Started By
Message

re: Official CryptoTalk Thread

Posted on 5/15/21 at 5:00 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 5/15/21 at 5:00 pm to
To answer your question, there is no telling if the timing will all be the same
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10607 posts
Posted on 5/15/21 at 5:08 pm to
There's always something running. Matic is today. I don't really understand it, so I'd just trade it if I was to mess with it.

I get paid 6% to stake some coins, mostly Algogrand. I'm comfortable with this. I don't understand how to keep chasing income by changing exchanges, and get 12% like others are. And frankly, I'm not comfortable with exchanges that aren't insured against cyber and crime.

I own ADA and I just watch it. Long term I'll probably sell 1/2 of it if it gets to $3.00. I'm comfortable with this. I'll let the rest ride.

Early on I bought OXT. I didn't understand it when I bought it. I still don't. I should have never done this. When it is anywhere above breakeven, I'm gone. I also relearned a valuable lesson. Trading is trading, and investing is investing. Buying OXT and hoping it goes up isn't either of these, and I was stupid to do this.

The only questions I have about my long term holds, which are BTC and ETH, is when to buy more, when to sell covered calls, and when to place protective puts.

So I follow all of this fairly closely, and it isn't even approaching the time some on here must put into this. I guess my point is, I don't get too excited about my long term holds. I do what I'm comfortable with. And I don't get caught up in Elon Musk's drama, or any drama or stress over any of this. So really the only thing I need to do is make sure I follow this closely enough to know how and when "they" will pick the eventual winners. For now I'd guess that to be BTC and ETH. The rest is really not important.



Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/15/21 at 5:14 pm to
no one knows. i would anticipate a lot of people trying to front-run the anticipated dip buy selling before others do

this cycle could be completely different though
Posted by WhoDat9090
Member since Oct 2019
1692 posts
Posted on 5/15/21 at 5:39 pm to
Harmony - ONE is running today. It seems undervalued at 0.16-0.18 compared to many other cryptos with everything Harmony has got going on with it.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/15/21 at 6:33 pm to
quote:

This kinda feels like the beginning of the end


Thisbis how you know it isn’t. When everyone is SURE BTC is going to $350k any day now, that’s when it’s the end.

Funny because I made one post about the waters seeming murky and it was followed by several pages of hyperbullish incredulity to my view
Posted by ronricks
Member since Mar 2021
11216 posts
Posted on 5/15/21 at 6:38 pm to
Anyone hold any Bitcoin Cash (BCH)?
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 5/15/21 at 7:27 pm to
Have any of y'all messed with the kucoin trading bot? I'm looking to set up something like buying x amount if the price hits 15% below the 3 day average.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 5/15/21 at 8:09 pm to
The bot for dollar cost average is cool. The grid trading bot just makes or loses money with the float of the coin. If the grid bot is in the green just shut it down.
This post was edited on 5/15/21 at 8:18 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 5/15/21 at 9:27 pm to
quote:

I’m having boomers ask how to get in daily.


Yeah, but I think at some point it will come crashing down if nobody actually uses it to buy things. I think it'll be a while but still..
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 5/15/21 at 9:55 pm to
Geez. I signed up with Bittrix to buy some shitecoins that aren't available on Coinbase Pro and two cards were flagged and declined when I tried to make a deposit.

I thought they were legit and based out of Seattle?
Posted by Michael J Cocks
Right Here
Member since Jun 2007
47157 posts
Posted on 5/16/21 at 5:35 am to
WTF is going on with Numeraire? Up 70% in just under 40 mins.

And 2.) Does MATIC seem to have as much long term potential as ADA?

If you guys had 13K at the moment, what would be your top 4 to divi it into?

No trigger pulls yet, but I feel like...
1.) ADA
2.) LINK
3.) MATIC
4.) ALGO(I’ve had a soft spot since the beginning.

And just been lurking on here since February. Always a wealth of information and I very much appreciate it!
Posted by Michael J Cocks
Right Here
Member since Jun 2007
47157 posts
Posted on 5/16/21 at 5:39 am to
quote:

Anyone hold any Bitcoin Cash (BCH)?


When the 1st round of Stimulus came in 2020, I picked up $1500 and haven’t touched it.

It’s been pretty good to me.

Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3749 posts
Posted on 5/16/21 at 5:54 am to
Why did NMR just shoot up 60% in an hour? I had no clue what this was, so I googled...
quote:

Numeraire is an Ethereum token that powers Numerai, a San Francisco-based hedge fund that crowdsources artificial intelligence to make investments in major stock markets around the world. Numeraire (NMR) holders can stake their NMR tokens every week on specific predictions.


Musk?
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/16/21 at 8:25 am to
quote:

rocket31


Question for you

You've mentioned you're mostly in stablecoins right now. Is that in anticipation of an incoming bear market, or did you just get out of positions as soon as the market started this recent downturn with Musk being Musk?

Even with all of this volatility the last week, I'm still up pretty big on my altcoin positions and considering taking profits and holding them in stablecoins. I went in with the goal of long-term holding, but if I can take money now and get back in during a bear market later, seems like I'll be better off for it (assuming these alts don't blast off again until next bull cycle).
This post was edited on 5/16/21 at 8:27 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/16/21 at 11:01 am to
yea i converted 70% of my wallets into stables after the musk tweet. i dont think the bear market is here but id like to see a positive catalyst before jumping back in 100% and the fact that musk can move the market so much when i feel hes unhinged concerns me.

of the 30% im still holding, its less bitcoin and more alts (ETH, BNB, SOL, XLM, DOGE)

btw nexo is great for moving into stable coins quickly while blockfi does not allow Louisiana residents to do so for some reason. celsius does not either
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/16/21 at 12:05 pm to
BTC testing lower support again around 47k

Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/16/21 at 12:08 pm to
1m graph looks pretty bad for btc.

It looks like 46k is critical support. If it closes below that... oof
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/16/21 at 12:13 pm to
Whole market sucks today. At least my portfolio has taken a beating.
This post was edited on 5/16/21 at 12:14 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/16/21 at 12:18 pm to
Thanks. That's what I figured, but you've been around crypto for a long time and wanted to understand what you're doing.

I'm waffling on taking profits. Being greedy has burned me a couple times but I think the market will come back from this current dip and I can take more profit.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/16/21 at 12:19 pm to
Yeah, SOL (my #3 hodling) swam upstream to ATH this morning but has since been washed away with everything else
first pageprev pagePage 1501 of 2241Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram