Crypto Blowing Up

[yobar]

Trump will be president of the United States again. yesterday he dealt a devastating blow to Biden

[slokor]

NO matter who gets elected in November there will be no victors. Only losers.
The biggest loser will be The United States unfortunately. The fact that these 2 geriatrics (one on the verge of dementia and the other a megalomaniac, narcissist and pathological liar) are the 'best' from each side of the political spectrum is just sad. Think about how the rest of the world - and especially America's enemies - are viewing this farce.
As far as Crypto goes though as I said Trump will likely be better for the sector so at least some comfort for those of us invested.

[james_112233]

Originally Posted by Freakzilla

I'm not giving you a hard time mate, lol, but what's that based on?

The peak has usually come 12 to 18 months after the halving so if you look at the months since then this is usually a boring phase. It's funny because I'm still in profit as I bought the bear and DCAd down but I'm waiting for the silly gains.

[rsot]

Originally Posted by slokor

NO matter who gets elected in November there will be no victors. Only losers.
The biggest loser will be The United States unfortunately. The fact that these 2 geriatrics (one on the verge of dementia and the other a megalomaniac, narcissist and pathological liar) are the 'best' from each side of the political spectrum is just sad. Think about how the rest of the world - and especially America's enemies - are viewing this farce.
As far as Crypto goes though as I said Trump will likely be better for the sector so at least some comfort for those of us invested.

It will be quite comical if Trump gets re-elected hah especially after all the recent antics

[yobar]

Biden is no longer the politician he was when he came to power, although he was not as well off. At least when he was vice president in 2016, he was a great speaker, a great politician, he managed the debate, now he was simply a puppet, I think that after Obrama wife released her book and was shown again in public to perhaps use it As an alternative, for the meeting where they are going to choose who will be their candidate

[SaiJin]

Originally Posted by slokor

I crosstrade between BTC and the altcoins in the top 10 to increase my holdings. Never any memcoins or such. And always read on the ones you trade in to ensure they will remain in the top 10 for the foreseeable future.
I NEVER convert to any stablecoins. Did that once years ago and it was a bad experience because the temptation is always there to wait a bit longer and in many cases you lose out.
I found that with cross trading the chances of losing money are practically non existent - as long as youre patient. Sometimes VERY patient. I once had to wait over 14 months for the profit but it ended in a massive uptick in my holdings. Look at the historical data for the BTC pairs with the top 10 and youll see how they cycle up and down over the last few years and youll see the potential for profit I refer to.

I'm not a trader and I rather just hold until it hits the top or close to it.

Problem with the alt coins even if they are top 5, BTC goes down a little, the rest will go down massively. Like SOL for example

[slokor]

Its All about the expected Mt Gox selloff.
Google for that if you need more info.

[rsot]

all the info is duly noted agent but why not put some hand in the game and get some crypto action going...

[SaiJin]

Originally Posted by slokor

Its All about the expected Mt Gox selloff.
Google for that if you need more info.

Hey, if I recall, 2019 and the cycle before that is similar to the current cycle in summer right?

[slokor]

Originally Posted by thebesti

Does anyone have an idea when this cycle of low prices ends?

If anyone did they would be VERY rich and VERY foolish if they were to share the answer.

[slokor]

Originally Posted by agent006140

Does the recent drop has to do with the creditors selling their Bitcoins ??

It has to do with Mt Gox.

[SaiJin]

Originally Posted by slokor

It has to do with Mt Gox.

What's Mt gox and what are they doing?

[ilcarletto]

Originally Posted by SaiJin

What's Mt gox and what are they doing?

https://www.cnbc.com/2024/06/29/bitc...ice-spike.html

[SaiJin]

and here we go again.... it's near august, it should start ramping up soon

[rsot]

solid 15%'ish increase past month

[rsot]

Originally Posted by agent006140

Huge stock market selloff today,gold is up but Bitcoin down?
I wonder if there will be a war between IRAN and Israel?

Do you have either bitcoin or gold? Take the plunge and get in the game

[rsot]

Originally Posted by agent006140

The stock markets keep selling,I wonder if there is more than just economic data.
I read that the Haz leader was killed in a private villa in Tehran,the bomb was planted weeks ago and set off via some remote device.

Summertime hijinx

[rsot]

Originally Posted by agent006140

Bitcoin tanking this morning,recession fear!
Ask any consumer,he knows we are approaching a recession ,some think we are already in it.

Got to diversify holdings - when things go down, the hedge will go up and vice-versa

[ilcarletto]

Originally Posted by agent006140

----
I dont recall Trump being a crypto fan,why is he so gunho on crypto now ?

because he, as all the politician worldwide, needed votes... all the votes he could get

[rsot]

He is good at entertaining the masses - a people person ...

[InvisAlign]

BTC is on a tear, o-m-g

[james_112233]

We will end the year at 150k, then it's going to drop down to 90k second week of January everyone will get scared and think the bullrun is over, it's done.... and then the market will shock everyone by pumping to 300k by the end of April. Followed by face melting gains in altcoins for the remainder of the year.