Happy Hour Crypto Thread.

[DOGGCRAPP]

MG i dont know if you are in their cash account that pays 4.75 ro 5.00 but if you are you can send them an email saying "i have been with you since 2017 and i see you are giving new investors 5.25-.5.50 percent to join betterment, I feel i should also get that rate because i have been with you for so long".....they will move you up to 5.25-5.50 for 3 to 6 months

 

[Mr OZ]

Crypto getting sent at the moment. I wonder where the top will be for BTC

 

[pesty4077]

Crypto getting sent at the moment. I wonder where the top will be for BTC

Without getting political, the elections have got people more confident in the market. BTC 100,000 plus I think.

 

[Isovet]

when trump takes over and the USA starts buying btc for a reserve against the dollar, euro nations and south america coutries will fomo in... btc could realistically get to 175-250k by end of the new year if... and big if... bad fomo happens. some you tubers and crazies are saying 300-400k this year but only way that happens is if BTC over takes most traditonal assests... ( which might happen who knows)

 

[Massive G]

MG i dont know if you are in their cash account that pays 4.75 ro 5.00 but if you are you can send them an email saying "i have been with you since 2017 and i see you are giving new investors 5.25-.5.50 percent to join betterment, I feel i should also get that rate because i have been with you for so long".....they will move you up to 5.25-5.50 for 3 to 6 months

Thanks D. I just saw this going to email them now as I have a bunch of cash in there vs standard saving account.

 

[richiec]

when trump takes over and the USA starts buying btc for a reserve against the dollar, euro nations and south america coutries will fomo in... btc could realistically get to 175-250k by end of the new year if... and big if... bad fomo happens. some you tubers and crazies are saying 300-400k this year but only way that happens is if BTC over takes most traditonal assests... ( which might happen who knows)

I believe I read yesterday that BTC took over Silver's spot
Obviously in a bull market for BTC & ETH right now, I feel a lot of people are feeling the FOMO from a retail level. Happened a few years ago when it hit mid 60's and pulled back big time.
I have a feeling we'll see a pull back down the road, few months, then it'll be alt coin bull market.
Best to DCA, but buying in at ATH isn't the wisest thing to do. A LOT of people did that when it was $60-65k and freaked when it plummeted. Most don't have diamond hands to HODL for the long term returns

 

[IronFist]

where do you think the top will be for this cycle?

 

[grammo13]

where do you think the top will be for this cycle?

If I had to guess, there are a lot of sell orders right around 100k. If value can be sustained above 100k then who the hell knows haha

 

[K1]

Regardless of price action, don't sell...Hold that shit until the end days bahaha!

 

[chestrockwell420]

ANYBODY HAve any crypto tips? bought XRP after turkey day and steady going down....ugh

 

[Sectør]

ANYBODY HAve any crypto tips? bought XRP after turkey day and steady going down....ugh

Take the crypto money and put it in large cap tech stocks with good balance sheets instead

 

[Pheedno]

ANYBODY HAve any crypto tips? bought XRP after turkey day and steady going down....ugh

Weekly buys of whatever is financially comfortable and don't look at it. On a 4+ year time line, you'll make great money.

 

[pesty4077]

Take the crypto money and put it in large cap tech stocks with good balance sheets instead

If I wouldn't listen to this or some of my friends advice, I wouldn't be comfortably retired.

 

[Sectør]

If I wouldn't listen to this or some of my friends advice, I wouldn't be comfortably retired.

Yeah I've set the right people up to never have to worry with that method and my track is looking good.

Have a feeling we'll see some strong growth over the next few years

 

[pesty4077]

Yeah I've set the right people up to never have to worry with that method and my track is looking good.

Have a feeling we'll see some strong growth over the next few years

Now that Trump will be President, what do you think is going to happen with Crypto investment? He hasn't even been in office yet and BTC has hit 106,000 just off speculation. He is very pro Crypto.

 

[Sectør]

Now that Trump will be President, what do you think is going to happen with Crypto investment? He hasn't even been in office yet and BTC has hit 106,000 just off speculation. He is very pro Crypto.

