Bitcoin/Litecoin/Cyrptrocurrency

[NutCupGuy]

Bitcoin price into the 20s, time to start averaging in!

Buying at 29k and will continue to stack as it dips. When the world is selling off I sit and pile up. Good luck all

Edit- I'm also averaging into matic, chainlink, cardano and solana

[Coach Guy]

Let's see the orders NCG. Pics or it didn't happen. I don't believe you have the balls to be buying anything crypto at this moment.

[Riley91]

Its going to keep dropping and wont recover for 2 years. Dont buy until its sub 20k, even then be ready to just sit there and hold it.

What about crypto-related stocks like Coinbase and blockchain companies who deal in Bitcoin? Any less bleak for those?

[jffl_commish]

Crashing hardcore. Yikes. I'm going to load up more though. What the hell?

[Riley91]

Crashing hardcore. Yikes. I'm going to load up more though. What the hell?

Same here! Bargain prices!

[weimy froob]

looks like the crypto investment idea is dead for awhile. my guess from looking at the bit coin chart today? a long while.

[Riley91]

looks like the crypto investment idea is dead for awhile. my guess from looking at the bit coin chart today? a long while.

I'd argue it's a terrific time to buy! There will be another hump at some point, and those humps are much higher than current!

[weimy froob]

looks like the crypto investment idea is dead for awhile. my guess from looking at the bit coin chart today? a long while.

I'd argue it's a terrific time to buy! There will be another hump at some point, and those humps are much higher than current!

there'll be eager sellers who are underwater all the way it tries to work it's way up. that downward pressure will keep it from doing anything for a long time. there's no rush to buy and if you do you might as well have a 5-10 year horizon on keeping it.

recommendation? hold/sell depending on your time horizon.

[Riley91]

looks like the crypto investment idea is dead for awhile. my guess from looking at the bit coin chart today? a long while.

I'd argue it's a terrific time to buy! There will be another hump at some point, and those humps are much higher than current!

there'll be eager sellers who are underwater all the way it tries to work it's way up. that downward pressure will keep it from doing anything for a long time. there's no rush to buy and if you do you might as well have a 5-10 year horizon on keeping it.

recommendation? hold/sell depending on your time horizon.

That's what they said after the last hump came down this far!

[weimy froob]

I'd argue it's a terrific time to buy! There will be another hump at some point, and those humps are much higher than current!

there'll be eager sellers who are underwater all the way it tries to work it's way up. that downward pressure will keep it from doing anything for a long time. there's no rush to buy and if you do you might as well have a 5-10 year horizon on keeping it.

recommendation? hold/sell depending on your time horizon.

That's what they said after the last hump came down this far!

there's a lot more resistance now in the stock--and it's fallen farther. everytime it tries to claw up there'll be a seller to match that buyer who's thankful that he broke even on his investment. that's why i think it'll be tough sledding. we'll just have to see. if you want to buy--buy.

[Riley91]

there'll be eager sellers who are underwater all the way it tries to work it's way up. that downward pressure will keep it from doing anything for a long time. there's no rush to buy and if you do you might as well have a 5-10 year horizon on keeping it.

recommendation? hold/sell depending on your time horizon.

That's what they said after the last hump came down this far!

there's a lot more resistance now in the stock--and it's fallen farther. everytime it tries to claw up there'll be a seller to match that buyer who's thankful that he broke even on his investment. that's why i think it'll be tough sledding. we'll just have to see. if you want to buy--buy.

Oh I can see it being bleak for a while, but I'm hopeful the bigger picture will be like, whether you bought it at $10k or $25k or $50k, you'll still have a great return!

[Riley91]

Plus the world moves a mile a minute nowadays and getting faster all the time, and it has the effect of making things seem real irrational, which maybe they are.

[tcfanatic]

One thing about crypto is that it hasn't been tested during a global recession because the last time we had a recession was around the time Bitcoin was being created. Many believe that if we do enter another recession, digital currency will be the first thing people dump. If we are in fact on the cusp of another recession, BTC could easily go back to <$10K. I'm gonna just keep hodling because why the hell not, but I'd also be weary of investing large amounts at this time.

[tcfanatic]

Damn I just saw what happened with LUNA! Hope none of you guys were invested

[NutCupGuy]

Damn I just saw what happened with LUNA! Hope none of you guys were invested

No money in LUNA and my condolences to anyone who did

It's a buyers market right now. The Fed plans to continue to increase interest rates and that will continue to drag down all markets, crypto included. Buy now and wait for 3 years, you'll be a superstar. Buying right now doesn't require "balls" as coach guy put it. It requires savvy. 2022 is a year to accumulate brahs

[Riley91]

Yeah really good time to buy. Even if it dips into the teens, right now ($28k) is still a good price in the big picture!

