You are viewing a single comment's thread from:

RE: Vows

in #life12 days ago

The S&P 500 is down a quarter of a percent in 5 days.
The Nasdaq is down 2%.
This is noise; these are paper hands.

With BTC at ~$100k the entire market is full of paper-handed cowards wondering if they should sell at $100k because it's the level they've been waiting for, for over 5 years... and this mindset also sucks liquidity out of the alts. It's never been more clear that the general vibe in the trenches is "this is a sucker's rally" (a place that peaks will never materialize).

The market scales a wall of worry. Bitcoin doesn't give AF what stocks are doing right now. The Bitcoin cycle has proven time and time again that is it much stronger than the macro economic cycle. The same shit happens every 4 years but we insist on looking at securities like they matter to Bitcoin.