Wtf is happening why is everything dumping

wtf is happening why is everything dumping

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grandpa BTC sharted

scammers are cashing out

Everything dumps Sunday but you’re all so autistic you have no concept of the past

Including your mom kek

Everyone's buying a PS5 and a new RTX 3080

People expect a shitty NASDAQ at reopening. NASDAQ is strongly correlated to our markets.

king shitcoin is moving

Axion isn't, user.

I love shit like this, it's basically the same as "muh CME gap". There is literally no rational causative relationship between NASDAQ and crypto.

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assassination contracts

not always faggit

Key love this

Every digital token can and will eventually go to zero, just like on a long enough time line all fiat currencies will go to zero due to them lacking intrinsic value such as gold silver and land have

Fiat will never go to zero as long as it is backed by my faith in the federal government.

Based

>you call this a dump
God you're pathetic

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comfy in NEC desu

>when your shitcoin is climbing whilst everything is dumping

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dubs = $10 EOD

Please kill me

rebalancing?

It's lost 99% of its value since 1914. Why do you think it can't lose the last one percent?

FOR THE LOVE OF GOD STOP SELLING MARGARINE
CAN'T YOU SEE YOU'RE DESTROYING FAMILIES

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Rebalancing what exactly?

Fiat is backed by the government's threat to shoot you in the face if you don't accept it as payment of any debt. Fiat will never be worthless because you'll never want the government to kill you. Crypto is all worthless, and if you're not the (((scammer))), you're the scammed. #WhiteSamsonOption

Stocks vs crypto

Rebalancing is when you have X% of your portfolio as stocks or bitcoin or whatever. On any given day stocks move up or down. Your rebalancing bot will automatically sell your winners and buy your losers. It basically automatically sells high and buys low.

So lets say you had big gains in bitcoin but the stock market was falling. It would automatically sell the bitcoin and buy the stocks. On a massive scale (institutional money) doing this would lessen the fall in the stock market and reduce the gains of bitcoin. It forces the two to become correlated when they otherwise would not be.

Look, let me explain this in layman's terms. You're awake and a certain asset, let's say your mother is alive and well and shouting at you to take out the garbage before you go to bed. Then you go to bed. You awake to a beautiful golden dawn, the birds are chirping and you go downstairs to find your darling mother stone fucking dead because you read this post. You can't simply reanimate her because you happened to go to sleep whilst the rest of the world kept turning. Go ahead and reply to this post, it won't change a damn thing.

But they're not, nice hypothesis though.

Buy loopring or have massive Fomo next Thursday. It will peak Wednesday. Screencap this

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You really have to ask?

s&p500 and bitcoin are fairly closely related now. They both typically rise and fall on the same days now. When the stock market shit the bed in march bitcoin fell to like 4k. I suspect rebalancing as the cause.