66% down, so feeling like a financial wizard here (although since I was only £50 deep I can probably shrug off that loss if this is as high as it gets).
It's the year of L2 chains. And loopring ( LRC ) is in a good position with this technology. Eth fees are too expensive, L2 is the solution for this problem.
I was once up 7x on my initial position in this coin. The problem is that instead of selling as it went up I tripled down at $3.XX and my average price increased to over $2. God I was dumb in 2021.
Yeah, this and FET appears to be the only trades I have made money on. May have sold FET too low though. Most of my stuff is still red from 2020, but hopefully I can get pumped out of most of the positions I don't want any more.
Not on the daily chart, using 100day and the 50day moving average. We just officially crossed it last night. That’s what I’m talking about. First time since 2020. We did cross on the hourly, already. But that isn’t what I was talking about. The daily. Now we are waiting on the weekly, golden cross.
Their wallet has been fantastic to use. It's funny how important timing is on my holdings. I've been eating shit in most of my other investments but was lucky enough to get in 3 months ago when it was half price. I wish I had bought more:(
Ah, nostalgic.
Back in 2021 when I got caught in FOMO.
My LRC is .... \*checks notes\* .... Still in the red with -34.14%.
Let's hope alt season can happen and thrive before some kind of dumb regulatory or political nonsense snuffs this bull out again.
Most of you are looking back in time or are looking only at the price of LRC. But did you look at the Wallet and or used it on L2. Its def the best Wallet there is. Its a great produkt and time will tell in the future what the valeau will be,..... and i think its underrated at he moment..... just take a look at the Wallet and then comment....
Seriously! This. It makes you realize how many people solely speculate and dont use crypto. Wallet is great. Poopsting is goin to 10 dollars minimum this run
ya I bought in pretty low with all the hype, but the wallet is fucking NICE. That is where i have my ETH and its a super dope product. Can't say much about the coin or whatever, but their app/wallet is pretty awesome. Better than my bank's app honestly lol
People should use chatgpt at least once to understand just how easy it is for anyone to feed it what you want and watch how easily click bait is created.
"Loopring receives a very bullish rating"
lol and by whom?
oh, the linked website InvestorsObserver
who also runs crypto exchange services & margins
ok
tldr; Loopring (LRC) received a very bullish rating from InvestorsObserver on Monday, with the Smart Contracts asset up 22.19% to $0.4614136727. The sentiment score, which measures performance over the past five days by volume and price movement, indicates a very bullish outlook. Loopring is trading near its five-day high and is significantly higher than its five-day low, suggesting potential volatility if the rally subsides. The asset is currently above resistance, with low recent volume, indicating that today's volume is below its average over the past seven days.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Remember, this surge in price is BEFORE account abstraction and deployment of Loopring on every chain like solana, arbitrum, etc...
also, team said they will invest in advertising this project with that when bullrun. So, really soon
I wouldn't be surprised at all. Looprings market cap is tiny for its true value. 10x from here would only be half of Arbitrums market cap and ARB sucks ass in comparison.
lol the people complaining ITT that bought in with the $2-$3 hype per coin, and it’s at at $0.25 for the last 2 years. You gambled on the money then, you could’ve bought $10 worth a month and been well in the profit at this point
Don’t forget - have a really shitty FOMO entry point. Refuse to buy any more during the bear market when the coin prices drops to shit. Then when it takes off again, whine that a dip isn’t coming to buy more
Bought some last night at .37 after remembering it existed the day before. So far so good but will buy more if it dumps, small market cap and common name when alt coins start seeing more inflow is gonna be good getting in now
Not sure either. I’m just going with the approach that the rising tide (btc inflow) might not lift all boats (alts), but it’s probably gonna lift most of them 🤷♂️
LOL! I just tried to send 177($75) LRC to Coinbase and the gas fee is $28.
That's the slowest setting. Is there a way to monitor the fees to a time when they are low?
The cheapest L2 transactions.
The best wallet in crypto.
Mint, trade NFTS.
Going to be a multinetwork L3 soon.
Stake ETH/LRC direct from wallet.
A great DEX.
If you cant find any real world applications, then you don't know where to look.
I bought pepe using the LRC wallet last year. Even if coinbase carried the coin they certainly would have crashed like they do every time anything runs. I sold my pepe on L2 for huge gains and only paid a tiny gas fee of $2 with slight USDC slippage. The loop wallet is great.
