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$14 Billion Wiped Out of Crypto Market

The key is to keep buying the good projects.Ripple is still hilding extreemly strongly,Buy every dip in stages.So if you have 10k buy 2k in a big dip,then buy more if it dips lower,All depends why you are buying.I use my crypto every day.If you are trading you can make more now than in a bull market.I always buy more of what I own in a dipToo many people buy green and sell red.It really is as simple as buy re and sell green.
 
Da Don said:
i just don't believe in overnight get rich quick plans.....
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Understandable.

What are your thoughts on blockchain technology and investing and forgetting in them?

Not trying to be a smart ass, just want your opinion because you've been one of the most consistent income producers on the board.
 
Raymond said:
Meh. Smart people will be buying some right now. And then buying again when it drops a bit more.
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I have heard people say this. It could hold true or it could result in greater lose.

If it bottomed out more then I could see it but its still priced pretty high.

And backed by nothing.
 
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moblack said:
Crypto to me is for niggas who don't know shit about the stock market. The same amount it takes to buy 1 bitcoin a person can play that money in the stock market and make way more money in that 10-15 year period.




You'll never be able to buy at the bottom like dudes did years ago....The government gone makes sure it don't hit 18k no more.
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"The government gone makes sure it don't hit 18k no more"

The sad part of this is most kats don't believe the "GOD'S HONEST TRUTH" in this statement.

Kats going to learn 1 of these days.
 
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Liquid7 said:
Definitely buying the Bottom on btc ...
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You'll never be able to buy at the bottom like dudes did y
ATLKingpin said:
Like the “niggas” running ALL of the financial markets investing in blockchain technology?

If you “played” the “Bitcoin market” 10 years ago, what percentage gain would you be at right now? What stock portfolio is providing the same yield?

I don’t disagree with you or the OP, people blindly investing in ONE vehicle is ridiculous (even though most of us on the board did with XRP...but that was at .00006 cents )

But to write off a market that, as you have stated, the world governments, central banks, and private financial institutions are heavily leveraged in isn’t the smartest move either...

Don’t think “Bitcoin”, think “Blockchain”, and if you are on that level, don’t think “Blockchain”, think “Distributed Ledger”...there might be a little money to be made in those places :puzzled:
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I can take 6k cash and flip that shit legally while you waiting 10-15 to see whatever with bitcoin.
 
BUMBAY DA DOGG said:
I have heard people say this. I could hold true or it could result in greater lose.

If it were to bottom out more then I could see it but its still priced pretty high.

And backed by nothing.
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It's more than likely not the bottom yet. But looking at it long term this is a good price.
 
gene cisco said:
Damn. That's tough. My only regret is not taking more profits off the table in January. Took more off during the big spring pump fake. Some of these projects have turned into straight clownshows(vechain is one that comes to mind). And god help any ICO token that was greedy enough to take American investors -- even accredited ones. Never got that shit. Like accredited investors didn't open you up to the SEC(whether now or whenvever they want to pull your card). :smh:

People are still holding shitcoins because they confuse blockchain with crypto. If you thinking of buying something because it's 'cheap' now, ask yourself if a crypto is required for that particular blockchain use case. Dig deep. And be honest. Even XRP isn't needed for Ripple, but it has big fucking backing so it's the one exception.
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"People are still holding shitcoins because they confuse blockchain with crypto."

Peace Gene,

People conflate the two very often. I see and hear it everyday.

I'm glad you jumped out early before the madness.
 
thismybgolname said:
Understandable.

What are your thoughts on blockchain technology and investing and forgetting in them?

Not trying to be a smart ass, just want your opinion because you've been one of the most consistent income producers on the board.
Click to expand...

my answer to any investment, if you cant afford to lose the money don't do bother.

There's no way of knowing what it will lead to. From what i saw the only place it will grow really is out towards India.
 
moblack said:
You'll never be able to buy at the bottom like dudes did y


I can take 6k cash and flip that shit legally while you waiting 10-15 to see whatever with bitcoin.
Click to expand...

Am I in a contest that I don’t know about? I was only responding to the post, not entering a “flipping” contest. And I didn’t use the 10-15 year time frame. But whatever you’re trying to prove, you are right.
 
Gully said:
The misinformation is comical. The real market just crashed a couple of weeks ago. Money to be made.
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Heard on a news break on the radio earlier today.

They said don’t even bother checking your 401k, all the gains made this year is gone because of the recent big drops in the market.

That 401k is a Ponzi scheme also.

And wait until mofos do there taxes starting in January and get big surprises from the GOP tax scam.
 
I'm glad as shit that I had problems creating an account with coinbase ….. it couldn't get pass the driver license part …… was at like $13k then ….. bitcoin is at $4298.55 now …….
BithIllKillYa lost his ass in it tho ….. I remember him bragging how much loot he had in it …. paying for his kids educations …. of course he's gonna be saying how he got out right before things started going south now …. mark my words …. :hmm:

Damn did fate work out for me ………..

​



.
 
lightbright said:
I'm glad as shit that I had problems creating an account with coinbase ….. it couldn't get pass the driver license part …… was at like $13k then ….. bitcoin is at $4298.55 now …….
BithIllKillYa lost his ass in it tho ….. I remember him bragging how much loot he had in it …. paying for his kids educations …. of course he's gonna be saying how he got out right before things started going south now …. mark my words …. :hmm:

Damn did fate work out for me ………..
​

.
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Same issue I had and I'm glad I couldn't sign up. I was trying to get in at 11k.
 
lightbright said:
BithIllKillYa lost his ass in it tho ….. I remember him bragging how much loot he had in it …. paying for his kids educations …. of course he's gonna be saying how he got out right before things started going south now …. mark my words …. :hmm:

Damn did fate work out for me ………..

​



.
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This is hilarious
 
LSN said:
december niggas who waited til the media said it was “hot” lol
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Peace LSN,

Kats better stop playing follow the leader.

Its been time for Kats to stand on their own and be a MAN.

A much better MAN when you make your own decisions.

I remember Kats was on here talking about some Crypto Currency, that rap dude nippsey hustle was endorsing?

All I said was "REALLY"!

Its a cold day in hell before I take investment advice from a rapper.
 
lightbright said:
I'm glad as shit that I had problems creating an account with coinbase ….. it couldn't get pass the driver license part …… was at like $13k then ….. bitcoin is at $4298.55 now …….
BithIllKillYa lost his ass in it tho ….. I remember him bragging how much loot he had in it …. paying for his kids educations …. of course he's gonna be saying how he got out right before things started going south now …. mark my words …. :hmm:

Damn did fate work out for me ………..

​



.
Click to expand...

moblack said:
Same issue I had and I'm glad I couldn't sign up. I was trying to get in at 11k.
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I'm assuming this was while it was on the way up (that's when people had the most trouble signing up). You could have gotten in at 11k-13k watched it go up to 20k, watched it come down to 14k and still cashed out with a profit.

Most people who lost damn near everything are the people who bought in at a coin's all time high, refused to cut their losses, and stayed in no matter what.

Even if you bought in at a coin's all time high, you could have gotten out at a loss, bought the dip of the right coin, and either broke even or still made a profit.

I personally know people that got emotionally attached to the profit they thought they had and refused to move as a result. It's not crypto's fault that some people get greedy.

If you systematically take profits with the goal of recovering your initial investment, you'll end up with only house money on the line.
 
praetor said:
I'm assuming this was while it was on the way up (that's when people had the most trouble signing up). You could have gotten in at 11k-13k watched it go up to 20k, watched it come down to 14k and still cashed out with a profit.

Most people who lost damn near everything are the people who bought in at a coin's all time high, refused to cut their losses, and stayed in no matter what.

Even if you bought in at a coin's all time high, you could have gotten out at a loss, bought the dip of the right coin, and either broke even or still made a profit.

I personally know people that got emotionally attached to the profit they thought they had and refused to move as a result. It's not crypto's fault that some people get greedy.

If you systematically take profits with the goal of recovering your initial investment, you'll end up with only house money on the line.
Click to expand...
naw …. it was on it's way down after peaking at about $17k and everyone was singing and dancing ….. it hovered around $11-13k …. (when I tried to get in) …. then kept falling slowly …. last time I looked …. not long ago it was around $7k ….. now this …. I still got the coinbase app which gives you real time value … just couldn't get past the dl part …. glad I didn't

sidebar: FUCKYOU was talking about putting "fuckyou" type of money
in it at the same time …. $150 …… :hmm:


.
 
praetor said:
I'm assuming this was while it was on the way up (that's when people had the most trouble signing up). You could have gotten in at 11k-13k watched it go up to 20k, watched it come down to 14k and still cashed out with a profit.

Most people who lost damn near everything are the people who bought in at a coin's all time high, refused to cut their losses, and stayed in no matter what.

Even if you bought in at a coin's all time high, you could have gotten out at a loss, bought the dip of the right coin, and either broke even or still made a profit.

I personally know people that got emotionally attached to the profit they thought they had and refused to move as a result. It's not crypto's fault that some people get greedy.

If you systematically take profits with the goal of recovering your initial investment, you'll end up with only house money on the line.
Click to expand...


I was trying to get in when it was going up. I had watched it from 8k ish and finally said let me get off the porch. The card I was trying to use was to my credit union and they didn't accept it. I almost went and opened a bank account at one of the approved places on coin base but I'm glad I didn't. I ended up hustling my ass on some cattle this summer and made me a good profit instead.
 

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