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OT any of you investing in Cryptocurrencies?

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Re: OT any of you investing in Cryptocurrencies? 

Post#1621 » by Garbagelo » Tue Feb 23, 2021 3:17 am

crypto will consistently have massive dips as long as mercurial whales hold a large amount of coins

it isn't until we have a large number of institutional investors that the volatility will be lower
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Re: OT any of you investing in Cryptocurrencies? 

Post#1622 » by frothbrain » Tue Feb 23, 2021 4:11 am

crypto has a future but it's not btc and eth.

Writing is on the wall if you've been listening to what Big Democrat voices like Yellen and Gates have been saying.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1623 » by Stannis » Tue Feb 23, 2021 10:50 am

KSM holding well
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Re: OT any of you investing in Cryptocurrencies? 

Post#1624 » by Grinditout » Tue Feb 23, 2021 1:11 pm

Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1625 » by Starks » Tue Feb 23, 2021 1:42 pm

Bought a couple hundreds DOGE a few days ago just for fun, and BNB because I think it'll steadily grow over the coming months.

But I stupidly bought CRO yesterday right after they burnt 70 billion tokens and it skyrocketed. Obviously buying it at this moment was a dumb idea but the crazy increase got me.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1626 » by Stannis » Tue Feb 23, 2021 2:10 pm

Grinditout wrote:Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.

Is falling from 60k to 50k that huge of a dip to buy more though? It was just 10k in September. Everyone should still be sitting pretty unless you went all in at the top.

I'm still just DCAing which is 200 bucks a week in BTC, 200 in ETH, and 100 in DOT. It's not much, but what I can afford and be comfortable with lol. If it for some reason goes below 10k, that's when I will splurge.

Only thing that worries me is power consumption and hardware required to mine BTC and other Crypto. I'm afraid this administration will enforce some kind of tax or maybe even some laws. Politicians have been in big oil and other toxic sectors for the longest time, now they have their scapegoat (Crypto) to shift the carbon-footprint blame on.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1627 » by robillionaire » Tue Feb 23, 2021 3:29 pm

Grinditout wrote:Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.


This is not “blood in the water” Blood in the water was back on page 70-71 of this thread and the posts in late 2018 with 7 month gaps between posts. You’ll know what blood in the water is when you can’t find this thread anymore and people in states of euphoria are no longer advising to buy dips :lol:
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Re: OT any of you investing in Cryptocurrencies? 

Post#1628 » by Stannis » Tue Feb 23, 2021 3:50 pm

robillionaire wrote:
Grinditout wrote:Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.


This is not “blood in the water” Blood in the water was back on page 70-71 of this thread and the posts in late 2018 with 7 month gaps between posts. You’ll know what blood in the water is when you can’t find this thread anymore and people in states of euphoria are no longer advising to buy dips :lol:


Yeah, "blood in the water" is when buying dips are fckin scary because you have no faith in the market anymore. Same thing with Crypto. There was a gap and dry spell where lot of people thought it was done. That was the time to buy. We might see it again if the dems attack Bitcoin for their power usage and hogging all the Nvidia GPUs.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1629 » by KnixtapeH20 » Tue Feb 23, 2021 7:02 pm

frothbrain wrote:crypto has a future but it's not btc and eth.

Writing is on the wall if you've been listening to what Big Democrat voices like Yellen and Gates have been saying.

Dont believe that. This is simply price correction and people freaking out bc they cant handle the big dumps.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1630 » by KnixtapeH20 » Tue Feb 23, 2021 7:04 pm

Stannis wrote:
Grinditout wrote:Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.

Is falling from 60k to 50k that huge of a dip to buy more though? It was just 10k in September. Everyone should still be sitting pretty unless you went all in at the top.

I'm still just DCAing which is 200 bucks a week in BTC, 200 in ETH, and 100 in DOT. It's not much, but what I can afford and be comfortable with lol. If it for some reason goes below 10k, that's when I will splurge.

Only thing that worries me is power consumption and hardware required to mine BTC and other Crypto. I'm afraid this administration will enforce some kind of tax or maybe even some laws. Politicians have been in big oil and other toxic sectors for the longest time, now they have their scapegoat (Crypto) to shift the carbon-footprint blame on.

41-42 even 45 still a great number to buy it at. You'll have those opportunities this week. Hit 44 last night, well early this morning.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1631 » by Garbagelo » Tue Feb 23, 2021 11:11 pm

robillionaire wrote:
Grinditout wrote:Buy the dip my dudes, you make money when there is blood in the water. Wish I had more reserved to buy the bigger dip today lol.


This is not “blood in the water” Blood in the water was back on page 70-71 of this thread and the posts in late 2018 with 7 month gaps between posts. You’ll know what blood in the water is when you can’t find this thread anymore and people in states of euphoria are no longer advising to buy dips :lol:


Yep this is usually when I load up on bitcoin, eth and other top coins with actual adoption

However, with alts, it is all a momentum trade. If I buy a dead alt it sometimes just stays dead even during a crazy bull market :lol: .
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Re: OT any of you investing in Cryptocurrencies? 

Post#1632 » by Grinditout » Wed Feb 24, 2021 8:19 pm

Better buy some more now before the stimulus hits and crypto starts pumping again
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Re: OT any of you investing in Cryptocurrencies? 

Post#1633 » by omerome » Wed Feb 24, 2021 8:45 pm

GME is trending up again.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1634 » by bringbackhoffa » Wed Feb 24, 2021 10:05 pm

omerome wrote:GME is trending up again.


to the moon!!
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Re: OT any of you investing in Cryptocurrencies? 

Post#1635 » by Garbagelo » Wed Feb 24, 2021 11:38 pm

omerome wrote:GME is trending up again.


wrong thread lol
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Re: OT any of you investing in Cryptocurrencies? 

Post#1636 » by Grinditout » Wed Feb 24, 2021 11:44 pm

Charts not looking good, possibly more dips coming
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Re: OT any of you investing in Cryptocurrencies? 

Post#1637 » by NYKinMIA » Fri Feb 26, 2021 4:39 pm

Grinditout wrote:Charts not looking good, possibly more dips coming

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Re: OT any of you investing in Cryptocurrencies? 

Post#1638 » by Grinditout » Fri Feb 26, 2021 5:31 pm

If anyone new to this, just hodl and look at the January charts
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Re: OT any of you investing in Cryptocurrencies? 

Post#1639 » by Garbagelo » Fri Feb 26, 2021 10:30 pm

Grinditout wrote:Charts not looking good, possibly more dips coming


The lower this dips, the higher it rebounds
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Re: OT any of you investing in Cryptocurrencies? 

Post#1640 » by NYKinMIA » Sun Feb 28, 2021 9:44 pm

Garbagelo wrote:
Grinditout wrote:Charts not looking good, possibly more dips coming


The lower this dips, the higher it rebounds

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