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@BitQua

Bitcoin — Class of 2013

Massachusetts, USA Katılım Ağustos 2021
2.6K Takip Edilen103.3K Takipçiler
Mike Alfred
Mike Alfred@mikealfred·
Capitalism is the best economic system ever created to drive human flourishing and prosperity.
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BitQuant
BitQuant@BitQua·
@Wayne0708 I remember those days as well. People were also saying there would be hunger and that everyone would exchange their savings for food.😁
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さとし ⚡️ サトシ ∞/ 21 M
@BitQua Same narrative during the COVID low. No way the market could go up when all businesses were closed. I remember the sentiment exactly, it was really bad and scary that someone with a right mind would not think about investing
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BitQuant
BitQuant@BitQua·
Today Bitcoin is at $73K, up 21% from its bottom. Many are still not buying because they are being promised lower prices. The narrative suggests that wars - which can disrupt the transportation of real estate, luxury cars, gold, and oil - will also cause deflation in Bitcoin. They probably forgot that Bitcoin cannot be blocked, destroyed by missiles, stopped at border control, and that transporting it is costless.
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BitQuant
BitQuant@BitQua·
Very true. This might be the most important thing I’ve read on X in recent months. What you’re saying contains all the information needed to be extremely successful in the coming months. If it was …, then it would be… If it wasn’t …, then it wouldn’t be… If it wouldn’t be, then …
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BitQuant
BitQuant@BitQua·
@MathewP91825 FOMO begins only when everyone - absolutely everyone - agrees that the bottom is in. In our case, the bottom cannot be confirmed with certainty until the price reaches $120K.
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MathewP9 🍅
MathewP9 🍅@MathewP91825·
@BitQua For that parabolic effect, FOMO is the only way? What is going to be the catalyst?
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BitQuant
BitQuant@BitQua·
@BorisJohnson It’s scary that politicians with such analytical skills are making decisions for entire nations.
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Boris Johnson
Boris Johnson@BorisJohnson·
I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right. mol.im/a/15643681
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BitQuant
BitQuant@BitQua·
@nemcekse Leverage trading designed to wipe out those who use it. The rest you can guess.
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seb
seb@nemcekse·
@BitQua Would he long or short?
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BitQuant
BitQuant@BitQua·
When you’re unsure how to act, ask yourself, “How would Jesus act in this situation?” That’s all the guidance you need.
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BitQuant@BitQua·
I saw a post and took a screenshot of it. It was recommending buying gold above $5K and said, “It’s very smart to buy a flying rocket because it’s already flying.” It had thousands of likes. I guess this logic is very popular - that’s why buying something 200% above the bottom often feels more attractive to people than buying it 50% below the top.
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Krzysztof #BTC
Krzysztof #BTC@Krzyszt40559764·
@astronomer_zero Imagine Bitcoin drops 50%, yet people still refuse to buy. Instead, they wait for $30-40k, convinced they can outsmart the market. Greed pushes them to want more. The problem is, the market teaches humility fast - usually when they least expect it.
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Astronomer
Astronomer@astronomer_zero·
Funny how the bears are covering themselves now. "I expect sub 50k, but... I'm buying though" Trying to blur their calls with actions. Just because price is up now. $BTC bottomed, and Astro told you. Trust the light in the dark.
Astronomer@astronomer_zero

$BTC Why we won't go below 50k I will keep saying it, $BTC is not going below 50k. If you want to keep making money, you instead trade the range, take more longs than shorts (we took 4 longs, 2 shorts so far), and you attain a bullish bias. I gave you the production cost as a reason for a bottom, gave you the buy model, gave you the purple zone and the high timeframe silver pocket, as well as more confluences, to call the bottom on the very day it happened (Feb 6th), and now we simply use that bias to ride out longs up. Will I short 73k? It's still my plan, but not in a perma bear "I expect 50k" way. I need serious confirmation, because it's possible a lot of people try to short this, and then that is fuel for higher. So I will just look for a short through a critical lens. So natural focus is to stay bullish and use the short which acts as a hedge, to not be arrogant, and to not think the market always does exactly what I predict. It does that around 90% of the time, yes, that is one of the highest on all of X (in my personal life, I know two more accurate predictors), but regardless, it's not 100%. Either way, the bottom call is working out so far, we are seeing that move where I expect many to fade it. Let's see if that is actually such a good idea, "blindly shorting" this move up.

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