BITCOIN

adindas

Cryptos Crashing / Market Correcting - The Contrarian will do the opposite. Buy during the dip during market correction / crash not selling, sell it when they are overbought.

Well known Quote coming from Contrarian Strategists:
Baron Rothschild : "Buy when there's blood in the streets, even if the blood is your own."

John D. Rockefeller: “The way to make money is to buy when blood is running in the streets”

Warren Buffett :
"Be fearful when others are greedy, and greedy when others are fearful."
"You pay a very high price in the stock market for a cheery consensus." In other words, if everyone agrees with your investment decision, then it's probably not a good one.

Peter Lynch : "Oh, I love volatility"
“Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.”

mooneysaver

Nobody ever truly made it following someone else.

Making large amounts of money is insanely hard. The people who did well on Bitcoin fell into 3 camps

1. Forgot they had it in their wallet
2. Already had large amounts of money so could afford to watch it bounce around
3. Were true believers

The 3rd category is very small and will test even the most hardened investors. I see Safemoon as hugely risky. Some of the stuff that has gone on is mind-blowing and the fact it is still here and has a strong community is its greatest strength

I have no idea how this will end. But I am certain I am not in both the top two categories here. If you want to make it, you have to take a risk. Joining the masses on Eth, BTC is not going to get you there. They have had their day and the believers are now buying their houses and building their funds

There are plenty of other projects and long shots out there but mine is Safemoon. I will wear it like a badge and see this through to the end

Scottex99

Haha wear it like a badge and see it through to 0 more like.

Of the thousands and thousands of tokens and projects out there, how did you end up at Safemoon?!

Ps joining the “masses” buying BTC and ETH is gonna get you further than most traditional investing, imo

Hexane

Scottex99 said:

thegentleway said:

So based on your “fundamentals” what’s the current price/value of Bitcoin? 

It's 40,909 right this second.

It's going over 100k, ETH is going over 10k too btw

All just a question of time. New ATH incoming!

Aegis

Hexane said:

Scottex99 said:

thegentleway said:

So based on your “fundamentals” what’s the current price/value of Bitcoin? 

It's 40,909 right this second.

It's going over 100k, ETH is going over 10k too btw

All just a question of time. New ATH incoming!

Same with everything, right up to the point where it isn't.  Long-standing adage for chartists is "the trend is your friend (until it ends)".  Care needed!

Scottex99

He's being sarcastic haha.

Don't worry mate, I'll come and quote you when we get there

Adyinvestment

Banks starting to wise up?



Just under 7 years ago
https://www.ccn.com/sparkasse-bank-blocks-bitcoin-related-bank-transfers/



Today
https://bitcoinmagazine.com/business/german-savings-bank-to-offer-bitcoin-trading

Zola.

Bitcoin custodial services offered by banks make sense, more so for technophobes who want exposure, and for banks who want to charge rip-off management fees. 

Either way, if enough people buy and hold long term, the price will skyrocket. 

Malthusian

Scottex99 said:
Of the thousands and thousands of tokens and projects out there, how did you end up at Safemoon?!

The same way people ended up at OneCoin, MMM Global, MAKE.MONEY.FAST and all the rest of them before?
Turns out if you tell people they'll get rich quick if they hand over their money, a lot of them will do it. Who knew.

Zola.

Even the name just sounds utterly ridiculous, Safe Moon. You'd have to be a special kinda moon cat to buy that absolute scam coin.

All of these sh*tcoins are destined to go to zero. 

Bitcoin is the only one that will win the crypto war, as it is the only actually decentralised coin, proof of work ensures the security, the decentralisation and the verifiction. 

Everything else is a centralised sh*tcoin ran off some AWS server, by a dictator who has pre-mined millions of tokens for themselves, and who can change the policy on a whim.