Bitcoin explosion and ALT coins thread

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TheBigJuicyGuy said:
I just have this feeling that crypto is not sold yet. Isn't it a bit volatile or are we sold on crypto yet?
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It was more speculation years ago. In 2019 in crashed due to no support from intuitional enenties.

Now big hedge funds, banks , big tech are flooding in due to finally understanding it's a hedge against inflation and was originally created to protect wealth.

It's like digital gold but even better.
 
Social Distance Warrior said:
How much was it initially worth when you first started investing?
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Well it was around $600 towards end of 2014. So I was profit pretty fast. But than around 2015 it dropped by half around 300.

I got spooked and stop buying and just held what I had at the time. Then it started to go back up in 2016 . So I started to buy again.


So Bitcoin has always been my best performing crypto over all the rest.

I just kept researching any getting more comfortable as time went by. I gave myself a 25k limit during those years. I told myself that I was willing to lose it all. Meaning I would hold Bitcoin until it went back to 0 .

In 2019 it crashed from high 19k to 3600. Alot of people sold after that. I bought more and held .



In my research I knew that banks and hedge funds were accumulating Bitcoin behind the scenes. They were talking bad about it so the price would drop . They knew people would get scared and sell . Which helped those intuitional banks and hedge fund accumulate at lower prices.

Every Bitcoin being mined now is already bought big intuitional money. In the next few years it's going to be hard for anyone to get a hold of a whole Bitcoin.
 
i lost hundreds of bitcoins and most of the crypto ive ever had i lost from getting liquidated like a retard doing high risk leveraged trading because i thought i was too smart to lose, dont be like me and buy bitcoin and do your homework and research and control your own keys safely and securely to attain financial sovereignty by becoming a long term holder, trade alts to accumulate bitcoin dont get scammed, 2021 gonna be lit theres always opportunity boys
 
kenetics said:
As some of you know, I've been in crypto for a long time. Bitcoin has broken old highs and is almost at 28k.

Institutional money is pouring in from all directions and I believe it's going to continue to rise.

Now I'm at a crossroads to sell some of my crypto because doing so I could pay off my house.. I'm having a hard time selling any of my Bitcoin because all the years I held it.

I tried to tell my family to invest yrs ago but they didn't listen. Now I'm getting calls from everyone I told lol.

It would be cool to have my house paid off though. My house is valued at $340,000
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turtle vs the hare my friend, im a fucking hare LOL
 
THEfightsAREfixed said:
i lost hundreds of bitcoins and most of the crypto ive ever had i lost from getting liquidated like a retard doing high risk leveraged trading because i thought i was too smart to lose, dont be like me and buy bitcoin and do your homework and research and control your own keys safely and securely to attain financial sovereignty by becoming a long term holder, trade alts to accumulate bitcoin dont get scammed, 2021 gonna be lit theres always opportunity boys
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Ya. I never leveraged any my accounts. But I can see the temptation lol.
 
HeffDoesWant said:
If it crashes tomorrow would you have gained anything but bragging rights for a few years?

Convert some of your gains into real profit and no matter what you did well.
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True. I know the number one rule in investing is not to get emotional. I really dont when it comes to my traditional stock holding.


I think Bitcoin is different to me because I believe in it's bigger purpose now. Before maybe it was all about the gains but now I don't care. I mean I saw it crashed and for some reason I didn't sell lol. It's just weird.
 
kenetics said:
Ya. I never leveraged any my accounts. But I can see the temptation lol.
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the thrill of victory, the agony of defeat as they say, super wild ride in 2016-2017, now im just a boring spot trader doing a little swing with not much but enough to be a little something after 20x...
 
kenetics said:
No, around 10k at that time. And bought some every year after. The gains are crazy. I think last time looked I was up like 14,000 percent . Lol....
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If you're up 14000% then, you have over $3 million in crypto?
 
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