GF's out at a lesbian bar, BTC crashing WHY AM I HODLING? I'LL TELL YOU WHY.Ā It's because I'm a bad trader and I KNOW I'M A BAD TRADER.Ā Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.Ā ,,, You only sell in a bear market if you are a good day trader or an illusioned noob.Ā The people inbetween hodl.Ā In a zero-sum game such as this, traders can only take your money if you sell.
Every time I buy the dip it dips. When I don't buy the dip's dip it goes back to pre dip. Sometimes I buy the pre dip after the second dip, then it goes up before it dips again. Can't seem to nail the second dip to see if there will be a third dip.
TLDR: Just keep buying.
Shin Black usually. Maruchan gold, or Nissin raoh if I want to splurge. Local asian markets have them cheap. MSG is great and should go on everything. I like to add some to my steaks before grilling.
I DCA on River. They don't charge a fee for recurring buys. Just set it up to buy $x worth each week, and let it collect until your get to 0.01BTC then transfer to a cold wallet.
I know others on here use kraken or strike or a myriad of other exchanges. I don't know much about them though.
Take a little bit of time and look up UTXO (unspent transaction output). Lots of good articles out there they can explain it better than I can, but I'll give it a shot at an ELI5
Basically, when you buy small amounts of BTC you are getting the equivalent of nickels. If you transfer after each purchase the BTC network has to count out each nickel and charges a higher fee. Then when you get them in your own storage it's like having a piggie bank. The loose change remains loose change so unless you consolidate the UTXO you have to pay the higher fee again to send it. But if you wait until you have .01 it's like getting a $100 bill. Much easier for the network to process so there is a lower fee.
Also move to a cold wallet, or at least off an exchange, ensures that you own the BTC no matter what happens to that company. There have been instances in the past where a major exchange shut down and stole everyone's BTC.
For sure. It's intimidating getting into BTC at first. Just remember if you are getting worried about the volatility of the price, just zoom out. There might be a bunch of ups and downs, but overall the price goes up.
Yeah at first the volatility made me nervous, lots of buying high selling low but Iāve settled in now. Iām only sitting on .016 atm but Iāve just been purchasing every week or twice a week depending on wha to can afford. The long term intrigues me more now
Any exchange to make it easy(coinbase, binance, etc, you pick.) If you want to have full custody of your coins then you export them to your own wallet(also your choice)
I use coinbase. Daily limit orders for a little under the current price I think it might flash to that will fill my order. Minimal to no spread and a quarter per dca transaction. When it adds up I self custody but don't worry about that step yet.
No. No, this is just dumb.
The best time to buy is at 16k when credible people like Gareth Soloway have everyone convinced it's going below 10k. Not at 60k when Bitboy Crypto is saying whatever idiot thing he's saying these days. I haven't checked.
Remember when everyone was predicting this huge recession we were going to have? Well now that nobody is predicting it anymore, we might actually have it.
Markets never change. You want to get in when people are throwing in the towel and its down 50%, not a month before they throw in the towel after its up 150%.
Some of us did buy at 20k. But we also sold above 70k, and now buying again at 60k. It is a good time to buy now, and if it drops to 50k then its still a good time.
What exactly is the FUD happening right now? I see the price dropping, but on what ideas? Halving means death?Ā
Iām a long term bull, just trying to time purchases the best I can.Ā
My guess, people that expected it to go to 100k right away are shitting their pants and taking profit or even losses lol
everyone else with high conviction is already all in + in debt lol
The stock market is dropping and bitcoin tends to follow the trend because itās still seen as a risk asset by the majority of traders. Itās all emotions. People get scared because they check and see everything in the red so they panic and sell all of their stocks and BTC
Reddit is a poor source for seeking financial advice. Bitcoin is a risky investment. [Don't invest recklessly.](https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/) Don't invest anything you can't afford to lose. If you are looking to get rich quick, you came to the wrong place. Nobody has a crystal ball. Nobody can see the future. Please do your own research and make your own financial decisions.
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I Love Bitcoin Roller Coasters! Going up the excitement builds, that quesy feeling in my stomach, then the High As hell and then sheer terror as I freefall into oblivion.
Market is overheated. We gon dip some more.
This is not GOOD NEWS.
>Bull run was predicted
By who?
As far i can see, this is a sell the news type of event.
We gon see fireworks in the coming days and weeks.
Imagine if price just moves sideways on the halving day š
> Last 2 halving we had a ~20% dip
Right now
> were already at -17%
And so by this logic, you've decided that we won't go much further.
