Cryptocurrency mega-thread

[PoppedCorn]

Yeah i hodl ada

I like sand, but hold none sadly
Sands one of those couldve shouldve but didnt

 

[Pancakes]

**** ADA, stupid campaigner of a thing.
It is just gearing me up for a night of disappointment before it crawls back up the arse of the nearest chicken and hides away for months.

 

[BIRDBRAIN]

There's a new olympus DAO fork on Avalanche chain.

snowbank.finance

Very high risk, could well be a rug. TVL 37m so could easy do a 10x or more, or crash and burn. APY is in the trillions. I chucked 400 in, now worth ~330, it's in a dip haha. Very high risk DYOR NFA.

 

[Shupe]

I'm confident ADA gets into the $4-5 range at a minimum. I got in quite early and have not yet taken any profits.

 

[bzparkes]

fu** ADA, stupid campaigner of a thing.
It is just gearing me up for a night of disappointment before it crawls back up the arse of the nearest chicken and hides away for months.

Man, have I got the perfect video for you to watch...

 

[juss]

Historical data suggests there'll be a crash/correction at some point, IMO I think its coming in the next month, however some feel it will last until the new year and come in Jan/Feb

 

[juss]

What do people think of the Australian ETF focused on crypto companies? https://www.betashares.com.au/fund/crypto-innovators-etf/

I bought a little this morning, more to follow it. I forgot how horrible it was trading on the ASX...

I bought in day 1, it's good diversification and isn't all directly in coins, but also the companies associated with the technology. Nice part of the portfolio to have that has a point of difference in the crypto space.

 

[bzparkes]

Historical data suggests there'll be a crash/correction at some point, IMO I think its coming in the next month, however some feel it will last until the new year and come in Jan/Feb

Hard to say. Some are saying Jan/Feb whilst other are looking at March. Still, this is pretty much all based off previous cycles but those cycles didn't have the amount of institutional investment in it like it does now and was mostly manipulated by Bitcoin and Ethereum whales who would trash the charts so they could accumulate more. Last time there was a huge dump a few months ago the wealth transfer from retail investors to institutional investors was massive and those guys won't shit the bed and panic sell during a market dump, they'll just buy more.

 

[juss]

Hard to say. Some are saying Jan/Feb whilst other are looking at March. Still, this is pretty much all based off previous cycles but those cycles didn't have the amount of institutional investment in it like it does now and was mostly manipulated by Bitcoin and Ethereum whales who would trash the charts so they could accumulate more. Last time there was a huge dump a few months ago the wealth transfer from retail investors to institutional investors was massive and those guys won't sh*t the bed and panic sell during a market dump, they'll just buy more.

Of course can't say with certainty.
However many investments are booming at the moment. The growth isn't sustainable and something has to slow or give. As we return to normal, spending increases in other discretionary areas. People who's investment spending has come from COVID saving now have other places to spend their money.

I think early 2022 will see many hot investments cool a bit.

 

[bzparkes]

Of course can't say with certainty.
However many investments are booming at the moment. The growth isn't sustainable and something has to slow or give. As we return to normal, spending increases in other discretionary areas. People who's investment spending has come from COVID saving now have other places to spend their money.

I think early 2022 will see many hot investments cool a bit.

Definitely agree there'll be a cooling off period, I'm just sceptical that there'll be a 2 year bear market like other cycles in the lead up to the next halving. Plenty of upcoming catalysts to keep money pumping into the scene.

 

[Crankitup]

Ok guys. I’m calling it. It may go down another 4 to 8 percent at most. That is it. Buy up. Seriously you be laughing when it goes up and had some balls to go for it. Thanks me later. Lol

Get buying.. the rise is going to happen. Bookmark this post.

If only I'd seen this post about Bitcoin 3 years ago instead of just coming across it now. Since then it has appreciated 2200%!

 

[Crankitup]

Rough seas.

Since this was your last post in the thread I'm guessing you sold it all?

 

[PoppedCorn]

Hold your ada, sundaeswap needs to be seen.

There wil be no correction this year (imo)

 

[MirosWife]

Pitbull rockted overnight. Have tripled my original (measly) position. Not too late to get onboard lads!

 

[bzparkes]

Was losing badly at League of legends last night so had to stay up to win a game.

Fortunately FUD listed on CMC during the last game so I was able to snip 1 bnb out of my original investment of $200 and let the rest ride.

Only time, in hindsight, where I was happy at sucking at that game.

 

[MirosWife]

Was losing badly at League of legends last night so had to stay up to win a game.

Fortunately FUD listed on CMC during the last game so I was able to snip 1 bnb out of my original investment of $200 and let the rest ride.

Only time, in hindsight, where I was happy at sucking at that game.

Is that what that ridiculous long wick was at about 2am haha

 

[fuic08]

Kmon up 70% last 24 from my posting

 

[bzparkes]

Is that what that ridiculous long wick was at about 2am haha

Yeah, I missed that unfortunately because I had a different coin open on Poocoin while I was playing.

This current retracement is 20% less than the previous one from Coingecko so we're all Gucci

 

[Bostonian]

Does anyone have thoughts on SAND?

My wife bullied me into buying some. Happy wife, happy life I guess.

It will be a winner long term.

I bought SAND and MANA ages ago and just sat them in my long term hold portfolio.

They were dirt cheap and zero reason to sell and lose that entry price position.

 

[Spazz Cat]

Just my prediction.
Bitcoin will do a 20% dump in a few days to shake out some leverage.
The bigger alts will pump a bit.
Then Bitcoin will make it's final big leg up to hopefully 150k aud + then start to dump in the last week of December.
Then the crazy alt season till first week of February.
Then the major dump.
Some gaming coins and NFT based ones should not get as brutally smashed IMO.
But that's just my opinion. They still might.

 

[Spazz Cat]

It will be a winner long term.

I bought SAND and MANA ages ago and just sat them in my long term hold portfolio.

They were dirt cheap and zero reason to sell and lose that entry price position.

I sold my Sand at 60c. Poor decision that one.

 

[Spazz Cat]

Did anyone by PulseFloki? I can't find even find a price chart anymore.
Have a bad feeling it's got rugged and gone to zero.

 

[Bostonian]

I sold my Sand at 60c. Poor decision that one.

We all make those calls at times.

I got into crypto for the gaming side of things to begin with so I was always going to hold mine.

Bit of an emo attachment to them.

 

[Ghost Patrol]

Does anyone have thoughts on SAND?

My wife bullied me into buying some. Happy wife, happy life I guess.

I don't like SAND. It's coarse and rough and irritating and it gets everywhere.

 

[MirosWife]

Did anyone by PulseFloki? I can't find even find a price chart anymore.
Have a bad feeling it's got rugged and gone to zero.

There are two on Poocoin that i can see. Both have stopped trading though. Been rugged is my guess.