[Finance] The cryptocurrency (Bitcoin etc) thread

[Foolg]

Can't see there's much to worry about, now would be the perfect time to jump in if you're new.

Is this Bitcoin specific? Or just generally (whether it be Bitcoin/Ethereum etc)?

I've been looking for a while to buy in and sounds like now is the time possibly...

 

[Albion Dan]

Near 10% drop today to $48,000. Isn't it heading to test the $42,000 barrier?

Yes should be. The guy that posted this chart on Twitter is a bonafide technical analysis genius and this is what he's expecting.

https://twitter.com/Anbessa100/status/1385525813232246784?s=20

 

[KeegansHairPiece]

Is this Bitcoin specific? Or just generally (whether it be Bitcoin/Ethereum etc)?

I've been looking for a while to buy in and sounds like now is the time possibly...

I think everyone is busy working out how much their holdings have dropped in the last 24 hours...

 

[marcos3263]

I got into crypto a week ago after seeing friends make HUGE amounts on their portfolios. Put in £300 ($335) and I wasn't silly - I spread over three cryptos to maximize my profit.

Today I am $104 down and all three are showing massive drops especially TRX at -39.77%

all the advice is to invest more ESPECIALLY as it has dropped so much.

Yes my friends are showing big losses but are still saying they are 150% up in last 2 months etc etc.

I'm small fry but it is scaring the shit out of me - dont gamble what you cant afford to lose etc etc.

 

[marcos3263]

Yes should be. The guy that posted this chart on Twitter is a bonafide technical analysis genius and this is what he's expecting.

https://twitter.com/Anbessa100/status/1385525813232246784?s=20

View attachment 136084

https://youtu.be/bpOSxM0rNPM

 

[beorhthelm]

Yes should be. The guy that posted this chart on Twitter is a bonafide technical analysis genius and this is what he's expecting.

bonafide aftertiming too, no mention of the retrace after break out of the wedge in the previous few days tweets. but now its sooo obvious

 

[KeegansHairPiece]

I thought this thread would be buzzing today...

 

[Albion Dan]

bonafide aftertiming too, no mention of the retrace after break out of the wedge in the previous few days tweets. but now its sooo obvious

I actually don't remember him posting about BTCUSD action at all previously just Altcoin set ups which he nails almost to perfection.

 

[KeegansHairPiece]

I actually don't remember him posting about BTCUSD action at all previously just Altcoin set ups which he nails almost to perfection.

So, what's the feeling in your bones AD, BTC going to get to sub 45k, or get in before it pumps again?

 

[KeegansHairPiece]

So who uses Binance?

Is the bank transfer route safe? It says the name on the account must match the Binance account name, anyone know how that works with a joint bank account - I thought UK joint accounts are individually named but for both parties? I don't want to transfer money, then not know where it is for days while they validate it.

Cheers!

 

[CheeseRolls]

So who uses Binance?

Is the bank transfer route safe? It says the name on the account must match the Binance account name, anyone know how that works with a joint bank account - I thought UK joint accounts are individually named but for both parties? I don't want to transfer money, then not know where it is for days while they validate it.

Cheers!

Not had a problem, with their fast payments. Seems to take 10-15 minutes to arrive on average. Recommendation is to test it first with a smallish amount.

 

[KeegansHairPiece]

Not had a problem, with their fast payments. Seems to take 10-15 minutes to arrive on average. Recommendation is to test it first with a smallish amount.

£10 in under 10 mins. Good advice.

 

[Albion Dan]

So who uses Binance?

Is the bank transfer route safe? It says the name on the account must match the Binance account name, anyone know how that works with a joint bank account - I thought UK joint accounts are individually named but for both parties? I don't want to transfer money, then not know where it is for days while they validate it.

Cheers!

I’ve done it loads and been absolutely fine. Have a joint account too.

 

[Albion Dan]

So, what's the feeling in your bones AD, BTC going to get to sub 45k, or get in before it pumps again?

I think we are going to see a bit of a weekend pump, and then go lower in the week. I just think we’ll see 44 or lower. Am actually tempted to take more of my profit out if weekend pump occurs.

Higher time frame though I’m confident we will bounce and see a final parabolic pump before the cycle is done.

 

[Albion Dan]

Here is a possible worst case scenario imo if the top is actually already in. Could see a retrace to the $22k area and then a climb back up for next cycle. Whatever happens now is the time for maximum risk management.

https://twitter.com/davthewave/status/1385456234703167495?s=21

 

[driller]

Just bought safe moon
Very high risk and quite hard to do
Only been around since late March 21

Who knows.

 

[AZ Gull]

Article in the Athletic today about the links between non-UK based cryptocurrency gambling companies, and shirt sponsorship and in-stadium advertising in the Premier League/EFL - HODL! English football’s hidden links to Bitcoin gambling

 

[Tyrone Biggums]

Having a nice little day with a coin called DENT.

Bought in at .0092 cents and it's up to 0.012.

Anyone else holding it? Hoping it can eventually push on to the 5-10 cent mark.

Love playing these small coins.

 

[KeegansHairPiece]

Having a nice little day with a coin called DENT.

Bought in at .0092 cents and it's up to 0.012.

Anyone else holding it? Hoping it can eventually push on to the 5-10 cent mark.

Love playing these small coins.

Do you just take a punt after reading a one off article or picking up a twitter-tip, or go into more depth about the tech behind the coin?

 

[schmunk]

Do you just take a punt after reading a one off article or picking up a twitter-tip, or go into more depth about the tech behind the coin?

I think we all know the answer to this one...