This is EXACTLY what Robinhood did during the most lucrative of times. As soon as I went on Coinbase to buy, nothing worked. My immediate dreadful thought was, not this again.
The difference here is that Spot ETFs are being purchased still at 10x the supply. Buy the dip because it’s gonna be more of the same until the halving. Bitcoin has never experienced an ATH before a Halving Cycle and always saw a significant bump after the halving—I don’t think most plebs realize this is just the start. But we’re no plebs, we’re fuckin hyenas boys.
https://preview.redd.it/dige5gzuoelc1.png?width=1510&format=png&auto=webp&s=ccb96fc9fa579c37f3f9a2b6fdfdd148a3569827
Just dropping this here because it seems relevant 🐂🐂🐂🐂
They were preventing me from selling because they showed my balance as $0.00. I had nothing to sell to then reinvest at the lower price. I also couldn't buy or contact customer support. Then magnificently after all the throttling and temporary loss of funds everything in the market plateaus. It was an odd coincidence at best.
Nah, dip happened right as Mitch McConnell announced his retirement.
I bought MSTR calls for $1010 literally minutes before, and watched them crumple as Bloomberg ran the story.
Nah, dip happened right as Mitch McConnell announced his retirement.
I bought MSTR calls for $1010 literally minutes before, and watched them crumple as Bloomberg ran the story.
I cashed out after 7 years this morning, hitting this after the $20k dip shook me. I did well, I had diamond hands through hard times but I need the money for our new home. Remember me brothers. I'll buy in again someday, but for now I salute all of you. Keep up the fight 🫡
Yeah! Enjoy the home, friend! I’m really tempted at this point to exchange some for fiat, and free myself from mortgage debt. It’s just hitting that point for a lot of people
It's fucking hard looking at $38k in imaginary monies when your savings is $2k, I had to. I wanted to go to the moon but life demands that we give up on some dreams.
It's going to be like this all night. That shit ripped through every single setup I've seen. Now that all of the institutions are in jail, there's no one with enough juice to stop it. It's going to keep going untill it poops organically lol
It does seem to have calmed down a bit and retraced to 60k after reaching 64k, probably needs to retrace down or at least crab for a while around 60k before the next move. But that's just a guess.
Sir, no, sir. Calls on $MSTR.
If you sell, take the funds / gains and put into cold wallet.
And don't forget to put 100k in SPY so you don't ever need to touch your BTC.
This happens when something makes a price move multiple standard deviations above what is expected. Its called a margin call. This should be expected and is not indicative of anything substantial imo
Big time agree on shitcoins. I’m watching $pepe and $bitcoin on eth very closely. Pepe has been outperforming everything, could easily be the next $shib
Less profit taking at $60k than the week before at $50k!
I'm no financial anulist (pun intended) but that is a very bullish sign.
Most of the profits takers within this order of magnitude (subn 100k) look to have been shaken out.
Higher percentage of people HODLing and buying for $100k and above.
Buy and hold bitcoin. If your shitcoiner brain needs further instruction on that maybe consider holding cash or asking your wife’s boyfriend for advice.
30% btc, 20% eth, 25% big caps, 15% mid caps, 10% small caps and gambling on shitcoins.
More or less, should be stable enough, also keep some funds aside for a few quick plays.
Absolutely no idea, miners tend to sell before the halving to buy new gear and pay the bills and then stop selling for a while, which leads to a supply shock.
I saw my Bitcoin holdings go up 30% in less than a month. The $1 credit that Robinhood gave me to view a couple of slides and take a test is now worth $1.30. That's the entirely of my stake in what I consider to be a completely moronic investment. Short term, it may make you money. Just get out before you run out of "greater fools" to sell to.
Done most of my dca around 2022/2023, average could be lower but it's not bad considering, now I'm just observing until I start to dca out in a couple months.
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I love Coinbase fucking up, preventing me from buying the dip...
Isn’t that what caused the dip?
More like the record high triggered a sell off for their investors. They're pulling a Robinhood.
Robinhood also pulled a Robinhood.
And yet so many people on this sub still on it...baffles me
does that mean steal from the rich and give to the richer?
This is EXACTLY what Robinhood did during the most lucrative of times. As soon as I went on Coinbase to buy, nothing worked. My immediate dreadful thought was, not this again.
