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Bitcoin
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"Any bitcoin investors......what will physical etf do for the price " What do you think a physical ETF will do to it? Will it help maintain a steadier price? M | |||
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"Bitcoin is in its 4 year cycle to continue bullish for a continued period I would predict. Although this will help a lot of shitcoins gain momentum as it controls the market I’d expect a lot of novice investors will lose money getting sucked into pump’n’dumps." 4 year cycle? | |||
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"Bitcoin is in its 4 year cycle to continue bullish for a continued period I would predict. Although this will help a lot of shitcoins gain momentum as it controls the market I’d expect a lot of novice investors will lose money getting sucked into pump’n’dumps." What do crypto investors base their trades on? Technical trading? Is there such a thing as fundamental trading in cryptocurrencies? If so, what is it based on? | |||
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"Any bitcoin investors......what will physical etf do for the price What do you think a physical ETF will do to it? Will it help maintain a steadier price? M" No one knows. ETF is meant to reduce volatility. But wars, COVID, climate change….. I don’t bother with ETFs currently so unlikely I would bother with crypto ETF. Are they not for old people and pensions who can’t decide what to do so like a bit of everything? I like medium risk , high yield, income generating bonds in USD, Indian & Chinese tech stocks and tier 1 companies in emerging markets , de risked with a bunch of fat US based healthcare and banking. I will always prioritise a steady solid income from a reputable company, like HSBC Jersey, over the latest internet based get rich quick scheme. Don’t look up to these idiots from JP Morgan, they won’t lose a penny of their own money, and they don’t give a toss about yours | |||
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"This is wrong you can stake crypto and earn interest and you don't have to time the market you can invest and hold buy in the bear market accumulate sell in the bull market you can even put an automatic sell on your cryptocurrency so you could be down the beach and could have sold your crypto for a profit with out knowing till you get back " Call me unconvinced | |||
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"Any bitcoin investors......what will physical etf do for the price What do you think a physical ETF will do to it? Will it help maintain a steadier price? M No one knows. ETF is meant to reduce volatility. But wars, COVID, climate change….. I don’t bother with ETFs currently so unlikely I would bother with crypto ETF. Are they not for old people and pensions who can’t decide what to do so like a bit of everything? I like medium risk , high yield, income generating bonds in USD, Indian & Chinese tech stocks and tier 1 companies in emerging markets , de risked with a bunch of fat US based healthcare and banking. I will always prioritise a steady solid income from a reputable company, like HSBC Jersey, over the latest internet based get rich quick scheme. Don’t look up to these idiots from JP Morgan, they won’t lose a penny of their own money, and they don’t give a toss about yours " This is what smart investing looks like Buying fake coins with dogs on hoping Elon Musk utters their name so you can sell for a quick buck isn’t investing | |||
"macro,micro,technical analysis and tokenomics" Tokenomics? Interesting. Where do the figures come from/who issues them? Macro? As in yield curve or more broadly like interest rates, oil price, etc. Micro? What would that be? News like Elon Musk's tease about Doge? M | |||
"Yea ther is technical analysis plus reading the news you buy the rumour and sell the new a good example of this is when the news dropped elkn musk was going to mention doge coin on snl the price shot up at the rumour the week before the day of the show the price dropped buy the rumour sell the news " Isn't this purely speculative trading? You'd have be glued to your trades to wait for any news, wouldn't you? | |||
"Personally I think crypto is a scam that very few get rich from Firstly it’s meant to be a currency? But most people buy it to sit on it and eventually sell? So it’s not really a currency, it’s an asset that your hoping goes up in value Secondly, no passive income. So the only way you win at crypto is to time the martlet correctly. And we all know, you can’t time a market, let alone time it perfectly multiple times to actually make trading crypto worth while Ultimately I’m about 99% sure posts like these are made to bring in new players. Because new players will hopefully drive up prices so OP can cash in. It’s basically a pyramid scam " This is some what true, but the thing is the the same applys to stocks,fiat someone has to lose for you to win, finance is dog eat dog | |||
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"macro,micro,technical analysis and tokenomics Tokenomics? Interesting. Where do the figures come from/who issues them? Macro? As in yield curve or more broadly like interest rates, oil price, etc. Micro? What would that be? News like Elon Musk's tease about Doge? M" sites like "coingecko" and coin market cap" are good to find coins and site like "defilama" will show you the amount of coin minted buy the project how much has been released when they are to be released ect: | |||
"Bitcoin is in its 4 year cycle to continue bullish for a continued period I would predict. Although this will help a lot of shitcoins gain momentum as it controls the market I’d expect a lot of novice investors will lose money getting sucked into pump’n’dumps. What do crypto investors base their trades on? Technical trading? Is there such a thing as fundamental trading in cryptocurrencies? If so, what is it based on?" Wishful thinking and luck. | |||
"my first bull run, so all new yo me, started buying just over a year ago, I remember it so well as the second time I went to by 3 days later was slap bang in the middle of the FTX crash, the price action was insane lol, If only I had known I would of gone all in" Did you have any money in FTX when it went down? | |||
