Made my first BTC purchase after a big while. My ~20% portfolio = BTC. And this ain't a trade or something, it's the long-term hodl.
For the remaining 80%, I'm gonna wait & be extra cautious throughout the year. Going to keep watching Fed's actions & speeches closely. I won't mind getting more BTC exposure at a bit higher price in case I miss the bottom, but I really wanna see Fed's behavior getting a bit softer than right now for further BTC exposure. As of now, dollar is just too strong to ignore.
~35% portfolio = BTC I'm not sure how I took the extremely bold step, but now I'm 80% in BTC. 40% long-term stash and 40% short-term (for a bounce to $30k or something). After a few years of hodling you will realize you are 99.99% in Btc because the value just keeps climbing |
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When the tulip bubble popped it went to $0 pretty quick. Experts had been warning this crypto stuff was all hype / BS. I don't see $0 but I see $1000 or so in a few more months. Start investing again when that happens.
Ok go read about crypto, the maths behind it and economics. Then watch the YouTube video about how the US monetary system works. https://m.youtube.com/watch?v=iFDe5kUUyT0Get back to us after that and tell us which one has more value... |
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Someone needs a salmonslap to stop selling, the weak hands are pathetic. I hope from now on these weak hands will only be able to own dust. Hopefully FED news isn't too bad and we bounce to 30 0k  |
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But most people go to altcoins because they want to get rich quick which only pans out for a very select few...
Those who are here to get rich quick are the one that lose all their money. We'll see... but from a risk reward perspective it's risk free at the expense of time.
Explain me please how its a "risk free" investment? You are risking 100% of your money that you plan to invest. Just like with every other investment. The fact that its -87% from ATH does not mean it can't go another -90% and than another -90%. Have you heard of a trading strategy, that is based on getting into a coin at a lower market cap. $EPIC market cap is a little shy of $12m.
There are at least 2 000 coins with lower market cap than $Epic has. For example this random pick from coinmarketcap - coin has 47k$ marketcap. (-99.6% from epic marketcap) https://coinmarketcap.com/currencies/aditus/You are correct that risk free doesn't exist. However the chances of BTC or Ethereum with marketcaps in the high billions and a track record of being deflationary in the last decade, I see the risk as being extremely low if you have the time to wait the cycle. Altcoins with low marketcaps and low utility are more akin to gambling than trading. Yes you can make 1000x if you are lucky but (unless I'm mistaken) there's no good way to know which ones will succeed. Also never risk 100%. |
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It's easy running a shitty crypto company when the value is always going up. These liquidations are a good warning to investors and shitcoin creators. First we had the shitty exchanges phase, it has forced exchanges to take security very very serious... This will mature the world of crypto even more... You're right, but the pain in the meantime sucks. No pain, no gain  |
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Casualties of this bear so far: 1. Terra/Luna 2. Celsius 3. 3AC 4. ? no Lehman size yet and might not be. I also don't care for the actual entities, but this DID affect bitcoin, you are right about that. USDD is unpegging |
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It's easy running a shitty crypto company when the value is always going up. These liquidations are a good warning to investors and shitcoin creators. First we had the shitty exchanges phase, it has forced exchanges to take security very very serious... This will mature the world of crypto even more... |
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A few days the bitcoin price continued to correct, even I was worried that if the bitcoin price dropped below $20k it would continue to fall below $10k, there are no major factors that affect the market, but many say that inflation in the USA and Europe is the cause of people selling assets including cryptocurrencies, and many experts believe there will still be a correction in the near future.
