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@StackSmartly

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Why do I think #Bitcoin has most probably already bottomed out? Because of the confluence that I see among numerous long-term metrics. Firstly, the MVRV Ratio has already bottomed out. It means that the current market price is very cheap compared to on-chain cost basis. 1/🧵

StackSmartly's tweet image. Why do I think #Bitcoin has most probably already bottomed out?

Because of the confluence that I see among numerous long-term metrics.

Firstly, the MVRV Ratio has already bottomed out. It means that the current market price is very cheap compared to on-chain cost basis.

1/🧵

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If you come here aiming to profit with money as your sole focus, I think you’re bound to flop. You’ve got to be dumb enough to actually love the game.


Essentially value era evolving into narrative era

To identify the Best Coins, ask the following: — Does it evoke strong emotions? — Can it be a part of people’s identity? — Does it inspire thousands of people? — Can it sustain attention for a long time? — Can it become a global movement?



Quick vibe check. Cycle is over

Yes %36.1
No %63.9

147 vote · Final results


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The only time you ever see CT tweet alt season is when alts have already gone up a lot Why is it I never see alt season calls when the market just full blown capitulates like a couple days ago? Much more likely that's the start of the alt season but no one tweets it


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60-day Rate-Of-Change of Alts vs. BTC Last time seen this low: • Terra Luna Crash • May 2021 Crash • BTC violently breaks out to new ATHs in 2020

0xaporia's tweet image. 60-day Rate-Of-Change of Alts vs. BTC

Last time seen this low:

• Terra Luna Crash
• May 2021 Crash
• BTC violently breaks out to new ATHs in 2020

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What people think altseason is market phase where approximately 95% of altcoins significantly outperform BTC while Bitcoin itself shifts trend. • mechanical rotation: capital automatically flows from large-caps into small-caps • universal pump: nearly all altcoins surge,…

Unpopular opinon: Altseason will never ever come again. There are too many altcoins. There is not enough money to pump everything.



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Regarding the button poll At first glance, pressing the button seems like a golden opportunity. Each press has a 50% chance to double your wealth and a 50% chance to halve it, resulting in a 25% expected gain per press (EV = 1.25x). Mathematically, this implies infinite presses…

0xaporia's tweet image. Regarding the button poll

At first glance, pressing the button seems like a golden opportunity. Each press has a 50% chance to double your wealth and a 50% chance to halve it, resulting in a 25% expected gain per press (EV = 1.25x). Mathematically, this implies infinite presses…
0xaporia's tweet image. Regarding the button poll

At first glance, pressing the button seems like a golden opportunity. Each press has a 50% chance to double your wealth and a 50% chance to halve it, resulting in a 25% expected gain per press (EV = 1.25x). Mathematically, this implies infinite presses…

If you could press a button that has a 50/50 chance of doubling your net worth or halving it. How many times would you press it? (put your reasoning in comments pls)



Bro, shit looks ugly.

StackSmartly's tweet image. Bro, shit looks ugly.

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How alts work Market up > "Lemme buy this dogshit pile of poo given similar dogshit piles of poo have 10x the value, good R/R, easy decision" Market down > "Why the fuck do I own a dogshit pile of poo am I retarded? I should probably sell..." The only way for that not to be the…


I had very similar story, important thread

I got drained, fully drained. Hi everyone, I'm just coming to share with you all the worst day of my life, and how it happened so that you guys don't ever have to pass through it. Thread below.



Gem right there

Update on a chart that I personally have lots of pride and value in- I wont post this one again until next year

chrono_chartist's tweet image. Update on a chart that I personally have lots of pride and value in- I wont post this one again until next year


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‘Hey babe, i hear crypto is doing really well!?’

smilinglllama's tweet image. ‘Hey babe, i hear crypto is doing really well!?’

True

The reason why trading is a bit complicated right now is that we're overdue for a nasty leverage wipe which would be horrendous for alts And we're also overdue an (at least) mini alt season You can't position for both, you're either risking getting wiped or missing out



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One of my good friends, Who, by the way, is VERY JEWISH, once said, "You need to be early to trend reversals and bet hard when you spot it." There is no real "trend reversal here" because we've been going up for some time, But there is SOMETHING ELSE that has reversed, And…


Right now, we have memes pumping while most alts are going down + I’m starting to see too much goofy shit on crypto Twitter like ‘these coins will give you 10x this cycle,’ etc. Feels like a local top tbh.


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You have to admit, its fucking uncanny...right!? Exact same spot. #Bitcoin

_Checkmatey_'s tweet image. You have to admit, its fucking uncanny...right!?

Exact same spot.

#Bitcoin

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higher

0xaporia's tweet image. higher

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last time BTC had a few days of sitting on resistance when USDT.D started breaking down before it gave a solid breakout candle, so far, its acting pretty similar, really hard to say if it will continue with not getting a solid hold on resistance here but can't help being…

chrono_chartist's tweet image. last time BTC had a few days of sitting on resistance when USDT.D started breaking down before it gave a solid breakout candle, so far, its acting pretty similar, really hard to say if it will continue with not getting a solid hold on resistance here but can't help being…

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Halvings create floors, not ceilings Halvings raise the price floor by increasing production costs, but they have minimal impact on driving actual price increases.

0xaporia's tweet image. Halvings create floors, not ceilings

Halvings raise the price floor by increasing production costs, but they have minimal impact on driving actual price increases.

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Uncanny. #Bitcoin is in the exact same spot as the last two cycles since the low. I prefer the cycle low comparison the most as it describes the psychological time it takes for investors to recover from a bear market. Upside measures are not relevant, but duration can be.

_Checkmatey_'s tweet image. Uncanny.

#Bitcoin is in the exact same spot as the last two cycles since the low.

I prefer the cycle low comparison the most as it describes the psychological time it takes for investors to recover from a bear market.

Upside measures are not relevant, but duration can be.

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