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scho63 01-08-2021 08:33 PM

Quote:

Originally Posted by lewdog (Post 15455922)
Timing a crash or even a correction is impossible. People have been saying what you’re saying for 3+ years now.

I think 2021 continues to bull with vaccine rollout, economic recovery and people ready to start spending money.

I think it’s easier to follow the current positive trend but follow positions with stop losses to preserve capital in a downturn.

1. I get trying to time a crash. Not very likely. Just nearly all my signals are flashing red. Only positive is low margin levels and debt.

2. Stop losses are worthless if a stock opens down $40 and you had a stop loss only down $10.

3. Stocks are leading indicators usually 6 months out. This market is squeezing every bit of future good news out in today's prices.

Don't wanna rain on anyone's parade but I called 1987 (2) months before the crash when I liquidated all my assets and saw the last one coming when people who earned $30,000 were getting approved for $500,000 mortgages with 5% down.

Just get a little defensive and don't lean too far over your ski tips. :thumb:

Hog's Gone Fishin 01-09-2021 01:15 AM

Every market has come back from a crash. Let the mother ****er crash, just don't sell all your shit like a fool.

Bitcoin has had 3 80% corrections too. Look where it's at. Don't sell shit!

eDave 01-10-2021 03:36 PM

Did you get some today?

https://i.ibb.co/YcHHpKW/Dip.jpg

BWillie 01-10-2021 03:52 PM

Quote:

Originally Posted by eDave (Post 15464609)
Did you get some today?

https://i.ibb.co/YcHHpKW/Dip.jpg

It will probably crash back down to 20k.

MahiMike 01-10-2021 10:11 PM

Felt like a crash was coming. Swapped some BTC for eth yesterday.

Jewish Rabbi 01-10-2021 11:46 PM

Quote:

Originally Posted by MahiMike (Post 15467312)
Felt like a crash was coming. Swapped some BTC for eth yesterday.

ETH is down more than BTC in the last 24 hours but good job I guess?

Hog's Gone Fishin 01-11-2021 05:18 AM

If we get another huge correction I'm getting in this time. but it needs to be an 80% correction.

BWillie 01-11-2021 11:23 AM

Good news. I found 6.5 eth I forgot I had, so there is that. Now if I can figure out how to get some of the lost bitcoin off of Yobit. When I was new to crypto I had some on there to dick around with, and backed up by google authenticator. That phone went poof and now I have no idea how to access it. It's only like 0.2 btc but still annoying.

Hog's Gone Fishin 01-11-2021 12:42 PM

Quote:

Originally Posted by BWillie (Post 15468517)
Good news. I found 6.5 eth I forgot I had, so there is that. Now if I can figure out how to get some of the lost bitcoin off of Yobit. When I was new to crypto I had some on there to dick around with, and backed up by google authenticator. That phone went poof and now I have no idea how to access it. It's only like 0.2 btc but still annoying.

Yeah, I've got some litecoin but can't access my coinbase account because I changed my email address 2 years ago.

dlphg9 01-11-2021 02:24 PM

Hmmm wonder how long this crash will last. Hopefully it dips down pretty deep and I can time the rebound nicely.

BossChief 01-11-2021 03:05 PM

Who’s going to try to catch a falling knife?

loochy 01-11-2021 03:13 PM

Quote:

Originally Posted by BossChief (Post 15469231)
Who’s going to try to catch a falling knife?


meh. it looks like the knife already fell and is sitting on the floor right now


just wait for the USG to do something stupid again and it will shoot back up

Demonpenz 01-11-2021 06:16 PM

Quote:

Originally Posted by BossChief (Post 15469231)
Who’s going to try to catch a falling knife?

i took out 2 grand so took the loss don't have the balls to watch my money fall to shit.

Demonpenz 01-11-2021 06:17 PM

oof that litecoin. lite coin and xrp is my shit. xrp was already pretty low but I got out at like 160 in litecoin.

loochy 01-11-2021 07:34 PM

Quote:

Originally Posted by Demonpenz (Post 15469730)
i took out 2 grand so took the loss don't have the balls to watch my money fall to shit.

Just hodl man. It'll come back.


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