MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles

[lntense]

Who cares about the last month or 6 months.


Crypto is to be held. Buy eth and Bitcoin and you won’t regret it in 5 years.

[BDSMBBW]

I'm looking to snap up ETH at $500 and DOT at $6. Screw BTC.

lol good luck at getting eth @ 500 anytime soon.

[Trapstar4.4]

Who cares about the last month or 6 months.


Crypto is to be held. Buy eth and Bitcoin and you won’t regret it in 5 years.

Yeah It really is that simple

[2010JW]

Thanks to those who replied the last pages when asked about coinbase. Got you in a bit and sending good vibes to y'all in your trading endeavors

[entropy91]

Just like the last two big pull backs it's been a struggle for bears to get it under 30k. They still have quite a ways to go. Again let's see if they can do it lol

I think the reality is that they have already shaken the weak hands for everything that they can. If you didn't sell on the last two drops then one has to ask what does it actually take? The last pile of fud was actually pretty crazy and scared the sht out of the market.

Do we really think we can get btc to 25k with less fud while developing countries are starting to look at btc the way it was intended? I'm genuinely curious to see what's possible here from a price perspective

https://mobile.twitter.com/100trilli...77006230245376

[BetaAsPhuck]

lol good luck at getting eth @ 500 anytime soon.

I never said I thought it would be soon.

Depends how this bear market plays out. We'll see if we have another bull market in 2022 or if it's another 3 year bear market.

[Abzu]

Age: 51

Good luck with that strategy. Betting on gold over crypto is financial suicide

Lol.

I'm not financially biased.

I'm not a "fan" of BTC, stocks or gold, I'm just squeezing them to quench my thirst.



I'm telling you what I see.

I called the movement on Gold in the stock thread.

There is a relationship between crypto and other financial assets.



I'm right most of the time, soon, most of you will recognize this but I'll have probably moved on by then.

[Maxamanius]

BTC will hit 20k but not before it reaches 100k first

[johnnyboi123]

BTC will hit 20k but not before it reaches 100k first

[The Prime Nip]

Who cares about the last month or 6 months.


Crypto is to be held. Buy eth and Bitcoin and you won’t regret it in 5 years.

Jut LOL at thinking we'll be alive in 5 years when China has taken over the US and other countries

[Maxamanius]

Who cares about the last month or 6 months.


Crypto is to be held. Buy eth and Bitcoin and you won’t regret it in 5 years.

well even better yet, if you wanna escalate your path to wealth pick up alts cheap vs btc value then flip them back to BTC during alt season for 2x, 3x the amount. If you bought 10 ETH with BTC back in January and sold back for BTC in May or June you would've almost tripled or doubled the amount BTC you originally spent on ETH.

[BetaAsPhuck]

Good news for the bulls!

https://www.tradingview.com/symbols/BTCUSDSHORTS/

[buckeyenutz]

Lol.

I'm not financially biased.

I'm not a "fan" of BTC, stocks or gold, I'm just squeezing them to quench my thirst.



I'm telling you what I see.

I called the movement on Gold in the stock thread.

There is a relationship between crypto and other financial assets.



I'm right most of the time, soon, most of you will recognize this but I'll have probably moved on by then.

If you were “right most of the time” you wouldn’t be posting on a bodybuilding forum about stocks and crypto lmao

[Abzu]

If you were “right most of the time” you wouldn’t be posting on a bodybuilding forum about stocks and crypto lmao

That's the funny thing.

I just started trading stocks about 4 months ago and then I began trading crypto later.

I'm only 4 months in and I'm basically Nostradamus already lol, wait til you see what I can do with 1 year experience.



I have a background in poker and sports bets but I barely talk about that because I have already mastered it.

I'm right most of the time there as well.

Check the MMA section.



Once I master this game, I probably won't talk about crypto or stocks.

[Trapstar4.4]

Still trying to get it down to 30k.

A few heavy players including silbert tried to tweet to get people wary of the upcoming week. The price is dipping but still a ways to go before we hit 30k. Still observing. The bears struggle so hard in this range to get it lower

Everybody wanna call for 20k but don't nobody wanna sell lol

[Vampirelol]

That's the funny thing.

I just started trading stocks about 4 months ago and then I began trading crypto later.

I'm only 4 months in and I'm basically Nostradamus already lol, wait til you see what I can do with 1 year experience.



I have a background in poker and sports bets but I barely talk about that because I have already mastered it.

