New Deal - Crypto Is Half Price Today!

fratzhaus on 20/05/2021 - 08:31
Last edited 20/05/2021 - 17:01

I'm taking the hit and buying the dip - you only lose money if you sell the coins!!!

Fun questions while we cry together:

  • How are all our Crypto Investments going?
  • Did you sell before the crash?
  • What platform do you use?
  • What controls your decision making in the markets? (indicators/trading bots/hodl)

I have the below coins with my profit/loss, and mostly rely on buying and holding. I was up 40% overall 2 days ago, I am now only up 7%.

  • ADA (-4%)
  • ALGO (-28%)
  • MATIC (+48%)

I use swyfx, and my decision making is based on a few people around me who are very smart and much more successful in crypto investing.

Please appreciate the joke title, though now would be a good time to buy in - especially ADA imo. It'll go way up real quick. Anything under $2 is smart. Not a financial advisor.

EDIT: Picture of the day right here: https://imgur.com/a/jWpqkO9

Financial Cryptocurrency

Comments

  • Lucille Bluth on 23/05/2021 - 23:39

    Crypto is in free fall. I have liquidated to safe guard my earlier gains. Ethereum dipped below US1900 and Bitcoin US32K. Will reassess tomorrow or until floor is reached.

    • sal78 on 24/05/2021 - 07:42

      My friend bought Eth at $10. I should have bought at $170

      My friend went to school with Gavin Wood. They are good friends.

  • Ender Wiggin on 24/05/2021 - 02:49
    +1

    I passed on BTC when it was 80c - a bit rich for me now.

  • Dsquall on 24/05/2021 - 06:54
    +2

    Cryptocurrency reminds me of communism. Great in theory, pretty broken in execution.

    It’s probably just another cycle like 2017, all the winners will have left by now and it’ll just be a pit of “hodl”ers (the losers) waiting for the next wave. Bit of a Ponzi scheme, no real nuance to it, you’re just waiting to make money off some suckers that get to the party late.

    P.s don’t sell the dip though

    • Lucille Bluth on 24/05/2021 - 09:42

      P.s don’t sell the dip though

      I would argue sell, and wait for the floor to be reached which means acquire more coins for cheaper (or rebuy same coins for cheaper). Then when floor is established and obvious then hold. No point holding if it will fall further, which it will.

      • 6f0edd329de61a3ce4aa on 24/05/2021 - 19:59
        +1

        You're advocating for "buy low sell high". I'm not sure if you realise how useless that advice is…

        • Lucille Bluth on 24/05/2021 - 20:37

          You misunderstood. I am saying don't sell at high. The previous person said to sell when it has already dipped and HODL'n. Leverage dips by selling and rebuy at lower price and acquiring more is a good albeit risky strategy.

          Hell look at MATIC, last night dipping to AU1.00 and climbing back to AU2. Would have been great to sell whilst dipping and rebuy.

          • tajid on 24/05/2021 - 21:32

            @Lucille Bluth: This could go the other way around though, you sell then it pumps and you miss out the pump. Hindsight is 20/20.

  • EightImmortals on 24/05/2021 - 07:27
    +3

    That's the nature of the crypto market unfortunately. It aint over yet though. Here's a chart of historical BTC corrections for comparison.

    https://www.visualcapitalist.com/bitcoin-historical-correcti…

    Also the whole China thing was a beat-up by Bloomberg as China was just reiterating it's position and was not announcing anything new. And even then I don't think they have banned the Joe and Jills from having it, just corporations?

    Kiyosaki (Rich Dad, Poor dad) did an interview on it here.

    https://youtu.be/srIgXeFG7nc

    He's also VERY bullish on BTC over the next five years.

    HODL! :)

    Also, here's a VERY interesting vid from last month, the guy seems to nail it (is still optimistic long terms though)

    https://www.youtube.com/watch?v=Lhf_2gJJS1I&t=9s

    • rektrading on 24/05/2021 - 08:36

      It's strange to hear that a country as advanced as the PRC think that they can ban a permissionless network.

