Post
Topic
Board Mining (Altcoins)
Re: How bad can it get?
by
Metroid
on 19/06/2022, 17:51:01 UTC
10k might not be possible.. 20k and 30k is a sure reclaim..that is 2x and 3x money(spot), there is also leverage (just low enough to not get liquidated). that is an easy money, can bet big and win big.

we are not in 2013 anymore where some people are not sure if there are millionaires and billionaires in crypto...can be hit if saylor gets liquidated LOL  Grin

There is a lot of time yet for this to crash to hehell, from september 2022 to march 2023 we will know the bottom, it still too early to know the bottom, in this market you have to have lots of patience if you want to profit, buy too fast or sell too fast is not good.

Just want to put this here for the record, the value(purchasing power) of 10k in 2018-19 and the value of 10k in 2022-23 are different.

Yeah true but the price to mine one btc is still around 9k - 12k and btc usually crashes to that value when the bottom is found. Anybody paying more than 9k - 12k for btc, at this moment is 19.5k then soon they will become sellers when this starts to crash. That will happen if they dont take profit now or very soon. There will be bultraps yet.