Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

20210423 $$ BItCoin DROPS 11% in past 12 hours $$$ BUY? sell? Or HOLD?
Google ^ | None

Posted on 04/23/2021 1:11:18 AM PDT by FRinCanada2

As one who holds a variety of Cyber Currencies I am HOLDING rather than panic sell for significant losses over the past 24 hours I have been buying as the prices drop bit the price keeps dropping. What say you ?

(Excerpt) Read more at google.com ...


TOPICS:
KEYWORDS: 20210423; bitcoin; btc; crash; cryptocurrency; cybercurrency; elonmusk; ping; r; spartansixdelta; tesla
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-151 next last
To: Magnatron

Lol. Just curious since I believe the down tick in crypto currency is politically motivated and orchestrated. They are naturally volatile “investments” and most people I know buy and sell like penny stocks taking small gains rather that buy/hold as long term investments. Whenever I see a down tick I usually Buy buy buy on the way down then in a day or 2 they go Back up to the median price give or take a few pennies. The past 24 hours have been steady down. Which will get the attention of media and potentially cause a sell off.


41 posted on 04/23/2021 4:50:23 AM PDT by FRinCanada2 (#BOANERGES Season 2 Episode 2 of The Chosen will be released 4/12/2021 Are you Ready?)
[ Post Reply | Private Reply | To 39 | View Replies]

To: agere_contra

Or buy soap, toilet paper, and coffee and get rich when hyperinflation hits.


42 posted on 04/23/2021 4:52:20 AM PDT by greatvikingone
[ Post Reply | Private Reply | To 33 | View Replies]

To: FRinCanada2

Catch a falling knife


43 posted on 04/23/2021 4:58:36 AM PDT by Steven Tyler
[ Post Reply | Private Reply | To 1 | View Replies]

To: BiglyCommentary

Yep, I got a PhD in Amateur Trading in the 90’s with Terry McAulluf’sic World Com was it? Farmland only after that.


44 posted on 04/23/2021 5:02:25 AM PDT by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
[ Post Reply | Private Reply | To 15 | View Replies]

To: BiglyCommentary
From time to time there are new CC with new use cases. The binary beanie baby use case for ETH is an example. Yes, you don't own your beanie baby, you just own a deed on the ETH blockchain. But of course you don't own your home and land either. That's just a deed at the courthouse.

To look at CC properly you need to look at it the same way the IRS and SEC do. Which is two ways: first as a commodity like digital gold but with no intrinsic value. I pay 15% long term gains taxes on those commodity sales plus 5.75% more for the state of Virginia. Second as a security. XRP is a perfect example, premined, and sold like a security. It's also considered a commodity by the IRS, but you are buying into new use cases that XRP owners come up with.

There will be new binary commodities that will be currency and have other uses and have intrinsic value. Those will be more interesting because you can invest in data and services instead of just transactions like BTC (and BTC is not very good for transactions especially refunds).

45 posted on 04/23/2021 5:03:06 AM PDT by palmer (Democracy Dies Six Ways from Sunday)
[ Post Reply | Private Reply | To 38 | View Replies]

To: FRinCanada2
I believe the down tick in crypto currency is politically motivated and orchestrated

Every major price move in BTC has been orchestrated. It has never not been orchestrated since about 2017.

46 posted on 04/23/2021 5:04:38 AM PDT by palmer (Democracy Dies Six Ways from Sunday)
[ Post Reply | Private Reply | To 41 | View Replies]

To: Hot Tabasco

p


47 posted on 04/23/2021 5:05:34 AM PDT by Hot Tabasco
[ Post Reply | Private Reply | To 5 | View Replies]

To: Flick Lives
Not sure how one does due diligence on BTC.

You just did it, and quite well IMHO.

No company, no employees, no product, no service. NADA.

I'll just add my .02c (real worth 0c), that I believe it was created by the CIA for the SPECIFIC purposes of running the deep state cabal - drugs, child trafficking, and on and on, whatever monetary actions the DS does.

48 posted on 04/23/2021 5:09:11 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: FRinCanada2

For what it’s worth:

RT @RT_com Russia state-affiliated media

Crypto markets plummet over Biden tax fears
Bitcoin leads massive cryptocurrency market sell-off — RT Business News

The cryptocurrency market fell sharply on Friday amid concerns over new taxes that could be unveiled by US President Joe Biden, and after one of Turkey’s largest crypto exchanges went bust.

6:45 AM · Apr 23, 2021


49 posted on 04/23/2021 5:09:50 AM PDT by McGruff
[ Post Reply | Private Reply | To 1 | View Replies]

To: Magnatron
If you’re seeking financial advice from a bunch of keyboard warriors

Worth repeating. Again and again.

50 posted on 04/23/2021 5:11:35 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: C210N

Yes I’m sure all the banks started trading it, etf’s were created, and option’s, futures, derivatives, and defi all created and it’s going to go to zero. Right


51 posted on 04/23/2021 5:30:49 AM PDT by SquarePants (Everywhere is walking distance if you have the time)
[ Post Reply | Private Reply | To 13 | View Replies]

To: FRinCanada2

Buying Crypto Currency as an investment is insane. It should be owned as a speculative wild ride which is fine, just don’t count on putting your kids through college on the stuff.


52 posted on 04/23/2021 5:40:16 AM PDT by cornfedcowboy ( )
[ Post Reply | Private Reply | To 16 | View Replies]

To: cornfedcowboy

Yep, and if you havn’t heard this before, let me state “you heard it here first”.

As the famous philosopher Nanzi said all the time: ‘you can take that to the bank’


53 posted on 04/23/2021 5:49:48 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: cornfedcowboy

Great way to put it.

My son is doing just that - small amount, “a speculative wild ride”. Learning experience.


54 posted on 04/23/2021 5:51:05 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: C210N

https://www.tahoedailytribune.com/news/opinion/letter-time-to-remove-the-gag-orders/

That “ NESARA/QFS” is crazy. Makes no sense from any angle.

Bitcoin will go down in time.


55 posted on 04/23/2021 5:53:20 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: ConservativeMind

I read your link. Looks like a decent LTE letter. Captures in bullet form some NESARA/QFS highlights.


56 posted on 04/23/2021 5:58:23 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
[ Post Reply | Private Reply | To 55 | View Replies]

To: aMorePerfectUnion

HODL = “Hold On, Don’t Laugh”


57 posted on 04/23/2021 6:00:31 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: aMorePerfectUnion

Ping.


58 posted on 04/23/2021 6:04:07 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fury

I’d say don’t put in Breaking News.

———————————————————

I’d say you were right. Breaking News is for Freepathon threads and old Sunday Morning talk show threads


59 posted on 04/23/2021 6:06:57 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: montag813

Really? Ethereum is down 12.53% at this time.


60 posted on 04/23/2021 6:09:44 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
[ Post Reply | Private Reply | To 26 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-151 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson