Quote from: Biodom on August 02, 2019, 05:14:08 AM

Quote from: JayJuanGee on August 02, 2019, 04:53:34 AM

Quote from: Biodom on August 02, 2019, 04:40:13 AM

Quote from: JayJuanGee on August 02, 2019, 02:53:48 AM

Quote from: BTC_ISTANBUL on August 02, 2019, 02:42:32 AM

What I believe is we are experiencing a bull trap.The ''new'' money is lacking.The china-usa trade war issue is somehow positive for BTC and interest rate cut may draw interest of some big multi million whales to crypto investment however taxation and risk aversion will keep the actions as reactions and bull traps.

Is that your face-saving alias account: jonoiv? Biodom? Amateur? Lambie?

nope.

Plus, I am getting progressively bored with the price action here.
Starting to seek some excitement on the stock market.
It's going to get wild toward the fall, I think.

Regarding your stock market comment, you seem distracted. Stock markets should not be anywhere near to as exciting as bitcoin. Who gives any shits about 10% moves in the stock market when we may be getting 40% on the downside in bitcoin and also 5x or more (even though we have only had 3.5x so far in recent times)... anyhow, 3.5x moves in bitcoin should be way the fuck more exciting than 10% stock market moves.... AmiNOTrite?

Furthermore, I used to have a real decent portion of my investments in various stock market index funds, etc etc.. but now those funds are a fraction of my bitcoin funds They do not perform even close to as dramatically as my bitcoin funds... Maybe the get 30% from time to time, but fuck 30% is almost nothing in bitcoin, even though 30% really excites me, but jesus fucking christ, you must have been excited in the end of June when we were approaching the top of more than 3.5x in less than 3 months.. that is something to be WOWed about, no?

You don't have to play the whole stock market, and to increase leverage, you can use puts/calls.
Bitcoin itself trades more like an option (on a new financial system, I guess).

In btc right now is a bit too many unknown unknowns to simply stack satoshis, IMHO, but if it goes parabolic right here, I would be among those who simply rejoice.

I guess that I am just adverse (and maybe even a bit hostile) to the contemplation of complicated instruments in order to play around with the market, especially if it might not be necessary to use complicated instruments.

Maybe bitcoin has spoiled me? We can get fucking BIG ASS returns in bitcoin without any leverage and without any special trading instruments, so that is part of the reason that bitcoin remains so god damned exciting as an asset class that is available to normal people. The asymmetric bet is there and the asymmetric bet is continuing to pay off on a regular basis. We are in the midst of it, and I have some difficulties appreciating how that could be boring.

I mean.. I kind of downplay the time before I got in (which would have been before 2013), so yeah in 2014 I was largely establishing my BTC position and in 2015, the BTC price was relatively stagnant during that time, but fuck, we got ourselves a 78x price increase from that floating 2015 base price of $250-ish, and yeah we had an 85% correction in 2018 down to $3,122, but still we would have still been at least 12x up from our $250 starting price in 2015.... jesus.. what is not exciting about those kinds of returns, and even that the exponential grown price cycle seems to be repeating, and sometime after breaking above $4,200 on April 1, 2019 it was confirmed that we had returned to this particular bull market that we are now in.

So fucking what that we had around a 33% price correction from the $13,880 top to $9k, we still remain in god dammed good BTC prices and there seems to be a continued amount of upwards BTC price pressures surrounding $10k.. and even decently above $10k as I type....

Gotta be excited.. whether we go down or up from here, there continues to be great upwards BTC prices..

fuck the stock market and the other boring price performers. If you want to talk about boring, refer yourself to traditional markets including fiat and the stock market. That is boring.. especially compared with BTC.

We have action right where we are at with bitcoin, and almost no leverage is needed in order to make a killing in BTC (compared with traditional markets). We have people, including amateurs (not that troll named amateur) like my mom who makes a killing too based on relatively small investments.. and the BT price continues to go up for common people to be able to get in and you do NOT need any kind of broker, either.. just buy, HODL accumulate... BTC, buy on dips... and if your timeline is decently long you are likely going to profit stupendously, and furthermore, sometimes if you get in at the right time, you don't even need much of a very long timeline in order to profit stupendously...

Did I say that no leverage was needed?

And no special investing strategies or tools are needed beyond buying BTC on dips and dollar cost averaging, hodl and accumulate. what else is needed in order to be not bored...

This could not be boring, unless you are waiting for a kind of result that is not happening for you... such as waiting for down, when we are in a bull market..

There continues to be so much bullish news in bitcoin, so I can hardly contain my selfie!!!!!

I am..................

GETTING.........

Wait.......

Wait.......

Wait.......

CCCITTEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!

Wait.......

WWWWWWWWEEEEEEEEEE!!!!!!!!!!!!!!!!!!

O.k.. now I feel better.

O.k Now I know gembitz's secret.

Wink