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Link Posted: 2/22/2021 6:32:12 AM EST
[Last Edit: 2/22/2021 6:34:58 AM EST by Bale2011]
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Originally Posted By laxman09:
Slight pull back in the early am hours
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It would look like a bloodbath if you were new and didn't know any better.

I just picked up some Chainlink.
Link Posted: 2/22/2021 7:32:01 AM EST
[Last Edit: 2/22/2021 7:34:25 AM EST by Bravo_220]
Had an ETH limit buy order that got filled early this AM, it was at 88% of the high from this previous week. I watched it drop a little below that so set another lower limit buy which was at 86% of the weeks high and that also got quickly filled. Glad I read about the Sunday dump trend on here, seems to be discounted in the 85-90% range based on the last 5 weeks history.  

Link Posted: 2/22/2021 7:44:06 AM EST
Lol at the people who bought in at 57k and are selling at 53k.
Link Posted: 2/22/2021 7:44:22 AM EST
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Originally Posted By Default-Gateway:
Lol at the people who bought in at 57k and are selling at 53k.
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HODL!!!
Link Posted: 2/22/2021 7:45:09 AM EST
[Last Edit: 2/22/2021 7:46:41 AM EST by swampvol]
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Originally Posted By Bale2011:


It would look like a bloodbath if you were new and didn't know any better.

I just picked up some Chainlink.
View Quote


I picked up some Chainlink as well. Have a limit buy on some more XLM that hasn't hit yet.

Debating dumping my LTC and putting that into some more ETH.

Edit. My .459 order just filled.
Link Posted: 2/22/2021 7:47:28 AM EST
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Originally Posted By Default-Gateway:
Lol at the people who bought in at 57k and are selling at 53k.
View Quote



We can go back at any point in BTC's history and LOL at the people who bought in at $50, $150, $1500, $15,000 and sold for a loss.

Link Posted: 2/22/2021 7:49:16 AM EST
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Originally Posted By swampvol:


I picked up some Chainlink as well. Have a limit buy on some more XLM that hasn't hit yet.

Debating dumping my LTC and putting that into some more ETH.

Edit. My .459 order just filled.
View Quote


NICE! I picked up more BTC, ADA, and some GRT this morning. Its gone down since then, but Im not worried.
Link Posted: 2/22/2021 7:50:42 AM EST
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Originally Posted By SheltiePimp:



We can go back at any point in BTC's history and LOL at the people who bought in at $50, $150, $1500, $15,000 and sold for a loss.

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Originally Posted By SheltiePimp:
Originally Posted By Default-Gateway:
Lol at the people who bought in at 57k and are selling at 53k.



We can go back at any point in BTC's history and LOL at the people who bought in at $50, $150, $1500, $15,000 and sold for a loss.


We certainly can.
Link Posted: 2/22/2021 8:38:18 AM EST
Man I'll be tempted to dump what dry powder I have left into ETH if It dips into the low 1600s. I've been saving a stash for a dip back into the 1400s, but not sure I'm that patient.
Link Posted: 2/22/2021 9:05:03 AM EST
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Originally Posted By swampvol:
Man I'll be tempted to dump what dry powder I have left into ETH if It dips into the low 1600s. I've been saving a stash for a dip back into the 1400s, but not sure I'm that patient.
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Yeah I was just about to ask who else is chomping at the bit for sub 50k btc and sub 1600 eth.
Link Posted: 2/22/2021 9:12:56 AM EST
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Originally Posted By Default-Gateway:

Yeah I was just about to ask who else is chomping at the bit for sub 50k btc and sub 1600 eth.
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If it goes that low Ill run out to the car and buy more. Should have set some limit buys but was already running late today.
Link Posted: 2/22/2021 9:18:41 AM EST
BTC: $48.3
ETH: $1530
ADA: $0.84
GRT:$1.69
XLM: $0.39
Link Posted: 2/22/2021 9:20:08 AM EST
Anyone interested in Nu?
Link Posted: 2/22/2021 9:22:11 AM EST
Buying opportunities today boys
Link Posted: 2/22/2021 9:23:03 AM EST
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Originally Posted By jchewie1:
Anyone interested in Nu?
View Quote



I think I see what you did there. Not biting. lol
Link Posted: 2/22/2021 9:23:21 AM EST
Link Posted: 2/22/2021 9:41:47 AM EST
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Originally Posted By Rat_Patrol:
Eyes on prices this morning for sure.

Been waiting for a drop to buy more.
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Couldnt help myself, had to buy more.

