I find it interesting people in the crypto world are talking about the April sell off to cover tax burdens. As if it’s this great awakening of knowledge.
This has been standard practice in the stock market for decades.
So you are not talking about anything new. Just use technical trading and normal stock market practices to trade BTC.
It’s not complicated and it’s not new.
No, it's not new to people who have previously traded traditional markets. But as many people enter crypto have never traded anything before and are completely new, its a big revelation.
So I get why people are talking about it.
Many of my friends read my blog because they are starting out. Getting a feel for a market and an overall concept of the many factors when you're a noob is like trying to lasso a wale.
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Very valid point.
I didn't think people would be in trying to trade it without any previous trading exp.
To me that seems very scary. I would rather treat it as a movement. (gather crypto and exchange it for good /services)
Keep up the good work.
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I think that most people are diving into crypto without thinking. Crippling debt and the promise of moonshots in the 'age of austerity' have driven people like scurrying rats into a new asset class.
I may be one of them, but at least I ask questions. Like "where is the best cheese"?
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