1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
ReasonableMatic
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RobinHood: Ain't no new package..
Just gonna put that SAME shyt out in a different colored gelcap, is all. Might spike that shyt with some procaine or some caffeine, but otherwise it's the same.
Yet the fiends will be right back after this. I can’t even be mad at RobinHood. They just hustlin out there
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Coinbase:
Looks like we are bouncing back, but I'm not brave enough to buy these dips.. Could be a trap.
There's no air left in the ball. It's over.
See yall in the next bull run in 2023
TheBigBopper
Banned
Way too much optimism online. I am almost certain this is the beginning of a bear market
1. way too much money flowing into shyt coins
2. Interest rate risk. Feds will have to act on rising inflation, meaning a rise in rates, which will force institutional money to flow from risk assets back into cash flow rich companies that pay dividends. Crypto is far too speculative an asset class in a higher rate environment.
3. too many people are overlooking Elon’s tweet. Tesla is what sparked the push above $50k. Why is the inverse not true ? If a market leading company Tesla legitimized crypto as a dollar hedge, it can take away its legitimacy too, slowing down overall adoption.
I’m not buying this dip. Market fundamentals are no longer in favor. Don’t get me wrong, I’m sure there will be some dead cat bounces, but I’ll see you guys @ btc $15k.
1. way too much money flowing into shyt coins
2. Interest rate risk. Feds will have to act on rising inflation, meaning a rise in rates, which will force institutional money to flow from risk assets back into cash flow rich companies that pay dividends. Crypto is far too speculative an asset class in a higher rate environment.
3. too many people are overlooking Elon’s tweet. Tesla is what sparked the push above $50k. Why is the inverse not true ? If a market leading company Tesla legitimized crypto as a dollar hedge, it can take away its legitimacy too, slowing down overall adoption.
I’m not buying this dip. Market fundamentals are no longer in favor. Don’t get me wrong, I’m sure there will be some dead cat bounces, but I’ll see you guys @ btc $15k.
humminbird
Veteran
can't even buy anything if I wanted to
Every major crypto site is down and I'm hearing that people are withdrawing crypto in mass volumes
I think we're getting another drop when everything is back up
Every major crypto site is down and I'm hearing that people are withdrawing crypto in mass volumes
I think we're getting another drop when everything is back up
Action Mike
All praise..
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short plays in and out of good projects or projects (VET, MATIC etc) with a fanatical fanbase (i.e. SHIB) are good short plays during BTC plateaus or rising phases IMO.
ReasonableMatic
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ayo i just started in this crypto shyt this year in jan, im panickingi aint tryin to sell now, but please expand on whats going on. i been watchin this crypto shyt since like 2011 but just this year got on board. help a newbie out
Be greedy when people are fearful,
Be fearful when people are greedy..
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heisenburrr
Have Fun Staying Poor
There's no air left in the ball. It's over.
See yall in the next bull run in 2023
We'll come back to this
kingdizzy01
ATXBBOY
u right, im holdin!
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Coinbase:
How do you on-ramp your FIAT to crypto? What exchange/process do you recommend?
Bay Area
Raiders/Warriors/A's
Hope you didn't lose too much money by panic selling, things are already slowly rebounding.Took a L. I folded. I’ll check back at the end of this month and see what’s up
TheBigBopper
Banned
I don’t disagree with this. I used to swing trade crypto but I don’t have interest in that now. Too fukking stressful. Stock options and futures offer me enough action
