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re: Official CryptoTalk Thread

Posted on 2/22/21 at 2:20 pm to
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6944 posts
Posted on 2/22/21 at 2:20 pm to
Anyone bought any cryptos on the dip this morning? Damage is:

Bitcoin Cash - 4.38 to give me a total of 5

LINK - 47 to give a total of 300.

Missed out on Cardano, Litecoin and Theta.
Posted by finchmeister08
Member since Mar 2011
39874 posts
Posted on 2/22/21 at 2:23 pm to
it appears that everything is going back up but for some reason, i have a feeling it will dip again tonight. but i haven't dabbled in this enough to really know for sure.
Posted by burgeman
Member since Jun 2008
10525 posts
Posted on 2/22/21 at 2:23 pm to
Grabbed grt and a tiny bit of link
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 2/22/21 at 2:29 pm to
No but I made sure I freed up some cash just in case it goes lower. Honestly I think I'm set with the about I want to sink into crypto, so I'm trying to be really disciplined and only buy more if it gets really low.
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/22/21 at 2:30 pm to
quote:

id be fine with that, id actually like $40k to scare everyone out


doesnt look like that is going to happen right now. I had another analysis I saw that at 51 whatever it was...was the bottom.

Might get anther dip from asia in middle of the night though.

I will be updating my stop losses tonight before I go to sleep for sure



quote:

BTC coming down and testing support. A bounce here might happen and take BTC back up towards 60k. A break below the support will probably take it below 50k again

Buy: 52.5
Targets: 55.2, 55.8, 57, 58, 60
Stop-Loss: 4 hour close below 52

This post was edited on 2/22/21 at 2:33 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/22/21 at 2:38 pm to
It appears this morning was nothing more than this: Stop Loss Hunting as @PlanB describes it

Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6944 posts
Posted on 2/22/21 at 3:04 pm to
I hear you. I feel like my portfolio is set for 7 figures gains later this year, but I'm trying to dollar cost average into more cryptos that should go higher like BTC, ETH, LTC, BCH, LINK, ADA, DOT, Theta, et al. I want to kill my business debt and home mortgage ASAP. I have lots of "dry powder" and just trying to pick up more on the dips. I got BCH at $641 and it kept dropping to the high $500's. I'm happy with my 47 LINK purchases at $28.81 each.

I'm not opposed to more BTC purchases, but even if/when it goes to $220-250,000 this year, it's only a 5X from current prices. Some of the others will 10X to 50X, if not higher.
Posted by finchmeister08
Member since Mar 2011
39874 posts
Posted on 2/22/21 at 3:20 pm to
quote:

47 LINK purchases at $28.81 each


Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5588 posts
Posted on 2/22/21 at 3:26 pm to
quote:

It appears this morning was nothing more than this: Stop Loss Hunting as @PlanB describes it



Elon tweeting that BTC prices seemed high. Got the weak hands to sell them and he scooped them up on a discount
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/22/21 at 3:39 pm to
Elon a masterful market manipulator. He was probably trying to scoop up some cheaper BTC
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/22/21 at 5:19 pm to
quote:

is set for 7 figures gains later this year,


I hope your portfolio is eight figures currently
This post was edited on 2/22/21 at 5:20 pm
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6944 posts
Posted on 2/22/21 at 5:32 pm to
Portfolio is in the healthy 6 figure range with the first number a 3. I'm not heavy on BTC (<7). Lots of LTC, Cardano, Theta (big whale) and Digibyte (mini whale).

What about you?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/22/21 at 5:38 pm to
I like Link
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 2/22/21 at 5:55 pm to
quote:

No but I made sure I freed up some cash just in case it goes lower. Honestly I think I'm set with the about I want to sink into crypto, so I'm trying to be really disciplined and only buy more if it gets really low.



in like 2-6 years, now may just be that "really low" point you are talking about.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/22/21 at 6:01 pm to
quote:

Portfolio is in the healthy 6 figure range with the first number a 3.
i feel like you could have left off the first part since you stated the last part
Posted by finchmeister08
Member since Mar 2011
39874 posts
Posted on 2/22/21 at 6:18 pm to
Can y’all tell me why Coinbase pro doesn’t have a favorites option? Or am I missing it?
Posted by 21JumpStreet
Member since Jul 2012
14872 posts
Posted on 2/22/21 at 7:05 pm to
Yea, I hate their ui and that is one of the reasons.
Posted by UnluckyTiger
Member since Sep 2003
42179 posts
Posted on 2/22/21 at 7:39 pm to
Have heard good things about Theta.
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 2/22/21 at 7:43 pm to
I can’t even get Coinbase pro to load right now.
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6944 posts
Posted on 2/22/21 at 7:52 pm to
quote:

Have heard good things about Theta.



Yep. Some excitement for Theta's future with streaming video.
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