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Probably a good time to lock in some altcoin profits if you haven't already done so.
 
Evolved1 said:
Probably a good time to lock in some altcoin profits if you haven't already done so.
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Maybe a good time to buy.

My compounding holding technique is to good right now.

Surely this has to be a game plan in a bull market.

Say you put in 10k on a few coins 6 months ago. They have come close enough or easily have doubled every month on average if picked the right coins.
If on average every month doubles the 10k to 20k to 40k to 80k to 160k to 320k.

And that’s from 10k. Come on this is the best way to play the bull market.
Or bought Ada 3 months ago with 10k. Now 60k give or take. If held.

Most people can do this. Surely people can find 10k.

We still only in February.

Still time to play this hodl game out.

For me in jan. Had two huge dumps held and ended up doubling.
Feb on track to do the same.

Well we hope. Lol 😂
 
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maryjames said:
Maybe a good time to buy.

My compounding holding technique is to good right now.

Surely this has to be a game plan in a bull market.

Say you put in 10k on a few coins 6 months ago. They have come close enough or easily have doubled every month on average if picked the right coins.
If on average every month doubles the 10k to 20k to 40k to 80k to 160k to 320k.

And that’s from 10k. Come on this is the best way to play the bull market.
Or bought Ada 3 months ago with 10k. Now 60k give or take. If held.

Most people can do this. Surely people can find 10k.

We still only in February.

Still time to play this hodl game out.

For me in jan. Had two huge dumps held and ended up doubling.
Feb on track to do the same.

Well we hope. Lol 😂
Click to expand...
Depends on the way you're playing the game. I've sold most of my alt holdings for BTC because I think it's about to go on a run....most likely up.

I would have made more by just holding, but I can't stomach the swings in volatility.
 
Evolved1 said:
Depends on the way you're playing the game. I've sold most of my alt holdings for BTC because I think it's about to go on a run....most likely up.

I would have made more by just holding, but I can't stomach the swings in volatility.
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I love the swings. I sit watching it crash and wonder how far it will go. Lol.
But in saying that I’ve got long held coins so doesn’t matter. Bought low. Thanks to that Ben Cowen.

The main thing in my method is make sure I don’t get greedy. take some profits when it’s right then take most to my holding wallet when think the run is done. Also tax purposes come into play. Only 17.5% capital gains tax after 12 months held.
 
PoppedCorn said:
Hope u guys girls are ada and vet hodlers
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Bought 1365 ADA after I did some research following your post the other day. Going well. A few milestones on the roadmap coming up soon as well.
 

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I bought into Ada at 12c last year, great project with a lot of big milestones to come. It’s a long term hodl for me.
 
Evolved1 said:
...I've sold most of my alt holdings for BTC because I think it's about to go on a run....most likely up.
Click to expand...

Best on ground effort that was.

My sister asked me about buying BTC around July or August when it ran from around $14k AUD to $17k AUD...I told her to wait for the correction lol.
 

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Drakescoffeecake said:
Why SOL?
Click to expand...

Think it will move up from ~33 in crypto market cap to ~5 in a few years:

  • Other platforms rushed to fill a gap by throwing together concepts hoping they stick. Solana devs went to the root of the problem, started from first principles and revisited old research on concurrency
  • Strong development team
  • Strong VC backing - Coin98 ventures, Multicoin capital, plus a few others
  • Already has a chain that can handle ~59k TPS based on PoH, allowing for scalability and speeds unseen in blockchain tech - https://medium.com/solana-labs/7-in...a-the-first-web-scale-blockchain-ddc50b1defda
  • Transaction fee of $0.00001 (vs $2 for Eth) will see people migrate away fromEth
  • Kin has already successfully migrated onto the Sol platform, more will follow
  • Lots of people talking about it on social media.. It's already pumped a bit in the past few weeks but personal view is that it's still very undervalued
1612838110028.png
I think Btc will still do anything from 3x - 5x from here til the end of the current bull cycle, so when buying alts I want to be confident that it will outperform btc by a large amount, otherwise I'd just buy btc with the lower beta
 
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