Everest Coin launched Sept. 21st, 40k MC to an ATH of over 6mil MC in just days 🤑! Climbing again pumping to 10 Mil MC! Listed on CMC, Coinsbit (CEX), many more in the works! Real world partnerships with Nascar, MazerGaming, and a TBA Guinness record holding climber. Now is the time guys DYOR!!! 🔥
For fun I put 50 into shib. Eventually it hit 300 and I traded it for 1000 doge, which will likely hit its ATH again at some point, for 3kish. Then I'll try to find something else to 3x that. In the meantime I'm still DCAing the rest of my portfolio. Point being, you can make some decent money with a little bit, but you just have to wait for a few ups and downs and keep your fingers crossed.
Breaking ATHs barely ever makes news though. Did we hear when btc broke its ATH of 19k last year? Or whenever it broke its last ATH on the way to 19k in 2017? News is made when new ATHs are made. I think we're still in the consolidation phase and the bull run hasn't begun. Btc stays 8k and goes 19k in 2020 is meh. Btc goes 19 to 65, bruh now we're doing something. Plus most people have no context for previous ATHs. It's news when it happens the first time, just normal market movement when it happens the second time.
Why would BTC will drop? I don't know much about futures but is you want to go bear with it you will have to wait for the contract to expire right? Because "sell the news" it's not a factor and i think we can only see a small one after make a new ATH. The 3 quarter is mostly bullish and the only decouple can be if the alts keep the bullish of BTC other wise will be bleeding.
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That futures ETF might start trading next week already but the uplift I'm thinking will become because it is such a big news that U.S. SEC approves Bitcoin in such a way. Of course not all good news are good days regarding the price. Sometimes the day may result in lower price too. Short term it does not matter, only long term is important. And everybody knows where the price is going in long term. So I have no reason to fight you over what happens tomorrow. I will try to buy more tomorrow before the announcement because I believe it might boost the price to the new ATH but I will not get dissapointed if that won't happen tomorrow. Few halvings will anyway make my tomorrows buying too to go to the moon. Good luck anyways and thank you for the contribution!
El Salvador, SNL (btc was mentioned and screwed), BTC futures release in 2017 Keep in mind that there will be a big gap between ETF approval and investments and that futures are NOT bitcoin. Some of you will remember this all too well along with the 3 years that it took to break the ATH. Check the date and price against the steep drop https://www.theguardian.com/business/live/2017/dec/11/bitcoin-price-futures-trading-begins-cryptocurrency-business-live
While I do agree the rich get richer and the people making massive gains are the people with money and yes that is right. It’s all up to you to go make those gains. Everyone wants capitalism but then blames the rich because of where they’re at, if you grind and stopped blaming everyone maybe you would’ve made those gains. But for one I am a 22 year old college student in Florida who started investing into crypto after the 2017 ATH when I was 18. I didn’t have a lot of money but the little money I did have I’d chose my positions wisely because I know I don’t have endless cash. But for me a hundred turn to a couple and so on and so on until flash foward to 2020 I’ve gotten it up to 3k of some small coins like REN, GRT, MATIC, NU and now I’m sitting on close to 30k in crypto once they popped. Now once I flip that who knows where the gains are. This was all while I was in school and could only invest $50-100 a month for years.
I would personally not borrow when everything is near ATH. That's kind of scary. But you do you. Aave is very trusted, works great. Depending on the asset, you may earn interest by borrowing, instead of paying. But the rates are variable, so you need to pay attention to them.
I feel you man. I'm a single dad too that doesn't make that much and invest what I can. I'm happy with my investments and have more money than if I never invested. Is it risky? Yes. It was crushing to watch my investments in the big crash we had early this year but it's already recovered and heading to ATH again. Ignore them and think of the long term.
I didnt downvote anyone lol. I just saw your comment. >\> Stop loss is a suckers bet for people that don’t know how or when to take profits and don’t have an exit plan I think this is a strong opinion, people always want to book profits and when they reach a point where they are satisfied with their profits, they can put a SL instead of just exiting from the market. How is that bad lol. Suppose BTC reaches a new ATH how would you know which way it goes next? In that case if you made enough profits, just put a SL so that you can book profits and reinvest when you get a dip.
Yep, that’s why I hate hearing people who quote stuff like, “if you’d bought doge in 2018 and sold it at its ATH, you’ll have $$$” That is technically true but that’s ridiculously hard to do, you don’t know where the top and bottom are until it’s too late.
Yes, I think people misunderstood with the stop loss thing. I specifically said put stop loss when you are in profit. if suppose BTC hits a new ATH , chances are there so that it can go either way. So its better to put a SL so that you are ready when a flash crash occurs.