Yeah, they have been killing it, that's awesome. For the most part missed out on those except chiliz, bought around 2k worth at a .01 over a year ago. Don't really even remember why to be honest but up a ton.
Crypto trading
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BackInTheGame78
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Yeah that is going to really do well too...I was looking at it when it was like .20 but I never bought in...has partnerships with major sports like the English Premier League, etc...
Almost all of the IDOs coming out now are Metaverse, game, or NFT related and all of them are doing well for me...like 20-100x returns
What are some good Metaverse ones that haven't run too hard yet? I really haven't been following that side much but want to throw a few bets down, looking for high risk/upside
BackInTheGame78
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I really like BLOK long term...it's built and backed by Polygon(MATIC)...telegram group has almost 120K members in it...
I bought in about 400K tokens at .018-.02 and staking them for 60% APY for a year, it was down in the .07s as recently as last week... currently around .13, but it will go into the stratosphere once land sales start soon...
NFT pricing map – BLOKTOPIA
www.bloktopia.com
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Reyaj
Master Don Juan
I'm a little confused and need some advice. I've been gradually buying BTC and ETH so far I'm up but it sounds like there is a 2 year bear market coming. A lot of videos I watched said to sell up and then buy back when it's low.
Do we see a crash coming?
Do we see a crash coming?
BackInTheGame78
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It's nowhere near it right now and anyone who claims that there will be one at this point is basing it on the past and not anything it's showing currently. Some are expecting a lengthened cycle lasting well into next year or even a possible super cycle. On chain data is extremely bullish, whales are starting to accumulate heavily again and supply shock is getting ready to happen soon.
Even with a bear market, most analysis points to it bottoming out around 60K, which is higher than what the price is currently.
It depends how parabolic the market gets, if the entire market cap does a 3-5x from here really quickly like it has in the past I would expect a large and possibly extended correction. It could be shorter this time around or the market could take a slower measured growth pattern. I would feel comfortable with anything in now, but if the entire market makes a large move up I would be more cautious putting money in.
Reyaj
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It looks like this new covid variant brought it down a bit.. I bought in a little more.
@jaygreenb @BackInTheGame78 Do you see this as something to hold into Retirement.. like Mutual Funds or do you intend to cash out one day?
@jaygreenb @BackInTheGame78 Do you see this as something to hold into Retirement.. like Mutual Funds or do you intend to cash out one day?
BackInTheGame78
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It's estimated by some the value of a single Bitcoin within 5-10 years will be worth 1 million dollars. Even those who disagree put the value near 350-500K over that timeframe.
Don't let short term noise distract you from long term gains
My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
iTrustCapital | The #1 Crypto IRA Retirement Platform
iTrustCapital is the #1 Crypto IRA platform offering cryptocurrencies, gold and silver within your retirement accounts.
www.itrustcapital.com
BackInTheGame78
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Feel pretty confident about $DOT as well as they are building technology that allows all the Blockchains to "talk" to each other, basically interconnecting everything.My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
iTrustCapital | The #1 Crypto IRA Retirement Platform
iTrustCapital is the #1 Crypto IRA platform offering cryptocurrencies, gold and silver within your retirement accounts.
I like DOT too, have a decent sized bag of that and KSM. Certainly one of the better risk/reward bets in the short to medium term and long term has a good shot, my point was just new tech is harder to project out far into the future until it operates at scale and has mass adoption. The upside is if you do get it right long term, the returns will be ridiculous. Listened to a good interview last night on my drive home with Sam Bankman who touched on some of these topics
SargeMaximus
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Yesterday Bitcoin proved why it will be a great hedge against a market collapse
BackInTheGame78
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I'm more into alts and plenty of my alts are doing quite well. Going to be an absolutely epic alt season once BTC gets back on track.
Actually BTC is following almost the exact same pattern it did in 2017, but is about 5-7 days behind...deep correction in November before epic rally til the end of the year.
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Reyaj
Master Don Juan
My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
iTrustCapital | The #1 Crypto IRA Retirement Platform
iTrustCapital is the #1 Crypto IRA platform offering cryptocurrencies, gold and silver within your retirement accounts.
I'm wondering if I should be safe and cash out my ETH then reinvest that into BTC...
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BackInTheGame78
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I'm expecting ETH to outperform BTC
SargeMaximus
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Bought some bitcoin a few hours ago. I still think it’s a scam until I get my tendies
I own a lot of eth, def one of the safer plays
Everyone eventually bends the knee, welcome aboard
SargeMaximus
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I bought in back when it was 15k and rode it to 65k… I’m not new to it just cautious and don’t trust it
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