Bitcoin Thread

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Menace said:
Its looking likely to smash past its ATH in the next 2-3 months. Easy 4x. Good buy atm
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Based on what though? the ATH is $3.84, current price $0.79 .. it's currently down 79.30% from ATH. What XRP tends to do is pump and then dump again. Unlike BTC and ETH which have both made ATH's this year, XRP has failed to do the same, the ATH was back in 2018. Now it's making a series of lower highs this year, pretty sure its just going to grind down lower.

Screenshot 2021-12-17 at 22.58.21.png
 
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RiaX said:
No one told me cryptos is so stressful .... So im using luno. If I want to buy on the dip which one must I buy ?
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If you speak like this crypto is not for you.

The only way you going to make it work is buy it and forget about the price(fiat) otherwise leave it alone. You think now is bad you havent seen anything...
 
dusi said:
Based on what though? the ATH is $3.84, current price $0.79 .. it's currently down 79.30% from ATH. What XRP tends to do is pump and then dump again. Unlike BTC and ETH which have both made ATH's this year, XRP has failed to do the same, the ATH was back 2018. Now it's making a series of lower highs this year, pretty sure its just going to grind down lower.

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Yeah XRP had its chance for years - IT IS A DO NOT BUY FROM ME
 
Snyper564 said:
Yeah XRP had its chance for years - IT IS A DO NOT BUY FROM ME
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It's price action is being heavily weighed down by its ongoing battle with the SEC in the US. If they somehow win though, there should be a boost in price, but there's lots of "ifs and buts" and the likely outcome will be both positive and negative. Just not sure it will ever surpass its ATH, especially considering the climate we're heading into for 2022.
 
dusi said:
Based on what though? the ATH is $3.84, current price $0.79 .. it's currently down 79.30% from ATH. What XRP tends to do is pump and then dump again. Unlike BTC and ETH which have both made ATH's this year, XRP has failed to do the same, the ATH was back in 2018. Now it's making a series of lower highs this year, pretty sure its just going to grind down lower.

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The recent upside movement is a very bullish sign. It's usually a signal to buy once it reaches the downside again before it really takes off. What follows is likely to be an even bigger upward trend. The SEC news may play into this taking longer, but there's a high probability that it will happen. I can't tell the future ofc, so this is just speculation and limited experience from my end.

I guess I should also mention that my view of BTC is that it's going through a short term correction. There will likely be some upward movement in the next week or 2 before it goes down to the mid 30s, but once it reaches that bottom, I am expecting a 6 figure BTC within the next 3 to 6 months and when BTC moves, so too does the rest of the market.
 
So serious question. If I want to get in the market to buy some crypto.
What crypto would you suggest and from who do you buy?
Is it now the right time or should I still wait a bit?
 
Acid0 said:
So serious question. If I want to get in the market to buy some crypto.
What crypto would you suggest and from who do you buy?
Is it now the right time or should I still wait a bit?
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It's always a good time to buy bitcoin.

Just set up an account on valr and buy some. Do not buy more than you can afford to lose and just forget about it. Don't look at the price will drive you mad.you can buy any amount you don't need to buy 1btc for example.

Eth is also good. Many altocins etc are just a gamble.
 
Snyper564 said:
It's always a good time to buy bitcoin.

Just set up an account on valr and buy some. Do not buy more than you can afford to lose and just forget about it. Don't look at the price will drive you mad.you can buy any amount you don't need to buy 1btc for example.

Eth is also good. Many altocins etc are just a gamble.
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Thank you. Is there a difference between Valr and Luno (service, costs, experience)?
 
Acid0 said:
Thank you. Is there a difference between Valr and Luno (service, costs, experience)?
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With the seemingly arbitrary restriction Luno chooses to impose I would prefer VALR. Luno used to have a rep on this forum and it was nice then having someone deal directly with things, but they left and were never replaced and I don't like the auto-bot style comms from Luno when there's an issue.

https://mybroadband.co.za/forum/threads/luno-locked-my-account.1170774/
https://mybroadband.co.za/forum/thr...its-based-on-your-risk-profile.1153170/page-7
https://mybroadband.co.za/forum/threads/trying-to-send-litecoin-from-luno-and-i-cant.1160306/
 
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A different serious question:
I am moving from trading futures CFDs to crypto. At present my top choice of broker is AvaTrade, but it would be great to hear thread members' experiences and possible suggestion of brokers they have found are better.
 
Wary GOM said:
A different serious question:
I am moving from trading futures CFDs to crypto. At present my top choice of broker is AvaTrade, but it would be great to hear thread members' experiences and possible suggestion of brokers they have found are better.
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