Is the crypto winter over?

Discussion in 'Crypto Assets' started by schizo, Jan 13, 2023.

  1. schizo

    schizo

    No, I wasn't mocking you. :) I know nearly nothing about the crypto space so I'm interested in hearing about it. Anyway, thanks for sharing. But how the hell do you keep up with all this (news, twits, discord and all)? I can't multitask. Just looking at the damn chart is a full time job for me. :confused:
     
    #611     Mar 16, 2023
    johnarb likes this.
  2. johnarb

    johnarb

    Yes, all those things you mentioned. Reddit, too, r/cryptocurrencies, plus crypto research website, defi llama, dexscreener, coingecko, coinmarketcap, and many others

    But the 1000's of % moves are not available to non-crypto folks, many of the tokens I mentioned were not listed on mainstream exchanges until they have gone up a lot or they were never listed at all

    Dexes to get in early, because as soon as they get listed on (off-shore) binance dot com, they had gone up a lot already

    Crypto wallets, web3, on-chain transactions in plain English
     
    Last edited: Mar 16, 2023
    #612     Mar 16, 2023
    semperfrosty likes this.
  3. johnarb

    johnarb

    You never heard of the "stay humble, stack sats"? or DCA?

    If you put in $100 every week at the exact top of the Bitcoin bull market cycle, you'd be up 1000's of percent even at the bottom of the next bear market cycle

    You will outperform 99% of the Bitcoin traders out there

    Don't take my word for it, you can do the math

    2013 bull market top $1,200 2017 bear market bottom $3200
    2017 bull market top $20,000 2022 bear market bottom $15,000

    https://www.statmuse.com/money/ask/price+of+bitcoin+in+2020
     
    #613     Mar 16, 2023
  4. johnarb

    johnarb

    you still holding your short?

    I'm still holding my long. Good volatility the past 10 hours

    upload_2023-3-16_12-10-29.png
     
    #614     Mar 16, 2023
    schizo likes this.
  5. schizo

    schizo

    Yup, still short. Good volatility for sure but the bulls still can't get this damn thing above 25,000. Once it closes above 25,000, I'll reverse. But until then, I plan to just sit tight and watch the surrounding scenery. :)

    Here's a snippet from my previous reply:

     
    #615     Mar 16, 2023
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  6. themickey

    themickey

    If you look at btcusd since March 10, hourly charts, trend is definitely rising.
    A final break thru 25k is not far away.
     
    #616     Mar 16, 2023
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  7. themickey

    themickey

    My call, btcusd will rise above 25k within 24 hours and not go below again.
     
    #617     Mar 16, 2023
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  8. johnarb

    johnarb

    I agree with this! And I haven't given up on $30k by Sunday night...

    $2T of liquidity will be injected into the banking system as a result of the BTFP per JPM

    $30B was the first drops in the bucket deposited to First Republic today
     
    #618     Mar 16, 2023
    themickey likes this.
  9. Big payout in dividends for REIT holders today. I only bought very little in the crypto sector during my lunch break. Took a few hundred shares of BIGG Digital Assets.

    The rest went into doubling down on European real estate units that have been totally wrekt at the moment.

    I'll check later into my RRSP and see what other dividends I received, then set up some limit orders for tomorrow. Most likely for real estate again, but I will toss a little to the way of crypto ETFs.

    I refuse to actively trade crypto derivatives anymore... too many SBFs and other black swans out there. Buy & hold is the mantra of the day for me now.
     
    #619     Mar 16, 2023
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  10. themickey

    themickey

    Last edited: Mar 16, 2023
    #620     Mar 16, 2023