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Cryptocurrency mega-thread

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maryjames said:
Play this for 10 years and you be a multi millionaire. As long as you are patient and understand the circles of crypto. If invested 11k into dogecoin 12 months ago you have 1 million dollars now.
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I accept it’ll crash at some point. But I think I’m reasonably patient. The level of manipulation in crypto is a bit annoying though, but that’s just part of it.
 

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Chris25 said:
I accept it’ll crash at some point. But I think I’m reasonably patient. The level of manipulation in crypto is a bit annoying though, but that’s just part of it.
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It’s the long game that wins. What goes up must come down. But over time volatility and manipulation won’t matter.
Follow this rainbow chart the next 10 years you are done if history continues in this algorithm.

www.blockchaincenter.net

🌈 Bitcoin Rainbow Chart (Live) - Blockchaincenter

The Rainbow Chart is not investment advice! Past performance is not an indication of future results. The Rainbow Chart is meant to be be a fun way of looking at long term price movements, disregarding the daily volatility "noise". The color bands follow a logarithmic regression (introduced by Bitcoi
www.blockchaincenter.net www.blockchaincenter.net
 
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Kinda reminds me of late December 2017. Bitcoin cooling off, shitcoins pumping.

Not pretty.
 
The alternative is to become a doge maxi with the possibly of waking up rolling in cash tomorrow.
 

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Evolved1 said:
I'm 95% tethered up waiting for the dust to settle. BTC has lost key support levels.

I'm happy to buy in higher if I'm wrong.

Just playing it level by level.
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Big 3 weeks for my portfolio. Was always going to pull back.. every time I start walking like Conor McGregor I know it’s about to crash..

Just checking bitcoin now hoping it holds over $59,700
 
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maryjames said:
Big 3 weeks for my portfolio. Was always going to pull back.. every time I start walking like Conor McGregor I know it’s about to crash..
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It's difficult to take profits when your portfolio is booming and everyone is looking at higher targets.

I'm fairly sure that I still have some low level PTSD from the last bear market, so my highest priority is protecting profits.
 
During the next bear market, I'll accumulate exchange tokens and DOGE. That's a sure recipe for success.
 
Evolved1 said:
It's difficult to take profits when your portfolio is booming and everyone is looking at higher targets.

I'm fairly sure that I still have some low level PTSD from the last bear market, so my highest priority is protecting profits.
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I’ve held with only 2 moves I think for 5 months now. It’s working well so far. Bought more as I’ve went on the big dips.

This shit better do a blow off top like 2017/18 or if it casually goes bear market then I’m not selling no where near top.
 

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maryjames said:
I’ve held with only 2 moves I think for 5 months now. It’s working well so far. Bought more as I’ve went on the big dips.

This sh*t better do a blow off top like 2017/18 or if it casually goes bear market then I’m not selling no where near top.
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You've probably done far better than most using that strategy.

At a guess, I make around 20 trades per day on average. I might need counseling soon. :p
 
maryjames said:
What’s it now? Did you hold it?
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Yeah, bought more that same day but higher prices. Had about 25000 of them at one stage, but took profits out a few times, whats left is all profit

10000 of them, currently worth $3838

Sponsored by jobseeker lol
 
Ghost Patrol said:
Yeah, bought more that same day but higher prices. Had about 25000 of them at one stage, but took profits out a few times, whats left is all profit

10000 of them, currently worth $3838

Sponsored by jobseeker lol
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I don’t hold dogecoin at all. I put some in not much after the calm down from that 1000% day.

I stick to my plan as strong hold 98% of the time. Reason I don’t fomo in most of the time is I’ve seen so many people get Rekt.

Got to be already in it before it happens.
 
maryjames said:
I don’t hold dogecoin at all. I put some in not much after the calm down from that 1000% day.

I stick to my plan as strong hold 98% of the time. Reason I don’t fomo in most of the time is I’ve seen so many people get Rekt.

Got to be already in it before it happens.
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Best thing to do is find a strategy that works for you.

I'm an all or nothing person. Ape in, ape out.
 
Evolved1 said:
You've probably done far better than most using that strategy.

At a guess, I make around 20 trades per day on average. I might need counseling soon. :p
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I used to trade so much as well. I will again in the bear market. It’s about patience. Still had coins that I’d never sell though. I knew they were cheap a f.

Holding it compounds massively. Say ya got 100k goes up 500%. That’s $500k. 500 percent again that’s 2.5 million. Does it again ...

Just gotta believe the system of the bull market. Go through the ups and downs. I studied the best to make more in the 2017 bull run and holding was superior.

But if blow off top happens in September as they all saying I’ll be trading like a madman. Lol
 

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