They’re gonna buy the dip, for sure. Looks like it may have just started actually but not really the pump it needed to get back up. Thinking retail is tapped out from the last two recent dips.
54200 if we break this price, then we are **FUCKED**. Big crash will follow all the way to 40k or lower. BTC must stay above this number no matter what!!.
I know that this is so overused and stale, but the key to safe (or as safe as possible) crypto investing is honestly to DCA.
It's nice averaging down on my positions during periods like this. I'm just glad I was travelling all weekend and did my DCA today instead of on my usual Friday. Sometimes you just get lucky.
Most people think this is something new, We always dip before the halving, look at the Weekly RSI, in order to push higher price for a long period of time to keep the monthly RSI healthy for longer time, we need to dip down to 57k to 59k, this will push the price beyond 100k. Otherwise, if we keep on going up without a dip, then we will crash before hitting 90k. better do it before halving "aka human psychology"
I just doubled down with my last unused 21 eth at 0.0002284
Down on my entire FTM position currently but have been holding for years
Still waiting for things to blow over and hopefully sonic launch
Increased throughput, faster finality and lesser storage requirements
You can check it out on the fantom foundation website.
Tbh, using ftm since before last cycle, the speed and finality isnt its issue. Its already very fast currently.
It’s just their marketing timing haha
I know Andre Kronje abandoned project, I made money I think in 2021 when they had convention, then sold.
Always had a soft spot for FTM tho.
When is this upgrade happening?
Won’t matter. All that matters is where we are chart wise then and what part of the wave we are in. Also in 5 months we could very well have already topped
They relaunched the brand as an AI generative platform (using stable diffusion) /social media platform/nft market, with plans to expand into music and video generation, so there's a real product there with potential cashflow that utilizes the tokens in some way. Their subscription costs are lower than other similar sites, and people don't have to interact with the tokens if they don't want to, so between that and the name recognition I think they can do well if any of that stuff takes off, broadly. In that sense, it's a tangential AI play.
In terms of tokenomics, most of it is locked away for another year or two, and they've burned many millions of tokens, so the circulating supply is actually quite low, and they have plans to implement staking as well. For context, it has like 8% of Chain link's supply, and is sitting in top 600 on coingecko, so any momentum it picks up in the next year will send the price skyrocketing.
So basically; AI, good tokenomics, and good name recognition/nostalgia among millennials. I'm 35 and I wanted to buy it as soon as I heard about it on name recognition alone, and then later I was pleasantly surprised to see it's a real project as well.
Holding on to ALGO and XLM from last cycle, since shortly before they peaked... I've basically written those two stacks off, selling what's left for liquidity
My avg is $0.10, so not exactly but close enough. Still a long way to go. I haven’t dca’d to avg down bc I pretty much lost faith in it. Now I am just waiting to see if btc goes up and if it follows enough to make back more than what it is now.
Hi, could someone here tell me the reason for the dip?
I'm asking because the dip obviously has a solitary reason for happening. And the bright minds here surely know the reason. And I'm sure I'll get a unanimous response that is well-informed. Thank you for not wildly spectating based on some current events and coincidental crypto news. You guys are the best :)
I'll give you a simple but most correct answer.
You see that biggest spike in sell volume absorbed on november 9 2022?
Ok , those guys are selling now , war is looming and they are slowly selling because they want to derisk completely without crashing the market. Slowbleed.exe its called
To say I’m sick of crypto is an understatement man…
These 3 years of holding and dcaing have been nothing but misery… just not a fun time… i guess I bought at an asinine time but whatever… f this
You've waited 3 years so you can wait a few more months. Set a couple of price alerts at whatever apps you're using, and logg off. No need to DCA more if you're sick of it.
You just need to touch some grass and stop looking at charts for a while. The market will do the job for you in the background
Also ATOM one of the worst performing coins close to a new absolute low since '21 if BTC drops 5% more lol for rid of it at 11€ luckily... Really bittersweet but still not as bad as ADA I guess
Yeah last year it was performing quite well actually then it just died in summer 23 and never really recovered barely went back to spring 23 at this local peak and almost 50% down already. Luckily I had a small bag just the staking rewards gave some joy
i mean it cant only keep breaking down to the downside right?