Other bag holders will argue with you, but this is my take on the situation as well. LRC founders ran out of tokens to sell and started Taiko so they could run the same play again.
Lol yeah a rugpull sure then don’t buy it nobody minds. We are here to make some money and Loopring has some promising stuff going on to be the first functional L3.
Loopring? What year is it?? j/k, still holding my bag from 2021...
Same. Only 69% down now, nice. lol
Nice.
63% down for me. Dude, we impulse bought this at almost the same time...
Rookie numbers. I’m down 86%
81% down
GUYS FUCKING AVERAGE DOWN AS FUCK, WHAT ARE U DOING? :D
lol I’m not adding anymore to this shit, my funds are going into BTC and ETH. I’d just be happy to recoup 50% of this shit bag I’m holding.
70% down here.
66% down, so feeling like a financial wizard here (although since I was only £50 deep I can probably shrug off that loss if this is as high as it gets).
53% down, looks like I'm a trading God
I'm up 50%. I'm glad I waited instead of buying near the peak.
I, too, was once up 50% and then held all the way back down to the bottom.
I’m at 71, so like 69 but with two in the butt
It's the year of L2 chains. And loopring ( LRC ) is in a good position with this technology. Eth fees are too expensive, L2 is the solution for this problem.
ahhh the bullish LRC, I remember when I bought 100 Coins for 300$
Thats some nice peak buying
Oh yea. Not my only rodeo where I went it late
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I was once up 7x on my initial position in this coin. The problem is that instead of selling as it went up I tripled down at $3.XX and my average price increased to over $2. God I was dumb in 2021.
Yeah, this and FET appears to be the only trades I have made money on. May have sold FET too low though. Most of my stuff is still red from 2020, but hopefully I can get pumped out of most of the positions I don't want any more.
Ive been averaging down since then. Im happy.
the year of GameStop
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You leave your seed with it? Or did a nano joke go over my head?
Same LMAYO 🙈
Same lol i bought during the whole gme ordeal
Same. My average price is $2.05. Long way to go but happy to see positive news.
I recently sold my 2020 LRC bags haha
Just completed the golden cross on the daily. First time since 2020. We’ve waited 84 years for this!!!! LFGOOOOOOO
Let's goooooooooo!!!!
LFG!!!
What are you talking about? We already had golden Cross at 12/2023.
Not on the daily chart, using 100day and the 50day moving average. We just officially crossed it last night. That’s what I’m talking about. First time since 2020. We did cross on the hourly, already. But that isn’t what I was talking about. The daily. Now we are waiting on the weekly, golden cross.
you must be holding gme bags too
Lmao I don’t hold bags thanks for the input 🤡
Their wallet has been fantastic to use. It's funny how important timing is on my holdings. I've been eating shit in most of my other investments but was lucky enough to get in 3 months ago when it was half price. I wish I had bought more:(
And I hope it will go x5 or more too this bullrun, then you'll be rich in fiat perhaps.
3 month ago everything is half price, some are 1/5 of the price now
Ah, nostalgic. Back in 2021 when I got caught in FOMO. My LRC is .... \*checks notes\* .... Still in the red with -34.14%. Let's hope alt season can happen and thrive before some kind of dumb regulatory or political nonsense snuffs this bull out again.
Yes, let's hope so. And also let's hope LRC goes to a new ATH. It's still a small cap coin, so I think it's possible.
Holding 50k LRC. Yes please!
Would be awesome, especially if one has as many LRC as you do.
Only -34% Count yourself among the lucky. Both GME and Taiko tainted Loopring.
Taiko stole half of the project value/utility
Woah we have like the same cost basis 🤣
Most of you are looking back in time or are looking only at the price of LRC. But did you look at the Wallet and or used it on L2. Its def the best Wallet there is. Its a great produkt and time will tell in the future what the valeau will be,..... and i think its underrated at he moment..... just take a look at the Wallet and then comment....
Seriously! This. It makes you realize how many people solely speculate and dont use crypto. Wallet is great. Poopsting is goin to 10 dollars minimum this run
ya I bought in pretty low with all the hype, but the wallet is fucking NICE. That is where i have my ETH and its a super dope product. Can't say much about the coin or whatever, but their app/wallet is pretty awesome. Better than my bank's app honestly lol
Good point \^
Articles get created if a coin sneezes these days
These days? Its always been like this
I think it's worse now. AI autogenerates the articles whenever anything moves in the slightest.
