Finding my grove with these trades. I have completely derisked and took my entire cost basis off of FOMO.
I only ever put put $450 on the FOMO platform in a few different chunks to learn the ropes and got some solid wins and keep rolling gains to the next thing. I Sent the $450 to Coinbase and then cashed out to my bank acound so I'm ready to buy gas for $10 / gallon soon and drive 200mph.
I'm connecting with some great people over there and finding my grove.
Let everyone know we are catching pumps!!!!
Trade with me on fomo and get 10% off fees!
But are you stayin lean to throw fast balls?
I am glad you got in before the pump.and then got out.
Not as easy as it looks.
Well I got my weight down to 212 and was super jacked ripped and tan but a lot happen and my weight bounced back up to 220lb but very jacked.
I'm still really assessing the situation of what is happening with some of these plays and how much money is moving around. It's always tough because you don't want to go to the bathroom just to come out and realize the club is empty and everyone went home and your are just a crossfaded drunkle (Drunk Uncle) with no ride.
I would equate what is going on to going to Vegas and being in a basement club and it's 5am on a Wednesday and everyone is still partying but in reality the strip and the casinos are empty. And all the people that have never been there before and think they are in a bull market but I've been to Vegas on New Years Eve and know what the real party looks like.
This is not a nice, clean, bull market.
i hear all kinds of big entities buying up BTC and the price ain't doin nothin.
Which is making me scared.
If we really start a bull market, like what seems to be happening now, we could be at a million per bitcoin between when you went to the bathroom and came back out. Like, there was no rally, there was no party in Vegas, and then blam! Movements bigger than old ATH are normal. Movements that hit the circuit breakers on all the ETFs, going up and going down.
I feel your allegory is pretty apt right now
In my opinion we aren't even close to a bull market. I feel this is a bull trap and we will have a lot of pain come October and November.
$6 average Diesel price across the nation which is the highest ever.
Run away inflation and in general people aren't paying attention to crypto and they don't have enough money to do anything. Everyone's business is hurting.
FOMO people are all over the map betting both ways in the Perps Market.
https://cbbi.info
We have quite a bit of implosion to get to the bottom in my mind. Sub 40K likely which could crush Microstrategy and Tommy Lees ETH stacking.
A "bull trap" seems like a better fit to whats going on than a bull market.
I would bet 70/30 on the two
Is there such a thing as a "bull trap + bull" market?
And if i add in market manipulators, the bull trap seems even more likely.
I would stay away from leverage like my HODL bag depended on it.
I just think people are out of money and now Costco is rationing Oil. I sort of thought this was going to happen 3 months ago but now there is an oil shortage and diesel prices are averaging above $6 / gallon for this first time so everything is going to get way more expensive.
Plus Michael Saylors owns like 4% of the Bitcoin supply at this point and people are trying to keep food on the table.
To me it isn't enticing to buy Bitcoin at these price levels.
I would rather just stack DOGE at these price levels vs Bitcoin to be honest. I would rather stack Monero than Bitcoin as well. It is supposed to be live on ThorChain swaps soon.
I would rather trade SPX6900. It honestly looks pretty cool.
https://www.spx6900.com/
Congrats!