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-   -   Crypto Blowing Up (https://www.aspkin.com/forums/cryptocurrency/126169-crypto-blowing-up.html)

Futuremogul888 08-22-2021 08:01 PM

Re: Crypto Blowing Up
 
Less gambling and more research. Being risk adverse is fine but risk mitigation through diversity is a much better strategy. Divide your portfolio into low risk, medium risk and high risk assets is the best strategy. As long as you are not lazy, this will get you the highest return during a bullrun while keeping you safe during a suddent downturn.

Freakzilla 08-23-2021 06:26 AM

Re: Crypto Blowing Up
 
So why not just sell some? Take the initial investment out.

Quote:

Originally Posted by slokor (Post 1167353)
Good question.
One answer would be better safe than greedy.


davidford 08-23-2021 08:03 AM

Re: Crypto Blowing Up
 
BTC is gonna skyrocket till December - January after that not sure what's gonna happen.

slokor 08-23-2021 10:00 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Freakzilla (Post 1167440)
So why not just sell some? Take the initial investment out.

I believe at the moment hes still not in the green.

Freakzilla 08-23-2021 05:08 PM

Re: Crypto Blowing Up
 
I meant why not sell the original investment at 60k and keep the rest.
Seems a scattergun approach to trading.

Quote:

Originally Posted by slokor (Post 1167464)
I believe at the moment hes still not in the green.


slokor 08-23-2021 06:02 PM

Re: Crypto Blowing Up
 
To each their own I suppose. Kinda hard to make an assessment of anyones actions without the full info though.

SaiJin 08-23-2021 08:43 PM

Re: Crypto Blowing Up
 
It can be mentally challenging when you come into BTC at over $40k and if that's most of your money, and BTC dipped below that, FUD kicks in,

slokor 08-23-2021 10:25 PM

Re: Crypto Blowing Up
 
Well having bought most of my holdings at under $200 it certainly is different :)

james_112233 08-24-2021 09:35 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Freakzilla (Post 1167352)
Dude, three weeks ago you said "I'm thinking 100k by November and 180-200k by January." so why sell for £60k?

To clarify I was going to wait for 73k GBP that's 100k USD

But thinking it will be safer to leave the game at 60k GBP which is around 85-90k USD I think.

Once it dips back to 30k GBP, come back in with more money.

davidford 08-24-2021 08:31 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by james_112233 (Post 1167625)
To clarify I was going to wait for 73k GBP that's 100k USD

But thinking it will be safer to leave the game at 60k GBP which is around 85-90k USD I think.

Once it dips back to 30k GBP, come back in with more money.

That's also a great idea to get out and then buy the dip.

james_112233 08-27-2021 07:46 AM

Re: Crypto Blowing Up
 
Whats everyones prediction for end of September ?

Back to the previous all time high ? or close ?

SaiJin 08-27-2021 12:39 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by james_112233 (Post 1167985)
Whats everyones prediction for end of September ?

Back to the previous all time high ? or close ?

If this is what you're doing, I really recommend you learn how to do daily trading.

I'm not a trader, I'm a Hodler .

because you might think "sell at 100k, rebuy at 30k"... but how do you know it'll ever drop to even close to that anymore? (which I highly doubt)

james_112233 08-27-2021 12:45 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1168015)
If this is what you're doing, I really recommend you learn how to do daily trading.

I'm not a trader, I'm a Hodler .

because you might think "sell at 100k, rebuy at 30k"... but how do you know it'll ever drop to even close to that anymore? (which I highly doubt)

I wouldn't mind hodling if it was with the houses money. I want my initial investment out. lol that's all it is ...

nate 08-27-2021 02:58 PM

Re: Crypto Blowing Up
 
I love it when emails with links to these threads start popping back up in my inbox.

SaiJin 08-31-2021 02:36 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by james_112233 (Post 1168016)
I wouldn't mind hodling if it was with the houses money. I want my initial investment out. lol that's all it is ...

It's in high 40k now. So I'm guessing you're good now?

SaiJin 08-31-2021 02:37 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by nate (Post 1168032)
I love it when emails with links to these threads start popping back up in my inbox.

You weren't getting notifications to the threads you subscribed to?

nate 09-01-2021 05:26 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1168429)
You weren't getting notifications to the threads you subscribed to?

Yes, I was getting them... What I was saying was I love it when emails to these crypto threads start popping back up in my inbox... Cuz I know $NGU (Number Go UP)...

I can't wait to see what I'm looking like in 5 years from now.

I'm guessing odds are greater I'll have multiple millions worth of assets than not. And TBH this forum right here is what pushed me into action... so I am grateful.

hard to believe its already been half a decade I've known some of you people, and ya' all turned me into a computer genius. lol

Beautiful 09-03-2021 12:03 PM

Re: Crypto Blowing Up
 
50K is a pretty cool round number

$50 bills are also my favorite bills

rsot 09-07-2021 04:26 AM

Re: Crypto Blowing Up
 

yankee 09-07-2021 08:40 AM

Re: Crypto Blowing Up
 
Have any of you been following what is happening with the Petrodollar? Or China/Russia being able to eliminate the SWIFT and therefore USA sanctions? This could be the largest driver of Crypto currency

sqrl57 09-07-2021 10:41 PM

Re: Crypto Blowing Up
 
Thoughts on investing in XRP and ADA?

SaiJin 09-09-2021 09:58 AM

Re: Crypto Blowing Up
 
ADA is a good one.


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