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Author Topic: Buy Bitcoin, and HODL!  (Read 88123 times)
JayJuanGee
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February 18, 2021, 05:32:45 AM
 #821

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.
These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.

If you guys are expecting bitcoin to go above $50k and then just get stuck above $50k as a kind of support.

Bitcoin no doesn't work like dat.


Either it goes up or down, it does not just get stuck (especially at the top of a range).. .so we will see what happens next.  I already said that I expect that the greatest possible scenario is for BTC to go from breaking above $50k to a range of about $58k to $62.5k.. and then perhaps correct or perhaps not.  But hey, even a greatest possible scenario may only have a small chance of occurring if weighed against various other possible scenarios.. but anyhow.. that is my sense.. and yeah, BTC prices could correct 25% or more from here or they could shoot past $62.5k to some number short of $100k and of course the shooting straight to $100k does also remain a possible scenario, but does not seem to have very high odds.. even though it probably has better odds than correcting below $20k... so there is that comparison of possible scenarios, too.

Another thing is that any price performance remains both a product of quantity of movement and also placing a time frame upon such movements if they were to happen.  Lots of UPpity price pressures that could carry us through the whole weekend,  unless such UPpity price pressures stop.  Gotta cover both directions.. with flat being amongst the least of likely scenarios.. like I already suggested in the second line of this response.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
3meek
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February 18, 2021, 05:37:05 AM
 #822

It's closer to 100K now than it is to 1K! Wink
Probably now bitcoin is bought by companies and not by regular housewives... Although I've always wondered - why everyone needs expensive bitcoin and not cheap? So it's easy to see the manipulation of this market...
JayJuanGee
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February 18, 2021, 05:42:15 AM
 #823

It's closer to 100K now than it is to 1K! Wink
Probably now bitcoin is bought by companies and not by regular housewives... Although I've always wondered - why everyone needs expensive bitcoin and not cheap? So it's easy to see the manipulation of this market...

It's pretty easy for the BTC price to double relatively quickly, but such fact that it can double quickly does not mean that it will, so I don't claim to know what is going to happen, or if the buying pressure is running out... time will tell, I suppose.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
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February 18, 2021, 11:01:26 AM
 #824

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.
These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.

If you guys are expecting bitcoin to go above $50k and then just get stuck above $50k as a kind of support.

Bitcoin no doesn't work like dat.


Either it goes up or down, it does not just get stuck (especially at the top of a range).. .so we will see what happens next.  I already said that I expect that the greatest possible scenario is for BTC to go from breaking above $50k to a range of about $58k to $62.5k.. and then perhaps correct or perhaps not.  But hey, even a greatest possible scenario may only have a small chance of occurring if weighed against various other possible scenarios.. but anyhow.. that is my sense.. and yeah, BTC prices could correct 25% or more from here or they could shoot past $62.5k to some number short of $100k and of course the shooting straight to $100k does also remain a possible scenario, but does not seem to have very high odds.. even though it probably has better odds than correcting below $20k... so there is that comparison of possible scenarios, too.

Another thing is that any price performance remains both a product of quantity of movement and also placing a time frame upon such movements if they were to happen.  Lots of UPpity price pressures that could carry us through the whole weekend,  unless such UPpity price pressures stop.  Gotta cover both directions.. with flat being amongst the least of likely scenarios.. like I already suggested in the second line of this response.


I believe the “range” will be $48,000 - $52,000, with Bitcoiners proudly announcing that “Bitcoin will not trade below $50,000 again”, BUT it WILL trade below $50,000 again, with nocoiners and big blockers laughing with jest.

It’s $10,000 all over again, I tell you. The $10,000 before it surged to $20,000. Where will The Last Laugh will come from? Cool

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JayJuanGee
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February 18, 2021, 03:11:33 PM
 #825

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.
These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.

If you guys are expecting bitcoin to go above $50k and then just get stuck above $50k as a kind of support.

Bitcoin no doesn't work like dat.


Either it goes up or down, it does not just get stuck (especially at the top of a range).. .so we will see what happens next.  I already said that I expect that the greatest possible scenario is for BTC to go from breaking above $50k to a range of about $58k to $62.5k.. and then perhaps correct or perhaps not.  But hey, even a greatest possible scenario may only have a small chance of occurring if weighed against various other possible scenarios.. but anyhow.. that is my sense.. and yeah, BTC prices could correct 25% or more from here or they could shoot past $62.5k to some number short of $100k and of course the shooting straight to $100k does also remain a possible scenario, but does not seem to have very high odds.. even though it probably has better odds than correcting below $20k... so there is that comparison of possible scenarios, too.

