Crypto trading

[zinc4]

So you still holding to what you said about BTC hitting $100 by end of year?

100k? It's already on it's way.

 

[zinc4]

Depends what you are in. Nothing wrong with just holding bitcoin and a few others but on a parabolic move up there is usually a large correction back to the trend line. Definitely sell any small caps or meme coins if they pump hard. Long term the good ones will trend up, just lots of ups and downs. Typically there is a 1 yr downtrend after a large bull market, look at 2018 and 2014. Personally not selling any bitcoin, all my alts except for some ETH is getting sold though. WIll buy some back

Get into smallcap meme tokens like: Hanzo $hnzo gatsby and flokipup and helios o promise you thise four are about to go parabolic. Hanzo is especially special.....it is like buying floki at 7 mil mcap.

 

[SargeMaximus]

Bought some ETH just now. Cup and handle formation with downtrend breakout. I like it

 

[Reyaj]

Depends what you are in. Nothing wrong with just holding bitcoin and a few others but on a parabolic move up there is usually a large correction back to the trend line. Definitely sell any small caps or meme coins if they pump hard. Long term the good ones will trend up, just lots of ups and downs. Typically there is a 1 yr downtrend after a large bull market, look at 2018 and 2014. Personally not selling any bitcoin, all my alts except for some ETH is getting sold though. WIll buy some back

I own Bit and Eth... So those you are holding?

100k? It's already on it's way

Is that the sell point?

 

[jaygreenb]

I own Bit and Eth... So those you are holding?




Is that the sell point?

Have to see how things play out, if it just keeps going straight up without any pullbacks to find new support will probably sell some off. If its a more measured slow growth would be less likely. Would just get your BTC and eth buys in sooner than later. Getting to the point where much higher you could be underwater for a bit in a bear market. Wouldn't be surprised if this area is the bottom of the next major bear market. Long term future is very bright, just don't chase if it really starts pumping hard.

 

[BackInTheGame78]

Depends what you are in. Nothing wrong with just holding bitcoin and a few others but on a parabolic move up there is usually a large correction back to the trend line. Definitely sell any small caps or meme coins if they pump hard. Long term the good ones will trend up, just lots of ups and downs. Typically there is a 1 yr downtrend after a large bull market, look at 2018 and 2014. Personally not selling any bitcoin, all my alts except for some ETH is getting sold though. WIll buy some back

I'd be careful with that...some alts are pumping 25-35% or more in a single day now...NU just went 367% in a day

 

[jaygreenb]

Not talking about today, but most likely in the next few months, just have to see how things play out. Most likely after btc has passed 100k and we have another alt season

 

[BackInTheGame78]

Not talking about today, but most likely in the next few months, just have to see how things play out. Most likely after btc has passed 100k and we have another alt season

It's a pretty green day for alts again today...SOL up near $200 again after being in the 155 range for a while...

Many of the alts are soaring right now and outperforming BTC...

 

[jaygreenb]

It's a pretty green day for alts again today...SOL up near $200 again after being in the 155 range for a while...

Many of the alts are soaring right now and outperforming BTC...

I'm not sure what your point is, performance of difference coins can change daily.

 

[jaygreenb]

It's a pretty green day for alts again today...SOL up near $200 again after being in the 155 range for a while...

Many of the alts are soaring right now and outperforming BTC...

To give you some perspective of what I am talking about, look at the 5yr charts of different alts on trading view, Priced in BTC not USD. You typically get two price spikes per 4yr cycle in the 1yr period of a bull market. Those spikes are typically in what to is referred to as "alt season". Between those alts seasons when you see their relative BTC values tanks, they may be holding up in USD but that is when BTC is running hard. There are many smaller cycles within larger cycles, all ebs and flows. All alts get absolutely crushed in a bear markets, the good projects eventually recover however many of them never reach their ATH's again. Look up the top 25 coins in 2017, some are still the same however many of them are no longer there

Change these charts to the 5yr

ETH BTC – Ethereum to Bitcoin Price Chart — TradingView

View live Ethereum / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

ADABTC Charts and Quotes — TradingView

View live Cardano / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

XRPBTC Charts and Quotes — TradingView

View live XRP / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

 

[BackInTheGame78]

Another huge company looking to get into crypto...

Bond giant Pimco says it's ready to embrace crypto, which it sees as a potential store of value and inflation hedge

Pimco has already dipped its toe into digital assets via investments in crypto-linked securities, its CIO Daniel Ivascyn told CNBC.

www.yahoo.com

 

[BackInTheGame78]

Launchpad IDOs have been overwhelmingly successful for me...usually a new one comes out once a week or so, and I stake native tokens to get guaranteed allocations. Typically they go 5-25x+ within a week or so, I sell out of the initial pump and wait for a drop and then buy back more tokens lower, often around double the amount, then stake and hold.

