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Epic Pennant on BTC Chart


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5 hours ago, Neurotoxin said:

Hey some time ago we dipped to 30k and then we pumped back to around ~38-39k and I said it was a good selling opportunity for those who bought the dip at 30k, nobody thanked me either 😂. In fact, I got told they were holding out till 40-42k iirc, but I’m not gonna fault him for that, we all have our goals. For me it was a good enough percentage gain. 
 

We gave this advice out for free, I personally don’t expect anything in return. 

Its not about advice, but how narrative is build, if you say 10 times it goes up and only on 10th it go up you get medal! Appreciation and joy.

But, if you tell 10 times it goes down and only 1 time get it wrong, alomg the way down you get a lot of teaching and labels and once you get it wrong, people will be happy to start witch hunting 🤣🤣🤣🥺

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26 minutes ago, ManBearPig said:

I’ve had to stomach some major losses over the last couple months but it’s not bad in comparison to Montezumas revenge coming back from Mexico so the theme rolls on. But now that the stomach has settled and I can finally look at my Blockfolio and budget myself a poolside fine Italian dinner.

 

1564057f0ddcbd6Russian_eating_pizza.jpg

That doesn't look like cat food, that's not the manbearpig i know 🤡

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Jesus Christ, price is in the gutter right now. XRP lost so many sats. I don’t look at charts but I HAVE seen the pattern where BTC had a big dip, and XRP didn’t really seem to follow *at least not proportionally*. Now BTC kind of “stabilized” at a higher price than what it had dumped in, and in the meantime, XRP’s floor seems to be crumbling as it keeps sinking lower trying to find a support that sticks. Sucks to see. We need a new, positive narrative change, a slew of good news and a few tinfoil hatted preachers! 

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31 minutes ago, Neurotoxin said:

Jesus Christ, price is in the gutter right now. XRP lost so many sats. I don’t look at charts but I HAVE seen the pattern where BTC had a big dip, and XRP didn’t really seem to follow *at least not proportionally*. Now BTC kind of “stabilized” at a higher price than what it had dumped in, and in the meantime, XRP’s floor seems to be crumbling as it keeps sinking lower trying to find a support that sticks. Sucks to see. We need a new, positive narrative change, a slew of good news and a few tinfoil hatted preachers! 

Many of us are 2017/2018 bag holders and soon we will be veterans who held through two bullruns and never sold lol this is painful :c

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14 minutes ago, solid102 said:

As long as BTC does not dip below 30K hard I think we are just in the accumulation period in a price range between 42-30k. Just to give you some perspective here is a chart of BTC longs(Highest ever) and shorts for you to compare and judge for your self.

 

image.thumb.png.d3b147d20484bce5324ee2bd3f3eea5e.png

 

image.thumb.png.3e8662a3984f34919f6fd4ca02c8ec09.png

Just gotta sit back and see how all of this unfolds. Thanks for the info 👍🏽

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4 hours ago, Xrpdude said:

Everyone convinced that this isn't a bear market is suffering from cognitive bias in a big way. 

I think it is sitting on support and to say we are now in bear market is to advise to de-risk before the market flips.  De-risking is a good idea if you cannot afford to lose your stake or have already made enough to change your life or you simply do not like the stress of watching your profits go on bleeding (which is a high probability).  There is also a high probability of a strong green candle in the coming days weeks.

 

Web capture_21-6-2021_102132_www.etoro.com.jpeg

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I have just de-risked by selling my ADA stake at a x3 (a 200% profit).  Keeping my XRP and will sink with the market if that happens.  

2/3rds of my original investment is out of harms way, and my number of XRP is  higher than it was before SEC case hit.  I think FLR is a big thing to own and hold.

 

Edited by Julian_Williams
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25 minutes ago, Xrpdude said:

We are about to smash down through 30k, I'd estimate by the end of the week, or if this carries on much much sooner - maybe even by the end of today. Sad times

I’m going for back to $40k by end of the week or higher, just flipped a coin and it told me so 😉👌

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