      Don't they have anything better to do than to keep their citizens poor with meaningless regulations?

      • EightImmortals on 24/05/2021 - 09:12

        Government does what government does. ;)

  • paul11 on 24/05/2021 - 08:33
    +2

    US $100K portfolio, now around $40K. It was $140K a month ago. I am happy to hold for the next 2-3 years. Learned from my mistakes. Gotta press that "sell button" more often.

    • techlead on 24/05/2021 - 09:33

      You can try to trade it, but you will miss out on some profits and probably the biggest moves. Crypto moves fast.

  • Skinnerr on 24/05/2021 - 08:34

    Crap, I signed up to swyftx without knowing about the sign up bonus. Does anyone know if it's too late to apply the bonus any way?

  • techlead on 24/05/2021 - 09:31
    +7

    From a technology point of view, nothing has changed. Bitcoin is still as good as it was 2 weeks ago. The team is continuing to build, same goes for Ethereum with nice upgrades coming in the July.

    So if you were willing to buy Bitcoin at $60k USD, why wouldn't you jump at the opportunity to buy at $33k USD? The only thing that changed is the price, the product is as good as it was and will get better.

    • JelIyfish on 24/05/2021 - 09:56
      +2

      That theory could be used to justify any crashing market.
      Reality is that you're losing money.

      • techlead on 24/05/2021 - 10:56
        +1

        That may be the case for now.

        After the Dec 2017 "crash", I started buying again at around the $9000USD mark, roughly 50% down from the peak of $19900. I continued to periodically buy every dip all the way down to $3300USD in Nov 2018 and then continued to buy after that.

        Reality is, I didn't lose any money from those trades. All of those trades are in profit at the moment even after this "catastrophic plunge" and a pretty large one at that.

        From a technology perspective, Bitcoin and Ethereum has not changed from 2 weeks ago, with improvements on the way.

        Its very easy to look at the chart with hindsight and go, yea, I'm going to sell all at $19900USD in Dec 2017, then all in, in Nov 2018 at $3300USD, then sell at $63000USD. Unfortunately, reality doesn't work like that.

        I look at the technology, if I like the product, I invest in it. Its a steal at $33kUSD. I will continue to periodically buy.

      • netjock on 24/05/2021 - 15:59
        +2

        Techlead doesn't get tech if they think bitcoin is the same as Ethereum.

        Ethereum can be used for smart contracts, NFTs, apps and others can piggy back off it. It pays out for those type of tasks (gas fees). Not so much a limit on number of tokens.

        Bitcoin, limited number that is it. It doesn't do anything, it is just basically an expensive database of people selling and buying it.

        • negger on 24/05/2021 - 22:09

          PoW is inefficient by design. More band-aids(layer 2 etc) is not going to fix it.

          Also, taking profits along the way is important for any speculative assets.

    • [Deactivated] on 24/05/2021 - 16:33

      Nicely said.

      Your new to the crypto scene aren't you? Well done. keep telling yourself that.

  • mactos on 24/05/2021 - 12:14

    Problem is everyone who is an 'investor' in crypto also is a spruiker because they don't want to lose their money.
    We will soon have as many coins as we do currencies. They can't all survive.
    You also can't have a method of payment that can lead to hyperinflation or deflation at the drop of a hat.
    Governments will want their dirty hands on crypto at some point.

    • techlead on 24/05/2021 - 12:34
      +2

      How's that any different to property? Have you noticed why you don't hear about issues about units and property until it gets into the media like Mascot Towers? They just want to pass on the hot potato.

      Not saying Bitcoin is like that, it is very sound money, so I'm enjoying the discounts, I'm buying BTC, ETH and ADA.

      You are right, not all crypto will survive, most are already dead, they are zombies, eg Ethereum classic. I sold Doge at 71 cents before Elon's SNL appearance, then borrowed Doge to short. That position remains opened to this day and I will keep it opened, I think doge will go to $0.

