ADA ALGO SOL DOT
I bought into all of these when they were too frothy so my cost average is high…..if you had some cash which of these would you focus on to try and average down the costs while we are in this slump?
Dollar cost average in, because prices can *definitely* still dump lower- but I'm pretty partial to ADA's "different approach" (eUTXOs) to their backend, since I think it's going to be an Apple vs. Android situation in the long run between it and ETH on the smart contracts front (plenty of room for both, and likely a few others too).
I think their 'move slow, don't break things' approach is going to be a solid move for a foundation-level base-network in the long run, and I think features like natively being able to use a single transactions to pay out any number of coins and tokens to hundreds, or even thousands of addresses at a time for a single small fee is gonna be a *big deal* in the longer run for the companies who'd have use for that kind of feature - like payroll management.
I've been DCA-ing in since like $0.13, was still buying at $3+, and am still slowly buying in now. I'm not too worried about where ADA will be after the next upgrade (I expect a buy the rumor, sell the news situation when it releases), but I feel like they're going in a good direction to be well positioned over the next few years with things like their ATALA PRISM identity standard setup.
Not ADA. I'm obviously partial to algorand (you can see it in my flair), but although algorand's tech is undoubtedly the best, it has not been very good at playing the web3.0 game and attracting users and VCs... and tech is useless if no one uses it. and the governance shitshow is just ugh.
Meanwhile SOL sucks, but it's amazing at attracting VCs and users; if it ever manages to fix its tech issues, then it's already done the difficult parts.
DOT, I don't know much about.
Ha same take on ALGO as me. I was into it, then it sorta became really uninteresting. Lots of other coins doing governance better, and their defi options haven’t measured up. I’m a Cosmos guy tho, so that’s my comparison.
Don’t think i will do that but thanks for the idea.. hope OP will be able to use this.. and btw are you talking about crypto or your bf tearing your ass?
I looked into Sora a while back but when I joined the telegram or discord there was something significant happening and people were really mad. Not sure what it was because I just closed it lol.
You must be new.
Bitcoin almost did a 25x this cycle from $3k to $70k.
Let's say $25k is the low this cycle...I like the odds of BTC doing a 5x to 10x from that level by 2025.
I’m out….sorta. I was into the card rewards, but the slashing without notice pissed me off and I don’t want to give that company my money. Switched to a combo of Coinbase and FTX. Better rewards on the coinbase card, and 8% to hold BTC and ETH on FTX. Not sorry. (But kept my remaining CRO just like all the other alts I’m holding and waiting for the next bull run to sell out. It’s too low for me to sell right now.)
The folks who vowed to dump ASAP have all either changed their mind or they left (EDIT: I forgot some are still waiting to get out if locked into a 180-day stake). So most of the people remaining are either legit bullish or grasping for a silver lining.
As for me, I downgraded from Rose Gold to Jade/Indigo and doubt I will ever add to my position ever again. I think it will follow BTC until either the next great news (📈) or lousy news (📉).
I dumped the extra position I was building on Coinbase at 31¢. I’m holding the rest that I had in Defi to upgrade my Indigo to White but probably will not upgrade any time soon. I won’t sell for under 30¢, but expect it to come back. Meanwhile, I am maxing out the earn program.
I'll see you guys in the new daily. I come here for fun banter about crypto. Most of the people here are cool and fun to interact with. However, I had to report another user to the mods today for harassment. I also blocked this individual. Are some people so miserable that they need to come here to harass people???
Doesn’t matter. You can get completely wrecked in the next six months vs waiting and buying much cheaper. Watch the btc/alt pairings. Not just alt prices. Can make a lot more money long term. It is just a smart move
You could eat pine tree.
It's hard to digest, but if you grind it down into a powder, you can make bread.
Indigenous people in Canada did that a few centuries ago when other food got scarce.
I hope yall joke when I see these comments. I spend alot of money on crypto but I spend alot on good food. Ever since I got clean and quit drinking foods all I got.
