With one million cash, what would your current buys be?
With one million cash, what would your current buys be?
Originally Posted by VaughnP
COIN, PLTR, OXY, DKNG, SOFI
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Chaps' 2017-18 NFL $$ Thread
Is this your only asset? Do you own a home? Do you have other retirement funds. How old are you? Id think its obvious there is a lot more to be considered.
In this space its BTC and nothing else. Buy it and self custody.
If you have the Million in a retirement account with limitations that you can not own BTC direct - I personally have a mix of MSTR, GBTC, HUT & MARA.
Wow congrats on the ETF going live!
I bet your longs are doing absolutely great right now.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Buy the news, sell the rumor
Buy the news, sell the rumor
https://twitter.com/stoolpresidente/status/1745973942656086263
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
In response to Tine Im assuming you looked at the same chart I did. Way down low on the M5 chart there was something weird going on It doesnt show as well on the high time frames but its clear as day on the 5 Min) which does have me scratching my head. ok the ETF gets approved which apparently got leaked early and the SEC claimed it was false info there was a spike in BTC after the "false news" which only was confirmed on 1/11 as in fact TRUE.
Now starting around London open this morning shit got weird.. BTC kept slamming up against hard resistance/supply zone I wanna say around 46.5-47k after about the 3rd or 4th time it crashed 4k in value over the next several hours starting 1/2hr before London market week end and was around 43 last I looked (its the weekend and only morons trade crypto on the weekends except those using grid bot trading because shit generally ranges from NY close to Tokyo open on Sunday evening).
Im not sure what was the cause other then the air got let out of the balloon suddenly once the confirmation of the ETF went through and it couldnt push past the supply and the bears got their way trying to close out trades and profits for the week pushing it down below and even the supply zone that had set up over last few days just went out the window.
To explain what my screen shows youll see a hard red line near the top of the chart and then a second one develops eventually that top red line was the resistance BTCUSD kept smashing up against. I time marked the start of the crash and it was literally 1/2 prior to London close Kill zone (last 2 hrs of trading) (930AM Eastern or also about the time NY opened).
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In response to Tine Im assuming you looked at the same chart I did. Way down low on the M5 chart there was something weird going on It doesnt show as well on the high time frames but its clear as day on the 5 Min) which does have me scratching my head. ok the ETF gets approved which apparently got leaked early and the SEC claimed it was false info there was a spike in BTC after the "false news" which only was confirmed on 1/11 as in fact TRUE.
Now starting around London open this morning shit got weird.. BTC kept slamming up against hard resistance/supply zone I wanna say around 46.5-47k after about the 3rd or 4th time it crashed 4k in value over the next several hours starting 1/2hr before London market week end and was around 43 last I looked (its the weekend and only morons trade crypto on the weekends except those using grid bot trading because shit generally ranges from NY close to Tokyo open on Sunday evening).
Im not sure what was the cause other then the air got let out of the balloon suddenly once the confirmation of the ETF went through and it couldnt push past the supply and the bears got their way trying to close out trades and profits for the week pushing it down below and even the supply zone that had set up over last few days just went out the window.
To explain what my screen shows youll see a hard red line near the top of the chart and then a second one develops eventually that top red line was the resistance BTCUSD kept smashing up against. I time marked the start of the crash and it was literally 1/2 prior to London close Kill zone (last 2 hrs of trading) (930AM Eastern or also about the time NY opened).
this is the only chart i need:
btc dumping on a hacked ETF announcement the day before the real one was the only signal anyone needed here.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Bitcoin up 115% past year
Eth up 77%
Donk
Down
Bitcoin is breaking out. It is a strong buy. I think its going to have a day or two in the near future where its up 10-20k in a single day. Or more. If you have cash and buy btc you won't regret it.
Bitcoin is breaking out. It is a strong buy. I think its going to have a day or two in the near future where its up 10-20k in a single day. Or more. If you have cash and buy btc you won't regret it.
Diamondhands RIOT & MARA is coming back to ATH too. squeeze meBitcoin is breaking out. It is a strong buy. I think its going to have a day or two in the near future where its up 10-20k in a single day. Or more. If you have cash and buy btc you won't regret it.
Would anyone care to speculate as to where BTC and related stocks are headed? Does anyone have oversize bets out there relative to net worth? $50k was a big milestone. In the near term is a new ATH is almost a certainty?
I took all my money off Coinbase and bought the etf IBIT. I like having my crypto investments held in a bank.
12-15 months eh?
The PPI report didnt hurt BTC either. The Dow took a major shit as a result of it on Tuesday. SO much for Inflation being under control BiDUMBDiamondhands RIOT & MARA is coming back to ATH too. squeeze me
If I were to guess BTCs next big ceiling is at 100k but could hit 80k bounce back down before a retrace over the rest of this year.
If I were to guess BTCs next big ceiling is at 100k but could hit 80k bounce back down before a retrace over the rest of this year.
It was a special brew of conditions that got BTC to almost 70K last ATH. You cant fight the fed. You also need a supply shock.
The halving is coming (Less supply)
Fed is declaring victory on inflation and may ease rates a bit (Brrrrrrr)
On these two alone we may get a new ATH. I think the $220K folks are a bit out of their mind. I dont think the low/hi/low pendulum is going to swing as wide going forward. That said a new ATH of 100K would be incredable.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
this bullshit needs the candyman
RichardBrodiesCombover has aids
I’m not a BC investor, but I wish Druff would do a radio segment to educate us on the basics.
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