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Bitcoin price discussion and analysis

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grah33 said:
why is crpto /bitcoin crashing so badly?
Click to expand...
Risk off sentiment in the market.

The slaughter is not unique to crypto, which means there's absolutely nothing to glean from it occurring. Anyone who says otherwise is an idiot and/or an idiot with a lot of sour grapes.
 
Most of which has just been in the past few hours:



However:



While this is particularly high, 10% moves just on the day were not unusual for crypto even 12 months ago.

There's an absolute killing to be made if you can pick the bottoms.
 
Trader X said:
Good timing by your mate if he exited, Luffy is down -48% in the last 24hrs. When you're way ahead in a casino, it's wise to take some or all of your winnings off the table.

View attachment 141540it's wise
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He has half his position left in there. I told him they are "pump and dumps". Not worth carrying half the trade during a downturn.

Get out on the pump.
 
Crypto is finally looking interesting again. These wild swings is where the moneys at.
 
The complete destruction of LUNA has shaken the whole of the crypto space. Terra was considered one of the better DeFi projects. If it can happen to LUNA it can happen to any other of the other altcoins.

Fear has infected the crypto market. More losses are to come, and more profits for those who can trade the volatility.
 
Xrp up 20%.

I thought crypto would be lower to tell you the truth. Stuff is still pretty high
 
Threw a small "hail mary" position on luna.

It's either toast or it may bull trap enough for a new lambo.

My reasoning:
It's had free advertising via all the bad news across newsites. That means a sht tonne of eyes on it.
I'm hoping a small rise will trigger FOMO amongst a crowd, so they pile in.

Or it crashes and burns.
 
moXJO said:
I only care about the profits.

And I do love me a market crash.
Click to expand...
Go for it, moXJO.

A profit is a profit.

Maybe I'm too risk averse with crypto.

I like the concept of ETH so if there is a crypto crash I may throw a few kopeks at that.

gg
 
Garpal Gumnut said:
Go for it, moXJO.

A profit is a profit.

Maybe I'm too risk averse with crypto.

I like the concept of ETH so if there is a crypto crash I may throw a few kopeks at that.

gg
Click to expand...
Luna supply is definitely in shtcoin territory.

Don't anyone else jump on without realising it ain't getting back to $1 with the billions of coins that were generated.

It's hope for a couple of bags and out.
 
ETH is 25% off the low too.
 
Just went through there minting method on luna.
Prediction is Toast.
Out of luck on this one.
Too lazy to sell.
 
NASDAQ rebounds, ASX rebound, Crypto rebound, 10year bonds sub 3%.... Either this is a dead cat bounce or we're finding bottom
 
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