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re: Official CryptoTalk Thread

Posted on 1/21/22 at 4:27 pm to
Posted by bstew3006
318
Member since Dec 2007
12576 posts
Posted on 1/21/22 at 4:27 pm to
quote:

shite is getting shredded. Saylor getting the middle finger from the SEC. Wow


About to make a move on BTRST…fk it
Posted by boomtown143
Merica
Member since May 2019
6695 posts
Posted on 1/21/22 at 4:32 pm to
quote:

Pulsechain gonna save us baw!


Gonna be fun!
Posted by Geech2244
Baton Rouge
Member since Oct 2009
182 posts
Posted on 1/21/22 at 4:33 pm to
I’ve been buying on CB Pro for about two months (BTC,SOL, XLM, CRO, Jasmy.) This thread influenced me to get into this world. I’m definitely a novice and nowhere near preforming an arbitrage, just yet. I’m down nearly 40% and I keep buying dips. I think I’m getting to the point of just letting it ride.
Posted by BottomlandBrew
Member since Aug 2010
27089 posts
Posted on 1/21/22 at 4:41 pm to
quote:

I’m down nearly 40% and I keep buying dips. I think I’m getting to the point of just letting it ride.


I've been where you're at. Just keep averaging down.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/21/22 at 4:42 pm to
lost in the chaos is BTC is still +27% or so YoY

what a year
Posted by aubie101
Russia
Member since Nov 2010
3090 posts
Posted on 1/21/22 at 4:45 pm to
quote:

’ve been buying on CB Pro for about two months (BTC,SOL, XLM, CRO, Jasmy.) This thread influenced me to get into this world. I’m definitely a novice and nowhere near preforming an arbitrage, just yet. I’m down nearly 40% and I keep buying dips. I think I’m getting to the point of just letting it ride.


Brutal time. These dips are sexy though.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 1/21/22 at 5:44 pm to
I'm a buyer at BTC 10K or ETH $500. It'll get there by the peak of crypto winter.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43299 posts
Posted on 1/21/22 at 6:23 pm to
quote:

I’ve been buying on CB Pro for about two months (BTC,SOL, XLM, CRO, Jasmy.) This thread influenced me to get into this world. I’m definitely a novice and nowhere near preforming an arbitrage, just yet. I’m down nearly 40% and I keep buying dips. I think I’m getting to the point of just letting it ride.



Just keep on making weekly buys, average your cost down. You'll be happy you did in the next run up.
Posted by umrebel2009
Member since Feb 2010
7287 posts
Posted on 1/21/22 at 6:42 pm to
quote:

I’ve been buying on CB Pro for about two months (BTC,SOL, XLM, CRO, Jasmy.) This thread influenced me to get into this world. I’m definitely a novice and nowhere near preforming an arbitrage, just yet. I’m down nearly 40% and I keep buying dips. I think I’m getting to the point of just letting it ride.



Just a heads up, the last couple of bear markets everything basically went down for 2 years straight... so I wouldn't dump alot into it right away
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/21/22 at 7:09 pm to
Make sure your crypto is somewhere that pays interest. That will also help with averaging down.
Posted by Geech2244
Baton Rouge
Member since Oct 2009
182 posts
Posted on 1/21/22 at 7:24 pm to
Appreciate all of the input.
Now, if I were to get some additional unsolicited advice. Of the assets that I mentioned, where would be the best place to hold them to earn interest? As of now, I’m just holding them in CB/CB Pro and using CoinTracker.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/21/22 at 7:24 pm to
But we got DeFi now baw.
Posted by bstew3006
318
Member since Dec 2007
12576 posts
Posted on 1/21/22 at 8:44 pm to
quote:

Brutal time. These dips are sexy though.


Posted by 21JumpStreet
Member since Jul 2012
14646 posts
Posted on 1/22/22 at 9:36 am to
Stablecoin maxis celebrating
Posted by AUCE05
Member since Dec 2009
42559 posts
Posted on 1/22/22 at 9:51 am to
The end is nigh. I love crypto crashes more than moons for some reason.
Posted by 21JumpStreet
Member since Jul 2012
14646 posts
Posted on 1/22/22 at 10:09 am to
Give me 10000% vs -10000% anyday
Posted by AUCE05
Member since Dec 2009
42559 posts
Posted on 1/22/22 at 10:11 am to
I think my reasoning is financial patience is my only skill in life. The larger crash means more long term gains for me.
Posted by ChiGator
Member since Nov 2020
3276 posts
Posted on 1/22/22 at 10:19 am to
It really is amazing how the mind can play games with you. Like when Bitcoin was up over 60K you felt like you were missing and need to buy, now when it slumps you’re almost afraid to buy more.

The reality is nothing with Bitcoin’s long term thesis has changed. This is still a 5 to 10 year+ technology. Institutions and banks getting involved is not a coincidence, still room for massive amounts of adoption. This is where you put the phone away and just try and ignore it lol
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33004 posts
Posted on 1/22/22 at 10:26 am to
ETH heading to about $1800-$2k. Hoping that is the case - will buy around then.
Posted by umrebel2009
Member since Feb 2010
7287 posts
Posted on 1/22/22 at 10:37 am to
The difference is being in an upward trend and downward trend.

And as someone who bought bitcoin at 19k at the end of 2017 and watched it go down almost everyday for 2 years until it hit bottom at like 2k in 2020, i'm in no hurry to buy any coins at the beginning of the bear market.

Last time when bitcoin finally bottomed out at 2k I had thrown in something like 20k-30k over a couple years and my coinbase balance said something like 3k-4k and i had no extra cash to throw in anymore.
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