People who are bearish here are attempting to fade an extremely well established trend…

of this sub, and general retail traders, being hopelessly, pathetically wrong. If we get an extended multi year crypto winter here, with further downside to 10k and lower, this will be the first time in recorded history where every panic selling retail pleb has been right. So if you feel this is likely to be the case, give yourselves a big round of applause. You believe you are collectively smart enough to beat the market. It doesn’t matter that you all thought we were going to sub 1k during the covid crash, or 100k back in 2021, THIS time, you guys will have managed to change the narrative and outsmart the experienced traders who are accumulating here.

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10 thoughts on “People who are bearish here are attempting to fade an extremely well established trend…”

  1. It’s hard to see BTC sticking to the trend in its first real recession caused by a once in 100 year event. And the S&P500 is still trading very high and the correlation to stocks can’t be denied. I think it goes much lower over the next 6 months unfortunately due to the S&P500 dropping another 15 to 30%.

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  2. Someone is always right every time the market does something, the trick is that it’s never the same people every time. Even the “just constantly invest and HODL” folks aren’t consistently right for *everyone* because some people really shouldn’t be locking up significant money into a volatile asset like that.

    Just because “people” were wrong about something doesn’t mean that a specific prediction is wrong now.

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  3. This post is needlessly cryptic and confusing. The market has been accelerating downwards not because of anyone here wishing ill will. This period isn’t over and the numbers are not people, they don’t have an agenda. Either you’ve prepared for this and will find newfound wealth, or you’ll be one of next bull run’s tech bros.

    This is what I love about crypto, do you think that dude that became a multi millionaire last bull run off shib cares about the tech or the morality of this whole market? And to be fair why should he?

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  4. Harsh wording, but you aren’t wrong. Over a hundred years worth of stocks data and Crypto moves in line with stocks. I’d rather trust data than retail “investors”. Is this the bottom? Probably not. Will it eventually recover? Yes. Do I give a shit about short term volatility? Also no.

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  5. If anything I think you’re the one ignoring established trends. Why would anyone want to buy a highly speculative asset before a possible recession? If retail is wrong then why are exchanges failing and laying off people.

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  6. Nah man I’ll just copy/paste whatever was going on at this time of year in 2018, I mean that didn’t work for predicting the top and it doesn’t look like it’s working for predicting the bottom and the timeframe’s way off, but I’m just going to keep doing that and ignoring when the market does something significantly different like it has every cycle.

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  7. So should I be buying or not? I just keep buying stock and etf. Idk what this message is trying to say for I have not 1 wrinkle.

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  8. Most folks (probably including yourself) have been in crypto maximum 3 years.

    But we all speak like seasoned 50 year share traders. Calling others “short term investment plebs” ect, when we opened our first Coin base account 21 months ago.

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