Investors ditch the euro and pound for Bitcoin in record numbers as their value plummets

Discussion in 'Crypto Assets' started by johnarb, Oct 1, 2022.

  1. johnarb

    johnarb

    I was only joking which is why I added j/k at the end. Although US$7 per person at Chipotle is bare minimum food, no chips and salsa or drink

    We had CPK chicken piccatta, tomato basil spaghetti and kung pao spaghetti for dinner last night delivered by uber eats


    upload_2022-10-2_8-37-36.png
     
    #21     Oct 2, 2022
  2. dekiles

    dekiles

    I think bitcoin is a strange investment right now. At least I would choose a more reliable option now.
     
    #22     Oct 2, 2022
    TimtheEnchanter likes this.
  3. Reminder: The supply of bitcoin is always decreasing. The rate of mining is slower than the rate of lost wallets. It's all the people that put $20 into a bitcoin machine or opened an account at an exchange 5 years ago with $500 that have permanently lost their private keys. Those coins can never be mined or returned to the pool of available bitcoin.
     
    #23     Oct 2, 2022
    johnarb likes this.
  4. Reliable? I'm unaware of any private bitcoin wallets suffering a reliability issue. Or did you mean to reference the BTC/USD exchange rate volatility?
     
    #24     Oct 2, 2022
    johnarb likes this.
  5. johnarb

    johnarb

    Catch a falling knife"? Step in front of a train that's about to crash??

    Why the fuck not??

    upload_2022-10-2_14-29-15.png
     
    #25     Oct 2, 2022
  6. johnarb

    johnarb

    out of the btc trade at 19,210

    upload_2022-10-2_14-53-10.png
     
    #26     Oct 2, 2022
  7. johnarb

    johnarb

    I did not take a third (btc) trade, it came back to 19,140'sh because I already made 2 trades and both hit profit targets today and don't want to give any profits back

    My other trade earlier was short Eth

    Yesterday was a good day also, so I figured that I should wait until tomorrow when there will be some nice volatility up and down

    @Pekelo @maxinger @deaddog

    I can't believe you guys are not trading Btc or Eth every day or night, there's opportunities every day

    upload_2022-10-2_15-25-35.png
     
    #27     Oct 2, 2022
  8. deaddog

    deaddog

    Not a day trader. Are you changing your mind about trading vs buy and hold?
    I describe myself more a speculator than a trader.
     
    #28     Oct 2, 2022
    TimtheEnchanter likes this.
  9. johnarb

    johnarb

    You're not a trader but a speculator? Ok, got it. Everyone's a speculator who takes risks, also called a gambler

    No, I do not like trading, I already mentioned on a post, It's not fun to stare at charts for hours waiting for an entry or exit

    I'm a buy and hold. I'm sure you saw on another thread I put money on Ethw since you posted there, so not sure why you're trying paint me as becoming a trader

    I've made more on Ethw than all this messing around on day trades. And I have not sold and have no plans to sell. Tell me, is that too difficult for you to understand my position on trading vs buy and hold?
     
    #29     Oct 2, 2022
  10. deaddog

    deaddog

    I guess we define at it differently. I take very little risk! I know where I'll bail if a position moves against me. Both times BTC tried to breakout in the last year I've opened a small position and been stopped out. That's speculating. Now gambling on the other hand is holding and hoping.
    No one knows the future. Anything can and will happen.

    Yet you are posting trades and encouraging others to trade???
    I'm seeing a shift away from buy and hold to trading. Up until a month or so you never saw any posts from Jonnyarb about trading. Now we seem to be getting posts every day or so about your trading exploits.
    Yes it's still difficult to understand your position on trading. What are you going to do if Ethw starts to tank? Hold and hope?
     
    #30     Oct 2, 2022
    shuraver and TimtheEnchanter like this.