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100 sats \ 3 replies \ @grayruby 8 Jan \ on: Bitcoin Close to Breaking Out of Death Cross: Here’s What That Means - Decrypt bitcoin

I can't believe people buy into this stuff. Death cross. Golden cross. Fibonacci levels. It's all nonsense. I do think momentum is a thing because human nature is a thing but technical analysis is so stupid.

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30 sats \ 1 reply \ @winteryeti OP 8 Jan

I agree, most of it is hoo-ha. The only real money made is when you sell a position and make a real profit. I sold MRNA today and made $16/share over my entry point. That's real cash in my pocket. Folks saying they are rich with prices rising but never selling are just following an illusion. Paper money ain't real money.

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0 sats \ 0 replies \ @grayruby 8 Jan

I never sell Bitcoin. Only buy. Stocks I will trim and add as I see fit but for the most part I avoid trading. Unless you are really good at it, it is usually a great way to end up with less money in the long term.

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20 sats \ 0 replies \ @DarrelXero 8 Jan

Just cast the chicken bones.

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