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Dontshort

BTCUSD: Post in 4 Words: Go long dont short.Hello my friends! This Post has four words: Go long dont short. (and ... MA 50 X MA 200 a dead cross is not always a dead cross). 😀 When I read @thecryer's post this morning, this 4-word post came to my mind. I think he writes very true words that we should all keep in mind. Well done. I quote him: ... -- @thecryer: "... - So what i want to explain clearly is : - Whales are just waiting for a big dip to buy your Bitcoins , they always cumulate BTC , they move them out from exchanges and keep in their wallets. no matter if BTC falls to 1000$, they will buy more. - TheKing is still Alive because Whales never dropped their BTC , they dropped a bit for living, but this new nerd generation understood about the meaning of freedom in the "Satoshi Whitepaper". - Most of the Whales are not driving a Lambo but drive a small car, they fly coach, they visit the planet, and they go supermarket like you and me. - Retailers try to win money in the Both Ways because they are just greedy, Long and Short BTC , the problem is when you Short BTC you don't have your coins... you have your "Short Contract" (x2 at least). - When you are shorting a disinflation technology, it means you are fighting with something made for a best future, less poverty, more equitability, better world for your family. - When you are shorting BTC you are taking the risk that the exchange you are using close or get a hack, you cannot move a contract in an hardcore Wallet, but if you buy BTC , you can move coins in your Ledger. - When you are shorting BTC , you own nothing. Not your coins. Not your Key. just the wind. - i hope this makes some people's open eyes about a greedy financial system. - Believe in TheKing! www.tradingview.com ..." -- Let's see what happens. Happy trading. 😀 BTCINVESTING -- PS: -- Post from Dec 4, 2021: "BTCUSD: And another bad news for bears: buy the dip!" My Post from Jun6, 2021: "BTCUSD: Another bad news for bears!" My Post Apr 15, 2019 (3 years ago!). I was one of the first btw. ;-) --
COINBASE:BTCUSDLong
by BTCINVESTING
98
Don't bet against this one...NYSE:AYX You wanns see a beautiful logarithmic channel, then look no further. If you make the mistake of charting this bad boy in "auto" mode, you could easily make the argument it has run too far too fast. but if you look at this thing the right way, it sure does look like a tough short to me. Even when it tops out at channel resistance it doesn't tend to fall back down to a midpoint or anything, it just kinda grinds on up. if you do want to short here, best wait until it drops below that midline. Even then it's a dangerous proposition. My advice? Look for basically ANY pullback, especially if it brings it back down to the 100-110 range, and then just buy. Don't wanna be the person fighting this mammoth trend. See the pic below for what this same chart and lines look like in "auto" mode. Learn that log button boys and girls!! Happy hunting and GLTA!!
ALong
by UnknownUnicorn1314136
2
Don't short sell your coins and stop a rally and be taxed moreToday has been a kinder day amongst the overall bear market ; however short term gains are all too often short term gains. Why? Short selling ; an indication of a lack of belief in the longterm performance of your investment. Short selling also changes the way you are taxed in the U.S. in a decidedly negative fashion. The tax authorities have made their intentions clear (while keeping their instructions vague - and they like to be retroactive. Especially here , in the crypto space. Smell fear?) to collect - noting that only several hundred people have filed in the past years pertaining to crypto. Cointracker.info and other such sites allow for the importation of .csv and also read only API's (which tend to convey more complete information, and be more accurate with crypto paired transactions.) for the more trusting among you. F.O.G.O. is just as dangerous as f.o.m.o.. Not a financial advisor. Caveat emptor
BITSTAMP:XRPUSD
by Cryptocautious