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

[Luc1fer]

Just got done praying to vishnu and communicating with brahman. They told me about this correction

You gonna FOMO in soon?

[HMFIC_BROWSIN]

We dippin to 34.5? Would be nice if we did. And a healthy indication for the continuation of this beautiful rally.

[Luc1fer]

Alright boyo’s it’s been a wild ride. Entered this crazy ass market in June of 2017 with you guys and dropped $6k into this market. My $6k nearly tripled to $18k. I followed up with another $6k because Lambo. Got greedy holding and my balance turned into $1,400 by December of 2018. Only thing I had going was pride and steady hands and I held bags all the way up until today at which I cashed out over double my initial investment.

I’m back at ZERO and it feels fukkin Goodman. Looking forward to getting some actual sleep tonight after this wild ass start of 2021.

You guys probably barely knew me if at all but I’ve been here through my whole journey and learned a lot from you guys and benefitted from some call outs. Not going anywhere and will be ready to enter back at the bottom.

Love the Misc <3

The fact you cashed out indicates you shouldn’t be investing in crypto at all.

Anyone new reading this... assume your investment will crash 90%. If you aren’t comfortable with that either don’t invest or have a predefined stop loss.

[PimpMasterC]

The fact you cashed out indicates you shouldn’t be investing in crypto at all.

Anyone new reading this... assume your investment will crash 90%. If you aren’t comfortable with that either don’t invest or have a predefined stop loss.

cashing out in a bull run and making a profit ain´t too bad. Could be much worse. He made his money back and then some. Good for him

[W1LLW]

time to bail

thats a wrap guys!

buy high sell low

Same. I’m out.

Edit: that feel when 70% of my portfolio is tied up in staking contracts. FUK

[lowstrife]

Thanks for the great info here. Just what I wanted to confirm with the stop limit orders.

CB fees are lower than .35%?

Depends on how much volume you trade per month.

https://help.coinbase.com/en/pro/tra...-and-fees/fees

Their fee schedule is more generous than Gemini's.

[Lb54TG]

We dippin to 34.5? Would be nice if we did. And a healthy indication for the continuation of this beautiful rally.

hope so lol. been waiting for the dip since 28k that never happened

[lowstrife]

The fact you cashed out indicates you shouldn’t be investing in crypto at all.

I'm sorry, but what

[SquatNYC]

The fact you cashed out indicates you shouldn’t be investing in crypto at all.

Anyone new reading this... assume your investment will crash 90%. If you aren’t comfortable with that either don’t invest or have a predefined stop loss.

Or I got caught holding bags, weathered the storm for 3 years, learned a **** ton, developed a plan and stuck to it. I’m not letting what happened to me in 2018 happen again.

With what I learned, I’m gonna 100x my money moving forward. I’m not leaving, just playing it safer now. I’m not here to gamble, I’m here to win. We are not the same and that’s perfectly fine.

Good luck to you.

[W1LLW]

Or I got caught holding bags, weathered the storm for 3 years, learned a **** ton, developed a plan and stuck to it. I’m not letting what happened to me in 2018 happen again.

With what I learned, I’m gonna 100x my money moving forward. I’m not leaving, just playing it safer now.

Atta boy

[Parkerscott]

Got a text from someone who tracked me down at a business i worked at 4 years ago asking to meet up for lunch for her plan to get into major crypto mining with her husband. Top seems like its either in or very close.

[juvefan]

Alright boyo’s it’s been a wild ride. Entered this crazy ass market in June of 2017 with you guys and dropped $6k into this market. My $6k nearly tripled to $18k. I followed up with another $6k because Lambo. Got greedy holding and my balance turned into $1,400 by December of 2018. Only thing I had going was pride and steady hands and I held bags all the way up until today at which I cashed out over double my initial investment.

I’m back at ZERO and it feels fukkin Goodman. Looking forward to getting some actual sleep tonight after this wild ass start of 2021.

You guys probably barely knew me if at all but I’ve been here through my whole journey and learned a lot from you guys and benefitted from some call outs. Not going anywhere and will be ready to enter back at the bottom.

Love the Misc <3

Wtf did you buy in June 2017 that only tripled, srs lmao i was literally 20x+ on anything i bought in may/june 2017

[eternalone423]

Iol if you think this is a real dip or actual correction. This is business as usual.

[BDSMBBW]

extremely volatile..

I think if you are able to take profits 15-20% from the top, its not a bad trade.

This buying craze and greed can go on for lord knows how long ...am not gonna try to time the exact top..


Also **** all the ****coins - doge coin is the only one i have traded profitably..maybe bat in 2018..but now all are **** and have lost hope of this **** ever pumping.

[ghostfacedup]

extremely volatile..

I think if you are able to take profits 15-20% from the top, its not a bad trade.

This buying craze and greed can go on for lord knows how long ...am not gonna try to time the exact top..


Also **** all the ****coins - doge coin is the only one i have traded profitably..maybe bat in 2018..but now all are **** and have lost hope of this **** ever pumping.

link.

