Popular Post Farang123 Posted July 30, 2022 Popular Post Share Posted July 30, 2022 Good time to buy or will it become worthless in the not too distant future? 3 Link to comment Share on other sites More sharing options...
Popular Post Mac Mickmanus Posted July 30, 2022 Popular Post Share Posted July 30, 2022 That is a question that no one can answer . No one knows what will happen to Bitcoin in the future 3 1 Link to comment Share on other sites More sharing options...
Farang123 Posted July 30, 2022 Author Share Posted July 30, 2022 3 minutes ago, Mac Mickmanus said: That is a question that no one can answer . No one knows what will happen to Bitcoin in the future Think of it as more of a public opinion poll 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 Chart looks ok Value in 2 years? Who knows. I suggest Barchart.com Build a template. Trade according to rules. 3 or 4 rules. Possible ideas Macd True strength index Ma crossover Ma envelopes Bollinger bands 2 1 Link to comment Share on other sites More sharing options...
Hummin Posted July 30, 2022 Share Posted July 30, 2022 50 minutes ago, Farang123 said: Think of it as more of a public opinion poll How many here do you believe hold bitcoins? Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 July 7 my template said buy. 1 1 Link to comment Share on other sites More sharing options...
Popular Post JeffersLos Posted July 30, 2022 Popular Post Share Posted July 30, 2022 Thanks for the reminder. I just plugged in a very old desktop and have 500 that I was given in 2013. The value looks okay. 1 3 Link to comment Share on other sites More sharing options...
Lacessit Posted July 30, 2022 Share Posted July 30, 2022 28 minutes ago, JeffersLos said: Thanks for the reminder. I just plugged in a very old desktop and have 500 that I was given in 2013. The value looks okay. I suppose your post does make a change from the guys who claim they are so hot the bar girls support them. 2 Link to comment Share on other sites More sharing options...
Farang123 Posted July 30, 2022 Author Share Posted July 30, 2022 I've been following the predictions closely. It's an interesting study to see how wrong they have been. I remember the CEO of Kraken saying it will be worth "a Lamborghini by the end of 2021, and a Bugatti by the end of 2022"???? 1 Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted July 30, 2022 Popular Post Share Posted July 30, 2022 3 hours ago, Farang123 said: Think of it as more of a public opinion poll My not so public opinion is that it will go down. My reasoning is that there are often news that some crypto company went bankrupt or they were hacked or something like that. With news like that possible new investors have a huge barrier to go into crypto. Some time ago there was also news that some people made big money in crypto, and people took risks to win, even if they knew there are no small risk to go down. But now it seems to me, someone who never invested in crypto, bad and bad. Bankrupt companies and no news that people make big money. So why should anybody invest under such condition? And, as far as I see, without many new investors crypto is dead. Just my two cents. 2 2 Link to comment Share on other sites More sharing options...
Popular Post talahtnut Posted July 30, 2022 Popular Post Share Posted July 30, 2022 In 8 years bitcoin won't be worth a carrot. 1 3 Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted July 30, 2022 Popular Post Share Posted July 30, 2022 44 minutes ago, Farang123 said: I've been following the predictions closely. It's an interesting study to see how wrong they have been. Not long ago I read an article about successful influencers who are now hired by crypto companies to spread/invent good news. They had fancy titles like chief analysts or something like that. But the job description was to tell everybody all is perfect and will get better. With people like that it's not surprising that the "expert predictions" often fail. 2 1 Link to comment Share on other sites More sharing options...
stoner Posted July 30, 2022 Share Posted July 30, 2022 moooooooon Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 20 minutes ago, OneMoreFarang said: Not long ago I read an article about successful influencers who are now hired by crypto companies to spread/invent good news. They had fancy titles like chief analysts or something like that. But the job description was to tell everybody all is perfect and will get better. With people like that it's not surprising that the "expert predictions" often fail. Follow the chart Ignore the noise 1 1 Link to comment Share on other sites More sharing options...
