The weak hands have been shaken out. Prepare for the explosion.
Updated
Price barely dips and I'm seing a truckload of short ideas, and bears calling for zero. "This is it coinbase is exit scamming". They will never learn.
It's always the same story.
I always hear the same things over and over, endlessly.
Not trying to brag, this is why I knew for a fact this 2019 pump was most definitely NOT the "return of the bull market".
The relieved risk averse & loss averse bad unskilled traders sighed in relief and laughed at me for "denying the bull market which is clearly back".
And then the high winrate average down gamblers sold at the bottom when the price went back down. And missed the bull market.
And now that:
- The LOSS AVERSE bears are desperate and close to vomiting everything
- The RISK AVERSE bulls that recently bought and were preventing the price from going up got wiped out, especially the high leverage ones (doesn't take a lot of capital to affect the market if they all go 10X)
Well not much stopping the price now is there?
We also are seeing, just like in Q4 2017 & June 2019, the braggers. They all arrive at the same time. When we enter euphoria.
I go "Let me guess your goal is to make 10 million and retire?" "Yes how did you know?" Wow didn't see that coming... They are all clones. They brag, having no idea how close they came from being another suicide story.
UK polls... what was it again? 1/3 of citizens said they missed the boat on crypto? I've heard that so many times. And many end breaking.
"I am watching sidelines". 2 months later "ALL IN". The market finds their breaking point, when regret gets too intense and they can't take it anymore.
I remember a bragger that reached the bitmex leaderboard, that didn't last long... They always seem to mistake luck for genius and double down.
No one ever goes "ok I made my money I am taking my profits and leaving the table" naaah they always come back and lose it all.
It's all so repetitive. Regret, Fomo, Braggers (I am the master a legend I made that much), Hopers (I will scalp my way to making 10 million and becoming a parasite to society), and the constant loss aversion & risk aversion.
To imagine there are weirdos out there that buy at 10k then the price makes it to 60 and they leave a stop at 10k "free trade". Makes so much sense.
Literally this means they are willing to sell when down 85%. They'd risk the first 55,000 but certainly not the last 10!
It really all is about NOT LOSING. Prey instinct. Makes sense, losing = dying. I prefer to be the hunter and focus on WINNING (BIG) rather.
Muskrats, toads and crayfish do not interest me, I'm going for the big game. And if it gets away, I'll hunt another one and will have forgotten about "my loss" the next day.
This price man it spent 2 months around my entry zzzz.
I am so sick of these useless regulators I could have just been in my position since 12k and just progressively added if they did not ban crypto to "help".
Useless hindsight clowns as usual.
But after a long 2 month wait this I think is it, finally. Lots of chopiness like a mini bear market, ending in wiping out the weak hands holding the price down.
Now we just need for bears to capitulate and braggers to do their magic. Especially 18 year old Erik Finmans that give investing seminars.
Braggers are like early victims of a ponzi, they are the ones that get all excited and scream "I LOOOOOOOOVE BITCONNNECCCT", attracting new victims.
I am very confident Bitcoin skyrockets to 250k. Possibly by june even.
I bought more on this dip.
It's always the same story.
I always hear the same things over and over, endlessly.
Not trying to brag, this is why I knew for a fact this 2019 pump was most definitely NOT the "return of the bull market".
The relieved risk averse & loss averse bad unskilled traders sighed in relief and laughed at me for "denying the bull market which is clearly back".
And then the high winrate average down gamblers sold at the bottom when the price went back down. And missed the bull market.
And now that:
- The LOSS AVERSE bears are desperate and close to vomiting everything
- The RISK AVERSE bulls that recently bought and were preventing the price from going up got wiped out, especially the high leverage ones (doesn't take a lot of capital to affect the market if they all go 10X)
Well not much stopping the price now is there?
We also are seeing, just like in Q4 2017 & June 2019, the braggers. They all arrive at the same time. When we enter euphoria.
I go "Let me guess your goal is to make 10 million and retire?" "Yes how did you know?" Wow didn't see that coming... They are all clones. They brag, having no idea how close they came from being another suicide story.
UK polls... what was it again? 1/3 of citizens said they missed the boat on crypto? I've heard that so many times. And many end breaking.
"I am watching sidelines". 2 months later "ALL IN". The market finds their breaking point, when regret gets too intense and they can't take it anymore.
I remember a bragger that reached the bitmex leaderboard, that didn't last long... They always seem to mistake luck for genius and double down.
No one ever goes "ok I made my money I am taking my profits and leaving the table" naaah they always come back and lose it all.
It's all so repetitive. Regret, Fomo, Braggers (I am the master a legend I made that much), Hopers (I will scalp my way to making 10 million and becoming a parasite to society), and the constant loss aversion & risk aversion.
To imagine there are weirdos out there that buy at 10k then the price makes it to 60 and they leave a stop at 10k "free trade". Makes so much sense.
Literally this means they are willing to sell when down 85%. They'd risk the first 55,000 but certainly not the last 10!
It really all is about NOT LOSING. Prey instinct. Makes sense, losing = dying. I prefer to be the hunter and focus on WINNING (BIG) rather.
Muskrats, toads and crayfish do not interest me, I'm going for the big game. And if it gets away, I'll hunt another one and will have forgotten about "my loss" the next day.
This price man it spent 2 months around my entry zzzz.
I am so sick of these useless regulators I could have just been in my position since 12k and just progressively added if they did not ban crypto to "help".
Useless hindsight clowns as usual.
But after a long 2 month wait this I think is it, finally. Lots of chopiness like a mini bear market, ending in wiping out the weak hands holding the price down.
Now we just need for bears to capitulate and braggers to do their magic. Especially 18 year old Erik Finmans that give investing seminars.
Braggers are like early victims of a ponzi, they are the ones that get all excited and scream "I LOOOOOOOOVE BITCONNNECCCT", attracting new victims.
I am very confident Bitcoin skyrockets to 250k. Possibly by june even.
I bought more on this dip.
Note
Retail bears using this random trading strategy called technical analysis are going to see a magical pattern and get trapped. maybe.Note
A failed bear break and already they started to celebrate.Wow didn't see that coming.
They'll never learn, they're the same people in 2018 that were saying the bull market was back each time they saw a green candle on the 1 hour chart, then got humiliated, I have not forgotten you know who you are.
Note
Maybe it repeats something like this.It could have bottomed already, or bottom on 43000, or bottom on ~40k, or at worse 30k.
Expecting it to go vertical eventually, up to 250k then they'll be no support from 250 to maybe 50k and we will see a quick 80% crash, which will only be wave A, then a very slow boring wave C to zero.
My view until new order.
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