Salty Cracker on Nostr: Anybody: bullish thoughts Lyn: well aCkChUaLlY not yet Me: dang, Lyn has a point ...

Anybody: bullish thoughts
Lyn: well aCkChUaLlY not yet
Me: dang, Lyn has a point

quoting nevent1q…4qkg

The issue with this is that whenever Bitcoin does go up like 5x, a lot of sellers *do* materialize. So it takes a lot more DCAing that one might think.

Like when the ETFs were gobbling up a lot of bitcoin, much faster than it was being generated, and people assumed it must go to the moon soon. In reality, there was also a lot of sellers out of cold storage from people who bought years ago.

note19wx…ukgs