Diamond Paws
@Shibanator
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SHIB OG who moved onto greener pastures. Crypto wisdom from someone who has done this before.
Joined February 2022
Half the timeline bearish, the other half bullish. So we’ll probably just chop around here for months making no one happy.
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If you held through a 50% drawdown, you might as well hold during the 2x recovery when the capital returns. Don't sell at the first green candle because you're scared.
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An hour ago: AI is taking our jobs! Now: AI stocks are trash!
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We're now 30 days after BTC hit its ATH, and it's fallen ~17%. In 2021, BTC fell more than 30% in the month following the blow-off top. I don't know if the bear started, but it feels more like a normal correction. The farther we get from Oct without a big crash, the better.
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So you’re telling me that the market cap of gold grew by over $9 trillion in 2025 alone but crypto is stuck at ~$3.5 trillion TOTAL?
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I hate to say it but the reality is if they add a couple body parts on the NEO, sales would be through. the. roof.
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Back in June 2024, when BTC was around $65k, I estimated the top would be $125k. Would be crazy if I ended up being right, considering how wrong I was about every other aspect of the market.
@danheld $125k
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Against all odds, the market is saved.
Ethereum just tanked below $4,000. Despite all the Ethereum Treasury company buying, the #2 crypto is now in an official bear market, down 20% from its August record high. Bitcoin is next.
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The good news is we get an alt season every 6 months. The bad news is it’s just one alt.
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The only good news of late is that the two major accounts I follow who are the middest of mid-curve, and I follow solely to countertrade, are both sidelined and bearish. Neither are Capo.
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Reasons to be bullish: 1. Money supply trending up 2. Less restrictive rates coming 3. Institutional adoption growing 4. Pro-crypto legislation in works Reasons to be bearish: 1. It’s September Did I get that right?
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Part of me wouldn’t be surprised if BTC and ETH just decided to trade range-bound for a year, infuriating bulls and bears alike.
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If you were eager to long 12 hours ago, and hesitant now, you are a broken trader.
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Even if there's plenty of room left to grow, it's time to think about your exit strategy. Once you hit your goal, then there's no such thing as selling too early. Remember: there will be other opportunities in the future!
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Friends already texting me if they should buy. I’m thinking the market is about to show a fresh round of retail their introductory pump and dump. Hazing for the class of ‘25
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💵 $COIN App Rank 📅 12 Aug 8AM 🌐 All Apps 🔽 280 🔄 275 (11 Aug 8PM) 🏦 Finance Apps 🔽 24 🔄 22 (11 Aug 8PM)
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Even as ETH continues to rise, we are just now seeing large caps start to keep pace. Almost makes you think an alt season is possible. Almost.
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Crazy that ETH is about 10% away from its ATH yet swaps still cost like $2. That would’ve been unthinkable in 2021.
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