Crypto trading

Status
Not open for further replies.

BackInTheGame78

Moderator
Joined
Sep 10, 2014
Messages
15,091
Reaction score
16,402
Can someone explain to me why crypto peeps are saying that crypto is good because it’s decentralized and governments can’t control it but then they cvm in their pants whenever a government adopts it? Like seriously
The two things have not much to do with each other
 

If you currently have too many women chasing you, calling you, harassing you, knocking on your door at 2 o'clock in the morning... then I have the simple solution for you.

Just read my free ebook 22 Rules for Massive Success With Women and do the opposite of what I recommend.

This will quickly drive all women away from you.

And you will be able to relax and to live your life in peace and quiet.

jaygreenb

Master Don Juan
Joined
Jul 24, 2012
Messages
1,155
Reaction score
583
Can someone explain to me why crypto peeps are saying that crypto is good because it’s decentralized and governments can’t control it but then they cvm in their pants whenever a government adopts it? Like seriously
Several reasons, one is it is no longer taxed on each transaction if spent, currently if you used it in the US it would be a taxable event, in El Salvador it is not. It also means they while hold it on their balance sheet and there will be massive capital inflows. Gives it legitimacy as well.
 

BackInTheGame78

Moderator
Joined
Sep 10, 2014
Messages
15,091
Reaction score
16,402
Alts are pumping...losing track of the alts that have gone 2,3,4x for me in the last week...this sh!t is crazy...

Plus my IDOs have all done exceptionally well...
 

BackInTheGame78

Moderator
Joined
Sep 10, 2014
Messages
15,091
Reaction score
16,402
I’ll take my 230% gains in a month in coal instead thanks
You timed a double bottom pattern that was 5 years in the making perfectly. Well played. What's the plan now? Wait another 5 years while it meanders around?

The difference is those happen in crypto every few months, sometimes multiple times a month.
 

Attachments

SargeMaximus

Master Don Juan
Joined
Dec 14, 2020
Messages
3,902
Reaction score
1,963
Age
37
You timed a double bottom pattern that was 5 years in the making perfectly. Well played. What's the plan now? Wait another 5 years while it meanders around?

The difference is those happen in crypto every few months, sometimes multiple times a month.
Don’t worry about me :)
 

jaygreenb

Master Don Juan
Joined
Jul 24, 2012
Messages
1,155
Reaction score
583
The problem for people like me is I’ll never get in any of these coins before they moon. And I dont buy after things moon
If you are buying the bigger projects which are lower risk during a bull market you have to have a longer time frame. You aren't going to get the exponential gains for around 4 years. I would not try to time it, it doesn't behave like other assets. Just keep a long term time frame. Buying eth/btc now, very well could get another 3-5x in the next 6 months, but you will most likely lose a chunk of that when it corrects back to the trendline. You will however have your position to catch the entire next move up. Personally wouldn't try and chase the 100x small caps until you have your btc/eth positions. There will be a million other small caps to chase in the future but build a solid base first.
 

BackInTheGame78

Moderator
Joined
Sep 10, 2014
Messages
15,091
Reaction score
16,402
If you are buying the bigger projects which are lower risk during a bull market you have to have a longer time frame. You aren't going to get the exponential gains for around 4 years. I would not try to time it, it doesn't behave like other assets. Just keep a long term time frame. Buying eth/btc now, very well could get another 3-5x in the next 6 months, but you will most likely lose a chunk of that when it corrects back to the trendline. You will however have your position to catch the entire next move up. Personally wouldn't try and chase the 100x small caps until you have your btc/eth positions. There will be a million other small caps to chase in the future but build a solid base first.
I'm killing it with quality IDOs from good launchpads right now like AvaLaunch and BSCStation...

Basically I have my token allocations in those(which I keep increasing) get my initial IDO allocations, once it releases, wait for the initial pump and then drop, then buy in big at the bottom and within a month have it go 2-5x from the bottom and sell half, then keep the rest to stake and hold.

Price from IDO is like 5-50x+

Has made me at least 30K the past month alone.
 

jaygreenb

Master Don Juan
Joined
Jul 24, 2012
Messages
1,155
Reaction score
583
I'm killing it with quality IDOs from good launchpads right now like AvaLaunch and BSCStation...

Basically I have my token allocations in those(which I keep increasing) get my initial IDO allocations, once it releases, wait for the initial pump and then drop, then buy in big at the bottom and within a month have it go 2-5x from the bottom and sell half, then keep the rest to stake and hold.

Price from IDO is like 5-50x+

Has made me at least 30K the past month alone.
Nice work. Most new people in the market though end up chasing coins when they pump, that's initially what gets their attention then they wind up underwater went it corrects back. Just make sure you take profits on the small cap ones at some point, liquidity is an issue for getting out when people run for the exits on a large overall market correction. People are going to make a LOT of money over the next few months, just make sure you keep some of it.
 

If you currently have too many women chasing you, calling you, harassing you, knocking on your door at 2 o'clock in the morning... then I have the simple solution for you.

Just read my free ebook 22 Rules for Massive Success With Women and do the opposite of what I recommend.

This will quickly drive all women away from you.

And you will be able to relax and to live your life in peace and quiet.

Status
Not open for further replies.
Top