forums

Off-Topic Stock Market & Crypto Discussion

Advertisement
Bloody out there. With BTC the only positive is when you look at what's going on under the hood. Shorts are leveraged to the ******* hilt. Supply on exchanges is basically all time low. I really thought we'd hold ~2600 ETH and was wrong.

Nice silver lining is we are burning a LOT of LUNA right now.

I think the Fed mentioning any kind of dovish pivot this week helps us find a bottom.
 
Last edited:
Cryptical Envelopment said:
Bloody out there. With BTC the only positive is when you look at what's going on under the hood. Shorts are leveraged to the ******* tilt. Supply on exchanges is basically all time low. I really thought we'd hold ~2600 ETH and was wrong.

Nice silver lining is we are burning a LOT of LUNA right now.

I think the Fed mentioning any kind of dovish pivot this week helps us find a bottom.
Click to expand...
Depending on what comes out of the FOMC mid week, we may see some tangible change late in the week. I'm a bit nervous to make any significant moves right this minute, but I am sitting on some capital ready to deploy if I see some positive signs and can calm the butterflies.
 
Advertisement
mr.h said:
Earnings coming up. Don’t be surprised for them to beat earnings and revenue and still drop.
Click to expand...
The biggest thing with them long term is how much the government wants to bust their chops over the activision deal. I love it and what it means… assuming it closes. I kept some powder dry and am going to slowly DCA in with them and a few other blue chips. But I agree, this sell off is not yet close to done in the coming weeks.
 
Advertisement
Incredible day. Held like a champ. Lol

Any news on today’s volatility? What made us go green?
 
Back
Top