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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
The natural evolution of money is Bitcoin

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Last edited by ChiefRocka; 11-13-2024 at 06:11 AM..
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ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 06-26-2019, 05:02 PM   #1831
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by eDave View Post
Settling at 12.5 is fantastic.
Yes it is. Much, much-needed correction. That daily chart was going parabolic, and that's never sustainable.
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Old 06-26-2019, 05:45 PM   #1832
BWillie BWillie is offline
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Originally Posted by Taco John View Post
The prime buying opportunity was when we were staring $3.5k in the face. Anyone else fill their bags then?
Never sold any other than 0.4 over the last year. And accumulated more.
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Old 06-26-2019, 06:20 PM   #1833
JohnnyHammersticks JohnnyHammersticks is offline
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Originally Posted by MahiMike View Post
Sold mine to buy Gold/Silver...it's a wash?
Bitcoin (and/or GBTC) 2019/mid-2020 >> Alts mid-2020 and beyond >> Gold/Silver late 2020 and beyond

A plan like that might work out nicely, and you really couldn't go wrong with any of the 3 categories in any time slot. Depends on what you're looking for, dependability or a moonshot.

Was looking up this crypto semi-legend guy DavinciJ15 because he makes a pretty compelling argument for Silver over Gold and saw that he just uploaded a crypto video about an hour ago. Talks about this correction. Technical lingo, but easy to understand. The .618 jargon is fibonacci retracement info. Good to know about, but not essential. The Dolph Lundgren on acid/speed guy is pretty amusing.

https://youtu.be/5tyg33Q_854
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Old 06-26-2019, 06:32 PM   #1834
loochy loochy is offline
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Quote:
Originally Posted by Taco John View Post
The prime buying opportunity was when we were staring $3.5k in the face. Anyone else fill their bags then?
A couple thousand...not much. eDave type numbers are too rich for my risk averse blood.
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Old 06-26-2019, 10:00 PM   #1835
Demonpenz Demonpenz is offline
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I wish a couple thousand was not much to me LOL
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Old 06-27-2019, 10:26 AM   #1836
JohnnyHammersticks JohnnyHammersticks is offline
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Liquidated my entire GBTC position early this morning to protect. That's why I like the stock instead of bitcoin. Cost $4.95 to liquidate instead of hundreds. Hoping for a major correction below 10K to buy back a bunch more shares than I had for the same price I sold for.
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Old 06-27-2019, 10:47 AM   #1837
eDave eDave is offline
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Quote:
Originally Posted by JohnnyHammersticks View Post
Liquidated my entire GBTC position early this morning to protect. That's why I like the stock instead of bitcoin. Cost $4.95 to liquidate instead of hundreds. Hoping for a major correction below 10K to buy back a bunch more shares than I had for the same price I sold for.
Got out to take a breather and monitor the situation last night. Cost me $153.

Saved WAY more.
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Old 06-27-2019, 10:56 AM   #1838
JohnnyHammersticks JohnnyHammersticks is offline
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Quote:
Originally Posted by eDave View Post
Got out to take a breather and monitor the situation last night. Cost me $153.

Saved WAY more.
Good job locking those profits. Probably be able to get back in much cheaper soon after the dust settles, if that's what you're looking for. Always protect.
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Old 06-27-2019, 11:06 AM   #1839
RunKC RunKC is offline
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Quote:
Originally Posted by eDave View Post
Got out to take a breather and monitor the situation last night. Cost me $153.

Saved WAY more.
Use Robinhood for BTC. No fee
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Old 06-27-2019, 11:13 AM   #1840
JohnnyHammersticks JohnnyHammersticks is offline
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Use Robinhood for BTC. No fee
Robinhood also has commission-free stock trading but the executions are terrible, so not many experienced stock traders use them. Might be completely different for bitcoin though, and really most of the crypto exchanges are pretty sketchy anyway, so maybe it's worth it.
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Old 06-27-2019, 06:17 PM   #1841
Jewish Rabbi Jewish Rabbi is offline
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You don’t own your Bitcoin on Robinhood. Not your key, not your Bitcoin.
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Old 06-30-2019, 11:30 PM   #1842
eDave eDave is offline
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Use Robinhood for BTC. No fee
Given the economics of scale, I give no hoots about $153.

Honestly, I've only heard people complain about RH. And characterize it as a day trading app (fees when you cash out?).

I'm simply in and pushing my position at opportune times.

I do appreciate the advice.
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Old 07-01-2019, 09:47 AM   #1843
loochy loochy is offline
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Ok you asswipes, quit selling
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Old 07-01-2019, 11:06 AM   #1844
BossChief BossChief is offline
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The next few days will really show how strong this bull run is. It ran from 3200 all the way to 13,900. It’s normal for a crypto bull run to have corrections of 30-60% of gains before resuming the run. That seems to put the consolidation range anywhere from 7480 to 10590, if the bull run will continue. It’s currently dropped to
10,300...
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Old 07-01-2019, 11:07 AM   #1845
Jethopper Jethopper is offline
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