I do not personally believe we are even close to the bottom of "crypto" market. This thing has a long way down to go. Miner cost to produce is $8K to 9K. BTC is as over valued as $TSLA still is. Miners will capitulate and sell in mass as their costs explode with energy and leverage APR. Investors will not be investing into miner "stocks" anytime soon as these are extremely volitile and risk-on, forcing more miners to sell. Leverage alone is at ATH, especially with miners as they claim "We'll never sell our BTC!". BTC has a way of shaking all of this out in its own reset. These ebs and flows happen in cycles with BTC. This cycle has months, if not a year+ to go. I think Gregory made a good call on this
On the 1 day chart using the BTC/USD, you can see where support hits around $12K. It's very weak support, probably will become resistance. The next level of support is right at $8K. anyone doing dollar cost averaging in the last eight months should know where this is heading. You might get a spike up in the range of about $25K, but that will be short-lived.
Retailers will freak out, even some of the big boys will probably panic...including our buddy Michael Saylor of MicroStrategy. Hell, 'Margin Call' is one key stroke away for him. Anyway, something in the $5-$7K range will be possible at that point.
I have no beef what ever you do. But I do wonder if you bought crypto at such low prices to begin with and if you believe in the assets you held, why not HODL? Curious of your reasoning. Especially if you took a loss?
I am invested in Shiba Inu. It broke above its trendline on the 1hr chart, is trading above its 20, 50 and 200 M.A.'s, is above the s/r level. If it pulls back to the s/r level and continues higher.....
If price continues to go right without going down I will be selling other coins to pump into SHIB. That sideways price action instead of a pullback is the way SHIB behaved during its last pump in September 2021.
Disclaimer: You are not me. You may not have the risk appetite that I have. This information may drive you to LOSE your investment. I am NOT giving financial advice. GO SHIB GOOOOO! 🤩😃
Yes. I should have been more specific. I never believed in cryptos. I guess GM decided to take a haircut. If he is true to his brief system I think he went full into metals. That’s the one investment that I could ever swallow. The volatility in cryptos tell me that someone is making off with the profits that seem to be very rare as of late. It’s your money. Spend it as you see fit.
I don't buy Bitcoin. I just track it because all other crypto GENERALLY follows it.
I trade only volatile altcoins. Why should I be in the market if there is no volatility?
Bitcoin also would tie up way too much capital for tiny gains.
I traded Cardano and made 2,300% profit when I sold it. Bitcoin will take 20 years to see a 2,000% return from this point on.
I made a 1,900+% profit on Shiba Inu in one year last year. That's the kind of coins I trade. I'm getting older day by day. I gotta get what I can as quickly as I can. 😁
Greg I have to admit I was surprised to read you selling your crypto stock in one of your posts. I have bought into enough of Crypto that I really don't want to sell to take a loss. I would rather keep buying low and hope in the next couple of years it will go back up. So when you wrote you were selling your crypto I have to ask WHY? What changed your mind to sell that could force crypto to go low, stay low or even go out? What do you know that could force crypto to lose value?
<<<If the "Bull-arino" capitulates, the bottom is in right?>>>
I dunno.
I think the MM's/institutions/whales may be desiring to cause maximum pain so..... maybe they plan to take Bitcoin down to 5k like some are proposing.
All my gurus are getting it wrong. They keep calling the bottom because they are perma bulls and don't know how to short a market. They act like falling prices are a bad thing so they keep calling for bull runs that are not manifesting. I was watching one of my favorite gurus last night giving a heartfelt "sorry" for calling it wrong. I was wondering why he called it in the first place. Why not just let the market show you what it wants to do THEN react to it? I was going to send his video to Greg so he wouldn't feel so bad.
While I'm here, I just wanted to say I crossed a line with you sir that I never cross. I never disrespect those elder to me. I just wanted to say I'm sorry I crossed that line while trolling in the past and ask you to forgive me.
Greg. I have to respectfully disagree on cryptos. I don’t trust them and confidence is the bedrock of any investment. Hope I’m wrong and wish you luck. I believe your confidence in gold and silver will be well justified and self evident in the long run. This is a long race and most will fall by the wayside.
