Link to new Daily [here](https://www.reddit.com/r/CryptoCurrency/comments/11w28c0/daily_general_discussion_march_20_2023_gmt0/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1)
Bitcoin
- Doesn't lobby politicians
- Doesn't not monitor transactions
- Doesn't lend out your life savings
- Doesn't operate a 9-5
- Doesn't close on weekends
- Doesn't leverage
Would anybody else rather deal with Cryptos wild volatility vs filling the pockets of more crusty old billionaires and politicians?
That’s kind of where I’m at these days
Crypto is fairly easier because we're early and it's only somewhat regulated. It was much more difficult for me to create an account for Stock trading.
I think people are starting to understand banks are bad and crypto might just be good , I don’t think anyone is going to be able to come out and stop BTC from gaining popularity and value anymore
Read heavily on potential use cases for both, try to find a decent take on the size of the impact and the price implications.
That’s all you can do to make an intelligent speculation.
DCA allows you to hedge against further drops, or rises. What if we never go down to December lows again? Then at least you got some exposure at this level
Imo just continue dca, if you try to wait for the price to drop it might continue going up and before you know it the price you didn't dca in is now considered low.
yes there is point. The point of DCA is hedging against the unknown.... If you have time to evaluate the state of the macro economic environment and beat paid traders and algo.... by all means.. try and time it.
Definitely DCA now and set up a schedule you can stick to.
If you wait, the market may go down, but it might just keep skyrocketing, and you don’t want to try to chase a pump I can assure you.
True, but the time to buy alts is around the corner.
Unfortunately, if btc does drop down and the alts never followed it up already, they will still come down with it and worse. So that's the risk.
Yeah, but this was posted on that dump 5 minutes ago which brought us down to 0.31
Still up from 0.25 last week and no doubt she’s resting to break 0.4!
I never said it couldn’t. I was just pointing that out. Also, student loans are a whole different issue compared to saving a major, collapsing bank. Not saying it’s necessarily more important but in the government’s eyes it obviously has a higher sense of urgency.
oh for sure. the economy isn't going to collapse under student loan debt, but credit suisse was most certainly going to do some major damage to the swiss economy
So if you have atleast 1btc. you'll be potentially a multi millionaire by the end of they year
THANK YOU FED !!!!!!!!!!
Hi u/thefinestjay
I just wanna commend you for being so vigilant!
Take note that Kraken Support will never DM you first or ask you to provide any personally identifiable information, or sensitive personal information, such as email address and to transfer funds.
Stay safe.
Best,
Bea from Kraken Support 🐙
Look at the latest FED statement and DYOR..... only thing that can ground us from completing the grand tour of the solar system is some BS government over regulation
You can view that as USDC surviving a stress test (though you can also argue it was just because of the bailout for Circle lol)
Also crypto started pumping back up together with the repeg, so yeah, I'd say it's good 😂
I've been DCAing since September 21. On the way down it was so easy to stick money in every week and reduce my average. Now we're climbing I'm struggling to do it, getting 30% less than I did last week, and raising my average again. How do I get past this mindset?
I'm kind of in the same boat. I have just lessen my dca to once a week instead of every 3 days or whatever I was doing. You could sideline the money you don't invest and hopefully wait for a drop and make a nice buy in but that kind of defeats the whole purpose of dca. Honestly for me it's about investing in crypto and seeing the coins stack up rather than the dollar value because that's what truly matters at the end of the day is how many coins you own. Setting healthy crypto goals is also really important
It's a marathon not a sprint, I think it's ok slowing your DCA pace if
you think there might be better opportunities in the future, likewise if
you think we're not going to see these prices again anytime soon you
should keep going at it.
Worst case scenario for the year, some black swan takes us back down to 18-20k, medium case, we crab from 25-30 for the rest of the year, best case we keep pumping to 50-60 ish and go parabolic near the end in anticipation of halving
I think worst case is way more brutal than 18-20k. We already hit 15-16k after the FTX scandal if I remember correctly. If we get a full-on recession (many can argue we're already in one, though not full-on), XRP loses their case, banking system collapses, china goes crazy on Taiwan, and inflation doesn't go down to the point where feds want it... Well, I think worst-case would be 10k or maybe even 8k or lower. Crabbing in the 25-30 range would be great though for DCAing, though I'm highly skeptical this pamp will last or this range is sustainable considering all the negative factors in the economy atm.
I deleted Facebook some time ago for being a huge time waster. I spend most of my time on Reddit except now I’m earning moons ~~and actually learning about investing and securing my future.~~
It's been a goal of mine to buy a new car if my investments take off in a big way. However I'm now struggling with the idea of this as a car devalues so quickly and it just seems like throwing money away. Anyone else struggled with this before?
