/biz/ - Business & Finance

When I think Bitcoin should go up, it goes down.

When I think Bitcoin should go down, it goes up.

When I think Bitcoin should hit X price in the hour, it hits X price and over-shoots it by $1000+ but it goes back down to the price I assumed it should have been at, so I was actually right all a long.

I have noticed the price action on the chart lies, it paints signals that are bearish, and the pumps, it paints signals that are bullish, and then dumps, and then it actually reverses (maybe 1-2 days later) and does what it was supposed to do originally - making swing-trading very painful, as you may end up panicing out of a trade you think is going bad, when infact your trade will work out the next day, its just currently not doing what it should have done, but it will actually do what it should have done, just later on....after its done liquidating a bunch of people first.


With that said, the only real option is to HOLD and wait for the long-term, but the long-term might not even play out, many people bought Bitcoin 5 years ago are still at a loss today.

Dont think I forgot all the fucking bulltard posting about MUH RATES WILL NEVER GO UP AGAIN

Shut the FUCK UP you FUCKING CUNT.

SO WHAT THE FUCK ARE THE RATES TODAY FUCK SAKE THESE BOOMER CUNTS TAKE SO LONG

recovery to $21000?

They bought crypto like me, but they only went in with like 20% of their cash savings, so they still have hundreds of thousands in the bank and are comfortable enough to hold through to the next cycle.


Meanwhile I went in with 95% of my savings and only have a few grand left in the bank.

>>49527354
>you’re over 50, adam