Bitcoins/Litecoins/Virtual Currencies

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TJT

TJT

Mr. Poopybutthole
<Gold Donor>
42,723
109,032
I bought $200 of Shiba Inu as a yolo last week. It's up 54% today.

It's the small victories.
 
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Lanx

Lanx

<Prior Amod>
65,290
147,213
btc hit 50k again,

are we all going in on the dog coin after elon tweet?

literally riding a slow turtle
giphy-downsized.gif
 
Jive Turkey

Jive Turkey

Karen
6,722
9,087
Sanrith Descartes said:
I made some scratch and bailed on crypto. It's just not my cup of tea.
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Well stay on as an adviser because for all the know-it-alling that goes on in this thread, you were literally the only person that would make educated predictions that actually came through
 
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Tmac

Tmac

Adventurer
<Aristocrat╭ರ_•́>
9,975
16,999
Jive Turkey said:
Well stay on as an adviser because for all the know-it-alling that goes on in this thread, you were literally the only person that would make educated predictions that actually came through
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Why do you think I tagged him? lol
 
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Rajaah

Rajaah

Honorable Member
<Gold Donor>
12,520
16,542
Bitcoin through the roof, Ethereum doing well, alts (MATIC, Vechain)..... just sitting there, down from the year average even. Da fuq.
 
Jysin

Jysin

Ahn'Qiraj Raider
6,457
4,345
This is why learning some basic Technical Analysis is key. Just as important for crypto as it is for stocks! I am 99% sure Sanrith Descartes Sanrith Descartes posts were nothing but pure technical analysis to crypto price action. There are plenty of resources out there on the net. Do yourself a favor and read up. It's a life skill for any investing!

Personally, I lose interest when I can not manage risk. For a long while, a crypto investment was one Elon tweet away from a pump or a dump. That's not manageable. Seems more akin to gambling vs investing. And I do plenty well managing investments than to take on unnecessary external risk in the crypto space.
 
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Flobee

Flobee

Vyemm Raider
2,674
3,072
Jysin said:
Personally, I lose interest when I can not manage risk. For a long while, a crypto investment was one Elon tweet away from a pump or a dump. That's not manageable. Seems more akin to gambling vs investing. And I do plenty well managing investments than to take on unnecessary external risk in the crypto space.
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Gambling vs investing comes down to, IMO, your timescale on the asset. If you're looking to hold long term and you have conviction about what you're buying you can absolutely be an investor in this space. Most people seemingly want to daytrade though, and that is 100% gambling. The time I've spent understanding what I own in this space is as valid as the time spent understanding $F or $DAL, its just a more volatile asset with different attributes than stonks.
 
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Mist

Mist

REEEEeyore
<Gold Donor>
31,202
23,387
Crypto moving in the opposite direction from stocks is a good sign for crypto in general. Last month it was not behaving that way.

"Technical analysis" only really matters because it is just informing you how the other people who believe in "technical analysis" and all the automated algorithms based on "technical analysis" are going to behave.
 
Tmac

Tmac

Adventurer
<Aristocrat╭ರ_•́>
9,975
16,999
Mist said:
Crypto moving in the opposite direction from stocks is a good sign for crypto in general. Last month it was not behaving that way.

"Technical analysis" only really matters because it is just informing you how the other people who believe in "technical analysis" and all the automated algorithms based on "technical analysis" are going to behave.
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Technicals show you when to enter and when to exit; exception if you HODL. So, pretty important.
 
Mist

Mist

REEEEeyore
<Gold Donor>
31,202
23,387
With crypto it's different though. It's entirely based on hype and FUD.

Buy after a bad news cycle. Sell once you've made your target profits, or HODL.
 
swayze22

swayze22

Elite
<Silver Donator>
1,217
1,097
Mist said:
With crypto it's different though. It's entirely based on hype and FUD.

Buy after a bad news cycle. Sell once you've made your target profits, or HODL.
Click to expand...
It's like you've never read this thread
 
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Lanx

Lanx

<Prior Amod>
65,290
147,213
Jysin said:
This is why learning some basic Technical Analysis is key. Just as important for crypto as it is for stocks! I am 99% sure Sanrith Descartes Sanrith Descartes posts were nothing but pure technical analysis to crypto price action. There are plenty of resources out there on the net. Do yourself a favor and read up. It's a life skill for any investing!

Personally, I lose interest when I can not manage risk. For a long while, a crypto investment was one Elon tweet away from a pump or a dump. That's not manageable. Seems more akin to gambling vs investing. And I do plenty well managing investments than to take on unnecessary external risk in the crypto space.
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everyone is waiting to dump shib cuz of elon
 
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