You might start with apologizing to all Vietnam Combat Veterans when you used the term “baby killers.” My job over there was to save my Marines, as well as countless civilians. Many were children who had no understanding of why they were being sacrificed to the “Strange Gods of Judaism.”
Crypto/digital assets are the future, full stop. That said, if you want to invest in the future Amazons and other winning projects, you need to get under the hood and do your own research. Most crypto assets will decline and die off, but the winners will 100x and beyond. The tokenization of the economy is headed at us full steam- the prices you’re looking at now won’t be here much longer.
Just in case you all don't realize this, Greg is being hunted by the Federal Reserve and there is a target on his back because he is bringing the truth. That is who called the SEC on him and is hammering him on crypto.
As far as selling goes. I wrote Greg and told him I still believe Crude will hit new highs because of the current economic conditions and the threat of war in the middle east between Iran and Israel. He sold because he didn't want to give back any more of the gains he made. I told him how painful it was to sit and watch my account erode, but I am still holding.
Everyone has there own tolerances and if you cant tolerate the pain then get out. No need for criticism here. Especially when it comes to Greg. We are here to help each other, DONT FORGET IT...
If you have 10 billion Dogelon Mars it goes up or down a dollar for every billionth of a cent while Dogelon Mars has 6 zeroes.
0 0000002704 is where it is at now.
When Dogelon Mars gets back to 5 zeroes 0.000001 it pays a dollar for every billionth of a cent it goes up or down.
If you have 10 billion Dogelon Mars it pays 10 dollars for every billionth of a cent it goes up or down. 100 billion Dogelon Mars pays 100 dollars for every billionth of a cent it goes up or down
10 billion Dogelon Mars is about 2700 dollars 100 billion Dogelon Mars is about 27000 dollars
Just like the .com bubble, most of now all crypto is going to zero. There is no way that your international bankster overlords are going to allow a private parallel currency to compete with their government sanctioned control grid gulag.
Like GM, my portfolio and I am not in sync with this market and have not been since November 2021. A lot of the pain is self-inflicted, but a lot is the market dynamics that defy research, analysis and historical performance on a technical and fundamental basis. I too am riding commodities to see how this plays out; however, by historical standards my commodities should still be rising while the market is falling over the last several weeks but then again stagflation (economy contracting with inflation occurring) hasn't been an issue since 1970's and early 1980's so bottom line: cash preservation becomes even more important and causes me to agree with GM's course of action until either the debt market implosion or confirmed rally takes hold that last more than a week or so..
Gregory has made some bad calls.
Who hasn't? Overall Gregory's track record speaks for itself, it's a very good track record.
Keep up the good work Gregory.
Somebody came in and bought up all the Japanese bonds and brought the yield down. Hahahahahahahahahahahaaa 😁🤣
https://docs.google.com/document/d/1WOXhYFwNsIOmwnKr4_CEl6YDta-AxuI1S59Gy2dZ-Zo/edit?usp=drivesdk
I do not personally believe we are even close to the bottom of "crypto" market. This thing has a long way down to go. Miner cost to produce is $8K to 9K. BTC is as over valued as $TSLA still is. Miners will capitulate and sell in mass as their costs explode with energy and leverage APR. Investors will not be investing into miner "stocks" anytime soon as these are extremely volitile and risk-on, forcing more miners to sell. Leverage alone is at ATH, especially with miners as they claim "We'll never sell our BTC!". BTC has a way of shaking all of this out in its own reset. These ebs and flows happen in cycles with BTC. This cycle has months, if not a year+ to go. I think Gregory made a good call on this
<<<Personally, I just want to know what made him sell Crypto near the lows...>>>
THAT'S the question of the day. I'm utterly shocked 😲
Once BTC goes down to $5K-$7.5K, I'll get back in. 😈
Why do you think it's going to go that low? Not to say it isn't.
On the 1 day chart using the BTC/USD, you can see where support hits around $12K. It's very weak support, probably will become resistance. The next level of support is right at $8K. anyone doing dollar cost averaging in the last eight months should know where this is heading. You might get a spike up in the range of about $25K, but that will be short-lived.
Retailers will freak out, even some of the big boys will probably panic...including our buddy Michael Saylor of MicroStrategy. Hell, 'Margin Call' is one key stroke away for him. Anyway, something in the $5-$7K range will be possible at that point.
