Bulls who think btc will hit 100k very soon should stop being delusional
>High oil price
>High energy prices
>High rent
>fed rate hike
People dont have any money left to buy crypto, this bear market is going to last a while
Bulls who think btc will hit 100k very soon should stop being delusional
>mfw when it's true
Still not selling. Im willing to hold 10 years to make a 2x profit. I don't give a fuck.
>years to make a 2x profit.
in 10 years there will be no crypto anymore its going to 0
$100k feels inevitable, but that shit may not even happen until next halving.
>He's deluded himself into thinking that as long as he holds his digital beanie babies long enough he's guaranteed a profit
No one is telling you to sell, just pointing the reality because most of you are delusional
Might be you who isn't understanding the current cycle. When RSI is bottomed out at a macro scale... that might be a hint. Been in crypto since 2014.
Yup - no new capital to come into the market any time soon.
If you are holding, your bags do not matter - the assets being traded and the money in flow / out flow is all that matters.
Just like the mighty bull we have witnessed where Bitcoin quickly rose to unfathomable heights, I expect an equally gruelling and brutal crash - circa $15k and below levels. Might be the worst economic depression we have seen in decades coming up.
We still live in a fiat based system... The digitization of everything through crypto will be delayed when your average Joe can barely afford food and oil...
ur getting a chicken dinner pajeet, clever thinking
in 10 years we're going to either have CBDCs or a whole new type of disruptive technology
coins are today what trump cards were 2 decades ago
Sorry, the Bitfinex longs say otherwise. Have fun selling or shorting the bottom out of fear, though.
Fundamentals dont matter bro, just trust what some site is doing
True, brother. Last time the macro rsi got to this point was the 2020 run up, and before that it was the bottom of 2018.
Good, I need more time and money to fill my bags for the next bullrun.
>People dont have any money left to buy crypto
this is a good argument for buying the bottom for yourself, if you can afford it, because your buy-in price will be much lower than anyone elses, if they wait for a clear turnaround
>Bitcoin is a hedge against inflation
it inflated rather well along with inflation, but they now turned on deflation mode
what ever you say
That's why it is good to ape into low cap gems that still have the room to grow. When BTC grows to as much as 50k, those gems like QANX will grow to 20x
>People dont have any money left to buy crypto
wait... you actually think lower middle class normies pump the market? AHAHAHAHAHAHAHAHAHAHAHA
how’s it doing in delhi, you still haven’t got the money for a toilet?
I used to hate Bobo's
I still fucking hate Bobo's but because mostly they are right, and it's okay because deep down they know they hate themselves too.