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re: Official CryptoTalk Thread

Posted on 2/22/21 at 8:59 am to
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/22/21 at 8:59 am to
quote:

I'm late to the game, bought in BTC around $33k and enjoyed the rise. Since, I have tried researching some ALTs and have put in a few hundred on GRT, LINK, ALGO, & NU.

Seems like you can easily get into an echo chamber researching any of these. I'd like to put some more $ in somewhere, possibly with a comma (but don't mind splitting it up). Any advice where to get smart or what looks promising. Trying to separate the noise and the pump.


100% that can happen.

Look at

ADA
DOT
KCS
UNFI
Front
BNB
Cake



What kind of timeframe you looking for here? Short, Medium, Long?

short term would be like 6 weeks or less
medium would be 6 months or less
long would be anything above that

Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/22/21 at 9:10 am to
quote:

That was a pretty bizarre collective nosedive right around 9:20ish AM. They've all started rebounding since then.


shaking out leveraged accounts
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 2/22/21 at 9:12 am to
Ah the naysayers out in full force with bitcoin now only +12% 7 days and +70% 1 month
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 2/22/21 at 9:15 am to
quote:

Over the last month is BTC and almost all other meaningful alt coins up in price? Even on this dip?


BTC is still up 11% in the last 7 days.

This dip was weak. Let's see a real pull back before the bears start beating their chests
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/22/21 at 9:16 am to
Currently down 6.5% and some think we are in the middle of a crash.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/22/21 at 9:20 am to
BITCOIN CRASHES TO $53,000 WE HAVENT SEEN THIS PRICE SINCE... FRIDAY!!!!

This post was edited on 2/22/21 at 9:25 am
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/22/21 at 9:28 am to
ill be honest, I have stop loss sells set up and I honestly hope we see a big 25% or so pull back today as I have the ability to make money on that kind of dip, serious money and would allow me to have a good buying opp for my whole portfolio. I know others are different though and get freaked out.

if we hit 24 hour lows again, it would help me big time. I already locked in profit before the dip, bought back in(not close to the lows) and already locked in profit again.
This post was edited on 2/22/21 at 9:30 am
Posted by zzgobucky
Madison
Member since Sep 2016
1823 posts
Posted on 2/22/21 at 9:29 am to
quote:

BITCOIN CRASHES TO $53,000 WE HAVENT SEEN THIS PRICE SINCE... FRIDAY!!!!


If this makes dumbasses like Fox happy let him enjoy this. That dude obviously got bit by the 2017 crash and now is salty AF
Posted by UnluckyTiger
Member since Sep 2003
42178 posts
Posted on 2/22/21 at 9:29 am to
I wish everything would retrace 50% to be honest.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/22/21 at 9:30 am to
Anyone in it for the long term hopes we see healthy corrections. Idiots think as soon as it stops going straight up it means it’s crashing to 0
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/22/21 at 9:30 am to
BTC was really reaching some critical points. This pullback is good. Keep a healthy train moving.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/22/21 at 9:31 am to
you know a lot of salty no coiners follow this thread everyday waiting for the "crash" moment
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/22/21 at 9:33 am to
quote:

stated a while back, we would never see sub 40k BTC again....guess what....I was right. After we break 65k we will never see 50k again.


You guys keep saying this, but it's entirely possible Bitcoin takes a 50%+ dump. It doesn't take a genius to see that.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/22/21 at 9:34 am to
There’s too much institutional money vs retail money now. I don’t think we see that big of a pullback
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 2/22/21 at 9:36 am to
quote:

You guys keep saying this, but it's entirely possible Bitcoin takes a 50%+ dump. It doesn't take a genius to see that.


Its also possible USA turns socialist!
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/22/21 at 9:36 am to
quote:

You guys keep saying this, but it's entirely possible Bitcoin takes a 50%+ dump. It doesn't take a genius to see that.


I would agree if it was just retail pushing this up, but its not.

I still do not think we ever see sub 40k again. I mean I wouldnt mind lol, but not gonna happen.
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/22/21 at 9:37 am to
quote:

I wish everything would retrace 50% to be honest


Very well could. I don't think we are quite there yet though.
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/22/21 at 9:40 am to
quote:


I would agree if it was just retail pushing this up, but its not


There are more institutions involved, but the primary driver of these insane bull runs is leverage enabled by USDT printing, not a couple billion in institutional money. It would take a lot more institutional money than what we've seen so far to shore up bitcoin above 50k.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/22/21 at 9:41 am to
people speak their portfolio keep that in mind
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/22/21 at 9:42 am to
quote:

these insane bull runs is leverage enabled by USDT printing, 


right on cue with the tard logic
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