- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
3
Posted on 6/11/22 at 10:31 am to ronricks
Crypto is such a scam, why I invested in bobbleheads
Posted on 6/11/22 at 10:47 am to ronricks
First bear market?
Posted on 6/11/22 at 12:12 pm to ronricks
Good. I'm a late-comer and need to average a lot of stuff down.
Posted on 6/11/22 at 3:17 pm to BottomlandBrew
yeah all you can do is find the projects you believe have king term value and DCA through the downturn. I’m a little worried about potential layoffs/recession so I’m done with big purchases and will stick to the steady smaller buys though the bear market while making sure the emergency fund is secure.
Posted on 6/11/22 at 3:48 pm to Ross
If it aint ETH/BTC or a core service on ETH like LINK... Do not hold lol
Posted on 6/11/22 at 4:05 pm to Hulkklogan
I’m 75% BTC 15% ETH and can’t see that going down. I dabble with LINK, ADA, and SOL. They used to occupy more of the portfolio but obviously have collapsed in value more than ETH/BTC have.
I stake the ADA and have delegated the SOL so I’ll just ride it out with those.
I stake the ADA and have delegated the SOL so I’ll just ride it out with those.
Posted on 6/11/22 at 4:41 pm to Ross
Once ETH can be unstaked, expect another leg down. It's not something to sit in for a while. That also means it will drag down many other tokens. Anyone know a time frame on this?
SOL was my baby, but the chain has stopped so many times that I don't want to touch it until I hear some good news on it. If anyone hears changes are finally made to stabilize the chain, please let us know.
BTC looks like it's ready for another leg down which will pull everything else down with it.
Discretionary spending is being chewed up with massive inflation. It's going to take a while to dig ourselves out of this hole.
SOL was my baby, but the chain has stopped so many times that I don't want to touch it until I hear some good news on it. If anyone hears changes are finally made to stabilize the chain, please let us know.
BTC looks like it's ready for another leg down which will pull everything else down with it.
Discretionary spending is being chewed up with massive inflation. It's going to take a while to dig ourselves out of this hole.
Posted on 6/11/22 at 5:38 pm to tenderfoot tigah
quote:
Once ETH can be unstaked, expect another leg down. It's not something to sit in for a while
ETH will be released from staking in batches over several months. I'm not convinced we'll see a massive selloff, but if we do it'll be a slow bleed
Posted on 6/12/22 at 6:34 am to Hulkklogan
quote:
If it aint ETH/BTC or a core service on ETH like LINK... Do not hold lol
I have 10% of my paycheck going to BTC. Outside of that I’m periodically scooping up Radix and staking that. Looks like BTC might move another leg down which I’m fine with. Will keep DCA.
Posted on 6/12/22 at 8:16 am to Hulkklogan
If I had an investment that declined almost 50% in under a year - I'd be rethinking some things. The crypto crowd isn't convincing anyone else that's not already in this scheme to buy into it. They're all just talking to each other at this point. A 13 year old kid advised me to buy crypto - 13. I've been making plays in the market for 30 years and a 13 year old that couldn't even define what EPS is is advising me to buy crypto. No thanks.
Posted on 6/12/22 at 8:30 am to cable
Then why are you in the cryptotalk thread?
Bookmark this post and check back in 5 years when ETH is up 5x from current ATH.
Many people have been in crypto for 5+ years and have been through multiple bear cycles such as this. I believe in the underlying tech and so I will continue to buy while we are getting discounted BTC + ETH.
Bookmark this post and check back in 5 years when ETH is up 5x from current ATH.
Many people have been in crypto for 5+ years and have been through multiple bear cycles such as this. I believe in the underlying tech and so I will continue to buy while we are getting discounted BTC + ETH.
This post was edited on 6/12/22 at 8:36 am
Posted on 6/12/22 at 8:35 am to Hulkklogan
quote:
Then why are you in the cryptotalk thread? Jesus.
