Bitcoin to skyrocket in 2024

sprite09

Well-known member
Aug 10, 2020
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Who cares about the day to day. Quit watching it so closely and zoom out. Check back in 6-12 months.
agree ...and right now is not to time to be trading bitcoin itself ...you'll get rekted both ways as it's consolidating/ chopping around

it's a bull market ..buy on dips , buy on consolidation ...enjoy the ride
 
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Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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i don't think the entire SEC was in it, but bad optics on him to then approve it a day later after saying they weren't...oh well, he's now gotta explain himself to Congress, lol
Did Congress call him in?
I thought he didn't say they weren't. He said they hadn't and that wasn't an official tweet, which was quite true.

and ,yes those in on it made a quick leveraged trade with limit orders, probably both ways (the pump and dump)
It would be interesting to see who traded during that in a way that is suspicious.

not allowing in-kind redemptions is cause he's sour he lost and basically his way of saying, "ok, if you want it, I'm gonna make it more expensive / less attractive for investors "
I see.
It's all feelz.
 

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
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I am not familiar with Bitcoin much. Is the better the physical bitcoin rather than ETF?
I'm not sure but the ETF must move in exact correlation as spot. But you don't have to open an exchange account and figure how to store it. The ETF just buy it in your TD Ameritrade account and it just trades on the stock exchange. The small fees will prob be hidden in the net ETF price.
 
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sprite09

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Aug 10, 2020
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Did Congress call him in?
I thought he didn't say they weren't. He said they hadn't and that wasn't an official tweet, which was quite true.



It would be interesting to see who traded during that in a way that is suspicious.



I see.
It's all feelz.
Think I saw something on twitter where he was summoned.
 

Rukos_48

Well-known member
Jun 23, 2020
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Etf is better if you don’t want to deal with cold or hot wallets. But owning Bitcoin allows you to trade it after hours. The etf is available when the stock market is open only.
 

Gators

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Apr 9, 2023
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Etf is better if you don’t want to deal with cold or hot wallets. But owning Bitcoin allows you to trade it after hours. The etf is available when the stock market is open only.
My intention is to buy about 150K and put aside like GOLD. I do not plan to trade to it It is long term hold what i have read over the past few months.
 

Meaning

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Oct 21, 2019
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Standard fluctuation.

Sell the news (ETF) is causing the dip. You'll see this rocket once this event is complete and havening takes place.
 

sprite09

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Aug 10, 2020
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Standard fluctuation.

Sell the news (ETF) is causing the dip. You'll see this rocket once this event is complete and havening takes place.
agree...and even a drop to 30k wouldn't even surprise me ...it's funny how sideliners and bears are praying for lower ...had basically a year to buy between. 15k to 30k from nov 2022 to sept 2023
 

sprite09

Well-known member
Aug 10, 2020
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Unreal. Bitcoin at $50,000. I sold all my bitcoin thinking it would tank. :(
bro, havent you learned?!?!? and weren't you the one who shared the youtube link to the psychology of money?

and, it's a bull run, ride the wave, dollar cost average, double down on dips if you can

i know people who have been trying to time crypto recently...missed out most of 2023 and when btc hit 38k recently, didnt buy because he thought it would then go to 32k. thus, he didnt end up buying and now missed the entire move from 38k to 50k, LOL.

ofc its STIL possible for btc to correct to 30k, but people trying to time dips in a bull run just put themselves into a trap...theyll buy the dip eventually, but almost certainly just buying at a high low
 

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
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Unreal. Bitcoin at $50,000. I sold all my bitcoin thinking it would tank. :(
All the legit technical analysts and macro experts calling for a possible retracement back to the $ 30 to $ 31,500 area. I thought so too, but the wide global adoption plus all the institutional BTC buying in the last 4 weeks, there's no way they would let BTC sit on clients books way under water, in the stock market, they would prop up the price as best they could, to show good month end numbers. Grayscale dumped mega volumes of BTC and the net buying covered that. Just my 2 cents ! :unsure: :)
 
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