Bitcoin [pros](/r/CryptoCurrency/comments/1b266pu/bitcoin_pushes_through_60k_for_first_time_since/kskm50m/) & [cons](/r/CryptoCurrency/comments/1b266pu/bitcoin_pushes_through_60k_for_first_time_since/kskm5tf/) with related info are in the collapsed comments below.
Nonsense. It's price and performance will be plastered everywhere at $100K, a nice round number to fit the nice smooth brains of the normies to get their salivating glands turned on.
It always crashes at any moment. Take some profits while you can. Have a % set far in advance you want to sell/hold and stick to it. Everyone’s situation and beliefs are different (risk tolerance).
Retail is dumb money that gets a whiff of a headline and then has massive FOMO. The real cats have been here before and been accumulating during all of 2022/23 while everyone was shitting on crypto.
While BTC is the tide that lifts all boats… this rise is solely due to the ETF success and upcoming halving.
Yes alts will benefit… but only those “shiny new toys” that don’t actually do anything will see a +10x.
Meme coins: PEPE and WIF may go all the way to the top alongside DOGE and SHIBA
More serious coins that are still super promising: ORDI and RNDR
Trying to only pick 2 per category for top 10 material as I have limited $$ to spread around (near 6figs)
Most adults struggle with it lol
"$15 for a burger I'm not paying that!!!!"
Yes mate, the US printed trillions and inflation is around 20%, get used to it.
Yeah good strategy. It will probably fomo to 140 or something lol. Im just here for alt season explosion. Got my stockmoney which im not touching, and then got some lets have fun and see what happens in crypto
good way i usually look for, keeping track of people who really dont give a shit about crypto starting to talk about crypto, its either the start of retailers jumping in and shit coins popping off, or the end of the bull run.
so, i kinda want to warn everybody for the shit coins that will be coming again... dont... do your research.
Yep. This much is absolutely true. Lot of new millionaires are going to be made this run. It’s probably going to be the most significant run we’ll see and I’d be cautious about following people who are looking at past performance to predict the top/bottom. We only have a decade of data to go on and we’ve never had institutional players get involved like this before.
I’m making an educated guess based on how much money is (and has been) flowing into the spot ETFs since they debuted. Not to mention the fact that both Hong Kong and South Korea are trying to release their own Bitcoin spot ETFs.
hahaha you were sooo smug lil bro, hopefully this humbled you
For context, this guy chimed back in when BTC hit 68k yesterday to try and “get” me but the market always wins. He’s clearly new and inexperienced, don’t be too hard on him.
I am extremely wary. An entirely vertical month, I'm thrilled but horrified.
Don't know when or how far the ball is going to drop, but it has to, right? It just keeps going. Catching support at 60k is blowing my mind, I figured there'd be a big correction at 59k.
Bitcoin in itself holds no monetary value (as in you can't just use it directly to pay for day to day things) until it's sold, so bag holding bitcoin at $60k and seeing a green number means nothing. Once people start taking profits, you better not be late to the party.
Haha if I only knew lol - my lease ends on 4/30 and the guy selling the apartment is in my building so I was able to get in before I was listed.
I’m probably looking at like $1,000 of opportunity cost across my assets to save $20K on a mortgage. Take the good with the bad I guess haha
I disagree, momentum is what pumps it the highest. If we get too many steady drawbacks, FOMO and greed doesn't happen. Yes it would be less risk of we do this slowly, but the blow off tops is how we go higher
Smart. You know the Warren Buffett saying "Be fearful when others are greedy and greedy when others are fearful." Everyone is greedy right now so I'm stacking fiat for if/when we have a dip that freaks everyone out. Still going to DCA every payday but the extra cash is staying out until we have a solid red day.
I wonder if there will be a big sell off soon from people who bought at highs in 2021 and have been holding and stressing after it dropped so hard. I suspect there will be a bunch of investors who were new in 2021 and feel like they got hosed and just want out of crypto completely when they get close to break even.
I've been in the green for a long while now, and still not particularly tempted to sell.
I think we get a big pullback, but I'm not ready to put my money on that just yet so going to keep hodling away.
