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05-26-2021, 06:54 PM | #2986 | |
MVP
Join Date: Jan 2013
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Posts: 10,787
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05-26-2021, 06:59 PM | #2987 | ||
Mammoth penis
Join Date: May 2006
Location: Springfield
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Posts: 11,434
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05-26-2021, 07:19 PM | #2988 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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My fear and hesitation of ever investing in Bitcoin was the Government.
Early on didn't understand and thought a scam but it quickly passed to the governments losing control of money supply. |
Posts: 52,466
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05-26-2021, 07:36 PM | #2989 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
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Posts: 16,278
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05-26-2021, 07:38 PM | #2990 | |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Quote:
If I had a dollar for every time Seeking Alpha is dead wrong on something I'd be able to buy all the Bitcoin that's been mined since 2009. I've had a SA membership ever since I started trading for a living. It's free, and I still feel like I'm getting screwed. They're almost as big of a joke as Investor's Business Daily and the Wall Street Journal. |
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Posts: 13,706
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05-26-2021, 07:46 PM | #2991 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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You’ll find takes to match any position on an investment. Lol |
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Posts: 46,122
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05-26-2021, 08:21 PM | #2992 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Posts: 13,706
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05-26-2021, 10:04 PM | #2993 |
Would an idiot do that?
Join Date: Nov 2000
Location: Arizona
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"Seeking Alpha" is one of the most beta things I've ever read.
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Posts: 57,010
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05-27-2021, 03:32 AM | #2994 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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05-27-2021, 07:08 AM | #2995 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Feels weird not owning Bitcoin. Cut it once support at $55k cracked. Was expecting a pullback but not this big of one. Still have a few hundred shares of GBTC, but that's my only exposure to Bitcoin currently. On this dip I bought Ethereum instead. In the same way I think Silver has higher % growth potential than Gold, I think Ethereum has higher % growth potential than Bitcoin for the rest of this cycle. You never know, I could be wrong. I still obviously think Bitcoin and Gold are outstanding investments, but this cycle I'm gonna ride Ethereum and expect the top of the current cycle this Nov/Dec, same as Bitcoin. My average on ETH is just above $2300. Got in a little too soon, could've timed it a little better, but I'm very happy with my entries.
Also been trading MATIC this week. Going to be a ton of opportunity in altcoins between now and the end of the year. |
Posts: 13,706
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05-27-2021, 07:31 AM | #2996 | |
Banned
Join Date: Jan 2013
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Good to see you around again. |
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Posts: 53,803
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05-27-2021, 07:32 AM | #2997 | |
MVP
Join Date: Jun 2004
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Posts: 6,935
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05-27-2021, 07:46 AM | #2998 | |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Quote:
Watching ICP today. Looking for a bounce to near $200, risking 120-130 area. ICP is a recent uplist to Coinbase. Higher market cap but never got to see a Coinbase Effect because of the pull back last week. |
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Posts: 13,706
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05-27-2021, 09:22 AM | #2999 | |
Mortgage the Future Please
Join Date: Apr 2006
Location: Diontae Johnson dreamland
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For me, it was when the hippies started coming down on bitcoin and putting the full court press on famous people & large companies who owned it - effectively trying to cancel it. Hippies ruin everything. I think it's still reasonable to be bullish on BTC in the long game though but I'm definitely less confident in that statement now more than ever. Years from now it may be 85k and we may not think that is even alot due to the cyclical nature and ebbs and flows of the market. I mean, I'd still rather be in on the big boy coins like BTC and ETH during recessionary crypto times unless you are a wizard trader. Last edited by BWillie; 05-27-2021 at 09:28 AM.. |
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Posts: 48,977
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05-27-2021, 07:49 PM | #3000 |
Starter
Join Date: Oct 2018
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Yeah, and this probably isn’t the first time this anonymous person wrote a similar article.
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