Cryptocurrency mega-thread

[maryjames]

Haha true, but every cycle brings a new bottom for all coins. No one seriously thinks BTC will actually drop to 3800 again.

Well hope not. Lol but never know.

 

[almuz]

Glad I found this thread - the reddit communities for coins and crypto in general are cooked, genuine cult.

Way too spooked to buy anything atm, feeling a bit of FOMO with ETH trending back up today

 

[BACCS]

Glad I found this thread - the reddit communities for coins and crypto in general are cooked, genuine cult.

Way too spooked to buy anything atm, feeling a bit of FOMO with ETH trending back up today

Don’t get too FOMO yet, it did this last night around 3am too and then dipped a bit below 3k a few hours later again.

 

[thedreadpirateroberts]

ETH seems to be popping back up off about 3k AUD, maybe the bottom for it?

america is sleeping. fully expecting more carnage in 5 hours time

 

[BACCS]

america is sleeping. fully expecting more carnage in 5 hours time

Yeah I am wary of that, that’s why I’m holding off buying. Although, going by rumours it doesn’t sound like this attack on the market came from the US.

 

[Bostonian]

My strategy is don't buy large chunks of coins in one go.

If you like an entry point but aren't sure how the chart will flip, grab a few, then follow the tracking of the chart and if it drops further below the entry point you set buy a few more.

Don't pick an entry point, grab a few and then when the chart starts heading up go all FOMO in the moment.

Set an order up with a few different price points to snag some at those points.

Keeping it basic.

 

[BACCS]

Summary:
Don't expect a lot of movement with ETH over the next 3 months, market cycle peak is more likely for 2022, but the run could start this year

 

[Bostonian]

This is one resource I use for finding new projects and information.

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[HirdyLannister]

Felt like my first time.

 

[BACCS]

Slow and steady today, a nice change of pace from last night! Getting a nice bounce from a few alts of 20-30% today

 

[Raisedeyebrow]

No you don't.

The number of people that have put the amount of money in to make that kind of return is small, so unless it just so happens that most of them are in your friendship circle, you don't know 'tons' of people making $100k plus profit in the past year from crypto.

I only know one. Am jealous and motivated! Wish I had the amount he had to play with, or at least bought what he did. Especially ADA, his profits even from Jan to Mar on cardano this year were huge. I don't have enough of it, bought $50 more yesterday. When I start working again in a fortnight (maternity leave) and have an income I'll put more in as I can....

 

[juss]

I only know one. Am jealous and motivated! Wish I had the amount he had to play with, or at least bought what he did. Especially ADA, his profits even from Jan to Mar on cardano this year were huge. I don't have enough of it, bought $50 more yesterday. When I start working again in a fortnight (maternity leave) and have an income I'll put more in as I can....

I know one, who pulled at least tens of thousands profit as he was on Bitcoin a few years ago when it was in the low thousands, he may have pulled more profits over the years. He was a pretty early adopter to crypto (relative to the masses) so I reckon he'd be in 6 figure profits now.

Most other people I know have fluxed between a few thousand up or down either way.

 

[BACCS]

Interesting analysis

 

[Bostonian]

C'mon next dip, I'm waiting for you..

 

[BACCS]

C'mon next dip, I'm waiting for you..

Do you think there will be another dip? Seems to have stablised for now

 

[HirdyLannister]

All trending down now, purchased some more ADA and MATIC ths morning, should of waited. owell long haul now

 

[juss]

I think I got lucky and bought quite low as it seems to recovering slowly now. Il let this sit for a while and possibly buy again on the next crash. If it does hit its next peak I might cash out half for the profits and try and do the same thing again.

 

[Ghost Patrol]

Smart contracts coming to doge?

 

[BACCS]

I think I got lucky and bought quite low as it seems to recovering slowly now. Il let this sit for a while and possibly buy again on the next crash. If it does hit its next peak I might cash out half for the profits and try and do the same thing again.

Did you buy about mid morning yesterday? At this stage that has been the lowest point for few of the major coins

 

[maryjames]

Rule number 1 for crypto trading is patience.
I find it odd how people panic sell. No patience..

Also people got to look at money as fake. People oddly fear it.

 

[BACCS]

34,000 BTC was bought as soon as it dipped to 29k, which is why it shot back up super quick. Seems pretty coordinated to me...

 

[BACCS]

Rule number 1 for crypto trading is patience.
I find it odd how people panic sell. No patience..

Also people got to look at money as fake. People oddly fear it.

I feel like I’ve gone through my first crypto initiation and passed haha, hodling during the madness and then buying in the dip

 

[cotter101]

Just wishing I brought more during the dip. Was nice being able to grab some coins I wanted at a really good price though.

 

[BACCS]

Just wishing I brought more during the dip. Was nice being able to grab some coins I wanted at a really good price though.

I always think that too, but then tell myself there will always be another dip to buy in soon enough

 

[juss]

Did you buy about mid morning yesterday? At this stage that has been the lowest point for few of the major coins

Yep pretty much, I probably didn't get it absolute rock bottom, but I bought in red right near the low and a few hours later already green.