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Joined: Jun 2002
Posts: 131,971 Likes: 54
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,971 Likes: 54 |
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Joined: Dec 2008
Posts: 8,331 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,331 Likes: 2 |
Brutal time for the crypto holders.
"Life is tough, even tougher if your stupid"
John Wayne
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Joined: Sep 2006
Posts: 3,861
Campfire Tracker
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Campfire Tracker
Joined: Sep 2006
Posts: 3,861 |
Seems like there is a market for Bitcoin, paying cyber ransom payments.....
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Joined: Jun 2003
Posts: 10,600 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2003
Posts: 10,600 Likes: 1 |
Nobody replied, but I figured I'd throw a few bucks at BTC and ETH and buy more if they went down further. But, ETH went up 32% and BTC went up 18%. I'm too new and timid to be very aggressive with this stuff.
"Don't believe everything you see on the Internet" - Abraham Lincoln
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Joined: Oct 2010
Posts: 7,824 Likes: 16
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,824 Likes: 16 |
I’ve not bought any BTC lately but will if it keeps dropping. Maybe $30kish.
I have bought some alts that should be good fits for yield farming once things recover. I’ve been yield farming most of the Link I hold which has worked out well on the income front. This might work out to be a good opportunity to expand that.
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Joined: Jan 2017
Posts: 216
Campfire Member
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Campfire Member
Joined: Jan 2017
Posts: 216 |
![[Linked Image from i.postimg.cc]](https://i.postimg.cc/YqP5qgSm/Screenshot-20210519-091910-Messages.jpg) I made $172k in 2 days. Bought in on Friday. Sold on Sunday. Overall made $209k this past week. Less than $2k invested, total.
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Joined: Jan 2017
Posts: 216
Campfire Member
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Campfire Member
Joined: Jan 2017
Posts: 216 |
I’ve not bought any BTC lately but will if it keeps dropping. Maybe $30kish.
I have bought some alts that should be good fits for yield farming once things recover. I’ve been yield farming most of the Link I hold which has worked out well on the income front. This might work out to be a good opportunity to expand that. Btc touched $30k this morning then rallied 20%. This run isn't over, just a healthy correction. Nows buying time.
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Joined: Oct 2007
Posts: 14,316 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2007
Posts: 14,316 Likes: 3 |
What backs up this faux currency?
Its all right to be white!!
Stupidity left unattended will run rampant
Don't argue with stupid people, They will drag you down to their level and then win by experience
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Joined: Oct 2010
Posts: 7,824 Likes: 16
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,824 Likes: 16 |
What backs up this faux currency? The same thing that backs up every other currency.
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Joined: Oct 2010
Posts: 7,824 Likes: 16
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,824 Likes: 16 |
Btc touched $30k this morning then rallied 20%. I should check then, might have had a buy trigger.
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Joined: Jun 2003
Posts: 10,600 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2003
Posts: 10,600 Likes: 1 |
What backs up this faux currency? The same thing that backs up every other currency. I got interested from reading the various threads here and seeing an interview with U.S. Senator Cynthia Lummis of Wyoming on Barron's ( https://www.marketwatch.com/video/c...B870B0A-20A4-4F57-B374-5AA5684A6CC0.html). She recommended two books, The Bitcoin Standard and Layered Money. I read The Bitcoin Standard and found it interesting. The author is a bit too rah rah on Bitcoin as THE digital money, but it was an interesting book nonetheless. I would especially be interested in the gold bugs' take on the ideas expressed in the book. I am just a dabbler at this point and would not risk money that I am not willing to lose.
"Don't believe everything you see on the Internet" - Abraham Lincoln
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
I’ve not bought any BTC lately but will if it keeps dropping. Maybe $30kish.
I have bought some alts that should be good fits for yield farming once things recover. I’ve been yield farming most of the Link I hold which has worked out well on the income front. This might work out to be a good opportunity to expand that. Same, bought more alt coin this morning. Was tough as most of the exchanges were either crashed or so slow it was hard to get anything done.
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Joined: Mar 2010
Posts: 24,363 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,363 Likes: 15 |
Picked up 20 more shares of eth this morning. Keep adding if drops near 2k again
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Joined: Mar 2010
Posts: 24,363 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,363 Likes: 15 |
I made $172k in 2 days. Bought in on Friday. Sold on Sunday. Overall made $209k this past week. Less than $2k invested, total. Well done
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Joined: Jun 2003
Posts: 10,600 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2003
Posts: 10,600 Likes: 1 |
Thanks to those who replied today. I guess my instincts were right but I am not nearly as bold as you high rollers. I applaud your victories. Playing with profits must help, too! I learned a lot today.
"Don't believe everything you see on the Internet" - Abraham Lincoln
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
I'm not sure its quite done bleeding yet, so I'm not putting in a bunch, just picking up a bit here and there.
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Joined: May 2009
Posts: 5,628
Campfire Tracker
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Campfire Tracker
Joined: May 2009
Posts: 5,628 |
I took a major ass kicking this morning.
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Joined: Jan 2017
Posts: 216
Campfire Member
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Campfire Member
Joined: Jan 2017
Posts: 216 |
I'm not sure its quite done bleeding yet, so I'm not putting in a bunch, just picking up a bit here and there. DCA
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Joined: Jan 2017
Posts: 216
Campfire Member
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Campfire Member
Joined: Jan 2017
Posts: 216 |
I took a major ass kicking this morning. Same here. Holding blue chips, you'll be fine. Just DCA when you can.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Bloomberg news blips were abuzz about today’s trading and also mentioned that the FED is studying ways to “accommodate “ Crypto Currencies.
Kinda Like your old college roommate who was always late to the party and never brought any booze with him,
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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