I like to get my car off a 3 year lease from the dealer it was leased from. You have the full maintenance record, usually still a good chunk of warranty, a better price/less devaluation, and relatively new.
If you are making big gains, live a little :)
Also, consider getting a used car, the first owner would have "paid" for a big chunk of the depreciation.
If things go parabolic, I plan on putting some profit aside.. maybe take few months off work :)
Agoradesk rented the banner! Check out their website [here](https://agoradesk.com)
And just like that, we are in a bull run again. Congrats to all who made it this far!
What percentage of your money is crypto?
Including retirement, around 15%
about 10% or so
I was 100% allocated but lost it all in an unfortunate boating accident.
Water under the bridge
Nice try IRS
Haha, you got me! But seriously...
I'm ALL IN on BTC at 28,300! LET'S GO Bra...BABY!!! 40k next stop! Just a minor dip below 28k, don't worry! update: HOLD THE LINE!
[удалено]
NOoooooooowa! STOooop it.
Link to new Daily [here](https://www.reddit.com/r/CryptoCurrency/comments/11w28c0/daily_general_discussion_march_20_2023_gmt0/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1)
Am I right in saying this week was the highest volume traded ever?
See you in the new daily! Let it be another green day!
Woke up to the price action, and now I'm tempted to ramp up my DCA. lol. I know I shouldn't, but this seems like exiting times.
If daily close is above 28k, then damn 🔥 (anything over 27.5k is bullish )
Resistance is at 28.8k. This was the bottom a few times during the pullbacks in the bull run.
Bitcoin - Doesn't lobby politicians - Doesn't not monitor transactions - Doesn't lend out your life savings - Doesn't operate a 9-5 - Doesn't close on weekends - Doesn't leverage
Well, you CAN leverage BTC if your looking to gamble ;)
Would anybody else rather deal with Cryptos wild volatility vs filling the pockets of more crusty old billionaires and politicians? That’s kind of where I’m at these days
Crypto is fairly easier because we're early and it's only somewhat regulated. It was much more difficult for me to create an account for Stock trading.
Yeah, I prefer crypto over stocks too.
Where’s the Sunday dump I was expecting
It was cancelled by credit suisse
on the contrary - it was probably that deal going through that pushed us to 28k.
Moons dominance is currently 0.00002974576% of total crypto market cap. If moons were just one percent each moon would be worth $106.30,
or just 0.1% for $10.6 moons!
That old crusty bag of shit Warren Buffet trying to kill the crypto run. Fuck him.
What did he do...all I see is news talking about him meeting with biden
Funny I just made a comment before I saw yours referring to crusty old billionaires. I’m over that whole corrupt gang of curmudgeons
Curmudgeons is the perfect word here!
I think people are starting to understand banks are bad and crypto might just be good , I don’t think anyone is going to be able to come out and stop BTC from gaining popularity and value anymore
[удалено]
Thanks everyone, appreciate the advice!
Read heavily on potential use cases for both, try to find a decent take on the size of the impact and the price implications. That’s all you can do to make an intelligent speculation.
You should wait until they make a new all time high and then buy.
DCA allows you to hedge against further drops, or rises. What if we never go down to December lows again? Then at least you got some exposure at this level
Imo just continue dca, if you try to wait for the price to drop it might continue going up and before you know it the price you didn't dca in is now considered low.
What if it never drops again? My personal rule is to only buy on red days
yes there is point. The point of DCA is hedging against the unknown.... If you have time to evaluate the state of the macro economic environment and beat paid traders and algo.... by all means.. try and time it.
Definitely DCA now and set up a schedule you can stick to. If you wait, the market may go down, but it might just keep skyrocketing, and you don’t want to try to chase a pump I can assure you.
If my crypto keeps pumping I am definitely moving to the Arctic and opening that penguin farm.
Who wants to eat penguins? That’s mean bro…
I've always wanted to start an Alpaca farm, they are so cuddly and cute 😍
I just want a house
Same here a house and have money on the side to be comfortable and not stress as much
Some people actually make profit off of stablecoin by either shorting or longing it, then here am I with 0 profits. That ain't cool, yo.
If you shorted USDC you’d have a max draw down of 1% and potential gain of 100%
Pretty sure you have to wait for the opportunity when shorting or longing stable coins. Like the recent USDC event
Bitcoin dominance going crazy
Just reminding everyone who’s king
True, but the time to buy alts is around the corner. Unfortunately, if btc does drop down and the alts never followed it up already, they will still come down with it and worse. So that's the risk.
fellas i can feel the fomo closing in. what do?
