Bitcoin Heading to $20,000, More Damage to Come Says What's His Name!

Discussion in 'Bullion Investing' started by fretboard, Jan 24, 2022.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Its all in the results, good results keep me coming back and tooting BTC,S horn
    so as long as I am making Money, I am all good, speaking of that my LCS is
    calling my name for another visit, and I can let them down, just hoping they have
    the right year Kruger for me if not, will see what they have to offer ;)
     
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  3. Two Dogs

    Two Dogs Well-Known Member

    Bernie Madoff kept his scheme (good results) going for about 20 years.
    Bitcoin has been going for about 12 years so far.
     
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  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I guess I should change my name to Bernie...LOL, iam sure he had plenty of
    these :), if not for sure something similar.
     
    Two Dogs likes this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  7. fretboard

    fretboard Defender of Old Coinage!

    Bitcoin has pumped up over $40,000 but is it a bull trap??! May be, I surely don't know but my guess is it won't go much higher at all. Another guess I have is many people may be buying right now! :happy: Just noticed, it pumped to over $41,000, winner winner chicken dinner or will it take a dive? :D

    https://coinmarketcap.com/
     
    Last edited: Feb 4, 2022
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    if you look at the low and now, there is several thousand dollars in there laying on the table, and guess what I picked it up, strange how that works...LOL
     
    fretboard likes this.
  9. -jeffB

    -jeffB Greshams LEO Supporter

    So when did you buy, and at what price? Were you buying all the way from $60K down to $35K? Or did you figure out the exact low point, and buy it all at that price?
     
    fretboard likes this.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    As I have said many times I have two accounts one that I bought way back when
    it was under 16K, but I have a no touch rule on that account and the other one I trade actively everyday, with BTC moving up and down hundreds if not thousands
    of dollars per cycle there is allot of money just waiting to be scooped up.
    remember BTC hit an all time high $67,549 on Nov 7 2021, so easy to calculate
    that it will eventually return to that or even surpass that number, so even at 40K
    you have allot of side based on pst results, for the individual investor its a choice
    but I here many say there going to wait until it gets below 20K, I cant tell the
    future but 20K, if it ever even approaches that will sell everything I own...LOL
    that would be an upside at max levels of 47K per coin !!
     
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  11. fretboard

    fretboard Defender of Old Coinage!

    Bitcoin is pumpin' upward today, is it a bull trap? :D I don't think so, with the Crypto bowl happening next week I'm expecting Bitcoin to make huge gains! thumbupp.gif
     
  12. Jedinited

    Jedinited Jayhawk Numismatist

    I have followed Bitcoin for a long time. It is, no doubt, an extremely high risk, volatile investment and not for everyone. Many people have and will get burned. Some have gotten rich...if they liquidated enough.

    Initially, I was very skeptical, as it is, quite literally, based upon nothing other than the willingness of people to own it. No 'full faith and credit" with a country's backing. I still question whether it will survive for the long haul, but given the irresponsible monetary policies of the US and others, who knows?

    Early on, it was not that easy to own. I missed one opportunity as a result before it made more national news. I bought a Bitcoin ETF shortly after it was established, when the value was around $4,000 per coin. I sold enough at a nice profit that what I have left invested is house money. My attitude is I will hold onto the rest of it, taking a chance that it will go sky-high as some predict. Haven't yet decided what the magic number might be to sell. ;) At the same time, I would not be a buyer at today's levels, but to each his own.
     
    midas1 likes this.
  13. Mr.Q

    Mr.Q Well-Known Member

    Gold, silver, American notes, CD's, savings, and our 401 has done wonders for us. Whatever is left our heirs can share. Live, learn, earn, spend, and goodbye. End of story.
     
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  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    You need to set a number and stick to it BTC is making some good and positive moves right now, taking in to consideration, making simple moves now can make
    you alloy of money, dont concentrate on the big picture look at what's happening daily thats where the gold star is :)
     
  15. chascat

    chascat Well-Known Member

    I've decided to buy in for $1 when bitcoin falls to 10c.
     
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  16. rte

    rte Well-Known Member

    Shoot me a PM when that happens....I'll put in $100.
     
    Two Dogs likes this.
  17. Two Dogs

    Two Dogs Well-Known Member

    Me too, let's get some tulip bulbs as part of a package deal.
     
  18. ToughCOINS

    ToughCOINS Dealer Member Moderator

    This coming from the guy who, as I recall, kept moving the goalposts when BTC was in decline.
     
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  19. Two Dogs

    Two Dogs Well-Known Member

    Watch out, you're challenging his religion.
     
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  20. baseball21

    baseball21 Well-Known Member

    Everytime I think the level of discussion in this thread couldnt get and less intelligent this thread always proves me wrong
     
    midas1 likes this.
  21. Two Dogs

    Two Dogs Well-Known Member

    It's better when we stick to the topic of coins, real coins.
     
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