I wonder if these guys were smart enough to sell into strength? https://www.cbsnews.com/news/winklevoss-twins-bitcoin-billionaires-investment-price-surges/
They all go up initially because crypto traders are sloshing gains from older issues to new ones ......... rinse and repeat. Since the exchanges are unregulated is also helps that they can spoof the prices to attract the momo crowd before any real sell pressure begins.
The Winklevoss twins aren't "whales" in the investment industry. They're just trust fund babies - who nearly ruined what Facebook eventually became. At any rate, wouldn't surprise me if they haven't sold. In fact I think there's some story they had released in the media how each of them have a key to their Bitcoin stash that's locked away. Anyone who doesn't liquidate an initial $11 million position that became worth over $10 billion is a greedy moron and deserves to lose it all. Actually here's the quote: "The Winklevoss twins cut up the key to their $1.3 billion bitcoin fortune and keep each piece in different bank vaults. The Winklevoss twins, known for suing Mark Zuckerberg, started buying bitcoin in 2012. Their bitcoin holdings are now worth $1.3 billion, The New York Times reported.Dec 19, 2017"
I like QTUM,NEM,ZCASH,BITCOIN,BITCOIN CASH,ETHEREUM and TRON. Ripple is good but you must be careful and the same with TRON
Why Cryptocurrencies will succeed https://cointelegraph.com/news/puti...rcumvent-sanctions-government-remains-divided
There are two strong cases for Bitcoin and Crypto. Long term, as the world becomes less dependent on oil, it will hit USD obviously. There are many countries that can flourish on crypto so I am on the side that it will not ever go "poof"... But it's current valuation... yeah... I'm also very wary of true volatility in these, especially Bitcoin. It can crash unlike anything we've seen before. That's why I continue to day trade and swing and have sold enough of all my long term holdings w/ profit so the remaining positions are all greed free money rides. Has anyone here been taking advantage of the pricing differences between platforms/exchanges? I've seen value differences that can make people instant money just by transferring from one to another and am thinking about automating those finds.
What I'm not clear on his how are some of you guys both day trading and swing trading from the same crypto? Doesn't your position get averaged whenever you buy new coin?
Seriously, what is wrong with you people? Dog-e-Coin? LOL https://www.usatoday.com/story/mone...ody-now-worth-more-than-1-billion/1006701001/
When the next market crash takes place you will see Cryptocurrency gains like you never saw before as people look for other places to put their money.
Hey guys I started in HSM with the same screen name, bazooka85 with the "fighting inflation since 2007" and kool-aid-man emoji back yearrssss back. I was wondering if I could get some PMs notifying me where simonyadig is? Also do you guys trade altcoins or just buy and hold btc, or just hate cryptos all together?
I originally bought mine to hold, and kept adding on pullbacks, however when it shot up skyhigh common sense kicked in and I sold. Now I just trade them. I'm a believer in crypto but don't see any reason to buy n hold forever at this point when I can trade them 24/7. At some point it will stabilize and I will reconsider.
@bazook85 welcome back noob … i haven't seen czar around or simon even mrweekend all the old members from back in the day now in cyberspace i guess. good to see you back baz.
