Crypto and Stonks

Sneed

Rude, horny, can't be bothered
Janny
Screenshot_20210519-083533_Puffin.jpg

Crypto is eating shit
This is not a drill
 
View attachment 8282
Crypto is eating shit
This is not a drill
I bought bitcoin yesterday at 43k, fuck wish I would have waited for today would have got more coin.
Its not all bad, if you got money to throw around now you can get cheap crypto. Cardano, Eth and Bitcoin are solid projects so they will raise in value sometime in the future. But looks lke the bull market is being severely challenged.
 
Hard to believe the catalyst for the crypto market crash would've been Elon's tweets, now it's the traditional China fud. I want there to be blood on the stocks too.
 
Hard to believe the catalyst for the crypto market crash would've been Elon's tweets, now it's the traditional China fud. I want there to be blood on the stocks too.
all the crypto is dirt cheap right now. I got half a litecoin for 80$ canadian. If it rises in value I can use it to get free gift cards, order amazon prime.

Yeah , now is is a time to buy in, although be cautious and see if the market is going to go even lower. Eth under 2k is a buy for me.
 
all the crypto is dirt cheap right now. I got half a litecoin for 80$ canadian. If it rises in value I can use it to get free gift cards, order amazon prime.

Yeah , now is is a time to buy in, although be cautious and see if the market is going to go even lower. Eth under 2k is a buy for me.
Unless the stonks go bust, I think it will eventually dip violently much further down and only then start ascending after consolidating into some level. If it can hold $34k support it might steadily visit $40k again, otherwise we're going down fast with the panic-selling, bots triggering etc. It seems as if we need to liquidate those with too much leverage before being able to rise for short term.
 
Unless the stonks go bust, I think it will eventually dip violently much further down and only then start ascending after consolidating into some level. If it can hold $34k support it might steadily visit $40k again, otherwise we're going down fast with the panic-selling, bots triggering etc. It seems as if we need to liquidate those with too much leverage before being able to rise for short term.
Apparently most of the over-leveraged traders in crypto already got flushed out, but yeah it could be 6 months before crypto comes around again.
 
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