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  • LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

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I wish. If I don't just cut my losses then I'll probably double or triple down around 10k if it gets there
 
Yeah that's what I'm playing, ethereum. I probably should buy MSTR stock right now at $170ish to play a bitcoin bounce, although the stock was lower when bitcoin dropped to $20k a while ago, so idk
 
Remember when celebrities were posting pictures drinking at a full table like "we just bought bitcoin and joined a bitcoin club" when bitcoin was like $58K

Yeah that was an obvious top signal
 
Electrum1 said:
Welp, guess it wasn't the crypto bottom that I bought yesterday
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i still say keep buying if you got money, it's gonna spring back up - average out your low from yesterday to todays low


it's fuckin bullshit tho that this one incident tanks everything - its ridiculous

you can't go wrong buying matic if you ask me - but what do i know - im just an idiot waiting for it to pop back up too
 
Yeah, I put $1,720 in ethereum and I'm only down like $180 so far. I'm waiting for a blowout bottom to put money into MSTR stock (owns 130,000 bitcoins)

I want to see a total capitulation bottom where it drops like $2-$3K in 15 minutes on massive volume, then bounces and makes a sharp V pattern. I'll buy a ton right away if that happens, and sell on the way up until I have a "free" position after taxes

Guess that fat annoying kid that ran FTX is on the run now. $8B wiped out. Now the SEC is looking into it. Can't take many more of these before govt regulation happens
 
After a long time trading I should've known to wait. The rule is to buy on day 3 of huge crashes that are caused by a specific event, not market wide panic, that's different, and to sell some or all about a week or two later on the bounce

Being too early costs money, even if you're correct
 
i do wonder if Solana is gonna survive this tho....it doesn't look good at all for them - and they were somewhat similar to Luna
 
I don't want to deal with any of the others besides bitcoin and ethereum. Those are all I need to make trades

One "good" thing out of all of this could be this
CZ announced on Tuesday that Binance, the world's largest crypto exchange, will begin doing proof of reserves soon via a Merkle chain. This means that all crypto traders on the exchange will be able to verify that the exchange has reserves that match client deposits one-to-one. This will increase transparency and help to rebuild trust in the cryptocurrency space.
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i'd like to point this out tho - even tho the market is tanking, Matic is still only at the price it was on 10/22 - so as bad as it looks, it really still isn't that bad
 
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