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Started By
Message
re: Official CryptoTalk Thread
Posted on 11/13/24 at 9:55 am to Iowa Golfer
Posted on 11/13/24 at 9:55 am to Iowa Golfer
I wish I’d have used vacation this week.
0
Posted on 11/13/24 at 10:09 am to Robin Masters
quote:
have DOGE and PEPE now. Anything else you’d recommend in the meme coin world?
Bonk
Shiba
Xrp
Cardana
Posted on 11/13/24 at 10:11 am to Iowa Golfer
We are on a damn tear
Posted on 11/13/24 at 10:19 am to beaverfever
quote:
Obviously not financial advise.
Of course. I'm new around here, so I like to tell people I'm trying learn. Why I'm asking when I can, and defiantly understand that disclaimer. It's all on me and how I handle it win or loss. I really do appreciate the info.
Right now I'm really trying to run with the option 1. I'm trying to teach myself when to pull the trigger on both buy and sell. Using some small amounts to jump in and get my style(?) going. Like I'm picking 2 stocks to watch going into the morning, and just watching to see how to which moves in the way I'm most comfortable.
With MSTR I see its going along with BTC, but the random taking of profits I obviously can't see is what I'm trying to adjust for. Which is hard obviously.
I bookmark bitbo.io and look at it, but being honest understanding it is a bit above my current "paygrade" knowledge.
Posted on 11/13/24 at 10:22 am to HagaDaga
So do people still think doge is a buy?
Posted on 11/13/24 at 10:26 am to dallastiger55
I’m actually getting nervous and will de-risk some. Feels like btc needs a breather. Greed index is too high.
Posted on 11/13/24 at 10:48 am to bulldog95
quote:
Bonk Shiba Xrp Cardana
TY!
I actually have XRP too.
I’ll get a little of the others.
Any strategy to picking an under the radar meme coin?
Posted on 11/13/24 at 11:02 am to LSUregit
quote:
I’m actually getting nervous and will de-risk some. Feels like btc needs a breather. Greed index is too high.
Do you think people will start taking profits at 100k?
Posted on 11/13/24 at 11:08 am to HogPharmer
quote:
Do you think people will start taking profits at 100k?
For those of us who have been in since $10,000 or less, $100,000 was always the "lambo" number.
Yes, I expect a lot of sell pressure at 100k
Posted on 11/13/24 at 11:08 am to HogPharmer
This is my third crypto cycle. We are definitely in a bull market. There will be big dips along the way to the top but in a bull cycle dips are to be bought.
Just remember, pigs get slaughtered.
Just remember, pigs get slaughtered.
Posted on 11/13/24 at 11:13 am to HogPharmer
quote:
Do you think people will start taking profits at 100k?
1000%
Besides the psychology behind 100,000, there are a ton of people who bought the top of the last bull run because they were waiting for that price.
I don't think the cycle tops there, but 95-100K will be a battle.
Posted on 11/13/24 at 11:14 am to LSUregit
How large of an asset class do y’all think Bitcoin would have to be for it to actually take money away from the stock market, specifically the magnificent 7 or whoever you want to put in that group?
I read someone say that at some point, public companies might HAVE to keep bitcoin in their treasury to keep people from selling their stock in favor of bitcoin.
I read someone say that at some point, public companies might HAVE to keep bitcoin in their treasury to keep people from selling their stock in favor of bitcoin.
Posted on 11/13/24 at 11:18 am to beaverfever
quote:
How large of an asset class do y’all think Bitcoin would have to be for it to actually take money away from the stock market, specifically the magnificent 7 or whoever you want to put in that group?
I read someone say that at some point, public companies might HAVE to keep bitcoin in their treasury to keep people from selling their stock in favor of bitcoin.
I don't know the answer to the question but your second paragraph is an interesting thought exercise. I haven't thought about that.
Posted on 11/13/24 at 11:19 am to beaverfever
Has already started. Zoomers will diversify larger percentage into digital assets. Tradfi is beginning to realize that average market gains are just keeping up with inflation.
Posted on 11/13/24 at 11:22 am to I Love Bama
When I read it, I definitely had an “oh shite” moment. Every road you take leads to bitcoin sucking up more and more capital.
Posted on 11/13/24 at 11:50 am to beaverfever
quote:
How large of an asset class do y’all think Bitcoin would have to be for it to actually take money away from the stock market, specifically the magnificent 7 or whoever you want to put in that group?
Man...these kind of questions definitely confirm I know little about how the market/fianance works, as I'm not sure what this is asking.
I guess I can only learn up quote:
I read someone say that at some point, public companies might HAVE to keep bitcoin in their treasury to keep people from selling their stock in favor of bitcoin.
Would this be what/why MSTR did by buying up billions of BTC, and said to be looking to buy more?
Posted on 11/13/24 at 12:12 pm to beaverfever
This video has been around, but it is one of the best explanation of what bitcoin is, and where it is headed. I’ve listened to it numerous times, and am super impressed how Michael Saylor explains things. I’ve been a believer since 2017 when I got into crypto. Now that I see what our government has done with our currency, a lot of what he says makes much mores sense. I encourage everyone that has not listened to it to do so. Will make things so much clearer IMO.
Michael Saylor
Michael Saylor
Posted on 11/13/24 at 12:12 pm to I Love Bama
quote:
For those of us who have been in since $10,000 or less, $100,000 was always the "lambo" number.
I've held mine since I bought at $8k 7+ years ago. I regret not having more disposable income at the time to buy a more meaningful amount
This post was edited on 11/13/24 at 12:13 pm
Posted on 11/13/24 at 12:13 pm to Robin Masters
quote:
Any strategy to picking an under the radar meme coin?
I’ll be honest I use Reddit to see what everyone is talking about and then I go and research each one individually on Reddit and other sources. Then I decide if I wanna get into that particular one.
People on here are a hell of a lot more savvy than me I just dabble right now
Posted on 11/13/24 at 12:27 pm to dallastiger55
quote:
So do people still think doge is a buy?
If it dips under .30 in the next month or two, I may sell my house to throw more at it
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