Bitcoin crash

Smart man.

In the long run, only 5% of traders make money net of fees.

The house (professional traders) always wins in the long run because it has an edge over the gambler (average Joe).

The average Joe keeps coming back because he is greedy and wants a shortcut to financial freedom. Greed and desperation drives them.

All markets operate like a casino in the long run. They are wealth transfer schemes from the gambler (average Joe), to the house (Professional traders, exchanges, educators, youtube affiliate marketers, etc).

Hehe siutalala na viatu going forward. :smiley: The other coins are doing well it’s just btc that is because of the environmental concerns. Remember I had told you it would become a problem ukapuuza.

:D:D:D Bitcoin is not dumping because of environmental concerns. People attach narratives to explain price movements. It is dropping because there were no greater fools to buy at above $65k. Simple demand and supply.
When there are more sellers than buyers prices drop, and vice versa. Basic economic theory. Don’t believe all the nonsense you read explaining price movements on newspapers, blogs, and youtube.

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He’s too arrogant for that. We’re past that stage.

Moved to Ethereum a while back.
I know it will drop but lemme hold till 2000$

Somehow they weren’t as affected as I thought. There’s a future.

Mnaongelea?

Good luck if you are not in the Discord cryptocurrency pump groups and their swarms of trading bots.[ATTACH=full]364770[/ATTACH]

I don’t have the energy to do such things coz it’s a fools game.

It’s like a bad dream :D:D

Told you to take that small loss at $46k. Now it’s a big loss at $40k na tuko midweek.

It didn’t take a genius to predict this crash.

A bad dream how. This is Christmas. Everything is on sale.

@Mbuzi34 when I told you to take the small loss at $46k on Monday morning it seemed unrealistic. We are at $31k now.

In post #2 I said the market will crash to $30k this week in a massive panic sale. We just hit $31.5k and I have covered my short position. :D:D:D

@Purple sasa naweza lala na viatu now that I have banked my $$$ from that big short.

Buying the dip my g.
Acha nikule loses.

You must be from Wiyumiririe :smiley: