$Bitcoin (BTC.CC)$ if people ignore the fact that for the pa...
$Bitcoin (BTC.CC)$ if people ignore the fact that for the past 11-12 years September has been green barely 3 times for crypto with poor percentage returns, then people are being delusional.
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riverfish : it's already built in
10baggerbamm : and what you're not considering the fact is this the first time interest rates are going to get cut in September so where is that factored in on your chart on your grid answer it don't exist
trading the day OP 10baggerbamm : I would rather be prepared than going around saying this time is different by the assuming theory. I dont know what makes you believe the market will rally when in fact market usually tanks after the first rate cut and also September 18 is a couple of weeks away. If you havent seen that prices plummets faster than they rise kudos to you.
EZ_money : it's not different... that's called being in denial
104175567 10baggerbamm : people think rate cuts will help btc going up, but nope, ETF is done, institutions are distributing their btc now, they need exit liquidity, the opportunity now is to look for strong competitive companies which are undervalued because of their level of debt
10baggerbamm 104175567 : it's for your second statement it shows how naive you are.. just repeat the same bullshit that people say on TV oh well interest rates are coming down and the magnificent seven are done they're overvalued AI is in a bubble you need to buy the Russell stocks you need to buy utility companies you need to buy Banks. why don't you read my posts because I'm 6 months ahead of all these idiots on TV. I don't repeat what they say cuz I've done this long enough to know by the time these clowns are on TV telling you what to do they've already built positions in them. so by the Russell because those are your low-valued companies with the lowest multiples right except that 40% are losing money and 20% of regional Banks and they're sitting on a trillion dollars worth of commercial loans that need to be refinanced and the values of those properties haven't been marked the market and four to five years and they're down 50 to 70% as a basket so who's sucking up those losses oh you know what it is the Russell basket sucks them up because that goes against the bank's earnings which means they become a more expensive company because earnings are going down price to earnings at the ratio right but you know these things. why don't you tell me where the value is. tell me to buy gold here tell me to buy the mining companies here I was buying nugt in the twenties it's up 100%, the utilities they're up 100% from when I was buying them. don't repeat but someone else says try to come up with an original idea. look at the ETF nail, read my post when I told every to buy it I made 18 fold on my options, read dpst the regional Banks, I told everybody when to buy them when the exit out of a multiple times I traded. look at drn I'm up 50% right now and I believe this is going to go up over 150%. so you see repeating something that somebody else says on TV accomplishes nothing because that's been said before you have to skate where the puck is going now where it is
Ultratech : you can't go by past performances. situations changed since where we were and rates/bond yields decide more direction of these things than months do you can't predict it by that
104175567 10baggerbamm : none of your statement fits into my thoughts, in fact I mentioned in my post that if you keep listening to hedgefund gurus you'll be poor, I said look for strong competitive companies that's undervalued because of their level of debt,
they're not what you mentioned i.e. russel, utilities etc.
104175567 10baggerbamm : in fact this beautifully explains naive people who are following these
I'll never invest in a company if it's bleeding, everything must be a check mark for me, sorry I'm old fundamentalist, I don't do trading like gen z
10baggerbamm 104175567 : and yet you still never said what you are buying now... you see people that tell everybody else not to do something what good is that are you here till like save people's souls to earn your angel wings. what are you buying what is the name of the company right now don't you just six months ago see you can verify everything I'm saying you can go through all of my posts and I tell people when to buy and where to buy them not oh I was up 50% on this cuz you can validate everything I am saying but I looked at your posts and you never say you're buying anything not once..
from March 16th to today all you do is criticize what other people are doing but you never said you need to buy this right now at this price and this is where it's going in this time frame not once why is that? I'll tell you why ...because you're not as good as you think you are.
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