10 sats \ 4 replies \ @grayruby OP 1 May \ parent \ on: Canada's Smoke and Mirrors econ
My SN screen says 1sat=1sat.
Bitcoin had a lot going in it's favour from last Oct through to the beginning of April. Made a huge move. Too much leverage piled on. Leverage got wiped out and then tax season selling and then you had crypto traders trying to rotate to catch the next rally, then you have outflows from etfs the past couple weeks as early etf holders try to lock in some gains before price tanks. Positive momentum on the way up, negative momentum on the way down. We will find a floor soon in my opinion.
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100 sats \ 3 replies \ @Satosora 1 May
Oh okay. I dont usually pay attention to the news and stuff, so I dont really know what happens. And I havent actually ever sold btc. haha So we have seen the ceiling, and will have to wait a while? I should prepare my fiat to buy bit haha
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10 sats \ 2 replies \ @grayruby OP 1 May
Just be patient and stack sats.
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20 sats \ 1 reply \ @Satosora 1 May
I was a bit reluctant to buy lately because the price went up. I was waiting to see what the halving would do. Not that it really matters in the long run as long as you keep buying, but it does mentally feel a bit nice when you get the discount. haha
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10 sats \ 0 replies \ @grayruby OP 2 May
Always nice to get a discount.
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