Here's what's behind bitcoin's bounce back Here's what's behind bitcoin's bounce back
1 Hour Ago | 01:59
Bitcoin is back.
The cryptocurrency surged Tuesday, closing in on the $12,000 level. One bitcoin bull says progress on the regulatory front could send it even higher.
According to CNBC "Fast Money" trader Brian Kelly, Tuesday's rally is the result of more crypto-friendly attitudes by government regulators. Not only did Wyoming on Monday pass a bill relaxing securities law for some tokens, the South Korean government, which had previously vowed to crack down on cryptocurrency trading, said it would "support" and even "encourage" crypto operations so long as they were "normal" transactions.
For those looking to make a trade, Kelly recommended buying March Cboe bitcoin futures at $12,000 with a target of $18,000. Since bitcoin futures are so volatile, he put a stop in at $10,000.
of this thread, I think the most appropriate question is:
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
Good for you. Enjoy your 0.00000001% interest this year!
Anyway, loving this blip that's occurred in the last 12 hours. I was concerned and reading thoughts from others who were concerned that the market was moving too quickly again the past week. Hopefully bitcoin can find a home in this range and consolidate some support.
of this thread, I think the most appropriate question is:
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
Good for you. Enjoy your 0.00000001% interest this year!
Anyway, loving this blip that's occurred in the last 12 hours. I was concerned and reading thoughts from others who were concerned that the market was moving too quickly again the past week. Hopefully bitcoin can find a home in this range and consolidate some support.
Couldn't agree more. Made some money on BTC, now it's time for alts to run. Such easy money, I feel bad for the clowns who are too scared to get in.
Your two options are either bitcoin or a savings account at the bank? You know, I believe there are other options that people can invest in.
I'll say this.....seeing people discuss bitcoin on bbi, it's clearly younger, unsophisticated investors, but I like it. Most will probably lose money, but it will be an invaluable lesson for their lives. Everyone should invest and this experience will probably teach some people a lot about investing.
The financial situation of people discussing it or how much they’ve invested.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
RE: Some of you guys are making a lot of judgements without knowing Â
The financial situation of people discussing it or how much they’ve invested.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
Exactly, unfortunately I don't think a lot of new people are doing this. They see it as a get rich quick idea simply because Bitcoin blew up last year. You have to be smart about it, and very patient. Put your money into projects you believe in long term and don't panic when the market dips. The people that generally panic are the ones that shouldn't have put money in the first place. And don't be scared to take profits along the way.
RE: RE: Some of you guys are making a lot of judgements without knowing Â
The financial situation of people discussing it or how much they’ve invested.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
Exactly, unfortunately I don't think a lot of new people are doing this. They see it as a get rich quick idea simply because Bitcoin blew up last year. You have to be smart about it, and very patient. Put your money into projects you believe in long term and don't panic when the market dips. The people that generally panic are the ones that shouldn't have put money in the first place. And don't be scared to take profits along the way.
Well if true, some folks may learn some lessons the hard way, as the esteemed FMiC said. Hope nobody panic sells now that it’s diving over the past day at least
Because it's elastic, duh. I'm not sure if that lines up with my understanding of price elasticity of demand, but I'm taking Rover's word for it.
It's not all that surprising that it's coming back.
Saw my initial investment 6X s itself, but left in. Cashed out double my investment and left 5G in
Will buy back in when it drops
Saw my initial investment 6X s itself, but left in. Cashed out double my investment and left 5G in
Will buy back in when it drops
I'm very close to breaking even right now, just don't know if I should/will cash out. I read somewhere some people think it will get to 28K by July.
But I really might just cash out 75% because I could honestly use the fiat
I'm up 100%. Gonna keep holding though despite the chance of it crashing to $1 sometime soon
1 Hour Ago | 01:59
Bitcoin is back.
The cryptocurrency surged Tuesday, closing in on the $12,000 level. One bitcoin bull says progress on the regulatory front could send it even higher.
According to CNBC "Fast Money" trader Brian Kelly, Tuesday's rally is the result of more crypto-friendly attitudes by government regulators. Not only did Wyoming on Monday pass a bill relaxing securities law for some tokens, the South Korean government, which had previously vowed to crack down on cryptocurrency trading, said it would "support" and even "encourage" crypto operations so long as they were "normal" transactions.
For those looking to make a trade, Kelly recommended buying March Cboe bitcoin futures at $12,000 with a target of $18,000. Since bitcoin futures are so volatile, he put a stop in at $10,000.
Link - ( New Window )
Mistype, bought on 2/8. Still pretty good timing, thankfully
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
Good for you. Enjoy your 0.00000001% interest this year!
Anyway, loving this blip that's occurred in the last 12 hours. I was concerned and reading thoughts from others who were concerned that the market was moving too quickly again the past week. Hopefully bitcoin can find a home in this range and consolidate some support.
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
I'm just here for the free money
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
Nikolas Maduro disagrees....
I just spit my drink out!!
Nikolas Maduro disagrees....
Yeah! Who’s in on Petro? Pegged to oil, backed by gold and diamonds.
What could possibly go wrong?
Quote:
of this thread, I think the most appropriate question is:
What percentage of BBI investors are fucking morons?
I'm leaning very closely to 100% And it ain't too fucking elastic.
Good for you. Enjoy your 0.00000001% interest this year!
Anyway, loving this blip that's occurred in the last 12 hours. I was concerned and reading thoughts from others who were concerned that the market was moving too quickly again the past week. Hopefully bitcoin can find a home in this range and consolidate some support.
Couldn't agree more. Made some money on BTC, now it's time for alts to run. Such easy money, I feel bad for the clowns who are too scared to get in.
I'll say this.....seeing people discuss bitcoin on bbi, it's clearly younger, unsophisticated investors, but I like it. Most will probably lose money, but it will be an invaluable lesson for their lives. Everyone should invest and this experience will probably teach some people a lot about investing.
How people react to that first bath will determine a lot about their future investing.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
Exactly, unfortunately I don't think a lot of new people are doing this. They see it as a get rich quick idea simply because Bitcoin blew up last year. You have to be smart about it, and very patient. Put your money into projects you believe in long term and don't panic when the market dips. The people that generally panic are the ones that shouldn't have put money in the first place. And don't be scared to take profits along the way.
Quote:
The financial situation of people discussing it or how much they’ve invested.
Personally, this is like gambling...I’d never put in more than I was quite OK losing all of. If I make some money while I’m at it, cool. Retirement and other investments are a separate discussion for me.
Certainly hope nobody’s investing more than is appropriate for their situation.
Exactly, unfortunately I don't think a lot of new people are doing this. They see it as a get rich quick idea simply because Bitcoin blew up last year. You have to be smart about it, and very patient. Put your money into projects you believe in long term and don't panic when the market dips. The people that generally panic are the ones that shouldn't have put money in the first place. And don't be scared to take profits along the way.
Well if true, some folks may learn some lessons the hard way, as the esteemed FMiC said. Hope nobody panic sells now that it’s diving over the past day at least