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20210423 $$ BItCoin DROPS 11% in past 12 hours $$$ BUY? sell? Or HOLD?
Google ^ | None

Posted on 04/23/2021 1:11:18 AM PDT by FRinCanada2

As one who holds a variety of Cyber Currencies I am HOLDING rather than panic sell for significant losses over the past 24 hours I have been buying as the prices drop bit the price keeps dropping. What say you ?

(Excerpt) Read more at google.com ...


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KEYWORDS: 20210423; bitcoin; btc; crash; cryptocurrency; cybercurrency; elonmusk; ping; r; spartansixdelta; tesla
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To: Maurice Tift

“...I only had about $40 on Coinbase and it turned into $27 at which point I converted my Ethereum into Dai... which means that Ethereum will probably skyrocket to never before seen highs very soon. I know this because I can make it rain by leaving my car windows rolled down....”

LOL....
You should go to Vegas and have your wife, better half, buddy, etc. just bet opposite of what you’d bet one. I thought I was the only one that had that kind of “touch”. Some have the “golden touch”. I have the “crap touch”.
I only have about $500 in crypto, but it’s all in Eurtherum. I don’t plan on touching it for now.


61 posted on 04/23/2021 6:15:16 AM PDT by lgjhn23 (Pray for America....)
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To: Magnatron; C210N
If you’re seeking financial advice from a bunch of keyboard warriors — some typing from their mom’s basement and others worshiping a letter — you’re in trouble as an investor...

Now just DHLO on there! (I like to alphabetize my allcaps. I have CDO.)

Now this here BCT is important stuff! If a BLGO says to DHLO, then by God, I'm going to DHLO!

Of course, I don't know how you would DHLO this here BCT, but I have plenty of CFJO left from when it went way up some years back and I was able to buy it on sale at Kroger. I tried to sell it back when the price went up they weren't having it so I started my own BLGO and I said "BUY!" but no one would listen and they all decided to DHLO instead, but at least I can drink my CFJO since I only bought enough to fill the freezer. What were we talking about now?

62 posted on 04/23/2021 6:20:50 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Magnatron
others worshiping a letter...

Oh, I don't know about that... seemed good enough to memorialize a murdered POTUS.


63 posted on 04/23/2021 6:25:57 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
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To: FRinCanada2

as of 2008 I’ve put ALL my investments into physical metals. Half in gold and silver and the other half in lead and brass....


64 posted on 04/23/2021 6:31:20 AM PDT by gdc61 (LOL not.)
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To: urbanpovertylawcenter
Yep, I got a PhD in Amateur Trading in the 90’s with Terry McAulluf’sic World Com was it?

I had a 'friend' from Boston that went into the brokerage business in the late 70s and based on his "inside knowledge" I bought $80 K worth of that crap "Global Crossing" and watched it go in the dumpster.

When it got down to single digits he recommended I sell, but I was flying high with some other real brokers, and I opted to take it all the way down and take the write off.

I never used a "friend" as a broker after that, it clouds your judgment.

Terry Mac was/is a crooked demonRAT and has made millions using his Clinton connections, including that fake car company he owned.

65 posted on 04/23/2021 6:56:08 AM PDT by USS Alaska (NUKE ALL MOOSELIMB TERRORISTS, NOW.)
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To: FRinCanada2

Bitcoin will eventually find a stable price level and will stop these wild swings. I suspect that stable price will be significantly higher than today’s levels. If you bought it at a much lower price than today’s, just leave it alone.


66 posted on 04/23/2021 7:01:17 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: FRinCanada2
What say you ?

I say your link that runs through google, the data harvesting king, sucks.

Direct version

https://www.coindesk.com/bitcoin-decline-deepens-worst-week-since-february

I only had a $250 investment. It turned into $470 and then I saw the inner tube popping out the side of one of my rear tractor tire that had cracked and split so I pulled $300 out of crypto to buy tires. That left me with $170 which is now $120.

Pulled the $300 when things were at a high and two days after I pulled it, crypto started it's drop. Dumb luck/good timing. Sucks to see it drop but I'm hodling and hoping to buy more in this dip.

Always hodl if you can and buy more in the dips.

And imho, your chosen asset doesn't matter all that much because they all peg right along with Bitcoin. Just pick a solid project that will be around in 6 months or 6 years.

Here's 90 days with Bitcoin in orange and an alt coin in blue. Alt coin is at $1.10 while BTC is $49,163.00 but they trend the same basically.

