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re: Bitcoin 100k watch party.

Posted on 11/20/24 at 11:33 pm to
Posted by LordSaintly
Member since Dec 2005
42166 posts
Posted on 11/20/24 at 11:33 pm to
quote:

Microstrategy announces buying more bitcoin and the price goes up.


It’s also positive ETF inflows, not just Microstrategy
Posted by SirWinston
PNW
Member since Jul 2014
101290 posts
Posted on 11/20/24 at 11:36 pm to
Lets heckin go!
This post was edited on 11/20/24 at 11:37 pm
Posted by SuperCajunFly
Member since Feb 2021
9 posts
Posted on 11/20/24 at 11:37 pm to
quote:

WHEN it falls it's going to get ugly.


Why waste time with the "traditional" route? Bitcoin's going to take an ugly fall, right? Why not make some easy money and short it?

Posted by The Baker
This is fine.
Member since Dec 2011
19059 posts
Posted on 11/20/24 at 11:37 pm to
quote:

Nope, taking a more traditional route.
Posted by RollTide4Ever
Nashville
Member since Nov 2006
19651 posts
Posted on 11/20/24 at 11:38 pm to
Shorting is a dangerous game.
Posted by Gaggle
Member since Oct 2021
7286 posts
Posted on 11/20/24 at 11:43 pm to
RollTide4Ever’s patented investment strategy:
1. Don’t invest
Posted by SuperCajunFly
Member since Feb 2021
9 posts
Posted on 11/20/24 at 11:56 pm to
quote:

Shorting is a dangerous game.


Agreed, I was making a snarky point. I definitely do not recommend shorting BTC.

I do recommend getting some -- even a small amount via an ETF or something convenient. I believe buying BTC today is like buying Amazon in 1998.

Good investing luck.
Posted by Jack Carter
Member since Sep 2018
12200 posts
Posted on 11/20/24 at 11:59 pm to
Ugly? No, that's when you buy more.
Posted by SuperCajunFly
Member since Feb 2021
9 posts
Posted on 11/21/24 at 12:05 am to
quote:

Ugly? No, that's when you buy more.


Been buying more bi-weekly via DCA since April 2021.

Ugly!
This post was edited on 11/21/24 at 12:09 am
Posted by Seeing Grey
Member since Sep 2015
794 posts
Posted on 11/21/24 at 12:15 am to
quote:

When it falls, it's going to get ugly.


Like super duper ugly. The people that bought at 2k won't be able to cope with 75k BTC.
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
18965 posts
Posted on 11/21/24 at 2:28 am to
I won $18K on a sports betting site 6 years ago or so.

Got paid out in bitcoin at $6K each. Eagerly cashed out. Sadge
Posted by SoloTiger
Member since Aug 2016
10719 posts
Posted on 11/21/24 at 3:27 am to
People get Bitcoin at the price they deserve.
Posted by oldskule
Down South
Member since Mar 2016
23266 posts
Posted on 11/21/24 at 6:25 am to
Good luck.....it will collapse again, and again.....

Big sell off is coming, and it will rebound, and the cycle will continue.

This post was edited on 11/21/24 at 6:27 am
Posted by texas tortilla
houston
Member since Dec 2015
4037 posts
Posted on 11/21/24 at 6:36 am to
well, if you don't want bitcoin, can i interest you in some tulips?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112663 posts
Posted on 11/21/24 at 6:37 am to
quote:

quote:
When it falls, it's going to get ugly.


Like super duper ugly. The people that bought at 2k won't be able to cope with 75k BTC


It would have to get below $28k before I turn negative, and that's only because I sold my $16k BTC when it hit $90k
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85355 posts
Posted on 11/21/24 at 6:41 am to
WikiTiger told me. I didn’t listen. But it’s ok because I have Spam and warm socks and all these coupons.
Posted by dagrippa
Saigon
Member since Nov 2004
11992 posts
Posted on 11/21/24 at 1:08 pm to
quote:

Why not make some easy money and short it?


Ok go for it!
Posted by The Baker
This is fine.
Member since Dec 2011
19059 posts
Posted on 11/21/24 at 1:18 pm to
99k
Posted by David_DJS
Member since Aug 2005
21815 posts
Posted on 11/21/24 at 1:23 pm to
quote:

I would be selling like a mother fricker right now and not lose a wink of sleep even if it went up to 500k

Why aren't you?
Posted by SlidellCajun
Slidell la
Member since May 2019
16027 posts
Posted on 11/21/24 at 1:41 pm to
How does anyone know if it’s truly worth what it trades for?
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