Turning Bullish?

CoinShares’ weekly report showed institutional managers are buying into crypto funds again after four weeks of profit taking.

Are you buying in too?

I think they will drive it lower yet.

Just checking on my older posts to see which ones came true. :sweat_smile: So this was really the point where it was starting to turn. Too bad I didn’t add some more after this. :sob:

I’ll be buying in, after the dip.

Not sure when that will be, but I’ll be jumping in for sure.

But what if it doesn’t dip @dushimes ? :sweat_smile:

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When it breaks ATH I’ll jump in.

To be honest, I didn’t want to get involved with crypto.

But I had money sitting in the bank earning 1.25%, or whatever it is. And meanwhile the little test-run money that I put in a few months ago had doubled.

So, I’ll put more in and wait a few months. My plan is to take my money out once it seems overbought.

Have you looked into staking? Even with something like Gemini and the stablecoin USDC? https://www.gemini.com/earn

8% APY. USDC is pegged to USD with actual audits, unlike Tether.

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What’s staking?

I’m just going thru paypal. Coinbase was giving me trouble, and Coinbase Pro wanted a picture of my ID. No thanks.

Oof those fees though!

Hopefully this helps.

staking is a way of earning rewards for holding certain cryptocurrencies

https://www.coinbase.com/learn/crypto-basics/what-is-staking