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

Virtuous_Brotha

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Bitcoin Bounces Back After Falling Below $26K

One of the main main reasons for this drop appears to be a temporary de-pegging of $USDT. As you can see from the chart below by CryptoCompare, around 7:15 a.m. UTC (on May 12), the weighted average price of $USDT across multiple top-tier exchanges fell to as low as $0.9511.

Supposedly USDT depegged in march 2020 then went back to normal after a few days, i doubt there's much to worry about on that front.
 
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murksiderock

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SMF and LAX to VA and NC
So the consensus here, just to clarify, is to tough it out and stay focused on my gameplan? Because I'm tempted to pull all my money out, everything been bleeding for weeks...

Just looking for reassurance from more experienced investors. I'm only 2+ years in my journey, so I wasn't around last time shyt bled like this. For the record I have BTC, ETH, LINK, CRO, and MATIC in my portfolio...

My 401k bleeding like a bytch too. It feels like most if yall saying to just rude it out and stay focused, right?
 

BornStar

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Since the market is free falling it's time we put our heads togeth...:dame: Let me rephrase... We need to start putting a list together of the alts most likely to rebound first.

I'm thinking SOL and AVAX.

Than we need to look at what was hot before the crash like APE see if they still have a buzz.

We can't be buying bullshyt. Get in the winners because they will 2x quickly so we can remove our initial.


Breh hold on hold on:whoa:


Will those Alts rebound? Think about the last cycle.. what if SOL is the new NEO or
AVAX is the new NANO or
Apecoin is the new LTC.

Those cryptos never hit their previous high again. They never popped.

Some people invested in NEO at 120 when they seen it go from below .40cents to 150 plus...

its all time high after that was 50 dollars or so...

It could be rinse and repeat you invest the whole 2-3 years of the bear cycle just for a anticlimactic gain of 10% then a 90% dip again.:damn:



What I'm saying is think about the new coins that popped out of no where that weren't here the last cycle.. shibu inu , Ape coin etc they had amazing gains. If you invest in those now looking forward to the future it could be a set up and the next bull run will have new icos or ipo or nfts or ...

Of course I could be wrong but
I'm not excited for another 2 plus years of dipping.:birdman:
 

BornStar

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Altcoins can be risky ask brehs that were in it since 2016 till now DYOR


Xrp still hasn't reached its previous ATH :francis::francis::francis:

Imagine investing 10k at $3.50 then 4 years later you slowly lose half of your invest then a year after that you lose another 50 percent on top of that.
 

klientel

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Nah it’s has no bottom. And it will be a long recovery, if you wanna gamble wait until the free fall stops. It could be a penny in a few days…nobody knows

I take that back. A penny would be high for this coin. It’s going wayyy below a penny. Like to shyt coin levels
 

Mass

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damn, rsr under .004. i still have alot left, but might have to drop a few grand and pock up more. could easily 10x+ from here.
I lost access to every bit of RSR I had because of some technological swap shyt that I wasn’t aware of.
 

Supa

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Breh hold on hold on:whoa:


Will those Alts rebound? Think about the last cycle.. what if SOL is the new NEO or
AVAX is the new NANO or
Apecoin is the new LTC.

Those cryptos never hit their previous high again. They never popped.

Some people invested in NEO at 120 when they seen it go from below .40cents to 150 plus...

its all time high after that was 50 dollars or so...

It could be rinse and repeat you invest the whole 2-3 years of the bear cycle just for a anticlimactic gain of 10% then a 90% dip again.:damn:



What I'm saying is think about the new coins that popped out of no where that weren't here the last cycle.. shibu inu , Ape coin etc they had amazing gains. If you invest in those now looking forward to the future it could be a set up and the next bull run will have new icos or ipo or nfts or ...

Of course I could be wrong but
I'm not excited for another 2 plus years of dipping.:birdman:

NEO failed because it was a bytch to code for and they're ecosystem never took off. They didn't really have any backing either.

SOL is backed by Alameda/FTX and they're not letting it fail.
 
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mannyrs13

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@Supa you ever get that ATOM situation taken care of? looks like its back above $10. hopefully you waited a bit but if not, hopefully runs some more and gets you back in the green.
 
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