Let's wait and see.😃
if it follows past patterns, it could go as low as $9000.00
Good luck. Thats cheaper then an efficient miner can mine it for.
You are inspirational.
If someone complains is because they take too much risk and try to blame someone else for their actions.
Everyone should invest what they can afford to risk.
I have no beef what ever you do. But I do wonder if you bought crypto at such low prices to begin with and if you believe in the assets you held, why not HODL? Curious of your reasoning. Especially if you took a loss?
I am invested in Shiba Inu. It broke above its trendline on the 1hr chart, is trading above its 20, 50 and 200 M.A.'s, is above the s/r level. If it pulls back to the s/r level and continues higher.....
If price continues to go right without going down I will be selling other coins to pump into SHIB. That sideways price action instead of a pullback is the way SHIB behaved during its last pump in September 2021.
Disclaimer: You are not me. You may not have the risk appetite that I have. This information may drive you to LOSE your investment. I am NOT giving financial advice. GO SHIB GOOOOO! 🤩😃
Shiba Inu 1hr Chart:
https://docs.google.com/document/d/1QmkqzqfiGB26blp8uwQ1ZRRS9hNoPvzCvIKf1BZ_1oM/edit?usp=drivesdk
Eeeeeeeeeeheheheheheeeeee 😈😂🤣😂😁🤣
Are you still in BITCOIN? Haven’t heard much on that pick lately.
Greg sold all his crypto, including bitcoin.
Yes. I should have been more specific. I never believed in cryptos. I guess GM decided to take a haircut. If he is true to his brief system I think he went full into metals. That’s the one investment that I could ever swallow. The volatility in cryptos tell me that someone is making off with the profits that seem to be very rare as of late. It’s your money. Spend it as you see fit.
I've made a KILLING in crypto. People who haven't don't know how to trade.
Many of us are patient and have been riding gold and silver all the way up. Not one dip, ever. Stability vs volatility!
I don't buy Bitcoin. I just track it because all other crypto GENERALLY follows it.
I trade only volatile altcoins. Why should I be in the market if there is no volatility?
Bitcoin also would tie up way too much capital for tiny gains.
I traded Cardano and made 2,300% profit when I sold it. Bitcoin will take 20 years to see a 2,000% return from this point on.
I made a 1,900+% profit on Shiba Inu in one year last year. That's the kind of coins I trade. I'm getting older day by day. I gotta get what I can as quickly as I can. 😁
Crypto is a controlled operation that siphons money off of the goyim. All finance is run by the same avaricious group of people.
When I watched his first few episodes he was 100% wrong. Lol. Maybe he's perfected his technique since then I guess.
Sorry Alex.I dabble in astrology. If the Kid wants to risk his “fortune” on the Kabala or tarot cards, then that fortifies my stand.
“Eenee Beenne Chili beanie,the spirits are about to speak! Bitcoin is now Zero!”
“You mean crypto is worthless Bullwinke?”
“Better get another system Rock!”
Hahahahahahahahahahahaaa 😁
Nobody gets 100% win rate
Keep doimg what you are doing and greatly appreciate the transperancy
Greg I have to admit I was surprised to read you selling your crypto stock in one of your posts. I have bought into enough of Crypto that I really don't want to sell to take a loss. I would rather keep buying low and hope in the next couple of years it will go back up. So when you wrote you were selling your crypto I have to ask WHY? What changed your mind to sell that could force crypto to go low, stay low or even go out? What do you know that could force crypto to lose value?
Don't worry, crypto will pump again. You know the market cycle.
Emotional
Emotion is the ruin of most traders. Intelligence and strategy are what’s needed.
Ur right... emotions got him this time.
He can get back in though at any time so nothing is critical. He might even luck out and get in at a lower price.
<<<If the "Bull-arino" capitulates, the bottom is in right?>>>
I dunno.
I think the MM's/institutions/whales may be desiring to cause maximum pain so..... maybe they plan to take Bitcoin down to 5k like some are proposing.
All my gurus are getting it wrong. They keep calling the bottom because they are perma bulls and don't know how to short a market. They act like falling prices are a bad thing so they keep calling for bull runs that are not manifesting. I was watching one of my favorite gurus last night giving a heartfelt "sorry" for calling it wrong. I was wondering why he called it in the first place. Why not just let the market show you what it wants to do THEN react to it? I was going to send his video to Greg so he wouldn't feel so bad.
