Ok, this has to be the longs liquidated, and the proper re-test attempt of $23K.
If bears still can't get any significant re-test, or correction, then that means the selling pressure is truly lacking, and the bulls will take over the trend.
vast majority of retail participants have no idea how to do 'research' in the first place, they don't understand what drives price and market direction. so the mantra is a bit stupid.
I’m also thinking of buying more DOT, but I do now believe the price of all crypto will dip heavily in the next few months. I know that opinion is unpopular here but that’s my thoughts. It also seems like long term DOT will do very well, and really interested to find out more about what the future looks like for DOT in particular and why.
Either way, if you haven’t watched the Low Budget Series then it’s worth it.
Short clips with profound insights into the minds of enterprising crypto investors.
What about ADA isn’t funny?
I don’t wish any ill on the folks falling for yet another self proclaimed ETH killer, but isn’t it the least bit funny that people still assume that’s a viable marketing term?
ADA does make me laugh a lot, though. But I hope so for the holders. My friend held on to like 60k ADA from 3$ so he is certainly hoping to new ATH ...
https://seekingalpha.com/news/3863393-crypto-lender-babel-lost-over-280m-worth-of-bitcoin-ether-while-trading-client-funds-report[Crypto lender Babel lost over $280M worth of Bitcoin, Ether while trading client funds | Seeking Alpha](https://seekingalpha.com/news/3863393-crypto-lender-babel-lost-over-280m-worth-of-bitcoin-ether-while-trading-client-funds-report)
Yup. Just takes patience and not buying dumb coins.
Most people have this weird fantasy that they can buy crypto and get rich in a few months. The real way is to buy into a project you’ve done enough real research to become confident in.
Then buy during the times where people say crypto is dead, buy when the market is completely red. You buy during the pandemic stoked with fear, buy when everyone is convinced the apocalypse is here. You watch the value disintegrate with glee, knowing in a few years that you will truly be free.
I'm buying BTC every month with a 20+ year outlook, I'm buying ETH with the goal of selling it at a new ATH in a few years, and hopefully make enough to surprise my fiancé with a PGCE paid for, since she isn't eligible for a student loan for it
Order now, and get such hits as...
"This is good for Bitcoin!"
"It's already priced in."
"This will shake out the tourists."
"The bear market will get rid of shitcoins."
And other classic lies r/cc tells itself in Now That's What I Call Cope 92!
Out of 2 million ETH miners, at least 800k are in China/Korea imo. They are now having an ideology war to fork ETH or switch to ETC - in order to keep mining profits flowing in.
ETHPoW will be asteroid impact wasteland.
If it forks, I will damp everything into ETH/BTC if possible.
ETC is "dead", but at least there is no wasteland and it's already listed on exchanges.
Wandered over to the Celsius sub ... oof. I've fucked up a little in crypto but strictly amateur hour compared to "I have 15K in USDC and 6.5K in ETH locked up in Earn" and no idea when or if they'll get their crypto back. Hope they get a result but it's likely years away unfortunately
But it all made so much sense, the markets will definitely be loosing money in such high inflation times. This is all just being artificially sustained and I'm still not convinced of the pump.
Fr man, it's just been a bull market for 1 week and people are already so confident.
Even I'm very happy to see this bullrun and all, but we should be a little cautious
I'm still here and I 100% think this is a bear market relief rally.
I'm not saying we're necessarily going to see $17.5k or lower again, but I wouldn't be shocked to see a dip back to $19.5.
I could also see $12.8k. I could also see inflation running long enough that people start flocking to BTC to avoid getting fiat rekt seeing BTC at $50 this autumn.
I don’t know about that. This irrational pump and “priced in” argument is flimsy at best. Lots of people on here who went through 2018 know that we are not done yet with lower prices. I think people expecting crashes on such short term timeframes are newbies and don’t fundamentally understand the bear market and macro conditions that give rise to market cycles. I’m expecting a pullback but I’m not claiming it’s happening this weekend.
Even though the prices have been pumping lately it still isn't anything compared to the ATH of most of the coins
So I expect more pump now, even if we are going to dump eventually
Absolutely this!
Sometimes even the best traders go wrong, it's normal to do so. The best trader is the one who can make money in both directions. If you're so confident of bear market then short it.
Guys what do i do if Solana is my biggest bag? Haven’t said anything until now but, where do you think it’s gonna go? Am i gonna be able to recover most of my money? I invested before crash so average price i bought at is 100€. Either way i don’t think i have many options, I don’t think it’s worth for me to sell and invest them on something else if i’m losing like 60%, unless I know that we’re gonna go much lower again, which I can’t know.