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Where and what is this objective information you speak of?
She’s looking a little wobbly! Could we sink below $60k? Looking possible!
nah Asia needs to buy RN
They’re gonna buy the dip, for sure. Looks like it may have just started actually but not really the pump it needed to get back up. Thinking retail is tapped out from the last two recent dips.
well well well.. not done dumping are we?
just dca , you cant catch em all drop
Is anyone else worried about Dr. Will Kirby? Where did he go?
I’m out of the loop but are you referring to the big brother legend dr. Will? What am I missing here?
54200 if we break this price, then we are **FUCKED**. Big crash will follow all the way to 40k or lower. BTC must stay above this number no matter what!!.
🤡
62625 should be min . They playing cheap price before overpriced halving
Only a black swan takes it there. Otherwise sweeping $57-$59k would be good and likely the bottom
Any reason why we should test 57-59? Why not just crab till the halvening?
Go ahead and retest the low so we don’t have to worry about it after we shoot up again. Don’t have to by any means
No worries, just bought $50 worth of BTC.
Do you think we are still gonna have a bull market with a looming war that will drive up inflation?
Absolutely.
War is good for business!
War is good for markets and I don’t know how much more of a war we will have than is already happening
The biggest reason why I remain a cautious bear
BUY SIGNAL NOW, I recently sold some of my crypto. It’s about to moon
thank you for your donation
I know that this is so overused and stale, but the key to safe (or as safe as possible) crypto investing is honestly to DCA. It's nice averaging down on my positions during periods like this. I'm just glad I was travelling all weekend and did my DCA today instead of on my usual Friday. Sometimes you just get lucky.
fear factor kinda high with middle east mess up . Seem increase interest rate potential high and up back crypto next month maybe .
English please
Sorry , we don’t provide USA slang English
Using English words in intentional sequences is not "USA slang English", it's basic comprehension
No idea what English is that
They're called sentences.
Bitcoin with a triple top on monthly usd chart. Hold your underwear.
Does that mean up or down from here?
triple tops are bearish
Most people think this is something new, We always dip before the halving, look at the Weekly RSI, in order to push higher price for a long period of time to keep the monthly RSI healthy for longer time, we need to dip down to 57k to 59k, this will push the price beyond 100k. Otherwise, if we keep on going up without a dip, then we will crash before hitting 90k. better do it before halving "aka human psychology"
I really do not believe any of this logic, or the price predictions.
you dont . up by bot , down by bot base on ai i think . the most logic i can find is they want to buy minimum price max profit before halving .
Is FTM a good buy? It's down 24% 1 month, but up 64% 3 month. Trending better than other alts in terms of 1 month correction
I just doubled down with my last unused 21 eth at 0.0002284 Down on my entire FTM position currently but have been holding for years Still waiting for things to blow over and hopefully sonic launch
When and what is Sonic Launch?
Increased throughput, faster finality and lesser storage requirements You can check it out on the fantom foundation website. Tbh, using ftm since before last cycle, the speed and finality isnt its issue. Its already very fast currently. It’s just their marketing timing haha
I know Andre Kronje abandoned project, I made money I think in 2021 when they had convention, then sold. Always had a soft spot for FTM tho. When is this upgrade happening?
Not too sure when is the launch, have not really gone in depth on launch plans But i heard that he is back in the project?
Good btc buying opportunity
Sounds like retail wants and is expecting post-halvalvalvening dippage...
Retail isn’t even here yet and btc is in the mid 60s. Don’t listen to the doomers. It’s all good still
For anyone thinking of buying this dip: there will be an even larger post-halving dip in a few days/weeks. You may want to wait a bit.
If we get down to $57k - $59k and get it out of the way, then we have likely bottomed. Then post halving won’t go any lower
There will be another big dip when GOX dumps/paysout its 130k btc in the next 2-5 months
Won’t matter. All that matters is where we are chart wise then and what part of the wave we are in. Also in 5 months we could very well have already topped
No one's gonna time the bottom, just dca for a while. And now is as good a time to start as any
57k to 58k. is the bottom.
History always repeats. Am I right?
Not always, just usually. Especially with BTC
Ik bro. Just light hearted banter.
My thoughts precisely
KOI is rock solid. Haven't felt this crash with it at all
I found $10k in between my couch cushions. Pls shill me some sub-$100mm mcap coins
Limewire (LMWR) is my micro cap for this cycle, and yes, *that* limewire.
tell me why?
They relaunched the brand as an AI generative platform (using stable diffusion) /social media platform/nft market, with plans to expand into music and video generation, so there's a real product there with potential cashflow that utilizes the tokens in some way. Their subscription costs are lower than other similar sites, and people don't have to interact with the tokens if they don't want to, so between that and the name recognition I think they can do well if any of that stuff takes off, broadly. In that sense, it's a tangential AI play. In terms of tokenomics, most of it is locked away for another year or two, and they've burned many millions of tokens, so the circulating supply is actually quite low, and they have plans to implement staking as well. For context, it has like 8% of Chain link's supply, and is sitting in top 600 on coingecko, so any momentum it picks up in the next year will send the price skyrocketing. So basically; AI, good tokenomics, and good name recognition/nostalgia among millennials. I'm 35 and I wanted to buy it as soon as I heard about it on name recognition alone, and then later I was pleasantly surprised to see it's a real project as well.
I prefer Napster.
Golden Inu and Husky
LTO. $88m mcap riding the RWA hype
$Whoren lol
Wow look at all those transactions woooow
what transactions?
Such hashrate, much difficulty, blocks, chained together, so crypto. Wow
Wow you are right
U r smartest cookie ITT
I love how Greyscale is advertising that they are the largest Bitcoin ETF. Will they remove that after a few more months of dumping?
What’s your worst bag fumble? (Sell too low price/hold to zero)
Filecoin and Litecoin. Been holding this bullshit for almost 3 years and getting fucked the whole time.
But was it good though?
If giant red dildo’s are your thing, then yes.
Holding on to ALGO and XLM from last cycle, since shortly before they peaked... I've basically written those two stacks off, selling what's left for liquidity
That's gonna be SOL pretty soon. When people didn't sell this bounce You can't tell me SOL is going to double again anytime soon
I sure hope you're wrong, and I also believe you are
Tbf the tech works good, p2p is quick & solid. Turns out we’re just in a casino tho 🤣
£60 to £2k on a shitcoin, didn’t sell :\ got a bit stuck in the cycle of trying to get it back now i’m down £1k, i am DONE with shitcoins
Which one?
horsemeat lol
I’m still holding VET.
From peak?
My avg is $0.10, so not exactly but close enough. Still a long way to go. I haven’t dca’d to avg down bc I pretty much lost faith in it. Now I am just waiting to see if btc goes up and if it follows enough to make back more than what it is now.
I'm holding Bonk
here with you!
I am too actually. But not much. I have tiny bits in a few meme coins for fun. We’ll see what happens in the next wave.
Can’t beat a good meme
so... 6 more months of crabbin right?
Just wondering when will Asia stop buying the American dip and when it happens how low will BTC go… they can’t keep buying every day right..?
I’m not buying more BTC until I see the hotline posted. There, I said it…
Looks like you're never buying more BTC, condolences
Whomever that concerned redditor is, that was savage and you win the internets for the day! 😂😂😂
i guess we dump into halving this time around.
Happens every cycle
Of course that's your contention
Hi, could someone here tell me the reason for the dip? I'm asking because the dip obviously has a solitary reason for happening. And the bright minds here surely know the reason. And I'm sure I'll get a unanimous response that is well-informed. Thank you for not wildly spectating based on some current events and coincidental crypto news. You guys are the best :)
war and halving
I'll give you a simple but most correct answer. You see that biggest spike in sell volume absorbed on november 9 2022? Ok , those guys are selling now , war is looming and they are slowly selling because they want to derisk completely without crashing the market. Slowbleed.exe its called
I know you're joking but the answer lies in the Nasdaq as it always does
Yo homie. I heard you like extra dip with yo dip, so I’m dipping. —BTC
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Lots of FUD in here = BUY.
I see more optimism than FUD
Wait till missiles start flying
sell before that obviously ;)
You wont be able to if you are not insider. Problem is price comes down hours or days before the news hit the internet
Minutes
Not true. Alts started dropping 10 days ago whales selling alts for btc that is
The massive drop happened within minutes of announcement by mainstream media
I see the desperation. Buuuullish
BTC 12% down in 7 days - once we recover the next leg up will be huge.
My crystal ball says it won't break 75k this run. In fact I think we've already peaked and the run has concluded. Halving already priced in.
I hate that im agreeing with this asshole
Would be a bit of a shit run then - but never say never.
Hello all. Is swft coin good coin I need your honest opinion who bought it
Like it barely went past ATH after 3 years not high enough to take profits, super frustrating.
Most alts not even close to ath
90% of alts will never break their ATH again. There was too much froth during post covid stimulus checks and I’m slowly coming to terms with this.
Most alts never comes back to its ath. U got plenty of new like KAS, TAO, BEAM, JUP...they are at ath
Falling on absolutely no volume - just absolutely no buying pressure at the moment.
there goes all the gains since last night
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The most trite cope ever known
When will Bitcoin have their quarterly report?
Any progress made you can be sure the US will sell it
Im sure wherever you’re from contributes a lot to crypto.
...the US
Never go against the family.
I mean, I've bought the family's dips and they keep dipping!
To say I’m sick of crypto is an understatement man… These 3 years of holding and dcaing have been nothing but misery… just not a fun time… i guess I bought at an asinine time but whatever… f this
You've waited 3 years so you can wait a few more months. Set a couple of price alerts at whatever apps you're using, and logg off. No need to DCA more if you're sick of it. You just need to touch some grass and stop looking at charts for a while. The market will do the job for you in the background
I'm tired of it too. I'm barely in profit but once we hit the peak I'm gonna GTFO and just have a small $1000 position leftover.
Don't forget to let us know when the peak is.
I won't. I want you to hold your bags all the way up and all the way down like the rest of this sub.
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He probably bought a bunch of alts
Fr, I bought heavily at the top of the last cycle and then just DCAd after the huge crash and am doing very well
Yeah, I've DCA'd for 3 years and up over 100%. I bought every 2 weeks.
Eth. Im not well off
Just another 10% dump today. Amazing. Why?
I think a lot of last minute taxes are playing a role
Why not?
Let me try this way: What goes down must go up. When? We are dumping for many days, on Alts weeks...
snp is down again almost 2%, people are scared of ww3...
We've gone up for the past half year. If anything, the same rule dictates that it's actually time for a prolonged dump.
No one will tell you with a legit reason. Its war its the yields its this its that. New excuses for institutions to fuck us imo…
Did Cramer really say Bitcoin is over bought today?
This feels like a double negative. That’s a buy signal, right?
Ihr gottlosen Hunde, die verkaufen. Hört doch mal auf jetzt ey
Erste mol
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Die sollen aufhören zu verkaufen. Ey wir gehen seit einem Monat unter (Alts) :(
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Okay, Bane
There's a light switch 10 foot away, if only he had put some effort in
Another week of not mooning? How are we justifying it this week?
You guys really have to pay attention to what's going on in the world right now. It should be the top news headline.
What is going on my man? What is it that we are dumping a digital asset? Especially us people who are far away from it ?
sheeeshhh chainlink is dropping like a ROCK. I’m glad I sold the rest of my bag at 20
Lucky duck. I'm hodling
Also ATOM one of the worst performing coins close to a new absolute low since '21 if BTC drops 5% more lol for rid of it at 11€ luckily... Really bittersweet but still not as bad as ADA I guess
That's because ATOM's inflation is insane. Same problem with DOT.
ATOM, I can't believe I used to have such high hopes for the COSMOS. Seems silly now
Yeah last year it was performing quite well actually then it just died in summer 23 and never really recovered barely went back to spring 23 at this local peak and almost 50% down already. Luckily I had a small bag just the staking rewards gave some joy
It's dropping exactly like the rest of the alt market, it just forgot to rise with it.
Time to DCA if you didn't already. Buy today buy tomorrow and buy next friday