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Started By
Message
1
Posted on 5/19/21 at 6:51 am to WG_Dawg
quote:
At this point I'm smiling huge bc I'm about to add bigtime to my holdings.
Even if the dip continues, if you're holding long term you can at least get your average cost down significantly right now
I'm planning on buying more ADA over the next couple weeks if it remains this low
Posted on 5/19/21 at 6:53 am to Powerman
Where are all my we will never see x price again people at?
Posted on 5/19/21 at 7:00 am to Douglas Quaid
Jesus Christ this last week is brutally painful.
Posted on 5/19/21 at 7:02 am to BottomlandBrew
Being in it for the long haul doesn’t preclude one from taking profits every so often. Feels like that gets lost on this board for any and every asset. Seems like keeping crypto at X% of your portfolio, for better or worse, would make for a smoother and more disciplined ride.
That being said, I’m well aware that going all in historically would have made a shite ton of money, but few are cut out for that kind of ride.
That being said, I’m well aware that going all in historically would have made a shite ton of money, but few are cut out for that kind of ride.
Posted on 5/19/21 at 7:04 am to Powerman
Dips will keep coming until people stop being happy about dips.
Posted on 5/19/21 at 7:04 am to Nguyener
Elon kicked off a needed reckoning for PoW coins. The end result will be a better, more critical crypto market.
Posted on 5/19/21 at 7:09 am to Douglas Quaid
I’m reading fud articles about China banning institutional trading of crypto timed just perfectly when btc was at a “shite or get off the pot” moment.
If none of this looks familiar to y’all, I can’t help you
If none of this looks familiar to y’all, I can’t help you
Posted on 5/19/21 at 7:13 am to Tiguar
quote:
Dips will keep coming until people stop being happy about dips.
What does this mean? I’m not selling my crypto for example, so this dip means to some degree that crypto is moving from weaker to stronger hands.
Posted on 5/19/21 at 7:15 am to Ross
It means that until sentiment goes from “oh boy a dip, I’m so happy to stack” to “I have so much fiat tied up in unrealized losses please send help”, we haven’t hit the long term bottom for the cycle
This post was edited on 5/19/21 at 7:16 am
Posted on 5/19/21 at 7:15 am to Ross
Hey guys what’s goi
Posted on 5/19/21 at 7:15 am to Douglas Quaid
quote:
Where are all my we will never see x price again people at?
right here but i specifically said would not see x price again until this bull run was over. Not sure if it is or not.
regarding the TA of the charts that was talked about, its a really good indicator on shorter term plays or to find support and resistance lines. Long term plays.....thats really hard to do as any one tweet from someone or one company dumping can F that TA up.
I think across the board as seen with the GME debacle....social media can destroy a good analysis across the investment board. This a good thing but also a bad thing. Love to see the power to the people.
Posted on 5/19/21 at 7:16 am to Ross
Atleast btc % dominance went up
Posted on 5/19/21 at 7:16 am to Tiguar
I guess I don’t get the sentiment. The people buying the dip probably aren’t causing any future dips.
Posted on 5/19/21 at 7:20 am to 21JumpStreet
BTC still part of the exit ramp to fiat for many coins.
Posted on 5/19/21 at 7:20 am to Tiguar
quote:
It means that until sentiment goes from “oh boy a dip, I’m so happy to stack” to “I have so much fiat tied up in unrealized losses please send help”, we haven’t hit the long term bottom for the cycle
A lot of truth to this for a crash, but you don’t know if a dip is a full blown crash until it’s happening.
Given the size crypto can move, this feels more like a dip than a crash at the moment, but BTC is hovering around a 40% pullback at these levels, so it can’t be far from a crash.
Posted on 5/19/21 at 7:20 am to Ross
Posted on 5/19/21 at 7:21 am to Ross
I could see BTC hitting 25
Posted on 5/19/21 at 7:21 am to 21JumpStreet
quote:
Atleast btc % dominance went up
That will be the second time I’ve watched tFlippening turn into a total market crash and BTC dominance going up
This post was edited on 5/19/21 at 7:22 am
Posted on 5/19/21 at 7:21 am to slackster
The flat top and exorbitant gas fees are what’s making me lean towards crash.
If you like gas fees at 4K eth, you’ll love them at 10k
ETA: I guess I have to be specific since people seem to take issue with this.
4K eth at its current coin amount is different than 10k at its coin amount in 2025. Eth is “inflationary” by design unlike BTC. Eth will be able to handle gas fees to support the requisite volume to attain 10k.. probably next cycle.
If you like gas fees at 4K eth, you’ll love them at 10k
ETA: I guess I have to be specific since people seem to take issue with this.
4K eth at its current coin amount is different than 10k at its coin amount in 2025. Eth is “inflationary” by design unlike BTC. Eth will be able to handle gas fees to support the requisite volume to attain 10k.. probably next cycle.
This post was edited on 5/19/21 at 7:31 am
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