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Buying the dip?

greenblood
greenblood Member Posts: 14,559
edited May 2022 in Tug Tavern
Anybody buy that beautiful Ethereum dip this afternoon? I bought a little
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Comments

  • Purple_Pills
    Purple_Pills Member Posts: 2,110

    Anybody buy that beautiful Ethereum dip this afternoon? I bought a little

    Nah, I bought hooker/stripper futures during the brief period when OnlyFans announced they were removing adult entertainment from the platform and am still cashing in💰💰.

  • sonics1993
    sonics1993 Member Posts: 1,460
    Nope. This is going lower
  • guatedawg
    guatedawg Member Posts: 28
    Probably not a bad buy rn. Down 8% in last 24hrs and probably will get that back within three days. Sold my SAND yesterday to buy into a DAO. Up 400% in three months. I'm not an Eth maximus, but not interested in BTC.
  • Jdawg1991
    Jdawg1991 Member Posts: 148

    Nope. This is going lower

    How much? What's your buy target?
  • sonics1993
    sonics1993 Member Posts: 1,460
    edited November 2021
    Jdawg1991 said:

    Nope. This is going lower

    How much? What's your buy target?
    Too early to say. I want to see where Eth is at once BTC is at 56k
  • El_K
    El_K Member, Swaye's Wigwam Posts: 1,488 Swaye's Wigwam
    All mine are taking a big dip except for AVAX. Haven’t bought anything lately.
  • CuntWaffle
    CuntWaffle Member Posts: 22,499
    El_K said:

    All mine are taking a big dip except for AVAX. Haven’t bought anything lately.

    Well according to the Crypto youtube experts this dip is great news and only means its going to shoot up about 200% by the end of January.
  • sonics1993
    sonics1993 Member Posts: 1,460
    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%
  • CuntWaffle
    CuntWaffle Member Posts: 22,499

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    This all before the crash in Q1 2022? How low do you think that crash will go?
  • sonics1993
    sonics1993 Member Posts: 1,460

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    This all before the crash in Q1 2022? How low do you think that crash will go?
    Few months. I beleive we will see 24-35k BTC in 2022
  • LongDukDong
    LongDukDong Member Posts: 1,305
    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe
  • sonics1993
    sonics1993 Member Posts: 1,460

    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe

    Maybe. I'm prepared for it because of the leverage being out of control. How BTC reacts to 56k will be the key factor.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,355 Founders Club
    Well, according to Dylan LeClair, 85% of all Bitcoin hasn't moved in almost 4 months, meaning investors are hunkering down and HODLing. With 7-10 million new worldwide investors entering the BTC market each month, and corporate money entering now as well, it stands to reason that the price will go up.
  • LongDukDong
    LongDukDong Member Posts: 1,305

    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe

    Maybe. I'm prepared for it because of the leverage being out of control. How BTC reacts to 56k will be the key factor.
    I agree with you on the over leveraging. The whales know when morons take out leverage on bitty and they get fucking rekt each time. It’s happened a lot in the last six months and people still take out leverage only to get rekt again. Rinse and repeat again.

    I personally believe in the stock to flow model

    We’re on our way back up to new highs very soon. 98k in November and 135k December. 10 years of data and it’s been extremely accurate to date.
  • greenblood
    greenblood Member Posts: 14,559
    Either way, I’m in it for 20-25 years. Just buying dips and holding
  • HireBRoy
    HireBRoy Member Posts: 77
    edited November 2021
    Thoughts on crypto IRAs? @greenblood I have the same plan so might as well not get taxed
  • greenblood
    greenblood Member Posts: 14,559
    edited November 2021
    HireBRoy said:

    Thoughts on crypto IRAs? @greenblood I have the same plan so might as well not get taxed

    I don't know much about them, and they'll have continuous fees. Holding what I like is free.
  • creepycoug
    creepycoug Member Posts: 24,037

    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe

    Maybe. I'm prepared for it because of the leverage being out of control. How BTC reacts to 56k will be the key factor.
    I agree with you on the over leveraging. The whales know when morons take out leverage on bitty and they get fucking rekt each time. It’s happened a lot in the last six months and people still take out leverage only to get rekt again. Rinse and repeat again.

