Overflask
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Activity: 10
Merit: 0
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January 07, 2021, 01:36:59 PM |
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We almost hit $38k Ok... this is quite a feat. But realistically, it can't just go up forever. What do you guys watch out for when trying to predict trends? Any good insight sites?
I'm my case, as my crystall-ball is broken and I'm not going to buy a new one, I just hold. Buy and hold is the only thing I recommend. You can cash out some profits when some milestones are reached, of course, but trying to time the market is like playing roulette. I know that some won't agree and that there are some people who make profits trading but that's not for me. Edit: just crossed $38k. That's exactly the same advice I was given here when it went from 8000 to 10000 a few months back. I followed it and so far so good. I have to remember that this is not like the stock market which represent tradable tangible goods. Thanks for reminding me! |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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ElBinBit
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Activity: 264
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ßî₸¢¤¡₦
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January 07, 2021, 01:54:13 PM |
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philipma1957
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Activity: 4116
Merit: 7835
'The right to privacy matters'
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January 07, 2021, 02:06:41 PM Merited by JayJuanGee (1) |
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Ok... this is quite a feat. But realistically, it can't just go up forever. What do you guys watch out for when trying to predict trends? Any good insight sites?
Realistically the question is how far can it go. Ie how much wealth can transfer to it. Easily 1 trillion can shift to btc in the next 15 days. $711,835,120,885 is what it reads this morning on coinmarketcap. It could go to $1,711,835,120,885 by the time Biden is sworn in. (if he is sworn in). I live in the USA. I am happy I have coin in case I need to leave the USA. Lots of players are thinking fuck what happens if the USA shit is not over. I got money that could be frozen. I know I will get some BTC just in case. To think that 1 trillion could come in to btc by Jan 20-22 is not crazy. I am slowly selling small pieces of btc as he mining comes in. I am selling Eth as it comes in. I sold 25% of my Doge. I may sell 25% more today. But I will still have more then 65% of all my coin and slowly sell a bit more the rest of this rally. |
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Wekkel
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Activity: 3108
Merit: 1531
yes
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January 07, 2021, 02:10:32 PM |
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In historical terms, I would become a bit restless at $70k+ if this run endures without meaningful pause. This for the 'double spike' theory.
In the longer run (12-18 months), $288k would be my absolute limit.
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savetherainforest
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Not quite correct... people who sell BTC for shitcoins are retards. Biggest assholes are anti-bitcoin shills in a bull market...  almost extinct by now but still...  I tripled all my bitcoin holdings with sh!tcoins....  |
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philipma1957
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Activity: 4116
Merit: 7835
'The right to privacy matters'
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January 07, 2021, 02:14:32 PM |
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Not quite correct... people who sell BTC for shitcoins are retards. Biggest assholes are anti-bitcoin shills in a bull market... almost extinct by now but still... I tripled all my bitcoin holdings with sh!tcoins.... Well I mine Eth LTC Doge and BTC so shit coins are fine by me. |
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eXPHorizon
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Activity: 1176
Merit: 132
Precision Beats Power and Timing Beats Speed.
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January 07, 2021, 02:16:58 PM Merited by JayJuanGee (1) |
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 Unzip the Walls, Let 40k Breathe |
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BitcoinBunny
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Activity: 1456
Merit: 2493
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January 07, 2021, 02:17:12 PM |
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All I see is a row of ascending boobs.  |
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EatonABooger
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Activity: 151
Merit: 36
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January 07, 2021, 02:18:56 PM
Last edit: January 07, 2021, 02:40:33 PM by EatonABooger |
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how do I delicately tell my boss that I cannot do my work due to the bright "ALL TIME HIGH" message that keeps posting every few minutes on my monitor ??
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Cryptotourist
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January 07, 2021, 02:21:19 PM |
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Life is full of surprises.
