Post
Topic
Board Speculation
Re: Bitcoin surge in the last 24hrs
by
TastyChillySauce00
on 17/07/2024, 05:05:33 UTC
HaHa I love it that Bitcoin always does the opposite of what people expect.  The German sell-off caught people by surprise with a small slump. Now over on the MtGox thread everybody is predicting a crash because the trustees moved some coins to an exchange.  And instead we get a pump.

Two lessons here, don't try to second guess Bitcoin, and don't listen to anybody on social media.
I remember there were KOLs and CT doomposting saying that bitcoin is done for over the twitter and guess what they're all wrong and right now they suddenly changed direction and always tweeting bullish.
it speaks a lot about these CT in general, just following hype engaging farm so that they can be paid as a KOL.
the average people that follows them and take them too seriously always be the one that got the short end of the stick.

shorting BTC will only result in loss.