Games, NFT Games and Metaverses are going to be huge Q4 and into next year...would advise some exposure to

$MOWA
$PKR
$ROCO
$BLOK

 

[BackInTheGame78]

Many Alts showing strength...XCUR and KDA at two I wished I held for longer...they have gone 3-4x over the past month or so

 

[Reyaj]

To give you some perspective of what I am talking about, look at the 5yr charts of different alts on trading view, Priced in BTC not USD. You typically get two price spikes per 4yr cycle in the 1yr period of a bull market. Those spikes are typically in what to is referred to as "alt season". Between those alts seasons when you see their relative BTC values tanks, they may be holding up in USD but that is when BTC is running hard. There are many smaller cycles within larger cycles, all ebs and flows. All alts get absolutely crushed in a bear markets, the good projects eventually recover however many of them never reach their ATH's again. Look up the top 25 coins in 2017, some are still the same however many of them are no longer there

Change these charts to the 5yr

ETH BTC – Ethereum to Bitcoin Price Chart — TradingView

View live Ethereum / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

ADABTC Charts and Quotes — TradingView

View live Cardano / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

XRPBTC Charts and Quotes — TradingView

View live XRP / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.

www.tradingview.com

Can I get a layman's term translation I am guessing by alts you mean smaller unknown cryptocurrencies.. anything outside of Bitcoin, Etherum and Litecoin right? Does this spike theory apply for both? Are you basically saying you get two big spikes every 4 years and the rest of it are ebs and flows with it trending upwards?

 

[Kinoescalator]

Guys, i have done VERY well with coins. One VERY simple technique.

Keep 1/4 of your coin as USD. Dont EVER sell the rest of your coin.

Use the 25% of your coin to make money with:
1. Buy durring a crash. Dont worry about catching the bottom.
ONLY BUY DURRING A CRASH
ONLY BUY DURRING A CRASH.
Do i need to say it a 3rd time?....you get the idea.

2. Sell to USD when it goes back up.
3. Wait for it to crash again and do it over and over.

Repeat. REPEAT. VERY VERY Easy way to make money, has never failed me. Worst case it goes down a bunch more, so who cares? Just wait...it will go back up and above what you bought it at.

It almost seems too easy to me. I dont know why so many others dont follow these simple (i would think its almost common sense) rules and make money.

 

[SargeMaximus]

Guys, i have done VERY well with coins. One VERY simple technique.

Keep 1/4 of your coin as USD. Dont EVER sell the rest of your coin.

Use the 25% of your coin to make money with:
1. Buy durring a crash. Dont worry about catching the bottom.
ONLY BUY DURRING A CRASH
ONLY BUY DURRING A CRASH.
Do i need to say it a 3rd time?....you get the idea.

2. Sell to USD when it goes back up.
3. Wait for it to crash again and do it over and over.

Repeat. REPEAT. VERY VERY Easy way to make money, has never failed me. Worst case it goes down a bunch more, so who cares? Just wait...it will go back up and above what you bought it at.

It almost seems too easy to me. I dont know why so many others dont follow these simple (i would think its almost common sense) rules and make money.

Silver Platter Method spotted

 

[jaygreenb]

Can I get a layman's term translation I am guessing by alts you mean smaller unknown cryptocurrencies.. anything outside of Bitcoin, Etherum and Litecoin right? Does this spike theory apply for both? Are you basically saying you get two big spikes every 4 years and the rest of it are ebs and flows with it trending upwards?

Alts = anything besides bitcoin, the smaller the market cap usually the greater the risk. Smaller market caps have higher upside but in a bear market also more downside. For the most part, Alt coins only outperform BTC in a bull market. We are in a bull market now. Within the bull market period it usually flows in this order, Bitcoin runs for a while and dominance of the market increases, can last up to a few months. Then Ethereum and large cap alts run, then small cap alts run, then all the complete scams and meme coins run. Then there is giant market correction. In that correction the smaller the coin usually the greater the downside. For example, in 2018 most alts went down over 95%, some 99% , bitcoin was down around 85%.

The majority of alt performance comes in short bursts of time within a roughly 1yr bull market period, it seems the period is elongating though. It is around a 4yr cycle based around the bitcoin halvening. My guess is we are going to have anywhere from 2-6 months of really strong growth before a longer bear market period. Anything is possible though with the current macro backdrop and institutional involvement.

 

[jaygreenb]

Guys, i have done VERY well with coins. One VERY simple technique.

Keep 1/4 of your coin as USD. Dont EVER sell the rest of your coin.

Use the 25% of your coin to make money with:
1. Buy durring a crash. Dont worry about catching the bottom.
ONLY BUY DURRING A CRASH
ONLY BUY DURRING A CRASH.
Do i need to say it a 3rd time?....you get the idea.

2. Sell to USD when it goes back up.
3. Wait for it to crash again and do it over and over.

Repeat. REPEAT. VERY VERY Easy way to make money, has never failed me. Worst case it goes down a bunch more, so who cares? Just wait...it will go back up and above what you bought it at.

It almost seems too easy to me. I dont know why so many others dont follow these simple (i would think its almost common sense) rules and make money.

This strategy works in a bull market but doesn't always work in a longer bear market period. Depends on the alt coin, not all of them recover. Longer bear markets are where a lot of projects get washed out never to return to ATH's

 

[BackInTheGame78]

I am absolutely killing it right now...hope everyone has some exposure and isn't getting shook out by temporary price corrections. About to go parabolic soon enough...alts doing exceptionally well also...

 

[SargeMaximus]

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