Crypto Currency - Believers Only
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RichM s&p 500 is close to 40T. Big institutions only play crypto with pocket money atm. They can play with a heck of a lot more if they see the opportunity long or short, remember 100k is a 54% run from these levels it’s not out of the question at all esp with all the money that has been printed by these crooks just siding on the sidelines.
Funky you stated what I said, investment institutions could invest more, but they aren’t. Yet Hursty has guaranteed Bitcoin triples by end of 2025. I would assume the big guys would want a bigger piece of that pie. Or is Hursty just spouting usual crypto shite thinking it will go to the moon etc
Maybe I’m just bored of keyboard warriors thinking they are investment specialists in this space
RichM they are already invested Rich, who do you think is pumping Bitcoin these last few months, all those skint retail customers?
I think from here, circa $44k then north of 6 figures is a very reasonable target given the history of price action. Is that moon boy territory? $500k is moon boy territory
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RichM I was buying crypto like fuck this time last year when btc was at 17k and eth was at 800 everyone thought I was nuts and that crypto was fkd but buying the fear sometimes is what you have to do maybe it was luck. Personally I wouldn’t get into Bitcoin or Solana now they have ran to much and a dip will be needed if they are to step up again. If I’m not early now I’m very hesitant but that’s not to say it won’t go to 100k by end of next year i just don’t have balls to jump in again now.
Sold my solana & btc a few weeks ago, got rid of most of my dot just holding some eth and shib now but I’m stepping well away now unless a very good opportunity comes up again.
Just remember what crypto had to fight this year also and it still came out on top.
Funky sounds like you have done well and sensible approach, fair plays to you.
I would love Bitcoin to reach 100k as I would finally make some cash on it I’m just not convinced it will go that night by 2025. Like you said, it will plummet again at some point, so that 100k mark becomes more unrealistic (in my view)
However it’s been a nuts investment for ages so who the fuck knows.
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Hursty just cautious after some bad investments in stocks, I’ve got more of a make it take it approach conservative profits no greed. Problem I have now though is fomo if it all runs more especially alt coins.
Hearing a lot of fud about market crashes too but Bitcoin has detached from the market a lot lately. I’m bullish long term but just feel top coins have ran a lot might need a healthy retracement could be very wrong.
Is todays 7% drop all part of the plan or am. being a paper handed bitch?
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Herman has always supported an expansionary fiscal and monetary policy. Back in the 2012 he began issuing short-term debt instruments denominated in locks of his thick thatch.
Thankfully the Argentine central bank devalued Cattáneo’s hair after it started looking a bit scruffy.
Fucking hell lads. Thinking of you all at this difficult time.
‘Top tier apes’
LOL.
https://www.ft.com/content/443b2589-0a4a-48ef-872e-3cd52b1b297d
Be weary of sell the news carry on now, but crypto seems to be pumping but cpi out later. It’s a big step the ETF could potentially open crypto up to a 40 trillion market cap but we’ll just have to see, still take profits when you get them.
The ETF opens a lot of doors and BlackRock and others are pushing hard, so it’s all got the stench of big money around it. I see ETH spiked on the news too.
Are we strapping up again then?
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According to Meet Kevin, the fed will continue to print money the next 50 years! We will head for deflation (stagnant economy) and negative interest rates. So saving won’t make you anything and currency will be devalued / deluded more and more. This can’t happen with crypto so mad not to own some with money you don’t care about, also he thinks you should own assets i.e property going forward or at least have a pension fund.
We need to talk about Kevin
Meat Katie FTW.
Millsy He is probably wrong on deflation but there is no doubting that they will continue to money print. I’m looking at an invest pension fund with true potential typically returns 8-10% a year and I’ll make most out of the current interest rates which won’t last into next year, along with little bits in crypto.
RichM https://www.tpllp.com/true-potential-portfolios/
Probably go with the balanced portfolio, more of an invest fund over pension but around 8% annual gain.
Patience is key now.
Am holding tight DF!
No point in bitcoin unless you are rich already. Pile into the shit coins and ride the wave to VALHALLA!!!
NFA
Touched 52k today, almost 2T crypto cap again. Eth doing some nice gainz.
The gainz train we go!