Nah, I sold my bitcoin for a small profit and bought more CRO.
I now hold 66,000 CRO coins. I like this coin because its nice and low right now
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
I now hold 66,000 CRO coins. I like this coin because its nice and low right now
.BITCOIN tiktok, never saw this one but I'm still looking for the podcast one where they discuss that paper from 1996 and essentially show that it's created by one of the spy agencies.
TikTok - Make Your Day
www.tiktok.com
Not the podcast but discussing that possibility:
Who Created Bitcoin? Satoshi Nakamoto, or the NSA?
The world's first and largest cryptocurrency in the world, Bitcoin [BTC] emerged in 2008 and started being...........
watcher.guru
'Did bitcoin leak from an American spy lab'? - The Times of India
US News: What was the origin of Covid-19? The prevailing belief among most experts is that the virus made the leap from wild animals to humans, possibly at a m.
timesofindia.indiatimes.com
I like that it could be another "lab leak" go figure.Not the podcast but discussing that possibility:
Who Created Bitcoin? Satoshi Nakamoto, or the NSA?
The world's first and largest cryptocurrency in the world, Bitcoin [BTC] emerged in 2008 and started being...........
'Did bitcoin leak from an American spy lab'? - The Times of India
US News: What was the origin of Covid-19? The prevailing belief among most experts is that the virus made the leap from wild animals to humans, possibly at a m.
Bitcoin IMO is a massive gaming/gambling scheme to keep everyone preoccupied with getting rich that they could give zero fucks about what's going on in the world around them.
It's not a coincidence that it started to rocket during the fall of 2020 and up until before then, maybe just some people talking about it here and there, then suddenly the mainstream media, along with social media and the POS Elon started to put it on the forefront of discussions. Since then it's been the great hope of becoming fast, "watch the for the dips, then buy". I bet a lot more people have lost more than they gained.
The real selling feature is the word "blockchain", to get people used to that word because governments and corporations will be using blockchain and already are, that's here to stay and it's legit.
It's a scam, NFTs were the sideshow to the sideshow.
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No one knows what the future of Bitcoin will be.
Warren Buffet and many others say it will end badly. Bitcoin has been growing in value exponentially for years, from literally nothing, to pennies, to a few dollars, hundreds, thousands, and now hundreds thousands. In a decade or so it will be worth millions, then tens of millions and so on. Of course this cannot continue at this rate, and if it does, it will collapse, like all ponzi scams.
On the other hand, if it doesn’t grow to ridiculous numbers and the price becomes stable, it will survive and could eventually become the international currency of the future.
Warren Buffet and many others say it will end badly. Bitcoin has been growing in value exponentially for years, from literally nothing, to pennies, to a few dollars, hundreds, thousands, and now hundreds thousands. In a decade or so it will be worth millions, then tens of millions and so on. Of course this cannot continue at this rate, and if it does, it will collapse, like all ponzi scams.
On the other hand, if it doesn’t grow to ridiculous numbers and the price becomes stable, it will survive and could eventually become the international currency of the future.
Now that the bull cycle has begun. How long do you stay in for? From past cycles, the peak should be in the fall of next year. However, there is a smaller peak next spring.
Having said that, nothing is predictable. Stick with a number you'd be happy with, a goal. And if you reach that goal, take profits. You don't have to take all, but at least some.
We are off to an accelerated cycle, hitting an all-time high very early, even before halving. People already know about the cycles and are ahead of the curve. The peak could happen much sooner than we think, as early as this year.
I think most people should realistically aim for a 2-5X of your money from this point.
This is an interesting video on the topic:
Having said that, nothing is predictable. Stick with a number you'd be happy with, a goal. And if you reach that goal, take profits. You don't have to take all, but at least some.
We are off to an accelerated cycle, hitting an all-time high very early, even before halving. People already know about the cycles and are ahead of the curve. The peak could happen much sooner than we think, as early as this year.
I think most people should realistically aim for a 2-5X of your money from this point.
This is an interesting video on the topic:
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One thing to note is that for each cycle, the peaks are getting flatter. For example, in the last cycle the peak in the fall was no different to that of the one in the spring. But it carried much higher risk, as there were drastic drops, taking down those who greedily held on. If the trend continues, it would seem the risk/reward for waiting for peak bull cycle in the fall simply isn't there.
Bitcoin Cycles Comparison
Comparing the performance of Bitcoin across different halving cycles
www.bitcoincyclescomparison.com
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Bitcoin reminds me of that phrase "breads and circuses". It really has captured the attention of billions just to watch the value, to the point that some people lose sleep over it and it's the first thing they check when they wake up.
