Cryptocurrency mega-thread

[BACCS]

Total crypto market cap extremely close to a new ATH

 

[Evolved1]

SHIBA INU is the 18th highest token by MK with a value of $11.43B USD. Wow.

 

[Gak Attack]

Good to see ETH has woken back up

 

[bzparkes]

Good to see ETH has woken back up

Finally. Mind you, was good to see it and a few others independent of BTC.

 

[BACCS]

ETF is very close, will be available before end of the month I believe

 

[FootieFanz]

Does anybody in this thread genuinely collect NFT's?

 

[BACCS]

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.

 

[ash_1050]

Are you considering getting back into the market?

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]

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.

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.

 

[BACCS]

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]

So you haven’t sold any coins since 2016?

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!?

 

[BACCS]

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.

 

[ash_1050]

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.

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]

Absolutely. Taking profits in January 2018 and staying out of the market until early 2020 would’ve compounded gains from 2018.

The value amassed is insane, but I can't bring myself to touch it now. I pret

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.

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

 

[faible]

When does one cash out?

When you've got enough to invest in something stable and still live off the interest / dividend?

 

[FootieFanz]

When you've got enough to invest in something stable and still live off the interest / dividend?

Yup... That's what I used to think. hahaha

 

[faible]

Yup... That's what I used to think. hahaha

"I could make $1m a year in dividend income, but if I just HODL a bit longer, that could be $2m"

 

[FootieFanz]

"I could make $1m a year in dividend income, but if I just HODL a bit longer, that could be $2m"

My accumulation mindset doesn't understand what pulling out now means. lol

 

[faible]

My accumulation mindset doesn't understand what pulling out now means. lol

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]

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."

LOL...If I live to 2078 I would be impressed.

 

[faible]

LOL...If I live to 2078 I would be impressed.

Can't accumulate when you're dead, need to live for those sweet sweet crypto gains.

 

[FootieFanz]

Can't accumulate when you're dead, need to live for those sweet sweet crypto gains.

brb breaking cold storage to buy a goat and a lambo.

 

[BACCS]

60k officially hit for the first time since March

 

[MirosWife]

60k officially hit for the first time since March

clear air coming. Yay!

 

[BACCS]