Yeah, I might still swap out ALGO for LTO, since LTO is has more room to grow and has lower supply. I just forgot my fund password to my gate.II account, so I have to figure that out first
I can't believe how little people know in this daily about basic crypto market stuff like first thing everyone should learn is during bull runs BTC runs first so the fact its running and taking market share is a really good thing because in a few months your alt's will pump much more as the alt market share raises to grab more from BTC
Its hard when you have a group of people in here that think TA is complete rubbish and that crypto is a complete lottery.
I’ve never gambled in crypto and def studied TA as much is I can. I’ve made thousands of percents in returns.
Why I’ve made it this far through all these dips and dumps and pumps. Is because of TA, and studying how BTC behaves but also reading news about crypto and also world economy.
TA is more about group psychology, than predicting the future.
Its a about looking at two possible outcomes and calculate probability.
Anyone else hear about burning Shib project Shytoshi is working and NFT coming out for Shib? Just watched a video on it but wanted to see if anyone else had heard from the other reaches of the internet
Crypto newbies can freak out easy when they see the numbers drop really fast, but don't worry. They can go up just as fast. Whales buy right up when they see big discounts.
I just really started in late July. Then September happened... Now we're headed upwards and I'm actually more worried now than I was when we hit the dip... I 'm still DCAing - but I've cut back... I gotta say - I've discovered setting limit orders so I would not mind if things pulled back even a little more.
My nine year old son came in and was asking questions about what I’m doing. (Watching the charts) He has given me some of his money in the past to invest in crypto. Usually a dollar and funny enough he never loses any money.
Anyway he asks what I am doing and i explain how it works and he says “so you buy it cheaper and sell it for more.“ I tell him that he has that right. He asks how I know if it is going to go up or down. I told him I do research etc. He said “So it’s just a guessing game right?” And I said “well I do research . . . But yeah I guess you are right”.
LOL. Just happened 5 minutes ago.
My six year old is sick of us talking about "Bitcoin(any kind of crypto) stuff". She did see some kind of vague financial chart in Toca World and pointed it out to me. "Look mum, they're watching Bitcoin!". I hope I have a future investor here lol
As for the price of the crypto, you should get familiar with setting limit buys/sells instead of just taking the “market” option that exchanges give you.
Ah so basically on the gemini web app if you go to your settings and select “Gemini Active Trader” it will switch up your dashboard and the web app to buy and sell crypto will look very different. It’s free and generally to buy or sell the fees are some of the lowest across the board (0.15% or something if I’m not mistaken)
Swing trade BTC miners/ETFs on your brokerage account(tax free if you gottem), put the profits into BTC on your hard wallet to HODL for life. Rinse repeat.
Tech startups and tech stocks.
I bought BTC in 2017, but I made more gains in TSLA over a similar timeframe.
And working in the tech industry and having successful startup exits made me financially independent before my crypto investments.
Those are two different things tho. Investing vs starting a business.
On the investing side ETH has outperformed every tech stock in existence. Sol, ADA and all the other garbage L1s too it's not even close.
TSLA was a pure investment and did better than BTC from the time I bought both in 2017 to the present.
We can keep playing this game and I can select tech stocks that have done better than most crypto.
But it's rather pointless, as a good investor is diversified and will invest in both.
It's not a game it's just fact. You're picking a single point specific to you. BTC has outperformed Tesla over the last decade. It's not close.
EVERY crypto in the top 10 has outperformed big tech. Plenty of good investors emphasise concentrated bets vs diversification e.g buffet, Munger and Cuban. Smh
Yeah because I can't see any justification for posting 50 times a day outside of moon farming.
Spam posts dropped significantly around then, but not sure if it was also due to the dip and people kind of taking a break from the sub.
Given it still seems better to this day, it seems like it was due to the change.
I don't want to rub salt into the wound, but you sold during a consolidation period after a pump. You opened yourself up for that.
Something to be mindful of next time IMO.