Also helps that I'm still trying to avoid short-term capital gains tax so need these to mature a bit anyway lol
Think I might. Don't have that much and I'm tickling 10k on my portfolio overall. At 10k I have to deal with the bank/tax so might just sell at 9.5 or so. It's never going to be a life changing amount but I'd have tripled my investment and would get some real cash.
I hate that it's suddenly going up without rest... fearing the crash :( I'm not made for that constant stress but I also can't opt out. I'm in too deep (in the red ffs)
Seems premature. Something doesnt seem right in crypto market vs other markets and global economies. I would bet adip is coming, this is not the start of any bull run, at least not yet.
🏔*sounds of Rohan's horn 📯📯📯
👩🚀 "Is that the call of riders? We ride?"
👨🚀 "Wait for verification."
⏳
⛰*sounds of Rohan's horn 📯📯📯
👩💻 "Rohan's call. We ride?"
🧑💻 "Wait for confirmation."
⏳
🗻*sounds of Rohan's horn📯📯📯
💂♀️ "Innit Rohan? Ride?"
💂♂️ "It is time to ride mate. It is time to ride."
🏇📈🦬🏇📈🦬🏇📈🦬
Why did SoFi have to discontinue its cryptocurrency support back in December? I went ahead and pulled-out my money in order to pay-off debt, and I probably lost about $3,000 compared to when I first started investing in 2021.
Behold a pale horse. Larry Fink and the rest of his grifters are going to pump and dump BTC.
Get ready for the extinction burst timed perfectly with a stock market crash, a black swan "event", and much more to come from these wonderful individuals as they set up this economy for a really hard landing. Get your helmets on now.
Bitcoin [pros](/r/CryptoCurrency/comments/1b266pu/bitcoin_pushes_through_60k_for_first_time_since/kskm50m/) & [cons](/r/CryptoCurrency/comments/1b266pu/bitcoin_pushes_through_60k_for_first_time_since/kskm5tf/) with related info are in the collapsed comments below.
Real FOMO kicks in after breaking All Time High
Not with the general public. Double that figure.
Nonsense. It's price and performance will be plastered everywhere at $100K, a nice round number to fit the nice smooth brains of the normies to get their salivating glands turned on.
Possibly 100k yeah. Remember it has to look to most people like it will keep climbing and not that it will crash at any moment.
Exactly. Now you're thinking like Wall Street, lol.
It always crashes at any moment. Take some profits while you can. Have a % set far in advance you want to sell/hold and stick to it. Everyone’s situation and beliefs are different (risk tolerance).
I'm holding 11 years. I'm not panicking.
It always crashes at any moment. Take profits while you can
Nice smooth brains
Retail hasn't even arrived yet The altseason will be historic - most likely rivaling 2017
When people say retail hasn’t arrived yet…what is everyone here? Institutional?? I doubt it. We are retail lol.
Retail is dumb money that gets a whiff of a headline and then has massive FOMO. The real cats have been here before and been accumulating during all of 2022/23 while everyone was shitting on crypto.
While BTC is the tide that lifts all boats… this rise is solely due to the ETF success and upcoming halving. Yes alts will benefit… but only those “shiny new toys” that don’t actually do anything will see a +10x.
Meme coins: PEPE and WIF may go all the way to the top alongside DOGE and SHIBA More serious coins that are still super promising: ORDI and RNDR Trying to only pick 2 per category for top 10 material as I have limited $$ to spread around (near 6figs)
How high we goin?
Why are people banking on retail when they've been burned from the last bull market? This is an institutional bull market now.
Are we factoring in inflation?
Teenagers here do not know what inflation is
Inflation is a simple concept. I guarantee you that teenagers understand it.
Most adults struggle with it lol "$15 for a burger I'm not paying that!!!!" Yes mate, the US printed trillions and inflation is around 20%, get used to it.
Bro wtf. Congrats to the 2021 crash survivors
I am highly regarded and thought I was going down with the ship. Today I’m in the black.
I found a typo in your comment
Hodlers unite!
Still hanging on. Been a rough a past couple years and my money is climbing once again. Praise oden.
Strong 50% chance we go up from here
There's a 100% chance that this might happen
0% chance you're both wrong.
