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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

https://twitter.com/thebtctherapist/...035052024?s=46

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 08-24-2021, 02:49 PM   #3271
eDave eDave is offline
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Originally Posted by Hog's Gone Fishin View Post
My brother just got a Voyager account and wants to invest. Where should he start? Cardano?
Diversify across BTC, ETH, and ADA for starters.
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Old 08-24-2021, 02:52 PM   #3272
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by eDave View Post
Diversify across BTC, ETH, and ADA for starters.
Would you wait for a pull back or just jump right in?
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Old 08-24-2021, 02:57 PM   #3273
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Old 08-24-2021, 02:59 PM   #3274
eDave eDave is offline
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Originally Posted by Hog's Gone Fishin View Post
Would you wait for a pull back or just jump right in?
DCA is the proven method and I'd start now.

Something to note: Every month this entire year there's a dip at this time. Date between 19-23rd and Monday - Wednesday. Except for the May dip. That happened during a weekend. Look at June and July. They stand out. And if you look closer, it's happening every month.
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Old 08-24-2021, 04:22 PM   #3275
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by eDave View Post
DCA is the proven method and I'd start now.

Something to note: Every month this entire year there's a dip at this time. Date between 19-23rd and Monday - Wednesday. Except for the May dip. That happened during a weekend. Look at June and July. They stand out. And if you look closer, it's happening every month.
YOU ARE THE MAN!
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Old 08-24-2021, 05:08 PM   #3276
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Originally Posted by eDave View Post
1. Sell
2. Yes. I will have quite a few when/if ADA hits $3.50.
Sorry, too simple of question....when do you know to sell? Why $3.50?
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Old 08-24-2021, 05:15 PM   #3277
eDave eDave is offline
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Sorry, too simple of question....when do you know to sell? Why $3.50?
I look at sell walls. Basically riding the coat tails of whales. $3.50 is the highly expected price going into Smart Contracts going live. The sell wall there is MASSIVE right now.
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Old 08-24-2021, 05:28 PM   #3278
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I think if BTC breaks underneath 47,500ish we are in for a much larger dip into the high 30s.

If you're a buyer or late to the journey you might be getting a ton of stuff on discount soon.
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Old 08-25-2021, 02:55 AM   #3279
eDave eDave is offline
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I think if BTC breaks underneath 47,500ish we are in for a much larger dip into the high 30s.

If you're a buyer or late to the journey you might be getting a ton of stuff on discount soon.
For now, there's strong support at $46,500.
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Old 08-28-2021, 03:55 PM   #3280
|Zach| |Zach| is offline
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ADA seems like it’s doing a lot of things well. I am jumping into ALGO as something with growth potential.

Are smart contracts and all the business related applications of Cordana really going to boost ADA?
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Old 08-28-2021, 05:38 PM   #3281
Shaid Shaid is offline
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ADA seems like it’s doing a lot of things well. I am jumping into ALGO as something with growth potential.

Are smart contracts and all the business related applications of Cordana really going to boost ADA?
Eth gas fees are too high and ADA has that solved. Lot being build on ADA including bridges that will let some of the Eth contracts be run on ADA using the ADA fees. Eth 2.0 is on the horizon at some point though. So Eth has a big headstart and some people will wait on Eth 2.0. I still feel like ADA has a very real possibility of taking the number 2 spot. Not this year but maybe in the next 5.

On just dollars, lots of people think ADA could hit 5-10 this year. I do think 5 has a very good chance of happening. I think it'll go to 3.50 this week and I think there'll be a pullback close to the 12th sometime. Then I think we'll see a bit more of a run up in Oct/Nov.

That's a lot of "I thinks". I'm watching it everyday and trying to get a good grasp on it but honestly who knows. It could all crash tomorrow.
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Old 08-28-2021, 05:44 PM   #3282
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Shaid nailed the outlook for ADA. I'd only add that ETH 2.0 is about 2 years out still and that's a long time in crypto time. And the new bridge across will move a lot of business over. Just keep an eye on both, diversify into both if that's your thing, and get in tune with the community. Those winds will guide you.

Solano is worth looking at. I'd be a multi, multy millionaire if I'd had bought at a dollar, like a month ago.
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Old 08-28-2021, 06:13 PM   #3283
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Being new to the scene it is tough to cut through the signal to noise ratio in regards to news and trends sometimes. Really seems to be a flood of shitcoins. And it is funny because it is hard for me to describe it but I feel like I know it when I see it.
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Old 08-30-2021, 08:43 AM   #3284
eDave eDave is offline
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In August of 2019 I put $38K into Bitcoin. A couple of weeks later I upped it to $55K. And I was under water pretty bad for a year.

Today, that $55K is worth $501.7K. If I were to put all that into Kucoin @ .085%/day for margin lending, I'd have $12.5K passive gross income. Per month. With no risk.

Last edited by eDave; 08-30-2021 at 08:54 AM..
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Old 08-30-2021, 09:05 AM   #3285
Shaid Shaid is offline
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In August of 2019 I put $38K into Bitcoin. A couple of weeks later I upped it to $55K. And I was under water pretty bad for a year.

Today, that $55K is worth $501.7K. If I were to put all that into Kucoin @ .085%/day for margin lending, I'd have $12.5K passive gross income. Per month. With no risk.
yeah, that Kucoin lending really is something I've thought of for a while but I figured that during the bullrun I'd leave it in. I also was debating if is would be better to pull it out and wait for middle of the bear market to add back in and just leave staked in Cardano to keep earning 5% continually. If I was at 500k, I'd probably be more apt to go the safer route. I'm basically trying to go the route you did in 2019, not quite as much of a base yet though.
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