There are currently 2 perspectives on #bitcoin: 1. (left) BTC is a bubble, a ponzi that will go to zero 2. (right) BTC is rising exponentially with great volatility Note that the 2 charts use the exact same data. Perspective matters. #logscale https://t.co/Ej78MZjZ58
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This isn’t the lowest prices will go
This $18,300 dip is still not the lowest crypto will go. Sadly the economy is still in the craps and the stock market is not even close to rebounding. This is not the bottom. If you have money to buy crypto, probably best to wait. I don’t think crypto will go up a reasonable amount while the stock market is losing value. We could very well be on our way to $10k here in the next month or two. Ethereum at $500 is a very reasonable price target abs Bitcoin at $10,000. Don’t invest in alt coins. You’ll be able to get them at pennies on the dollar. This summer will not be kind to crypto. I hope I’m wrong and this post will make crypto change course but I doubt it. This is the time when real money is made. Time to average down and lower your cost basis greatly. Be safe out there people!
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How to get a refund please?
Hi yall, I bought some bitcoin a few months back because my friend told me how it was the future and I needed to buy them. It’s not working out how I thought it would at all. How do I go about getting a refund. It was quiet an expensive purchase so I’d like to get my money back. I have a few other coins I would like to get refunds on, the one with the dogs on them doggy coin and shib in you coin. I have asked all around the local shops in town but no one seems to know anything about them. I have tried phoning my friend that told me to buy them but his phone must be broken because when he answers he can’t hear me. Thanks in advance
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The crash scares me.
I entered the crypto market last summer during the crash. I invested in projects that I researched or those that I believed in. So no shit coins and vaporwaves in my portfolio except may be ADA but we’ll see how that turns out. I’ve not invested a sum that I cannot afford to lose and it’s not like my livelihood will come under risk because of this crash. But I do feel scared being in my first crypto bear market. I do not plan on selling and have moved my coins from exchanges. Yet I feel scared. For the first time seeing those price drops literally scares me. I’m not planning on getting out but I’ve learned some hard lessons like take profits on your alts and don’t get greedy. And also never be married to a position. Previous bear market survivors did you feel the same during your first bear market? Also other people in a similar position to me keep strong.
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When people said at 60k "I wish bitcoin goes to 20k to buy more" they didn't real mean that.
They didn't know what they ment either. What they really ment was: I wish I could travel in time when it was at 20k to buy some more because now I know It went from there to 60k. 20k now? well, in stocks if you look at the past to evaluate if now is cheap or not, then you are lost.
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Tether ($USDT) has been under a DDOS attack after receiving a ransom request.
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WHAT IF THIS IS THE DIP YOU’VE BEEN WAITING FOR??
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It's ok to quit Crypto
If this fall is affecting you negatively, it's ok to quit. Life is more than trying to make money. Crypto is an uncertain game where no one can predict its future. Stablecoins could crash, Bitcoin could go into a 10 year winter and dip below $1000. Nobody knows, and if they claim so, be very sceptical. It is OK to just invest in index funds and earn money the true and trusted way. If that will lead to better mental health, it is a good thing. Personally, I invested in 2014 and sold in 2021. Got lucky. And I think I am not investing in crypto anymore, even if it dips. It just takes so much time to stay up to date. From now on I just DCA in index funds.
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Fear and panic are accelerating which is what we need to bottom out $BTC
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Triple-digit $ETH is also a chance of a lifetime.
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BREAKING: #Bitcoin crashing to levels not seen since the last time you shouldn’t have sold it
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Nobody who has held Bitcoin for 4+ years has ever lost money…
…until today. Dropping under $19900 USD this morning made this truism, well, false. Just last week Michael Saylor tried to remind us all of this fact on his MSNBC interview but now he, and many of us, need to update our Bitcoin elevator pitch. I’ve been reminded a lot lately that there’s no law stating that markets must behave how they have in the past. Historical indicators such as the [Bitcoin Rainbow Chart](https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/) or [Puell Multiple](https://www.lookintobitcoin.com/charts/puell-multiple/) are not guaranteed tips for easy successful investing. Be careful out there, remember that anything can happen, and make decisions for yourself✌️
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#Bitcoin once crashed to $0.01 11 years ago on this day, the value went from a peak of $32 to just a penny on the MtGox exchange in a temporary drop. If that could not stop #bitcoin, then nothing can. https://t.co/guqYRmM2MW
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Bears are doing things to Bitcoin that are only legal in Mississippi.
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