Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1236512 times)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12450 on: Today at 02:36:13 AM »
To each their own. If you don't wanna get robbed, don't "invest" your hard earned money into some ridicolous bullcrap with zero intrinsic value and no utility except for making others with enough leverage to manipulate the prize richer. :)

The irony being that if you are keeping you "hard earned money" in USD (or any other fiat currency with zero intrinsic value", you are of course the fool being robbed, even though you may not actually realize it. That's what's happening...

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12451 on: Today at 02:42:22 AM »
You probably already bought the "dip" at 120k and 115k (not that you would ever admit it). But feel free to buy the next "dip" at 110k ;D

I buy regularly - pretty much every week. Just little nibbles, using income coming in from other investments (stock and property). Have not looked, but I suspect yes, I made minute little nibbles at 115 and 120. I did have a larger standing buy order at 106K on Coinbase, but it didn't hit. (Which annoyed as the priced dipped to 104K on some other exchanges apparently).

When USD has falled to 1m per BTC (and IT WILL happen), the question will not so much be whether you bought at 110 or 115, or 120, but rather how much foresight you had acquire all the Sata you could back at that time...

I would urge you to get as much as you can into BTC, for as long as you can. If you want to dabble in ventures or protocols which are tokenized, consider ETH, BNB, FIL, LINK, UniSwap. But to be clear 90%+ put into BTC.

GymnJuice

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12452 on: Today at 05:03:10 AM »
For sure, I am just saying, imagine a person who recently invested in something only to get rug pulled and panic sell. I am all about responsibility but the level of manipulation that is occurring is next level.

The trump coin is absurd, the guy uses his power as president to sway folks to buy, lies to their faces about it and then rug pulls them all while doubling his net worth in less than a year via this method.

I agree. I don’t personally know anyone who bought the Trump coin, and while part of me thinks I should feel bad for those who lost money, I don’t. Speculative assets like meme tokens are inherently risky, no matter who’s behind them.