Bitcoin

Poser said:
I get using MSTR to trade for profit, but in terms of investing, its a weird play. Investing in a company who's investing in bitcoin? why not just invest the money in bitcoin?
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I'm not trading MSTR. I plan to hold my position for longer than 12months. MSTR is securitizing BTC and delivering 2x BTC gains for shareholders. I have a significant investment in BTC, BTC ETF's (roth) and MSTR. I have also invested in COIN and 6 publicly traded BTC miners.
 
Silver Wings said:
I’m hoping for that 30% retrace…if it happens I’m going hard. I’ll be adding in the low 90s on down.
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I'll also add that if Bitcoin corrects to 30%, altcoins are going to bleed -50% correction or more.
Of course, anyone who has been in Crypto for any length of time has to be able to handle such swings or they wouldn't have been in Crypto for any length of time.
 
Didn’t do well with dogecoin, should have invested in bitcoin but knowing me I wouldn’t have held long enough to make real money 😂
 
Billions of dollars worth of options on Bitcoin and Ethereum are expiring which is causing some fluctuations in the market. Picked up some more BTC/ETH ETFs + incremental DCA amounts of XRP, Avalanche and H-Bar yesterday.
 
Poser said:
-In the last week worth of bull run, Ethereum has been consistently running 10% more than Bitcoin, even though Bitcoin hit an all time high.
-Ethereum has had 450 million transactions in the last month
-Ethereum ETFs approved earlier this year
-Pension funds are buying Ethereum ETFs
-You can stake Ethereum, can't stake Bitcoin
-Awaiting potential approval on staking Ethereum ETFs

Don't get me wrong, I've been buying Bitcoin for longer than I've been buying Ethereum and I continue to buy bitcoin in the ETF format, but I switched my focus more to Ethereum several years ago. Bitcoin is gold, Ethereum is oil -it has the utility potential. Bitcoin is the crypto big dog and probably always will be. Ethereum comes in #2, but what I'm looking at is the runway and it has a LOT of runway.


Now, let's here's you analysis on what makes Ethereum garbage and why it will go to zero.
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The analysis is EVERYTHING goes to zero against BTC given a long enough timeframe. If you’re a trader then take your bets on the pull backs but proceed with caution.
 
The only people talking about a rocket ship are the same guys talking bitcoin only rocket ship through the bear market. Bitcoin has no top. Cope and seethe, we are going to the moon.
 

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Don't worry, next year we won't talk about rocket ships. We will be talking about sheep hunts and porsche. And I apologize for being obnoxious. But when i got a pot of coffee down already this morning haha, and i've been a bitcoiner the last 4 years and then retired myself early. You just get tired of the naysayers and the top callers.
 
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