Yeah this isnt good, kind of knew I should have pulled the trigger when I took my ETH out of the staking pool the other night. That fcuking imbecile is talking about 100% China tariffs on top of existing ones now aswell.
I've bought nothing since Eth in April at €1400. I bought some Pepe on this dip at 0.00000550.
Expecting at least a 5X by Christmas.
….
Holy **** I'm down over €9k across everything. Cycles my ass 🤣. It's been clear since the last bullrun the institutional money has taken control of the market, why wouldn't they? It's a largely unregulated market where they can manipulate, they love Trump because his volatility allows them to create volatility.
Alas, I may wait another few years to move this stuff on, will cash out L2 performers and wait another while for the rest of my L2 shitcoins and L1 coins in case this is a shakedown and there's a turnaround. Not holding my breath.
Relax you'll be Grand by Christmas. Liquidity will flow to alts for a few weeks in November and the start to exit.
Hilarious to see people think a 15% decline in 24 hours is a "freefall" compared to the days of 50% drops or more in 2 or 3 hours for even the large crypto coins. Then exchanges crashed as people tried to sell. 10% or 15% daily movements in either direction were merely interesting days in the last couple of bull runs! It's crypto, a gamble, and I miss those mad days because you could start with €10,000 and then see your money rapidly grow to €100,000 then drop back to €10,000 over a long lunch, feel like you lost €90k but then realise you're actually fine and let it ride the next rollercoaster. If you want controlled drawndowns throw your €10k into the S&P100 and you've a decent chance of never going broke, but equally it's also controlled with a guarantee of decent upside over the longer term. With crypto, sit back and enjoy the rollercoaster, the thrills of rapid gains and declines, but never actually sit on capital or profits that you really need!
Pepe was down 50% in 30 minutes
Be grand, I bought a small bit of Pepe at 10% of where it is now in late 2023. Easy come, easy go, but it's a meme coin and timing is the only reason not to make a decent profit on it.
Oh well this was fun, bnb and xrp was flying up and down in btc pair and whoever was watching this circus last 4-5 hours and was not greedy with quick fingers could make quite some money. I was lucky caught this as it was happening and joined the ride.
I don't comment often, but if I can't posit something as basic as 'looks to be in freefall' or theorise about something as interesting as the theory of 'cycles', without sensitive nellies getting into an overtly literal twist and shouting me down, I don't see the point in engaging. Too much blind faith being practiced here
Trump's tariff's, annoying. Was looking like alts were just starting to really move there.
Down only €9k, you'll be grand
Tis but a scratch! I'd had a few whiskeys last night, didn't sell anything and probably will be glad I didn't react.
I bought Pepe after a few whiskeys.
Lads, relax. We're in Q4. It's all going to work out. Start to scale out when things start to hit a high next time as it's likely the last time for a few years.
ETH on the move. Up 10% from it's Friday lows.
19billion of leverage trades wiped. So apparently the exchanges (particularly Binance) had a planned outage and feed incorrect prices to the Oracles which propagated out from there. They effectively skipped stop losses and wiped people out. There is a potential class action lawsuit from this. The decentralised platforms were ok, except hyper liquid which cancelled short positions (so not decentralised at all then) that were logged after the crash started, so people lost money there too. This looks intentional from Binance and an opportunistic timing on the trump announcement from them, they look like they had this planned.
Leverage trading that’s dependent on centralised systems has always been highly risky.
Gold is going to reach $5K before Ethereum 😂
Buy the dip. If he Keeps posting on truth social there's serious money to be made.
Yes, for Baron.
https://economictimes.indiatimes.com/news/international/global-trends/us-news-barron-trumps-net-worth-hits-150-million-trumps-19-year-old-son-now-richer-than-his-mother-melania-check-details/articleshow/124529624.cms?from=mdr
privacy coins doing well.
Nice correction.
Wishi bought more dip.
Anyone else notice Degiro started crypto trading? Anyone used it or know anything about the third party custodian Tangany? Does it allow you withdraw to a cold wallet easily? I would have been tempted to use it but it looks to me as if I would simply be trading one dodgy crypto platform for another in the guise of Tangany which I've never heard.
...
It was $80k this time last week.
Now at $93k..
if it did what would you do?
NOTHING!!!!!
https://cointelegraph.com/news/bitcoin-battles-50k-price-target-fed-adds-13-5b-overnight-liquidity
Money printing has started, high chance of rate cuts in the next two weeks.
Rate cut decision is next week. Wednesday 10th.
Pepe on a rampage 👀.
Some relief for my holdings. Q1 might be the Q4 we expected.
Seeker airdrop is up if anyone bought. 500 bucks. Covers the phone cost.