Crypto Blowing Up

yankee · #**1431** 06-06-2022

Most of your guys holding BTC are waiting for the next halving in a couple years?

**SaiJin** · #**1432** 06-06-2022

Quote:

Originally Posted by yankee

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 · #**1433** 06-06-2022

Quote:

Originally Posted by yankee

Most of your guys holding BTC are waiting for the next halving in a couple years?

Holding until we reach a new ath.

**SaiJin** · #**1434** 06-06-2022

next Halving is in less than 2 years. February 2024 eta

Mirdude · #**1435** 06-09-2022

ALT season coming soon I hope!

**SaiJin** · #**1436** 06-09-2022

Quote:

Originally Posted by Mirdude

ALT season coming soon I hope!

It'll come when it comes.

sqrl57 · #**1437** 06-10-2022

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

yankee · #**1438** 06-10-2022

Quote:

Originally Posted by Gill789

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

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 · #**1439** 06-10-2022

Quote:

Originally Posted by Gill789

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

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

rsot · #**1440** 06-11-2022

Quote:

Originally Posted by Gill789

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

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

Mirdude · #**1441** 06-11-2022

Quote:

Originally Posted by SaiJin

It'll come when it comes.

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

sqrl57 · #**1442** 06-11-2022

Quote:

Originally Posted by Luminary

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 · #**1443** 06-12-2022

Quote:

Originally Posted by Gill789

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 · #**1444** 06-12-2022

Quote:

Originally Posted by Gill789

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

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 · #**1445** 06-13-2022

Quote:

Originally Posted by agent006140

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 · #**1446** 06-13-2022

Quote:

Originally Posted by rsot

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** · #**1447** 06-13-2022

Ya'll think it'll drop below 20K ?

yankee · #**1448** 06-13-2022

Quote:

Originally Posted by SaiJin

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 · #**1449** 06-13-2022

When tether pops, that will be an exciting time.

sqrl57 · #**1450** 06-13-2022

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 · #**1451** 06-13-2022

Quote:

Originally Posted by Gill789

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 · #**1452** 06-14-2022

Feeling to buy gold at this point LOL.