While I'm here, I just wanted to say I crossed a line with you sir that I never cross. I never disrespect those elder to me. I just wanted to say I'm sorry I crossed that line while trolling in the past and ask you to forgive me.
Gregory!!!! Please keep doing your thing, YOU HAVE MY SUPPORT......to the person or group that is complaining, learn the basics!!!...
1. Psychology (mindset)
2. Discipline
3. Risk management
4. an extra pair of Diapers
This man took a 36% haircut and probably even awarded a tip!!!!!
Prayers to you and yours Gregory,
Stay Safe,
A Marine in Ca.
Greg. I have to respectfully disagree on cryptos. I don’t trust them and confidence is the bedrock of any investment. Hope I’m wrong and wish you luck. I believe your confidence in gold and silver will be well justified and self evident in the long run. This is a long race and most will fall by the wayside.
You might start with apologizing to all Vietnam Combat Veterans when you used the term “baby killers.” My job over there was to save my Marines, as well as countless civilians. Many were children who had no understanding of why they were being sacrificed to the “Strange Gods of Judaism.”
Crypto/digital assets are the future, full stop. That said, if you want to invest in the future Amazons and other winning projects, you need to get under the hood and do your own research. Most crypto assets will decline and die off, but the winners will 100x and beyond. The tokenization of the economy is headed at us full steam- the prices you’re looking at now won’t be here much longer.
<<<Crypto/digital assets are the future, full stop>>>
That's obvious.
I wonder why most people can't see the obvious. 🤔
Well, I guess they've just got to miss out, then buy from US at the top after we 100x.
Hahahahahahahahahahahaaa 😁😃🤣
Just in case you all don't realize this, Greg is being hunted by the Federal Reserve and there is a target on his back because he is bringing the truth. That is who called the SEC on him and is hammering him on crypto.
As far as selling goes. I wrote Greg and told him I still believe Crude will hit new highs because of the current economic conditions and the threat of war in the middle east between Iran and Israel. He sold because he didn't want to give back any more of the gains he made. I told him how painful it was to sit and watch my account erode, but I am still holding.
Everyone has there own tolerances and if you cant tolerate the pain then get out. No need for criticism here. Especially when it comes to Greg. We are here to help each other, DONT FORGET IT...
What is that old saying Greg 🤔,
…I AM the
MASTER of my FATE…
and the CAPTAIN
of my SOUL
Point is, people need to quit bellyaching & pointing the finger 👉🏼at Greg when they have three fingers pointing right back at them👈🏼 🤠
You said it sir!!......
"Alright - Fall In, and quit your bellyachin'"!!!!!!!
Buy Dogelon Mars that is controlling Bitcoin.
If you have 10 billion Dogelon Mars it goes up or down a dollar for every billionth of a cent while Dogelon Mars has 6 zeroes.
0 0000002704 is where it is at now.
When Dogelon Mars gets back to 5 zeroes 0.000001 it pays a dollar for every billionth of a cent it goes up or down.
If you have 10 billion Dogelon Mars it pays 10 dollars for every billionth of a cent it goes up or down. 100 billion Dogelon Mars pays 100 dollars for every billionth of a cent it goes up or down
10 billion Dogelon Mars is about 2700 dollars 100 billion Dogelon Mars is about 27000 dollars
Just like the .com bubble, most of now all crypto is going to zero. There is no way that your international bankster overlords are going to allow a private parallel currency to compete with their government sanctioned control grid gulag.
Like GM, my portfolio and I am not in sync with this market and have not been since November 2021. A lot of the pain is self-inflicted, but a lot is the market dynamics that defy research, analysis and historical performance on a technical and fundamental basis. I too am riding commodities to see how this plays out; however, by historical standards my commodities should still be rising while the market is falling over the last several weeks but then again stagflation (economy contracting with inflation occurring) hasn't been an issue since 1970's and early 1980's so bottom line: cash preservation becomes even more important and causes me to agree with GM's course of action until either the debt market implosion or confirmed rally takes hold that last more than a week or so..
You're are one of the few honest and transparent people in the market.