FabSwingers.com forum: Crypto

By (user no longer on site) OP
over a year ago

Disclaimer: I have no idea what the fuck I'm talking about yet, but:

Set some money aside to "buy the dip", as they say, but seeing BTC plummet even further today has got me rethinking. Anyone buying right now, or is it better to wait?

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By *rwhowhatwherewhyMan
over a year ago

Aylesbury

I'm not, but I eschew cryptocurrencies

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By (user no longer on site) OP
over a year ago

"I'm not, but I eschew cryptocurrencies "

Thanks for your input

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By (user no longer on site)
over a year ago

i haven't got a single scooby about anything crypto-related.

maybe i'll learn about it when im a grown-up.

Sorry OP.

but boosting for you nonetheless

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By *rwhowhatwherewhyMan
over a year ago

Aylesbury

"I'm not, but I eschew cryptocurrencies

Thanks for your input

You are most welcome

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By *osaint1971Couple
over a year ago

Near Taunton

I have been hodling since 2017. If I had ammo I would buy btc and maybe eth. I reckon the party is over for the sh1tcoins

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By (user no longer on site) OP
over a year ago

"I have been hodling since 2017. If I had ammo I would buy btc and maybe eth. I reckon the party is over for the sh1tcoins"

I'm looking at more day trading strategies. I don't think I'd have the patience to hold

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By *lynJMan
over a year ago

Morden

"I have been hodling since 2017. If I had ammo I would buy btc and maybe eth. I reckon the party is over for the sh1tcoins

I'm looking at more day trading strategies. I don't think I'd have the patience to hold

Don't trade crypto then. Trade something safer.

I don't know what I'm talking about either but crypto seems like smoke and mirrors to me.

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By *osaint1971Couple
over a year ago

Near Taunton

90% of traders get rekt. I am happy to sit on my BTC for the next 5 to 10 years. Now is a good time to buy, this morning when it went below 27k was better but whatyagonnado

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By *osaint1971Couple
over a year ago

Near Taunton

Fiat currencies are backed by nothing except guns and power. If you doubt crypto get gold or silver. All fiat goes to zero if you wait long enough

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By *litterbabeWoman
over a year ago

hiding from cock pics.

I really don't know very much about it but I think that bitcoin will come back up and be worth for more than it is now in the long-term future.

I think it's really hard to know when the bottom of the dip is, and time it right to buy there, so I think it could be a good time to buy.

Check out luna, the bottom has totally fallen out of it in the last few days especially today.

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By (user no longer on site) OP
over a year ago

Might buy tonight and start with tiny increments while I'm still learning

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By (user no longer on site)
over a year ago

Buy high, sell low.

That's the crypto way

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By *osaint1971Couple
over a year ago

Near Taunton

Luna got attacked by Blackrock/ Citadel. They borrowed 1B in BTC and traded it for UST. They then sold all of the UST. Blackrock are the ones who will own everything eventually...you know, you will own nothing and be happy...those guys

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By (user no longer on site)
over a year ago

"Disclaimer: I have no idea what the fuck I'm talking about yet, but:

Set some money aside to "buy the dip", as they say, but seeing BTC plummet even further today has got me rethinking. Anyone buying right now, or is it better to wait? "

Buy buy buy.

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By (user no longer on site)
over a year ago

"Luna got attacked by Blackrock/ Citadel. They borrowed 1B in BTC and traded it for UST. They then sold all of the UST. Blackrock are the ones who will own everything eventually...you know, you will own nothing and be happy...those guys"

Total market manipulation here. Thank god I sold my luna last week at £71. There were rumours of this coming for few weeks. Once luna is pegged again should hopefully go back up

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By *idnight RamblerMan
over a year ago

Pershore

But what are you buying actually? Other asset classes like stocks, bonds, gilts, property have some intrinsic value. Crypto does not, and are essentially a Ponzi scheme, relying on trust that more people buy-in. That's not to say that you won't make gains on your investment, but just be mindful of the risk.

