Are we excited yet?

Suckit

Badly fukt wrote: »

It'll probably drop further by Tuesday being a long weekend in the States. I'm waiting until Monday

I was thinking the same thing. I went to buy, and just before I made the purchase I remembered which direction everything is going.

fritzelly

Prediction is a bigger fall tomorrow - well the indications point to it then maybe a buy time

sparrowcar

I did think about holding off but decided to buy now and relax for the rest of the weekend. Otherwise I'd be glued to the phone waiting for a further drop. Bought my bag at $1.33 so happy enough.

The Oort Cloud

Hi, Charles Hoskinson broadcasting live from warm sunny Colorado, always warm always sunny - sometimes Colorado.


Definitely going to take a month or two for recovery. In Cardano news, Charles speaks the truth and tries to comfort you until Alonzo. HODL ADA religiously

https://www.youtube.com/watch?v=ymrEvC_PA5o

fritzelly

Is there any decent youtubers people follow - most I've found are blowing their own trumpets or changing their minds every few hours or say buy this and a week later say don't touch this

HGVRHKYY

fritzelly wrote: »

Is there any decent youtubers people follow - most I've found are blowing their own trumpets or changing their minds every few hours or say buy this and a week later say don't touch this

The only ones I've found worth watching are Benjamin Cowen, InvestAnswers and CoinBureau. Anyone else I've seen just does ridiculous hopium TA and use cringe thumbnails making stupid over exaggerated faces

Suckit

HGVRHKYY wrote: »

The only ones I've found worth watching are Benjamin Cowen, InvestAnswers and CoinBureau. Anyone else I've seen just does ridiculous hopium TA and use cringe thumbnails making stupid over exaggerated faces

A good rule of thumb for all Youtube channels, is to avoid the ones that rely on youtube subscribers/views to make a living.

fritzelly

Suckit wrote: »

A good rule of thumb for all Youtube channels, is to avoid the ones that rely on youtube subscribers/views to make a living.

Like BitBoy lol

BrandonBay86

fritzelly wrote: »

Is there any decent youtubers people follow - most I've found are blowing their own trumpets or changing their minds every few hours or say buy this and a week later say don't touch this

Absolutely none. Some start as educators (InvestAnswers) etc but all ultimately end up shilling referral links. That’s their goal from the outset. Good investors / traders don’t need to make YouTube channels.

HGVRHKYY

BrandonBay86 wrote: »

Absolutely none. Some start as educators (InvestAnswers) etc but all ultimately end up shilling referral links. That’s their goal from the outset. Good investors / traders don’t need to make YouTube channels.

Not sure I'd entirely agree with that considering how lucrative YouTube is and that plenty of people would see it as an additional revenue source while growing their overall brand/profile which benefits them long-term, just look at the fact that the likes of Will Smith and Jack Black do YouTube these days; actors don't need to make YouTube channels for the same reason you'd think good traders don't (they're already loaded) yet there they are

Once you upload a YouTube video as well it's there for as long as you leave it listed, gathering views over time which contributes more and more revenue. Since they're into investing anyway, they obviously enjoy talking.about it so it's not much effort to take advantage of it - InvestAnswers for example has great qualifications and experience and his videos are really simple to put together

olestoepoke

fritzelly wrote: »

Is there any decent youtubers people follow - most I've found are blowing their own trumpets or changing their minds every few hours or say buy this and a week later say don't touch this

This "Guy" is very good. https://www.youtube.com/watch?v=-vZmJx8yv10

ConseyMan

fritzelly wrote: »

Is there any decent youtubers people follow - most I've found are blowing their own trumpets or changing their minds every few hours or say buy this and a week later say don't touch this

Guy at coinbureau is good if painfully English, and Benjamin Cowen is good. Both of them are adament they can't predict the market short term and as Cowen paraphrases 'All models are wrong, some are useful'

HGVRHKYY

HGVRHKYY wrote: »

The only ones I've found worth watching are Benjamin Cowen, InvestAnswers and CoinBureau. Anyone else I've seen just does ridiculous hopium TA and use cringe thumbnails making stupid over exaggerated faces

+1 on coin bureau. Does decent concise explanations of new coins or concepts without nonsense predictions.

sparrowcar

sparrowcar wrote: »

I did think about holding off but decided to buy now and relax for the rest of the weekend. Otherwise I'd be glued to the phone waiting for a further drop. Bought my bag at $1.33 so happy enough.

