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re: Official CryptoTalk Thread

Posted on 11/13/24 at 1:04 pm to
Posted by bulldog95
North Louisiana
Member since Jan 2011
21205 posts
Posted on 11/13/24 at 1:04 pm to
quote:

it dips under .30 in the next month or two, I may sell my house to throw more at it


Got in when it was .20 not as low as those that got in years ago and held
This post was edited on 11/13/24 at 1:06 pm
Posted by castorinho
13623 posts
Member since Nov 2010
86869 posts
Posted on 11/13/24 at 1:07 pm to
Coinbase listing meme coins left and right now
Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 11/13/24 at 1:08 pm to
Got a notification that they added Pepe
Posted by castorinho
13623 posts
Member since Nov 2010
86869 posts
Posted on 11/13/24 at 1:15 pm to
Yep and WIF now
Posted by bulldog95
North Louisiana
Member since Jan 2011
21205 posts
Posted on 11/13/24 at 1:17 pm to
quote:

added Pepe



Must resist
Posted by LordSaintly
Member since Dec 2005
42348 posts
Posted on 11/13/24 at 1:34 pm to
Memes are the NFTs of this cycle
Posted by HagaDaga
Member since Oct 2020
6263 posts
Posted on 11/13/24 at 2:28 pm to
quote:

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.

Mind sharing which reddit pages you are checking?
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 11/13/24 at 2:48 pm to
I'm just hoping there will be an alt szn this cycle. I'm left holding the bag on some shite and want to at least break even before flipping all that back into btc.
Posted by HagaDaga
Member since Oct 2020
6263 posts
Posted on 11/13/24 at 3:09 pm to
Anyone that follows BTC know why it would be retrieving this afternoon and now in 88k range? (other than me jinxing it by buying into something that is connected to it)

Still looking positive to make it up into the 95k+ range at some point this month/year?

Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 11/13/24 at 3:18 pm to
There is no reason on why Bitcoin does what it does most days. Be prepared for major swings in all directions as volume and volatility are insanely high. We could dump to 60k in two weeks or jump to 120k. This is what it does.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10607 posts
Posted on 11/13/24 at 3:25 pm to
I sold one futures contract at $92K and bought to close $89K

Everything (trades, not physical) is closed. One open order to buy a November contract at $87K.

We'll see what the guys getting off of work do to the pricing. Assuming a lot of the drop at equity close was rebalancing. Not sure. Seems to be a pattern, and a pattern not exclusive to this latest run up.

I usually get a couple of hours to let things settlement at equity market close.

Haven't had any time to do the volatility trade with BITX. I'm holding BITX right now.

Tried to figure out a way to get long LEAP puts on BITX. They're expensive.

Tried to get long calls on SBIT. Never filled. I thought I might get a bite at $93K. Nothing. They only go out to May 2025. They are illiquid, but illiquid right now is that I'm searching for as there might be some pricing inefficiencies.

What I'm finding is that when I mess with BTC equities, I'm competing against sophisticated traders and computers. My future's contracts that have been the most successful are all on Coinbase, and from time to time I can rip someone's head off easier there.

This has been a lot of work starting about a month prior to Election Day. I hope it's not over, but if it is, I won't be sorry either. At some point it would be nice to just hold physical long.

Anyone trading options or futures on BTC or BTC related equities? If so, please weigh in with what you're doing. I'm not asking for your secrets, just trying to find other exchanges or ideas.

Posted by Gaggle
Member since Oct 2021
7286 posts
Posted on 11/13/24 at 3:26 pm to
It hit peaks of 89 and plunged back to 86 3 times in a row over the course of about 30 hours. Then it shot to 93 about 5 hours ago. Let’s hope it’s that pattern again and we’re sitting over 100k by Friday
Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 11/13/24 at 3:32 pm to
On the seven day you can see the support line it’s riding.

Today was wild.
Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 11/13/24 at 3:34 pm to
quote:

I'm just hoping there will be an alt szn this cycle. I'm left holding the bag on some shite and want to at least break even before flipping all that back into btc.
This is the BTC.D era I think.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10607 posts
Posted on 11/13/24 at 3:38 pm to
Pivot Point 3rd Level Resistance 95,038.70
Pivot Point 2nd Level Resistance 92,468.40
Pivot Point 1st Resistance Point 90,352.81
Last 89,162.93
Pivot Point 87,782.51
Pivot Point 1st Support Point 85,666.92
Pivot Point 2nd Support Point 83,096.62
Pivot Point 3rd Support Point 80,981.03
Posted by SDtiger16
San Diego
Member since Oct 2012
633 posts
Posted on 11/13/24 at 3:49 pm to
Reddit crypto talk is horrendous. You need to be on Twitter to get in early on anything worth having. Reddit is a sad echo chamber of people’s heavy and worthless bags.
Posted by TheJunction
Mississippi
Member since Oct 2014
1888 posts
Posted on 11/13/24 at 3:54 pm to
Twitter follow recommendations?
Posted by bulldog95
North Louisiana
Member since Jan 2011
21205 posts
Posted on 11/13/24 at 4:09 pm to
quote:

Mind sharing which reddit pages you are checking?



R/cryptocurrency
R/altciins
R/pennysticks
R/ whatever coin I’m looking at (doge, shiba, Pepe, etc…..)


Then I go down the rabbit hole from there.
Posted by BottomlandBrew
Member since Aug 2010
29363 posts
Posted on 11/13/24 at 4:34 pm to
quote:

We could dump to 60k in two weeks or jump to 120k. This is what it does.


I would not at all be surprised to see a run to 100k then dump to ~75k before another leg up to blast through 100k. That's what I'm expecting, at least. I don't have the balls to trade it, but I'm anticipating it.
Posted by castorinho
13623 posts
Member since Nov 2010
86869 posts
Posted on 11/13/24 at 8:03 pm to
I'm balls deep into SBR meme coins (Strategic Bitcoin Reserve). It's gonna rip faces when Trump tweets it
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