BTCUSD Fair warning, but when Bloomberg and mainstream bloviators on FinTwit & Fintube suddenly all turn positive in unison, singing it's praises, etc etc, after nearly a decade of first ignoring, then ridiculing, then constant drumbeat of bashing in almost perfect unison, it might, JUST MIGHT, be a goo time to think long and hard about booking some gains, or in my case, booking a boatload of gains. Cause I'm just greedy like that an love to sell to uniformed volume at or around short term, intermediate term, and/or longer-term tops because I get a sick pleasure of buying it all twice the amount I originally sold at the top when everyone is panicking and I get 2x-5x the amount at 1/2-1/5 the price.
Call me what you will, no doubt I've been called worse. Loved selling a few years ago around $18k fiat USD FRNs per BTC but not quite as much as I enjoyed buying back just under
4K fiat USD FRNs in Feb/March earlier this year. I'm an asshole I know, but I guess I am who I am. My good deed for the day though is this heads-up, though I doubt the hoodie HODLER Maxies are capable of entertaining a critical perspective that might challenge the sacrosanct tenets of BTC Maxi HODLism. But to each their own, I guess. Just to be clear, I do find the technology and ecosystem to have extrordinary potential, myriad use cases, and disruptive capacity in nearly every industry imaginable. So I'm largely positive and bullish in the longer run, assuming the new quantum-based computing that is poised to make today's best cryptographic security obsolete rendering the entire concept untenable. But I digress. Don't cancel me BTC Maxi HODLERs, just trying to provide some balance. Either way forewarned is forewarned.
Don't shoot the messanger!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.