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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #353  
Old 02-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by james_112233 View Post
Rough ball park figures of how much money people have put in to crypto on this forum ?

I just want to get my initial investment out and then play with the profits ...
That is impossible to know. I know a lot of people who bough whole coins in April 2020 for a few grand.
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  #354  
Old 02-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by quest View Post
All crypto influencers by low

Then they tell to others to buy and hold (because this is "future currency", digital "gold", bla bla bla) - this way price will be increased

Influencers will sell their coins at peak price - price will go down

And you will hold worthless coins :D
In which case you just wait for influencers to buy again which they most definitely will.

Still got big players like Amazon, Apple to dip their fingers in it.
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  #355  
Old 02-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by james_112233 View Post
Rough ball park figures of how much money people have put in to crypto on this forum ?

I just want to get my initial investment out and then play with the profits ...
From what you say youre already in the green so you can do just what you said.
or are you waiting for a bigger payoff?
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  #356  
Old 02-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by slokor View Post
From what you say youre already in the green so you can do just what you said.
or are you waiting for a bigger payoff?
Just want a bit of profit.

But I know I am weak, so will probably re-buy any way at a later stage for a bigger payoff. So convincing myself to just leave it in coinbase for 2-3 years.

I will punish myself if everyone gets a nice little pay off and keeps talking about it in 2-3 years time. Atleast this way I can be part of that conversation lol

If I lose, we all lose anyway. Loads of people have invested.
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  #357  
Old 02-23-2021
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Default Re: Crypto Blowing Up

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Originally Posted by james_112233 View Post
Just want a bit of profit.



If I lose, we all lose anyway. Loads of people have invested.
My Padawan, have patience.

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  #358  
Old 02-24-2021
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Default Re: Crypto Blowing Up

Why does Musk keep banging on about Doge coins ?
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  #359  
Old 02-24-2021
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Default Re: Crypto Blowing Up

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Originally Posted by james_112233 View Post
Why does Musk keep banging on about Doge coins ?
Seems like he is a pump and dumper.
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  #360  
Old 02-25-2021
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Default Re: Crypto Blowing Up

coinbase IPO - here we go
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  #361  
Old 02-25-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by Beautiful View Post
coinbase IPO - here we go
Not surprised, the amount they are making off fees is ridiclous!

How does one become a crypto broker / exchange ?
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  #362  
Old 02-25-2021
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Default Re: Crypto Blowing Up

Just Hodl for 5 years... it'll go up again.

Right now is corrections time.
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  #363  
Old 02-26-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by james_112233 View Post
How does one become a crypto broker / exchange ?
Venture fund raising is part of the step...takes a ton of work
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  #364  
Old 02-26-2021
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Default Re: Crypto Blowing Up

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Originally Posted by SaiJin View Post
Just Hodl for 5 years... it'll go up again.

Right now is corrections time.
That's a LONG LONG Time to be waiting for a miracle.
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  #365  
Old 02-26-2021
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Default Re: Crypto Blowing Up

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Originally Posted by james_112233 View Post
What about Ethereum and all of these other ALT coins ? Are they worth the punt.

My gut tells me Bitcoin and Ethereum will spike in price as soon as those Visa debit cards allowing you to spend your crypto are rolled out which is when I plan to sell and make a few quid.
So many exchange services have visa cards. and you can spend coins with this cards.
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  #366  
Old 02-26-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by SaiJin View Post
Just Hodl for 5 years... it'll go up again.

Right now is corrections time.
5 years so risky for cyropto. NEO 180$ in 2017 . now 40$
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  #367  
Old 02-26-2021
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Default Re: Crypto Blowing Up

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Originally Posted by yaren View Post
5 years so risky for cyropto. NEO 180$ in 2017 . now 40$
I'm out as soon as I can make 2-300 pound profit. I was always reluctant to buy crypto but everyone talking about it made me buy in.
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  #368  
Old 02-26-2021
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Default Re: Crypto Blowing Up

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Originally Posted by james_112233 View Post
I'm out as soon as I can make 2-300 pound profit. I was always reluctant to buy crypto but everyone talking about it made me buy in.
if everyone talking about this , you should run (for sell)
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  #369  
Old 02-27-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by yaren View Post
if everyone talking about this , you should run (for sell)
Mainstream media tends to kill things (everyone talking about this)
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  #370  
Old 02-27-2021
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Default Re: Crypto Blowing Up

It's funny how since I invested not once has my portfolio balance gone above what I put in ...

I will be ' HODLing ' until in in profit but i'm also ready for a big crash as i've seen from previous charts / graphs that it can happen.

I just thought this year would be the year it will explode due to the big boys getting involved.
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  #371  
Old 02-27-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by james_112233 View Post
It's funny how since I invested not once has my portfolio balance gone above what I put in ...

I will be ' HODLing ' until in in profit but i'm also ready for a big crash as i've seen from previous charts / graphs that it can happen.

I just thought this year would be the year it will explode due to the big boys getting involved.
The rumor is Tether is liquidating BTC to increase their reserves, required by NY (google tether new york lawsuit)

If you check coingecko, sort by cheapest BTC price, you'll see Binance and Bitfinex leading the decline in their BTC/USDT pairing. This has been happening around the same time the NY AG came out with the details

It could be a decline that lasts a while, but I'm guessing it won't be with it being a buyers market at the moment.

My guess you'll be in the green within the next 1-3 weeks
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  #372  
Old 02-27-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by james_112233 View Post
It's funny how since I invested not once has my portfolio balance gone above what I put in ...

