BITCOIN

jvandy50

Well-Known Member
Established Member
Premium Member
Joined
Sep 22, 2015
Messages
2,268
Location
AR
I use it and I agree, there is not an easy way to track profits on individual coins. I also use Binance, Kraken and Bybit. None of them are perfect. Biggest grip I have with coinbase is that they don't have that many coins.
ok i feel a little better about it now lol. do the others you use track your personal performance or are they 24hr too?
 

KilledbyKenne

Well-Known Member
Established Member
Joined
Aug 28, 2013
Messages
1,451
Location
Mountains
The fees on Coinbase are certainly hard to stomach after being used to Robinhood. (Yes I know how they get away without charging fees. Don't need the lecture. Lol)
 

quad

Well-Known Member
Established Member
Joined
Jun 1, 2004
Messages
8,073
Location
Detroit
Meanwhile Binance Coin BNB is up 600% this month! People are all getting caught up with the Bitcoin price and missing better investment opportunities. Bitcoin is not the best place to make massive gains right now because it is priced so high.
 

svtfocus2cobra

Opprimere, Velocitas, Violentia Operandi
Established Member
Joined
Sep 24, 2004
Messages
26,241
Location
Washington
What do you guys think of this massive decline? Will it continue or is this just a short correction? The fact that everything is falling makes me think there will be a huge rebound soon, but these drops in the past have been massive and make for good opportunity in the long run.
 

MG0h3

Well-Known Member
Established Member
Joined
Jul 23, 2014
Messages
13,685
Location
El Paso, TX
What do you guys think of this massive decline? Will it continue or is this just a short correction? The fact that everything is falling makes me think there will be a huge rebound soon, but these drops in the past have been massive and make for good opportunity in the long run.

Hard to say. It’s getting a lot of attention on CNBC. Not necessarily good attention either.

Got Janet Yellen calling it dangerous or something.

Other people likening it to gold.

You should be able to watch on Binance or Coinbase start to identify when lots of selling is going on. Take some profits and buy back in on the dip.


Sent from my iPhone using the svtperformance.com mobile app
 

svtfocus2cobra

Opprimere, Velocitas, Violentia Operandi
Established Member
Joined
Sep 24, 2004
Messages
26,241
Location
Washington
Hard to say. It’s getting a lot of attention on CNBC. Not necessarily good attention either.

Got Janet Yellen calling it dangerous or something.

Other people likening it to gold.

You should be able to watch on Binance or Coinbase start to identify when lots of selling is going on. Take some profits and buy back in on the dip.


Sent from my iPhone using the svtperformance.com mobile app

I read why it is happening with Ethereum but it doesn't really explain the others. It's happened before a fee times already so there's no need to be concerned in the long term.
 

svtfocus2cobra

Opprimere, Velocitas, Violentia Operandi
Established Member
Joined
Sep 24, 2004
Messages
26,241
Location
Washington
So does the fact that everything else is pulling back as well just a result of the correction with BTC? I'm assuming that's that's case.
 

Rb0891

Well-Known Member
Established Member
Premium Member
Joined
Feb 9, 2020
Messages
3,900
Location
Indiana
So does the fact that everything else is pulling back as well just a result of the correction with BTC? I'm assuming that's that's case.
Pretty much. A month ago everyone would have been high fiving a $47K BTC. Need to zoom out on the chart and feel at ease with the pullbacks. It also helps when it happens when I am asleep. LOL.
 

quad

Well-Known Member
Established Member
Joined
Jun 1, 2004
Messages
8,073
Location
Detroit
Pretty much. A month ago everyone would have been high fiving a $47K BTC. Need to zoom out on the chart and feel at ease with the pullbacks. It also helps when it happens when I am asleep. LOL.
Not me I was a wake and watched the shit show lol! I kept refreshing the screen and seeing BTC and ETH drop. But they all dropped. We might see the correction continue for a bit. I did not panic sell. The time to sell is when everything is up.
 

Users who are viewing this thread



Top