      As for methods of payment, Bitcoin is not good for that, but others are, eg stable coins, Visa will be using them to settle.

      Government already has their dirty hands in crypto, they want their cut, it shows crypto has matured and "made it".

      • netjock on 24/05/2021 - 15:56
        +1

        Not saying Bitcoin is like that, it is very sound money, so I'm enjoying the discounts

        Techlead always entertains me. If you got a $30k list price Corolla for $15k then it is a discount and the Corolla is real. If Woolworths continues to pay the same dividends and shares are at half price then sure it is a discount (generally there is something seriously wrong if people are dumping).

        Bitcoin at $60k is the same bitcoin at $30k. No dividends, nothing to hold of, nothing I can use.

        • techlead on 25/05/2021 - 12:28

          You are quite entertaining, so you are saying intangible assets don't exist? Just because you can't touch it, it doesn't have value?

          Have you read a company's financial statement? There's a section on intangible assets, by definition you cannot touch them, but they have value. The Coca Cola brand alone, for example is valued at over $36 billion USD.

          Just because you cannot touch it, doesn't mean it doesn't have value, and just because you can touch it, it doesn't mean it will always have value. You own a property, the market goes down, you can touch it, but you will get less money when you sell, being able to touch it or not will not help you with its valuation.

          As for the value of Bitcoin, what give it value is its network, ability to transfer value on a decentralized, censorship resistant network. That's where Bitcoin's value is.

          Just because you can't use it, doesn't mean it has no value to other people. Millions of unbanked and oppressed people would beg to differ. Bitcoin is quite useful for people living in Turkey and Venezuela.

          • netjock on 25/05/2021 - 12:39

            @techlead:

            Have you read a company's financial statement? There's a section on intangible assets, by definition you cannot touch them, but they have value. The Coca Cola brand alone, for example is valued at over $36 billion USD.

            That is because your intangibles are built up through a century of producing a product. It is also backed up by the recipe, IP, equipment and profits.

            Blockchain has nothing. It is open source. No underlying cash flow. Not even a helpdesk. You can't even do bitcoin brand licensing for money.

            Millions of unbanked and oppressed people would beg to differ. Bitcoin is quite useful for people living in Turkey and Venezuela.

            Think Venezuelans have difficulty getting enough money to buy bread, bitcoin is low on the agenda. It is just another piece of crap that crypto people try to sell.

            If you are unbanked then how do you get money transfer to an exchange to buy crypto?

            If you are oppressed then what is the point of having crypto when you convert it into products it is instantly taken away from you.

            I'd suggest crypto people really serious consider spending their money and time feeding these people, helping them setup bank accounts and over throw their regimes.

            • techlead on 25/05/2021 - 12:45

              @netjock: You should do abit more research into this topic.

              The reason why Bitcoin and other cryptos are so valuable is because it's allowing it's citizens to survive, eg buy bread, food, etc because Bitcoin is acting as a store of value.

              Here's what's happening in Turkey and Venezuela, there's hyperinflation, the country's currency is worthless and good and services are increasing in price by the hour. USD and other currencies are heavily regulated, so Bitcoin is allowing these people to keep their purchasing power. Whenever they get paid, they change it immediately to Bitcoin, then they can use it to convert to USD or their local currency to buy food. If not for Bitcoin, their purchasing power would have been eroded. In Venezuela, what some people do is, they spend all their pay everyday goods and use that as currency to barter to other items, Bitcoin is acting like that.

              • NigelTufnel on 25/05/2021 - 15:29

                @techlead:

                Bitcoin is allowing these people to keep their purchasing power.

                Not over the last couple of weeks it isn't… No way I'd be using bitcoin to stabilise anything, unless you're literally just converting to bitcoin and then converting to a stable currency immediately. In which case bitcoin is not maintaining purchasing power, it's just making conversion to USD easier…

                • techlead on 25/05/2021 - 16:36
                  +1

                  @NigelTufnel: Compared to fiat currencies in Turkey and Venezuela, Bitcoin is quite stable.