"Any bitcoin investors......what will physical etf do for the price What do you think a physical ETF will do to it? Will it help maintain a steadier price? M No one knows. ETF is meant to reduce volatility. But wars, COVID, climate change….. I don’t bother with ETFs currently so unlikely I would bother with crypto ETF. Are they not for old people and pensions who can’t decide what to do so like a bit of everything? I like medium risk , high yield, income generating bonds in USD, Indian & Chinese tech stocks and tier 1 companies in emerging markets , de risked with a bunch of fat US based healthcare and banking. I will always prioritise a steady solid income from a reputable company, like HSBC Jersey, over the latest internet based get rich quick scheme. Don’t look up to these idiots from JP Morgan, they won’t lose a penny of their own money, and they don’t give a toss about yours " 'Wars, COVID, climate change' impact all markets in some way, whether long or short term. You're right in that ETFs are meant to be a less speculative way for investors to join the market but they run a gamut of risk levels from the speculative and extremely high risk to almost no risk. There are also tax implications for one's investments and the choice on what to trade. It isn't simply about throwing money at a form of investment. It depends on how much of your wealth you want to speculate to generate income and how much of it you want to protect from falling value. For example, 'medium risk, high yield, income generating bonds' may not generate as much income on maturity as safer low yielding ones and may be subject to more tax overall, lowering the comparative income further. M | |||
"Personally I think crypto is a scam that very few get rich from Firstly it’s meant to be a currency? But most people buy it to sit on it and eventually sell? So it’s not really a currency, it’s an asset that your hoping goes up in value Secondly, no passive income. So the only way you win at crypto is to time the martlet correctly. And we all know, you can’t time a market, let alone time it perfectly multiple times to actually make trading crypto worth while Ultimately I’m about 99% sure posts like these are made to bring in new players. Because new players will hopefully drive up prices so OP can cash in. It’s basically a pyramid scam This is some what true, but the thing is the the same applys to stocks,fiat someone has to lose for you to win, finance is dog eat dog" Not really. You invest in a company and the company does well, you and the company do well The company is a real thing too. It’s an actual business. It’s not a digital “currency” that very few use as an actual currency | |||
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"Wishful thinking and luck." 
I know it's easy to knock cryptocurrency trading. I don't understand it enough to say either way. However, as far as I can see, it seems to be based, somewhat, on the factors your mentioned.
M | |||
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"Wishful thinking and luck.
I know it's easy to knock cryptocurrency trading. I don't understand it enough to say either way. However, as far as I can see, it seems to be based, somewhat, on the factors your mentioned.
M"The best bit is the 4 year cycle they talk about Because we all know, anything worth investing in has a nice neat timeframe for buying and sell that no one would take advantage of (except us coz we special) | |||
" sites like "coingecko" and coin market cap" are good to find coins and site like "defilama" will show you the amount of coin minted buy the project how much has been released when they are to be released ect:" For me, I think it's hard to take on board what the fundamentals are that drive the price, apart from a bandwagon mentality where everyone jumps on board as the price escalates until the bubble bursts and everyone jumps ship or margin calls force them to. M | |||
"Bitcoin was at around 5k 5 years ago its now at 32k for the guy that bought it 5 years ago " It was also over 48k in Nov 21 and 13k a year later. Great returns for the person who bought in Nov 21. Anyone can do selective pricing if that is the game you want to play. | |||
"Any bitcoin investors......what will physical etf do for the price What do you think a physical ETF will do to it? Will it help maintain a steadier price? M No one knows. ETF is meant to reduce volatility. But wars, COVID, climate change….. I don’t bother with ETFs currently so unlikely I would bother with crypto ETF. Are they not for old people and pensions who can’t decide what to do so like a bit of everything? I like medium risk , high yield, income generating bonds in USD, Indian & Chinese tech stocks and tier 1 companies in emerging markets , de risked with a bunch of fat US based healthcare and banking. I will always prioritise a steady solid income from a reputable company, like HSBC Jersey, over the latest internet based get rich quick scheme. Don’t look up to these idiots from JP Morgan, they won’t lose a penny of their own money, and they don’t give a toss about yours 'Wars, COVID, climate change' impact all markets in some way, whether long or short term. You're right in that ETFs are meant to be a less speculative way for investors to join the market but they run a gamut of risk levels from the speculative and extremely high risk to almost no risk. There are also tax implications for one's investments and the choice on what to trade. It isn't simply about throwing money at a form of investment. It depends on how much of your wealth you want to speculate to generate income and how much of it you want to protect from falling value. For example, 'medium risk, high yield, income generating bonds' may not generate as much income on maturity as safer low yielding ones and may be subject to more tax overall, lowering the comparative income further. M" That’s true, but bitcoin and other crypto, are super volatile to begin with. Other things are much more predictable like the other end of the scale are metals which we know will increase during uncertainty, and decrease when things stabilise. Everyone’s goals and situation is different. That’s why no one’s choices are right for somebody else. Personally, Id like to die with zero. I’ve no interest in wealth preservation to future generations. If that happens, it means I worked too long and saved too much. But I want ti maximise experiences and generosity while I’m alive ! Right now, for next few years, I want my money working hard to pay me a 2nd wage as I have two homes and young adults wedding help. I’m not overly concerned with the capital growth. | |||