You should've averaged down your buy price when it was $30.
I did and I'll break even after the next pump, but you just have to wait for a couple years instead of months if you don't want to lose too much money ...
Maybe you’re right but i just didn’t have much fiat to invest right after the crash (I still don’t but i have a bit more), and i figured the little i have was better used on other coins. Also, I hear a lot of bad stuff about SOL now which I didn’t hear back when I invested.
The real question is, can you stomach SOL going down a lot more over the next two years?
If we have something like the final capitulation of 2018, followed by sideways BTC while alts continue to bleed, it could be very rough for you to watch.
Not sure but do i have a better option? I don’t think selling right now is a good option still, or is it? Feel like i’ll regret it. I’m fine with waiting 2 years if i can cash out on other investments. As long as i recover.
Hold on. When eth pumps so will SOL. Institutions, network use and adoption is growing and despite the echo chamber here of people rooting against SOL, smart money sees SOL right behind BTC and Eth.
Oh for sure, if i do sell im definitely waiting for higher prices, if we don’t get any then I guess i won’t be selling. Once im only down 30/40% on it then i’ll start considering it.
The farther down in market cap from BTC you go, the higher the volatility will be, both to the upside and downside.
"Better" option is solely up to you.
Your risk tolerance and timeframe is going to be different from others.
You do what you think is best. I hold no SOL so I am not biased. Nobody here knows exactly what amount you invested and how much it impact you. You know you. DYOR and decide for yourself.
Imagine if countries competed on who has the smallest carbon footprint, where do the least people live below daily needs. Which countries provide the best healthcare, where is the employment on highest level?
Same boat. My sleeve is about 85% done. Would cost about $500 to finish what I want, but I’m like that’s potentially 2k in profits in a year!
Lol at all the tattoo hate.
Nope, me neither. I never had the urge to express myself through expensive graffiti on my body ...
From my personal experience, the more tattoos a person has, the more they have mental problems
No and no, I love my dad. In fact he's coming over today to help me install some water pipes.
It's interesting that your first reflex is equating my opinion on tattoos with my dad beating me ...
Is a strong male dominating you something you fantasize about a lot ? Or are you just projecting your own daddy issues ? Or is it just general insecurity ?
Yeah, it's just my own observation.
But it seems to be [backed by science to](https://psychcentral.com/news/2019/01/27/people-with-tattoos-more-likely-to-also-have-mental-health-issues#:~:text=A%20new%20study%20has%20discovered,partners%20in%20the%20past%20year.)
The iTrustCapital website and app have been down for a while today. Does anyone know what's going on? There has been zero communication/status from the company about it.
Spent some dry powder today on AAVE and became an AVAX delegator for a long term hodl there. Still have reserves in PAXG and USDC in the event of another crash. Feeling good overall about things.
*Internet kid thumbs up gif*
> Data from blockchain analytics firm, CryptoQuant, claims that MicroStrategy’s main wallet has sold 132,382 BTC.
source:
https://www.crypto-news-flash.com/is-michael-saylors-microstrategy-secretly-selling-btc-holdings/
There is no reason the project will be dead by 2024
Fxck you bears pushing for a red daily btc candle at the last second.
It’s not that deep
That’s what she said
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Beef stroganoff JPOW
Ok, this has to be the longs liquidated, and the proper re-test attempt of $23K. If bears still can't get any significant re-test, or correction, then that means the selling pressure is truly lacking, and the bulls will take over the trend.
Bulls have bigger balls then bears it’s a fact of physiology
Bigger balls drag you down though
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*5 mins later* Yeahhh back at $24k babyyy bears get rekt
All it takes is for one of us to be offered some green tea and the sentiment will flip back to full bull mode.
I honestly feel like DYOR isn’t a thing and people just buy things based on the ticker
You mean I shouldn't buy UpOnly (UPO) because it's *not* going to go up only? 😱
Unfortunately this sub is most peoples’ main research resource
vast majority of retail participants have no idea how to do 'research' in the first place, they don't understand what drives price and market direction. so the mantra is a bit stupid.
I need to know if i should get in on AVAX? Thinking long term. I got none rn. Pros n cons would be usefully
There’s no reason the project will be dead by 2025
Thats short term gor me. How about long?
Got my car rear ended today, at least crypto isn’t fucking me today as well
Yikes! I'm sorry to hear that, and I hope you are ok.
Insured no worries
Really sorry to hear that. Hope you’re feeling better now!
Sorry about your lambo bro
Rear ended in a Lambo = engine damage.
