This is just straight up one of the most bearish HTF charts I've seen
Now usually I'd just be like "ah everyone is seeing this so it won't play out"
"Just a ploy to make people bearish before up"
But I'm not seeing any panic, no one is discussing this
WTF is going on
@donalt Don has moved to NZ which is known to be a safe haven in case of nuclear apocalypse. Hope that's not the reason he moved! youtube.com/shorts/O4hTo70…
What's the crypto scene in NZ like?
Anyone active in crypto over here that can give me the lay of the land on regulation, who and what is relevant, what policies looks like and so on?
@sunil_trades 1) Not paid
2) over 50k
3) identity verified but pending payment instruction submission. Stuck on verification with BitGo
Thank you @sunil_trades
FTX Distribution: Bahamas
FTX creditors in the Bahamas process are at various stages
1) Identity Verification: Many pending
2) Payment instruction: Submitted
3) Claim Settlement: Locked
Bitgo is the only distributor
Some claims <$50k were paid on 18th Feb
Please comment below:
1) paid or not
2) claim size range
3) steps ticked
@Cryp7o_Beacon@sunil_trades Great to hear you got your money back in Bahamas process. I’m also in Bahamas process but didn’t get anything back yet. May I ask if you were part of convenience class (<USD 50000) or not?
FTX Distribution: 2 June 25
~$5bn is due to be returned to FTX creditors today
Claims > $50k: $4.2bn+ to $4.6bn to large claims
After a long wait of 2.5 years
FTX was the 2nd largest exchange in 2022 and anyone that traded crypto in 2021/22 was exposed
$BTC
Above red box (71-73) giga bull continues
Above red line (68.5) is a bit of a toss-up
Below red line assuming down
Now that the daily closed there is technically a short setup on the monthly, weekly, and the daily timeframe
Bears got a chance but will they take it?
@Kiloconvert yeah lower support would make me come back to trading before my vacation is up
I'd really like to have a quiet few months though so not even rooting for it myself
People in my comments mega upset I'm just... not doing anything
Brothers, today is a day to celebrate, I'm happy for the market as a whole, the ETF being here is amazing news
I buy when the market is dying, you buy when it's doing well, both are valid strategies
Just... chill?
Never got so many messages asking how I'm coping on the sidelines
Brothers, the price is down $500 from where I sold, I'll be fine
Where were you when price was $16k?
@donalt Stupid question. How do you manage to sell so fast? Do you keep coins on exchanges? It takes ages to send BTC to an exchange from a cold wallet.
Fire sold a large chunk of BTC I bought at $27k into $37.5k here
Bought a way smaller position of ETH, could see that outperform for a bit even if BTC struggles given recent news
Feels like I squeezed enough out of this trade for now, could be a mistake, don't copy trade me
Which image is Earth, and which is Mars? One of the above images was taken by the robot Spirit rover while climbing Husband Hill on Mars. The other image was taken by a human across the desert south of Morocco on Earth
[source, read more: buff.ly/3jrqaMr]
@donalt I am completely shell shocked. I held all my investments there. I was all in USD waiting for the good moment to reinvest into crypto. Stupid of me to not return the money back to bank account. Got duped by all the sponsorships and media presence of FTX.
@Tradermayne Man I feel you. I had all my trading money on FTX and I lost it all. My net worth was reduced to 10% of what I had. I've been in this space since 2017 and now I am seriously considering leaving. I still can't process what happened.
Tough loss to swallow, I’m slowly coming to terms with it but it is not easy.
I did a lot of things right in the last 12 months, managed greed, took profits offline.
My mistake was trusting FTX with my trading balance, my biggest single loss ever by far.
I feel demoralized.