holt_bruce81 Posted May 19, 2021 Share Posted May 19, 2021 4 hours ago, Outpost31 said: I toad a so. Musk don’t give a **** about the environment. Lol. I’ve been telling the only two people in real life that I talk to about crypto to slow down and wait. I’ve been telling them that for a couple weeks now. I might be wrong on this being the end of this current cycle and it might shoot back up for a little bit, but I knew a massive drop in everything was coming. Unfortunately my gut doesn’t quite tell me when something is going to shoot way TF up, but whenever I get a gut feeling on things going down they always do. I’m not upset about it. I was never going to sell anything. This is a five year game for me. It’s all going to do the same thing it did again. Maybe (probably) lesser so with alt coins, so over the next three years I’m going to set a recurring deposit into Bitcoin, Ethereum and Litecoin. Probably 50 dollars each per month, maybe bi-weekly. I’ll also put big dumps into them every time they have a significant dip, which I’m sure will become standard. If I had to guess, Bitcoin bottoms out at 15,000, Ethereum at 1,500 and Litecoin at 150. Then, four or five years from now, I’m going to say 100,000, 10,000 and 1,000. Unless you’re dying in the next five years, don’t panic sell and pay 30%. I think Everyone knew a massive correction was happening soon. ETH went from $1,800 to $4,200 in the span of like 8 days. Doesn’t mean the cycle is over. At least I hope Not. I’m still in and actually snagged another share up during it. 1 Quote Link to comment Share on other sites More sharing options...
DontTazeMeBro Posted May 19, 2021 Share Posted May 19, 2021 Holy **** am I glad I sold it all a few days ago. 😮 1 Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 22 hours ago, holt_bruce81 said: I think Everyone knew a massive correction was happening soon. ETH went from $1,800 to $4,200 in the span of like 8 days. Doesn’t mean the cycle is over. At least I hope Not. I’m still in and actually snagged another share up during it. When ETH 2.0 releases this summer it's going to flip Bitcoin. Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 US Treasury announced stricter crypto currency compliance including that it will require any transfer of crypto assets that is $10,000+ to be reported to the IRS. Quote Link to comment Share on other sites More sharing options...
holt_bruce81 Posted May 20, 2021 Share Posted May 20, 2021 1 hour ago, NYRaider said: When ETH 2.0 releases this summer it's going to flip Bitcoin. Has there been a date set for that? Seems like a ton of speculation but no one really knows. Ive heard by the end of the year. Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 1 minute ago, holt_bruce81 said: Has there been a date set for that? Seems like a ton of speculation but no one really knows. Ive heard by the end of the year. I think July 14 is when it's going to merge the current network with the new network. Quote Link to comment Share on other sites More sharing options...
holt_bruce81 Posted May 20, 2021 Share Posted May 20, 2021 2 minutes ago, NYRaider said: I think July 14 is when it's going to merge the current network with the new network. Nice! My bags are packed ready for that moon trip! You buy anything on that dip? Quote Link to comment Share on other sites More sharing options...
holt_bruce81 Posted May 20, 2021 Share Posted May 20, 2021 I bet It hits $10k before the end of the year. $20k is possible but that bullish. I gotta Take gains a month from now but I’m hoping to leave 4-5 ETH in there till the end of the year and 2-3 long term. 1 Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 4 minutes ago, holt_bruce81 said: Nice! My bags are packed ready for that moon trip! You buy anything on that dip? Nah I didn't unfortunately, I wish I was awake when it hit $1,800 I might have bought 2 more. Quote Link to comment Share on other sites More sharing options...
holt_bruce81 Posted May 20, 2021 Share Posted May 20, 2021 Just now, NYRaider said: Nah I didn't unfortunately, I wish I was awake when it hit $1,800 I might have bought 2 more. I’m kinda glad I wasn’t. I might Have panic sold when it busted through that $2200 support level. Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 1 minute ago, holt_bruce81 said: I’m kinda glad I wasn’t. I might Have panic sold when it busted through that $2200 support level. The text I woke up too was "don't check the markets." Lmao, I'm holding ETH regardless. Boom or bust baby. Quote Link to comment Share on other sites More sharing options...
holt_bruce81 Posted May 20, 2021 Share Posted May 20, 2021 1 minute ago, NYRaider said: The text I woke up too was "don't check the markets." Lmao, I'm holding ETH regardless. Boom or bust baby. I’m closing on a house in a month. I have Probably more than I should Into ethereum right now. If it tanks in a month, I am screwed. 1 Quote Link to comment Share on other sites More sharing options...
NYRaider Posted May 20, 2021 Share Posted May 20, 2021 Just now, holt_bruce81 said: I’m closing on a house in a month. I have Probably more than I should Into ethereum right now. If it tanks in a month, I am screwed. 3 Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted May 21, 2021 Share Posted May 21, 2021 Someone else come join Matic gang with me. Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted May 21, 2021 Share Posted May 21, 2021 17 hours ago, NYRaider said: US Treasury announced stricter crypto currency compliance including that it will require any transfer of crypto assets that is $10,000+ to be reported to the IRS. Hope they plan to staff up- good luck with that lol Quote Link to comment Share on other sites More sharing options...
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