[Official] Stocks/Crypto/Investing thread

[UltraMega]

This has been a rough day for stocks too, today is the biggest single day drop I've ever had, but it dropped from a high point and I suspect it will recover almost as fast as it dropped. That's seemed to be the trend lately with Omicron fears. 

 

Crypto seems to rise and fall with the stock market these days, but it has been on an over-all downward trend from what I gather. I didn't buy much into it, just 2K of ETH but I've just been watching it slowly dwindle down and I keep thinking I should drop it but I figure as soon as I do it will shoot way up the next day. Maybe I should sell mine just to do everyone else a favor. 

 

Maybe that south park episode killed everyone's enthusiasm for crypto, haha. Butters selling NFT's was pretty hilarious. 

[nova4005]

5 hours ago, Andrew said:

Looks like this is the end of the BTC bull run for this halving.

 

 

It had since dropped a further £100 all in the space of about 1 minute.

 

Bitcoin has been following the same trends since it came out, so I see BTC going down to around $15K-$18K, then it's really going to yeet up to $250K-$300K ATH during 2024/25.

 

Now lets see if I'm right, anyone got a time machine I can borrow?

I am not sure about the $250K-$300K during the next bull run, but I do think we are entering the next lull/downturn till the next halving. I am actually looking to build up some of my crypto investments if it does continue on this downward path.

 

I think if BTC does end up under $20K I will be able to pick up some lower prices coins/tokens for sure!

 

If nothing else I will just keep running my Cardano stake pool until the next BTC halving.

[UltraMega]

Man what a fun week it's been/s