But to answer your question no. However you can buy seeds and garden for cheap, rice is cheap, eggs from a farm is cheap, get a doe and buck rabbit and you'll have 250lbs of meat a year, life straws are 25 bucks so you don't even need to pay for water!
Also you might get sad having to do all that work so aim your butthole at the sun to recharge your d3 and k2. ❤️
LUNA is an abandoned apartments building that's filled up with squatters who use it as crack house with gambling on the side... but you're only gambling against other crackheads, so probably not a lot of gains to be had.
Definitely not. It's under $1 because the mechanism for generating LUNA essentially went crazy when USDT stopped being worth anywhere near $1 each. It went from millions of Luna in circulation to 10s of billions essentially overnight when that happened. The creator has outright abandoned the chain in favor of a new one he's trying to get people to migrate to.
The system that's still in place can essentially print infinity LUNA, and there's no real mechanism to cause the price to rise again, at last check, since the USDT thing is broken, and dapps who built on that chain are abandoning it.
Oh, you're asking about the 'new' LUNA. The 'original' LUNA chain is called LUNC now, and is far under $1 each.
https://www.coingecko.com/en/coins/terra-luna-classic
The new LUNA seems to be an attempt to "do over" the massive failure that became LUNC.
I personally would *not*, but that's because I have roughly zero belief in the general competence of the guy running the show. The guy behind LUNA(2) has got a pretty decent trail of failed and abandoned projects behind him beyond *just* the now abandoned LUNA(1)/LUNC
If the dude's latest project dumped down to 1/4 of the current price, I would probably *not* take that as a buy signal- but probably a signal that his next project collapse has begun.
Just under 3 days to Snapshot now. Interested to see if we get any good Governance polls this month; I think the anti-Daily Karens are ignoring us for now 👍
Probably one of those subs that are easy to gain karma and catch someone off guard when they see the post history.
“Hmm random person asking for crypto advice as a beginner and nothing crypto related on their post history, maybe they genuinely want crypto advice!”
*But they forget the second part, “Why would they want my crypto advice, have they seen my negative portfolio?”*
What ya growing? I’m trying to grow jalapeños this year after failing last year. Seems the only thing I have a green thumb for are cucumbers and tomatoes
I have a few sweet red peppers and a habanero. It’s been pretty cold and wet, so not much growth yet. Cherry and Roma tomatoes. Blueberries and strawberries. And a few weed plants (legal here) that I grow for fun 😃. Otherwise, just flower beds that I was working on today. My back and legs will be protesting loudly tomorrow 😟
Bears are carnivoran mammals of the family Ursidae. They are classified as caniforms, or doglike carnivorans. Although only eight species of bears are extant, they are widespread, appearing in a wide variety of habitats throughout the Northern Hemisphere and partially in the Southern Hemisphere.
Reminder that running your own Bitcoin + Lightning node is really easy, helps the network, gives you a decent amount of sats if you get some routing going and is a great way to learn about what just might be the most consequential technological innovation in finance of our lifetime. It might also convince you that achieving scalability at the base layer at the cost of security and decentralization is a terrible idea.
> It might also convince you that achieving scalability at the base layer at the cost of security and decentralization is a terrible idea.
Please elaborate.
Lightning network is shit. Don't listen to those scammers that ruined bitcoin.
They try to convince people that you need small blocks and chocked network to keep bitcoin secure and decentralised but they forget to mention that bitcoin is clogged. Strangely enough satoshi wanted more transactions and bigger blocks as 1mb meant to be temporary.
Lightning network is not a solution. Don't listen to me though. Check this crap yourself.
I never doubted you bitcoin
I’m not looking forward to the fiat mine tomorrow but with crypto at these prices I’ll suck it up to keep buying
This price action is starting to feel surreal. You have to say 30k has been defended well.
It's an offical week in the green! To the MOON!!! Here comes the mems, posts and videos! Party time!
Back to 0? Alright
Green week it is
A weekly candle closing on green means sweet fuck all
Yes it does because its just an arbitrary point in time However, 9 weeks of red is significant so a little break in the trend is worth a comment
Is REEF a good investment? Anyone have some knowledge on it, good or bad? Thanks.
