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re: Official CryptoTalk Thread

Posted on 1/20/21 at 8:09 am to
Posted by bluebarracuda
Member since Oct 2011
19121 posts
Posted on 1/20/21 at 8:09 am to
We've had worse dips this month and something similar this past week.

It's definitely not "crashing" yet
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/20/21 at 8:17 am to
Lol ok, better sell then.

I’ll buy your bags
Posted by AUCE05
Member since Dec 2009
44644 posts
Posted on 1/20/21 at 8:18 am to
It is coming doe. Let's not fool ourselves here.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/20/21 at 8:23 am to
I’m glad people in here are concerned about losing money and not picking out lambos yet. Because that means you should be smart enough to take profits and also realize that we are still early in this market. We haven’t come anywhere close to the real highs here. And if you don’t believe that, sell when you’re up and take your money when you can
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
19080 posts
Posted on 1/20/21 at 8:28 am to
New to this crypto game but have been watching for a little while. Made fun of it in 2013 which like most, kicking myself over it. Decided to jump in and put some Money down yesterday. Was waiting for a dip bought when I thought the time was right. Overnight it dipped like I wanted, go figure. Will see what happens
Posted by AUCE05
Member since Dec 2009
44644 posts
Posted on 1/20/21 at 8:33 am to
I am out minus my BTC/ETH.
Posted by bluebarracuda
Member since Oct 2011
19121 posts
Posted on 1/20/21 at 8:34 am to
quote:

It is coming doe. Let's not fool ourselves here.



And it'll rise to new highs in the future afterwards.
This post was edited on 1/20/21 at 8:34 am
Posted by AUCE05
Member since Dec 2009
44644 posts
Posted on 1/20/21 at 8:35 am to
No doubt.
Posted by rocket31
Member since Jan 2008
41880 posts
Posted on 1/20/21 at 8:58 am to
btc is up 45% in the last month...
Posted by lsu777
Lake Charles
Member since Jan 2004
36508 posts
Posted on 1/20/21 at 9:22 am to
quote:

btc is up 45% in the last month...



Guess I look at the btc market different. I think it has settled in that anything below 35 is bearish imo.

I think it drops to right below 30 and setups a new support line before running up to 50k in the March April time frame.

And I'm out besides buying some dot this morning. Will grab link if it's below 20.

Grt below .45, I still have a little xlm and will grab more if it gets to .26 again.
This post was edited on 1/20/21 at 9:24 am
Posted by lsu777
Lake Charles
Member since Jan 2004
36508 posts
Posted on 1/20/21 at 9:24 am to
As soon as I say that, link dropped below 20. Will keep a close eye on it
Posted by Pooswa
Member since Jul 2018
249 posts
Posted on 1/20/21 at 11:28 am to
Looking to get into this .. is the info on first post of this thread still the best way to get into crypto?

Any other recs on how to get started?
Thanks
Posted by lsu777
Lake Charles
Member since Jan 2004
36508 posts
Posted on 1/20/21 at 1:12 pm to
Setup a coinbase account, verify and link to your bank account.
Posted by lsu777
Lake Charles
Member since Jan 2004
36508 posts
Posted on 1/20/21 at 1:50 pm to
And I should have listened to bitboy and not got so worried about the dump. He said it was just whales manipulating the market and imstead I listened to others that freaked when it fell below the support line.
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
19080 posts
Posted on 1/20/21 at 2:02 pm to
Do y’all think bitcoin will hit 100k this year with Ethereum following the same upward trend?

Posted by keakdasneak
Member since Dec 2006
7185 posts
Posted on 1/20/21 at 2:04 pm to
quote:

Looking to get into this .. is the info on first post of this thread still the best way to get into crypto?

Any other recs on how to get started?
Thanks


If I were starting right now I would set up a daily auto buy of $x in BTC on CashApp. I would then open an account on BlockFi and transfer my BTC once it's above $200-500 in the CashApp. If you are talking much larger amounts then the advice would be different, but that's how I'd start as a noob right now.
Posted by AUCE05
Member since Dec 2009
44644 posts
Posted on 1/20/21 at 2:07 pm to
No.
Posted by mule74
Watersound Beach
Member since Nov 2004
12416 posts
Posted on 1/20/21 at 2:08 pm to
quote:

I’m glad people in here are concerned about losing money and not picking out lambos yet. Because that means you should be smart enough to take profits and also realize that we are still early in this market. We haven’t come anywhere close to the real highs here. And if you don’t believe that, sell when you’re up and take your money when you can


I’m not picking out Lambo’s, but I’m also not selling. I made an initial investment of $12,000 Combined in BTC and ETH in May. Obviously that has made a tremendous return, but I have bought more BTC every time it’s dipped below $35,000 and made an equivalent 25% purchase in ETC each time.

I don’t care if we go to $20,000 in the next three months. I can’t predict what’s going to happen in the next three months. But I am making a bet that BTC will be worth $100,000+ in the next four or five years. I’m not going to buy a Lambo, but I’m going to add to my nest egg and possibly pay off my home.
This post was edited on 1/20/21 at 6:00 pm
Posted by Yellerhammer5
Member since Oct 2012
10960 posts
Posted on 1/20/21 at 2:31 pm to
quote:

I don’t care if we go to $20,000 in the next three months


God help my bank account if we do.

Posted by boomtown143
Member since May 2019
9407 posts
Posted on 1/20/21 at 2:33 pm to
quote:

I’m not going to buy a Lambo, but I’m going to add to my nest egg and possibly pay off my home.


I'm in the same position.

I've made a lot on HEX so far. I don't plan on selling for a while. I'm gaining a lot of shares from my stakes (more $$)
This post was edited on 1/20/21 at 2:34 pm
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