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I just bought $200,000 of Bitcoin

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  • Are you posting to boast you can afford to write off the money or to tell us about your mental health?

  • Could evaporate much faster in crypto!

  • As far as I can tell , it is pyramid scheme dependent on the greater fool theory,  Schemes like that work well until there is no greater fool and you are the greater fool. 

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18 minutes ago, Sparktrader said:

Hammer on 5 mins

I had a hammer as well this morning, lasted 15 min.

6 hours ago, Sparktrader said:

Inverted hammer buy signal

Really?

35,103$ right now.

Just now, RafPinto said:

Really?

35,103$ right now.

Signals there

I think its basing

Might take 2 or 3 weeks to shake out weak

April good month for both shares n crypto normally

 

Xmas spend c card pay offs

Earnings reports

Scared sellers

 

All done by March

 

Buyers come back in

 

April and november good time to buy

scr.png.fa6435eb762b0a392102435940165666.png

 

lol.

 

I think this drop is a short term and the exchange rate will grow up again soon, once Russian wealthy people start to dump Roubles and/or flee Russia to preserve their wealth.

 

 

52 minutes ago, Sparktrader said:

Fear creates value

I'm not advocating Bitcoin, but your comment does remind me of one of my favorite Warren Buffett quotes:

 

 “...we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”   -  Berkshire Hathaway Chairman's Letter 1986

10 minutes ago, NotReallyHere said:

I'm not advocating Bitcoin, but your comment does remind me of one of my favorite Warren Buffett quotes:

 

 “...we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”   -  Berkshire Hathaway Chairman's Letter 1986

Yes when 95% are bullish sell

When 95% bearish buy

 

Why? Run out of buyers at top and sellers ar lows

 

Buy in doom

Sell in boom

 

 

1 hour ago, steven100 said:

I'm worried about Pravda's $200,000 buy  

 

Im.not

Not my money

53 minutes ago, fdsa said:

scr.png.fa6435eb762b0a392102435940165666.png

 

lol.

 

I think this drop is a short term and the exchange rate will grow up again soon, once Russian wealthy people start to dump Roubles and/or flee Russia to preserve their wealth.

 

 

They're all coming to Phuket !!! ????

  • Author

Thailand now 10% more expensive for Russians since yesterday.

19 minutes ago, Sparktrader said:

Big bounce tonite i think

I hope so :+)

 

Theres a big bunch of available liquidity at 33k so it should hit that before it decides what it wants to do next.

 

17 minutes ago, Sparktrader said:

Up 600 in last hour

But you forgot to mention it's 4000$ down the last 24 hours.

Or from yesterday 39,079$ down to 34,969 right now

Just now, RafPinto said:

But you forgot to mention it's 4000$ down the last 24 hours.

Or from yesterday 39,079$ down to 34,969 right now

Up 50% from 15 months ago!

 

These things cant go up everyday. Otherwise its 1bn

Just now, RafPinto said:

Have a look at TSLA, same freefall.

What was it 15 mths ago?

3 minutes ago, Sparktrader said:

Up 50% from 15 months ago!

 

These things cant go up everyday. Otherwise its 1bn

69000 a few months ago.

50% down.

Say this to all the newbies and hobby investors who put all  in from their savings and probably a few on credit cards at 60,000 up and now sitting on a massive loss.

Just now, RafPinto said:

69000 a few months ago.

50% down.

Say this to all the newbies and hobby investors who put all  in from their savings and probably a few on credit cards at 60,000 up and now sitting on a massive loss.

If anyone puts 100% of savings into something without proper research they deserve to lose.

 

Basic chart analysis said btc was a sell months ago.

 

 

6 minutes ago, Sparktrader said:

If anyone puts 100% of savings into something without proper research they deserve to lose.

 

Basic chart analysis said btc was a sell months ago.

 

 

That's what they all say weeks or months later.
You never see this comment anywhere when it's happening.

 

I might go up or down or sideways or maybe down or up, hmmm

 

I stick to my shares and collect my dividends.

Best ones at the moments are oil companies and my LGEN is also doing pretty well and paying 6,5% dividend.

1 hour ago, Pravda said:

Thailand now 10% more expensive for Russians since yesterday.

Thailand is now 7% more expensive for Bitcoin holders since yesterday as well ????

 

Meanwhile the US dollar is up 

 

Screen Shot 2022-02-24 at 2.25.38 PM.png

2 minutes ago, dj230 said:

Thailand is now 7% more expensive for Bitcoin holders since yesterday as well ????

 

Meanwhile the US dollar is up 

 

Screen Shot 2022-02-24 at 2.25.38 PM.png

and Oil going the opposite way.
Brent at 103$

3 minutes ago, RafPinto said:

and Oil going the opposite way.
Brent at 103$

So is gold, which is actually a safe store of value????

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