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  1. bzparkes

    Pinksale / Pre-Sale Coins

    That's pretty big. Guess I'll be holding it then, lol.
  2. bzparkes

    Pinksale / Pre-Sale Coins

    Actually, around 18 months ago was when I got into it. It was called something else back then and the TG group name changed, so I just presumed it was a scam after that. Checked my balance not so long ago and got a nice surprise, I must say. Wish I'd put in more now, lol. Complete fluke I...
  3. bzparkes

    Pinksale / Pre-Sale Coins

    Ah yeah, I got into that ages ago. Saw that it's launching soon. I can't even remember how I came across it but let's just say the $50 I threw in is worth significantly more now, lol.
  4. bzparkes

    Cryptocurrency mega-thread

    Yeah but said range was just cooling off from the massive pump from a few months ago. If you subscribe to Elliot wave theory, this looks like the 4th move of an uptrend, so one potential pump to around $100k, before an ABC correction, which may include a blow off top like last time, before a...
  5. bzparkes

    Cryptocurrency mega-thread

    Yeah, was end of Feb in 2020, which was around 6 months after the halving. Still a fair way to go before things get truly crazy, I believe.
  6. bzparkes

    Cryptocurrency mega-thread

    Think it's got a good couple of weeks of bearish movement yet before it settles into a range. Was massively overheated until recently, so needs time to cool off. Even at $50k, it's still only a 50% or so retracement from ATH, so not much of a big deal.
  7. bzparkes

    Cryptocurrency mega-thread

    Should be fine. This support level isn't much chop and it's not a huge demand zone. Next one down is though. I actually picked the exact top of the dump, then closed the trade at a 2-1 as I was typing a post in the other thread, lol. Would've got a 20-1 RR and probably tripled my account size, fml.
  8. bzparkes

    Cryptocurrency mega-thread

    Don't tell me that, I just placed a short on Solana :P
  9. bzparkes

    Cryptocurrency mega-thread

    A long time but that's probably more due to the fact that I thought I could just wing it for ages and it'd all work out. That definitely worked on a lot of occasions but it's just dumb luck. I've been working on 2 daytrading strategies this month that's netted me a 50% account size increase(on...
  10. bzparkes

    Cryptocurrency mega-thread

    Nothing in particular. Dabbling a bit into memes. I also think exchange and native tokens are ignored far too much. Think stuff like pancakeswap, BNB, Ton, Solana, etc. You need them to do business on DeFi blockchains and exchanges, so in a bullrun, they generally pump quite a lot. AI and...
  11. bzparkes

    Cryptocurrency mega-thread

    Where we currently are is a retrace to the bottom of the current trend, which is still bullish if you look at the BTC daily chart. I don't have it in front of my but this looks like a potential 4th Elliot wave move for BTC(purely from memory of looking at it earlier today, could be completely...
  12. bzparkes

    Cryptocurrency mega-thread

    That's true although I think the majority of retail will begin to FOMO in when the good news cycle hits MSM. Be interesting to see how much of an impact they have this time around.
  13. bzparkes

    Cryptocurrency mega-thread

    Yeah, alts haven't really kicked off yet and usually lag behind BTC in that regard. Should be an interesting cycle to see if it plays out much differently than previous ones.
  14. bzparkes

    Cryptocurrency mega-thread

    Yep, I feel the same way. Barely any mention of it in mainstream news outlets, despite the recent highs and lows. Still a few months off from a real parabolic move, so it'll be accumulation at these levels for a little while longer.
  15. bzparkes

    Cryptocurrency mega-thread

    Just ranging sideways. Expect one more capitulation before taking off. The first parabolic move of the last cycle happened around 6 months after the halving. It's different this time with all the ETFs enabling easier access for more money into the market but once the news cycle starts to become...
  16. bzparkes

    Cryptocurrency mega-thread

    I've just gone to the Solana shitcoin casino today. Keycat and Wifout appear to have potential. Only 2 so far with 'safe' contracts, according to the Solana rugchecker.
  17. bzparkes

    Cryptocurrency mega-thread

    Sounds like you want to delve into the wonderful world of DeFi. This is where you can access all your shitcoins that can potentially 100x+, however it's fraught with danger, as there's relentless scams, failed projects, etc., that you can lose money on, so navigating it can be very tricky. If...
  18. bzparkes

    Cryptocurrency mega-thread

    Anyone looking to hit some big gains in the initial phase should consider getting DeFi exchange tokens, such as $cake sushi swap, etc. when the markets start pumping, people will start buying these up to stake and trade on certain platforms, which means they'll likely go ballistic at some point...
  19. bzparkes

    Cryptocurrency mega-thread

    Interesting that there's a lot of hubris about Pelosi's stock portfolio, yet there's 3 Republicans who have outperformed her. That aside, none of them should be allowed to own/invest in the stock market. Find another career if that's what you want.
  20. bzparkes

    Cryptocurrency mega-thread

    I've been DCA'ing during this time, although I've just changed jobs and don't get paid until the end of the month, so I've had to pause it for a couple of weeks. Still a fair way from the next halving, now's the time for people to set themselves up.
  21. bzparkes

    Cryptocurrency mega-thread

    The same thing I am referring to is the leveraged trading, which lead to the downfall of FTX. Lehmann Bros in the GFC is the most famous example of this.
  22. bzparkes

    Cryptocurrency mega-thread

    I agree completely with having to follow the rules. A mate of mine however is an exec at at top 4 bank and we spoke about this after the FTX debacle and he said banks do exactly the same thing because they know they'll just get bailed out.
  23. bzparkes

    Cryptocurrency mega-thread

    There is but traditional banking is no different in regards to liquidity, they just know the government will bail them out, unlike crypto currently.
  24. bzparkes

    Cryptocurrency mega-thread

    Most scams in crypto involve the victim giving out their private details, which defies all warnings everywhere in the space. No different to people who have their bank accounts drained by scam emails/texts. If someone manages to steal your identity then yes, they can sell your shares and steal...
  25. bzparkes

    Cryptocurrency mega-thread

    No different than the stock market. Companies go under all the time and people take big losses. It just happens a lot faster in crypto. When my crypto loses value then, meh. I put small amounts into riskier ventures that could pay off big time and I mitigate my risk by keeping the majority in...
  26. bzparkes

    Cryptocurrency mega-thread

    I would never do that. I'm not prepared to invest anything I can't afford to lose. Plenty of people do though, unfortunately.
  27. bzparkes

    Cryptocurrency mega-thread

    This is absolutely not true, at all. In fact, the biggest issue crypto faces, in my opinion, is margin lending, especially when exchanges were offering 100x lending on your investment. Those gigantic crashes you see form time to time? Those are margin traders being liquidated and losing...
  28. bzparkes

    Cryptocurrency mega-thread

    How many new home buyers actually 'own' their house these days? What if the government decides to build a highway straight through where you live? I'm not suggesting that's probable to happen but it is part of the risk and could happen.
  29. bzparkes

    Cryptocurrency mega-thread

    Not really sure why you're comparing crypto with houses, in all honesty. Better off comparing the stock market. Also, if you hold your funds on a reputable exchange, you can still access them anyway, because they're not held in a private wallet. Plenty of options for people to invest, based on...
  30. bzparkes

    Cryptocurrency mega-thread

    I'm not saying they're the same thing in reality but to the person who lost everything in crypto vs the person who's now homeless because the bank repossessed or the building company went under, there's no difference.

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