My comment wasn't a slight.
If nostr is going to go mainstream then many other users will come who are not Bitcoiners and who don't care about lightning.
https://coracle.social/ is looking amazingly good now: https://user-images.githubusercontent.com/1653275/220641517-f9c78445-1e15-4a69-87e5-69d80f1f2758.mp4
It's nice but as some have already commented there are no zaps ⚡.
I suppose it could be a good client for non-Bitcoiners.
$BTC update
$BTC currently trading FTFA 🟢.
The broadening formation (BF) has contained the downside and upside so far.
Daily - inside-outside-down.
Looking forward a day, a break above today's high and above the BF upper trendline would set up the potential for more upside and range expansion.
If we break below the weekly open - then expect to see a re-test of the monthly open.
Spent the day on the slopes.
Does anyone know what that warning sign ⚠️ in the distance means? 🤣
To mark my recent +11R $BTC trade - i will send 110 sats to the first 11 people who post invoices.
No follows or reposts necessary. PV
lnbc1u1p37mxg9pp56k9hk8vl9m4wa9gykeq7q42w6yv5uxdxszf9y3t6qs5ugru3s88qdq9xycrqcqzpgxqyz5vqsp58dzjf6nc3s44xtaa8fjn5xg9nga0qj43rmdh78pmsfqf2fayl05s9qyyssquhw5h3sfl3kv8yl6g0tuxl6jsrdx088c4c6kz5jy097eryps4x6qu4prun4fynxrwzm85qwxplj28ar7lnc8pk6qv5g82xxxwdh277qqvgjhas
I'm in agreement that Bitcoin is a unique asset.
But it's far from a snowflake. ❄️
If you're a trader and you're leaning on technical indicators then it's incumbent upon you to understand how they're constructed and their limits.
In the end, good traders don't use technical indicators to predict the movement of price - that's what analysts do. 😂
Good traders use technical indicators to trade against other traders.
$BTC 25205 (on Bitfinex) continues to be the big pivot in play.
Expect short-term liquidity to show up there.
Few.
🙋🏼
Yes, but if one could time their entries then $BTC would grow as a percentage of their net worth more quickly.
You would then rebalance and start the process again.
But I don't think that's the question you are asking.
It always goes back to what are your financial goals, and how much time, and personal energy are you willing to commit?
The first thing I would say is to distinguish between trading and investing.
As a trader asset allocation is only important in so far as it allows me to hedge and/or run a correlated/un-correlated book.
If you're a "crypto" trader, then $BTC/$ETH are your benchmarks.
But for most people who don't care about trading, you should honestly consider whether you can really outperform $BTC and how much time you are willing to spend on that endeavour.
Some sort of passive DCA'ing approach is probably best suited to most people, and while there's a good discussion to be had about which is the best DCA approach, from a psychological perspective you're better off following a systematic DCA approach than one that relies more on human judgment.
There was plenty of time to get into the $BTC trade if you didn't catch the reversal.
8H-outside-inside-inside break to the upside which caught some people offside and others chasing.
$BTC update
Up +4R from the entry.
Expect to see some resistance around the Monthly open - 23136 area.
If we clear that level then that puts 23430 squarely in the 🎯that marks the pivot high of the outside bar from Feb. 23rd and MOMO down sequence.
25205 is still the larger pivot in play.
Agreed there is valuable service being created but the rug pull risk is real.