I'm right most of the time there as well.

Check the MMA section.



Once I master this game, I probably won't talk about crypto or stocks.

only losers run their mouth like you do m8

[Lb54TG]

bought 10k of ETH at $2800

not looking good boyos

[wooosh3]

just end me pls

seen nothing but red ever since i started investing in crypto a month ago

[ghostfacedup]

got buys set up around 28K. Can't wait.

[Mogambo]

bought 10k of ETH at $2800

not looking good boyos

You're never going to buy the bottom and sell the top.

$2800 will turn out to be a bargain price for ETH.

If the volatility isn't to your liking, look into dollar cost averaging.

[entropy91]

That's the funny thing.

I just started trading stocks about 4 months ago and then I began trading crypto later.

I'm only 4 months in and I'm basically Nostradamus already lol, wait til you see what I can do with 1 year experience.



I have a background in poker and sports bets but I barely talk about that because I have already mastered it.

I'm right most of the time there as well.

Check the MMA section.



Once I master this game, I probably won't talk about crypto or stocks.

Is this another Pimplemaster alt?

[BDSMBBW]

idk bros getting a lot of early 2018 vibes here in terms of general sentiment. hope 30k holds

[BetaAsPhuck]

just end me pls

seen nothing but red ever since i started investing in crypto a month ago

Brah...I got into Crypto in January 2018... I know your pain. Good learning curve though.

By definition (according to Investopedia) we are in - or very close to being - a bear market, but even now when I woke up I saw a popular crypto influencer still talking about moon fantasies to their followers.

"Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more."

https://www.investopedia.com/terms/b/bearmarket.asp


Maybe there will be a recovery that all us bears are shocked by, but the prudent thing to do now IMO is assume the bear market will continue for the foreseeable future, and adopt bear market strategies. (e.g. selling to buy back lower when the market bottoms out, simply HODLing if you believe in the asset long term, presale hunting, dollar cost averaging, etc).

[BetaAsPhuck]

Everybody wanna call for 20k but don't nobody wanna sell lol

I'm hoping for a quick rally in a couple of cryptos I hold, before exiting and putting the money into HEX. Plan is to buy back lower in some, or just ride the bear market in HEX.

[jimmyfett98]

well even better yet, if you wanna escalate your path to wealth pick up alts cheap vs btc value then flip them back to BTC during alt season for 2x, 3x the amount. If you bought 10 ETH with BTC back in January and sold back for BTC in May or June you would've almost tripled or doubled the amount BTC you originally spent on ETH.

I guess the tricky part here is picking a good alt to buy and hold? vs the chitty alts that might die out in the bear market

[Trapstar4.4]

Brah...I got into Crypto in January 2018... I know your pain. Good learning curve though.

By definition (according to Investopedia) we are in - or very close to being - a bear market, but even now when I woke up I saw a popular crypto influencer still talking about moon fantasies to their followers.

"Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more."

https://www.investopedia.com/terms/b/bearmarket.asp


Maybe there will be a recovery that all us bears are shocked by, but the prudent thing to do now IMO is assume the bear market will continue for the foreseeable future, and adopt bear market strategies. (e.g. selling to buy back lower when the market bottoms out, simply HODLing if you believe in the asset long term, presale hunting, dollar cost averaging, etc).

I would be very careful in switching to bear mode just because of two months if decline. Remember the first month was kicked off by elon and the second was china fud. This Is china as well and we still haven't gone below 30k (for not longer then 1 minute lol).

So to go lower we are waiting on the next round of fud. This downward movement is not organic at all. in a real bear market you don't need fud to move down. So it begs the the question do we recover when the funds stops? I guess we will see. I encourage everybody to do your research and think critically.

I'm not saying we can't go bear but there are a lot of motives with bullhorns right now.

[Edged123]

Scooping up some more Chainlink and Solana

[waytoodeep03]

Eth back under 2k. Not good

What is going on with crypto?

[Trapstar4.4]

Eth back under 2k. Not good

What is going on with crypto?

I think we just need more retail investors to sell. And and we are slowly getting there.

The way of the world is that most of the wealth is in the hands of the big boys and crypto will be no different. More retail needs to sell and then we have them buy back at a much higher level . That's after hedge funds, institutions, and countries take their portions. And the modus operandi is restored.

The dream of having a sht ton of regular folks sitting in wealth just can't happen lol

[HMFIC_BROWSIN]

Eth chart looks like diarrhea.

Tour over?