Someone asked me how I make so much in crypto, I told them Kenny Rogers had all the answers. Their reply was what the fuck does Kenny Rogers have to do with cryptocurrency?
My response: YOU GOTTA KNOW WHEN HOLD EM KNOW WHEN TO FOLD EM KNOW WHEN TO WALK AWAY KNOW WHEN TO RUN YOU NEVER COUNT YOUR MONEY WHILE YOU ARE SITTING AT THE TABLE!
I was bound to happen. When the big crash does happen next will be a tech crash as crypto miners try to dump their used graphics cards on the market already reeling from supply shortages. Product lines built exclusively for crypto will incur huge loses for graphic card companies. Then a glut of oversupply from the dumping of the used cards back on the market causing a price crash, and possibly brand reputation damage from failures induced from bitcoin mining in the 2nd hand market. Finally followed up the hoard of e-waste.
Nobody mines Bitcoin on GPU's. Prices must go down at least 90% for at least a few months for the mining profitability to reduce enough to cause a crash in the tech market.
China will be the first one to fall because they're the biggest user of ASIC chips which can literally only do SHA256 hashing and nothing else. GPU's at least have many other purposes, and many decentralized apps have "rainy day funds" to keep their operations going even in the event of a market crash.
I said this months ago. No one listens. Greed kills. You get in the get out fast. The rest is for the suckers. Go public, make a mint and then crash it and burn it. Same old dance.
Corrections after the 25% gains during last week. Basic physics, what goes up must come down. On the plus side the price is now stable at bottom support and no resistance above. Once the buyers start to buy in again we may se new ATH's.
Binance. If you are outside the US, use Binance.com, if you're in the US, Binance.us. Binance. com no longer accepts US customers because KYC unless you use a VPN as a way around it. In contrast to Binance.us, Binance.com allows you ton trade futures and leveraged coins which gives you up to 120x leverage, meaning you can make (or lose) much more.
but i would love to see a couple purple hair leftys loose their ass
Oh they will :) Lefties don't understand the true purpose of crypto, i.e censorship resistance and freedom. They buy in at the top because it's trendy in a time when MSM is writing about it all the time. Then when a small crash like this comes, they panic sell which increase the size of the crash a bit.
Trust me, when they wake up they will cry to their friends about "the crypto scam", and MSM will fire up their propaganda machine and blame Trump for the crash. This ain't the first time, and certainly not the lest time. I'm buying in now with stop loss below. Crypto gains always feels better with liberal tears.
Went it just trading at 55k per btc last week or the one before? Can this really be called a "crash"? I don't have any because I think it's dumb but, doesn't seem like "crash" is the correct term.
Someone asked me how I make so much in crypto, I told them Kenny Rogers had all the answers. Their reply was what the fuck does Kenny Rogers have to do with cryptocurrency?
My response: YOU GOTTA KNOW WHEN HOLD EM KNOW WHEN TO FOLD EM KNOW WHEN TO WALK AWAY KNOW WHEN TO RUN YOU NEVER COUNT YOUR MONEY WHILE YOU ARE SITTING AT THE TABLE!
Hahaha. Gold
I made 14,000% return twice this month on 1 currency
I was bound to happen. When the big crash does happen next will be a tech crash as crypto miners try to dump their used graphics cards on the market already reeling from supply shortages. Product lines built exclusively for crypto will incur huge loses for graphic card companies. Then a glut of oversupply from the dumping of the used cards back on the market causing a price crash, and possibly brand reputation damage from failures induced from bitcoin mining in the 2nd hand market. Finally followed up the hoard of e-waste.
Nobody mines Bitcoin on GPU's. Prices must go down at least 90% for at least a few months for the mining profitability to reduce enough to cause a crash in the tech market.
China will be the first one to fall because they're the biggest user of ASIC chips which can literally only do SHA256 hashing and nothing else. GPU's at least have many other purposes, and many decentralized apps have "rainy day funds" to keep their operations going even in the event of a market crash.
I said this months ago. No one listens. Greed kills. You get in the get out fast. The rest is for the suckers. Go public, make a mint and then crash it and burn it. Same old dance.
COINBASE IPO signaled the top.
What's going on? 15% drop outta nowhere?
happens all the time, no one freaks out about it anymore unless they're completely noob to the scene
Corrections after the 25% gains during last week. Basic physics, what goes up must come down. On the plus side the price is now stable at bottom support and no resistance above. Once the buyers start to buy in again we may se new ATH's.
What exchange (s) are preferred for opening and account to specifically buy crypto?
Binance. If you are outside the US, use Binance.com, if you're in the US, Binance.us. Binance. com no longer accepts US customers because KYC unless you use a VPN as a way around it. In contrast to Binance.us, Binance.com allows you ton trade futures and leveraged coins which gives you up to 120x leverage, meaning you can make (or lose) much more.
What the hell was that. That shit is probably unstoppable . but i would love to see a couple purple hair leftys loose their ass
Oh they will :) Lefties don't understand the true purpose of crypto, i.e censorship resistance and freedom. They buy in at the top because it's trendy in a time when MSM is writing about it all the time. Then when a small crash like this comes, they panic sell which increase the size of the crash a bit.
Trust me, when they wake up they will cry to their friends about "the crypto scam", and MSM will fire up their propaganda machine and blame Trump for the crash. This ain't the first time, and certainly not the lest time. I'm buying in now with stop loss below. Crypto gains always feels better with liberal tears.
Went it just trading at 55k per btc last week or the one before? Can this really be called a "crash"? I don't have any because I think it's dumb but, doesn't seem like "crash" is the correct term.