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Hi Team

Well all the FUD and alarm re "Bitcoin Congestion", "Bitcoin Broken", "Bitcoin Halted" has taken its toll.  Sell in May - Go Away may prove to be a thing.  Remember IADSS does not see what is happening on the Macro side and with the blockchain per se. 

I believe for others breaking 27K may hit a bunch of stop losses for many. 


I am holding as of now, no plans, and accumulating cash

I am also looking to grab some RNDR and maybe GRT on any big dips. Render has fallen 30% in a few days

Re other assets - GOOG outperformed TSLA today and many tech names were up...


Comments

Anonymous

BTC shorts also moving up.

Anonymous

I grabbed a little GRT @ eleven cents and BTC @ 27.4. Very little, just buying this dip mostly for something to do.

Anonymous

My LO's are set... waiting to snipe

Anonymous

I was surprised to see CLSK down in early trade given the BTC fee aspect benefiting miners. Finished up 0.95% on the day.

Anonymous

RNDR target?

Anonymous

I was surprised to see clsk move up today

Anonymous

Filled a LO @27297

Anonymous

On the $BTC daily chart of I have my "ok now we're in the shit' line at around $24,800. That seems to have been a line of resistance on the way up a number of times over the last couple of years. Drop below that, and the markets will have my attention.

Anonymous

Thank God I can breathe knowing I can stack under 30k with ease

Anonymous

My BTC support level is holding so far. I'm looking at $27262 as highest support (4/21/23 closing price on TradingView) and $25250 (2/21/23 high) as the bottom of support range. We touched my top support today, but so far, bounced back up. This is all very short-term, and I wouldn't sell my BTC at 25K now.

Anonymous

Curious on why RNDR?

Anonymous

Hi James. Here we go. If I sell i loose right? If I don't I either run the danger of loosing even more or everything. So what now? I never have stop losses because I do not wish to end up totally broke or miss the train. What would you do if tanks further? If you are holding... it is something. NFA

Anonymous

Anyone knows what entry James considering for RNDR?

Anonymous

I really don't care about these short term noises, we are looking at 6-12 months after halving

Anonymous

What is your time horizon or exit time when you bought, be guided about that and ignore the short term noises. The supply crunch is cming so why worry yourself with these short term gyrations.

Anonymous

Look at the chart and pull in the Stochastic RSI, might be of help

Anonymous

Mstr arb is playing with me. Tickling the bottom band but not breaking. Just shows that I am so much more disciplined now though. Fomo still there, but I can rein it in 👍

Anonymous

I wish I had time. I missed it last ATH. Getting old to wait. But I habe too

Anonymous

James a few videos over the last week or so on how Bullish you were....now this? Btw BTC going to 80k in next 1 to 3 months

Anonymous

Wow, a reply from James himself.....my 80k number comes from the 5 trillion on sidelines getting scared(we know many reasons) out of some of there locked up cash and moved into Bitcoin....to keep it short..."snowball effect" as both existing/new retail traders go FOMO and chase it to new ATH...either way I plan to sell as I expect a deflationary season of epic proportions thereafter.....