All the other coins are starting to rise now also. Including ours.
I do have a few more I am watching. If I get on board with them, I will post.
For now, we sit and watch.
@MMooreMyTrades
I do have a few more I am watching. If I get on board with them, I will post.
For now, we sit and watch.
@MMooreMyTrades
I have just purchased £20 of SHIB Shiba Inu.
So that is now £25 in total.
I now have over 1,000,000 SHIB
I think at any point, within the next 6 months,
1st November 2021 to 1st May 2022;
SHIB Shiba Inu, will get to at least $0.01
That’s my prediction.
@MMooreMyTrades
So that is now £25 in total.
I now have over 1,000,000 SHIB
I think at any point, within the next 6 months,
1st November 2021 to 1st May 2022;
SHIB Shiba Inu, will get to at least $0.01
That’s my prediction.
@MMooreMyTrades
@MattyBoomFree
@MMooreMyTrades
Hi Everyone,
Evergrande has defaulted. This could be Big problems for Bitcoin.
For us, we have purchased coins on the dips this year, spending nearly half of what we originally planned to spend.
We have got ourselves value the whole way.
What do I think will happen now?
I think our alt coins will dip, then re settle and bounce back stronger.
If they dip significantly, we may purchase more.
For Bitcoin, I think this could be big problems for them.
This could be the big crash.
I have suggested to my friends who have large holdings in different coins, to sell some, and hold some back. This is because they have invested large amounts of money.
For us we still have some left to spend, from our original £150 planned spend for 2021. So we will look out for value buys.
We sit and wait, and look out for opportunities.
@MMooreMyTrades
Evergrande has defaulted. This could be Big problems for Bitcoin.
For us, we have purchased coins on the dips this year, spending nearly half of what we originally planned to spend.
We have got ourselves value the whole way.
What do I think will happen now?
I think our alt coins will dip, then re settle and bounce back stronger.
If they dip significantly, we may purchase more.
For Bitcoin, I think this could be big problems for them.
This could be the big crash.
I have suggested to my friends who have large holdings in different coins, to sell some, and hold some back. This is because they have invested large amounts of money.
For us we still have some left to spend, from our original £150 planned spend for 2021. So we will look out for value buys.
We sit and wait, and look out for opportunities.
@MMooreMyTrades
@MattyBoomFree
Hi Everyone, Evergrande has defaulted. This could be Big problems for Bitcoin. For us, we have purchased coins on the dips this year, spending nearly half of what we originally planned to spend. We have got ourselves value the whole way. What do I think…
A bit of an off one here.
Two days ago searches show Evergrande defaulted. Now it is showing edited articles from a month ago, saying they did pay off interest on debt?
I’ve heard of fake news before, but this one is very odd. Especially when you consider the fall out, of any default with evergrande.
We will keep our eyes on this!
@MMooreMyTrades
Two days ago searches show Evergrande defaulted. Now it is showing edited articles from a month ago, saying they did pay off interest on debt?
I’ve heard of fake news before, but this one is very odd. Especially when you consider the fall out, of any default with evergrande.
We will keep our eyes on this!
@MMooreMyTrades
Well as you know, On this group;
I have been predicting dips in Bitcoin, since April/May, this year (2021).
Yes, bitcoin is currently experiencing, another dip.
Meanwhile SHIBA INU, is going on a nice run upwards!
@MMooreMyTrades
I have been predicting dips in Bitcoin, since April/May, this year (2021).
Yes, bitcoin is currently experiencing, another dip.
Meanwhile SHIBA INU, is going on a nice run upwards!
@MMooreMyTrades
What would happen if Everyone or say, even 80% of Bitcoin owners, wanted to sell at once?
I found some answers to this, from the question posted in 2017.
I have copied one of the answers for you in this post.
Link below for you, to all of the other answers.
It also reminded me of the scene from Mary Poppins; when people try to get their money back from the bank. Link also below.
This is one of the reasons that I personally only invest small portions into things. I have been burned in the past on a few occasions. So small and manageable investments is what I focus on now.
Very interesting answers though, to my main question!
Geoffrey Widdison
, Chemical Engineer (2006-present)
Answered 4 years ago · Author has 11.7K answers and 78.5M answer views
To "cash out" of a commodity means to sell it for money. There's no central exchange that guarantees you money for you Bitcoin, it's only worth something if you can find someone who's willing to pay you for it. If more people want to buy than sell, the price goes up, if more people want to sell than buy, the price goes down. If everyone wants to sell at the same time, they won't be able to, because there won't be enough buyers. The price, then, will be set by the minimum price for which anyone is willing to sell at. If someone is willing to see their Bitcoin for a penny a piece, or a tenth of a penny, then that's the price of Bitcoin. Unless no one is buying at all, in which case the price is, effectively, zero. The same is true of stocks, bonds, real estate and gold. They have monetary value only the sense that someone is willing to pay you for them.
Mary Poppins Bank Run Clip
https://www.youtube.com/watch?v=xE5klz0yUT0
What would happen if all Bitcoin owners wanted to cash out at the same time?
https://www.quora.com/What-would-happen-if-all-Bitcoin-owners-wanted-to-cash-out-at-the-same-time
@MMooreMyTrades
I found some answers to this, from the question posted in 2017.
I have copied one of the answers for you in this post.
Link below for you, to all of the other answers.
It also reminded me of the scene from Mary Poppins; when people try to get their money back from the bank. Link also below.
This is one of the reasons that I personally only invest small portions into things. I have been burned in the past on a few occasions. So small and manageable investments is what I focus on now.
