⚠ I have sold Bitcoin, here's why
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Пікірлер: 154
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@wernerbro3208
3 күн бұрын
Dude, we need you on Invest Answers and CTO Larssons podcast. You provide intelligent and great information, as do they. I think you lean more to CTO to investanswers, but we need all your points of view. I think you 3 are the best BTC youtubers.
Open a short then, tp 30k and liquidation price at 100k. Then make a video on the entry and position size. Put your money where your mouth is.
@Bacrenfencing
3 күн бұрын
Agreed, but no chance of that happening or he will be fully exposed for all to see.........
@user-ds2ql5nn2s
2 күн бұрын
He is a clown
Just the usual summer lull like all the other years........you are talking like we are heading back into the bear market which is absolute nonsense.
@martinkazako2292
3 күн бұрын
You gonna see bear market when FED starts to diminish interest rates. BTC might go to $20k-22k
@Bacrenfencing
3 күн бұрын
@@martinkazako2292 LOL....
@raymondabrenica8471
3 күн бұрын
Bear market is very unlikely. But anything is possible.
@myselfidontagreewithyourse6306
3 күн бұрын
@@martinkazako2292 they cant lower interest rates, thats why they didnt...theyre manipulating the perceotion of the us economy. If they move the interest rates lower things collapse
@wyvernmounir530
2 күн бұрын
We will never know
Selling in a middle of a bull run before any hype and euphoria is top paper hands energy. Even considering triple top is embarrassing. Bitcoin will never be 30k ever again, even 40k is questionable during the next bear market. But you do you, gov bonds are so much better, right?
@johnnymassarda
3 күн бұрын
this guy is a idiot, im sorry... if you sell your bitcoin you will be sorry. rises 60% every year, let it drop ill buy more.
@pastet8950
3 күн бұрын
The moment I read "never be 30K again" I knew I should not take your comment seriously sir.
@Robertx2xx
3 күн бұрын
Bitcoin is technology. And ALL technology always gets replaced by newer and faster technology. This will also happen with Bitcoin....in the end 😉
@suubisss
3 күн бұрын
The Motley Fool advised to buy Bitcoin today for at least $1000 and holdl (read their article for details) don't sell BTC people.
@env0x
3 күн бұрын
theres no new retail since march just whale sell offs and now nothing new in retail space no news from the SEC no interest rate cuts no new adoption, big presidential debate did nothing to price action... there is no hype yet dude
USDT also slowed down in summer 2020...nothing out of the ordinary...DYOR
I'm just holding. Whenever I try to time the market I just lose money.
To be honest I don't care if BTC falls to 30K .I bought at 800 USD low and the Highest price that I bought 1200 USD !Nevertheless thumbs up from me
@Medreg1983
3 күн бұрын
Wow. If only could go back to those times.
@suubisss
3 күн бұрын
Exactly, moreover, 30000K/40K/50k/,60k will look like $800 in ten years time when it's in the millions and people will wish they'd bought some.
If you sold I’m buying
so far ETFs have been bought by 80% retail....because institution can't just employ the assets in a few weeks...they need around 8-12 month to do all the paperwork and check before they are allowed to invest into ETFs...patience
"Important to time the market." But you can't time the market as Saylor has told countless times. So just HODL bitcoin. 99% of the time nothing happens. Everything else is noise.
@hendrik101
2 күн бұрын
But Saylor has a lot of money and we don't. I need fiat to pay my daughter's school tuition
Bro is paper hands
With information that the Mt Gox overhang being finally removed, could cause a pump. The same may occur with the other major overhangs from the US & German holdings. Investors may be waiting for the short term dips associated with these future events. Until BTC shift from minority to majority global adoption, the price may continue to have significant cyclical gains. The regular quarterly 13F disclosures and US legislation starting to build a supportive legislative framework are potentially the springboards toward major adoption.
If btc goes to 30k most alts are going to 0 lol
What are you going to buy if you sell Bitcoin ? Stablecoins ?
It's probably 50/50 because there is too much bearishness right now. I'm holding. I might lose my gains or a bit more, but I don't care. I'll buy the dip again.
@6:18 Oh man...this chart. It looks like all three prior times it levelled out here and then the colors trended upward, the price tanked. Thanks for all you do. 👍
Why would the ETF/Wallstreet buyers distribute without a profit? There will be a markup before a major markdown..
I'm pretty sure this dude hasn't sold his Bitcoin; he's only saying this for the views.
but when you say 30k you mean in this cycle? a d then can retest 70?
Loading my bags on alts.
Bears always think they sound smart, but they will never tell you about their losses.
Sure. Hopefully like your Fet call
not bad. i sold one day before alltime high. but why announce it only three months later?
30k isn't realistic in the short term if we're in a bhkmm market. Maybe next bull market it retest that area since it never did back earlier in the year
Yeah, I need to learn to preserve capital. I should have sold the first top and waiting a month. We could get a brutal red candle soon when stock markets roll over.
im going to follow this guy because im going to laugh at this video in 6 months
@alekscortez2516
2 күн бұрын
Keep it to yourself. Win is win if don't agree keep it withyourself.
Well thought outyou should post more!
Do these youtubers always suggest the opposite or what should be done? They sell and short when the price is falling and long and buy when the price is high.
You sold ALL of it!!??
Always giving good insight. Awesome to see the channel grow but the analysis staying keen.
Fascinating few months ahead for small blocks v big blocks Bitcoins As you point out Mt Gox circa 141,000 BTC and BCH will be returned early in July... It will be interesting to see if some of those early Bitcoin adopters were or are now Big Blockers and if they sell BTC and buy BCH ( 1 BTC into about 150 BCH at todays prices)
@dickwagon1314
3 күн бұрын
Block wars over dude
Sell support / Buy resistance. Great strategy
@BitcoinStrategy
2 күн бұрын
🤣🤣
@BitcoinStrategy
2 күн бұрын
Not sure of there was ever a crash where people didnt first see the support 🫠
But none of the common indicators suggest that we're close to the top, not the 2-Year MA, Pi Cycle, Golden Ratio Multiplier. This bullrun can't actually be over already, right?
