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Cryptocurrency mega-thread

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BACCS said:
20-30% shakeouts as the peak approaches are not uncommon in bull markets. There are just too many that continually don't learn their lesson with leverage and get flushed out in scenarios like this. DOT below 40 bucks again, didn't think I would see that for a while, especially after the parachain launch.

Loading up on some more KDA tonight, just seeing where this latest flush takes us first.

Does anyone else find it funny how numb the crypto market makes you to price swings that impact your portfolio by 10-20%? Or is that just me? Since I entered the market, I would've seen at least 30 of these flushes, probably more. Prices always recover within a few days.
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Yeah getting used to it, but sub 52k and I wont be calm man. Could be a couple more days of this though.


juss said:
In one of the worst timings of the market of all time, I literally put a decent chunk of coin in last night.

Pretty much instantly lost 10-15% of my money...
Click to expand...

It will come back, unless you bought Santa.
 

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juss said:
In one of the worst timings of the market of all time, I literally put a decent chunk of coin in last night.

Pretty much instantly lost 10-15% of my money...
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Mate, I know the feeling! I put a decent chuck in a week before the 55% crash in mid May, took me nearly 2 months to tick back into the green with my portfolio. It sucks, but the market will turn!
 
The Dice Man said:
Yeah getting used to it, but sub 52k and I wont be calm man. Could be a couple more days of this though.




It will come back, unless you bought Santa.
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Yeah generally the price action is choppy for a couple of days after a flush, and then makes a firm move in either direction. I think ETH back to 4.6k and BTC 65k by end of this week.
 
Loaded up on more KDA with my bot at about the 18 dollar price, very comfortable that this will pump hard when the market turns
 
AVAX ate this dip hard, straight back to ATH. Could goto the moon by this weekend if the market pumps overall.
 
OK,

So we have a new dedicated Crypto forum https://www.bigfooty.com/forum/forums/crypto-currencies.509/ most of you probably haven't noticed. The mega thread has been moved there so for most of you life won't change.

Some of the suggestions by you guys as follows.

  • News/Articles
  • Shitcoins Only (someone already started this)
  • General Price Discussion
  • Charts / Technical Analysis (someone already started this)
  • Crypto related stocks/ETF
  • FAQ thread to cover off the basics in general
  • Epic scams and loss pr0n
  • Platforms and exchanges
  • Shitcoins for dummies thread which I am hoping bzparkes will do.
  • NFT's ?

However in the true spirit of crypto. You guys can do whatever the **** you like with the new forum. As long as it follows the BF rules ;)

Cheers
 
traffic said:
OK,

So we have a new dedicated Crypto forum https://www.bigfooty.com/forum/forums/crypto-currencies.509/ most of you probably haven't noticed. The mega thread has been moved there so for most of you life won't change.

Some of the suggestions by you guys as follows.

  • News/Articles
  • Shitcoins Only (someone already started this)
  • General Price Discussion
  • Charts / Technical Analysis (someone already started this)
  • Crypto related stocks/ETF
  • FAQ thread to cover off the basics in general
  • Epic scams and loss pr0n
  • Platforms and exchanges
  • Shitcoins for dummies thread which I am hoping bzparkes will do.
  • NFT's ?

However in the true spirit of crypto. You guys can do whatever the fu** you like with the new forum. As long as it follows the BF rules ;)

Cheers
Click to expand...

Beancoin needs to move here too. Also needs to be listed for sale.

Chief plz fix
 
traffic said:
OK,

So we have a new dedicated Crypto forum https://www.bigfooty.com/forum/forums/crypto-currencies.509/ most of you probably haven't noticed. The mega thread has been moved there so for most of you life won't change.

Some of the suggestions by you guys as follows.

  • News/Articles
  • Shitcoins Only (someone already started this)
  • General Price Discussion
  • Charts / Technical Analysis (someone already started this)
  • Crypto related stocks/ETF
  • FAQ thread to cover off the basics in general
  • Epic scams and loss pr0n
  • Platforms and exchanges
  • Shitcoins for dummies thread which I am hoping bzparkes will do.
  • NFT's ?

