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https://advisor.visualcapitalist.com/psychological-pitfalls-market-cycle/
In the face of volatility, long term investors stick to their convictions and avoid making rash decisions
Having weathered the storm, rational investors once again see an attractive opportunity
Very good news indeed. We were already v profitable and will now be c 30% more so for no additional cost or effort.
The market will wake up to this at some point. Probably once btc recovers.
July numbers should be 200+ btc.
Hi Gatti
I only look in occasionally now.
I genuinely hope you are ok as you seem to jump from opposing POVs pretty regularly. And can seem quite stressed out at times.
Lockdown has been tough. Many of us have spent too much time in front of a screen.
I do not know you but mean this with sincerity when i say maybe take a break for a few weeks or so? Probably do you a bit of good.
ATB
RC
I rarely offer investment advice but this one time i will..
1. Mixing drinking and investing is a recipe for disaster
2. Alcoholism is not something to joke about. If genuine pls seek help and good luck. If not, well…grow up maybe
Thanks for this Pearls. Glad to see you are finally opening your mind ;)
Worth a watch with PW talking Nasdaq at min24 https://www.youtube.com/watch?v=wbXKfafiwNg
I think many found the rns today unclear but what is apparent is that PW def has a plan with Nasdaq and just cannot discuss the details yet.
In terms if the SP, well wow how oversold is this now? Huge buying opp for those able to be ‘greedy whilst others fearful’ - i know many on the discord group continue to add.
Btc generally does ok in July and it is very much looking like Wyckoff accumulation is very much still on + July hodl should be superb. Will we get one more btc drop into the 20s? Maybe but if so every commentator i see is suggesting a sharp bounce upwards to a new ath.
So whilst things are down right now, i am starting to feel like we are turning the corner. And someone has even promised to leave if we hit £2. Bring it on.
What we do know for sure is that the trolls will keep trolling to make up for the gaps in their lives, BTC will be volatile but is getting stronger every day, the mining council will finally put the false green issue to bed and ARB as a wider blockchain co in both POW and POS will become clearer in its proposition to investors.
Oh and the debt ridden unprofitable dog that is SGI won’t manage to sort their stamp NFT out ;)
likewise Kozzi
conquer trading and investing is good
then mango research is useful s long as you look longer than their ST horizon.
both YT channels.
then I just read them on Binance switiching between the 1hr, 4hr and 1D
Higher lows - 28.8 to 30 to 33k (assuming it holds)
And higher highs - 35.4 to 36.6 to...if above 36.6 then it looks good.
Indeed. Looking at the 4hr chart 33k or thereabouts is critical having been resistance and now support.
IF we hold this over the weekend IMHO it is game on for the next leg up.
ATB
It makes no difference what anyone posts here
Cryptolife clearly neither understands basic economics nor Austrian economics, and certainly not btc. That is fine, it is not our job to explain it to him. The realisation will come to him in the coming months and it will be years of living with it for him.
In the meantime, BTC will continue to flourish and grow. Whether via the mining council later today, the DE Specialfonds starting in this month, more countries adopting as a currency or greater Wall St investment. And of course Taproot in Nov will add further functionality.
And as sure as night follows day, as BTC flourishes so does ARB. With the CN ban our June and July numbers should be superb.
So I will ignore gotnolife et al and focus on what we have. We seem to have hit a real bottom at 120p. Diamond handed Argonauts and off we go again. Wycoff looks like it is playing out perfectly - we should know within 72 hours if we are in stage C of accumulation.
ATB Argonauts
RC
Misterbeck you have changed your tune somewhat eh? The below post of yours of a day or so ago hasn’t aged too well…
"Btc not at $20k"
Why so impatient. Like I keep telling you these things dont happen instantly the stock market doesn't work like that.
But don't worry, $24/$25k is firmly in the sights now and so too is $23k. Thats not just my prediction of course, but also JP Morgans very recent prediction. "Great minds..." and all that.
Misterbeck 27/6
"....the recommendations of a few reputable financial institutions such as JP Morgan". I assume this is sarcasm?
Lots of people talking death crosses and descending triangles but just as many talking Wyckoff accumulation and rising wedges.
So whether BTC has already hit its low or does go lower to $27 / $26 / $24k, one thing is consistent - most serious commentators and saying that after that it is upwards.
Couple of interesting links here from some technical experts for those with open minds...
https://www.youtube.com/watch?app=desktop&v=p0BOjSLy6Bs
https://www.youtube.com/watch?v=_oDTPXhg_WQ&t=12s
Belief is that this is related to derivatives only and that spot will be unaffected. Clarity to come but my Binance account working as normal personally.
May well turn out to be positive for ARB if we are seen as a ‘safe’ and regulated BTC play.
ATB
RC
Good afternoon Deborah,
To say it is somewhat ironic for you to entitle a thread ‘fake news’ and people ‘ruining this board’ somewhat understates things.
How is the NFT if your stamp going?
Oh right. Yeah thought as much.
ATB
RC
long so you ARE invested in GDR but NOT in ARB yet your ratio of posts in ARB to GDR is 3:1.
why?
thanks Peter, keep us updated. btw what are you thinking of having for lunch?
They tell me we test $30k.
If that breaks it could be $24/25K
If that then $20k (Maybe even $15k but I v much doubt that)
Could all be done by Jun / early July.
Then the bounce and $80k by Sep.
And $100k+ by year end.
It is why I am long (but not drlong)
Punter it means that you asked for a way to short BTC and Jay provided it.
So over to you...do you have the balls to actually do it? Or are you just a windbag? I have my opinion.
got the balls punter or misterbeck?
or just hot air?
yep thought so...