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re: Official CryptoTalk Thread

Posted on 3/2/25 at 10:19 am to
Posted by Hateradedrink
Member since May 2023
3096 posts
Posted on 3/2/25 at 10:19 am to
quote:

What’s with this candle right now? Not typical Sunday morning action.


Shorts getting wrecked off the reserve announcement/post.

I posted a few days ago about how this price action feels manipulated. It all makes sense in context now.
Posted by beaverfever
Little Rock
Member since Jan 2008
34245 posts
Posted on 3/2/25 at 10:19 am to
frick I wish I could buy MSTR leaps at Friday’s prices right now. That stock is going to go ballistic again as it trades more in line with alt coins than bitcoin.
Posted by Billy Blanks
Member since Dec 2021
4748 posts
Posted on 3/2/25 at 10:21 am to
Why is BTC pumping again? I figured this would be bad news, no?
Posted by beaverfever
Little Rock
Member since Jan 2008
34245 posts
Posted on 3/2/25 at 10:25 am to
Bitcoin is the king. It doesn’t compete against altcoins. Positive news in the crypto ecosphere is inherently bullish for bitcoin.
Posted by Hateradedrink
Member since May 2023
3096 posts
Posted on 3/2/25 at 10:30 am to
Like beaver said, any positive news for crypto is positive news for btc.

Additionally, I think Trump said the reserve would “include” those coins. Not be comprised only of those coins.

It’s basically more market manipulation but this time it pumps my bags so yay Trump
Posted by beaverfever
Little Rock
Member since Jan 2008
34245 posts
Posted on 3/2/25 at 10:42 am to
A lot of people tapped out last week and are going to be in pain tomorrow. Hell I had a small amount of calls that I traded in for coins that I’m going to regret.
Posted by Huge Richard
Member since Dec 2018
3987 posts
Posted on 3/2/25 at 10:48 am to
Posted by Hateradedrink
Member since May 2023
3096 posts
Posted on 3/2/25 at 10:57 am to
It happens. We’re all just retards gambling shitcoins, honestly.

No one had an ADA god candle on a random Sunday morning in their bingo card, except some insiders.

RNGesus gives and takes away.
This post was edited on 3/2/25 at 10:58 am
Posted by 98eagle
Member since Sep 2020
2604 posts
Posted on 3/2/25 at 11:05 am to
quote:

A lot of people tapped out last week and are going to be in pain tomorrow.

Agree. So many people don't understand Bitcoin and they panic sell on big pullbacks and lock in what could have just been unrealized losses. The same people FOMO buy when Bitcoin has a big run. They either never learn and/or newbies arrive to replace those who do learn.

I learned years ago to basically ignore Bitcoin and crypto news. It will very often fake you out of your shoes. Bitcoin is going up and down in all different size price swings and it will trend up, down and sideways for different lengths of time. You can't predict the price action. There are too many variables. If you believe in Bitcoin, you know it is going up significantly over time. That's what I learned and that's the core basis of my volatility trading strategy.
Posted by Rize
Spring Texas
Member since Sep 2011
17330 posts
Posted on 3/2/25 at 11:13 am to
quote:

It happens. We’re all just retards gambling shitcoins, honestly. No one had an ADA god candle on a random Sunday morning in their bingo card, except some insiders. RNGesus gives and takes away.


Damn! I’m still down a lot though on ADA.
Posted by beaverfever
Little Rock
Member since Jan 2008
34245 posts
Posted on 3/2/25 at 11:18 am to
Consider this your exit liquidity and start stacking bitcoin with the proceeds. NFA
This post was edited on 3/2/25 at 11:19 am
Posted by Rize
Spring Texas
Member since Sep 2011
17330 posts
Posted on 3/2/25 at 11:25 am to
My average is $1.46 so not looking to sell just yet.
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
14349 posts
Posted on 3/2/25 at 11:38 am to
Dang, all the crypto is going thru the roof today. I thought about buying solana this weekend at $144 and didn’t. Up to 173 currently. Ada up almost double. XRP up 32%, bitcoin up 10%
This post was edited on 3/2/25 at 11:40 am
Posted by BottomlandBrew
Member since Aug 2010
28376 posts
Posted on 3/2/25 at 11:46 am to
Hoskins' lobbying paid off and he got ADA thrown in the reserve mix. A head scratcher, but whatever. I'm making money.
Posted by Hateradedrink
Member since May 2023
3096 posts
Posted on 3/2/25 at 7:43 pm to
Everything is muddy right now. Hard to get a meaningful read on the market.

Sustained action >94k on btc may signal a retest of 100k but honestly nothing is clear. Next couple of days will better ascertain points of support and resistance.

Hopefully this doesn’t end up a bull trap.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
49568 posts
Posted on 3/2/25 at 11:32 pm to
Posted by boxerbulldawg
Vagrant
Member since Aug 2013
521 posts
Posted on 3/3/25 at 6:07 am to
Anybody get into Shadow exchange on Sonic chain? Turned a 5k investment into 150k at the moment. It is locked but I can exit for a 30-40% haircut
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11214 posts
Posted on 3/3/25 at 9:23 am to
quote:

Hoskins' lobbying paid off and he got ADA thrown in the reserve mix. A head scratcher, but whatever. I'm making money.


Agreed the chain is next to dead with only $3m in daily volume.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5410 posts
Posted on 3/3/25 at 1:44 pm to
quote:

Dang, all the crypto is going thru the roof today. I thought about buying solana this weekend at $144 and didn’t. Up to 173 currently. Ada up almost double. XRP up 32%, bitcoin up 10%


Looks like you can load up now back to where they were

Do it
Posted by Hateradedrink
Member since May 2023
3096 posts
Posted on 3/3/25 at 1:48 pm to
It’s looking pretty bull-trappy to me right now.

Hoping we stay above 85k cause we may retest 77k if not.
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