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Post is by: Flaky-Proposal-357 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1phdt9u/everything_is_a_bubble/ For 10 years I’ve been hearing it Blabla crypto is a bubble .. AI is a bubble.. Guys EVERYTHING IS A FRICKIN BUBBLE! You honestly believe your Mercedes, Jaguar whatever your Lambo has the value it actually has? Your golden Tiffany necklace? Your iPhone? {insert random product} Wake up. Take the pill. See you on the moon. 🌕 Out. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Every “BTC IS DEAD” is a brushstroke on the survival canvas. Every “BTC IS A BUBBLE” is a shadow on the legend.
TA is just astrology for gamblers, but even worse: some people who follow astrology, at least acknowledge that it's just for fun. Every time I see a TA bro sharing his "analysis", they go quiet when it gets obliterated by markets, or try to pull a whole new mental gymnastics of "imma go study and revise my analysis". Unless people can give *rigorous, statistical* verification of their "TA" being profitable, they got nothing - and people who actually understand the scientific method [see it for the sham it is.](https://www.ifo.de/DocDL/cesifo1_wp10213.pdf) The fundamental flaw with TA is, that is trying to *predict an effect from an effect* - not a cause. If people just sit down and *think* about market dynamics, they will see that what they call "support/resistance/head-n-shoulders-n-ass-n-elbows", are actually just price zone where the markets were waiting for a massive news event - i.e. cause - to be released. They don't *predict* anything, they are just a point of reduced volatility (and volatility does not predict direction). On top of it all, you can literally re-create *all TA "patterns"* from a literal Brownian motion: write a simple Python script of increments in say 1/100th units with the increments selected from a pure IID random generator, and let it run for thousands of steps. You will see *every TA pattern* emerge just from pure noise. People can keep whining about, "muh non-Gaussian/log-normal returns distributions", but throw a GARCH simulator at whatever data you have, and even that clustering disappears. But that's already too technical for the "technical" "analysis" cult. Anyway, so that leaves us with Fundamentals and Sentiments. As for Twitter sentiment: I used to think it was just a meme, but holy shit just last week I saw such a pathetic meltdown *from every cryptobro on twitter*, declaring they are "100% quitting this scam bro, what a waste of time bro", then next day they are screaming, "BULL RUN IN COMING YOU HEARD IT HERE FIRST!!!", then the next day, "THIS IS THE END BRO, REPO BRO, INFLATION BRO, BUBBLE BRO" and so on. So, there's an echo chamber for each demographic. You can choose to be "Chad Bull" today, and twitter algo will fill your feed with totally brainwashed cults chanting how they are the "hustlers" who see the bigger picture while "The Man" tries to keep them down (throw in some cringe memes, reposts, merch shilling). Or you can choose to be pessimistic beyond measure, and everyone will be telling you to recycle your pee, hunker down with 12 months' supply of canned food, because the modern civilisation as we know it is about collapse, come Monday. Twitter was built to cater to your personal insanity, and rest of the social media learnt how to emulate that algorithm. Finally, we are left with Fundamentals. A lot can be said, how much every top trader, economist, analyst at big banks stick by following FA and expanding your trading horizon to at least months, if not years. That there are no "get rich quick schemes", even in crypto. And crypto itself is/has never been, decoupled from macro events. The blinding exponential growth crypto has seen since 2010s is primarily because of the extremely accommodative, ZIRP environment created by Feds and ECB. The cryptobros can't comprehend that their little fantasy projects (even Bitcoin) would've been suffocated just as quickly it set foot in the real world, had it not been for the tsunami of trillions in credit sloshing around the global markets. For retailers, there is literally no other hope than FA. It also means, day-trading on meme/shitcoins/obvious rugpulls, will not make you a millionaire, no matter how many, "bUt I dId It BrO i Am SpEcIaL!" shilling some people do on social media. Fundamentals also means that during heavy downturn, when you start questioning your investments, *you will have an actual answer*, rather than a prayer/copium, that the shitcoin you're bagholding somehow magically reverses trend and goes to the moon. This is not to say, that you won't miss out on crypto going 100x/1000x even, because the underlying Fundamentals look fishy. Sometimes, you don't even have access to the news, because you don't have tens of thousands to spend on infrastructure/people a month, that will allow you access to news before others. Hell, you probably won't even be able to have access to the crypto that has good fundamentals. It only shows up months later on CEX/DEX, when the whales/people close to founder(s), have already had got their quota filled. Best I have found so far, is to mix Fundamentals with looking for a niche with promise. Retailers are at a serious disadvantage from the beginning, and you are hoping to find an instrument that still has potential for growth, after the big players are done ravaging through it. For crypto, I see it usually with crypto that had great promise in beginning, had a massive hype phase driving it to insane valuation, followed by a massive crash when that hype was not realised *yet*. The potential is still there, the devs committed to the original vision are still there, it just needs time. Because that potential is going to get some Fundamental driver to materialise: sometimes collaborations, or adoption due to major news events, or hell even just an ETF. It may or may not happen for meme/shitcoins, but for a project with good fundamentals, it is bound to happen.
Correction: double bear BUBBLE butt candle
There will be people saying this for the rest of our lifetimes. It could be 2095, but this is the year THE BUBBLE POPS, something something, they *knew* they were right!
lol these posts. Bitcoin just lost five grand and it’s still just below $100k. This is not shambles. This is called RIDING THE BUBBLE. You think this is bad? Bitcoin could drop to $70,000 in an hour, which would trigger a massive sell off in alts to cover btc positions. This is normal volatility. This is a buying opportunity. Just look at the 12 month charts and you’ll feel better. If you literally just jumped into crypto for the first time, buckle up. You might skyrocket or you might sink like a rock but five years from now, you’ll be smiling.
Yup. I will get downvoted for it, but I am just here to make some money. I got no trust or use for any crypto projects other than bitcoin. I will cash out on alts after march, when the hype dies down. I will hide for the next 3 years for the bottom to hit. Buy some hyped up tokens. Wait for the next bull run and cash out again. And make no mistake, this IS A BUBBLE. It's gonna crash sooner or later.
LOL ... sure ... the fact that you GAVE BILLIONS UPON BILLIONS in bailouts to failing giants isn't ... or that you PUMPED a HUGE REAL ESTATE BUBBLE ... NAAAHHH ... IT's BITCOIN LOLOLOLO
Or my favorite of them all: BUBBLE
Dropping interest rates while inflation is still high? I don't think so. House prices are still going up. Food, rent, electric are still going up! BUBBLE!
I just turned 18 2 months ago i had savings and now about 1000$ in btc so i am happy with what i have all i do is buy the dips now after i had a few stupid begginings with trying to trade alts, now all i do is dca and chill, i think that i wont sell this bull run unless we have a MEGA BUBBLE like 1million$ but unlikely, if that hapoened i would def sell and buy lower again
Practice makes perfect start with setting up a recurring buy every day DCA AND HODL you could add more in manually when you want. DO NOT TAKE MONEY OUT UNLESS YOU NEED IT OR WANT TO LIQUIDATE WHEN YOU FEEL LIKE YOU ARE IN A BUBBLE.