Author Topic: Cryptocurrency Master Thread (Read 219675 times)

wetwillie · « **Reply #2675 on:** April 15, 2021, 06:20:51 PM »

Quote from: 8manpick on April 15, 2021, 04:32:04 PM

I’ve made what I feel like is an embarrassing amount of money on Doge, but I’m still holding a chunk. Keep on pumping Reddit!

I’ve got a short on doge, so at least one of us will win

8manpick · « **Reply #2676 on:** April 15, 2021, 07:57:53 PM »

I’m in pure profit territory now... only full of regrets for the pieces I sold today 30% ago

DaBigTrain · « **Reply #2677 on:** April 15, 2021, 08:57:05 PM »

Quote from: DaBigTrain on April 15, 2021, 02:57:23 PM

Quote from: DaBigTrain on April 13, 2021, 08:54:02 PM
Let’s rough ridin' do this! #DOGE

This is worth over $8 now

$13 now!

steve dave · « **Reply #2678 on:** April 15, 2021, 09:04:23 PM »

DON'T SELL!

DaBigTrain · « **Reply #2679 on:** April 15, 2021, 09:04:47 PM »

DaBigTrain · « **Reply #2680 on:** April 15, 2021, 09:20:29 PM »

Quote from: steve dave on April 15, 2021, 09:04:23 PM

DON'T SELL!

I bought the dip! LFG!!!!!!!!!!!!

Brock Landers · « **Reply #2681 on:** April 16, 2021, 08:37:21 AM »

Quote from: Brock Landers on April 15, 2021, 02:47:21 PM

Well now I'm starting to regret not buying any more DOGE after my initial investment of $20.

Not long after posting this I bought more DOGE. Feels good, I expect to be a millionaire by the end of the day.

DaBigTrain · « **Reply #2682 on:** April 16, 2021, 08:39:03 AM »

Quote from: DaBigTrain on April 15, 2021, 09:20:29 PM

Quote from: steve dave on April 15, 2021, 09:04:23 PM
DON'T SELL!
I bought the dip! LFG!!!!!!!!!!!!

LOL

XocolateThundarr · « **Reply #2683 on:** April 16, 2021, 08:42:26 AM »

I bounced out of it after doubling my money. Didn't want to get burned especially by a piece of crap like DOGE.

DaBigTrain · « **Reply #2684 on:** April 17, 2021, 10:59:11 PM »

I bought the dip. IDK about anyone else.

steve dave · « **Reply #2685 on:** April 17, 2021, 11:17:41 PM »

I bought a tiny bit of eth. Would have bought more but didn’t (don’t) know what’s going on.

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wetwillie · « **Reply #2686 on:** April 17, 2021, 11:38:05 PM »

Quote from: DaBigTrain on April 17, 2021, 10:59:11 PM

I bought the dip. IDK about anyone else.

Man it was a fire sale

steve dave · « **Reply #2687 on:** April 18, 2021, 06:54:39 AM »

Quote from: wetwillie on April 17, 2021, 11:38:05 PM

Quote from: DaBigTrain on April 17, 2021, 10:59:11 PM
I bought the dip. IDK about anyone else.

Man it was a fire sale

Still is....

Sent from my iPhone using Tapatalk

wetwillie · « **Reply #2688 on:** April 18, 2021, 07:48:46 AM »

Quote from: steve dave on April 18, 2021, 06:54:39 AM

Quote from: wetwillie on April 17, 2021, 11:38:05 PM
Quote from: DaBigTrain on April 17, 2021, 10:59:11 PM
I bought the dip. IDK about anyone else.

Man it was a fire sale
Still is....

Sent from my iPhone using Tapatalk

Apparently this thing has one more big push up to 70-80 and then it’s going to die and signal a long bear season , just FYI.

steve dave · « **Reply #2689 on:** April 18, 2021, 07:50:12 AM »

Quote from: wetwillie on April 18, 2021, 07:48:46 AM

Quote from: steve dave on April 18, 2021, 06:54:39 AM
Quote from: wetwillie on April 17, 2021, 11:38:05 PM
Quote from: DaBigTrain on April 17, 2021, 10:59:11 PM
I bought the dip. IDK about anyone else.

Man it was a fire sale
Still is....

Sent from my iPhone using Tapatalk

Apparently this thing has one more big push up to 70-80 and then it’s going to die and signal a long bear season , just FYI.

counterpoint: $100k

catastrophe · « **Reply #2690 on:** April 18, 2021, 10:22:23 AM »

So how many farms do I need to pump into this thing now? Seems like this is my chance to make up for being late to the game.

steve dave · « **Reply #2691 on:** April 18, 2021, 10:33:18 AM »

How many farms do you have? I’d say take that amount and do like 3x leverage. Just imHo.

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wetwillie · « **Reply #2692 on:** April 18, 2021, 10:34:21 AM »

One farm into OMI, one farm into DVPN, remaining crops into FLR in July.

DaBigTrain · « **Reply #2693 on:** April 18, 2021, 12:21:12 PM »

So postmortem analysis of the crash last night is pointing to about 3 things.

First was a coal mining incident in China led to about ~21% of the hashpower of the Bitcoin network going offline. More of a precaution type of thing to inspect equipment and stuff.

Second was a rumor of several large financial institutions being investigated for using crypto to launder money.

Third and most significant was because of the first two the price was going lower and it triggered about ~$10 billion in long margin liquidations. Sounds like a bunch of people were way over leveraged and just got rough ridin' rekt.

wetwillie · « **Reply #2694 on:** April 18, 2021, 12:56:12 PM »

Quote from: DaBigTrain on April 18, 2021, 12:21:12 PM

So postmortem analysis of the crash last night is pointing to about 3 things.

First was a coal mining incident in China led to about ~21% of the hashpower of the Bitcoin network going offline. More of a precaution type of thing to inspect equipment and stuff.

Second was a rumor of several large financial institutions being investigated for using crypto to launder money.

Third and most significant was because of the first two the price was going lower and it triggered about ~$10 billion in long margin liquidations. Sounds like a bunch of people were way over leveraged and just got rough ridin' rekt.

To your third point, exchanges are feeding margin positions to large players similar to robinhood feeding order flow to hedge funds. Seeing a bunch of highly leveraged long positions is like fresh meat in the lions cage.

KITNfury · « **Reply #2695 on:** April 18, 2021, 01:02:45 PM »

Some great insight from smarty pants people, but I'm trying to get filthy rich over here and that doesn't help me do that.

KITNfury · « **Reply #2696 on:** April 18, 2021, 01:03:12 PM »

Small critique, otherwise great posting guys.

catastrophe · « **Reply #2697 on:** April 18, 2021, 01:10:01 PM »

So is there a chance some nervous nancys trigger another sell off or is this the time to go all in. TIA.

wetwillie · « **Reply #2698 on:** April 18, 2021, 01:26:04 PM »

Best time to buy was yesterday, second best is today

DaBigTrain · « **Reply #2699 on:** April 18, 2021, 10:16:02 PM »

Interesting thread

https://twitter.com/woonomic/status/1383978423563870209