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OfflinemndfreezeMDiscordReddit
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Lophosaurus] * 1
    #24893301 - 01/06/18 02:00 AM (6 years, 23 days ago)

I also juat traded all rest of my eth off to buy ada since it was slumping down and eth was high.  Here is .my current:

Be careful with all the coins you invest in. Small or big, traded on exchanges or private ico, because they all CAN be scams or just bad business plans, but they also could be winners with a real but of tech and a market it's designed for.

I want to buy tron (trx) but it's not on bittrex.  Heres tonight's portfokio.  At about 1800$ us in total

XVG 1054.76757842

XLM 500.00000000

ADA 335.19342142

XRP 323.58870261

USDT 0.00093846

ETH 0.00001566

BTC       0.00000003


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InvisibleSirShroomsAlott
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: mndfreeze] * 1
    #24893309 - 01/06/18 02:14 AM (6 years, 23 days ago)

Had a decent portfolio recently but traded everything into just 3 for now.

BTC: 1.0
ETH: 8.0
STRAT: 1190.0

XLM, ICX, and EOS I'm very interested in, quite a few others as well and want to trade into them just to hold for now but I'm not trading a single thing or moving anything around in the short term, could be wrong but I'm expecting a decent correction coming relatively soon, the only thing I might due is sell to coinbase into my USD wallet and just keep it there until the correction hits so that way it won't depreciate and I can buy back in to other crypto for cheap without losing money while everything is falling.

My main five would be

1)ETH
2)BTC
3)STRAT
4)XLM
5)Mixed on this one, 3 or 4 I really like but I'll go with verge solely because I've made by far the most off it before cashing out (thanks again Asante :awesome:) Cardano or EOS would probably follow.


Edited by SirShroomsAlott (01/06/18 02:21 AM)


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OfflineLogicaL ChaosM
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: SirShroomsAlott]
    #24893589 - 01/06/18 07:29 AM (6 years, 23 days ago)

Im thinking of getting into Ripple or Einstien. Ever heard of EMC2 coin?


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: LogicaL Chaos] * 1
    #24893869 - 01/06/18 10:37 AM (6 years, 23 days ago)

The reddit page of EMC2 is just :lol:, alot of people hate EMC2, not sure why, i personally sold at loss with this one, glad i did sold tho


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InvisibleLophosaurus
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Jean-guy Masta]
    #24893887 - 01/06/18 10:46 AM (6 years, 23 days ago)

NO Einsteinium. I hate it.

Ripple is the biggest pump and dump scam. Not a coin to invest in. It is a tool for transferring. At least wait til it drops all the way and settles out

Buy Lsk when it goes back down but before February

Or Ada if it is down

I'm not an expert at all. I do read and watch a ton of expert videos and articles though.


It doesn't seem like we had a full correction yet


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InvisibleSirShroomsAlott
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Lophosaurus]
    #24894066 - 01/06/18 12:21 PM (6 years, 23 days ago)

Not even close, we haven't even had a real correction yet IMO. We'll probably see a drop to low 500-600 billion market cap levels when the hype train dies off if not lower .


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InvisibleSirShroomsAlott
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: SirShroomsAlott]
    #24894090 - 01/06/18 12:32 PM (6 years, 23 days ago)

The fact money seems to be primarily flowing into whatever is as cheap as possible...dogecoin...nuffsaid.....is what makes me feel that way. I'm not hating on it, people can make money however they want and hopefully they do but billions and billions are flowing into shit crypto and there's nothing to explain it besides hype/FOMO and that'll die down. Hopefully soon before the crash is even more sudden and a lot worse, I'm pretty sure it's been around a 300 billion dollar increase to the market cap in 6 days, that needs to drop since there's literally nothing to explain the increase.


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InvisibleLophosaurus
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: SirShroomsAlott]
    #24894198 - 01/06/18 01:37 PM (6 years, 23 days ago)

It's hard to say what the correction will be IMO because a lot of people just got into the market. Some made a ton of money and will stay in to make more. On the other hand a lot of these people lost money, but even after this big run up it didn't crash that much. With governments making crypto and accepting it and all these big gains people are making will make more news and get more people involved in it. It is possible that the market is just naturally growing and that crypto is here to stay, at least for a few more years. There might not be a huge correction for a while.

Of course, I really didn't get into this until 2 weeks ago. So I don't have much to go on.

I'm still waiting at least another day to see what happens even though it appears to be leveling off now.


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InvisibleSirShroomsAlott
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Lophosaurus]
    #24894253 - 01/06/18 01:59 PM (6 years, 23 days ago)

I've only had my money back into it during the past few months but I used to years ago as well and followed it for years, could be wrong about this time but there's literally never been an increase like this or large increase in general that isn't followed by a large correction, it's honestly needed because a straight upward movement like this isn't healthy and needs to dip hard so it can wash out the weak hands so we can keep it growing legitimately. That's why I decided to take money out while the getting is good and I'm giving it until the end of January before I start moving anything else around because over 300 billion growth to a new all time high market cap in 6 days is a strong upward movement and could continue for at least a few weeks before correcting itself.

And while it may be a little arrogant for me to say, it will definitely correct itself, there's NO reason for it to have grown so quickly and so much in such a short time frame. Even the 650 billion market cap it had before crashing down to lower 400B before the holidays had no explanation but now over 800 billion? This is bound to fall hard and honestly needs to otherwise it will pop since most of the shit growing in price, is literally shit.

