Why is BTC not recovering now ?

[N1ckG2]

Recover from what?

There is no value only resources melt down to mine it.

 

[jeffquezon]

Just preparing for the next launch.

 

[Ashway]

So much fud going since past week. Not a single day where no fud is thrown at us.

If btc goes in early 20s am gonna buy the fuck out of all major alt coins and stock up on some btc.

 

[cryptode]

Just preparing for the next launch.

+1

 

[iNeedanswers]

That's true, but surely bitcoin being vulnerable to influence is scary. I get in the long run it will be less volatile, but what happens in the interim?

Let's say I use bitcoin as my main funds/savings, and Elon comes along with his big mouth. Boom, 50% cut to my savings. Therefor it's not a viable way to store funds for now, at least without a lot of risk. And using it in a transaction sense, doesn't make sense yet, the fees are too expensive.

What about using the USD coin as a savings account and then buying some other crypto when that dip and selling it back to USD when they have climbed? But having you main $$ in the USD stable coin. What am I missing? Would that be a good idea? Is the USD coin safe? No it isn't right. It's just another crypto that can crash any day....

 

[Dark Sky]

What about using the USD coin as a savings account and then buying some other crypto when that dip and selling it back to USD when they have climbed? But having you main $$ in the USD stable coin. What am I missing? Would that be a good idea? Is the USD coin safe? No it isn't right. It's just another crypto that can crash any day....

Isn't USDT shown to be a giant ponzi scheme ? Where the company hasn't actually been backing peoples USDT with dollars?

 

[iNeedanswers]

Isn't USDT shown to be a giant ponzi scheme ? Where the company hasn't actually been backing peoples USDT with dollars?

unfortunately yeah

 

[wanderer100]

BTC Monthly chart doesn't look good for bulls. Wouldn't surprise me if BTC goes under 20k in the upcoming months

 

[iNeedanswers]

BTC Monthly chart doesn't look good for bulls. Wouldn't surprise me if BTC goes under 20k in the upcoming months

well months,... what's gonna happen with it in the next years is what I really want to know


I m legit gambling for long term, with something that appeared just recently and may just as well disappear again, like so many things on the internet constantly do. The internet changes so lightning fast, what's important one day is a joke the next, things come and go and yet, here I am thinking well this sounds like a solid long term investment strategy.

Ridiculous. I mean I try to do stocks as well, but the truth is, the best investment is always real estate however it takes MONEY to be able to invest in that, cant just throw two hundred bucks at a house on some random Tuesday, but with crypto I can legit put $20 into it. It's so accessible like barely anything else is. A 9 year old can invest in bitcoin but for all other things u need to be of age.

As soon as another big company works with crypto, like PayPal recently, it ll go high again. And the day amazon finally accepts it as payment is the day it'll hit 100k. Fuck the governments. People care about amazon lol

So the future of bitcoin lies with Jeff Bezos.

 

[zapionyu]

Give it some time to recover. I can see some improvements already

 

[iNeedanswers]

BTC Monthly chart doesn't look good for bulls. Wouldn't surprise me if BTC goes under 20k in the upcoming months

so invest now bc it may go up or wait .... ugh

 

[Ashway]

so invest now bc it may go up or wait .... ugh

Last 3 days we have been reciving positive news about crypto even elon seemed to change his tune. I think 30k was the bottom.
You can try DCA into your positions just so you not fomo in at higher price later. Maybe 10 or 20 percent of your budget.

 

[onlinemarketer12]

Give it some time to recover. I can see some improvements already

It is getting good now.

 

[zapionyu]

It is getting good now.

Yes, it is.

I hope it hits 43k before the end of this week

 

[Crewchief007]

Hmmmmmmm...

Anyone remember the Hunt brothers and how they manipulated control of the silver market?

Using market savvy, the media and insiders, the Hunt brothers pushed the price of silver from a sustainable $11 per ounce to a staggering $48.70 an ounce before their greed caused them to miss a margin call and they lost it all. In one fail swope the market crashed below $11.00 per ounce.

With BTC, history is repeating itself.

Consequently, you need to get ready to buy!

Duly note, Elon is making a killing manipulating a market that has no Federal Regulation.

 

[Ashway]

Mark my words. If BTC manages to hold 35k for even 10 days we might see a good rally upto 45-50k. Later If it manages to hold 40-45 k for 5 days we will see new ATH v soon after.

 

[Get The Tech]

It Will go up once again after Few Months
don't to worry about the crypto

 

[splishsplash]

Recover from what?

There is no value only resources melt down to mine it.

And what's the value in the USD?

It's a piece of paper that the federal reserve can print as much of as it wants.

Bitcoin is a digital cryptocurrency that has a limited supply of 21 million coins and can be easily transferred from one person to another.

 

[onlinemarketer12]

It Will go up once again after Few Months
don't to worry about the crypto

Months is quite long for crypto.

 

[N1ckG2]

And what's the value in the USD?

It's a piece of paper that the federal reserve can print as much of as it wants.

Bitcoin is a digital cryptocurrency that has a limited supply of 21 million coins and can be easily transferred from one person to another.

Both don't have value. I use btc to turn 1x $ into 10 x $ or more and buy real assets.

Easy you say? Ask your grandma to send you btc.