@defaultdefault812
3 күн бұрын
It can be, yes.
@Stanky_Foot
3 күн бұрын
the fact people think this is the bull run is the funny part. we're still just exiting bear. I have been in the shitcoin scene since 2020 and I can tell you for a fact euphoria has not been hit. We're talking about the point where even outright scams and rugpulls would pump for several weeks before pulling the plug. It's not yet like that. this is the time to accumulate cheap alts
It's Australia tax time so a lot of people selling but they will buy again
Why talk about 30k we are in the 60 days cycle low.. we sre about to see push from here.. if you know you know !
@ThePANDA1885
3 күн бұрын
Too much camel action!
@Mikanoshi
3 күн бұрын
double hump daddy represents
@seanmonear4917
3 күн бұрын
😂😂😂 we in wave C of 4 and in that 5 wave move we are in wave 4, regardless if we pump up a little btc still going to come down lower. 48-56k will complete wave 5
@defaultdefault812
3 күн бұрын
All astrology with no predictive power.😊@@seanmonear4917
@lyb777
3 күн бұрын
@seanmonear4917 sure , am long from 60k , you go ahead and short it then.
Congrats! I sold a few weeks ago when it was a lot higher.
why did they not distribute Mt gox during the bear market? This smells of manipulation... maybe Blackrock want those bitcoin and reduced prices.
So he sold at the he sold ATH and last week probably for ±70k/btc..now we can use hindsight and see if he timed it well. Best of luck🤞
July 1st NEW TAX YEAR... 2 DAYS TO GOOO TILL PUMP.... GET READY.
Closing in on that 100k . Let's GOOOOOOOO
maybe he is right maybe not / longterm bitcoin will rise
Markets affected by SEC and whales takes monet to cold wallets and usa elections so im joining events in mexc these days
Also the assumption that 100% of Mt Gox BTC will be sold. I am guessing most of those Holders understand BTC more than the average person and most likely to keep holding a majority of their BTC.. I bet 40% sell off
I wasn't ready for Gerhardt to turn full bear/jeet.
@BitcoinStrategy
2 күн бұрын
Ha - very few people sell in time 😏
Guess I'll be back in 2026 27!
I have made a chart which accurately predicted 2021 2 tops & recent 73.7k top.
The weekly BTC trend has been a great indicator for years and years. The weekly BTC trend is definitely your friend. The trend is still up…so.
@defaultdefault812
3 күн бұрын
@@chrisknepper5153 the price of BTC has to fall significantly from here to flip the weekly trend. Are you going to bleed until then when there's pretty clear signals?
I am not surprised at all to hear this, as you have shown data in video after video showing the inflows into crypto leveling out... there simply is no fuel to propel these markets higher until something dramatic changes. I have been out BTC for a short while now, but will definitely be looking to get back in as the price falls below $42,000. Thank you, Gerhard for always bringing reality to a mostly fantasy crypto world! 😃
@Mikanoshi
3 күн бұрын
Ha, good luck to you. It's not 2019.
@defaultdefault812
3 күн бұрын
@@Mikanoshi ?
30k soon
@magikavoncary
3 күн бұрын
Probably not:-)
@janwillemkrijger9688
2 күн бұрын
You are right ! However September will be upwards again
It’s my only chance of being rich. I’ll ride to zero.
Thanks. Gonna do the opposite of what you are doing.
@BitcoinStrategy
Күн бұрын
Good luck. The market will be the judge 🫠
Nobody knows where the market is heading towards so let’s not speak with certainty that it will go to 30k. You are giving financial advise in this video which you should definitely avoid. let your viewers DYOR
mt.gox wont distribute all. japan laws
lol i can see some of those perma bulls lurking in the comments :P
@BitcoinStrategy
2 күн бұрын
Ha true 🤣
Too soon junior 😂
Just unsubscribed sorry, your advice is all over the place.
poo hands,conviction of paper.. Have fun staying poor lol. Some people will never learn..🎉
So you sold at a major support level, in a rectangle pattern (which has a probability of breaking out to the upside 2/3rds of the time), market is oversold, and in fear..... Why not sell if it was to break that May low, not on major support. Newb content bro
make a premium for the third world. 100 dolars is costly, haha
Germans and English...
😂😂😂
this is stupid, because there is so much going on with alt etfs now. to sell now, you might be able to buy back at 55k, but it's not going to go lower than that.
@BitcoinStrategy
3 күн бұрын
What makes you believe 55k is the floor? The annualized BTC etc inflows where less than 1% of total supply in the last 8 weeks
1st viewer
@BitcoinStrategy
3 күн бұрын
Nice 👍🏻
Ger, you arent being truthful
@BitcoinStrategy
Күн бұрын
How so?
good luck hahaha
Sold mine yesterday - glad I made the right decicion!
@Bacrenfencing
3 күн бұрын
Jeez, selling pre Bull market, crazy, but you do you !
@mugen2000
3 күн бұрын
@@Bacrenfencing all in into altcoins bro
@GH-uo9fy
3 күн бұрын
@@mugen2000 lol, alts are gonna get rekt harder if btc falls. Not really a smart decision if you're bearish on btc.
@mugen2000
3 күн бұрын
@@GH-uo9fy i didn‘t say that i already did threw all in now. Sitting on the sideline and keeping my dry powder ready forcthe right time.
@defaultdefault812
3 күн бұрын
@@mugen2000terrible idea, all are correlated with BTC.