    I personally believe in the stock to flow model

    We’re on our way back up to new highs very soon. 98k in November and 135k December. 10 years of data and it’s been extremely accurate to date.
    It's just "rinse and repeat." There is no "again".
  • sonics1993
    sonics1993 Member Posts: 1,460

    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe

    Maybe. I'm prepared for it because of the leverage being out of control. How BTC reacts to 56k will be the key factor.
    I agree with you on the over leveraging. The whales know when morons take out leverage on bitty and they get fucking rekt each time. It’s happened a lot in the last six months and people still take out leverage only to get rekt again. Rinse and repeat again.

    I personally believe in the stock to flow model

    We’re on our way back up to new highs very soon. 98k in November and 135k December. 10 years of data and it’s been extremely accurate to date.
    I don't think we see 100k until Q4 of 2022
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,066 Founders Club
    I bought ETH at less than $1k so idgaf and am hodling for long.
  • guatedawg
    guatedawg Member Posts: 28

    I bought ETH at less than $1k so idgaf and am hodling for long.

    I got in this summer for around 2k, but spent most of that on NFTs, which are down now. Eth is great but I don't see it doing more than 2x or 3x in next year or so. I'm rolling the dice on a few longshots hoping for 100x.
  • CuntWaffle
    CuntWaffle Member Posts: 22,499

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    Look at that at 57K today

    Youtube Crypto influencers are hilarious today
  • sonics1993
    sonics1993 Member Posts: 1,460
    edited November 2021

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    Look at that at 57K today

    Youtube Crypto influencers are hilarious today
    Those influencers barely have any BTC, if any. Their primary income is "influencing," which is basically saying BTC is going to the moon because that's what the audience wants to hear. No one wants to talk about BTC looking like shit and this being distribution because "up only."
  • CuntWaffle
    CuntWaffle Member Posts: 22,499
    edited November 2021

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    Look at that at 57K today

    Youtube Crypto influencers are hilarious today
    Those influencers barely have any BTC, if any. Their primary income is "influencing," which is basically saying BTC is going to the moon because that's what the audience wants to hear. No one wants to talk about BTC looking like shit and this being distribution because "up only."
    I know it’s fucking hilarious. I just love the dips because they always try and be like “this is a GOOD thing because look at this chart….” Then the next day week when it doesn’t follow that chart they magically have another one.

    They love to bust out their inner Kim Grinolds “if you can handle the volatility this might not be for you” after talking about 200% 300% gains happening any day now!
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,355 Founders Club

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    Look at that at 57K today

    Youtube Crypto influencers are hilarious today
    Those influencers barely have any BTC, if any. Their primary income is "influencing," which is basically saying BTC is going to the moon because that's what the audience wants to hear. No one wants to talk about BTC looking like shit and this being distribution because "up only."
    When people pressure Michael Saylor to give a price prediction, he always says he's looking 7-10 years down the line and not in terms of weeks or months.
  • godawgst
    godawgst Member, Swaye's Wigwam Posts: 2,554 Swaye's Wigwam

    The dip isn't over. My guess is 57k>63k>49k. But take advantage of the dip because most coins will go 200-300%

    Look at that at 57K today

    Youtube Crypto influencers are hilarious today
    Those influencers barely have any BTC, if any. Their primary income is "influencing," which is basically saying BTC is going to the moon because that's what the audience wants to hear. No one wants to talk about BTC looking like shit and this being distribution because "up only."
    I know it’s fucking hilarious. I just love the dips because they always try and be like “this is a GOOD thing because look at this chart….” Then the next day week when it doesn’t follow that chart they magically have another one.

    They love to bust out their inner Kim Grinolds “if you can handle the volatility this might not be for you” after talking about 200% 300% gains happening any day now!
    Same for the precious metal guys with gold/silver. Always another carrot to dangle in front of their believers just around the corner, why the "evil corrupt strawman" kept it from exploding to the upside just last week.



  • HHusky
    HHusky Member Posts: 23,898
    Not buying crypto, but I bought on Friday and again today. Not anti-crypto; just don’t understand it.
  • sonics1993
    sonics1993 Member Posts: 1,460

    Nope. This is going lower

    Told ya
  • sonics1993
    sonics1993 Member Posts: 1,460

    There is no way Bitcoin is going to 49k anytime soon. Maybe in 3 months minimum. You really think we hit 49k soon? I find it very hard to believe

    Took less than three weeks
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,355 Founders Club
    I'm shocked by how much it has dropped but a couple hours ago I bought $200 more. I'm planning on holding onto it for many years, come what may.