Hard to say for certain but it does seem to be gaining a lot of momentum and i believe I've heard some positive things on its development. I wouldn't be surprised if countries start coming out with their own digital currencies supported by central banks within the next 5-10 years (digital dollar) but for now bitcoin still seems like it has more upside

 

[pesty4077]

Hard to say for certain but it does seem to be gaining a lot of momentum and i believe I've heard some positive things on its development. I wouldn't be surprised if countries start coming out with their own digital currencies supported by central banks within the next 5-10 years (digital dollar) but for now bitcoin still seems like it has more upside

I agree, I think BTC is slow per transaction and outdated. They seem to be adapting it now, but to me it makes more sense to develop their own updated version. One thing is for sure, banks do not want you to control the money.

 

[Pheedno]

Any digital currency developed by a bank will always be susceptible to the same problem as fiat. A group of people who can change and manipulate the monetary policy of that currency as seen fit for the moment. That's kind of the point of bitcoin. It can't be manipulated.
You need traditional investments, too but most, if not all other crypto(besides BTC) will eventually fall off. Especially now that BTC is classified as a different type of asset from all other crypto.

 

[DOGGCRAPP]

ANYBODY HAve any crypto tips? bought XRP after turkey day and steady going down....ugh

Dude do not touch that XRP. They are launching their stablecoin today it looks like...its already rising

Listen....you have to have the patience to ebb and flow with crypto. Pesty and Myself we have HELD all this time. Everyone else panicked and got out during the pullbacks. I am a BTC and ETH Maxi and basically stay in the top ten. I am 10X to 40X across the board. Simply because I acquire and forget about it. Just DCA and get amnesia. If you need money next week or next month and need to sell what you just bought, crypto is not for you. This is all about leverage.

There is virtually no scenario where you can become a multi millionaire faster (with meager beginnings) than crypto. You just have to be smart and educated about it. Nine years ago was not a long time ago. If you spent 30k nine years ago on bitcoin and stored it and forgot about it...you would be worth 18 million 550 thousand today. If you spent 34k just 5 years ago (not a long time) you would be worth 1,060,000 today.

This is not a "get in and get out" investment (unless your trading and that can be a slippery slope)

 

[DOGGCRAPP]

Forgive my caps here ok...im just cut and pasting notes that i have been keeping myself....in here.
Some of you might find this interesting.....as always nothing is set in stone. But so far it looks like Bitcoin does have a cyclic nature. (Even tho it generally follows the S&P)....again not a recommendation, just thought i would show you guys some interesting data.

Various cycles (when i refer to all time high i mean during 364 and 1064 day cycles)

STARTING IN 2015
ALL TIME LOW IN 2015 WAS jANUARY 13 2015 AND IT WAS 157.30
THEN (SLIGHTLY AROUND) 1064 DAYS GO BY AND
ALL TIME HIGH IN 2017 WAS 12/16/17 AND IT WAS 19870.60
--------------------------------------------------
FROM THAT DATE ABOVE
12/16/17 ALL TIME HIGH
ROUGHLY 364 DAYS GO BY AND
ALL TIME LOW IN 2018 WAS 12/14/2018 AND IT WAS 3177
--------------------------------------------------
FROM THAT DATE ABOVE
12/14/2018 ALL TIME LOW
(RIGHT AROUND) 1064 DAYS GO BY AND
ALL TIME HIGH IN 2021 WAS 11/9/21 AND IT WAS 68990.60
-------------------------------------------------
FROM THAT DATE ABOVE
11/9/21 ALL TIME HIGH
ROUGHLY SLIGHTLY UNDER 364 DAYS GO BY AND
ALL TIME LOW IN 2022 WAS 11/20/2022 AND IT WAS 15504.20
-------------------------------------------------
FROM THAT DATE ABOVE
11/20/22 ALL TIME LOW
1064 DAYS GO BY AND
ALL TIME HIGH IN 2025 SHOULD BE ON OCTOBER 6TH 2025 OR SO
-------------------------------------------------
FROM THAT DATE ABOVE
10/6/25 ALL TIME HIGH (OR SHOULD BE)
364 DAYS GO BY AND
ALL TIME LOW IN 2026 SHOULD BE AROUND OCTOBER 5TH 2026

We shall see if that cyclic nature keeps continuing