For those of you who are worried right now. There will be 100 different opportunities for you to enter into this at a level you feel comfortable. Don’t look too much at what’s already happened and feel you missed out. Volatility goes both ways.
I'm up almost a grand in just a week with my super sophisticated portfolio: 0.1 ish BTC, 1 ETH, 1 LTC. Almost want to just cash out call it a day and never look at this thread again. Someone tell me no.
Thanks, you've convinced me. It didn't take much. I have adjusted my exit level from a Omega Seamaster to a Rolex Daytona. LEH DO DIS!
Hey guys, my STM went up a whopping 38 cents on the Nasdaq. In addition, the exchange closed 3 hours ago. So antiquated, and last century stuff. The above illustrates why I think there is a future for cryptocurrency. Our entire way of life, business structures are quickly changing, and once the genie is out of the bottle, you can't put it back. If you do, as a nation, you will be left behind.
Could eventually pull out your initial investment and feel better letting it ride. I'm trying to make my exit-with-principal plan, just waiting for the market to tick up more .... said everyone always, probably.
I gotta say I disagree with this. You should absolutely care about your point of entry. Where it goes wrong is waiting way too long to enter into anything. For example, if ethereum is at $500 and you’re waiting for it to drop down to $350 or so to purchase. There’s nothing wrong with that. If you’re waiting for it to drop down to $150. Well, you’ve probably already missed that boat. To someone putting in thousands of dollars, that difference is huge. Let’s say ethereum one day goes to $3500 and you invested $10,000. At $350, you’d have $100,000. At $500 you’d have $60,000. That’s a lot of money to be leaving on the table. And in crypto, just a few weeks can lead to that difference. There are always big dips. Suppressing the urge to enter when you see wild swings is difficult though. Of course, $60,000 is way better than $0. Hence, don’t sit on the sidelines forever. But a more optimal entry point is nothing to disregard.
What is a good entry price point for BTC? I invested in LTC at $195 today, already have $ in ETH. Looking to place down $ so I have a solid amount invested. That's around the amount I'm comfortable losing completely if it all falls apart.
WTF am I supposed to do with these >1 amounts of alt coins I have on Binance? Tried converting some to BNB but my sell order hasnt moved. Yeah, I care about a few dollars shoot me.
No, it's really BS. They are skimming from all of the accounts. No one really cares that much because of how much money they're making.
No, you still need to find value. Just realize that floor scraping is gone for the large CCs. Sure, some of the alts there's hope. SIL
I dont want to be 'that guy', however I strongly recommend people to not share their actual investment and what they have.
Charlie Lee tweeted something earlier about how there will always be big dip, so don't buy LTC if you're not willing to stomach it dropping to $20. Something along those lines. He's trying to calm all the enthusiasm bc it's certain to drop at some point. He pointed to the example of LTC being ~$40 and dropping to $4. So now, I'm debating. Buy at $225 or let the next few days/week play out.
