Muhammed
Diamond Member
The BTC halving is expected soon. How soon?
I predicted that it would happen by the end of this week, but now I'm not so sure.
I predicted that it would happen by the end of this week, but now I'm not so sure.
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It seems that the whales may think BTC is in a bubble. Perhaps it's already time to take the money and run. Or they are biding their time.speculative bubble
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify.![]()
Economic bubble - Wikipedia
en.wikipedia.org
Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history.![]()
Tulip mania - Wikipedia
en.wikipedia.org
It seems that the whales may think BTC is in a bubble. Perhaps it's already time to take the money and run. Or they are biding their time.
That is the risk with cryptocurrency, as well as volatile stocks.people have make a decision about when to sell
sell at 10% profit?
sell at 25% profit?
sell at 50% profit?
but if you get greedy and stay too long you might be caught in the bubble
Speculators such as myself seem to have already doubled the BTC price preceding the next halving. And really big banks were hitting it too.That is the risk with cryptocurrency, as well as volatile stocks.
People who got in early on crypto made 40 to 1000 times their investment. But the chance of that occurring now is seemingly slim to none.
A lot of folks are playing the peaks and Lows of cryptocurrency. Meaning that they are buying at a low point and then waiting for a 10 to 15% jump in profit and then selling. And they do that 5 to 10 times a year if not more.