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By *osaint1971Couple
over a year ago

Near Taunton

With all of the money printing going on everything is now a giant bubble. It's gonna pop. Hard assets will be useful but any form of fiat including bonds will be inflated away into nothing Weimar Republic/ Venezuela/ Zimbabwe style. There's a good chance that the Yuan will be the new reserve currency or it might be bitcoin which is backed by proof of work and the world's most powerful computer network or it could even be gold. I don't know, it's a hunch based upon maths and history. They'll keep the party going as long as they can but we can all feel what is coming.

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By *osaint1971Couple
over a year ago

Near Taunton

Well done for bailing on Luna. I think it's now dead.

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By *rontier PsychiatristMan
over a year ago

Coventry

I bought a bit off the advise of a guy in a hot tub. I had a small bit of money laying around doing nothing. It was pretty cheap back then. Anyway I've pretty much forgot about it. My plan is simply to see where it's at in 10 years time. I don't understand it, my life is busy so I'll leave all the trading to those with an intrest in it.

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By (user no longer on site)
over a year ago

[Removed by poster at 12/05/22 18:53:53]

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By (user no longer on site)
over a year ago

I call bullish

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By *inister_SpinsterWoman
over a year ago

North West

"Disclaimer: I have no idea what the fuck I'm talking about yet, but:

Set some money aside to "buy the dip", as they say, but seeing BTC plummet even further today has got me rethinking. Anyone buying right now, or is it better to wait? "

It's unregulated so as long as you don't mind losing all your money, go for it.

* Other investment products are available..

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By (user no longer on site)
over a year ago

Generally you need to invest heavily in GCT, but I'd avoid the BDP!!

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By *inky-MinxWoman
over a year ago

Grantham

I've read quite a bit about it.

But still have no idea

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By *llSxy4UTV/TS
over a year ago

London & SE

[Removed by poster at 12/05/22 19:21:35]

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By *osaint1971Couple
over a year ago

Near Taunton

Legend

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By *viatrixWoman
over a year ago

Redhill

What crypto wallets can peeps recommend?

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By (user no longer on site)
over a year ago

Holding mine

Lucky I’ve not got any of the shitter ones

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By *osaint1971Couple
over a year ago

Near Taunton

I use a ledger, cold storage.

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By (user no longer on site)
over a year ago

"What crypto wallets can peeps recommend?

If I was a betting man I'd use coinbase

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By *agerMorganMan
over a year ago

Canvey Island

I’m not buying anything right now, market is waaay too volatile.

Shame about the Luna folk getting rugged.

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By *itygamesMan
over a year ago

be sure what your actually buying i guess

is it legal tender

could it be banned and no refunds

could the company your buying from just go bankrupt overnight

is it worth it ? i.e are you going to risk a few hundred just to make a few hundred.

ive a couple of grands worth of shares with a huge company that continue to rise yearly and steadily...less risk for me and pretty much zero stress

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By (user no longer on site)
over a year ago

Crypto isnt dead, but us seasoned traders saw this coming and sold.

Ive traded in crypto for 9 years and been mining for 3 years also do bi weekly seminars. for the first time in 9 years i have zero crypto currency, I sold every asset just holding my NFT's & metaland.

Is today the day to buy? Maybe but i wont be i think another 20ish% fall before ill buy but i most definitely will be.

LUNA was a fall coin as is STABLE (pump and dump) luna was a very very slow coin which lead to unstability which in turn was its down fall. Also coinbase

shit platform that always a red flag imo.

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By *oitering-With-intentMan
over a year ago

city of Lodon

I'm waiting to buy into a project that should go live in May or June.

Dollar cost averaging is an easy strategy especially if you start buying in after a big dip.

Don't do trading because everything becomes a taxable event and capital gains tax will take a large chunk of your profits.

do some research on capital gains tax so you don't have a big tax bill once you've made some money.

if you want a passive income have a look at stakingrewards. com or look at staking pools.

Never invest in something you don't understand.

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By (user no longer on site) OP
over a year ago

"Crypto isnt dead, but us seasoned traders saw this coming and sold.

Is today the day to buy? Maybe but i wont be i think another 20ish% fall before ill buy but i most definitely will be.

LUNA was a fall coin as is STABLE (pump and dump) luna was a very very slow coin which lead to unstability which in turn was its down fall. Also coinbase

shit platform that always a red flag imo.

