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re: Official CryptoTalk Thread
Posted on 5/30/21 at 11:36 am to maclauer
Posted on 5/30/21 at 11:36 am to maclauer
eth has almost completely re-coupled to BTC for the time being.
other alts have swung but the swing is less dramatic than last week, at least so far, with the exception of ADA.
17% on the day for ADA so far
other alts have swung but the swing is less dramatic than last week, at least so far, with the exception of ADA.
17% on the day for ADA so far
1
Posted on 5/30/21 at 12:49 pm to Tiguar
quote:
looks like we're in the slow-bleed with occasional dead cat bounce phase until proven otherwise
Why all the downvotes for this? Looks like this is exactly what's happening.
Posted on 5/30/21 at 12:54 pm to LSUJuice
quote:
Why all the downvotes for this? Looks like this is exactly what's happening.
I honestly didn’t downvote (pinky promise) but probably because we’re ranging and just made a higher low yesterday. We’re just crabbing and the Elon low hasn’t been broken
Posted on 5/30/21 at 1:35 pm to LSUJuice
I have chilled out looking at daily prices now. Thinking we are going to stay around these ranges the next few weeks/months and then break upwards in July.
Awaiting a LINK summer
Awaiting a LINK summer
Posted on 5/30/21 at 1:40 pm to maclauer
slow bleed isnt over course of days, but weeks/months
lows arent really what I look at here to determine that, highs are.
1d graph shows btc has not held any preceding high during a "bounce" since 5/7
the "bounce" over the next week should tell us a lot. It will be difficult to be excited about anything if its more muted than last weeks
lows arent really what I look at here to determine that, highs are.
1d graph shows btc has not held any preceding high during a "bounce" since 5/7
the "bounce" over the next week should tell us a lot. It will be difficult to be excited about anything if its more muted than last weeks
Posted on 5/30/21 at 1:42 pm to Ron Cheramie
I think June will be hot, especially if stocks stay up here. If I’m wrong then I will have a while to accumulate and just be chilling with my bags. Pretty low stress situation if you’re not levered and have cash flow.
Posted on 5/30/21 at 2:09 pm to Tiguar
Bottoms start somewhere and Elon’s Tesla entry makes a lot of sense. There was a 9 figure buy wall blocking 30k yesterday as well. Fear greed index lower than March 2020, most oversold since March 2020 as well.
I sold the pump last week when alts jumped 60+% due to overextension and have since rebought, continuing to further concentrate in ETH/BTC/SOL. I have considered this weekend a good accumulation spot but to each their own.
I sold the pump last week when alts jumped 60+% due to overextension and have since rebought, continuing to further concentrate in ETH/BTC/SOL. I have considered this weekend a good accumulation spot but to each their own.
Posted on 5/30/21 at 2:44 pm to Tiguar
quote:The past 24 hour charts are identical...
eth has almost completely re-coupled to BTC for the time being.
ETA: My mistake, I read that as "de-coupled"
This post was edited on 5/30/21 at 2:47 pm
Posted on 5/30/21 at 3:06 pm to maclauer
I like your strategy. I'm completely avoiding any token that doesn't have lasting power. Eventually there will be a .com style crash for the s*** coins. There will be winners and you want to be attached to those. Something like Bitcoin isn't going anywhere. I love Link and SOL. I wish I had more of both.
Posted on 5/30/21 at 9:01 pm to maclauer
It’s probably a good accumulation spot depending on your goals.
At worse, you’re probably like 15kish off the crypto winter floor and if you swing trade you can mitigate buying early and maintain exposure if it runs up.
At worse, you’re probably like 15kish off the crypto winter floor and if you swing trade you can mitigate buying early and maintain exposure if it runs up.
Posted on 5/31/21 at 6:33 am to Tiguar
Nice start to a beautiful holiday morning. Hopefully will be taking some profits later 
Posted on 5/31/21 at 11:44 am to CecilShortsHisPants
Celsius further decreased their stable coin rates to 8.88% from 10%. Damn
Posted on 5/31/21 at 11:46 am to TigerTatorTots
That sucks but still isn’t terrible- better than a traditional bank
This post was edited on 5/31/21 at 11:47 am
Posted on 5/31/21 at 12:12 pm to Tiguar
Definitely, can’t complain compared to a bank. I started when it was 13.5% and to see it dwindle down isn’t fun
Posted on 5/31/21 at 12:27 pm to TigerTatorTots
Lots of chatter about India “unbanning” crypto. Not really sure if that’s an accurate representation of events but the news may be enough it reverse the recent bearishness.
Posted on 5/31/21 at 12:30 pm to TigerTatorTots
yield will continue to fluctuate with the Bitcoin contango
it's dropped from over 20% to 10% now
it's dropped from over 20% to 10% now
Posted on 5/31/21 at 12:57 pm to rocket31
In case anyone is interested,
Live AMA for dude making a case for $150K ETH
Update Link:
https://www.youtube.com/watch?v=wtLRhpKEqPg
Live AMA for dude making a case for $150K ETH
Update Link:
https://www.youtube.com/watch?v=wtLRhpKEqPg
This post was edited on 5/31/21 at 1:03 pm
Posted on 5/31/21 at 1:39 pm to tagatose
quote:
In case anyone is interested,
Live AMA for dude making a case for $150K ETH
Posted on 5/31/21 at 6:15 pm to Tiguar
the you tube gang seems to be pushing the institutional buying theory, DCA, and hold.
This narrative of bull run phase 2 is starting to gain traction. Hmm, what to do.
This narrative of bull run phase 2 is starting to gain traction. Hmm, what to do.
Posted on 5/31/21 at 6:36 pm to down time
do nothing unless btc hits 33k or breaks 42k
difficult to go wrong with that
difficult to go wrong with that
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