Bitcoin Bull Trap?steemCreated with Sketch.

in bitcoin •  8 years ago 

Earlier today, I posted an article entitled, "Beware Bitcoin- Exhaustion is Mentally Dangerous!" which I would encourage you read before watching my video below. (https://steemit.com/bitcoin/@themaestro/beware-bitcoin-exhaustion-is-mentally-dangerous

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Stay on your toes!

The Maestro!

www.themaestroway.com 



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  ·  8 years ago (edited)

I study your works, I think you're very on point a lot of times. What I find most interesting about your work is that you are able to take this complicated charting thing and simplify it to a very entertaining level where it feels like I'm actually paying attention to the rhythm. thnx

I agree. It is a currency war and the small investor is a pawn in the volatility. This could be a prototype of a one world currency that the globalists want to introduce to the world. It is digital, it is accepted globally and it is cryted so it is safe. This could be the new system replacing the old fiat banker system.

Not so sure. Listen to Schiff @ 24:30

I'm heavily invested in silver and only recently purchased cryptos. I got some bitcoin at the $1.5k level and have successfully traded it one the exchanges for a few 5% gains. Having said that and having seen great gains in my initial investment, I plan to pull my initial investment as soon as possible. I have came close to doubling early this morning. Once I get close again im pulling out and am just going to play with the remainder.

Your chart analysis' are very helpful.

wow, my grammar was wretched. XD

silver has done that, in fact it once lost exactly 10.0% during a ron paul speech, I think it was just 5 minutes.

The reason 20% isn't a big deal is because it only took out 1 day of gains.

I don't factually know you are wrong, but what's going to happen when people are losing money around the world due to inflation, and metals might be unobtainable? It's possible that bitcoin was invented by a faction in the government for the moment the dollar becomes worthless.

What about "wrongness insurance" buy a little bitcoin incase it's great for reasons you can't understand?

What if bitcoin was invented to stave off inflation or to protect the precious metals paper shorts?

Maybe, but you need some wrongness insurance. There is a real lack of genuine diversification that doesn't suck.

Totally agree, been trying to get friends and family just to buy 100 USD of BTC since last October and had little to no success and yet every month they put hundreds of USD into pension plans and they don't even have any idea what they are being invested in.

I assigned some BTC in my portfolio for them and will donate at the appropriate moment.