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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    J3ff said:
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    What color lambo are we looking at ??? 
    GREEN of course!  Hahaha.  I put some of the $ to good use, and installed a whole new stereo system and rear cameras on the Class A diesel pusher.  
    Dogecoin is the one to watch.  It has recently really ramped up.  And Elon's new division he's in charge of for Trump's administration is cleverly named D.O.G.E. (department of Government efficiency)  Standby for some serious government fat to be trimmed!  Way way needed. 
    2000 Captiva 232 
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    Lake_Bum said:
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    GREEN of course!  Hahaha.  I put some of the $ to good use, and installed a whole new stereo system and rear cameras on the Class A diesel pusher.  
    Dogecoin is the one to watch.  It has recently really ramped up.  And Elon's new division he's in charge of for Trump's administration is cleverly named D.O.G.E. (department of Government efficiency)  Standby for some serious government fat to be trimmed!  Way way needed. 
    Yup yup. I thought buying in around 40k might be stupid. Not anymore!! 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    MarkB said:
    Just remember ... crypto is give and TAKE.  Be careful ... like today ... we went from 49k high yesterday to 43k today. It's not for the faint of heart.
    Here's MarkB's quote from just 11 months ago.  Bitcoin was at $43k on that day in January.  We've been flirting with $100k recently. It met resistance at $99k and keeps bouncing back and forth from 96-98.   It's NOT one to ever ever sell in my opinion, but I guess "someday" it's inevitable lol.   The big story recently, along with many, many others is XRP.   It's finally doing what everyone has predicted for years.  And just getting started.  Up over 400% in a month, and will keep rising up up up up.......if you don't have any, it sucks to be you haha.  I accumulated when it was still being sued by the FCC and was dirt cheap.  Not anymore  :D
    2000 Captiva 232 
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  • MarkBMarkB Member Posts: 3,987 ✭✭✭✭✭
    This is what we call "alt season" after a large BTC markup, and at the end of that mark up, money moves from BTC to alts ... the alts are pumped remarkably.  Traditionally, in the past, once alt season is over, the entire thing (total crypto market) comes crashing down, starting with a large BTC mark down. In past mark downs, BTC corrects by losing between 70% and 85% of it's value (yes, I said that right).

    Now, please note, history DOES NOT need to repeat itself. For the first time every, institutional investment is dominating BTC purchases ... prior to now, it was mostly Wall St. vs. the little guy.  Anyhow, it is a speculative asset ... so I'm sure there will be a surprise correction at some stage.  

    It's always wise to take profit ... at least some.  As long as all we care is how many USD that BTC is worth ... then take the USD profit.

    For me, LTC is been doing very well ... I think it has great upside potential, but I am watching fervently for that end to alt season ... because I don't want to get caught in an 80% correction, to try and make another few $$ being too greedy.

    Boat Name: King Kong

    "Boat + Water = Fun"

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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    Woooooo BTC 100k+ @Lake_Bum doin the dance!!
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  • aero3113aero3113 Member Posts: 9,156 ✭✭✭✭✭
    Now that it hit $100k, will probably see it rise a good amount more.
    2008 330EC
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    $103 k  B)
    2000 Captiva 232 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    And $104K before bed.   
    2000 Captiva 232 
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  • MarkBMarkB Member Posts: 3,987 ✭✭✭✭✭
    These rounded price limits (like $100k) are called psychological resistance levels. There are no real fundamentals to have a limit there (for example in another currency like the EUR ... $100k is not a round EUR number ... it means nothing really.  Real resistance levels have technical fundamentals behind them.  So the psychological levels are typically tested, but sooner or later broken through, just like BTC did now.

    Boat Name: King Kong

    "Boat + Water = Fun"

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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    time to buy the dip? 
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    image@Lake_Bum you in on this? 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    Fartcoin?  Hahahaha sounds like a "sound" investment  :D  
    Quite a few people got burned on the meme coin "Hawk Tuah" recently too haha.  

    I'm not buying the dip....YET.  But I'm getting a pretty big bonus at work this year.  I'm putting 1/3 into savings, 1/3 into mortgage, 1/3 into Crypto!   Big things are happening very very soon.  Trump is planning on a Bitcoin reserve, the Fed is cutting rates, Saudi just approved XRP in their banks, etc.  The possibilities are endless. 
    2000 Captiva 232 
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    so funny how one stock can be the biggest gain of the entire year for someone, and all it takes is a buy in on a Friday and a Monday squeeze.. still in it took profit on 80% of the shares. HOLO to the moon
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  • MarkBMarkB Member Posts: 3,987 ✭✭✭✭✭
    Whenever (in the past) crypto enters stupid phase, such as when stupid coins start performing as (highly risky) investments ... then watch out ... this is where all the scams start happening.

