Crypto

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  1. #1
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    Crypto

    What are my fellow investors buying in? I am sitting on Bitcoin and Ethereum and am buying and selling DOGE, SHIB and XRP regularly.

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    Quote Originally Posted by SBLabsRep View Post
    What are my fellow investors buying in? I am sitting on Bitcoin and Ethereum and am buying and selling DOGE, SHIB and XRP regularly.
    I trade in and out of coins all day long but my only long term holdings at this point are ADA (Cardano)

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    Doge , safemoon , eth


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    Who's getting in on safemoon I'm going to buy some up here real soon before it gets to bigger exchanges.

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    Bought the BTC dip yesterday and wished I would have picked up LTC during the dip too but didn't. I'll be watching LTC daily.

    All posts are for entertainment and may contain fiction. Consult a medical doctor before using any medications or supplements. Heavyiron does not advocate any illegal activity.
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    Quote Originally Posted by SBLabsRep View Post
    What are my fellow investors buying in? I am sitting on Bitcoin and Ethereum and am buying and selling DOGE, SHIB and XRP regularly.
    Buying bit and Eth.


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    Just bought LTC

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    Elon just fucked BTC in the ass pretty hard. Lol it's tanking pretty good. Curious to see how the next couple days plays out

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    Crypto

    Quote Originally Posted by GarlicChicken View Post
    Elon just fucked BTC in the ass pretty hard. Lol it's tanking pretty good. Curious to see how the next couple days plays out
    I gotta be honest about this one, if you have large amounts of your savings invested in something that can be devalued over the course of a few minutes by something like what Elon just said... yikes.

    What Elon is doing with the crypto market is starting to seem borderline illegal.

    The entire market is based on pretty much nothing. If this isnít proof then I donít know what is.

    Having said that... this is probably a good time to buy that dip. Iíll bet he comes out with something positive about BTC tomorrow and it recovers.

    We shall see...


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    Last edited by CastorTroy01; 05-12-2021 at 04:10 PM.

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    Quote Originally Posted by heavyiron View Post
    Bought the BTC dip yesterday and wished I would have picked up LTC during the dip too but didn't. I'll be watching LTC daily.
    I bought LTC at 335 when it went down to 333 on the Binance. Gorgeous


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    Quote Originally Posted by GarlicChicken View Post
    Elon just fucked BTC in the ass pretty hard. Lol it's tanking pretty good. Curious to see how the next couple days plays out
    Yeah, this guy is getting annoying


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    Quote Originally Posted by CastorTroy01 View Post
    I gotta be honest about this one, if you have large amounts of your savings invested in something that can be devalued over the course of a few minutes by something like what Elon just said... yikes.

    What Elon is doing with the crypto market is starting to seem borderline illegal.

    The entire market is based on pretty much nothing. If this isnít proof then I donít know what is.

    Having said that... this is probably a good time to buy that dip. Iíll bet he comes out with something positive about BTC tomorrow and it recovers.

    We shall see...


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    I disagree that the market is based on nothing. And what Elon does is speculation for personal purposes at an exceptionally large scale. So he will keep doing it.


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    Quote Originally Posted by Drugsgear View Post
    I bought LTC at 335 when it went down to 333 on the Binance. Gorgeous
    I got it at about $345 and then again at about $304 today.

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    Crypto

    Quote Originally Posted by Drugsgear View Post
    I disagree that the market is based on nothing. And what Elon does is speculation for personal purposes at an exceptionally large scale. So he will keep doing it.
    Well to a certain extent the market has always been based on nothing as far as share prices are concerned. Dividends are pegged to financial performance but stock prices are just a matter of buy or sell pressure.

    Fundamentals used to drive which direction the pressure went but now weíre not even going off of that. Look at the massive swings in green energy and marijuana stocks over the last 6-8 months. They were based off of analysts opinions of upcoming policy changes that for the most part havenít materialized.

    WallStreetBets has added a whole new layer to that sort of behavior in that where fundamentals and policy change predictions used to drive share prices, memes and jokes drive share prices now.

    Thereís always been a gambling element to the market but this is more like just pumping quarters into a slot machine.

    I do agree about Elon though. Itís not illegal but definitely seems unethical. Sort of a shadier version of what Warren Buffett has always done...
    Last edited by CastorTroy01; 05-13-2021 at 05:11 PM.

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    Quote Originally Posted by Drugsgear View Post
    Yeah, this guy is getting annoying
    Did he really? He made a lot of you money. You just stayed in to long.

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