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Buying the dip?

2

Comments

  • guatedawgguatedawg 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.
  • CuntWaffleCuntWaffle 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
  • sonics1993sonics1993 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."
  • CuntWaffleCuntWaffle 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!
  • AtomicPissAtomicPiss Administrator, Swaye's Wigwam Posts: 64,571 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.
  • godawgstgodawgst Member, Swaye's Wigwam Posts: 2,525 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."
    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.



  • HHuskyHHusky Member Posts: 21,626
    Not buying crypto, but I bought on Friday and again today. Not anti-crypto; just don’t understand it.
  • sonics1993sonics1993 Member Posts: 1,460

    Nope. This is going lower

    Told ya
  • sonics1993sonics1993 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
  • AtomicPissAtomicPiss Administrator, Swaye's Wigwam Posts: 64,571 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.
  • LongDukDongLongDukDong Member Posts: 1,304

    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
    You were right. I still can’t believe it. I just can’t fathom wtf is going on right now in finance. Like an obscure heavyweight battle behind the scenes. Inflationary fiat, highest national debt ever, crypto becoming popular, hedge fund managers that don’t want to get left behind, government regulations and fear of decentralized crypto.

    Sonics, have we entered a bear market? What’s going to happen next?
  • greenbloodgreenblood Member Posts: 14,521

    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
    You were right. I still can’t believe it. I just can’t fathom wtf is going on right now in finance. Like an obscure heavyweight battle behind the scenes. Inflationary fiat, highest national debt ever, crypto becoming popular, hedge fund managers that don’t want to get left behind, government regulations and fear of decentralized crypto.

    Sonics, have we entered a bear market? What’s going to happen next?
    Winter is usually rough in the crypto market
  • jecorneljecornel Member Posts: 9,727
    Eth is a bargain at 4K. It will go up 15 times.
  • LongDukDongLongDukDong Member Posts: 1,304
    jecornel said:

    Eth is a bargain at 4K. It will go up 15 times.

    Agree with you here. Hope everybody got some Eth.
  • sonics1993sonics1993 Member Posts: 1,460

    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.

    Honestly, that was nothing. That's a typical dump to me.
  • sonics1993sonics1993 Member Posts: 1,460
    jecornel said:

    Eth is a bargain at 4K. It will go up 15 times.

    This won't age well
  • sonics1993sonics1993 Member Posts: 1,460

    jecornel said:

    Eth is a bargain at 4K. It will go up 15 times.

    Agree with you here. Hope everybody got some Eth.
    Boy is that some hopium
  • LongDukDongLongDukDong Member Posts: 1,304

    jecornel said:

    Eth is a bargain at 4K. It will go up 15 times.

    Agree with you here. Hope everybody got some Eth.
    Boy is that some hopium
    Then what is your play(s) if you don’t like eth? What are you bullish on?
  • AtomicPissAtomicPiss Administrator, Swaye's Wigwam Posts: 64,571 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.

    Honestly, that was nothing. That's a typical dump to me.
    Well you've got to remember that I was orange-pilled in September. It feels like a year ago but it was only three months. While I have read a lot and watched many videos, it's still new to me. But I believe in it not just for its profit potential but also as a store of value and a hedge against inflation.
  • BleachedAnusDawgBleachedAnusDawg Member Posts: 11,985

    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
    You were right. I still can’t believe it. I just can’t fathom wtf is going on right now in finance. Like an obscure heavyweight battle behind the scenes. Inflationary fiat, highest national debt ever, crypto becoming popular, hedge fund managers that don’t want to get left behind, government regulations and fear of decentralized crypto.

    Sonics, have we entered a bear market? What’s going to happen next?
    Winter is usually rough in the crypto market
    Blaming the drop on seasonality is not really a way to forecast. It dropped because big investors are panicked about the overall health of the market/economy and took profits after seeing the shit jobs report, new COVID variant (which is way overblown, but still), and stocks diving this past week.
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