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Author Topic: Are we ready for the ^POMP^ yet?  (Read 408 times)
buwaytress
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November 10, 2020, 08:54:59 AM
 #61

So, Stedsm, scrolled a little bit but didn't see if you said so but did you go in at 10x leverage on 13k? And did you make your easy 20% profits? Probably could hit it again today I guess;)

Not a fan of trading or leverage but I figure if I ever did come into a lot of money (say, by winning the lottery), I'd probably put most of it directly into BTC, and then use the rest to do limit buys and leave it for months to trigger, if not, I don't lose out TOO much.

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acquafredda
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November 10, 2020, 09:12:51 AM
 #62

When we will reach and destroy the last ATH expect a bull run like you have never witnessed before. Now bull and bears are poking themselves, testing the ground while volumes are slowly catching up. Remember when the liquidity shortage will hit the masses there will be no bitcoin on sale for everybody. It is about time and it is not a matter of if but when this will happen.
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November 10, 2020, 10:11:32 AM
 #63

Since PayPal announced its allowance of cryptocurrencies, BTC soared high towards $13k and I can see that the rally already began for BTC. Is it party time or shall we wait a bit longer? Rally has started, the question is - towards which side? If this news throws BTC down, then let's get ready for another leg down towards $8k and buy BTC cheap? Or shall I buy BTC right now? Is $13k cheap atm and can I go for a 10x leverage position at this price?

don't wait at $ 8000, you can regret it if you don't buy Bitcoin,
because now it's really bullish for Bitcoin, of course this is different from Pump in 2017,
2020-2021 is a healthy pump because mass adoption like paypal has entered Cryptocurrency, of course not only paypal,
many other big institutions have also entered the crypto currency world.
Yeah, I don't think we should wait for it to go down at $8k because it seems Bitcoin is slowly growing right now. So if you are planning to buy then you should do it now, I don't think it will become a bubble though.
In fact, if this continues we might see a new ATH before this year-end or might be in the 1st quarter of 2021. Perhaps, the allowing of Paypal to purchase crypto through their wallet gives folks of a convenient way to access and purchase Bitcoin, and that causes this surge. Just keep holding for now and take this hype as an opportunity.
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November 12, 2020, 06:53:16 PM
 #64

PayPal has a significant user base and the most important of all of this is that many people that did not bought bitcoin because they did not know how or they did not trust exchanges now have a way to do so and this is very important, so I have no doubts that this is going to push adoption which is exactly what we need because as we know bitcoin is being used as an investment most of the time and there is not a lot of people that use it for its actual purpose which is to be a currency.

I do still doubt that it would really be mainly used by those who are crypto users if they would touched out Paypal services, not all will surely see this appealing but there are still who do decide to make
utilization of it and this is better rather than having nothing at all.

Adoption is indeed on the move and this paypal news is really a big leap towards adoption yet this had created some more awareness of bitcoins existence and next people will neither
learn up all things about it.

Im aint a fan of using up centralized services or platforms which i dont able to possess its key because we know the main rule that if we dont have those keys then its not ours.
Use them up wisely though.
People like us are never going to touch it and I think they know that already what they are trying to capture is the public that may be interested in cryptocurrencies but that at the same time are worried that they could be scammed since they are doing something they have never done before and they trust in PayPal instead to carry that transactions, but how big can that market be? Quite honestly I think it is huge, as many people have heard of bitcoin before but they do not really know where to buy it.
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