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  1. #691
    banned NorwichGrad's Avatar
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    Originally Posted by induced_drag View Post
    Deed was done today.... Last of my deposits cleared...and had to make my last buy at 59.

    Now it is sit and wait.... I think the next 2 weeks will be big. Already 'up' 2k on the entire purchase, but I know that evaporates in a matter of a few minutes of trading

    But shocked to find myself taking this risk this far down the line....

    I have a buddy messing with 'alts' and I have resolved that I dont have time to follow or research. And my goals at this point are still long(er) term (year plus)


    So FREAKING mad I stopped buying at 12500 trying to keep my DCA as low as I could..... But even back then I had doubts. Over these last few months, especially with very real inflationary trends appearing, I am having more confidence in this.
    Good decision. BTC will easily hit 72K this month.
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  2. #692
    Powerlifting in disguise induced_drag's Avatar
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    If anyone had any thoughts of entering BTC (in my opinion) now is the time.

    History has shown that periods of stagnation like this typically end in a BIG breakout. The upside of the coming one being 100 to as high as 150.

    JP Morgan putting fourth very positive sentiment about institutional investing in BTC, crazy amount of money printing, coin base IPO coming. I think the perfect storm will be hitting.

    Of course this may not happen. But there is a LOT of speculation of a very high break out looming and metrics are all pointing that direction.

    This time I can say I put my money where my mouth is.

    Good luck....If anyone was considering it, I would get in sooner than later.
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  3. #693
    maybenotabot ChazWood's Avatar
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    Originally Posted by induced_drag View Post
    If anyone had any thoughts of entering BTC (in my opinion) now is the time.

    History has shown that periods of stagnation like this typically end in a BIG breakout. The upside of the coming one being 100 to as high as 150.

    JP Morgan putting fourth very positive sentiment about institutional investing in BTC, crazy amount of money printing, coin base IPO coming. I think the perfect storm will be hitting.

    Of course this may not happen. But there is a LOT of speculation of a very high break out looming and metrics are all pointing that direction.

    This time I can say I put my money where my mouth is.

    Good luck....If anyone was considering it, I would get in sooner than later.
    Dude, there are other, less stressful hobbies. Like base jumping.

    Sounds like the main work is done, so sit back and try to relax. Good luck.
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  4. #694
    Trancebrah _zman's Avatar
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    Just bought some (ETHE). Never thought I'd buy crypto, felt like doing something riskier than ARK.
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  5. #695
    banned NorwichGrad's Avatar
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    Bitcoin will go up and bitcoiners will make money.

    Ethereum will go up and ethereumers will make money.

    But something else to consider: XRP is the chosen coin of the central bankers to address the liquidity crisis. It is faster (transact in less than 4 seconds); cleaner (no carbon footprint like BTC); and cheaper (much cheaper than ethereum - 10 dollars versus less than a cent per transaction).

    XRP busted thru a critical level of 1 dollar.

    Next resistance level is 10 bucks.

    Imagine your fiat going tenfold on the first cycle. Then imagine tenfold and tenfold again the following cycles.

    Edit:

    Bitcoin already hit 71K in South Korea exchanges. It will soon hit the US as predicted.

    https://www.reddit.com/r/CryptoCurre...rea_as_kimchi/
    Last edited by NorwichGrad; 04-06-2021 at 11:51 PM.
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  6. #696
    Registered User Jtbny's Avatar
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    Originally Posted by induced_drag View Post
    If anyone had any thoughts of entering BTC (in my opinion) now is the time.

    History has shown that periods of stagnation like this typically end in a BIG breakout. The upside of the coming one being 100 to as high as 150.

    JP Morgan putting fourth very positive sentiment about institutional investing in BTC, crazy amount of money printing, coin base IPO coming. I think the perfect storm will be hitting.

    Of course this may not happen. But there is a LOT of speculation of a very high break out looming and metrics are all pointing that direction.

    This time I can say I put my money where my mouth is.

    Good luck....If anyone was considering it, I would get in sooner than later.
    I know its silly but I can't bring myself to buy at these levels. Hell, I was messing with it at 9k and still felt that way

    But you were absolutely right so far. 100k is within its reach.
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  7. #697
    Powerlifting in disguise induced_drag's Avatar
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    @NG, I bought a BUNCH of XRP back in 2017. It spiked to $3.00. I did not like a lot of the fundamentals of how it was run. Seemed like the 'owners' of the coin held way too much and were selling off 'cashing in'. But I guess that is no more crooked than 'normal' bankers.

    It is a usefeul coin and at one time it was in play for a SWIFT replacement. I sold off all mine in at .3 (when BTC was still $6000) so I did pretty good considering . Would be the same as it being 3.00 since my transfer to BTC has gone up 10x. I am too gun shy now about most alts besides ETH.


