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

[Carlton Banks]

As long as you took out your initial investment when things we're up, it's never really a loss.

 

[Kenny West]

Every time there is a pump and dump, it's the big boys trading....rinse and repeat.

While HODLers hold the bag waiting for 100k

This.

It's entirely possible that the 2020 gains were fake/inflated by Wallstreet. But the ones from February forward was definitely fake.

Uh-Oh! Market Leverage At All-Time High

These support levels will get obliterated when the other shoe drops

 

[KingTut]

I'm still way up on ETH. Have an average buy of around $500. I might move it into two different stables and put it in a stablecoin LP for the time being but I'm complete ass at TA so I might leave it tbh.

Definitely buying more LINK, TRU, Sushi and UNI over the next few days. Gonna stake/LP whatever else I have and just avoid looking at my portfolio for a while.


Edit:

This.

It's entirely possible that the 2020 gains were fake/inflated by Wallstreet. But the ones from February forward was definitely fake.

Uh-Oh! Market Leverage At All-Time High

These support levels will get obliterated when the other shoe drops

Funny you mentioned this. Ran across a reddit post on the CC sub this morning.




Might go ahead and stablecoin it up soon

 

[Carlton Banks]

I'm still way up on ETH. Have an average buy of around $500. I might move it into two different stables and put it in a stablecoin LP for the time being but I'm complete ass at TA so I might leave it tbh.

Definitely buying more LINK, TRU, Sushi and UNI over the next few days. Gonna stake/LP whatever else I have and just avoid looking at my portfolio for a while.


Edit:




Funny you mentioned this. Ran across a reddit post on the CC sub this morning.




Might go ahead and stablecoin it up soon

Can anyone explain all this in layman's terms?

 

[gangreen]

I just bought like 1300 worth of litecoin in this dip,

This shyt will take off again right brehs? ​

 

[GoldenGlove]

Now...

Stable coin OUSD staking now for 76% APR on Kucoin...

Damn, is this over with already breh?

 

[Formerly Black Trash]

These coins hit all time highs 5 months in row. It’s easy to look back but these are tough decisions in real time.

Save it for a purpose

 

[Kenny West]

I'm still way up on ETH. Have an average buy of around $500. I might move it into two different stables and put it in a stablecoin LP for the time being but I'm complete ass at TA so I might leave it tbh.

Definitely buying more LINK, TRU, Sushi and UNI over the next few days. Gonna stake/LP whatever else I have and just avoid looking at my portfolio for a while.


Edit:




Funny you mentioned this. Ran across a reddit post on the CC sub this morning.




Might go ahead and stablecoin it up soon

I see you are a reasonably informed individual.

The gamestonk reckoning is coming

 

[Uitomy]

Well I should've seen this coming with the talks of stock market and real estate crashes seeming imminent this time around, everything is gonna drop

 

[FaTaL]

Blame Reddit

 

[heisenburrr]

If we pump back to 42k and get smacked back down

at least that gives us a trading range and maybe a bottom

 

[Him]

I should’ve sold BC and ETH last weekend…fukking Elon…

 

[KingTut]

Can anyone explain all this in layman's terms?

From the reddit post:

TL;DR: The market is an overleveraged and rehypothecated bomb. The banks have been fighting a liquidity/collateral crisis since the end of March due to the government emergency liquidity programs ending and inflation starting to kick in. The repo market could blow up at any moment from a lack of collateral and short squeeze the US Treasury market itself. The entire market is hanging by a thread and the DTC, ICC, and OCC are prepared for the fallout. There are big players in the Crypto market and if they default due to this repo market bomb, massive selloffs can occur, pulling everything down in the stock market, repo market, and crypto market all at once

 

[Sbp]

Yep - a volatile asset like crypto is to be traded not invested.

Altcoins yes. But ETH and BTC are game changers and worth the investment.

 

[perfectblack999]

Man I took my ETH profits when I hit my student loan amount. Paid in full.


Time to re up on this dip. ETH is the only crypto I have faith in currently.