1. 06-16-22 05:50 PM #141
    raiders72001
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    Quote Originally Posted by ByeShea View Post
    Because a birth of an asset class is a one-time event. Today every single holder of bitcoin from the last 18 months is not only out of the money, but stressed about the future of crypto when you have players like Citadel pulling strings and manipulating the hell out of the market.

    Again, this is no place for the risk averse. And the smartest money is always risk averse.
    The smartest and richest people under 80 are in crypto. Elon Musk, Michael Saylor, Mark Cuban (80% of investments outside of Shark Tank). Many millionaires and billionaires come out of crypto.
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  2. 06-16-22 05:50 PM #142
    pavyracer
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    Quote Originally Posted by ByeShea View Post
    Because a birth of an asset class is a one-time event. Today every single holder of bitcoin from the last 18 months is not only out of the money, but stressed about the future of crypto when you have players like Citadel pulling strings and manipulating the hell out of the market.

    Again, this is no place for the risk averse. And the smartest money is always risk averse.
    raiders is like the orchestra on the Titanic. Kept playing music as the ship went down to the bottom of the ocean.
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  3. 06-16-22 05:55 PM #143
    raiders72001
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    Quote Originally Posted by pavyracer View Post
    raiders is like the orchestra on the Titanic. Kept playing music as the ship went down to the bottom of the ocean.
    First jumped in at $25. I'll be ok.
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  4. 06-16-22 05:57 PM #144
    raiders72001
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    DeFi projects with 20% yield are risky. Algorithmic stablecoins are risky. Bitcoin's not risky, it's volatile.
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  5. 06-16-22 06:34 PM #145
    pablo222
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    Raiders=legend.
    Laughs at this crash.
    See ya in couple years.
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  6. 06-16-22 07:09 PM #146
    raiders72001
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    Quote Originally Posted by pablo222 View Post
    Raiders=legend.
    Laughs at this crash.
    See ya in couple years.
    I'll be here and we'll all celebrate.
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  7. 06-16-22 07:36 PM #147
    jjgold
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    Everyone buried
    Sell everything get into cash
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  8. 06-16-22 10:16 PM #148
    Optional
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    Quote Originally Posted by raiders72001 View Post
    The price of cryptos will decouple from the stock market. The correlation that's present now didn't exist for most of bitcoin's life.
    Agree, but not completely.

    Quote Originally Posted by ByeShea View Post
    Why couldn't it?

    It's shown itself to be an absurdly risky asset class.
    How on earth is it risky?

    It's volatile for sure but institutions do not agree with "absurdly risky" call.

    You're just repeating the dumbass stuff the mainstream media says.

    Ignore them and make some money.
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  9. 07-10-22 11:46 PM #149
    Yulia74
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    Quote Originally Posted by floki View Post
    all major markets could drop to their march 2020 lows
    look at qqq, its in a downward sloping channel not just a reg. downtrend, well formed downward pressure, and its got the step down going, as long as this trend is in place its going down
    still crawling, no capitulation

    march 2020 lows is ~50% drop, only if the fed doesnt pivot


    50% Drop For The S&P? Why Michael Burry And 'Dr. Doom' Nouriel Roubini Think So
     Jul. 07, 2022
    https://seekingalpha.com/article/452...ubini-think-so
    Last edited by Yulia74; 07-10-22 at 11:52 PM.
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