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Week 9 RCC Performance Update - With Bonus Content!
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It depends on your time horizon. If you want to invest in Bitcoin for 10+ years, then DCA however much money you don’t need today, and won’t need for 10+ years. Consider the money GONE. Having said that, I am an expert, per your request, but not a financial expert and certainly not a Bitcoin expert, so be sure to take that into account.
Money is gone - harsh expensive lesson.... and YET AGAIN - If you would have HELD that sum on an exchance lets say Binance/Coinbase, the money WOULD NOT BE GONE.
Imagine naming your kid GONE.
When I bought in, I went with AGIX based on the conversion rate and the prices at the time. Not advice. Interestingly, those 3 coins have been trending downwards since the announcement of the proposal. But I am bullish nonetheless and am using it as a chance to get in. I think if they merge, the anticipated longevity of the project(s) goes up. Voting to FET ends tomorrow April 7th. It ends for AGIX on April 16th. Keep your eyes on the dates. I’m excited for the build up! I’m trying to type up qualitative scenarios of what could happen. So many hypothetical scenarios. If FET vote passes then it could see a bump in price but then come back down before the merger. Unless most people don’t know ASI’s proposed intro price it could hover around that. However, I think trading volume for FET could be up as people move in and out around the ASI intro price. If trade volume decreases but stays near the conversion rate price, then it could signal a new level of stability that people anticipate within those coins or a perceived increase upon listing. I’m going to try and figure out, are the people buying it focused on the hype of the merger or if they believe in the technology, or both, or neither. How many people going in will know about the conversion rate? How many people will post on here saying “MY FET IS GONE!!! WHAT DO I DO?!? WHAT IS ASI ON MY ACCOUNT!! WAS I HACKED?!” 😂 If conversion rates are known, there is going to be a lot of build up to the merger. If it goes through, which I hope it does. I could see people dumping ASI upon listing as they make gains on the price gap from when they got in. Or if the prices for 3 coins hover above the conversion rate equivalent it’ll signal that people think ASI will boost past that intro price very quickly, before they have a chance to sell. Still if people dump, bullish sentiment will hop on buying the initial dip. My perspective says sentiment for ASI seems positive on the whole. So I think watching prices of the 3 around the merger will be a somewhat unique case study to follow along with. Qualitatively I think it’ll be a good way to gauge sentiment. It’s something really unique that’s happening imo. It could set a precedence for similar proposals or mergers going into the future. If it succeeds I’m interested to see if we find more power couples. I’m looking at and creating scenarios for 1) the price of each before and after each voting period 2) what the vote is 3) general sentiment on podcasts, YouTube, etc. 4) trading volume around the voting periods and leading up to the merger. 5) try to gauge the level of education that people trading these coins have. Mainly, do they get the technology? And I’m going to try and estimate what’s gonna happen at launch because more skilled and staked investors than I am will be able to execute trades before I can even open up an exchange. I’d tons of possibilities. I’d be interested to hear other peoples hypothetical scenarios or qualitative metrics. Mine are in no way fully encompassing of my thoughts, just tossing some things out there. For discussion.
Exactly. That group will be GONE PERMANENTLY sooner than later! #BTC 👍😂🪙😎
>There are people I work with that still thinks retirement accounts are are a scam because the money isn’t immediately accessible I'll bite. I feel this way. 'Not your keys not your coins' is something I FELT for years but until bitcoin and that phrase was coined I could never explain it. There were so many companies that did rug pulls on their employees. "oops your pension is GONE." even the government does it with social security. not only do they raid the cookie jar, they keep putting it on a higher and higher shelf. now it's 67. how long until it's 70? 75? they can all go F themselves. I hold my wealth in bitcoin.
>If you send money to wrong wallet or using wrong network - that money is GONE Not true in the case of "wrong network" You cannot send to an incorrectly formatted address, and if the address is formatted correctly, that means that the keys are compatible. If you send to an exchange on the wrong network they can refuse to help, or charge a huge fee to fix it. But if you send from an exchange to a self-custody wallet on the "wrong network", it's not really a concern at all.
Always have a Defi wallet with no more than $1000 that you use to interact with things. You just paid 20,000 dollars to learn a hard lesson. That money is long $GONE
98% of the US population has already spent their Income Tax. It is LONG GONE already. Usually those in April are business owners who have to pay taxes hence why they wait until April to file. Been in the industry for 20+ years so I know the trends.