The same reason I've followed shitty investments since I started playing the game. It helps you to learn so you don't frick up and make mistakes. One of first lessons I learned was if a lot of stupid people are in some investment - stay the hell away from it. I'm watching y'all - if I thought this bullshite was viable I'd be in it - it's not and I can tell by the level of discussion that goes on.
Posted on 6/12/22 at 8:46 am to cable
I realize this is the Money board, so that's probably the angle you're coming from. I don't know shite about traditional investment and I don't pretend to. I am a nerdy tech guy and I invest in crypto because I believe in the long-term effects I believe crypto will have globally.
So what discussion would you like to have? I believe in other threads you've mentioned the viability of cryptocurrency as currency, but what about other aspects of the tech that aren't purely about currency?
How about decentralized, permissionless, censorship-resistant, sybil-resistant social media, where you own your posts and can take them to any platform that uses that protocol?
Or.. How about a decentralized music streaming app where fans can buy an artist's albums, and if they have the album in their wallet they get a % of the artist's monthly revenues for that album distributed to them? Artists build community and revenue streams and not solely reliant upon record labels.
How about a decentralized, permissionless VC fund where people choose what treasury funds actually go to, and they get % of revenue from interest payments of funded projects?
List goes on.
So what discussion would you like to have? I believe in other threads you've mentioned the viability of cryptocurrency as currency, but what about other aspects of the tech that aren't purely about currency?
How about decentralized, permissionless, censorship-resistant, sybil-resistant social media, where you own your posts and can take them to any platform that uses that protocol?
Or.. How about a decentralized music streaming app where fans can buy an artist's albums, and if they have the album in their wallet they get a % of the artist's monthly revenues for that album distributed to them? Artists build community and revenue streams and not solely reliant upon record labels.
How about a decentralized, permissionless VC fund where people choose what treasury funds actually go to, and they get % of revenue from interest payments of funded projects?
List goes on.
This post was edited on 6/12/22 at 8:51 am
Posted on 6/12/22 at 9:49 am to cable
quote:
They're all just talking to each other at this point.
In a thread titled Cryptotalk? No way.
quote:
The crypto crowd isn't convincing anyone else that's not already in this scheme to buy into it.
This hasn’t been true at any point in the last decade, and despite your prognostications based on encounters with children, I have trouble believing it will suddenly become true over the next decade.
This post was edited on 6/12/22 at 10:02 am
Posted on 6/12/22 at 9:55 am to Ross
Crypto is about to have a slow bleed to irrelevancy. It had a nice run but it was just a fad.
Posted on 6/12/22 at 10:03 am to Fox McCloud
okay; thanks for the insider info. I’m sure a lot of time and effort went into that analysis.
Posted on 6/12/22 at 10:19 am to Ross
It’s about equivalent to the amount of thought 90% of crypto investors gave when they bought it.
Posted on 6/12/22 at 1:09 pm to Fox McCloud
quote:you are extremely out of touch with reality.
Crypto is about to have a slow bleed to irrelevancy. It had a nice run but it was just a fad.
Posted on 6/12/22 at 1:36 pm to FnTigers
to some extent the crypto community did this to themselves with extremely poor marketing. Promises of 100x gains with the latest shitcoin of the week did a lot of damage to public perception.
However, those that fail to differentiate pump and dumps with projects that actually provide utility or a function that the world could actually benefit from are out of touch. The adoption curve has only steepened with every halving cycle and eventually people will interface with some of these tokens in a daily basis without thinking twice about it.
However, those that fail to differentiate pump and dumps with projects that actually provide utility or a function that the world could actually benefit from are out of touch. The adoption curve has only steepened with every halving cycle and eventually people will interface with some of these tokens in a daily basis without thinking twice about it.
This post was edited on 6/12/22 at 1:36 pm
Page 1961 of 2241
Popular
Back to top
Follow TigerDroppings for LSU Football News