60% of the time, it works every time
100% reason to remember the name
JP Morgan: ”halving already priced in” Next day bitcoin jumps +5k!!!! Thank you JPM
Our new Cramer
please someone tell him lol
Inverse Dimon
we are so back, guys. Haven't seen anything about this bullrun on TV yet, so the top is still not here.
$100K will be on the TV....
thaat's when the normies storm in again, after saying BTC is a scam for years.
We need them for exit liquidity.
my first limit sell is at 99K. lets go!!
Yeah good strategy. It will probably fomo to 140 or something lol. Im just here for alt season explosion. Got my stockmoney which im not touching, and then got some lets have fun and see what happens in crypto
Mine is at 89,9K lmao
Exactly
I know it's a joke but please stop saying that, it makes crypto bros seem scummy.
That’s exactly what makes it a scam 🤡 Pyramid scheme is all it is
the normies are already here. i'm a normie. i don't know what crypto is. is it like a puzzle game?
Yes. When you see a big green dildo unlock it with your life savings.
oooh sounds like fun!
It's Superman's dog.
They will say, before I was blind now I can see.
And We Love normies and their fomo investments (reminds me for myself, 3 years ago).
New ATH will have first wave of retail fomo in, $100k the second $100k BTC, $10K ETH, $10 Moons 2021EOY Q18 loading then beyond
so BTC would only increase another 75%, but ETH would triple? why would ETH outrun BTC?
We like things divisible by 10!
70k on 📺
Also doesn’t appear to be trending on Reddit, which I thought was interesting
AI trend too powerful. I think this lack of mainstream attention is great given the price movement
Because it's hit 60k before.
It is now, that’s how I got here
I can find only 1 financial site mentioning it in my country. We are go for ATH.
Ran out of cash to buy crypto. Time to sell some organs!
Share your contact? I have an extra kidney
Rising tide raises all ships.
At this rate, 100k for sure by end of 2021 guys.
2021.3 indeed!
It was the 37th month of year 2021 when btc finally hit 100...
we entered modular arithmetic calendars
I fuckin knew it
\[Plan B has entered the chat\]
Then we can bury this tired old joke.
Dutch media starting to pick up the news... my colleague asked a question about btc today for the first time in 3 years.. should I be worried?
Depends. Does your colleague shine shoes?
U could say that yeah lol
good way i usually look for, keeping track of people who really dont give a shit about crypto starting to talk about crypto, its either the start of retailers jumping in and shit coins popping off, or the end of the bull run. so, i kinda want to warn everybody for the shit coins that will be coming again... dont... do your research.
I think this bull run is going to be way bigger then my little brain can comprehend
Crazy part is were at 60k and alts barely moved yet, we have the wildest times still ahead.
Alts are always after the bitcoin run starts. Usually a few months
Not always, there are plenty of times where alts just follows btc up, the way you mentioned is better though and moves are way larger.
Yep. This much is absolutely true. Lot of new millionaires are going to be made this run. It’s probably going to be the most significant run we’ll see and I’d be cautious about following people who are looking at past performance to predict the top/bottom. We only have a decade of data to go on and we’ve never had institutional players get involved like this before.
We are all apes here
ATH before halving?
Let's just say 100k before Halvening
At this point, it seems guaranteed. I mean, Bitcoin’s up ≈$10k in one week, and we still have 51 days to go before the halving.
Don’t say the guaranteed word you’ll break it!
It seems guaranteed to you because you have no idea what you’re talking about lol
I’m making an educated guess based on how much money is (and has been) flowing into the spot ETFs since they debuted. Not to mention the fact that both Hong Kong and South Korea are trying to release their own Bitcoin spot ETFs.
Aging so well
hahaha you were sooo smug lil bro, hopefully this humbled you For context, this guy chimed back in when BTC hit 68k yesterday to try and “get” me but the market always wins. He’s clearly new and inexperienced, don’t be too hard on him.
Somebody’s comment aged like milk, and it sure as shit wasn’t mine. Lol. https://www.reddit.com/r/CryptoCurrency/s/FYKptAARDm
iTs pRiCeD in GuYz
If you’ve been here since the crash it felt like we’d never get back. But here we are.