You got it right looks like i missed my chance to top up my bag

TXPTGR1

No need to worry lads..,, just zoom out..lol

Suckit

TXPTGR1 wrote: »

No need to worry lads..,, just zoom out..lol

Only reason I'm worried (if at all) is because it's going up.


I want the bigger dip. Hopefully tonight/tomorrow. Then maybe a month or so of more sideways movement.

SnuggyBear

[Deleted User] wrote: »

You got it right looks like i missed my chance to top up my bag

Same, raging lol

Another drop can't be too far off though

sparrowcar

[Deleted User] wrote: »

You got it right looks like i missed my chance to top up my bag

I'm right for now, I could easily be wrong this time tomorrow

fritzelly

Anyone use 3Commas?

Thought I'd have a play with it today and threw a whole 20 euro at it - not sure how it all works but I'm up 0.07$ woohoo

I need to figure out how these bots work

circadian

fritzelly wrote: »

Anyone use 3Commas?

Thought I'd have a play with it today and threw a whole 20 euro at it - not sure how it all works but I'm up 0.07$ woohoo

I need to figure out how these bots work

Yeah I've been using it for a while, Matic was the best performer for DCA a few months ago.

There's some tutorials on youtube how to use it, or you can go to the marketplace and copy someone elses. You can search by metrics (performance over 10/20/90 whatever days) etc.

Irish_rat

Crypto assets a great concern, says Central Bank's Rowland

The rising popularity of cryptocurrencies such as bitcoin is "of great concern" according to the Central Bank's Derville Rowland.

"Crypto assets are quite a speculative, unregulated investment," and people should be "really aware they could lose the whole of that investment," the Central Bank's Director General for Financial Conduct said in an interview with Bloomberg.

Derville Rowland joins a host of central bankers who have raised the alarm on crypto investments.


Bank of England Governor Andrew Bailey has warned cryptocurrencies have no intrinsic value and that people should only buy them if they're prepared to lose their money.

Link

Be very afraid people, the banks are warning us.

Irish_rat

Attention is also focused on the so-called "gamification" of stock investing, which Rowland expects to become an issue for Europe soon.

Online brokerages such as Robinhood Markets have brought a slew of mom and pop investors into the US market and critics accuse them of turning trading into a social activity.

Readers of online platforms like Reddit have played havoc with shares of firms such as GameStop and AMC Entertainment Holdings and people could be exposed if they are effectively using message boards as a substitute for investment advice.

The European Securities and Markets Authority has held discussions on the issue, as well as the Central Bank, Rowland said.

That's terrible, that people can now invest in the stock market using Robinhood.

fritzelly

Yeah stick to stocks and shares, guaranteed to not lose money eh

Bet he already owns some BTC

HGVRHKYY

"Readers of online platforms like Reddit have played havoc with shares of firms such as GameStop and AMC"

Right, so it's regular people and not the hedge funds naked shorting that are 'reaking havoc', prick

I don't understand the gamification angle. Does robinhood have achievements? Surely not

Suckit

Not sure but would think Robinhood will be hoping the EU market saves them. After the GME debacle they are largely unliked and unwanted in the US.
Regarding BTC or crypto, it's advised not to use Robinhood also, as you are not in control of your keys. Robinhood doesn't allow to withdraw it either. You can only buy it and sell it back to yourself with their fees.

It's all true though. I mean unless you think advice like "to the moon" and "hodl" from self described "crayon eating retards" is sound advice.

I'm also holding a bag of near worthless cryptos, very hard to see myself breaking even at the stage.

But on the other hand, whats it got to do with her? Mind your own business springs to mind :-D

Shedite27

Deleted User wrote: »

I don't understand the gamification angle. Does robinhood have achievements? Surely not

If you sell stocks for a profit, when it goes through, the app pops up with balloons and confetti, looks like a slot machine game from Paddy Power. It looks stupid, and drives old money crazy.

Markus Antonius

As I touch my wood here I can't help but be delighted with bitcoin and ethers performance through this correction. I was fully expecting bitcoin to drop to €20-25 level and ether to drop to €1000 level as a realistic worst case. I know it's early days yet but each day that passes my confidence grows. I sold all my sh*tcoins in the crash and will look to put it all back into bitcoin and ether only over the next few weeks/months.

Disclaimer - I am a crayon eating retard so don't take this as financial advice.

https://cryptodaily.co.uk/2021/05/Central-banks-queueing-to-pour-doubt-on-Bitcoin