Wow an actual expert! Do you have a YouTube channel or any online content you could DM me?

Also would you recommend buying NFTs instead then?

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By *litterbabeWoman
over a year ago

hiding from cock pics.

"Crypto isnt dead, but us seasoned traders saw this coming and sold.

Is today the day to buy? Maybe but i wont be i think another 20ish% fall before ill buy but i most definitely will be.

LUNA was a fall coin as is STABLE (pump and dump) luna was a very very slow coin which lead to unstability which in turn was its down fall. Also coinbase

shit platform that always a red flag imo.

Wow an actual expert! Do you have a YouTube channel or any online content you could DM me?

Also would you recommend buying NFTs instead then? "

Watching and learning

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By (user no longer on site)
over a year ago

I have enjoyed watching Luna the last couple of days. Sorry for those people with a lot of cash in it.

Madness what a hedge fund can do when it wants to fuck with something.

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By (user no longer on site)
over a year ago

"Crypto isnt dead, but us seasoned traders saw this coming and sold.

Is today the day to buy? Maybe but i wont be i think another 20ish% fall before ill buy but i most definitely will be.

LUNA was a fall coin as is STABLE (pump and dump) luna was a very very slow coin which lead to unstability which in turn was its down fall. Also coinbase

shit platform that always a red flag imo.

Wish I knew more about NfT’s

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By (user no longer on site)
over a year ago

"Crypto isnt dead, but us seasoned traders saw this coming and sold.

Is today the day to buy? Maybe but i wont be i think another 20ish% fall before ill buy but i most definitely will be.

LUNA was a fall coin as is STABLE (pump and dump) luna was a very very slow coin which lead to unstability which in turn was its down fall. Also coinbase

shit platform that always a red flag imo.

Wow an actual expert! Do you have a YouTube channel or any online content you could DM me?

Also would you recommend buying NFTs instead then? "

I did but do them at a local health club/gym near me. Id never recommend what too buy as its always a risk lovely.

However NFT's are a good road to spur off too... but do your research read read and read then make what you want of it. Coins are by no means dead but use this time to read in depth, watch impartial youtube vids ect. But remember if someone is pushy into buying a sertain project then its a red flag. Ive seen this fall since nov time so have slowly been selling up to get the best from each project.

This crash was predicted feb/march but with the release of stable slow coins many inc myself jumped on, then 'newbies' and inexperienced (who say these less volitile coin as a wise move) pumped it which lead to the experienced 'dumping' it and we did well.

You want established coins that follow the larger coins (btc/eth) ect, as a tip solana COULD be a good move (im not saying invest) but its a 'safer' move and low atm.

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By *leasurabletimes1Man
over a year ago

Tidworth

I’ve got loads of XRP and holding I’m hoping to wait till that rises at the moment it’s all falling at the think the stable “currency trading coins” are crashing all are panicking. I get it, but I’m staying fast investing it in locks takes and gathering more as I wait. I’m thinking of getting some Luna but not ?? % on that one..

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By (user no longer on site)
over a year ago

"I’ve got loads of XRP and holding I’m hoping to wait till that rises at the moment it’s all falling at the think the stable “currency trading coins” are crashing all are panicking. I get it, but I’m staying fast investing it in locks takes and gathering more as I wait. I’m thinking of getting some Luna but not ?? % on that one.."

Avoid luna.

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By *litterbabeWoman
over a year ago

hiding from cock pics.

Coin Bureau on you tube is a fabulous impartial channel to follow (imho)

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By (user no longer on site) OP
over a year ago

After I posted this thread I decided I probably didn't know enough about crypto to invest and decided to hold off until I did.

Boy am I glad

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By *untimes6969Man
over a year ago

Newcastle upon Tyne

All about timing and patience plus making informed decisions! Do the research, take your time - consider other investments too, spread the risks!!

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By *idnight RamblerMan
over a year ago

Pershore

You may have some success riding the crypto market, but be careful. It's hard to see how any asset class with no underlying value surviving indefinitely.

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By (user no longer on site)
over a year ago

I did say this crash was comeing when the miners started flooding the market with GPUS the gig was up

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