I know this is very basic and macro, and it's the same reason anyone still has any interest in BTC, but hey, I'm new here. Wanted to pull back a bit (apologies if the chart turns out funny)
Here's why it is likely a bad idea to short for much other than short-term scenarios: the parabola coming down this side of Bubble Mountain is leveling off.
Those of us who believe in the fundamentals think Bitcoin isn't going away, either. Don't give up my friends! I'm averaging in with what's left of my very expensive tuition in the School of Herd Knocks. You should too.
Here's why it is likely a bad idea to short for much other than short-term scenarios: the parabola coming down this side of Bubble Mountain is leveling off.
Those of us who believe in the fundamentals think Bitcoin isn't going away, either. Don't give up my friends! I'm averaging in with what's left of my very expensive tuition in the School of Herd Knocks. You should too.