BLOODY HELL ! I know I said I didnt understand crypto's so put a few quid in to see what happened but this is silly, it seem the whole world was waiting for me to invest before pulling the plug and nicking my £ lol
If we close the day around here then $44k might be possible - certainly would be the first time since October we’d have entered the 1day chart ichimoku cloud. Will mean a bit of ranging for a while with $44k being the bottom
If we close the day around here then $44k might be possible - certainly would be the first time since October we’d have entered the 1day chart ichimoku cloud. Will mean a bit of ranging for a while with $44k being the bottom
Just to add to this, if we close the day above the cloud/on the line I’d say we’re in a better shape. Bullish divergence on the 4hr
If we close the day around here then $44k might be possible - certainly would be the first time since October we’d have entered the 1day chart ichimoku cloud. Will mean a bit of ranging for a while with $44k being the bottom
Just to add to this, if we close the day above the cloud/on the line I’d say we’re in a better shape. Bullish divergence on the 4hr
And then when we all wake up we start crying again ;-)
Well aware of that, but if you're in this for a while then you should expect a few bears with the bulls.
If you're in for the long-term dollar cost averaging here totally the right thing to do. Though I'd be tempted to hedge short at 51,200ish if we touch. Saying that, inverse head and shoulders of sorts forming on the 15m, so who knows
Well aware of that, but if you're in this for a while then you should expect a few bears with the bulls.
If you're in for the long-term dollar cost averaging here totally the right thing to do. Though I'd be tempted to hedge short at 51,200ish if we touch. Saying that, inverse head and shoulders of sorts forming on the 15m, so who knows
I keep away from bitcoin, other then the odd little pick up with the unspent on the exchanges. Don't hedge, just buy and hodl, and collect income from staking
Well aware of that, but if you're in this for a while then you should expect a few bears with the bulls.
If you're in for the long-term dollar cost averaging here totally the right thing to do. Though I'd be tempted to hedge short at 51,200ish if we touch. Saying that, inverse head and shoulders of sorts forming on the 15m, so who knows
I keep away from bitcoin, other then the odd little pick up with the unspent on the exchanges. Don't hedge, just buy and hodl, and collect income from staking
I pulled everything from my zil staking contract 3 days ago and got 11 more days to wait... it'll be going straight into my binance account and I'm running it at a stopout of 100% profit from entry in Dec (providing that hasn't already been breached) not making the same mistakes i did in 2018 and handing everything back.
Saying that... I don't think we've topped out yet. But Tiktokers bragging of 10x on Safe Moon, ASS, and CumRocket is exactly the kind of top signal from last bull run
Saying that... I don't think we've topped out yet. But Tiktokers bragging of 10x on Safe Moon, ASS, and CumRocket is exactly the kind of top signal from last bull run
once tiktokers are going into presales and bragging about that - that's a top signal. I think the meme coins are the signal that we're into the second half of the bull run imo.
Saying that... I don't think we've topped out yet. But Tiktokers bragging of 10x on Safe Moon, ASS, and CumRocket is exactly the kind of top signal from last bull run
once tiktokers are going into presales and bragging about that - that's a top signal. I think the meme coins are the signal that we're into the second half of the bull run imo.
You don't need a successful presale anymore... before you could write a whitepaper full of buzzwords and made up bullshit and ride the wave of hype... this time around people are sending memecoins to multibillion marketcaps
Finally DEFLCT a bag I’ve been holding for a while is finally in profit - up 60% in the last 24 hrs and about to rebrand to PRISM with various pools opening.
This has a feeling of the Dot-com bubble to me. Massive gains on nothing more than speculation for a couple of years and then they all crashed and burned apart from a couple of survivors.
It was the only time I lost any serious money on the stock market because I ignored the rules about knowing and understanding what you are putting your money into.
The institutions and people that knew what they were doing may have got out in profit or relatively unscathed (I don't know), but I do know that those that didn't know what they were doing lost a lot.
I'm not having a dig at anyone, good luck to you all.
This has a feeling of the Dot-com bubble to me. Massive gains on nothing more than speculation for a couple of years and then they all crashed and burned apart from a couple of survivors.
It was the only time I lost any serious money on the stock market because I ignored the rules about knowing and understanding what you are putting your money into.
The institutions and people that knew what they were doing may have got out in profit or relatively unscathed (I don't know), but I do know that those that didn't know what they were doing lost a lot.
I'm not having a dig at anyone, good luck to you all.
That’s my instinct too. It all feels ‘emperors new clothes’ to me without being able to understand the underlying intrinsic value of all these different coins.
I’m likely wrong of corse but I can’t get in my head why it would be right these coins should gain so much value in so little time.
God luck to anyone who makes and gets out with a profit in excess of more traditional investments / trading options.
They are mainly gaining value because people are pumping money in pushing the price up, so more and more do it, pushing the prices ever higher. Until one day the smart people pull out with everyone's money. The question is are "investors" as smart as the experts?
It's a little like betting if everyone lumps on someone/something the price is altered. If the money gambled is based on nothing more than pure speculation you will likely lose. It makes no difference that everyone else has gambled on the same thing.
There’s always a risk, and I was only 18/19 in the dot.com bubble, so will always take advice from people that lived through it.
