1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
Yeah it's usually hard for me to take profits lol. But I took some today lolBTC gonna nuke
satireprod
Superstar
BTC gonna nuke
if it's not one thing, it's another....cant catch a break in September, just a chaotic month (as some of yall have already said) lolWhat happened now?!?
it’s just basic market shyt man
Look at the weekly chart, turn ema + macd indicator on..
Looks just like May when we topped out
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it’s just basic market shyt man
Look at the weekly chart, turn ema + macd indicator on..
Looks just like May when we topped out
yeah its looking bad man....
BTC may be looking bad but there's still money to be made out there's. Might have a bad rest of the quarter but things can change right around Halloween and bounce back up. Taking profits won't be too bad if you have a decent amount in there. I'll continue to DCA as much as I can. Same with ETH. Moving averages do look bad but I'm hopeful it doesn't dip down as bad as the last drop. Maybe 38k at worse 34k hopefully. Tho BTC going down might be good for other coins if people moved some profits to cheaper stuff that is holding steady while that's going down. Let's see in two weeks on Sunday October 10th how the past two weeks have closed and who's still hanging around and who we might see again in November.
41k the key level to watch. Thats about the 50% point on the Fibonacci chart. 38k is the next level at 61.8% which matches up with my 38k mention in the last post.
satireprod
Superstar
should be an interesting next few days
Man I’m a boomer on crypto also. This is a good time for me to increase my BTC and ETH. But I only deal with BTC/ETH/ADA anytime I got into the meme or alts for the most part it never worked out for me. Even though I see others eating. I’m just going to do like you said just keep DCA into those 3. Basically if I invest $100 It’s 50 BTC, 30 ETC, 20 ADA. And of course that can change. But I’m not putting as much in as you all. Just a few hundred here and there I’m not 6 cert.
I'm 0 cert myself. At this point I'll take any of these investments hitting it big for us and getting us to the promised land. With unemployment not giving shyt out anymore, I'm cautious with my money also. I'm not throwing that much more than you into BTC and ETH on a weekly basis and who knows how long that may last. I was lucky that I saved money back in the day and was able to throw down a decent amount last spring/summer but I've learned about DCA and other stuff along the way as well that makes you look at the game differently. The meme and alt game can be dangerous. I know I've suffered plenty of L's and if I never made decent profit on Shib I wouldn't have been able to take as much risk. Gotta take some profits into stable and/or well known coins like btc/eth but also have so stuff for risks like meme coins in case another one hits big. If you can, look into cheap ones like FET and COTI. Even if its just 5 or 10% of your investment. I find it better at times to invest in cheaper stuff that has potential to double up or higher than being on the slow grind with higher priced stuff. You can make money regardless and just being in the game already has you at an advantage over those not taking the opportunity.
Even though this is propaganda I 100% believe it. Everything plummeted in may so depending on what was purchased in June you’ll most likely be way up by now during that time frame.