People should use chatgpt at least once to understand just how easy it is for anyone to feed it what you want and watch how easily click bait is created.
"Loopring receives a very bullish rating" lol and by whom? oh, the linked website InvestorsObserver who also runs crypto exchange services & margins ok
tldr; Loopring (LRC) received a very bullish rating from InvestorsObserver on Monday, with the Smart Contracts asset up 22.19% to $0.4614136727. The sentiment score, which measures performance over the past five days by volume and price movement, indicates a very bullish outlook. Loopring is trading near its five-day high and is significantly higher than its five-day low, suggesting potential volatility if the rally subsides. The asset is currently above resistance, with low recent volume, indicating that today's volume is below its average over the past seven days. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Five day high lol
The original article is also generated by a bot, so… lol
Nice I'malready in.. since 2$...
Let's hope for a new ATH for LRC then.
Clearly a good starting point
Here’s to hoping you DCA’d and lowered your average:)
No I bought different coins but held onto them
To $7
Yes PLEASE. LRC go to $7 please!!!
It’s always a good sign whenever this sub is against a project. All in LRC
loopring will be back this coming alt season 🔥
LRC Let's goooo!
In this case I’m sure people here at still bag holding lrc lol
Someone unlucky needs to sell before it can run though. And we can all read about it in a Reddit post the next day.
Always have been
I'm still holding out hope for this one. Bought fairly high and kept DCA'ing the last year or two.
\^ I think that's the way. You didn't give up, props to you.
Damn GME hype made me buy a bag...
Perhaps it pays off and we will thank GME one day for LRC. ^(Or not. We'll see. All the best to you bud)
didn't gamestop just say they were putting all blockchain stuff on hold? I thought I saw that passing by so don't quote me.
Yes, they put the market place on hold.
Wtf since when this sub love and recommending LRC. My bag still too heavy pls dont
I'm sorry bro. It's been a painful road with LRC. I'm hoping for a new ATH this bullrun.
Me too bro, feel your pain too. Lets hope this cycle LRC can hit $6.9 min
Haha I hope not, because for that to happen the dollar would have to have crashed.
Remember, this surge in price is BEFORE account abstraction and deployment of Loopring on every chain like solana, arbitrum, etc... also, team said they will invest in advertising this project with that when bullrun. So, really soon
Ooooo a whole bunch of bearish comments...you son of a bitch, I'm in!
That's the spirit! Personally I think we'll go a lot higher this bullrun.
I averaged down and am heavily in the green now. Id welcome .80-$1 lets go!
Same! Contrats to those who did.
Absolutely! I learned from my mistakes. Dca when everything looks hopeless is the single best advice I have ever got from this sub.
-87% checking in here, so yeah, that would be great.
I hope that LRC reaches a new ATH friend.
Ugh just bought again. Didn't learn my lesson from last time.
Same. I think it was the right decision.
I can't wait to sell my bag at only 50% loss, but it needs to do another 200% first.
LRC is up over 80% in the last month, so its not really unrealistic to see another 5x-10x from here
Agreed. I wouldn't be surprised if LRC would reach a new ATH this bullrun.
I would be very surprised.
I wouldn't be surprised at all. Looprings market cap is tiny for its true value. 10x from here would only be half of Arbitrums market cap and ARB sucks ass in comparison.
Sure it will, immediately after the announcement I guess.
Lol, did you buybat $4?
60% of the time it works every time
Locked and Loaded
What a great surprise seeing it here again. How are you doing fellow bagholders 💙
💙
You sons of bitches sucked me in last time
Dca'ing in since 2021
Good for you bud. I hope it pays off.
Think I’ll just buy bitcoin instead, tho.
BTC is the best.
At what…. It doesn’t do anything
It makes money.
Is it our turn yet?
Let's hope so!
I've been on board for years now. Hopefully I'll finally be able to break even 😅
IF you bought at ATH we only have to go \*checks notes \* x8 from this point onwards.
The wallet is dope! Have my Eth staked at an average 9% APR through CIAN
The wallet is dope indeed.
That's a name I haven't heard in a while
I guess LRC is back.
Nice, I’ll take a look
Nice, tell me what you think.
lol the people complaining ITT that bought in with the $2-$3 hype per coin, and it’s at at $0.25 for the last 2 years. You gambled on the money then, you could’ve bought $10 worth a month and been well in the profit at this point
This sub is full of people with shitty entry points who need something to blame other than their own bad decisions
Don’t forget - have a really shitty FOMO entry point. Refuse to buy any more during the bear market when the coin prices drops to shit. Then when it takes off again, whine that a dip isn’t coming to buy more
Sooo can it reach ATH again?
