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02-02-2021, 01:24 PM #4591
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02-02-2021, 01:45 PM #4592
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02-02-2021, 02:12 PM #4593
Just adding my two cents as someone who recently road a pump to euphoria and then having to panic sell on the way down (xrp)
As stated above, we've been hovering near all time highs for months now, so none of us should be particularly elated at the moment. However if we wake up tomorrow and it's sitting at $1700 or $1800? I'd definitely lock in 1/4 to 1/2 of holdings.
Missing out on a strong pump is annoying. Riding a huge wave to the top, seeing your portfolio sitting at some crazy new number feeling elated, then watching it crash to previous floors having not locked in profits is downright infuriating. Saw my portfolio total when xrp was .77 but didn't get out of my position until .60 and then .55. Left TONS of money on the table. So my advice is simply to not be greedy. If you've got a stupid smile on your face having hit a certain portfolio number then go ahead and sell some of your position so that it's real and not a memory.America Is Great Again
Manlet Masterrace
The Wolf of REEF
Kobe Forever
Black Crew
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02-02-2021, 02:40 PM #4594
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02-02-2021, 02:43 PM #4595
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02-02-2021, 03:39 PM #4596
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02-02-2021, 04:01 PM #4597
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02-02-2021, 04:08 PM #4598
It's up to you but Zero Exchange just lanched.
ETH to AVAX DEX. Aims to eliminate gas fees by using AVAX.
Anonymous Team but they have a Whitepaper.
https://zero.exchange/
https://www.coingecko.com/en/coins/zero-exchange
https://blog.zero.exchange/
Chit is mooning now.
There's still some things to work out, but I was following the project, and they had a Liquidity reward system, then they had a testnet, and now they've launched the mainnet... Might be worth throwing something in, if you don't mind losing it.
Might be huge because Gas fees are pissing everyone off.
(Yep, I have a bag.)Last edited by BetaAsPhuck; 02-02-2021 at 04:17 PM.
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02-02-2021, 04:37 PM #4599
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02-02-2021, 04:59 PM #4600
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02-02-2021, 06:40 PM #4601
https://twitter.com/andrecronjetech/...681377792?s=21
That settles it, Fantom is going to top 20
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02-02-2021, 08:10 PM #4602
This. But most importantly, make a plan before you buy. Set a buy limit and let the price come to you. Once it hits, set your sell limit according to plan.
I’d rather miss a pump and watch on the sidelines than suffer a bad loss. I can’t stand losing. I went off the plan last week and made some
High risk high reward gambles and lost my ass. Never again.
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02-02-2021, 08:27 PM #4603
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02-02-2021, 08:39 PM #4604
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02-02-2021, 09:03 PM #4605
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02-02-2021, 09:13 PM #4606
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02-02-2021, 10:04 PM #4607
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02-02-2021, 10:06 PM #4608
They said that 2-3 years ago, and it hit $89 less than a year ago.
Likely it won't get that low without some sort of calamity or market crash or war ... but $300-600 range is coming again.
We're at the frothy top of a bull market where rappers are giving crypto advice and people are throwing cash at dog pumps.
That means a crash is coming, we saw the same bull**** at the end of the '17 run. pink wojaks everywhere, red portfolios and everyone fleeing crypto for a couple years.
Most people buying in now are losing money on spread. That means its over, right now its FOMO Buyers vs Patient Sellers. This week FOMO outnumber sellers, but eventually the Good News cycle will end, a couple FUD events will hit crypto and then Patient Sellers will outnumber FOMO buyers.
On the day it dumps, you'll see this on 4chan (again):
Last edited by surf junkie; 02-02-2021 at 10:31 PM.
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02-02-2021, 10:20 PM #4609
- Join Date: Apr 2004
- Location: United States
- Age: 36
- Posts: 3,550
- Rep Power: 10406
Solid advice here.
It's up to you if you want to just steel hands and HODL everything forever.
However, you must always remember to be pragmatic and that is to always take profits.
Another thing to consider is to take profits by going into stable coins. You don't always have to just cash out. You can keep it as a stable coin and then wait for the coin to dip or go into another project that you like.
(Not financial advice, you'll do what you'll do etc.)A small loan of 1 bitcoin........
