Bitcoin

[IdahoElk]

You don't understand Bitcoin and your going to stay far away from it. Got it.

Can you explain why it went down over $3k today?

 

[2531usmc]

It does seem as if BTC dumps when gold pops. Gold up 3.8% today. Both are considered a store of value but move in opposite directions.

Any idea why or just random market moves?

 

[MountainTracker]

Can you explain why it went down over $3k today?

CME gap needed to be filled.


Sent from my iPhone using Tapatalk

 

[MountainTracker]

It does seem as if BTC dumps when gold pops. Gold up 3.8% today. Both are considered a store of value but move in opposite directions.

Any idea why or just random market moves?

Still considered risk on for most. You are correct though in most cases they move opposite of each other. Rotation of funds from one asset to another.


Sent from my iPhone using Tapatalk

 

[KsRancher]

Still considered risk on for most. You are correct though in most cases they move opposite of each other. Rotation of funds from one asset to another.


Sent from my iPhone using Tapatalk

If that is the case it appears it will be a rough road ahead for BTC.

 

[fmyth]

If that is the case it appears it will be a rough road ahead for BTC.

Just BTC doing what BTC does. It's not a great investment for weak hands with a short time horizon.

 

[stevewes2004]

Sent from my iPhone using Tapatalk

 

[fmyth]

Banks

Sent from my iPhone using Tapatalk

Adoption will happen fast after the Crypto Clarity Act is passed.

 

[LFC911]

I was waiting for FBTC to get to $75 to buy in and now it is in the ~$72 range...is now the time to jump in?

 

[SwiftShot]

Who is in on it? How long have you been riding the rollercoaster and when are you getting off?

Dont get me started on that crap. I was encouraged when it was less than 22 cent. I finally did it years and years later. My buddy who put in a few hundred dollars at 22 cents Summers in Italy at his house there.

 

[Poser]

I was waiting for FBTC to get to $75 to buy in and now it is in the ~$72 range...is now the time to jump in?

The classic: "I'm going to wait for the dip, but I'm too scared to buy the dip"

 

[LFC911]

The classic: "I'm going to wait for the dip, but I'm too scared to buy the dip"

Skeerd...Just bought $25k $73/sh

 

[betelgeuse]

Bit O Honey > Bitcoin

 

[Poser]

 

[KsRancher]

Skeerd...Just bought $25k $73/sh
View attachment 1012763

I bought it at $95. I cant make myself dollar cost average it down. I just dont believe in it enough to pull the trigger

 

[Silver Wings]

I bought it at $95. I cant make myself dollar cost average it down. I just dont believe in it enough to pull the trigger

You’re going to regret that.
I had my tit in the wringer on a bad nat gas trade. Was waaaaay down on it…at 6% of portfolio. The only way out was to buy my way out. Ended up with 12% of portfolio but got out of the jam

I sold my etf when BTC was at $97.5k a couple weeks ago. Will be buying back in from under $80k down to low 70s, high 60s. There should be plenty of opportunity for that in the next 6-9 months.
According to my crystal ball anyway.

 

[Silver Wings]

I was waiting for FBTC to get to $75 to buy in and now it is in the ~$72 range...is now the time to jump in?

Not for me. I’ll be nibbling under BTC $80k and getting serious in low 70s

 

[dschade9]

.