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-   -   Panic selling in crypto (https://gfy.com/showthread.php?t=1324340)

King Mark 03-13-2020 06:33 PM

Fiddy panics

just a punk 03-13-2020 10:44 PM

Pff... Will go up again. It's a time to buy.

Anybody sells BTC here?

klinton 03-13-2020 11:34 PM

Quote:

Originally Posted by CyberSEO (Post 22625716)
Pff... Will go up again. It's a time to buy.

Anybody sells BTC here?

I would wait.

ANAL PASTE 03-13-2020 11:37 PM

Quote:

Originally Posted by pimpmaster9000 (Post 22625341)
700 million $ worth of longs was liquidated on bitmex 2 days ago...I do not know about today...oh man what a payday for them...

edit: more than a billion $ worth of longs was liquidated today/yesterday...they apparently closed bitmex this morning my time...when they opened again the price was already pumped up on other exchanges...so almost 2 billion in 2 days liquidated...nice...

Surprised it wasn't you who did it "yesterday".

Biggie Smalls Web Writing 03-14-2020 03:49 AM

What are experts saying? Who are you following?

ilnjscb 03-14-2020 06:29 AM

5kish now

jscott 03-14-2020 07:36 AM

if you're not buying stocks, gold, bitcoin, etc etc at these prices, while fed is shooting billions/trillions $$$ to "stimulate" the economy, you're making a huge mistake & not deserving of future reward. This is an opportunity of a lifetime right here.

plsureking 03-14-2020 09:48 AM

Quote:

Originally Posted by jscott (Post 22625844)
if you're not buying stocks, gold, bitcoin, etc etc at these prices, while fed is shooting billions/trillions $$$ to "stimulate" the economy, you're making a huge mistake & not deserving of future reward. This is an opportunity of a lifetime right here.

:thumbsup

cash in the wife's spa weekend and buy some shit :thumbsup

#

jscott 03-14-2020 12:52 PM

Quote:

Originally Posted by plsureking (Post 22625937)
:thumbsup

cash in the wife's spa weekend and buy some shit :thumbsup

#

So true, but ppl cant seem to give up daily luxuries for what could be a lifetime of financial independence

plsureking 03-15-2020 07:53 AM

Quote:

Originally Posted by jscott (Post 22625997)
So true, but ppl cant seem to give up daily luxuries for what could be a lifetime of financial independence

meanwhile they are panicking about a possible recession by the end of the year. not sure how toilet paper will help :1orglaugh

#

ghjghj 03-15-2020 08:11 AM

cheap crypto

ladida 03-16-2020 03:47 AM

Huge drops. Pls buy, now is the time? Or was it yesterday? Or day before? Im running out of buying options.

pimpmaster9000 03-16-2020 06:14 AM

Quote:

Originally Posted by ANAL PASTE (Post 22625729)
Surprised it wasn't you who did it "yesterday".

oh look a bad trader in the wild...hello bad trader!...hows your tradin'? whats that you say? you cant trade a 20$ bill for a 10$ one? :1orglaugh:1orglaugh:1orglaugh

djroof 03-16-2020 06:27 AM

Also ETH price is good... about 97€ now and one month later was about 260€

plsureking 03-16-2020 07:42 AM

Quote:

Originally Posted by ladida (Post 22626863)
Huge drops. Pls buy, now is the time? Or was it yesterday? Or day before? Im running out of buying options.

crypto dropped a lot less than the stock market. people are panic selling now. the sheep don't realize the future is still coming, whether you panic or not. the world isn't going to end.

or maybe it is, who knows lol. if it does end, the future currency will be cryptos.

we bought more (thai) gold over the weekend. i might buy more coins today. the rule is buy all the way to the bottom. if its still dropping, keep buying..

#

ladida 03-16-2020 09:26 AM

Quote:

Originally Posted by plsureking (Post 22626998)
the sheep don't realize the future is still coming

You sure as hell should be buying then. GGOGOgOgO gadget buy.

plsureking 03-16-2020 10:16 AM

Quote:

Originally Posted by ladida (Post 22627076)
You sure as hell should be buying then. GGOGOgOgO gadget buy.

i'm not here giving or taking advice, just chatting :thumbsup

#

ANAL PASTE 03-16-2020 04:10 PM

Quote:

Originally Posted by pimpmaster9000 (Post 22626914)
oh look a bad trader in the wild...hello bad trader!...hows your tradin'? whats that you say? you cant trade a 20$ bill for a 10$ one? :1orglaugh:1orglaugh:1orglaugh

I traded mine yesterday and made millions. :1orglaugh Re-invested it all into 1 bedroom condo in Honduras :1orglaugh:1orglaugh:1orglaugh:1orglaugh

VPT 03-17-2020 07:19 AM

It is all about Corona and a nice time to buy. When the Corona is over a big pump will come.

ruff 03-17-2020 07:36 AM

This thread takes me back a few years. Same opinions from the same broke-ass opinionators. Not much changes on GFY.

