i'll have to try that cuz i just be looking at the new listings and anything that looks like it has a decent market cap i would throw a few bucks in but then they eventually die off.
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
i'll have to try that cuz i just be looking at the new listings and anything that looks like it has a decent market cap i would throw a few bucks in but then they eventually die off.
BornStar
Marathon Continues
Might be down hill from here folks.. or even worse a sideways market
already back @ 70k
I Really Mean It
Veteran
hope you’re invested in meme coins. they’re about to explode.
In The Zone '98
Superstar
Yeah, Bitcoin should be good this year, from the Lark Davis newsletter below:
34 days till halving - Next Bitcoin Halving 2024 Date & Countdown [BTC Clock]
Should be going up, probably priced in, could take a little dump after halving, then back at it I guess
According to Young Ju - if the institutional inflows continue - there simply won’t be enough bitcoin available to meet demand, when accounting the total amount of bitcoin held on exchanges, plus the amounts held by miners and what’s scheduled to be mined.
Now, you might be looking at all this and wondering why there’s only a 4% drop in bitcoin on all exchanges, given the massive ETF inflows and other big acquisitions.
The reason is because these purchases are happening on over-the-counter desks. Meaning, the sellers are likely large miners and other whales who don’t have bitcoin on exchanges.
But make no mistake about it, once these OTC desks are cleaned out, these purchasers will be forced to buy spot off the exchanges. And when that happens, that 1.84M in bitcoin will be driven south and the price will skyrocket up.
Prepare accordingly.
34 days till halving - Next Bitcoin Halving 2024 Date & Countdown [BTC Clock]
Should be going up, probably priced in, could take a little dump after halving, then back at it I guess
CryptoQuant Predicts “Liquidity Crisis” by September
All the data above has Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, predicting a bitcoin “sell-side liquidity crisis” within the next six months.According to Young Ju - if the institutional inflows continue - there simply won’t be enough bitcoin available to meet demand, when accounting the total amount of bitcoin held on exchanges, plus the amounts held by miners and what’s scheduled to be mined.
Now, you might be looking at all this and wondering why there’s only a 4% drop in bitcoin on all exchanges, given the massive ETF inflows and other big acquisitions.
The reason is because these purchases are happening on over-the-counter desks. Meaning, the sellers are likely large miners and other whales who don’t have bitcoin on exchanges.
But make no mistake about it, once these OTC desks are cleaned out, these purchasers will be forced to buy spot off the exchanges. And when that happens, that 1.84M in bitcoin will be driven south and the price will skyrocket up.
Prepare accordingly.
I Really Mean It
Veteran
MONG, GROK, Ladys, PEPE, GME, PORK, just to name a few. I would say that any meme coin that’s low cap and generating chatter on Twitter (sub 50m) is a good investment of some money. I look to see who the influencers are hyping, because most people are followers. PEPE is in the billions, but it’s become something of a blue chip variant of a meme coin, so it definitely could make a run for the same ATH market caps as SHIB and DOGE.Which ones???
BornStar
Marathon Continues
Up early
looks worse
How do we come up off this? Puts and calls?
It's all a part of the game.
Famously said during the peaks and valleys of every ponzi scheme. Then the game comes to a screeching halt
Or maybe this game is more like the drug game. Im taking risk with the hope I can cash out before it all comes crashing down
#Doge
In The Zone '98
Superstar
Famously said during the peaks and valleys of every ponzi scheme. Then the game comes to a screeching halt
Or maybe this game is more like the drug game. Im taking risk with the hope I can cash out before it all comes crashing down
It's the same price it was last week. Lol.
Trying to figure out a take profit plan. I've basically been buying and holding, sometimes converting the whole time. Saw something about taking 10% if something goes 4x. Going to try that with Solana,
Average Buy price for me about $50
It's about to hit $200 soon.
Will cash out 10% when it does.
Then watch it closely, then maybe take another 10% when it hits X.
I remember last time with Solana:
Hit $259 Nov. 6 2021
1 month later
Dec 6 2021 - $200
and on the way down it went.
Damn - Jan 1 2023, last year, it was under $9.72. Bad press about outages and such.
Now it's going beast mode.
Average Buy price for me about $50
It's about to hit $200 soon.
Will cash out 10% when it does.
Then watch it closely, then maybe take another 10% when it hits X.
I remember last time with Solana:
Hit $259 Nov. 6 2021
1 month later
Dec 6 2021 - $200
and on the way down it went.
Damn - Jan 1 2023, last year, it was under $9.72. Bad press about outages and such.
Now it's going beast mode.