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re: Official CryptoTalk Thread

Posted on 2/28/24 at 10:43 am to
Posted by BottomlandBrew
Member since Aug 2010
27151 posts
Posted on 2/28/24 at 10:43 am to
quote:

If I hit that number, I am out regardless of where we are in the bull market.


Everyone in this thread should have a plan like this. Set targets and stick to them. My first Solana target was hit a few months back, and that paid for a new bathroom. Sure, I missed out on some more money, but I had my target set and cashed some out.

Amen, frick taxes. At least I'm in long-term gains territory and not short term gains.

quote:

65k in 2021 is 74k in 2024. That complicates certain concepts and targets.


I think the unadjusted number is important for headlines and psychology, but yeah, the adjusted number is the one smart people should keep in mind.
Posted by boomtown143
Merica
Member since May 2019
6722 posts
Posted on 2/28/24 at 10:50 am to
Yes, def have a plan and targets to sell at.
Irrational exuberance will hit.


Altcoin season is going to be amazing
This post was edited on 2/28/24 at 10:51 am
Posted by Lawyers_Guns_Money
Member since Apr 2015
393 posts
Posted on 2/28/24 at 10:58 am to
What's everyone's plan then?

frick it, I am setting the below plan for myself. This allows me to get my dream land on 100 acres.

- $150k BTC Target
- $5k ETH Target

This is super greedy too, might need to revisit
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 2/28/24 at 11:00 am to
quote:

What's everyone's plan then?


12x to 15x
Posted by Hateradedrink
Member since May 2023
1301 posts
Posted on 2/28/24 at 11:19 am to
I actually think those are conservative targets.

If those targets get you what you want, I would think hard before adjusting.
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/28/24 at 11:19 am to
$5k ETH is $200 higher than the ATH. If we break ATHs on ETH I doubt it stalls $200 higher, maybe in the very short term, but not medium to longer term. Basically I don't think your target on ETH is greedy.
Posted by Hateradedrink
Member since May 2023
1301 posts
Posted on 2/28/24 at 11:21 am to
Look for a pullback/consolidation in June and through summer. I think we see this because that’s where the cycle low was for alot of coins.

You’ll have a bunch of portfolios in profit and people will have crossed the 1yr threshold for capital gains, so you’ll have people who can cash out satisfied.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 2/28/24 at 11:22 am to
If my holdings are able to pay for my house, I feel like I’d be a fool not to do it. It’d lock in a ton of profit and I would no longer have a mortgage payment and would feel free to have my wife move to part time and spend more time with the kid. That legit may happen next year.
Posted by Hateradedrink
Member since May 2023
1301 posts
Posted on 2/28/24 at 11:23 am to
quote:

What's everyone's plan then?



“It depends”

The ETF has shifted my expectations for BTC to more aggressive targets. Some alt coin news and growth for my holdings has shifted my targets for those.

Basically, I’m looking at where my alt holdings are compared to other established alts that haven’t had big news/changes. If they’re further ahead than I would expect them to be, I shifted expectations a bit.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 2/28/24 at 11:25 am to
Yea again its a peace of mind thing. I could continue to invest with my salary and diversify investments a bit more, stuff like that.

I can cash out right now and pay for my service years, so I feel confident in a run up that will go towards the rest
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 2/28/24 at 11:29 am to
WTH is going on. Even Saylor is probably shock at BTC's current strength lol.
Posted by Hateradedrink
Member since May 2023
1301 posts
Posted on 2/28/24 at 11:30 am to
The ETF is acting like a mega-halvening before the halvening.

Uncharted territory.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 2/28/24 at 11:38 am to
Coinbase wont even load for me.
Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 2/28/24 at 11:42 am to
Yeah, retail broke CB
Posted by 98eagle
Member since Sep 2020
1978 posts
Posted on 2/28/24 at 11:44 am to
quote:

The ETF is acting like a mega-halvening before the halvening.


We are witnessing the first "pre-parabolic" parabolic run.
Posted by Lawyers_Guns_Money
Member since Apr 2015
393 posts
Posted on 2/28/24 at 11:45 am to
Am I the only one who doesn’t know anyone IRL left in the game?

I swear everyone I knew had crypto in 2017, and now 100% of them are out (sold it, lost it, etc).

I legit think I’m the last man standing for people I know in person
Posted by Pezzo
Member since Aug 2020
1974 posts
Posted on 2/28/24 at 11:47 am to
sounds like a buncha paperhands
Posted by nola tiger lsu
Member since Nov 2007
5317 posts
Posted on 2/28/24 at 11:50 am to
quote:

Coinbase wont even load for me


showing 0 balance, they must have issues today
Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 2/28/24 at 11:51 am to
They will fomo back when they see your lambo and new land.
Posted by burgeman
Member since Jun 2008
10365 posts
Posted on 2/28/24 at 11:56 am to
Diamond hands
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