[ITS GONE!](https://youtu.be/zNLmXUtIQDw?feature=shared)
You mean that thing GONE has the same market cap as?
omg this twat again...hahaha face it its GONE!!!!!! unless you gonna turn into stig of the dump you aint finding that in working order lol...
holy moly, yes I know that he just bought 0.2 right now! But I am talking about his WHOLE stack which is together with his other purchases GONE goddammit.
I'm becoming like dutch. I JUST NEED MONEH. ONE MORE DECENT TAKE AND IM GONE
69420 IS GONE. Glad we held on. I think we were holding on to something that maybe thought we understood but now we'll...well shit, hang on!
Aaaaaaannnnmdddd it’s GONE!!
I bet a lot of people who invested in [ASSET WHOSE VALUE HAS NOT GONE UP] wished they invested in [ASSET WHOSE VALUE HAS GONE UP]. _Brought to you by the 20/20 Hindsight Gang_
I left my keys on my car and it's GONE!!! Now everyone, buy a tank to be safer :-DDD I use exchanges since 2016, some gone burst and I also a bit of money but I never had anyone hacking my exchange, this simply you don't do the most basic mistakes such as 'click on some links' wtf??? Just move your brain and you don't need to spend money on anything hard which on top of it sell your email addressed. Just watch out what you are doing!
No way... Those days are GONE. 👍😂🪙😎 Hell, It may not ever go under 30k again... Or maybe even 40k for that matter. Anyway, but what you can when you can, and don't pass up on adding more to your stack when you can. #BTC 👍🪙😎
all bitcoins will be halved. forever. GONE
So much for that pullback folks we've been in a BULL RUN this entire time the crypto wizards wannabe wolf of wall street traders are GONE or SIDELINED fellas happy days are here BULLS WIN AVAX TO 1200
Bro I’m clean of 6 days again from sports betting. We both realize every fucking dollar you deposit is GONE. Stop doing it bro. Stop.
Holy cow, this is kind of a big deal. If they don't get more insurance this is the perfect inside job to syphon money away from those who bought the ETF. It's the newest iteration of "annnnnd now it's GONE."
If he memorises his seed phrase with the same spelling as his post, his BTC is GONE.
You realise the amount of BTC held through finds has GONE DOWN since the ETFs as there has been more selling of GBTC than there has been buying in the spot funds. The spot funds have had zero interest.
There's no use in #10 whatsoever. If balance is gone it's GONE. Checking it won't change anything. 🙂
Dude that was 7 years ago. Times have changed. Grow up and learn from your mistakes and understand the risk/failure points. If this was DEFI/DEX and you made a boo-boo there would be no one to talk to. Your money would be GONE.
When we bought our house we more than doubled our square footage, while reducing our monthly housing payments so idk wtf you think your saying but it makes little to no sense in most cases of buying a house vs. renting a home. I was paying over 1,000 per month for a less than 800 sq. Foot apartment,my mortgage is less than 900 per month, and our house is 1300+ sq feet. Rent is never equal to interest expenses. Because every payment you pay, only a tiny portion of that is actually going toward the interest. If you choose to look at it the way you are that's fine... It's not technically wrong I know what your getting at... But on a 150,000 loan at current interest rates your talking somewhere in the neighborhood of 9,000 dollars interest paid out OVER THE LIFE OF THE LOAN. If you stay in an apartment for 5 years with monthly payments of 1000, that's 12,000 per year, that's 60,000 Dollars GONE. You lose ALL OF THAT 60,000. I suppose you'll get your deposit back of 1,000 but when you sell the house. You get EVERYTHING EXCEPT THE INTEREST BACK. so if you pay off the same 60,000 and 5000 of that was interest YOU GET 55,000 BACK. Your argument is assinine. I'm not saying that everyone should buy a house because I'm well aware of how difficult it can be to come up with credit score to do so... But if you can buy a house... You should. And if can and don't...you may as well be burning your money. Also you again completely missed the point of what I said with the tree damage. If I had owned that apartment I would have gone to the store, and bought the shingles and the plywood, and the drywall, and NEVER had to have a single problem that would have forced me out of my home. Instead the landlord decided to be a fucking scum lord and say that the problem was fixed week one after the tree fell. When in fact it wasn't and when he finally decided to actually come out and look he apologized to me and had a repair team out there the next fucking day. To give you a better clue. I've lived in my new home for just over a year. I already have more money in equity than I had for a down payment when I started. That is a very good ROI.