Agree. There is just too much

Agree. There is just too much uncertainty in the crypto space these days and it's just not worth the risk.

The Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week.

In fact, if you guys recall, price of Bitcoin and crypto related stocks plunged on the day of Bitcoin Spot ETFs approval. Thanks to outflow from $Grayscale Bitcoin Trust(GBTC)$ .

From Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE. And it may happen a third time.

Note that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bitcoin and crypto related stocks.

$Coinbase Global, Inc.(COIN)$

@SPACE ROCKET：Lols $Coinbase Global, Inc.(COIN)$ is trying too hard lolol 🚩🚩🚩 No point announcing 'good news' one after another these days when Wall Street is BLEEDING RED. It's all FLUFF. Smarter and more discerning investors would avoid buying in and getting caught in the sudden sell-offs and quick reversal. For those who FOMO and got in, GET OUT when you can!! 😆 🤣 FOMO Bulls are just trying their luck lol. Once COIN hits $255-$265, even the bulls will sell off and the BEARS will START ROMPING IN . 🐻🐻🐻🐻 Cathie Wood forsees this trend too. Thus, it comes as no surprise that she has been unloading COIN shares over these 2 days when COIN reaches its 'peak'. The upside to $280 is minimal and downside to $230/$240 much higher. Hence, taking profit in the $255-$265 range is the smartest thing to do for any investor in COIN at the moment. Even though she is a mega believer in the crypto space, she sees it fit to take profits now and come back in when COIN drops lower, and COIN WILL DROP LOWER. 💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔 In this period of uncertainty where inflation is still high, rate cuts a question mark, rate hikes a possibility, and the SEC hot on the heels of COIN, even a bull case for COIN can reverse pretty quickly into the bears territory. 🐻🐻🐻🐻🐻 Have fun in this game of tug of war!! 🫎 VS 🐻 What do you guys think? 💜💙💜💙 P.S. I don't short sell. I'm staying out and watching on the sidelines for now. Just raising awareness for those keen on trading COIN to do so safely. Do not get caught!!! 🚩🚩🚩 @Tiger_Earnings @Daily_Discussion @TigerEvents @MillionaireTiger @TigerPicks

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Comments

IrmaBurke
04-12
IrmaBurke
It's a risky time in the crypto market, so caution is warranted.

