Official BGOL Crypto Currency Thread ★★★★★

[Mr.Mojo]

Caught Travala at .40 cents and road it up to its peak price of $6.
Still in it. Could have caught it at .10 cents if wasn't afraid to pull the trigger.

That goddamn travala! I don't even wanna hear the name now.lol some of y'all kept sayin to get in but I couldn't find the bitch and got lazy.now look.

 

[havelcok]

if btc does not hold
next support is 20-30

eth consolidating right here

 

[darth frosty]

 

[darth frosty]

well i hope you guys bought the dip

bitcoin has strong support at 45

after that, its 20

if it holds, we are due for a run up

if btc does not hold
next support is 20-30

eth consolidating right here

Please forgive my ignorance but what does that mean? Strong support and next support?!?

 

[0utsyder]

Caught Travala at .40 cents and road it up to its peak price of $6.
Still in it. Could have caught it at .10 cents if wasn't afraid to pull the trigger.

That's one I wanted to get in on, but couldn't find it on Coinbase

 

[havelcok]

Please forgive my ignorance but what does that mean? Strong support and next support?!?

Support is the price level at which demand is thought to be strong enough to prevent the price from declining further
So with Bitcoin you notice it always hovers around 44-45 because a lot of people bought at that price and continue to buy in there.

but before it ran up to 45 the next level at which we had support was around 30. So if enough people start to sell it could drop all the way down to 30

so you want episodes like this with stock where there is a pull back so it’s attractive enough for people to buy in and build at this Level

So when you have a stock that’s falling in value
It might not pay to just buy the dip

you want to be able to identify support level at which this
Stock can bounce back and then buy in there

 

[darth frosty]

Support is the price level at which demand is thought to be strong enough to prevent the price from declining further
So with Bitcoin you notice it always hovers around 44-45 because a lot of people bought at that price and continue to buy in there.

but before it ran up to 45 the next level at which we had support was around 30. So if enough people start to sell it could drop all the way down to 30

so you want episodes like this with stock where there is a pull back so it’s attractive enough for people to buy in and build at this Level

So when you have a stock that’s falling in value
It might not pay to just buy the dip

you want to be able to identify support level at which this
Stock can bounce back and then buy in there

 

[APOPHIS]

Please forgive my ignorance but what does that mean? Strong support and next support?!?

Support levels refers to price consolidation and vice versa. It's where people begin to buy up again or keep the price from going down any further. They are good indicators for you to position your buy ins when huge price dumps occur.

 

[APOPHIS]

Never mind.
I see that it was explained already.

 

[xfactor]

Caught Travala at .40 cents and road it up to its peak price of $6.
Still in it. Could have caught it at .10 cents if wasn't afraid to pull the trigger.

I don’t even trade crypto because it is more lucrative for me to buy and hold until it reaches my price target then I’ll dump it all unless it allows for staking. Coinbase allowing staking for ETH2 now but less than 10% APY and it is locked up until the finish.

SAFEMOON is a shitcoin but I got a huge airdrop last week for holding because of their model to return coins to holders while taxing sellers. Straight up arbitrage coin

 

[xfactor]

Please forgive my ignorance but what does that mean? Strong support and next support?!?

All you need is access to view a coin’s order book and you can see that information for yourself.

 

[APOPHIS]

I don’t even trade crypto because it is more lucrative for me to buy and hold until it reaches my price target then I’ll dump it all unless it allows for staking. Coinbase allowing staking for ETH2 now but less than 10% APY and it is locked up until the finish.

SAFEMOON is a shitcoin but I got a huge airdrop last week for holding because of their model to return coins to holders while taxing sellers. Straight up arbitrage coin

I'm also a buy a hold guy. Most of my coins have in been in my possession for 9 months or longer.
I have different account for trading. I keep less in there as it's less than 10% of my total crypto holdings.

Here's s crazy shitcoin story, I knew about SHIBA weeks before it blew up and thought about getting in when it was around .000057. Did my due diligence and knew it was gonna fly one day. I chose to not buy because I'm weary of shitcoins, but when that sucker blew to %5000+ I nearly flipped out.

 

[HotNixon36]

People new to crypto, might be a good time to get in. A lot of people are abandoning ship.

 

[praetor]

Buy the fucking dip.

 

[RoomService]

Buy the fucking dip.

No! I’ll buy when bitcoin hits $100,000.
Watch how many people exit stage left, but will buy when it reaches $100,000

 

[kdogg3270]

No! I’ll buy when bitcoin hits $100,000.
Watch how many people exit stage left, but will buy when it reaches $100,000

seems like people want to be in on something when it's perceived to be 'hot'. But as we know , that is not how money is made.

 

[APOPHIS]

WTF! The dump is on.

$32K for BTC!
Will it test the previous 20k high? A few more support levels to break to make this happen.
I wish I had more dry powder. Damn.

 

[bxclark]

WTF! The dump is on.

$32K for BTC!
Will it test the previous 20k high? A few more support levels to break to make this happen.
I wish I had more dry powder. Damn.

Just bought a house.. wish I had more too..smh

 

[APOPHIS]

Just bought a house.. wish I had more too..smh

Good investment considering these lower ass rates.
Hopefully you got a good price.

 

[neptunes007]

Support is the price level at which demand is thought to be strong enough to prevent the price from declining further
So with Bitcoin you notice it always hovers around 44-45 because a lot of people bought at that price and continue to buy in there.

but before it ran up to 45 the next level at which we had support was around 30. So if enough people start to sell it could drop all the way down to 30

so you want episodes like this with stock where there is a pull back so it’s attractive enough for people to buy in and build at this Level

So when you have a stock that’s falling in value
It might not pay to just buy the dip

you want to be able to identify support level at which this
Stock can bounce back and then buy in there

I just saw BTC hit $38K around 4am. Woke up 10mins ago saw it hit $33K. We will see where this goes. Coinbase and Crypto.com servers are being flooded right now.

 

[Goingmark40]

shit wish i woulda sold some of my ETH when it was at 4k. Trying to buy some more alt coins but Coinbase is flooded right now

 

[jasonblacc]

Dam missed that eth at1800

 

[trstar]

What exchange can I buy $Shib ?

 

[xfactor]

What exchange can I buy $Shib ?

BitMart - and it is still up unlike Coinbase

 

[Maxxam]

 

[trstar]

BitMart - and it is still up unlike Coinbase

Thanks. Shit reminds me of the Poloniex days

 

[An RnB Thug]

Flash Sell Off
Whales shake out weak hands and buy right back in at cheaper rates
Wash, Rinse & Repeat

 

[havelcok]

this was needed before the next bull run

btc to 100k coming soon

 

[ScorpDiesel]

Flash Sell Off
Whales shake out weak hands and buy right back in at cheaper rates
Wash, Rinse & Repeat

 

[Green Starbuck]

Hell yeah, that's what we need. I survived the last crash and will ride this one to wherever it goes. Definitely buying the dip.

 

[tpotda]

dam i missed buying atom at under $15 and bought it at $17

 

[praetor]

 

[havelcok]

 

[havelcok]

Well that was quick

 

[actinanass]

all i know, im primed for that bull run....