My wife might kill me
Link Posted: 2/22/2021 9:43:48 AM EST
For people new to the space. This is what a dip looks like, you should buy them when you can.
Attachment Attached File
Link Posted: 2/22/2021 9:44:51 AM EST
I’m still holding from a buy in @ $303/BTC. $5k drop from ATH...of course I bought more.
Link Posted: 2/22/2021 9:52:27 AM EST
Link Posted: 2/22/2021 10:02:15 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG
View Quote



Good probability that it won't even be the last one between now and the actual top.

I have only low to medium confidence in the following, but this dip was strong enough that it could yield us another 2 or 3 weeks of moving sideways like we saw earlier this year.  So far, this correction looks a lot like the last one.  Famous last words of course.

It'd be a good thing if this plays out like the last one.  The longer this bubble gets dragged out, the higher it goes.  My expectation is that the thing that will finally kill this bubble is a true mania move where you see something like a doubling in a 2 or 3 weeks.  That's how the 2013 and 2017 bubbles ended.  We haven't seen that kind of swing yet.

Link Posted: 2/22/2021 10:07:10 AM EST
Still nowhere close to testing bull market support. It didn't even dip below last weeks lows.

Attachment Attached File



Link Posted: 2/22/2021 10:07:11 AM EST
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Originally Posted By woodsie:



Good probability that it won't even be the last one between now and the actual top.

I have only low to medium confidence in the following, but this dip was strong enough that it could yield us another 2 or 3 weeks of moving sideways like we saw earlier this year.  So far, this correction looks a lot like the last one.  Famous last words of course.

It'd be a good thing if this plays out like the last one.  The longer this bubble gets dragged out, the higher it goes.  My expectation is that the thing that will finally kill this bubble is a true mania move where you see something like a doubling in a 2 or 3 weeks.  That's how the 2013 and 2017 bubbles ended.  We haven't seen that kind of swing yet.

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Originally Posted By woodsie:
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG



Good probability that it won't even be the last one between now and the actual top.

I have only low to medium confidence in the following, but this dip was strong enough that it could yield us another 2 or 3 weeks of moving sideways like we saw earlier this year.  So far, this correction looks a lot like the last one.  Famous last words of course.

It'd be a good thing if this plays out like the last one.  The longer this bubble gets dragged out, the higher it goes.  My expectation is that the thing that will finally kill this bubble is a true mania move where you see something like a doubling in a 2 or 3 weeks.  That's how the 2013 and 2017 bubbles ended.  We haven't seen that kind of swing yet.


Of course it won't be the last one.  Whales just moving stuff around can easily cause a dip like this.  It shakes out pussys and then they buy back at another high.
The snap back is what to keep an eye on.
Link Posted: 2/22/2021 10:08:51 AM EST
[Last Edit: 2/22/2021 10:09:11 AM EST by Default-Gateway]
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Originally Posted By CBags04:
Still nowhere close to testing bull market support. It didn't even dip below last weeks lows.

https://www.ar15.com/media/mediaFiles/129054/bms_PNG-1836409.JPG


View Quote

Exactly, the buy walls that were set at 50k fortold the snap back.
Link Posted: 2/22/2021 10:10:49 AM EST
[Last Edit: 2/22/2021 10:13:14 AM EST by ARandomClaymore]
Missed this drop. Portfolio fell $15k with this correction. Its recovered $6k of that at the moment.

Huge missed opportunity to short AAVE and pick up more.
Link Posted: 2/22/2021 10:14:31 AM EST
Couldn't believe my eyes when I saw btc at 46 but was too slow. Got 1.6 ETH at 1660 though.

thanks to this thread I was ready for the Sunday /
Monday drop.
Link Posted: 2/22/2021 10:16:32 AM EST
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Originally Posted By Fooboy:
Couldn't believe my eyes when I saw btc at 46 but was too slow. Got 1.6 ETH at 1660 though.

thanks to this thread I was ready for the Sunday /
Monday drop.
View Quote

Link Posted: 2/22/2021 10:39:01 AM EST
[Last Edit: 2/22/2021 10:44:18 AM EST by Jagrmaister]
Damn. Missed the dip. That’s what I get for playing in the snow with my kids.
Link Posted: 2/22/2021 10:46:13 AM EST
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Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG
View Quote


I’ll go one step further.

You should be buying when there aren’t active crypto threads in GD. When GD starts talking about crypto is the time to stop buying, assess, and sell into the herd of hooples.

