If you got in like I did, back in 2011, these ups and downs are meaningless. I didn't understand the world of cybercurrency but fortunately my grandson explained it to me and now I'm enjoying a comfortable retirement. I'm not telling you what to do with your money but hopefully the pain of your upcoming poverty will teach you to make better decisions in the future. I'd like to remind everyone, though, that my success isn't for me, though. I'm leaving all of my coins and tokens to my son, daughter, and gardener. Good luck to all longs.
OT- Bitcoin
- Thread starter redwine65
- Start date
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The next bottom won't come until the next bear... crypto hasn't even hit the bull yet
Bottom of bear typically won't be for about 1.5 to 2 years post peak. This is supposed to be the year of the peak. Peak has always, for BTC, November/December. There's always been pullbacks during the peak cycle year, so this doesn't surprise me one bit.
Last cycle it was Covid and the SEC playing legal games bringing bad news and affecting the market. This time it seems to be tariffs and possible shakeup with NATO and EU with these elections in Deutschland.
is the recent hack and theft of a zillion btc at an exchange who's name escapes me right now, partly to blame as well? for btc price right now??
From what I understand, it was 1.5B in ETH. Bybit was the exchange and 2 other exchanges have thrown in money to Bybit to help them make customers whole.
It was 3rd party software that Bybit was using. I think this mean that exchanges are going to have to start developing their own tools and really take security to level 10 importance and profit making needs to come down to a level 9 if they want to keep customers.
Not anymore. We're not getting any favors here. Although there were a small number of people who bought huge amounts of ADA, Eth, BTC, etc on Sunday before the social media post. One person made out with a $12 million profit in BTC alone. Luckily he/she sold right before the comment about the 25% tariffs was made. Lucky ducks! What are the odds! They all got in and got out at the perfect time.
What happened to that guy?
I loved his "stories" they were amazing.
The fights he made his kid take part in vs the town bully, that he reffed! Seems like that would have been jail time.
The secret bunker.
The secret deal with a local farmer where he would get all the food him and his family could eat in exchange for god knows what.
Glad I sold 1000 of mine back at 120, going to rebuy at these levels. Not telling you what to do with your money but my grandson has been helping me with these investment choices. He really explained to me how important it was to avoid my 401k and any fiat investments, Bitcoin has been a godsend for me and my family. I'm leaving all these profits to the family. God bless.
I LOOOOOVE your posts!
That guy makes the most amazing posts!
He said that one time he took his son out to the park to fight another kid and he like "reffed" the fight. He forced two kids to fight!!!