This recent crypto pump has some legs but how long can it last? Answer: as long as it wants. HOWEVER, there are things to consider…
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49 Comments
Always always like your calm posture. Thank you .
I have sold little bit too just to buy back later … this pump have to go back, maybe not all the way, but there will be pullback
Rob this is so relatable what you say. The paralysis is real. I literally married my assets and rode it all up and then down. Will never happen again. And people like you help me remember.
PR is eastern time
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Eggs doubled where I live. 18 used to be under 4 couple years ago. Few months ago under 6. Now it's just under 8
Very simple – Just closely watch 21 weekly EMA if Bitcoin holds it means bull run continues to reach new highs and if it drops below 21 EMA with large volumes mean Bearish trend continues to find lower bottoms.
👍👍👍
Well Said Rob
When everyone has the same message go the other way. This is what I learned in investing.
Hey Rob, hope your wife is doing better. I know you mentioned the other day she was going through some things. Thanks for the video and for keeping things real. It’s nice to see the pump in the markets but not to get too excited for now. I’m still buying BTC every day but waiting for another move to the downside before touching any alts.
Rob has been rooting for 10k bitcoin for weeks planning to buy more
That wallet can be an exchange wallet, doesn’t mean a damm thing
Rob you also dump on others every time you sell
99% in crypto are in for the money, everyone dumps on everyone
Crypto cycles are just pump and dump , everyone just wants to make money
Cryptos are clearly securities, crypto companies sell tokens to raise capital, it should not be different from stocks
The republican commission won’t do shit, just politics. Nothing will happen in this legislative period. Only stablecoins will be regulated.
Gensler didn’t create the SEC, he is just the chairman, he doesn’t write regulation.
Republicans and Democrats in the finance commissions and the Blackrocks all believe cryptos are securities except for a few we keep celebrating on crypto YouTube.
Except Bitcoin 98% of all other cryptos are securities
been while hasn't commented but just let you know mate we need to have more people like you as honestly say what thinking good job maye👌
You say you’re not smart enough to time the market…but I think you’re a genius for knowing better.
Great perspective as always. Is it weird that we are the same age but I still consider you my crypto dad?
If you are trying to figure out when to sell or buy Bitcoin, then you don't understand it. People that understand it know, you simply buy and never sell. Imagine trading your Bitcoin for crappy dollars and thinking you made a good trade? 😆
"Be Careful" = I just fucked myself
Also words these clowns will never say near the top. ignore…
Crushed? Lol. Maybe if this happened in the traditional markets. Nobody knows what the future holds. Keep DCAing.
rob you aligned with ben didn't believe in crypto accumulating more pain in 2023 James optimistic split dca anything could be markets are irrational but don't believe cash is king cash is shit of course fed in feb is answer ride wave take profit if you believe in lower not everyone with big money is brilliant
Thanks for keeping a level head Rob. Reminding us to stay safe from ourselves. I personally have made that mistake in the past of getting over excited.
Gary G. would become suicidal if anyone told him what to do, especially the Congress. He's the big boss and everyone has to fear him .
I agree with not knowing and taking profits,, dca'ing etc… but the one thing i dont see you talking about is taking advantage of maximizing your tax situation. At the end of 2022 was a great time to sell to take a loss on your taxes and then wait until 2023 to move some of those funds into a Roth. You would get savings on the loss as well as a future sale from the Roth. My 2 cents and things to think about in addition to what Rob has already spelled out.
Hey Rob, a new Voyager email just dropped and I'm hoping you'll cover it. It sounds like they're taking the value of our accounts on July 5th and that is our "claim" and then from there we get 51% back in Crypto through Binance.
July 5th was heavy in the bear and let's just say I had 2000$ in my account but due to the market conditions my account value was 800$ that would mean my "claim" would be the 800$ and I'd only get 51% of that claim back in Crypto ie: $400+? Pick any hypothetical numbers because that will vary greatly based off of the users and investments but am I reading this right and we're supposed to vote to approve this?? If Binance pays us out in Crypto that would mean we only get 51% of the tokens that we held, say I held 10 BTC does that mean I'd only get a little over 5 BTC back??
I hope you go over this information in depth in a video soon.
Btc setting up for a beautiful short off the 200 wma at 25k
Gonna try a new plan for this year – selling 5% of portfolio every time the charts show "over bought" & hope to buy back the Altcoins at lower prices when charts show "over sold". Only playing with 5% (ish) of portfolio so worth a punt. Last bull run I sold 1% of portfolio every day until my mortgage was paid off so I'd like to think I've done some things right.
Time is the biggest factor that gets people in down times. That’s why people start screaming bullrun with a small move on the bigger scale.
JAMES IS KING!
You made a horrible decision to side with that boy Ben
Thanks!
Boy the Bears are salty as F on Twitter right now. They are praying the Bulls get slaughtered because they want revenge. The Bears got spanked so bad they are scared to short for now, hahaha. Look at the consolidation between Bear Spankings, it's sooooo sideways, with such little volatility, they have PTSD.
100% a bull trap. Take profits lol
great episode mate. Sorry for taking the piss about politics. Good info
The SEC is sort of reactionary. They do nothing and sometimes make a remark when there is another scam. This in my opinion is deliberate, they want the scams to continue, thus make crypto an unsafe place to invest.
I am not your dad
Everything is a bull trap 😂
I understand what you're saying about don't get excited but I can't help getting a little bit excited over the possibility that the bottom has been put in AND I'm I'm buying at that possible bottom.
This pump is nice, but it's really just an FTX recovery back to Autumns level. If it's the start of the bull, fine, but like you, I think that's a while off.
I got into Sylo when you mentioned it over a year ago I’m curious what are your current thoughts on the project
Wise words, Rob! I would echo all you cited and love your ‘muscle memory’ comment around selling into strength! 👏
I've kept my eye on the 2 week macd, and also 21 week sma which broke through. I want to see if it will stay above. Also, keeping an eye on monthly Heikin Ashi which just turned green as Ben talked about a while back. Daily rsi is so overbought right now it makes me it think it might pull back temporarily. Monthly macd momentum is turning positive. That's always been powerful. So many averages, indicators, and statistics can give a person analysis paralysis, so I've just been accumulating slowly. My blood pressure's already high enough.
Thanks as usual Rob! Slow and steady wins the race 😊 Hope your wife is better!
Omgg I love your comment on working the muscles to know how to sell 💪 and not to forget it👍
Its a Bart simpson
Congrats on winning for Better Call Saul 🏆 👏