I think it's the miners trying to stay afloat by selling their coins to pay rent and power. The most are mining at a loss as far as I know. And yes companies holding crypto will sell it to lower their high-risk assets. I believe we will see major buying if we go below $19k. Once in a lifetime opportunity for anyone late in the game. |
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Here are the Bitcoin Holdings from Public Companies Micro Strategy and Tesla’s average cost are between $30000-$32000  Reminds me of the days when "the Vladimir club" existed, people that owned more than 21000 BTC. |
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Currently i have about <nobody's fucking business>btc which i have accumulated since the last 8 months, the most expensive price i bought was october when the price was around $55k, and the cheapest price was april when the price was around $32k, and if calculated then i lost more than $15k, but I'll hold on because I have long-term goals.
BroTip: we don't need to know your totals. Scammers might target you. Please edit your post for your safety  That said any Bitcoin you own will most certainly make you profits in 4 years. But you will soon learn that the most shitty moments like now are the best moments to buy... Your total could make you rich in 12 years so keep hodling... |
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If we would follow the logic of Warren Buffett this is the perfect time to buy as his quote goes: "Be fearful when others are greedy, and be greedy only when others are fearful" Well, he also said, “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending.” “If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth.” On Bitcoin specifically: "It’s not a currency. I mean it does not meet the test of a currency. I wouldn’t be surprised if it’s not around in 10 or 20 years." Also on Bitcoin specifically: "Stay away from it. Well, it’s a mirage, basically. . . . The idea that it has some huge intrinsic value is just a joke in my view."
and the pièce de résistance when specifically asked about Bitcoin: "Well, it’s probably rat poison squared." It would seem as though the Oracle of Omaha doesn't want you anywhere near Bitcoin regardless of what he said about greed and fear. Pick and choose his advice at your peril. The problem that Buffett has with Bitcoin is that he cannot evaluate it's value like he does for all companies. Also Bitcoin isn't a company so all his knowledge doesn't apply. It would have been more fair if he had said that he doesn't invest in products he doesn't understand. And yes it could have turned out "rat poison squared" if LUNA would have been the first crypto to hit the market |
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I'm pretty sick and tired of listening to so called experts about anything these days.
<we're_the_experts_now.gif> Indeed anyone who has held any amount of Bitcoin for more than 4 years has had a better ROI percentage than probably 99% of all professional investors... |
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A $13k rise is quite possible this week |
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Look
If you had
One shot
Or one opportunity
To seize everything you ever wanted
In one moment
Would you capture it
Or just let it slip?
Eminem
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$23k incoming |
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I would say, bottom is in.- Price touching 200 WMA. - RSI Below 40. - Hash Ribbon gave Capitulation signal - Bitcoin Rainbow Chart says "Basically on Fire Scale!" Why just 66% down and not 70-80% like previous cycles?Because of COVID 2020 crash, BTC was not able to reach it's potential ATH.  I agree with this. Should have been $100k if COVID wouldn't have been. Now let's hope we go 200k-400k range |
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So Opportunity, Such win.
BTC is illegal, good luck fencing those illicit coinz
A country not accepting and embracing Bitcoin is going to be a third world country within 2 decades... |
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Analysts have been known to be shit at crypto predictions. Anyone waiting for 8k Bitcoin should talk to the people still waiting for double digit Bitcoin ... |
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At least its stopped going down for the moment.
I hope the bottom is in... time for 400k  |
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There is literally no USD stablecoin trading at the 1 dollar.
False statement if there is a counterexample. Tether is doing fine. From where I sit right now, it’s trading a whopping 15–16 bps under USDC; that’s a big difference for USDT (whether +/-), but hey, it’s had a tough month. Other markets may differ. (There is no such thing as maintaining a peg at exactly 1.000000 at all times. No one ever promised that, and it is impossible with a free market due to how markets work.) I wish for decentralized, permissionless price-stable money the same way that people used to wish futilely for decentralized, permissionless money of any kind. At this particular moment, I would just rather use USDT than be tied directly to the banking system for dollar transactions.Ok when I checked and when I wrote the statement none were. I was looking at CoinMarketCap and they were in the range 0.92-0.97... Looking at the charts now and I'm starting to doubt my sanity... Anyhow I'm happy they are back to $1 |
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