It's a great distraction and form of entertainment, it's a lot like gambling, it gives you that rush and kick when you watch it go up, but when it goes down, it's not as fun and really fucks with your stress and energy levels.
Stocks have a time 9am-4pm or whatever, crypto is 24/7 lol.
No different than the insane amount of gambling apps and sites that have come out the past few years, more interesting timing. Before you couldn't bet on any NBA games at all, now if I'm not mistaken you can bet in real time on scores and stats if I remember hearing that right. The fuck??
It's a great distraction and form of entertainment, it's a lot like gambling, it gives you that rush and kick when you watch it go up, but when it goes down, it's not as fun and really fucks with your stress and energy levels.
Stocks have a time 9am-4pm or whatever, crypto is 24/7 lol.
No different than the insane amount of gambling apps and sites that have come out the past few years, more interesting timing. Before you couldn't bet on any NBA games at all, now if I'm not mistaken you can bet in real time on scores and stats if I remember hearing that right. The fuck??
Yeah, you only had to go back well over a year to find it. Keep hyping those coins, just know that no one with any knowledge seriously considers them the currency of the future.
it was around the beginning of the thread ..not difficult to find
i never believed they would be a form of future currency ..i couldn't care less
as ive said repeatedly, it's all about making money , wherher it's stocks ,crypto, etc
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the psychology of market rallies:
The herd buys while stock is soaring, the smart investor buys it when it is cheapest, after a crash.
www.tradingview.com
The herd buys while stock is soaring, the smart investor buys it when it is cheapest, after a crash.
PSYCHOLOGY OF A MARKET CYCLE OF BITCOIN for BITFINEX:BTCUSD by taylor.ranny
Emotions are the most important aspect of a traders success
www.tradingview.com
A very detailed analysis by an expert. We seem to be entering a speculative market, left translated, and this means that the market will peak in December or so, not the Fall of 2025 as previous cycle. After the peak in December, it will slowly die out and crash.
So there's a good chance Bitcoin will run up like crazy to well over $100,000, maybe close to $200,000, and that would be the end of the cycle, according to him.
The only thing is, that the very reality of it is, the IMF, bankers and all the globalists can determine to kill the dollar introduce their own digital currency which if rumors are to be true will have a time frame, you won't be able to save them like you do dollars in a bank today. Crypto will go on and replace stocks maybe, or maybe just sit alongside stocks.
Bitcoin in my opinion will not replace any kind of "dollar" anywhere, ever. It's just there as a distraction.
I could be wrong, but this is all just my brain working overtime and naturally being cynical about shit. Besides, the powers that be do not want us to be wealthy, look at the control measures and taxes they put upon us.
The above can be used for stocks as well. So it's obviously not different and that's under the control of one group.the psychology of market rallies:
The herd buys while stock is soaring, the smart investor buys it when it is cheapest, after a crash.
PSYCHOLOGY OF A MARKET CYCLE OF BITCOIN for BITFINEX:BTCUSD by taylor.ranny
Emotions are the most important aspect of a traders success
it's speculation ...couldn't care less about the fundamentals....just like hot trends woth stocks (eg Nvidia), the key is having a strategy and discipline to cash out
Okay, this is my updated prediction, and what I'm going to do:
1)Bitcoin will continue to slowly rise before halving, maybe even make some big moves, inching towards 100k.
2)The halving will be in April, and Bitcoin will steadily increase its pace of gains
3)The Fed will cut rates on May 3, increasing the supply of cheap money, this will accelerate demand the send the price soaring, as well as the limited supply and ETF purchases. There is a possibilty of a "buy the rumour, sell the news" on this date,
and Bitcoin could crash when the Fed announces its decision to cut rates.
4)The media will begin to hype up the fact Bitcoin keeps reaching new Milestones. Demand for ETFs soar just like lottery tickets during powerball. Bitcoin will start rocketing towards 200k.
5)On its way to 100-200K, probably closer to the 100k mark, there will be a sharp correction caused either by manipulation to spook investors or investors taking profit, and drive down the price, maybe 20-30%.
It's impossible to say how it would go, but we can probably see a peak of 130k-250k.
6)Sometime mid/late this year the price will begin to stabilize as those exiting will reach balance with those buying.
7The price will begin to fall drastically, to below 100k.
What happens thereafter is anyone's guess, there are just too many variables. One likely scenario is that it will be a repeat of the last cycle, with a drop after the first peak, and then a second top before another crash. It is also possible that the whole thing just fizzles out.
My strategy is a quick, get in, get out strategy.