                  Also, keep in mind the drop over the last few days is nothing compared to the ramp up over the last year, it was only $3800USD in March 2020. Around $11000USD this time last year. So I'd say Bitcoin has grew and maintained the purchasing power of all holders very very well.

              • Crow K on 28/05/2021 - 11:32

                @techlead: It should be noted that this isn't a problem that can only be solved by crypto (if it is being solved by crypto at all - are Venezuelans actually buying the incredibly volatile Bitcoin or is it a press release?) - here's an article from 2013 on how African nations use cellphone "minutes" as their centralised digital currency. Fast, convenient, stable, agreed value, easy to convert to USD/other fiat. And can't be destroyed by a tweet from Elon.

                https://lifeasahuman.com/2013/media-tech/technology/mobile-m…

                • techlead on 29/05/2021 - 23:23
                  +1

                  @Crow K: True, many things has been used that way. Beanie Babies? Trading cards?

                  None has the same staying power as Bitcoin though, which is still going strong for more than 10 years now. Of course, it may be overtaken by something else in the future, who knows.

                  I have my view and positioned myself financially for it and it has paid off so far. Key words, "so far", it may; go to zero tomorrow, that's a risk, but its a risk worth taking. You can make up your own mind and decide for yourself.

                  • Crow K on 30/05/2021 - 20:31
                    +1

                    @techlead: Cellphone minutes aren't just items someone decided to swap - they're a digital commodity stored and traded. They are intangible. They're working as a functional digital currency. They're actually solving the problem without the need for all the crypto add-on costs. Spending $120 on Ethereum for a service can require $300 in 'gas fees', for instance.

                    Third world nations have been solving the "fiat is corrupt, hard to accumulate, etc" problem for close to a decade now - I feel it's disingenuous for spruikers to say "The solution to their problems has arrived, and it's this volatile unregulated monster so deal with it everyone".

                    I'm absolutely am not calling you a spruiker [you've been very candid and open in your discussions on here - and I think you've done a great deal maintaining a respectful discussion], but there are people out there outright saying crypto has to be acceepted because it's the only way to fix issues.

                    • techlead on 30/05/2021 - 21:44
                      +1

                      @Crow K:

                      there are people out there outright saying crypto has to be acceepted because it's the only way to fix issues.

                      I don't agree with those people. I think cryptos can be a solution, but there's a lot work to be done before it gets there. This is why I think we are still very very early in this space, like the internet in the 90s. The internet in the 90s was completely different to the internet today, I think this evolutional change will also take place with crypto. It has already started to take shape, I look at the crypto space now and compare it to when I first got in, in 2013, its totally different.

                      I see the value in cryptos and believe it can change the world just like the internet. Time will tell.

                      "The solution to their problems has arrived, and it's this volatile unregulated monster so deal with it everyone".

                      This is similar to AirBNB and Uber. When they first burst onto the scene, they were also unregulated. They didn't ask for permission to exist, they just came along with "a better way". If you described AirBNB and Uber to someone from the 2000s, how do you think they'd react? I think they'd be horrified and would not think too highly of that idea.

                      If Bitcoin, other cryptos, Airbnb and Uber asked for permission to exist, they'd never exist at all. So being "unregulated" may not be such a bad thing.

                      • Autonomic on 03/06/2021 - 12:12
                        -1

                        @techlead: It's all just buzzwords and hype. No one uses bitcoin or cryptocurrency for anything other than speculation.

                        Comparing bitcoin to Coca-colas brand name or AirBNB or Uber is ridiculous. What exactly is the argument here? That people were skeptical of both, therefore both will become ubiquitous?

                      • netjock on 03/06/2021 - 12:14

                        @techlead:

                        Bitcoin, other cryptos, Airbnb and Uber asked for permission to exist

                        Not a valid comparison. People create stuff all the time. There is more failures than successes. The telephone, fax didn't ask for permission to exist. Neither did WorldCom and Enron ask for permission to go bust.