    Boat Name: King Kong

    "Boat + Water = Fun"

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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    Bitcoin just topped the all-time high, on Trump's first day.  This should be FUN  B)
    2000 Captiva 232 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    Well the BIG crash, came and went.  Trump's Tariff's caused some severe panic selloff's.  Record levels in Crypto actually.  Quite a few dipped 40% last night!  
    Luck would have it, I grabbed a few handfuls of XRP at about a 40% dip.  Mexico and Canada both flipped over, and crisis averted almost right away.  

    This crash was bigger than the Covid crash. But it was fast & furious! 
    2000 Captiva 232 
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  • MarkBMarkB Member Posts: 3,987 ✭✭✭✭✭
    edited February 4
    Yup, and EFTs bought most of the BTC (and probably key alts) on that dip (so I heard) ... they took advantage.

    Boat Name: King Kong

    "Boat + Water = Fun"

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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    Hopefully you're ALL buying.  Got to capitalize on this huge dip.  I didn't dig too deep, but I made it worth it. 
    2000 Captiva 232 
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    Lake_Bum said:
    Hopefully you're ALL buying.  Got to capitalize on this huge dip.  I didn't dig too deep, but I made it worth it. 
    https://www.reuters.com/markets/eu-seeks-unity-first-strike-back-trump-tariffs-2025-04-06/

    aint done dipping yet. 
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  • Dream_InnDream_Inn Member, Moderator Posts: 7,703 mod
    yes, I've been buying.  Unfortunately I still had quite a bit in there, but added my Roth's for the last two years and I had my kids Roths get pushed into something as well.  I also bought a few more stocks, but what I still had in there sure is taking a beating.  Oh well, leave it alone and it will come back.

    Dream 'Inn III -- 2008 400 Express

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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    J3ff said:
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    https://www.reuters.com/markets/eu-seeks-unity-first-strike-back-trump-tariffs-2025-04-06/

    aint done dipping yet. 
    Well putting it on the radar is the reason for my post.  Not claiming it's the "bottom", but to be aware, and capitalize on this opportunity  B)
    2000 Captiva 232 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    J3ff said:
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    https://www.reuters.com/markets/eu-seeks-unity-first-strike-back-trump-tariffs-2025-04-06/

    aint done dipping yet. 
    You were saying.....😂
    2000 Captiva 232 
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  • Dream_InnDream_Inn Member, Moderator Posts: 7,703 mod
    well, I did as much buying as I could the last couple days.  Didn’t get complete bottom but feel good about where I got.  If I wasn’t paying for a wedding and car for one and college for the other, I would’ve had more cash on the side to use. Dam kids!😀 Remember that @aero3113 , they look all cute now, but gonna really cost you later😆 ( glad only one is a girl, but the boy will probably find someone that can’t afford a wedding, lol)

    Dream 'Inn III -- 2008 400 Express

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  • aero3113aero3113 Member Posts: 9,156 ✭✭✭✭✭
    LoL @Dream_Inn !
    My 7 year old lost another tooth today $🤑$
    2008 330EC
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    edited April 11
    Lake_Bum said:
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    You were saying.....😂
    ahhh we'll see. Made a nice chunk of change shorting NQ yesterday twice. Middle of a 3 micro NQ contract short, was about 1000 in the green during the screen shot, +301 is the stop loss, closed it out shortly after. 



    Def a nice green bar up there on this chart, but looking like we may retrace the entire move. 

    For all of our portfolio's sake I hope it doesn't. Just saying what it looks like. 



    Crossing fingers that we rocket up on open, not going to be surprised if we don't. 
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  • Lake_BumLake_Bum Member Posts: 1,015 ✭✭✭✭
    Well it was the biggest gains in a single day, since 17 years ago in 2008.   The Chess match isn't over with China though.  Other than my 401k being heavily invested in the S&P 500, I'm mostly sticking to Crypto for outside investing.  People get WAY too worked up over the dips, when the reality is, you don't lose if you DON'T sell!   Buy the dips, hold for the long game  B)
    2000 Captiva 232 
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  • PickleRickPickleRick Member Posts: 4,077 ✭✭✭✭✭
    Don't make any investments in the towing industry.  Jaguar and land Rover will be stopping imports to the US because of tarrifs.  The towing industry is going to sink because of this.  
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  • J3ffJ3ff Member Posts: 4,131 ✭✭✭✭✭
    Lake_Bum said:
    Well it was the biggest gains in a single day, since 17 years ago in 2008.   The Chess match isn't over with China though.  Other than my 401k being heavily invested in the S&P 500, I'm mostly sticking to Crypto for outside investing.  People get WAY too worked up over the dips, when the reality is, you don't lose if you DON'T sell!   Buy the dips, hold for the long game  B)
    that works until someone comes in and sinks it on purpose. Today was a decent day, but not back to where we were last week. Guess we'll see. Have been through it before. However this time it's being done on purpose much faster than before. That -10% was obviously more two days ago. 



    Still not easy to watch xx,xxx and close to xxx,xxx leave your account because of a tariff war. 
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