Very interesting answers though, to my main question!
Geoffrey Widdison
, Chemical Engineer (2006-present)
Answered 4 years ago · Author has 11.7K answers and 78.5M answer views
To "cash out" of a commodity means to sell it for money. There's no central exchange that guarantees you money for you Bitcoin, it's only worth something if you can find someone who's willing to pay you for it. If more people want to buy than sell, the price goes up, if more people want to sell than buy, the price goes down. If everyone wants to sell at the same time, they won't be able to, because there won't be enough buyers. The price, then, will be set by the minimum price for which anyone is willing to sell at. If someone is willing to see their Bitcoin for a penny a piece, or a tenth of a penny, then that's the price of Bitcoin. Unless no one is buying at all, in which case the price is, effectively, zero. The same is true of stocks, bonds, real estate and gold. They have monetary value only the sense that someone is willing to pay you for them.
Mary Poppins Bank Run Clip
https://www.youtube.com/watch?v=xE5klz0yUT0
What would happen if all Bitcoin owners wanted to cash out at the same time?
https://www.quora.com/What-would-happen-if-all-Bitcoin-owners-wanted-to-cash-out-at-the-same-time
@MMooreMyTrades
YouTube
Mary Poppins – Bank Run
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Well since the last post (two weeks and one day ago), we have seen bitcoin going down and up like a yo-yo!
Seems to be someone(s) selling bitcoin, then the price drops, then someone(s) buy bitcoin, and the price goes up a bit again. Not quite hitting the previous higher prices it was at, before going down.
If you check the past two weeks, you will see this has occured quite a few times.
Will it go to 100k by Christmas, as so many predicted?
Will Bitcoin keep going down and up a bit, then further down, and repeat? 3 steps back, 2 steps forward?
Or
Will it go down even further than it has in a while?
Time will tell!
Meanwhile, we keep our eyes peeled on any value buys in the alternative coin range. Shiba Inu still seems to be holding its own. Still up massively from our original purchase.
We did well this year (2021).
We called the Bitcoin dips throughout the year. Most times, the general consensus was the opposite of our prediction. It has been a shame, that we could not do shorts in the UK, after the Govt banned them in January/Feb 2021.
I am very glad though, that we were able to buy coins at lower prices, because we predicted the bitcoin, and consequently; the Crypto market dips correctly.
We waited and purchased our coins on every dip. Spent less than expected, and are ready to purchase more if we see some deals.
Well done everyone!
I will be back on, in 2021, if anything comes in for us.
Thank you all, for subscribing to @MMooreMyTrades
Seems to be someone(s) selling bitcoin, then the price drops, then someone(s) buy bitcoin, and the price goes up a bit again. Not quite hitting the previous higher prices it was at, before going down.
If you check the past two weeks, you will see this has occured quite a few times.
Will it go to 100k by Christmas, as so many predicted?
Will Bitcoin keep going down and up a bit, then further down, and repeat? 3 steps back, 2 steps forward?
Or
Will it go down even further than it has in a while?
Time will tell!
Meanwhile, we keep our eyes peeled on any value buys in the alternative coin range. Shiba Inu still seems to be holding its own. Still up massively from our original purchase.
We did well this year (2021).
We called the Bitcoin dips throughout the year. Most times, the general consensus was the opposite of our prediction. It has been a shame, that we could not do shorts in the UK, after the Govt banned them in January/Feb 2021.
I am very glad though, that we were able to buy coins at lower prices, because we predicted the bitcoin, and consequently; the Crypto market dips correctly.
We waited and purchased our coins on every dip. Spent less than expected, and are ready to purchase more if we see some deals.
Well done everyone!
I will be back on, in 2021, if anything comes in for us.
Thank you all, for subscribing to @MMooreMyTrades
anyone know what is going on with coinmarketcap?
Showing bitcoin down, then up to massive prices.
Shiba Inu up into I’m a Millionaire figures.
Has someone hacked coinmarket or something?
@MMooreMyTrades
https://coinmarketcap.com/currencies/bitcoin/
Showing bitcoin down, then up to massive prices.
Shiba Inu up into I’m a Millionaire figures.
Has someone hacked coinmarket or something?
@MMooreMyTrades
https://coinmarketcap.com/currencies/bitcoin/
@MattyBoomFree
anyone know what is going on with coinmarketcap? Showing bitcoin down, then up to massive prices. Shiba Inu up into I’m a Millionaire figures. Has someone hacked coinmarket or something? @MMooreMyTrades https://coinmarketcap.com/currencies/bitcoin/
Looks like it is some kind of glitch? A few others were showing the same high prices.
AT LEAST WE KNOW HOW IT FEELS,
WHEN THEY DO GO UP TO THOSE PRICES!
HAHA.
Thank you for the DMs guys.
Su nailed it with this one.....
Exodus is back to normal and xrp is up 30 cents from when I looked this morning. 😁
It was nice being a billionaire for 5 minutes.
😁😁😁🥂
Brilliant Su, Yes it was!👏🙏
@MMooreMyTrades
AT LEAST WE KNOW HOW IT FEELS,
WHEN THEY DO GO UP TO THOSE PRICES!
HAHA.
Thank you for the DMs guys.
Su nailed it with this one.....
Exodus is back to normal and xrp is up 30 cents from when I looked this morning. 😁
It was nice being a billionaire for 5 minutes.
😁😁😁🥂
Brilliant Su, Yes it was!👏🙏
@MMooreMyTrades