MISC Crypto Crew (MCC) Vol: XV: Getting Zucked into the Metaverse

[JamesA1990]

Does CRO, MATIC, and AVAX fall into bs alts that you guys are discussing?

Id like to think not. Heavy in MATIC and still accumulating CRO.

[Cinderblock]

Looking at the top 30 coins by market cap from the middle of January 2018.

Take a guess of how many coins made an ATH since then?

Let’s take a look.

New ATH since January 2018, Yes or No?

BTC - Yes
ETH - Yes
XRP - No
BCH - No
ADA - Yes
LTC - Yes, barely, briefly
XEM - No
XLM - No
NEO - No
IOTA - No
EOS - No
DASH - No
XMR - Yes, barely, briefly
TRX - No
BTG - No
ETC - Yes
ICX - No
QTUM - No
LSK - No
NANO - No
OMG - No
ZEC - No
BNB - Yes
XVG - No
STRAT - No
BCN - No
SC - No
BCC - No
PPT - No
VEN - No

Only SEVEN out of the top THIRTY (7 / 30 = 23.3%) coins made a new all-time high since then.

The coins are: BTC, ETH, ADA, LTC (briefly), XMR (briefly), ETC, BNB.

Of those seven coins, only FIVE made an ATH long enough for any investor to realistically profit near the top ( 5 / 30 = 16.7%).

This proves:

- Even projects that seem fairly damn solid can fall off in this space, and fall off quickly.
- Understanding the fundamentals of a project is super important if you want to increase your chances of making a profit.
- Actually taking profits after your investment goes for 5x, 10x or 25x is probably a smart idea. Very few projects continue to see large growth through multiple long bear/bull cycles.
- This time could be different, but also might not be.

oh fuk, pls hold me.

[Horse86]

My card was a shade under 4 weeks from "issued" to shipped and at my front door. Some pages back, someone recommended going on the Crypto ******** and and DM the rep there for an update. I did and never got a response. IDK if it made a difference but two days later it said "shipped" and was delivered within that week.

Hmm. I pinged several US ambassadors from the ******** group and was ignored by them all. Mine still sitting at “issued” 6 weeks later.

[Parkerscott]

Chit is pumped 20,000% and people are like "it hasn't even really pumped yet" like the market owes them something

"it hasn't even really pumped yet" pulls up a chart and its pulling a 10,000% godwick with no revenue and a rumor of a proof of concept with some dying business. This time is different though. The market has matured and we can't have bear markets anymore. Number only go up.

[luckyboy23]

Hmm. I pinged several US ambassadors from the ******** group and was ignored by them all. Mine still sitting at “issued” 6 weeks later.

I got my green jade pretty quick. I upgraded to icy white and it's been nearly 3 months. It's also been on "issued" for at least 6 weeks.

[entropy91]

"it hasn't even really pumped yet" pulls up a chart and its pulling a 10,000% godwick with no revenue and a rumor of a proof of concept with some dying business. This time is different though. The market has matured and we can't have bear markets anymore. Number only go up.

I'm not rich yet! It has to keep going up! I can still sell jpegs for passive income right?

[Agego]

Id like to think not. Heavy in MATIC and still accumulating CRO.

Just need to DCA into CRO and be patient with it. Stake for the Jade/Icy card depending on preference and position size, and then DeFi stake the rest of it.

It should (famous last words) go back up and surpass it's ATH. The market cap is only $9bn.

[W1LLW]

That isn't true in this space at all. Tons of the top projects in the crypto space last cycle never recovered.

member QNT? laugh, my, ****ing, ass off at that one guy shaming brbacquiring for selling his bag at like 320. Guy aped in around $250 or $300 and i've literally never seen him post itt again. QNT current price $100...

IF you have a solid project, that's great and all but you have to recognize hype and selling points. I remember when trapstar first put the thread on Saitama late septemver/early october last year. I could just see from the guerilla style shameless twitter marketing of rappers and IGthots that it was gonna blow up on product launch. I said you'll never see the price as high as it is the day before or the day of the "wallet launch" in vegas.

anyone wanna take a guess, when the wallet release was on this chart?








Also, no secret i'm a Metis maxi but i'm not diamond handing that into oblivion either. I'm actually waiting for price action on Wednesday to determine my next entry. You can believe in a project and not be absolutely potato with your capital.

Just need to DCA into CRO and be patient with it. Stake for the Jade/Icy card depending on preference and position size, and then DeFi stake the rest of it.

It should (famous last words) go back up and surpass it's ATH. The market cap is only $9bn.

Another example of an amazing project with good AND horrible points of entry. Anyone who aped in and staked during the staples renaming announcement basically blew up that position. That said, just a cursory glance at CROs 3 month chart would show you that you'd be absolutely retarded not to be buying CRO at these levels if you were in fact wanting to get in.

[entropy91]

member QNT? laugh, my, ****ing, ass off at that one guy shaming brbacquiring for selling his bag at like 320. Guy aped in around $250 or $300 and i've literally never seen him post itt again. QNT current price $100...

