22 DEC 2017 - Ow

  • Want to keep track of this thread?
    Accounts can bookmark posts, watch threads for updates, and jump back to where you stopped reading.
    Create account
Leo Bonhart

Leo Bonhart

Words of truth are not pleasing.
True & Honest Fan
kiwifarms.net
Joined
Dec 7, 2016
upload_2017-12-22_17-58-47.png
 
Oh boy, I can't wait to hear how our favorite crypto day trader :ghost: fared this day.
 
I'm excited to hear about how crypto is dead because it retraced two weeks.
 
Some JERK said:
I've only been peripherally aware of the crypto-currency market, but did nobody see this correction coming? Really?
Click to expand...
Everyone saw it coming, the BTC charts were disgustingly green. The FOMO is unreal and unsustainable. The real question is if we enter a bear market for any real period of time or if we're just going to turn this weekly red candle green.
 
The recovery is on, but perhaps 'tis the proverbial beartrap before another dip.

Personally, I took advantage of Litecoin's speedy recovery to sell some and buy some still-struggling Monero. Time will tell...

Also today I learned there is a difference between 'Never invest what you can't afford to lose' and "Never invest what you're not prepared to tell your wife you've lost'.
 
CrunkLord420 said:
Everyone saw it coming, the BTC charts were disgustingly green. The FOMO is unreal and unsustainable. The real question is if we enter a bear market for any real period of time or if we're just going to turn this weekly red candle green.
Click to expand...

Could just be a bunch of selling at a high price, partly because the bubble is becoming obvious even to the suckers and partly, yanno, because it's CHRISTMAS and maybe people are buying stuff.

People should just ignore the day to day bullshit. It's meaningless.
 
AnOminous said:
Could just be a bunch of selling at a high price, partly because the bubble is becoming obvious even to the suckers and partly, yanno, because it's CHRISTMAS and maybe people are buying stuff.

People should just ignore the day to day bullshit. It's meaningless.
Click to expand...
yes good goy, buy those (((consumer goods))) and leave the coins to the cryptojew and cryptochinese.
 
expected. you don't go from 6k to 20k in a month without a pop. no clue why people are surprised. ride the waves fam

on the plus side, if people did kill themselves, that means their wallets are lost forever and BTC deflates more :thinking:
 
Last edited:
This shit is fascinating

Anyone has a good starting book on the finance market?
I want to know what a "beartrap" is
 
AN/ALR56 said:
This shit is fascinating

Anyone has a good starting book on the finance market?
I want to know what a "beartrap" is
Click to expand...
Sometimes, the price of stock will start to drop at a very high rate. This causes some people to sell off what they have. But the rapid price drop was only temporary, and quickly recovers. Thus, it is a "trap".
 
You must log in or register to reply here.
Back
Top Bottom