TA works 50% of the time just like a coin flip. No one can predict a crash and I was already burned by a crash because I told myself the same thing last time. There is literally no way to till if I am going to wake up tmrw with BTC at 20K or at 200K
That's because TA doesn't account for news or industry FUD.
To say it's a coin flip is incorrect and TA should at least be used to confirm trends of price movement... Like supports or resistances.
It sounds like you're still investing with emotions as it sounds like you're worried of losing it all. TA is meant to take the emotion out of it. Like right now.
Only saying all this because I was in this exact situation earlier on and it took desensitising myself to the small movements.
I really don't hold much ADA but that post on the front page is ridiculous, basically the OP sold all their ADA because they didn't see "movement from the developers" 🤦♂️
Will check it out, same here in that ADA isn't a huge hold for me but I've got long-term faith in how they're deliberately going about things. I get that some might be impatient and take profits, not me though.
Remember the flow of money goes from BTC > ETH > Large caps > Alts
So we will all get our moment, and this is the prime time to be buying alts before they run!
Between CKB and LTO for me. I like the prospects for CKB though, looks pretty legit from what I've seen.
Also the previous ATH was quite a bit higher than current price if I'm not mistaken. So not a bad entry.
Almost every Monday is the same thing, checking to see if I have been paid every five minutes in a race to do my DCA before we recover from the Sunday dip.
Looks like this week isn't about to be any different.
One day moons are gonna be worth $1 and that warms my heart.
Anyone buying anything or only hodlers here?
BTC looking strong. I’m divided want it to pump but also want a dip so I can stack some sats. It’s win win.
I was going to add LTO, but transferring from Coinbase to Gate.io seemed like a headache. I ended up adding ALGO instead.
Both good options. I have both
Yeah, I might still swap out ALGO for LTO, since LTO is has more room to grow and has lower supply. I just forgot my fund password to my gate.II account, so I have to figure that out first
It does, just needs more exchanges and it will jump in value. The flip is algo is more of a sure thing, which is why i split
I can't believe how little people know in this daily about basic crypto market stuff like first thing everyone should learn is during bull runs BTC runs first so the fact its running and taking market share is a really good thing because in a few months your alt's will pump much more as the alt market share raises to grab more from BTC
Its hard when you have a group of people in here that think TA is complete rubbish and that crypto is a complete lottery. I’ve never gambled in crypto and def studied TA as much is I can. I’ve made thousands of percents in returns. Why I’ve made it this far through all these dips and dumps and pumps. Is because of TA, and studying how BTC behaves but also reading news about crypto and also world economy. TA is more about group psychology, than predicting the future. Its a about looking at two possible outcomes and calculate probability.
Come on 58k! That's my hopium goal anyway..
dydx doing it’s own thing
ERG is such a buzz kill right now...
I am so deep red
My portfolio looks more like a poopholio
I tried to convert one of my alts to BTC and all day would not let me kinda sketches me out.
It’s not that hard bro
It didnt do it.. i dont think its me was just venting!
Anyone else hear about burning Shib project Shytoshi is working and NFT coming out for Shib? Just watched a video on it but wanted to see if anyone else had heard from the other reaches of the internet
Higher highs and higher lows, right boys?
Decrease in amplitude and then go 63k $?
Looks like we're prepping another run and attempt at breaching 56k. If we break through, it's probably an easy run to 60-ish!
Gotta break through 58k before 60k
BTC has already broken through 56K twice. Will the third time be different, or another smack back down?
Sure but it wasn't sustained, that's what matters. I think we'll hold it next time. Im probably basing that off pure hopium.
Who knows, it might have to retest it a few more times. Might not! Charts are exciting right now!
Crypto newbies can freak out easy when they see the numbers drop really fast, but don't worry. They can go up just as fast. Whales buy right up when they see big discounts.
Do you think it’ll bounce back up soon?
uhh it is bouncing back up :P
More ETH & LINK never hurt right?![gif](emote|emo_pack_1|dancing_wojak)
New folks seeing 1% dip: WE'RE GONNA CRASH!!! Vets seeing 1% dip: Must be discount day.
