Bitcoin to skyrocket in 2024

stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
Bitcoin red wicked all the way down to $ 93,600 area and having trouble getting over the $ 96k zone. Maybe consolidate for a couple of months ?
That would be very unusual at this stage. If that happens, I’m out.

Instead of consolidating for the next leg up, it could end up being the distribution phase.

Consolidation and pullback is normal, but nothing excessive.
 

stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
Do you mean from weak hands to strong hands ? Come on, you are the most bullish person I've chatted with in this bull cycle ! :unsure: :D
It’s good to bullish, but also not be blind to warning signs. Anything could happen.

I fully expect this cycle to play out like the rest. It’s very easy to know why. Look at how much money the institutions have poured in. They, along with the whales, control Bitcoin’s price. There is no way they are not going to NOT let this run fizzle out. They’re going to milk it for every last penny.
 

MorganStanley1

Well-known member
Sep 29, 2018
249
531
93
I use kraken, coinbase, ndax
Sometimes use bitbuy, newton, crypto.com


Rbc keeps blocking etransfers to ndax, such a pain


thanks for the reply. How are the fees for kraken and ndax? I heard of banks blocking transfers to ndax as well.
 

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,592
989
113
It’s good to bullish, but also not be blind to warning signs. Anything could happen.

I fully expect this cycle to play out like the rest. It’s very easy to know why. Look at how much money the institutions have poured in. They, along with the whales, control Bitcoin’s price. There is no way they are not going to NOT let this run fizzle out. They’re going to milk it for every last penny.
Watch out for warning signs I agree. I have a buddy who looks/reads every bullish crypto story and reads them only with rosy glasses on. Pigs will get slaughtered !
 
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stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
thanks for the reply. How are the fees for kraken and ndax? I heard of banks blocking transfers to ndax as well.
Both are reasonable, Ndax has free interac deposits, Kraken charges a small fee. If you are doing a lot if trading, consider Kraken Pro.


Here’s a spreadsheet:


I have used NDAX, and the customer support is slow, but they are responsive and solved any issues. To me, they seem to he the most trustworthy. Kraken is the best major exchange in terms of fees.

It’s good to have multiple accounts anyway, pros and cons for each, and also prevents you from losing everything if something goes wrong with an exchange. You can spread out your money in at least two to four exchanges.
 
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stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
Anyways, we’re down 4% from the high and have been in the 90’s for a couple of weeks. This is literally nothing compared to being stuck at 55k to 65k for 8 months. That was torture.
 

stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
Bitcoin’s price is 100% being manipulated. It’s no accident that the price was was not allowed to reach 100k. This would have set off the next run, with retail pouring in because of the hype.

The whales and institutions and exchanges need to benefit from liquidations and price swings.
 

MorganStanley1

Well-known member
Sep 29, 2018
249
531
93
Both are reasonable, Ndax has free interac deposits, Kraken charges a small fee. If you are doing a lot if trading, consider Kraken Pro.


Here’s a spreadsheet:


I have used NDAX, and the customer support is slow, but they are responsive and solved any issues. To me, they seem to he the most trustworthy. Kraken is the best major exchange in terms of fees.

It’s good to have multiple accounts anyway, pros and cons for each, and also prevents you from losing everything if something goes wrong with an exchange. You can spread out your money in at least two to four exchanges.
Thanks that's really helpful! Yeah I wanna cash in on the alt coin phase, so I was thinking of getting some ripple. I'll probably end up going with Kraken then. Cheers friend <3
 
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Butler1000

Well-known member
Oct 31, 2011
31,441
5,488
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Vechain just crossed the $.10 barrier from as low as .02 last year. Continuing to monitor. Hoping it triples then I will transfer to a stable coin.

ADA also steady climbing.
 
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LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,592
989
113
Vechain just crossed the $.10 barrier from as low as .02 last year. Continuing to monitor. Hoping it triples then I will transfer to a stable coin.

ADA also steady climbing.
I had some VET Vechain sit idle for more than years on Crypto.Com for fun, I swapped it for SUI & XRP and I'm almost half way back on that VET, watching too many vids on YouTube 3 years ago, with sales people calling for $ 1G per coin. BTC / ETH would have to go to gazillion dollars market cap for that to happen realistically. UGH .
 

Butler1000

Well-known member
Oct 31, 2011
31,441
5,488
113
I had some VET Vechain sit idle for more than years on Crypto.Com for fun, I swapped it for SUI & XRP and I'm almost half way back on that VET, watching too many vids on YouTube 3 years ago, with sales people calling for $ 1G per coin. BTC / ETH would have to go to gazillion dollars market cap for that to happen realistically. UGH .
That's hilarious. They were basing it on its supply chain applications and China connections. I have 10000 of them maybe spend 800 on it as a side. If it hits .50 I would be quite happy. On this cycle , if it hits .30 I will consider stable coining it. Rebuying on a drop and hodling.
 

stinkynuts

Super
Jan 4, 2005
8,409
2,767
113
My portfolio right now:

Bitcoin:
Mstr: 90%. Hold until next leg is finished, probably sometime in mid Januay. Then will convert to IBIT and hold until mid March.

Alts:
Currently invested in mostly large caps, but will take profits and new capital and begin allocating to small caps that have more potential growth (10x to 100x)


Large caps:
ETH
SOL
ADA
XRP
DOGE
SHIB
DOT
AVAX
XLM
TRX

From my research, these are some of the coins that have the most potential to explode and up to 100x.

Small caps:

Gaming:
ENJ
BEAM
IMX
GALA
ILV
SAND
AXS

AI/computer
ICP
TAO
FET
RENDER
NEAR
AKT
SUI

Memes
POP
PEPE
WIF
 
Last edited:
Ashley Madison
Toronto Escorts