Bitcoins - digital currency - Page 2104 - Business, Finances and Investing Forum

This has happened too many times to count now. Exact same scenario, just a different shitcoin each time. This happened tonight:

*guy I've been trying to get off zero from 20k-->65-->15-->70 I'm begging him again to get off zero*

"Just start. Get off zero and start learning from here. I'm telling you this as a friend." and other general discussion we've had numerous times.

and the first thing he says

"What do you think about XRP?"
Now mind you, this guy knows nothing about nothing and says what do I think about XRP. I say "It's a shitcoin like every other shitcoin, but tell me one single, solitary thing you know about XRP" and he's like 'Yah, I don't know anything about it, just asking."

I'm honestly like wtf this is happening every time. It's almost like they can't just admit you may be right about something, and always have to add their vanilla, know-nothing input, even if they know zero about what they are even talking about. This is literally happening every time I talk about bitcoin with some guy I know.

Did you neuralink me and post my thoughts? Happens time and time again.

Quote

03-30-2024 , 12:26 AM

#52577

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,539

Safemoon around April 2021 is my favorite so far. Begged that guy too. It's honestly exhausting, but I'll keep on chugging. Can't give up on society.

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03-30-2024 , 01:07 AM

#52578

Bluegrassplayer

Carpal \'Tunnel

Join Date: Sep 2007 Posts: 38,848

XRPs are cheap, BTCs are expensive.

Quote

03-30-2024 , 10:20 AM

#52579

hansmolman

old hand

Join Date: Sep 2010 Posts: 1,849

Co-worker bought $2500 of litecoin in 2017 when btc was around 6k. He liked having dozens of one coin instead of a portion of a real one.

Still hear from him every bull run asking my thoughts on ltc.

Every time I’ve told him to move it to btc.

Look forward to hearing from him in 2028

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03-30-2024 , 01:08 PM

#52580

rickroll

oddly catty

Join Date: Aug 2011 Posts: 22,868

tbf i thought litecoin would be the winner because of the horrendous fees btc has

and then I later thought bch would be the winner for the same reason

then much later in life, I realized nobody cares about actually using it as a currency

Quote

04-02-2024 , 09:38 AM

#52581

Sheep86

Join Date: Nov 2009 Posts: 6,640

What's going on? Are we going to zero? Should I panic and sell everything?

Quote

04-02-2024 , 09:47 AM

#52582

Grimstard

banned

Join Date: Jan 2024 Posts: 457

Quote:

Originally Posted by Sheep86

What's going on? Are we going to zero? Should I panic and sell everything?

Swongz they r 1 thing

Quote

04-02-2024 , 09:49 AM

#52583

Grimstard

banned

Join Date: Jan 2024 Posts: 457

Quote:

Originally Posted by crawfurd

my dad just told his kids to ape into bitcoin. calling the top here.

What does ape into Btc mean?

Quote

04-02-2024 , 10:16 AM

#52584

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,782

Quote:

Originally Posted by Sheep86

What's going on? Are we going to zero? Should I panic and sell everything?

Dump it all. H

Quote

04-02-2024 , 12:19 PM

#52585

Grimstard

banned

Join Date: Jan 2024 Posts: 457

Quote:

Originally Posted by Grimstard

What does ape into Btc mean?

FYI My dad also mentioned Btc wow it’s so uppppp to me ago couple weeks. Confirmed top. All downhill from here.

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04-02-2024 , 12:21 PM

#52586

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 10,962

I think Bill Perkins wrote a book about this one time.

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04-02-2024 , 12:28 PM

#52587

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,782

here's what people need to do.

DCA whatever amount is comfortable for you financially into bitcoin every week or month.

stop looking at the price.

touch grass and live your life.

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04-02-2024 , 12:28 PM

#52588

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,491

Quote:

Originally Posted by Sheep86

What's going on? Are we going to zero? Should I panic and sell everything?

Liquidation cascade.... nothing new.

'Longs' are being washed out of the Futures and leverage markets by Whales and Market makers.

if you are a DCA investor, this doesn't affect you in the least.

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04-02-2024 , 12:38 PM

#52589

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,539

I prefer DCA + BTFD enjoyer, but yes.

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04-02-2024 , 04:23 PM

#52590

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 10,962

Quote:

Originally Posted by housenuts

here's what people need to do.

DCA whatever amount is comfortable for you financially into bitcoin every week or month.

stop looking at the price.

touch grass and live your life.

I'm allergic to grass.

Quote

04-02-2024 , 04:33 PM

#52591

mrno1324

veteran

Join Date: Feb 2016 Posts: 3,055

I will sell the top then lump sum rebuy deep in the bear
It will probably work right?

Quote

04-02-2024 , 04:41 PM

#52592

Montrealcorp

Carpal \'Tunnel

Join Date: May 2007 Posts: 13,427

Quote:

Originally Posted by mrno1324

I will sell the top then lump sum rebuy deep in the bear
It will probably work right?

What’s your top ?

Quote

04-02-2024 , 04:42 PM

#52593

mrno1324

veteran

Join Date: Feb 2016 Posts: 3,055

Quote:

Originally Posted by Montrealcorp

What’s your top ?

120k

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04-02-2024 , 05:37 PM

#52594

Tuma

Worships Amon-Ra

Join Date: Aug 2012 Posts: 16,408

top feels like 199k and two years from now.

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04-02-2024 , 07:07 PM

#52595

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,491

Arbitrage always works...

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04-03-2024 , 03:13 AM

#52596

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,782

Quote:

Originally Posted by Tuma

top feels like 199k and two years from now.

Probably 1.5 years.

Spoiler:

Quote

04-03-2024 , 04:08 AM

#52597

unit18

grinder

Join Date: Feb 2007 Posts: 444

Quote:

Originally Posted by mrno1324

I will sell the top then lump sum rebuy deep in the bear
It will probably work right?

Similar to beating online poker, easy to say-hard to pull off.

Quote

04-03-2024 , 08:38 AM

#52598

mrno1324

veteran

Join Date: Feb 2016 Posts: 3,055

Quote:

Originally Posted by mrno1324

120k

PlanB expects 500k-1M, would be brutal if I sell at 120k and that happens :|

Quote

04-03-2024 , 10:40 AM

#52599

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,491

there's not enough liquidity to get to 500k in the short term... that's nearly a 7x from where we are and going from roughly a one trillion dollar market cap to a 9-10 trillion dollar market cap is not happening IN THE SHORT TERM in my humble O. Could it happen... yes, will it happen... doubtful.

A sane price target is 140k-250k