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re: Official CryptoTalk Thread

Posted on 4/13/24 at 9:15 pm to
Posted by BottomlandBrew
Member since Aug 2010
27094 posts
Posted on 4/13/24 at 9:15 pm to
Bottomland Capital Deployment [on]off
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17184 posts
Posted on 4/13/24 at 11:05 pm to
quote:

Jup


For gains, jup is the play. Stake and get airdrops if you aren't long on it. It is on sale right now after being pulled down.
Posted by SeymourButts
Member since May 2018
53 posts
Posted on 4/14/24 at 6:43 am to
Does Louisiana require the VCBA license if youre just buying btc on a Coinbase/Robinhood exchange not related to any business, strictly for storing value and growing it.
Posted by Hateradedrink
Member since May 2023
1286 posts
Posted on 4/14/24 at 7:29 am to
Pretty incredible buying opportunity if you have capital to deploy. Some alts are down 50% from cycle high.

I think/hope this Iran stuff will end up being a nothing burger.
Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 4/14/24 at 7:31 am to
quote:

I think/hope this Iran stuff will end up being a nothing burger.


It certainly looks like it was a big nothing burger at the moment.
Posted by 98eagle
Member since Sep 2020
1962 posts
Posted on 4/14/24 at 9:05 am to
quote:

Pretty incredible buying opportunity if you have capital to deploy.


Exactly, If Bitcoin is still down or worse on Monday morning, I'll happily be trading and hoping for a continued but volatile zig zag upward trend to the moon.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4774 posts
Posted on 4/14/24 at 10:08 am to
Again, I recommend ITrust for just this very reason. It was nice to be able to buy these dips on the weekend with my IRA instead of waiting till Monday. Of course we may crash lower, but it was worth a shot to thro a little in. Only drawback is the limited number of cryptos to invest in..
Posted by 98eagle
Member since Sep 2020
1962 posts
Posted on 4/14/24 at 1:23 pm to
quote:

ITrust


Sounds intriguing. The big downfall for me is likely the 1% fee if that is on a per trade basis. Also wish there was a way to trade BITX, BTFX and BITO on a 24 x 7 basis. Still ITrust has some merit. Thanks for sharing.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4774 posts
Posted on 4/14/24 at 3:07 pm to
Ya 1% is tough, but is the lowest of the IRA's as far as I can tell. Still not bad for trading in an IRA where most people have the majority of their money.
Posted by Chorizo chang
Statesboro
Member since Feb 2022
299 posts
Posted on 4/14/24 at 3:09 pm to
quote:

The Wall Street bets guy started this token


Good call if you got a solid entry. I checked it yesterday and it was $2.5m when I saw your post and passed. Pushing $8m now
Posted by 21JumpStreet
Member since Jul 2012
14647 posts
Posted on 4/14/24 at 5:18 pm to
Loaded up on some zeta
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
15817 posts
Posted on 4/15/24 at 10:31 pm to
quote:

but what alts out there should we be looking at?


VELO & SHX
Posted by Faulk2Tyler
Louisiana
Member since Aug 2023
260 posts
Posted on 4/16/24 at 7:25 am to
We are all bleeding, watching my portfolio crumble. I wish I had some spare change to throw at something right now. The only way is if I start pulling from my savings to buy more during this dip.
Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 4/16/24 at 7:36 am to
quote:

The only way is if I start pulling from my savings to buy more during this dip.


I would not suggest this, unless it is Bitcoin. This could very well be a Bitcoin only cycle.

Side note, it appears Hong Kong has approved their Bitcoin ETFs. I don't know what this means in the grand scheme of things.

If this means the average person in China can buy (I don't think so) then we are going to the moon.

If this means that only people in Hong Kong can buy, it will have very little impact on price.

Does anyone know how this will actually play out?
Posted by Faulk2Tyler
Louisiana
Member since Aug 2023
260 posts
Posted on 4/16/24 at 7:41 am to
I've gone heavy into MYRO, SPCTE, HULVIN, and my normal alts. MATIC is killing me as I had been averaging my buy-up with weekly purchases, yet this tank came at the wrong time with taxes, property taxes, school, etc. Now, I can't start averaging down until the next payday.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29749 posts
Posted on 4/16/24 at 8:35 am to
quote:

this means the average person in China can buy (I don't think so) then we are going to the moon.


Per Fortune it will not be.

LINK

quote:

A lot of people are banking on wealthy Chinese locals, but, officially, you cannot buy this ETF if you’re a mainland Chinese investor,” said Eric Balchunas, a senior ETF analyst at Bloomberg. That’s because it must be listed on something called the Stock Connect, which allows Chinese citizens to invest in certain Hong Kong ETFs, and vice vers
Posted by LordSaintly
Member since Dec 2005
38884 posts
Posted on 4/16/24 at 9:06 am to
quote:

I would not suggest this, unless it is Bitcoin. This could very well be a Bitcoin only cycle.



Yeah I don't know if we'll get another parabolic altcoin run. Asset managers won't funnel BTC profits into alts like retail would.
Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 4/16/24 at 9:45 am to
Ah good link. Looking forward to the day the ETFs are open to the Chinese.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80774 posts
Posted on 4/16/24 at 2:10 pm to
Wen moon, wen rich.
Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 4/16/24 at 2:44 pm to
1 year
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