I like the appeal to “I’ve been in the market for 30 years” as if that tells me all I need to know about him being an expert. Dude, that tells me you know everything there is to know about fiat business cycles, which means you know nothing about actual money.
⚡️💬 NEW - Luke Gromen says that he reduced his Bitcoin portfolio substantially at $95,000 and thinks it’s going a lot lower.
- Risk of quantum computing
- Not making new highs vs gold
- Lots of selling from whales
- Charts broke down 6 weeks ago
- Believes 4 year cycle is playing out
https://blossom.primal.net/433a97c06da285a966ee9f57d5346f198208f814395800c2cc49c26b2d6e779c.mp4
Discussion
He’s been consistently wrong and blowing smoke up podcasters ass for years. I’ve never once listened to him and felt like he had a logical position. It’s just fiat maximalism. But he said nice things about bitcoin so he got popular.