rdhopkins2
Carpe Diem
Looks like Bitcoin has fallen. Hopefully it will be won't crash.
Though if it crashes and rebounds and you get in at the bottom....
Though if it crashes and rebounds and you get in at the bottom....
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It's a standard bull market correction for bitcoin. Those who were waiting for a dip to buy have an opportunity now. Those who wanted to sell should have done so at 40k.Looks like Bitcoin has fallen. Hopefully it will be won't crash.
Though if it crashes and rebounds and you get in at the bottom....
OK THANKS, excuse my lack of understanding, what is BTC? I dont know this statement: "Everything other than BTC and ETH is a shitcoin afaic".If he can accept the possibility of losing everything, that's a good start. A safe allocation would be 70% BTC and 30% ETH.
Most shitcoins have one massive pump (at best) before they die. Don't invest in shitcoins. Everything other than BTC and ETH is a shitcoin afaic.
He'd do well to go all in right now tbh. We've just had a correction, so he can be sure that he's not buying the absolute top if that provides any level of comfort. There's at least a few people who are willing to buy his bags at higher prices than we have now.
BTC is short for bitcoin. ETH is short for ethereum. They're considered the most legitimate forms of cryptocurrencies.OK THANKS, excuse my lack of understanding, what is BTC? I dont know this statement: "Everything other than BTC and ETH is a shitcoin afaic".
How does he get started, do you use a broker or what? I have no idea.
The same reasons people wouldn't take profits from other investments. They want more profit.Interesting people are worried about 'taking profits'. Why do you need that useless fiat when crypto is so much better?
It’s virtually impossible to trade back into Australian dollar though yeah? You can purchase all you want when cheap. No one is buying at its peak, so hard to offload?BTC is short for bitcoin. ETH is short for ethereum. They're considered the most legitimate forms of cryptocurrencies.
There are a lot of scams to be wary of, so its best to stick to those two if you're unsure or are starting off. Bitcoin is the most likely to be successful in the long term because it has no direct competitor for its application.
Cryptocurrencies are risky investments. Minimising the risk by sticking to bitcoin and ethereum is likely to be more profitable than chasing the penny stock versions that pump hard and dump just as hard.
I started off using independent reserve for my initial cryptocurrency buys. They're Australian based and regulated. You can transfer money directly from your bank account and purchase cryptocurrency through their exchange. There are other legitimate Australian crypto exchanges, but that's the only Australian based one I can speak of from personal experience.
The exchanges I use have AUD off-ramps.It’s virtually impossible to trade back into Australian dollar though yeah? You can purchase all you want when cheap. No one is buying at its peak, so hard to offload?
Lol.. reminder this bull run will last til October for mine.I think we are seeing the beginning of another 1-2 year red line for all coins, this recent pump was too good to be true, there's not going to be anymore stimulus packages for a while to make what has happened happen again any time soon, cash out
Big week.. come on. Love to see the bulls win here.Not happy with strength of this bounce so I'm taking profits and ill reevaluate tomorrow. Need to get above 36k.
Never seen this guy came up on my feed..Hodler not a trader here.. what TA are you guys looking for to base your eth trade?
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Pivot points, MRI indicator, targets based on structure formation, moving averages, RSI, and support/resistance zones are my main go to. Also good to keep an eye on inflows and outflows to and from exchanges. When you see a big inflow, there's a good chance a dump in coming.Hodler not a trader here.. what TA are you guys looking for to base your eth trade?
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Is anyone buying shitcoins here? I've picked up a bag of wanchain because it hasn't pumped yet.
I’m holding zil for 10 years see what happens. Lol$zil and $algo are awesome shitcoins
Why zil? The only coins I'm confident about in the long term are bitcoin, ethereum, and monero.I’m holding zil for 10 years see what happens. Lol
I’ll trade the others when I think they peaked. I bought zil 8 months ago and thought I’m just going to hodl with it forever. LolWhy zil? The only coins I'm confident about in the long term are bitcoin, ethereum, and monero.
Monero is my favourite, but it could get banned.