1)Hold until Bitcoin reaches 130-200K or more
2)When the large correction comes somewhere between 100k to 200k, I will hold and brave it out. The biggest mistake and pitfall is to panic and sell. Remember, we are very early in the bull run (supposedly), so there will immense demand for Bitcoin
even after the correction, as many retail investors will be snatching up the "discounts"
3)When Bitcoin goes over 130-200k, I will dollar cost average out every day as soon as Bitcoin starts the gains start to decelerate and plateau. If I see a sharp decline, I will exit immediately. In fact, as soon as the price stabilizes and starts to decline, I think I will cash out immediately, everything. Why risk the unknown for a few thousand more dollars?
Key points: dont' be greedy, aim to 2x to 3x your money if you just bought in at 60K level. Don't panic during correctons, hold and DON'T sell. Sell over a few days as soon as Bitcoin reaches 150-200k, stabilizes, and then gradually the momentum turns, and the prices keep falling. Lock in your profits, and don't be greedy and try to wait for higher prices. They may come, but you risk losing everything, and might have to wait another four years.
Also, since I do not own my Bitcoin directly, but through an ETF, which cannot be traded on weekens and holidays I will sell immediately on a Friday if I have reached the 150-200k level, and we are in the stabilising phase, with prices flat or falling. I don't want to be helpless during the weekend while Bitcoin crashes 30-50%. The May 3 date on Friday, the day the Fed announces rate cuts is crucial. Bitcoin could crash over the weekend, even if they announce rate cuts.
1)Bitcoin will continue to slowly rise before halving, maybe even make some big moves, inching towards 100k.
2)The halving will be in April, and Bitcoin will steadily increase its pace of gains
3)The Fed will cut rates on May 3, increasing the supply of cheap money, this will accelerate demand the send the price soaring, as well as the limited supply and ETF purchases. There is a possibilty of a "buy the rumour, sell the news" on this date,
and Bitcoin could crash when the Fed announces its decision to cut rates.
4)The media will begin to hype up the fact Bitcoin keeps reaching new Milestones. Demand for ETFs soar just like lottery tickets during powerball. Bitcoin will start rocketing towards 200k.
5)On its way to 100-200K, probably closer to the 100k mark, there will be a sharp correction caused either by manipulation to spook investors or investors taking profit, and drive down the price, maybe 20-30%.
It's impossible to say how it would go, but we can probably see a peak of 130k-250k.
6)Sometime mid/late this year the price will begin to stabilize as those exiting will reach balance with those buying.
7The price will begin to fall drastically, to below 100k.
What happens thereafter is anyone's guess, there are just too many variables. One likely scenario is that it will be a repeat of the last cycle, with a drop after the first peak, and then a second top before another crash. It is also possible that the whole thing just fizzles out.
My strategy is a quick, get in, get out strategy.
1)Hold until Bitcoin reaches 130-200K or more
2)When the large correction comes somewhere between 100k to 200k, I will hold and brave it out. The biggest mistake and pitfall is to panic and sell. Remember, we are very early in the bull run (supposedly), so there will immense demand for Bitcoin
even after the correction, as many retail investors will be snatching up the "discounts"
3)When Bitcoin goes over 130-200k, I will dollar cost average out every day as soon as Bitcoin starts the gains start to decelerate and plateau. If I see a sharp decline, I will exit immediately. In fact, as soon as the price stabilizes and starts to decline, I think I will cash out immediately, everything. Why risk the unknown for a few thousand more dollars?
Key points: dont' be greedy, aim to 2x to 3x your money if you just bought in at 60K level. Don't panic during correctons, hold and DON'T sell. Sell over a few days as soon as Bitcoin reaches 150-200k, stabilizes, and then gradually the momentum turns, and the prices keep falling. Lock in your profits, and don't be greedy and try to wait for higher prices. They may come, but you risk losing everything, and might have to wait another four years.
Also, since I do not own my Bitcoin directly, but through an ETF, which cannot be traded on weekens and holidays I will sell immediately on a Friday if I have reached the 150-200k level, and we are in the stabilising phase, with prices flat or falling. I don't want to be helpless during the weekend while Bitcoin crashes 30-50%. The May 3 date on Friday, the day the Fed announces rate cuts is crucial. Bitcoin could crash over the weekend, even if they announce rate cuts.
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CRO is over 16 cents now
coinmarketcap.com
Cronos price today, CRO to USD live price, marketcap and chart | CoinMarketCap
The live Cronos price today is $0.09311 USD with a 24-hour trading volume of $17,881,882.99 USD. We update our CRO to USD price in real-time.
coinmarketcap.com