Easyboy 03-17-2020 09:28 AM

It`s not recommended to sell crypto now

CaptainHowdy 03-17-2020 09:35 AM

Quote:

Originally Posted by ruff (Post 22627855)
This thread takes me back a few years. Same opinions from the same broke-ass opinionators. Not much changes on GFY.

:1orglaugh :1orglaugh . . .

plsureking 03-17-2020 09:44 AM

Quote:

Originally Posted by ruff (Post 22627855)
This thread takes me back a few years. Same opinions from the same broke-ass opinionators. Not much changes on GFY.

:1orglaugh

yea the guys still working all day aren't biting people's heads off and spitting venom lol

#

ladida 03-17-2020 05:17 PM

I see potential buyers!

jscott 03-17-2020 05:19 PM

Btw if anyone wanna panic sell, please hit me up. I will make sure you walk away happy :)

GAMEFINEST 03-17-2020 07:05 PM

The market is dropping tomorrow.

2MuchMark 03-17-2020 07:28 PM

BTC is still in the toilet. If you bought anywhere near this price or higher, I'd advise against selling. Do this: Pay attention to Trump. If he says something stupid and puts the markets in a panic again, dump what you've got if you can make a little profit, but, be ready to buy it back when it bottoms out again.

Here's what I predict:

People will keep worrying and prices will drop even lower, but BTC and everything else will rebound soon and it will be a crazy rally.

Why?

Pay attention to the Covid-19 "Rate of Infection". China is on the rebound now with more recoveries and fewer new infections. South Korea is doing better too. As things begin to improve everywhere after the rate of infection peaks and begins to fall, stores, pubs, cinemas will re open. People will rush to get back to "normal", spend money like crazy, and start buying up everything again.

jscott 03-17-2020 07:40 PM

Quote:

Originally Posted by 2MuchMark (Post 22628238)
People will rush to get back to "normal", spend money like crazy, and start buying up everything again.

not to mention there'll be $TRILLIONS of extra fiat money around, freshly printed, ready to buy up real assets like BTC, gold, stocks, estates :thumbsup

pimpmaster9000 03-17-2020 11:37 PM

Quote:

Originally Posted by jscott (Post 22628243)
not to mention there'll be $TRILLIONS of extra fiat money around, freshly printed, ready to buy up real assets like BTC, gold, stocks, estates :thumbsup

do not count on this...many businesses will be hit hard and the injected trillion will be mostly corporate socialism...billionaires will pay themselves bonuses and shit...business need to resume like nothing happened for your scenario to become reality...

in the next few months everything related to transport/travel/hospitality will be severely crippled...the domino effect will burn through that extra trillion like nothing...

oh and the debt...it always comes due...you do not get to print a trillion without consequences...

ry0t 03-18-2020 07:00 AM

You don't know shit. :)

BlueBookJosh 03-18-2020 02:31 PM

Quote:

Originally Posted by VPT (Post 22627840)
It is all about Corona and a nice time to buy. When the Corona is over a big pump will come.

I thinks so too... Now's the time :2 cents::2 cents::2 cents:

pimpmaster9000 03-18-2020 11:06 PM

Quote:

Originally Posted by ry0t (Post 22628549)
You don't know shit. :)

well say hello to shit for me when you see him...

US gov expect this to last for 18 months

https://www.yahoo.com/news/u-virus-p...190626012.html

jscott 03-18-2020 11:54 PM

Quote:

Originally Posted by pimpmaster9000 (Post 22629059)
well say hello to shit for me when you see him...

US gov expect this to last for 18 months

https://www.yahoo.com/news/u-virus-p...190626012.html

US gov will also tell you purchasing power of a dollar today will be same as purchasing power tomorrow lol

Side note, don't believe many things the gov is stating to the public. They say whatever will be beneficial to the US gov

pimpmaster9000 03-19-2020 07:40 AM

Quote:

Originally Posted by jscott (Post 22629077)
US gov will also tell you purchasing power of a dollar today will be same as purchasing power tomorrow lol

Side note, don't believe many things the gov is stating to the public. They say whatever will be beneficial to the US gov

the whole world is on lockdown so its probably worse than they are admitting...no virus goes away in a month...we are in this for the long run IMO...2-3 years min...mass infection and with death rates at 3% we are talking 100s of millions worldwide over the years...

Easyboy 03-19-2020 08:40 AM

I think we should keep calm and will pass the crisis successfully

xanadu 03-20-2020 11:39 AM

last 2 days seem to be going better. Lets see. Interesting read on what might happened:

https://coinmetrics.substack.com/p/c...he-network-30a

ladida 03-20-2020 11:47 AM

So time to buy? Or is time to sell now? Or you hodl and then when it drops again you buy! I think that's the plan!

xanadu 03-20-2020 12:13 PM

personally I hodl for now, still a believer lol

plsureking 03-20-2020 02:10 PM

some cashed in their short term gains..

#

ruff 03-20-2020 03:02 PM

5 Reasons to be happy if you hodl Bitcoin right now


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