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tomnl
Beginner



Registered: 06/16/08
Posts: 1,635
Loc: Under the shroom
Last seen: 5 hours, 30 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Grimsweeper]
#27462525 - 09/10/21 12:25 AM (2 years, 4 months ago) |
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I'm more interested in the Oracle, which Shib uses.
Greets Tom
-------------------- Been away so long I hardly knew the place Gee, it's good to be back home Leave it till tomorrow to unpack my case Honey disconnect the phone I'm back in the USSA You don't know how lucky you are, boy Back in the US Back in the US Back in the USSA
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Ima Trooper
Chilldog Extraordinaire



Registered: 02/21/08
Posts: 13,533
Loc: United States
Last seen: 2 days, 12 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: tomnl]
#27462689 - 09/10/21 06:26 AM (2 years, 4 months ago) |
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Sold 30% of my Algo yesterday at $2.25
Sold 40% of my remaining Sol at $194 a couple days ago.
Is it weird that I'm more comfortable with crashes and serious dips because I am more comfortable with the prices low than high? I think buying low gives me more dopamine than selling high, because as I'm selling I'm thinking "will I look at the price 5 years from now and think "Oh god, if only I had kept it all".
-------------------- "Its moving of its own accord...and I like that in a shirt!" - Me, tripping. deCypher said: Schizophrenia beats dining alone, you know.
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Ima Trooper]
#27462772 - 09/10/21 08:39 AM (2 years, 4 months ago) |
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I think a lot of coins have another 300% growth to go before a bear market comes. I bet on a $400 SOL. But its good practice to lock in the gains after at least 2x. I plan on farming yield and bulking up hodls in the bear market
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees]
#27463402 - 09/10/21 05:56 PM (2 years, 4 months ago) |
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Guess it was a decent time to run out of money and exit crypto.
Missed that last spike over the course of a few days or whatever but can currently buy back in at very much reduces price..
Pure luck.
Have a check I can use if need be should things decide to turn.
Haven't looked at the charts in depth at all but gonna start watching for any potential opportunities
-------------------- Within You , Without You
      
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Hikeadellic
Fungi Fan



Registered: 08/31/20
Posts: 1,227
Loc: Appalachian Trail
Last seen: 7 hours, 44 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#27463414 - 09/10/21 06:16 PM (2 years, 4 months ago) |
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I think ACH is at a good entry point, might drop a little further but you can never perfectly time the bottom.
I've been having lots of fun trading it lately
I think BTC has a very long way to fall and as more time goes on the more I think things are going to turn out like 2017-18
Still holding the same bear position on BTC.
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic]
#27463427 - 09/10/21 06:31 PM (2 years, 4 months ago) |
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I could see things going either way
Right now I'd expect tests of lower prices, in particular the 20 and/or 50ma on the weekly chart. Those levels are where I'd look for reversal opportunities.
Unless we can reclaim moving averages on shorter time frames, then I'd consider taking a shorter term trade in anticipation of a rejection from above
I guess that means my current sentiment is bearish
-------------------- Within You , Without You
      
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Nimpo
Big Black


Registered: 05/10/12
Posts: 2,375
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#27463512 - 09/10/21 07:46 PM (2 years, 4 months ago) |
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Ive been fortunate to have consistent work coming in for months so i wouldnt mind us crabbing or bearing down for a while, just to keep DCAing in.
Im also well positioned for a proper bull, so it can go either way and ill be happy.
Nice snipes Grim!
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Loaded Shaman
Psychophysiologist



Registered: 03/02/15
Posts: 8,006
Loc: Now O'Clock
Last seen: 28 days, 1 hour
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nimpo]
#27463682 - 09/11/21 01:00 AM (2 years, 4 months ago) |
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Totally pulled 100% out of BTC this morning and dumped it all into physical silver.
Zero regrets.
See you on the other side, Shroomies.
--------------------
  "Real knowledge is to know the extent of one’s ignorance." — Confucius
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nooneman


Registered: 04/24/09
Posts: 14,555
Loc: Utah
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Loaded Shaman]
#27463730 - 09/11/21 02:57 AM (2 years, 4 months ago) |
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Have fun!
I'm gonna buy the crap out of this drop in prices as it drops further. Here's hoping it goes lower.
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budmanman
OTD Masterbater