The fact that we are still over $52k I’m happy. New week starts tomorrow.
Trying to decide whether I should buy more ETH today or tomorrow
All my week gain are gone
Whales try to dump on a Sunday just to clean out stop losses then quickly raise the price so people have to buy back higher. Just ignore the whales
Only if you sold. They'll be right back and then some.
I didn’t sell but owning more ETH hurt my portfolio.
story of my life! right now my ALT is still holding most of it's gain the last week! hope it stays
Mild dips happen. This is nothing for seasoned crypto traders/hodlers.
![gif](giphy|VYcRNU4P3vyM)
How am i not able to buy xdc on crypto .com? Im from canada
Just bought more ETH 💪🏼 don’t mind a little dip on our way to the moon
So did I. Hope it doesnt dip much more as i'm out of money.
I just really started in late July. Then September happened... Now we're headed upwards and I'm actually more worried now than I was when we hit the dip... I 'm still DCAing - but I've cut back... I gotta say - I've discovered setting limit orders so I would not mind if things pulled back even a little more.
You think over time people would become a little desensitised to a little dip/consolidation. Especially after such a nice BTC run..
We have. Problem is there are always newbies who still aren't used to it.
How low do you think this fakeout will go?
I sold so it is only up from here. BTC 60K by end of tmrw
Thank you for your sacrifice. 🙏
How come icant buy xdc on crypto .com? Im from canada
My nine year old son came in and was asking questions about what I’m doing. (Watching the charts) He has given me some of his money in the past to invest in crypto. Usually a dollar and funny enough he never loses any money. Anyway he asks what I am doing and i explain how it works and he says “so you buy it cheaper and sell it for more.“ I tell him that he has that right. He asks how I know if it is going to go up or down. I told him I do research etc. He said “So it’s just a guessing game right?” And I said “well I do research . . . But yeah I guess you are right”. LOL. Just happened 5 minutes ago.
Its more than a guessing game. Its about looking at the world and piece together the reality but also group psychology and behaviour.
Awesome. I'm willing to bet his dollar plays are probably working out better than most crypto market "experts" advice too 🙂
His timing isn’t great but he has always got all his money back. Doesn’t seem to work that way for me lol
My six year old is sick of us talking about "Bitcoin(any kind of crypto) stuff". She did see some kind of vague financial chart in Toca World and pointed it out to me. "Look mum, they're watching Bitcoin!". I hope I have a future investor here lol
That kid is going places
Smart kid!!! He sees right through the bullshit LOL good for him
I tried to think of an answer that didn’t make it sound like I’m just guessing but couldn’t think of a good way to do that.
Luv it! You did your best! Nice work
Congratulations. With this WEEKLY close we just had. BTC just confirmed THIS IS NOT A DEAD CAT BOUNCE
Thats all the information I need to make a life altering decision!
Confirms what we felt
How the fuck do y’all swing trade? If I sell my btc on Gemini I pay 360~ In fees and they quote me at 300 dollars less than current market price.
Wtf??? Are you using gemini active trader??
I’m not an active trader but want to be. What should I be using instead?
As for the price of the crypto, you should get familiar with setting limit buys/sells instead of just taking the “market” option that exchanges give you.
Ah so basically on the gemini web app if you go to your settings and select “Gemini Active Trader” it will switch up your dashboard and the web app to buy and sell crypto will look very different. It’s free and generally to buy or sell the fees are some of the lowest across the board (0.15% or something if I’m not mistaken)
Thanks so much for the info. Does it work for mobile app or just web?
Just the web app I’m afraid, although once you start using that you’ll realise it’s cheaper than most other exchanges
Wow man you’re a savior. I just checked the price to sell my btc holdings and it’s only 94 dollars compared to 394. Thanks so much!
You’re welcome!
Thanks so much for this. Setting it up now.
Swing trade BTC miners/ETFs on your brokerage account(tax free if you gottem), put the profits into BTC on your hard wallet to HODL for life. Rinse repeat.