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"Personally I think crypto is a scam that very few get rich from Firstly it’s meant to be a currency? But most people buy it to sit on it and eventually sell? So it’s not really a currency, it’s an asset that your hoping goes up in value Secondly, no passive income. So the only way you win at crypto is to time the martlet correctly. And we all know, you can’t time a market, let alone time it perfectly multiple times to actually make trading crypto worth while Ultimately I’m about 99% sure posts like these are made to bring in new players. Because new players will hopefully drive up prices so OP can cash in. It’s basically a pyramid scam This is some what true, but the thing is the the same applys to stocks,fiat someone has to lose for you to win, finance is dog eat dog Not really. You invest in a company and the company does well, you and the company do well The company is a real thing too. It’s an actual business. It’s not a digital “currency” that very few use as an actual currency " XRP= RIPPLE, HBAR=HADERA, ETH= ETHEREUM, real companys, yes there is a lot crap out there so you right in some aspects, if you ask me about this 18 months ago I would of been in the it's a scam camp. | |||
".... Not really. You invest in a company and the company does well, you and the company do well The company is a real thing too. It’s an actual business. It’s not a digital “currency” that very few use as an actual currency " Companies can go down and take a whole load of investors down too....Worldcom to name one. How the stock work is that investment companies will be privy to finances and paperwork that must be submitted to the regulatory authorities. They are pored over by analysts who then make a 'call' on the financial health of the company, hence its stock and give a forecast of its growth based on those documents. What does happen is that some companies will wine and dine analysts to encourage good calls, blah blah blah....you get the gist....and this is how we can end up with real companies failing spectacularly when a whistleblower blows the lid off. | |||
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"Wishful thinking and luck.
I know it's easy to knock cryptocurrency trading. I don't understand it enough to say either way. However, as far as I can see, it seems to be based, somewhat, on the factors your mentioned.
M
The best bit is the 4 year cycle they talk about
Because we all know, anything worth investing in has a nice neat timeframe for buying and sell that no one would take advantage of (except us coz we special) "you do know the stock markets also move in cycles, the time frame maybe way longer, but a cycle is a cycle | |||
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"I had it dropping to 10k I was off by 3k most people who been in the crypto market knew it was gonna drop it was the bear market wansnt at all a surprise to people following the trend of past markets every 4 years the amount mined is halved causing a supply shock as there will never be more than 21 million they cannot print more they cannot inflate it . and why would anyone Buy at the top off the bull market if your gonna chuck money at something with out researching it your gonna lose " This is what I don't understand about this market. As you've said, it's a finite market cap, they can't 'print' any more than what's there. What determine's the price of it? Simply supply and demand? Is that it? For example, with government issued currencies like the British Pound, the factors determining its value is the nation's GDP, inflation, trade, interest rates, unemployment, wage growth, down to even the number of benefits claimants......there are a myriad of factors and regularly released statistics that we can analyse. We then compare it to the nation's health of a pairing currency, say, the Euro to determine the exchange rate and trade off that. That is how we derive a value for a particular currency and currency pair. What are the equivalent statistics and who issues them for cryptocurrencies? M | |||
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"A crash I due ?" I'm hoping so as I wish to allocate more at at better prices, I was saying to a mate of mine, I've got this feeling that in January the ETF wont get approved crashing the markets, the big boys rock up chicken nuggets in hand, ready to take advantage of the dip then approve it just before the halfing | |||
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"The best I can answer this is to research it yourself start by looking into what bitcoin actually is to understand it and who made it its a movement aswell a lot of people are fed up of governments stealing there wealth through printing money causing inflation there people called bitcoin maxis and they are religious about it " That's the thing, I know how it's made and mined, stored in block-chain, that sort of thing. What I don't understand is what drives the price apart from only supply and demand of a finite resource. Essentially, it's a cartel, a cult of crypto zealots that's driving the price, is that what you're saying? M | |||
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"I was thinking a stock market crash " When?  | |||
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"I was thinking a stock market crash " I was thinking the same about a stock market as well because it usually crashes, before the elections and their USA have them end of next year so I think there will be some sort of crash in stock market, when it could be it's been one's guess. but I think next year they would definitely be some sort of correction in the market | |||
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"More than happy sticking with my annual purchase of a Krugerrand, number 51 will be purchased in January." You've been buying them for 50 years? Good show; you're, figuratively, minted. 
