Just out of curiosity, do you have any allocation to Bitcoin currently? And do you have allocation to any other crypto still?
No. I sold everything at the very bottom like a wise investor. Just do the opposite of what I do and you'll make out fine. I won't touch crypto again so it's probably in your best interests to buy more.
The Bull is back! Days of 5 digit bitcoin are almost over. Hope everyone’s been stacking those sats in 2018/19 bc 20/21 is gonna be fun.
YOU GUYS HAVE FOMO YET THE TECHNOLOGY OF THIS IS SO SUPERIOR AND THE ALMIGHTY DOLLAR IS GOING BY THE WAYSIDE!?!!!!!!1111!!!!!!!!!
my strategy of buying a couple of years ago and not being able to sell because i literally don't know how to continues to marginally pay off
Was looking to finish closing the rest of my position at 9965. It went 9955 on bmex before pulling back Anyone familiar with bitmex? I’m very new to futures trading. Why don’t they let you place buy orders below your liquidation price on a perpetual contract but if the orders are placed before the liquidation is calculated theyll remain on the book? I can’t alter them in any way once I have contracts open.
Bitcoin dominance at over 60% for the first time since 2017. Yet another of the many signs that this bull run is not retail driven.
I wish I had some spare cash to throw into this recent bull market and hope for a lotto ticket, but for now, I'm full Hodl to try and get back even from the crash of new year's 2018
probably depends on the momentum as it gets into that range. If it sits at $17k for a few days i'm sure people will start taking profits whereas if it blasts past $20k there will be a lot of HODLs
It's the volume that's really nuts here. At least according to Coinmarketcap, the daily volume is about twice that of what it was at its highest point in December of 2017.
So I have like $400 worth of LTC that I've been holding for a long ass time, should I convert to BTC?
JMO but i'd sit tight if you're still in alts. As soon as btc cools off alts will pump. LTC has a halvening in August I believe which should help you too.
Let's be honest, nobody knows why this shit goes up or down. You could tell me a monkey is hitting up and down keys and I wouldn't be able to say you're wrong.
I'd like those monkeys to continue banging the up keys as my head is almost above water on this shit.
I wish I had parked my shit in BNB in the fall of 2017 and left it there I’d be a fucking millionaire
I'd be careful with that assumption. Last time alts popped on the back of a heavy retail bull market. Basically you had people taking profits from BTC (and probably some from ETH as well) and flipping that to alts. Given that this bull market looks more like an institutionally driven market, I wouldn't assume the behavior will be the same, until (if?) retail hops on and makes some money. LTC halvening may help, though, as you say.
people exiting Binance by selling alts into BTC and transferring off Binance causing the price to jump
The main reason I'm not buying that is that the market cap for all cryptos combined, per CMC, is currently $362 billion. Here's what it was on some other days: June 13th (day before Binance announcement): $263.5 billion June 14th: $273 billion June 15th: $277 billion So since the day of the announcement, all cryptos combined are up about 32.6%. Further, Bitcoin's market cap has increased from ~$153 billion on June 14th to ~$223 billion today. So while Bitcoin's market cap has gone up by about $70 billion since June 14th, non-Bitcoin cryptos have gone up by about $19 billion, as well. If it were just people trading shitcoins for BTC, and pumping BTC as a result, none of this would be true.
both can be true. we've had months of stagnation and as soon as BTC shows a pulse, people start buying.