Bitcoin - Crypto investing and trading discussion

Discussion in 'Crypto Forum' started by heyimsnuffles, Dec 22, 2016.

  1. Rustic1

    Rustic1 Well-Known Member

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    Was hoping for a pullback to add, it went the other way.:(
     
  2. StockJock-e

    StockJock-e Brew Master
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    Its because you are not diamond handing, or does that only apply to GME and AMC?
     
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  3. Rustic1

    Rustic1 Well-Known Member

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    Mine is for Longterm, havent sold any. Goal is approx. 10% of my account. :cool2:

    Need a few whales to dump. Everybody getting bullish, messes up my plan. Might get a break over the weekend.

    Expecting the markets to bleed hard short term, got a few stocks in my sights. Time will tell.
     
  4. StockJock-e

    StockJock-e Brew Master
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    Its looking good on my 45min chart, broke the immediate downtrend today

    upload_2021-3-27_11-22-12.png
     
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  5. CFi

    CFi Member

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    Wow, that short-term downtrend was broken with some power today.
     
  6. Rustic1

    Rustic1 Well-Known Member

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    Didn't get the dip I wanted to add. Went against me.
    My tulip garden is performing very well, but I want to add a couple more rows. :cool2:

    Hoping some of you bears can work it back down, the lower the better. :D
     
  7. Rustic1

    Rustic1 Well-Known Member

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    The pullback blowed up in my face. Should have just pulled the trigger and been done with it. :lauging:

    The bears and non believers get slapped on a daily basis. Bubble this suckas. :rofl:
     
  8. StockJock-e

    StockJock-e Brew Master
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    Not new, but its starting today:


    Exclusive: PayPal launches crypto checkout service
    By Anna Irrera

    3 Min Read

    LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.
     
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  9. StockJock-e

    StockJock-e Brew Master
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    Goldman Sachs is close to offering bitcoin and other digital assets to its wealth management clients
    Goldman Sachs is close to offering its first investment vehicles for bitcoin and other digital assets to clients of its private wealth management group, CNBC has learned exclusively.

    The bank aims to begin offering investments in the emerging asset class in the second quarter, according to Mary Rich, who was recently named global head of digital assets for Goldman’s private wealth management division.

    ″We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem for private wealth clients, and that is something we expect to offer in the near term,” Rich said in an interview this week.

    Goldman is looking at ultimately offering a “full spectrum” of investments in bitcoin and digital assets, “whether that’s through the physical bitcoin, derivatives or traditional investment vehicles,” she said.
     
  10. CFi

    CFi Member

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    This is textbook support and resistance behavior. Check out the blue medium-term trendline: It acted as support before crashing through it. When the price came back up from the lower red channel line, it acted as resistance. Now that the price has broken through it, it acts as support again -- it has done so twice already. (Also note how the upper red channel line became support, once the price had broken through it.)

    Untitled.png
    In any case, this chart (at least the downward channel was broken) is done for. Let's see what I can cook up with the new price development...
     
  11. Rustic1

    Rustic1 Well-Known Member

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    My tulip bulb garden has some heavy hitters in the fields. :cool2:

    Screenshot_20210401-051646_Webull.jpg
     
  12. StockJock-e

    StockJock-e Brew Master
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    This seasons tulip harvest is looking good!
     
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  13. Rustic1

    Rustic1 Well-Known Member

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    More good news and proof it is here to stay and now recognized as a " SERIOUS ASSET"
    At some point it will become more stable.
    I'm very confident with my tulip bulb garden. :D

    Screenshot_20210404-061120_Chrome.jpg
     
  14. Rustic1

    Rustic1 Well-Known Member

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    Starbucks anyone? :D

    Screenshot_20210404-122102_Chrome.jpg
     
  15. StockJock-e

    StockJock-e Brew Master
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    The irony is that bitcoin was meant to be the replacement for centralized finance and was capable of buying coffee before the fees became $20 for a transaction.
     
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  16. Rustic1

    Rustic1 Well-Known Member

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    Those days are gone. Crypto is now a 2 TRILLION dollar environment and growing. Some of the modern people have no confidence in the markets and have no intention of entering it.
    I'm considering adding ETH.

    Sad part is all those years I was a non believer.

    We now live in a World of EV,AI,FINTECH and CRYPTO.
    NFTs are gaining popularity.
     
  17. StockJock-e

    StockJock-e Brew Master
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    NFT's are a bad sign of excessive exuberance.

    NFTs have their place, but $69M for some crappy collage?

    An artist selling some nice work, and being able to profit for future re-sale of their work? This is a wonderful vehicle that allows artists to benefit.

    The current craze will cool off eventually, but a lot of people end up holding garbage.
     
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  18. Rustic1

    Rustic1 Well-Known Member

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    Thats what both of us said about BTC. :D For years I said people were nuts for buying it. :cool2:

    GME fooled both of us. The Buffets are dying out and the millennials are taking the reigns. I grew up watching the JETSONS on black and white television, and riding on my big wheel. Now all that stuff is becoming reality.
     
  19. Rustic1

    Rustic1 Well-Known Member

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  20. Vdubman

    Vdubman Well-Known Member

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    This is why we have Litecoin. Because the fees are .02% of that which Bitcoin requires yet still processes just as fast. BCH attempted to be LTC but is still based off the broken BTC code base that cannot be everyday cash.
     

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