Bull Market Problems lol.

Maybe by this time next year all of us will hibernate because only going down and no eye see already.

this time next year, if and when that happens... buy buy buy...!!!

Bitcoin chart seem very bullish

Market sentiment suddenly turned so bullish. My alts got hibernated
However, scoop up a lot of dip buying on bitcoin last time. New money come in.

This post has been edited by walabies: May 1 2021, 12:27 AM

Alt coins also moving up

Glad I didn't sell any of my Bitcoin even when it dropped to 46k.

Well, I'm wondering if one should buy bitcoin.

If you had 1k budget (like me), you can only buy a limited amount of bitcoin. Or you can spent a significantly smaller amount to trade bitcoin future and could stand to gain more from it.

I really don't see the purpose for bitcoin other than money laundering or value preservation.

Value preservation is a good enough reason for a lot of people.
I don't plan to add any new Bitcoin, only alts (especially ETH).
But I won't sell any of my existing Bitcoin stack until many years from now.

Yeah, it seems like ETH has more real life usage. I don't hold ETH either though. Still trying to find some nice one too buy and hodl.

All in LUNA

Current price 16.7usd

Why you are so optimistic on luna? I hold some and feel like getting rid of it.

Updated: nothing is stopping Btc now 😬😬😬

This post has been edited by walabies: May 1 2021, 08:25 AM

https://themalaysianreserve.com/2021/04/30/...q5NweZJo_8J4heg

To those who use DAX, you will be flagged.. hahah

This post has been edited by jack2: May 1 2021, 10:34 AM

Whatever projects coming on luna gonna use lots of UST(luna stablecoin) and just by that alone, a lot of luna gonna be burned to mint more UST.

Actually want to ask, how do people play buy low sell high? Example buy 1 btc in early days:

Bought at 190K
Sold at 230K
Profit 40K

Then see the market strong, buy at 240K (190K+40K=230K). End up top up +10K to enter back into crypto market.

Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion

Most likely you stand to gain more from buying alts like defi or even bsc shitcoins. My advice would be very different if bitcoin is currently at $4,000 in March 2020 but now btc is at $58,000 so that's something to think about

Bitcoin I think might hit $100-200k, maybe even 300k during this bull run peak which I think will be end of this year or Jan 2022. And of course the bear market will be equally glorious; 80-90% correction which may very well last 2-3 years like the 2018-2020 bear market due to the involvement of institutions.

inb4/institutionsareourfriends

Trading on the other hand is a totally different ball game. 99% never became profitable traders even after a number of years

This post has been edited by -kytz-: May 1 2021, 12:35 PM

Thus I better hodl Luna for this moment?

ok joins some

neutral about it but i like the name

New ETH all time high around $2850

Yes it doesn't drop to the previous low you bought, but it can still drop from the previous high that happened aka dip.
Then you buy the dip and sell higher.

Tbh hodling is better since trading is not for everyone, like your question the person easily hold more bitcoin if he hold from 190k instead of trying to buy high sell low.

Other way is just trading to accumulate cash, so from that 40k profit the trader doesn't see good entry in BTC so he buy other coin that potentially can go higher and wait BTC dip when has more cash.

haha i duno man.. I'm just buying more