I already said plenty of times there were much better opportunities elsewhere. Here is one from 2 months ago (when crypto clowns were starting to foam at the mouth and buying a tether pump). It is exactly the same setup as Bitcoin except with a much better entry, faster results, and a bigger target. It is objectively without the shadow of a doubt, 0 POSSIBLE ARGUMENTS, a much better trade. Yet I didn't hear any of these intellectual midgets talk about this.
If you are new you have an excuse, but otherwise if you are sticking with crypto only you are either participating in pumps and dumps or dumb money. From July to November 2018 there was 0 opportunities. The think-he-is-smart crew in crypto chasing high gains are risking a ton to make meh returns and those take forever.
I multiplied my money several times in 2018 and what did they do? Wait and hope, like the fin idiots they are. I am multiplying my money in 2019 ans what do they do? They had 1 trade in the entire 1rst semester and made 30% or some crap while risking everything. And what will the 2nd semester be? Slow boring consolidation most likely, maybe a weak uptrend. And then down we will go once again.
Smart people that look elsewhere have been getting returns for 2 years and meanwhile crypto clowns are still hoping and "later you will see". Every passing quarter we make more profits and the crypto clowns need to make even more to catch up. The gap grows and grows and grows. It started with them not needing a big bull market to catch up with us, but after 6 months they needed an incredible rally to make up to catch up with me, and after 1 year it was even bigger. In 1 years they are going to need the most incredible bull market mankind has ever seen to catch up. Keep believing keep waiting. Gamblers.
And about the pathetic clowns that tell you how incredible they are and got 99% winrate. If they are so good, why are they holding crypto?????? Please explain to me. If you are so good you can become the richest person in the world in a few years, even a few months. Even if Bitcoin went to 10 million in 3 years it would be a waste of money to hold for these crystal ball clowns.
Bitcoin is stupid. There is plenty of time to think about it really hard and come to the right conclusion and get out. There has been even more time to see reason than with MtGox before it got hacked. When this stupid hype scam - the pinnacle of the global stock market bubble - goes to zero, you will not have any excuse.
When it hits the fan, the most stupid speculative assets are the first ones to go down.
Will there be more bubbles? Yes, probably. Will there be more sharp rallies? Yes, probably. But will it stop this from going to zero? NO, not a chance.
Keep your eyes open on Japanese casinos. When they open... Bitcoin is taking a nose dive. TO ZERO. Sit and watch how NOT A SINGLE BILLIONAIRE "buys the entire supply" just like EVERY SINGLE TIME before, when a worthless pos went to zero and novice bottom feeders were saying "impossible a single billionaire will buy the whole supply".
Even bigger than casinos would be online casinos being made legal in Japan. Casinos slowly being constructed would mark Bitcoin slow death. But online casinos being legal would make Bitcoin isntantly nose dive to ZERO. Negative sum game. Hundred of millions of baggies can hold and never sell it will still go to zero. Not even 1/10th of its market cap can be cashed out.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.