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Tony what's ur Bitcoin advice


Posts: 1331

2022 you told me to buy crypto beginning of 2024 when 'bear market' would stop. But the price seems to be quite high. What's your advice? 

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0 votes RE: Tony what's ur Bitcoin advice

2022 you told me to buy crypto beginning of 2024 when 'bear market' would stop. But the price seems to be quite high. What's your advice? 

 My advice is the same. In the trading group I stated Watch the date.

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And BTC did crash 62% from there to its bottom in 2023. Other assets even worse.

You asked. on November 9th 2022

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If you bought then you would've been caught in a -26% dip with 24 hours. And we both know you can't handle losing a little $900 without someone stepping int to pick up the pieces. EDIT: The recovery from that would've taken 66 days while the best buy came early 2023. ( BTC broke expectation cause Blackrock started buying up Bitcoin )

USD is also much weaker. We're seeing 7 dollar cabbage, 18 dollar Big Mac's plus McDonald's is considering leaving California cause minimum wage got jacked up. When the dollar is weakened, cryptocurrency also goes up in dollar amount. If that never happened we'd have BTC in the 25k range.

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My advice on BTC is the same and never changes. It's not a good investment if you want to make a lot of money, that ship has sailed, it's only for whales at this point. I said again and again if you want to make a fortune with BTC, you have to invest a fortune.  

 

It seems high yes, and it is for the average person.  This coming cycle BTC is going to melt faces, at least it's supposed to, everyone in the world is broke and struggling in 2024 due to inflation. 

Finally. You fail for asking me on here. Really that's very cringe. 

last edit on 6/10/2024 12:13:55 PM
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-1 votes RE: Tony what's ur Bitcoin advice

Finally. You fail for asking me on here. Really that's very cringe. 

I mean... you answered his question.

That's not really him failing if he got what he wanted out of it. 

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Posts: 1331
0 votes RE: Tony what's ur Bitcoin advice

Your reasoning for the whole 'dont post here about crypto' was Jim. Jim is gone for good. So I did not betray you my friend. 

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