It will happen again.
Link Posted: 2/22/2021 10:51:17 AM EST
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Originally Posted By fike:


I’ll go one step further.

You should be buying when there aren’t active crypto threads in GD. When GD starts talking about crypto is the time to stop buying, assess, and sell into the herd of hooples.

It will happen again.
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Originally Posted By fike:
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG


I’ll go one step further.

You should be buying when there aren’t active crypto threads in GD. When GD starts talking about crypto is the time to stop buying, assess, and sell into the herd of hooples.

It will happen again.


Does this thread count?
Link Posted: 2/22/2021 10:56:50 AM EST
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Originally Posted By Default-Gateway:

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Originally Posted By Default-Gateway:
Originally Posted By Fooboy:
Couldn't believe my eyes when I saw btc at 46 but was too slow. Got 1.6 ETH at 1660 though.

thanks to this thread I was ready for the Sunday /
Monday drop.



Same, I didn't get it until $1700 though. Took me about 2 minutes to transfer the money over from my account and I lost out on some profit.
Link Posted: 2/22/2021 11:01:27 AM EST
Missed out too. I forgot to fund my account after buying earlier this morning.

That will not happen again damnit.
Link Posted: 2/22/2021 11:05:52 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG
View Quote
I noticed that, it seems all across all the cryptocurrencies had a dip at 8:30 this morning.

what cause all of them to dip like that ?


Link Posted: 2/22/2021 11:18:54 AM EST
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Originally Posted By BattletweeteR:
I noticed that, it seems all across all the cryptocurrencies had a dip at 8:30 this morning.

what cause all of them to dip like that ?


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Originally Posted By BattletweeteR:
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG
I noticed that, it seems all across all the cryptocurrencies had a dip at 8:30 this morning.

what cause all of them to dip like that ?




I'd love to know as well.  Some of them were WAY down.
Link Posted: 2/22/2021 11:22:11 AM EST
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Originally Posted By WrightP:


I'd love to know as well.  Some of them were WAY down.
View Quote


Musk said somewhere that he thought BTC and ETH were priced too high.

Musk has a lot of sway in the crypto markets and Im sure it spooked some whales who wanted to take profits ASAP and then a ton of other people panicked on the slide and sold off.

Ive only been in this game for a month, so its NOT for the emotional investor. Unless you get excited about 10% dips and the profits after buying at the bottom/on the way down/up
Link Posted: 2/22/2021 11:48:36 AM EST
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Originally Posted By laxman09:


Musk said somewhere that he thought BTC and ETH were priced too high.

Musk has a lot of sway in the crypto markets and Im sure it spooked some whales who wanted to take profits ASAP and then a ton of other people panicked on the slide and sold off.

Ive only been in this game for a month, so its NOT for the emotional investor. Unless you get excited about 10% dips and the profits after buying at the bottom/on the way down/up
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Originally Posted By laxman09:
Originally Posted By WrightP:


I'd love to know as well.  Some of them were WAY down.


Musk said somewhere that he thought BTC and ETH were priced too high.

Musk has a lot of sway in the crypto markets and Im sure it spooked some whales who wanted to take profits ASAP and then a ton of other people panicked on the slide and sold off.

Ive only been in this game for a month, so its NOT for the emotional investor. Unless you get excited about 10% dips and the profits after buying at the bottom/on the way down/up


Ah Ok. I figure it was a "Bull Raid" or something like that. I thought Musk said that last week and since it trades 24/7 I figured it would have gone down immediately.
Link Posted: 2/22/2021 11:54:07 AM EST
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Originally Posted By WrightP:


Ah Ok. I figure it was a "Bull Raid" or something like that. I thought Musk said that last week and since it trades 24/7 I figured it would have gone down immediately.
View Quote


Musk and BTC
Link Posted: 2/22/2021 12:13:34 PM EST
[Last Edit: 2/22/2021 12:14:32 PM EST by Willz]
All the whales and Musks of the world are buying right now while weaker players are dumping on something Musk said.
ETH took a bigger dump today as well.




Link Posted: 2/22/2021 12:20:54 PM EST
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Originally Posted By laxman09:


HODL!!!
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Originally Posted By laxman09:
Originally Posted By Default-Gateway:
Lol at the people who bought in at 57k and are selling at 53k.


HODL!!!


What if they can't because they geared up with leverage when they bought Their position would be sold our from under them!
Link Posted: 2/22/2021 12:58:43 PM EST
[Last Edit: 2/22/2021 1:09:58 PM EST by jchewie1]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By captainpooby:



I think I see what you did there. Not biting. lol
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Originally Posted By captainpooby:
Originally Posted By jchewie1:
Anyone interested in Nu?



