tangman

Bitcoin: Messing with your head.

BITFINEX:BTCUSD   ביטקוין
The market tends to transfer wealth from the most to the few. Crypto is no different. I watched this play out psychologically in real time in my own head and in others.

I previously predicted that Bitcoin could take a real fall based on a cycle timing, hitting the upper trendline, and getting the crowd bullish with that inverse H&S. Nevertheless I wanted to ride it in case it broke out bullishly. Luckily I got out as soon as it turned.

Right now, everyone is bearish again, and I have a feeling it could turn bullish. One more "scary crash" would be a BUY, in my opinion, at least for the medium term.

Well, truthfully, I managed to trade up to an Vechain X Node and will be locking that up for years to come. That's 6000 Vechain Thor Tokens which I believe has the potential to become the Top Blockchain in the future.

I will take a break from crypto trading for a while, but might be convinced to buy the next CRASH with some fiat. I would love to see Bitcoin have a year-long bear market, where price goes very low. When everyone is saying negative things about it, I might be convinced to buy again with fiat.
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