Cryptocurrency

LMFAO.

2 Likes

Ha, wowā€¦
Cenk could learn some stuff from this guy for the next Digitone promoā€¦ :joy:

1 Like

Digitooooooooonnnneee!!!

1 Like
3 Likes

Interesting that a few days after stocks plummet (which followed shortly after the crypto dip) ECB confirms no plans to regulate crypto, and now crypto has surged again, coincidence?

Iā€™m sure a lot of money pulled out of the stock market got invested into BTC. The thing that worries me though is how the whole Tether situation is still unresolved.

I have a feeling things will dip drastically when/if the Tether situation comes to light. It feels like a ā€œhot potatoā€ situation until then to me.

1 Like

Certainly was.

ā€œHold on forā€¦ uhhhā€¦ certain death?ā€

Anyone actively investing or trading for more than 5 or 10 years should be well familiar with that curve.

1 Like

So, not a wavetable then?

2 Likes

You can loop it if you want but itā€™ll sound grinding and repetitive. :neutral_face:

2 Likes

This thread is pure gold if you look at the bitcoin and ETH charts starting at around when this thread started, January 17th. Read a post, look at the chart.

2 Likes

Notice how the volume of topic activity roughly mirrors that of the price of BTC, trailing the price, as to be expected.

Psychology and its effect on market flows is a funny thing.

1 Like

Thinking to jump on cryptocurrencies, yet I feel I donā€™t know nearly enough to drop some coinsšŸ¤”

I was waiting for it to capitulate back down to $3000 back in March, but it never did. It feels like thereā€™s too much manipulation going on with its value right now. Iā€™m waiting for it to go back down to $5000. Iā€™m a no-coiner.

1 Like

no one does

2 Likes

Price has gone back up recently. Around Xmas it was quite low.

I bought a bitcoin many years ago , mustā€™ve cost Ā£20 , I have .5 left
I wish Iā€™d bought more.

Whenever I look at the ups and downs of the other options they seem to track bitcoin up/down but I doubt itā€™ll hurt to divest across the main ones.
As with this stuff , itā€™s all a gamble. Whenever it goes up / down I try to focus on what it cost me and not the profit / loss based on the current rate. Otherwise Iā€™d get more upset that I didnā€™t sell it when it was at its peak last year.

I now nothing of world finance but with Brexit , tariff wars getting worse people often look for something ā€¦ gold etc.

i expect big economic problems
interest rates are still low
economy already starts to stagnate (and should, seen from historical economy cycles)
when we go down, we have no tools to fight

house prices will go down
a bitcoin will be an interesting anti cyclic investment, I think

it might go down to 3k, or less
but for me it feels like some kind of insurance

this black swan of non-copiable smart contract money makes sense, I think. it is lean, transparant and fast.
unfortunately it is not a social community cooperation, but in control of a small group of people owning way too many.

1 Like

I guess the best strategy for me, as I would invest very small amount, would be to trade actively, a bit like cfdā€¦ (?) I may be talking sh*t though.

I thought I was being prudent by investing a bunch of money into stocks recently (various marijuana companies, FB, AMZN, GOOGL, MSFT, etc). Unfortunately, it was a week before the unexpected tariffs.

Now, thereā€™s also the crackdown on big tech to consider. Iā€™d be much better off had I invested all that money into BTC at this moment, but who knows what the future will bring?

1 Like

I already played that game back before bitcoin hit 20k.

Doubled my money and walked out of the casino. Just be patient and dont panic sell. Swim with the whales not against them