…… Crypto Holders-Questions.

[Satanta]

I have a few $$ in Crypto, put in $40 last Summer, spread over several Cryptos. By last month it was up a bit then the Market Bull began so now it is down by a bit.

I am kicking around the idea of trading C's that are showing Loss into C's that are showing Gain, riding the Gain until the ones I am Hodling begin to rise then Trading the same amount plus the % increase back.

I have plenty of time to just sit and watch this stuff-especially in the evening and early A.M. hours.

Does that sound like a plan? How do you do it and make $$?

I know one cannot swap $ to $ as the prices vary-I do have no charge Trading with Coinbase so not loss there but will I lose going from something at, say $1.50 into something at $200 on a straight $ amount Trade?

Never been great bat Math but I can follow a plan if one is presented that is Viable.

 

[Snettrecker]

My advice is to pick a strong project that actually has use in the altcoin market. The percentage of gain is what you're looking for. $40 of bitcoin that increases 50% is gonna gain you $20. $40 of cardano that increases 50% will give you the same gain. The only thing is you own a fraction of a btc and 20 ada... the key is finding something that hasn't shot up yet and get in before it does. You might 5-10x your money. Of course you could lose everything as well.

I've doubled my money since I started in March. Made a bunch of mistakes while learning, but came out on top so far. The plan is to put it into stable coins when it gets to the "top" and then buy back in when it goes into the bear market so I can rinse, lather, repeat...

 

[Squid]

Everything depends on you.

Do you see crypto as an investment, a trading vehicle or a potential long term asset?

Good luck on selling losers to buy winners. Seems a lot like chasing. Crypto is very speculative imho.

What ever strategy my only suggestion is create a plan. Know what your buying, know why your buying, know your time frame, know your bail out, know your cash out, all Before buying investment or speculative asset.

 

[Satanta]

Everything depends on you.

Do you see crypto as an investment, a trading vehicle or a potential long term asset?

Good luck on selling losers to buy winners. Seems a lot like chasing. Crypto is very speculative imho.

What ever strategy my only suggestion is create a plan. Know what your buying, know why your buying, know your time frame, know your bail out, know your cash out, all Before buying investment or speculative asset.

Yes. A bit of each. I want to long-term as an Investment, recoup enough to Trade to increase. Overall I would be tickled pink to simply bring an extra $200 a month into my bank account without losing the original input.

 

[JasmineAndLace]

I got into crypto just to play around with it. Initial investment $50, it is now up to a little over $200--has been as high as $350and then fell back. Not sure what I want to do with it over the long haul.

 

[Dozdoats]

Buy canned hams ...

 

[packyderms_wife]

Buy canned hams ...

good luck finding canned hams.

 

[Hi-D]

I have a few $$ in Crypto, put in $40 last Summer, spread over several Cryptos. By last month it was up a bit then the Market Bull began so now it is down by a bit.

I am kicking around the idea of trading C's that are showing Loss into C's that are showing Gain, riding the Gain until the ones I am Hodling begin to rise then Trading the same amount plus the % increase back.

I have plenty of time to just sit and watch this stuff-especially in the evening and early A.M. hours.

Does that sound like a plan? How do you do it and make $$?

I know one cannot swap $ to $ as the prices vary-I do have no charge Trading with Coinbase so not loss there but will I lose going from something at, say $1.50 into something at $200 on a straight $ amount Trade?

Never been great bat Math but I can follow a plan if one is presented that is Viable.

Playing volatility. Years ago when there was real movement in the metals there was a investment system called AIM it worked great but I have never traded crypto so I can not speak to that. What it was was a systematic way to dollar cost average. If you have a long enough time in your investment needs this is the way to go. It was a little different than buying on a specific date. It was more to a specific price. You bought and sold.

Dollar-Cost Averaging (DCA) Definition (investopedia.com)

"What Is Dollar-Cost Averaging (DCA)?
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The purchases occur regardless of the asset's price and at regular intervals.


In effect, this strategy removes much of the detailed work of attempting to time the market in order to make purchases of equities at the best prices. Dollar-cost averaging is also known as the constant dollar plan."

I think this is it.

Back-Testing the Robert Lichello Automatic Investment Management (AIM) System for Timing the Stock Market - ToughNickel

 

[Ragnarok]

If you are willing to let your money sit a while, I have cash in Kadena, Algorand and Cardano.

Kadena

Kadena price today, KDA to USD live price, marketcap and chart | CoinMarketCap

The live Kadena price today is $0.5049 USD with a 24-hour trading volume of $1,382,377.15 USD. We update our KDA to USD price in real-time.

coinmarketcap.com

Algorand

Algorand price today, ALGO to USD live price, marketcap and chart | CoinMarketCap

The live Algorand price today is $0.0944 USD with a 24-hour trading volume of $16,960,569.94 USD. We update our ALGO to USD price in real-time.

coinmarketcap.com

Cardano

Cardano price today, ADA to USD live price, marketcap and chart | CoinMarketCap

The live Cardano price today is $0.2465 USD with a 24-hour trading volume of $117,302,260.05 USD. We update our ADA to USD price in real-time.

coinmarketcap.com

Those three, IMHO, have the best long term business plan, a great team working on them and the most versatility. As always though, do your own research before taking my word for it.

Overall I would be tickled pink to simply bring an extra $200 a month into my bank account without losing the original input.

That's the trick, isn't it?

 

[Dozdoats]

good luck finding canned hams.

But everywhere you go is crypto. Clue, perhaps?

 

[Echo 5]

Whatever you invest in, research the project and make the people are legit and they have a plan.

