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Cryptocurrency mega-thread

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I’m not so sure Ripple is ready just yet, it showed good signs last week and got to about where it is now, only to drop again. I am keen, but will wait just that bit longer...
It’s gonna go aswell. Ripple is good so is stellar. Think longer term drops happen. But bitcoin the boss gotta play nicely.
 
It’s gonna go aswell. Ripple is good so is stellar. Think longer term drops happen. But bitcoin the boss gotta play nicely.
I saw this peak with Ripple just over a week ago as well, about where it is now. I am bullish about it, but need more signs! Stellar has been treading water for a little while... but definitely keeping an eye on it
 
I saw this peak with Ripple just over a week ago as well, about where it is now. I am bullish about it, but need more signs! Stellar has been treading water for a little while... but definitely keeping an eye on it
I’m in both. Stellar is looking really good...so close to big ups.

And ripple will be ripple. When it goes it really goes.

Also curve dao time is coming


While I’m at it hold chainlink.. big months coming
 
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I've been using crypto since 2010 and have been involved in buying/holding/selling for the last 8-9 years. I've spent thousands of hours reading up on crypto, and made a profit in the process, in amongst occasionally being scammed or making poor decisions along the way. I sold my last 0.5BTC back in March at around US$48k as the market was severely overbought then. That's my experience.

But none of that matters, as a 30 second google search on market cycles shows that BTC is in a bear market, whilst ETH and crypto as a less than 1% retracement off being in a bear market. And yes, I am entirely correct in that statement as it's business 101 stuff.

A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment
Bull market: a market in which share prices are rising, encouraging buying.


Which of those two statements seems to be most applicable at the moment?
In the 2017 bull market didn't BTC have numerous 30% or larger retracements on the way up?

There were 7 big dips, can't remember if cut off for BTC drop was 25 or 30% but some were certainly over 30 and even greater for the alt market.



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In the 2017 bull market didn't BTC have numerous 30% or larger retracements on the way up?

There were 7 big dips, can't remember if cut off for BTC drop was 25 or 30% but some were certainly over 30 and even greater for the alt market.

Screen Shot 2021-05-19 at 7.54.13 am.png

Here's the 2017 bullrun chart for BTC. No major dips until after the peak.

Screen Shot 2021-05-19 at 7.56.01 am.png

Here's the 2021 bull run chart BTC. No major dips until after the peak.

Screen Shot 2021-05-19 at 7.58.06 am.png
Here's the 2017 bullrun chart for ETH. No major dips until after the peak.

Screen Shot 2021-05-19 at 7.59.18 am.png

Here's the 2021 bullrun chart for ETH. No major dips until after the peak.

Crypto has had its cyclical moment in the sun and BTC, ETH, etc. won't hit their 2021 ATH prices again for the next 12 months at least (I'd guess at least 24 months). All we can do now is hope people wake up to this rather than keep sinking cash into a depressed bear market.
 
Gotta love how shit the CCP is.

"Cryptocurrency is easily manipulated"

CCP literally manipulates their nown currency constantly for the most gain.

Just trying to stamp out any freedom of anonymity their populace can have.

By the way, they didn't say investing in it was illegal, rather it was illegal to accept it as a form of payment.

Guess they're just another country that will fall behind the times.
 
very happy to pull out of eth yesterday during that surge, had lost faith with it and the market.
Feels more like a bear run than a bull run.

I think a lot of people see bull run and think it's just day after day of coins shooting up.

Too many people watching their phone every 5 minutes and wondering why no explosion.

If you loaded up on ADA last month and just sat on it would you be thinking the market is bearish now?

Plenty of coins have been making gradual gains while everyone was fapping over ETH's recent surge.

People are too fickle and want everything to happen instantaneously.
 
Gotta love how sh*t the CCP is.

"Cryptocurrency is easily manipulated"

CCP literally manipulates their nown currency constantly for the most gain.

Just trying to stamp out any freedom of anonymity their populace can have.

By the way, they didn't say investing in it was illegal, rather it was illegal to accept it as a form of payment.

Guess they're just another country that will fall behind the times.

Doesn't banning exchanges make it hard to buy it?
 

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Does anyone have a referral code from Swyftx they'd like me to use when setting up my account there, wanting to have a look at a different AU based platform for use with a trust instead of as an individual and that seems the best option.
 

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