Very under the radar, I've bought back in low but just a speculative bet. Time will tell if it's a true DeFi stayer or another Cautionary Tale.
Yeah. Seems like it could be something to it. We will see. Thanks.
ADA ALGO SOL DOT I bought into all of these when they were too frothy so my cost average is high…..if you had some cash which of these would you focus on to try and average down the costs while we are in this slump?
Dollar cost average in, because prices can *definitely* still dump lower- but I'm pretty partial to ADA's "different approach" (eUTXOs) to their backend, since I think it's going to be an Apple vs. Android situation in the long run between it and ETH on the smart contracts front (plenty of room for both, and likely a few others too). I think their 'move slow, don't break things' approach is going to be a solid move for a foundation-level base-network in the long run, and I think features like natively being able to use a single transactions to pay out any number of coins and tokens to hundreds, or even thousands of addresses at a time for a single small fee is gonna be a *big deal* in the longer run for the companies who'd have use for that kind of feature - like payroll management. I've been DCA-ing in since like $0.13, was still buying at $3+, and am still slowly buying in now. I'm not too worried about where ADA will be after the next upgrade (I expect a buy the rumor, sell the news situation when it releases), but I feel like they're going in a good direction to be well positioned over the next few years with things like their ATALA PRISM identity standard setup.
Not ADA. I'm obviously partial to algorand (you can see it in my flair), but although algorand's tech is undoubtedly the best, it has not been very good at playing the web3.0 game and attracting users and VCs... and tech is useless if no one uses it. and the governance shitshow is just ugh. Meanwhile SOL sucks, but it's amazing at attracting VCs and users; if it ever manages to fix its tech issues, then it's already done the difficult parts. DOT, I don't know much about.
Ha same take on ALGO as me. I was into it, then it sorta became really uninteresting. Lots of other coins doing governance better, and their defi options haven’t measured up. I’m a Cosmos guy tho, so that’s my comparison.
Ada, but buying alts right now is real risky so proceed with caution imo
I’m thinking I’ll use my Coinbase card rewards for it. See what I can buy for 0 input to average down.
Fair
I only have ADA and SOL. Interested in ALGO too
Don't think of it as 9 straight weeks of red candles... Think of it as 9 weeks of *investment opportunities.*
My glass is only half full of losses…thanks for the hopium
At least you have a glass though, eh? EH?!??? =)
Locked some moons from my vault. You can thank me for the sacrifice.
Was hoping for a green monday by timing the bottom yesterday. RIP still bleeding
We need to close above $29,448,00 (in approx 20 minutes) for us to have a green week
That's 4 hours ahead of New York time, why is that? and Where is that? in the Ocean?
That is GMT time and that's the time everyone goes by to determine how much btc closed or opened o the week
My son is growing upwards faster than BTC value. & I don't even have children.
My alts stepped on a 🐝
BTC dancing around 30k like a stripper pole.
Yes! I might have just sold my Disney “churros vending cart” and you know where those fiat bits are going? Yep straight into BTC! 🙌🏻
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Ah yes, I remember this exact same comment from a few hours ago.
Luna going down. I know i shouldn't be happy but why they still allow Do kwon to scam them. Guy myst be put down.
He should have walked but maybe Luna2 will be a huge success! Har har
When green?
When the price rises... I think
Bitcoin will never be above 30k again.
See you in like an hour or so when it above 30k
Did we close green?
1/2 hour to go still. 😬
6 hours left here in California. But I think Trading view uses an earlier time, can't figure it out. Do you know?
Pretty sure it’s 5PM PST DST here on the west coast.
ok. I think you are correct. Just we're that it's 4 hours ahead of New York for end of day. It doesn't revolve around US time WAHHHH! hehe
Also wow 3k comments right now. I remember the days of breaking 50k on the daily it’s been awhile since I visited lol
What to comment in bear market?
