Bitcoins/Litecoins/Virtual Currencies

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Rajaah

Honorable Member
<Gold Donor>
12,514
16,533

The fuck is going on with Shiba today

Looks like someone made a big sale, maybe one of the whales. Dropped from a consistent 5000 to 4500 pretty much instantly. At least it bounced back up most of the way.

Other than today it was bouncing back and forth in the 5000's the last few days. My cost basis is like 7100 so maybe I should try swing-trading it in the 5000's to get that number down. Probably won't though, more likely to let it sit until the next big jump. I'm hoping it repeats what Doge did and culminates this drought by 10x-ing before stabilizing. My exit goal is like 2x what I put in, which is either over-optimistic or severely under-selling it.
 
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swayze22

Elite
<Silver Donator>
1,217
1,097

The fuck is going on with Shiba today

Looks like someone made a big sale, maybe one of the whales. Dropped from a consistent 5000 to 4500 pretty much instantly. At least it bounced back up most of the way.

Other than today it was bouncing back and forth in the 5000's the last few days. My cost basis is like 7100 so maybe I should try swing-trading it in the 5000's to get that number down. Probably won't though, more likely to let it sit until the next big jump. I'm hoping it repeats what Doge did and culminates this drought by 10x-ing before stabilizing. My exit goal is like 2x what I put in, which is either over-optimistic or severely under-selling it.
James is selling
 
  • 2Worf
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Flobee

Vyemm Raider
2,674
3,072
Jordan Peterson has been diving down the rabbithole. This is a fantastic conversation because Peterson is smart enough to ask the right questions as Saifedean explains how Bitcoin works. Highly suggest this one as a 1000' view of how this whole system works and how it affects the world.

 
  • 1Picard
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Mist

REEEEeyore
<Gold Donor>
31,197
23,355
Bc Rajaah also bought some.
Fozzie Bear Reaction GIF
 
  • 5Worf
Reactions: 4 users

Sludig

Potato del Grande
9,923
10,573
First ride in crypto. I know i need to be patient, but biting my nails watching btc/eth/shib drop
 

Arden

Blackwing Lair Raider
2,731
2,055
First ride in crypto. I know i need to be patient, but biting my nails watching btc/eth/shib drop

BTC and ETH always go back up, and when they do, they go even higher than they did before. No need to sweat those.

Shitcoins? Those are just as likely to disappear completely. Feel free to sweat those.
 

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
First ride in crypto. I know i need to be patient, but biting my nails watching btc/eth/shib drop

You get used to it.

The first few times I saw 25%+ drops I got anxious.

Now I don't even blink when it drops 20%.
 

Caliane

Avatar of War Slayer
15,320
11,614
Eth technical, do not look good. huge gap in the Macd. Expect this to go down to the 100 or 200 day. 3660 or even 3100.


1637258816552.png
 
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Caliane

Avatar of War Slayer
15,320
11,614
The caveat is of course.. look at that green line. The 200 day has been consistently going up for a long time. it aint the end of the world.
the 200 day back in July when it bounced off was 1882..