Don’t rush on this market

Be warned … don’t rush this market … already $200 MILLION has been liquidated on SHORT leverage trades … in just an hour and a half after the rate was announced …

I’m not being clever just telling you that there are much bigger fish just waiting for someone to try to SHORT-on this kind of news, to do the opposite…

By definition this is a manipulation where the price of BTC is raised artificially to liquidate all those who think that with the new added interest rate of 0.75% there will be an immediate fall in the market and you have a STOP-LOSS HIT on thousands of traders with what the price is it goes up more and more. View the snip of current clearances on all platforms in just an hour and a half…

So Ima warn again … DO NOT RUSH IN THIS MARKET … DCA IS THE BEST STRATEGY WHEN YOU HAVE THIS TYPE OF UNPREDICTABLE MARKETS

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45 thoughts on “Don’t rush on this market”

  1. While agree with DCA’ing ( thats what im doing).

    This post falls right into the market bottom emotional cycle (this is the one, this is the one, its another fake out, its another fake out, oh shit that was the one)

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  2. One thing I like to believe is that we really don’t know how much the just/ terra incident expitdited the market we went from cruising on our way to shit floor in a day killed off a lot of the market cap ,in my mind it spend up the whole process

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  3. I just relax, DCA, and go about my day. It’s a pretty stress-free lifestyle among all the market turmoil.

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  4. Shortings fine as long as it’s not crazy leverage. My strategy on shorts is max 10x. Choose only the larger MC coins preferably top 10 as they don’t move as fast.

    Give myself 4-5 possible entries to bring my average entry up/down and plan it as such that price could potentially go move 20% before some kind of a retrace.

    Usually works well. Just gotta cut out the emotion and do it robotically as it is quite difficult to see your position in a loss. But if there’s one thing I’ve learnt…. Even in the most bullish/bearish times nothing goes straight up and down. There is pullbacks in either direction along the way and that’s where you pounce for your profit.

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  5. I will buy in when btc hits 10k. then pray and wait for it to go to 200k in the next 2-4 years. I’m a simple delusional man

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  6. Btc facing resistance at the 200w sma (approx. $23k). We also failed to hold support at the 200w last week. If this becomes a clear rejection, I wouldn’t hope for a rally too soon. At best, some more sideways action.

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  7. To be honest I do not trust this pump, call me pessimist, but as my grandad used to say ‘a pessimist is an optimist well informed’

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  8. fed meet happens = price pumps
    for a day or two then they’re dumping to fk up spot orders , now they’re liquidating who were into shorting.

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  9. Could also have been that a lot of people had shorts open in case we got unexpected news of a 1% rise. Then, they closed those positions immediately when we got the news that it was .75% as expected.

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  10. It’s good to stop in and see the general sentiment of the crypto sub so I know exactly what not to do.

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  11. Give it a few days. GDP could be a shit storm in the making. Although Bidden says it’s not a recession so it must not be.

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  12. Pretty much most of last year the sub would’ve killed to get 30-35k BTC.

    Now it’s low 20s. Buy, hold and stfu.

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  13. Its this type of mentality that will FOMO so hard when price starts ripping and they realize 15k BTC was a pipedream

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  14. >Be warned … don’t rush this market … already $200 MILLION has been liquidated on SHORT leverage trades … in just an hour and a half after the rate was announced …

    Putting it simply: NEVER outsmart and time the market!!! Just don’t!!!!

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  15. Longs and shorts are out of my economic ability. DCA is all my budget can afford, and that’s feeling a squeeze lately

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