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We're not in a bull market or a bear market. We're in a bull market and in a bear market. We're still in a bull market for Bitcoin and we're, like, somehow, while Bitcoin is close to the highs, we're in a savage bear market for everything else. And crypt the crypto space just doesn't know how to process that because we still use this word crypto that encompasses everything. This
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Welcome back to another thousand x podcast. If you haven't yet, please go add our stream to your Spotify or wherever you listen to your podcast. It's down below in the show notes. But we got off of the Empire feed, and so you need to readd our feed in order to get notifications about the podcast and have it pop up on your on your app. This is a first step towards being slightly more independent. It's great. But, you know, I think this year and I was saying this year, it's like the last two months of price action have been so damn choppy, Joanna. It's like insanely choppy. I don't know. How how
I mean, I haven't made any money this year doing anything that has made me money in the past. The only thing that's made me money this year is shorting stuff. Being long, Bitcoin hasn't worked, you know, I guess, year to date up 1% or something. Being long, Altcoins, you know, granted in small size has been total disaster. Sorting stuff. Nope. That that works. That's that's something you can do right now. And I feel like the longer the market continues to trade in this insane range, like, pretty much every single daily candle for the last month, basically, since the February has crossed throug
It's I think, I mean, a bit a big reason that it's been tough is people kinda got used to trading. I mean, if you're a trader, you got you got used to looking at Bitcoin on a daily chart. So it's like, okay. Well, what's what's the trend? Right? And we had we had a few. We had the trend from November 4, you know, the the election all the way up to, the December 17. And then we trended down in a pretty substantial range for two weeks. Right? And then you kind of go up for two weeks and then down for two weeks. And over the last month, we just haven't moved at all. And so it was very difficult b
Yeah. I mean, those same trades I hate to bang the same drum over and over, but those same trades exist on the short side too. Like, the news headline comes out that with is a scam. The coin doesn't move. You could you could short it, and then it goes down. You know, this is all over the place.
So Yeah. And it took it took some time for the way things I mean, I I shorted it at $1.26 or something like that. And, I held it, I think, three days or four days and covered it at 1. And then it went down to 60. And I think that's, you know, that that that that that's a it was it was a little bit of a delayed delayed reaction there in terms of in terms of the massive move. But, I mean, I definitely should've held that trade trade trade a bit longer, but it does you know, it is showing that there are some potential opportunities out there if you're paying attention. I mean, Solana is another g
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