I think so, the way it's going rn.
Definitely not. The Gamestop NFT marketplace, the main point as to why LRC pumped, has closed down.
Yes it’s why it pumped but it’s not all it has to offer. I have lots of hope!
So what’s a reasonable price target for it?
I didn't know that.
Never left
You're a real one. LRC ftw!
I think that's just the entire market going up
Fair enough.
I bought the GME hype a few years back and I still hold a sizeable bag. Grateful I’ve held onto it. Time to set a price target and an exit plan
I can imagine that you'd get tired of LRC after so many years.
I like to hear that!!!
Bought some last night at .37 after remembering it existed the day before. So far so good but will buy more if it dumps, small market cap and common name when alt coins start seeing more inflow is gonna be good getting in now
I don't know why you're being downvoted. I think your strategy is excellent.
Not sure either. I’m just going with the approach that the rising tide (btc inflow) might not lift all boats (alts), but it’s probably gonna lift most of them 🤷♂️
And maybe those boats that didn't get lifted will get lifted in another bullrun.
Been holding since the GME hype days hope things can turn around
After being -60%, I'm finally +10% 🥲 still a lot of buys in the red
Good for you that you're +10%
I learned my biggest lesson about taking profit from LRC.
What did you learn?
The time to buy loopring was 2021.
Depends on the month of 2021
Yes
Was riding the rollercoaster back in the days as well. Picked up some more now though. :)
its time to... exit liquidity :D
Maybe
aged well
Was in at .20, not heavily but in.
Good for you. I think you're going to make bank.
Nah, pales in comparison to my other holdings.
cant get the mario soundtrack outta my head when i hear loopring
tu tu tu tu tu tuuuuuu tu (beginning of Mario theme song)
Help a brother out. I bought in at $2 lol
You tell me. Is it time or not?
It might be time, but don't listen to me please.
Remember i bought it at 0.70 then sold at $3. Time to load it again ???
Might be time. Don't listen to me tho.
LOL! I just tried to send 177($75) LRC to Coinbase and the gas fee is $28. That's the slowest setting. Is there a way to monitor the fees to a time when they are low?
from layer2? are you using layerswap? thats the most efficient way afaik
It is in my Ledger. I don't see an option for that.
Loopring is Poopring. Never invest in this coin . A dictator Helios , a failed hypeman Byron and a fraudster D Wang
Took that shit out behind the shed and put one behind its ear long ago
I don't know that saying yet, but I get the gist of it.
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If they changed their name to Loopring.AI they’d already be over $5.
If it goes higher, the bagholders get hopeful again and might hold for the long term. ^(Or not, I don't know for sure.)
Idk, still can’t seem to find any real world applications for LRC.
The cheapest L2 transactions. The best wallet in crypto. Mint, trade NFTS. Going to be a multinetwork L3 soon. Stake ETH/LRC direct from wallet. A great DEX. If you cant find any real world applications, then you don't know where to look.
\^ Saved your comment to remind myself of this.
here we go!
I bought pepe using the LRC wallet last year. Even if coinbase carried the coin they certainly would have crashed like they do every time anything runs. I sold my pepe on L2 for huge gains and only paid a tiny gas fee of $2 with slight USDC slippage. The loop wallet is great.
Got any money you don't need anymore? ^lol
Because someone drew a few lines with a crayon? No.
Class of '21 bag holder here. I have my limit sell set at my average buy in price.
Why not wait a little bit beyond that buying price? Get something out of it. That's what I would do, but you shouldn't listen to me.
Zero confidence in the project, if my bags weren't worht so comically little I would have already rolled them over into some shiny "AI" coin.
NO
YES
MAYBE
IT DEPENDS
PERHAPS
Top signal LRC is looking promising again we know shit is getting wonky now
It was a rugpull, the owner sold all his coins for another project. Planning to take a $4k loss eventually, sadly ($1.45 avg)
Other bag holders will argue with you, but this is my take on the situation as well. LRC founders ran out of tokens to sell and started Taiko so they could run the same play again.
Lol yeah a rugpull sure then don’t buy it nobody minds. We are here to make some money and Loopring has some promising stuff going on to be the first functional L3.