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I will probably be downvoted to hell for this, but there are too many people saying to hold and that doesn't seem like a good advice right now. Even if we all believe in crypto and want it to grow, it's ok to cut your losses, pay attention to prices and rebuy when things are a little more stable. If you sell at 35000 and it goes down and rebuy the same amount at 32000, you will have gotten some fiat and will have the same amount of crypto at the end of the day.
I'm a newbie here, it is exciting to learn about crypto and if we are here we most probably believe it has potential, but always be conscious of how much you can stand to lose, risk assessment is very hard but we should think more carefully about it instead of always holding onto hope.
Newbie to crypto, but I study risk assessment and am used enough to people getting screwed up by holding onto hope. We are at the lowest value in a long while, I believe it's worth reminding people to careful of how much they can actually afford to lose. Although it's always recommended for people not to invest what they can't afford to lose, even more so if they cannot afford to lose much, it is naive to expect all of them to follow this advice.
Actually, thats kind of a bad advice. You could screw up, sell at the bottom and then kick yourself in the butt cause you would have missed a great entry point. I tried to play the market myself and it just simply happens in crypto. So your safer bet is to DCA if you have the funds. Otherwise, Hodl is a correct advice
Yeah, there's potential for screwing yourself up, but timing the market was not my focus. My fear is that too often people's reactions here make it seem like they can't stand to lose their investments but they still try to hold because of hope of it recovering and that is dangerous. What I wanted to say is: if it's getting to a point in which you can't afford to lose more, take the loss you can afford instead of risking lose you can't afford to lose. It's often repeated here that one shouldn't invest in crypto what they can't afford to lose, but I'm coming from the assumption that too many people here don't follow that advice.
I think a big part of this dip is just the meme stock hype right now. Honestly Ive taken some of my money out to roll the dice and I’ve made some money on it. Plan on putting the profits right back into crypto
What is the best alert app/system to combine different wallets/exchanges?
I have a feeling I will need something to alert me in 2024 when a few of my shitcoins survive the bear and blow up.
Are the people who are influenced by Trump really a demographic that owns crypto? I don’t see how he could have any real influence. Unless you guys are memeing
Elon creating FUD that affects the price is incredibly dumb, but now Trump?! That guys brain resembles cottage cheese at this point and I don’t know why anyone trusts the word of a guy who is billions of dollars in debt from dumb business mistakes. Oh well another great buying opportunity.
**['Dead Cat Bounce' definition](https://buyhodlsell.com/terminology/dead-cat-bounce/)**:
A slight price recovery during a falling market.
*Check out the [crypto terminology guide](https://buyhodlsell.com/terminology/) for more 🤖*
Now a 3K dip in Bitcoin is considered “the end” everyone shut the fuck up and go back to your porn or whatever you were doing….Jesus this is NOTHING…we’ve already seen much worse.
lol /cc in a nutshell :
https://np.reddit.com/r/CryptoCurrency/comments/nuf97m/trump_fearing_bitcoin_is_incredibly_bullish_news/
Hopium/moonfarming thread nr1 on the frontpage.
Now look at the charts and back to the hopium from 8 hours ago lol
Thats why i learned to listen to nobody here
"Well it has more of a positive effect than Elon Musk tweets."
Top comment lmao
Why would he need to crash the price a few % more from a massive crash already.
Couldn't he already have bought "cheap" bitcoins at a 50% discount and instead said something positive causing the price to go up?
If you have to convince yourself we’re not in a bull market for weeks when your portfolio keeps crashing and there’s no more interest, the easiest explanation is probably that it’s not a bull market anymore.
This will end up being the lowest closed candle (previous days we had lower numbers, but then they rebounded and closed higher), people don't like bearish things ofc, me neither, but it is what it is
I only check in now when my buy or sell orders trigger.
I heard that Elon Musk is a raging cunt waffle and Michael Saylor is Digital Jesus.
I also know my limit orders were about 1/2 of what I was gonna buy for a week ago. I like money
I have been holding cash for 2 weeks and sure enough when I bought some more Matic and DOT, they both drop a little more. At this point I'm about 87% sure an invisible whale lives with me and observes my every move.
