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Brown Cafe UPS Forum
UPS Retirement Topics
Bitcoin/Ethereum/cryptocurrencies
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<blockquote data-quote="El Correcto" data-source="post: 4835474" data-attributes="member: 60631"><p>I was telling people to sell bitcoin at around 35k predicting a drop to 25k. I was only off by 2k before it rocketed back up.</p><p></p><p>I got a big head now and I’m going to start putting my money where my mouth is. Bitcoin is a house of cards, all it takes is for one institution to start eating 20-40% losses to start panic dumping causing the losses to increase and other institutions to join them. There are people heavily invested trying to make sure that doesn’t happen, I’m predicting it will.</p></blockquote><p></p>
[QUOTE="El Correcto, post: 4835474, member: 60631"] I was telling people to sell bitcoin at around 35k predicting a drop to 25k. I was only off by 2k before it rocketed back up. I got a big head now and I’m going to start putting my money where my mouth is. Bitcoin is a house of cards, all it takes is for one institution to start eating 20-40% losses to start panic dumping causing the losses to increase and other institutions to join them. There are people heavily invested trying to make sure that doesn’t happen, I’m predicting it will. [/QUOTE]
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