Cryptos you are Holding?

[BackInTheGame78]

Bitcoin only. Everything else requires trust in a third party.

Don't trust, verify.

There's a Bitcoin maxi lurking around every corner that is going to miss out on most of the gains.

 

[wifehunter]

There's a Bitcoin maxi lurking around every corner that is going to miss out on most of the gains.

 

[DEEZEDBRAH]

Hey guys simple thread. Nothing to complex financially.

What cryptos are you guys Holding in your portfolio?

So far I have…

Cardano
XRP(that damn annoying law suit)
HBar(Hedera)
XLM(Stellar Lumens)
Vechain(VET)
CKB(Nervos Network)
BTT(Bit Torrent)
Celer Network
Fetch.AI

You forgot btc, eth, sol.

Edit: I think cardano is going to go off shortly.

 

[DEEZEDBRAH]

MANA is absolutely going full send right now...I had a huge stake in MANA back in May, sold out and it's probably headed to $5 or more now...way way ahead of it's time, appears other Metaverses and games are using the land you buy there in their games...

ENJ as well. Unsure what has staying power. These gems were highly unexpected. Was sourcing these plays well under 1 USD. I am curious if the meta fb change and the coming Matrix movie are a coincidence? Personally, I doubt it. Given how early stage VR and anything meta verse, this could be huge in the coming decade. SOL was the coin of the market cycle. Anybody who jumped on early knows wtf is up.

 

[DEEZEDBRAH]

Bitcoin only. Everything else requires trust in a third party.

Don't trust, verify.

Are you still accumulating? One of my mates bought a meme coin. Made an absurd amount of money before selling off and accumulating btc before it ran up. Similar to you, I see a lot of rubbish out there BUT this has me a lot more open minded. Off 1 play, he's accumulated more btc than most could dream of. Not to mention the fella with the billions from another meme coin.

This obviously can go real bad. More often than not, guys will get slob dropped and wrecked trying.

You own no eth? I expect it to out perform btc.

 

[jaygreenb]

Are you still accumulating? One of my mates bought a meme coin. Made an absurd amount of money before selling off and accumulating btc before it ran up. Similar to you, I see a lot of rubbish out there BUT this has me a lot more open minded. Off 1 play, he's accumulated more btc than most could dream of. Not to mention the fella with the billions from another meme coin.

This obviously can go real bad. More often than not, guys will get slob dropped and wrecked trying.

You own no eth? I expect it to out perform btc.

Here is what you need to be careful with regarding meme and small cap coins, they are illiquid and have low trading volume. If you have any considerable amount you will not be able to sell without driving the price down, the best way is to sell into a pump. Large holders can also collapse the price anytime they want to get out, sometimes referred to as a rug pull. You usually only have a small window to get out and when the market turns they can collapse really quickly. Most of retail is going to hold on too long because they are too emotionally tied to the outcome of this is going to be their big break.

 

[DEEZEDBRAH]

Here is what you need to be careful with regarding meme and small cap coins, they are illiquid and have low trading volume. If you have any considerable amount you will not be able to sell without driving the price down, the best way is to sell into a pump. Large holders can also collapse the price anytime they want to get out, sometimes referred to as a rug pull. You usually only have a small window to get out and when the market turns they can collapse really quickly. Most of retail is going to hold on too long because they are too emotionally tied to the outcome of this is going to be their big break.

Never got in. Won't buy a meme coin. Just unreal the amount of money people CAN make. I am not going full retard. Not a popular opinion but I think SOLS run up along with others is something similar with owners having something like 60% of the supply. It's definitely a legit project but more centralized. I am fascinated by defi. I don't mind throwing some money at meta plays or nft. Purely speculation and a gamble. The thing is that, I only need to hit big 1x. But meme plays aren't for me.

 

[jaygreenb]

Never got in. Won't buy a meme coin. Just unreal the amount of money people CAN make. I am not going full retard. Not a popular opinion but I think SOLS run up along with others is something similar with owners having something like 60% of the supply. It's definitely a legit project but more centralized. I am fascinated by defi. I don't mind throwing some money at meta plays or nft. Purely speculation and a gamble. The thing is that, I only need to hit big 1x. But meme plays aren't for me.

There is definitely a lot of upside playing in small caps and whatever is hot in the moment. The price action in a full on bull market mania covers up a lot of the issues/flaws like you stated. Something like SOL which is highly centralized we may not see the issues of that(and reflection in price) until later down the line. The reason why most new retail loses with those in the long run is they don't see them for what they actually are, so don't get out when they should. My advice to people is build out a solid base in Bitcoin and ETH, then if you want to speculate on everything else, have at it, just understand what they actually are and you can only do that is a relatively small window of time. In a downtrend/bear market majority of anything not legit gets completely crushed.