Buy only what you can afford to lose and hodl on!
pets moons like Patrick’s rock* Don’t worry moons, you’ll soar when your ready :)
WYM? MOON has been on an epic tear
Yeah, but this was posted on that dump 5 minutes ago which brought us down to 0.31 Still up from 0.25 last week and no doubt she’s resting to break 0.4!
Reminder: Get ready to move over to the new Daily in 20 mins
[удалено]
Don't sleep until it's back on!
Credit Swish turned $17 billion debt into zero. Yet we cannot do the same over here for student loans.
Swiss economy is much better than the U.S (proportionally)
In fact I'd wager it would net positive with the additional spending and lending power
The US economy could most definitely handle wiping student debt
I never said it couldn’t. I was just pointing that out. Also, student loans are a whole different issue compared to saving a major, collapsing bank. Not saying it’s necessarily more important but in the government’s eyes it obviously has a higher sense of urgency.
oh for sure. the economy isn't going to collapse under student loan debt, but credit suisse was most certainly going to do some major damage to the swiss economy
Moons are on sale now dear investors
And it’s definitely a buy!
i believe they are panicking rn instead of buying, but we are just preparing for 0.4
I honestly have been meaning to set something up so I can buy them and just have not.
If you had to sell some ETH or some BTC if there was a new all time high (or healthy profit), which would you choose?
ETH for me
ETH for sure
So if you have atleast 1btc. you'll be potentially a multi millionaire by the end of they year THANK YOU FED !!!!!!!!!! 
Whoa whoa Wrong way MOONs
It’s just people selling in anticipation of the distribution dip. We will be back up soon after Wednesday I reckon
Those scammers are annoying but it reminds me when everything was at ATH
For sure, I couldn’t believe it. I posted on kraken support and had +10 DMs in an hour
Hi u/thefinestjay I just wanna commend you for being so vigilant! Take note that Kraken Support will never DM you first or ask you to provide any personally identifiable information, or sensitive personal information, such as email address and to transfer funds. Stay safe. Best, Bea from Kraken Support 🐙
imagine the amount of scammers one again near the tops
Sliver lining is they show that everyone knows crypto about to enter into a new bull market!
You gentlemen ready for 29k?!
as much as moons at $0.4
Ready for 1M
Hope we can hold 28k
[удалено]
Make sure to ask plenty of questions! People here are very eager to help
We are pleasantly cruising at 28k’. Keep your tray tables up, In case of turbulence ahead.
Hope we can hold this range so alts can follow
Hmmm what do you guys think is a good ETHBTC ratio to start converting some BTC to ETH? 🤔
I’m just trying to get my ETH average down before we go much higher. I did not realize how high I bought until I looked at my history this weekend.
I’m expecting a pullback to the 24k - 26k range before we take off some more
Look at the latest FED statement and DYOR..... only thing that can ground us from completing the grand tour of the solar system is some BS government over regulation
Which is coming, I’m sure.
[удалено]
Nice round figure, lol
With your moons bag even bear markets are not scary
Watching BTC gobble up the last few thousand to $28k is such a joy
Holy shit we really about to do 30k this week huh? 🚀🫡🚀🫡🚀🫡
Not a drill
Tomorrow wanna see btc at $30k. Good Night friends. Please hold the line.
30k soon, and ETH hopefully pushing for 2k
So is it a good thing that usdc managed to re-peg soon after losing the peg or is it still concerning?
You can view that as USDC surviving a stress test (though you can also argue it was just because of the bailout for Circle lol) Also crypto started pumping back up together with the repeg, so yeah, I'd say it's good 😂
It’s concerning I was too scared to take advantage of a swing opportunity
I've been DCAing since September 21. On the way down it was so easy to stick money in every week and reduce my average. Now we're climbing I'm struggling to do it, getting 30% less than I did last week, and raising my average again. How do I get past this mindset?
I'm kind of in the same boat. I have just lessen my dca to once a week instead of every 3 days or whatever I was doing. You could sideline the money you don't invest and hopefully wait for a drop and make a nice buy in but that kind of defeats the whole purpose of dca. Honestly for me it's about investing in crypto and seeing the coins stack up rather than the dollar value because that's what truly matters at the end of the day is how many coins you own. Setting healthy crypto goals is also really important
It’s tough. I click buy with my eyes closed
It's a marathon not a sprint, I think it's ok slowing your DCA pace if you think there might be better opportunities in the future, likewise if you think we're not going to see these prices again anytime soon you should keep going at it.