United States Marine Corps (2003-2009)
0351
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02-02-2021, 10:32 PM #4610
My advice is different. Listen to scientific data, which all points to one end: diversified buy and hold instead of trading. You need balls of steel in crypto to do it but it will yield better results in the end for most people. If crypto doesn't fail completely that is.
SchleichDiDuOaschloch
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02-02-2021, 11:21 PM #4611
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02-02-2021, 11:53 PM #4612
That was my strategy. I actually expected some of my coins to go way down and some to go way up.
Unfortunately none of my altcoins outperformed BTC/ETH, but some did horribly. So it wasn’t the best risk/reward in retrospect to invest in altcoins at all, to date. But my plan was to hold until 2022 min.
I do think a minor lesson here was to actively trade out of ****coins if they do turn out to be bad projects. That requires active analysis, so probably should’ve just avoided buying them.𝕮𝖍𝖆𝖘𝖊 𝖆 𝖈𝖍𝖊𝖈𝕶, 𝖓𝖊𝖛𝖊𝖗 𝖈𝖍𝖆𝖘𝖊 𝖆 𝖇𝖎𝖙𝖈𝖍
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02-02-2021, 11:57 PM #4613
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02-03-2021, 03:23 AM #4614
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02-03-2021, 05:34 AM #4615
I'm not a guru, I just buy low and sell high that's literally it. It's crypto. Nearly every top 30 project has their day in the sun when it pumps 100% or more. The only thing required to make money is patience. You have to be able to watch other stuff moon while holding a stagnant bag until your day comes.
I put a couple people itt on my ignore list because all they do is talk schit about what you're holding and it doesn't even matter half the time. I've been called a cultist, a moron, xrp called a stable coin, piece of schit, pump and dump etc but over the last 6 months i've made no less than 60k on that coin alone. Remember when everyone was laughing at xrp when SEC news FUD was all time high and i picked up bags at 20cents? Yeah what's the percentage gain from 20 to 60...
Buy low, sell high.
I almost always roll highs of pumping coins into the crashes of other coins. So i jumped out of xrp into eth and now eth is slowly taking off. I'm going to ride eth until it starts blatantly correcting, and when i sell, it will likely be all into xrp assuming it's under .35 when i go to sell. SEC goes to court with XRP in feb22nd and that alone will likely send the price to 50 something which is a 50% gain on the entire stack. What will i sell the xrp stack into? DOT or ETH whichever one is a dip.
Stay away from chasing pumps you're late on and you'll almost always make money rolling all time highs, into temporary lows of other solid projects.
You don't need balls of steel, you just need not to be a pump chasing retard. I agree diversification is a great strategy in a sideways market. But in a bullish market like now, nearly everything is at all time highs. Hard to lose so I'm taking profits off of coins that rip and dump them into coins that have more upside on their ceiling.
If ETH rips over the next week or two, i'll sell into a 50/50 position of XRP/Cardano because both have more than 100% upward room to their alltime high ceiling
To be fair though, weren't you holding Walton and ICON or somethingAmerica Is Great Again
Manlet Masterrace
The Wolf of REEF
Kobe Forever
Black Crew
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02-03-2021, 05:49 AM #4616
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02-03-2021, 06:13 AM #4617
- Join Date: Feb 2007
- Location: Minnesota, United States
- Posts: 12,113
- Rep Power: 41866
We should post any repeating trends we're seeing. This could help people make short term flips and we'll be working as a team, which is a good thing.
I've noticed that AAVE and other DeFi coins will rise for awhile while ETH remains stagnant. When ETH eventually pumps, AAVE and other DeFi coins will remain stagnant. Eventually, ETH and DeFi coins will drop back as the market pulls back 10-20%. At this point, the process repeats itself.
An example is happening right now. AAVE held around $300 while ETH made moves. Now ETH is holding steady in the 1525-1550 range and AAVE made a 15% jump, along with other DeFi coins.
I'm guessing ETH will now fall back and the rest of the market probably will too, before the process repeats.
Obviously this trend can't go on forever, but it's been going on for awhile now (weeks).Have a coaching, training, nutrition question? PM me!
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02-03-2021, 07:28 AM #4618
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02-03-2021, 08:01 AM #4619
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02-03-2021, 08:03 AM #4620
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