    Originally Posted by Jtbny View Post
    I know its silly but I can't bring myself to buy at these levels. Hell, I was messing with it at 9k and still felt that way

    But you were absolutely right so far. 100k is within its reach.
    Yep. I totally understand. It would be tough for me also (and was). The one thing that some non-crypto people dont understand (I am sure you do) is you can buy any increment you want. It is not like stock where you have to buy an entire share. I only say this because I had a friend who felt btc was 'too expensive' for him to invest in.

    Good luck whatever you decide. There is still significant risk. I see growth the at least into Q3 or Q4. It may sell off and cool off with the BIG pop being the next halving in 2024. I am going long term.

    I think the corporate money may keep the sell off from going too deep as the people taking profits may all get scooped up by large parties given the more favorable sentiment as well as the dollar and inflation pressures ever looming.
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  8. #698
    Registered User Payton1221's Avatar
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    Originally Posted by Jtbny View Post
    I know its silly but I can't bring myself to buy at these levels. Hell, I was messing with it at 9k and still felt that way
    LOL. I sold when it was ~16,000 and that's when it really got hot
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  9. #699
    banned NorwichGrad's Avatar
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    Originally Posted by induced_drag View Post
    @NG, I bought a BUNCH of XRP back in 2017. It spiked to $3.00. I did not like a lot of the fundamentals of how it was run. Seemed like the 'owners' of the coin held way too much and were selling off 'cashing in'. But I guess that is no more crooked than 'normal' bankers.

    It is a usefeul coin and at one time it was in play for a SWIFT replacement. I sold off all mine in at .3 (when BTC was still $6000) so I did pretty good considering . Would be the same as it being 3.00 since my transfer to BTC has gone up 10x. I am too gun shy now about most alts besides ETH.





    .
    Well done and completely understood.

    Jay Clayton was chairman of the SEC when XRP skyrocketed to 3 bucks and then dropped like a rock because it had no technical support.

    Jay Clayton also has ties to ethereum when the SEC sued Ripple. (Ripple will win, btw).

    So speaking of corruption, you are right. Ripple is just like the other corrupt banks. And so is Ethereum. This is why I have cryptos other than XRP. Just in case. LOL.

    And the other thing to keep in mind is that China now 'owns' bitcoin since at least 60% of the mining takes place in China.

    But you are smart.

    I am smart.

    We are all smart enough to agree to the following strategy:

    Make profit and don't get too emotionally tied to any digital 'asset.'

    This is one ^^ reason why I convert my digital assets to real money: Silver, which is gold on steroids that is also heavily manipulated by the banks. One day it shall be set free.

    In the meantime, let's all make some madgainz in the greatest wealth transfer that too few are willing to take advantage of.

    PS - The cashing in you speak of is true. But that's because it was the commitment the owners made. To sell when it hit a certain level. The owners still have some XRP in their bags.
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  10. #700
    Trancebrah _zman's Avatar
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    Originally Posted by NorwichGrad View Post
    Well done and completely understood.

    Jay Clayton was chairman of the SEC when XRP skyrocketed to 3 bucks and then dropped like a rock because it had no technical support.

    Jay Clayton also has ties to ethereum when the SEC sued Ripple. (Ripple will win, btw).

    So speaking of corruption, you are right. Ripple is just like the other corrupt banks. And so is Ethereum. This is why I have cryptos other than XRP. Just in case. LOL.

    And the other thing to keep in mind is that China now 'owns' bitcoin since at least 60% of the mining takes place in China.

    But you are smart.

    I am smart.

    We are all smart enough to agree to the following strategy:

    Make profit and don't get too emotionally tied to any digital 'asset.'

    This is one ^^ reason why I convert my digital assets to real money: Silver, which is gold on steroids that is also heavily manipulated by the banks. One day it shall be set free.

    In the meantime, let's all make some madgainz in the greatest wealth transfer that too few are willing to take advantage of.

    PS - The cashing in you speak of is true. But that's because it was the commitment the owners made. To sell when it hit a certain level. The owners still have some XRP in their bags.
    China just started their own digital currency.. I think it's ok for small transactions, but find full digital quite alarming.

    https://www.wsj.com/articles/china-c...my-11617634118
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  11. #701
    banned NorwichGrad's Avatar
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    Originally Posted by _zman View Post
    China just started their own digital currency.. I think it's ok for small transactions, but find full digital quite alarming.

    https://www.wsj.com/articles/china-c...my-11617634118
    Yes. Digital yuan possibly backed by gold. I called this years ago and many called me conspiracy. Hahaha

    Russia and China have also been dumping US treasuries.

