ETH has a higher beta and is still a long way from it's all time high. If ETH2.0 delivers then it would not surprise me at all if it goes x10 during the next mania cycle.
I was but I'm out today in the 19s. The last I bought was in the 16s when it dropped on Thanksgiving but it seems to be struggling so I'm done for now. ^taking his beans off the table^
Medical data of Israeli officials leaked online after insurance firm refuses to pay $1mn ransom to cyberhackers – reports Israeli insurer Shirbit, which was hacked on Tuesday, rejected requests from the Black Shadow group, which threatened to sell the firm’s data online unless it received a payment of 50 bitcoin ($950,000) within 24 hours. Newly released hacked data on Friday reportedly included the medical records of Shirbit customers, including Israeli officials, as well as scans of ID cards and drivers’ licenses.
Good luck to you. My assessment is that it's bouncing down off a very strong psychological resistance at the previous all-time-high. Not currently looking over-bought (despite the previous run-up) and to some extent is now consolidating/coiling for a big push. I'm expecting it to break through strongly before Christmas. Probably when the next stimulus gets announced - which may be closer than it appears.
Yep it very well could be ready for a big spike. I've heard 50k and more than that. I dont know enough about cryptos to see the fair value so I only trade it up and down. I'll be watching indicators and will buy again for sure but waiting to see. I sold my apple as well today.
BTC at 50k isn't huge gains from here in the scheme of things (if you are getting in now). But if it hits that and brings altcoins with it I would be keen on picking up some speccies for leverage... just gotta do a lot of research. Otherwise there still more money to be made (For me) on my favourite junior PM mining stocks since I know those markets better. The right altcoins would make far more money though... the race is on to pick some good ones. Edit: BTC to a million bucks is still the 5-10 year play. Worth holding some. I'm only just comfortable with my core precious metals portfolio of physical and mining stocks. So could be a bit late to crypto and will just see what I can grab as it runs...
I've thought about buying some just to hodl but havent kept anything yet. Seems like a good idea to diversify into cryptos even after I used to talk shit on them but you just never know haha. I always end up wanting to get the cash back out at certain times so I sell. It's just kind of hovering about to make a move either way.
He's talking about it like I did at $500... wish I was an investment banker thought I had regular povity to deal with I was happy with my $50k gains that I blew pretty quickly on parties and a car back then LOL I want my 100 btc back
That's the thing. Bitcoin has fully recovered, but name one altcoin that recovered to the previous highs. Most are still like 80-90% down.
I bought and sold a little more but was hardly worth the time for a few bucks haha. I'm sure it will have more huge pullbacks so I'll just wait till the hype slows down.
Most likely Bitcoin hangs around 18000-19000 for a while. Any wicks down will be bought by Greyscale or Microstrategies quasi ETF. When Bitcoin ticks over 25000-30000 then flick over to Ethereum and most hyped altcoins like Ripple, Chainlink and Polkadot. Let's see how well this post ages...
I'll buy again when it drops and I'm sure it will. I think it may go much much higher eventually. It seems to have some resistance around 20k for some reason. I'm trying to decide if I should buy some to hodl but I cant commit yet. I'm thinking for the long term anyway.
What's gonna happen next so exciting! Testing recent lows or lower possibly? Or winding up for a skyrocket? I'd bet for lower lows and hopefully around 12 or so would be awesome! 9k or lower would be woop woop!