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I’m a long term skeptic (but opportunistic trader of BTC) - this level of extreme pessimism on HN has historically preceded rallies. Of course, this time can b
by nextworddev 3y ago
I’m a long term skeptic (but opportunistic trader of BTC) - this level of extreme pessimism on HN has historically preceded rallies. Of course, this time can be different.
- kfarr 3y agoI don’t think regulatory crackdown historically precedes rallies, but I’m no finance expert
- rafale 3y agoIt certainly didn't for online poker.
- lamontcg 3y agoYou should probably wait until you see how much damage the Feds can actually do to Binance and crypto prices. If they could actually damage Binance enough that it fails that would substantially damage crypto prices. Remains to be seen if they're going to do something toothless again or if they're actually not fucking around this time.
- nextworddev 3y agoYeah I always let price action speak. None of us “know”. Agreed that we might have a regime shift.