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Posted on 1/7/21 at 9:34 am to ShootingsBricks4Life
No one can tell you what to do. The second you move away from BTC, the more risk you take. This market will move violently, so unless you are a savvy experienced investor, I would hold until this surge is over.
Posted on 1/7/21 at 9:54 am to AUCE05
How about a little advice for a newbie? I have a coinbase account already I've just never really did anything with it.
Where should I even begin if I want throw some $$$ into the mix?
Where should I even begin if I want throw some $$$ into the mix?
Posted on 1/7/21 at 10:06 am to tgrbaitn08
quote:
Can anyone chime in with some advice for me? Should I sell my Litecoins and convert it to Chainlink or BTC? Maybe even ETH?
I dont think its smart to sell and put money into anything that looks like it needs a correction. If you want to sell and put money into Eth or BTC, then sell and wait for the inevitable 20-30% correction that usually happens in these markets. Personally, Im looking at entries into LTC, so I wouldnt sell it at all until after it makes its run.
quote:
How about a little advice for a newbie? I have a coinbase account already I've just never really did anything with it.
Where should I even begin if I want throw some $$$ into the mix?
If you have to get skin in the game, I'd throw a little at Eth, BTC, and Link, and scale in each time there is a dip. Save your big buys for that big correction around 30% and ape in there
Then you can start putting your money into some of the other coins that have a chance at a moonshot
Ill say this for everyone, I would have significantly more money if I had just put money into three or four projects instead of 15 different coins trying to hit all the moonshots. And I like to think that I've done well after going thru both bull and bear markets in the last four or five years
Posted on 1/7/21 at 10:19 am to rocket31
quote:
yea you can get change your life with the right alt
pissed at myself about. Hadd it yesterday under 0.06 and its at 12 right now and hit up to over 15 this morning
Posted on 1/7/21 at 10:29 am to RATeamWannabe
If BTC hits 40 today I will be impressed
Posted on 1/7/21 at 10:30 am to RATeamWannabe
district0x
DNT
its on CB.
Posted on 1/7/21 at 10:31 am to jimbeam
if it breaks 40k, 50 k will be the correction, so prepare. lots of money to be made in mean time thoguh,
Posted on 1/7/21 at 10:33 am to lsu777
I just threw a lot of money into Bitcoin and ethereum, so if they tank, you know why.
Posted on 1/7/21 at 10:34 am to white perch
quote:
I just threw a lot of money into Bitcoin and ethereum, so if they tank, you know why.
long term, you will realize that at 150% in next 2-3 years so I wouldnt worry about it.
Posted on 1/7/21 at 10:34 am to RATeamWannabe
I will add to this. When I first got into crypto, I was a project/white paper believer. Now I look for what the masses like. Doge is a prime example. LTC will run again.
Posted on 1/7/21 at 10:35 am to lsu777
people have been calling for a "correction" since 25k, guess we will see what happens.
as of right now, there is too much buying pressure for any significant pullback
as of right now, there is too much buying pressure for any significant pullback
Posted on 1/7/21 at 10:35 am to white perch
Thanks. Need to pick up some more under 10k baw
shite at this point 25 is the floor and would be a MAJOR correction.
shite at this point 25 is the floor and would be a MAJOR correction.
This post was edited on 1/7/21 at 10:36 am
Posted on 1/7/21 at 10:37 am to rocket31
quote:
people have been calling for a "correction" since 25k, guess we will see what happens.
as of right now, there is too much buying pressure for any significant pullback
i think this is more of a run like, I beleive 13 was the year, where you see a bull run, a 25% correction then another big bull run that smashes more records. First it will be smart players and big money and then FOMO will kick in like it is now.
Posted on 1/7/21 at 10:40 am to lsu777
yea mostly where im at; seems like we have just as strong of a chance for a blow-off top then a pullback and if you miss the blow-off top by waiting for the pullback, thats not going to be great
Posted on 1/7/21 at 10:48 am to rocket31
Coinbase is going to have to buy some extra servers. It keeps locking up on me.
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