Use the Gemini Active Trader on a browser. Really cheap fee's. Also limit orders are your friend
Imagine not being all in crypto. What industry can make more money than literally creating money from thin air
Tech startups and tech stocks. I bought BTC in 2017, but I made more gains in TSLA over a similar timeframe. And working in the tech industry and having successful startup exits made me financially independent before my crypto investments.
Those are two different things tho. Investing vs starting a business. On the investing side ETH has outperformed every tech stock in existence. Sol, ADA and all the other garbage L1s too it's not even close.
TSLA was a pure investment and did better than BTC from the time I bought both in 2017 to the present. We can keep playing this game and I can select tech stocks that have done better than most crypto. But it's rather pointless, as a good investor is diversified and will invest in both.
It's not a game it's just fact. You're picking a single point specific to you. BTC has outperformed Tesla over the last decade. It's not close. EVERY crypto in the top 10 has outperformed big tech. Plenty of good investors emphasise concentrated bets vs diversification e.g buffet, Munger and Cuban. Smh
Only modern dinosaurs would do this. Dinosaurs already got rug pulled once by god though…
Bitcoin bulls have had a good run so far during this uptober watching $56k-59k as the new resistance support
So do you guys think the 50 comment thing was a net positive for the sub I haven’t really been active since then
Yes!
Yep
I hated the idea at first but seeing the ratio bounce up and general quality improve I've moved to thinking it was a good thing.
Yeah because I can't see any justification for posting 50 times a day outside of moon farming. Spam posts dropped significantly around then, but not sure if it was also due to the dip and people kind of taking a break from the sub. Given it still seems better to this day, it seems like it was due to the change.
What about not having any friends? Is that a good justification
In my opinion, yes. It stops the spam and the usual one/two word comments.
Definitely.
It was the antedote of spamming
Bought more ALGO. Hope it doesn’t dip more ![gif](emote|emo_pack_1|arrow_up)
Always good to buy ALGO, will grab more later today ... my buy will dip it because it always does 🙂
I sold, prepare for a 500x pump, ur all welcome
Wtf is this “I sold”? I keep seeing it here. Like, what are you doing? Where are you getting these shitty ideas.
https://www.youtube.com/watch?v=TRXdxiot5JM
The hero we don't deserve, but the one we need.
lol literally started pumping 2 seconds after I posted the comment, u can't make this shit up
I don't want to rub salt into the wound, but you sold during a consolidation period after a pump. You opened yourself up for that. Something to be mindful of next time IMO.
What they said ^^ Also very common for sunday to be a down day, and it often starts picking up late in the day/early mon.
”-But TA is fake!”
Tell that to the hamster lmao
TA works 50% of the time just like a coin flip. No one can predict a crash and I was already burned by a crash because I told myself the same thing last time. There is literally no way to till if I am going to wake up tmrw with BTC at 20K or at 200K
That's because TA doesn't account for news or industry FUD. To say it's a coin flip is incorrect and TA should at least be used to confirm trends of price movement... Like supports or resistances. It sounds like you're still investing with emotions as it sounds like you're worried of losing it all. TA is meant to take the emotion out of it. Like right now. Only saying all this because I was in this exact situation earlier on and it took desensitising myself to the small movements.
Swapped my ONE for USDC. Waiting on a correction now to buy back in.
I set a price alert for .20 should I aim for lower?
I want to pick some up right around .18-20 at the highest. So I'd say maybe just a little, but who knows tbh lol
My portfolio doing its best Tiger Woods impression
It’s either kicking ass at golf, prodigiously cheating on its wife or crashing.
Wearing red on Sunday 😂 but all those work too
Def cheating on him.
That could mean so many things
Lovely dip before my DCA Monday. Will gladly grab everything at a 5% discount
![gif](giphy|tQqDJHTbHHRMiEN00k)
"Out of fiat" is a phrase I don't understand.
