Need advice on Bitcoin.

[ericberry14]

I am thinking of getting into Bitcoin a little. What is anyone’s experience? Do you need a specific account for Bitcoin? I have no idea about it at the current time lol

[SmithsAUFan]

I would buy into Altcoins. I have some bitcoin. I have more invested in Eth and ADA. Also invested into staking as well. Honestly, if you invest a lot now then it is a bit of a gamble. I think the market can eventually jump to $80k to $100k for bitcoin. $8k to $10k for Eth. $4 to $5 on ADA. The problem is that after it peaks then it stands to drop 80% to 90% and depends on the time you invest on it as well. An 80% to 90% drop on Bitcoin from its peaks can go down as $20k or below again. The altcoins are just as crazy as well and worse even at times. You need a strong stomach for this market because it is volatile.

The crypto market goes through a natural cycle every 4 to 5 years. Bitcoin is the biggest driver right now. Eth is #2 but has something to say about it.

[Muck FcDisney]

I'm mostly in ETH. Unless you have balls of steel, I'd recommend buying some, then not even looking at it for a year. Panic selling is how you lose.

[Muck FcDisney]

Right on cue, ETH dropped nearly $1000 today. Still down about $460.

[Eye_of_Horus]

I am thinking of getting into Bitcoin a little. What is anyone’s experience? Do you need a specific account for Bitcoin? I have no idea about it at the current time lol

Personally, I wouldn't buy right now...see where the price is in Spring 2022 ;)

You'll need some type of account....Coinbase, Binance, Robinhood, etc. to purchase BTC

[FlatEarth]

The only way to trade right now is using CoinMarketCap, study the fucking shit and trade daily. Long term luck with Bitcoin is long gone. At least until this world is 100% back in Satans control and the shenanigans / deception continue. However, that may not happen before the mark of the beast is unleashed and we’re all on one currency that the one world government creates to put all of the world on and then the other crypto is worthless overnight.

Currency trading is sketch as fuck unless you’re a genius and can see patterns in daily trades using CMC.

Good luck!

[ericberry14]

I was thinking of getting a little every time there is a big drop… so obviously not right now. But I’d like to be prepared for the next big drop cuz it’s going to come.