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re: Official CryptoTalk Thread

Posted on 12/5/24 at 8:50 am to
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/5/24 at 8:50 am to
quote:

I did most of my heavy buying from July through September which were pretty mundane/rough months.


smart man
Posted by HagaDaga
Member since Oct 2020
3476 posts
Posted on 12/5/24 at 8:57 am to
So I read opinions prior to breaking 100k, that once it hit 103k it would stick and not go back. It broke 100k, and hit 103k all over night. Thoughts on it still be the case that now it's mostly here to stay or will there be a draw back?

I was thinking that in DEC it would break 100k but teeter low and still back in the high 90s. I guess I'm trying to understand how people will handle getting out for tax purposes. Especially how institutions will handle it.

I understand it's volatile, but I'm trying to catch up on trends, especially end of year, you experienced folks have seen over the years. I'm also trying to understand this from a traders perspective, not so much a hold long term perspective.
Posted by TigerBlitz03
New Iberia
Member since Nov 2008
1061 posts
Posted on 12/5/24 at 9:10 am to
crypto experts...someone throw him a bone..
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17210 posts
Posted on 12/5/24 at 9:13 am to
All, can we discuss our next move?

It’s time to flip some alts
Posted by BottomlandBrew
Member since Aug 2010
28501 posts
Posted on 12/5/24 at 9:44 am to
quote:

Thoughts on it still be the case that now it's mostly here to stay or will there be a draw back?



Are you a trader or investor? If investor, just DCA and forget about the noise. 90k. 100k. 110k. It doesn't matter. Only larger trends matter. Short term is noise. If you're wanting to trade, good luck. Crypto eats small traders for breakfast.
Posted by 98eagle
Member since Sep 2020
2644 posts
Posted on 12/5/24 at 10:06 am to
quote:

I was in a VERY frustrating place in my career. 


That was pretty much my motivation to buy a lot of Bitcoin and shite ton of GBTC back in 2016 and 2017. I wanted to roll the dice to get out of my hell hole of a career.
Posted by HagaDaga
Member since Oct 2020
3476 posts
Posted on 12/5/24 at 10:07 am to
quote:

Are you a trader or investor? If investor, just DCA and forget about the noise. 90k. 100k. 110k. It doesn't matter. Only larger trends matter. Short term is noise. If you're wanting to trade, good luck. Crypto eats small traders for breakfast.

My questions are more from a traders perspective. I may do stuff in my IRA, but I know that's a do it and forget it. That's easier to understand.

Now from the side-fun trader perspective, I get it will chew me up and spit me out if I'm not careful. Why I'm asking what I am.

Trying to better understand to limit how much I get eaten up. At this moment I'm just dabbling with money I can live without while I learn the best process/approach for me. I'm OPS/process minded so building that is what keeps me intrigued.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67391 posts
Posted on 12/5/24 at 10:07 am to
quote:

rocket31


there he is

Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
86734 posts
Posted on 12/5/24 at 10:13 am to
quote:

rocket31
My man!
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17210 posts
Posted on 12/5/24 at 10:41 am to
i want to punch 2017 Don right in the fricking face
Posted by BottomlandBrew
Member since Aug 2010
28501 posts
Posted on 12/5/24 at 10:52 am to
quote:

My questions are more from a traders perspective


Of all the guys I follow, this guy has been the most right. He has a low follower count and he's a bulldog fan, but he's good people. LINK. He used to be real active on r/ethfinance, but he's more active on twitter these days. He calls it like it is with zero emotion, outside of memecoin he pumps from time to time.
Posted by Robin Masters
Birmingham
Member since Jul 2010
33918 posts
Posted on 12/5/24 at 2:07 pm to
BTC back below $99k. Should I cancel my Lamborghini order????


How far will it slide?
Posted by I Love Bama
Alabama
Member since Nov 2007
38336 posts
Posted on 12/5/24 at 2:16 pm to
quote:

How far will it slide?


Down to $20,000 I hope
Posted by LordSaintly
Member since Dec 2005
40693 posts
Posted on 12/5/24 at 2:35 pm to
quote:

Down to $20,000 I hope


I might become a whole coiner if it does this.
Posted by 98eagle
Member since Sep 2020
2644 posts
Posted on 12/5/24 at 5:46 pm to
quote:

How far will it slide?


I really wanted Bitcoin to hit $110K before pulling back any, but I am ready to initiate another volatility trade with BITX if Bitcoin stays below $98K tomorrow morning at market open.
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 12/5/24 at 5:51 pm to
Think I'm waiting until 2026 to start dca'ing again. Will probably be in the 60k range
Posted by Harry Rex Vonner
American southerner
Member since Nov 2013
43406 posts
Posted on 12/5/24 at 6:16 pm to




anything Thomas Massie likes, I trust
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/5/24 at 7:38 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81723 posts
Posted on 12/5/24 at 7:53 pm to
That’s big, Sacks is great
This post was edited on 12/5/24 at 7:54 pm
Posted by thatguy777
br
Member since Feb 2007
2496 posts
Posted on 12/5/24 at 8:05 pm to


During these great times I just wanted to reminisce on the greatest BTC gif of all time. Made me laugh when we were suffering several years ago. OG gif
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