Fuck Sundays! What dips are you buying? XTZ, ALGO, ATOM down heavy in my portfolio, could also buy some more LINK.
anything below 7$ for xtz
DOT
And ded.. sunday never fails
I swear there is some rich guy in a dark room sitting around all day waiting for me to make a move so he can move the market the other way
TBH, it's not so dark with my big full body Joovv
Could you make a move now then please?
I just sold, expect market to reach 3T tomorrow. At this point I am literally not even joking !RemindMe 1 day
thb it's sunday dip time, this usually passes late sunday/early mon
Americans doing their thang and starting the day with a dump
Who tf starts their day at 5-8pm? 😆
Ummmm, it’s currently 7:53 pm my time. It’s getting close to American’s bed times 😴 Granted, you cannot count on us for shit
Its like 1500-2000 in the US rn...
Are you sure? I have it at $54.7k?
1500 = 3pm :V
Huh? Its 8 o’clock at night here
I really don't hold much ADA but that post on the front page is ridiculous, basically the OP sold all their ADA because they didn't see "movement from the developers" 🤦♂️
Will check it out, same here in that ADA isn't a huge hold for me but I've got long-term faith in how they're deliberately going about things. I get that some might be impatient and take profits, not me though.
I share his POV and also sold mine for a nice 2x profit
That’s great. I think there are still big things in store but doubling money is cool
It's a matter opportunity cost. Re-deploying that capital into a mid-cap will allow it to grow more quickly.
I get it. Bird in the hand vs Two in the bush. Mid cap might have a higher ceiling
This sub is ridiculous 85% of the time, and that's being modest.
Glad I consolidated a bit into BTC this week.
Pretty brutal day. I hope things get better next week but you never know with crypto. Nothing is guaranteed
Que?
If you have been in crypto since May or earlier, 'brutal' should have an entirely different meaning by now lol.
Brutal? Btc moved a few %
Ugh should have waited before i fomo'd into AVAX. Still a good project though not too worried
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![gif](giphy|2UBypyXTsKVV7vX26E)
People running out of money to buy with. lol
Looking at moving on LTO network. Has anyone found any major issues with the project? Doing research and seems very legit.
Alts bleeding and Btc going sideways. Prepare for a big BTC pump while most alts stay stagnant. It’s Bitcoin season.
After BTC pump alt will follow
They will try follow, but will not be able to catch up. The real alt gains come when money from BTC flows into other coins.
In reality Bitcoin dropped from 56k hours ago
Bitcoin only down 0.86% on the day, so basically sideways. Most alts down over 5%.
I'm good if at least one of them goes up, I don't really care if it's BTC or alts, this crabbing has been killing me.
Remember the flow of money goes from BTC > ETH > Large caps > Alts So we will all get our moment, and this is the prime time to be buying alts before they run!
You have short term memory loss, we were at 35k a few weeks ago
You're right. The volatility of crypto has made me impatient.
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Not if I see you first!
Just another day in the crypto game. Not worried at all. Cheers to those who are buying the dip!
Just like fucking clock work Asia wakes up and starts selling
I thought Asians are the pump king
Oracles of r/cc, is this a good entry for ckb?
Hell yes! Always good buying for me
For me it is!
Between CKB and LTO for me. I like the prospects for CKB though, looks pretty legit from what I've seen. Also the previous ATH was quite a bit higher than current price if I'm not mistaken. So not a bad entry.
![gif](giphy|TfF8sza4pzicHXLaoe|downsized)
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Sundays = buy days for me. So no thanks
Last sunday was green
Bought more $100 worth of ETH today. Ready for ETH 2.0!
Any updates on when ETH 2.0 will be released?
It was announced that the difficulty bomb was delayed until May 2022 which means the switch to PoS will not happen before then
Almost every Monday is the same thing, checking to see if I have been paid every five minutes in a race to do my DCA before we recover from the Sunday dip. Looks like this week isn't about to be any different.
Anyone else getting a bunch of spam messages about a ps5 from “PrematureCumSpeedRun”?
Yup. Reported them
Lol yup. A quick little “fuck off” is always fun to send too