Another thing is that any price performance remains both a product of quantity of movement and also placing a time frame upon such movements if they were to happen.  Lots of UPpity price pressures that could carry us through the whole weekend,  unless such UPpity price pressures stop.  Gotta cover both directions.. with flat being amongst the least of likely scenarios.. like I already suggested in the second line of this response.

I believe the “range” will be $48,000 - $52,000, with Bitcoiners proudly announcing that “Bitcoin will not trade below $50,000 again”, BUT it WILL trade below $50,000 again, with nocoiners and big blockers laughing with jest.

It’s $10,000 all over again, I tell you. The $10,000 before it surged to $20,000. Where will The Last Laugh will come from? Cool

If anything, if you are trying to make a comparison to bitcoin's 2017 price performance, $50k seems to be acting more like a parallel to $3k rather than a parallel to $10k.. but whatever you can believe whatever you are going to believe. 

I think I already said enough on the topic for now.. especially regarding BTC getting stuck at a top of a price range (which does not really happen), and we will see how BTC price dynamics play out in the coming weeks or months.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
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February 19, 2021, 06:11:30 AM
 #826

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.
These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.

If you guys are expecting bitcoin to go above $50k and then just get stuck above $50k as a kind of support.

Bitcoin no doesn't work like dat.


Either it goes up or down, it does not just get stuck (especially at the top of a range).. .so we will see what happens next.  I already said that I expect that the greatest possible scenario is for BTC to go from breaking above $50k to a range of about $58k to $62.5k.. and then perhaps correct or perhaps not.  But hey, even a greatest possible scenario may only have a small chance of occurring if weighed against various other possible scenarios.. but anyhow.. that is my sense.. and yeah, BTC prices could correct 25% or more from here or they could shoot past $62.5k to some number short of $100k and of course the shooting straight to $100k does also remain a possible scenario, but does not seem to have very high odds.. even though it probably has better odds than correcting below $20k... so there is that comparison of possible scenarios, too.

Another thing is that any price performance remains both a product of quantity of movement and also placing a time frame upon such movements if they were to happen.  Lots of UPpity price pressures that could carry us through the whole weekend,  unless such UPpity price pressures stop.  Gotta cover both directions.. with flat being amongst the least of likely scenarios.. like I already suggested in the second line of this response.

I believe the “range” will be $48,000 - $52,000, with Bitcoiners proudly announcing that “Bitcoin will not trade below $50,000 again”, BUT it WILL trade below $50,000 again, with nocoiners and big blockers laughing with jest.

It’s $10,000 all over again, I tell you. The $10,000 before it surged to $20,000. Where will The Last Laugh will come from? Cool

If anything, if you are trying to make a comparison to bitcoin's 2017 price performance, $50k seems to be acting more like a parallel to $3k rather than a parallel to $10k.. but whatever you can believe whatever you are going to believe.  

I think I already said enough on the topic for now.. especially regarding BTC getting stuck at a top of a price range (which does not really happen), and we will see how BTC price dynamics play out in the coming weeks or months.


I was trying to make a comparison to Bitcoin’s 2020 price performance, from May to July. It was going above and below $10,000, with the big blockers, nocoiners, and trolls laughing at anyone who said that, “Bitcoin will never be below $10,000 again”. Who is laughing now?

BITCOIN WILL NEVER TRADE BELOW $50,000 AGAIN! Cool

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JayJuanGee
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February 19, 2021, 06:26:43 AM
 #827

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.
These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.

If you guys are expecting bitcoin to go above $50k and then just get stuck above $50k as a kind of support.

Bitcoin no doesn't work like dat.


Either it goes up or down, it does not just get stuck (especially at the top of a range).. .so we will see what happens next.  I already said that I expect that the greatest possible scenario is for BTC to go from breaking above $50k to a range of about $58k to $62.5k.. and then perhaps correct or perhaps not.  But hey, even a greatest possible scenario may only have a small chance of occurring if weighed against various other possible scenarios.. but anyhow.. that is my sense.. and yeah, BTC prices could correct 25% or more from here or they could shoot past $62.5k to some number short of $100k and of course the shooting straight to $100k does also remain a possible scenario, but does not seem to have very high odds.. even though it probably has better odds than correcting below $20k... so there is that comparison of possible scenarios, too.

Another thing is that any price performance remains both a product of quantity of movement and also placing a time frame upon such movements if they were to happen.  Lots of UPpity price pressures that could carry us through the whole weekend,  unless such UPpity price pressures stop.  Gotta cover both directions.. with flat being amongst the least of likely scenarios.. like I already suggested in the second line of this response.