IF you have a solid project, that's great and all but you have to recognize hype and selling points. I remember when trapstar first put the thread on Saitama late septemver/early october last year. I could just see from the guerilla style shameless twitter marketing of rappers and IGthots that it was gonna blow up on product launch. I said you'll never see the price as high as it is the day before or the day of the "wallet launch" in vegas.

anyone wanna take a guess, when the wallet release was on this chart?








Also, no secret i'm a Metis maxi but i'm not diamond handing that into oblivion either. I'm actually waiting for price action on Wednesday to determine my next entry. You can believe in a project and not be absolutely potato with your capital.




Another example of an amazing project with good AND horrible points of entry. Anyone who aped in and staked during the staples renaming announcement basically blew up that position. That said, just a cursory glance at CROs 3 month chart would show you that you'd be absolutely retarded not to be buying CRO at these levels if you were in fact wanting to get in.

I don't really understand the logic of thinking the space has matured and it's not like 2018 as we literally plummet 60% in 2 months. Cognitive dissonance at ATH.

[Agego]

Another example of an amazing project with good AND horrible points of entry. Anyone who aped in and staked during the staples renaming announcement basically blew up that position. That said, just a cursory glance at CROs 3 month chart would show you that you'd be absolutely retarded not to be buying CRO at these levels if you were in fact wanting to get in.

Absolutely. Trading volume is still a fraction of what it was, doesn't even pass $200m most days anymore. Seeing lots of fud from people who staked for Obsidian at ATH though.

[entropy91]

Absolutely. Trading volume is still a fraction of what it was, doesn't even pass $200m most days anymore. Seeing lots of fud from people who staked for Obsidian at ATH though.

What's the FUD?

[Agego]

What's the FUD?

For me personally nothing but there's still lots of teething issues that they need to sort with the app, customer support, the card delivery etc - price booms from multi-million dollar marketing exploits won't last forever.

With the cards, I see people regretting staking for Obsidian when ATH prices gave them the opportunity, wishing they'd stayed at Icy and realised some gain or staking elsewhere. The jump in stake price from Icy to Obsidian doesn't really seem worth it when comparing the card rewards at the moment.

[W1LLW]

Absolutely. Trading volume is still a fraction of what it was, doesn't even pass $200m most days anymore. Seeing lots of fud from people who staked for Obsidian at ATH though.

I wouldn't believe fud from anyone who bought above 0.30. Crypto.com was an amazing ecosystem and platform that could be had for under 20cents for nearly all of 2021. All their nft's, Formula1 partnerships, philly 76ers partnership, the details around their rewards cards, community engagement, their (then) marketcap being a miniscule fraction of binance/coinbase despite having a phenomenal platform. They checked every box for things an investor would be thrilled to throw money into.

Apes, smooth brains, and moonboys jumping in without any research deserved any draw down that came to them because CRO was an untapped gem for an entire ****ing year that was mentioned in here dozens of times before the staples announcement, but casuals don't want to buy anything until there is meaningless guerilla marketing on twitter/reddit for it.

With the cards, I see people regretting staking for Obsidian when ATH prices gave them the opportunity, wishing they'd stayed at Icy and realised some gain or staking elsewhere. The jump in stake price from Icy to Obsidian doesn't really seem worth it when comparing the card rewards at the moment.

This is also fuking retarded logic on their part. I'll be the first to tell you the Indigo/Jade is the best bang for buck card in that whole offering. Lockup is only 4k, 3% cashback in CRO which destroys any traditional credit card return, and free spotify/netflix. Not to mention the airport lounge access (i just used this flying home from ***** last week). Morons locked up an additional $360,000 of capital from the icy white tier to get access to the "private jet partnership" they can't even really afford anyway. And the percentage of return on spend is only 3% more??? That is the dumbest fuking decision ever. The only time getting the Obsidian card would have made some sense, is back in Jan2021 when CRO was 0.06 and you only needed $100,000 worth for the obsidian card.


TLDR: Only start/initate a stake for CRO cards when CRO is on a new price floor. Like now.

[W1LLW]

Just received this. Just lol, I was big xrp maxi in 2020. I wonder how much they're worth.

[entropy91]

Just received this. Just lol, I was big xrp maxi in 2020. I wonder how much they're worth.

Fuark CB never gave me my flare tokens

[ghostfacedup]

Just received this. Just lol, I was big xrp maxi in 2020. I wonder how much they're worth.

lmaoo, I still have a couple G's worth of XRP, JUST IN CASE it goes bonkers. but it's probably going to end in a nothingburger. The XRP maximalist community is INSANE.

[Equiinox]

Currently staking $Looks for a juicy 600% APY for a couple more weeks.
And for longer term $CRV through Convex as a CVXCRV token for 50% APY.

Both tokens also appreciate so you get a stable income and value appreciation.

