Posts about Crypto
When Bitcoin performs well, many altcoins follow it and experience a surge in value as well. Usually even more than how much BTC pumps.
This was not the case however this time, with the number of banks collapsing, BTC also saw a massive price cut.
However, BTC decided to be BTC again and had a huge 20% daily candle.
BTC, almost back to its 90 day highThis was not the case however with alts, with most alts bleeding compared to BTC
Bitcoin also recently flipped tech giant Meta and is approaching Tesla in market cap
BTC is clearly doing very good compared to US stock market (YoY) but a point to note here is that it is also gaining in tech related MC index. Which is a very good sign because Bitcoin has usually followed NASDAQ.
*This is NFA, crypto markets are very volatile no one knows what will happen in the future*
Follow-up post to: What's your biggest W in crypto? : CryptoCurrency (reddit.com)
I'm looking for a reality check after past days' euphoria in the markets - what is your biggest loss, your biggest grief, whatever you wanna call it.
You bought at the top? How much did you lose before selling (if ever)? You bought into a shitcoin that dumped? Were you one step before buying bitcoin back in the day? What stopped you?
I'll start with mine: I managed to lose 30% of my portfolio trying to swing trade hype coins, before the coins pumped again, only to buy again and lose more money. I then decided that I'm not really cut out for daytrading.