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  • When BTC hit 69k you all wanted to buy it cheaper. Now that it is are you buying?
    by /u/Accomplished-Design7 on November 28, 2021 at 5:39 am

    We all know many individuals really wanted to buy bitcoin at a lower price when it hit recent all times high at around US$69,000. I was of course one of those individuals, but now that the prices finally drop most of the people who said they would buy are just scared and instead selling. I on the other hand and treasuring this opportunity DCAing into all the coins that I’m interested. This might just be the very last bottom before we finally hit a parabolic run. I am extremely thankful for this dip because if it weren’t for it I wouldn’t be able to buy more. Do not paper hand your crypto‘s when there is a dip, you don’t lose any value as long as you don’t sell in the red. Whenever in doubt to zoom out that’s what I truly believe in. I do not want to be one of those people who paper hand my crypto at the bottom and cry when you reach you all times high and I sure as hell hope you guys won’t be one of them. submitted by /u/Accomplished-Design7 [link] [comments]

  • The DIP is here. WHAT ARE WE BUYING
    by /u/Rboy1725 on November 28, 2021 at 5:10 am

    The dip some of us wanted is here (Including me) and I'm sitting here waiting on my fiat so I can BUY THE DIP. I have seen a lot of people talk about buying the dip ever since I joined the community and I also see a lot of people being super bearish about it. What are yall buying considering a lot of crypto is down right now? I'm going to a DCA for LRC, enough CRO to get jade, and ADA seems like a good buy because its on the low low. I am also looking for AMP to drop below .05, and DOT to get lower. Would love to know what the community is planning. It is a big crypto world out there and im hoping to hear about some that i may have overlooked. 🦀🦀🦀 submitted by /u/Rboy1725 [link] [comments]

  • 3rd largest Bitcoin whale keeps accumulating - buying a total of 7,959 BTC (472 Million USD) at an average price of $59k
    by /u/Amelie007 on November 28, 2021 at 4:57 am

    Out of all the known bitcoin addresses this one is the 3rd richest; but it is actually the largest known private whale, because the #1 and #2 spots are actually exchanges. Call this whatever you want, a correction, a mini dip, consolidation period, fluctuation in the market... all that matters is that whales keep buying the dip and schmucks keep buying high and selling low. Follow the whale: https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ and check the biggest whale addresses: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html submitted by /u/Amelie007 [link] [comments]

  • No matter what I do, the prices keep going down
    by /u/UnexperiencedIT on November 28, 2021 at 4:09 am

    Alright so I checked the prices on my phone and it is all red. People said "zoom out" but when I kept zooming out nothing happened, the prices are still the same. Then I tried rebooting my phone but no luck. I updated the software on it but the goddamn prices are still going down. I then tried turning off and on my router, I thought "it had to be WiFi". Noup. I checked the prices on my PC and they are the same, so it is probably not my phone. I am starting to run out of ideas, what should I try next? Actually I am going to take a nap, see ya tommorow. submitted by /u/UnexperiencedIT [link] [comments]

  • Don’t trade away your core holdings like BTC, ETH and BNB for the coin of the week. You will end up wiping out your portfolio.
    by /u/Wolverlog on November 28, 2021 at 4:07 am

    You might be tempted to pull from your core holdings to buy into new and exciting projects, or just the latest coin that is pumping. It’s easy to slip into this pattern and after awhile you’ll be holding bags of random coins that have sense dropped in value or get rugpulled. The reality is, once you trade away your core positions you may never get them back. Only rarely will you get lucky and be able to trade back and buy more BNB than you started with. Hold onto and add to your core “high cap” positions for long term safety and risk mitigation. Only reserve a small amount for Moonshots or other coins climbing up CMC. I recently did this with my BNB and ended up wasting quite a bit of it, luckily one small cap coin I bought did 6x and I think I’m back to where I started, a bunch of stress for little reward sucks. submitted by /u/Wolverlog [link] [comments]

  • HODL and Never Panic Sell
    by /u/Hodlbag on November 28, 2021 at 3:36 am

    I have been here for a few years and I have seen many dips..corrections and what some like to call crashes! Of course it sucks when you just get into crypto and as soon as you buy, it goes down. That is normal and it's also normal for people to panic. It's hard to watch your money go down but believe me, patience pays off. The only way to get through these dips, corrections and crashes... is to not pay too much attention to the charts. Especially if you choose to HODL long term... Panic selling is never an option, especially selling for less than you originally bought for. These dips are nothing, but an opportunity to add more to your bags. DCA is your best friend! Trust the process and be patient. 🙏🚀📈 submitted by /u/Hodlbag [link] [comments]

  • I built a website for assessing the levels of Dips and Moons in crypto prices (so I guess you don't have to)
    by /u/Ahjustsea on November 28, 2021 at 2:01 am

