WTF is now wrong, all cryptos down?

[Dreamy]

I like this guys! He is Elon Mask but more modest and little known to the general public

 

[cryptofriendly]

I like this guys! He is Elon Mask but more modest and little known to the general public

I prefer people who talk truth (ignore the clickbait title):

What a pity they whacked him.

 

[JackAlabama]

I prefer people who talk truth (ignore the clickbait title):

What a pity they whacked him.

he was shilling shitcoins (xvg doc etc) and all kind of things. Substance abuse take its toll.

 

[cryptofriendly]

he was shilling shitcoins (xvg doc etc) and all kind of things. Substance abuse take its toll.

XVG was good to me ;-)

I remember when Twitter bots were buying everything he mentioned just seconds after posting. Fun times.

 

[dany]

What’s going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?

relax , It’s just been Thanksgiving, and people need to digest their turkey and wine. You can see that things are stabilizing in an upward direction today.

 

[TheCryptoAnt]

All of you putting money on shitcoins deserve to lose it all fr fr
w love

 

[Mercury]

All of you putting money on shitcoins deserve to lose it all fr fr

That's what people said to Bitcoin early adopters back in the days

 

[TheCryptoAnt]

That's what people said to Bitcoin early adopters back in the days

lol word

 

[JohnnyDoe]

All of you putting money on shitcoins deserve to lose it all fr fr
w love

What if I don’t remember the purchase price of my shitcoins?

 

[alain]

That's what people said to Bitcoin early adopters back in the days

exactly

 

[TheCryptoAnt]

What if I don’t remember the purchase price of my shitcoins?

 

[kislokan]

Shitcoins are just gambles for a very small part of your portfolio

 

[EliasIT]

It's really not so easy to "exit", what strategy you prefer? Just send you crypto to some exchange, sell it and send fiat to bank/emi?

That sums it all up, no need to make it more complicated then that!

 

[mistaphi]

What’s going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?

It's about a month later and hind sight is 20/20... Moral of the story - take price dips as a buying opportunity, especially now at the early stages of a year-long bull market. Buy, hold, and accumulate more if you can. But I'm speaking of BITCOIN of course. Other cryptos will follow Bitcoin's lead, but your best long-term play will be in Bitcoin.

 

[jorge]

Yeah I understand, so far I hold for only 133,000 euro bitcoin, that's only a little more than one bitcoin

 

[mistaphi]

Yeah I understand, so far I hold for only 133,000 euro bitcoin, that's only a little more than one bitcoin

That's good enough to put your wallet in the top million or so wallets that hold 1 BTC or more. 53+ million wallets own less than that so you're doing great. Keep stacking those sats.

 

[jorge]

Are there any stats on this as you mention it like this?

 

[JohnnyDoe]

Are there any stats on this as you mention it like this?

https://bitbo.io/how-many-users/

 

[kokunut]

https://bitbo.io/how-many-users/

stats from 2022 - may not be valid any longer.

 

[void]

Are there any stats on this as you mention it like this?

there are stats everywhere but totally irrelevant as well as all the ridiculous analyses based on UTXOs on addresses - nowadays nobody serious accumulates on a single address, the user knowledge improved dramatically