"No Martha, you made up your mind on your own, you live it alone".
Bit Coin is notoriously unstable . Just hold on.
Pin
Bubble
*pop*
I only had about $40 on Coinbase and it turned into $27 at which point I converted my Ethereum into Dai... which means that Ethereum will probably skyrocket to never before seen highs very soon. I know this because I can make it rain by leaving my car windows rolled down.
Weak hands and short-term traders will fold while long-term holders will HODL and buy the dip.
I’d say don’t put in Breaking News.
Keep averaging down to ZERO. It’s what AMATEUR TRADERS do.
HODL for the moon. 🚀🚀
Time is your friend.
When in doubt.... Just zoom out and look at the price over the years.
The worst thing you can do is trade an asset for a liability like fiat.
Because you are taxed on it and you lose your asset.
The name of the game is accumulation, and then learn how to use your asset.
Ethereum has really shined in the face of this massive selloff.
HODL
The sky is falling. A currency can’t be worth more than the combined wealth of the entire world. Not really.
Alasdair Macleod has been showing graphs showing a very ugly pattern developing in Bitcoin right down to this month, this week, almost this day.
My advice: take the loss, get out now. Buy physical or privately vaulted silver.
"No Martha, you made up your mind on your own, you live it alone".
All Versions
http://www.gutenberg.org/ebooks/24518
HTML Version
http://www.gutenberg.org/files/24518/24518-h/24518-h.htm
Volume I.
Contents.
List of Engravings.
Preface.
The Mississippi Scheme.
The South-Sea Bubble.
The Tulipomania.
The Alchymists.
Modern Prophecies.
Fortune-Telling.
The Magnetisers.
Influence of Politics and Religion on the Hair and Beard.
Volume II.
Contents.
List of Engravings.
The Crusades.
The Witch Mania.
The Slow Poisoners.
Haunted Houses.
Popular Follies of Great Cities.
Popular Admiration of Great Thieves.
Duels and Ordeals.
Relics.
I’d hold silver and gold myself, bits and bytes are not money as much as linen fiat isn’t money anymore. Silver and Gold are money. Supply is limited, source is known, and value is in the usefulness. Bitcoin always seemed like a scam to me, and powerful computing will break the bitcoin eventually and it will all be worth zero. So if you are UP and want to take your profit, then convert to something tangible, Land, Precious metals, something that is physical and not in the electronic blips on some far flung server.
So the total MONETARY BASE of all cryptos keeps getting expanded and expanded by new coins continually popping up like weeds. That sounds like constant money printing.
If you’re seeking financial advice from a bunch of keyboard warriors — some typing from their mom’s basement and others worshiping a letter — you’re in trouble as an investor...
Catch a falling knife
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
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