However in the true spirit of crypto. You guys can do whatever the fu** you like with the new forum. As long as it follows the BF rules ;)

Cheers
Click to expand...

ok boss
 
traffic said:
OK,

So we have a new dedicated Crypto forum https://www.bigfooty.com/forum/forums/crypto-currencies.509/ most of you probably haven't noticed. The mega thread has been moved there so for most of you life won't change.

Some of the suggestions by you guys as follows.

  • News/Articles
  • Shitcoins Only (someone already started this)
  • General Price Discussion
  • Charts / Technical Analysis (someone already started this)
  • Crypto related stocks/ETF
  • FAQ thread to cover off the basics in general
  • Epic scams and loss pr0n
  • Platforms and exchanges
  • Shitcoins for dummies thread which I am hoping bzparkes will do.
  • NFT's ?

However in the true spirit of crypto. You guys can do whatever the fu** you like with the new forum. As long as it follows the BF rules ;)

Cheers
Click to expand...
Yeah I'll do something up over the weekend if I get the time. Otherwise early next week.
 

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BACCS said:
Wait, you have a life outside of crypto?!

Click to expand...

Ive found that the longer I'm in it, the less I pay attention to it as I'm comfortable with the positions I've taken. I'm more active when I'm looking for projects to invest in, or opportunities to buy dips, etc. Dont get me wrong, I constantly look at it, but now that I've managed to cut my emotions out of my trading I find it a hell of a lot easier to relax.

Absolutely not like this when I started though.
 
BACCS said:
Loaded up on more KDA with my bot at about the 18 dollar price, very comfortable that this will pump hard when the market turns
Click to expand...
What's the scpoe for KDA? Does it have the potential to do a Solana type run? It's rocketed up fast but at a good discount from a few days ago.
 
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bzparkes said:
Ive found that the longer I'm in it, the less I pay attention to it as I'm comfortable with the positions I've taken. I'm more active when I'm looking for projects to invest in, or opportunities to buy dips, etc. Dont get me wrong, I constantly look at it, but now that I've managed to cut my emotions out of my trading I find it a hell of a lot easier to relax.

Absolutely not like this when I started though.
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Oh absolutely, I'm similar now. I'm only experimenting with trading bots for a bit of fun and to see if this is something that could work for me. It is definitely much easier to just hodl and occasionally load up a bit more during decent dips. I've got my TradingView account setup well enough now with indicators that will help me time the top as best I can, haven't changed these indicators in over 3 months.
 

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BACCS said:
Can you explain the CRO-ETH compounding? Haven't seen this before. Also, how do you get this up and running? Do you need CRO?
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Ok I'll try quickly, assuming you're unsure how LP tokens work? So when you trade on a DEX, say you're swapping CRO for pegged ETH, it's the liquidity pool staked on the DEX by users that allows that trade to happen. I've bonded my CRO and ETH together in a CRO-ETH LP token to provide liquidity to a new DEX on the CRO blockchain. The DEX has its own coin (a shitcoin at this point) and it pays it out to liquidity providers as reward, which is where the yield comes from. The shitcoin (VVS) is also trading the crypto.com exchange.

Normally the yield is just paid as the shitcoin which you have to harvest manually and restake but I've staked thru autofarm which is a yield aggregator project, they pool the deposits of many users together to automatically recompound into more LP tokens. This pool is being recompounded 40,000 times a year by autfoarm LMAO.

afcro.png
 
I'm also providing liquidity for the shitcoin/CRO which is a much riskier play. Paying a lazy half a billion$ APY currently lmao.

afvvs.png

Could quite possibly get rekt on this one but since it's trading on the proper exchange itself I'm taking a punt on it. Very similar to how CAKE started on binance.
 
BACCS said:


CRO definitely a coin to load up on during the bear market alongside FTX.
Click to expand...


The same management group that run crypto.com, are the same clowns that ran Ensogo and were investigated for many counts of fraud.
Hopefully they don't burn up investors hard earned this time around.
 

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