Cryptocurrency mega-thread

[Evolved1]

It's sh*t because there is no use case for the coin. It's sh*t because there is an unlimited supply of the coin. It's sh*t because the majority of coins are in a handful of wallets.

It's sh*t. But hell, I'm glad if people get rich off it, just don't be too greedy on something that actually has no value in the space.

Let's face it...most of the coins are overhyped trash that we hope to offload for a tidy profit before the developers and shillers dump on us.

Crypto is a lot like musical chairs. The aim is to not get caught holding bags.

A bit like the GME saga really.

 

[Evolved1]

Nice to see dinosaur coins like NEO pumping. I sold my last bag at $100 in 2018, and could have sold for a nice profit if I waited 3 years.

 

[Chief]

Janet Yellen, Bitcoin And Crypto Fearmongers Get Pushback From Former CIA Director

Bitcoin just received a strong vote of confidence from an unlikely source, a former acting director of the Central Intelligence Agency. In so doing, he put senior government officials who issue public warnings about bitcoin’s alleged use by criminals, such as Treasury Secretary Yellen, on notice.

www.forbes.com

“Michael Morell, a 33-year veteran of the agency, published an independent paper commissioned by the newly formed lobbying group Crypto Council for Innovation (whose founding members include Coinbase, Fidelity Digital Assets, and Square) directly refuting this well-traveled narrative.”

He was hired to write an “independent paper”.

I don’t know, but that’s one red flag.

 

[The Dice Man]

$10,000 loss in 5 days for Bitcoin. Reckon I'd be better off playing Poker.

 

[PoppedCorn]

The signs were obvious if you can TA
Us who trade knew a big rise or big drop was coming.



Yeah massive red flag chief
Lol

 

[Ghost Patrol]

The signs were obvious if you can TA
Us who trade knew a big rise or big drop was coming.



Yeah massive red flag chief
Lol

You could say this every time it goes up or down, it's basically a stock sentence a bot would use.

I read it in this voice

 

[PoppedCorn]

Sure
I'm a bot who can do a little bit of TA

Busted

 

[Ghost Patrol]

Sure
I'm a bot who can do a little bit of TA

Busted

Which coins will go up and down today?

 

[PoppedCorn]

Dunno
I don't trade shit coins
I buy good projects and hodl

 

[faible]

Dunno
I don't trade sh*t coins
I buy good projects and hodl

Get back to us when you predict the market ahead of time instead of gloating about being so wise in hindsight.

Newsflash at 10: Cryptocurrency is volatile

 

[maryjames]

Anyway guys that was a fun run...

 

[Evolved1]

Which coins will go up and down today?

USDT looks bullish.

 

[Evolved1]

Get back to us when you predict the market ahead of time instead of gloating about being so wise in hindsight.

Newsflash at 10: Cryptocurrency is volatile

I tethered 95% of my portfolio above 60k, and posted as such on this thread. There were signs.

 

[Ghost Patrol]

USDT looks bullish.

 

[PoppedCorn]

Get back to us when you predict the market ahead of time instead of gloating about being so wise in hindsight.

Newsflash at 10: Cryptocurrency is volatile

Wtf are u going on about??
I believe most of us here would've seen it was either dropping or going big right?
Literally every one I watch on the tube said this

Jesus.

Ill leave u to it.

 

[footy75]

Is the inevitable bloodbath about to begin....

 

[bzparkes]

Is the inevitable bloodbath about to begin....

No, only 4 major highs so far. Had like 12 or 13 last bull-run.

This is just morons getting liquidated on Binance and retail investors freaking out and withdrawing.

 

[Chief]

No, only 4 major highs so far. Had like 12 or 13 last bull-run.

This is just morons getting liquidated on Binance and retail investors freaking out and withdrawing.

There’s no guarantee that you need the same number of highs in each bubble.

 

[Evolved1]

One of the better traders on a small telegram group I'm in predicted this scenario on April 8th. We need to get back over 60k soon to be bullish.

 

[bzparkes]

There’s no guarantee that you need the same number of highs in each bubble.

Of course not but it's been pretty consistent the last 3 times and a lot more 'smart money' and institutional investors are getting involved so it's unlikely to turn bearish any time soon.

People with paper hands will get burnt while the whales will scoop up the leftovers getting ready for the next bull run.

If people enter the game thinking they're going to have a Lambo in 6 months they're kidding themselves, as are the idiots using leverage in such a highly volatile market.

 

[maryjames]

There’s no guarantee that you need the same number of highs in each bubble.

What bubble?

 

[Evolved1]

Some bullish news.

 

[maryjames]

Is the inevitable bloodbath about to begin....

What bloodbath you speak of?

 

[faible]

it was either dropping or going big right?

lol are you serious?

"What do you think the value of gold is going to do this week?"

"Well, it's either going to go up, or go down."

"Great."

 

[maryjames]

Looks so like the feb 23rd crash to early March.

Good time to buy.. Be sure go in when full drops.

I’m stacked up on Ethereum and chainlink something big is coming.