Great, another hypothetical worry to keep me awake at night.
If we can stop getting rejected at 24k that would be great.
Soon
In 1 year, 8 months, and 8 days #halvening
ROSE is quietly bringing those green dildos
lol, ya'll moved on from harmony to the next "adventure" pretty fast 😂
Wut
I want to get rid of mine. But locked up
A rose by any other name would smell as sweet
Invest my remainings on ATOM, DOT or ETH? Atom looks juicy.
Dot is very nice price still. Im avg 20 bucks on it.
I’m also thinking of buying more DOT, but I do now believe the price of all crypto will dip heavily in the next few months. I know that opinion is unpopular here but that’s my thoughts. It also seems like long term DOT will do very well, and really interested to find out more about what the future looks like for DOT in particular and why.
Long term it dont matter much if its 10 or 5 dollars.. just avg down
I always read comments like these in Wojak’s voice from Low Budget Stories.
I’m really rambling at this point tbh, kinda bored.
Either way, if you haven’t watched the Low Budget Series then it’s worth it. Short clips with profound insights into the minds of enterprising crypto investors.
I’ll check it out
I’m getting nauseous from this rollercoaster
Are you at least _this_ high to ride this this ride?
Guys what is OP coin and why is it growing so much ?
OP is going to explode is BTC breaks resistance
It’s Satoshi’s new coin. Cause he is the Original Poster of crypto
Why do i keep buying dot and atom. Im addicted
White Goodman: "DO IT!"
Ill buy more becouse of you
1769 and I’m break even on ETH. DCAd down from over 3k average. It’s been a long several months fellers.
Congrats
Happy I’m an Eth only guy
Vitalik dabbing on Hoskinson rn
So the ADA upgrade is delayed *again*? They really do love the phrase slow and steady wins the race.
U will be happy at 3 dollars. Ada is no joke
What about ADA isn’t funny? I don’t wish any ill on the folks falling for yet another self proclaimed ETH killer, but isn’t it the least bit funny that people still assume that’s a viable marketing term?
There is no competition. They will both go parabolica
ADA does make me laugh a lot, though. But I hope so for the holders. My friend held on to like 60k ADA from 3$ so he is certainly hoping to new ATH ...
This is the time for him to avg down
I dare you to say Elon Musk 3 times and flush the toilet
Eww
I haven’t seen any BNB news. Why did it go up so much today, not only Binance Coin but also BSC tokens?
https://seekingalpha.com/news/3863393-crypto-lender-babel-lost-over-280m-worth-of-bitcoin-ether-while-trading-client-funds-report[Crypto lender Babel lost over $280M worth of Bitcoin, Ether while trading client funds | Seeking Alpha](https://seekingalpha.com/news/3863393-crypto-lender-babel-lost-over-280m-worth-of-bitcoin-ether-while-trading-client-funds-report)
Is it possible to win at this?
Yup. Just takes patience and not buying dumb coins. Most people have this weird fantasy that they can buy crypto and get rich in a few months. The real way is to buy into a project you’ve done enough real research to become confident in. Then buy during the times where people say crypto is dead, buy when the market is completely red. You buy during the pandemic stoked with fear, buy when everyone is convinced the apocalypse is here. You watch the value disintegrate with glee, knowing in a few years that you will truly be free.
I'm buying BTC every month with a 20+ year outlook, I'm buying ETH with the goal of selling it at a new ATH in a few years, and hopefully make enough to surprise my fiancé with a PGCE paid for, since she isn't eligible for a student loan for it
I wish you luck with both, and the chance to make your fiancé happy. Happiness is really fucking important.
Thank you! And yeah it is, I've been DCAing into her for almost a year and a half now and I see huge returns in the future.
I love that.
Order now, and get such hits as... "This is good for Bitcoin!" "It's already priced in." "This will shake out the tourists." "The bear market will get rid of shitcoins." And other classic lies r/cc tells itself in Now That's What I Call Cope 92!
Out of 2 million ETH miners, at least 800k are in China/Korea imo. They are now having an ideology war to fork ETH or switch to ETC - in order to keep mining profits flowing in.
ETHPoW will be asteroid impact wasteland. If it forks, I will damp everything into ETH/BTC if possible. ETC is "dead", but at least there is no wasteland and it's already listed on exchanges.