I believe the “range” will be $48,000 - $52,000, with Bitcoiners proudly announcing that “Bitcoin will not trade below $50,000 again”, BUT it WILL trade below $50,000 again, with nocoiners and big blockers laughing with jest.

It’s $10,000 all over again, I tell you. The $10,000 before it surged to $20,000. Where will The Last Laugh will come from? Cool

If anything, if you are trying to make a comparison to bitcoin's 2017 price performance, $50k seems to be acting more like a parallel to $3k rather than a parallel to $10k.. but whatever you can believe whatever you are going to believe.  

I think I already said enough on the topic for now.. especially regarding BTC getting stuck at a top of a price range (which does not really happen), and we will see how BTC price dynamics play out in the coming weeks or months.

I was trying to make a comparison to Bitcoin’s 2020 price performance, from May to July.

That's even worse, Wind_FURY.... hahahahahahaha

You are going down hill in your comparisons.. at least from my perspective, whatever that's worth?

It was going above and below $10,000, with the big blockers, nocoiners, and trolls laughing at anyone who said that, “Bitcoin will never be below $10,000 again”. Who is laughing now?

Well that part makes sense.. because sometimes the down hope-ers and those "waiting" to buy for lower prices frequently will over-wait and continue to expect a correction that does not end up happening.. and now many are saying to say good bye to sub $20k and others are saying say good bye to sub $30k and even going so far as suggesting to say good bye to sub $40k... and so, the lackenings of significant and meaningful corrections do cause some to worry that they might not be able to buy lower and others to rejoice.. maybe prematurely, but who knows? 

So, yeah, I surely am included in the group who appreciates seeing some of the fence sitters or the bitcoin naysayers left behind and even those who sold too much too soon.. leave those fucks behind, too... they may well be valuing too much in fiat, and so they can keep their fiat profits, and so in that sense, it is nice to NOT see any kind of correction so those kinds of folks can just suffer from their lack of holding onto enough BTC to pee pare their lil selfies for the possibility of UPpity, that seems to have happened and continuing to happen with or without their buying back in..

BITCOIN WILL NEVER TRADE BELOW $50,000 AGAIN! Cool

I like the idea... but surely I have my doubts.. but hey, it could happen, even though I would assign a pretty low probability to such a scenario.. maybe less than 20%.. but what do I know?

O.k.... I guess I am kind of getting what you had said, and so we just have differing ways of framing the matter and probably differing assignments of some of the probabilities to various scenarios that could end up playing out, but likely NOT too far apart in some of our ultimate considerations.. including that likely neither of us had not failed/refused to adequately pee pare our lil selfies for UPpity by either holding onto our coins and surely not selling too many too soon.. so there is those kinds of bonding points that we share... hahahahahaha  #nohomo..

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
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February 19, 2021, 10:17:07 AM
 #828



BITCOIN WILL NEVER TRADE BELOW $50,000 AGAIN! Cool


I like the idea... but surely I have my doubts.. but hey, it could happen, even though I would assign a pretty low probability to such a scenario.. maybe less than 20%.. but what do I know?


I was merely reliving May - July 2020 situation, and hoping that the trolls come in and laugh at me everytime Bitcoin corrects below $50,000.

BUT, I believe they won’t be laughing, because the trolls ALSO BELIEVE that Bitcoin is on a path of price discovery towards 6 digits. Hahaha.

Quote

O.k.... I guess I am kind of getting what you had said, and so we just have differing ways of framing the matter and probably differing assignments of some of the probabilities to various scenarios that could end up playing out, but likely NOT too far apart in some of our ultimate considerations.. including that likely neither of us had not failed/refused to adequately pee pare our lil selfies for UPpity by either holding onto our coins and surely not selling too many too soon.. so there is those kinds of bonding points that we share... hahahahahaha  #nohomo..


Cool

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February 20, 2021, 10:52:44 AM
 #829

Buying every dip and hold is a simple strategy it sounds very simple but we also need to be careful to select the good coin to buy and hold. Because some of the people loss on buying a coin that turn into shit coin in a long run. I think it is better to buy bitcoin and ethereum beause it is a good and amazing coin. But for now we need to wait on the price of bitcoin and ethereum to fall so that we can buy more and hold because btc and eth today is very high price and i think that is risky to buy.

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February 20, 2021, 11:22:14 AM
 #830

Buying every dip and hold is a simple strategy it sounds very simple but we also need to be careful to select the good coin to buy and hold. Because some of the people loss on buying a coin that turn into shit coin in a long run. I think it is better to buy bitcoin and ethereum beause it is a good and amazing coin. But for now we need to wait on the price of bitcoin and ethereum to fall so that we can buy more and hold because btc and eth today is very high price and i think that is risky to buy.

