Yikes

Yikes,
If you superimpose the previous correction on the current correction they look the same.
I followed the advice from this subreddit and didn't buy any BitCoins,
since it was supposed to go to $1000.
Oof.

Attached: BITCOIN.png (1066x502, 34K)

go all in then pleb

why so angry, who hurt you?

>they look the same
yes, obviously. you think it's gonna be different this time?
> supposed to go to $1000
it was never, i was even surprised about 3k. even the dumbest permabears only called like 2k-2.5k as the bottom

because of the fractal nature of the price action you can superimpose that price a lot of different ways and only in retrospect does it become clear which one was right. we can still go to $1k unlike but it can happen.

>has shorts under water

based and truth

i have no position currently whatsoever, i'm waiting for a breakout up or down from this zone.

Cycles are getting longer. Don’t get your hopes up, nobody is gonna buy your coins at the insane levels you to sell for.

Attached: FD405030-D8A0-4D77-AB30-9730794A73EC.png (1334x750, 264K)

the same one faggot on here that posts the same one faggot meme lines over and over and over

>Oof.
op is a faggot. Try to find data on the very first "bubble" and its pop, and you might get it. We started a new Historical cycle after it fell below 6K

i actually bought at $6k fucked up teh descent in a graceful manner but still managed to get more btc than before, ground my teeth at $3k but held on then sold when it dropped from $9k. took out a sizeable personal loan, going to buy back in a few weeks with most of it and try to hedge on bitmex with some fraction hold only a little money in reserve in case some freakish thing happens.

Good luck you degenerate gambler. I honestly hope you lose it all, but considering Boomers and GenX are still alive you might actually not be the biggest fool

i don't see it as gambling it's all a calculated risk. the loan is very good apr there is no way bitcoin will not appreciate more during the next 7 years. also shorting with low leverage when a correction is strongly signaled is how you make money without giving up your long term hold position.

>The loan is very good
kek

ok, that's some degenerate gambling shit right there

and this, dear kids, is why you know that Craig is actually Satoshi and will drive these faggots to kill themselves

>subreddit

Wtf, go and die you stupid asshat. You won’t make it anyway.

Oof, you must be one of these Chain Link investors I've been warned about.
Big yikes.

no see playing better than even odds within your means and having a good exit/hedging strategy is not gambling it's rational risk taking. i did not get the loan because i lack wealth but because i lack cash. i got my money tied up in funds and real estate. and the moment is here. i can feel it in my bones. but if i'm wrong then plan b.

yeah like 6.6% apr and 0.5% early repayment fee. compared to what bitcoin averaged most years... it's fucking nothing.

i can't follow that random logic horse-jump sorry.

fuck you are really a retard. As said you are lucky that Boomers and GenX are still breathing, which doesn't make you the biggest fool.

Ignore these faggots, user. Borrowing money at an affordable rate is a fucking brilliant idea. Imagine thinking that crypto won't outperform a single-digit interest rate on a loan.

t. Remortgaged to buy QNT, went from zero to $300,000 in ten months.

It is brilliant, it's probably the most low risk high reward gamble you could make honestly.

it's like leveraged trading with no liquidation imo if you got the time i don't see why not.

bitcoin will get at least to around 10% adoption worldwide. at least and that assumes it hits the scaling limit hard and dies off in a decade or so. that's an easy 1000x on the price.

Might be, might not be. Either way you are a degenerate gambler, an individual that might be responsible for the marxists vision succeeding because you are a greedy fuck that should no matter if the communist put it into reality or RWDS be hung on the day of the rope. I still hope you lose it all and kys in the process, but well, Boomers and GenX are still breathing which doesn't makes you the biggest fool, but close to one of them.

having an unleveraged short opened during a bull market is a certain money maker.....when we hit 9k the funding fee was almost 1% that day....dont know whats the average (i guess you can calculate it since theres a bitmex funding indicator on tradingview).....you are basically getting probably something like 1,5-2% a week on your dollar value

he's right though and bulls are going to get bamboozled

what the flying fuck is going on

you are an idiot sorry

What's a reasonable rate for a loan? My local credit union does 14k max at lower rate than big banks