Bitcoin seesaws near $60K: Is 'stack and hold' still a good idea?
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$Bitcoin (BTC.CC)$ My professor whose a self made multi-mill...
$Bitcoin (BTC.CC)$ My professor whose a self made multi-millionaire in crypto says he doesn’t see this as a sustainable uptrend. He says there will be more fuckery until October and thats when we break out from this consolidation. So I’m shorting btc. stop loss at highs. The elites will gladly inflate the prices with perpetual futures just to exit their spot bags and its very easy to see everytime we sell off at the highs
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Ultratech : instead of shorting things why don't you learn to invest. do research and figure out how stock market works instead. shorting btc is speculation
The Stock Prince : Is there any chart or analysis your professor shared to back his theory or is it just his “sentiment”?
TeslaSmurf : Shorting in an uptrend is not the most intelligent thing to do.
Better buy the relevant dips, as you want to have a good bag in $BTC.
I bought three separate lots in $BTC and BTC related assets ($MSTX and miners) around 37K, 44K and now still building the 61K(average: if it goes down I buy more, otherwise I’m ok). Build positions. Shorting a growing asset is totally out of control.
Ultratech : please just give your money to a homeless person
Stock_Drift Ultratech : I’m wondering why he had to make this public?
Ultratech Stock_Drift : mental illness is the most common disease in the world today