Achtung! Cryptocurrency dudes

my BTC is now up 1% lolololol

but i am still down 37% overall thanks to the other trash coins i bought like an idiot
 
Well, historically BitCoin runs up and pulls everything along with it, just not at the same pace. After people start selling their BitCoin to 'realize' some of their profits, they generally start putting some of that money into coins other than BitCoin (Alt Coins...Alt short for alternative. This is generally considered to be Alt Coin Season.

I don't know how much BitCoin you have but I think that everyone should have some, so if you don't need the money (I hate saying that - EVERYONE NEEDS THE MONEY) don't sell it as it will be so valuable in the future.

Sell your others when they get going, hopefully after you get into the profit zone.
 
smorgdonkey said:
There are many now but I don't know the symbols. I bought it on an exchange.
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Ok. I would want to know exactly what your money is in. 5 years ago this could be bought for $3847.18. It closed today at $61,642.04.

I would be interested in an ETF where you can draw a income but the 52 week low is $19,000 and change and the 52 week high is $62,000 and change. That’s nuts. I don’t think I’d have the balls back then.

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Mine is not in an ETF, I own the BitCoin separately. I just watch it and stay with it through a cycle. I would have loved to have some knowledge of it 10 years ago but I did get some in 2019 and sold near the top.
 
sleewell said:
my BTC is now up 1% lolololol

but i am still down 37% overall thanks to the other trash coins i bought like an idiot
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Watch your DOGE (I think you bought some?) as many of the so called 'meme' coins are pumping right now. I saw that SHIB was up 60% and DOGE was up 18%
 
sleewell said:
Those are my biggest losers. Still down 80+% on both lol
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Yes, the meme coins are often considered a joke by people who follow the sector. There is a chance that someone will make something out of them or even that the market itself will. I generally get involved with things that I think have some potential in business. Elon likes Doge so he may drive it to higher heights if he decides to equip it on X...but I don't know that he ever will. I have never owned it.

I did buy SHIB and sold half of it when it doubled years ago. It looks like it's back up to that double area now so really I should sell half again. It really was an uncharacteristic buy for me though. I didn't know that it ever went as high as what would make today's level an 80% loss.
 
It's def not a lot money so no worries. I might be getting closer to breaking even and cashing out here in a few weeks if this current trend continues. I'm at like 4200 of the 6k I put in. I think I put like 500 in doge and 200 in shibu but obviously right at the worst time lolololol.


edit: doge is down 73% and shibu is down 67%
 
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sleewell said:
It's def not a lot money so no worries. I might be getting closer to breaking even and cashing out here in a few weeks if this current trend continues. I'm at like 4200 of the 6k I put in. I think I put like 500 in doge and 200 in shibu but obviously right at the worst time lolololol.


edit: doge is down 73% and shibu is down 67%
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Ok. There seems to be optimism of meme coin pumps right now and it's not even the time in the cycle when the things other than BTC tend to rise.

The bright side is that BitCoin is still rising and that should be a trend that continues for a while.
 
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