I think I see what you did there. Not biting. lol


Lol, I am late to this party, it was a serious question, trying to get educated.  Seems like it is currently the only or one of a very few that does what it does.  Is there a need for it?  Idk


Efficiency seems like it is going to drive to proof of work models to proof of stake eventually.
Link Posted: 2/22/2021 1:22:07 PM EST
Bought some more ETH and ADA today.

Discussion ForumsJump to Quoted PostQuote History
Originally Posted By laxman09:


Musk said somewhere that he thought BTC and ETH were priced too high.

Musk has a lot of sway in the crypto markets and Im sure it spooked some whales who wanted to take profits ASAP and then a ton of other people panicked on the slide and sold off.

Ive only been in this game for a month, so its NOT for the emotional investor. Unless you get excited about 10% dips and the profits after buying at the bottom/on the way down/up
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Originally Posted By laxman09:
Originally Posted By WrightP:


I'd love to know as well.  Some of them were WAY down.


Musk said somewhere that he thought BTC and ETH were priced too high.

Musk has a lot of sway in the crypto markets and Im sure it spooked some whales who wanted to take profits ASAP and then a ton of other people panicked on the slide and sold off.

Ive only been in this game for a month, so its NOT for the emotional investor. Unless you get excited about 10% dips and the profits after buying at the bottom/on the way down/up


Musk said the same thing about Tesla stock prices last year, at that time it was trading at about $150, look we’re they are now.
Link Posted: 2/22/2021 1:35:05 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Default-Gateway:
For people new to the space. This is what a dip looks like, you should buy them when you can.
https://www.ar15.com/media/mediaFiles/462085/Screenshot_20210222-094141_Bitcoin_Ticke-1836391.JPG
View Quote



Hindsight doesn’t help you pull that off.
Link Posted: 2/22/2021 1:39:02 PM EST
Question. I recently helped a friend by her first Eth for $1,700 and it’s all she had. What happens when her portfolio balance goes into the negative, assuming it rises back above that in a week? What happens in the meantime?
Link Posted: 2/22/2021 1:40:58 PM EST
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Originally Posted By Bale2011:
Question. I recently helped a friend by her first Eth for $1,700 and it’s all she had. What happens when her portfolio balance goes into the negative, assuming it rises back above that in a week? What happens in the meantime?
View Quote



Its not negative. She still owns the asset. However her dollar valuation went down.
Link Posted: 2/22/2021 1:42:52 PM EST
Reason for today’s draft is a rumor that someone moved $1.5 billion worth of bitcoin out of cold storage on to exchange to sell.  Furthermore one of the addresses has been linked to a shady criminal account.

It doesn’t matter if you are going to HODL.
Link Posted: 2/22/2021 1:43:35 PM EST
Link Posted: 2/22/2021 2:17:02 PM EST
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Originally Posted By Bale2011:
Question. I recently helped a friend by her first Eth for $1,700 and it’s all she had. What happens when her portfolio balance goes into the negative, assuming it rises back above that in a week? What happens in the meantime?
View Quote



Her reaction is the only thing that matters.  Does she have weak hands or iron hodl'er hands ?
Link Posted: 2/22/2021 2:23:07 PM EST
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Originally Posted By Trunalimunumaprzure:



Her reaction is the only thing that matters.  Does she have weak hands or iron hodl'er hands ?
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Originally Posted By Trunalimunumaprzure:
Originally Posted By Bale2011:
Question. I recently helped a friend by her first Eth for $1,700 and it’s all she had. What happens when her portfolio balance goes into the negative, assuming it rises back above that in a week? What happens in the meantime?



Her reaction is the only thing that matters.  Does she have weak hands or iron hodl'er hands ?


She didn't even know how to buy it herself so she probably has diamond hands.
Link Posted: 2/22/2021 2:24:34 PM EST
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Originally Posted By Trunalimunumaprzure:



Her reaction is the only thing that matters.  Does she have weak hands or iron hodl'er hands ?
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Are we still talking about crypto?
Link Posted: 2/22/2021 2:25:55 PM EST
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Originally Posted By Default-Gateway:
Lol at the people who bought in at 57k and are selling at 53k.
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Lol yep. Bitcoin is a wild and stressful ride until you are well into the green.  That’s the big reason to only invest what you can afford to set in fire
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