I can tell you it is $25,000 below the high, and has lost 1/2 $Trillion since then. No wondering about that.
Fortune favors the brave.
I can tell you it is $25,000 below the high, and has lost 1/2 $Trillion since then. No wondering about that.
Fortune favors the brave.
Falling further to $42,356
$41,900…..
Iggy looking like a good time to grab a Bitcoin soon if your time horizon is longer than a few months
Swag,
I wouldn’t even waste your money on Bitcoin. You would be better off lowering your risk and investing in short term bonds. But best wishes.
Igy
Just grabbed a 10k iBond so that’s a start.
I’ve got a good mix, heavy in crypto. Wanted to keep more powder dry but just threw some in the day before JP messed it all up.
Might want to liquidate some stock winners if they hold until the end of the month. Pfizer and Volkswagen, XLE maybe.
Ghost of Igloi wrote:
I can tell you it is $25,000 below the high, and has lost 1/2 $Trillion since then. No wondering about that.
Fortune favors the brave.
But what was the LOW? I’m interested in knowing how much people might have made. Glass half full.
BTC up just 7% over the last year now
US stocks up 23% over the same period.
Do crypto buyers get bored now and move on?
agip wrote:BTC up just 7% over the last year now
5.5% just now...
BTC at $41.7k...
wondering wrote:
Ghost of Igloi wrote:
I can tell you it is $25,000 below the high, and has lost 1/2 $Trillion since then. No wondering about that.
Fortune favors the brave.
But what was the LOW? I’m interested in knowing how much people might have made. Glass half full.
The glass is empty for anyone who bought $41,500 or higher.
agip wrote:
BTC up just 7% over the last year now
US stocks up 23% over the same period.
Do crypto buyers get bored now and move on?
According to Coinbase, the average HODLer only holds coins for 70 days. So the ones who sold above 60k did good.
If BTC falls below 30k again, I might buy one. I'm already heavy in ETH at 2830 average. Held it from 2830 to 4200 to 1700 to 4400 and here we are at 3200 again. I should have sold it above 4k, ah well. My plan was to hold until 2030 and hope for 20k ETH.
Ghost of Igloi wrote:The glass is empty for anyone who bought $41,500 or higher.
This is a nonsensical statement.
At any given time, virtually every investor holds something at a current market value lower than the original purchase price, which is completely irrelevant. The only thing that matters is what it is sold for compared with original cost, which is entirely disconnected from current price unless you are selling right now. I know you know this at some level, and yet you keep repeating this same nonsensical mantra, over and over, and this is probably what irritates people the most about the way you express your point of view.
Not anymore irritating than the way Wondering presents his view.
Anyway, junky investments ready for a bounce.
investing noob wrote:
agip wrote:
BTC up just 7% over the last year now
US stocks up 23% over the same period.
Do crypto buyers get bored now and move on?
According to Coinbase, the average HODLer only holds coins for 70 days. So the ones who sold above 60k did good.
If BTC falls below 30k again, I might buy one. I'm already heavy in ETH at 2830 average. Held it from 2830 to 4200 to 1700 to 4400 and here we are at 3200 again. I should have sold it above 4k, ah well. My plan was to hold until 2030 and hope for 20k ETH.
just so we're clear...what you are doing here is called 'gambling' not 'investing.'
VS-SJW-IR-TS idiot wrote:
Ghost of Igloi wrote:The glass is empty for anyone who bought $41,500 or higher.
This is a nonsensical statement.
At any given time, virtually every investor holds something at a current market value lower than the original purchase price, which is completely irrelevant. The only thing that matters is what it is sold for compared with original cost, which is entirely disconnected from current price unless you are selling right now. I know you know this at some level, and yet you keep repeating this same nonsensical mantra, over and over, and this is probably what irritates people the most about the way you express your point of view.
Fortune certainly didn’t favor those that bought at the time the Matt Damon commercial appeared. It is totally disingenuous to believe a lot of money has not been lost in crypto the last several months. Most of it, and especially NFTs are a total scam. Should not even be allowed, let alone promoted by the financial industry.
10 year up to 1.76, highest since January 2020ish, which is pre-pandemic.
So far I am failing my asset allocation test and have not bought into bonds yet despite telling myself I would at 1.75%.
Twice I have backed off at 1.75% and twice wish I had bought.
I'm holding out for 1.8% now, for no good reason other than fear.
I really hate losing money in bondland.
nasdaq now down around 7.5% from its highs
usually, anecdotally, recently, we get down 9-10% and then rally
$40,900…..
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