1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[the bossman]

Shyt...I'm about to sell. I'll go all in on the next price drop

Willingly give your BTC to institutions for a little profit when it's clear as day it's going over 100k brehs

 

[Carlton Banks]

If I throw like a rack at bitcoin is that a waste of time or I need to do more?

If you throw a rack in it now sitting at 33k... You won't get your initial investment back until it reaches 66k (or 69k with taxes included). No one's really gonna be getting rich off this unless they were already rich. I'd look into other coins where you get more bang for your buck.

 

[Red]

OK so who's lambo'd out?

 

[Virtuous_Brotha]

If you throw a rack in it now sitting at 33k... You won't get your initial investment back until it reaches 66k (or 69k with taxes included). No one's really gonna be getting rich off this unless they were already rich. I'd look into other coins where you get more bang for your buck.

Another option is daytrading or swing trading with pairs like btc/usd as the value against each other move right?
Can get your return quicker if you know how to read the candlestick charts on tradingview.

 

[heisenburrr]

OK so who's lambo'd out?

Taking profits before $150k is for pussies.

I'll say this too for you altcoin maniacs look for $DOT. It might outperform ETH on the year and is at least not so shyt as to risk getting rug pulled to nothing

 

[Supa]

Taking profits before $150k is for pussies.

I'll say this too for you altcoin maniacs look for $DOT. It might outperform ETH on the year and is at least not so shyt as to risk getting rug pulled to nothing

That's a potentially dangerous strategy. We don't know what's ahead market wise or what societal factors may arise. Like I said before go with the trend. If BTC is still parabolic fine but if it's not you better have a plan.

If you're holding til 150k you better have some alts so you can make money in the meantime.

I been in DOT since way back.

ETH $915

 

[heisenburrr]

That's a potentially dangerous strategy. We don't know what's ahead market wise or what societal factors may arise. Like I said before go with the trend. If BTC is still parabolic fine but if it's not you better have a plan.

If you're holding til 150k you better have some alts so you can make money in the meantime.

I been in DOT since way back.

ETH $915

Cant lie. ETH cooking. Looks like alt rallying while BTC catches its breath

 

[livindajetlife]

If you throw a rack in it now sitting at 33k... You won't get your initial investment back until it reaches 66k (or 69k with taxes included). No one's really gonna be getting rich off this unless they were already rich. I'd look into other coins where you get more bang for your buck.

I mean I figured I wasn't gonna get rich but atleast get a return .. but that's a good look bro

 

[Pyrexcup]

@heisenburrr what alt coin do you recommend people to jump on now? eth?

 

[Supa]

Looks like alt rallying while BTC catches its breath

That's how it always goes

Alts haven't even started moving yet. If we get a repeat of 2017 expect to see 10-100x on the big names. I'm banking on Defi, oracles, NFT'S, and DOT projects to be the money makers.

 

[Supa]

This address makes an average of $300,000 a day yield farming

 

[NaijaProdigy Redux]

ETH

 

[TheAnointedOne]

This address makes an average of $300,000 a day yield farming

what's 'yield farming' ?

Google definition:

One of the new concepts that has emerged is yield farming. It's a new way to earn rewards with cryptocurrency holdings using permissionless liquidity protocols. It allows anyone to earn passive income using the decentralized ecosystem of “money legos” built on Ethereum.

Yeah totally not confusing at all.

 

[High quality poster]

Eth

 

[Supa]

Yeah totally not confusing at all.

It's not that complicated to farm. It's easy to set up but you probably need at least 5k to start.