Crypto Blowing Up

Futuremogul888 · #**793** 08-22-2021

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 · #**794** 08-23-2021

So why not just sell some? Take the initial investment out.

Quote:

Originally Posted by slokor

Good question.
One answer would be better safe than greedy.

davidford · #**795** 08-23-2021

BTC is gonna skyrocket till December - January after that not sure what's gonna happen.

slokor · #**796** 08-23-2021

Quote:

Originally Posted by Freakzilla

So why not just sell some? Take the initial investment out.

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

Freakzilla · #**797** 08-23-2021

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

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

slokor · #**798** 08-23-2021

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

**SaiJin** · #**799** 08-23-2021

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 · #**800** 08-23-2021

Well having bought most of my holdings at under $200 it certainly is different

james_112233 · #**801** 08-24-2021

Quote:

Originally Posted by Freakzilla

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 · #**802** 08-24-2021

Quote:

Originally Posted by james_112233

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 · #**803** 08-27-2021

Whats everyones prediction for end of September ?

Back to the previous all time high ? or close ?

**SaiJin** · #**804** 08-27-2021

Quote:

Originally Posted by james_112233

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 · #**805** 08-27-2021

Quote:

Originally Posted by SaiJin

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 · #**806** 08-27-2021

I love it when emails with links to these threads start popping back up in my inbox.

**SaiJin** · #**807** 08-31-2021

Quote:

Originally Posted by james_112233

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** · #**808** 08-31-2021

Quote:

Originally Posted by nate

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 · #**809** 09-01-2021

Quote:

Originally Posted by SaiJin

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 · #**810** 09-03-2021

50K is a pretty cool round number

$50 bills are also my favorite bills

rsot · #**811** 09-07-2021

http://www.reuters.com/business/fina...er-2021-09-07/

yankee · #**812** 09-07-2021

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 · #**813** 09-07-2021

Thoughts on investing in XRP and ADA?

**SaiJin** · #**814** 09-09-2021

ADA is a good one.