MISC Crypto Crew (MCC) Vol: XIII: Money printer goes brrrrrr, But Bitcoin doesnt

[W1LLW]

Words word words Lmao

Xlm basically performed the same at a lower price per = more gains
And as of late XRP goin down like a cheap whore.

That bro follows the misc standard...buy high sell low

gains gains gains.

I like that you're pretending you were balls deep in xlm.

[Luc1fer]

let's get it

Rajc gonna rage if I get it right on the first prediction

[Horse86]

gains gains gains.

I like that you're pretending you were balls deep in xlm.

Since 2017

Anyone in the know already knows my main bish. You talked me out of shilling my new gem....no room on the bus for XRP bag holders anyway.

[Luc1fer]

aw fuk bye

[lordpatrick]

Aion has some pretty nice events coming up in these few weeks.

Getting in here, and selling after that 200% pop.

[PimpMasterC]

Aion has some pretty nice events coming up in these few weeks.

Getting in here, and selling after that 200% pop.

I thought that chitcoin was dead by now. There´s literally no point for it to exist when other smart contract platforms are already 10x better.

[gesten]

Anyone here margin trade on crypto?

I’m still learning basics. If you have 100$ and you wanna use x10 leverage, if it goes -100% can you end up owing more than the 100$ you started with?

[BDSMBBW]

Anyone here margin trade on crypto?

I’m still learning basics. If you have 100$ and you wanna use x10 leverage, if it goes -100% can you end up owing more than the 100$ you started with?

just place stops and don't risk more than u can afford to lose on each trade. its definitely possible u can lose more than u intended, especially when there are huge fast moves and ur stops wont get filled resulting in slippage and more losses.

and also dont place wide stops. place the stop exactly where u want to get out of a trade.

intra-day markets are hyper competitive and u are better off using your time on something else if you are new.

[jamalfudge]

Anyone here margin trade on crypto?

I’m still learning basics. If you have 100$ and you wanna use x10 leverage, if it goes -100% can you end up owing more than the 100$ you started with?

Fuck around and find out.

[W1LLW]

I bought a fuk ton at 4.50 and ended up selling around 8 sadly. Looking for a good entry point again.

I recommend reading this article.

https://marwolwarl.medium.com/kusama...sm-5731c73d129

I read this article and it intrigued me to do some additional research on the projects last night. The price is doing great obviously but i'm not sold on kusama. Polkadot on the otherhand will certainly be added to my strategy.

My short term strategy was to accumulate 100% of my buys into ETH as long as BTC is above 16K and as long as XRP is above 35cents. Now, i'll be accumulating both ETH and DOT split 50/50.

As far as alts go, i like putting my money where i believe governments/banks are going to put their money. This is why i also have a small play in OMG, but i think I'm going to start my DOT position by selling my OMG to acquire DOT. In the short term, I think DOT will pop before OMG does. We'll see though.

Anyone here margin trade on crypto?

I’m still learning basics. If you have 100$ and you wanna use x10 leverage, if it goes -100% can you end up owing more than the 100$ you started with?

Judging by your main misc posts around xrp. You are the last person to be trading with margin. You honestly are better off going to the casino and putting your money on black or red. At least your losses will happen quicker.

[BetaAsPhuck]

Anyone here margin trade on crypto?

I’m still learning basics. If you have 100$ and you wanna use x10 leverage, if it goes -100% can you end up owing more than the 100$ you started with?

If you are an impulsive person, best thing is to look for a project and HODL.

I have 2 that I'm probably going to leave for 6-12 months, regardless of how the market swings.

I used to swing trade and made a lot of gains, but then used to get wiped out. Happened several times before I learned my lesson.

[PimpMasterC]

Crazy how more than 2 million BTC have been stolen by hackers over the years. More than 10% of the total supply LMAO. Hackers are the real winners of crypto.
1.5 million btc was stolen from Mt gox alone.

[W1LLW]

If you are an impulsive person, best thing is to look for a project and HODL.

I have 2 that I'm probably going to leave for 6-12 months, regardless of how the market swings.

What are your plays, and why did you choose them? I like hearing peoples' legitimate strategies rather than the usual bullchit fomo and pumpNdump shills.

[BDSMBBW]

Best strategy - HONEST - is to invest and hold a stock/asset you believe in. No amount of Technical analysis or moving average cross overs can beat returns from investing and taking profits at the right time on the right stock. and its also easy, you dont have to bash your head looking for a great strategy that will give you decent returns.