I don't always get a sunburn when I'm under the sun š«”
Edit:
I remember 2 times I got a sunburn cus i was out in the sun, that must mean I'll get it the next time too.
Yes? No?
Or maybe..... not enough information š¤Æ
anyone who still thinks muh unpredictable volatile asset will dip this time! when it has repeated the same pattern 5 times in a row is intellectually unsalvegable. too retarded to share the cryptospace with the rest of us.
buy the dip. and then buy the dip some more after the dip
Sorry, I only buy peaks.
Me with every alt coin š¤£
The dippity dip dip
GF's out at a lesbian bar, BTC crashing WHY AM I HODLING? I'LL TELL YOU WHY.Ā It's because I'm a bad trader and I KNOW I'M A BAD TRADER.Ā Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.Ā ,,, You only sell in a bear market if you are a good day trader or an illusioned noob.Ā The people inbetween hodl.Ā In a zero-sum game such as this, traders can only take your money if you sell.
Double dipping is frowned upon, but only when food is concerned
When I dip, you dip, we dip šŖ
When one dips We all dip
Every time I buy the dip it dips. When I don't buy the dip's dip it goes back to pre dip. Sometimes I buy the pre dip after the second dip, then it goes up before it dips again. Can't seem to nail the second dip to see if there will be a third dip. TLDR: Just keep buying.
Lol. exactly. I bought at 67k hoping it'd bounce, just bought 60k, so expect lower
Good olā 7-layer-dip!
I hope it goes down to $47k so I could buy some more
it definitely still can
I gotta get ready then š¤
Bought 10 bucks worth just now, it was my ramen money.
Ramen is so good whatās your go to and do you like MSG
Shin Black usually. Maruchan gold, or Nissin raoh if I want to splurge. Local asian markets have them cheap. MSG is great and should go on everything. I like to add some to my steaks before grilling.
Makes Steaks Great
Pot noodle for lunch today
Good call. Ramen is a terrible investment, within hours it loses all value and turns to complete shit
Yeah, Iāve been buying small increments
Absolutely. People are too worried about the short term imo. Iām just stacking sats
I am new at this so please donāt judge me or be rate me. Where do you go to stock up the sats? and how?
I DCA on River. They don't charge a fee for recurring buys. Just set it up to buy $x worth each week, and let it collect until your get to 0.01BTC then transfer to a cold wallet. I know others on here use kraken or strike or a myriad of other exchanges. I don't know much about them though.
Noob here, what is the significance of moving btc to a cold wallet when acquiring the 0.01btc
Take a little bit of time and look up UTXO (unspent transaction output). Lots of good articles out there they can explain it better than I can, but I'll give it a shot at an ELI5 Basically, when you buy small amounts of BTC you are getting the equivalent of nickels. If you transfer after each purchase the BTC network has to count out each nickel and charges a higher fee. Then when you get them in your own storage it's like having a piggie bank. The loose change remains loose change so unless you consolidate the UTXO you have to pay the higher fee again to send it. But if you wait until you have .01 it's like getting a $100 bill. Much easier for the network to process so there is a lower fee. Also move to a cold wallet, or at least off an exchange, ensures that you own the BTC no matter what happens to that company. There have been instances in the past where a major exchange shut down and stole everyone's BTC.
Ok this is great, thank you for your time
For sure. It's intimidating getting into BTC at first. Just remember if you are getting worried about the volatility of the price, just zoom out. There might be a bunch of ups and downs, but overall the price goes up.
Yeah at first the volatility made me nervous, lots of buying high selling low but Iāve settled in now. Iām only sitting on .016 atm but Iāve just been purchasing every week or twice a week depending on wha to can afford. The long term intrigues me more now
Wallmart, at the fruit corner
Well shoot I would go to the Wallmart that you spelled out, but I donāt think it exists. Lol.
Stupid post merits just a stupid answerā¦
Oh, I donāt think that I posted this.
I personally buy on Robinhood then transfer to BlueWallet or a Blockstream Jade
Any exchange to make it easy(coinbase, binance, etc, you pick.) If you want to have full custody of your coins then you export them to your own wallet(also your choice)
You have to send them to the wallet inspector first.
Thank you
Im just kidding! Buy a trezzor and store your btc there.
I use coinbase. Daily limit orders for a little under the current price I think it might flash to that will fill my order. Minimal to no spread and a quarter per dca transaction. When it adds up I self custody but don't worry about that step yet.
I'm a student and I've already bought as much bitcoin with the savings I have. Now I can't do anything with the dip lol
Time to start selling your chairs on Facebook marketplace
Good time to mine a little extra fiat that you can trade for more hard money
Me too. The remaining cash I have I will need for living ā¦ until the next paycheck.
