Discussion
Interesting, thank yoy, I like this type of info
not a good look
Thatβs how paperisation works. Plebs got scammed with promises of riches and less volatility. Turned only the latter was true.
Price is up from 25k to 90k so I think you missed the point.
I didnβt miss anything. I was buying from 30 to 16k and then again from 16k to the 70k. People that got on 100k were scammed by influencers who promised 500k and even 1M. Because they believed ETFs will be good for the spot price. I didnβt.
Is the price down since the ETFs launched?
Do you seriously believe the ETFs are what moved bitcoin from 40k to 120k? If you do, I have a shitcoin to sell you.
What does that mean?
It means that since the ETFs launched BTC is up from 25k to 90k.
It also means the sell igniter algos that people have claimed are running around 10am are real.
It also means that these algos are running but accumulation has been bigger than selling.
It also shows you the difference between buying and holding (gray) vs two other strategies that are time based
So⦠short at market open and buy it at market close to max out?
I don't trade but yeah people are doing that. Until they change the game on you.
Gray line is buy and hold and that's doing well too.
If you're a buy only then you could consider buying the low of the day
I donβt know what a natural chart looks like, but last few while is not it. Looks mechanical.
