should I short BTC with leverage?
Wait for it to move first. It might breakout any second
Sure. Can't wait to read your next thread on how you lost money. Keep us updated.
>>2798094
You should never use leverage on a very volatile investment, unless you have inside information.
I'm literally shaking right now. I took out a HELOC on my home to get into crypto. I am now $100k in the hole. I might lose the house if prices don't recover.
Hope you lose your house, op
>>2798045
post some proof if you want pity
invest in knee pads
- Warren Buffet
>Just bought 1 ETH
>Will continue to buy if price dips even more
Only fucking idiots unironically believe a DADDY coin like Ethereum isn't coming up for air soon
And only closed-minded, day-trading Pajeet-tier traders don't see that Ethereum will easily be worth $1000 in a few months
>>2798037
going to make the plunge later today m'friend
>>2798041
Then screenshot this. You think I give a shit what about the same things that the limp-wristed fear traders on here give a shit about? This crash has to be the best opportunity to buy ETH ever!
If it does plunge, I'll be buying more, chum.
>>2798037
>brave
>buying the #2 coin
Bitcoin is going to continue to tank with all of the news regarding August 1st. I don't know where I can fucking short it with USD, because Bitfinex has halted margin trading for U.S. residence.
The large Bitcoin banks and trading markets know that it's going to keep tanking until/shortly after August 1st rolls around. Especially whenever you have a good bit of websites telling people that half of their bitcoins will be gone after a potential August 1st split. Bitfinex shutting down margin trading for US traders is fucking absurd. Denying the bulk of their traders the right to utilize trading vehicles.
Bitcoin banks and trading institutions have held your cryptocurrency hostage. Like Holy shit, investing in stocks, with all of the regulations & red tape, gives you more trading freedoms than what you recieve from Bitcoin trading. You will probably never see a company like TD Ameritrade tell its customers, "Uhh.. yeah the stock market is crashing rn... sooo we gonna forbid all U.S. residence, which is where the bulk of our customers live, from margin trading." It's fucking retarded.
Also, Bitcoin should be instant transfer from a trading website to a wallet, but it never is. Sometimes it takes fucking hours to transfer. Not to mention how almost all of the trading websites don't respond to a single fucking one of your complaints.
Bitcoin was supposed to be free from the manipulation of banks, countries, and large corporations, but now it's looking like it's a currency which is being manipulated by banks, countries, and large corporations.
They're going to get too greedy, and the coin is going to plummet. I'm not saying it'll happen before or around August 1st, but to think that Bitcoin will reach a much larger audience with the bullshit that I've had to deal with from the bulk of the bitcoin storage & trading websites is ridiculous.
So my question really remains.. Where in the fuck can I short this current garbage with USD before August 1st comes around?
i believe gdax
>>2798021
Local-bitcoins if desperate. Cash or Bank transfer, read before get scam. Expect a 5-10% fee.
>>2798021
> I don't know where I can fucking short it with USD
eToro?
Can US citizens use eToro?
Litecoin is almost back to .02 BTC
Should I switch to BTC or hodl LTC for August 1
>>2797995
I'm 50/50/50 on BTC/LTC/ETH.
I think they'll all skyrocket eventually.
now it high, sell it
>>2798077
Is 50/50/50 even possible percentage wise?
Oh, you mean you have $50 in each?
Bought all my BTC at $2.900 with loan money and I'm an unemployed poorfag.
I am beyond fucked. Thought it was going to hit 5k and decided to buy while it was still cheap. Didn't know it was the peak of a bubble.
>>2797983
You're a fucking retard
Wait a sec, I got just the thing for you.
HAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAH
Yeah, this was it. You may now KYS.
What if I hold for 10 years?
While the entire market crashes, LTC steady as hell. Only cucks aren't HODLing litecoin
>>2797941
>2 day period
hope you're joking
yeah I fucked your mother OP
Is it safe to assume that Ark will go back up to where it used to be? I think it is a very good opportunity to make quick 3x gains.
Still too much volume for me to get more now, I'll wait for it to go sideways for a few weeks which should cause a drop as "bag holders" sell low.
>>2797927
Not at all.
>>2797927
Ark is DGB 2.0
Francois (ie the only half credible person on that sorry team) said that once he is done building it he's going to hand it off to the community and part ways
Hang around the slack for a day and you would have sold a few days after buying
Being emotionally attached to your investments is worse than being stupid
>>2797906
Excellent picture, thanks, now I don't have to say it in words every time someone posts "hodl"
>>2797906
I like how the chart is going up in both pictures.
>>2797906
>day traders
If miners sell their bitcoins below 1700 they are losing money (production costs)
Below 1700 they must keep the mined coins for better times or sell at a loss.
Therefore Inflation below 1700 is 0 and deflation begins. If you are selling below 1700 you're braindead.
>>2797880
What the fuck are you talking about?
The miners who have been mining since BTC was like $100 are now perfectly willing to sell at $1700 and below you moron.
You're an idiot.
More like you are braindead for selling BTC at all
it doesnt take captain obvious to spot that the value of this will keep going up
>>2797880
>If miners sell their bitcoins below 1700 they are losing money (production costs)
Show me the calculation.
PLS BIZ please PLEASE WILL BITCOIN KEEP DROPPING PLS TELL ME SRS ANSWERS ONLY.
will it drop more up until next weekend when will it STABLIZE
we will see a little recovery and drop alot lower until aug 1st hits
>>2797852
BULLSHIT. i MOST people KNOW about august 1'st so its going to be expected to drop around then so thats when people will be buying... it would make more sense if it dropped a week...or TWO in advance wouldnt it...
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” Warren Buffett
>>2797841
If you wouldnt hold a stock for 10 years, dont even THINK about holding it for 10 minutes.
He was talking about buying coke and General Electric when there are market panics
0% chance Buffett would ever touch a shitcoin including btc
>>2797841
"Buying shitcoins is for mongoloids who hate money."
- Warren Buffet
I SEE GREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN
Enjoy it while it lasts (about 20 minutes)
Screencap this
>>2797835
Take your glasses off fgt
>>2797835
is this the comeback we've all been waitin for?
SELL SELL SELL SELL, ITS ALL OVER, CRYPTO IS JUST LINES OF CODE, GET OUT GET OUT GET OUT
EJECT EJECT EJECT
ABORT ABORT ABORT
>>2797805
BUY BUY BUY!
no, wait...
SELL SELL SELL!
but now the price is lower....
BUY BUY BUY!
OH GOD, WHY DO I KEEP LOSING MONEY?!?
SELL! BUY! SELL!
>>2797816
kek
>>2797805
Tim?
BUY BUY BUY
>>2797766
SELL SELL SELL SELL, ITS ALL OVER, CRYPTO IS JUST LINES OF CODE, GET OUT GET OUT GET OUT
EJECT EJECT EJECT
>>2797788
I DONT KNOW BUT YOU NEED TO DO IT NOOOOOOOW