BTC down around 30k is what happened.This thread got awfully quiet. What gives?
Less than 20 posts over the last week.
BTC down around 30k is what happened.
We see this alot in the investing thread. Posts go crazy when things are popping and then grind to a halt when things turn red.Also, nobody wants to place a big bet one way or the other because all the indicators are saying "A big move is coming" but simultaneously saying "We don't know which WAY that big move will go"
The trader who's analysis I trust most still does his analysis, but then also tells everybody he's not actively trading the market at all right now.
The top Altcoin analyst I follow openly states they have pulled back into stablecoins as until BTC decides where it's going nothing in the altcoin space is stable enough to justify the investment from a risk/reward standpoint.
I'm just "accumulating dry powder" right now and not even DCA'ing in this month as my instinctual inner asshole is saying "Oh yeah. BTC is going into the mid 20's, and ETH will dip to around 1500 a coin"
I'd say it's probably a bit more tied to action than red or green. People get in a frenzy when shit tanks too. Year to date, GM stock has been a better and more exciting investment than BTC, though and especially these last few months. I think the relative stagnation the past couple months of cryptos isn't helping things. Expect there to be more excitement when the next stim checks come and all the zoomers can throw their money in the fire at the same time.We see this alot in the investing thread. Posts go crazy when things are popping and then grind to a halt when things turn red.
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I have neither the free cash, or the time to gamble on such things sadly.I don't know what everyone is talking about, this meme coin shit is great. Easy 10x-100x projects all day long, tons of opportunity in the crypto market right now.