Registered: 02/07/07
Posts: 17,974
Loc: PNW
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: nooneman]
#27464091 - 09/11/21 11:30 AM (2 years, 4 months ago) |
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This drop, though concerning has a very healthy feel to it.
-------------------- Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal. And I am mentally unstable.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 7 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman]
#27464109 - 09/11/21 11:52 AM (2 years, 4 months ago) |
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Quote:
budmanman said: This drop, though concerning has a very healthy feel to it.
The longer crypto consolidates and the longer the cycle goes, the higher it goes. Hopefully we go into the 2nd Q of 2022, if not longer. Hell, we don't even have any crypto ETF's yet, we have a long way to go in my opinion.
The crypto market cap peaked on May 12th at $2.5 trillion, it then bottomed on July 20th at $1.2 trillion. Today, the market cap is at $2.1 trillion and was near 2.4 trillion on Sept. 7th. Either way, I see at least a $10 trillion market cap before it peaks and I think I'm being pretty conservative. I wouldn't be surprised to see it going to $12-14 trillion.
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budmanman
OTD Masterbater



Registered: 02/07/07
Posts: 17,974
Loc: PNW
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: qman]
#27464124 - 09/11/21 12:08 PM (2 years, 4 months ago) |
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There is about 100 trillion in regular currency right now, it almost feels like it is possible that crypto could wind up over valuing real money in 10-15 years.
-------------------- Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal. And I am mentally unstable.
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman]
#27464143 - 09/11/21 12:34 PM (2 years, 4 months ago) |
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We are lucky in that we will be the whales of 2025 and forever after
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Hikeadellic
Fungi Fan



Registered: 08/31/20
Posts: 1,227
Loc: Appalachian Trail
Last seen: 7 hours, 44 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees]
#27464156 - 09/11/21 12:48 PM (2 years, 4 months ago) |
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ACH is up 10% from yesterday, thinking we are going to have a good week
The rest of the market, not so much...
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic]
#27464359 - 09/11/21 03:21 PM (2 years, 4 months ago) |
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DOT looking interesting to me
Btc and eth aren't
Same with ADA
Only 4 I've looked at
Prolly keep my eye on dot
-------------------- Within You , Without You
      
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Feasoghorm

Registered: 10/24/18
Posts: 4,384
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#27464673 - 09/11/21 07:47 PM (2 years, 4 months ago) |
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I got friends that think ETH is going to 10k once they fix their scalability issues. Seems like the smaller blockchains are pumping cuz peeps is putting money into them cuz everyone is like "Fuck Ethereum! Cost of moving shit around is fucking insulting."
Whatchu think bout it, mine crypto homies?
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Feasoghorm]
#27464736 - 09/11/21 09:20 PM (2 years, 4 months ago) |
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Personally I don't try to predict price
But I hardly know anything about crypto
Seems speculative and I'm not sure how it would benefit my personal trading strategy which is largely shorter term
If you were to buy with the intent to sell at 10k in the relative short term, having a predetermined price target could cause you to miss a good selling point or even potentially sell too early
I sold eth at 1800 for what I thought was a huge overall gain between trading back and forth on its rise
Not long after it broke away from btc and doubled in price
But I guess idk if eth will go 10k or not. Or when. Seems very speculative given current environment
For me it would need to break previous ath before I gave any thought to how high it could go
-------------------- Within You , Without You
      
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 6 days, 9 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] 1
#27464810 - 09/11/21 10:30 PM (2 years, 4 months ago) |
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Despite the coin if I'm at the top of my game I'll set 2 buy and sell order for every coin I own and make adjustments as I see fit. In periods of volatility things can get wonky but I aim to buy 15% of my available fiat at a 20% dip of a coin and sell 15% of what I gained at a 20% increase. As they execute I set new orders based on what's occurred. That being said I've made a shit ton of trades in the last 60 days but haven't done much with my largest holding (ETH). I have some make up work to do since the crash in May. Next sell order for ETH is 4 ETH @4490.05.
These are (soft) numbers. I'm also looking at previous highs and lows and make adjustments accordingly based on how diligently I've been watching the market.
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
Edited by Grimsweeper (09/11/21 10:37 PM)
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Grimsweeper]
#27464817 - 09/11/21 10:38 PM (2 years, 4 months ago) |
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Very nice
-------------------- Within You , Without You
      
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 6 days, 9 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#27464822 - 09/11/21 10:44 PM (2 years, 4 months ago) |
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By the way CB pro has adjusted the pricing on shib to reflect the rest of the market. It all happened so fast I lost track of my earnings but somewhere between $3500-$4500 on a $500 investment. It's still there as fiat in my account. Anyone else get in on that?
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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