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BitCoin falling like a Dotcom


joeken24

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On 5/19/2021 at 9:46 AM, tshile said:

listening to people **** pretty hard about how they couldn’t make all the moves they wanted.


Now they have another opportunity. Are they ‘making moves’ today?

 

With the volatility and often the inability to sell/buy when you might want it’s exceptionally risky to swim with the whales/sharks when you KNOW they are pumping and dumping.

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Definitely snagged some eth at 1800

 

Also my buddies that were doing so awesome are victims of the blood bath 

 

At the moment 

 

the problem with long term holding is you are

forced to ride these instead of making money on the way down. 

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3 minutes ago, tshile said:

Definitely snagged some eth at 1800

 

Also my buddies that were doing so awesome are victims of the blood bath 

 

At the moment 

 

the problem with long term holding is you are

forced to ride these instead of making money on the way down. 

If they're like me, greed took over, but I also don't remember seeing consecutive dips like this before, let alone back-to-back-to-back. It was like one bombshell after another between Elon, China, India and then the US Gov't all helping perpetuate the panic.

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1 hour ago, TryTheBeal! said:


remember yesterday when you were warned about being condescending?


I take that as a compliment, rather than a warning.

 

The uneducated masses are rarely thankful when you correct them. 

  • Haha 1
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if history repeats itself (three times since 2012) prices have dropped 80% from their peak before the next surge, we might see BTC at $12k and ETH under $1k.

 

But if you think BTC is going to $200k and ETH to over $10k, you’d end up Ok.

 

Edited by Corcaigh
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8 minutes ago, Corcaigh said:


if history repeats itself (three times since 2012) prices have dropped 80% from their peak before the next surge, we might see BTC at $12k and ETH under $1k.

 

But if you think BTC is going to $200k and ETH to over $10k, you’d end up Ok.

 

It's a good risk, but it's impossible to predict the timeline for that sort of thing, if ever. The markets were ruined by "investors" with dollar signs in their eyes looking to cash out within a month. IT's not like a sporting event where you know when the eventual outcome will be. 

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48 minutes ago, PartyPosse said:

If they're like me, greed took over

Nah they’re well established portfolios they were just hamstrung timing wise. Can’t put more in, didn’t have things moved where they’d prefer to make more moves. 
 

so they’re just watching portfolio balance numbers go down. Same as long term stock market. 
 

I mean one buddy just makes money arbitraging anyways when things are like this. You can make upwards of 2k a day doing that if you’re following it closely

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I should open an account that I can trade Ripple on. I think that's just gonna go up and down between 1.00-1.50 

 

I knew I should've bought more ETC. I'm still in at a good place but damn that would've been nice.

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