jastheace Posted July 30, 2022 Share Posted July 30, 2022 i see crypto doing the same as Marconi shares. Some friends worked for a GEC company which split, one fragment being Marconi. Friends were in a monthly share buy scheme. the shares went £2....£4....£6.....£8....£10....£12.... they were of course very happy at that time, and would often like to boast how much their shares were worth.... it did seem as if 'the moon' was within reach.... a few weeks after they peaked at £12.40, the subject was taboo.... the deal with crypto IMO is like a Pattaya beer bar... only invest as much as you can afford to lose. btw, anyone out there would like to buy my Dogecoin for the same price as I paid, please DM me..... Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 6 minutes ago, jastheace said: i see crypto doing the same as Marconi shares. Some friends worked for a GEC company which split, one fragment being Marconi. Friends were in a monthly share buy scheme. the shares went £2....£4....£6.....£8....£10....£12.... they were of course very happy at that time, and would often like to boast how much their shares were worth.... it did seem as if 'the moon' was within reach.... a few weeks after they peaked at £12.40, the subject was taboo.... the deal with crypto IMO is like a Pattaya beer bar... only invest as much as you can afford to lose. btw, anyone out there would like to buy my Dogecoin for the same price as I paid, please DM me..... What u pay? Link to comment Share on other sites More sharing options...
Heng Posted July 30, 2022 Share Posted July 30, 2022 Still generally positive. But like all things, it'll pass eventually. Just make sure you cash in for the tangible things (and maybe not shiny cars unless you have everything else already) you want along the way. Think Mark Cuban and all that Yahoo stock (that would eventually be worth much less) that he got for his virtually worthless broadcast.com concept. Link to comment Share on other sites More sharing options...
jastheace Posted July 30, 2022 Share Posted July 30, 2022 1 minute ago, Sparktrader said: What u pay? i'm too embarrassed to say in public.... 2 Link to comment Share on other sites More sharing options...
OneMoreFarang Posted July 30, 2022 Share Posted July 30, 2022 35 minutes ago, Sparktrader said: Follow the chart Ignore the noise The noise and the charts depend on each other - if you want it or not. And as an investor it is definitely a good idea to listen to the noise. Link to comment Share on other sites More sharing options...
peterfranks Posted July 30, 2022 Share Posted July 30, 2022 15 minutes ago, jastheace said: btw, anyone out there would like to buy my Dogecoin for the same price as I paid, please DM me..... Hi there, my name is Elon Musk ................................ Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 1 minute ago, OneMoreFarang said: The noise and the charts depend on each other - if you want it or not. And as an investor it is definitely a good idea to listen to the noise. Noise is fake. Price is real. Always follow the trend. 1 1 Link to comment Share on other sites More sharing options...
Popular Post peterfranks Posted July 30, 2022 Popular Post Share Posted July 30, 2022 2 minutes ago, Sparktrader said: Noise is fake. Price is real. Always follow the trend. Charts tell you the past, for the future they are as reliable as a crystal ball 2 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 30, 2022 Share Posted July 30, 2022 7 minutes ago, peterfranks said: Charts tell you the past, for the future they are as reliable as a crystal ball Wrong. They are great for future predictions in the short term. Charts are the only useful tool for 1 day to 2 week trading. Link to comment Share on other sites More sharing options...
Captain Monday Posted July 30, 2022 Share Posted July 30, 2022 Technical analysis is nonsense. 1 1 Link to comment Share on other sites More sharing options...
OneMoreFarang Posted July 31, 2022 Share Posted July 31, 2022 6 hours ago, Sparktrader said: Wrong. They are great for future predictions in the short term. Charts are the only useful tool for 1 day to 2 week trading. And what happens if you missed the tweet of that Tesla guy? Then you look at the chart and see what you should have done. Link to comment Share on other sites More sharing options...
1FinickyOne Posted July 31, 2022 Share Posted July 31, 2022 Put one in my hand and let me examine it... then I will make a judgement as to how much I can buy with it at 7/11 or any local restaurant or store... Link to comment Share on other sites More sharing options...
1FinickyOne Posted July 31, 2022 Share Posted July 31, 2022 7 hours ago, Sparktrader said: Wrong. They are great for future predictions in the short term. Charts are the only useful tool for 1 day to 2 week trading. And how is that working out for you? Link to comment Share on other sites More sharing options...
KannikaP Posted July 31, 2022 Share Posted July 31, 2022 8 hours ago, talahtnut said: In 8 years bitcoin won't be worth a carrot. Invest in Carrots then. 1 1 Link to comment Share on other sites More sharing options...
DezLez Posted July 31, 2022 Share Posted July 31, 2022 15 minutes ago, KannikaP said: Invest in Carrots then. As in gold? 1 Link to comment Share on other sites More sharing options...
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