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There is just too much uncertainty in the crypto space these days and it's just not worth the risk.\nThe Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week.\nIn fact, if you guys&nbsp;recall, price of Bitcoin and crypto related stocks plunged on&nbsp;the day of Bitcoin Spot ETFs approval. Thanks to outflow from&nbsp;<a href=\"https://ttm.financial/S/GBTC\">$Grayscale Bitcoin Trust(GBTC)$ </a>.\nFrom Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE.&nbsp; And it may happen a third time.\nNote that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bitcoin and crypto related stocks.&nbsp;\n<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;</body></html>","htmlText":"<html><head></head><body>Agree. There is just too much uncertainty in the crypto space these days and it's just not worth the risk.\nThe Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week.\nIn fact, if you guys&nbsp;recall, price of Bitcoin and crypto related stocks plunged on&nbsp;the day of Bitcoin Spot ETFs approval. Thanks to outflow from&nbsp;<a href=\"https://ttm.financial/S/GBTC\">$Grayscale Bitcoin Trust(GBTC)$ </a>.\nFrom Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE.&nbsp; And it may happen a third time.\nNote that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bitcoin and crypto related stocks.&nbsp;\n<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;</body></html>","text":"Agree. There is just too much uncertainty in the crypto space these days and it's just not worth the risk. The Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week. In fact, if you guys recall, price of Bitcoin and crypto related stocks plunged on the day of Bitcoin Spot ETFs approval. Thanks to outflow from $Grayscale Bitcoin Trust(GBTC)$ . From Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE. And it may happen a third time. Note that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bitcoin and crypto related stocks. $Coinbase Global, Inc.(COIN)$","highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/294219503661168","repostId":294215908716872,"repostType":1,"repost":{"magic":2,"id":294215908716872,"tweetId":"294215908716872","gmtCreate":1712853148080,"gmtModify":1712909105595,"gmtUserModify":1712907718548,"author":{"id":4093561479903300,"idStr":"4093561479903300","authorId":4093561479903300,"authorIdStr":"4093561479903300","name":"SPACE ROCKET","avatar":"https://community-static.tradeup.com/news/67ecba742430a57a532b690885139baa","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":9,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.28","exceedPercentage":"93.99%","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":2412,"starInvestorFlag":true,"starInvestorFollowerNum":1766,"starInvestorOrderShareNum":336,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":6.44,"showRor":true,"investmentPhilosophy":"Take profits when they are due, cut losses when necessary, do not FOMO and catch falling knives 🙌🫶","winRationPercentage":51.831502,"tradeVolumeEst":0},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Lols&nbsp;<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; is trying too hard lolol 🚩🚩🚩&nbsp;\nNo point announcing 'good news' one after another these days when Wall Street is BLEEDING RED. It's all FLUFF. Smarter and more discerning investors would avoid buying in and getting caught in the sudden sell-offs and quick reversal.&nbsp;\nFor those who FOMO and got in, GET OUT when you can!! 😆 🤣&nbsp;\nFOMO Bulls are just trying their luck lol. Once COIN hits $255-$265, even the bulls will sell off and the BEARS will START ROMPING IN . 🐻🐻🐻🐻&nbsp;\nCathie Wood forsees this trend too. Thus, it comes as no surprise that she&nbsp;has been unloading COIN shares over these 2 days when COIN reaches its 'peak'. The upside to $280 is minimal and downside to $230/$240 much higher. Hence, taking profit in the $255-$265 range is the smartest thing to do for any investor in COIN at the moment. Even though she is a mega believer in the crypto space, she sees it fit to take profits now and come back in when COIN drops lower, and COIN WILL DROP LOWER. 💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔\nIn this period of uncertainty where inflation is still high, rate cuts a question mark, rate hikes a possibility, and the SEC hot on the heels of COIN, even a bull case for COIN can reverse pretty quickly into the bears territory. 🐻🐻🐻🐻🐻&nbsp;\n \nHave fun in this game of tug of war!!&nbsp; 🫎 VS 🐻&nbsp;\nWhat do you guys think?&nbsp;\n \n💜💙💜💙\nP.S. I don't short sell. I'm staying out and watching on the sidelines for now.&nbsp;\nJust raising awareness for those keen on trading COIN to do so safely.&nbsp;\nDo not get caught!!! 🚩🚩🚩\n \n<a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings </a>&nbsp;<a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/3527667667103859\">@TigerEvents </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000572\">@TigerPicks </a>&nbsp;</body></html>","htmlText":"<html><head></head><body>Lols&nbsp;<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; is trying too hard lolol 🚩🚩🚩&nbsp;\nNo point announcing 'good news' one after another these days when Wall Street is BLEEDING RED. It's all FLUFF. Smarter and more discerning investors would avoid buying in and getting caught in the sudden sell-offs and quick reversal.&nbsp;\nFor those who FOMO and got in, GET OUT when you can!! 😆 🤣&nbsp;\nFOMO Bulls are just trying their luck lol. Once COIN hits $255-$265, even the bulls will sell off and the BEARS will START ROMPING IN . 🐻🐻🐻🐻&nbsp;\nCathie Wood forsees this trend too. Thus, it comes as no surprise that she&nbsp;has been unloading COIN shares over these 2 days when COIN reaches its 'peak'. The upside to $280 is minimal and downside to $230/$240 much higher. Hence, taking profit in the $255-$265 range is the smartest thing to do for any investor in COIN at the moment. Even though she is a mega believer in the crypto space, she sees it fit to take profits now and come back in when COIN drops lower, and COIN WILL DROP LOWER. 💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔\nIn this period of uncertainty where inflation is still high, rate cuts a question mark, rate hikes a possibility, and the SEC hot on the heels of COIN, even a bull case for COIN can reverse pretty quickly into the bears territory. 🐻🐻🐻🐻🐻&nbsp;\n \nHave fun in this game of tug of war!!&nbsp; 🫎 VS 🐻&nbsp;\nWhat do you guys think?&nbsp;\n \n💜💙💜💙\nP.S. I don't short sell. I'm staying out and watching on the sidelines for now.&nbsp;\nJust raising awareness for those keen on trading COIN to do so safely.&nbsp;\nDo not get caught!!! 🚩🚩🚩\n \n<a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings </a>&nbsp;<a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/3527667667103859\">@TigerEvents </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000572\">@TigerPicks </a>&nbsp;</body></html>","text":"Lols $Coinbase Global, Inc.(COIN)$ is trying too hard lolol 🚩🚩🚩 No point announcing 'good news' one after another these days when Wall Street is BLEEDING RED. It's all FLUFF. Smarter and more discerning investors would avoid buying in and getting caught in the sudden sell-offs and quick reversal. For those who FOMO and got in, GET OUT when you can!! 😆 🤣 FOMO Bulls are just trying their luck lol. Once COIN hits $255-$265, even the bulls will sell off and the BEARS will START ROMPING IN . 🐻🐻🐻🐻 Cathie Wood forsees this trend too. Thus, it comes as no surprise that she has been unloading COIN shares over these 2 days when COIN reaches its 'peak'. The upside to $280 is minimal and downside to $230/$240 much higher. Hence, taking profit in the $255-$265 range is the smartest thing to do for any investor in COIN at the moment. Even though she is a mega believer in the crypto space, she sees it fit to take profits now and come back in when COIN drops lower, and COIN WILL DROP LOWER. 💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔 In this period of uncertainty where inflation is still high, rate cuts a question mark, rate hikes a possibility, and the SEC hot on the heels of COIN, even a bull case for COIN can reverse pretty quickly into the bears territory. 🐻🐻🐻🐻🐻 Have fun in this game of tug of war!! 🫎 VS 🐻 What do you guys think? 💜💙💜💙 P.S. I don't short sell. I'm staying out and watching on the sidelines for now. Just raising awareness for those keen on trading COIN to do so safely. Do not get caught!!! 🚩🚩🚩 @Tiger_Earnings @Daily_Discussion @TigerEvents @MillionaireTiger @TigerPicks","highlighted":1,"essential":1,"paper":1,"link":"https://ttm.financial/post/294215908716872","repostId":2426262893,"repostType":2,"isVote":1,"tweetType":1,"commentLimit":10,"symbols":["COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1332,"xxTargetLangEnum":"ORIG"},"isVote":1,"tweetType":1,"viewCount":491,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GBTC","COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":668,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":294382397337712,"commentId":"294382397337712","gmtCreate":1712893813740,"gmtModify":1712906209904,"authorId":9000000000000554,"author":{"id":9000000000000554,"idStr":"9000000000000554","authorId":9000000000000554,"name":"IrmaBurke","avatar":"https://static.tigerbbs.com/a5d8c2eb1c079c85b43879eb951e8684","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":294219503661168,"objectIdStr":"294219503661168","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"It's a risky time in the crypto market, so caution is warranted.","text":"It's a risky time in the crypto market, so caution is warranted.","html":"It's a risky time in the crypto market, so caution is warranted.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/294219503661168"}