Dogecoin etc

[Sundayjumper]

29th April:

For five months now, El Salvador President Nayib Bukele has been trying to hawk a Bitcoin-backed bond to international investors. This, he’s insisted, is a better option than turning to multilateral lenders in Washington for more conventional financing.

It’s not working. Bukele, a devout believer in crypto currencies, has yet to receive a single penny of the $1 billion he’s seeking,

https://www.bloomberg.com/news/articles ... l-salvador


9th May:

El Salvador’s government bought 500 Bitcoins on Monday, in its largest purchase to date of the cryptocurrency.

https://www.bloomberg.com/news/articles ... to-holding



Fair play for sticking to the plan and doubling down right in the face of all those stupid naysayers

[Simon]

No mention of buying some NFT's though, so it looks like his heart's not in it.

[Broccers]

This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually

[Broccers]

Must be time to buy more in the next hours / days?

[Gavster]

You'd think so - although I've not done any research into how bearish this bear market could be, i.e. will it go lower

[Mito Man]

Simple thought process but seeing as Bitcoin is now so deeply correlated with the US economy do you they’re past the worst of the inflationary economic doom and gloom or is this just the first painful year of many more to come?

[Sundayjumper]

This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually

That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back

[Broccers]

This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually

That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back

Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof

[Broccers]

May be wrong but I reckon thats pretty much it for eth anyway - was 1390ish 8am now at 920am 1550. Quite a bounce and good if you caught the knife

And yes willing to be quoted in a few months

[ZedLeg]

This really is how tulips works tho - bulbs will always rise over time. He will be proved right eventually

[Gavster]

It's definitely a buy zone however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.

[Broccers]

It's definitely a buy zone however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.

re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it

[dinny_g]

This really is how tulips works tho - bulbs will always rise over time. He will be proved right eventually

[Sundayjumper]

This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually

That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back

Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof

LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.

[Gavster]

It's definitely a buy zone however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.

re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it

I reckon it's more likely that a ton of positions have been wiped out and left a lot of people scared to reinvest. If it's a crypto winter then we're not going to see any more big moves to the upside this year. It's a good reminder to DCA over a longer period AND take profits. It's only this year that I conceded and started setting sell positions based on taking 20% every time a coin goes up 50%. That creates the cash to buy when this kind of shit happens

[Broccers]

It's definitely a buy zone however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.

re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it

I reckon it's more likely that a ton of positions have been wiped out and left a lot of people scared to reinvest. If it's a crypto winter then we're not going to see any more big moves to the upside this year. It's a good reminder to DCA over a longer period AND take profits. It's only this year that I conceded and started setting sell positions based on taking 20% every time a coin goes up 50%. That creates the cash to buy when this kind of shit happens

Good plan!

Your 13800 would be 15800 if youd bought 10 ETH this morning to now - not so good if you had bought 10 at 3700 each tho lol

[Broccers]

That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back

Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof

LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.

I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead

[Sundayjumper]

Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof

LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.

I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead

I'm agreeing with you ?

I'm thinking about putting £50k each on Eth & Bitcoin, see what happens. This crash is a perfect time to buy.

[V8Granite]

I keep wondering what would have happened if I’d invested in scratch cards instead

Dave!

[Broccers]

LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.

I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead

I'm agreeing with you ?

I'm thinking about putting £50k each on Eth & Bitcoin, see what happens. This crash is a perfect time to buy.

Double your money within 5years