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Bitcoin Heading to $20,000, More Damage to Come Says What's His Name!
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<p>[QUOTE="Kurisu, post: 8227985, member: 117063"]Here's the deal...consider me Mr. Oversimplification...</p><p>Bitcoin isn't going anywhere anytime soon.</p><p>Some of us predicted out loud (in crypto forums) that as crypto slowly got intermingled with real life assets and functionality that it would also start to be influenced by what major economies are doing (especially the USD) which is actually a touch ironic since the concept of Bitcoin was to not have it actually tied to any centralized fiat economy.</p><p><br /></p><p>Pro-tip...it's already clearly following the U.S. economy somewhat.</p><p><br /></p><p>My approach to choosing cryptos has been to have some of the larger stable ones like Bitcoin and Etherium and a handful of sometimes somewhat educated guesses based on things like how much a particular coin is getting mentioned a lot according to search analytics, who is offering the crypto and some credibility factors (likelyhood of a "rug-pull" but that's a whole other topic)...</p><p><br /></p><p>About half my crypto hodlings have outperformed my 401k for the last two years (except for the Nvidia stock I bought at about $50 a share in 2018 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie59" alt=":joyful:" unselectable="on" unselectable="on" />). But I put my actual investing/retirement money into my 401k and stocks.</p><p><br /></p><p>I don't put more into crypto than I would put into my coin collecting, it's modest and safe for my budget and always has been. I've always been in the crypto mindset that I need to be able to 100% loose that money in order for it to be both fun and a challenge...just like my poker tournaments.</p><p><br /></p><p>May I submit for your pro-tip approval...a 1 year scale of global crypto vs. NASDAQ. Tell me they don't look a bit similar <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie102" alt=":writer:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p>Fresh data as of about 10 minutes ago!</p><p>Compare...Discuss... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie77" alt=":pompous:" unselectable="on" unselectable="on" /></p><p><br /></p><p>[ATTACH=full]1446216[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Kurisu, post: 8227985, member: 117063"]Here's the deal...consider me Mr. Oversimplification... Bitcoin isn't going anywhere anytime soon. Some of us predicted out loud (in crypto forums) that as crypto slowly got intermingled with real life assets and functionality that it would also start to be influenced by what major economies are doing (especially the USD) which is actually a touch ironic since the concept of Bitcoin was to not have it actually tied to any centralized fiat economy. Pro-tip...it's already clearly following the U.S. economy somewhat. My approach to choosing cryptos has been to have some of the larger stable ones like Bitcoin and Etherium and a handful of sometimes somewhat educated guesses based on things like how much a particular coin is getting mentioned a lot according to search analytics, who is offering the crypto and some credibility factors (likelyhood of a "rug-pull" but that's a whole other topic)... About half my crypto hodlings have outperformed my 401k for the last two years (except for the Nvidia stock I bought at about $50 a share in 2018 :joyful:). But I put my actual investing/retirement money into my 401k and stocks. I don't put more into crypto than I would put into my coin collecting, it's modest and safe for my budget and always has been. I've always been in the crypto mindset that I need to be able to 100% loose that money in order for it to be both fun and a challenge...just like my poker tournaments. May I submit for your pro-tip approval...a 1 year scale of global crypto vs. NASDAQ. Tell me they don't look a bit similar :writer::wideyed: Fresh data as of about 10 minutes ago! Compare...Discuss... :pompous: [ATTACH=full]1446216[/ATTACH][/QUOTE]
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Bitcoin Heading to $20,000, More Damage to Come Says What's His Name!
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