CRYPTO

This thread really took off....

Been on a short vacation but back 

Took some profits and bought a bag of :

Landwolf on SOLANA¡­ .015

Market Cap - 180 million

I wish I would have got in earlier to this but wanted to wait to see if it would take off and IT DID.. still a good opportunity to make money ..

Keep your eye on it !!!

Last two days/nights have been brutal.

@ZiggyDawg

Yes, brutal.  But they are also huge buying opportunities.  I honestly see BTC as being in the $125-150k range in the next 8-12 months.  From there, a retest of current levels is likely, which will present another great buying opportunity.

T

Buying opportunities is all this is.  

My best advice is to save up and get in the dips.  It will pay off so much.  You can¡¯t lose money unless you sell.  Remember that !!!  

Im buying :

TURBO dips

PONKE dips

PEPE dips 

MAGA dips

WOLF dips

CAW ( crow w knife ) dips

BRETT ( both base and eth ) dips 

plus some of the up and comers I¡¯ve talked about previousl

As soon as BTC dominance goes down then alt/meme coin will skyrocket.. when you look back in 4th quarter this year , you will be kicking yourself in azzzzzz

Add something to the above:

nothing wrong selling at good DCA levels.  It¡¯s all about profit at end of day. But if your down 30-60% then you don¡¯t want to do that .. if you are in the ¡°right¡± projects , you have ZERO to worry about.  

I woke up 2 days straight to losses that would equal a new car , very very nice one EACH day but that¡¯s part of the game.  Crypto is up and down but your money is still there unless you sell.  

STAY away from crap projects !!!   Stay far away !!!do your research.  Check twitter , check discord and check telegram.  Make sure there is activity and good narratives.  You will be just fine ..know how to move money around.. when you sell something ( at a profit ) don¡¯t throw money straight into another project , find what you want and look at chart   What goes up must come down , wait for dip .. then enter !!! 

Ive seen this many many times.  I got into it heavy 2-3 years ago but have dibbled before then.  Same song and dance ..  

PONKE has surprised me !!!

Able to shrug off the downturn.  Its had some ¡°healthy¡± corrections but held strong. I added to the bag yesterday when it dipped to .34-.35 range

Up to .40 on a ¡°slow day¡±.  

I can see this one rising up and then correcting again with a dip. Going to scoop up another bag when that happens then hold for the future.  

I¡¯ve accumulated quite a few over the last couple days ¡­

Now I¡¯m going to sit back and save the earnings on profit sales in usdt and wait for certain spots.  Follow certain projects and if they dip I can get a higher position..I have a good portfolio spread out where the big dips are not liquidating me in the dips.

Im going to chill out on BTC and ETH buying.  Save what I have in there ..not cash out

The way the market is looking the only ¡°major¡± coin I¡¯m going to accumulate is

Solona 

IMO it will have a higher percentage of growth leading into Q4 and Q1of25

Again just my personal opinion.  Not a financial advisor !!!

Another thing :

Be careful with the coin shills on YouTube .. the ones that pump coins and say they are going to ¡°millions¡± and ¡°billions¡±¡­ 99% of them are full of sh@t.. I was bored today so was on YouTube and clicked on a few .. it was actually comical!! 

They are PAID by the coin they are pumping ¡­ so that¡¯s a paid message 

they are no different than sports touts.. don¡¯t get me wrong , some are ok but most are idiots!!!

Biggest one I saw is saying SHIBA going to a penny .. I got news. That will NEVER happen in our lifetime unless they burn all the supply and nobody will pony up that money to do so..there are trillions and trillions..  I actually got a good laugh off it though 

The lies they come up with are just so outlandish .. I mean they are not toal lies but what they say is like a 1% chance.  

anyhow moral to this , be aware of what you¡¯re watching.. if someone is pumping a coin it¡¯s a paid advertisement.  What you want to watch is the ¡°community¡±.. and charts to see who and what is buying and selling.. that¡¯s what can make a coin skyrocket or dump FYI

Good little rally going on today .. nothing major but ok

The ¡°Chinese Pepe¡±. PeiPei is one of the strongest right not¡­. It¡¯s up 50-60%.. IF it does the path of Pepe then this has a lot of growth potential. 