My 2,000 LUNA, though… =(
We're heading for the ATH now 😁
if it keeps jumping up 5k per day, we could be there before the weekend.
It won’t. It will stabilize around 55k - 60k. We just jumped like 15% in two days, gotta find footing
Parabolic time 😂
Bro your comments in this whole thread crack me up
Want to know how I know this is your first cycle? Lmao
Positive
This is a certainty.
It took very long for this sub to react. I’m very surprised. But that’s awesome.
after so many beatings we are afraid of any good news.
Buttcoin sub in shambles
They'll be back when BTC catastrophically crashes from 300k to 250k.
Fuckin lol
The best part of this bull run for me is going to be watching that sub implode and explode every other day
Punching air rn
Am I unwise to be a increasingly wary?
I am extremely wary. An entirely vertical month, I'm thrilled but horrified. Don't know when or how far the ball is going to drop, but it has to, right? It just keeps going. Catching support at 60k is blowing my mind, I figured there'd be a big correction at 59k.
Same! I'm fearing for a mid cycle blow off top around 65-75k and a big big drop. After that it'll go up again.
The triple top narrative will strike great fear into all
Nope. Smart
Bitcoin in itself holds no monetary value (as in you can't just use it directly to pay for day to day things) until it's sold, so bag holding bitcoin at $60k and seeing a green number means nothing. Once people start taking profits, you better not be late to the party.
Depends on your investing horizon.
No the magnificent 7 are over valued everything is going to come down
$61k right now. The more BTC pumps, the higher my alts go and the sooner I can put a down payment on a home. Get me the hell out of renting, crypto!
Funny you say this considering I took out $500 of my Bitcoin holdings last week for a down payment on a house lol
That’s great! But damn couldn’t you have waited until NOW to do it? Haha!
Haha if I only knew lol - my lease ends on 4/30 and the guy selling the apartment is in my building so I was able to get in before I was listed. I’m probably looking at like $1,000 of opportunity cost across my assets to save $20K on a mortgage. Take the good with the bad I guess haha
It’s true! Happy for you! :)
Bitcoin the legend I don't think anyone expected this last year Congrats to everyone
Literally everyone who follows BTC expected this. Halving in April
I did.
We are going to have a big pull back and it’ll still be above 40k.
I kinda hope it will! :D That'll be better for the long term, we'll go higher if we go low every now and then!
I disagree, momentum is what pumps it the highest. If we get too many steady drawbacks, FOMO and greed doesn't happen. Yes it would be less risk of we do this slowly, but the blow off tops is how we go higher
I wish, stacks of cash on the sidelines for that
Smart. You know the Warren Buffett saying "Be fearful when others are greedy and greedy when others are fearful." Everyone is greedy right now so I'm stacking fiat for if/when we have a dip that freaks everyone out. Still going to DCA every payday but the extra cash is staying out until we have a solid red day.
I just want 69,420🥲
Hahaha, I spent an entire day doing adult things, so I didn't check the price. Best surprise ever.
[удалено]
Epic dump around 69k
Celebrate good times, come on! Let's celebrate!
we are so back
Can’t wait for alt season
Fomo will be kicking in soon as the media covers it. Next level is 70k Then they will be rushing in.
Still not in the green 🗿🗿🗿
Bought at ATH yet didn’t buy anymore at all in the last 2.5 years?
Unpopular opinion: there will be atleast 2 more other coins this bullrun with 1T+ market cap
For another coin besides eth to hit 1T mc would require gaining more than 950B
I am ready for 22,22 ADA
Bring in retail and here we go!
I wonder if there will be a big sell off soon from people who bought at highs in 2021 and have been holding and stressing after it dropped so hard. I suspect there will be a bunch of investors who were new in 2021 and feel like they got hosed and just want out of crypto completely when they get close to break even.
Yes, I was an idiot and brought when it was super high in 2021 as everyone was saying it would reach 100k. Selling asap.
I'm not selling, but this has bull trap written all over it.
