Think it may be a good time to buy out of some positions and have money ready for the inevitable dip coming this week. Not sure what I want to liquidate though
What is this inevitable dip you mention? Aren’t we in a dip right now?
Comment
The Kraken
BARRELED IN @ SBR!
12-25-11
28918
#6023
It's a good idea to always have your usd wallet loaded, plus some amount in btc at your exchanges. This gives you options as the market moves. No need to buy out of any positions to do this
Comment
TPowell
SBR Posting Legend
02-21-08
18842
#6024
Originally posted by The Kraken
It's a good idea to always have your usd wallet loaded, plus some amount in btc at your exchanges. This gives you options as the market moves. No need to buy out of any positions to do this
Yep, unfortunately I use Coinbase and bank deposits take 7 days to go through and my CC limit is shit (like $750)
Comment
TPowell
SBR Posting Legend
02-21-08
18842
#6025
Originally posted by DOM_Toretto
What is this inevitable dip you mention? Aren’t we in a dip right now?
We are but lot of speculation that we'll dip to 8K or so before we start rolling towards 20K again
Comment
Mac4Lyfe
SBR Aristocracy
01-04-09
48539
#6026
Originally posted by TPowell
We are but lot of speculation that we'll dip to 8K or so before we start rolling towards 20K again
So if we get to $20k, why worry about $8k??? Why are you trying to time the market? Why not just chill??? If you don't believe it will get to $20k then you might as well sell and get out. Trying to speculate a very speculative market is damn near impossible.
Comment
firekillex
SBR Hall of Famer
09-18-13
6420
#6027
always great to lose all your ARK because its saying passphrase wrong even though you 100% guarantee wrote it down correctly
great day of crypto for me losing over 5% of my portfolio for no reason
Comment
hotcross
SBR Hall of Famer
08-04-17
7934
#6028
Originally posted by Mac4Lyfe
So if we get to $20k, why worry about $8k??? Why are you trying to time the market? Why not just chill??? If you don't believe it will get to $20k then you might as well sell and get out. Trying to speculate a very speculative market is damn near impossible.
Mac, you ask those questions, but I doubt you personally are looking for any answer that applies to your long-term hold philosophy.
Here tho, a sports analogy (a clunky one). This site is primarily for people who like to predict the outcome of sporting events. We attempt to succeed in that endeavor by picking spots. Are we always right every single game, no? But at the same time, we don't pick the White Sox, for example, to win EVERY DAY they play a game. There are days when the White Sox will win and are a good pick.
Comment
Bluehorseshoe
SBR Posting Legend
07-13-06
15016
#6029
I'm going to ask a stupid question.
What is the reason for the four major coins (Bitcoin, Bitcoin cash, Ethereum and Litecoin) to keep moving up and down in unison the way it does now? Even when Ethereum jumped it was going in the same direction of the other coins. There's no real differential at all anymore.
Comment
raiders72001
Senior Member
08-10-05
11172
#6030
Originally posted by Bluehorseshoe
I'm going to ask a stupid question.
What is the reason for the four major coins (Bitcoin, Bitcoin cash, Ethereum and Litecoin) to keep moving up and down in unison the way it does now? Even when Ethereum jumped it was going in the same direction of the other coins. There's no real differential at all anymore.
Price manipulation. In the old days BTC and LTC moved together. There was an anti-correlation between BTC and ETH. Ripple was a wild card. There were reasons for price movements and you had to do your homework with all coins.
Comment
biggie12
SBR Posting Legend
12-30-05
13794
#6031
Anyone invest into paccoin or am i the only idiot holding 200 million coins.
Comment
ans61201
SBR MVP
10-11-15
3661
#6032
Originally posted by Bluehorseshoe
I'm going to ask a stupid question.
What is the reason for the four major coins (Bitcoin, Bitcoin cash, Ethereum and Litecoin) to keep moving up and down in unison the way it does now? Even when Ethereum jumped it was going in the same direction of the other coins. There's no real differential at all anymore.
Posed the same question a week or so ago and got one uneducated answer. Just figure with this dip, money is getting taken in and pulled out at same time. The alts were moving with btc for a while, some have went off on their own but nothing really making major runs on their own. Problem with getting a real answer on this thread anymore is we have a bunch of two week olds into crypto that love to share their opinion with nothing backing it other than that’s what they think at that time, that don’t understand you have two ears and one mouth for a reason. Good luck.
Comment
ans61201
SBR MVP
10-11-15
3661
#6033
The 17 seaweeds that post 20x per day have scared the sharps like Shock and JP away 😭😭😭😭
Comment
flyingillini
SBR Aristocracy
12-06-06
41219
#6034
just wait until quikcoin launches!!!!!!!!!! gonna make a killing on this bad boy
2) F2Pool one of largest Ethereum miners bought $3.1 million EOS tokens
And last week Eric Schmidt's VC fund partnered with EOS.
-
If there is a coin to stick in the bank for a few years ... this could be it.
I think you're right about EOS but ADA is the best smart contract coin.
ADA
EOS
NEO
ETH
are my favorites.
