Bears on parade right now. It wonโt last long. These are the same people who have been calling for bitcoin to zero for the last 15 years lol
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I feel like I'm the only newbie who enjoys this, I even posted a picture earlier with the receipt for a few more Sats. ๐
Who in their right mind is selling rn?
Volatility is a gift to the faithful ๐ฅ
Incredible price action. Im almost in disbelief ๐ซ
But sir, bulls have been promising 10k God candles per day in 2023, 2024, 2025 and all we got were a bunch of 10k red daily candles. How do you call the opposite of a God candle?
Big Kiss Sam
I love it ๐ญ
It's called a "we deserve it" candle. ๐ You can't be a believer if your faith doesn't get tested. ๐คท
But why, it's not even down that much lol
My BTC net worth is much higher today, so I locked in those gains. We blasted through our emergency budget and then some to load up more sats in cold storage. Have to admit, I also bought LEAPs in my brokerage on IBIT and yes, more MSTR in my retirement, it's just too oversold now. Let's see what happens.
Probably will go down another 30% lol
The paper hands.
Staring at the fiat price is boring. Time is better spent with coding, for example.
Not the only one, bruh! Iโm stoked to get 4-digit sats again.
Bears are for building
Jokes in them. Out weekly buys are nabbing 25% more this week. They will have to exchange lots of time and energy in the future to get it back from us.
In my opinion this is actually the best time to be new
I would enjoy the heck out of this, IF I HAD ANY MONEY LEFT ๐คฆ I spent it all at $100k, thinking I was a genius for getting sats that cheap ๐๐๐
Hold it right there, my paycheck is about to hit !
As a proud retail investor, I like to sell low and buy high.
Another week or so and it will be the perfect time to sell.
Zero would be sweet! You mean I could then get Bitcoin for free?
In each past cycle the drawdown has been around 65-80%
Codpiece candle
Personally I donโt believe in โcyclesโ anymore
Why not
I donโt think what we just had was what Iโd consider a bull run. This is likely a red year or flat year for bitcoin.
I can understand that mindset. The halving cycle is still a strong indicator of price action, even despite the weaker bull market, but if you buy no matter what I can see how it wouldn't affect you.
Sure but look at it on a monthly chart and it was almost identical timewise to all the others. Price was muted but it was muted in 2021 and we considered that a cycle looking back on it.
I'd love for you to be right but I don't see evidence for it right now
past performance is no evidence anyway
Not of future performance but it is evidence of past cycles lol
Past performance is not evidence but there is strong correlation. Everyone invests in bitcoin because it has performed well in the past. It doesn't guarantee future performace but it is a strong indicator.
correlation is not causation and i don't invest in bitcoin because it performed well in the past
and you think it says something about the future?
It's a lot of people we should cheer on stripping themselves of Bitcoin, unworthy of its blessings.
๐ฅธ๐ช๐ฝ
Iโm not seeing evidence for the big bear market personally. I think we may be in a new trading paradigm where we get 35-50% corrections and Athโs every year
I'd love that to be the case. I'm not sold yet. I'm going to stack hard and hodl no matter what.
Side bet for fun? 1M sats cycles remain intact this time and we get greater than -50%.
Same broโฆand again at 95 and 90 and 86โฆ.im tired boss
I tried to understand the halving cycle this time around. The more I looked into it, the more it looked like the cycle works like clockwork. I guess now that the exponential gains are a thing of the past, perhaps the 65% drawdown may also be replaced by a softer landing.
You're not! ๐ค๐ป๐ค๐ป๐ฅ๐ป
We got this, bro ๐ช
Nope
The bears can have their day
The bulls will rise again
nostr:nevent1qqsx62ed8gl0w9lp9rpsdr9z7ucrf3vfwhf0cxdjshujpull4lejpqgqy2jx2
Clever way to think about it
One of the very few reasonable reasons to sell your bitcoin now is if you use those money to buy and set up a node.
In this case you are contributing to the future bull runs, more than hodling. It's an act of altruism to the network.
Any other motivation are subottimal
(Quite fast this time ๐)
Funny how doubt always gets loudest right before conviction proves it wrong.
It's the last bear hurrah before they go into hibernation. The loudest are weak and hungry, likely to not survive the harsh winter.
Next bull run, we all go on parade!
https://blossom.primal.net/700dffb5734519c5dcc34cd7e6b37d940215139017888ccdbb2d30e8f9b787f0.mp4
12K WAS THEIR LAST CALL BAHAHAHAHA