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Cryptocurrency mega-thread

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I agree the profits will flow elsewhere, not convinced it will be BTC though.
Many people who are on SHIB and who do sell it, will be looking for the next coin that will go 4 or 5x.
Of course some will flow to the big boys, but the ALTS will get a nice intake i reckon after a SHIB dump.
The whales that will actually sell their SHIB and are mostly more experienced investors are the types to put the profits into big projects, such as BTC and ETH. I agree that the general retail investor will likely chase the smaller cap alts, but these are also the type to simply continue holding as it dumps and panic sell at a loss later.
 
Anyone just see that 50% 1inch bump? I managed to sell at $6.00. 20 minutes ago I was thinking of seliing it into Shib. ha.
Should be putting that into ADA, which is about to burst soon (Bollinger Band Width is very low). Given it's a bull run, can't see this volatility breakout being anything but up. Do not chase SHIB at this late point, find the top 20 projects that have been stagnant for a little while and are about to go on their run.
 

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Sell = good.

Sell for Shiba = bad.

Chasing pumps will get you rekt.

Agree and agree. I only put a few 100 into 1 inch a few weeks ago thinking it looked ready.. Banked 150% after that pump.
Should be putting that into ADA, which is about to burst soon (Bollinger Band Width is very low). Given it's a bull run, can't see this volatility breakout being anything but up. Do not chase SHIB at this late point, find the top 20 projects that have been stagnant for a little while and are about to go on their run.

Agree but not sure on ADA yet. Maybe even chain link.
 
I dropped a bit of shib into BTC earlier today when BTC dropped. Unfortunately before the shib jump this afternoon but still think right call anyway.
 
I don't think he has, I'll find out when I see him. I would've sold a few weeks ago and probably missed this latest pump.
It's impossible to time the peak. Good on him for holding and getting gains but greed it what causes the most regret in this. I've been through that aplenty.
 
I dropped a bit of shib into BTC earlier today when BTC dropped. Unfortunately before the shib jump this afternoon but still think right call anyway.
Yeah, it's still the correct call. it could just as easily have dumped as the pump appears to be mostly based on hype. Never a good sign for the short to mid-term holders. If you're planning on holding a long time then you won't give a shit about the volatility I guess, provided there's developments coming in the foreseeable future.

If you're holding because it's pumping solely due to hype and nothing else then you're best getting out before the whales dump and you become a salty bag holder.
 

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Nah, 50/50 BTC and ETH IMO. BTC spot ETF should see a massive pump soon but ETH's been consistently the better performer since 2017.

Still, as long as you've got a horse in either/both races you'll be fine.

I actually hold more eth compared to btc myself.
Good call
50 50
 
Surely BTC bounces from here.

I don't usually follow the BTC charts (i have zero invested...i know i know i'm such an alt w***er) but yeah that is actually a brutal day for BTC.
A bit of pullback is healthy though, it gets some of the quick sellers out of the market and then it can start heading up again. I can't imagine it'll drop too much more.
 
I don't usually follow the BTC charts (i have zero invested...i know i know i'm such an alt w***er) but yeah that is actually a brutal day for BTC.
A bit of pullback is healthy though, it gets some of the quick sellers out of the market and then it can start heading up again. I can't imagine it'll drop too much more.
I don’t have any either but everything flows from it. Hopefully it’s stacks of liquidations.
 

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