OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
- ZKnicks
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Re: OT any of you investing in Cryptocurrencies?
How's everyone holding up these last few days? lol
Re: OT any of you investing in Cryptocurrencies?
- ITGM
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Re: OT any of you investing in Cryptocurrencies?
ZKnicks wrote:How's everyone holding up these last few days? lol
It hurts
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
ITGM wrote:ZKnicks wrote:How's everyone holding up these last few days? lol
It hurts
Seriously.
At this point I've got to laugh.What else can I do?
Put a little more fiat in today just cause the prices were so damn good. Think this will be my last investment for a while though.
Hope we pull out of this soon. A few people I know personally and trust in the financial world (who are now very into blockchain/crypto) feel that institutional money is right about ready to jump in to the market. I sure as hell hope so...
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
ZKnicks wrote:ITGM wrote:ZKnicks wrote:How's everyone holding up these last few days? lol
It hurts
Seriously.
At this point I've got to laugh.What else can I do?
Put a little more fiat in today just cause the prices were so damn good. Think this will be my last investment for a while though.
Hope we pull out of this soon. A few people I know personally and trust in the financial world (who are now very into blockchain/crypto) feel that institutional money is right about ready to jump in to the market. I sure as hell hope so...
Institutional money is what’s causing this, they’re coming in and keep prices low so they can accumulate. Best is retail investor can do is hold. Don’t worry everything will be flying soon.
Re: OT any of you investing in Cryptocurrencies?
- EnigmatiC
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Re: OT any of you investing in Cryptocurrencies?
nah this is great I haven't been f*cked like this in a long time
Re: OT any of you investing in Cryptocurrencies?
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- RealGM
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Re: OT any of you investing in Cryptocurrencies?
ZKnicks wrote:ITGM wrote:ZKnicks wrote:How's everyone holding up these last few days? lol
It hurts
Seriously.
At this point I've got to laugh.What else can I do?
Put a little more fiat in today just cause the prices were so damn good. Think this will be my last investment for a while though.
Hope we pull out of this soon. A few people I know personally and trust in the financial world (who are now very into blockchain/crypto) feel that institutional money is right about ready to jump in to the market. I sure as hell hope so...
No we’re not.
Didn’t I say this earlier in this thread?
Re: OT any of you investing in Cryptocurrencies?
- robillionaire
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Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
Forbes wrote:ZKnicks wrote:ITGM wrote:
It hurts
Seriously.
At this point I've got to laugh.What else can I do?
Put a little more fiat in today just cause the prices were so damn good. Think this will be my last investment for a while though.
Hope we pull out of this soon. A few people I know personally and trust in the financial world (who are now very into blockchain/crypto) feel that institutional money is right about ready to jump in to the market. I sure as hell hope so...
Institutional money is what’s causing this, they’re coming in and keep prices low so they can accumulate. Best is retail investor can do is hold. Don’t worry everything will be flying soon.
Money isn’t in this like you think it is.
It’s going to be awhile.
Some people are looking at it(like me) but it’s way too volatile. It’s all very new.
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
The smart money is in salt mining the internets.
There's plenty of that around.
There's plenty of that around.
Re: OT any of you investing in Cryptocurrencies?
- ZKnicks
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Re: OT any of you investing in Cryptocurrencies?
Greenie wrote:No we’re not.
Didn’t I say this earlier in this thread?
We will see. There is a lot of money out there and it comes from many different sectors.
I know one area that is genuinely interested and has already started investing.
Yes, it is still early in the game. I think a lot more regulation has to come for most of the big money to enter the market, but I do believe it will come.
I'm not expecting much out of the market until 4th quarter 2018 at least.
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
Looks like Bitcoin has been trying to exit its bear market. Not sure what the recent up market means (bounce or exit of bear) and time will tell.
There is talk of an ETF (Exchange Traded Fund) coming for Bitcoin, as soon as August, though I would bet on later this year and into next year. Basically, there would be"real" (lol) Bitcoin in cold storage to back the fund, so that would increase demand many fold from current levels - talking VERY VERY VERY BIG MONEY. This is what takes Bitcoin to 50k, 100k and eventually 1 million. Bookmark this, though it will take years to unfold.