    • netjock on 24/05/2021 - 15:49

      Central Bank of Zimbarbwe will want a piece of that

  • Dowhatuwant on 24/05/2021 - 12:53

    Lol good luck trying to time a dip, wait till the dip dips dipper.

    • techlead on 24/05/2021 - 13:28
      +2

      Don't time a dip, just buy it when it happens.

      Eg, when ETH dipped to $1728USD last night, just buy it. I bought ETH at $1755USD, bargain. Its now $2177USD at the time of writing. If it drops again, I will buy again.

      • Dowhatuwant on 24/05/2021 - 14:30
        +1

        and if it keeps dropping and doesn't come back out you lose. It's not a house in australia where the government will keep propping it up, it CAN fail.

        • techlead on 24/05/2021 - 15:37

          That would depend on your understanding and belief of the technology. I don't believe it will go to $0. Didn't believe that when it went to $3300 in Nov 2018, I don't believe that now, so I will keep buying.

        • netjock on 24/05/2021 - 15:53
          +5

          You are talking to the guy (Techlead) who had an AMA. The guy who didn't want to incur CGT so takes out margin loan on their holdings.

          So you'd rather not sell at $60k and borrow say $20k, now it is worth $30k but your margin loan is still $20k. Could have sold at $60k, paid the ATO and still be ahead.

          There is nothing rational you can say that will change their minds.

          Bitcoin is what they call "digital gold" if you don't want to buy real gold why would you want to buy the digital version?

          Good ABC (Australia) article out today

          • Dowhatuwant on 25/05/2021 - 08:57
            +1

            @netjock: Crypto people dont seem to understand that Gold isn't valuable simply due to scarcity, it's also actually quite special/useful as a material.

          • techlead on 03/06/2021 - 12:02

            @netjock: I haven't done that yet. I was considering it and still am.

            Even if I did do that, this recent dip would not have affected me at all.

            What do you want to change my mind on? The fact that fiat is not going to zero (lose most of its purchasing power)?

            I'm very open minded, I was skeptical about Bitcoin when it first came out in 2009, took me 4 years to change my mind about it.

        • techlead on 03/06/2021 - 11:59

          Looks like its coming up back up. :)

          • Dowhatuwant on 03/06/2021 - 12:39

            @techlead: You call this back up? Lol its about the same as what it was when the "half price" deal was posted.

            • rektrading on 03/06/2021 - 13:08

              @Dowhatuwant: Data shows that the TOTAL MCAP gained 469bn (39%) in 12 days. Yes, it's been going up since the 24th of May.

              • Dowhatuwant on 03/06/2021 - 13:25

                @rektrading: Only if you got it at the literal bottom. Remember bitcoin was over 80k a coin not long ago so the odds of someone having bought the bottom of that lowest dip only is unlikely. You need to average all the dips purchased and then i doubt anyone that bought the "dip" is up much.

              • tunzafun001 on 05/06/2021 - 00:30
                +1

                @rektrading: Going from $70k to $35k is a 50% drop.

                But it will take a 100% rise to get back.

                Point being rising percentages always sound better than drops.

                "Hey look it was down 20% last week, but up 25% this week" … Its actually the same.

                As for Bitcoin value longevity ..who knows.

  • nuffnuffberry on 24/05/2021 - 14:53
    +1

    I was sitting watching the charts - sold all my LTC at about $272 USD - glad i did - then saw the tumble.. lost about 10K in profits but still up about 4K overall..

    I will jump back in as soon as i feel confident of uptrend - but I believe we have a little more to drop until things stabilize…

  • [Deactivated] on 24/05/2021 - 16:31

    Hey everyone! It's me Mr Boshingles!!

    Have we all learnt a valuable lesson?
    When Mr Boshingles says market is full of reddit normies that are bloody clueless and it's at a dead cat bounce……. Mr Boshingles is correct.

    If you don't believe me, pour all your wagecuck savings and buy this "dip". Go ahead prove me wrong.

