Official Bitcoin Thread

[fapmasterjr]

"S2FX model estimates a market value of the next BTC phase/cluster (BTC S2F will be 56 in 2020–2024) of $5.5T. This translates into a BTC price (given 19M BTC in 2020–2024) of $288K."

I dare anyone to go ahead and tell him he's wrong.

 

[miniojw]

Where are you guys buying your ETH? I use coinbase pro but I'm not a fan of the holding period. I have used Bittrex but the buying fee hurts my heart.

 

[johnnyredstorm]

What is up with Puru Saxena hating nonstop on crypto?

Asshat blocked me lol

 

[fluid hips]

Take some profits

This current movement is mimicking 2017/2018. Just like in 2018 I expect it to correct late winter/early spring.

Late 2023/ this time 2024 is when we see the high projected valuations.

 

[wr]

Take some profits

This current movement is mimicking 2017/2018. Just like in 2018 I expect it to correct late winter/early spring.

Late 2023/ this time 2024 is when we see the high projected valuations.

All the lawsuits just hanging like a dagger over the market cap. Thanks SEC. Very convenient timing.

 

[JL415]

I'm seeing a lot of terrible takes in here of people trying to time tops and bottoms. PLEASE STOP. It's going UP over a longer time frame. Unless you're on top of the FTX leaderboard, you don't know where the price is going short term. Your best bet will always be to DCA. If you have a high appetite for risk, then by all means ignore what I just said but don't complain in here afterwards when you lose a bunch of money.

 

[fapmasterjr]

Reminder - once you grow ur stack....let it work for you ....stack, stake, lend....earn those APYs....get that passive income. This is about 3months worth of being an LP:

 

[af1 1982]

I'm seeing a lot of terrible takes in here of people trying to time tops and bottoms. PLEASE STOP. It's going UP over a longer time frame. Unless you're on top of the FTX leaderboard, you don't know where the price is going short term. Your best bet will always be to DCA. If you have a high appetite for risk, then by all means ignore what I just said but don't complain in here afterwards when you lose a bunch of money.

DCA. Coinbase even makes it easier by setting up a recurring purchase. I’m treating this as like I do my Roth IRA and 401k. Contribute and forget about it

 

[johnnyredstorm]

Y’all can take profits. I’ll continue buying and settle for 250k.

 

[af1 1982]

 

[johnnyredstorm]

Yup was just about to post that fam. But y’all wanna be out here trying to call a top. Bitcoin ain’t the asset you watch everyday its the asset you buy regularly and reap the rewards from 10 years from now.

 

[pauliepeppas]

^^^ this is HUUUUUGE for crypto as a whole and especially $AlGO......insanely undervalued and unget 6-8% staking . My biggest bag by far

 

[igotthatstock]

What do we buy? Bit and Eth or expand out?

 

[johnnyredstorm]

What do we buy? Bit and Eth or expand out?

Consistency, you dca into both of those. If you want more alpha do 70 btc 20 eth 10 alts.

 

[rmmsballer10]

ETH is going to a new ATH within the next week, IMO.

Things move fast in this asset class.

 

[Majorbread]

What does that stablecoin news mean for XRP?

 

[wr]

 

[fluid hips]

And I also think all these bailouts and printing of money is driving the price.

I was talking about it in here when the lockdown started

The banks and financial institutions are pumping this heavily.

I would not be buying now. It's a trap

 

[wr]

And I also think all these bailouts and printing of money is driving the price

The original package had digital dollar language that was taken out.

 

[johnnyredstorm]

And I also think all these bailouts and printing of money is driving the price.

I was talking about it in here when the lockdown started

The banks and financial institutions are pumping this heavily.

I would not be buying now. It's a trap

DCA and you won’t have to worry about it being a trap

 

[fluid hips]

DCA and you won’t have to worry about it being a trap

Understood. But I usually go large

 

[rmmsballer10]

And I also think all these bailouts and printing of money is driving the price.

I was talking about it in here when the lockdown started

The banks and financial institutions are pumping this heavily.

I would not be buying now. It's a trap

Time in the market > Timing the market

DCA, whether it be daily, weekly, or monthly.

Have a set % of your money that you are willing to put in based on your risk tolerance.

As long as you aren't over leveraging, you should sleep well and reap the rewards over time.

 

[fapmasterjr]

Don't forget....Coinbase IPO 1st quarter, some say possibly end of this month. Current valuation is $32 BILLION.

If your financial advisor hasn't put you on crypto or STILL thinks bad of it....they are being IRRESPONSIBLE. HATING or DUMB. 100% FACT

 

[dinyc3st]

Don't forget....Coinbase IPO 1st quarter, some say possibly end of this month. Current valuation is $32 BILLION.

If your financial advisor hasn't put you on crypto or STILL thinks bad of it....they are being IRRESPONSIBLE. HATING or DUMB. 100% FACT

Word, I'm waiting on that Coinbase IPO

 

[igotthatstock]

Don't forget....Coinbase IPO 1st quarter, some say possibly end of this month. Current valuation is $32 BILLION.

If your financial advisor hasn't put you on crypto or STILL thinks bad of it....they are being IRRESPONSIBLE. HATING or DUMB. 100% FACT

Do you think the IPO will increase adoption and drive coin prices up or are you looking at it from a pure equities play?