If am defo in for some at 42k. Some analysts think the lowest might by 36-38k. For context, BTC was below 38k on 8th Feb THIS YEAR (18 days ago) so there is some way to go in the dip I think.
To put into context. People happily buy a new car, knowing that as they drive away, their purchase has dropped anything from 10-20% in value. Who would invest in anything else with this scenario. At least with Crypto I understand the risks, but it is guaranteed to rise and fall. How much is a complete lottery.
As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
To put into context. People happily buy a new car, knowing that as they drive away, their purchase has dropped anything from 10-20% in value. Who would invest in anything else with this scenario. At least with Crypto I understand the risks, but it is guaranteed to rise and fall. How much is a complete lottery.
As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
To put into context. People happily buy a new car, knowing that as they drive away, their purchase has dropped anything from 10-20% in value. Who would invest in anything else with this scenario. At least with Crypto I understand the risks, but it is guaranteed to rise and fall. How much is a complete lottery.
As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
A simple yes/no would be interesting?
A financial adviser would say definitely not. It depends whether you are willing to lose most of it on the basis you might also make a lot. No one sensible would advise putting your pension lump sum into crypto, unless you are happy with the possibility of losing your pension.
To put into context. People happily buy a new car, knowing that as they drive away, their purchase has dropped anything from 10-20% in value. Who would invest in anything else with this scenario. At least with Crypto I understand the risks, but it is guaranteed to rise and fall. How much is a complete lottery.
As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
To put into context. People happily buy a new car, knowing that as they drive away, their purchase has dropped anything from 10-20% in value. Who would invest in anything else with this scenario. At least with Crypto I understand the risks, but it is guaranteed to rise and fall. How much is a complete lottery.
As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
A simple yes/no would be interesting?
no.
I mean, if i was to come into some money... I'd probably put it into a stablecoin lending platform like AAVE and get ~10% APY interest which outperforms any savings account (its basically what a lot of crypto traders are going to do after this bullrun). But i wouldn't really recommend doing that if you're a novice to crypto.
"a great time to accumulate". spot on, buy low and sell high on your chosen coins (easier said than done) and then you'll benefit in a couple of months.
Don’t suppose anyone uses chartalerts.io? $20 a month and scans the whole Binance spot for indicators so you don’t need to spend time traipsing through charts all the time
edit: holy crap you can get it for free if you sign up to FTX through their referral link. Suhhh weet
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As a thought, is there anyone here that would lump heavy on crypto if they came into a large amount of money eg Pension mature / inheritance?
A simple yes/no would be interesting?
It depends whether you are willing to lose most of it on the basis you might also make a lot.
No one sensible would advise putting your pension lump sum into crypto, unless you are happy with the possibility of losing your pension.
I mean, if i was to come into some money... I'd probably put it into a stablecoin lending platform like AAVE and get ~10% APY interest which outperforms any savings account (its basically what a lot of crypto traders are going to do after this bullrun). But i wouldn't really recommend doing that if you're a novice to crypto.
Good analysis on btc
edit: holy crap you can get it for free if you sign up to FTX through their referral link. Suhhh weet