Yes it is. Much, much-needed correction. That daily chart was going parabolic, and that's never sustainable.

Never sold any other than 0.4 over the last year. And accumulated more.

Bitcoin (and/or GBTC) 2019/mid-2020 >> Alts mid-2020 and beyond >> Gold/Silver late 2020 and beyond

A plan like that might work out nicely, and you really couldn't go wrong with any of the 3 categories in any time slot. Depends on what you're looking for, dependability or a moonshot.

Was looking up this crypto semi-legend guy DavinciJ15 because he makes a pretty compelling argument for Silver over Gold and saw that he just uploaded a crypto video about an hour ago. Talks about this correction. Technical lingo, but easy to understand. The .618 jargon is fibonacci retracement info. Good to know about, but not essential. The Dolph Lundgren on acid/speed guy is pretty amusing.

https://youtu.be/5tyg33Q_854

A couple thousand...not much. eDave type numbers are too rich for my risk averse blood.

I wish a couple thousand was not much to me LOL

Liquidated my entire GBTC position early this morning to protect. That's why I like the stock instead of bitcoin. Cost $4.95 to liquidate instead of hundreds. Hoping for a major correction below 10K to buy back a bunch more shares than I had for the same price I sold for.

Got out to take a breather and monitor the situation last night. Cost me $153.

Saved WAY more.

Good job locking those profits. Probably be able to get back in much cheaper soon after the dust settles, if that's what you're looking for. Always protect.

Use Robinhood for BTC. No fee

Robinhood also has commission-free stock trading but the executions are terrible, so not many experienced stock traders use them. Might be completely different for bitcoin though, and really most of the crypto exchanges are pretty sketchy anyway, so maybe it's worth it.

You don’t own your Bitcoin on Robinhood. Not your key, not your Bitcoin.

Given the economics of scale, I give no hoots about $153.

Honestly, I've only heard people complain about RH. And characterize it as a day trading app (fees when you cash out?).

I'm simply in and pushing my position at opportune times.

I do appreciate the advice.

Ok you asswipes, quit selling

The next few days will really show how strong this bull run is. It ran from 3200 all the way to 13,900. It’s normal for a crypto bull run to have corrections of 30-60% of gains before resuming the run. That seems to put the consolidation range anywhere from 7480 to 10590, if the bull run will continue. It’s currently dropped to
10,300...

= (