Now problem with this strategy is that if your stock goes to zero you lose all your money. another scenario is a ranging market where it just goes sideways for DECADES.

[W1LLW]

Best strategy - HONEST - is to invest and hold a stock/asset you believe in. No amount of Technical analysis or moving average cross overs can beat returns from investing and taking profits at the right time on the right stock. and its also easy, you dont have to bash your head looking for a great strategy that will give you decent returns.

I got made fun of for this, but I agree.

When i ask about peoples' "strategy", I'm moreso asking about what projects have they researched and are accumulating on rather than TA swing trading. Being a conservative crypto investor is still 10X the returns of aggressive boomer investing (Stock Options excluded).

I know people that get excited on those months where they get paid 3 times per week rather than 2 because of how the fridays fall. But they won't buy and hold a solid crypto project because the return will "only" be 150% rather than the 1000% percent they're chasing.

A 150% increase on $2,000 is $5,000.
A 1,000% increase on $500 is $5,000.

Long term accumulation is way less stressful, and way easier to manage than being glued to discords chasing pajeet-shills (no racist)

[BDSMBBW]

I got made fun of for this, but I agree.

When i ask about peoples' "strategy", I'm moreso asking about what projects have they researched and are accumulating on rather than TA swing trading. Being a conservative crypto investor is still 10X the returns of aggressive boomer investing (Stock Options excluded).

A 150% increase on $2,000 is $5,000.
A 1,000% increase on $500 is $5,000.

Long term accumulation is way less stressful, and way easier to manage than being glued to discords chasing pajeet-shills (no racist)

Agree with the last sentence , Forget discords, if you have ever tried day trading - the stress is definitely high because day trading plays on your most basic instincts.

both those options 150% and 1000% have their pros and cons..

Aiming 150% increase - Its very hard to predict how much markets will move though.. For example u took profits on XRP... what will you do if it pumps like 1000% in the next year?

If people aim for like 1000%+ they could possibly be set for lifetime..(or lose all their money lol)

The return of top traders in stock markets is like ~20-30% a year

The geniuses who YOLO'D in early on stuff like CHAINLINK or YFI made a decades worth of gains in just a year and they beat gains made by traders who have decades of market experience lol.

[samsbolton]

Best strategy - HONEST - is to invest and hold a stock/asset you believe in. No amount of Technical analysis or moving average cross overs can beat returns from investing and taking profits at the right time on the right stock. and its also easy, you dont have to bash your head looking for a great strategy that will give you decent returns.

Now problem with this strategy is that if your stock goes to zero you lose all your money. another scenario is a ranging market where it just goes sideways for DECADES.

Sounds to me like TA is useless
























Which I’ve told you every few weeks for several years

[BetaAsPhuck]

What are your plays, and why did you choose them? I like hearing peoples' legitimate strategies rather than the usual bullchit fomo and pumpNdump shills.

UNI is one, because the DEX is solid, and it's one of best places for ER20 token launches. Pretty much anywhere I go where people talk about ER20 people talk about Uniswap. There is an actual incentive to hold the token because of liquidity mining. I think that money is going to pour into crypto in 2021, and UNI is going to be one of the DEX's that noobs are introduced to.

The other: Plasma pay. Which is high risk, high reward. Plasmapay.com already has a working product, and they are planning to be a 'one stop shop' for DEFI services. https://docs.plasmapay.com/ That is a 12 month HODL.

There are 2 other projects that I want to mention that I want to invest in, that seem to be very undervalued - but one is already pumping unfortunately, I'm guessing they will pump hard when money comes in in 2021, if want the follow their roadmap in 2021.

I'm planning on doing more research into Bitcoin SV. I ignored it for a while, but despite fraud Craig Wright and the zealot community the tech seems solid.

[BetaAsPhuck]

The geniuses who YOLO'D in early on stuff like CHAINLINK or YFI made a decades worth of gains in just a year and they beat gains made by traders who have decades of market experience lol.

That pisses me off, because I kept getting shilled that on /biz/ for years. It went sideways for a long time, and then shot up.

People did keep telling me not to chase short term gains and just accumulate, I didn't listen.

[W1LLW]

Aiming 150% increase - Its very hard to predict how much markets will move though.. For example u took profits on XRP... what will you do if it pumps like 1000% in the next year?

If people aim for like 1000%+ they could possibly be set for lifetime..(or lose all their money lol)

The return of top traders in stock markets is like ~20-30% a year

The geniuses who YOLO'D in early on stuff like CHAINLINK or YFI made a decades worth of gains in just a year and they beat gains made by traders who have decades of market experience lol.