@130mc right now 

I didnt want to keep replying in the other members thread so I can answer stuff in yours on the crypto topic.

Ive never entered the speculative market on crypto, there was a thread here I think in the investments section from years ago that some members were big on the minors or even the deep speculative segment and some were trying to convince me to buy some of them. I didnt and most of them got wrecked and most didnt rebound. So names like XRP ADA etc I never bit on anything except the lone BTC trade. Ive done the penny stock game years and years ago and it felt like that and maybe because I got sucked into the biotech scene around that time and got mauled over the next few years I decided that no way would I enter the crypto space outside of BTC or miners.

So Ive been trading MARA for a few years and got lucky to get started on the drop it had from 70 down to 5 range, been range trading it since, writing some CCs regularly and just trying to go that route. I also owned RIOT once, CLSK once but mostly its MARA only now and then as you saw the other day I got some IBIT. I might swap into a higher balance of IBIT vs MARA but have not done that yet. 

What a crazy surprise to go into Coinbase and find you had a slice of BTC left, that good luck never happens to me...I bet you were shocked and quite happy, maybe miffed you didnt put more in at those lower prices back then. 

I dont trust the schemes in crypto, even BTC is a scheme to a degree, I follow some industry sites and read what people say and then I discount it completely the nonsense about FIAT being debased and thus crypto is worth more, that is an argument used in the past for gold and silver and it just does not really hold value to me. Crypto has many inherent flaws that cannot be easily overcome and the biggest issue is access and circulation..crypto will never reach the level of circulation and use and utility that FIAT has let alone be able to have less volatility. Crypto swings are way too violent for wide acceptance, the learning curve access is too complex and fee structure is too high for a large scale acceptance that most crypto zealots use as a base case for BTC to replace FIAT. I dont see that happening with the current constraints.

@wallstreetcappers

 I hear u man. There are some challenges that they have to overcome ¡­ my personal opinion is the ¡°meme¡± coin market has done the most damage to crypto.  Don¡¯t get me wrong , I love them because they make me money hand over fist ( not always but overall average ) BUT they are not long term commitments .. some are but 95% of them have a zero value at end of expiration .. you have to KNOW to get in and out , that can be days , months or years.. depending on narrative ¡­

BUT I do think there will be a way ¡°eventually¡± that they can stabilize the market to where it can be a leading financial option..more and more people are coming to crypto. There is no stopping that.. the returns are too high .. now I¡¯m fully aware there is a winner and loser in the whole cycle of crypto. But IMO it¡¯s the same with stocks .. not as volatile but same theory..

On the whole Coinbase subject , yes it was pure luck.. what I think happened was I bought 1 full coin (@1K ish ) and the tournament may of cost $750.  I just never transferred the rest out .. it stayed there  and I honestly forgot about it.. I must have won money from that tournament in order to draw my attention away from that because $250 ( to me ) is not chump change BUT it was a few year difference so it was hard to pinpoint .. needless to say , I didn¡¯t argue

Market moving up again..

 honestly think we are going in the right direction now.. we will have a few more downturns and then I think the blast off will begin!!! Again I¡¯m not a financial advisor but smart money says to buy any more dips in the coming month and you will be sitting VERY NICE !!!  Through this thread , I gave out some ¡°take a looks¡± , well continue looking 

Just make sure you don¡¯t get caught in the CRAP that is out there.  Check market caps and history.  That tells the whole story. I wish I could tell you exactly what to buy but I¡¯m not trained to do that .. the writing is on the wall though¡­nobody knows 100% by any means but you can get good reads off popularity and history.. I do think a lot of the big names that went high in the last bull cycle will not do as good ( still will do decent, I own a few )  as the ¡°good¡± narrative coins that will take off in this one.  IMO

FYI 

PEPE

still has a 10% downside for the month.  The market is closing the gap quick though .. we were down 30-50% at one point but those dips got eaten up.  Still some good value until the next small dip 

Probably 4 years ago I kinda looked around a little but its just too dicey even for me, I just didnt get into the risk coin stuff it all looks like full risk and little security so probably for the better I didnt even tempt myself and look.