NFA

[W1LLW]

Guy in our discord came up with the next crypto thread name on accident: Maybachs or Big Macs

+1 vote for me.

Fuark CB never gave me my flare tokens

bro... i got dropped 5600 tokens worth a whopping $500 something dollars because they're only 0.08 each. 3 months ago they were going for 0.55 each. That feel when rugged by exchange. Not even going to bother selling them, just gonna hold until they become something of decent value.

Currently staking $Looks for a juicy 600% APY for a couple more weeks.
And for longer term $CRV through Convex as a CVXCRV token for 50% APY.

Both tokens also appreciate so you get a stable income and value appreciation.

NFA

Definitely financial advice. Definitely don't do your own research.

[tadpole25]

I've told people the past few months that crypto was going to correct, and wait to buy low.

But crypto enthusiasts want to believe what they want to believe. If they're holding onto bags, they'll believe that their bags will go up no matter what.

[W1LLW]

I've told people the past few months that crypto was going to correct, and wait to buy low.

But crypto enthusiasts want to believe what they want to believe. If they're holding onto bags, they'll believe that their bags will go up no matter what.

Nothing worse than a nobody-ass random popping up 3 days after a correction to say he was calling the crash to nobody anyone knows. lol what was even the point of this post? WOWWW uR So CoOl BrO! CaN i GeT uR tWittEr acCOUNt tO fOllOW yOur CallZ?


negged.

[jamalfudge]

Fuark CB never gave me my flare tokens

I had my XRP on Exodus and had to jump through a few minor hoops to get my SGB. Wanted to flip into something else, but transferred to an exchange and got IP banned...SGB is gone. I've played around on other exchanges that don't accept US residents if you don't fill out KYC and they usually give you a poverty daily allowance to withdraw. Might need to try a VPN for the first time.

[BraneyGumble]

I've told people the past few months that crypto was going to correct, and wait to buy low.

But crypto enthusiasts want to believe what they want to believe. If they're holding onto bags, they'll believe that their bags will go up no matter what.

Which main account was that? How many old accounts do you have, you larping autists?

[im2manly]

I've got 100k in TIME netting 10k every 5 days, CRO poverty returns are poverty

Dat ruggggg

[ApeMode666]

Dat ruggggg

pulled out at 2300 after doing most of my buying at 3k and holding for a little over a month, nice tidy profit before all the leverage cascades started happening. many people got too greedy, that's why you never play with leverage in crypto. Bought the first bottom of FHM too and profited a good deal, took out the initial and now printing with house money. Hopefully it can make a bit of a recovery and print some more at a higher token price. Still seeing a recovery from BTC so maybe we march a little forward with a extended run

[malashker]

Meh, there's basically two types of ppl on this thread now, the ones that cashed out, and are now fear mongering, and the ones holding, and the posts perfectly reflect their view.

At the end of the day no one truly knows shiet, and this as been proven time and time again , if the market suddenly bounces back, the ones funding will look like retards, and if it doesn't, they will tell you, "I told you so".

Because ofc, everyone is a complete genius after the fact.

If the past as says anything, is if you hold, the chances of you being good are on ur side.

All this to say, idgf, let it all crash? Good il buy some more, market bounces back sooner than expected? Good, I'm still deep green.

Yolo.

Know one knows ****! But hard to argue where not tied to the hip with legacy markets. If they find a bottom so will we. If they continue to dump , so will crypto but much harder.

[malashker]

This thread & the general market sentiment has officially scared me into selling all of my high risk alt positions. Took my Metis profits/sold my OMI at a loss to come out with a marginal profit overall. Will DCA the funds into BTC/ETH.

Sitting in BTC, ETH and CRO now.

This was me during 2018 bear market. Consolidated the trash I had into 95% btc /eth and 5% bat. Didn’t retouch alts till nov 2020

[malashker]

Also another thought. Could be wrong but I don’t think btc has a 80%+ drawdown(unless legacy corrects hard 30%+) like previous cycles. This cycles is completely different than last few and anyone comparing them is idiot imo. More market participants in btc, that’s why we didn’t have a blow off top but more of a distribution phase. Also you have to remember since last summer besides a few most alts have been in their own bear market. All they did was go sideways and down. Think we’ll just go periods of bear trends while most **** dies while some still emerge.

[entropy91]

The ponzis are coming undone now as everyone knows the grift is over

https://twitter.com/No_Chart_Wizard/...wJBKicekQ&s=19

Doesn't this guy have ties to LUNA? might open up a smol short

[kusok]

Mirin some dude that was buying 2-8 million dollars of Bitcoin every few hours for the last 2 weeks LOL

Michael Saylah?

DED Fookin SRS

[WHYCANTILIFT]

The ponzis are coming undone now as everyone knows the grift is over

https://twitter.com/No_Chart_Wizard/...wJBKicekQ&s=19

Doesn't this guy have ties to LUNA? might open up a smol short

can someone ETLI5? i dont get it