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@idiosyncratic1

@idiosyncratic1 in May 2021

@idiosyncratic1

There is an interesting crypto market tracker website that shows the data about the cryptocurrencies in hourly/daily/weekly and yearly timeframe in bubbles 😄 In addition to the dynamic front-end, you can track the cryptocurrencies in the normal list version, too. The link of the website: https://www.coinparticle.com/price/changes/24hour #Cryptocurrency

@idiosyncratic1

This is what we call well-deserved valuation. Bitcoin Cash has been waiting for the right moment to show up. If you examine the huge pumps that happened earlier, the long-waited pump is not surprising in terms of timing. BCH waits for the right moment to go up 😎 By the way, when you think about the tips you give through Noise.Cash, every single satoshi is more valuable as of speaking. In my opinion, it's the best side of being rewarded with a valuable coin. Today is a good…

@idiosyncratic1

Here you can see the amount of Ethereum in exchanges. In my opinion, Ethereum is leading the way for all veteran coins with fundamentals. With the upcoming EIP 1559, ETH will turn into ultrasound money in addition to the De-Fi ecosystem growing on it. SmartBCH, EIP 1559, and several other updates on our veteran digital assets are crucial for sound mass adoption. Considering the silly hype of meme coins, we urgently need fundamental developments to keep the liquid money in…

@idiosyncratic1

SHIBA UNI - The new guy in Crypto Petshop 😅 When I checked the Binance Research on SHIBA, I was a bit shocked. More than half of the supply is owned by the top 5 😪 Well, if one day I invest in (even trade) such tokens, either I'm kidnapped or I lose my mind guys. In the end, the crypto market is red again. I do not think the Bear market is around yet. It's a correction at all. I hope we do not dive deeper than sane levels 😂 #Cryptocurrency

@idiosyncratic1

What triggers this Crypto Farm mania? Basically FOMO. In my opinion the idea of getting rich quickly. Yet, we all know the end of this story. The new crypto enthusiasts love the high-risk digital assets when it comes to investing(!) It may sound weird but I find it quite natural as I do not know the number of ICO's that I invested for the sake of a front-end 😄 I hope not many people get hurt because of this hot potato game. At least, they love producing Adrenaline hormones 😅…

@idiosyncratic1

SAD. Regarding the move from Tesla over using Bitcoin as a payment method, we are still vulnerable to manipulations by well-known investors/brands as a whole crypto ecosystem. Proof of Work is not something new and it's not likely to be replaced within 5-10 years. The reason put forward by Elon is ridiculous. Sorry for everyone who relied on his crypto-friendly attitudes. In the end, everyone cares about his/her profit until the bears dominate the market... He lost his…

@idiosyncratic1

I unintentionally blame Elon for this depressed crypto market. To some extent, he was one of the major reasons behind the narrative of this uptrend. The sad case is his irrational decisions to prove that he has enough capability to shake the whole market. The way people panic-sell is not a real bear market starting scenario for me. I'm still positive for November and December months to test higher highs for all our veteran coins. However, summertime will be boring for crypto…

@idiosyncratic1

Honestly speaking, I watched my portfolio melt starting from 2018 to back in years. I thought that it was the only time that we saw decreases in double digits within a day. However, the volatility is still so harsh in crypto. Looking at the market, I can hardly understand the rationale of people pushing them to sell their crypto assets. While fiat money bears more risk than crypto, these levels are intolerable for me. Such a deep correction within a week is illogical, I hope…

@idiosyncratic1

Seeing Dogecoin on CNBC 🤔 I'm not sure if Doge is the best option to be listed on CNBC news 😅 You know, we are aware of some better options for that... Hype > Technology 🤷‍♂️ #Cryptocurrency

@idiosyncratic1

"The true battle between fiat and crypto" This quotation belongs to Elon Musk who is one of the richest men and a massive Doge owner. Interestingly, people no longer hesitate to take about the growing conflict between fiat money and crypto assets. It's obvious that the future of fiat money is not bright under today's conditions. The Q.E. operations are non-stop taking place. Sometimes I ask myself the question that what will I do when I have idle fiat or crypto. Either I…

@idiosyncratic1

I just want to give basic insight about the things that expect the market to have to be able to recover. The current downtrend is associated with the news from China, Elon's tweets, and taxation from the US. Meanwhile, we are supposed to primarily check the price action in Bitcoin as the market is still tied to the major actions from its side. Here you can see 4 times rejections from Moving Average 20 for the 4h chart. So far, nothing is promising and I do not prefer buying…

@idiosyncratic1

I think he bought the dip... Sometimes I do not even want to check charts because our market is still news-driven. I'm not sure whether I should interpret this tweet as bullish or bearish but I'm certain about the fact that his manipulations will not go unnoticed by regulators. Anyway, it's not our concern. Let's assume that this tweet is a "nice" signal for come back. Hope to see better green days ^^ #Cryptocurrency

@idiosyncratic1

The market is waiting for the news from St. Louis FED to designate the new rote. In my opinion, we are likely to test a bit higher levels before diving deep into lower lows. It's just a sentiment but I will open positions accordingly. Weak hands are going to have harsh days 😅 What's your expectation in terms of the direction of the market? #Cryptocurrency

@idiosyncratic1

Is there any clear route in the crypto market? I do not think so, please check the attached percentages of Longs & Shorts + Buy and Sell actions... Kinda blurt.