Baron's Crypto Trading Journal

Discussion in 'Journals' started by Baron, Oct 5, 2021.

  1. themickey

    themickey

    Some say crypto is like penny stock trading.
    It's nothing like penny stocks, there is too much price x volume for it to be penny.
     
    #1391     Mar 12, 2024
    johnarb and Sekiyo like this.
  2. A figure of speech.
     
    #1392     Mar 12, 2024
  3. Yeah, I’m sure that’s it.
    upload_2024-3-12_16-15-26.gif

    So to speak.
     
    #1393     Mar 12, 2024
    ElCubano and semperfrosty like this.
  4. themickey

    themickey

    Right, so engaging with crypto trading means jumping in boots and all and when the ship begins to list over as about to sink, hang on to the boat. Gotit.
     
    #1394     Mar 12, 2024
    johnarb likes this.
  5. ph1l

    ph1l

    You shouldn't settle for such a small number, since the entertainment value of EliteTrader is priceless.:)
    upload_2024-3-12_15-31-36.png
     
    #1395     Mar 12, 2024
  6. Just a bit of “truthful hyperbole” to lighten the mood. Is it working?
     
    Last edited: Mar 12, 2024
    #1396     Mar 12, 2024
    semperfrosty likes this.
  7. If there are any 'guru' Bitcoin miner traders on Elite Trader, let me know. I need to follow someone who can keep my sanity in check. Trying to avoid falling into the trap of letting hubris get the better of me lately.
     
    #1397     Mar 12, 2024
  8. johnarb

    johnarb

    Genius move

    Most people store their savings in the value of slave beads (fiat) while we have already figured out that the hardest money in the history of mankind is already available

    Everything is getting less expensive for us. Deflation not inflation in prices

    We're still so early

    https://en.wikipedia.org/wiki/Trade_beads


    upload_2024-3-13_9-45-5.png
     
    Last edited: Mar 12, 2024
    #1398     Mar 12, 2024
    semperfrosty and NoahA like this.
  9. VicBee

    VicBee

    You're still having to convert to fiat to buy anything. It's not just the $20/hr burger flippers who contributes to inflation, it's also the over the top executive pay packages and the 2%/day BTC holders.
     
    #1399     Mar 12, 2024
    johnarb likes this.
  10. johnarb

    johnarb

    I don't recommend it , Vanz!

    upload_2024-3-13_10-39-26.png


    Unless you're earning in bitcoin, that seller financing will cost you more than 40% before eoy when bitcoin hits $100k

    $36M vs $50M in US $ terms
     
    #1400     Mar 12, 2024
    vanzandt likes this.