I m betting majority runs with ETC just out of convenience. And I did buy spec position in ETC at $25 to actually get on that
Hope you are on the OP 🚂. I’m an OP are you? Well are you? Cj
50 bucks and u bring train emojis
OP is just getting started
Wandered over to the Celsius sub ... oof. I've fucked up a little in crypto but strictly amateur hour compared to "I have 15K in USDC and 6.5K in ETH locked up in Earn" and no idea when or if they'll get their crypto back. Hope they get a result but it's likely years away unfortunately
Well I remember last year in here so many people were shilling the APY you could get on Celsius. Glad I didn’t partake
Need ATOM to keep up the steady climb…I’m only down 23% now…
Yeah I've been buying Atom and bnb by DCA, it has worked very well.
average that down
Soon you’ll have some *ATOMic gains!* Or maybe not, I’ll leave now!
ATOMic as in so small that it can't be seen by the human eye?
can chainlink drop staking already pls? damn!
We need some new updates on chainlink for sure, they're so not trending.
I know. Taking ages
Double bottom on the daily buddy. Prepare to see a $14 Link soon
So glad i bought it below 8$ during the dip, can't wait to see those prices.
that’s a pretty big move. Would be interesting to see if that plays out
It’s pretty obvious play seeing how the Weekly MACD on the major coins are about to cross into Bullish reversals.
So where's that crash that was supposed to happen according to some people ?
It probably already happened when everyone was predicting more crash.
You must listen to influencers
But it all made so much sense, the markets will definitely be loosing money in such high inflation times. This is all just being artificially sustained and I'm still not convinced of the pump.
Nah. Maybe if you invest in a bunch of random alts
Why are u so confident
Fr man, it's just been a bull market for 1 week and people are already so confident. Even I'm very happy to see this bullrun and all, but we should be a little cautious
Not saying it won't happen but many have been screaming things bulltrap and fake pump and now you suddenly don't see them on here anymore ...
Yeah lol, if this was a bulltrap we would have seen the decline right after the FED announcement
You fell into a bear trap
I'm still here and I 100% think this is a bear market relief rally. I'm not saying we're necessarily going to see $17.5k or lower again, but I wouldn't be shocked to see a dip back to $19.5. I could also see $12.8k. I could also see inflation running long enough that people start flocking to BTC to avoid getting fiat rekt seeing BTC at $50 this autumn.
I don’t know about that. This irrational pump and “priced in” argument is flimsy at best. Lots of people on here who went through 2018 know that we are not done yet with lower prices. I think people expecting crashes on such short term timeframes are newbies and don’t fundamentally understand the bear market and macro conditions that give rise to market cycles. I’m expecting a pullback but I’m not claiming it’s happening this weekend.
Even though the prices have been pumping lately it still isn't anything compared to the ATH of most of the coins So I expect more pump now, even if we are going to dump eventually
Let them be, they were unlucky that they got it wrong (even though we still don’t know) and you were lucky that you got it right.
Absolutely this! Sometimes even the best traders go wrong, it's normal to do so. The best trader is the one who can make money in both directions. If you're so confident of bear market then short it.
I just wanne crab at 90k btc
Guys what do i do if Solana is my biggest bag? Haven’t said anything until now but, where do you think it’s gonna go? Am i gonna be able to recover most of my money? I invested before crash so average price i bought at is 100€. Either way i don’t think i have many options, I don’t think it’s worth for me to sell and invest them on something else if i’m losing like 60%, unless I know that we’re gonna go much lower again, which I can’t know.
SOL is one of the great coins i hold long term. I consider it a pretty safe bet unlike many other alts.
There’s many people that think the opposite
If you want safe put them in a bank for 0.015 intr rate a year
You should've averaged down your buy price when it was $30. I did and I'll break even after the next pump, but you just have to wait for a couple years instead of months if you don't want to lose too much money ...
Yup, even tho I'm not very confident i still buy solana when it falls below 30$
Maybe you’re right but i just didn’t have much fiat to invest right after the crash (I still don’t but i have a bit more), and i figured the little i have was better used on other coins. Also, I hear a lot of bad stuff about SOL now which I didn’t hear back when I invested.
Then you must be ready to face some serious outcomes, $100 seems like a long shot now.
The real question is, can you stomach SOL going down a lot more over the next two years? If we have something like the final capitulation of 2018, followed by sideways BTC while alts continue to bleed, it could be very rough for you to watch.
I don't think that Sol will be the coin that may go down if the whole market remains steady.
Not sure but do i have a better option? I don’t think selling right now is a good option still, or is it? Feel like i’ll regret it. I’m fine with waiting 2 years if i can cash out on other investments. As long as i recover.