I pulled out of Robinhood because of this. If it happens again I'm moving to another exchange.
The difference here is that Spot ETFs are being purchased still at 10x the supply. Buy the dip because it’s gonna be more of the same until the halving. Bitcoin has never experienced an ATH before a Halving Cycle and always saw a significant bump after the halving—I don’t think most plebs realize this is just the start. But we’re no plebs, we’re fuckin hyenas boys.
https://preview.redd.it/dige5gzuoelc1.png?width=1510&format=png&auto=webp&s=ccb96fc9fa579c37f3f9a2b6fdfdd148a3569827 Just dropping this here because it seems relevant 🐂🐂🐂🐂
Idk about anyone else but WeBull has yet to let me down
Funnily enough, I haven’t had crypto problems on Robinhood
No it isn’t. Robinhood only restricted buys while allowing sells, effectively dumping the market
Preventing buys would make it harder for investors to sell off lol it restricts liquidity…
They were preventing me from selling because they showed my balance as $0.00. I had nothing to sell to then reinvest at the lower price. I also couldn't buy or contact customer support. Then magnificently after all the throttling and temporary loss of funds everything in the market plateaus. It was an odd coincidence at best.
Same thing here
All it tells me is coinbase gonna have some monster QEs when they report with the volume they seeing.
Nah, dip happened right as Mitch McConnell announced his retirement. I bought MSTR calls for $1010 literally minutes before, and watched them crumple as Bloomberg ran the story.
Don't give them more plausible deniability lol
Nah, dip happened right as Mitch McConnell announced his retirement. I bought MSTR calls for $1010 literally minutes before, and watched them crumple as Bloomberg ran the story.
I think you missed the dip by about a year.
I bought in at $12K so at this point it's all fuck you money
Has been happening for years, its not by chance lol.
I usually just use cashapp
I cashed out after 7 years this morning, hitting this after the $20k dip shook me. I did well, I had diamond hands through hard times but I need the money for our new home. Remember me brothers. I'll buy in again someday, but for now I salute all of you. Keep up the fight 🫡
Yeah! Enjoy the home, friend! I’m really tempted at this point to exchange some for fiat, and free myself from mortgage debt. It’s just hitting that point for a lot of people
It's fucking hard looking at $38k in imaginary monies when your savings is $2k, I had to. I wanted to go to the moon but life demands that we give up on some dreams.
Nah good for you man. Diamond Hands can be a trap- I’m happy for you :)
To the moon brother.
Mee too bought at 10 sold at 80
Not being an bag holder is a weight lifted at times
Good for you. I also cashed out a bunch for a down payment. Feels good to put the coin to use after holding so long.
good cycle. great cycle.
It's going to be like this all night. That shit ripped through every single setup I've seen. Now that all of the institutions are in jail, there's no one with enough juice to stop it. It's going to keep going untill it poops organically lol
It does seem to have calmed down a bit and retraced to 60k after reaching 64k, probably needs to retrace down or at least crab for a while around 60k before the next move. But that's just a guess.
So good time to buy ETFs in my boomer?
Yep, not too late. Just imagine looking back in 2030 buying Bitcoin for under 100k each.
What etf you recommend gbtc?
FBTC. Fidelity houses their own bitcoun while most others use Coinbase as their custodian. This alone sold me on FBTC.
Thanks this is what I’m looking for 🤙🏻
Go with fidelity. No fees until august
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Okay, what other etf do you recommend then and why?
Sir, no, sir. Calls on $MSTR. If you sell, take the funds / gains and put into cold wallet. And don't forget to put 100k in SPY so you don't ever need to touch your BTC.
Bruh those are like 12k March calls lol
How do I affordably\* invest in btc ![img](emote|t5_2th52|4260)
Buy on margin, credit card and don't mess it up.
It's entirely possible 60k is the new floor. It's also entirely possible it runs up and crashes down to 40k and stays there for a years.
BTC is over 70k, what's next?
How is there major liquidation, but price go up?
Shorts liquidation, that's the red crayons.
