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

Virtuous_Brotha

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Ponzi babel, don't ask me how
full
 

Supa

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Thinking we see a drop below 20k within the next 4 or maybe even 8 hours. :patrice:

This chart has a good perspective:


Cliffs:
Stock market looks like it has another leg down which means another leg down for BTC which is around 14-15k. Any lower it's around 10-11k. Lower is worst case scenario/multi year bear market. He thinks stocks rebound (possibly by the end of June) so BTC will. You see BTC go the next level down keep averaging down but don't go all in obviously.
 

YouMadd?

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Future thread title “BTC back at 8.2k”


Eventually you nikkas will listen to me… There’s a reason I pay a yearly minimum wage salary in car insurance every year….
Post from last year….

How. Many of you “investors” bought in at 64k and the 34k, and now y’all buying in at 21k lmao…..
 

Virtuous_Brotha

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Post from last year….

How. Many of you “investors” bought in at 64k and the 34k, and now y’all buying in at 21k lmao…..
Nothing a DCA can't fix, shyt coulda flew to 100k and folks would be pissed for not buying at 34 and even 64 thinking it's too high given there's also a possibility that it wasn't :yeshrug:

Granted i shoulda been more patient admittedly because unfortunately i'm outta fiat having used it all up at higher prices but having a good dca strategy is what it's all about waiting for a massive correction doesn't always work either shyt can take off without you.
 

Originalman

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Yep, that's what I've been doing. Just adding a little everyday. Better buying on the way down than the way up.

Last night/early morning actually hitting BTC, ETH, SOL, ADA, NEAR. Think that's going to be my top 5. Watching closely DOT and AVAX.

Yep DCA in on the way down and DCA out on the way up.....just like the whales.
 
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Supa

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Post from last year….

How. Many of you “investors” bought in at 64k and the 34k, and now y’all buying in at 21k lmao…..

I was telling people not to buy BTC at 50k.

I was mostly trading so I was buying and selling within a few days. For example I bought AVAX in the low 20's and sold in the low 90's. It's $15 now.

I do have coins I held when I should have sold but I bought so low I'm either mostly up in my investment or I didn't go in heavy so I can easily DCA if I wanted to.
 

Cobalt Sire

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Do you guys consider yourselves day traders or long term investors of crypto?

The real question is do you believe in Cryptocurrencies having use in the future, or do you see an opportunity to make money off of the hype while it's here?
 
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old pig

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Do you guys consider yourselves day traders or long term investors of crypto?

Do you guys believe in Cryptocurrencies having use in the future, or do you see an opportunity to make money off of the hype while it's here?

question 1—both…depends on the project and how I view it…I would say short-term trader as opposed to day trader as far as it applies to me…I’ve done short-term trades knowing in advance if I’m going to sell in a day, couple/few days, week(s) or a month

question 2—again both…but at this point I care 99% about the latter…all the idealistic shyt was cool in 2017 when I was first learning about crypto…but I don’t care about that as much anymore…bitcoin is the only project I can say I care about fundamentally…everything else is about making money to me…it’s just a matter of how long I’m willing to wait for it to pay off which then ties into question 1 (days, weeks, months, years)
 

mannyrs13

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Do you guys consider yourselves day traders or long term investors of crypto?

The real question is do you believe in Cryptocurrencies having use in the future, or do you see an opportunity to make money off of the hype while it's here?
Mostly long term. I've had some shyt I been staking for nearly two years and plenty of others I been holding for nearly as long or a long time. Only reason I'm more eager to get a dip is to acquire more than what I had but usually I just let shyt ride and try to enjoy the staking rewards. most my coins I barely even pay attention to far as price goes.

I do think it will have more use in the future but I'm also trying to make money off the hype now to have some money stacked up for the future. take profits but leave some in there for the next run.
 
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