CRYPTO Bitcoin is close to making a new all-time-high
- Thread starter Apollo
- Start date
Apollo
Staff Member
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There is a 23% rise from the days of 2017, but right now, I would not take a gamble on it.
@Apollo, do you think we would see another December 2017." $19.5k for 1 bitcoin" days?
Its been down 0.23% since this morning, a gamble I would say for now
@Apollo, do you think we would see another December 2017." $19.5k for 1 bitcoin" days?
Its been down 0.23% since this morning, a gamble I would say for now
Cryptocurrency: Bitcoin hits three-year high as investors jump in
The digital currency is close to an all-time record although experts warn about its volatility.
www.bbc.co.uk
Apollo
Staff Member
Not saying to do this, do it at your own risk, but every time bitcoin breaks its all time high and maintains to stay above it for ~two weeks. It goes on an insane bull run.
If it is able to stay above 20,000 for ~2 weeks. It will double or triple over 2021. Look at the early 2017 chart. My two cents.
Sloane Ranger
VIP
@Apollo I have bitcoin shares in my demo account and went from a loss to £2k profit in a week. I'm waiting from the price to dip then I will invest with my real money.
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Apollo
Staff Member
I don't recommend day or swing trading crypto. It is too unpredictable. The only thing that is a winning strategy seems to buy and hold for a decade.@Apollo I have bitcoin shares in my demo account and went from a loss to £2k profit in a week. I'm waiting from the price to dip then I will invest with my real money.
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This shit unironically may be worth 100,000 or a million in a decade.
However, be aware of this:
Fakeout Definition
Fakeout is a term used in technical analysis when a trader enters a position, expecting a future price movement. If the trade fails it is a fakeout.
People who buy now may be trapped into a fakeout. Risky business.
Apollo
Staff Member
I wouldn't advise buying altcoins now. Wait for BTC to maintain a new all time high for a couple of days so you are assured it isn't a fake out.
Sloane Ranger
VIP
I get your point but Bitcoin has always made a comeback. I think Bitcoin will continue to push through. Tbh I'd rather lose a few thousand then potentially miss out on a fortune.I don't recommend day or swing trading crypto. It is too unpredictable. The only thing that is a winning strategy seems to buy and hold for a decade.
This shit unironically may be worth 100,000 or a million in a decade.
However, be aware of this:
Fakeout Definition
Fakeout is a term used in technical analysis when a trader enters a position, expecting a future price movement. If the trade fails it is a fakeout.www.investopedia.com
People who buy now may be trapped into a fakeout. Risky business.
For bitcoin shares I will gladly take the risk and happily wait for a decade before I see my returns. I'm brainstorming on which investments to use for longterm and short term gains.
I've also subscribed to a financial advising company and their recommendations have definitely helped me have insight into how to financially invest for the future.
Bronco
GEELJIRE WITH NO GEEL
I'm not touching BTC, ETH etc. I'm looking for potential moonshots assuming I haven't already missed the boat. I want those degenerate <10mm market cap coins to gamble on
Assuming people still fall for the decentralised xyz meme
At the very tip of the hype during first days of January 2018, I dipped in after watching it for few days and reading as much material on cryptocurrency.
My coin is XRP and I have been holding it ever since-
I would honestly advise to put some money that you can live without if the unfortunate happens- if bitcoins reaches and maintains the 20.000 it will probably x3 before the end of the year some say it can hit the 100.000 if that happens and I believe it can happen because of its history- automatically many coins will go up with it -
XRP is right now buffering around $0.44 if the gains made in the last week or so replicate the end of 2017, XRP can easily surpass the heights of 2018 and therefore return some mighty gains.
For those that like research and understand numbers I would strongly advise to invest time into cryptocurrency because end of 2020 can go really crazy
My coin is XRP and I have been holding it ever since-
I would honestly advise to put some money that you can live without if the unfortunate happens- if bitcoins reaches and maintains the 20.000 it will probably x3 before the end of the year some say it can hit the 100.000 if that happens and I believe it can happen because of its history- automatically many coins will go up with it -
XRP is right now buffering around $0.44 if the gains made in the last week or so replicate the end of 2017, XRP can easily surpass the heights of 2018 and therefore return some mighty gains.
For those that like research and understand numbers I would strongly advise to invest time into cryptocurrency because end of 2020 can go really crazy
Coinbase trending earlier on twitter, somethings up 
@dr.leorio this might be the year to collect on them XRP positions
@dr.leorio this might be the year to collect on them XRP positions
dr.leorio
death\emitter
It's gonna go much higher than it's previous all time high. So I'm not selling anytime soonCoinbase trending earlier on twitter, somethings up
@dr.leorio this might be the year to collect on them XRP positions
It’s going crazy- I can’t wait for the turn of the year...
What coins have you invested in?
dr.leorio
death\emitter
XRP
XLM
HBAR
ADA
QNT
BTC
Likewise, it's only 2 more years till retirement for me Alxamdulilah; XRP is gonna make a lotta millionaires ngl
what u gonna do with the money
dr.leorio
death\emitter
Disappear into the sunset
I don’t know about the millionaire bit unless one has 20.000+ coins but yes we can make a good return
