven to stick around. Also it is extremely uncorrelated to other assets, which makes it an ideal candidate for diversification. And it’s a very nice hedge against unchecked money printing and just inflating the dollar value away. This alone is already a very bullish case, and that is just the utility it provides right now.

It is expected to have a lot more utility in the future. Since we have now a completely electronic, programmable and decentralized asset, you can use this to back all sorts of other applications. It doesn’t even matter if it’s volatile for most applications. There are companies that are already starting to use the Bitcoin L2 to move value around the world with instant settlement at almost zero cost. And no one is walled from this technology, you can just pick it up and have instant access to the most efficient and fast banking backend on the planet.

I hope I made my case that I don’t just ape into this. I was running a full node and reading about how it all works months before I started to buy my first bitcoin, and I slowly dollar cost averaged in over the bear market. I invest in this long term. I don’t even care if it crashes in the short term, I’m convinced it performs well in the long term.

Wow, that image must’ve been so offensive that I lost 20 friends in 10 minutes after posting it on Facebook.

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