bitcoin up 30% are people gonna sell?

notsocommonthumb

notsocommonthumb

I am a cuck AMA
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@RICHCELDOM
 
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Those who know

Nigga I forgor 💀 to buy

1731365194519
 
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@RICHCELDOM
i personally think it will wick up above 100k then consolidate below it for some time. just because psychological level yet there are many shorts so try selling above 100k then enter lower ( high risk move but imo should play out)
 
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i personally think it will wick up above 100k then consolidate below it for some time. just because psychological level yet there are many shorts so try selling above 100k then enter lower ( high risk move but imo should play out)
when do you think it will hit 100k?
 
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i think very soon i mean we are 15% away and so many shorts coming in so exchanges will push it above it briefly
but what would make it go down after hitting 100k? didnt go down after hitting 60k mark
 
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but what would make it go down after hitting 100k? didnt go down after hitting 60k mark
psychological resistance but exchanges will push it above just to remove the shorts
 
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psychological resistance but exchanges will push it above just to remove the shorts
but after hitting 100k it will eventually go up again though hitting 110k by late 2025?
 
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i really believe in a wick above 100k as every normie thinks they are warren buffet trying to short before 100k
 
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i really believe in a wick above 100k as every normie thinks they are warren buffet trying to short before 100k
i think i will just hold even when it reaches 100k since it will inevitably go up again
 
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I'm using the pie cycle top indicator this cycle. (But I'm not using the exact top, I will sell before it fires off).

Last cycle after researching a bunch of indicators, I used the reserve risk indicator which tracks whale sentiment based on their on chain behavior. You think it would make sense, but most whales missed the cycle top last time, because they likely over focused on models that couldn't account for never before situations such as Sam Bankman fried collapse.

Pie cycle top was the only indicator, basically that fired off for the last cycle.

I also will never use any new indicators that came out after past cycles. Because it's easy to backfit any narrative (algorithm) to existing data. It's much harder to predict the future.

(And also I don't own bitcoin)

And another thing, the more variables an indicator has the higher chance of over fitting, and lower chance it's correct. Simplicity is your friend.

Going by gut feelings about resistance levels can be problematic, for sure, though I could see it hitting a top at 100K before coming back down. There's a reasonable case to say Bitcoin has been in a state of diminishing returns, and is unlikely to pop out of that state this cycle (The tech just isn't there yet in crypto including all smart contracts chains, transactions are still too expensive, lightning network doesn't' always work).
 
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i personally think it will wick up above 100k then consolidate below it for some time. just because psychological level yet there are many shorts so try selling above 100k then enter lower ( high risk move but imo should play out)
What's your net gain from crypto lifetime?
 
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What's your net gain from crypto lifetime?
over 70k but i made few bad gambles , i missed out on like 200k on a shitcoin called $WAFFLES
 
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over 70k but i made few bad gambles , i missed out on like 200k on a shitcoin called $WAFFLES
Yo bro i think i can get like 15€ of free bitcoin, so im total i would have like 60€, should i sell like half when it reaches like 100-110k?.
 
Yo bro i think i can get like 15€ of free bitcoin, so im total i would have like 60€, should i sell like half when it reaches like 100-110k?.
just hold it are you in a rush ?
 
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even if it reaches 100k you will have less than 100 bucks so whats the point of selling it?
 
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Yo bro i think i can get like 15€ of free bitcoin, so im total i would have like 60€, should i sell like half when it reaches like 100-110k?.
if u can just hold it for a year it migt be like 180 bucks top
 
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over 70k but i made few bad gambles , i missed out on like 200k on a shitcoin called $WAFFLES
Are you using any leverage, or just basically buy and hold?
 
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Gambling.org

No one knows what’s going to happen. Stop the cap.

“Bro if I invest the money myself I’m going to bank. I won’t lose money bro. Trust me it’s going to the moon.”
 

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