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re: Another Crypto network imploding (Celsius)

Posted on 6/18/22 at 3:39 pm to
Posted by Jon Ham
Member since Jun 2011
28699 posts
Posted on 6/18/22 at 3:39 pm to
quote:

This is a good time for the folks that hate on it because they missed it "early" to get in.


Besides the fact it’s way down from where it was, how do you know this is a good price?

edit: Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.
This post was edited on 6/18/22 at 3:41 pm
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
9739 posts
Posted on 6/18/22 at 3:44 pm to
quote:

Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.


If you didn't believe in it at 60k, why do you believe in it at under 18k?

Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 6/18/22 at 3:52 pm to
I mainly only believe in bitcoin. It's a decent price I think because you see the trend. It was omg, it dipped below $20 years ago, omg it dipped below $200 years ago, omg it dipped below $2000 years ago, and now it's omg, it dipped below 20k.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10451 posts
Posted on 6/18/22 at 4:16 pm to
quote:

Besides the fact it’s way down from where it was, how do you know this is a good price?

edit: Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.


I love this investment strategy. Why close the door on any investments unless it's illegal?

No one knows where the prices stops dipping. Bitcoin has only existed during the longest bull run in history. We have seen multiple 85%+ drops history. It's safe to start there.

21 Jump Street, I know you Bitcoin maxis shun everything else, but everything is running through ETH these days and these newer networks have tons of development on them that doesn't even exist on ETH and can't exist on ETH due to high network fees. It's why Solana is so popular - blazing fast and cheap.
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