Crypto trading

[SargeMaximus]

Bitcoin didn’t hold 59k

 

[BackInTheGame78]

Bitcoin didn’t hold 59k

Might retrace to 53-54K. Huge options expiry tomorrow that would benefit bears to hold under 60K

 

[DEEZEDBRAH]

Strategically sell at a loss towards the end of the year and then buy back cheaper and you lower your taxes

At this stage, only looking at acquiring large caps. Curious about the crash. Not so sure we'll get a 70% pull back anymore.

 

[BackInTheGame78]

At this stage, only looking at acquiring large caps. Curious about the crash. Not so sure we'll get a 70% pull back anymore.

Large part was options expiry tomorrow with Bears needing to pin under 60K to win out. Lot of money at stake if it stays where it is.

 

[jaygreenb]

At this stage, only looking at acquiring large caps. Curious about the crash. Not so sure we'll get a 70% pull back anymore.

Not so sure we will either, think a lot of it depends just how parabolic it gets. If it is more muted than previous cycles the correction back won't be as harsh. Will start dollar cost averaging at 50%, if it keeps going down more than that will increase the amount put in.

 

[RBK]

My entire portfolio in the toilet. Whenever I buy crypto it tanks lmao.

 

[jaygreenb]

My entire portfolio in the toilet. Whenever I buy crypto it tanks lmao.

Just the nature of it when people are relatively new. The euphoria and excitement of a pump is what draws people in initially, which is the worst time to buy. You'll be fine soon enough though. Just buy as it drops to lower your average cost.

 

[BackInTheGame78]

My entire portfolio in the toilet. Whenever I buy crypto it tanks lmao.

Learn to use stop losses...they are your friend. Also learn what are good entry points and more importantly what are bad entry points. Of you aren't taking the time to do that you are probably not going to do very well.

 

[SargeMaximus]

Learn to use stop losses...they are your friend. Also learn what are good entry points and more importantly what are bad entry points. Of you aren't taking the time to do that you are probably not going to do very well.

Some guy on stocktwits said 60k was the last chance to load up

 

[DEEZEDBRAH]

My entire portfolio in the toilet. Whenever I buy crypto it tanks lmao.

That's when you buy. It's a long game playboy.

 

[DEEZEDBRAH]

Large part was options expiry tomorrow with Bears needing to pin under 60K to win out. Lot of money at stake if it stays where it is.

I was certain that 100k hit before but I think a longer cycle is eminent. Far too many big players in and lots of collusion. Lots 9f market manipulation.

 

[DEEZEDBRAH]

Not so sure we will either, think a lot of it depends just how parabolic it gets. If it is more muted than previous cycles the correction back won't be as harsh. Will start dollar cost averaging at 50%, if it keeps going down more than that will increase the amount put in.

It's such a cap shoot. I wish I got in sooner and had accumulated a lot more. Obviously the risk was far greater. I'm thinking that the best time or last time for the little guy was when Tate went off on twitter to buy before bumping how you make 5mill in a year.

 

[SargeMaximus]

I was certain that 100k hit before but I think a longer cycle is eminent. Far too many big players in and lots of collusion. Lots 9f market manipulation.

Which is funny because Bitcoin was supposed to be a safe haven for people who didn’t trust the manipulated markets

 

[BackInTheGame78]

I was certain that 100k hit before but I think a longer cycle is eminent. Far too many big players in and lots of collusion. Lots 9f market manipulation.

Yup but a longer cycle is not a bad thing...more time to make money

 

[BackInTheGame78]

Which is funny because Bitcoin was supposed to be a safe haven for people who didn’t trust the manipulated markets

All markets have the potential to be manipulated. And who said anything about that? It's like you are making stuff up as you go

 

[jaygreenb]

Which is funny because Bitcoin was supposed to be a safe haven for people who didn’t trust the manipulated markets

Large players in any space try to move markets in their favor. It is by far the most free market compared to stocks, bonds and metals which are manipulated by govt and central banks.

 

[DEEZEDBRAH]

Yup but a longer cycle is not a bad thing...more time to make money

Agreed. I just admit that I don't know what to expect. Anybody suggesting otherwise is shilling rubbish. I just plan to hold and DCA in on dips. Any crashing down I will accumulate more but no gambling or degen plays.

 

[BackInTheGame78]

Agreed. I just admit that I don't know what to expect. Anybody suggesting otherwise is shilling rubbish. I just plan to hold and DCA in on dips. Any crashing down I will accumulate more but no gambling or degen plays.

I like selling out and then rebuying more lower with the same money...accumulate a crap ton of tokens that way...just added 150 $DOT on the last drop alone

 

[DEEZEDBRAH]

Large players in any space try to move markets in their favor. It is by far the most free market compared to stocks, bonds and metals which are manipulated by govt and central banks.

Pretty much.

I'm doing essentially the opposite of what the sheep do.

 

[DEEZEDBRAH]

I like selling out and then rebuying more lower with the same money...accumulate a crap ton of tokens that way...just added 150 $DOT on the last drop alone

At certain price points or marketing cycle end?

I'm OK parting with everything but a few things. Btc for example.