1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

mannyrs13

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w3TQ9Lob


Hopefully that bottom of the cloud is the low for the day. But it if does follow the bottom of the cloud it can get worse for the time being. Long as it stays above the purple line. But bigger drops might mean going back to mid January prices. And that'll drag down everything else for the most part. It had the big red candle back in January followed by a smaller one and then green for the most part except for that one big low around the 24th. Hopefully if it drops tomorrow there could be a slow and steady climb back up. Get back over 41k first.
 

mannyrs13

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Why is it that almost everything im reading sounds positive but the numbers are all red :gucci:

Cuz of regulation talk. US gov controls everything. They do something and the whole world pays attention and panics. Biggest economy and GDP in the world. The other countries find out the Americans are dealing with regulation and raising rates and selling crypto and then they start to sell as well. The same FUD that seems to happen every year. Can just stack up what you can and leave yourself enough to survive to the next run up.
 

old pig

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Why is it that almost everything im reading sounds positive but the numbers are all red :gucci:

that’s how a bear works…I remember the last bear some groundbreaking news was dropping and the market was like :unimpressed:

meanwhile during a bull the most flimsy rumors would send coins flying…just pay attention to the coins that are receiving the positive news, buy while they’re low and wait to unload them during the next bull when they run
 

(ALi)

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that’s how a bear works…I remember the last bear some groundbreaking news was dropping and the market was like :unimpressed:

meanwhile during a bull the most flimsy rumors would send coins flying…just pay attention to the coins that are receiving the positive news, buy while they’re low and wait to unload them during the next bull when they run
Do you think we're in a bear market now?
PS RSR is at a good price point, lowest it has been since a year.
 

old pig

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Do you think we're in a bear market now?
PS RSR is at a good price point, lowest it has been since a year.

ya just my opinion at this point

PS RSR is at a good price point, lowest it has been since a year.

it is…I’m gonna be greedy and wait lower tho…I wanna see the impact this biden crypto shyt has
 

mannyrs13

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@BenchPressPapi you mess with SCRT? Someone told me about it on Twitter and I thought it was an airdrop I never claimed so I didn't have any. Converted some other coins for some and now looking to get them staking so I can build up a stack. Hopefully hit 1k of them by end of year or sooner if prices stay low.
 

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Buying alts at their lows is probably a good scalp opportunity in the short term, but it means nothing for the long term as long as uncertainty exists. Traders/investors are still under appreciating the alignment of bearish current events and the ramifications if they worsen. Macro landscape has changed, inflation, and now the looming threat of a russian invasion of ukraine. Markets won't find a bottom until some or all of these uncertainties are addressed, and high beta assets like alts and tech stocks will get the worst of it. Biden's regulation news wasn't what made the markets sell off it was a series of bad news coming out of Ukraine. Biden doesn't want to hurt US crypto investors, so he will wait until crypto bottoms to really push for regulation, for now it's just more of asking agencies to come with a solution, not a real solution.
 
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