Crypto and Trading Thread

Fueled by lads catching falling knives.

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The dead cat failed to bounce.
Must be a Limerick cat.

Cryptocurrencies have lost $400 billion in ten (10) days.
A lot of dosh.

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No one on TFK bought these pups surely? :grinning_face_with_smiling_eyes::grinning_face_with_smiling_eyes:

It did as it happens. But now it’s hit the deck again.

It’s only pretend money.

The ballsy guys are buying

I have a mate who put a not insubstantial sum into a few Cryptos some weeks ago. He was regaling me with the thrill of waking up to fantastic gains (and the odd loss) after overnight trades in Asia.

I haven’t heard from him recently though and I’m concerned for his mental health now.

I’m thinking of having a small punt when it bottoms.
Sure what could go wrong?

Greed is an awful cunt of a thing.

We all got in and got out.

Now is time to buy the dip.

Which dip are thinking of?

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It’s a long term play. Assets that have no function will surely be valuable again some day soon.

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The 10,000 level is fairly key, if it can form a base around there.
Below 8,000 huge panic imo.

Seriously? So if it drops 30plus percent, you are predicting people might get twitchy?

It was at 20,000, so down 50% already.
Everybody has their pain threshold, even those that claim to be in it for the long haul.
The Nasdaq dropped 80% in 2000 - 2003

Anyone dabbling in a serious or semi serious way in this Bitcoin thing and even more so in the other crypto currencies needs their head examined.

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Up 5 per cent in the last hour.

Come on you fuckers

The ballsy guys are buying

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When the cat is dead in Limerick it stays dead.

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