Author Topic: Cryptocurrency Master Thread  (Read 61772 times)

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Online Kat Kid

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Re: Cryptocurrency Master Thread
« Reply #1875 on: August 10, 2020, 07:53:33 AM »
I don’t hate bitcoin, I’ve traded it. If it can hold $11,500 I may even get in.
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Online Phil Titola

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Re: Cryptocurrency Master Thread
« Reply #1876 on: August 10, 2020, 08:22:35 AM »
I got completely out of BTC in favor of some of the smaller players.  they are all about leveled off at the prices I got them so thinking maybe going back into the big boy with those funds?

Online Kat Kid

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Re: Cryptocurrency Master Thread
« Reply #1877 on: August 10, 2020, 09:06:45 AM »
I got completely out of BTC in favor of some of the smaller players.  they are all about leveled off at the prices I got them so thinking maybe going back into the big boy with those funds?
Yeah I think that is a good idea. The one thing that is now undeniable is that bitcoin is increasingly tied to the stock market, so if you think there is another big sell off coming (or even just a 10-15% sell off) then you should start a position now and then be ready to come back in with the rest when that happens. I see this playing out as similar to last time with it topping out around 16-20 and then flash crashing and slowly building again for another few years.
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