    • isthisreallife22 on 24/05/2021 - 16:35

      In some ways I dont mind whats happening even though I bought right at the top, because, I felt I totally missed out… like, totally… so now I'm in and feel I can ride the next wave up whenever it inevitably happens. Of course important to time it well but I don't think that wave up is coming today (hope not anyway as I'm not buying yet)

      • [Deactivated] on 24/05/2021 - 16:41

        You are new to this? Congrats, keep telling yourself this, in this forum you will find comfort in others with the same trading experience as you reassuring your strategies. Blind leading the blind.

        HODLE! #To the mooooon! #Paper hands # Diamond hands… there you go guys, does this make the post more relatable.

        • isthisreallife22 on 24/05/2021 - 16:43

          I mustn't have been clear - I mean I'll write off what I've spent? Just now I'll have the opportunity to buy again at better value with some prospects of it going up materially.

        • Cusack on 25/05/2021 - 07:00

          Why do you sound salty abt it?

          • [Deactivated] on 26/05/2021 - 09:04

            @Cusack: I'm a big advocate for crypto currency. I truly do believe it will be the future.

            However when new uneducated money floods in (just to make a quick buck and have no intention on using or adopting it) it gives it bad press and before you know it "ponzi scheme" is plastered all over the news.

            Also I can't stand misinformation being spread around by people that clearly have no idea what they are doing.

            Hope that gives you an idea why I'm sitting in my mums basement drinking mountain Dew and being all salty about this.

            • Cusack on 26/05/2021 - 18:10

              @[Deactivated]: I don't think any amount of 'new uneducated money' and the dramatic news headlines calling it a ponzi would affect it in the long term if there really is value in it.

            • AncientWisdom on 28/05/2021 - 02:19

              @[Deactivated]: I'm not sure what you mean, when you buy stocks are you "using or adopting them"?
              I'm buying BTC because I believe that's the current best way for my money to work for me. Doesn't mean I don't believe in the cause as well…

              • [Deactivated] on 28/05/2021 - 11:04

                @AncientWisdom: Stocks with adoption:

                Woollies or Coles, where they already have store foot prints all over Australia with a customer base.
                When you buy stocks, you are essentially giving money back into Woolies/ Coles to expand or fund its operations, where consumers are tangible.

                I get that you are buying BTC to make a quick buck, but for it to work for you are you using it as a hedge against inflation like gold? Or are you using it in the few places that accept it (like cash)? If you aren't using it to hedge or cash then you are not adopting it and what you will find is the vast majority of people aren't adopting it- So if most people just get rich quick - how can the value of it be priced correctly?

                So unless you are never selling BTC until I can buy my milk with it, your (most) of your money isn't spent developing it.

                Good for you if you truly believe in the cause, hopefully you didn't buy any doge - cause that is a clear sign you are chasing a ponzi and not interested in the technology (doge coin is inferior and literally designed to lose value and have no future).

                • AncientWisdom on 03/06/2021 - 14:47

                  @[Deactivated]: Didn't buy doge and probably won't. I am using bitcoin as a hedge against inflation. I don't use it as a get rich quick scheme although I do believe it will go up in price significantly during our lifetimes.

                • AncientWisdom on 03/06/2021 - 14:49

                  @[Deactivated]: Also, what people keep failing to realise is that using bitcoin as a store of value is a legitimate use, the same way you'd put your money in a saving account, buy bonds, or purchase any of the myriad of financial products out there. This is just another option, with its own risk/reward profile.

                  • Drpepper666 on 07/06/2021 - 15:13

                    @AncientWisdom: Hedge against inflation and store of value that loses 50% value in just a few weeks lol

                    • rektrading on 07/06/2021 - 15:33

                      @Drpepper666: Short term speculators and leverage gamblers got rekt for being greedy.

                      This market is working as it's supposed to by punishing the impatient and rewarding the patient.

                      • isthisreallife22 on 18/06/2021 - 17:42

                        @rektrading:

                        This market is working as it's supposed to by punishing the impatient and rewarding the patient.

                        Those of us that were "patient" and waited until BTC looked like a good investment prior to investing in are the ones that got punished though?