 

[DEEZEDBRAH]

There is definitely a lot of upside playing in small caps and whatever is hot in the moment. The price action in a full on bull market mania covers up a lot of the issues/flaws like you stated. Something like SOL which is highly centralized we may not see the issues of that(and reflection in price) until later down the line. The reason why most new retail loses with those in the long run is they don't see them for what they actually are, so don't get out when they should. My advice to people is build out a solid base in Bitcoin and ETH, then if you want to speculate on everything else, have at it, just understand what they actually are and you can only do that is a relatively small window of time. In a downtrend/bear market majority of anything not legit gets completely crushed.

Bullish on those two the past few years before the pandemic and gradually more so with morons money printing. I'm expecting eth to out perform btc. Potentially, even flip the market cap temporarily after btc goes parabolic. But what do I know lol. Still trying to learn more. Everything else is a gamble. Atm everything is being over valued. It's tricky to spot actual intrinsic value. I think DOT is going to run up soon. ADA too but very poorly under performing lately. Fortunately, I got it under 1 usd. Practically a ghost chain until it's not.

I think the ideal play is to ride up anything that blasts off, take profits, and accumulate more of the big caps that have the proven track record. Again, I am still learning. Unlike @BackInTheGame78 the technical aspects go over my head. I invest in what I know and see value in. I think early adopters were in tech and understood wtf is going on.

I first heard of btc late 2013. I thought it was a scam. Boy is my face red.

 

[jaygreenb]

Bullish on those two the past few years before the pandemic and gradually more so with morons money printing. I'm expecting eth to out perform btc. Potentially, even flip the market cap temporarily after btc goes parabolic. But what do I know lol. Still trying to learn more. Everything else is a gamble. Atm everything is being over valued. It's tricky to spot actual intrinsic value. I think DOT is going to run up soon. ADA too but very poorly under performing lately. Fortunately, I got it under 1 usd. Practically a ghost chain until it's not.

I think the ideal play is to ride up anything that blasts off, take profits, and accumulate more of the big caps that have the proven track record. Again, I am still learning. Unlike @BackInTheGame78 the technical aspects go over my head. I invest in what I know and see value in. I think early adopters were in tech and understood wtf is going on.

I first heard of btc late 2013. I thought it was a scam. Boy is my face red.

ETH does have more potential short term upside but also carries a lot more long term risk than Bitcoin. With bitcoin, there isn't really any competitors for the function it is going to serve. A secure, liquid, decentralized base currency/collateral/store of value asset to anchor this ecosystem. Eth, has tremendous potential to serve a lot of roles but is not close to being a finished product and has yet to be determined if it can perform those roles at scale. It also has a lot of competitors who are looking to overtake or steal a lot of its market share. (DOT, SOL, ADA and many others) Who ultimately wins that battle 5-10yrs out is anyone's bet. I look at Bitcoin and ALTs as two different buckets with a large differences in risk profiles. Similar to investing in tech in the 90's, long term there will most likely only be a few major winners. Bitcoin is the only one I would feel comfortable just leaving on a 10+yr time frame. I like to keep a large percentage there that I will not sell and in turn gives me room for more riskier, higher short term upside plays. I do value all my alts in bitcoin though and use it as my base currency. If I do not think I can outperform btc by 50%, it is not worth the added risk and tax implications of trading.

 

[DEEZEDBRAH]

ETH does have more potential short term upside but also carries a lot more long term risk than Bitcoin. With bitcoin, there isn't really any competitors for the function it is going to serve. A secure, liquid, decentralized base currency/collateral/store of value asset to anchor this ecosystem. Eth, has tremendous potential to serve a lot of roles but is not close to being a finished product and has yet to be determined if it can perform those roles at scale. It also has a lot of competitors who are looking to overtake or steal a lot of its market share. (DOT, SOL, ADA and many others) Who ultimately wins that battle 5-10yrs out is anyone's bet. I look at Bitcoin and ALTs as two different buckets with a large differences in risk profiles. Similar to investing in tech in the 90's, long term there will most likely only be a few major winners. Bitcoin is the only one I would feel comfortable just leaving on a 10+yr time frame. I like to keep a large percentage there that I will not sell and in turn gives me room for more riskier, higher short term upside plays. I do value all my alts in bitcoin though and use it as my base currency. If I do not think I can outperform btc by 50%, it is not worth the added risk and tax implications of trading.

100%. My mate that won on a meme did his homework. Found low cap and user case. Did the math. If he pulled out at ATH he wouldn't work ever again. Ideally, he should have acquired btc at 40k. Tbh I think it's the only thing that will definitely be here in 2030 with all the big money back. It's the only thing I wouldn't drop or sell regardless of the price which is tied to the dollar. I don't want fiat yet, a mini FU fund is a must. 99% don't have it and live on empty.

Curious, are you still accumulating btc?

