WTF is now wrong, all cryptos down?

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jorge

🗣️ Loud Newcomer
Oct 5, 2012
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What's going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?
 
You call this down?

Screenshot_20241114_163656.webp
 
textbook bear market sign 😀

let's blame Bhutan gov - they deposited 365 BTC to Binance - maybe they got a consult from Germans and are up to something...
 
don't worry, it's completly normal. Btc will drop to around 85k to liquidate the positions, then it will go up further.

boring marketmaker work..

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Your doomed

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Winners never quit and quitters never win....
 
jorge said:
What's going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?
Click to expand...
newbie in btc/crypto, right?
 
Why do you consider them idiots ? 😀

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
 
EliasIT said:
Why do you consider them idiots ? 😀
Click to expand...
I doubt that Bhutan government needs 33M (they cannot get another way) to spend for something sensible - as it would be the only excuse to do something like this

or maybe some government expert wanted test the whole process of cashing out through Binance and forgot to switch the units in the "state bitcoin wallet" from bitcoins to sats. 😀 what do I know...
 
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