    Whenever currencies are threatened there is war.

    This is why we went to war with Iraq when saddam threatened the petrodollar by using euro and this is why Libya was destabilized when khadaffi wanted to use gold.

    Russia and China are big nations with big armies.

    We either go to war with them to preserve the petrodollar

    Or

    Just say “phuck it” and kill the dollar and quickly replace it with a digital currency via fedcoin possibly fueled by XRP
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  12. #702
    Powerlifting in disguise induced_drag's Avatar
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    Bloomberg article released yesterday predicting a 400k btc in 2021. (if it follows 2013 and 2017 patterns).

    I think that is a pretty bold statement. My gut says 100-150, but the charts say what the charts say. I guess it all depends on how deep it can cut into gold's current allotment. I remember seeing prediction of 300k if BTC replaced gold in personal holdings only. (not taking anything from the institutional side.

    I am not counting on this...but an interesting read

    https://bitcoinmagazine.com/markets/...-price-in-2021
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  13. #703
    Registered User eomrat's Avatar
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    Originally Posted by NorwichGrad View Post

    Just say “phuck it” and kill the dollar and quickly replace it with a digital currency via fedcoin possibly fueled by XRP
    Do you want the Anti-Christ? Because that is how you get the Anti-Christ.
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    Originally Posted by eomrat View Post
    Do you want the Anti-Christ? Because that is how you get the Anti-Christ.
    The anti Christ is inevitable.

    Digital currency will usher in the beast system.

    You and I know this.

    As Christian I am dancing with the devil. And I am well aware of this. That’s why I have always stated many times distrust cryptos. And this is why I stack gold and silver. Because they are God’s money.

    But here is something I already promised Jesus. Whatever wealth I acquire I will continue to serve others.

    Not to toot my horn, but I donate eggs and veggies from my homestead to the local food bank. Because that’s the best I can do on engineers salary from a single income household. My wife doesn’t work so she can raise the kids. I also serve others by coaching for free - particularly broke college and high school students.

    Imagine what I can do for others if I have the financial means. That is what I am hoping cryptos would do.

    For what it’s worth, traditional stocks are also tied to the whole matrix.

    In the end, it’s what we do that counts most.
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  15. #705
    Powerlifting in disguise induced_drag's Avatar
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    Next few days will be interesting.....

    Watching btc and eth
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  16. #706
    Registered User Jtbny's Avatar
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    Originally Posted by induced_drag View Post
    Next few days will be interesting.....

    Watching btc and eth
    With Coinbase IPO tomorrow things should get interesting. Good luck Crypto Warriors!
    ☻/
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  17. #707
    Powerlifting in disguise induced_drag's Avatar
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    Originally Posted by Jtbny View Post
    With Coinbase IPO tomorrow things should get interesting. Good luck Crypto Warriors!
    Already starting. Passed ATH last night, now topping 63. I am hoping my 'skin in the game' move pays off, but still nervous. Feeling like 70-75 in short term is not out of the question. 100k within a month or so is what 'history' says should be possible.
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  18. #708
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    With the correction last year bottoming out a few weeks ago, the one year returns for things like the S&P 500 (up 56%) and the Russell 2000 (up nearly 100%) look CrAzY. I was fully invested then, but what a buying opportunity that was!
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    While all eyes are on bitcoin, especially from the media,

    XRP is a little butthurt and it be all: What am I? Chopped liver? HOLD MY BEER.

    I'm glad I waited a bit longer. Instead of one kilo bar silver gainz from profit, I will be able to convert profit into three kilo bars of the shiny.

    My brother-in-law and daughter think I'm a crypto genius for getting them into XRP.

    But silver remains the "HOLY $HIT" moment when comex is drained.

    XRP to the moon.

    Silver = gold on steroids.

    End the fed. Taxation is theft.
    This above all..
    To thine ownself be true..
    And it must follow, as the night the day..
    Thou can'st not then be false to any man..
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  20. #710
    maybenotabot ChazWood's Avatar
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    Originally Posted by NorwichGrad View Post
    While all eyes are on bitcoin, especially from the media,

    XRP is a little butthurt and it be all: What am I? Chopped liver? HOLD MY BEER.

    I'm glad I waited a bit longer. Instead of one kilo bar silver gainz from profit, I will be able to convert profit into three kilo bars of the shiny.

    My brother-in-law and daughter think I'm a crypto genius for getting them into XRP.

    But silver remains the "HOLY $HIT" moment when comex is drained.

    XRP to the moon.

    Silver = gold on steroids.