To answer your first question. I've been glued to banking/IMF news since June when XRP was 20 something cents, that's why i accumulated so aggressively. That plus the news of the spark/flare token made me bet that the price would run up toward the air drop date. I took profits because i believe there is no additional news outside of the spark drop that would further run the price up. That seems to be holding true, and XRP is starting to bleed out toward it's former lows.

Based on news articles and the new administration, I have no reason to believe XRP will run up again until spring or summer of 2021. If it blows up 1000% before it returns to my 35cent target that's fine because my "strategy" is based entirely on this wild complex formula of buying low and selling high. On that concept, i'm scrotum deep in ETH and i'm gonna stick just the tip in DOT.

As for the last point "yolo'ers" rarely are investing their entire stack into stuff they think will moon. That's why i made the comparison of $2000 on 150% gains vs $500 on 1,000% gains. Because the people fomo'ing are usually doing so with whatever cash they have free vs something they've spent months accumulating (my preferred way to go)

[wave_length]

Sounds to me like TA is useless

Which I’ve told you every few weeks for several years

Every form of active investing is useless.

[HMFIC_BROWSIN]

Waiting on that $20k piercing boyooooooooos!

[Luc1fer]

$20k next 24 hours

I have 1 hour

[ghostfacedup]

W1LLW is an XRP savant. Calls tops and bottoms like a G. Credit Due.

This is a VERY healthy accumulation for BTC and ETH. The longer we stay here, the better.

[johnnyboi123]

outsider here, look for a xrp bounce soon

[jBrahh]

W1LLW is an XRP savant. Calls tops and bottoms like a G. Credit Due.

This is a VERY healthy accumulation for BTC and ETH. The longer we stay here, the better.

I'm not sure I would call it "calling tops and bottoms".. he just sold his XRPs at $0.50 when it was $0.80+, and then hovered around $0.60 for about 2 weeks, lol.

[W1LLW]

W1LLW is an XRP savant. Calls tops and bottoms like a G. Credit Due.

This is a VERY healthy accumulation for BTC and ETH. The longer we stay here, the better.

also X2 on the bolded. more time to accumulate at the new lows.

outsider here, look for a xrp bounce soon

a challenger appears.

I predict no bounce until .40 and even then it might be a dead cat bounce. There is zero (additional) news outside what i was already shilling in july to support a new significantly higher-low for xrp. I feel like this entire pump to 70 cents was based on flare/spark timing and general positive market sentiment around BTC and ETH.

It'll bleed slowly to .40, bounce between 40 and 44 for a few weeks then slowly bleed down to .30 or .35 unless some big merger/federal-backed/banking thing gets announced but i don't suspect that with the new administration. If anything the market will get a kick in the nuts due to "regulation scare". Sorry for the rant, i'm really stoned right now.

I'm not sure I would call it "calling tops and bottoms".. he just sold his XRPs at $0.50 when it was $0.80+, and then hovered around $0.60 for about 2 weeks, lol.

I like how you added 10 cents to the actual high reported by coinmarket cap, and subtracted 10 cents from my reported selling number. mr. neverseenyoubefore

[jBrahh]

I like how you added 10 cents to the actual high reported by coinmarket cap, and subtracted 10 cents from my reported selling number. mr. neverseenyoubefore

Depends what exchange you're looking at, if you were trading on Coinbase Pro, it even reached a high of $0.92, on some other exchanges, ~$0.72, so I'd say my $0.80 was fair.

Also -- Did really subtract 10 cents from your selling number? You post so much I'm convinced you report your trades in real-time. You posted at 7:48PM on the XRP flare airdrop date that you're officially 100% out of your XRP position. If you sold anytime after 6PM that day, you certainly sold at mid-to-low 50's.

I post here and there, I just don't spend my days posting in here constantly. Been here since 2017.

[mr.left hook]

I'm hodling my bag of XRP till April then review my mistakes, FML

[BDSMBBW]

Sounds to me like TA is useless

Which I’ve told you every few weeks for several years

The correct TA and trading strategies are still useful. Technical analysis will help you make money in sideways or bear markets - investing will lose you money in these scenarios. Investing or holding can possibly outperform TA only in trending/parabolic markets. But a top trader with TA or a quant will most likely out perform an investor.

The learning curve to become a decent trader / a quant trader is very steep though(im saying years and years worth of work)..