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.