Cryptocurrencies Part III - We ran as if to meet the Moon

[x Tame Impala]

I'm not sure I understand the question. Can you please rephrase it?

He was wondering why BTC and ETH can have such drastic lows and yet people still have enough faith in it to hold their position, preventing it from going to zero.

BTC can drop down to $22k and ETH $1100, people don’t panic and sell their position causing it to go to zero. They’re so volatile yet people have enough faith in them not to sell

 

[McGarnagle]

The eating is good again boys

 

[The Crypto Guy]

The eating is good again boys

 

[FlappyGiraffe]

You guys think BTC goes sub 60 again? I got a decent chunk of cash on the sidelines right now that I want to buy some of the ETF with.

Looking at past cycles right around now is where it just goes up and doesn't look back so I don't want to be super greedy with my entry

 

[2CHAINZ]

We going to New Ath before dump? Or will I be able to jam every cent I can muster before we take off?

 

[McGarnagle]

We're so back

 

[The Crypto Guy]

We're so back

Hopefully after election night we are really back!

 

[2CHAINZ]

 

[McGarnagle]

 

[FlappyGiraffe]

MSTR just announced a plan to buy 42 billion worth of BTC over the next 3 years. Microsoft is also having a shareholder vote to explore buying BTC (board is advising against it).

Things are starting to get pretty interesting

 

[FlappyGiraffe]

New all time high for BTC!

 

[McGarnagle]

To the moon!

 

[2CHAINZ]

 

[2CHAINZ]

New all time high for BTC!

New all time low for fiat!

 

[Toothless Legend]

Really says something about the optimism about regulatory certainty in the coming months when the who's who of crypto attorneys are (jokingly) lamenting about how their business is taking a huge hit after the election.

 

[McGarnagle]

Do we see a selloff soon at a certain ceiling before it rallies again or are we going to just continue rocketing with no interruption? My portfolio is more modest than it was before I bought the new house and cashed out a lot, but what's left is all BTC, TSLA, and other tech stocks so meat is back on the menu.

 

[John Price]

crypto to the moon