Member Info for lunq

Whenever I find a good investment opportunity, I just quietly keep accumulating at low prices with no desire to shill it everywhere, believing that the company will eventually succeed and naturally attract attention by itself.

It’s the Bankers who are currently responsible to help push up the Bitcoin price. Let’s not forget they are capable of making money on the way up and also on the way down. If and when they sell their Bitcoin spot holdings, they can easily enter a large short position. Mr Banker and Mr ****** who are both in collusion, then phone up media chums like Rupert Murdoch telling him to hit go with a string of preprepared FUD articles and broadcasts. Boom. That will mark the end of the bullmarket and beginning of the bear. I may be early on December theory but I won’t be wrong. (((They))) do not want the common man to succeed.

Likewise if they are publicly forecasting a Bitcoin price target of say $400,000, their private profit taking target will be much less, perhaps say $300,000, relying on laggards such as Sharon the receptionist and Pat the postman to buy into their sell orders (perhaps in Dec 2021... ;) )

ATrades, you back out again? lmao. You ought to change your name to AHold, and just learn to hold for a bit. Besides, AHold does sound like ******* which Im glad you admit thats how youve been playing it here ;) As for the rampers, I dont think anyone here on a regular basis consistently enthusiastic are the ones to be concerned with. Quite the opposite. Thats not to say I have any more respect for someone just because they're constantly banging on about how long they've been here. No one gives a **** really, we're all just passing through in the end. Anyway, good luck with whatever you're buying next, but I think you will regret not holding onto Argo for longer. I'm a bit drunk tonight so sorry for the ramblings, just monkeying around as usual.

lunq
xxx

Don you might have hit the nail on the head with the word “accidentally“. There’s a ton of resources out there and it’s possible to try and research every single company on the planet. But from my own experience, some of the best opportunities have appeared whilst not actively searching for them.

Keep your eyes and ears open and something will eventually appear. The trick is ignoring all the thousands of tempting opportunities that appear along the way. Most of them are not worth it. But it’s easy to convince yourself they are.

Your gut will tell you when the right opportunity appears. And when you find it, go in big. We won’t always get it right, but as they say: it’s not about being right or wrong - it’s about how much money you make when you’re right, and how much you lose when you’re wrong.

Personally I’m onboard the Zengah bus and rather journey to the moon with a bunch of bulls rather than bears. Take me there, Zengah, I have my ticket and won’t be moaning about today’s weather or delays in the timetable.

Mornington, you already sold after pooing yourself on the last BTC dip. Sad fact is many of you will never "make it" whether this cycle or next. Just the way it goes. And it's not through lack of intelligence like some might believe.

BTC currently on a red candle leading into the weekend which typically has lower volume and higher volatility. Update on Tether lawsuit also on the horizon. Prepare for trolls and bottomwetters next few days.

Boom boom boom.

ATrades, Probably in bed since you asked the question at 11.45pm. Sometimes, I wonder if you lot are actually being serious.

Loadsamoney

Herdie, I might be busy in the Bahamas with Albert, join us!

RookieInvestor, I hope Bitcoin goes up in a straight line forever, although I'm not sure if the markets will allow that. You mention gold another inflation hedge which entered a bear market in 2011 to 2015. Don't know much about gold but understand there was also money printing occuring at the time. Commodities tend to go through boom and bust cycles and if BTC is viewed as digital gold, then it may also follow similar swings like in the past.

Assuming that Bitcoin hits $250,000 or whatnot, not sure how much institutional demand there will be at those lofty prices. Firms have been buying heavily in the last few months, and at some point they will decide to take profits, and it's the big players that move the markets. In terms of December 17th theory, I wonder if the big whales were signalling within the charts or it was all merely coincidence.

Agree, there is supply & demand, and there's also buy low & sell high :) I guess we shall wait and see how it unfolds.

A few weeks ago I said although we were in the middle of a Bitcoin bullrun, it was possible to end sometime this year (based on Bitcoin's 4 year cycle)

The specific date predicted for when Bitcoin might peak before shifting into a bear market/new cycle was 16th/17th December 2021.

No one questioned this date, so I can only assume you were all nodding in agreement or just thought I was a madman making crazy predictions. Well it wasn't just a date plucked out of thin air, it was data taken from the Bitcoin chart:

If you add vertical lines on the 17th December for the years of 2017, 2018, 2019, 2020, the dates align with pivotal points marking various highs, lows and turning points for Bitcoin price.

If you don't have TradingView see the chart here: https://coinalyze.net/snapshot/4HrtVkxw

2017 was the peak
2018 was the bottom
2019 was the bottom
2020 was breaking the all time high

If you subscribe to Bitcoin's 4 year cycle theory, the next peak will occur in 2021. The questions is: will it be on the 17th December? History has a habit of repeating itself as they say, and I think there's a good chance.

I will be paying attention to the chart closer to the time, and likely taking profits, especially if the candles are completely parabolic and everyone is in a state of euphoria.

Whenever Bitcoin does peak, or if it does at all, I hope everyone has an exit plan/profit-taking strategy of sorts. The way Bitcoin dipped a few days ago should serve as a reminder that when she moves, she can move quickly.

Good luck all.

Albert, save me a seat, I want to join you!

Albert82, Surpised to see you here, thought you'd be busy snorting cocaine from a hooker's bum crack in your luxury private jet en route to the Bahamas where your 5th property is located. That's what all millionaires do isn't it? ;)

Exactly, Bitcoin is in a bull market, the trend is clear. Just need to buy & hold, chill, and grow some big balls of ice, man

Hopefully there will be no derampers tomorrow, would be silly to try and fight the trend. I got flak for calling them out lol, but im not gonna apologise for looking after peoples interests helping protect the inexperienced from having their money taken from them. Get rekt bears. You should never have left your spot in the queue. Bitcoin to the moon. Argo to the moon. And only people with big balls will make it. Good night.

it seems the cat's got nine lives

someone told me it was a dead cat bounce

momoni, exactly, in a casino you place your bets and can lose everything in seconds. With bitcoin...well just look at the long term chart, doesn’t look like it heading to 0 at any point. People have likened it to gambling but long term holders have been rewarded despite the ups and downs.