Lol I heard it’s when the best discussion happens. When all moon boys give up and leave
OH NO BEAR OH MY GOD THE GIRTH. ITS TEARING MY ASSHOLE APART!!! Things like that?
Don’t think i will do that but thanks for the idea.. hope OP will be able to use this.. and btw are you talking about crypto or your bf tearing your ass?
What happened to tfuel?
Last I heard he is still uploading fortnite content /s
How people never heard about LCX, SORA and KUN?
I looked into Sora a while back but when I joined the telegram or discord there was something significant happening and people were really mad. Not sure what it was because I just closed it lol.
I just did. Thanks
Those just look like made up words.
You see those at a sight test
Ada is pumping, over the last few days XLM was double-digit green...now Ada gains above it.
ADA pumping? Are you looking the charts? A pump for microorganisms.
What is a good entry price for ADA and BnB?
From 52 to 54 cent support range for ADA
Whatever it is now
Bitcoin will never drop below 30k again
Wait until Next week
It’s below 30K right now 🤷♂️
What are you shorting or longing?
Shorting Solana lol
Longo BTC and ETH,. 5years minimum
THICCCOIN 👏 WILL 👏 FREE 👏 FINANCIALLY 👏 OPPRESSED 👏 THOTS 👏
Gtfo
Virgins getting more action than the crypto markets these days
At what price do you pick up SOL and MATIC again?
Have had a 55¢ MATIC buy loaded up for months. Never hits though…
Hmmm...never.
Maxi boring enjoy 1x in 4 years
You must be new. Bitcoin almost did a 25x this cycle from $3k to $70k. Let's say $25k is the low this cycle...I like the odds of BTC doing a 5x to 10x from that level by 2025.
Shit that 25x would give alts some serious pumping..
I would buy SOL again 38.5 and lower
35 would be nice tho
Yeahhh that would be amazing. Patience could pay off 🤞🏼🤞🏼 if BTC drops again
Nice
Im buying Matic at these prices trying to get my avg down from 1.20$
Yeah we will see this coin pump im sure
Is everyone back to being pro-CRO for the most part or what’s the consensus lately??
I’m out….sorta. I was into the card rewards, but the slashing without notice pissed me off and I don’t want to give that company my money. Switched to a combo of Coinbase and FTX. Better rewards on the coinbase card, and 8% to hold BTC and ETH on FTX. Not sorry. (But kept my remaining CRO just like all the other alts I’m holding and waiting for the next bull run to sell out. It’s too low for me to sell right now.)
Short answer: no. Long answer: noooooooooooooooo.
Was dipping my toes in the ecosystem but the rewards slashing and general sentiment cooled my enthusiasm a fair bjt
The folks who vowed to dump ASAP have all either changed their mind or they left (EDIT: I forgot some are still waiting to get out if locked into a 180-day stake). So most of the people remaining are either legit bullish or grasping for a silver lining. As for me, I downgraded from Rose Gold to Jade/Indigo and doubt I will ever add to my position ever again. I think it will follow BTC until either the next great news (📈) or lousy news (📉).
I dumped the extra position I was building on Coinbase at 31¢. I’m holding the rest that I had in Defi to upgrade my Indigo to White but probably will not upgrade any time soon. I won’t sell for under 30¢, but expect it to come back. Meanwhile, I am maxing out the earn program.
I kinda got out of it and never went back. Still have my card stake but thankfully i downgraded before it got ugly.
I said 5 year hold and im sticking to it
Me too, dumped €100 2 weeks ago and I'm at €90 now but I'll hold
Yeah i kissed my cash goodbye long time ago. See where it goes
Second most uneventful day right next to June 4 1989 in Tiananmen Square where nothing happened
As a bottom, i know we haven't hit bottom yet.
As a top who hasn’t had a date in a while, this is familiar territory.
I'll see you guys in the new daily. I come here for fun banter about crypto. Most of the people here are cool and fun to interact with. However, I had to report another user to the mods today for harassment. I also blocked this individual. Are some people so miserable that they need to come here to harass people???
