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Bitcoin dipped. Will the crypto party resume？
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$Bitcoin(BTC.CC)$ , the world's most actively traded cryptocurrency, fell as low as $17,628on Saturday before rebounding. It has fallen about 70% from its all-time high of nearly $70,000. Another leading cryptocurrency, $Ethereum(ETH.CC)$ , is now at around $1,100. The recent freefall has shaken faith in cryptos.
A netizen has mentioned that "throwing 30% of your account in Bitcoin today is the same cost as if you were to go all-in at the top."
Althoughthe statement seems to be logically correct, unknown risks remain in the digital assets that might have no intrinsic value.
Since almost everything is "on-sale" now, which option would be better? Is it buying stocks or cryptos? Why?
Would you elaborate on your thoughts?
A netizen has mentioned that "throwing 30% of your account in Bitcoin today is the same cost as if you were to go all-in at the top."
Althoughthe statement seems to be logically correct, unknown risks remain in the digital assets that might have no intrinsic value.
Since almost everything is "on-sale" now, which option would be better? Is it buying stocks or cryptos? Why?
Would you elaborate on your thoughts?
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"Bitcoin is going to fall to $12,000 soon - here's why," says Mad Money's Jim Cramer.
$Bitcoin(BTC.CC$$Dogecoin(DOGE.CC$$Ethereum(ETH.CC$ Mad Money host Jim Cramer predicts the price of bitcoin will fall to $12,000. Nonetheless, he recommends bitcoin and ethereum to anyone who wants to invest in cryptocurrencies.
"I think people involved in bitcoin need to take a different stance," the Mad Money host noted. "We need some people to say, 'Look, this is the level.' That's typically what happ...
"I think people involved in bitcoin need to take a different stance," the Mad Money host noted. "We need some people to say, 'Look, this is the level.' That's typically what happ...
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Jim Cramer Expects Bitcoin to Fall to $12,000
I was on the fence but since he made this prediction I think ill buy more right now.
CNBC’s Jim Cramer says he "thinks $Bitcoin(BTC.CC$ BTC goes to $12,000, where it was before this whole fiasco began."
BTC made a new 2022 low of $17,592 this weekend. Do you think $BTC might trade as low as $12,000?
$Coinbase(COIN.US$$AMC Entertainment(AMC.US$$Ethereum(ETH.CC$
CNBC’s Jim Cramer says he "thinks $Bitcoin(BTC.CC$ BTC goes to $12,000, where it was before this whole fiasco began."
BTC made a new 2022 low of $17,592 this weekend. Do you think $BTC might trade as low as $12,000?
$Coinbase(COIN.US$$AMC Entertainment(AMC.US$$Ethereum(ETH.CC$
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Don't take out a loan to buy cryptocurrency, it's stupid.
Seen a post saying a guy took out a loan to buy crypto because it seemed a good deal right now. It is a good price if you have your own money to invest, borrowing money from a bank to invest in crypto even if it's low APR% it's not advisable and you shouldn't do it. Losing your own money might sound bad, but imagine you've lost borrowed money, which you'll have to pay back eventually. A simple quote that everybody heard a dozen times; don'...
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18 months ago I predicted $BTC would drop down to $12,500 by the end of 2022. People thought I was crazy. Yet here we are and #BTC is close to that level. Here's the video where I predicted this: https://youtu.be/Ah5zeJ0aZm8?t=420
#Bitcoin #BitcoinCrash #bitcoinprice #cryptocrash #Crypto
#Bitcoin #BitcoinCrash #bitcoinprice #cryptocrash #Crypto
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Bitcoin’s Market Cap Surpassed by Tencent
Bitcoin’s market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Tencent, as its price continues to fall, according to 8MarketCap. Tencent is now worth about $401.96 billion, up 5.61% during the past seven days.
Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It runs on a blockchain, or a ledger logging transactions distribute...
Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It runs on a blockchain, or a ledger logging transactions distribute...
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Why the FED doesn’t matter ~
The Fed creates inflation - they support inflationary periods.
Interest rate hikes help pay off Fed debt quicker - and have nothing to do with the inflation you feel.
They make financial policy based of faulty concepts, and have for years. “we can’t get rid of the debt quick enough, so lets just slowly ease our losses”
They support the stock piling of Gold, while discouraging the same for citizens.
They operate in line with Government branches, but are referred to ...
Interest rate hikes help pay off Fed debt quicker - and have nothing to do with the inflation you feel.
They make financial policy based of faulty concepts, and have for years. “we can’t get rid of the debt quick enough, so lets just slowly ease our losses”
They support the stock piling of Gold, while discouraging the same for citizens.
They operate in line with Government branches, but are referred to ...
Bitcoin is disintegrating into bits of trash
End game party is on the horizon. Get out or sink in quicksand.
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