The Bitcoin Thread

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Price soaring now. People who sold below R120k for losses must be feeling it.

Yeah you have to not panic with this stuff. I sold my last bunch for a good profit and didn't have anything during this drop.

Bought in again for R117k/BTC earlier this afternoon and it's already up to R136k/BTC so some nice returns already.
 
Deadcat bouncing market right now. Dont get fooled to rebuy too early with the sudden spike in buy volume.

There has been 4 deadcats since this rundown with each bounce lower than the previous. Once that stops the path is clear for a new rally but that is not the case yet.

If you are able to daytrade its not terrible to get in during bouncing periods like this but for those looking to buy right now and hold for a month+ id suggest to sit out just a bit longer, the profit right now is in active daytraders while things move sideways down.
 
Are you guys buying bitcoins? Or maybe ether is the way to go?
 
Trends
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Nooo why didn't I buy

Enjoy sitting on that fence? Could have would have should have. It’s still cheap, opportunities like this don’t come often.

I’m officially out of money now, used all I had left to buy at 112k
 
Don't you worry I got my buy order ready, there is still time this crash is far from over
 
How long is it taking about to send from one of our local exchanges to another exchange?
 
There's also the risk that we might not see $19k again for 3 years. That's what happened with the December 2013 all time high. The priced only reached the same level again in February 2017. We could be waiting a few years for $20k.
Bitcoin is much to famous for that to happen.

Crypto has alot of people outside the fence that want in on the action.

But those outside the fence might now be saying they are glad the did not get in
 
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