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re: Official CryptoTalk Thread

Posted on 11/21/21 at 9:37 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 11/21/21 at 9:37 pm to
quote:

buy the coin where the users go and profit. these trends present themselves pretty early if youre paying attention.


Yyyep.

I was following Taiki and yield farming but my bags just aren't big enough for that to matter right now. The extra yield isn't much and not worth my seeking it out. I am finding I'm better served just buying the native token and holding, and let my yield farming be curve's atricrypto staked in Beefy to farm up more BTC and ETH.

I am still farming JEWEL in Defikingdoms, but that's because the APY is still fricking bananas. And I love the product and think JEWEL will go far.


ETA

I looked at my 401k today and saw the APY over the last 10 years or so is 8%... If my employer wasn't matching 5% I'd be really damn tempted to cash it out and do safe yield farms with it.
This post was edited on 11/21/21 at 9:39 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/21/21 at 9:41 pm to
quote:

I am still farming JEWEL in Defikingdoms


dude, do you play this game?

some guy i was DMing on twitter today says hes pulling 6 figures a month on this thing
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 11/21/21 at 10:12 pm to
This cycle looks cooked. Probably a couple weeks left of #altszn but that’s about it. Pretty lame BTC only topped at $69k but the bear won’t be 85% and 4 years, either. Just steadily becoming a macro asset.

I said it was about over back in May after Elon tweet and got downvoted into oblivion. And I still have about half my net worth in SOL for the final leg fwiw.

No one knows anything and I’m just guessing but Three Arrows pumping AVAX like they did defi for a final exit pump back in May and BTC falling below 50MA while alts outperform feels all too familiar.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82093 posts
Posted on 11/21/21 at 10:20 pm to
The 4 year cycles are over IMO
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 11/21/21 at 10:28 pm to
Agreed. People will be offsides expecting that
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/21/21 at 10:35 pm to
yea i put a decent bit into stable yields a few weeks back.

and thats the thing, theres no reason to really cash out to dollars this time around when you just cash out into stable coins, right? so that money is not really leaving the crypto market

i do expect a pretty large dip but i cant see the bear lasting very long.

im also curious to know how the DAO coins will perform
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 11/21/21 at 10:38 pm to
Daos need to sort out where to invest their cash
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 11/21/21 at 11:00 pm to
Market just oversaturated. Too many projects people actually believe in, even though no one uses them. I moved 50% into stables for the yield myself as well. Likely to be fully in stables / USD by EOY.

Tax season is gonna be rough for many and the meme of tax selling is likely to occur this year more than any
This post was edited on 11/21/21 at 11:04 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 11/22/21 at 6:13 am to
I got in too late to buy a hero. Now even a shitty one is $300+
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 11/22/21 at 6:19 am to
I'm not convinced this cycle is done just yet, but 100k before EOY does look unlikely.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 11/22/21 at 6:21 am to
What does the on chain data suggest
Posted by BottomlandBrew
Member since Aug 2010
29380 posts
Posted on 11/22/21 at 8:01 am to
quote:

Jasmy..
I’m gonna keep repeating it.


Not looking too bad this morning.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 11/22/21 at 8:11 am to
Powell apparently is going to stay as chair of the Fed and almost immediately 599 BTC volume green dildo
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17283 posts
Posted on 11/22/21 at 8:36 am to
Nope, they got listed on binance
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 11/22/21 at 8:55 am to
Has anyone else just received a decent chunk of usdc from circle in their coinbase wallet? Almost $600 just showed up in my wallet randomly

Eta: and I’m looking at their transactions and they’re sending out a lot of usdc to many different wallets
This post was edited on 11/22/21 at 8:56 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41886 posts
Posted on 11/22/21 at 9:04 am to
Nope not that lucky
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82093 posts
Posted on 11/22/21 at 9:27 am to
quote:

What does the on chain data suggest
On chain is still saying the bull market is just about halfway done with plenty of upside to be had in the next few months. Coins on exchanges are the lowest they've been in years which is a good sign, but that can change quickly.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 11/22/21 at 9:50 am to
Let's go Algo
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/22/21 at 9:56 am to
i wont convert my btc to stables but yeah i have similar thoughts. plus planb led millions of plebs to slaughter with his 100k predictions; those are the types that are not gonna diamond hand
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/22/21 at 10:04 am to
quote:

On chain is still saying the bull market


i wanted so bad for these metrics to have utility but overall they seem pretty useless

will clemente and willy woo have been calling for the "supply squeeze" for half a year now
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