Reckon it could go to around $53k which is ca. £38k before bouncing back up. Anything over 60 take some profits off the table for the time being. Don't think it's long before we see it go to 100k though
Still got skin in the game, don’t worry. Only sold about 25%.
If you really need the cash, then fair enough. But I’d still be thinking of ways to borrow fiat against your BTC holdings and HODL those keys.
In 20 years time, you’ll be gutted you flogged off that 25%.
It will dip again at some point before soaring off and I’ll buy back then, I’ll be fine.
GO!
Re: BTC chat
Posted: Tue Mar 16, 2021 7:18 am
by Beradogs
I like blockchain but the issue I have with Bitofacon is that the very earliest adopters/mkt entrants of something usually fail. Who remembers pets.com trading at 1000 x earnings or MySpace. For MySpace I raise you a Friends reunited, Yahoo. Nobody made money out of Amazon, Apple, Google etc for many years as they climbed slowly and their take over was a very gradual one. Everyone and his dog is involved in Bitofacon. Markets don’t work like that. I think the crypto currency industry will undergo many as yet unknown changes in the next 10-20 years and the chance of Bitofacon being last man standing is virtually zero.
Re: BTC chat
Posted: Tue Mar 16, 2021 7:21 am
by Beradogs
I think I am last man standing on this chat. Bitofacon. Haha
Re: BTC chat
Posted: Tue Mar 16, 2021 7:58 am
by Long slender neck
If you read the BBC article I posted you will see that Blockchain is incredibly inefficient and has no future in finance. Most traders don't know enough about technology to understand
Re: BTC chat
Posted: Tue Mar 16, 2021 8:03 am
by o-no
I've no problem people making a few quid of this if they can, but it's easy to forget in the excitement that all of this is COMPLETELY UNREGULATED, and if anyone at any stage of any transaction decides to make off with your coins/remove your access/charge you a king's ransom, then you are totally buggered and have no recourse at all.
Frankly you'd have to be mad to put in money you weren't prepared to completely lose forever.
Re: BTC chat
Posted: Tue Mar 16, 2021 8:52 am
by Ronnie Hotdogs
Beradogs wrote: ↑Tue Mar 16, 2021 7:18 am
I like blockchain but the issue I have with Bitofacon is that the very earliest adopters/mkt entrants of something usually fail. Who remembers pets.com trading at 1000 x earnings or MySpace. For MySpace I raise you a Friends reunited, Yahoo. Nobody made money out of Amazon, Apple, Google etc for many years as they climbed slowly and their take over was a very gradual one. Everyone and his dog is involved in Bitofacon. Markets don’t work like that. I think the crypto currency industry will undergo many as yet unknown changes in the next 10-20 years and the chance of Bitofacon being last man standing is virtually zero.
BTC is now 12 years old. The process has been gradual.
Re: BTC chat
Posted: Tue Mar 16, 2021 3:05 pm
by Long slender neck
India to ban crypto
Re: BTC chat
Posted: Tue Mar 16, 2021 3:08 pm
by Ronnie Hotdogs
India are going to ban crypto every 5 minutes
This was Sunday nights fake news that resulted in yesterday’s dip opportunity.
Re: BTC chat
Posted: Tue Mar 16, 2021 3:18 pm
by Ronnie Hotdogs
This is my new jam
Re: BTC chat
Posted: Tue Mar 16, 2021 5:27 pm
by Thor
Re: BTC chat
Posted: Thu Mar 18, 2021 4:44 pm
by Millennial Snowflake
Back up above 60k!!!
Congrats to those who bought the dip / HODL’d
Re: BTC chat
Posted: Thu Mar 18, 2021 5:27 pm
by Ronnie Hotdogs
I hope AW got back in.
Could see his coning after reading Morgan Stanley have said they’ll allow their very wealthy clients some exposure to crypto.
Re: BTC chat
Posted: Thu Mar 18, 2021 7:35 pm
by Currywurst and Chips
Seems Morgan Stanley's clients are getting FOMO over the gainz to be had
Re: BTC chat
Posted: Thu Mar 18, 2021 8:41 pm
by Ronnie Hotdogs
Even the boomers want a ride on the rocket.
Re: BTC chat
Posted: Thu Mar 25, 2021 1:23 pm
by Ronnie Hotdogs
BUT THE DIP FELLOW HODLERS!
Re: BTC chat
Posted: Thu Mar 25, 2021 1:52 pm
by Beradogs
I know it shouldn’t but that made me cry with laughter.
Re: BTC chat
Posted: Thu Mar 25, 2021 1:54 pm
by Ronnie Hotdogs
Beradogs wrote: ↑Thu Mar 25, 2021 1:52 pm
I know it shouldn’t but that made me cry with laughter.
This is not a time for laughing, buddy. This is a time for stacking sats.
Re: BTC chat
Posted: Thu Mar 25, 2021 2:00 pm
by Rich Tea Wellin
I’m BBBBB BACK IN BABY
Re: BTC chat
Posted: Thu Mar 25, 2021 3:15 pm
by Ronnie Hotdogs
Apple Wumble wrote: ↑Thu Mar 25, 2021 2:00 pm
I’m BBBBB BACK IN BABY
Whooommppp, there he is! Welcome back on board the rocket ship.
Re: BTC chat
Posted: Thu Mar 25, 2021 3:18 pm
by Ronnie Hotdogs
I haven't invested in any other crypto yet, just been whacking it all into BTC.
Are all other coins haemorrhaging as well? Might jump on board a few of those.
