What is Nostr?
Brisket
npub1jmy…6xcq
2024-11-14 21:36:32
in reply to nevent1q…srpz

Brisket on Nostr: I think you're wrong on the timing & the prices. The general theme is accurate I just ...

I think you're wrong on the timing & the prices. The general theme is accurate I just think it will more closely resembles epoch 2 or 3's price discovery. I also think the draw downs will be less severe/persistent during periods of consolidation.

I suspect there are many with a desire & means to accumulate a sizeable amount of Bitcoin. I think this cohort is increasing in number.

They're price sensitive & have longer time horizons than most consumer trader cohorts.

My beliefs just confirm that I shouldn't be trading this stuff while attempting to increase my stack. I will probably still conservatively hedge against huge drawdowns, since I have little fiat income now.
Author Public Key
npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcq