BITCOIN Discussion..........

[jjgold]

Bitcoin just moves now with markets so no need to trade it

IF SP and Nasdaq go up coins go up

 

[rolandcorts]

BTC is the only thing worth holding. The rest are garbage and when the market [finally] figures that out, the funds should fold into BTC too. It's much easier to just hold BTC long term than to try and short the shitcoins of which there are no bigger ones than XRP, SOL, ETH.

I trashed ETH years ago on here and everyone said it's the future blah blah. It's 2025 and it still has no real use case besides being the engine for USDT. You don't need a blockchain to store your health data for example. Lol.

 

[Archie]

going down to under 10k soon

 

[ttwarrior1]

at least only down a little today

 

[JDS]

at least only down a little today

All the financial markets across the board held strong today by close.

 

[Tanko]

All the financial markets across the board held strong today by close.

Think we're close to bottom?


I'm still worried about what's going to happen now that Trump put another 50% on China starting tomorrow (will be 104% total on China imports) to retalitat against China's additional 34% tariffs placed on US this weekend.

This tit-for-tat s#it going to crater the world economy. They got to negotiate and stop screwing around.

 

[JDS]

Think we're close to bottom?


I'm still worried about what's going to happen now that Trump put another 50% on China starting tomorrow (will be 104% total on China imports) to retalitat against China's additional 34% tariffs placed on US this weekend.

This tit-for-tat s#it going to crater the world economy. They got to negotiate and stop screwing around.

I’m no expert at the financial markets. I’m just starting to get involved with it. So I’m the wrong person to ask, early educated guess I think it might go down another 15- 20% and crypto will follow it. They seem to be parallel markets now.

 

[KVB]

Think we're close to bottom?


I'm still worried about what's going to happen now that Trump put another 50% on China starting tomorrow (will be 104% total on China imports) to retalitat against China's additional 34% tariffs placed on US this weekend.

This tit-for-tat s#it going to crater the world economy. They got to negotiate and stop screwing around.

Tough to call with the cryptos.

As far as ohter markets, there's a very real chance the world basically goes into a recession and it could be months away, and could take months to resolve. Could be drastic for US equities.

A very real chance.

It's necessarily all doom and gloom, but trying to call a bottom in the first thrd of the first inning of a 9 inning game might be pushing it.

Good news is that the bond market didn't take a huge hit as stocks did. Liek I posted in the other thread, Trump was handed a great economy, so there should be resilience there.

Instead of going for the bottom, choose to buy and hold, but be prepared to go underwater another 10% while doing it.

The same goes for crypto, always a buy and hold.

My strategy is to get very technical and even day trade these markets. I plan to nickel and dime my way to profits. Not sure if I'll taken on the crypto markets with this strategy.

 

[Archie]

heading down down down

 

[Ace7550]

heading down down down

 

[JDS]

Don’t expect a direct reply, expect a sarcastic indirect know it all reply, bad fuckin’ rerun like that Fresh Prince of Bel Air episode.

 

[KVB]

Who doesn’t love it when shiny things go on sale?

 

[KVB]

Lol

He just said what’s happening. Look at that chart, it’s a pretty trendy down trend.

 

[KVB]

Don’t expect a direct reply, expect a sarcastic indirect know it all reply, bad fuckin’ rerun like that Fresh Prince of Bel Air episode.

 

[Ace7550]

Don’t expect a direct reply, expect a sarcastic indirect know it all reply, bad fuckin’ rerun like that Fresh Prince of Bel Air episode.

I know
We need it to hit $69,999 so you can buy your bitcoin! You still planning on doing that?

 

[JDS]

I know
We need it to hit $69,999 so you can buy your bitcoin! You still planning on doing that?

Yeah just for 10K though not a full Bitcoin I want to spread my shit out, I basically have 70K to invest.

 

[flyingillini]

I pray daily that this happens. I would be grinning ear to ear if they went bankrupt

https://www.thestreet.com/crypto/markets/economist-predicts-michael-saylors-microstrategy-will-eventually-go-bankrupt

 

[KVB]

I pray daily that this happens. I would be grinning ear to ear if they went bankrupt

https://www.thestreet.com/crypto/markets/economist-predicts-michael-saylors-microstrategy-will-eventually-go-bankrupt

...he was selling the stock at a premium and then taking the cash to buy Bitcoin,” Schiff said. “That’s where he gets this ridiculous Bitcoin yield that he’s been fabricating as if it’s an actual yield...

 

[KVB]

Oh shit...

https://www.marketwatch.com/story/m...-bitcoin-and-prices-have-fallen-more-29909a30

MicroStrategy lost $5.9 billion on bitcoin in the first quarter and hasn’t bought any since​

The biggest corporate investor in bitcoin said it did not buy any of the cryptocurrency during the recent stock-market turmoil​

 

[flyingillini]

Oh shit...

https://www.marketwatch.com/story/m...-bitcoin-and-prices-have-fallen-more-29909a30

I have btc but I truly feel Saylor is a fraud