Crypto Megathread V16 - Only The Strong Survive

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TeTe said:
LOL, I think I'm going to convert my ADA to USD Coin soon too, might wait until Charles sells his hopes and dreams and do it right after.
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I figured, how much more can this dumb pump last. Even if it’s a few more cents, it is coming back down to earth very soon
 
Rob Battisti said:
Same, converted ~40% of my ADA to USDC
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Smart move. After some thinking, I decided to "level out" as it were and do the same. I'm not opening up the ol' diamond hands, I'm taking profit to re-invest. :)
 
Have you guys bought any NFTs?
Its pretty fucked up...i took the plunge last night. Bough 1k of The Birdhouse collection, this morning i can sell them 65% higher instantly.

On sunday i was looking at AlphaBettydoodles, they had had a huge boost in 24h volume. They were being traded at 0.03ETH. They are currently going for about 0.12ETH

I won't play in this space too long but right now its pretty crazy how fast you can 1x
 
GarbageGuy said:
Have you guys bought any NFTs?
Its pretty fucked up...i took the plunge last night. Bough 1k of The Birdhouse collection, this morning i can sell them 65% higher instantly.

On sunday i was looking at AlphaBettydoodles, they had had a huge boost in 24h volume. They were being traded at 0.03ETH. They are currently going for about 0.12ETH

I won't play in this space too long but right now its pretty crazy how fast you can 1x
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I mean how do you even know what any of them are worth or when you can sell it for more the whole NFT thing is weird everything I see that actually sells looks like some gay shit.
 
Rygu said:
I mean how do you even know what any of them are worth or when you can sell it for more the whole NFT thing is weird everything I see that actually sells looks like some gay shit.
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Music NFTs are the future
 
Rob Battisti said:
I figured, how much more can this dumb pump last. Even if it’s a few more cents, it is coming back down to earth very soon
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TeTe said:
Glad I moved all of my ADA into USD Coin when it was at $2.02.

I'll wait until it drops back down to $1.25 and put it back in.
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I also pulled out about 75% of my ADA. I wasn't a whale by any means but it nice to make a profit and take some out while it's up. Maybe it keeps going and I'll hold a small position in case it goes to the moon ;) but staying out for now.

Gotta figure out where to put it. Maybe USDC for now. Thinking about adding to my HBAR and ALGO.
 
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TheNinja said:
I also pulled out about 75% of my ADA. I wasn't a whale by any means but it nice to make a profit and take some out while it's up. Maybe it keeps going and I'll hold a small position in case it goes to the moon ;) but staying out for now.

Gotta figure out where to put it. Maybe USDC for now. Thinking about adding to my HBAR and ALGO.
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At this point, I would prefer HBAR to ALGO. I can’t for the life of me understand why it’s not rising with the market
 
Rob Battisti said:
At this point, I would prefer HBAR to ALGO. I can’t for the life of me understand why it’s not rising with the market
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That's what I keep wondering too. And keep thinking maybe HBAR is a good one to put it in now b/c it hasn't had that massive jump that some of the others have had. I never like to buy into something that's just jumped 35% in 7 days for example but HBAR has been frustrating for me. Especially since I bought when it was high. I'm definitely down overall on it and maybe DCA into it will help.

Otherwise I just throw the money at ETH. It seems like it can't lose these days :)
 
tibba said:
Gotta love to see it.. buy some toys?
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Just moved profits into USDC for now. Will decide after this weekend what I want to do with it.

Current thoughts are:

1.) Cash out, hit up my local coin shop for a MS65 or better certified St. Gauden's Double Eagle. I know I can flip something of MS65 or better for at least 30% more than I get it from my buddy at the local coin shop.

2.) Cash out, throw it into either generic gold bar(s) or government-issue bullion from my buddy's local coin shop.

3.) Put it towards a new wood-burning stove in my dad and I's hunting cabin.

Leaning toward option 1 since the chance for further profit is there.
 
I've realized the secret to minimizing stress in crypto is to hold BTC, Eth and Tether (or USDC, fiat etc) simultaneously. Although it can never be a win-win it can also never be a lose-lose. This is the least stressed I've been relating to crypto in months.
 
TeTe said:
Glad I moved all of my ADA into USD Coin when it was at $2.02.

I'll wait until it drops back down to $1.25 and put it back in.
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I moved 50% of my ADA at $2.06. If it's still above $2.00 tomorrow morning I'm gonna move the rest.
 
Rygu said:
I mean how do you even know what any of them are worth or when you can sell it for more the whole NFT thing is weird everything I see that actually sells looks like some gay shit.
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This video is pretty good for NFT flipping advice. Theres some real profit to be made but gotta be careful fomoing into overhyped ones.

 
Rygu said:
I mean how do you even know what any of them are worth or when you can sell it for more the whole NFT thing is weird everything I see that actually sells looks like some gay shit.
Click to expand...
Rygu said:
I mean how do you even know what any of them are worth or when you can sell it for more the whole NFT thing is weird everything I see that actually sells looks like some gay shit.
Click to expand...

Value right now is with NFTs that you can actually use in the metaverse. Like for example Nascar just signed a deal with Zed Run (horse racing game) to have Nascar branded NFT horses you can use and race.

most of the NFTs i've seen have procedural esthetics but also stats. So for example in this horse game, you could mint an NFT that has OP stats applicable in the races, or one that has a unique trait less than 0.5% of all NFTs of that collection have.

the value attached to this is absurd but the market is there....and its exploding.
 
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