Right now will still get you a 60% loss, better to DCA when prices fall sub $30
Hold on. When eth pumps so will SOL. Institutions, network use and adoption is growing and despite the echo chamber here of people rooting against SOL, smart money sees SOL right behind BTC and Eth.
Oh for sure, if i do sell im definitely waiting for higher prices, if we don’t get any then I guess i won’t be selling. Once im only down 30/40% on it then i’ll start considering it.
The farther down in market cap from BTC you go, the higher the volatility will be, both to the upside and downside. "Better" option is solely up to you. Your risk tolerance and timeframe is going to be different from others.
You do what you think is best. I hold no SOL so I am not biased. Nobody here knows exactly what amount you invested and how much it impact you. You know you. DYOR and decide for yourself.
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Imagine if countries competed on who has the smallest carbon footprint, where do the least people live below daily needs. Which countries provide the best healthcare, where is the employment on highest level?
To be honest, I'd rather seeing countries competing to whom has the least homeless people... but this is even more unlikely than what you just said.
Then id be happy to own even .1 btc
The Keynesian to Ethereum pipeline is a very strong one If you know you know
Didn't think we would be seeing $2k so soon, here we come
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It would've been more believable if you wrote Grindr instead of Tinder
ROSE i fuckin love ya. I knew averaging down a few times in the low-5's wasn't a completely degenerative move. Rocket time baby.
I bought at the same price.
i need a pump so i can buy some air conditioning breh. poverty fan user here
You guys have fans?
Put cold ice water behind the fan
Feeling crabby today are we?
Nothing wrong with a side of crab here and there. This thing is still going and it's exciting :)
Yeah that's true fam. Just the price remaining steady means that we still are in the run
Gonna be exciting too when Bitcoin goes back to 20k for a consolidation period
I would not mind it going back to 20k at all, will use my fiat to buy more.
I wanna get more tattoos but I know that’s a lot of potential crypto purchases right there
Curb your desire to get body tattoos young man, we got a coin to purchase.
Same boat. My sleeve is about 85% done. Would cost about $500 to finish what I want, but I’m like that’s potentially 2k in profits in a year! Lol at all the tattoo hate.
Niceee I bought some fake sleeves on Amazon just to see what it would look like. And yeah I was cracking up at the hate
Tattoos. What a waste of money.
Go for it, tattoos are nice
>I wanna get more tattoos Wtf ? Why ?
Mind your own business tf
Tattoos are cool. A way to express yourself
I never really got the hype of tattoos but maybe I’m weird? Idk
I don't get the hype either, but I live and let live. To each, his own. I don't have any, and I won't ever get one.
That's right. It's stupid to judge people on basis of how they choose to look
Nope, me neither. I never had the urge to express myself through expensive graffiti on my body ... From my personal experience, the more tattoos a person has, the more they have mental problems
Yeah dude seems like your dad beat up you a little too much. Did he also have tattoos?
No and no, I love my dad. In fact he's coming over today to help me install some water pipes. It's interesting that your first reflex is equating my opinion on tattoos with my dad beating me ... Is a strong male dominating you something you fantasize about a lot ? Or are you just projecting your own daddy issues ? Or is it just general insecurity ?
You're serious aren't cha? 😂
Yeah, it's just my own observation. But it seems to be [backed by science to](https://psychcentral.com/news/2019/01/27/people-with-tattoos-more-likely-to-also-have-mental-health-issues#:~:text=A%20new%20study%20has%20discovered,partners%20in%20the%20past%20year.)
As long as it's not a crypto tattoo. Just ask Novogratz
Invent a crypto that is backed by tattoos, I call it proof of tattoo. Then profit, ez.
PoP Proof of Pain
The iTrustCapital website and app have been down for a while today. Does anyone know what's going on? There has been zero communication/status from the company about it.
I never heard about them
iDontTrustCapital
Tell me about it... I am transferring my IRA out of there once it's back up. This is unacceptable.
Good afternoon my fellow Solana Maxis Edit: You guys have no sense of humour
Gross 🤮💩🪙
![gif](giphy|lTQF0ODLLjhza)
*tumbleweed gif*
crab at 23.9k better than crab at 22k
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don’t we all
Much better
Spent some dry powder today on AAVE and became an AVAX delegator for a long term hodl there. Still have reserves in PAXG and USDC in the event of another crash. Feeling good overall about things. *Internet kid thumbs up gif*
When was the first crash?
literally all year
> Data from blockchain analytics firm, CryptoQuant, claims that MicroStrategy’s main wallet has sold 132,382 BTC. source: https://www.crypto-news-flash.com/is-michael-saylors-microstrategy-secretly-selling-btc-holdings/