    End the fed. Taxation is theft.
    Dude, why are you not doing a podcast? I generally disagree with most of what you say, but I would subscribe and listen for the entertainment.
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  21. #711
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    Originally Posted by ChazWood View Post
    Dude, why are you not doing a podcast? I generally disagree with most of what you say, but I would subscribe and listen for the entertainment.
    lmao. do you know what's funny? You are the third person to encourage me to have a podcast. Thank you.

    And yes, people do not have to agree with me. But I will admit I have the skills of providing valuable entertainment. This is why ******** always bans me. I tend to trigger all sides - especially the left.
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  22. #712
    maybenotabot ChazWood's Avatar
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    Originally Posted by NorwichGrad View Post
    lmao. do you know what's funny? You are the third person to encourage me to have a podcast. Thank you.

    And yes, people do not have to agree with me. But I will admit I have the skills of providing valuable entertainment. This is why ******** always bans me. I tend to trigger all sides - especially the left.
    haha! If you consider any of the 3 of us credible, you owe it to yourself to give it a go.

    Dude, despite our differences, you gotta know that I totally dig the cut of your jib.
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    Originally Posted by ChazWood View Post
    haha! If you consider any of the 3 of us credible, you owe it to yourself to give it a go.

    Dude, despite our differences, you gotta know that I totally dig the cut of your jib.
    No doubt, bro. I know you dig my style. And I appreciate that.

    I like interacting with peeps who have differing views. My views must be challenged. In fact, I honestly encourage my own children to challenge my views (but just do so respectfully). I also challenge by lifters and my engineers to do the same.

    But I don't challenge my wife. Because she automatically does it. That's what wives do. It's in their genetic predisposition to do so.
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    maybenotabot ChazWood's Avatar
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    Originally Posted by NorwichGrad View Post
    But I don't challenge my wife. Because she automatically does it. That's what wives do. It's in their genetic predisposition to do so.
    Um, say what?
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    Great day yesterday. Better day today.

    XRP YTD return of over 250% on my portfolio.

    Yesterday both Uphold and Bitrue, the only exchanges that have XRP, were practically shutdown due to the number of investors FOMOing.

    This is just the beginning.

    XRP will exceed Binance.

    Then it will exceed Ethereum.

    It is the chosen coin of banks around the world. It was NOT meant for retail investors, hence the distractions (ie SEC lawsuit).

    I Am

    The Sovereign Goat Man

    This above all..
    To thine ownself be true..
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  26. #716
    Registered User sakustoms's Avatar
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    Originally Posted by NorwichGrad View Post
    While all eyes are on bitcoin, especially from the media,

    XRP is a little butthurt and it be all: What am I? Chopped liver? HOLD MY BEER.

    I'm glad I waited a bit longer. Instead of one kilo bar silver gainz from profit, I will be able to convert profit into three kilo bars of the shiny.

    My brother-in-law and daughter think I'm a crypto genius for getting them into XRP.

    But silver remains the "HOLY $HIT" moment when comex is drained.

    XRP to the moon.

    Silver = gold on steroids.

    End the fed. Taxation is theft.
    I bought XRP after reading your last post but so far I'm down slightly. Any chance it's coming back?

    Thankfully DOGE is keeping my profits up right now.
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  27. #717
    Registered User sakustoms's Avatar
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    Originally Posted by NorwichGrad View Post
    Great day yesterday. Better day today.

    XRP YTD return of over 250% on my portfolio.

    Yesterday both Uphold and Bitrue, the only exchanges that have XRP, were practically shutdown due to the number of investors FOMOing.

    This is just the beginning.

    XRP will exceed Binance.

    Then it will exceed Ethereum.

    It is the chosen coin of banks around the world. It was NOT meant for retail investors, hence the distractions (ie SEC lawsuit).

    I Am

    The Sovereign Goat Man

    XRP right now is around 1.72. Predictions I've read out to 2023 show average of 2.28. What are you seeing that makes you think it will pass the likes of Ethereum?
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  28. #718
    Registered User eomrat's Avatar
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    Originally Posted by sakustoms View Post
    I bought XRP after reading your last post but so far I'm down slightly. Any chance it's coming back?
    Based off this question I recommend that you sell all you crypto. It is not for you.
    RWGFY

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  29. #719
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    Originally Posted by eomrat View Post
    Based off this question I recommend that you sell all you crypto. It is not for you.
    This is why I love the freakin' NCO Corps!!

    You guys have always been there to cover our a$$e$.

    Thank you, Command Sergeant Major. Carry on.

    Airborne All The Way!
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  30. #720
    Registered User sakustoms's Avatar
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    Originally Posted by eomrat View Post
    Based off this question I recommend that you sell all you crypto. It is not for you.
    Well you're a big ****ing help. Thanks so much.
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