I will be ' HODLing ' until in in profit but i'm also ready for a big crash as i've seen from previous charts / graphs that it can happen.

I just thought this year would be the year it will explode due to the big boys getting involved.
The year is far far from over.
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  #373  
Old 02-27-2021
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Default Re: Crypto Blowing Up

ALT COIN SEASON - still waiting that Btc dominance is really frustrating me.

expecting a correction to 41k then ill enter a long position
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  #374  
Old 02-28-2021
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Default

do crypto currencies trade 7 days a week,24 hours a day?
I see they are now all down with bitcoin down $3611.
Master Charge has decided not to add Bitcoin to its network ,as it is too volatile

city of Miami said it will start paying its workers in Bitcoin!

there is so much money sloshing around,next come the stimulus checks,then the infrastructure $$,and you tell me there aint no inflation out there.
Biden is a moron

why is Bitcoin tanking this morning?
down $8930

Quote:
Originally Posted by jmag91 View Post
Lol exactly. Events like this are normal for BTC. Just another day ending with a 'y'.....
really,$8900 is ordinary,?I HAVE seen $4000,but not $8000.
James Cramer of CNBC sold 3 coins to pay off his mortgage last week/

Quote:
Originally Posted by slokor View Post
Ive seen it at those figures before.
But youre thinking about it in the wrong terms. You should be looking at percentages - not dollar amounts. In those terms this drop is nothing to be concerned with.
thats true,8000 drop of 59,000 is not that bad after all.
I am interested to see how COIN behaves once market open tomorrow

also it does not help 2 died in a TSLA car crash in HOUSTON ,it takes hours and 32000 gallons of water to put out the fire!

did you hear why the stock market crash today,biden is raising capital gain tax for the rich.
Also rumor of taxing crypto at a higher rate

Quote:
Originally Posted by yankee View Post
What good is having more of something if the value goes down? Maybe I missing what you mean by you dont care what the price is. Gain 25% of something that fluctuates 50% doesn't make much sense unless you are selling at the highs and re-buying at the lows.

I guess some of us here are missing what you really mean unless you are just thinking a long term hope it goes up forever and sell at retirement etc... and if it happens to go down no big deal because you didn't need the money anyways kinda deal(savings, not investment)

It appears the people who made a lot of money on BTC are mostly lucky and sold because if you didn't sell..... you didn't make anything.
well said,you only have a profit until you sell,paper profit can disappear like fart.
buying more when price is dropping is cost averaging .
you have to decide,if it makes you losing sleep,then you are taking on too much risk.
No one dies from taking profit

there are young folks who are paying cash for $million dollars homes,guess where the money comes from?
SOme have retired early to pursue their lifelong hobbies .
Rolls Royce has seen more young buyers,buyers in their 30 and 40s .

Quote:
Originally Posted by james_112233 View Post
Dip in the price due to Turkey banning crypto use.
Turkey government is trying to defend its lira.

No,they want a higher tax rate for CRYPTO,it is just talk

Quote:
Originally Posted by SaiJin View Post
THe question is how low will it get this year.

I read somewhere that we could hit low 20k this year, but it shouldn't break lower than the all time high from 4 years ago.

If that's the case then 20s would be a perfect spot to buy more.
Your wish would soon be granted,it is now below $30k.
BTW,did you hear Marshall Islands will be issuing digital coins?

Quote:
Originally Posted by slokor View Post
Hey dumba$$ go look at my posts all the way to 2017 - youll see me posting about my BTC holdings all the way back then and the way I feel about it as well as my plans - which have not changed.
And for someone who contributes so little to this forum and has so many who do NOT appreciate what you have to say id consider posting less.
I have better things to do than to look back on your stupid posts going back 2017,it is now under $30k,if I were you ,I would liquidate and see what 's next.
but then being an idiot,you would hold on to it until it goes to $20k and pat yourself on the shoulder as a true investor.

Quote:
Originally Posted by slokor View Post
Well considering the words he used when referring to me were rather unpleasant I dont think my post used any outrageous words.
But Saijin is right. No point in bothering with someone like that. Everyone here knows what agent is all about and the level of knowledge they possess (which is rather low). Nno point in letting a troll get to me - a waste of time on someone who just doesnt get it and never will.
Ill just ignore those posts from now on.
what do you know about me?
every time you guys talk about me,I have a good laugh,nothing is true,all mindless speculations.
I am still waiting for someone to come along , someone who is observant,perceptive,intuitive to have something to say,none of you do.
BTW,you think I am a she because I told you so,are you all so naive?
Oh,I should know better, the same naviety that bitcoin is going to $100,000 .

I would tell you this-if Bitcoin reaches $100,000,I will give all of you $10k each.
timeframe,.Dec 31,2021.

Trading or investing in Bitcoin is no different than trading/investing in commodities,stocks ,bonds,you want to hear the good and the bad,I know a man who was very successful,he has heard all the good news,now he wants to hear the bad news.
He wants you to convince him not to invest or take a position .
There are a lot of ass kissers out there,they will always tell you what you want to hear.

Quote:
Originally Posted by ebaywanton View Post
We should bounce off that 28k support, and if not, then 25k because there are sooooo many buy orders at that range.

Just my opinion lol
do you have any proof of these sooo many orders ?

and what is the size of these orders?

Last edited by TGMT²; 02-23-2022 at 07:02 PM.
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