Bitcoin

andromedaaudio

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Jan 23, 2011
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Everybody broke yet in crypto?

Were now in catching the falling knife phase/ buy the dips same as stocks
Capitulation phase is next

Its most of the time not so hard getting in , buying stocks or bitcoin whatever .
Getting out at the right moment / selling high is the real challenge , bubbles are from all ages
They did a research once in NL , from all the retail investors 95 % lose money
 
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Folsom

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Oct 26, 2015
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I think we have no less than 30% to go on the market, if not even farther. I don’t give advice but I am also not chanting “buy the dip” right not, that’s for sure.
 

Zero000

Well-Known Member
Jul 28, 2014
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I think some staggered buy orders between here and $10K dollars of really quite large amounts will see someone do very well indeed long term. Very quick transient lows could occur.

Not trades - just buy orders.

Not investment advice. Just common sense. Well, I think so. Pray for it but there are a lot of long term holders who just won't sell no matter what. So big price dips from here may not happen. Then again...
 

Folsom

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Interesting. I don’t see a new never before seen trend in the S&P500… To me cash looks like king for awhile.
 

andromedaaudio

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If everything goes as planned my last real estate is gone by next week .
With rising rates everywhere id rather put the $$$ somewhere else
 

andromedaaudio

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Interesting. I don’t see a new never before seen trend in the S&P500… To me cash looks like king for awhile.

You re right so far .
Gold and silver mining stocks are getting hammered too just like BTC .
I m gonna make another large bet in july / august as the miners are on sale .
I expect the FED to pivot within six months , it ll be interesting what Bitcoin does.
After that i expect the US $$ to lose value and gold skyrocket
 

MRubey

New Member
Mar 21, 2022
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3
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San Antonio Texas
Hi Guys,
Stacking Sats through the doldrums.
Waiting for the right moment to back up the truck.
I'm hoping for a 40-50% drop from here.
Opportunity of a lifetime.
 

zitas

Member
Dec 20, 2021
34
8
8
50
dont worry, the drop will come and will be higher than 50%.
but there wont be any right moment to back up the truck. bitcoin is a peace of shit with no value!!
then again, it is still a great moment to go short.
 

KeithR

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May 7, 2010
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Think BTC ultimately falls to around 10k-12k. Basically giving up the entire COVID boom. That seems to be the trend in all the BS stocks.
 

Ron Resnick

Site Co-Owner, Administrator
Jan 25, 2015
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andromedaaudio

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Jan 23, 2011
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Why would you sell rental property? Are residential rents declining in The Netherlands?
No not really .
But the dutch government wants to get rid of gasboilers in the future so it would mean installing a heat pump and further isolate the house to modern standards , because its a older type house.
The landlord is also obliged to house the renters somewhere else during the renovation
Also higher future taxes for homeowners plus i think were at the market top regarding real estate.
Mining stocks are valued extremely low .
It seems like the timing is right, i might make more $$ from speculating /may be not
Real estate is dead money in a way plus you have to deal with renters which can be a bit of an issue especially if your abroad half of the time like myself.
We had a real good run with real estate but nothing lasts forever, may be next year prices falll 10 or 15 % who knows
 
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StreamFidelity

Active Member
Jun 30, 2020
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Rostock, Germany
griggaudio.de
And gone , i sold my last rental property in NL.
Interesting! I am currently selling my rental house in Berlin.

But the dutch government wants to get rid of gasboilers in the future so it would mean installing a heat pump and further isolate the house to modern standards , because its a older type house.
...
Also higher future taxes for homeowners plus i think were at the market top regarding real estate.
Same topic here too.

When I sell the house I invest in stocks that have paid an unchanged or increased dividend for at least 25 years. And I also look at Bitcoins then. So a mix between security and speculation.
 

Folsom

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Oct 26, 2015
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Most investment places will let you hold a cash balance if you want to... not suggesting it but I know people doing just that. We're going more to the downside, by a lot. Unless we completely break character from everything that has ever been in the markets... when the world is hurting to begin with. I'm just not confident in a flash dump.
 

andromedaaudio

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Jan 23, 2011
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CPI 9.1 % , i hope everybody realizes that if they wanna curb inflation they have to raise the Central bank rate above the inflation rate .
Just like Paul Volcker did in the seventies / eighties
Imagine what a 10 % Central bank rate would do to the economy , housing etc ...
The ECB hasnt even lifted /tried yet .

These are grown up / educated people who got us in this mess with at least 25 K euros a month salary/ ex expenses
Eurozone 12 years rates at 0 , ...loaded in debt
 
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morricab

Well-Known Member
Apr 25, 2014
7,187
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Switzerland
CPI 9.1 % , i hope everybody realizes that if they wanna curb inflation they have to raise the Central bank rate above the inflation rate .
Just like Paul Volcker did in the seventies / eighties
Imagine what a 10 % Central bank rate would do to the economy , housing etc ...
The ECB hasnt even lifted /tried yet .

These are grown up / educated people who got us in this mess with at least 25 K euros a month salary/ ex expenses
Eurozone 12 years rates at 0 , ...loaded in debt
They are terrified to raise rates but might be left with no choice…the ghosts of past sins will catch up…
 

andromedaaudio

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Jan 23, 2011
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They are terrified to raise rates but might be left with no choice…the ghosts of past sins will catch up…
I think its a big fraud .
Bankers know everything about money , much more then you and me .
The ECB and FED are all expirienced bankers they knew exactly where printing enourmous amounts of currency would lead too.
Asset holders made enoumous profits , and now they play dumb .
The population has no clue anyway.

PS .The FED is not a government agency its privately owned by banks .
They play poker while dealing the cards as well
 

morricab

Well-Known Member
Apr 25, 2014
7,187
3,133
653
Switzerland
I think its a big fraud .
Bankers know everything about money , much more then you and me .
The ECB and FED are all expirienced bankers they knew exactly where printing enourmous amounts would lead too.
Asset holders made enoumous profits , and now they play dumb .
The population has no clue anyway
Fear and greed...fear and greed.
 

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