Bad Crypto Investing Advice

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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

THIS DOESN'T TELL ME ANYTHING!! except maybe, "hold?"
2021-02-22_9-23-14.jpg
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

the chart flattened out so no fun drama to report either way :(

hmph
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Maeve
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Re: Bad Crypto Investing Advice

Post by Maeve »

It’s almost noon-ish here and I just refreshed the coinbase tab and it looks like everything is down. For now. Really most of my interest in all this is to read your threads (I always loved the movie review threads!) and cheer you on. I hope you make lots of cash!
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

See that crossing at 12:52pm CST? We're in bull territory again!
aha  2021-02-22_14-09-46.jpg
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All that chaos, some peoples lives were probably changed, and we end up with a price from last Friday. :P
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

Maeve wrote: Mon Feb 22, 2021 4:52 pm I hope you make lots of cash!
I hope this too. I have plans on making a giant money bin filled with gold pieces and swimming in it.
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

In other news, I'm losing $0.16 on my Atari stock today:
atari 2021-02-22_14-22-19.jpg
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b-but if you like Atari why do you own only 5 shares?
Because Atari hasn't made a good financial move in 40 years, and my buy was from leftover scrap money. :P Seriously, they're asking $400 for a console that plays retro games...
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Ophelia's Vengeance
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Re: Bad Crypto Investing Advice

Post by Ophelia's Vengeance »

Atari is still around? And is public??
the band was altogether, yes he was alright, the song went on forever
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

Ophelia's Vengeance wrote: Mon Feb 22, 2021 10:33 pm Atari is still around? And is public??
Yep. Atari's been bankrupt and it's IPs sold and re-sold and re-resold and now there's a new Atari out there. I admire the spirit but I think they need to bring something new to the table other than another emulator machine.

Speaking of things going down the toilet:
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The real BTC correction is occurring. Not THA BIG WAN, but the 20-30% adjustment I thought would happen at $60k. I'm still not selling until at least August, so other than goofing on the price and panic, it doesn't concern me.

el charto:
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hindsight is 20/20 :P As you can see on the chart, the lines RE-crossed themselves in the wrong way (SELL sigh - bearish) and have been bleeding moneys since 5pm CST or so. As an investor -- an INVESTOR, not a swing trader -- you need to accept the fact that these events will happen. It can be very dangerous to try and day trade these swings as we saw with the violent dip and recovery yesterday. I'm suspecting that the short ladder attacks that we saw in AMC are happening here (jerks selling and reselling to each other at intentionally lower prices to lower the commoditys price). I understand BTC can also be shorted. Whee... more jerks.
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

Screenshot_20210223-194847_copy_512x125.png
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creeping back up to 50k. Nothing exciting.
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Furious
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Re: Bad Crypto Investing Advice

Post by Furious »

btc wednesday 2021-02-24_15-23-12.jpg
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BTC is still fleeble-flurburring between $48k-$51k today and bigwigs are taking advantage of the price:

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You can swing trade/day trade BTC but for right now this is a set-it-and-forget-it investment. Remember: Coiny-coin will go WOOSH until $100k-$170k, dump, and then sloooowly build for a year or two back to its peak*. Yes the BTC superpeak number keeps going up. I've read of figures significantly higher than this... but let's stay grounded. Hitting $170k in 2021 will be a miracle.

*allegedly
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