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re: Official CryptoTalk Thread

Posted on 1/19/25 at 12:25 pm to
Posted by Hogwall Jackson
Member since Feb 2013
5274 posts
Posted on 1/19/25 at 12:25 pm to
quote:

need an exit stratedgy for this… up over $6k.



Easy. Pull out the 6K and leave your original investment in.

This is coming from someone who got in at 2.50 and sold Saturday morning. I wish I could go back and do this strategy.
Posted by LordSaintly
Member since Dec 2005
42365 posts
Posted on 1/19/25 at 12:29 pm to
I decided to jump in at around $61. I’m very late to the party, considering I saw it at around $10.

Congrats to all who got in early. I’m hoping to at least 2x from here, but I’m holding until either the Coinbase listing or the inauguration.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 12:48 pm to
Just sold 1/4 of my SOL stack. Its probably going higher but I've been in since ~$10 and its time to see some profits on this Trump spike
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 1/19/25 at 12:51 pm to
Almost 30x on the front end of a bull run is never a bad decision
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 1/19/25 at 7:18 pm to
99k~ is the price to watch here for btc.

Bounce off it and we’re still looking good. Sustain below and we’ve reset back into range bound action.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 7:57 pm to
I guess I lucked out with that SOL sale timing before Trump's team royally fricked the entire industry with that grifting BS today. Who in their right mind is advising him and thought it was a great idea to immediately launch another scam coin less than 48 hours after they launched his?
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 1/19/25 at 8:06 pm to
There is a whole conspiracy thread from twitter posted in r/cryptocurrency.

LINK

The tl;dr of it is a wallet got a bunch of trump coin near launch, then disseminated it to a bunch of other addresses that then dumped on dex’s right when Melania coin was announced.

Shrug. Every cycle has its bullshite. Last cycle was Elon shilling doge. I think one of the main takeaways here is that while this cycle may be different, it probably won’t be overtly so.
This post was edited on 1/19/25 at 8:12 pm
Posted by jefforize
Member since Feb 2008
45772 posts
Posted on 1/19/25 at 8:29 pm to
quote:

Trump's team royally fricked the entire industry


Slight over-reaction, I think.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 8:48 pm to
Probably so, but it holds true at least short term. We shall see how what happens when the dust settles.

Safe to say this is no longer the bitcoin president that the maxi's, myself included, were hoping for.
Posted by Hank Tank
Member since Nov 2024
272 posts
Posted on 1/19/25 at 8:57 pm to
Really depends on what the coin does. If it holds steady around $40-50 then increases who cares. If it tanks down to under $10 then yeah it's worse than the Hawk one.
Posted by jefforize
Member since Feb 2008
45772 posts
Posted on 1/19/25 at 8:58 pm to
I speculate that since this entire event has brought a lot more new liquidity on chain, and people have their wallets and coin brokerages funded, and have learned how risky the memecoin game is, that more USD will find its way into bitcoin.

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 9:43 pm to
Their whole debacle did knock off $250 billion from the total crypto market cap in the matter of a couple hours
Posted by Hank Tank
Member since Nov 2024
272 posts
Posted on 1/19/25 at 9:59 pm to
Seems to be holding steady at 45ish right now. I don't see how this drop from $79 is any different than LINK hitting 49 then a day later trading at 30 or BTC hitting 20k and dropping down to 6k a week later.


I'm not sure if this is a complete rug pull or a sell off for another coin yet. You've been around crypto awhile and you've seen coins drop and come back and you've seen complete rug pulls. XRP is a great example as it hit almost $4 the dropped to cents only to make a comeback 7 years later.

Hell today alone I've had several coins drop 30-40% which fricking sucks
This post was edited on 1/19/25 at 10:08 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 10:12 pm to
The difference is the timing and optics of how it all went down. Just a terrible look
Posted by Hank Tank
Member since Nov 2024
272 posts
Posted on 1/19/25 at 10:18 pm to
I'll agree a terrible look as it hit 79 today and now trading at 45. However, it isn't a complete tank and could be a hype move where 40-45 is where it sits like several other coins.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82089 posts
Posted on 1/19/25 at 11:02 pm to
I’m not talking about price. I’m talking about launching a meme coin with no utility 2 days before taking office that’s 80% controlled by insiders, only to turn around and launch your wife’s no utility meme coin less than 48 hours later. Just scream grift all around. Little care for the industry as a whole if you are going to grift on not even day 1 of supposedly being the bitcoin/crypto president. Just terribly thought out
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
53928 posts
Posted on 1/19/25 at 11:14 pm to
I agree. Anyone disagreeing with that basic sentiment is wild
Posted by LordSaintly
Member since Dec 2005
42365 posts
Posted on 1/20/25 at 1:02 am to
108K
Posted by TechDawg2007
Bawville
Member since Nov 2007
32513 posts
Posted on 1/20/25 at 5:17 am to
XRP $3.30
Posted by Who_Dat_Tiger
Member since Nov 2015
24888 posts
Posted on 1/20/25 at 7:11 am to
quote:

Shrug. Every cycle has its bullshite. Last cycle was Elon shilling doge.
I highly doubt he’s done. With meme coins getting attention over the $Trump and Melania nonsense I suspect the king of memecoins will explode over $1 once Dept of Government Efficiency starts chugging along and Elon starts pumping. The naming of DOGE obviously wasn’t coincidence
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