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Featured Replies

 

  • 4 weeks later...
  • Author
On 11/19/2022 at 11:18 PM, mattmcginley7 said:

Everyone would love to sell the top and buy the bottom. It never happens that way though 

I still think 1 Bitcoin will eventually be worth at least $500k. At current prices, that's 30x more than what it's currently worth

If I'm right, I'll be glad I didn't sell at $60k.

 

The concern for me, FTX blowing up and every person you know with only a limited understanding of crypto now not liking it sure sound to me like very heavy buy signals

 

On 11/19/2022 at 11:13 PM, mattmcginley7 said:

Of course I'm doing okay. I've bought more lol

I love that I buy the bottom every f'ing cycle

52 minutes ago, mattmcginley7 said:

 

I love that I buy the bottom every f'ing cycle

:ph34r:

My grandpa gave me three pieces of advice before he passed away:

1) Any meal that doesn't have meat is a snack.

2) Never trust a fart

3) Don't take crypto advice from noobs who can't embed twitter links on the EMB

  • Author
21 minutes ago, we_gotta_believe said:

My grandpa gave me three pieces of advice before he passed away:

1) Any meal that doesn't have meat is a snack.

2) Never trust a fart

3) Don't take crypto advice from noobs who can't embed twitter links on the EMB

Gotta buy back higher now huh 

  • 1 month later...
  • Author
On 11/19/2022 at 7:56 PM, DEagle7 said:

Has anyone checked in on @mattmcginley7?

Your doing OK bud?

ETFs approved tomorrow 

BTC up 3x since this day

Coinbase barely in the top 500 in downloaded apps 

Did none of you buy when there was blood in the streets? Only me?

23 minutes ago, mattmcginley7 said:

ETFs approved tomorrow 

BTC up 3x since this day

Coinbase barely in the top 500 in downloaded apps 

Did none of you buy when there was blood in the streets? Only me?

Hey good for you. Hope it works out this time. I'm just here for the memes. Y'all have fun with your dystopian internet currency. 

  • Author
3 minutes ago, DEagle7 said:

Hey good for you. Hope it works out this time. I'm just here for the memes. Y'all have fun with your dystopian internet currency. 

Guaranteeing a currency can't be debased and maximizing control over your own funds some people would argue is the exact opposite of dystopian 

Year Ender: 25 Best Crypto Jokes & Memes of The Year 2022

Bitcoin ETFs are trading today. Where are these things going?

Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop?

21 minutes ago, HazletonEagle said:

Bitcoin ETFs are trading today. Where are these things going?

Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop?

yes

Well I bought a couple shares of IBIT. Hopefully Ill be rich soon.

45 minutes ago, HazletonEagle said:

Bitcoin ETFs are trading today. Where are these things going?

Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop?

ETFs will be as volatile as the underlying asset they represent. The theory is that the creation of ETFs will allow more investment by both institutional investors and retail investors, and that added liquidity will reduce volatility over time. However, this is a rather unique situation, as people have been trying to get a spot bitcoin ETF approved for nearly a decade. So the argument is most of those institutional/retail investors already found a way to trade bitcoin in the interim, so the incremental liquidity may not be that much. As an example, JPM didn't allow personal accounts to buy GBTC; I am asking what their policy on the ETFs will be.

My personal opinion is that while this may lead to wider adoption, Bitcoin itself remains a highly speculative investment that will continue to be volatile. If you can't handle the volatility, I'd stay away. 

It's already down 3 dollars from where I bought it. 

#winning

Yeah, the fluctuations have been crazy lately. At around 9:50 this morning bitcoin was trading at $48.9K, now it's trading at $46.2K and by the time I press submit on this post that will probably be off by a few hundred bucks.

4 minutes ago, Kz! said:

Yeah, the fluctuations have been crazy lately. At around 9:50 this morning bitcoin was trading at $48.9K, now it's trading at $46.2K and by the time I press submit on this post that will probably be off by a few hundred bucks.

That $1.50 you set aside to invest must be on a wild ride today.

Buy the rumor, sell the news

Btc has doubled since basically October and is time for a bit of a cooling off for a few months in my opinion. 

10 minutes ago, VanHammersly said:

That $1.50 you set aside to invest must be on a wild ride today.

:roll:

  • 1 month later...
  • Author

Hope everyone bought when they were asking me if I was okay instead of laughing at me

Just now, mattmcginley7 said:

Hope everyone bought when they were asking me if I was okay instead of laughing at me

1259478851_mega-man-derp(1).gif.e3f2b982cffee6874583e24861d86767.gif

  • Author
On 11/19/2022 at 8:20 PM, Boogyman said:

He is probably in recovery after selling one of his kidneys.

It's not too late my guy! $500k is a 10x from here. All you have to do is stop being stubborn and stupid 

34 minutes ago, mattmcginley7 said:

It's not too late my guy! $500k is a 10x from here. All you have to do is stop being stubborn and stupid 

derp-duh.gif.d8629566e9b192baa37506b0dfb6593e.gif

  • 2 weeks later...
  • Author
On 11/19/2022 at 9:29 PM, Jsvand12 said:

I’m sure he’ll still say he’s glad he held instead of selling when it went over 60k.

🙂

  • Author

I will be absolutely unbearable when we hit 100k. Many of you will be better off never entering this thread again on that day 

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