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

yankee 06-06-2022 01:40 PM

Re: Crypto Blowing Up
 
Most of your guys holding BTC are waiting for the next halving in a couple years?

SaiJin 06-06-2022 04:08 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by yankee (Post 1194104)
Most of your guys holding BTC are waiting for the next halving in a couple years?

I'm not a trader so I'm waiting for it to get to ATH or past that.

My rule is if I don't have the skills, just the asset, it's better not to do anything and **** it up. Eventually things will go back up...

Luminary 06-06-2022 09:43 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by yankee (Post 1194104)
Most of your guys holding BTC are waiting for the next halving in a couple years?

Holding until we reach a new ath.

SaiJin 06-06-2022 10:01 PM

Re: Crypto Blowing Up
 
next Halving is in less than 2 years. February 2024 eta

Mirdude 06-09-2022 12:14 PM

Re: Crypto Blowing Up
 
ALT season coming soon I hope!

SaiJin 06-09-2022 09:35 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Mirdude (Post 1194296)
ALT season coming soon I hope!

It'll come when it comes.

sqrl57 06-10-2022 01:18 PM

Re: Crypto Blowing Up
 
All the crypto coins are dropping and don't look it's going to stop for a while just continuous lower lows. Feel like just selling my eth position at a loss because it's not looking good right now :rip:

yankee 06-10-2022 01:21 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194395)
All the crypto coins are dropping and don't look it's going to stop for a while. Feel like just selling my eth position at a loss because it's not looking good right now :rip:

If you have better use of the money, absolutely! If is is just money sitting around, maybe swap it to silver or wait the 2-4 years for it to go up with all the pump and dump scams. Maybe Elon with rip off the world again and bring it up sky high and dump it again.

Luminary 06-10-2022 02:01 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194395)
All the crypto coins are dropping and don't look it's going to stop for a while just continuous lower lows. Feel like just selling my eth position at a loss because it's not looking good right now :rip:

I'm actually doing the opposite and DCA'ing in.

rsot 06-11-2022 07:33 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194395)
All the crypto coins are dropping and don't look it's going to stop for a while just continuous lower lows. Feel like just selling my eth position at a loss because it's not looking good right now :rip:

If you sell at a loss, it will be a gain for someone else in the longterm...

Mirdude 06-11-2022 12:27 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1194333)
It'll come when it comes.

For sure bro, I'm keeping my eyes on a few and NFTs as well.

sqrl57 06-11-2022 11:04 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Luminary (Post 1194398)
I'm actually doing the opposite and DCA'ing in.

Yeah I just don't want to risk being down the hole even more, it could pay off but's really risky at the same time because you can never predict the bear market

rsot 06-12-2022 07:01 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194511)
Yeah I just don't want to risk being down the hole even more, it could pay off but's really risky at the same time because you can never predict the bear market

Then don't put more into it - look for other vehicles of investing

agent006140 06-12-2022 07:41 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194395)
All the crypto coins are dropping and don't look it's going to stop for a while just continuous lower lows. Feel like just selling my eth position at a loss because it's not looking good right now :rip:

Bitcoin at 26xxx,it wil fall to $22.000,then $18,000
Do you need the money to pay for food ,rent and fuel?
Stock market will tank some more tomorrow.

rsot 06-13-2022 05:12 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by agent006140 (Post 1194551)
Bitcoin at 26xxx,it wil fall to $22.000,then $18,000
Do you need the money to pay for food ,rent and fuel?
Stock market will tank some more tomorrow.

Best not to go into it agent

yankee 06-13-2022 08:46 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by rsot (Post 1194571)
Best not to go into it agent

She is right.

See the prices this morning? I think it has a lot further to go down. If you want a store of value, Gold wins hands down it seems.

Five recessions in a row, Gold wins.

SaiJin 06-13-2022 11:04 AM

Re: Crypto Blowing Up
 
Ya'll think it'll drop below 20K ?

yankee 06-13-2022 11:24 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1194598)
Ya'll think it'll drop below 20K ?

If the market continues, yes. MUCH LOWER than that. It is just following the stock market and I think we could go 30-50% lower before the end of the year.

yankee 06-13-2022 11:34 AM

Re: Crypto Blowing Up
 
When tether pops, that will be an exciting time.

sqrl57 06-13-2022 01:21 PM

Re: Crypto Blowing Up
 
At this point I'm just bag holding;(, but what are some of the main reasons of the tank in the crypto market. After btc/eth hit a ath it never retested or came close to the price again, just a continuous fall?

yankee 06-13-2022 01:28 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Gill789 (Post 1194609)
At this point I'm just bag holding;(, but what are some of the main reasons of the tank in the crypto market. After btc/eth hit a ath it never retested or came close to the price again, just a continuous fall?

It has little utility use yet and holds no value so it pretty much follows the stock market. In addition to that, you have several stable coins that separated from the dollar with some basically going to zero. Plus we have tether that is a bomb ready to go off and certainly will crash the markets confidence and drag BTC/ETC down as well. Add Celsius's disaster today and faith and confidence in cryto gets a huge shake.

Mirdude 06-14-2022 04:53 PM

Re: Crypto Blowing Up
 
Feeling to buy gold at this point LOL.


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