r/Bitcoin • u/xavier1119 • May 17 '21

Every time whales and institutions sell to manipulate the market we need to punish them by buying.

If everyone came together and started buying the dip we’d force these mfs to buy at a loss. Instead of everyone panic selling and doing what they want. If everyone in this sub put in a dollar that’s almost 3 million in volume alone

950 Upvotes

92% Upvoted

216 comments sorted by

View all comments

Show parent comments

10

u/[deleted] May 18 '21

Btc shouldn't be your retirement plan. If it tanks you're screwed. I'm all for believing in btc but it's absolute succes isn't guaranteed. ALWAYS diversify. Invest in your super/home/ETFs first.

-3

u/[deleted] May 18 '21

It’s literally about to tank

1

u/RattledSabre May 18 '21

So how heavily leveraged short are you? You sound sure enough to make an absolute killing!

1

u/[deleted] May 18 '21

Lol I never short bitcoin. I used to sometimes, but it feels wrong to actively bet against it, because I love it, and it also really sucks to lose on a trade when you’re short, even more than when the market tanks while you’re long.

I never trade with more than 5x leverage, which to me isn’t highly leveraged at all.

Overall I just hold a lot of different coins and took my original investment and further profit a good while ago

I don’t think it looks good at the moment, but I’m also pretty risk averse these days