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Started By
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Bitcoin all time high.
Posted on 3/4/24 at 8:40 am
Posted on 3/4/24 at 8:40 am
But sadly wiki passed away last night OD’d on hookers and blow
26
Posted on 3/4/24 at 8:42 am to Cosmo
quote:
But sadly wiki passed away last night OD’d on hookers and blow
We would all be OT ballers right now if we just followed wiki's advice with a couple of hundred of dollars or so.
Posted on 3/4/24 at 8:45 am to Cosmo
MT crypto index is rising smh. We’re in the belief and optimism phase already.
Posted on 3/4/24 at 8:49 am to Cosmo
I read some blurb where inflation adjusted btc ath is 75k
Posted on 3/4/24 at 8:49 am to JimTiger72
Straight to the moon
Posted on 3/4/24 at 8:51 am to Cosmo
No thanks. VTSAX and chill.
Posted on 3/4/24 at 8:51 am to Cosmo
C/P from my post on the other thread:
Sometimes I daydream about what if, but the reality is that had I bought in back then, there is next to zero fricking chance I would have held past about $100 per BTC. Would it have been nice to have made tens of thousands of dollars on it? Sure. But I’m flat out fooling myself if I think I would have held until it was worth life changing amounts of money
Sometimes I daydream about what if, but the reality is that had I bought in back then, there is next to zero fricking chance I would have held past about $100 per BTC. Would it have been nice to have made tens of thousands of dollars on it? Sure. But I’m flat out fooling myself if I think I would have held until it was worth life changing amounts of money
Posted on 3/4/24 at 8:51 am to Cosmo
The second I bought in 2017 it crashed for years and then I sold at a loss. Should’ve held 7 years later
Posted on 3/4/24 at 8:54 am to Camp Randall
quote:
I read some blurb where inflation adjusted btc ath is 75k
Yep and that is with the official inflation rate. It's probably really closer to 100k
Posted on 3/4/24 at 8:55 am to schwartzy
quote:
The second I bought in 2017 it crashed for years and then I sold at a loss. Should’ve held 7 years later
Bitcoin market is bipolar asf. Every time it hits a high like this I kick myself a little for staying out, but then it always inevitably crashes and I think, "Yep, glad I didn't hop on board the crazy train."
Posted on 3/4/24 at 8:57 am to Cosmo
This is gonna crash hard again. Not falling for it
Posted on 3/4/24 at 9:21 am to Cosmo
Y'all haven't figured out yet that bitcoin/crypto tracks pretty closely to the market?
It's a speculative asset. When the market is roaring, the big funds don't mind buying big chunks and taking the gamble that it might go "to the moon."
When the market cools, they tighten up their balance sheets and the first thing to go is the speculative stuff.
You and I aren't moving the market, but they are buying/selling in chunks big enough to drive price up/down.
It's a speculative asset. When the market is roaring, the big funds don't mind buying big chunks and taking the gamble that it might go "to the moon."
When the market cools, they tighten up their balance sheets and the first thing to go is the speculative stuff.
You and I aren't moving the market, but they are buying/selling in chunks big enough to drive price up/down.
Posted on 3/4/24 at 9:22 am to Boodis Man
quote:
This is gonna crash hard again. Not falling for it
Buy the dip at 20k
Posted on 3/4/24 at 9:23 am to Cosmo
Lets heckn go lads!
Posted on 3/4/24 at 9:31 am to SirWinston
Just playing around, I put 100 on Shiba 3 weeks ago.
It's currently at 301.
It's currently at 301.
Posted on 3/4/24 at 9:37 am to Longhorn Actual
quote:
Y'all haven't figured out yet that bitcoin/crypto tracks pretty closely to the market?
Up 181% in the last year. That's not close to the market.
Posted on 3/4/24 at 9:39 am to Cosmo
frick crypto... i got burned by the whole Game Coin thing, so I'll never get back into crypto... y'all can have that shite
Posted on 3/4/24 at 9:40 am to Cosmo
Meme coins ftw.
Oh yea btc is doing OK also
Oh yea btc is doing OK also
Posted on 3/4/24 at 9:43 am to Buckeye06
quote:
Up 181% in the last year. That's not close to the market.
I said it tracks (directionally) pretty closely to the market.
I didn't say anything about its beta. But a high beta makes sense because, again, it's a speculative asset that's basically a "frick it, why not" gamble for big funds.
Bull market --> buy big chunks (not really all that big, $$, for them, but in terms of crypto, it's enough to significantly move price).
Bear market --> clean up the balance sheet and get rid of all the speculative bullshite. Again, selling in chunks large enough to move price (down).
It's not the average TD poster moving prices on crypto. It's the big funds gambling on it.
This post was edited on 3/4/24 at 9:45 am
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