WTF is now wrong, all cryptos down?

Now is doomsday for crypto and the financial marked, it's all going down with turbo‌ speed!!!! 😡😡😡😡
 
BTC at discount 😛

Remember the old range ? From march 2024 to november 2024, 8‌ months of boring ups and downs between 50-70k range.
 
I thought bitcoin was supposed to be the antithesis‍ to the corrupt stockmarkets. Got corrupted from within. SPX sneezes. Bitcoin is staring at the⁠ abyss. Alts are already dying.
 
dude i am hodling
if the bitcoin ship were to sink, i would‌ probably go down with it saluting

i just dont want it sink

if anything the‍ mental health price paid for being in crypto has been quite comparable to the gains⁠ obtained. It also fries your brain and it's hard to take anything else seriously, and⁤ in a system where bureaucratic parasites can take away your gains at whim....

don't want⁣ to have to end up there...
 
every year Bitcoin crashes to the new high, I bet in the next‌ year there will be another massive market crash and Bitcoin will fall to 150k
 
What about eth and sol shitting the bed and other alts, even the‍ fundamentally decent ones, literally trending to 0?
 
the ETH bubble has finally‍ burst and now it is trading at mere $2700 compared to whopping $200 five years⁠ ago, and same with SOL - the current price of $170 is nothing compared to⁤ its tremendous exchange rate of $16 five years ago.
 
ETH long term charts have turned bearish actually
It did this⁤ nosedive without even reaching prior cycle's ATH, unlike solana, which made a double top

You bring up 200$ per ETH which is the middle of early covid price from 2⁣ bear markets ago. Not a comparison to be made for an asset that is supposed⁢ to be in a log uptrend and in a bullmarket 2 cycles later
 
Have I misunderstood something, or how was it supposed to be?

BTC was invented partly‌ because of the financial crisis in 2008 or the IT bubble in 2000, it was‍ meant to be a resistance to the financial markets.

Now, over 20 years later, all⁠ cryptocurrencies are making just as much as the financial markets do.

It doesn't quite work⁤ as planned.
 
Which financial market has BTC not vastly overperformed⁣ since 2000 or 2008?
 
I keep the BTC for now, but must say I‍ have a lot of fear these weeks including today 😀
 
An aborigen might be afraid (have‍ fear) of solar eclipse. A person who has studied basic astronomy is not afraid of⁠ it - he understands it and takes it as normal.
Same here. 😉
 
Why so mean to him?

Solar eclipses cab be predicted millennia in advance. Bitcoin movements not.

Astronomers are afraid of asteroids.⁠ Crypto traders are afraid of Trump or Musk posting something online about crypto.
 
Yeah analogies are pointless. The fact remains BTC is being commandeered by the exact governments‌ and institutions that BTC was supposed to liberate us from, and misused by the sheep‍ treating it as a speculative asset. If it ends in disaster, it should be of⁠ no surprise any more. Even if price doesn't tank, BTC's purpose is dead now.
 
sup yall

If it breaks the low and holds it I'll exit most of my‌ hedge.

Imma go to Japan to eat Tonkatsu in the meantime
Good luck 😉
 
would you buy BTC, ETH, SOL now with this price? with the intention of holding‌ for a year/years/forever and get x2-100
 
Yes, but BTC only,‍ as it's the only crypto that is sure still to exist, and have a higher⁠ value than today in 3, 7, 11 years.
But I wouldn't expect 100x anymore.
 

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