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File: 1.01 MB, 1440x564, BAKKTICE.png [View same] [iqdb] [saucenao] [google]
10646435 No.10646435 [Reply] [Original]

Let me explain to you what happened.

1) Whale leveraged the SEC ETF decision delay to dump and drive the price down

2) People get scared and this causes a chain reaction

3) Whales buy at the bottom, which triggers an upswing. "muh day traders" get fucked or suffer anxiety attacks, holders come out neutral, and whales win (just live in every economy)

4) TIME-WISE, WE ARE HERE

5) We see recovery to maybe 7k or so.

6) ETF announcement by SEC gets delayed, AGAIN. This is obvious to anyone who actually follows the news, but the whales will ONCE AGAIN use this as an opportunity to take a massive dump.

7) This is when we see 5k, possibly below 5k.

8) November. BAKKT is released. Crypto skyrockets.

Right now you have 3 choices:

1) sell and leave crypto, and be like the guy who sold all his bitcoin for 12 dollars and be bitter the rest of your life

2) Try to day trade and short and long like a fucking idiot and be at the mercy of whales and unpredictability the world has never seen before. Quick investment lesson: options trading is for traditional investments because they AREN'T volatile ENOUGH. You're supposed to be adding risk to non risky investments, not add risky to the riskiest, most insane investments. I have a theory that a lot of the shorter/long idiots here are paid shills by these new crypto leveraging companies... You'd have to be a fucking idiot to play options in crypto.

3) Hold and win.

BONUS) crypto actually goes to hero and we all kill ourselves.

THE CHOICE IS YOURS.

>> No.10646454

one day I had many money and now it dumped 20% of my portfolio I'm all in ethereum
I'm not selling no no noo

>> No.10646470
File: 653 KB, 1316x1236, 41E4D5D0-6CAD-4A8F-8EDB-A565800F7E9D.jpg [View same] [iqdb] [saucenao] [google]
10646470

>>10646435

>> No.10646476

this is probably the main strategy
maybe if we push the meme they're going to deny the ETF hard enough and people dump they change their mind so holders get their returns sooner

>> No.10646482

Bakkt will not have a positive effect for a couple of years post-launch.

HFT's will slaughter almost everyone who's day trading.

>> No.10646503

>>10646435
>Market manipulation at it's finest
stopped reading there.
>bagholder-bingo.jpg

>> No.10646508

when do we see 20k again my guess is next april

>> No.10646558
File: 594 KB, 1316x1236, BEAR SHILLS.png [View same] [iqdb] [saucenao] [google]
10646558

>>10646470

>> No.10646607

>bakkt brings us the moon

It hasn't even been a week yet and this meme is already tired and dead.
Bagholders always need a moon mission riiight around the corner to bring them back to green and justify sitting with a thumb up their ass while their portfolio bleeds. It's literally only an announcement and a webpage with nothing concrete or noteworthy, but bagholders have already hyped it up to be the messiah event that will turn them into millionaires in their heads.

>> No.10646620

It'll be delayed until February or whatever the final deadline is. They've been doing this for every ETF, why would this be different?
I think we'll be stuck in depression until then.

>> No.10646703
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10646703

>>10646470
>>10646558