this post was submitted on 03 Feb 2026
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Out of the loop

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[–] fox2263@lemmy.world 4 points 1 week ago (2 children)

Does that mean it’s a good time to buy? πŸ˜‚

[–] Cevilia@lemmy.blahaj.zone 2 points 1 week ago

It's all gambling. So... do you feel lucky? Well? Do ya, punk?

[–] IronBird@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

yes, for people in "in the know" sotospeak, they call the lines going up non-stop "being priced out".

for the big indexes and other OG bitcoin-type stuff (gold and silver), in order to get good entry price you ideally wait for a correction to occur (correction is a drop of atleast 10%, you need that much to force all the algo-traders into cut-losses mode).

look back at last april to see what the floor is when the algos stop...