Ive seen alot of Andrei's videos and he definitely knows his stuff. Pretty interesting hearing what he has to say.
I inherited 10k just over a year ago and everyone told me to put it in a CD. A year later it accumulated $176 in interest. Dumbest thing ive ever done lol.I've had $10,000 sitting in a savings account for more than 3 years now. I kept it around in case I needed it. It's accumulated a whopping $26 in interest during that time. I could have bought 3 Bitcoins with that $10,000 when Bitcoin hit rock bottom in 2018 and that would have been close to $120,000 now. Or I could have bought stock with it. I did put money in crypto the past few years and doing ok now but still wish I had taken that $10,000 into BTC. It's still sitting in the savings account doing nothing.
By doing nothing I lost out on $110,000.
Yes. I should have bought Tesla or Amazon stock. Thing is you just don't know which way things will go and it is easy in hindsight to look back and think damn I could have made a lot of money with that 10k. Yeah or you could have lost half of it.I inherited 10k just over a year ago and everyone told me to put it in a CD. A year later it accumulated $176 in interest. Dumbest thing ive ever done lol.
Exactly, just another vicious cycle of Bitcoin. Now we wait to see if its a crash or a hiccup and guess accordingly. This is actually a good thing, it was due. I'm still allotting $25.00 a week and won't move it. But holding my vaulted majority till I think it's time to unvault.anyone looking for an entry...this might be it.
I'm buying small amounts here....and will keep buying if it continues to go down....which it very well could end up in the low 20k area...but I could also see it being bought up quick once it goes below $30k.
I averaged up at BTC 31.5K ETH 940. 26% & 31% drawdowns in a insanely strong bull market are dips to be bought.
not enough blood in the streets yet for me to reinvest what I cashed out. I wait till i see all the articles about Crypto going to be worth nothing and then throw my play money at it lol.
I finally threw a few bucks at it Friday and it bombs, maybe I should do it out guys a solid and throw a few more bucks at it lmao
hype should translate to yearly valuation. It's simple, buy at the 52 week low. Why on God's Green Earth, would you buy crypto, at the HIGHEST possible peak?? THAT's when you lose your ass. I like to use filters on finviz. Search for large cap companies worth a large chunk. And buy them when they have "taken a hit".I refuse to buy any stock or investment when it is hyped. Typically you can value a company or asset but not crypto so I just play with or against hype.
There are a few cryptos ready to take off. Eth cardona ada and xrp are projected to grow big time. Right now could be their low (unless you bought ethereum sub 1k). Depends which article/ forecast you go buy, but we'll over 2xhype should translate to yearly valuation. It's simple, buy at the 52 week low. Why on God's Green Earth, would you buy crypto, at the HIGHEST possible peak?? THAT's when you lose your ass. I like to use filters on finviz. Search for large cap companies worth a large chunk. And buy them when they have "taken a hit".