How low is it projected to go on this last leg? What is your suggestion buy when it bottoms out today or wait for the G20 news?
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
How low is it projected to go on this last leg? What is your suggestion buy when it bottoms out today or wait for the G20 news?
No..Money..Mo..Problems
it is what it is
To the nikkas that are buying on the dip and holding cuz you already in the red I wish y'all the best 
This shyt was trading at 660 just a year or so ago when gamblers like myself were flipping it from sportsbooks into cash. Once y'all realize 90% of the price increase was from speculation you'll realize all this support levels, charts, etc dont mean a thing. You better off getting a brokerage account and buying puts on the way down.
This shyt was trading at 660 just a year or so ago when gamblers like myself were flipping it from sportsbooks into cash. Once y'all realize 90% of the price increase was from speculation you'll realize all this support levels, charts, etc dont mean a thing. You better off getting a brokerage account and buying puts on the way down.
checks litecoin balance
Clark Wayne
Superstar
ETH near $450
SadimirPutin
Superstar
To the nikkas that are buying on the dip and holding cuz you already in the red I wish y'all the best
This shyt was trading at 660 just a year or so ago when gamblers like myself were flipping it from sportsbooks into cash. Once y'all realize 90% of the price increase was from speculation you'll realize all this support levels, charts, etc dont mean a thing. You better off getting a brokerage account and buying puts on the way down.
breh
there is a reason why I always ask them what info they trade these things on....
newworldafro
DeeperThanRapBiggerThanHH
Elliot waves, we're finally getting close to the bottom. Once that happens expect some consolidation then a massive run where we should breeze by the previous ath.
It could go as low as $3800, but the market doesn't always act like you'd expect. On Feb 6th it was expected we'd hit $4000 but we bounced at $5900.
I'm just buying eth and neo to use for icos, not really interested in the coin hunt anymore. The bonuses on icos are just too good to pass up and I been getting in ico pools and passing kyc for non US icos too
TrebleMan
Superstar
I cashed out a minute ago, basically at break even, looks like it was at the right time.
May rebuy if it gets bad though, that'd be like somebody new to the game buying it at the all-time low without all the extra bs.
Great point about crypto practically being started by brehs who just wanted to buy some shyt they thought couldn't be traced and happened to get lucky. These folks are the ones with the power in the game. But also their inexperience is tanking the market.
Mark Cuban had a similar insight about winning the lottery: "You won the lottery, but that doesn't make you a good investor, keep your money."
End of the day, it's all about luck, period. Nobody has any type of crystal ball in this game and "The worst thing that could happen is that you're right a few times."
May rebuy if it gets bad though, that'd be like somebody new to the game buying it at the all-time low without all the extra bs.
Great point about crypto practically being started by brehs who just wanted to buy some shyt they thought couldn't be traced and happened to get lucky. These folks are the ones with the power in the game. But also their inexperience is tanking the market.
Mark Cuban had a similar insight about winning the lottery: "You won the lottery, but that doesn't make you a good investor, keep your money."
End of the day, it's all about luck, period. Nobody has any type of crystal ball in this game and "The worst thing that could happen is that you're right a few times."
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No..Money..Mo..Problems
it is what it is
Elliot waves, we're finally getting close to the bottom. Once that happens expect some consolidation then a massive run where we should breeze by the previous ath.
It could go as low as $3800, but the market doesn't always act like you'd expect. On Feb 6th it was expected we'd hit $4000 but we bounced at $5900.
I'm just buying eth and neo to use for icos, not really interested in the coin hunt anymore. The bonuses on icos are just too good to pass up and I been getting in ico pools and passing kyc for non US icos too
Apples and Oranges most of these chart analysis are based off stocks, metals and government back currencies that have underlying value and have decades of information available on them. If I'm an analysis at XYZ and cover company ABC and some bad news comes out and pushes the stock from 50 to 40 i might come out and say based off chart history there is support at 40 so buy and don't panic. They can say that cuz alot of times there are retirement fund managers that have hundreds of billions of dollars they need to put to work and will step in and buy at certain prices. Ain't no mutual funds stepping in to buy bitcoin as soon as the hopes of people who bought Bitcoin for the sole purpose of selling it to someone else for alot more quickly fades this is gonna turn ugly.
No..Money..Mo..Problems
it is what it is
So basically I’ve missed the bitcoin wave
Did anybody in here even make money off this sh!t
Only people who made real money off this we're the nikkas that threw a couple hundred at it in the early days and forgot about it.
Reality
Make your own luck.
What do brehs think? I have about ~$2.5k worth in BTC...was $3k a few days ago, $5k a few months ago, etc, etc.
Took quite a bit of profit off the table when BTC fell back to $17k from the $20k high, so I'm really not hurting.
Should I hold or just take the L and use this as vacation money at this point?
Took quite a bit of profit off the table when BTC fell back to $17k from the $20k high, so I'm really not hurting.
Should I hold or just take the L and use this as vacation money at this point?
And yet it's followed TA almost exactly, the technology is here to stay. You'll be saying this exact same thing when it eventually touches $40k and has a retrace to $8k. As long as BTC is the gate keeper to other cryptos with tangible use cases it will have a value, and eventually something could replace BTC but Block chain isn't going anywhere.
TrebleMan
Superstar
A lot of folks were feeling themselves last year, holding their chat room to people's faces and lambo this lambo that. Then go on to talk about "my people." Some folks really aren't stable.
Even now that I'm making money as an engineer, if people need advice I'm more than willing to give it because I want to see everybody come up.