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Bitcoin up $30k in a month...
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Tom 123
Posted: 28 February 2025 15:15:12(UTC)
#1920

Joined: 13/09/2016(UTC)
Posts: 1,606

Thanks: 892 times
Was thanked: 3468 time(s) in 1105 post(s)
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Any sensible investor would keep an eye on both positive and negative headlines about an asset class.

Clearly blinkered in his thinking. its all one way positive news, most of which never makes it into reality.

Still waiting for the worldwide adoption of bitcoin which has been promised by NL's post these past 4 years.

What is the use case?
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1 user thanked Tom 123 for this post.
SF100 on 28/02/2025(UTC)
Neminem Laedit
Posted: 28 February 2025 22:00:41(UTC)
#1921

Joined: 17/09/2018(UTC)
Posts: 1,471
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Sure.

Bitcoin was "ON SALE" this week. I hope you either topped up or got in, but I doubt it...

All Bitcoin bull-runs have shown multiple -30% drawdowns on the way up. It's entirely normal.

See you at $200k.

(^_-)
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ben ski
Posted: 28 February 2025 22:12:53(UTC)
#1930

Joined: 15/01/2016(UTC)
Posts: 1,354
Ultimately – unless Bitcoin is the future of finance (which is perhaps unlikely, as it'd struggle to run more than few busy petrol stations with how slow it is) – the only ones who'll get out with a profit are those who sell on local highs, like the recent one.

If you're waiting for a $200k that never comes, you'll be holding all the way to the bottom.
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Neminem Laedit
Posted: 28 February 2025 22:18:13(UTC)
#1931

Joined: 17/09/2018(UTC)
Posts: 1,471
ben ski;336116 wrote:
Ultimately – unless Bitcoin is the future of finance (which is perhaps unlikely, as it'd struggle to run more than few busy petrol stations with how slow it is) – the only ones who'll get out with a profit are those who sell on local highs, like the recent one.

If you're waiting for a $200k that never comes, you'll be holding all the way to the bottom.


Do the math.

If BTC goes to $1m and then $10m, as I believe it will, where will you be ?

Attach whatever probability you think, and then compare with a zero allocation...

Maths/Investing 101.
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ben ski
Posted: 28 February 2025 23:00:56(UTC)
#1932

Joined: 15/01/2016(UTC)
Posts: 1,354
Neminem Laedit;336117 wrote:
ben ski;336116 wrote:
Ultimately – unless Bitcoin is the future of finance (which is perhaps unlikely, as it'd struggle to run more than few busy petrol stations with how slow it is) – the only ones who'll get out with a profit are those who sell on local highs, like the recent one.

If you're waiting for a $200k that never comes, you'll be holding all the way to the bottom.


Do the math.

If BTC goes to $1m and then $10m, as I believe it will, where will you be ?

Attach whatever probability you think, and then compare with a zero allocation...

Maths/Investing 101.



I hold Bitcoin, but I don't buy dips, because I never know whether it's coming back.

If you buy every 20% drop, then what happens when it keeps dropping 20%? Either you bail at some point, or it's fire you'll be burning money on forever.

You have to have a plan, and faith works if you're right. But faith is also why gamblers go bankrupt and jump off bridges. The odds I assign to Bitcoin being meaningfully higher than it is now, are about 1%.
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L.P. on 01/03/2025(UTC)
Neminem Laedit
Posted: 02 March 2025 17:52:37(UTC)
#1922

Joined: 17/09/2018(UTC)
Posts: 1,471
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Trump confirms Crypto Reserve...

https://www.mitrade.com/...ticle-3-670170-20250303

Bullish enough ?

I'm up like £70k in... 3 hours.
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MarkSp
Posted: 02 March 2025 18:25:45(UTC)
#1928

Joined: 02/02/2020(UTC)
Posts: 2,176

Thanks: 282 times
Was thanked: 5797 time(s) in 1715 post(s)
Neminem Laedit;336262 wrote:
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Trump confirms Crypto Reserve...

https://www.mitrade.com/...ticle-3-670170-20250303

Bullish enough ?

I'm up like £70k in... 3 hours.


Trump also told us

that two planes collided because of DEI
Since he has been in office over 100% of migrants have been stopped at the border
and that he won 80% of the votes in the 2025 election. The biggest landslide in US history

"We're gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead," Trump told CNBC.

I think only Americans should be allowed to buy it, are there enough fools in America to keep the price rising? maybe if people needingpolitical favours buy it and announce they have done so.
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SF100 on 02/03/2025(UTC), ANDREW FOSTER on 02/03/2025(UTC)
SF100
Posted: 02 March 2025 19:11:55(UTC)
#1927

Joined: 08/02/2020(UTC)
Posts: 2,254
Neminem Laedit;336262 wrote:
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Trump confirms Crypto Reserve...

https://www.mitrade.com/...ticle-3-670170-20250303

Bullish enough ?

I'm up like £70k in... 3 hours.


Sounds like re-centralisation to me
Can see why you'd be chuffed...

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ANDREW FOSTER
Posted: 02 March 2025 21:44:21(UTC)
#1926

Joined: 23/07/2019(UTC)
Posts: 8,101
Neminem Laedit;336262 wrote:
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Trump confirms Crypto Reserve...

https://www.mitrade.com/...ticle-3-670170-20250303

Bullish enough ?

I'm up like £70k in... 3 hours.


Wonder how many $TRUMP coins will be bought for the reserve... LOL

But imagine setting up a reserve for a currency using an asset priced in that currency....

So they will be giving Chinese miners real dollars in exchange for magic beans. What could possibly go wrong? What kind of circular leveraged maddness is that?
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Tom 123
Posted: 03 March 2025 18:32:23(UTC)
#1925

Joined: 13/09/2016(UTC)
Posts: 1,606

Thanks: 892 times
Was thanked: 3468 time(s) in 1105 post(s)
Neminem Laedit;336262 wrote:
SF100;336079 wrote:
being a bit selfish keeping all those bullish headlines to yourself this last week NL; nothing worth sharing anymore?


Trump confirms Crypto Reserve...

https://www.mitrade.com/...ticle-3-670170-20250303

Bullish enough ?

I'm up like £70k in... 3 hours.


One day bull market ;-)
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