Comment
biggie12
SBR Posting Legend
12-30-05
13794
#6038
Originally posted by flyingillini
just wait until quikcoin launches!!!!!!!!!! gonna make a killing on this bad boy
what the indian exchange quikcoin?
what u talking about willis
Comment
Bluehorseshoe
SBR Posting Legend
07-13-06
15016
#6039
Originally posted by raiders72001
Price manipulation. In the old days BTC and LTC moved together. There was an anti-correlation between BTC and ETH. Ripple was a wild card. There were reasons for price movements and you had to do your homework with all coins.
That's the only thing that made sense and is worrisome.
I would think at some point Bitcoin and Bitcoin Cash would go in opposite directions.
Comment
ByeShea
SBR Hall of Famer
06-30-08
8135
#6040
Originally posted by DOM_Toretto
Why is it the only coin in red right now?
If my interest in this coin (do not own, for the record) would be to bank it for a few years because of who is involved ... then my interest in how it trades this afternoon vs. the rest of the crypto is nil.
Comment
Arky
SBR MVP
12-09-11
1107
#6041
I'm seeing a bunch of alt coins in the green right now but the prices aren't that great. It's like they are all waiting on BTC and ETH to pick it up.....
Comment
MMANick
SBR MVP
12-06-16
4075
#6042
Looking at getting involved and just investing a little per week on a coin. I'll be reading this thread and some of the others on the subject. What should I get into? Any up and coming coins? I could be missing a thread where that's discussed, if so, sorry!
Comment
Arky
SBR MVP
12-09-11
1107
#6043
Just saw someone selling 300 ETH coins for $1000 ($300,000 total) on GDAX. I get gaming the system - buy low, sell high - but really, $1000? Given the fluctuations of ETH in the past few days, why bother? Shouldn't be too hard to wait on a better selling point....
Comment
DOM_Toretto
Restricted User
01-28-13
9035
#6044
Originally posted by Arky
Just saw someone selling 300 ETH coins for $1000 ($300,000 total) on GDAX. I get gaming the system - buy low, sell high - but really, $1000? Given the fluctuations of ETH in the past few days, why bother? Shouldn't be too hard to wait on a better selling point....
Mac, you ask those questions, but I doubt you personally are looking for any answer that applies to your long-term hold philosophy.
Here tho, a sports analogy (a clunky one). This site is primarily for people who like to predict the outcome of sporting events. We attempt to succeed in that endeavor by picking spots. Are we always right every single game, no? But at the same time, we don't pick the White Sox, for example, to win EVERY DAY they play a game. There are days when the White Sox will win and are a good pick.
If you believe in the future of crypto, wouldn't it make sense to hold long term? The White Sox won't win every day but if you thought they were a solid pick, why would you try and chase? I'm seeing people in this forum talk about trading crypto day in/day out but they don't even have a clue what drives the market. That is not a good recipe for success. I say to them, buy and hold long term or don't waste your time. The Stock Market would be a much better investment.
Comment
raiders72001
Senior Member
08-10-05
11172
#6047
Originally posted by Mac4Lyfe
If you believe in the future of crypto, wouldn't it make sense to hold long term? The White Sox won't win every day but if you thought they were a solid pick, why would you try and chase? I'm seeing people in this forum talk about trading crypto day in/day out but they don't even have a clue what drives the market. That is not a good recipe for success. I say to them, buy and hold long term or don't waste your time. The Stock Market would be a much better investment.
Buy and hold or swing trade. The same pattern seems to happen every day. Buy in red and sell in green.
How self-proclaimed “pump and dump groups” scam thousands of wannabe altcoin investors.
Comment
Mac4Lyfe
SBR Aristocracy
01-04-09
48539
#6049
Originally posted by raiders72001
Buy and hold or swing trade. The same pattern seems to happen every day. Buy in red and sell in green.
Crypto does seem to move like clockwork but the one day I swing trade is the day it does the opposite. Not really worth the effort for me. I'm not interested in trying to time pump and dump schemes either. Great way to get fukked.
Comment
xKMACKx
SBR MVP
11-16-08
1274
#6050
There should be one more hard dip on the 26th before CME futures expire, then shoots up hard. Tend to believe this, but we'll see. I will load up if it hits around 9K again.
Alright, hear me out on this theory :
On 20th November announcements were spread about the Bitcoin Futures launch on CBOE and CME
Shortly after that, price starts moving up strongly and market cap goes parabolic (big players who plan to go short on BTC when futures are launched ?)
After the launch on CME, we see a huge drop in BTC price (same guys taking profit after they went short on BTC Futures ?)
On Jan 17th the CME Futures expired - coincidentally it aligns perfectly with the lowest …
Comment
Goat Milk
BARRELED IN @ SBR!
03-24-10
25850
#6051
Facebook coin and blockchain would be good for bloggers.
Cause Sleep is the Cousin of Death
Comment
dudekid
SBR MVP
12-08-09
3200
#6052
Long time lurker on this thread, getting into investing in some of the lesser known coins. Great info on here!
Anyone heard of Telcoin (TEL)? I believe its only available on Kucoin, just launched last week...but it seems like it has some potential. Good white paper and use-case, interesting team (aside from a dumb rap style youtube music video) and best of all its trading at around 55 Sat right now (very cheap)...if this coin gets some traction it could be very interesting.
Comment
GunShard
SBR Posting Legend
03-05-10
10032
#6053
Originally posted by biggie12
Anyone invest into paccoin or am i the only idiot holding 200 million coins.
When the market cap goes past 600 million. I would start selling all of it.