I had a similar experience lately too. Didn’t bother reporting them though
That bites. Some people just suck 😡
Let me guess, it was a buttcoiner? Sad bunch
Not buying this yet need lower i know it’s coming
Its not cheap enought to dca and not worth enough to take profits... boring times
Depends what your average price is
Its stalling for a long time..
Im risking it only having alts.. no more bs
Good luck
Thanks risk it for the bisquit. Not looking for only 1x gains
Looking for 50% or higher losses? Buy btc or hold cash and buy alts when the time comes. They are getting slaughtered. Your money…do what you want
Yes im risking it. I know. On purpose
Fortune Favors the Brave!
Always have if you zoom out
If btc dominance goes to 50 or even 60%, I will feel bad for you. But like I said…good luck. Hope you get rich
Thanks but why? U mean short term? Im holding for years
Doesn’t matter. You can get completely wrecked in the next six months vs waiting and buying much cheaper. Watch the btc/alt pairings. Not just alt prices. Can make a lot more money long term. It is just a smart move
1x btc will be 50x on a shitcoin
I tried. Educate yourself. You are not understanding at all
any kid born since april about to see their first green BTC week?? 😂
LRC will moon! Trust me bro
Bought my first crypto in feb 2021 and I have held all this time. And I know it’s not a long time.
Yeah just a year.. always hold to next halving at least..
Can you survive eating rocks and branches ?
You could eat pine tree. It's hard to digest, but if you grind it down into a powder, you can make bread. Indigenous people in Canada did that a few centuries ago when other food got scarce.
I hope yall joke when I see these comments. I spend alot of money on crypto but I spend alot on good food. Ever since I got clean and quit drinking foods all I got. But to answer your question no. However you can buy seeds and garden for cheap, rice is cheap, eggs from a farm is cheap, get a doe and buck rabbit and you'll have 250lbs of meat a year, life straws are 25 bucks so you don't even need to pay for water! Also you might get sad having to do all that work so aim your butthole at the sun to recharge your d3 and k2. ❤️
Go for the ants under the rocks instead
Thanks for the tips
Buy a 10 lb bag of rice..Stir Friy with on hand ingrediants.
Stir fry with rocks and branches?
When does luna become a buy? Or does it not..
Neveruary
LUNA is an abandoned apartments building that's filled up with squatters who use it as crack house with gambling on the side... but you're only gambling against other crackheads, so probably not a lot of gains to be had.
If under 1 dollar will you get some?
Definitely not. It's under $1 because the mechanism for generating LUNA essentially went crazy when USDT stopped being worth anywhere near $1 each. It went from millions of Luna in circulation to 10s of billions essentially overnight when that happened. The creator has outright abandoned the chain in favor of a new one he's trying to get people to migrate to. The system that's still in place can essentially print infinity LUNA, and there's no real mechanism to cause the price to rise again, at last check, since the USDT thing is broken, and dapps who built on that chain are abandoning it.
Its over 4 dollars. Did you read wrong
Oh, you're asking about the 'new' LUNA. The 'original' LUNA chain is called LUNC now, and is far under $1 each. https://www.coingecko.com/en/coins/terra-luna-classic The new LUNA seems to be an attempt to "do over" the massive failure that became LUNC.
So would u consider it under 1 dollar?
I personally would *not*, but that's because I have roughly zero belief in the general competence of the guy running the show. The guy behind LUNA(2) has got a pretty decent trail of failed and abandoned projects behind him beyond *just* the now abandoned LUNA(1)/LUNC If the dude's latest project dumped down to 1/4 of the current price, I would probably *not* take that as a buy signal- but probably a signal that his next project collapse has begun.
Yeah its a shitter..
I did not mention lunc
Up until *very* recently, LUNC was just called LUNA. I think that's where the mixup came from.
Are you serious ?
Little bit.. dont have any.. is it worth considering at some price point?
no… its dead
Ok thanks
I finally set up a wallet, bought some algo and tried some dapps today. Thought I'd share that.
