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Re: Crypto Blowing Up
 

I own a few shares of GBTC and ETHE.
You are too insecure to be a risk taker,if anyone who posts about crypto upset you on a forum like ASPKIN ,you are taking on too much risk!

Re: Crypto Blowing Up
 

https://www.bbc.co.uk/news/business-57632831

Binance banned in the UK from the 30th June I believe

Had to sell all of my Ethereum at a loss of about 3 grand to get the hell out of there. Not going to risk keeping a penny in a banned exchange.

Gutted to say the least.

Re: Crypto Blowing Up
 

Hate to tell you this but you really didnt need to do that

Re: Crypto Blowing Up
 

I take it you missed this part?

"Binance's existing crypto exchange is not UK-based so despite the FCA ruling, there will be no impact on UK residents who use the website to purchase and sell cryptocurrencies."


Also, how the hell did you lose that much?

Re: Crypto Blowing Up
 

LOL!!!
Maybe you need to go over a few years worth of posts to realize how absurd your comments are friend.
As the saying goes - 'you know nothing agent006140'

Re: Crypto Blowing Up
 

Whoever doesn't understand the inside story of what is "blockchain" , "cryptographic hash function" and how and what is it that is securing the crypto coins and last but not the least what is private key of crypto wallet and why you should have it in your hand instead of using exchanger's wallet. All those people who has no clue about any of the above terms will live in darkness and loose money by getting influenced by the poor crowd and regret infinitely in the end. It doesn't take more than 24 hours for common man to dig deep into web and get complete information about above mentioned terminology which is the foundation of future finance.

Re: Crypto Blowing Up
 

James, do you have a friend who is a trader that you can talk to?

From your previous posts it sounded that you are rather new to trading.
You came in when it's hot and you exited when it's cold.

I suggest you find a friend like that to keep you calm so you don't make FUD decisions.

Re: Crypto Blowing Up
 

Still holding my position in coinbase
I just had Eth in binance.

Re: Crypto Blowing Up
 

I'm all in.

Re: Crypto Blowing Up
 

I hope you didn't buy at the top.

Re: Crypto Blowing Up
 

Bitcoin yes, but ETH I bought at the bottom if that's what you can call it

If we can go back to 47,000 GBP or more I stand to make a profit. So I'm hoping that happens this year.

The only reason I got out of binance at a loss is because I was worried I will lose access to my account in a few days time. Fear got me.

Re: Crypto Blowing Up
 

To be honest I'm not a tech head that loves the technology behind it, just like the masses I'm here to make some money and get out. So I understand I'm gambling.

Re: Crypto Blowing Up
 

Take it from someone who's been in this since the last bull cycle (and had his investment go to practically nothing for years, until this bull cycle), the lows always get lower and you will be left speechless.

The safest strategy is to put in a few hundred per month (if you can afford it) regardless of the market state and average out your purchases. Never FOMO into anything.

Re: Crypto Blowing Up
 

Cost averaging on the dips :)

Re: Crypto Blowing Up
 

What were some of you saying ... my gut instinct was correct.

https://www.ft.com/content/2d427ed7-...tC87FRPip0Q4qU

Binance have locked people out from withdrawing their funds.

I'll eat my loss and stick to FCA approved exchanges. Coinbase might be expensive but atleast they have their licenses to operate.

Re: Crypto Blowing Up
 

The article seems only available to subscribers but, regardless, that's the inherent problem with some platforms - they control your crypto....they can lock ppl, delay transfers, or...worse, get hacked

Re: Crypto Blowing Up
 

That link requires you to subscribe to read but a quick google came up with this:
https://www.ft.com/content/2d427ed7-...4-46429b19df5d

Again you are declaring the sky to be falling over absolutely nothing, but this time you did even worse since even the title shows that what you have just said isn't actually the case: "Binance customers locked out of sterling withdrawals and deposits"

As the article goes on to mention, other currencies and and transfers to other wallets/exchanges are still allowed.

Re: Crypto Blowing Up
 

glad I spent hefty fees on transferring most of my funds over to both Coinbase wallets..:faint:

Re: Crypto Blowing Up
 

You were there when it hit the first high $20k ?

Re: Crypto Blowing Up
 

Whos still buying the dip ? can't wait to see what happens at the end of the year.

Re: Crypto Blowing Up
 

bitcoin has been trading sideways ,find a friend who knows to read charts

Re: Crypto Blowing Up
 

Yeah James - listen to the 'expert'.

Re: Crypto Blowing Up
 

This is still a dip. We are definitely going to 100k plus.

Re: Crypto Blowing Up
 

Just have to hold and wait - if ppl bought it while high, they could consider buying more when low and apply cost averaging

Re: Crypto Blowing Up
 

Definitely not the time to sell.
Then again I dont plan to sell before 2025 - been saying that for a few years now.

Re: Crypto Blowing Up
 

what's in 2025 specifically?

Re: Crypto Blowing Up
 

I guess he just likes the number "2025" :-D

Re: Crypto Blowing Up
 

Just the target year I always set for myself based on various price models for Bitcoin which have so far not disappointed.

Re: Crypto Blowing Up
 

Where is nate with his insight/analysis :) ?

Re: Crypto Blowing Up
 

He's probably busy working.

Re: Crypto Blowing Up
 

I'm thinking BTC will drop to around $22-24k eventually this year then bumps way above ATH

Re: Crypto Blowing Up
 

If it hasn't dropped to sub 30s so far I don't see it happening to be honest.
But who knows... maybe I wrong...

Re: Crypto Blowing Up
 

This was the zone where Kraken binance coinbase etc all crashed.

The Elon musk buy zone.

We ain't dropping much below this especially if we hit 100k. 30k is the new bear market. If we hit 200-300k it'll be 50k during a bear market.

As Nate said the people involved in the background are big players. And we will soon reach a time where people that own a full bitcoin will be rare due to the price of it.

Re: Crypto Blowing Up
 

Likely so - nice discussion regardless

Re: Crypto Blowing Up
 

Would be real nice if youre right. Itll be VERY difficult for me to not sell if hits $100k... that will mean an early retirement lol
When do you think (guess) itll hit $100k? I dont doubt it eventually will but hearing so many different opinions on the matter.

Re: Crypto Blowing Up
 

December, January or February I would say.

My plan is to take out my initial investment during the bull run supercycle and then leave the house winnings in there for 5 years.

I say that but knowing me I will put my own money back in at some point down the line.

The best part of all this is ... WE ARE STILL EARLY ! :D I just love knowing that bitcoin hasn't been adopted on a mass scale yet but it's heading in that direction. I'm envious of those that got in earlier and already rich, but glad i'm at a point in life where I am able to invest in this. Everyone should be working towards owning atleast 1 coin and just holding it for 5 years. Imagine when that coin is worth 200-300k or more ? damn.

Re: Crypto Blowing Up
 

Really sweet - but yes, when is a big question...I don't know if that can be accurately identified with all the recent action, policies, media talk, etc

Re: Crypto Blowing Up
 

TSLA is not accepting bitcoin as payment ,what does that tell you?

Re: Crypto Blowing Up
 

It tells me youre a bitter little man who regrets not buying in early like me :)
Most of what I have was received when Bitcoin was $150-$200.Got anything else to say about 'bad' of an investment it was?
Do us (and yourself) a huge favor and just stay away from this thread. You keep proving yourself as uninformed and juvenile.

Re: Crypto Blowing Up
 

I like your compliment-juvenile and uninformed !!!!!!