The toxicity of Bitcoin and Crypto is at all time highs
Recently, I removed myself from a forum here because of the toxic atmosphere. This is not to say that my own behavior wasn't slightly toxic, but more reactionary to the toxicity that was already there.
This begs the question: what kind of toxicity are we talking about here?
Generally speaking, bitcoin and crypto maxis are the toxic ones at market tops. On the other hand, traders who short the market become toxic at market bottoms.
Therefore, I believe Bitcoin is closer to a market top because of the recent toxic comments of bitcoin and crypto maxis. These individuals are generally not traders and they actually tend to show discontentnent towards traders who try to short the market. Bitcoin and crypto maxis tend to troll the comment box with remarks like, "have fun staying poor, loser" and "bears will never learn." It actually makes you wonder what these individuals are doing here to begin with if they are not actually trading the markets.
I mean, if I were just dollar cost averaging or HODLing I would have have better things to do (like work an actual job) than troll the comments section to hate on leveraged traders.
Anyways, this leads me to believe a market top or a massive flush out of these toxic maxis is coming soon.
Have a blessed day!
-Handy
This begs the question: what kind of toxicity are we talking about here?
Generally speaking, bitcoin and crypto maxis are the toxic ones at market tops. On the other hand, traders who short the market become toxic at market bottoms.
Therefore, I believe Bitcoin is closer to a market top because of the recent toxic comments of bitcoin and crypto maxis. These individuals are generally not traders and they actually tend to show discontentnent towards traders who try to short the market. Bitcoin and crypto maxis tend to troll the comment box with remarks like, "have fun staying poor, loser" and "bears will never learn." It actually makes you wonder what these individuals are doing here to begin with if they are not actually trading the markets.
I mean, if I were just dollar cost averaging or HODLing I would have have better things to do (like work an actual job) than troll the comments section to hate on leveraged traders.
Anyways, this leads me to believe a market top or a massive flush out of these toxic maxis is coming soon.
Have a blessed day!
-Handy