Official Bitcoin Thread

[mplsdunk]

What’s going on with sol? Can’t find any news on them but they are down 9%.

 

[heyson]

What’s going on with sol? Can’t find any news on them but they are down 9%.

I guess they were called a security and robinhood is delisting

 

[mplsdunk]

Gary strikes again.

 

[johnnyredstorm]

Anyone else blacklisted? IYKYK

FAFO

Already bought a few Ponzi Bucks. Burned 1 to guarantee a future BL spot.

IYKYK

 

[D Double]

Regulation Fire Sale going on right now with the coins they mentioned explicitly getting hit the most.

MATIC got beat up the hardest my gawd.

Sounds like you won't need to rush to buy the dip for the rest of the month.

 

[mplsdunk]

Yeah I’m not rushing on any crypto anymore.

I’m gonna get some sol though eventually.

RH is super scared of the government always. They live the opposite of their name.

 

[Air Champa]

Sol going back under $10.

All this red is probably just the beginning.

 

[mplsdunk]

I haven’t paid over 10 for sol since I sold my bag close to ath.

I like the coin but it’s volatile af so I’m gonna wait it out.

 

[Air Champa]

Yeah, sold my Sol when it was about $250.

Those were the days. Feels like an eternity ago at this point.

 

[mplsdunk]

Those were the days. Put a little money on a **** coin and wake up with 10k pay no taxes and cash out.

 

[ballinsam23]

Alt coin reckoning was bound to happen

Not touching alts until next bull run when all the **** goes up for dumb reasons such as having a good team.

 

[fapmasterjr]

Alt coin reckoning was bound to happen

Not touching alts until next bull run when all the **** goes up for dumb reasons such as having a good team.

shouldn't you be buying alts when its cheap and not in a bull run?

 

[ballinsam23]

shouldn't you be buying alts when its cheap and not in a bull run?

No because it just keeps going lower.

Im not looking for 10x or 100x gains which very very few actually get. 1-2x will do in a bull run.

BTC is the only thing I care about getting for cheap.

 

[ballinsam23]

Eth has been relatively stable ... Hasnt even broke 1.8k yet

Which is why its bound to happen imo. ETH needs to break to take down alts even further.

 

[Raji Lowenthal]

If Im putting money in crypto im looking for that 10 -100x. Plenty of safe investments to double my money.

 

[ballinsam23]

Plenty of safe investments to double my money

Please let us know which ones

 

[Raji Lowenthal]

Please let us know which ones

Gotta play the stock market too. There's some that have done 1x-2x numbers over the last 18 months.

 

[ballinsam23]

Gotta play the stock market too. There's some that have done 1x-2x numbers over the last 18 months.

If we cherry-pick the lows sure. No one is consistently doing 1-2xs in the short term.

 

[noskey]

Gotta play the stock market too. There's some that have done 1x-2x numbers over the last 18 months.

TSLA year to date is up 107%. If buying in before/during January you could cash out for double. META, NVDA, and I'm sure a handful of others that aren't jumping to mind, are up at least 100%. Not saying it's easy to time the market and double the money, or I'd be on アミーゴ 's level, but when volatile names are beat down you gotta take a risk (if legally allowed).

So with crypto and altcoins, I want a 5-10x.

 

[stuntman mike]

i don’t have a significant amount invested in crypto so i’m all in for some casino gains. thank goodness it’s my wife’s job to be smart with our money. i’m laughing at myself for how much unrealized gains i pissed away despite all the advice in here. it’s been great learning experience for sure but next bull run, i’ll probably do the exact same thing

 

[Raji Lowenthal]

If we cherry-pick the lows sure. No one is consistently doing 1-2xs in the short term.

Just options for those gains. My motivation for the riskier crypto is for the greater gains.

 

[D Double]

They always say the best buys are the ones that are most uncomfortable so I'm buying the dip but most of it will be ETH which is a hedge to the more riskier stuff I'm in that I hope will do the 5-10x.

 

[ballinsam23]

Buying the dip would have you down even more on 99% of alts though. Plus every bull run there’s a new top 10. You just never know which one makes it back.

Dot com bubble 2.0

Buying the dip on BTC makes sense though.

 

[stick]

Buying the dip would have you down even more on 99% of alts though. Plus every bull run there’s a new top 10. You just never know which one makes it back.

Dot com bubble 2.0

Buying the dip on BTC makes sense though.

The difference between the 2017 bull run and now is that today's coins/chains actually have real products and users. In 2017 coins were in the top 10 off of hopes and dreams. Obviously the market is still super speculative but I wouldn't be surprised if a solid amount of the top 20ish coins have some staying power going forward. I hear what you're saying though, buying alts is very risky especially with the lack of strength in the market.

But you can either buy down here/DCA, or try to time the relative bottom before a bull run. The problem with the latter though- if you miss the bottom and things start going parabolic, you'll be left waiting for the dip that you just faded for 2 years. Then you get tired of waiting and FOMO buy the top. Then you sell for a loss and tell everyone that crypto is a scam .

 

[fapmasterjr]

can't stress this enough....keep stacking now.....especially with bitcoin...just dca.

look at Blackrock today:

their game is getting old: suppress the price down so lettuce hands can sell....then big balls buy.

Follow the money...

BlackRock Close to Filing for Bitcoin ETF Application: Source

BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.

www.coindesk.com