/biz/ - Business & Finance

>>5147855
Bitcoin may go to 50k next month...who knows?
But the nature of trading is following herds and herds can be stampeded off cliffs.
Ever hear the trading phrase about charts..."Movement goes up like an escalator but down like an elevator"? The exit door will be crowded...and your sell fill will be 10% lower than when you entered it because of volatility...if its filled at all....ever see Coinbase give you the spinning spoke wheel of death when you want to sell? (my co-worker told me that and I just lol'd at that)....imagine a Senator's nephew lose his inheritance on cryptoes and he kills himself, then that Senator pushes 'Cameron's Law' that states all buy and sell are regulated in some onerous way (for the children of course and in the memory of Cameron doubly of course)...I wish you all well. Time to go to church for me.

>>5102216
this...and boy oh boy will the IRS and mainstream media looooove to make you an example to fellow cryptoeans
...or very very punitive fines (with penalties and interest, of course)