BackInTheGame78
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The middle class is getting crushed but there has never been a way for the middle class to move up in class so quickly in history.
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Crypto trading
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BackInTheGame78
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And just as I posted that last one...I come across this story... hahahahaha
www.yahoo.com
A nurse made his entire day's wages trading crypto on his lunch break, so he quit his day job and now makes 7 figures
Since quitting, 31-year-old Josh Dorgan now spends more time with his newborn, Bloomberg Businessweek reported.
Agree, never been easier. Have to decide which class you want to be in. Middle is decreasingly becoming an option.
BackInTheGame78
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Leave it to the Asian Markets to tank BTC right as it was approaching an ATH, SMFH. What's new tho.
BackInTheGame78
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BTC...welcome to a new ATH! Now everyone get ready, sit back and enjoy the ride!
Time for price discovery, the final leg of these bull markets is when it goes most parabolic. For everyone who is new, make sure you have a plan for taking profits. It will feel the most euphoric when it is a good time to sell some off.
BackInTheGame78
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@TechDev has pretty convincing posts comparing the last 2 runs and showing where to take profits...
According to him if it follows the previous 2 FIB patterns(it already did for the bottom), then the high will be in the 288K range...which is insane!!
I follow him too. Yeah a couple different indicators and models are pointing to that range. The only thing that makes me have some hesitation is so many people are expecting that this time around and the market usually doesn't do what consensus is. Either way, expecting massive growth, anyone in right now is going to make incredible gains over the next few months. Just want to make sure you keep them! Max pain is watching all that money you made slip away, ask me how I know haha Good learning experience though
Reyaj
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Wait when should we sell? I thought we should go long with this (no homo)
Depends what you are in. Nothing wrong with just holding bitcoin and a few others but on a parabolic move up there is usually a large correction back to the trend line. Definitely sell any small caps or meme coins if they pump hard. Long term the good ones will trend up, just lots of ups and downs. Typically there is a 1 yr downtrend after a large bull market, look at 2018 and 2014. Personally not selling any bitcoin, all my alts except for some ETH is getting sold though. WIll buy some back
100k? It's already on it's way.
Get into smallcap meme tokens like: Hanzo $hnzo gatsby and flokipup and helios o promise you thise four are about to go parabolic. Hanzo is especially special.....it is like buying floki at 7 mil mcap.
SargeMaximus
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Bought some ETH just now. Cup and handle formation with downtrend breakout. I like it
Reyaj
Master Don Juan
Have to see how things play out, if it just keeps going straight up without any pullbacks to find new support will probably sell some off. If its a more measured slow growth would be less likely. Would just get your BTC and eth buys in sooner than later. Getting to the point where much higher you could be underwater for a bit in a bear market. Wouldn't be surprised if this area is the bottom of the next major bear market. Long term future is very bright, just don't chase if it really starts pumping hard.
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BackInTheGame78
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I'd be careful with that...some alts are pumping 25-35% or more in a single day now...NU just went 367% in a day
BackInTheGame78
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It's a pretty green day for alts again today...SOL up near $200 again after being in the 155 range for a while...
Many of the alts are soaring right now and outperforming BTC...
I'm not sure what your point is, performance of difference coins can change daily.
To give you some perspective of what I am talking about, look at the 5yr charts of different alts on trading view, Priced in BTC not USD. You typically get two price spikes per 4yr cycle in the 1yr period of a bull market. Those spikes are typically in what to is referred to as "alt season". Between those alts seasons when you see their relative BTC values tanks, they may be holding up in USD but that is when BTC is running hard. There are many smaller cycles within larger cycles, all ebs and flows. All alts get absolutely crushed in a bear markets, the good projects eventually recover however many of them never reach their ATH's again. Look up the top 25 coins in 2017, some are still the same however many of them are no longer there
Change these charts to the 5yr
ETH BTC – Ethereum to Bitcoin Price Chart — TradingView
View live Ethereum / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
ADABTC Charts and Quotes — TradingView
View live Cardano / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
XRPBTC Charts and Quotes — TradingView
View live XRP / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
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