The most stable thing in crypto isn’t USDT—it’s my losses.
I’ve noticed a pattern: every time I open Binance, BTC is falling; every time I close Binance, BTC is rising. The only thing that never changes is that I always get the timing exactly backwards.
At 4 a.m. yesterday, BTC wicked down to 80,344. I was sleeping like a baby and completely missed the perfect buying opportunity. I woke up at 8 a.m. and it had already bounced back to 82,000, so I chased it. Then it started moving sideways.
What’s even more annoying is that a buddy of mine bought the dip at 80,500 and didn’t sell at 87,000. Now it’s back down to 82,000, and he tells me, “It’s fine, I’m in it for the long term.”
I said, “Does your definition of ‘long term’ mean that it’s not a loss as long as you don’t sell?”
He said, “No, my definition is waiting for my grandkids to inherit my wallet.” 😄
Right now, 75% of people across the internet are shorting, and 25% are going long.
As someone who’s neither short nor long, but simply stuck holding the bag, I feel like I belong to that 75% of bears—the position I’m short on is my portfolio, and the thing I’m short on is hope.
But to be fair, BTC falling from 87,000 to 80,000 and then bouncing back to 83,000 shows some pretty impressive resilience.
It’s just that my heart isn’t as resilient as $BTC .
$ETH
$ZEC
I’ve noticed a pattern: every time I open Binance, BTC is falling; every time I close Binance, BTC is rising. The only thing that never changes is that I always get the timing exactly backwards.
At 4 a.m. yesterday, BTC wicked down to 80,344. I was sleeping like a baby and completely missed the perfect buying opportunity. I woke up at 8 a.m. and it had already bounced back to 82,000, so I chased it. Then it started moving sideways.
What’s even more annoying is that a buddy of mine bought the dip at 80,500 and didn’t sell at 87,000. Now it’s back down to 82,000, and he tells me, “It’s fine, I’m in it for the long term.”
I said, “Does your definition of ‘long term’ mean that it’s not a loss as long as you don’t sell?”
He said, “No, my definition is waiting for my grandkids to inherit my wallet.” 😄
Right now, 75% of people across the internet are shorting, and 25% are going long.
As someone who’s neither short nor long, but simply stuck holding the bag, I feel like I belong to that 75% of bears—the position I’m short on is my portfolio, and the thing I’m short on is hope.
But to be fair, BTC falling from 87,000 to 80,000 and then bouncing back to 83,000 shows some pretty impressive resilience.
It’s just that my heart isn’t as resilient as $BTC .
$ETH
$ZEC