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Cryptocurrency mega-thread

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BACCS said:
I made that mistake at about 1.65, now just have to ride it out. Never FOMO into anything, it rarely ends well.
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A lot of decisions I’ve made haven’t been ideal.. I’m down a fair bit but others would be down far more. I’ll just buy more but might watch for a week. 80% of my holdings are now BTC and ETH.
 
The Dice Man said:
I almost FOMO’d this morning into Matic. Glad I chilled. Gonna be sub $1 soon
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A mistake people new to crypto often make is valuing a coin by its ATH or targets set by yt/twitter shillers. Even at $1, matic isn't cheap. It was 1c not that long ago.

Eji73lGq
 

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The Dice Man said:
A lot of decisions I’ve made haven’t been ideal.. I’m down a fair bit but others would be down far more. I’ll just buy more but might watch for a week. 80% of my holdings are now BTC and ETH.
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I’m sure I’m down a lot more, over 40% now. I unfortunately did what Evolved1 mentioned above early on and then realized my mistakes too late. I’ve done a lot of research since then so I don’t make this mistake again, but unfortunately I just need to ride this dip out.
 
BTC about to breach 30k for the first time since May 19… next support levels to watch are 29k (where we rebounded sharply off on May 19) and after that could be 24k. I honestly didn’t see it going below 30k again, but now I’m about to be wrong, they’re support levels to watch out for
 
BACCS said:
BTC about to breach 30k for the first time since May 19… next support levels to watch are 29k (where we rebounded sharply off on May 19) and after that could be 24k. I honestly didn’t see it going below 30k again, but now I’m about to be wrong, they’re support levels to watch out for
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Either we dump hard, or bitfinex whales are manipulating the herd into their buy zone. Soon shall see.
 
The Gwei is up around the 200 mark, was sitting at 20 a mere few hours ago, network activity on ETH is huge
 

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Bitcoin miners in China are selling all their shit off before they shut down/relocate, which is contributing massively to the dump. Normally they'd hold on for higher prices but they're scared they can't change their BTC for cash, or they need the money to move overseas. Big reason for the dump right now.

Apart from being another Monday in the USA of course...
 
Only joined Crypto recently (just $4k split between BTC and ETH) and was happily just buying in and out to slowly get the amount invested up, got up to $4,800 in a couple of weeks. Plan was to keep this going for a little while, just playing the short gains game. But looks like it could be a bit more of the longer game for a little while. Did throw in an extra $3k yesterday at low prices so will just sit and wait on it now.

Plan was to basically try and recoup as much of my the money i invested in short gains in a short while and then muck around with their money after that. Just a bit of fun watching and playing with it tbh. Would love some more disposable funds to put more in at the current prices and wait it out.
 

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Anyone throwing any more money into this with the grim hope that it's the bottom is crazy. Just be patient, the all-time low after the last few bull market peaks was about a year after the peak. We have to let this thing fully sh*t itself, not partially sh*t itself.
 
Seeds said:
Because peoples wages which are paid in dollars can now purchase less with that currency. Bitcoin millionaries add all this demand for goods and services without adding to the supply. That pushes prices up.
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Is it ok to just make a little bit of money?

Or will that send the price of stamps up?
 

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