[phillyfreak7]

The top is in already? It's been only 30 days of new all time highs lmfao

If this follows anything like all the previous market cycles, this has significant more gains to go... Maybe even 10x from here

[RyanT7]

Q1 things will explode, this is the calm before the storm.

[ghostfacedup]

Retail will come in the next couple months. We'll see an explosion and then the noobs will get dumped on HARD.. Then once they get shaken out the run can resume.

[entropy91]

Millenial attention span?

Yep the correction is already over. New ATH LMAO

Bitcoin is the millennial investment vehicle of peace

[PimpMasterC]

Q1 things will explode, this is the calm before the storm.

That is specualtion. No one really knows where it goes. A big trigger event could dump it hard, or it could pump. Who the hell knows. If you keep updated, you would know that there are plenty of bearish news coming over the next 6 months.

[Serenadium]

Anyone feeling a little confused rn?

On one hand, I want to pat myself on the back for putting about 12.5% of my mortgage (taken from offset) into crypto between early 2017 to early 2020. On the otherhand despite the extremely high conviction I had, I didn't go in with more.

In life you make it from placing high proportions of your networth into your highest conviction bets, be it a business opportunity or any financial instrument.

Made a decent amount right now but still very unhappy with opportunity cost.

[entropy91]

Got a text from someone who tracked me down at a business i worked at 4 years ago asking to meet up for lunch for her plan to get into major crypto mining with her husband. Top seems like its either in or very close.

You always think the top is in or the bubble has popped my boi.

[entropy91]

Anyone feeling a little confused rn?

On one hand, I want to pat myself on the back for putting about 12.5% of my mortgage (taken from offset) into crypto between early 2017 to early 2020. On the otherhand despite the extremely high conviction I had, I didn't go in with more.

In life you make it from placing high proportions of your networth into your highest conviction bets, be it a business opportunity or any financial instrument.

Made a decent amount right now but still very unhappy with opportunity cost.

Yep there's always next cycle if we aren't all dead

[PimpMasterC]

Anyone feeling a little confused rn?

On one hand, I want to pat myself on the back for putting about 12.5% of my mortgage (taken from offset) into crypto between early 2017 to early 2020. On the otherhand despite the extremely high conviction I had, I didn't go in with more.

In life you make it from placing high proportions of your networth into your highest conviction bets, be it a business opportunity or any financial instrument.

Made a decent amount right now but still very unhappy with opportunity cost.

You´re still kinda young. There is plenty of time. It´s not a sprint, it is a marathon. Thats why I am so confident I will do well over time. No need to really rush all the time.

[HMFIC_BROWSIN]

Wtf m8s.... What a hilarious market.

Do we expect ETH to provide a continuous rally over $1420 the way btc has over $20,000? (At least until futures day)

Made a decent amount right now but still very unhappy with opportunity cost.

That's fuarkin the life of trading brah. I bought no tsla, it's up 800% this year. I love their cars, and elon musk is the goat, his company fit all my criteria....

Missed it. Didnt even put a grand on it lmao.

I am now becoming MUCH much more focused on journaling my positions, feelings, etc for a historical reference on what to do in the future.

[PimpMasterC]

ETH fees are rediculous and leaves a bad taste in users mouth. The longer this goes on, the more the network will be hurt and lose credibility. I don´t know when it will be fixed, but if it isn´t fixed soon, competitors will start capturing their market share.

Just diversified into some Algo, even though I haven´t followed the project very closely. The launch left a bad taste in my mouth and was executed poorly, but it has ideal tech. At least thats the word on the street. Likely to be severely undervalued compared to hype coin cardano. Bought just a small position tho, until I do further research. There seems to be some obstacles to the project. Not a big active community for one, and questions of decentralization. I don´t think it´s an ideal time to buy right now, but just wanted a small bag.


EDIT: Upon further research I decided to trade it for something else. Shame because the tech is supposedly really good. However, it didn´t really pass my first test. Looking at the websites, community, reddit and so on, it seems to be some challenges. Will keep on eye on it, but there are some concerns.

[BDSMBBW]

btc going up. Alts rotting.

I want to find ian balina and stomp on his testicles repeatedly till alts start going up again.

[StevieSparkZ]

As I sit here on the night shift, BTC and ETH back on the upswing!

[2020Wellness]

Does anyone else think BTC whales will sell their BTC into ETH at some point? Perhaps 50k?

ETH is really lagging when it comes to keeping its value relative to BTC.

Perhaps things have simply changed and this is the new ratio. But it seems possible that whales making a ton off BTC could flip into ETH for a whole new round of gains.

[entropy91]

Does anyone else think BTC whales will sell their BTC into ETH at some point? Perhaps 50k?

ETH is really lagging when it comes to keeping its value relative to BTC.

Perhaps things have simply changed and this is the new ratio. But it seems possible that whales making a ton off BTC could flip into ETH for a whole new round of gains.

Seems plausible

On a side note it's really depressing watching my ETH stack get slowly eaten away by fees. I cri eveytyme