Bitcoin explosion and ALT coins thread

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Up 50 euros in a week

50 points up

Should have put 1k but too poor for that
 
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To me this looks like institutionsare now holding alongside BTC diehards.
That could be why all dips are being bought up straight away.
You could be looking at the new gold here.

upload_2021-1-8_15-25-31.png
 
Marketcaps.
Just surpassed FB and hot on the heels of Tesla.

upload_2021-1-8_15-28-17.png
 
BTC will probably hit 46K or so and then some correction. Ethereum still hasn't hit their 2017 high of 1.4K (meanwhile BTC has already shattered their previous all time high.)

I expect Ethereum to significantly appreciate more.
 
I missed the bitcoin train. Looking to catch a ride on EV, nickel mining and hopefully a SpaceX IPO in the next few years. Crypto is too risky for my shallow pockets.
 
RetiredSlave said:
I missed the bitcoin train. Looking to catch a ride on EV, nickel mining and hopefully a SpaceX IPO in the next few years. Crypto is too risky for my shallow pockets.
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You're looking at money the wrong way.

You shouldn't try to buy (and then sell) BTC or other Crypto to get more US dollars. You do not want US dollars - you want Bitcoin. You should try to accumulate as much BTC as possible because long term it will have much more value.

The US dollar will have much less value in the future. The US government is printing US dollars at unprecedented rates to pay for pandemic relief. They have printed more US dollars this year than they have in the last 200 years.

What does that mean? Crazy inflation and the US dollar LOSING value. Every year.

It is straight up dumb to have a traditional savings account. I just looked at the latest interest rates you get from a traditional savings account from Chase - it's like .01% LOL.

Think of BTC as money or gold. Try to get as much of it as possible at the cheapest prices as possible.

All the institutions are trying to accumulate as well as governments. So whenever there is a dip, try to get some. But even if you buy it at a high, it's completely ok. Don't panic. Just HOLD. This only applies to BTC and Ethereum. Other alt coins - they are much more risky (but can pay off if you exit at the right time.) But for people not actively trading, just get BTC and Ethereum.
 
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MIKOM said:
To me this looks like institutionsare now holding alongside BTC diehards.
That could be why all dips are being bought up straight away.
You could be looking at the new gold here.

View attachment 824809
Click to expand...

I have read this quite often, but nobody has yet provided any proof of this yet. Generally institutional investors invest a lot of money, lets just say 7-8 digit. How many wallets are there that recently have added bitcoins in that range? Should be quite easy to prove.
 
Hog-train said:
You're looking at money the wrong way.

You shouldn't try to buy (and then sell) BTC or other Crypto to get more US dollars. You do not want US dollars - you want Bitcoin. You should try to accumulate as much BTC as possible because long term it will have much more value.

The US dollar will have much less value in the future. The US government is printing US dollars at unprecedented rates to pay for pandemic relief. They have printed more US dollars this year than they have in the last 200 years.

What does that mean? Crazy inflation and the US dollar LOSING value. Every year.

It is straight up dumb to have a traditional savings account. I just looked at the latest interest rates you get from a traditional savings account from Chase - it's like .01% LOL.

Think of BTC as money or gold. Try to get as much of it as possible at the cheapest prices as possible.

All the institutions are trying to accumulate as well as governments. So whenever there is a dip, try to get some. But even if you buy it at a high, it's completely ok. Don't panic. Just HOLD. This only applies to BTC and Ethereum. Other alt coins - they are much more risky (but can pay off if you exit at the right time.) But for people not actively trading, just get BTC and Ethereum.
Click to expand...

Is this satire?
 
At 32.5k right now... crazy how much it has gone up and down in just a week, let alone the last month or so.
 
Looks like it's crashing. Bitcoin went down by 10K. ETH has gone down as well.
 
Wreckless said:
Looks like it's crashing. Bitcoin went down by 10K. ETH has gone down as well.
Click to expand...

I've seen this happen multiple times lol. People are taking profits and whales are scaring people to sell only come in and buy lower .

Same old cycle . I got immune to its volitilty years ago.
 
kenetics said:
I've seen this happen multiple times lol. People are taking profits and whales are scaring people to sell only come in and buy lower .

Same old cycle . I got immune to its volitilty years ago.
Click to expand...
Yea, i'm not worried. Perfect opportunity to buy more lol.
 
Wreckless said:
Yea, i'm not worried. Perfect opportunity to buy more lol.
Click to expand...

Yup. I even sold 1 bitcoin and 36k. I knew it was going to correct . It will continue to go back up . It will reach new Highs and then correct again, over and over lol.

These whales think their slick. Don't let them get take your bitcoins!
 
People selling now will regret later. Just buy and hold and don’t go back into fiat. Max Keiser knows. Watch this and open your eyes:
 
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