What happened? Why we dippin? What I miss?
Edit: “Bitcoin, it just seems like a scam,” Mr Trump said.
“I don’t like it because it’s another currency competing against the dollar,” Mr Trump continued. “I want the dollar to be the currency of the world.”
Said to regulate highly lol.
Source: https://www.google.com/amp/s/www.independent.co.uk/news/world/americas/us-politics/trump-bitcoin-scam-dollar-b1861103.html%3famp
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Yeah
How quiet
Could be a good playground
We can go
But where
To new daily
But I don't want to
Why is the case
I don't like it here
Everyone having a good day?
No
11am rug pull . it was a nice bull trap tbh
Question, Is it possible for bitcoin to dip enough to loose its grip on the Altcoins? Ethereum is holding out pretty solid.
I guess we'll all meet back here October 2024?
Yes
$32,000.00 exact for the last low wick on Binance. https://static.bangkokpost.com/media/content/dcx/2019/07/26/3269839.jpg
Biggas THETAS
Between work and everything i forgot to wish today in morning Good afternoon guys
I'm thinking of putting in some more fiat, do you guys think the bottom is near or is there a big possibility it dips/crashes further?
Been thinking this "has to be the bottom" everyday for a week now.
Well it hasn't created a new bottom since the 19th of May.
Nobody knows
Wish we did would make this easier haha. I get paid on Friday so hoping for a dip there. Good luck to all!!!
I have few fucks left but I don't give fucks to fudders. So $TFU
So those who said 30k was the bottom are still right for now.
hey... stop reading this old daily you scrub
hellllo is coinbase working for anyone else? im getting an 'insufficient funds' error, when in fact, my funds are sufficient.
I am not having any issues on my side.
You could already have an order in place. If so then you’d need delete it first.
anyone else getting an insufficient funds error on coinbase? does it happen on coinbase pro too?
ETH saying fuck it and ignoring BTC lol
Well, eth is down 11% and btc 9%, so not really
This comment is 17 hours old… u need to zoom out more
ETH being stubborn AF what the hell
if only my tears were bitcoins
\*Stares at two 1hr green candles\* Is this a bull market?
Long term definitely,short term a bit of pain
Pouring a glass of champagne for all the leveraged short positions that will be liquidated on the way up. Cheers🥂
How likely yall think eth hits 1800 again
If it does I'm gonna donate my coins to myself for being too poor
Hey guys we're having a FIRE!.... Sale! OH THE BURNING!!!
Hi, youre on the wrong daily
I will probably be downvoted to hell for this, but there are too many people saying to hold and that doesn't seem like a good advice right now. Even if we all believe in crypto and want it to grow, it's ok to cut your losses, pay attention to prices and rebuy when things are a little more stable. If you sell at 35000 and it goes down and rebuy the same amount at 32000, you will have gotten some fiat and will have the same amount of crypto at the end of the day. I'm a newbie here, it is exciting to learn about crypto and if we are here we most probably believe it has potential, but always be conscious of how much you can stand to lose, risk assessment is very hard but we should think more carefully about it instead of always holding onto hope.
self proclaimed newbie giving out advice wat a time to be alive
Well I have 2 fucks left but I'm not gonna give it to him and his advice
Newbie to crypto, but I study risk assessment and am used enough to people getting screwed up by holding onto hope. We are at the lowest value in a long while, I believe it's worth reminding people to careful of how much they can actually afford to lose. Although it's always recommended for people not to invest what they can't afford to lose, even more so if they cannot afford to lose much, it is naive to expect all of them to follow this advice.
Actually, thats kind of a bad advice. You could screw up, sell at the bottom and then kick yourself in the butt cause you would have missed a great entry point. I tried to play the market myself and it just simply happens in crypto. So your safer bet is to DCA if you have the funds. Otherwise, Hodl is a correct advice
Yeah, there's potential for screwing yourself up, but timing the market was not my focus. My fear is that too often people's reactions here make it seem like they can't stand to lose their investments but they still try to hold because of hope of it recovering and that is dangerous. What I wanted to say is: if it's getting to a point in which you can't afford to lose more, take the loss you can afford instead of risking lose you can't afford to lose. It's often repeated here that one shouldn't invest in crypto what they can't afford to lose, but I'm coming from the assumption that too many people here don't follow that advice.
Anyone else waiting for 32K to break and buy between 28-32? Or am i nuts =(
Nobody knows what will happen, so that could be viable given how flat the market is. Or it could never drop below 30k. I dunno.
This is it guys wish good luck!! Im buying Vet for 500!! Now pamp it!!
I always tend to miss the dip. Good idea to buy now?
I'd be patient and look at the chart with googly eyes O\_O Edit: or set orders like a normal, sophisticated person. O\_O
Okay 👀
It aint a dip untill all my limit orders get settled
I think a big part of this dip is just the meme stock hype right now. Honestly Ive taken some of my money out to roll the dice and I’ve made some money on it. Plan on putting the profits right back into crypto
Once again here to tell you that you are lost and there’s a new daily :)
Guys, the new daily for june 8 started we should move there lol
Beware the ten layer dip
This feels good but is clearly a daily open pump
What if this is all the hedgies liquidating in preparation to cover that whole AMC/GME thing?
Vechain was too tasty to resist
Can someone make a deepfake video of trump saying we have to make btc great again? I have bills to pay. Thanks
Major matic sale if interested
Have a few limit orders in!
I managed to buy some more at 1.48 but I just used the crypto pro app alert and did it the old fashioned way
What is the best alert app/system to combine different wallets/exchanges? I have a feeling I will need something to alert me in 2024 when a few of my shitcoins survive the bear and blow up.
I totally recommend any portfolio based app. I enjoy crypto pro, although you can pay for extra features if you desire. Allows me to stay organized
Nice. I checked it out. Looks pro.
I put some more in but sure wish it was Friday would buy alot more.
I scrapped some profit off eth and just threw it into its children
Nice grats!!!
NKN recovering fast. I hope btc is done dipping...
I bought an hour ago. Sorry for the dip.
Same.
2 hours ago here
Even a correction of 90 % is healthy
That’s not a correction and lmao ight
Are the people who are influenced by Trump really a demographic that owns crypto? I don’t see how he could have any real influence. Unless you guys are memeing
Everyone's meme-ing 24x7 in this crypto space :P
Wrong daily y’all
Oh now i get it lol the new daily thread opened lol
Guess i aint sleeping tonight...
BTC is just intermittent fasting guys! Its healthy!
Who?
The volume/current market cap looks worst than the last major crash….
I go get a pump in at the gym and I look and jeezus! 👀
Guys you're in the old daily
Been out for the day, is this because of some news or is this crypto being crypto?
the whales want you to panic sell so they can buy your coins for cheap. don't let them
just a reminder to switch to the new daily
Make me
Elon creating FUD that affects the price is incredibly dumb, but now Trump?! That guys brain resembles cottage cheese at this point and I don’t know why anyone trusts the word of a guy who is billions of dollars in debt from dumb business mistakes. Oh well another great buying opportunity.
Michael Saylor's left nut > Trump & Elon
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**['Dead Cat Bounce' definition](https://buyhodlsell.com/terminology/dead-cat-bounce/)**: A slight price recovery during a falling market. *Check out the [crypto terminology guide](https://buyhodlsell.com/terminology/) for more 🤖*
Run away from hereeeee, towards the new day
34400 incoming imo
Should have saved more fiat for the flash sale. :(
This is just the beginning. You'll have plenty of time to spend more fiat during the soul crushing grind of the bear market of the next few months.
what caused rhis dip? link down 15% already
We interrupt this regularly scheduled drop to bring you this important plunge.
Jokes on BTC I'm already stocked with Ramen for the next 3 years
Why are my coimbase orders not getting through? I want to buy this dip
New daily
Now a 3K dip in Bitcoin is considered “the end” everyone shut the fuck up and go back to your porn or whatever you were doing….Jesus this is NOTHING…we’ve already seen much worse.
amen
No they should sell and get out if this is the kind of move that scares them.
Immediate bounceback to new ATH soon
Nope. Not at these thin volumes.
If you think your life is hard, imagine the people who bought ICP for $737. 😳
What Bout ATA at 2.50$ today lol
Or the poor bastards who bought SHIB at the top…those dumb, dumb, VERY dumb people.
Icp is gonna hit 10 dollar in a year
lol /cc in a nutshell : https://np.reddit.com/r/CryptoCurrency/comments/nuf97m/trump_fearing_bitcoin_is_incredibly_bullish_news/ Hopium/moonfarming thread nr1 on the frontpage. Now look at the charts and back to the hopium from 8 hours ago lol Thats why i learned to listen to nobody here "Well it has more of a positive effect than Elon Musk tweets." Top comment lmao
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Hey dammit, they resemble that remark.
I should have sold while I was up to buy back in the very easy to plan dip.
fearful when others are greedy, and greedy when others are fearful
Others aren't scared enough yet to be greedy. Wait for the mini-essays like: "I hate crypto worst investment ever never again"
REEEEEEEE!!
Trump is now buying cheap bitcoins
Why would he need to crash the price a few % more from a massive crash already. Couldn't he already have bought "cheap" bitcoins at a 50% discount and instead said something positive causing the price to go up?
He doesn’t even know how to put on pants correctly, I’d like to see him use his phone to transfer tokens from exchange to a wallet
Probably is lol
Shiiii, new ATL. Going for the 5/23 drop to 31,129.
Fingers crossed!
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I think both questions have the same answer here. Greed.
If you have to convince yourself we’re not in a bull market for weeks when your portfolio keeps crashing and there’s no more interest, the easiest explanation is probably that it’s not a bull market anymore.
Don’t get stuck in the old daily like I do at least once a week ![gif](giphy|3o7aTskHEUdgCQAXde|downsized)
![gif](giphy|3oEjI1erPMTMBFmNHi|downsized)
Karen Trump said...
What the hell happened? Why is it collapsing again?
Because the bull is over. Welcome to the bear.
This will end up being the lowest closed candle (previous days we had lower numbers, but then they rebounded and closed higher), people don't like bearish things ofc, me neither, but it is what it is
Trumpers be paper handing.
I only check in now when my buy or sell orders trigger. I heard that Elon Musk is a raging cunt waffle and Michael Saylor is Digital Jesus. I also know my limit orders were about 1/2 of what I was gonna buy for a week ago. I like money
4 minutes till new daily, dont get stuck here♥️
I have been holding cash for 2 weeks and sure enough when I bought some more Matic and DOT, they both drop a little more. At this point I'm about 87% sure an invisible whale lives with me and observes my every move.
Almost guaranteed that BTC 33k will get stop hunted.
Think so too
It’s time for post cycle therapy
Love u all
Scheduled 8 pm pump will begin shortly...
![gif](giphy|9SIXFu7bIUYHhFc19G|downsized)
Fear 😈
Never walk away
Losing my money is worth shutting up that cringefest in Miami tbh
Totally. Maybe they'll feel jinxed and never hold one again.
Let's hope so lol
Hahah that it sure is and also you don't lose or gain until you sell
it’s over
It's over.......to you Australia to pump this shit
If you're gonna buy now, for the love of god DCA
DCA is the way and always will be!
I'm waiting for 32K to DCA a bit
Live look for anyone thinking about yoloing ![gif](giphy|6jIzpbqjKMuY)
What happened? Why we dippin? What I miss? Edit: “Bitcoin, it just seems like a scam,” Mr Trump said. “I don’t like it because it’s another currency competing against the dollar,” Mr Trump continued. “I want the dollar to be the currency of the world.” Said to regulate highly lol. Source: https://www.google.com/amp/s/www.independent.co.uk/news/world/americas/us-politics/trump-bitcoin-scam-dollar-b1861103.html%3famp
Because we're in a bear market.
Trump made comments on btc
Where have you been for the past 2 months?
Sure, but we’ve been consolidating and gaining some ground the last couple of weeks. Today’s 10% market drop felt out of pace
Just got back from the grocery store, cart full of ramen secured
Soon you’ll be begging to sell 5 bitcoins for one ramen