Bitcoin

Human nature dictates that people will always run towards opportunities. It has been a great year for crypto holders and traders.

We have reached mania levels last experienced in 2017. Back then a lot of people bought bitcoin at the top. Many sold houses, cars, land, etc and got burned badly in 2018. This space can get ugly in a hurry, any seasoned trader will tell you that.

The cycle is about to repeat, it always does. Today bitcoin hit $63k. 99.99% of you are not sophisticated traders and that I am certain of. You just bought and held.

Nobody knows the top but now would be a good time to cash out most of your investment. As for the professional traders, you should ignore this post because you already know how the game is played anyway.

I remember in 2018 reading many horror stories on reddit about people that had lost everything in crypto. Don’t be those guys. It would be sad reading such stories on Kenyatalk a few months from now despite posting this warning.

Remember, I’m not calling the top here, but now would be a good time to sell most of what you have in that space (specifically bitcoin), and leave a tiny bit to run the remainder of the journey if there is any upside left just in case it has a final run to 80/90/100k. One thing is clear, we are extremely close to the top.

It is my duty to warn you bonobos before you start running around like headless chicken after losing your life savings. Greed gets you in, pain gets you out. Don’t wait for the pain - not with your life savings anyway.

Best,

Ahai.

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Diamond Hands

bitcoin is still very cheap.

The way I see it, this thing is in a parabolic run on the monthly time frame and the music can stop any time in April or May 2021. After that, as usual, premium tears will be shed by many bonobos.

https://i.redd.it/phl7hup9kxs61.jpg

bitcoin ni ghassia mgani wadau

Elon Musk doesn’t think so. He’s even accepting Tesla payment via bitcoin. U betting against him?

Bitcoin ain’t crashing anytine soon…btw am sure it is going to hit an all time high soon with coinbase going for the IPO

I’m sure we are very close to the top time-wise. I can’t tell how high it will go but I can assure you that bitcoin will top out this month. Forget about other media bs you read. I have specific tools that are highly accurate for such predictions.

There is a very dark corner of reddit where people tell crypto horror stories. Most of them are on suicide watch. A repeat is likely to happen this year. People don’t learn. They get greedy and because they have no clue what the fk they are doing, they lose millions.

Lastly, companies hold IPOs in the hottest bull markets. This is the opportune time for coinbase to hold an IPO. It is bearish news for bitcoin from a smart mans point of view. Unfortunately, there is too much dumb money like yourself who interpret the news as bullish.

On December 17 2017, CME launched bitcoin futures. On that day, Bitcoin’s price topped. Coinbase is listing through introduction at a massive premium.
a) It is massively overpriced
b) Listing through introduction means that founders are cashing out
c) Founders cash out when the market is extremely hot to make as much money as possible

Retail will buy overpriced shares in one of the greatest wealth transfers in history. Today will be an interesting day for crypto. I pity the little guy.

Also, below is one of the proprietary tools that I use.
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For the average person, only invest in crypto what you can afford to lose

Elon is buying Bitcoin using Teslas

Not seeing signs yet, might be wrong. And the chart is different from 2017. Institutions are also buying.

@Azor Ahai Out of curiosity, what is your platform and wallet?

I use multiple platforms for different purposes. Bybit for leverage, Binance for liquidity, and Bittrex for exotic altcoins. It has been an interesting month but I don’t think this mania is sustainable. When this run is over in a few weeks, I will exit crypto for while because I believe people will lose $$, especially the mom and pop “investors”.

Dogecoin!

Exited out of Bitcoin in 2017 and. Bought Doge now I’m sitting like a king. Thank you Elon Musk

You haven’t really realized any gains in an investment until you sell. The gains are just on paper. So it’s a good time to sell some one one’s investment in bitcoin to claim having made some money.

Buy the dip.

Bitlipa is the way to go…lemme be your plug

Did you clowns sell BTC when I wrote this post or you are busy mkililia choo naona iko $51k?? :D:D:D

Chill out okay. Buy the dips! :smiley: