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OT- Bitcoin

Suhrreal said:
Imagine investing in Bitcoin when you could have put your entire net worth into $PEPE. Even $DOGE has outperformed Bitcoin considerably in the past year.

If you're going to go for broke in the incredibly risky crypto space, meme coins are the way to go. The risk is massive but outsized gains will only be made in meme coins at this point.
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I think you're right if you're the little guy. You can seriously change your life with alt coins without having to invest millions of your own money in a business or taking out loans to start one.

If you're a fat cat I think BTC would be the better way to go at this point. An absolute metric crap ton of institutional money is going to BTC. Blackrock, Greyscale, Tesla, ect, ect, ect....

It's not going away this cycle and with the President elect's messaging, it's here for the next 4 years at least. I'd get ready for another 4 years of eating the liquidy sour shit sandwich of the anti BTC/blockchain crowd if that is you're position.
 
Sinomatic said:
I think you're right if you're the little guy. You can seriously change your life with alt coins without having to invest millions of your own money in a business or taking out loans to start one.

If you're a fat cat I think BTC would be the better way to go at this point. An absolute metric crap ton of institutional money is going to BTC. Blackrock, Greyscale, Tesla, ect, ect, ect....

It's not going away this cycle and with the President elect's messaging, it's here for the next 4 years at least. I'd get ready for another 4 years of eating the liquidy sour shit sandwich of the anti BTC/blockchain crowd if that is you're position.
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No. Buy Solana and Solana ecosystem tokens. Buy SUI for beta to Solana.

Buy BTC in your IRA, but keep that shit out of your crypto brokerage.

SOL, BONK, PONKE, WIF, JUP.

RNDR for AI beta.
 
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big red22 said:
You mark my words in 2025 I am going to be bumping this thread... whether I am right or wrong. You know how many people have said Bitcoin is going to fail in the last two bear markets? Yeah me either, because they all wish they would of got in when it was 3k.

Here I thought I'd share this... You know for all those trusted banks that are going to be begging to suck more off the government teet

View embedded media
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It is still 2024... but I want to refresh everyones memory
 
dsmalls3 said:
No. Buy Solana and Solana ecosystem tokens. Buy SUI for beta to Solana.

Buy BTC in your IRA, but keep that shit out of your crypto brokerage.

SOL, BONK, PONKE, WIF, JUP.

RNDR for AI beta.
Click to expand...
Are you talking about Sun?
 
dsmalls3 said:
No. Buy Solana and Solana ecosystem tokens. Buy SUI for beta to Solana.

Buy BTC in your IRA, but keep that shit out of your crypto brokerage.

SOL, BONK, PONKE, WIF, JUP.

RNDR for AI beta.
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SOL for sure is a nice one.

I've got some BONK and I am hoping for just .01 I put 100 bucks on it and if it goes to a penny, after taxes, I'm looking at 54k and I'm heading to Tampa Bay and having a beer and posting a pic in this thread.

I don't think I can trade WIF, I'm on Coinbase, which I do have in my Roth IRA and it's doing swimmingly right now. I wish I bought the WIF when you told me about it last year, but I could not because it wasn't on Coinbase.
 
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If you guys are going to continue this thread, you're going to have to figure out how to do it without discussing political leaders, parties, etc.

Otherwise we'll just lock it.
 
sklarbodds said:
If you guys are going to continue this thread, you're going to have to figure out how to do it without discussing political leaders, parties, etc.

Otherwise we'll just lock it.
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Ok, but you lock it you gotta let me post my beer pic if I make 54k off a hundo... for us little working guys winning for a change
 
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TampaBaySkers said:
BTC broke $100k today. What a milestone
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Was 103K last night. As I said I would, last night I began to scrape off .05% profits on all that I own.

On Feb 12, I predicted 125K in December and pulling back to about 90K around Christmas. Right or wrong it won't affect what I do.

I also predicted in Feb when Ethereum was $ 2,640 it would reach $ 4K by year end. Currently $ 3,850.00

I look to about 200K-225K next year. The implied price should actually be about 800K, because eventually more institutional money, and international countries like UAE and Qatar are gonna be huge buyers, $ 500B from UAE.

DJT also said when he becomes Prez the government will buy 1 million BTC for strategic purposes. When you have a $ 2 Trillion base, that accelerates it real quick in an object with only a finite number available.

I've often wondered how many BTC's have just been lost over the years by people who died or just forgot their seed words to get into their hard wallets.

When Powell said Bitcoin is "digital gold" it makes a difference.

The only people who will bitch are the no-holders. Haven't seen them lately.

I do however, see the potential for a real ass whipping in the near future.
 
itseasyas1-2-3 said:
Was 103K last night. As I said I would, last night I began to scrape off .05% profits on all that I own.

On Feb 12, I predicted 125K in December and pulling back to about 90K around Christmas. Right or wrong it won't affect what I do.

I also predicted in Feb when Ethereum was $ 2,640 it would reach $ 4K by year end. Currently $ 3,850.00

I look to about 200K-225K next year. The implied price should actually be about 800K, because eventually more institutional money, and international countries like UAE and Qatar are gonna be huge buyers, $ 500B from UAE.

DJT also said when he becomes Prez the government will buy 1 million BTC for strategic purposes. When you have a $ 2 Trillion base, that accelerates it real quick in an object with only a finite number available.

I've often wondered how many BTC's have just been lost over the years by people who died or just forgot their seed words to get into their hard wallets.

When Powell said Bitcoin is "digital gold" it makes a difference.

The only people who will bitch are the no-holders. Haven't seen them lately.

I do however, see the potential for a real ass whipping in the near future.
Click to expand...
I used to be a hater then got in the game last year thanks to you and other posters.
 
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itseasyas1-2-3 said:
Was 103K last night. As I said I would, last night I began to scrape off .05% profits on all that I own.

On Feb 12, I predicted 125K in December and pulling back to about 90K around Christmas. Right or wrong it won't affect what I do.

I also predicted in Feb when Ethereum was $ 2,640 it would reach $ 4K by year end. Currently $ 3,850.00

I look to about 200K-225K next year. The implied price should actually be about 800K, because eventually more institutional money, and international countries like UAE and Qatar are gonna be huge buyers, $ 500B from UAE.

DJT also said when he becomes Prez the government will buy 1 million BTC for strategic purposes. When you have a $ 2 Trillion base, that accelerates it real quick in an object with only a finite number available.

I've often wondered how many BTC's have just been lost over the years by people who died or just forgot their seed words to get into their hard wallets.

When Powell said Bitcoin is "digital gold" it makes a difference.

The only people who will bitch are the no-holders. Haven't seen them lately.

I do however, see the potential for a real ass whipping in the near future.
Click to expand...
on my larger holdings I set a stop loss..like 85k for btc now...allows for a harsh 20% dip but keeps one in the game incase price discovery gets heated
 
TampaBaySkers said:
I used to be a hater then got in the game last year thanks to you and other posters.
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It's a tough concept for a lot of people and I don't blame them if they don't/didn't want to get involved.

Hell, one of the first tenets of investing is don't invest money in something you don't understand, so I get their hesitation.

But really, your 401K's, Roth's, Stocks, Bank Accounts, CD's, etc are all just digits on computer screen, aren't they? The price can change 5K -10K in a day and BTC has done that, and likely will again.
Most people can't handle that type of volatility. You only handle it if your a HODLER like myself and others.

I don't pay much attention to the daily/weekly price of precious metals either cause I intend to hold them for years.

Sometimes slow and steady growth is the best way for most people.

I've tried not to influence people in spending their money on anything that I've had success with.
I still think that's the best way to go.

Now my son, has convinced a lot of guys over the years, including me, that BTC was the wave of the future as far back as 2009 when we got involved. Some of his friends have done VERY well as a result, many of them you would know by name if I said who they were.

I appreciate what you said, but there have been many others on here promoting BTC and I don't remember a single time telling anyone to buy this or that, I've just told folks what I do. It's worked pretty well. LOL
 
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itseasyas1-2-3 said:
It's a tough concept for a lot of people and I don't blame them if they don't/didn't want to get involved.

Hell, one of the first tenets of investing is don't invest money in something you don't understand, so I get their hesitation.

But really, your 401K's, Roth's, Stocks, Bank Accounts, CD's, etc are all just digits on computer screen, aren't they? The price can change 5K -10K in a day and BTC has done that, and likely will again.
Most people can't handle that type of volatility. You only handle it if your a HODLER like myself and others.

I don't pay much attention to the daily/weekly price of precious metals either cause I intend to hold them for years.

Sometimes slow and steady growth is the best way for most people.

I've tried not to influence people in spending their money on anything that I've had success with.
I still think that's the best way to go.

Now my son, has convinced a lot of guys over the years, including me, that BTC was the wave of the future as far back as 2009 when we got involved. Some of his friends have done VERY well as a result, many of them you would know by name if I said who they were.

I appreciate what you said, but there have been many others on here promoting BTC and I don't remember a single time telling anyone to buy this or that, I've just told folks what I do. It's worked pretty well. LOL
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Yeah it’s still wild to me. I understand the technicals to it, but the fundamentals are still out there a bit. Buying a physical assets like gold or Land makes sense .. but buying on only technical analysis is tough. A ton of upside though
 
TampaBaySkers said:
I used to be a hater then got in the game last year thanks to you and other posters.
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I did tell Nikki6 that BTC large gains tend to run in 10 day cycles, and they normally do. This time it was from 11/20 until 12/4, so it was actually 14 days, but I think that's because some already wealthy people are enhancing their positions, institutional investors are becoming more involved.

And countries like El Salvadore have an actual Bitcoin desk seated right in their government ran by Stacie Keiser, wife of Max. Their entire country uses Bitcoin. Max happens to be one of the very first early adopters and invented the High Frequency Trading and he and my son have been friends a long time.

Even as the price has gotten high, my son and I continue to purchase very small fractions every week for my two youngest grandsons. They're age 10 and 7, and they have nothing but time.

So what do I give them and all my grandsons and my great-granddaughter and great-grandson for their birthdays and Christmas presents? Silver. The most undervalued asset on the planet.
 
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TampaBaySkers said:
Yeah it’s still wild to me. I understand the technicals to it, but the fundamentals are still out there a bit. Buying a physical assets like gold or Land makes sense .. but buying on only technical analysis is tough. A ton of upside though
Click to expand...
I took computer classes like networking and programing...never really used them, but they sure helped me understand block chain...
and dc helped me understand printer inflation
 
TampaBaySkers said:
Yeah it’s still wild to me. I understand the technicals to it, but the fundamentals are still out there a bit. Buying a physical assets like gold or Land makes sense .. but buying on only technical analysis is tough. A ton of upside though
Click to expand...
To this day, I still consider BTC risky. We could enter a time of total chaos when the internet goes down for an extended period or some gigantic cyber attack could wipe them out, along with everyone else's 401k's, bank accounts, etc.

At least I want to be on the leading edge of something that has "potential" to really grow.

But would I cry or get upset if the whole thing vanished? Not really, because it wouldn't wipe me out, it would just leave me with different values of different real assets. Should that happen Gold would be around
$125,000.00 an ounce, I would be okay. If all else fails, I own all that we have and my adult kids and I have zero debt.

One thing I know, the precious metals I have on hand are always gonna be there.
If the bank wants my $ 200.00 I leave in there, they can have it.
 
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I'm just glad my grandson showed me how to get bitcoin in about 2010. I tried to tell people about it. Was in the drive through once and a guy that I used to play football with who was a great player was serving me fries. I felt bad for him so I showed him my crypto wallet so he could see what he missed out on. Then I peeled out in the parking lot without paying. Not telling you what to do, just letting you know what I did.
 
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Took some gains at 93k. Knew it could still run but wanted to take some off the table and get dry powder in case it dips again. Not sure it will now but who knows.
 
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