All cryptocurrency threads (merged) (bonds, credit, 401k, invest)

[Rocko20]

We warned folks many times that a bear market or multi-yearlong sideways action was possible, and to have an exit strategy to take profits and move them into stablecoins to buy the dips.

We warned folks that a profit isn’t a profit until it hits your bank account.

No one knows when BTC will bounce back to an ATH, it’s been going sideways for about a year. The institutions will always dump BTC during bad times and pump it during good times.

So just accumulate, be patient, and wait for the next bull run. It could be next month, it could be next year.

[mathjak107]

Selling one thing and buying another with similar gain loss potential is no different then choosing one and keeping it in play .

Anytime that money from the sale of one asset is rolled in to another nothing changes …

You would have to sell and go to an asset less capable to matter actually pulling that profit out of the risk pool

[mojo101]

Originally Posted by Rocko20

We warned folks many times that a bear market or multi-yearlong sideways action was possible, and to have an exit strategy to take profits and move them into stablecoins to buy the dips.

We warned folks that a profit isn’t a profit until it hits your bank account.

No one knows when BTC will bounce back to an ATH, it’s been going sideways for about a year. The institutions will always dump BTC during bad times and pump it during good times.

So just accumulate, be patient, and wait for the next bull run. It could be next month, it could be next year.

next bullrun?
what would trigger the NEXT BULL RUN?

[mathjak107]

No one knows as crypto has yet to prove any link to any of the economic outcomes

[mojo101]

Originally Posted by mathjak107

No one knows as crypto has yet to prove any link to any of the economic outcomes

so how do you explain its run to $60K??

[mathjak107]

Originally Posted by mojo101

so how do you explain its run to $60K??

The bigger fool theory , like baseball cards , tulips and beanie babies …

As long as someone thinks someone will buy it higher they take the shot .

So far it has not been an inflation hedge .

It seems linked to equities , specifically tech stocks and prosperity , except when it isn’t

[mojo101]

it is now a risk asset,it fluctuates like other commodities.unfortunately the large players have been absent,you just pray they do not liquidate their holdings to buy something else like Twitter,oil fields,missiles?

[mojo101]

if you are a professional trader at a time like this ,what would you buy Copper or Bitcoin?

[SVTLightning]

Originally Posted by Rocko20

We warned folks many times that a bear market or multi-yearlong sideways action was possible, and to have an exit strategy to take profits and move them into stablecoins to buy the dips.

We warned folks that a profit isn’t a profit until it hits your bank account.

No one knows when BTC will bounce back to an ATH, it’s been going sideways for about a year. The institutions will always dump BTC during bad times and pump it during good times.

So just accumulate, be patient, and wait for the next bull run. It could be next month, it could be next year.

It's why I haven't stopped mining yet!

[Drewjdeg]

Originally Posted by mojo101

arent cryptos already deemed as securities due to the way it is taxed?
why bother with some of these crypto coins when you can just invest in gold,silver and US $

There's more to crypto than just being a store of value. I think 95% of crypto projects will fail, and good amount of them are scams to a varying degree. However, there are some brilliant people doing really interesting things. It just takes time to find them through all of the noise.

LayerZero, Solana, tZero, etc. are all building extremely interesting infrastructure that will change how markets function. And the good part about crypto is that the average person can invest, whether it be in a security token or a utility token.

As of right now, my two biggest holdings are TZROP and STG.