Markets did not like the CPI today, that impact is on risk assets so that means BTC. I see it dropped almost 2k from the highs earlier on the MtGox and Germany selling the seized BTC stash excuse. I dont know I lean more towards the BTC fall about there being easy ETF and futures manipulation..now firms can flip futures contracts and short very very liquid ETFs to manipulate BTC and not even have to own or short crypto at all.

@wallstreetcappers

 Yeah BTC and a bunch of others are moving down .. it¡¯s part of it.  The majority of what I have are good..  so I¡¯m a little over even for day from 5% up ..  BTC and ETH are more of a savings account for me .. I actually ¡°hide¡± them on my wallets .. because I know at end of cycle what it will be.  YES they impact the market but I¡¯m diverse through really good projects¡­ I have 3 parts to my portfolio :

start ups -  I pretty much stay down on those as a overall .. those are 5%-10% of my portfolio .. those are my long term lottery tickets if they come in.  

my main lineup -  I don¡¯t want to say exactly what they are so I¡¯m not ¡°influencing¡± people to buy them .. but it¡¯s not rocket science to figure them out.. the month or two overall hasn¡¯t been great but up enormously yrs and Q3-4 of 23..  plus they will be at ATHs again in near future.  If not , I know what to do to get out with huge gains ..

BTC/ETH-  already mentioned that ..  just a savings with long term interest IMO

SOL/BNB/AVAX etc-   Are in the same category as BTC and ETH in a way .. not as heavy for a savings account but they are chain/net/alt that fall into that category ..

So BTC may be down and overall may be teetering but as a whole , I¡¯m fine and most strategic people are doing well.. obviously there are ¡°days¡± when it¡¯s not but the bigger pic is great ..

Im sure with BTC moving down trend , we may head into weekend down on it but I hope it does..  can buy more before these kind of prices cease to exist for another year or so ¡­BUT I still firmly believe that we are heading in right direction ..GOX is my only concern but even at that it will be brief and create better opportunities to buy IMO ¡­ 

as funny as it sounds , I would take a 50% cut in port right now for huge buying opportunities..because it comes back with a thunder

Some small profits are turning today¡­

BTC is itching back to the 60k level.  That will be the key point IMO.. if it can fight to stay over that then next week will start off good..just for greed , I would like another good buying opportunity but who knows ¡­

FYI

The ¡°Matt Furie¡± characters are the big winners lately..

that¡¯s your :

Brett

Pepe

Floppy

Flappy

Wolf

MATT

Wat

Keep your eyes on them if you are into memes..  I have a few of those for sure .. I wouldn¡¯t suggest just blindly getting into stuff but do your research..Make SURE you copy the correct contracts .. tons of fakes.. check the MCs and verify contract numbers .. charts tell the story 

Again I¡¯m not a financial guru.. so do your research.. I would post some links but we can¡¯t post outside stuff..

I added more IBIT on friday, I saw that the Germany selling was getting done and that takes pressure off BTC and might be a reason it can move higher. I sold some CCs on a miner for a one day expiry on Friday and it moved well past my strike so now I will have to re-buy the shares again and hope I get the opportunity.

Look at the BTC chart, that 3-4x top at 73k is going to be a big deal to get through, these ETFs (like IBIT) has given institutions the ability to short BTC with little cost and easy execution..I think that alone has been why BTC has not moved to new highs.

@wallstreetcappers

Getting a little steam going ¡­

I still see us dipping some more so pick and choose those buying opportunities.  I would not buy right now while it¡¯s going  up ¡­ if anything , take a little profit .. then buy back in when it dips for good DCA

The ideal spot is read the chart and figure out where the bottom is..  try to get it as close to where you think it bottoms at .. 

Take profits if you are in !!!

These are the days you do this for..

So what are you taking profits on? The one I am in I am waiting for a retest of the highs, this move is ok but looking for more than 10% or so that it is up since I bought in.