I'm not the only one who feels this way, even the creators of some of the crypto that is growing so much find it a joke that their crypto is growing so much considering their crypto was literally created as a joke and a parody of an internet meme taht is all of a sudden growing even though there's been no real implementations to the product in over two years, like dogecoin as one example which is up over 40% since 24 hours ago and almost has a 2B market cap. I wouldn't feel this way if the money was coming in towards reputable products releasing promising things for their project but that's largely not the case all across the board.


Edited by SirShroomsAlott (01/06/18 02:06 PM)


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: SirShroomsAlott]
    #24894335 - 01/06/18 02:32 PM (6 years, 23 days ago)

At the exchanges its like black friday sales though, the system is swamped with people trying to get in to trade, registration stops etc etc.

It isnt just a few big players moving very big money around, things such as the creator of Ripple having at once become the world's fifth richest person has woken up the world to crypto and TONS of people want in.

I'd say we're entering the bubble phase.


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InvisibleSirShroomsAlott
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Asante]
    #24894406 - 01/06/18 03:02 PM (6 years, 23 days ago)

Unfortunately I have to agree, I'm honestly hoping there will be a large and hard correction very soon to remind people it's not as easy as they think to make money and keep the market growing in a healthy way rather than by FOMO, otherwise it's bound to collapse entirely. Depending on how this keeps going I might trade everything into 100% ethereum because I wholeheartedly believe that'll be one of the ones to survive the pop.


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: SirShroomsAlott] * 1
    #24894632 - 01/06/18 05:02 PM (6 years, 23 days ago)

Don't jump the gun!


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Asante]
    #24894640 - 01/06/18 05:05 PM (6 years, 23 days ago)

The 2 billion internet connected people are waking up to the fact that without any significant skill or effort they can use their phone or pc to flip any amount of money numerous times.

This is going to be a multi-trillion dollar market before it collapses.

Everybody who sufficiently thorougly looks into this goes "well, fuck." and gets in the game.



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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Asante]
    #24894856 - 01/06/18 06:51 PM (6 years, 22 days ago)

I hope i can invest enough money before the big "pop". Time is ticking...


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: LogicaL Chaos] * 1
    #24895223 - 01/06/18 09:09 PM (6 years, 22 days ago)

Holy smokes! bnb is over $22 and I bought at 5. ADA is 1.10 bought at .39, iota has finally climbed out of the cellar and in slight profit territory. Verge has done very well, 19.7 cents, got it at 7. Neo is doing well and even a coin I wasn't sure was worth anything, sbtc is worth $121 and that is an airdrop. Enj I bought at a dime is over 50 cents now.

BTG another airdrop is worth $309, btd over $33, an airdrop. Our favorite btc is over 17k again and poised for another leap forward. The best airdrop of all, bch is over 2700 right now.

I don't even know much about most of them, got a tip and jumped in. Anyone sitting on the sidelines is missing out. This is goldrush time.


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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Stonehenge] * 1
    #24895600 - 01/07/18 01:31 AM (6 years, 22 days ago)

Goldrush in the Klondike man, except this time the river is overflowing with gold :awegold:


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InvisibleLophosaurus
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Asante]
    #24896160 - 01/07/18 11:06 AM (6 years, 22 days ago)

Right now I have have my funds divided into

ADA at about 40%

LSK at about 30%. I should probably make this one 40% - 45% though. Right?

XLM at about 30%

For now I'm going to abandon my old strategy even though it more than doubled my money. I'm planning to hold these longer term while day trading them when I'm not busy to increase profits. I might throw some more money into BTC when it drops and use the same strategy.


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Lophosaurus]
    #24896247 - 01/07/18 11:44 AM (6 years, 22 days ago)

>I'm planning to hold these longer term

Good plan

>while day trading them when I'm not busy to increase profits

What do you base your day trading on? Is it a hunch, news articles you read? I would only change my bets based on actual news and various factors. If your hunches are paying off then thats good. Make sure you are calm and relaxed when you decide, its easy to get caught up in emotion. Every trade involves a fee so less trading = more profit usually


--------------------
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: Lophosaurus] * 1
    #24896299 - 01/07/18 12:10 PM (6 years, 22 days ago)

Quote:

Lophosaurus said:
Right now I have have my funds divided into

LSK at about 30%. I should probably make this one 40% - 45% though. Right?





LSK appears to have promising news on the horizon. I'm excited about this one, picked some up this week. I do development work as my day job and Lisk speaks to me.

I currently own:

Neo
Monero
Lisk
Neblio
Vechain

So that'd round out my top 5.


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InvisibleLophosaurus
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Re: What are everybody's Top 5 Cryptocurrencies and Why? [Re: today mylove]
    #24896352 - 01/07/18 12:34 PM (6 years, 22 days ago)

I've only lost a little on like 3 or 4 trades out of around 100.

Here is my method basically. I find something near the low of the day that is a quality crypto.

I load up these stuies
Bollinger
MACD set at 12, 26, 9
MACD set at 3, 5, 13

When I'm day trading I'm mainly concerned about the 30min to 1hr charts. I base my buy and sell points on all 3 graphs, but mostly the MACD with 3,5,13. I check the 5 min graph to get a general time to buy and then buy on the 1min graph. Same with selling. Or I just set buy low and sell high buy orders.

Of course this doesn't work every time so before I buy I make sure to look at graphs and patterns to make sure it has a very good possibility of going up within 3 days. I've also been researching patterns such as the head and shoulders and tea cup which really help sometimes.


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