Went all in. $500k on Nov 12th.

[Anonymous No.52460745]

$500k 90% on BTC @ $16,800 per coin.
10% will invest on a niche altcoin with a high probability of 100x in 2024/2025. It has low liquidity atm. Hoping to accumulate 1% of the supply today/tomorrow.

from bear --> bull

Reasons why I went all in:
The reasons why I bought on Nov 12th are:

>> 1. 1 year from previous ATH.
>> 2. Bitcoin rainbow chart says firesale. .
>> 3. Crypto Fear and Greed Index:

Historical Values
----------------------------------
Now. Extreme Fear. 22
Yesterday Extreme Fear. 21
Last week Fear. 40
Last month Extreme Fear. 24

>> 4. Bitcoin is already 76% down from the previous ATH.
>> 5. Bitcoin Miner Sell Pressure tracker indicates an extraordinary selling activity from miners. They are selling more than they have in almost 5 years!

[Anonymous No.52460922]

Which alt?

[Anonymous No.52460941]

>>52460745
Miners selling more than ever

This isn’t good retard

[Anonymous No.52461038]

>>52460745
Impressive.
But miners dumping all of their Bitcoin for cash to survive is pretty bad because it creates downward pressure on price for a sustained period.

I know CORE SCIENTIFIC sold nearly all of their 10,000 BTC between July and October. They're on the verge of bankruptcy and have already defaulted on some loans.

Marathon Digital Assets is the next larger HODLER with 11,000 BTC and they promised not to sell as long as they can, but if the prices continues to stay depressed, they will have to sell some to at least pay their monthly operational expenses.

I think we're very close to the bottom Bullbro, so if you can hold through some pain, you will definitely be very successful at the time of the next halving.

[Anonymous No.52461113]

>1pbtid
Based retard.

[Anonymous No.52461139]

True gigachad traderspivot from BTC to alts once the run starts.

[Anonymous No.52461163]

>>52460745
>from bear to bull
So here's the deal buddy you're going to lose every penny because I'm the one who decides the price of Bitcoin.
>clicks heels
Down to 11k tonight watch.

[Anonymous No.52461164]

>>52460745
It's unironically different this time. This cycle will be weak unless the fed pivots early

[Anonymous No.52461186]

>>52460745
I hope it works out for you anon.

[Anonymous No.52461188]

>>52460941
this
also using 1 year from previous ath as a reason shows you are a crypto tourist from latest bull run.

have fun!

[Anonymous No.52461195]

>>52461164
it really feels that way but man I hope OP is right

[Anonymous No.52461201]

bitcoin is literally worth less than a red cent

[Anonymous No.52461318]

The world is in the worst macroeconomic conditions ever, not in decades, not under some odd conditions, in FOR-EV-ER. Almost no liquidity in treasury AND corporate bond markets while every major company is laying off or freezing hiring. Corporate and household debt is atrocious and you think your hard drive silly putty coins are going to be coveted in the coming months huh? The FTX fallout hasn’t even begun yet: it’s not in any institutions’ interest to panic dump, they are spoofing and using a myriad of techniques to hold steady for a distribution cycle as long as possible to hopefully cash out to as many naive bull baggies as possible. I truly wish you luck if you genuinely don’t know better, and I wish misery upon your soul in the (most likely) case that your here to convince others to buy digital play dough sea shell currency hoping for some kind of ‘bull run’.

[Anonymous No.52462294]

Im planning on buying 500k around a $3500 btc when the gap closes

[Anonymous No.52462307]

Should have waited for crypto dot com and binance to collapse first

[Anonymous No.52462345]

>>52462307
crypto.com will bring us to 10k BTC, Tether imploding will be what fills the cme gap at 3500

[Anonymous No.52462493]

>>52460745
>>52460922
VINU, you know it, he knows it

[Anonymous No.52463192]

OP is going to make it

[Anonymous No.52463231]

>>52460941
The miners selling off are miners that cant make profit now, aka little fish and they are irrelevant.
The big miners have enough cash to fund their operation for the next 5 years without having to sell any bitcoin.

[Anonymous No.52463241]

Canto

[Anonymous No.52463290]

>>52462294
well this is exactly what im doing

[Anonymous No.52464279]

>>52461164
>>52461195

can i just ask why does the fed NEED to pivot for anything to happen?? you understand that the entire point of QE was to SUPPRESS volatility in the market as a result after the 08 gfc occured. Everything that the fed has been doing the last 10+ years has been artificial the fed stopping the money printing should be the most bullish signal ever because it means the market can finally think for itself instead of being fed through a tube like we are so used to.

[Anonymous No.52464510]

based but should put some of that BTC into ETH

[Anonymous No.52464540]

>>52464279
The point of QE is to steal goyish wealth via the Cantillon Effect and fund wars to launder that money. I'm sorry I don't know where you went to school or came from but you need to back.
> to school?
> to where I came from?
Just get in the trunk.

[Anonymous No.52464553]

>>52460745
You could buy 4x the amount of bitcoin next year when it goes to $4k you retard

[Anonymous No.52465012]

>>52460745
Dangerously Based, bobos seething

[Anonymous No.52465034]

you wont get any new info from this thread. we're all scrambling to understand whats going on. my personal assessment is that you are going to make it.

[Anonymous No.52465228]

the final destination is 10k
anyone claiming anything below that is mentally ill

[Anonymous No.52465243]

>>52460745
lol youre fucked
>>52465228
/thread

[Anonymous No.52465299]

>>52465228
It can easily dip below 10k, even last bear markets had another leg down of 50%. So from sub20k we end sub10k. Get fckn destroyed you pleb

[Anonymous No.52465302]

meds mumoid

[Anonymous No.52465323]

>>52460941
>Miners selling more than ever
>This isn’t good retard.
Mining was never a forever thing, retard.
There's 21 million bitcoin, Won't be any more regardless of how much you mine.
You niggers really don't, still don't, understand crypto.
Your Fudd is fucking ridiculous and honestly dishonest.
Mining was never a forever thing.

[Anonymous No.52465335]

>>52461038
>But miners dumping
21 million and not a bitcoin more, fucking idiots.

[Anonymous No.52465338]

>>52465228
7.1k is the ultimate final omega destination anyone claiming above and below that is braindead

[Anonymous No.52465345]

>>52465034
>we're all scrambling to understand whats going on
Because you're all stupid.