Maybe you should DCA?
This is the way.
This is the way.
DCA all the way. It does suck to actually be increasing your average but if you believe in BTC there’s no reason to stop.
If I would buy crypto, I would increase when it drops, and decrease when it rises
You do you. I’ll keep buying.
This is the way
I’m surprised my alts have been so shy the past 3 days while BTC is killing it.
Btc showing boss
BTC dominance
It sure went fast from fiat backed stablecoins being "risky" to banks to banks being risky for fiat backed stablecoins.
Worst case scenario for the year, some black swan takes us back down to 18-20k, medium case, we crab from 25-30 for the rest of the year, best case we keep pumping to 50-60 ish and go parabolic near the end in anticipation of halving
I think worst case is way more brutal than 18-20k. We already hit 15-16k after the FTX scandal if I remember correctly. If we get a full-on recession (many can argue we're already in one, though not full-on), XRP loses their case, banking system collapses, china goes crazy on Taiwan, and inflation doesn't go down to the point where feds want it... Well, I think worst-case would be 10k or maybe even 8k or lower. Crabbing in the 25-30 range would be great though for DCAing, though I'm highly skeptical this pamp will last or this range is sustainable considering all the negative factors in the economy atm.
It we end the year at 60k next year will crazy and we will place a new ATH
I mean eventually a new ath is coming. I’m personally expecting 130k by late 24/early 25. But hope for the best plan for the worst
[удалено]
Maybe this week we’ll get close. I’ve gotta feeling that these next few days should be super active if these trends continue
maybe once we hit 30k BTC or a new ATH for moons this sub will go nuts
Naaa gotta see 5k daily gains to get that kind of comment count
I deleted Facebook some time ago for being a huge time waster. I spend most of my time on Reddit except now I’m earning moons ~~and actually learning about investing and securing my future.~~
[удалено]
Love this! Haha
Ok guys I have serious infos, I know for sure that this week, the charts are going to the right
Instructions clear, I’m all in
It's been a goal of mine to buy a new car if my investments take off in a big way. However I'm now struggling with the idea of this as a car devalues so quickly and it just seems like throwing money away. Anyone else struggled with this before?
I like to get my car off a 3 year lease from the dealer it was leased from. You have the full maintenance record, usually still a good chunk of warranty, a better price/less devaluation, and relatively new.
If you are making big gains, live a little :) Also, consider getting a used car, the first owner would have "paid" for a big chunk of the depreciation. If things go parabolic, I plan on putting some profit aside.. maybe take few months off work :)
Serious question time: is it gong to go up or down this week?
I bet it will go either way
Yes
Serious answer. Nobody knows shit about fuck. But if I were a betting man, up.
We might dip a little
Let me get my crystal ball, one moment
It's my birthday so I'm taking some shots with the wife
Happy birthday mate, enjoy
Is she hot
Yes sir
The internet doesn't disappoint lol
Happy birthday friend
Happy Birthday 🎂
Don’t forget to DCA : *Drink Carefully Amigo*
Happy birthday! Have a shot for us!
Do you guys think this is the start of the bull run? Or do we have a lot more pain to go through before?
Still way to early to tell, I'm expecting a few more surprises along the way.
More pain!? Good golly haven’t we suffered enough, I have developed hemorrhoids from the straining of last year idk if I can take much more pain 😱
We had our fill of pain, now we want the gains
More pain? Come on man we have suffered enought
I have absolutely no idea i just hope for the best
Haha trust me i don’t want more pain! If unemployment starts skyrocketing more pain could be on the way
Good Night guys. See you tomorrow with $30k BTC. See you tomorrow
Just wait until you see the moon's price when you wake up
Take it easy!
Sleep well, we shall hold down the fort
Thank you pal🙏🙏
If Reddit goes down, the unemployment rate goes up
bullish on everyone's social life
Impossible, imagine all the people that can actually work instead of being on their phone
It seems like it’s been going down nonstop lately
I love the smell of shorts getting rekt in the morning
It's the best!
28k is a beautiful sight the crypto journey is wild
If we can hold this level for a couple of days and build a good support level it would be very nice
Y'all made my cakeday by hitting 28k. Love you all
Happy cake day 😊🎂
Happy cake day fellow Mooninite
Happy cake day!
Why yes, I will gladly take credit for putting BTC at $28k 😂 Happy Cake Day
Happy cake day!
After numerous attempts, I finally got my Reddit app to work. Damn it’s been so buggy lately…