Crypto Megathread v37 - All aboard the Soooooool Train!

Do we see $40k or $80k first?

  • $40k

    Votes: 14 31.1%

  • $80k

    Votes: 31 68.9%
  • Total voters
    45
Status
Not open for further replies.
TheNinja said:
I missed my SOL entry I think. Super FOMO on it right now. I’m frozen on what to do whether I should buy or not.
Click to expand...

I’m no expert by any means.

But basic rule of thumb in crypto is not to buy when the market is hot, it’s hot right now.

People who consistently profit in crypto don’t buy at times like this. But I’ll defer to the other more experienced people in the thread.
 
TeTe said:
Another good Alex Becker video today. Also explaining how ETH is in the exact position now as it was last cycle at this time. People hating on it in Dec when the BTC/ETH par was bottoming.. then come Jan.. boom.

Click to expand...


Only thing Alex Becker is good for is cuck jokes, would not be going by anything this guy says.
 
wildchild88 said:
Only thing Alex Becker is good for is cuck jokes, would not be going by anything this guy says.
Click to expand...
I used to despise him but he's grown on me. I don't listen to any of his recommendations on small caps really but his cycle analysis is pretty dead on
 
TeTe said:
I used to despise him but he's grown on me. I don't listen to any of his recommendations on small caps really but his cycle analysis is pretty dead on
Click to expand...

He's kinda funny, i dont mind him as a personality.

But I actually think he's kinda harmful in a way tbh.. He's the kind of influencer who newcomers are attracted to, because one of the funnier, more engaging influencers of crypto on youtube..

He does warn people occasionally, but he generally hypes people up to jump big into high risk alts (many of which he is personally associated with).

His TA is very basic and he makes big assumptions.. eg. as in that video, that alt season is coming big soon because it always follows bitcoins ATH. Where as there is a strong chance this doesn't happen this cycle as bitcoin dominance has increased massively and the perceived legitimacy of alts has dropped massively since last cycle (no one actually believes in the technology this time around).

He might be right, but he makes some big assumptions and packages them to his audience like "hey there's a small chance im wrong, but it's not too late to get in big and spend thousands of dollars on alts that will probably 10-20x from here"
 
wildchild88 said:
He's kinda funny, i dont mind him as a personality.

But I actually think he's kinda harmful in a way tbh.. He's the kind of influencer who newcomers are attracted to, because one of the funnier, more engaging influencers of crypto on youtube..

He does warn people occasionally, but he generally hypes people up to jump big into high risk alts (many of which he is personally associated with).

His TA is very basic and he makes big assumptions.. eg. as in that video, that alt season is coming big soon because it always follows bitcoins ATH. Where as there is a strong chance this doesn't happen this cycle as bitcoin dominance has increased massively and the perceived legitimacy of alts has dropped massively since last cycle (no one actually believes in the technology this time around).

He might be right, but he makes some big assumptions and packages them to his audience like "hey there's a small chance im wrong, but it's not too late to get in big and spend thousands of dollars on alts that will probably 10-20x from here"
Click to expand...
Bitcoin dominance was even higher in the previous cycle and one could argue that the higher it goes the better for alts it is.

While I agree narratives are different, nothing so far this has deviated much from previous cycles.

If course nothing is guaranteed, but until I see some drastic changes it's hard to assume it's different this time. I'm not taking into account any of these shitty alts either. I'm talking about the higher caps.

I don't think the legitimacy has changed so much as it's shifted from four years ago to different projects.

One thing that hasn't changed for sure.... Is greed lol.
 
Jesus Christ, I fucking love TRUMP AND CRYPTO (Coming from a triggerd soy boy so that says alot).


I've been pretty poor all my life but I somehow managed to scrape by this harsh bear market of 2 years and HODL and DCA a bag of about 12k..... It was a long time coming, Now earlier today I just reached that magical 50k number. I have never had so much money in my life ( I know to some of you that's not alot and that's cool I wish I had your bags haha). Its still pretty surreal to me.

Crypto is really rewarding alot of us right now that believed in it. Its beautiful my Crypto Bros. I hope all of you make a million dollars. We Were Right.
 
TeTe said:
Bitcoin dominance was even higher in the previous cycle and one could argue that the higher it goes the better for alts it is.

While I agree narratives are different, nothing so far this has deviated much from previous cycles.

If course nothing is guaranteed, but until I see some drastic changes it's hard to assume it's different this time. I'm not taking into account any of these shitty alts either. I'm talking about the higher caps.

I don't think the legitimacy has changed so much as it's shifted from four years ago to different projects.

One thing that hasn't changed for sure.... Is greed lol.
Click to expand...

True.

Just think that influencers constantly pumping hopium to newbies in a market that’s getting hot can fuck a lot of people over. (Most do).

So many angles to be taken on this market, one thing that has stuck with me is that every cycle has diminishing returns (the peaks are smaller each cycle) and we are pretty close to the top of this cycle if you calculate for diminishing returns.

That said, good luck to all, hope ya’ll get out a significant profit this time.
 
TeTe said:
finance.yahoo.com

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again

After MicroStrategy's stock collapsed in 2000, now-former CEO Michael Saylor flew under the radar. Crypto changed all that.
finance.yahoo.com finance.yahoo.com

So I forgot about this story from August 2022. The only reason I even recalled it was someone saw it today and made a comment under a comment I made back in 2022 when they published it.

View attachment 1072910
Click to expand...

I guess that redeems you for trying to swerve me on Ripple last week, I'm up 38% on that bad boy
 
Pliny Pete said:
I guess that redeems you for trying to swerve me on Ripple last week, I'm up 38% on that bad boy
Click to expand...
Lol, so you bought some? Glad you didn't listen. To be fair I have never been a fan... But if there's one thing that's for sure... When the whole market is in a run up, you can pretty much buy anything and it'll go up
 
TeTe said:
Lol, so you bought some? Glad you didn't listen. To be fair I have never been a fan... But if there's one thing that's for sure... When the whole market is in a run up, you can pretty much buy anything and it'll go up
Click to expand...

Yea, I dipped in small on both XRP and SOL, same dollar amount at the same time, XRP is up 38% and SOL is up 8%, ole Pete is headed to the top!
 
At the risk of infraction, since I can’t copy DMs, I was just told that the ETFs, increase in global liquidity and friendly incoming regulation isn’t the cause of the BTC price increase.
 
The main driver of BTCs price is global liquidity for sure. Lyn Alden said it years ago and I never doubt her opinion on the subject.

I'm sure whatever pseudo economist that pmd you has Lyn's credentials.
 
Status
Not open for further replies.

Latest posts

Forum statistics

Threads
1,275,146
Messages
57,970,943
Members
175,885
Latest member
gono

Share this page

Back
Top