M | |||
"The best I can answer this is to research it yourself start by looking into what bitcoin actually is to understand it and who made it its a movement aswell a lot of people are fed up of governments stealing there wealth through printing money causing inflation there people called bitcoin maxis and they are religious about it That's the thing, I know how it's made and mined, stored in block-chain, that sort of thing. What I don't understand is what drives the price apart from only supply and demand of a finite resource. Essentially, it's a cartel, a cult of crypto zealots that's driving the price, is that what you're saying? M" And is the fiat system any different?? there a book called the the "Creature from jekell Island" give it a read, 18mth I was that guy "bitcoin a scam" until I learned that the biggest scam pulled on the world is fiat currency, we are economic subordinates | |||
"....... And is the fiat system any different?? there a book called the the "Creature from jekell Island" give it a read, 18mth I was that guy "bitcoin a scam" until I learned that the biggest scam pulled on the world is fiat currency, we are economic subordinates " I'm not saying that Bitcoin is a scam. I simply don't understand what determines the price apart from speculative demand and supply. As I've said above, fiat currencies are determined by the economic factors driving the economy. What is fair value is determined by the nation's ability to produce, trade, consume. It isn't simply printed willy nilly and when it is, we get runaway hyperinflation like in Germany in 1920s and Zimbabwe a few years ago where 100 trillion Zim Dollars was worth 40 US cents. Governments still need to follow economic rules on how much to print in order to control their respective economies. | |||
"....... And is the fiat system any different?? there a book called the the "Creature from jekell Island" give it a read, 18mth I was that guy "bitcoin a scam" until I learned that the biggest scam pulled on the world is fiat currency, we are economic subordinates I'm not saying that Bitcoin is a scam. I simply don't understand what determines the price apart from speculative demand and supply. As I've said above, fiat currencies are determined by the economic factors driving the economy. What is fair value is determined by the nation's ability to produce, trade, consume. It isn't simply printed willy nilly and when it is, we get runaway hyperinflation like in Germany in 1920s and Zimbabwe a few years ago where 100 trillion Zim Dollars was worth 40 US cents. Governments still need to follow economic rules on how much to print in order to control their respective economies." I've not been in the space very long but from what I can work out is the fact that you are custodian over your own wealth rather than having held by 3rd party and by the nature of the asset it also will become deflationary at some point after the last halfing | |||
"....... I've not been in the space very long but from what I can work out is the fact that you are custodian over your own wealth rather than having held by 3rd party and by the nature of the asset it also will become deflationary at some point after the last halfing" Custodian of your own wealth can be in the form of cash in your mattress too. On the most simplistic level, if everyone is custodian to their own bit of Bitcoin, how would people have the ability to borrow to finance a mortgage or start/expand a business? Who do they borrow from and who sets the rate? Clearly, I have many questions and need to toodle off to do some research, as had been suggested to me earlier. M | |||
"....... I've not been in the space very long but from what I can work out is the fact that you are custodian over your own wealth rather than having held by 3rd party and by the nature of the asset it also will become deflationary at some point after the last halfing Custodian of your own wealth can be in the form of cash in your mattress too. On the most simplistic level, if everyone is custodian to their own bit of Bitcoin, how would people have the ability to borrow to finance a mortgage or start/expand a business? Who do they borrow from and who sets the rate? Clearly, I have many questions and need to toodle off to do some research, as had been suggested to me earlier. M " lookintobitcoin com is also a useful. on YouTube I also follow, coin bureau channel, these guys give you a well rounded view of the crypto landscape | |||
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"There's so much more to Blockchain technology that will disrupt industry. Considering the news about Uber and lift companies like teleport will be highly sought after people just don't take the time to understand and call it a Ponzi scheme but I think the technology is fantastic. X " It has huge potential but I’m not seeing that much demand for engineers compared to things like generative AI, IoT & Cloud. I think the biggest problem with blockchain ledgers is it’s applications are mostly in developing & emerging markets like land registry but there’s not the investment Teleport isn’t a new idea - usernames and passwords are being used less and less , it was predicted they will be practically non existent by 2027 | |||
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