Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. wxytrader

    wxytrader


    Price just following it like a road map. :)

    Screenshot_20250611-211503.png
     
  2. johnarb

    johnarb

    Serious question, waxy...

    Why don't you sell everything else in your portfolio and convert to msty?
     
  3. wxytrader

    wxytrader

    I'm all in high yield dividends. Every dollar must be an earner now. I may cycle some of the cashflow into IBIT if Bitcoin drops down to low 70s.. but it just seems wasteful LOL when it could be compounding. :)
     
    Last edited: Jun 12, 2025 at 12:39 AM
  4. wxytrader

    wxytrader

    Miss the boat? Lol. The boat has sailed buddy. Anybody getting in at these levels is late to the party. The only people making money in Bitcoin now are already rich.
     
    orbit23 likes this.
  5. johnarb

    johnarb

    That is fair. I also own msty, but very small portfolio allocation, less than 5%, and might add to the position later,

    I do consider other YieldMax etf's, nvdy or tsly or plty

    No drip's for me, allocation to "income assets" should be for income and should be small, imo
     
  6. wxytrader

    wxytrader

    Yeah it was an easy transition for me because prior I was doing my premium plays...so was all about income already.
     
  7. wxytrader

    wxytrader

    Ok so you are saying that we will no longer have 80% pullbacks which has been a characteristic of post halvening rallies thus far? If these continue, then the pullback from 250k would be 48k.
     
  8. johnarb

    johnarb

    Bitcoin will never go below $100,000/btc

    The pullback from >$300,000/btc peak of this cycle will be 30-40% at most which is above $180,000/btc
     
    jbusse likes this.
  9. wxytrader

    wxytrader

    Based on what? I'm not going to do the math again but the downturns are decreasing by a certain percentage naturally... But the percentage increase is also decreasing... so you can extrapolate from that.
     
  10. johnarb

    johnarb

    Wake me up when bitcoin is below $100,000/btc