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pension fund wallet with 79.5% accuracy is underwater on a $62M ETH short and not closing
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Nothing wrong with that but this is what most would argue AGAINST - buying while something is GOING UP vs when something is down. It's more about having a long term plan which is what Buffet and most great investors do...Not saying crypto is for you and who knows!? Gold has been/was a terrible performer up until the last few months-- as was Silver. Guessing Stocks esp. with AI stocks, will go up quite a bit but I def. think there will be a very SHARP correction on those and maybe at that point the Crypto market will take a turn to the upside. I just know that "Jumping "from trend to next trend" always works against ya. So many folks I told about crypto in 2019, 2020 didn't care and when it went up crazy started buying summer of 2021 right before the crash. As per ususal -- better to just buy and hold long term and diversify as a gold rule.
Post is by: uamdarasulka and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s4hte6/pension_fund_wallet_with_795_accuracy_is/ so this wallet i've been tracking for a while now — "Penision Fund" on the leaderboard, 79.5% accuracy across 200 calls. it's sitting on a $61.5M ETH short from $2,034 entry. ETH is at $2,051. position is red. they don't care. also running a $34.3M BTC short from $68,884. BTC at $68,662 so that one's barely green. but the point is they're not closing either of these. same wallet i posted about when it opened the $65M ETH short weeks ago. still there. what got me looking again is the overall board. every single high-accuracy wallet is short right now. zero longs across the whole SHARP group. fear and greed is at 10 and these guys are still adding to shorts not taking profit. one exception and it's a weird one. there's a wallet with 99.2% accuracy — 119 right out of 120 tracked calls. holding a $44M BTC long from $67,418. that's up about 1800 bucks per coin. but the wallet hasn't been active in 3 days so who knows if they're even watching. SOL and XRP are the only things whales are buying. everything else is a dumpster. TAO has $228M in shorts lol. $841M got liquidated in the last 24 hours. i pull this from [swarmintellect.com](http://swarmintellect.com) *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.*
>Crypto is a strange mistress—sometimes she’ll make you rich, sometimes she’ll ghost you. Stay sharp. What'd you mean STAY SHARP??? Is that "Not selling, not buying" strategy???
Here's the thing. This will either be a genius move or it will not (at least in the short term). If a particular US President is elected, then we hit a new ATH around 11/6, or thereabouts. There will be a SHARP selloff as people who bought at 74k will want to get their money back and leave this space. If another candidate wins, we will go back down to 30-40k (you buying at 60+k will have been a bad investment..hence the DCA advise) and we will be in the 30-40k range for another 2 years or so.