Crypto and Trading Thread

XRP €0.60 cents half an hour ago; €0.46 cents now. Crazy stuff

I did the opposite.
Its all over the shop at the moment, will be interesting to see how this goes

Things should get interesting around half one our time

A lot of lads on r/satoshistreetbets pushing Dogecoin

They hope to hit 5$ per XRP

It’s hard to see how a couple of hundred thousand people putting in a hundred or two hundred euros worth can have a serious effect on a coin with a market capitalisation of €20 billion

You obviously never tried to get 200 pound on a 10/1 shot in Boylesports of a Monday

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Global financial system operating like a malfunctioning slot machine at the moment. All this ain’t going to end well. Either the Israeli’s need to hit Iran or China needs to invade Taiwan soon.

The market cap isn’t as important as the average turnover per day when it comes to liquidity. If you suck up the liquidity then you can move it higher quickly. It’s a very dangerous game to be following these lads around the place. They buy a shot of it in the morning, tell everyone they should buy it in the afternoon, they sell and move on to the next one, while you are left buying in high and hoping there’s more fools after you

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Must have been a typo on Pump because it is being dumped :smiley: down from 50 cents to 38 cents in 2 minutes. Back up to 42 cents since I started typing this post

Best investment advice I ever got was to go against the herd. Walk when they are running and vice-versa.

You really wouldnt have been much help moving cattle in Mid Clare in that case

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Elon is back from his Twitter break.

This guy was the first of the big boy corporations to utilise bitcoin as a store of value countering inflation and has also hugely boosted corporate earnings with their investment

It’s a modern day tulip bubble

Doge is flying it.

Wouldn’t be surprised to see a Super bowl commercial for it paid by Elon Musk.

In a few weeks its surely in for a spectacular collapse