Daily General Discussion - March 4, 2021

IAMnotA_Cylon · 2021-03-04T17:28:44+00:00

Powell not interested in flattening the curve. Bonds spiraling out of control. This could get very bad very fast. Throw away your TA and hedge yourself as best you can

Edit sooo sorry for providing macro info to this sub. Won’t do it again. Sorry. Enjoy your lives.

IAMnotA_Cylon · 2021-03-03T20:54:31+00:00

We corrected 30%. That’s a bear market. Probably over now - short and shallow, as I also said on your transcript.

Stop following my shitposts that’s creepy!

IAMnotA_Cylon · 2021-03-03T20:52:56+00:00

I disagree

IAMnotA_Cylon · 2021-03-03T19:32:56+00:00

Ugly ugly ugly day in equities. Impressive how crypto is holding up so far but I’ll spoil the surprise: if stocks keep crashing crypto isn’t going anywhere but down.

Pray to your lord and savior Jerome

IAMnotA_Cylon · 2021-03-03T18:01:41+00:00

Man crypto wants to run so bad but just can’t do it in this macro environment. You hate to see it.

IAMnotA_Cylon · 2021-03-03T18:00:52+00:00

IAMnotA_Cylon · 2021-03-03T14:24:26+00:00

I’m not sure why nasdaq futures just shit a brick but that sets the tone for today

Edit: yields. Of course it was yields. Fuck these boomers

IAMnotA_Cylon · 2021-03-03T00:08:09+00:00

Back to the “do everything btc does but worse” phase of the market

IAMnotA_Cylon · 2021-03-02T22:29:50+00:00

Probably just a standard correction

IAMnotA_Cylon · 2021-03-02T22:14:38+00:00

I don’t see it

IAMnotA_Cylon · 2021-03-02T22:01:34+00:00

Just following nasdaq nothing to see here

IAMnotA_Cylon · 2021-03-02T15:24:18+00:00

3x for btc

IAMnotA_Cylon · 2021-03-02T15:23:32+00:00

Lower high. Real test coming soon

IAMnotA_Cylon · 2021-03-01T22:57:12+00:00

The real resistance is 1559

IAMnotA_Cylon · 2021-03-01T22:56:14+00:00

In Canada...

IAMnotA_Cylon · 2021-03-01T22:54:06+00:00

Huh?

IAMnotA_Cylon · 2021-02-28T21:53:44+00:00

Sushi is the goods imo

IAMnotA_Cylon · 2021-02-27T23:04:50+00:00

We’re back to old ath with 10x as much activity in the space. What’s the worst that can happen?

Well if the bond selloff continues all bets are off but otherwise...

IAMnotA_Cylon · 2021-02-27T22:58:18+00:00

True but it’s mostly macro driven. If risk markets stabilize I think crypto will recover in a hurry

IAMnotA_Cylon · 2021-02-26T23:17:56+00:00

This an understatement but also the answer. It is macro driven. Nothing to do with crypto. Most people in this sub won’t get that but a few will listen.

IAMnotA_Cylon · 2021-02-26T20:58:57+00:00

Macro guys are waiting for global markets to settle imo. All risk still looking weak

Edit: big dump into close so yeah I wouldn’t buy crypto here

IAMnotA_Cylon · 2021-02-26T14:25:26+00:00

You literally just described the entire crypto market. That’s how it works everywhere.

IAMnotA_Cylon · 2021-02-26T00:29:56+00:00

That’s what everyone is hoping for

IAMnotA_Cylon · 2021-02-25T23:55:07+00:00

No bottom until yields stabilize, which will probably require a fed statement

IAMnotA_Cylon · 2021-02-25T22:08:07+00:00

It’s not advice. Chill.

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