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17756358 No.17756358 [Reply] [Original]

I’ve been out of the game since Jan of 18 and made a little money back then. Crypto has been kind of blah at best since then like I figured it would, nothing like the rush of 2017 that’s for sure. Having said that this mega dip looks pretty tempting. Say I had a few grand to throw at btc, eth, and bch I’m kind of thinking that might be a decent move. whatchall think. Not sure whether to just pull the trigger now or wait to see if it keeps plummeting. Covid is definitely still getting worse before it gets better so I tend to think I might wait a few more days or weeks. Time in is better than timing the market, I know, but I figure I’ll leave it alone for 6 months to a year anyway

>> No.17756464

You have the right idea. Just wait it out a bit longer. They have to take out a little bit more money from idiots.

In fact, the market might go up for weeks to put people into a trap for a serious crash. This isn't even that much of a crash despite all the sensationalism.

>> No.17756817
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17756817

I honestly believe that we should wait a few weeks or even a few months instead of FOMOing in, cryptos are going down even lower, I wouldn't be surprised if Bitcoin went down to 4k.

Just watch pic rel while you wait for things to settle so you can get in.

>> No.17757110

>>17756817
I’m definitely interested but this level of drop and this quickly hasn’t happened in many many years I believe. Makes it all the more difficult to guess what the hell its going to do. truth is no one really knows of course

>> No.17757331

>>17757110
Indeed, I know exactly what you are feeling, I am also FOMOing, but experience (painfully) taught me well, I am gonna wait for now.

>> No.17757537

>>17757110
It will go down to natural use instead of chinese pumped levels. 1000-2000. Nobody needs to move money out of china plus halving will lead to difficulty crash. 1000 is a pretty good place for it to end. Might dip below that. Once it crosses 2000 I'm buying with whatever money I can muster, it's utility is way too high for it to stay that low.

>> No.17757585

>>17756358
wait, you don't even need to time the bottom perfectly. just wait for some sideways movement and bullish reversal. don't try to catch knives. I sold all my eth at 270, just going to wait it out and see where crypto can gain stability then invest a bit of my profits back in.

>> No.17757709

I have cash on hand and waiting for the right moment. People actually think this is zombie apocalypse just like in the movie. More drop is very possible. Just watch from the sidelines and hop in when the time is right.

>> No.17757791

>>17757709
Indeed.
I want to get rid of my BRL (Brazilian Bananas) as soon as possible becase BRL TO USD is 4.70 to 1, but it's not quite the right time just yet.
Better to lose a little than to lose it all.

>> No.17758406

>>17756358
do not buy crypto until stocks recover. it will take some time for investors

>> No.17758418

>>17757537
If it gets that low you bet I’ll be doing the same

>>17757585
that sounds like solid advice

>> No.17758842

>>17756358
BCH sort of isn't a thing now if you coming from that time when it actually was.