« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Bitcoin 

By: hydro_gen in 6TH POPE | Recommend this post (1)
Mon, 20 Dec 21 3:30 PM | 20 view(s)
Boardmark this board | 6th Edition Pope Board
Msg. 27732 of 60008
(This msg. is a reply to 27724 by Decomposed)

Jump:
Jump to board:
Jump to msg. #

SO how have your investments worked out on the following??

KPTI
MESO
PSTI
ESPR

I saw many posts about your entry points when you had a PROFITS in the names above yet I must have missed your exit point (it is called taking profit) posts other than a few stating that if X goes to Y then I will sell Z %'s of your position??

You have already admitted you know very little about crypto and asked for a better platform than whatever you were using due to fees. Here is a link that might help you:
http://www.softwaretestinghelp.com/best-cryptocurrency-exchange/

(FWIW - crypto is SPECULATIVE at best. IF/WHEN society collapses there will be NO crypto so IMHO physical metals are a better investment unless one becomes proficient in crypto trading and then converts their profits into something of stored value. In full disclosure I would agree that ETH is a 'better' gamble and I own a little ERTH well below $1,000 - also put any crypto you hold in cold storage)

I have made exactly ONE post regarding any investments and I did so before the most recent FOMC meeting on 12/15/2021. It is over on NEMO's bored

I will post my exit point(s) that will most likely be in 2023 and beyond if I am still here.

Stay safe- stay VACCINE FREE!!!

PEACE

Hydro_gen




» You can also:
- - - - -
The above is a reply to the following message:
Bitcoin
By: Decomposed
in 6TH POPE
Mon, 20 Dec 21 8:40 AM
Msg. 27724 of 60008

Why buy bitcoin? It's because bitcoin is in a trading channel that should close in on $75,000 in one year. Personally, I think it will break out of the channel even sooner and to the upside, but even if it doesn't, a 61% return in about a year ain't bad.

But I don't recommend bitcoin. I recommend ethereum - which I think moves with bitcoin but with far more energy, particularly in the ascents. Bitcoin has a lot of flaws that they fixed when they invented ethereum. In the long run, it's the better digital currency. Ethereum is $3,857 right now.

Below, I've posted a 5-year bitcoin chart to which I've extended the horizontal axis and added annual tic marks. The orange lines show why it would be a good idea to buy now (bitcoin's price is near support) and where you might want to think about selling. - De)



« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next