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Epic Pennant on BTC Chart


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Well guys for those of you that got in late 2017, this is what the beginning of aBull Market feels like. There will be ups and downs of course, but it will get much crazier with much higher valuatio

Just taking the time to say a huge thank you to you @Eric123. I have been reading this thread daily for a long time now. I don't often sign in to post something so this thank you and acknowledgment of

I was a bit bored, so I decided to analyse the reactions in thefirst 404(!)pages of this thread. In those 404 pages,3938 comments received a reaction, and in total there were11515 reactions g

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8 hours ago, Neurotoxin said:

That was my mistake in 2017/18; I didnt cash out. I had literally only just heard of ripple xrp at the time and felt a storm brewing. I got in at 25c and a very short time later, it was at over $3. I should have sold the whole stack, but I was a newbie who knew nothing of the crypto space and greed got the best of me. I thought surely this will grow for more than a few months. I had also just finished a contract that paidme very well so I wasnt in need or itching to take profits. Now, with hindsight (of course), I should have sold at or near the top, then bought back a massive stash when it was in the teens and held until the recent run up to around 70c.

Went in a little bit of a rant here, but the point is, 10x is A LOT. Sure, it might not constitute as a moonshot but damn, its a helluva return. I wish future me would have told past me that!!

I think the problem is you invested too little (and I dont mean this in a bad way, just for context as a whole). We all invest what we can, I understand that. The thing is, the ones who invested little NEED massive moonshots for it to mean anything, (psychologically anyway) whereas someone who invested a significant amount of money, say $10k+, would already be sitting on a really nice pile of cash at 10x, so its MUCH easierto pull the trigger.

Point is, this is very high risk territory, and those who risked it for the biscuit get the multiplicative benefit of being able to cash out earlier because its enough. It also went the other way for other people who did the same but were shaken out and capitulated when they shouldve held.

exactly my experience back then, started researching crypto around Sep 2017, found out the only coin in top 5 that still not yet "moon" is xrp, it "looks cheap", also did a quick research on what it does and i'm cool with what they're trying to do, there goes my first trigger of getting into crypto at around 20c.

not much, just about 250 usd, 1 or 2 months later suddenly one day it is 80c, then 1 then 2, you know the rest, i didnt cash out, thinking i will do so at $100, that's what i set for myself, i NEED that life changing target to happen otherwise there is "no point" for me to cash out, so i'm left holding that bag until now.

during the bear market, i constantly getting myself educated every passing day, realized a lot of things, it also coincides with me starting to have a lot of income from new job, i started to buy the dips throughout the 3 year bear market, the invested amount became substantial and i no longer need $100 to cash out, $10 will do at this point (but still not life changing enough to be able to do whatever i want)

i dont have a proper plan in 2017, i have now, my body is ready, buckle up and reap the 2021 cycle reward.

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29 minutes ago, Neurotoxin said:

Talking us down is an uphill battle that youll never win. Better leave the forum before its too late.

Ahh let m be. Somehow these comments always come exactly at the moment price drops. Just to give people that extra push.

Meanwhile btc dominance is breaking down, indicating the start of alt season.

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13 hours ago, Neurotoxin said:

At least it was only 15% so limited exposure, and ur green on ADA!All this talk about pancakes got me thinking about food, back to the fiskars?

I might have a morsel of cat-food here and there, but Im makingsome cakes on pancake swap by providing liquidity on the Binance smart chain then harvesting the syrup to make some berries. Im just not a profitable baker yet.

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Bitcoin is still looking for support with it's closes coasting along the down trend line which began February 22. As today looks to be another down day Bitcoin will have seen 7 down days in the last 8. Alts are taking the hit harder today being down double the percent of Bitcoin. Honestly next support level looks to be around $39k. On the plus side. Hash rate continues to be strong.

2 28 2021.png

Edited by Eric123
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My latest take. We are in a bigABC correction. This ABC has subwaves of 1,2,3,4,5. Then a smallABC up again(the B-waveof the big ABC)followed by another 1,2,3,4,5 subwaves structure.

The A leg usually has the same decline as the C leg. This would give a target of aprox. 39.5k for BTC.

Looks pretty likely scenario to me at this point. The correction top to bottom is32% and very healthy for BTC if it halts there.

Schermafbeelding 2021-02-28 om 15.45.50.png

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46 minutes ago, Eric123 said:

Bitcoin is still looking for support with it's closes coasting along the down trend line which began February 22. As today looks to be another down day Bitcoin will have seen 7 down days in the last 8. Alts are taking the hit harder today being down double the percent of Bitcoin. Honestly next support level looks to be around $39k. On the plus side. Hash rate continues to be strong.

2 28 2021.png

There are seems no volumes for todats drop?

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12 minutes ago, xrp-nuke said:

There are seems no volumes for todats drop?

Low volume spike either way generally even out. Like everyone Im expecting a wick down to 42k a couple of times before we get a significant bounce, may be lower? Thats why I dont bother trading.... no time to watch all day and the stop loss wicks which leave you

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Part of me thinks the bull run is over, sorry to be the voice of doom. But bitcoin spiked up so hard, went parabolic, and got to x3 previous ATH so for me represents a terrible investment right now as I think there's a chance we are about to ride it down.

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