Booom cryptoland is crashing!

[nomad999]

lol $GME +100% yesterday ahah, and they say bitcoin is volatile

 

[Chappers147]

lol $GME +100% yesterday ahah, and they say bitcoin is volatile

I know, I couldn’t help but to join the fun for a peak again. It’s been a mental day again for game.

do you think this could be round 2?

 

[FreeBit]

I know, I couldn’t help but to join the fun for a peak again. It’s been a mental day again for game.

do you think this could be round 2?

$130k

 

[Cristero]

this is bitcoin last bull run in 2017, you need a solid heart to make those crazy long term gains. Diamond hands people ahah

View attachment 2254

Really hard to explain this to old people that don't understand it, yet they think they are financial geniuses.
Most of them regret they didn't put money on it and they think they lost the train.
Remember that story about a wolf and grapes?

 

[nomad999]

I know, I couldn’t help but to join the fun for a peak again. It’s been a mental day again for game.

do you think this could be round 2?

it was definitely a good bet below 50, right now investing in this is pure suicide lol

still the short squeeze is theoretically possible and this could skyrocket above 1k, unless they were to stop the buying pressure like last time ...

Really hard to explain this to old people that don't understand it, yet they think they are financial geniuses.
Most of them regret they didn't put money on it and they think they lost the train.
Remember that story about a wolf and grapes?

so true, they also don't see that the world of today his nothing like what it was 40y ago, what work before won't necessary work today ...
but hey, when you are a boomer spoil brat already set for life who had it extremely easy during a period of absolute economic boom, you are unlikely to even try to understand ...

this is not the next dot com bubble, this the biggest wealth transfer in the history of humanity.

 

[Cristero]

but hey, when you are a boomer spoil brat already set for life who had it extremely easy during a period of absolute economic boom, you are unlikely to even try to understand

Nailed it.

 

[Chappers147]

it was definitely a good bet below 50, right now investing in this is pure suicide lol

still the short squeeze is theoretically possible and this could skyrocket above 1k, unless they were to stop the buying pressure like last time ...


so true, they also don't see that the world of today his nothing like what it was 40y ago, what work before won't necessary work today ...
but hey, when you are a boomer spoil brat already set for life who had it extremely easy during a period of absolute economic boom, you are unlikely to even try to understand ...

this is not the next dot com bubble, this the biggest wealth transfer in the history of humanity.

I love abit of investment suicide. Like you said I think there is a short squeeze left in this, it’s just when it might happen.

 

[nomad999]

I love abit of investment suicide. Like you said I think there is a short squeeze left in this, it’s just when it might happen.

I read some guy turned 65$ into 12k playing with $gme options the past few weeks, fortune favors the bold as they say

 

[Chappers147]

Is crypto crashing? Probably good to get back on topic with what’s been happening over the weekend.
Some seriously red crypto currencies atm!

 

[nomad999]

likely the bottom is in, the miners have stopped selling like mad it seems.
we will see what the markets does today when they open but given the free money that will be distributed in the US in the coming weeks, I think its fair to assume every hedge funds and their mothers will get back to full risk on 100x leverage yolo let's go to 1 trillion mode

now guess where bitcoin and crypto are going in this healthy environment

 

[erni]

Damn the coins are falling

What is going on in crypto- shitland?
View attachment 2251

now the figures are above what you posted, looks like a rebound

 

[12345]

I read some guy turned 65$ into 12k playing with $gme options the past few weeks, fortune favors the bold as they say

and he will probably gamble that away and be broke again this is not how you get rich

 

[exprtadvisrdev]

and he will probably gamble that away and be broke again this is not how you get rich

that's why being the middleman is so fucking profitable, owning a casino or a crypto exchange is a gold mine

 

[JohnLocke]

it is an insane market to invest in, for those who have been there for a long time, however, it is unsurpassed good.

 

[wmaeser]

Crypto investing has been very good to me these past 12 months. I don't see a crash at all, only some profit-taking the past two weeks. Compare your ROI from any money invested just 6 months ago. My main crypto investment went from $5 in DEC 2020 to $34 today.