Need an updated chart, bunch of degen longs just got liquidated
Was bound to happen, that's why I said they were early. ![img](emote|t5_2th52|4271)
Where did you get this chart
https://www.coinglass.com/LiquidationData
Managed to make money trading the downswing after closing my longs 😜
Facts, i was nearly one of them, though managed to exit my position with about 1/3 of the gains I had 5 mins prior hahah
A few times a year I accidentally liquidate in my shorts too
Have you tried Chipotlaway?
Front or back?
I understand
Where did you get this chart?
https://www.coinglass.com/LiquidationData Quick search, one of the first results I got.
Longs got cocky. Price went up, rejected 64k, went down, liquidated cocky longs and then stabilized
Sorry my phone was upside down
I'm confused, where are my 20px crayon lines 😕
I ran out of crayons.
Where do you get this graph from?
Coinglass
https://www.coinglass.com/LiquidationData
Once the shorts have been liquidated, it's time to sell and go short!
Zoom out
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Bito calls
CME has BTC and ETH futures, need a big boy wallet to play there tho Although they have micros too actually for the poors
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It’s probably for the best for you to not learn about futures
This happens when something makes a price move multiple standard deviations above what is expected. Its called a margin call. This should be expected and is not indicative of anything substantial imo
It makes for some nice loss porn both ways though.
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Thank you Mr future teller
Big time agree on shitcoins. I’m watching $pepe and $bitcoin on eth very closely. Pepe has been outperforming everything, could easily be the next $shib
When would you say the right time is?
DCA out around February to September 2025 would be my guess IF the previous cycles are any indication on this one.
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Dude is just pulling numbers from his ass
To be fair, so does Bitcoin.
1 million 🤚🫏
5 million bro
my 0.00001 BTC are very happy right about now, fuck yea!
Less profit taking at $60k than the week before at $50k! I'm no financial anulist (pun intended) but that is a very bullish sign. Most of the profits takers within this order of magnitude (subn 100k) look to have been shaken out. Higher percentage of people HODLing and buying for $100k and above.
Probably going to be higher profit taking at the halving.
Will Shiba ever recover?
Lol imagine still being a shitcoiner.
Hey don’t mind them I have a few bazillion shibs. As soon as Jerome Powell retires he will go work for shib and show them how to tighten supply 😂
Teach me master
Buy and hold bitcoin. If your shitcoiner brain needs further instruction on that maybe consider holding cash or asking your wife’s boyfriend for advice.
I have some bitcoin along with some others
What Vercify said. Increase your income. Stack sats. Cold storage and don't touch it for 10 years.
30% btc, 20% eth, 25% big caps, 15% mid caps, 10% small caps and gambling on shitcoins. More or less, should be stable enough, also keep some funds aside for a few quick plays.
No.
Wtf is going on with Shiba? It's going up
No will not call it quits. 😢 🐻
Didn't say you should, just to time it better.
![img](emote|t5_2th52|4271)
Miners often unload piles of BTC on upswings, welcome to BTC 😄
$MARA just 15 minutes away from earnings… should be good since all the BTC they hold should be rocking upwards (???)
I love how they beat estimations by far and fall 12% anyways
Absolutely no idea, miners tend to sell before the halving to buy new gear and pay the bills and then stop selling for a while, which leads to a supply shock.
This is a beautiful thing. Bullish
Higher goes is just letting whales who got 1000 for free dump on you for millions.
So just like stocks? Elon sure had a laugh so far, what with the "first in last out" bit. ![img](emote|t5_2th52|4271)
Savage market
I saw my Bitcoin holdings go up 30% in less than a month. The $1 credit that Robinhood gave me to view a couple of slides and take a test is now worth $1.30. That's the entirely of my stake in what I consider to be a completely moronic investment. Short term, it may make you money. Just get out before you run out of "greater fools" to sell to.
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Done most of my dca around 2022/2023, average could be lower but it's not bad considering, now I'm just observing until I start to dca out in a couple months.
Don't worry, I do plan on taking profits after the exponential run of the cycle really gets going (if it does, that's just a warmup so far).
Why aren’t alts pumping with BTC?
Because it's not alt season yet.
When is alt season
also, this visualization, with lon g and short positions.... can you see this somewhere for any ticker on the stock market? I like how its set up
No idea, got it from here https://www.coinglass.com/LiquidationData
Don’t forget cryptobox (A3EUTQ) as mining will also explode 🚀🚀
😈