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re: Official CryptoTalk Thread

Posted on 5/21/21 at 7:19 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/21/21 at 7:19 pm to



Why you can never take anything on the OT too seriously.
Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 5/21/21 at 7:20 pm to
He’s probably a poor
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 5/21/21 at 7:48 pm to
Which thread?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/21/21 at 7:52 pm to
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 5/21/21 at 9:12 pm to
quote:

Has Bitcoin ever crashed 50% from ATH and resumed a bull run?

Yeah 2013
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/21/21 at 9:16 pm to
Volatility is awesome. This week has been a good one.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71352 posts
Posted on 5/22/21 at 7:55 am to
quote:

Volatility is awesome


This was the biggest hurdle for me to get into this game. Its hard to like crazy shakeups where your money is.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/22/21 at 9:19 am to
I thought the same thing in March of 2020 with muh stonks.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3749 posts
Posted on 5/22/21 at 9:47 am to
Sun’s out, BTC and ADA turned green. Gonna be a beautiful Saturday...
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11916 posts
Posted on 5/22/21 at 10:13 am to
Just got approved for LedgerX let's lose some money on derivatives
This post was edited on 5/22/21 at 10:14 am
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/22/21 at 10:48 am to
Might upgrade to the X for Christmas. The S is doing fine but I’m annoyed having to delete and redos load apps to do transactions for more than two coins at a time
Posted by Lgrnwd
Member since Jan 2018
8655 posts
Posted on 5/22/21 at 11:14 am to
quote:

Sun’s out, BTC and ADA turned green.


The crypto FED Chairman(Elon) tweeted something positive today.
Posted by SohCahToa
New Orleans, La
Member since Jan 2011
7786 posts
Posted on 5/22/21 at 12:25 pm to
I really need to stop buying the dip, because it keeps dipping
Posted by specchaser
lafayette
Member since Feb 2008
2712 posts
Posted on 5/22/21 at 12:49 pm to
same
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/22/21 at 12:50 pm to
Really just need to set a strict DCA with a predefined amount allocated that you’ll put in once after a -10% dip on a given day.

I say that to myself as much as you. I often can’t buy the dip because of bad timing of the market
This post was edited on 5/22/21 at 12:53 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/22/21 at 1:10 pm to
can we safely say now that we have another data point that suggests the value in this market revolves around bitcoin?

the china fud and energy fud, etc should not take down the ENTIRE market if the other stuff had long-term value.

thats why ill continue to stay skeptical about defi until we get a case study suggesting otherwise. IF the bear market is here, will the defi yields stay high? that will be an interesting observation

the ESG stuff really has set back bitcoin institutional adoption according to nic carter so short term our moat might not be that much higher

Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/22/21 at 1:16 pm to
I've mulled this over and I think there will still be benefit to defi yields and other ones like Celsius keeping yields somewhat high.

they can still use your money to make money, so it helps them to encourage people to keep shite there.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 5/22/21 at 1:32 pm to
quote:

IF the bear market is here, will the defi yields stay high? that will be an interesting observation

If the bear market is here bitcoin is in major trouble and the play will be ETH+DeFi at the bottom. It’s a long ways away from the next halving and bitcoin has never crashed into its previous cycle range
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 5/22/21 at 1:37 pm to
From kubyam

quote:

@VIP I'm expecting one more drop this weekend to the 32-35k range where we could bounce and work our way up towards the 48k level over the next week or two. Keep an eye out for it!


This post was edited on 5/22/21 at 1:56 pm
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/22/21 at 1:44 pm to
As much as I love stacking at this price range my wife is up my arse about the unrealized losses so it’s almost better for me to have us in the 40s again

she’ll appreciate all this one day. I’ve got my cost basis down to 40k so we aren’t even down that far, she’s just really iffy on crypto at present and doesn’t really understand it
This post was edited on 5/22/21 at 1:51 pm
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