Official Bitcoin Thread

[smedroc]

Also, what's the plan for Sell in May and go away. I'm thinking to be in 40% stables by May. In fact, just not having a certain percent in stables at all times has definitly been a bad play.
I think the days of holding are done unless you got in at bear market lows. Regular profit taking seems to be king now.

I've never understood these pre-ordained sell off dates to be honest.

Market could nuke 50% in any given 48hrs so to me you just have to take it day by day, week by week.

I know there's a level of seasonality involved but it's not black and white with crypto.

Q4 isnt always bullish (2022) Summer months aren't always sell offs (Defi Summer) That being said, I would love if the trend remains bullish until then.

 

[Raji Lowenthal]

Musk really named his newly purchased government position after his meme coin ponzinomics is undefeated

 

[D Double]

I've never understood these pre-ordained sell off dates to be honest.

Market could nuke 50% in any given 48hrs so to me you just have to take it day by day, week by week.

I know there's a level of seasonality involved but it's not black and white with crypto.

Q4 isnt always bullish (2022) Summer months aren't always sell offs (Defi Summer) That being said, I would love if the trend remains bullish until then.

Must be the PTSD from the past few years as it kept happening, especially last year
Only problem is now if everyone is thinking of doing it then it will either get front-run or we will see a hated rally during summer with everyone on the side lines.

AI development won't pause for summer so it will still be good to have some exposure but man some coins that peaked in March last year are suffering now.

 

[smedroc]

All it took was the slightest hint that SEC wouldn't be picking up full court under the Trump administration and these ****** start drawing up the crime plays

 

[sharpshooter718]

All it took was the slightest hint that SEC wouldn't be picking up full court under the Trump administration and these ****** start drawing up the crime plays

I got a loan from coinbase a few years ago, utilizing my bitcoin as collateral...

This is not new, just a rehash of what was going on before the ftx debacle...

 

[smedroc]

Wen?

 

[ajiiiplatinum]

All it took was the slightest hint that SEC wouldn't be picking up full court under the Trump administration and these ****** start drawing up the crime plays

Isnt this why Celsius went bankrupt and why Gemini almost did too?
Loans collateralized by an unstable asset is no bueno. JMHO