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Crypto currency (IF banned from CA)

is 2 years really investing?
just my opinion like but sounds more like short term trading,
just having a punt on the price going up or down and trying to time the market.
fair play if you can time a pump and dump and get your cash out,but with btc id be looking at a bare minimum of 4 years,ideally 15 to 20!
It is investing, especially since it's only been out for 2.5 years and my average stake length is 11 years

Short-term trading is like a few days to a few weeks.
 
Oh look Crypto.Com caught bait and switching on their Card reward program and the price of their CRO coin has tanked.


This will be a good look to the average Joe thinking of getting on board. Crypto.com was doing a good job of getting their brand out there and trying to attract new investors. Now it appears to be yet another cautionary tale.
 
Oh look Crypto.Com caught bait and switching on their Card reward program and the price of their CRO coin has tanked.


This will be a good look to the average Joe thinking of getting on board. Crypto.com was doing a good job of getting their brand out there and trying to attract new investors. Now it appears to be yet another cautionary tale.
 

Sorry, make that 25%

HODL gents
its boss reading through these old posts from 2020 when you were laughing at bitcoin crashing to 5,000

keep going ??
 
its boss reading through these old posts from 2020 when you were laughing at bitcoin crashing to 5,000

keep going ??

Will keep going til it hits 0 mate.

Anything to prevent someone becoming your bag holder.

Weird how your bitcoin keeps falling and following traditional markets. Very decentral, very cool.
 
Will keep going til it hits 0 mate.

Anything to prevent someone becoming your bag holder.

Weird how your bitcoin keeps falling and following traditional markets. Very decentral, very cool.
you sound like a tory banker protecting the consumers.
keep up the good work ?
 
Will keep going til it hits 0 mate.

Anything to prevent someone becoming your bag holder.

Weird how your bitcoin keeps falling and following traditional markets. Very decentral, very cool.
I agree with most of your criticisms of BTC, though I don't believe it will go to zero, it will continue to crash for a good while yet (I near enough called the top about a year ago in this thread)

1 year correlation matrix below, although BTC is positively correlated with traditional markets, not as much as I (and possibly yourself) would have thought.

Meanwhile, HEX, just does it's own thing, essentially decorrelated from all markets.

1652108314503.png
 

I agree with most of your criticisms of BTC, though I don't believe it will go to zero, it will continue to crash for a good while yet.

1 year correlation matrix below, although BTC is positively correlated with traditional markets, not as much as I (and possibly yourself) would have thought.

Meanwhile, HEX, just does it's own thing, essentially decorrelated from all markets.

View attachment 164903
It won't go to 0.

There is a large supply of fools that will hold on.

The whole value is based on an ever increasing demand but we are nearly getting to the point now where everyone is aware of bitcoin and those who are interested have bought in. Once that point is reached where do the value gains/increased demand come from?
 
It won't go to 0.

There is a large supply of fools that will hold on.

The whole value is based on an ever increasing demand but we are nearly getting to the point now where everyone is aware of bitcoin and those who are interested have bought in. Once that point is reached where do the value gains/increased demand come from?
I'd largely agree, I mean when the richest man in the world buys, who else is left to buy. BTC is at the top of the adoption S-Curve, It will crash hard (75-85%) just like previous cycles, people will get washed out and then it will probably pump again but long gone are the big runs it used to do.

The last run up it had from 3k - 69k is only around a 23x which isn't a big deal in crypto, I would expect the next cycle to be more like 10x from the bottom, which would see a top of about 100k.

Crypto is just software, and BTC is old, slow software.
 

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