Bitcoin Price Thread

For the time being the interesting part is that ETH is trying to dethrone BTC as the most interesting coin...judging by the info is chewing its way up little by little

 

Ray dalio said "everything gets replaced. It's just how the evolution work".

Even if you believe in Bitcoin, stack more sats through altcoins!

This is the name of the game IMO in 2021.

Right now ETH is pretty high though, but it can go much higher. For myself, i am not HOLDing, but i am only trading. Because i still think there will be a 50-80% crash/RESET, and this is where you buy altcoins and you hold on for your dear life.

Might not happen, but i am just trying to go with the flow now and if BTC did crash to 20k$(which it will in the next few months IMO, ), that's where i would load up heavily on altcoins and just HODL.
Trade until then. Try to catch the wave up and down if u manage

 

The word you used was collapse. Which is why I questioned why it will?

Don't you often chide others to ... look at the chart. Do you see a collapse anytime soon?

 

It has already been answered.

 

Oh ok eventually.

BTW supply is NOT infinity when it comes to BTC.

 

right.
btc supply is finite.

Cryptocurrency supply is infinite.

 

TSLA stock is finite

The whole stock market and global stock market supply is infinite

USD $ is ...

The global fiat currency supply is ...

 

How's it going for you? You sounded in extreme panic 1 week ago

I think there should have been a disclaimer on that post that it was not financial advise because if I followed it, we're talking about double 6 figures difference in pnl from then til today

I would guess it's the same for others who are invested not just in cryptos but the stock market which are in record highs

And I feel I've missed out on some other crypto high flyers which I sold a while back (ie. AAVE, Uni, Sushi, etc).

 

Tbh i think those calls are stupid because the market is dynamic, it might seem like a top at the time(and it was), it dipped 15%, but then it started to look good. Get back in.

I think that 37k$ is not a bad price to sell Bitcoins at. (despite the fact we are now higher AND going up).

Hindsight is 20/20. Let's wait and see what $ price you will actually sell them at.

 

"Hindsight is 20/20. Let's wait and see what $ price you will actually sell them at"

To answer your question, I'm going to focus on bitcoin/btc even though my crypto portfolio is not 100% btc.

It seems so simple, but the short answer is I do not have a price in my head where I will say, oh man, I gotta sell all my bitcoins as $xxxx is the best price I can get for it

I worry about another bear market. I've been burnt twice by bitcoin bear markets, peak to trough of over 85% which reflected in the crypto pfolio valuation. Currently, as I've posted many times, I believe we're in a bitcoin bull market.

If I think that it is no longer a bull market, I'm planning to convert to stablecoins and/or CBDC's

As a crypto believer, fiat is not the end goal, financial freedom is,