 

[jaygreenb]

100%. My mate that won on a meme did his homework. Found low cap and user case. Did the math. If he pulled out at ATH he wouldn't work ever again. Ideally, he should have acquired btc at 40k. Tbh I think it's the only thing that will definitely be here in 2030 with all the big money back. It's the only thing I wouldn't drop or sell regardless of the price which is tied to the dollar. I don't want fiat yet, a mini FU fund is a must. 99% don't have it and live on empty.

Curious, are you still accumulating btc?

I dropped the last of what I am going to put in crypto last week, some of that was into bitcoin. I have been buying the past 4.5yrs though. I will not be putting any new money in until we get an extended downtrend, probably start DCA'ing at a 50% correction. Not sure we get the 85% pull back again so will start at 50% and keep buying if it continues down further. I could see the area we are in now potentially being the bottom of the next bear market, who knows though with everything going on in the world. Would be careful putting money in after the market makes another move up since I do think we are towards the end of the cycle and those higher levels potentially could be underwater for a while. Long term though I think everything will be much higher. If the market gets really hot and parabolic, I will be selling off the majority of my alt positions as the Total market cap approaches 8-10T.

 

[DEEZEDBRAH]

I dropped the last of what I am going to put in crypto last week, some of that was into bitcoin. I have been buying the past 4.5yrs though. I will not be putting any new money in until we get an extended downtrend, probably start DCA'ing at a 50% correction. Not sure we get the 85% pull back again so will start at 50% and keep buying if it continues down further. I could see the area we are in now potentially being the bottom of the next bear market, who knows though with everything going on in the world. Would be careful putting money in after the market makes another move up since I do think we are towards the end of the cycle and those higher levels potentially could be underwater for a while. Long term though I think everything will be much higher. If the market gets really hot and parabolic, I will be selling off the majority of my alt positions as the Total market cap approaches 8-10T.

Not sure if it goes that high. I was 100% sure btc hits 100k USD but uncertain now with whale games and manipulation. It goes off when least expected. Similarly I am OK liquidating all my although coins BUT I am going to let things ride. Selling off btc bag 8s foolish particularly if you can't get back in. Parabolic run and super high new low. Average retail investor is buying rubbish and getting divorce raped.

 

[jaygreenb]

Not sure if it goes that high. I was 100% sure btc hits 100k USD but uncertain now with whale games and manipulation. It goes off when least expected. Similarly I am OK liquidating all my although coins BUT I am going to let things ride. Selling off btc bag 8s foolish particularly if you can't get back in. Parabolic run and super high new low. Average retail investor is buying rubbish and getting divorce raped.

Yeah, short term it is always hard to say what happens and there are new dynamics involved this time around. On a larger time frame growth patterns are pretty predictable. Stock 2 flow and Metcalfes law models have been on point so far, New retail usually gets burned, I know I did, and consider it tuition. It was a good learning experience for this time around and thankfully had large percentages in BTC/ETH and a few alts that did really well. At some point I think majority of new buyers only in meme and scam tokens get wiped out

 

[BackInTheGame78]

Avalanche is the hot chain currently...I would look to anything coming out on that the next few months as high potential...

My $QI, $AVAX and $XAVA positions are killing it right now.

 

[SargeMaximus]

Alright got $1500 from profit taking today. Bitcoin gonna surge soon or what? Thinking of yoloing it on HUT or MARA or some such

 

[BackInTheGame78]

Alright got $1500 from profit taking today. Bitcoin gonna surge soon or what? Thinking of yoloing it on HUT or MARA or some such

Looking for a wick to around 57.5K

 

[SargeMaximus]

Looking for a wick to around 57.5K

Where do you chart bitcoin? I use stock charts but it’s delayed a day

 

[BackInTheGame78]

Where do you chart bitcoin? I use stock charts but it’s delayed a day

Trading view...it's phenomenal...

It does everything...stocks, commodities, gold, etc... All real time, and has endless options, TA tools, indicators, etc..

 

[DEEZEDBRAH]

Yeah, short term it is always hard to say what happens and there are new dynamics involved this time around. On a larger time frame growth patterns are pretty predictable. Stock 2 flow and Metcalfes law models have been on point so far, New retail usually gets burned, I know I did, and consider it tuition. It was a good learning experience for this time around and thankfully had large percentages in BTC/ETH and a few alts that did really well. At some point I think majority of new buyers only in meme and scam tokens get wiped out

I think we got in about the same time. Nobody was talking crypto. DCA back then or monster buys on dips be huge now. I had no clue how to proceed but I had a small network of knowledgeable fellas. It was helpful. I think you are right.

I honestly hodl mostly. Can unload alts as btc goes parabolic. My biggest concern is exiting a position in btc say, 100k usd and it goes parabolic. 250-500k usd. That loss of position you likely won't cover.

Not saying it's going there. Just example.

Following plan b and techdev among others . sticking to the script.