Are you tired of these bitcoin and crypto dips? Sure, we all are and we ALL want crypto to go up forever but that’s NOT the way it works. Here are 3 reasons why …
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THIS BITCOIN DIP MIGHT NOT BE OVER. HERE'S 3 REASONS.
Are you tired of these bitcoin and crypto dips? Sure, we all are and we ALL want crypto to go up forever but that’s NOT the way it works. Here are 3 reasons why …
source
Due to Munger and Buffetts age, they cant be long Bitcoin. I know its dark to think like that. But thats the truth.
lets go VGX, stay strong
Thank you Dan for your level headed knowledge. I believe you calmed a lot of people's anxiety including mine in the market. We don't need to follow 10x other youtubers with click bait titles we just need you.
I had 10k shares of Blockbuster back in the day. Some things do drop forever lol. I thought Netflix or someone else would buy it for the recognizable name brand.
But in this case with Crypto it's different. I knew the long shot that I was taking on Blockbuster, with Crypto I understand that it's not a long shot but playing the long game that will pay off here. Thanks for sharing Rob
the dippiest dip in the world is coming
What I have come to realize through watching your videos is…you truly do care about helping others. It shows. Thank you and God bless!
I think those three reasons you gave may be sound, but I think a dovish Fed with the tapering is having either a bigger effect than all of these, or is just significantly amplifying the effect of the three reasons you gave. Great analysis though, thanks for sharing!
Good content
The main issue is that no one really emphasized this possibility. Instead we got endless talks about 100k by the end of year. I don’t mind hodling but buying at high 50s feels pretty dumb
Have loved your content over a year now. You’re so insightful and balanced. Even created iTrust & Celsius accounts using your referral codes. So I’m a true fan! But I have to correct you when I see a blatant error… it’s pronounced “Ha-dul” not “Ho-dul” 😉
I don't think dips are really that frustrating… The frustrating part is that it's happening at a time we're supposed to be cleaning up during the end of the super cycle.
But even when people are leveraged out of their positions, surely these people then create new stronger ones on the dip. Not sure how this can effect the market so much as its ongoing. Also, who are the people selling so much Bitcoin at 50K? Who are these people who have so much BTC that they can risk selling it?
Don't pretend you know why it happened. Could be just big wallets dumping and manipulating. No one knows
Believe in the pessimists
Reason no.4 is Putin's aggression towards Ukraine and the CIA report. This also makes the financial markets nervous. Except for missing this reason, I think this was a good video. Too bad for the shouting thumbnail, you don't need all caps. I think all cap thumbnails downgrade channels. Ben Cowen or the Coin Bureau never use all caps thumbnails… Just saying.
SXP is down traditional market is down
Omicron & lockdown
Evergrande says may not have enough funds to meet obligations
Bitcoin Overleveraged
Charlie Munger says he wishes cryptocurrencies had never been invented
No one can really time the market but one thing is for sure! Bitcoin, Ethereum, and other blue-chip are going to be higher in the future it's only a matter of time.
Check this out.
These 3 whales were the only whales out of top 100 that have sold
The first Whale dumped 38,569.00 , the 2ndWhalesold all he bought in 2021-12-04 01:47 directly 6h later in 2021-12-04 07:35 [ 15,074.00 ] and with the third Whale [ 13,343.00 ]they sold together 66,986.00 Bitcoins…
They sold 3.3 Billion $
It was a planned DUMP!
Thanks Dan great job
Evergrade not paying debt news is fkn old, can’t believe it is digged out again to fear the market. So does omicron news, it’s 100x more media coverage than delta. Someone’s determined to scare the market down.
Time IN the market…
Not timING the market.
I like that. Rob and Ben solid.
Why? Everyo0ne sells their Crypto to buy Christmas presents.. It happens every single year. .. Its not some mysterious nefarious plan…. its all PRESENTS!.
Thanks for all the help rob!!
Thanks for the vid Rob!
Dan/Mad Slug.
Nice analysis 👍 I’m buying more when my house sells next week
Dip is over bought more altcoins at sale will get more money then from a bank
Been in since mid 2017 and I swear to god Bitcoin could drop another 30% and I wouldn’t even blink lol
Thank you
It's going to 28k.
Boo Hoo.. You are lucky you didn't hold Gold from 2008. So STOP your sob story
Voyager held up very nicely…super impressed
Go vgx
I hope that it is just one big nothing 🥧 pie… thank you for the your time.
As usual, excellent insight! I think i've mentioned this before Rob, but i have to say it again after this video, you are not just providing vital and valuable info, in moments like today, you are very much a financial psychologist for a lot of people! :))) Thanks!!
If I dip you dip we dip
It's not over. The founder of evergrande went missing… wait until Monday.
Surely we’ll revisit the teens .
The most credible youtuber ,Thx Dan .
W'll apreciate a video explaning the liquidations charts its so importent to us .peace
fuck yeah Rob!
Got some theta under 5 dollars
14:01 yep you probably nailed that 🤣
One of your best ever …really sober analysis presented in a calm and collected manner….respect to you…
Sorry Dan, but u need to keep your $ working. BTC was this price one year ago. Do you realize if instead of buying a BTC a yr ago for $50K, u used that $50K to trade Sol, Mana, Shib, etc over the last yr? You would probably be able to buy 4 BTC today for $50K each. Instead – after buying a $50K btc and holding for a yr u still only have a $50k BTC today to show for all the anguish the last yr has caused. Holding is over. Trading is the future.
The dip came and went while you were recording this video.. it's gonna be like it never happened in a few more hours 😉
All this Evergrande crap is the whole reason the traditional money system needs to go down and crypto needs to rise. When you can just create money out of nothing, these giant corporations get out of control and ruin the whole system. Poor people get trampled, rich people just get fatter.
This video bounced my spirit out of the dip. Thanks for posting it
Dan, you missed LUNA in you bounce-back analysis. At the time of writing this comment, even with the sell-off it is still 60% up over the last 7 days and still climbing. No 10 on coingecko by market cap.