67 posted on 04/23/2021 7:36:59 AM PDT by Pollard
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To: FRinCanada2

Are you posting from an Android device? Why do all your links run through google.com/amp? AMP is Accelerated Mobile Page so I’m guessing it’s an android device you’re posting from. You CAN edit the link and remove the googly crap.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/04/23/bitcoin-btc-price-plunges-as-260-billion-wiped-off-cryptocurrencies.html

https://cnbc.com/amp/2021/04/23/bitcoin-btc-price-plunges-as-260-billion-wiped-off-cryptocurrencies.html

Can even remove that second AMP part so the page isn’t phone width.

https://cnbc.com/2021/04/23/bitcoin-btc-price-plunges-as-260-billion-wiped-off-cryptocurrencies.html


68 posted on 04/23/2021 7:45:20 AM PDT by Pollard
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To: agere_contra

I have my teenie investment sitting at coinbase and just converted my two alt coins to USDC. Stable and pegged to the USD. When I see things start to trend upwards again, I’ll swap back to my alt coins. Converting from one to another on coinbase is free.


69 posted on 04/23/2021 7:56:24 AM PDT by Pollard
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To: cornfedcowboy
just don’t count on putting your kids through college on the stuff.

People who bought several Bitcoin when it first came out made enough to put their kids through college. In 2011, a bitcoin cost $0.30 and a couple of months ago it was $65,000.00. People who bought a few hundred dollars worth in 2011 could buy or build a college today

But yes, it's very volatile and you should only invest what you can afford to lose.

70 posted on 04/23/2021 8:05:52 AM PDT by Pollard
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To: Flick Lives

“Perhaps it is the 21st Century’s electronic equivalent of the Tulip Craze of the 1600’s”

Except when that bubble popped you still had some tulip bulbs (if you wanted them).


71 posted on 04/23/2021 8:44:13 AM PDT by Stosh
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To: Responsibility2nd
Really? Ethereum is down 12.53% at this time.

Back up at 2342 after dropping to 2150 last night.

72 posted on 04/23/2021 9:05:01 AM PDT by montag813 ("Fallen, fallen, is Babylon the Great")
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To: FRinCanada2

Bitcoin is beanie babies


73 posted on 04/23/2021 9:10:19 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: agere_contra; C210N
+1. Buy Silver.
Its price has been desperately suppressed for decades and - unlike the sorry-ass Federal Reserve note - it IS actually money.

While these markets are manipulated, IMO they will soon lose control. The zombies are awakening, thanks to the $-trillion bills by Congress:


74 posted on 04/23/2021 12:44:46 PM PDT by Oatka
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To: Oatka

Good time to resurrect this thread, it’s been a few days.

BTC is in freefall, from 63k a week ago to 47k today


75 posted on 04/25/2021 3:03:44 PM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
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To: C210N
BTC is in freefall, from 63k a week ago to 47k today

Bemused, I stand aside and watch. I'll stick with the hard stuff.

76 posted on 04/26/2021 4:54:06 PM PDT by Oatka
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To: Fred911; C210N

Update on this thread due to being suspended for posting this in Breaking News.

I certainly defer to the admins on FR to remove content from the sidebar that FR seems “not breaking news”. When multiple media sources started reporting that BTC was in free fall I started to BUY BUY BUY as the sell off continued I started to get nervous and thought FR would consider the double digit downward spiral was breaking news.

I resisted the temptation to SELL at significant loss and now I am sitting quite nicely and cashed in some of the short term gains from my decision to BUY BUY BUY during the sell off.

Just curious if others did the same


77 posted on 05/02/2021 5:05:27 AM PDT by FRinCanada2 (#BOANERGES Season 2 Episode 2 of The Chosen will be released 4/12/2021 Are you Ready?)
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To: Oatka

Ping


78 posted on 05/02/2021 5:06:05 AM PDT by FRinCanada2 (#BOANERGES Season 2 Episode 2 of The Chosen will be released 4/12/2021 Are you Ready?)
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To: cornfedcowboy

Ping


79 posted on 05/02/2021 5:06:21 AM PDT by FRinCanada2 (#BOANERGES Season 2 Episode 2 of The Chosen will be released 4/12/2021 Are you Ready?)
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To: SquarePants

Ping


80 posted on 05/02/2021 5:06:36 AM PDT by FRinCanada2 (#BOANERGES Season 2 Episode 2 of The Chosen will be released 4/12/2021 Are you Ready?)
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