Finance/Crypto Crypto Megathread v38 - BTC 100k watch. You got lucky and it's just a bubble!

Strychnine said:


PLEASE be careful with what you invest in. Some people will no problem leaving you hanging with just holding nothing but your Johnson in your hand.
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What? What could possibly be the danger in investing in a speculative asset that is in no way tethered to an actual product? One the majority of which is owned by just a few people who all know each other?
 
Jack Reacheround said:
What? What could possibly be the danger in investing in a speculative asset that is in no way tethered to an actual product? One the majority of which is owned by just a few people who all know each other?
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TheNinja said:
Can you teach me your ways o wise one? I just buy and hold...lol. I never know when to sell.
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DCA always either down or up. We don't know whether it's going to go down or up. But if it goes down after you buy, you're going to lower your dollar cost average. And if it goes up after you buy? You are going to be profitable anyway. So if there's a sudden nuke, you'll still be profitable because you bought much lower. So now you have the option to sell quickly for a profit and wait on the sidelines to buy again...

Second thing is take profit often. Don't be too greedy thinking it's going to keep going up, going up.

I have literally given up hundreds of thousands of dollars by not taking profit in the last few years.

There are a lot of scumbags out there calling for BTC 250K,300K,500K.

Trust none of these assholes. They just want to amp up people so that tons of new money comes in and they can exit at the later stages.

I see a top of BTC 145 K for this cycle. I might be wrong. But that's what I believe it will be around.

Lastly, be heavy on USDT. There will be tons of opportunities in crypto. You will make a lot of money if you just keep your USDT and wait.I promise. There will certainly be a massive drop where you can then buy in and make tons of profit. As long as you have a lot of USDT on the side, you're good.


Also lastly, have a reliable cryptocurrency alerting tool so that you're on top of the game. I use coinwink and it's free.

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Godless said:
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Quoting my own post here. But you can see Wild literally going from $0.13 to $0.30. This thing does X's like you wouldn't believe. It was actually at 11 cents and went well past 30 all the way to $0.52. That's nearly a 5X in the space of just a few days. I wouldn't touch this in the bear market though, because it's going to pennies.

Excellent for short term trading right now though.Also I remember how much money was pumped into Shiba Inu last cycle. It's trash, now.

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Sometimes this happens. I actually bought Wild at $0.20 day before yesterday and now it's approaching 40. Could have actually made $20,000 instead of 2000 Had I held and not sold for just a 10 percent profit.


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I won't be touching it now, but I think Link is a good buy at these prices. It's 22 right now. I think Link will be doing another run to $30 soon. Probably go past that as well.

I've started my first buy in.

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@TheMaster

What happened to your API 3? Did you exit completely or do you still have it?
 
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Godless said:
Quoting my own post here. But you can see Wild literally going from $0.13 to $0.30. This thing does X's like you wouldn't believe. It was actually at 11 cents and went well past 30 all the way to $0.52. That's nearly a 5X in the space of just a few days. I wouldn't touch this in the bear market though, because it's going to pennies.

Excellent for short term trading right now though.Also I remember how much money was pumped into Shiba Inu last cycle. It's trash, now.

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This is great to know. I won't be buying WILD right now as it's above .30 but will be watching that one for sure. I need to find a few that seem to toggle between 2 fairly decent extremes and catch it on a dip.

Like you said, don't like the current market for buying though. I'm sitting and holding most of what I have. 80% of my crypto is BTC. I got 60% of that BTC at 19k. I'm "up" now even after taking a bath due to Voyager collapse (I didn't have cold wallet :( ). I say "up" in quotes b/c I haven't sold it yet.
 
TheNinja said:
This is great to know. I won't be buying WILD right now as it's above .30 but will be watching that one for sure. I need to find a few that seem to toggle between 2 fairly decent extremes and catch it on a dip.

Like you said, don't like the current market for buying though. I'm sitting and holding most of what I have. 80% of my crypto is BTC. I got 60% of that BTC at 19k. I'm "up" now even after taking a bath due to Voyager collapse (I didn't have cold wallet :( ). I say "up" in quotes b/c I haven't sold it yet.
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19 K is an excellent buy in point. When do you plan on selling?

I plan to liquidate everything at one point and send the USDT to my Ledger. This is another really important thing, because you can't trust these exchanges.

There's no point in holding any other coins because the bear market's coming up at some point next.
 
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