Total crypto market cap extremely close to a new ATH
Cryptocurrency mega-thread
- Thread starter DapperJong
- Start date
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Gak Attack
Brownlow Medallist
Good to see ETH has woken back up
Finally. Mind you, was good to see it and a few others independent of BTC.
ETF is very close, will be available before end of the month I believe
FootieFanz
https://opensea.io/FootiePalz
Does anybody in this thread genuinely collect NFT's?
Looks like the ETF will be approved next week. BTC is now above the last major resistance level (58.6k). If this holds through the weekend, new ATH next week.
Nah, would only jump back in if it bottoms out. Pretty happy with my current strategy which has the same upside potential but in stocks.
FootieFanz
https://opensea.io/FootiePalz
I'm glad I HODL'd everything from 2016. There's been times where I almost flinched (both high and low prices) and let go of it all but I am pleased to say I have desensitised myself to the roller coaster now and understand practicing a long term strategy.
So you haven’t sold any coins since 2016?
FootieFanz
https://opensea.io/FootiePalz
Not BTC, along the journey I had a heap of POWER and ETH that I did chicken out on. But that's the game isn't it!?
Absolutely. Taking profits in January 2018 and staying out of the market until early 2020 would’ve compounded gains from 2018.
This is the best way to do it, at the end of the day HODLing (and accumulating) is the best strategy when it comes to something you think will be completely revolutionary. Enduring the insane swings is part of the experience, and hopefully one day you reach a number where it justified cashing out and banking the profit.
FootieFanz
https://opensea.io/FootiePalz
The value amassed is insane, but I can't bring myself to touch it now. I pret
I've had to dissociate from the value sitting there in cold storage. I pretend it doesn't exist and that way I'm not tempted to cash out. But that's the problem... When does one cash out? haha
owen87
Premium Gold
- Apr 23, 2016
- 30,759
- 43,127
- AFL Club
- Essendon
When you've got enough to invest in something stable and still live off the interest / dividend?
FootieFanz
https://opensea.io/FootiePalz
Yup... That's what I used to think. hahaha
owen87
Premium Gold
- Apr 23, 2016
- 30,759
- 43,127
- AFL Club
- Essendon
"I could make $1m a year in dividend income, but if I just HODL a bit longer, that could be $2m"
FootieFanz
https://opensea.io/FootiePalz
My accumulation mindset doesn't understand what pulling out now means. lol
owen87
Premium Gold
- Apr 23, 2016
- 30,759
- 43,127
- AFL Club
- Essendon
October 2078: "A Melbourne man passed away yesterday, he was an avid football fan and had accumulated $7.4b dollars in various cryptocurrencies having never withdrawn a cent. He's left all his money to the Collingwood Football Club."
FootieFanz
https://opensea.io/FootiePalz
LOL...If I live to 2078 I would be impressed.
owen87
Premium Gold
- Apr 23, 2016
- 30,759
- 43,127
- AFL Club
- Essendon
Can't accumulate when you're dead, need to live for those sweet sweet crypto gains.
FootieFanz
https://opensea.io/FootiePalz
brb breaking cold storage to buy a goat and a lambo.
60k officially hit for the first time since March
- Banned
- #10,424
clear air coming. Yay!
