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Thread: Bitcoin....who's gotten into it?
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05-27-2022, 11:19 AM #9426Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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05-27-2022, 11:28 AM #9427
I’m not an expert investor, really much more interested in macroeconomics, so you probably shouldn’t take advice from me on that.
Personnally, I have emergency savings in cash, all other investments are in index funds, almost all stock, very little bonds, because I don’t panic about the volatility, and I still have a long timeframe to hold them.
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05-27-2022, 11:35 AM #9428
Thanks. But don't worry about me taking advice, I'm just curious about others' point of view. I've made my choice, home is secure and obv I believe in bitcoin's future.
Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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05-27-2022, 11:39 AM #9429
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05-27-2022, 11:56 AM #9430
There was a block re-org on the new POS beacon chain which may have invited some panic. Some fund redemptions and liquidations added to the selling as well.
https://twitter.com/krugermacro/stat...B7muMGg8w&s=19
Sent from my Pixel 6 Pro using Tapatalk
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05-27-2022, 12:29 PM #9431
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05-27-2022, 01:25 PM #9432
Why though?
My feeling is that if it comes to the point where I need to rely on physical gold for anything, the world is probably so fucked up that there’s very little odds that I could make use of gold, or not have it stolen from me. Seems more akin to prepper stuff, and I’m not building and sticking a bunker either.
(Fun tool to play around with, depending on your definition of fun:
https://inflationchart.com/spxtr-in-...thmic=1&zero=1 )
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05-27-2022, 02:38 PM #9433
physical gold, jewels, fine art, fine violins, are portable GTFO assets. I kinda agree that if the USA the world might be ending, but there are cases where it might not be, and the smuggler offers “your money or your life” while the other choice is “your money and your life”
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05-27-2022, 03:00 PM #9434
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05-27-2022, 03:40 PM #9435
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05-27-2022, 03:42 PM #9436
Physical.metal stored in an insured storage.unit. I wouldn't keep it in my home.
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05-27-2022, 03:44 PM #9437
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05-27-2022, 03:48 PM #9438
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05-27-2022, 03:58 PM #9439
Pussy.
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05-27-2022, 04:00 PM #9440
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05-27-2022, 04:03 PM #9441
Man... that's full on tinfoil hat shit.
NTTAWWT.
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05-27-2022, 04:42 PM #9442
Having a few grand in physical metal is tin foil hat shit? Yeah ok. people have 100's of g's in physical
You just worry about making the minimum payments on your maxed out cc
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05-27-2022, 04:46 PM #9443
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05-27-2022, 05:34 PM #9444
A solid foundation for investing. I wish I could write some code and suck some money in.
Welcome to Goblin Town. That's the name given to a precipitous crash by crypto investors, and based on a recent Twitter Spaces that saw crypto people roleplay as goblins—incoherent gurgling and goblin-speak included—that's exactly where crypto is right now.
"Let's eat, eaaaaat," crypto investors said in a recording of a Twitter Space that went viral, before devolving into guttural yelps as one person tries to speak normally in the background. The Space was called "aaaaaaauuuuuGGGhhhh," and went on for two full hours once the goblins got going.
https://www-vice-com.cdn.ampproject....www.google.com
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05-27-2022, 09:35 PM #9445
Bitcoin....who's gotten into it?
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05-28-2022, 05:29 AM #9446
Celsius is under fud attack at the moment, mostly from competitors like Swan. But here's something else I was wondering about, kinda claiming that Celsius was responsible at least in part for UST downfall:
Two wallet addresses “significantly impacted the UST de-peg,” Nansen said, and one of them was associated with Celsius. The two addresses withdrew about 420 million UST from Anchor via 15 transactions, and they were the top wallets that used the Wormhole bridge to withdraw the funds into Ethereum at the time, Nansen said. Celsius was also “a close counterparty that has sent and received funds” from another wallet whose activities led to the de-pegging, Nansen said.
https://www.bloomberg.com/news/artic...es-nansen-saysLive each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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05-28-2022, 01:56 PM #9447
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05-28-2022, 10:26 PM #9448
Peak Irrationality? A New Clone Of The Failed TerraUSD Stablecoin Has Surpassed $550 Million In Market Cap
https://www.forbes.com/sites/omkargo...h=5fff66507b92
I guess by even mentioning this I'm shilling it. But Luna shills get a pass so I think I'm ok.
Strong buy. This is financial advice.
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05-28-2022, 10:44 PM #9449
This actually makes me laugh so much. If your momma names you Do, well, then I suppose you have to run with it, right?
Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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05-28-2022, 10:52 PM #9450
I'm selling everything and sinking it all into Tron. W 100x leverage. Thx Benny. Appreciate the sound financial advice!
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