    For those that have seen me before, you know that I have become obsessed with the popular saying "Buy The Dip". What the !@#$ does that actually mean? How much decrease is actually a dip? How much of a rise in prices is actually a rocket to the moon? The standards of this were obviously subjective... So I built a live website that statistically tests whether there's a significant decrease or increase in price (p-value < 0.05) in relation to historical performance (multiple testing correction not included). The Main Dashboard (buythedips.io) BuyTheDips %>% Dashboard @ https://buythedips.io/ So let's go through the graphs one by one. 1. z-score movements in the last 48 hours. Displays historical z-scores (z-price) in the last 48 hours. The others, z-volume and performance, are available on the “Historicals” tab (the graphs here work a lot better in fullscreen mode). 2. current performance on 14d volume adjusted avg. Shows how your crypto is performing currently when compared to the 14-day volume-adjusted moving average price. 3. z-score in %in% current price (z-price). These are z-scores calculated on current price. z-scores are essentially the numbers that tell you whether you have a statistically significant dip or moon. z-score of minus 2 means that the price is significantly lower than the norm, while z-score greater 2 means that the price is significantly higher than the norm. Hover on cryptos to see Mole’s suggestions on dips. 4. z-score in %in% current trading volume (z-volume). These are z-scores can be calculated on trading volume as well. The same guidelines apply. z-volume > 2.0 is volume that is significantly higher than expected, and z-volume less than -2.0 is significantly less. Calculated from historical 14 day moving averages of trading volume. 5. scatter %in% price (z-price vs. z-volume). Scatter plot of items 3 and 4 This is my new favourite way to see cryptos action now. White box in the middle (x and y boundaries @ -2 and 2) is essentially what I call “the-safezone-of-stability”. If your crypto is in this zone, it’s price and trading volume is as expected (e.g., regular, normal). When a crypto starts to “moon”, it’ll first make significant lateral movement towards the right and then tread upwards into the to the right-top corner. 6. scatter %in% volatility (volatility in price vs. volatility in trading volume). Scatter plot of items 7 and 8 Percent volatility (i.e., the tendency to change rapidly and unpredictably) is calculated on both crypto prices and trading volume, and then plotted against each other. the faded white boxes show IQR ranges for each metric. Where the boxes overlap in the middle, is where you expect % volatility values to be. Outside of this area indicates that current volatility is higher or lower than the norm. 7. & 8. Volatility %in% price and trading volume. Percent volatility (i.e., the tendency to change rapidly and unpredictably) is calculated on both crypto prices and trading volume. Presented as bar graphs. The Days Since tab Using these metrics, it's possible to document how long it's been since the last time a crypto has mooned or dipped. TL;DR: Come check it out if you have some time. There is no financial advice given nor coins shilled, just numbers for you to assess your favourite crypto and the current market. You can also find me via my twitter bot (link in bio), which I made a post about previously. Final note: I built it on one of the cheapest AWS trial server, so it's not the most stable. I'm also working on a pretty comprehensive portfolio manager that provides personalized analysis of your holdings beyond traditional apps, but I'll save that for another day. Edit: It works a tiny bit better on desktop. Edit2: There's a good chance that the server will crash overnight, but I'm heading to bed now... If it's not up when you click the link, I'm sorry... I'll put it back up when I wake up tomorrow... submitted by /u/Ahjustsea [link] [comments]

  • You know the Bitcoin halvings that start bull runs? Ethereum's merge to PoS next year is going to be three times as bullish.
    by /u/roberthonker on November 28, 2021 at 1:55 am

    All right folks, here's the ETH hopium you're looking for. I'm sure you've all heard about the fabled Merge that will be happening next year around June. Essentially Ethereum will transition from Proof of Work to Proof of Stake. When this happens, the amount of ETH being created will be reduced by about 90%, and the total ETH supply will become deflationary (which means the supply will constantly be decreasing) So why does this even matter? You know the Bitcoin halvings? Those groundbreaking, earthshattering events that kick off every bull run? The Merge is estimated to be about as bullish as three of those combined. That's totally mind-blowing. This means that ETH is going to have a bullish movement like nothing we have ever seen. If demand remains constant, and supply decreases-as it will-ETH has to go up. That's simple supply and demand. And ETH's demand is going to be going up. With the rise of L2's and sharding, ETH isn't going anywhere anytime soon. TL;DR: When ETH goes PoS it will be as bullish as THREE bitcoin halvings. That is absolutely crazy. ETH is going to have an amazing future. submitted by /u/roberthonker [link] [comments]

  • Don't be a fool. Never, I mean never take a loan to invest in cryptocurrencies. It is not worth the stress, your mental health and the risk of going bankrupt
    by /u/UnexperiencedIT on November 28, 2021 at 1:34 am

    The worse thing about losing money while investing in cryptocurrencies is losing money you don’t have. The sentence that is often repeated here is “don’t invest what you can’t afford to lose". It is absolutely not worth the risk, stress and your mental health. Some people get lucky, but most don't. Don't be an idiot, ignore the stories where people borrowed money and managed to get it back and make some profit along the way. Those are rare ones. Instead you should read this: "I'm thinking about the money I borrowed from my friend, even my savings, like my RRSP is gone. I just can't believe it" "So now I'm really freaking out because I’m like $80,000 in and I really need that money" You don't want to be those people. Invest what you can afford to lose. submitted by /u/UnexperiencedIT [link] [comments]

  • The entire crypto market is being shorted in the last 48 hours and barely anyone is talking about it.
    by /u/shlammyjohnson on November 28, 2021 at 12:36 am

    Shorts have been steadily rising with no upper limit in the last couple days with buying pressure still supplying upward pressure. Just take a look at datamish.com and see how most coins, especially BTC, are being shorted to an insane degree with FUD regarding the "Omicron variant" as an excuse. It's actually infuriating seeing the major hedge funds and financial big wigs trying to create a reason why they want to buy up their personal crypto for cheap. Yup, lets just all ignore the insanely bad monetary policy and "transitional inflation" that's been happening for the last couple years. Meanwhile ($1.6 Billion dollars of ONLY bitcoin) are being shorted in the last 48 hours not including the rest of the crypto market. Stay smart friends, there's a coordinated effort to dismantle us all using any means necessary. submitted by /u/shlammyjohnson [link] [comments]


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