Recent content by Arden

  1. Arden

    Investing General Discussion

  2. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm not sure anyone here thought btc was immune to manipulation tbh. In an open market, pretty much anything is subject to manipulation.
  3. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This chart is wild. Something very unusual happening.
  4. Arden

    Investing General Discussion

    Just put in a bunch of IBIT buy orders down to $40.
  5. Arden

    Investing General Discussion

    Was just going to try and find something like that- thanks.
  6. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Don't get me wrong, I'm heavily invested in BTC for that same reason, and I don't plan to sell anytime soon. Over time, BTC easily beats USD when it comes to value/beating inflation. Key words = over time. Was just saying if you had a 12 month horizon, I'd be cautious with BTC now. I mean...
  7. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Not giving you advice and also not suggesting that a bear market is here or otw, but understand that if we are in or entering a bear market, it can (and probably will) last longer than 12 months
  8. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Was kind of curious about this. I feel like a spot liquidation/rebound would almost certainly happen outside of U.S. market hours. Pretty sure the other big crashes have all occurred in the middle of the night (U.S. time). Not saying it isn't worth putting in some orders- especially if...
  9. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Ive got dry powder i was saving for things other than btc, but if we went down to 80k I think I'd have to use it.
  10. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah I looked in to inverse Cramer. It didn't fail because Cramer was good. It failed because Cramer makes tons of quick, TV-friendly calls that aren’t meant to be traded mechanically, so trying to short everything he mentions just created a messy, high-turnover portfolio that bled costs. On...
  11. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Sure, but the guy does exist, and he is wrong most of the time, and yet he remains a supposedly credible financial source. Those are the things that boggle my mind.
  12. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah, I have kind of a similar theory. I think manipulating low-info investor sentiment on behalf of whales has been his true purpose for quite a while now. I'm sure he is handsomely compensated too. So in that way, "the institution" doesn't want to see him go. And he's been such a...
  13. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Difficult to understand how he carries any credibility whatsoever. I realize he used to be a sharp market analyst but he's been so bad for so long at this point.
  14. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Was going to mention this but didn't want to go on excessively. Zero need to argue the philosophical points about whether BTC is a good store of value or not- you can just let the numbers do the talking. Since Bitcoin's launch, the dollar has LOST about 33% of its purchasing power. Since its...
  15. Arden

    Investing General Discussion

    Could be wrong, but my understanding is that the disparity is at least partially due to the fact that BTC’s 200DMA uses crypto exchange data, updated every day (including weekends), while IBIT’s 200DMA uses market close prices (Mon–Fri only). So IBIT's is “sparser” and often lags BTC’s...