Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
https://beincrypto.com/bitcoin-swings-affect-broader-market/
@highveld
Again - uneducated post from you trying to twist BTC performance in a short period of time to suit your deramping narrative. I’ve already explained - BTC dominance ebbs and flows in a bull cycle with alt season subsiding eventually and money drains out of them and into BTC. I won’t be replying further as you have a clear agenda and that is to spread FUD.
@highveld
You’re a regular troll on this board from looking at your post history. Your last post is just plain uneducated and incorrect - BTC is the reserve currency of the crypto eco system and as such will continue to dominate. Altcoins come and go with the pattern in every bull cycle for them to rise up followed by BTC shooting up as money flows out of alts and into BTC.
Get your facts right before attempting to post a dumb deramp.
https://www.cryptopolitan.com/institutional-investor-stakes-20m-on-btc/
@drlong, @pearls, @bucket, @saby16 & numerous friends wake up for the night shift:
https://youtu.be/ITSW9QTBAlw
https://cryptopotato.com/4-signals-that-the-bitcoin-crash-might-soon-reach-a-local-bottom/
When this board is functioning at its best like this morning, it becomes what it’s meant to be - a place where genuine investors can share thoughts, relevant ARB info and links to external sources free from trolls.
Have been looking into PW’s background and it’s no coincidence that his marketing skills will translate into some exciting, slick promotional material for Argo moving forward. Also I noticed from the Q&As that he is very aware of the importance of timing therefore he’ll announce Nas listing when it will have most impact rather than in the middle of a Musk BTC psychodrama.
For those that missed my post yesterday see below. It might not happen but maximum pain price was a reliable indicator last month when BTC settled at $54k making billions worth of options worthless. So far it is playing out this way. No one person is bigger than BTC, am bored of Musk focus.
FYI
There are four upcoming options expirations from now until month end including today (17th, 18th, 21st, 28th). Below is the BTC price level that whales will steer it towards if they want to inflict the maximum pain on both longs and shorts:
17th $45,000
18th $45,000
21st $50,000
28th $54,000
The trolls know the content of their posts are complete garbage, their aim is that genuine investors reply to the thread so headlines such as “huge crash today, yikes” “bloodbath”. “Don’t trust PW” are then plastered all over the board for new investors to see. By that stage their work and the damage is done.
I actually do think that these idiots are so delusional they genuinely believe they’re controlling the market SP by spreading FUD on public forums and have the power to make people scared and sell their shares when nothing could be further from the truth. I think I speak for most when I say we regard them as pathetic, sad losers.
My approach when I see a troll post is to ‘report post’ for disruption to the LSE administrators who will remove it if enough people do this, then either filter the troll or if they’re lying, create a new thread with a positive headline to pull them up on this.
@JTF
Perfect, well deserved. Always appreciate both yours and RC’s posts - level headed and focus on the bigger picture. Hope you win though am not sure teaching @saby16 spelling and grammar lessons is a prize or punishment. :P
FYI
There are four upcoming options expirations from now until month end including today (17th, 18th, 21st, 28th). Below is the BTC price level that whales will steer it towards if they want to inflict the maximum pain on both longs and shorts:
17th $45,000
18th $45,000
21st $50,000
28th $54,000
It’s my birthday today and the CCA signing was the perfect present. BTC will break to the upside at some point so ARB perfectly poised to benefit. Institutional investors, Pluto IPO, upcoming Nas listing, BTC breakout - lots to be positive about. Have a relaxing day all. Z
Patience now key.
Institutional funds are coming on board which will strengthen the holder base vs weak handed impatient PIs. Short sellers can continue to target the SP but if no-one bites and panic sells then it will just spring back at market close.
Daily SP fluctuations are irrelevant to me as I’m not day trading. Just sat on my hands hodling and at some point BTC will leg up. I don’t need the capital so no rush. Someone mentioned we have a double bottom, am sure they meant the BTC chart and not a couple of trolls.... :)
GLA
P.S. come back @albert !