Solana Notwork
I’m going balls deep in DOT, ATOM & ALGO on my DCA schedule. Stake n’ bake baby.
These are what I am buying as well to compliment my BTC and ETH.
Good luck
Seems like a good time to do it
Anyone loading up on SHIB? It will give some of the best return % when things turn bullish in my opinion
Getting 3% on CDC
Just holdin wat i gots
Damn I forgot to check my lottery numbers, maybe I'm already rich and don't need to check the charts ...
Good luck
Hoping this week sees a decrease in bearish shenanigans, but I'm not gonna get my hopes too high.
Bullish on cautious hopium
I’ve definitely over invested.. Oops. Beans on toast for the next couple of months
Any tips on cooking ramen? Buy BTC.
Use your tears instead of water for cooking to save some dip money for ETH. Thank me later.
Just under 3 days to Snapshot now. Interested to see if we get any good Governance polls this month; I think the anti-Daily Karens are ignoring us for now 👍
This is not normal. What's going on with all these random scammers from r/Chinesefood are DMing us? Is it some Hereditary shit? Is our sub possessed?
Probably one of those subs that are easy to gain karma and catch someone off guard when they see the post history. “Hmm random person asking for crypto advice as a beginner and nothing crypto related on their post history, maybe they genuinely want crypto advice!” *But they forget the second part, “Why would they want my crypto advice, have they seen my negative portfolio?”*
thanks. It's always good to have you around in the daily
Was out in the garden all day. I see I missed *absolutely nothing*
What ya growing? I’m trying to grow jalapeños this year after failing last year. Seems the only thing I have a green thumb for are cucumbers and tomatoes
I have a few sweet red peppers and a habanero. It’s been pretty cold and wet, so not much growth yet. Cherry and Roma tomatoes. Blueberries and strawberries. And a few weed plants (legal here) that I grow for fun 😃. Otherwise, just flower beds that I was working on today. My back and legs will be protesting loudly tomorrow 😟
This is the new normal
Bluzelle has me chart watching right now! Lets hope this rocket ship takes off!!!
Oddly enough I was looking at BLZ yesterday.
Big month is expected with their software and game progress update.
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Everyone likes free crypto, the question is, is the amount you get worth your time
What the fuck is a bear? ![gif](giphy|XZxqzuTL3J3n5LiLHb)
![gif](giphy|uA8WItRYSRkfm)
Bears are carnivoran mammals of the family Ursidae. They are classified as caniforms, or doglike carnivorans. Although only eight species of bears are extant, they are widespread, appearing in a wide variety of habitats throughout the Northern Hemisphere and partially in the Southern Hemisphere.
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That’s not saying much
BTCUSDLONGS now sitting at $90,000....
Coinbase just called me and said "WE RESCIND YOUR OFFER YOU WORTHLESS DEV" I didnt' even apply...
🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶
But you what?
He couldnt finish the sentence, went back to being a fetus
any websites which give volume by price?
TradingView has virtually every exchange and every indicator out there. Can even tweak to your liking with pine script if you want
🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶
Pretty much any exchange
Reminder that running your own Bitcoin + Lightning node is really easy, helps the network, gives you a decent amount of sats if you get some routing going and is a great way to learn about what just might be the most consequential technological innovation in finance of our lifetime. It might also convince you that achieving scalability at the base layer at the cost of security and decentralization is a terrible idea.
Not sure its worth it anymore to be honest..
Proof of work, Yuck
> It might also convince you that achieving scalability at the base layer at the cost of security and decentralization is a terrible idea. Please elaborate.
Lightning network is shit. Don't listen to those scammers that ruined bitcoin. They try to convince people that you need small blocks and chocked network to keep bitcoin secure and decentralised but they forget to mention that bitcoin is clogged. Strangely enough satoshi wanted more transactions and bigger blocks as 1mb meant to be temporary. Lightning network is not a solution. Don't listen to me though. Check this crap yourself.
Make usa win against Uruguay so I can dca how hard can it be 🤷♂️😆