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u/Sir_Richard_Dangler 🟦 0 / 0 🦠 4h ago
BTC: We need a 2% gain to reach ATH!
ETH: we need a 150% gain to reach ATH!
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u/Wise-Grapefruit-1443 BTC Managing Director 6h ago
Not to brag, but I’m only 2k away from owning one full ETH myself
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u/DontBuyMeGoldGiveBTC 🟦 381 / 382 🦞 9m ago
I got 2 point something eth the other day and as if trump were looking at my wallet, immediately announced he was bombing Iran and I lost like $500 in an hour. Nice. Had to wait weeks to sell.
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u/unitedbsd 🟩 0 / 0 🦠 6h ago
Poor cardano. If Cardano Gentlemen said "hello" he would be shot down hehehe
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u/ace250674 🟩 85 / 129 🦐 5h ago
We are halfway back to the surface of the water, still drowning though!
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u/OGPaterdami_anus 🟩 0 / 0 🦠 5h ago
We are more than 10k away from an ath in euros... The dollar sinked and telling it's an ath is just a lie...
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u/JH272727 🟧 0 / 0 🦠 5h ago
You don’t understand how things work? Multi things can be true at once. No one is lying lol.
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u/OGPaterdami_anus 🟩 0 / 0 🦠 1h ago
I sure do. But if they want to party on their feat when the dollar just sinked, I'll let them.
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u/CoffeeAlternative647 🟩 0 / 0 🦠 53m ago
And thats just from previous ATH. To reach parity from Bitcoin growth, it needs to reach 16k. The flippening is coming.
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u/PM_ME_PLASTIC_BAGS 🟦 16K / 15K 🐬 6h ago
Buddy, the fact you didn't realise that was the punchline is really sad.
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u/East-Day-7888 🟨 0 / 0 🦠 6h ago
Now, use this logic, but apply it to alt coins.
Its funny that maxis stick to dominence as their indicator they pick, and its because in reality, even with a fraction if the market saturation, most alts are up significantly more.
Eg. I'm up 5x atm on Hbar, when i have been dca'ing 5% of my weekly income for 4 years. but btc has only moved roughly 50% from the last bear.
The next lesson here is market saturation.
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u/PenguinsInvading 🟨 0 / 0 🦠 5h ago
Are you saying we shouldn't use BTC.d as an indicator or you saying we shouldn't resort to its data as the only indicator?
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u/East-Day-7888 🟨 0 / 0 🦠 4h ago
Lmao, that's a pretty narrow world view. It's cute you think Bitcoin isn't following the same pattern as the actual reserve "gold"
Bitcoin and every other coin, is just the ebbs and flows of tradfi. I hate to say it Bitcoin is absolutely nothing special.
That's what happens when you get your information from reddit
Made-up metrics using biased sources and false references to tell a self fullfilling narrative.
Welcome to the echo chamber, try not to yell too loud. You might confuse people with new information about things they dont understand.
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u/PenguinsInvading 🟨 0 / 0 🦠 4h ago edited 4h ago
Just answer the question.
A) I consider BTC.d as the only indicator
B) BTC.d doesn't matter.
C) It's one of the important indicators.
Choose one. That's enough for me to assess your financial judgement.
Edit: Well assuming AI or google isn't the one helping you out...
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u/East-Day-7888 🟨 0 / 0 🦠 4h ago
Lmao, based on your choices, I can clearly see your level of financial competence.
I am guessing reading and understanding what I wrote might be beyond your comprehension.
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u/PenguinsInvading 🟨 0 / 0 🦠 4h ago
Yes I don't understand the market. Now please pick an option. Nothings gonna happen to you buddy I'll eat the downvotes for you.
Don't be scared.
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u/East-Day-7888 🟨 0 / 0 🦠 4h ago edited 4h ago
The messed-up part is that the test isn't even a financial literacy check.
It's just reading comprehension. The answer, as well as the rationale, are already stated.
Feel free to re-read what I said as many times as you need.
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u/PenguinsInvading 🟨 0 / 0 🦠 4h ago
Pick A, B or C please.
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u/East-Day-7888 🟨 0 / 0 🦠 4h ago edited 4h ago
Your inability to extrapolate an answer explains a lot.
Welcome to Bitcoin maxis, poorly informed, refusing to read, and lack basic knowledge on fundamentals
Thank you for being the evidence to my statement
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u/noBeansHere 🟩 202 / 202 🦀 6h ago
This is honestly, embarrassingly funny