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49711887 No.49711887 [Reply] [Original]

1. I felt bad missing the crypto bullrun but last year I did not want to buy in because it had this bubble feel

2. So now it is back at 20k and it “feels” cheap but last year at 20k I felt it was a pricey investment

3. Some people fear crypto is collapsing anohter 70-90%.

Anyway, I do not want to time the bottom, I want to invest 5-10yrs.

Query: good to buy now? Also, can something replace ETH?

>> No.49712000

>>49711887
The very bottom (if we hit it at all) will be 10k. buy between 10-20k i'd say.

t. I made a 20x on my investment this bullrun and got out at top

>> No.49712058

>>49711887
I have a hunch that the Canadian real estate bubble will blow up within the next 1-3 years.

>> No.49712107

>>49711887
It's done. The party is over, move on. You really don't want to be a bag holder on a crypto investment.

>> No.49712162

>>49712000
> t. I made a 20x on my investment this bullrun and got out at top
how? also what was your initial investment?

>> No.49712199

>>49712107
> It's done. The party is over, move on. You really don't want to be a bag holder on a crypto investment.
I do not believe the party is over.It feels more like 20min past midnights and some nerds leave, but the cool kids are up for going to the club where the actual party is.

>> No.49712213
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49712213

>>49712000
Checked. Every cycle has had higher lows than the last.

>> No.49712228

>>49711887
bottom may be already in. if not downside is 11% for stonks and like 20% for crypto.

>> No.49712252

>>49712162
Yeah not going to disclose that here, all IP addresses are tracked and all our posts are too. Hope you understand.

>> No.49712300
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49712300

>>49712213
But the South Sea Stock went to zero.

>> No.49712335

>>49712252
ok, don’t get it. Is the tax not 0 at your place like here?

>> No.49712914

>>49711887
>good to buy now?
imo, yes
if there wasn't total despondency everywhere prices wouldn't be this low
>Also, can something replace ETH?
I think Polkadot has a has a chance of surpassing Ethereum once its network effects truly kick in, but it probably wouldn't completely replace it

>> No.49713035

>>49712300
The point is don't listen to permabears/permabulls
Watch your indicators and generally when growth deviates from its regular progression or trend that's when its time to buy or sell
For btc, zoom out. Its basically right on the line for its all-time support right now. It will probably get manipulated under it for a short period, but it won't last.

>> No.49713061

>>49712058
Continue

>> No.49713908
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49713908

>>49711887
5-10 years in crypto is an eternity, who knows.
If you're not worried about timing the bottom, wait.
There's regulation in the horizon, interest rates hikes that should trigger a purge of all zombie companies, defaults...
The stock market officially entered bear market this week, and people are already claiming that we're close to the bottom.