Pain of Crypto (@PainofCrypt0) header
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Joined September 2022
I didn’t make money to talk about it I made money to stop the talk about it
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Here it is $BTC touched $68k and there’s no attempt to buy… Why would you? Those sidelined are out for blood, they don’t care about buying cheap the ego got hurt.. It’s new lows they’re buying and the result is they’ll be sidelined again
The issue with saying we’ll go to lows again and buy is that you probably won’t buy It’s the same reason you didn’t buy in June June low buyers bought, saying we can just buy on the next low where it’ll be around the same price is a hypothetical You think non-June buyers waited an extra 5 months to buy at $65k? I doubt it
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Bought my first $ETH since June 6 Bears = Accumulate tokens Bulls = Accumulate dollars
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Great buying opportunities
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Sentiment vs …
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Older I get more I realize we need regulation Unregulated leverage trading has ruined this space Two sides to the coin: Binance brought in millions of users, but it’s also a big reason we haven’t touched $1M per $BTC yet Spot demand and Bitcoin’s price have decoupled, perps/liquidations drive the moves now
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I am telling you this obsession about being right or wrong does not matter and that when we’re back above $100k NO ONE will be looking back and saying I should’ve bought lower and instead will be saying I should’ve bought more
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I am so bullish on Bitcoin
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It’s time to stop fighting and realize we’re all on one team and in this together
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Crypto is so hard If only there was a YouTuber who told me $BTC would bounce from $73,577 back on Oct 24 Oh wait… youtu.be/-d0vAo2-HjU
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Just ran into twelve consecutive $30k calls on $BTC and every time it’s been from an account with less than 30 followers with barely any posts What’s going on here?
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$73k was a really high value zone that needs to be respected It’s officially gone from sidelined to not that off the bottom, we’re talking a 5% difference to $70k and just up to a 15% difference for $62k My prediction has been even if the markets give sideliners a chance to buy they still won’t - My proof is we hit $73k and the idea of buying is laughed at because “we’re going so much lower” I’d respect this level
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Quite confused on one thing You realize monetary policy stayed tight because we were melting up right? If we get this wicked crash so many are calling for you realize we’d brrrrr our way out of it They kept policy tight for as long as they did to sit on a clip the size they have for an exact moment like this
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The issue with saying we’ll go to lows again and buy is that you probably won’t buy It’s the same reason you didn’t buy in June June low buyers bought, saying we can just buy on the next low where it’ll be around the same price is a hypothetical You think non-June buyers waited an extra 5 months to buy at $65k? I doubt it
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“BTC holding $75k with NASDAQ crash” I’m a bull, but it’s not that cookie cutter We’re on day 1 of this “crash”, ripple effects yet to come
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Biggest mistake last cycle was being too bullish, I also made this mistake Prediction: Biggest mistake this cycle will be not being bullish enough, bottom likely being in is just the first step
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You’re better off listening to someone who predicts what’ll happen next and gets it right >70% of the time than someone who’s a retroactive analyst and keeps a clean sheet
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Wanting a new low is one thing, wanting it in the next two months is another Can happen, especially with BTC, but think about the ask for a second Now couple it with not just you but everyone else who wants it
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Guy who cut losses at $77k sidelined at $77k
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Is the Bitcoin bottom in?
57%Yes
43%No
217 votes • Final results
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Momentum is with the bears. Huge FUD with Binanace hack. Most talked about event of the quarter (midterms) is here. There is an obligation to deliver and send it lower, if not that momentum will be fuel for the bulls to send it back above $83k.
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