Anyone invest in Cryptocurrency?

Apr 7, 2014
3,983
1,293
I lost more in stocks, mutual funds, etc. this year than in cryptocurrency, the main difference being that I'm still slightly up in those things as opposed to traumatized by the cryptocurrency market.
 
Reactions: OldBoy
Jun 4, 2013
1,487
469
No one knows for sure but the "experts" who have a good track record say the bottom will be in January or Q1. 1.8k-2.5k bottom. This is a relief rally.
I know what the experts say but you never know, FOMO could set in at anytime and drive things up.
 
Apr 7, 2014
3,983
1,293
I know what the experts say but you never know, FOMO could set in at anytime and drive things up.
You can look up a two year graph of the S&P 500:
https://www.marketwatch.com/investing/index/spx/charts
You can look up a two year graph of Bitcoin here:
https://coinmarketcap.com/currencies/bitcoin/#charts

Both steadily gained through 2017 (for the most part). Both hit a peak within a month of each other at Dec/Jan about a year ago. The S&P 500 had crashed by March. Bitcoin crashed in April. The S&P 500 hit the dumps in October and has basically been horseshit since then. The bottom fell-out of Bitcoin a few weeks later and it's been a tragedy ever since.

It is not a coincidence that these things are mirroring each other. When money goes into the S&P 500, a small percentage of that also goes into Bitcoin, which can be enough to rapidly drive the price up; the opposite is true when the S&P 500 crashes. The price of Bitcoin therefore is dependent on things that have nothing to do with cryptocurrency, such as Donald Trump shaking the correct Chinese man's hand. A Bitcoin rebound can happen, but it most likely will be 2-4 weeks after the S&P 500 recovering.
 
Reactions: REDC

REDC

Boxer-puncher
Dec 12, 2015
1,601
363
I had a small btc order filled at 3200. Will probably sell soon and buy back in lower.
 

REDC

Boxer-puncher
Dec 12, 2015
1,601
363
Mainly Elastos, Wan, ICX, Fusion, Vechain, Matrix, Nano and of course Bitcoin. What about you @REDC ?

Homeruns, But not buying till 2019. No rush. BTC is going down to 1.8-2.5k (The bottom)
Might have a rally on alts they are all oversold.

Just got catch the bitcoin next bullrun then sell and put all all that money in alts, catch the altseason then get the fuck out out till the next market cycle
Easier said than done :rofl
Same here: WAN, ICX and AION. Started scaling into Quant and Quarkchain.
On my watchlist and looking to add at some point: Swarm, Own, Dash, GVT, OMG, Link, RVN, ZIL.
Bit too many so well see. Mind you we're still in a bear market so when I see 50% profit I take it.
 
May 22, 2013
1,186
364
Same here: WAN, ICX and AION. Started scaling into Quant and Quarkchain.
On my watchlist and looking to add at some point: Swarm, Own, Dash, GVT, OMG, Link, RVN, ZIL.
Bit too many so well see. Mind you we're still in a bear market so when I see 50% profit I take it.
are quarkchain doing another ico for the rest of their tokens?
 
May 22, 2013
1,186
364
Same here: WAN, ICX and AION. Started scaling into Quant and Quarkchain.
On my watchlist and looking to add at some point: Swarm, Own, Dash, GVT, OMG, Link, RVN, ZIL.
Bit too many so well see. Mind you we're still in a bear market so when I see 50% profit I take it.
Will add Aion on my watchlist to. Not buying till 2019
 
Reactions: REDC
May 16, 2013
20,531
8,690
Scotland
Just checked the market there.

Fuck me.

It's no wonder people can make billions on this shit show, man.

See if you managed the utter fuck out of your orders surely you could turn a ridiculous profit? Given the volatility though it'd need to be a minute by minute fuckin undertaking though.
 
Reactions: REDC

REDC

Boxer-puncher
Dec 12, 2015
1,601
363
are quarkchain doing another ico for the rest of their tokens?
No they have a token release schedule:

"30% of tokens after 9 months (early June 2019), 30% token after 12 months (early Sep. 2019), 20% token after 15 months (Early Dec. 2019)."
 

REDC

Boxer-puncher
Dec 12, 2015
1,601
363
1-1.2k would surpise me would have to have some really bad news to go that low. Maybe 1.8-2.5 is the bottom but who knows. I will be buying if it ever did go that low.
The lower the better.
One wouldn't know what the bottom was until in hindsight..