                        • AncientWisdom on 20/06/2021 - 12:41

                          @isthisreallife22: HODL on, you'll get rewarded sooner or later.

                          • tunzafun001 on 21/06/2021 - 21:24

                            @AncientWisdom: So Hodl only applies to Bitcoin?

                            If you are hodling Dash…

                            • AncientWisdom on 22/06/2021 - 09:51

                              @tunzafun001: Hodling applies to refer you believe will appreciate long term no matter what. Bitcoin and Etherium are good bets with everything else with less certainty IMO - DYOR.

                        • Cusack on 20/06/2021 - 12:58

                          @isthisreallife22: At what point did you think it was a good investment? Serious question.

                          • isthisreallife22 on 20/06/2021 - 13:33

                            @Cusack: This feels like a loaded question? Are you suggesting that it never was or will be a good investment?

                            • Cusack on 20/06/2021 - 16:21

                              @isthisreallife22: No not at all. I was wondering if there was particular events that made it look promising. For the record I think it's a good investment

                    • AncientWisdom on 20/06/2021 - 12:42

                      @Drpepper666: It's not a short term play, that's for sure

    • Ononono on 24/05/2021 - 23:07
      +6

      Lol it's easy to be a smartarse with hindsight. Go ahead and short BTC if you're so confident, let's see how your crystal ball does when you actually have skin in the game.

      • Cusack on 25/05/2021 - 07:03
        +4

        Yeah I love how everyone's become an 'expert' after the fact. They were all silent when it was climbing though.

        • [Deactivated] on 26/05/2021 - 09:07
          -3

          Climbing? It's still 40% down. It's just stopped bleeding.

          Look at the graphs and trading volume. Obviously market manipulation. It will dump.

          And yes, I am planning to short it. I think only about 5 other people posting agree with me and probably doing the same - then again that's why after the bull run only a small majority actually make money.

          I'll stop posting as the general consensus here is that there is more money to come, I love how the majority aren't comparing volumes, adoption or mark cap values.

          OR maybe I'm spreading FUD so I can buy back in because I have regrets selling it early. <3

          • techlead on 03/06/2021 - 10:17

            @[Deactivated]: 40% down after a huge run up.

            Even after this fall, Bitcoin is still nearly 300% up from this time last year!

      • [Deactivated] on 26/05/2021 - 09:12
        -3

        More money in it than what you make in a year.

      • techlead on 03/06/2021 - 10:15

        So true, the shorters are getting rekt at the moment. I don't like shorting in a bull market, I just buy the dips.

  • earth worm jim on 24/05/2021 - 18:09

    A sale that keeps on giving. MAGA sale.

    • techlead on 03/06/2021 - 10:15

      The sale is fading. Some of these coins has bounced back hard. Eg, BNB has now doubled from its bottom.

      • earth worm jim on 03/06/2021 - 14:17

        Is that one related to Airbnb by any chance ?

        • techlead on 05/06/2021 - 01:18

          No, BNB has nothing to do with AirBNB. BNB is the native token for Binance smart chain (BSC)

  • BuDWiZe on 24/05/2021 - 20:18

    Fsrk I almost put money on matic early today almost gone 2x

    • JelIyfish on 24/05/2021 - 20:33

      Why not just go to the casino?

  • rektrading on 25/05/2021 - 07:40
    +1

    People with no conviction in their trade ate red candles last week. Those with high convictions in their decisions are now dancing with green candles.

    Enjoy the gains and take profits.

    https://imgur.com/a/yimYVS3

    • techlead on 03/06/2021 - 10:14

      Yep, just buy the dip.

      Weak hands gave me some cheap crypto, keep it coming. :)

  • MelBorn on 25/05/2021 - 16:03

    didnt buy eth at 2k, cries

  • EightImmortals on 28/05/2021 - 07:38
    +1

    This guy has some good stuff to say, a nice sensible non-clickbaity approach.

    https://www.youtube.com/watch?v=ys3BIPNDMso

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