Started By
Message

re: Official CryptoTalk Thread

Posted on 5/23/21 at 2:33 am to
Posted by umrebel2009
Member since Feb 2010
8163 posts
Posted on 5/23/21 at 2:33 am to
Wait till yall realize the high interest rates on celsius and other platforms will be gone when theres no one borrowing in the bear market
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 5/23/21 at 3:08 am to
Tech Jesus says we must dump Bitcoin in favor of currency that is more energy efficient.

Bitcoin loses 33% of its value. Energy efficient alternatives like Cardano lose 40%+.

That makes a lot of sense..
Posted by Vlatket
Member since Oct 2016
7475 posts
Posted on 5/23/21 at 3:50 am to
Huge crypto dump going on right now. Man I'd hate to be the guy that put his life savings on this thing.
Posted by 21JumpStreet
Member since Jul 2012
14819 posts
Posted on 5/23/21 at 4:24 am to
Seems like they all put bitcoins value in their code somewhere
Posted by DowntheBayouTiger
Atlanta, GA
Member since Oct 2009
816 posts
Posted on 5/23/21 at 4:42 am to
Buy the dip for the 5th time this week lol
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3631 posts
Posted on 5/23/21 at 5:17 am to
Longest sell-off ever. Geez
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135336 posts
Posted on 5/23/21 at 5:50 am to
quote:

Man I'd hate to be the guy that put his life savings on this thing

Had you bought-in a year ago at $9.1K, you'd be up 4-fold, and playing with the house's money.

The question I have is "why?"
What is the basis of the move?
Is the market manipulated by state actors or cartels? How would we know?
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 5/23/21 at 6:53 am to
Sub $20 LINK.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5522 posts
Posted on 5/23/21 at 7:30 am to
Finally seeing sunshine in sw la today. It’s a sign

BTC is gonna bounce today

Green candles incoming
Posted by ronricks
Member since Mar 2021
10827 posts
Posted on 5/23/21 at 7:54 am to
WTF is going on with the market this morning?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/23/21 at 7:59 am to
The market is always manipulated. I have a few rules for myself.

One is never put in fiat once the bull run begins, indicated by btc breaking the previous cycles ATH.

Once the bull run has started, you really needed to already have significant positions. There’s exceptions of course but this is just my philosophy.
Posted by CE Tiger
Metairie
Member since Jan 2008
41878 posts
Posted on 5/23/21 at 7:59 am to
Crypto super dead again
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5522 posts
Posted on 5/23/21 at 8:01 am to
The other thing i learned











TAKE PROFITS!!!!


Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/23/21 at 8:02 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82034 posts
Posted on 5/23/21 at 8:03 am to
0 profits taken here, no plans to do so. Riding all the way down and then back up when we hit a new ATH later this year
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82034 posts
Posted on 5/23/21 at 8:04 am to
I feel I need to start a BNB position at these prices
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/23/21 at 8:07 am to
Yep. Not taking profits is greedy and gets you in bad situations.



Anyway, next cycle I’m honestly tempted to put money into something other than btc. Eth saw a much higher yield if you bought in at the bottom and I’m wondering if that’s going to repeat next cycle. All indications point to yes.
Posted by FCP
Delta State Univ. - Fightin' Okra
Member since Sep 2010
5096 posts
Posted on 5/23/21 at 8:15 am to
Yeah, ETH is my go-to during this sell off. Trying to get my DCA for all my ETH holdings down to the low $2Ks before the end of this apparent winter.

I’m riding this crypto wagon whichever way it goes—up or down. It’s still painful to see drop offs like this AM though. Ouch.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5522 posts
Posted on 5/23/21 at 8:16 am to
quote:

0 profits taken here, no plans to do so. Riding all the way down and then back up when we hit a new ATH later this year


Hell yeah. Optimism
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/23/21 at 8:16 am to
I’m going to start DCAing eth under 1k.

If it doesn’t get there, then I know it’s the bottom anyway and I don’t have to DCA
This post was edited on 5/23/21 at 8:18 am
first pageprev pagePage 1548 of 2239Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram