Official BGOL Crypto Currency Thread ★★★★★

  • The Daily: Bitcoin sees fresh all-time highs 118,000​


  • Bitcoin surged more than 5% to a new all-time high of nearly $119,000 early Friday as more than $1 billion in crypto short positions were liquidated over the past 24 hours.
  • The price of ETH jumped 9% to reclaim the $3,000 level for the first time in five months as new bitcoin all-time highs breathe fresh life into the broader crypto market.
 
Think of it like this they're basically saying bitcoin is like gold, eth is like silver and cardano is like copper in the crypto world
Hmm interesting! So any crypto on these blockchains or uses these might be good investments? I sold my ripple a little too early so I’m a little pissed! I need some good ones going forward
 
Hmm interesting! So any crypto on these blockchains or uses these might be good investments? I sold my ripple a little too early so I’m a little pissed! I need some good ones going forward
No…

People have been holding XRP for 7 years and it still hasn’t hit a new all-time high. I think the all-time high was $3.84 back in June 2018.
 
No…

People have been holding XRP for 7 years and it still hasn’t hit a new all-time high. I think the all-time high was $3.84 back in June 2018.
It’s up to 3.60 now! But hell it don’t matter if you got in when it was dirt cheap! You still won! I won just mad I sold a liitle too early. I’m trying to win again so what’s some good cheap ones??
 
It’s up to 3.60 now! But hell it don’t matter if you got in when it was dirt cheap! You still won! I won just mad I sold a liitle too early. I’m trying to win again so what’s some good cheap ones??
I’m going to be honest with you—and I know you’re not going to want to hear this—but in my opinion, you should just buy Bitcoin and sit on it for the next 10 to 15 years.

If you had been buying Bitcoin over the past three years, there aren’t many altcoins in the top 500 that would have outperformed Bitcoin during that time span.

I finally figured that lesson out after three years of listening to Ben Cowen.


 
It’s up to 3.60 now! But hell it don’t matter if you got in when it was dirt cheap! You still won! I won just mad I sold a liitle too early. I’m trying to win again so what’s some good cheap ones??
Go hard on XDC and Hbar. They are still cheap (about .09 and .27, respectively as of today) and will be valuable. Even XRP is the better buy at the current price. No one buying btc will get rich now unless you're rich already and can buy a significant amount. If you put invested 1k in btc at the current price of 118k you'd get .0085 btc. Bitcoin would have to go over 1 million dollars before you'd even make $8,500 before taxes. Not exactly life changing money is it? All of the tokenization of real world assets are occurring on layer 1 blockchains other that bitcoin because the network is slow and expensive. BlackRock manages a U.S. Treasury yield fund that was tokenized by "Securitze" which is a blockchain firm specializing in the tokenization of real-world assets. Did they use the bitcoin blockchain? Fuck no. They used other layer 1's, including XDC. I first bought XDC in 2020 at .001 and I'm literally up 8500% on that trade. I bought 48k more at .05 last month. That's how confident I am in the network going forward. Hbar is a winner as well. Don't get caught up in the bitcoin hype. Way better return on investment available for the average guy in other cryptos. I bought btc at $7,700 several years ago so I'm in super profit, but would never buy it now at these prices.

"Abrdn, State Street, Fidelity and BlackRock Money Market Funds Now Tokenised on XDC Network"
 
Last edited:
Back
Top