When an ETF does come we can look to what an ETF did to gold. (chart below) And the recent Bitcoin price movements are in part, perhaps in large part, due to this. There are many respectable Youtubers who claim to knowing a few people who say bigger money has been coming in. When it does really enter, there will be no doubt. (e.g. Decentralized TV, amongst others, have mentioned this. https://www.youtube.com/channel/UCueLJ4vLHTwMpYILmdBjRlg/videos)
The alt market is melting. I thought of rotating more into Bitcoin but I'm gonna stick at around 25% Bitcoin. If you are a trader and Bitcoin breaks out here, it is anyone's guess WHEN alts follow. And something to consider, Bitcoin will be the first ETF, but WHEN will LTC, DGB, etc. follow? Just a matter of time...
There is talk of an ETF (Exchange Traded Fund) coming for Bitcoin, as soon as August, though I would bet on later this year and into next year. Basically, there would be"real" (lol) Bitcoin in cold storage to back the fund, so that would increase demand many fold from current levels - talking VERY VERY VERY BIG MONEY. This is what takes Bitcoin to 50k, 100k and eventually 1 million. Bookmark this, though it will take years to unfold.
When an ETF does come we can look to what an ETF did to gold. (chart below) And the recent Bitcoin price movements are in part, perhaps in large part, due to this. There are many respectable Youtubers who claim to knowing a few people who say bigger money has been coming in. When it does really enter, there will be no doubt. (e.g. Decentralized TV, amongst others, have mentioned this. https://www.youtube.com/channel/UCueLJ4vLHTwMpYILmdBjRlg/videos)
The alt market is melting. I thought of rotating more into Bitcoin but I'm gonna stick at around 25% Bitcoin. If you are a trader and Bitcoin breaks out here, it is anyone's guess WHEN alts follow. And something to consider, Bitcoin will be the first ETF, but WHEN will LTC, DGB, etc. follow? Just a matter of time...
Re: OT any of you investing in Cryptocurrencies?
- Im Coming Home
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Re: OT any of you investing in Cryptocurrencies?
Just holding my Cardano and Tron til the end Tbh. No sense in dropping it now. Though I am tempting to grab some partial bitcoin as a safety
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Re: OT any of you investing in Cryptocurrencies?
- ITGM
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Re: OT any of you investing in Cryptocurrencies?
Im Coming Home wrote:Just holding my Cardano and Tron til the end Tbh. No sense in dropping it now. Though I am tempting to grab some partial bitcoin as a safety
I moved half of my Tron position to Cardano when ADA was 13 cents. However currently, I've been deliberating on wether or not I should move that position to BTC for the impending bull run.
Have you participated in Tron's Super Representative elections? I hear they're incentivizing votes with tons of free coins as a reward.
Re: OT any of you investing in Cryptocurrencies?
- Im Coming Home
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Re: OT any of you investing in Cryptocurrencies?
ITGM wrote:Im Coming Home wrote:Just holding my Cardano and Tron til the end Tbh. No sense in dropping it now. Though I am tempting to grab some partial bitcoin as a safety
I moved half of my Tron position to Cardano when ADA was 13 cents. However currently, I've been deliberating on wether or not I should move that position to BTC for the impending bull run.
Have you participated in Tron's Super Representative elections? I hear they're incentivizing votes with tons of free coins as a reward.
Nope, I'm very casual with my crypto. I hardly even know that much about it, just found 2 coins I believe in (mostly really believe in cardano) and kind've just stuck with them because I don't have much money to play with. Hoping to get some nice returns by being patient and holding them for 2-3 years or so.
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PG: Cunningham | Suggs |
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SF: Griffin | Reddish
PF: Avdija | Prince| Bertans
C: Lively II | Smith
Re: OT any of you investing in Cryptocurrencies?
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- Sixth Man
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Re: OT any of you investing in Cryptocurrencies?
So... How ya'll pro-crypto folks doing?
Re: OT any of you investing in Cryptocurrencies?
- ITGM
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Re: OT any of you investing in Cryptocurrencies?
ArtMorte wrote:So... How ya'll pro-crypto folks doing?
Re: OT any of you investing in Cryptocurrencies?
- robillionaire
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Re: OT any of you investing in Cryptocurrencies?
I was kinda wondering when this was going to surface
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
Don't say I didn't try to warn you.
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
reub wrote:Don't say I didn't try to warn you.
I hope people didn’t lose a bunch here. They were really banking on finance guys to come in. No thanks.
Re: OT any of you investing in Cryptocurrencies?
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Re: OT any of you investing in Cryptocurrencies?
Greenie wrote:reub wrote:Don't say I didn't try to warn you.
I hope people didn’t lose a bunch here. They were really banking on finance guys to come in. No thanks.
I got suspended once when I warned people about crypto by a moderator who will remain nameless. Sad.