I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.
What DO you understand? Here is Milton Friedman in ‘99. After I saw this vid in 2014, I was in!I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.
I've read that 33k is the floor. I'm ready to buy more but just hoping I time it right. I got out of matic at $2.44. Got in at 34¢Looks like I bought too early in the dip lol. Bitcoin under 40k now.
A drop of 34% in a week, for an asset that wasn't a penny stock but rather over $55k per 'share', WAS your 'crash' course. Know your tolerance for riskI need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.
Since you said "overnight," I must disagree. Most crypto holders I imagine are speculating. I have a fair bet that more "normal" people have become rich from crypto, than Tesla.A drop of 34% in a week, for an asset that wasn't a penny stock but rather over $55k per 'share', WAS your 'crash' course. Know your tolerance for risk
When there is no underpinning value to the asset other than contrived scarcity, caution is always indicated. If you want overnight riches, Tesla would have been a 'better' play, since there is actually some there, there
Remember, the best way to make a small fortune speculating in the market is to start with a large one
ChinaAny theories on what caused the big dip recently? I haven’t been in the game long enough to see any trends.
It was a coordinated attack to liquidate a large holder. They even posted the times when things would happen. Lots of discussions about what happened. people got wrecked yesterday.Any theories on what caused the big dip recently? I haven’t been in the game long enough to see any trends.
What DO you understand? Here is Milton Friedman in ‘99. After I saw this vid in 2014, I was in!
and the USA threatening regulations, which are inevitable.China
A currency that's not useful as a currency poses no threat at all.And this is exactly why governments will all seek to control, outlaw or otherwise mess up cryptocurrencies.
cryptos are a threat to governments power and if there is anything that history should have taught us, it is that governments do not take threats to their power lightly.
Yep. No biggie, I'm long on doge and bought at $0.079507and the USA threatening regulations, which are inevitable.
I thought this originally. No govt is able to control Bitcoin. Outlawing it is futile. Their best bet is to “try” regulating it, and even that, will have to be done by “gentleman’s agreement.”And this is exactly why governments will all seek to control, outlaw or otherwise mess up cryptocurrencies.
cryptos are a threat to governments power and if there is anything that history should have taught us, it is that governments do not take threats to their power lightly.