Ik, that's what I'm speculating on. I'm not arguing whether it's a good coin or not.
damn. I even vague recall the happening of BTC: $1000 to $200. A brutal 80% down or something. Imagine now 30.000 and it dropping 80% (to 6.000); people will go full mental.
great timing!
I like Monero.
Idek. When I said the thing about 100k I wasn't fully serious but I did see this upmove to 20k+ happening. XMR is pretty much truly anonymous and always seems to be undervalued when you think about it.
so you see XMR having a rise anytime soon? Yes i agree, tbh you were at least honest on that. Nothing else you think of? Even in stocks?
Even with such a blanket statement you have a good point!
Nah idk. Long term XMR is always good. I wish I could just know which stocks/cryptos would rise in the short term but I just can't do that and don't want to shill shitcoins or microcap stocks on here.
yes i see. That's what i thought too for property, but you believe it will be global or only western world?
I think a "risk management" nuclear suifuel-lifefuel blackpill megathread would help people here the most. Trading is so dependent on discipline, patience and having a set of rules that you can break (with calculated risk) when opportunities arise. Meditation and impulse control exercises honestly help a trader align their actions and behaviors towards success more than most of the micro strategic nonsense you'd find in paid courses all over the internet.
i'm looking forward if you have the kindness will to do it
Globally but property in major cities and tourist destinations will go up the most; not only due to the inherent supply/demand but because a lot of the new property will be bought by institutions with billions/trillions of $ for the sole purpose of selling them for an expensive price. You won't be buying new houses from any small scale group of builders because imo most new houses will be bought up instantly by funds and institutions (especially property in important areas where the demand is already high).
So buying a "field", and building it your house - a good one - for 2x less the price of the same built house that is located in the same area, close to a very major city, is something good to do? Yes i see this coming but i was always like " there will be a time where it's too much and people will stop buying it because the wages can't follow it in the long run.
Maybe but not anytime soon. I'd love to
Hedge Funds are short 5420BTC on the CME which isn't even the main place where institutions buy BTC. They all bought when the premium was lower but now since they pumped the shit out of BTC the market price of their holdings are more than their Net Asset Value. Now they're waiting for dumb retail traders to buy out of emotion/euphoria. Then the institutions will start availing of that liquidity and selling off, before selling through the collective buying pressure from the retailers, pushing the price back down. Then retail traders will start selling AFTER the institutions sell and push the price down. Just like how retail traders always buy AFTER institutions. Institutional money flow is what moves BTC. Retail money is what creates the liquidity to enable the big money funds to push the price back the other way, profiting off speculators who have no ability to influence price movements (ie: us. or anyone trading who doesn't have ballizion dollars)
Nah building a house seems high effort af and not worth it unless you plan on building an entire estate or smth. All that work wouldn't be worth such a small payoff.
Are you holding BTC atm?
People wouldn't be building new houses rn if people won't be able to buy them in the future. People will still be able to "buy" the houses, just with a horrible lifelong mortgage
No not much at all
Are you holding any cryptos currently? And why aren't you holding any BTC?
Miring your research and knowledge about this ngl.
Okay, you seem to have good knowledge so I just wanted to ask. But from an outside point of you, would you sell or keep BTC atm?Idk.
And no I just have a tiny amount of BTC
KEEP KEEP KEEP !!!!
Thank you, and would you buy more now, even if it is risky? Because BTC is still very undervalued after all.
Take a walk Bobo, before i put you down
No I wouldn't buy more right now because it's risky. Keep what you have even if it's a small amount. I don't think it'd be impossible to see a scenario in the future where where BTC trades for dirt cheap on the futures markets (due to market manipulation) but buyers won't be able to buy the underlying asset at the price it'll trade on the futures market from P2P sellers because sellers just won't want to sell it at artificially crashed rates. So always keep some of it if you already have a bit. Just make sure you always have a little bit of skin in the game!
64.2% of accounts on Binance are long atm. It's due a correction to a price that'll blow out atleast a quarter of those accounts.
Yeah I completely agree with you! That's why I'm encouraging people to hold out and play the long game.
Thinking about putting another 5k in. Should i wait until Feb to see if there is a dump or yolo before normies FOMO again?
Definitely wait. You're still playing the long game and the chance of price not making any kind of correction looks highly unlikely. Historically Feb is usually a good month for corrective moves across almost every market but I think it might take longer than 1-2 months until the price corrects fully.
So around March? This means we can get even to 40k by then. Hmm. The greed index you posted is off the chart even though we are no where near 2018 hype
I really have no clue how long any price movement will take. BTC was down at $3500 in March 2020. I think a retracement to $14500-15000 is most likely but so many scenarios can happen. A scenario where price continues to blast-off from here just seems like the least likely.
Wallstreet bets is nice
What would you say is a good price to buy at? Should we wait a bit?
I bought yesterday and i ll but more if it goes to 0.15