Fuck ethereum.

These principles do not apply to ethereum.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 22, 2021, 11:03:02 AM
 #831

There were actual people who thought the internet was “just a passing fad”, like there are people who currently believe that Bitcoin is merely “Tulip Mania 2.0”.



How many years should the Bitcoin network be running before the nocoiners, and the deniers accept that Bitcoin, or the concept of Bitcoin WILL NEVER GO AWAY? HOW MANY YEARS?

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JayJuanGee
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February 22, 2021, 01:40:56 PM
Merited by Wind_FURY (1)
 #832

There were actual people who thought the internet was “just a passing fad”, like there are people who currently believe that Bitcoin is merely “Tulip Mania 2.0”.



How many years should the Bitcoin network be running before the nocoiners, and the deniers accept that Bitcoin, or the concept of Bitcoin WILL NEVER GO AWAY? HOW MANY YEARS?

approximately 26.2 years.

 Wink

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
fadhilz123
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February 22, 2021, 10:22:38 PM
 #833

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537
I think no one here knows the deep price of coins, keep try to find the dip price will make you miss the train. I think should be "Buy at current and HOLD". In the end, Holder will win, even if they don't buy at dip price. We are in bullish season and many predictions will continue until the end of the years. So the current price is okay

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Smitty Werben Man Jensen
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February 22, 2021, 11:52:48 PM
 #834

now it is DIP! buy now many altcoins are at the bottom, such as XLM, BCH, AOA etc. actually this is waiting for the bitcoin price to confirm first. because the price can go down again. but it's time to buy gradually, don't forget the altcoin season, because it will soon arrive !, buy and hold are the options.

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February 23, 2021, 03:15:08 AM
 #835

now it is DIP! buy now many altcoins are at the bottom, such as XLM, BCH, AOA etc. actually this is waiting for the bitcoin price to confirm first. because the price can go down again. but it's time to buy gradually, don't forget the altcoin season, because it will soon arrive !, buy and hold are the options.

1) we do not analyze king daddy or the movement of the dog by looking at the tail... ..,.so who gives any fucks about XLM, BCH, AOA and/or any other shitcoin that you might want to list when attempting to appreciate what king daddy is doing or might be doing in the future

2) analysis about whether you are going to be lucky in your gambling of shitcoins based on a belief that either history will repeat itself or that there are actually some shitcoins that might have a short term pumpening, is quite off-topic in this hear thread.. and if you believe in that kind of crap it is better take it to some other thread...

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 23, 2021, 04:34:42 AM
Merited by JayJuanGee (1)
 #836

now it is DIP! buy now many altcoins are at the bottom, such as XLM, BCH, AOA etc. actually this is waiting for the bitcoin price to confirm first. because the price can go down again. but it's time to buy gradually, don't forget the altcoin season, because it will soon arrive !, buy and hold are the options.
HAHA. this reminded me of 2018 when the forum was filled with comments like this encouraging others to either buy or bag hold shitcoins promising them recovery and riches. Long story short those who listened lost up to 98% of their money within a couple of months.

Even to this day after 4 years not even a single one of them were able to recover to its 2017 prices they all dumped hard. Even the big popular shitcoins such as Ethereum haven't been able to recover. ETH is currently 80% below its ATH sitting at 0.032 while it used to be 0.150

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February 23, 2021, 05:01:15 AM
 #837

The years pass by and JayJuanGee still hates the alts. Like the bitcoin pump and dumps, some things never change.  Grin
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February 23, 2021, 05:24:43 AM
Merited by JayJuanGee (1)
 #838

Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!
Why be afraid to buy when there is a downturn in the market. If you buy, even if the decline continues. its value will recover. Although we don't know when the value will recover. Every Sunday I buy it and keep saving, no matter when it goes up or down. Because I know that the value of bitcoins is increasing all the time.

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Wind_FURY (OP)
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February 23, 2021, 09:45:58 AM
 #839

The years pass by and JayJuanGee still hates the alts. Like the bitcoin pump and dumps, some things never change.  Grin


But are they purposefully “pump and dumps”? From my viewpoint, it’s simply the nature of the market. Bitcoin has always relied on the open market for price discovery.

Plus, JayJuanGee, it is confirmed, $50,000 the new $10,000. I hope no one did it like the Goldfish. DON’T THROW YOUR BITCOINS TO THE BILLIONAIRES!!!


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February 26, 2021, 09:55:28 AM
 #840

The whalecumulators, “Did the plebs, sell? Then buy the dip. Pump it!”



The Bitcoins you sold, are going them, never to be seen again. Don’t give it to them, HODL. Bitcoin is still on schedule in its path of price discovery to 6 digits.


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