1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
People are short sighted.
They happy to flip $2,000 into $4,000 as if that’s gonna change their life in any meaningful wayIf this stuff becomes a global thing, the prices are gonna go into the stratosphere.
I hear you...to be fair some ppl need the $$$...others can throw X amount of $$$ in BTC/crypto and just wait...but I know folks who had to cash out or take short-term profits quickly for family/medical emergencies...bills etc...so it’s hard for me to be too judgmental
no that was pretty much all of 2018...this is lightweight and a NECESSARY pullback...as fun as it was you don’t want BTC/alts running up too fast...it doesn’t bode well in the end...a slow and steady grind upward is much better in the long run...that super 5-week run up @ the end of december 2017 thru the first week of january 2018 was incredible...my portfolio increased 4300% but I kid you not literally a week later my profits were cut in half...and that was the beginning of the year long bear...that’s why I said folks were pulling profits quickly yesterday...when the market moves up too fast it will come down just as fast...this correction is good...I would’ve been happy but seriously worried if the shyt kept running up too quickly
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CJ
Your objective semi-troll
J-j-just a healthy correction
ya it is a bit scary cuz we said it all thru 2018 and the shyt just kept getting lower and lower lol...the only reason I’m confident about it truly being a healthy correction is bcuz we are less than a year away from the halving so I don’t see us going back into a bear market
If you can’t pay your bills the absolute LAST thing you need to be doing is investing. This is basic information. It’s highly volatile and you gotta pay fees and taxes anyway so you hustling backwards putting money in and pulling money out at the first sign of trouble to pay your bills. Stack up a few thousand in your savings, put it in a safe money market or a short term CD so you earning a little something, use that for emergencies, THEN use your excess money to start investing.
It will. If anything these prices will be the new low by this time next year. When the halving comes prices are going to lock up high. Stack and hodl
hope it goes back up
you’re preaching to the choir...not everyone does things “perfectly” or the way it “ought to be” tho...that’s just life...it’s impossible for me to admonish someone for successfully trading short-term and paying off their bills...or having the desire to invest long-term but having to pull the $$$ out due to unforeseen medical emergencies which I also mentioned...if you always do things the way they’re supposed to be done and can pinpoint unforeseen circumstances then I have to admit that’s quite admirable
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Coinbase just announced theyre listing LINK breh
$LINK up 80% the last 24 hours. 700% since year-to-date.
Yo these thread title updates are 