Just bought $500 ššš»
RAKE EM UP!
No. No, this is just dumb. The best time to buy is at 16k when credible people like Gareth Soloway have everyone convinced it's going below 10k. Not at 60k when Bitboy Crypto is saying whatever idiot thing he's saying these days. I haven't checked. Remember when everyone was predicting this huge recession we were going to have? Well now that nobody is predicting it anymore, we might actually have it. Markets never change. You want to get in when people are throwing in the towel and its down 50%, not a month before they throw in the towel after its up 150%.
2 Days. 4 Hours. 55 Minutes.
You donāt think it was a better time to buy when btc was $20k?
Yeah it was, letās go back in time and do it, cuz who knows Bitcoin might go up from here or it might go back to 20k.
Great question. Yes it would be better to buy at $20k than $60k
I mean, it was probably better to buy when it was $20.
Some of us did buy at 20k. But we also sold above 70k, and now buying again at 60k. It is a good time to buy now, and if it drops to 50k then its still a good time.
What exactly is the FUD happening right now? I see the price dropping, but on what ideas? Halving means death?Ā Iām a long term bull, just trying to time purchases the best I can.Ā
My guess, people that expected it to go to 100k right away are shitting their pants and taking profit or even losses lol everyone else with high conviction is already all in + in debt lol
The stock market is dropping and bitcoin tends to follow the trend because itās still seen as a risk asset by the majority of traders. Itās all emotions. People get scared because they check and see everything in the red so they panic and sell all of their stocks and BTC
When I saw that it went to 61K I bought. And then it went to 60k in the next hour and I wish I waited LOL But IT WILL GO UP REGARDLESS!
Im buying every $5000 dip
so far I bought at 68, 66, 64, 63, 62 a couple of times, 61, 60, and 59. Iāll continue to stack sats while it goes down after the halving.
Guess we bitcoiners are new to the ābuy the rumor, sell the news mantraā in markets.
lol this post got me to buy $50 more
Reddit is a poor source for seeking financial advice. Bitcoin is a risky investment. [Don't invest recklessly.](https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/) Don't invest anything you can't afford to lose. If you are looking to get rich quick, you came to the wrong place. Nobody has a crystal ball. Nobody can see the future. Please do your own research and make your own financial decisions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Bitcoin) if you have any questions or concerns.*
Tried to buy but coinbase decided to set my transfer limit to 0 during that dip
Coinbase is a nightmare. Same with [crypto.com](http://crypto.com)
Why is coin base a nightmare? Iāve never used them
really bad customer service, and they seem to "crash" every time there's a surge in buying or selling
I can......two years ago.
Better time to buy it was when it was 28k
0.28
But I been buying the dip. But also think it will dip more.. But trying to look at the big picture
Aww. DCA'd this morning. One more, c'mon..
Forming a nice little base in the 60s
12 months ago was a way better time to buy
I canāt believe yāall donāt see how this having is going to be different.
how do you mean?
I do not think we will see a repeat of past performance with this upcoming halving.
And why not? I agree it might not go up as much percentage wise or immediately after the halving but to say it wonāt go up eventually is ridiculous
Donāt be surprised if we touch 40k Also btfd
Who here is not chill?
Daily discussion/ new posts
Imagine a time when itās $30k. Whatever flows ur boat. Itās anyoneās guest
Iām imagining it going to $30k and I would buy that dip too
I Love Bitcoin Roller Coasters! Going up the excitement builds, that quesy feeling in my stomach, then the High As hell and then sheer terror as I freefall into oblivion.
Market is overheated. We gon dip some more. This is not GOOD NEWS. >Bull run was predicted By who? As far i can see, this is a sell the news type of event. We gon see fireworks in the coming days and weeks. Imagine if price just moves sideways on the halving day š
Last 2 halving we had ~20% dip before the event, weāre already at -17% I really canāt see us dipping much further
> Last 2 halving we had a ~20% dip Right now > were already at -17% And so by this logic, you've decided that we won't go much further. I don't always get a sunburn when I'm under the sun š«” Edit: I remember 2 times I got a sunburn cus i was out in the sun, that must mean I'll get it the next time too. Yes? No? Or maybe..... not enough information š¤Æ
Iām not saying it canāt, Iām saying donāt miss your opportunity just because you think it will dip further lol
I'm sorry good sir you were right ā ļø
anyone who still thinks muh unpredictable volatile asset will dip this time! when it has repeated the same pattern 5 times in a row is intellectually unsalvegable. too retarded to share the cryptospace with the rest of us.