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Are You Buying The Dip?
Sats O'Clock
June 14, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's June 14, 2022.
The markets took heavy losses on Monday. Bitcoin is hovering around $22K at the time of writing.
While everyone panics, the whales accumulate.
#Bitcoin number of addresses with number greater than 10k is again making an ATH 🚀. This definitely means whales 🐳 are accumulating $Sats
#BTC#onchain
— BLOCKCHAIN TECHNICAL AND ICOs(btita.eth) (@ProjectsIco)
4:13 PM • Jun 13, 2022
It is very easy to get sidetracked by short term price action. Billionaire Ricardo Salinas is buying the dip!
Billionaire Ricardo Salinas: “We will not regret having bought more #Bitcoin at this price.”
— Bitcoin Magazine (@BitcoinMagazine)
2:45 AM • Jun 14, 2022
Something to think about.
You CANNOT sell your Bitcoin unless someone else is BUYING your Bitcoin. It is a 2 way trade, both parties are required.
So you must ask yourself, if I am selling my Bitcoin because I am scared, who is on the other end buying my #Bitcoin and what do they know that I don't?
— RONIN_BTC (@JamieHo60709065)
5:13 PM • Jun 13, 2022
A thread of Celsius posting BTC collateral, delaying their seemingly imminent liquidation.
This likely ends with Celsius liquidated.
— Dylan LeClair 🟠 (@DylanLeClair_)
12:51 AM • Jun 14, 2022
Dylan also explains in his substack what went wrong with Celsius.
Celsius Exchange Halts Withdrawals: What Went Wrong?
Breakdown from @namcios and I.
— Dylan LeClair 🟠 (@DylanLeClair_)
8:57 PM • Jun 13, 2022
The network effects keep growing as Brazil is trying to introduce Bitcoin friendly payment systems.
JUST IN – Brazilian Congressman introduces bill to recognize #bitcoin and crypto as means of payment 🇧🇷
— Bitcoin Magazine (@BitcoinMagazine)
8:53 PM • Jun 13, 2022
Someone paid $47 in fees to transfer $140,000,000 of Bitcoin. To put that in comparison, some Canadian banks charge $50 for draft cheques of $10,000.
Someone transferred $140,545,000 in #Bitcoin and paid a fee of $47.94
That’s a transaction fee of 0.0000003411%
No government bank or third party had to verify the transaction, nor could they have STOPPED IT, if they wanted to.
— Watcher.Guru (@WatcherGuru)
12:01 AM • Jun 13, 2022
In the last 24 hours, ~$600M worth of Bitcoin has been liquidated!
BE VERY CAREFUL WHEN USING LEVERAGE.
If you missed it...
A friendly reminder of history.
This couldn’t be more relevant to #Bitcoin price action.
Play the long run not the short termThanks to @LawrenceLepard
— Coldfusion (@Romain_Ledoux_)
7:02 PM • Jun 13, 2022
Something to think about if you are buying the dips.
To those waiting to try and perfectly time the exact bottom, best of luck to you seriously.
I personally couldn’t help myself but deploy at these levels today, fine with being underwater short term don’t care. These are multi-year spot buys.
— Will Clemente (@WClementeIII)
5:52 PM • Jun 13, 2022
It is still recommended to acquire 1 BTC at-least.
If you own less than 1 #BTC make it your life’s mission to get to 1 whole #Bitcoin some day.
Make it your goal and give it your best shot!
💪 🙏
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
6:28 PM • Jun 13, 2022
MEME OF THE DAY
Cramer was spot-off as usual!
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