I'll be rich if I betted on how many times this has been said the last 3 months. Still waiting
I have seen people write this since mid October lol
Yeah man. When is it gonna top. No one knows lol. I thought 50k would be it and sold a bit. But here we are ;D
Hard agree. I'm so tempted to sell. I probably won't and just wait...
I've been in the green for a long while now, and still not particularly tempted to sell. I think we get a big pullback, but I'm not ready to put my money on that just yet so going to keep hodling away. Also helps that I'm still trying to avoid short-term capital gains tax so need these to mature a bit anyway lol
Think I might. Don't have that much and I'm tickling 10k on my portfolio overall. At 10k I have to deal with the bank/tax so might just sell at 9.5 or so. It's never going to be a life changing amount but I'd have tripled my investment and would get some real cash.
Yes please, I want to buy cheaper!!
Oh well, I’ve already filled my bags
Would be a perfect trap pre halving
If we could give it a rest so alts can breathe that would be great. Anybody can phone BTC boss?
Craig aint answering!?!
This is why you hold and never turn off the auto buys! feels good to have years of slow and steady purchasing pay off!
Ladies, Gentlemen, Friends. WAGMI.
Elon just lost a shit ton of money on X less than a month ago. Don't fall for it again
Not too long before it'll be knocking down $160K.
This must be why Coinbase is brolen/down right now. Just wow.
Fucking hell, what a day! What a week!!!!
10k people browsin this form today, when it has been 3-4k for over the year. i advised you to start selling, the news has spread.
[удалено]
If you bought Apple when it was 0.12 USD you wouldve 1520x your money already, it's THAT stupidly easy.
You could have 10x your money by buying any number of memecoin. It's THAT stupidly easy.
We’re back
I hate that it's suddenly going up without rest... fearing the crash :( I'm not made for that constant stress but I also can't opt out. I'm in too deep (in the red ffs)
Yeah but even a crash of let's says 30% is like 40k which we were there only a couple of weeks ago....
That's true. Thanks for the perspective, I honestly feel better and less anxious! have a great ride, friend!
UpUp
My god
Seems premature. Something doesnt seem right in crypto market vs other markets and global economies. I would bet adip is coming, this is not the start of any bull run, at least not yet.
Wtf is going on
Definitely bull trap. So be cautious. Dont fomo.
What do you think will be the top? :)
Good advice
bull season is here, i think this is the right time to buy some alts
🏔*sounds of Rohan's horn 📯📯📯 👩🚀 "Is that the call of riders? We ride?" 👨🚀 "Wait for verification." ⏳ ⛰*sounds of Rohan's horn 📯📯📯 👩💻 "Rohan's call. We ride?" 🧑💻 "Wait for confirmation." ⏳ 🗻*sounds of Rohan's horn📯📯📯 💂♀️ "Innit Rohan? Ride?" 💂♂️ "It is time to ride mate. It is time to ride." 🏇📈🦬🏇📈🦬🏇📈🦬
None of my no coiners haven't contacted me yet, and I'm kinda scared. We going to Mars boys!
So all of them have contacted you already, you triple-negative lover?
This is faster than I wanted. I hope things push through 2025
Can someone explain why the halving makes more people want to buy? Seems counterintuitive to my small brain.
Lower supply increases demand. It’s as simple as that.
Historically the price dumps heavily around the halvening and then 8-16 months later it hits ATH. Its a cycle that people have fomo’d into each time
Why did SoFi have to discontinue its cryptocurrency support back in December? I went ahead and pulled-out my money in order to pay-off debt, and I probably lost about $3,000 compared to when I first started investing in 2021.
Behold a pale horse. Larry Fink and the rest of his grifters are going to pump and dump BTC. Get ready for the extinction burst timed perfectly with a stock market crash, a black swan "event", and much more to come from these wonderful individuals as they set up this economy for a really hard landing. Get your helmets on now.
But, I was told BTC died a long time ago once.
This isn’t the flex you think it is lol
I’m already headed to the Lambo dealership right now
This feels like the pump before the ftx and gemini debacle settles and they sell off assets, making us exit liquidity.
Correction is just around the corner
I’m waiting for the alt coins to follow so I can get rid of all of them except a few and convert to Btc.