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Anyone buying crypto now? #8270796
11/25/24 11:11 AM
11/25/24 11:11 AM
Joined: Mar 2023
WI
WI Outdoors Offline OP
trapper
WI Outdoors  Offline OP
trapper

Joined: Mar 2023
WI
Any of you guys change your mind about crypto and buying some?

Re: Anyone buying crypto now? [Re: WI Outdoors] #8270806
11/25/24 11:25 AM
11/25/24 11:25 AM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Haven’t seen numbers this low since,,,,,,,,,Wednesday

Lol


BTC hovered in the high 9k’s for five ish months before breaking 10k

And then ripping to near 20k

Same pattern today,,,,,

Re: Anyone buying crypto now? [Re: WI Outdoors] #8270864
11/25/24 12:30 PM
11/25/24 12:30 PM
Joined: Oct 2016
Michigan
B
BigBlackBirds Offline
trapper
BigBlackBirds  Offline
trapper
B

Joined: Oct 2016
Michigan
i think theres still a touch more upside on this run. but if the typical patterns holds it'll fall way back afterwards and hold for awhile before next run. but i never think much about timing it

Re: Anyone buying crypto now? [Re: WI Outdoors] #8270972
11/25/24 02:53 PM
11/25/24 02:53 PM
Joined: Jan 2014
Co.-Wy. part time AK.
W
wy.wolfer Offline
trapper
wy.wolfer  Offline
trapper
W

Joined: Jan 2014
Co.-Wy. part time AK.
Why would I invest money in something that requires an internet connection to spend or use? The biggest threat to the internet in the future is being developed right now in China, North Korea and Iran. Sophisticated cyberattacks powered by Artificial Intelligence with automated Botnets and adaptive malware. The world is not done with world wars and the next one will be with cyber attacks that destroy data. Bad things going on in parts of the world today.

Re: Anyone buying crypto now? [Re: wy.wolfer] #8271055
11/25/24 05:04 PM
11/25/24 05:04 PM
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Online happy
trapper
SNIPERBBB  Online Happy
trapper

Joined: Dec 2006
Rodney,Ohio
Originally Posted by wy.wolfer
Why would I invest money in something that requires an internet connection to spend or use? The biggest threat to the internet in the future is being developed right now in China, North Korea and Iran. Sophisticated cyberattacks powered by Artificial Intelligence with automated Botnets and adaptive malware. The world is not done with world wars and the next one will be with cyber attacks that destroy data. Bad things going on in parts of the world today.

Dont ever use a credit card or buy anything online then.

Last edited by SNIPERBBB; 11/25/24 05:05 PM.
Re: Anyone buying crypto now? [Re: WI Outdoors] #8271078
11/25/24 05:34 PM
11/25/24 05:34 PM
Joined: May 2015
N.Y. Mid Hudson Valley
T
Tommyran Offline
trapper
Tommyran  Offline
trapper
T

Joined: May 2015
N.Y. Mid Hudson Valley
Nope. I don't do stocks or crypto nonsense.

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271201
11/25/24 07:56 PM
11/25/24 07:56 PM
Joined: Aug 2010
Asheville, NC
C
charles Offline
trapper
charles  Offline
trapper
C

Joined: Aug 2010
Asheville, NC
Stocks have been very pleasing this year. Don't understand what drives crypto.

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271233
11/25/24 08:32 PM
11/25/24 08:32 PM
Joined: Jan 2011
Surry county, NC
G Hose Offline
trapper
G Hose  Offline
trapper

Joined: Jan 2011
Surry county, NC
The sky is the limit with crypto. The most you can lose is what you put in. Don’t put in more then you can afford to lose is the way I look at it. Don’t buy the spin offs per say. Buy the KING, which is bitcoin. Thats my 2cents worth.

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271287
11/25/24 09:30 PM
11/25/24 09:30 PM
Joined: Jan 2019
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
trapper
B

Joined: Jan 2019
North central Iowa
To me I’d wait for some correction downward to buy it’s had a good up run but I’d think a drop would be coming.

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271329
11/25/24 09:55 PM
11/25/24 09:55 PM
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Online happy
trapper
SNIPERBBB  Online Happy
trapper

Joined: Dec 2006
Rodney,Ohio
Originally Posted by Bob_Iowa
To me I’d wait for some correction downward to buy it’s had a good up run but I’d think a drop would be coming.

The pattern would show a drop till spring when it decides to level off. It's pulled back but still is just under 95k atm.

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271359
11/25/24 10:19 PM
11/25/24 10:19 PM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Needs to be noted,,,

96% of all money in “crypto” is in bitcoin(btc). The other 4% is spread across 1500-1750ish other crypto currencies

BTC is the king,,,,,the others are pretty much irrelevant

BTC is rising because paper money(fiat) is devaluing(see inflation thread,,,,)

In my opinion(not financial advice),,,,,

USD is in trouble, but will still be around and relevant for at least another 30 years. Much after that it just doesn’t seem likely/sustainable

BTC is for saving, not investing

If you’re over 40? wouldn’t worry too much about it unless you’re looking to pass it on to someone else

If you’re under 40ish it would be very wise to do the research into BTC

Personally I’m over 50(retired) And have invested in BTC related equities, not BTC,,,,for the crypto play

Reason being,,,I’ll be dead in 30 years, or wishing I was, if not sooner. Lol

If I was younger,,,,I would be all in

I repeat,,,,not financial advice

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271373
11/25/24 10:28 PM
11/25/24 10:28 PM
Joined: Jan 2019
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
trapper
B

Joined: Jan 2019
North central Iowa

Re: Anyone buying crypto now? [Re: WI Outdoors] #8271424
11/25/24 11:42 PM
11/25/24 11:42 PM
Joined: Aug 2022
TN
K
Krig Offline
trapper
Krig  Offline
trapper
K

Joined: Aug 2022
TN
Ive had doge and safemoon for a couple of years.. if safemoon ever reaches a penny… I’ll be a gozillionair.. lol

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