BitcoinEcon (@BitcoinEcon) header
BitcoinEcon (@BitcoinEcon) profile picture

Bitcoin aficionado & minimalist. I'm trading, not hodling. Less narratives, more data. Personal & algorithmic opinions only. No investment advice.

Joined July 2019
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How much are you up or down in your trading/investment account since November 2021?
10%More than +5% up
7%-5% to +5%
11%-5% to -20% down
72%More than -20% down
167 votes • Final results
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For those more interested in automated or algorithmic trading, here's a great article by @BitcoinEcon trendtrading.studio/algotrad…
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Good read on algo trading...and really any style of trading. trendtrading.studio/algotrad…
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BitcoinEcon retweeted
Where will $BTC bottom before new all-time highs?
23%$7000
21%$6000
22%$5000
34%$4000 or lower
2,031 votes • Final results
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BitcoinEcon retweeted
When did you buy Bitcoin for the very first time?
24%Before/after an ATH
16%Near a bottom
37%During a bull market
23%During a bear market
1,110 votes • Final results
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How high do you think $BTC will go during the next bull market?
31%$50,000
38%$100,000
22%$250,000
9%$500,000
1,064 votes • Final results
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What do you think are the most likely dates for the next 3 peaks in #cryptocurrency market cycles?
42%2021/2025/2029
34%2022/2028/2035
15%2023/2030/2040
8%2024/2032/2045
573 votes • Final results
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Price models easily fail and raise high expectations. They try to look too deep into an uncertain future. But are nice for long term planing. I favor price models with modest predictions. They keep me from investing too little, which avoids disappointments and lower returns.
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Replying to @peter_vijn
According to my own BEAM indicator we could go as low as $4874. The minimum ATH is currently at $59k. Was $38k one year ago. So it could be around $100k in 2 years. The start of the gray hodl zone means reaccumulation.
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What is the difference between BTC and altcoins? People hodl Bitcoin much more. Thus decreased supply & increased demand thus more stable price and more predictable price rises. Why do people hodl Bitcoin more? Because of better narrative, brand recognition and network effect.
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An animated chart on Bitcoin’s 10-year history bbth5.8btc.com/btc-trend/ @btcinchina
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Gracias Amigo! Appreciate the kind review. Enthusiasm = #Edge 😉💪🏼
Replying to @MarkYusko
@MarkYusko talking about investing, macro economics and a bit about Bitcoin. Love the guy. He is always so enthusiastic and you always learn something new. player.fm/series/off-the-cha…
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The ultimate signal is to watch multiple indicators, fundamental values and sentiment and combine them all to calculate your own risk/reward ratio which tells you when to exit.
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Replying to @BobLoukas
Bitcoin's biggest use case was and is speculation. SoV is just a synonym. People are not mature for the revolutionary implications of Bitcoin's technology yet. The increadible gains of the past will very likely attract a new wave of converts once a critical point is reached.
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BitcoinEcon retweeted
Return in Bitcoin vs it's forks h/t @ceterispar1bus
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When most pundits, even those outside crypto, start saying $BTC is pumping because of X, $BTC will pump because of X, as it is an entirely behavioral asset. That's how self-fulfilling prophecies work. Speculation is the driver, not hedging. Some may want to call it wealth hedging
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FULL interview with @APompliano below. #Bitcoin
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BitcoinEcon retweeted
Replying to @sthenc
BTC and ETH are not competitors. Bitcoin is Money 2.0, Ethereum is Web 3.0. Both are needed and better of cooperating than fighting each other. The DAO reorg mistake was not repeated with the Parity loss. Ethereum 2.0 will have smaller inflation than BTC in the next 12 years.
BitcoinEcon retweeted
I guarantee that this price prediction is wrong, but which way?
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BitcoinEcon retweeted
Stage 1 of the bull market is completing, once we bottom stage 2 begins promising the long sustainable bull drive that takes us through all of 2020 (if BTC continues its personality). Stage 1 was trader driven dominance squeezing us up and driving fomo. Fomo complete, stage set.
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