[Coach Guy]

Damn I just saw what happened with LUNA! Hope none of you guys were invested

No money in LUNA and my condolences to anyone who did

It's a buyers market right now. The Fed plans to continue to increase interest rates and that will continue to drag down all markets, crypto included. Buy now and wait for 3 years, you'll be a superstar. Buying right now doesn't require "balls" as coach guy put it. It requires savvy. 2022 is a year to accumulate brahs

Post your buy orders or STFU. Holla at me when BTC is low 20's

'Easy Money"

[Coach Guy]

Good thing NutCupGuy wears protection!

[Alfred 'Freddy' Tucker]

Hell of a good time to buy!

[Coach Guy]

In on apecoin with an average buy in of 11.54

My condolences

[Coach Guy]

Get back on that dogecoin rocket !!

I could definitely see Elon Musk putting together a Dogecoin committee tasked with integrating Dogecoin into Twitter.

He's already talked about it. Get in before you miss the boat!

L

[Wakanda]

I could definitely see Elon Musk putting together a Dogecoin committee tasked with integrating Dogecoin into Twitter.

He's already talked about it. Get in before you miss the boat!

L

There goes my life savings

[Alfred 'Freddy' Tucker]

I'm going to buy a bunch of crypto today

[bubu dubu.]

In on apecoin with an average buy in of 11.54

My condolences

meh. I got out at 16. Bought in again at 14, and sold at 11.9 as I set stop losses on all my coins/stocks after purchase

[NutCupGuy]

I've said it about 3 times in here and I'll say it again, 2022 is a year to accumulate

Buy in the low 20s and perhaps high teens, hold for a year or 2 and sell. If you're a lifetime HODLr and you don't plan to ever sell (I'm hanging onto 1 bitcoin forever and I sell anything over that as I buy) then sit back and stack up

[NutCupGuy]

I've said it about 3 times in here and I'll say it again, 2022 is a year to accumulate

Buy in the low 20s and perhaps high teens, hold for a year or 2 and sell. If you're a lifetime HODLr and you don't plan to ever sell (I'm hanging onto 1 bitcoin forever and I sell anything over that as I buy) then sit back and stack up

Anybody who listened to you previously lost money.

You were telling people to buy when btc was in the 30's less than a month ago.

Stop giving your garbage advice.

What I said and continue to say is 2022 is a buyers year, start averaging in. Read that back to yourself again, start AVERAGING IN

This means you buy 100 at 33k, 100 at 31k, 150 at 28k, 200 at 25k and so on as it dips. The lower it goes the more you buy. Look up what DCA is brah

I get that you're a troll but I also suspect you have zero clue about bitcoin cycles. You've lost money investing and now you're pissed. If you're not mentally prepared to buy and hold for a few years then go play blackjack, that's more your speed as you've shown you have no patience whatsoever. Go to the casino dude

[NutCupGuy]

Again if you're worried about being down after a months time you don't get it. Bitcoin moves in cycles and it's right on schedule

You don't know and perhaps you never will. 1-2 years from now when I sell the crypto I bought at a massive discount for a nice profit I'll say you're an idiot... And you'll still somehow disagree lol. Cheers man, I'm sorry for your previous and future loses

[Coach Guy]

Just think if you were DCAing in the 50's, 40's, 30's etc. That's a lot of pain. Much of it avoidable. Take the L Numb Nutz. Even if we go back up at some point, sitting on the sidelines the last 6 months was the right thing to do. I will also look at buying in if I see a hint of Macro recovery. We aren't there yet.

[NutCupGuy]

Just think if you were DCAing in the 50's, 40's, 30's etc. That's a lot of pain. Much of it avoidable. Take the L Numb Nutz. Even if we go back up at some point, sitting on the sidelines the last 6 months was the right thing to do. I will also look at buying in if I see a hint of Macro recovery. We aren't there yet.

Jesus shit guys

I said sell a portion at or near all time highs AKA the 60s, go back and look. Where did I ever say DCA in the 50s or even 40s? I didn't. It's not my fault if people bought the top, it's their fault

I brought it up in the low 30s because unlike some I'm not convinced it's going to 15k for any extended time period. Good luck gents...

[Coach Guy]

Just think if you were DCAing in the 50's, 40's, 30's etc. That's a lot of pain. Much of it avoidable. Take the L Numb Nutz. Even if we go back up at some point, sitting on the sidelines the last 6 months was the right thing to do. I will also look at buying in if I see a hint of Macro recovery. We aren't there yet.

Jesus shit guys

I said sell a portion at or near all time highs AKA the 60s, go back and look. Where did I ever say DCA in the 50s or even 40s? I didn't. It's not my fault if people bought the top, it's their fault

I brought it up in the low 30s because unlike some I'm not convinced it's going to 15k for any extended time period. Good luck gents...

You never specified a time to sell. You like everyone else can not call a top. You posed a hypothetical "sell at the highs", easier said than done. When BTC is pumping most people think the moon is the next stop, which is why you never had the balls to call for selling at the time of post at any point in this thread. Monday morning QB's are a dime a dozen.

I'm willing to bet you are way underwater on your crypto. Don't say I didn't warn you.

Good luck!