Bitcoin "Freefall"

Discussion in 'Crypto Assets' started by SunTrader, Dec 15, 2021.


  1. [​IMG]
     
    #181     Jan 12, 2022
    johnarb likes this.
  2. deaddog

    deaddog

    I can see the value of block chain. Although where to invest is the question. All the blockchain stocks I have found are trending down. (I should add at this time.)
     
    #182     Jan 12, 2022
  3. picking the ones that will survive is the challenge. i have around 10 looking at this a bit like the dot com boom. 6-8 will completely fail, but if 2-4 succeed the return should be 1000-fold. i don't see a better risk to reward at the moment. and almost all 10 of my investments pay between 5-15% yield for staking.
     
    #183     Jan 12, 2022
    johnarb likes this.
  4. deaddog

    deaddog

    Shotgun strategy? Buy a bunch and count on at least one gaining more than you lose on the rest.
     
    #184     Jan 12, 2022
    unconventional wisdom likes this.
  5. Tokenz

    Tokenz

    That's because pennies to you are just pennies. But when I say pennies, I mean under 10k. An amount I don't care about losing...

    Oh nice! You see me as a macho bodybuilding man, thanks. And who are you again? lol
     
    #185     Jan 12, 2022
    johnarb likes this.
  6. this is the weekly chart for harmony one. it's my favourite. when gas fees on the ETH chain skyrocketed, ONE looked like a nice alternative. if you want to understand blockchain, buy some ONE, get on DeFi kingdoms, buy a piece of artwork on Da Vinci, buy a plot of land on Mars. Stake! Send a bit to MetaMask. it's an education.

    upload_2022-1-12_20-10-4.png
     
    #186     Jan 12, 2022
    johnarb and Sprout like this.
  7. Sprout

    Sprout

    and just like that an open mind changes the trajectory of their life - good for you!

    Now it's at least in the realm of possibility to find a gem of a microcap that will do a 1000x.

    I caught ONE on that first dominant leg, exited and haven't looked at it again. Defi Kingdoms is getting attention, thanks for bringing it up.
     
    #187     Jan 12, 2022
    johnarb likes this.
  8. Dead cat bounce?
     
    #188     Jan 12, 2022
    KCalhoun likes this.
  9. don't cats have nine lifetimes? which one is it on? Let me know when we get to number eight...
     
    #189     Jan 12, 2022
    johnarb likes this.
  10. As we get inflation heating up and Fed gets very aggressive...introduction to digital USD will get pushed through very quickly. Not sure if Bitcoin will survive this event. But, if there are any offshore crypto centers to develop with any success (Estonia, Chile, Malta), there might be a bottom play, as many will try to escape the forced conversion to a digital currency. China may give us a hint as they are introducing theirs very soon. Once US moves to a full digital currency system, capital controls will be very similar to China.
     
    Last edited: Jan 13, 2022
    #190     Jan 13, 2022