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Ren's old crypto thread || we know how to buy this stuff now (2 Viewers)

There's a lot of Rolex talk in here because people are making fun of you being a huge tool. HTH
You know the best part? I don’t give a flying ####...  But when I’m home all day, it’s 12 degrees, I’ve read 74 Dr Suess books and built out 17 combos of Hotwheels tracks, I find the banter highly entertaining. Call me a tool all you want, life is good, today was actually great, TBH - HTH right back at you, chief.

 
For the record, I’m waiting. People are going to #### when they awaken. They knew it was bad last night and now, it’s real bad. Probably a bit more panic to get through.

 
hagmania said:
Still room aboard the Payfair PFR shuttle. Developing a decentralized escrow platform, Payfair is aiming to be one of the best ways to cash out of crypto.
*pats cushions*

plennnnnnnnnnty of space

 
Seems like I may only get one of my chunks in.  Seems like the impact of the South Korean statement is fading. Will watch the situation.  

 
Hmmm, looks like things are headed back down.  May test some lower levels.    

 
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My CC was denied for Uphold.

Any suggestions on how to fund aside from linking bank account?

Any certain debit cards that work?
Did you end up getting a good answer here? I've tried two different cards this morning and my banks declined both of them.

 
Total dollar amount on the movement of a Bitcoin futures contract today is worth $12,000 (as of this post). Volume has been larger than usual and almost 9k contracts have moved according to Interactive Brokers data I'm looking at. 

Someone is getting paid.

 
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One of the theories floating around Reddit today is that this is a standard January dip. It's happened to some degree every year for the last 4. 20-35% losses that take about 1-2 months to recover from.

On top of that theory is that it's the Chinese New Year in about 3 weeks and some people think that many investors pull money to buy presents during this time.

I have no idea if any of it's true or matters. But I did make a note in my calendar to sell my portfolio January 1st, 2019 and buy back in later. ;)

 
So easy for 'smart money' to accomplish too - they've stepped in, bought it up a few times in the last few weeks (some spikes were prob their responsibility), built their short position in futures with 5x leverage, and unloaded their coins slamming the price. Lose 1x on coins, make 5x on futures, simple math. 

I've spoken my 2 cents on crypto, and regardless of your feelings about current prices or where it goes from here, tough for anyone to argue against the need for regulation :shrug:

 
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One of the theories floating around Reddit today is that this is a standard January dip. It's happened to some degree every year for the last 4. 20-35% losses that take about 1-2 months to recover from.

On top of that theory is that it's the Chinese New Year in about 3 weeks and some people think that many investors pull money to buy presents during this time.

I have no idea if any of it's true or matters. But I did make a note in my calendar to sell my portfolio January 1st, 2019 and buy back in later. ;)
A lot of those people are 100% invested in BTC and other altcoins; when you're looking at a portfolio that has shed 20%-30% in a day, you'll grasp at anything looking for reasoning. 

Truth is, nobody knows. My guess is above and some fund made buckets today.

 
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A lot of those people are 100% invested in BTC and other altcoins; when you're looking at a portfolio that has shed 20%-30% in a day, you'll grasp at anything looking for reasoning. 

Truth is, nobody knows. My guess is above and some fund made buckets today.
"I've spoken my 2 cents on crypto"

:rolleyes:  

 
I've spoken a logical viewpoint for the price action - you're clearly a seasoned investor ( :lmao:  ), what is yours on the price movement today?
I'm not a seasoned investor.  I'm a digital marketer and technical project manager.  I took $1,000 of available money that I was willing to risk.  I put it in 5 different coins and I'm going to let it ride for a year or two. I'm not day trading, I'm not chasing pumps and dumps.  I'm taking a very small calculated risk that I'm willing to live with.

Why are you so obsessed?   

 
I'm not a seasoned investor.  I'm a digital marketer and technical project manager.  I took $1,000 of available money that I was willing to risk.  I put it in 5 different coins and I'm going to let it ride for a year or two. I'm not day trading, I'm not chasing pumps and dumps.  I'm taking a very small calculated risk that I'm willing to live with.

Why are you so obsessed?   
Did you take issue with my post? It was a logical (one of many, although not here) viewpoint to the price action... Prob one of the most logical you'll find anywhere today. But I guess logic is irrelevant here, instead of ignoring or acknowledging, you chose to insult me, which is perfectly okay :thumbup:

 For the bold, I read a book not to long ago that I highlighted in another crypto thread, it originated almost 175 years ago and a lot of it holds true today... It deals with the madness of a mob mentality, which is how I view a lot of this crypto insanity and I find it fascinating, from a psychology standpoint... If you must know. 

 
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Did you take issue with my post? It was a logical (one of many) viewpoint to the price action... Prob one of the most logical you'll find anywhere today. But I guess logic is irrelevant here, instead of ignoring or acknowledging, you chose to insult me, which is perfectly okay :thumbup:

 For the bold, I read a book not to long ago that I highlighted in another crypto thread, it originated almost 175 years ago and a lot of it holds true today... It deals with the madness of a mob mentality, which is how I view a lot of this crypto insanity and I find it fascinating, from a psychology standpoint... If you must know. 
I insulted you?   

 

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