Cryptocurrency - help me understand please.

Discussion in 'Trucker Taxes and Truck Financing' started by blairandgretchen, Mar 10, 2022.

  1. pumpkinishere

    pumpkinishere Heavy Load Member

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    Come to think of it has she been on since the trucker convoy in Canada? I’m not sure she has. With that idiot in charge in Canada hopefully she is not in some kind of trouble.
     
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  3. MrCompton734

    MrCompton734 Light Load Member

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    I agree with everything said here. Honestly, even with the market down right now, I am not concerned at all. This happened before in crypto, December 2018 it lost 84% of it's value, Bitcoin tanked from $20k pushing all the way down to $2500 in Dec 2019, it gained some traction again in 2019 but went back down to $5300 in 2020 when things shut down.........but ran rampant straight to EDIT, actually hit $68,990.90 not $53,000 in 2021. Right now, we are in a similar crash, where I'd expect up to 84% of Bitcoin's value to drop from it's peak in 2021. It might hit $10k or lower again.
     
  4. pavrom

    pavrom Road Train Member

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    Now smart money waiting on the side to get it when the bottom reached
     
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  5. pavrom

    pavrom Road Train Member

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  6. Bret1984

    Bret1984 Medium Load Member

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    I've been hearing that for several years now and every "crash" albeit to a higher floor has been the "told you so" until the next run up.
     
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  7. merv85

    merv85 Light Load Member

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    The doom for crypto already here, this week terra luna crashed wiping out $ 45 billion completly



    Other crypto have crashed $ 200 billion past week or so
     
  8. Bret1984

    Bret1984 Medium Load Member

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    Oh no, BTC down to $30k whatever will we do? lol I bought in at $3k after it "crashed" from a high of $20k. Look, if you don't have the stomach for it then don't buy it. It's been a bloodbath in the stock market too. It's cool though, it's a marathon not a sprint.
     
  9. merv85

    merv85 Light Load Member

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    That's is the thing, people who understands the concept of the cyrpto currency will thrive. Most of them will be suckers who will lose the money.

    What is pig butchering? A crypto romance scam that cost one woman $8M.

    this is the new scam, how people who do not understand the crytpo are getting scammed
     
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  10. Snailexpress

    Snailexpress Road Train Member

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    Can't stop laughing after reading this "That the thieves managed to con Divya, an educated businesswoman in her 20s,"
     
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