I would say this all very speculative for me, and I accept the risks. However, we are moving to an increasingly digital world. We just don’t know what technology is going to be dictating how we live 20 years from now.
It could be that all these institutional investors piling in will be a play on their part to push the price up, take the money and run. The more knowledge and reading I do, I think it’s worth putting money into.
I also think that it’s the next generation that will also be very focused on crypto and I have already engaged with a few kids who are very switched on and talk about this in a way I don’t think my generation did with paper money. It will be their generation in the future, so who knows what they will want to focus on
There’s always a risk, and I was only 18/19 in the dot.com bubble, so will always take advice from people that lived through it.
I would say this all very speculative for me, and I accept the risks. However, we are moving to an increasingly digital world. We just don’t know what technology is going to be dictating how we live 20 years from now.
It could be that all these institutional investors piling in will be a play on their part to push the price up, take the money and run. The more knowledge and reading I do, I think it’s worth putting money into.
I also think that it’s the next generation that will also be very focused on crypto and I have already engaged with a few kids who are very switched on and talk about this in a way I don’t think my generation did with paper money. It will be their generation in the future, so who knows what they will want to focus on
Exactly this. I have said my point re crypto and the fact that I think it will all end in tears. I put £1k into 5 different coins a few weeks back just to have an interest as my kids and literally all their friends are trading every day. When talking to them about it and telling them to be careful as they will wake up 1 day and their money will be gone their knowledge of blockchain and cryptocurrencies astounded me. It took me back to a conversation I had with my Dad ( RIP ) when I came home with a mobile phone the size of a brick which I bought on finance for £1800.00 he went mental saying they will never catch on lol
This has a feeling of the Dot-com bubble to me. Massive gains on nothing more than speculation for a couple of years and then they all crashed and burned apart from a couple of survivors.
It was the only time I lost any serious money on the stock market because I ignored the rules about knowing and understanding what you are putting your money into.
The institutions and people that knew what they were doing may have got out in profit or relatively unscathed (I don't know), but I do know that those that didn't know what they were doing lost a lot.
I'm not having a dig at anyone, good luck to you all.
Bubbles burst and don’t come back - this is simply cryptos market cycle. In 2017 we were told it was like tulip bulbs, but tulip bulbs bubble quickly burst and, fundamentally, the product changed and it never surfaced again, the crypto market has shown that it can suffer big dips and come back strong and still be in a macro upward trend over years.
The price will go back down significantly next year, but it’s lowest won’t go any lower than the $20,000 that was broken late last year.
Crypto and it’s speculative market is very much here to stay, but with each cycle the volatility will get less and less. Which means being able to make or lose significant amounts of money won’t be around forever.
There’s always a risk, and I was only 18/19 in the dot.com bubble, so will always take advice from people that lived through it.
I would say this all very speculative for me, and I accept the risks. However, we are moving to an increasingly digital world. We just don’t know what technology is going to be dictating how we live 20 years from now.
It could be that all these institutional investors piling in will be a play on their part to push the price up, take the money and run. The more knowledge and reading I do, I think it’s worth putting money into.
I also think that it’s the next generation that will also be very focused on crypto and I have already engaged with a few kids who are very switched on and talk about this in a way I don’t think my generation did with paper money. It will be their generation in the future, so who knows what they will want to focus on
I’m almost certain most things we’ll do on the internet and websites etc we use will be blockchain based in 20 years. The banking system will also be defi based. There’s some crypto/defi based banks that will have products here in the Uk in a few months that will offer interest rates of 2-3%, which is significantly more than any other bank account you can get now.
Much to Bitcoin maximalists chagrin - it will ultimately be banks and governments that will utilise crypto, both for taxes and a UBI. Information and data is now worth more than the oil industry, imagine if you could get a share of that? Crypto is the key to opening that door.
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Massive gains on nothing more than speculation for a couple of years and then they all crashed and burned apart from a couple of survivors.
It was the only time I lost any serious money on the stock market because I ignored the rules about knowing and understanding what you are putting your money into.
The institutions and people that knew what they were doing may have got out in profit or relatively unscathed (I don't know), but I do know that those that didn't know what they were doing lost a lot.
I'm not having a dig at anyone, good luck to you all.
https://en.wikipedia.org/wiki/Dot-com_company
Until one day the smart people pull out with everyone's money.
The question is are "investors" as smart as the experts?
It's a little like betting if everyone lumps on someone/something the price is altered.
If the money gambled is based on nothing more than pure speculation you will likely lose.
It makes no difference that everyone else has gambled on the same thing.
I also think that it’s the next generation that will also be very focused on crypto and I have already engaged with a few kids who are very switched on and talk about this in a way I don’t think my generation did with paper money. It will be their generation in the future, so who knows what they will want to focus on
The price will go back down significantly next year, but it’s lowest won’t go any lower than the $20,000 that was broken late last year.
Crypto and it’s speculative market is very much here to stay, but with each cycle the volatility will get less and less. Which means being able to make or lose significant amounts of money won’t be around forever.
I’m almost certain most things we’ll do on the internet and websites etc we use will be blockchain based in 20 years. The banking system will also be defi based. There’s some crypto/defi based banks that will have products here in the Uk in a few months that will offer interest rates of 2-3%, which is significantly more than any other bank account you can get now.