Tell me about it, I never imagined losing all my paid girlfriends. |
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dre1982
Sr. Member
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Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
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January 07, 2021, 02:33:54 PM |
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Unzip the Walls, Let 40k Breathe Come on. Stop teasing us. We want to know where it will end. Also with bitcoin of course. |
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lightfoot
Legendary
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Activity: 3108
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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January 07, 2021, 02:37:50 PM |
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how do I delectably tell my boss that I cannot do my work due to the bright "ALL TIME HIGH" message that keeps posting every few minutes on my monitor ??
No kidding. As I mentioned earlier, this is really screwing up my work ethic. |
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lightfoot
Legendary
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Activity: 3108
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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January 07, 2021, 02:38:53 PM |
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Side thought: This little musical bitcoin site is amazingly relaxing. (aggr.trade).
I like it.
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_javi_
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January 07, 2021, 02:46:17 PM |
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Side thought: This little musical bitcoin site is amazingly relaxing. (aggr.trade).
I like it.
Indeed, i've been listening to the arpeggios for hours. |
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JimboToronto
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Activity: 4004
Merit: 4468
You're never too old to think young.
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January 07, 2021, 02:54:12 PM |
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Good morning Bitcoinland. Another day another ATH ($38655 Stamp) but no appreciable correction... currently $38543USD/$49010CAD (Bitcoinaverage). Getting close to a nice milestone... $50kCAD has a nice ring to it. Go Bitcoin go. Another ATH. An nobody cares anymore  I care. Every new ATH is like a breath of fresh air. ____ My brother finally got a little cash to buy some coin and bought $20k worth yesterday at $44k and change. Said he wanted a long-term investment and that he understands the cycle of bubbles and crashes. He's already earned a couple of grand. |
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Cryptotourist
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January 07, 2021, 02:56:32 PM |
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Well I mine
Eth
LTC
Doge
and BTC
so shit coins are fine by me.
Please tell me philipma, why did you merge and migrate your shitcoin threads into WO? And don't tell me to acquire more BTC, because I find this investment advice as totally not cool. That said, ETH is the queen of shitcoins and BTC's bitch, so JJ will agree with me - that if you must diversify - buy ETH, and ETH only - and that only for a limited time frame every 4 year cycle. Hodling anything else other than king BTC, is bound to loose value over time.
Side thought: This little musical bitcoin site is amazingly relaxing. (aggr.trade).
I like it.
Indeed, i've been listening to the arpeggios for hours. Me too, it sounds like a high pitch symphony when going up, and a baritone one when going down. I even dozed off for an hour. Excellent! |
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serveria.com
Legendary
 Online
Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
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January 07, 2021, 03:11:55 PM |
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Not quite correct... people who sell BTC for shitcoins are retards. Biggest assholes are anti-bitcoin shills in a bull market... almost extinct by now but still... I tripled all my bitcoin holdings with sh!tcoins.... Guys, pls read my post moar carefully! What I actually meant was selling your BTC stash and buying shitcoins for your fiat! Just like mindrust did. I have nothing against using shitcoins to add to my BTC stash. I did sell BCH and BSV myself for some extra coins. |
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serveria.com
Legendary
Online
Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
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January 07, 2021, 03:14:58 PM |
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Not quite correct... people who sell BTC for shitcoins are retards. Biggest assholes are anti-bitcoin shills in a bull market... almost extinct by now but still... I tripled all my bitcoin holdings with sh!tcoins.... Well I mine Eth LTC Doge and BTC so shit coins are fine by me. But you don't sell your BTC for shitcoins do you?  |
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serveria.com
Legendary
Online
Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
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January 07, 2021, 03:18:39 PM |
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Unzip the Walls, Let 40k Breathe Oh you shouldn't mess with NSFW pics as Cryptotourist is too horny. Hey Cryptotourist put your hands on the table so I can see them! |
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serveria.com
Legendary
Online
Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
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January 07, 2021, 03:20:05 PM |
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how do I delicately tell my boss that I cannot do my work due to the bright "ALL TIME HIGH" message that keeps posting every few minutes on my monitor ??
Easy: Fuck you! |
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