After that, look at use cases/transactions. The coin needs to be functional.

The top 100 are pretty safe. But the biggest money making potential is speculating on new projects (gambling, really).

 

[Satanta]

If you are willing to let your money sit a while, I have cash in Kadena, Algorand and Cardano.

Kadena

Kadena price today, KDA to USD live price, marketcap and chart | CoinMarketCap

The live Kadena price today is $0.5049 USD with a 24-hour trading volume of $1,382,377.15 USD. We update our KDA to USD price in real-time.

coinmarketcap.com

Algorand

Algorand price today, ALGO to USD live price, marketcap and chart | CoinMarketCap

The live Algorand price today is $0.0944 USD with a 24-hour trading volume of $16,960,569.94 USD. We update our ALGO to USD price in real-time.

coinmarketcap.com

Cardano

Cardano price today, ADA to USD live price, marketcap and chart | CoinMarketCap

The live Cardano price today is $0.2465 USD with a 24-hour trading volume of $117,302,260.05 USD. We update our ADA to USD price in real-time.

coinmarketcap.com

Those three, IMHO, have the best long term business plan, a great team working on them and the most versatility. As always though, do your own research before taking my word for it.



That's the trick, isn't it?

I moved earnings into Cardano, Cosmo and Tezo.

I have a cold wallet-from it I can Stake getting 10% return on Cosmo and about 6% on the other two. At this point we are talking Chump Change in returns. Seriously-maybe $10 APY total but money is money and, as I grow it the returns will get better.

Still better than a Bank.

I have a few pennies in both Eth and BTC-not much at this point obviously then a spread of one showing promise because their System look to boost things like Interactions between the Cryptos, boost business potential for crypto and so forth.

I do have some Alts-tokens used in online gaming I am wanting to look into that show promise but, so far, nothing I've signed up into-Coinbase, etc or other exchanges, seem to support some of them.

I do have a load of Shib and a little Doge. Shib is looking promising being picked up and backed by a lot of big names such as AMC, Samsung [[IIRC]] and other including going on some Exchanges in the next week. So it's a hope those will blow up.

I have been power watching and reading to learn as much as possible, keeping notes on the names I hear most often over a wide spectrum.

Also sing Brave and the rewards go into more of something I have along with some other online stuff that gives crypto for doing things.

I'm a Noob but catching up and finding out every day this is a very deep and twisty rabbit hole.

 

[Snettrecker]

Lol yes it is. And there is a ton of stuff out there on technical analysis that might help. One YouTube than I watch religiously is blockchain backer. He's not shilling coins and his technical stuff is good. He doesn't preach btc to 200k like a lot of them.

 

[Cardinal]

Get in touch with Practical. He now has a Youtube channel and can help.

View: https://www.youtube.com/watch?v=s44jGH_Qpqg
10:24

 

[Vegas321]

Sandbox, is a good place to park your Crypto, let it sit. Already established in gaming. Big gaming announcements coming in Dec. They are sitting around, $1.70. Atm.

 

[bassaholic]

I have been doing crypto since early 2017. Rode the last bull run. Market is already highly over valued and the prices you see today will be chopped down by 80-95% at some point.

I rode all my crypto from the most highest points down to the ground at the end of the last bull run (Jan 2018) but those coins have now became worth much much more. I did do a lot of dumping along that way only to buy back in cheaper. Thus, playing the bear market in order to build up a larger amount of coins.

Just because projects are doing things does not add much value to the actual coin. That's the main thing I learned. A few are very different but most of them follow what I said here.

Most of the crypto OG's I know think we will see this market continue til Jan 2022 or so. It could have longer legs.

While I believe crypto is the future, I also know TPTB are not going to let this become money. Gov's are, right now, in the process of creating their own digital currencies. The USD will someday soon be digital.

If you want to ride the coattails of TPTB, buy coins like Algo, Hbar, QNT, XRP, XLM, and a few others I won't mention right now. Hbar is huge. Rose is also huge (Recent announcement they are working with Facebook on AI).

Always have a little BTC, although it will never become money. They simply will not allow it.

Market is high right now and I believe it could go really ballistic from here in the next month or so. Maybe even well into 2022.

The best time to get it has past. Buy in when things are low, not when everyone and their momma's are trying to buy.

With all this said, there is money to be made. Just sell and take profits along the way KNOWING this will all TANK at some point.

 

[bassaholic]

While I believe crypto is the future, I also know TPTB are not going to let this become money.

Just to further expand...

Everything will be digital soon. Your bank account, investments, insurance, real estate, gaming, etc.

There will be some blockchains projects that will boom. The prices right now are overvalued though so we could see a major drop at some point only for them to go crazy later. (market top not in yet though)

What are the blockchain projects most things will be built on? Good question.

As my business is research...I mentioned some above.

Do not sleep on Algo or Hbar. Chainlink and even ETH are at the top of the food chain as well.

A couple with TPTB ties that may be big as well are ALBT and VXV.

XRP is very well documented with banker ties as well. Love it or hate it...if your goal is to make money then follow the money.

 

[Twisted]

Might look into loopring, and if you figure out their connection to gamestop and what they got going on together, let me know lol. Been following both and somehow they have been brought together but nobody is saying why or how yet

 

[bassaholic]

Loopring had a major pump already due to this so is mostly priced in, for the short term.

All coins will continue to go up should this bull run continue though.

If things go parabolic, it is "buy everything" season. Pick your coin you think will pump the most.

Take profits and know that almost every single one will dump hard when the run is over.

 

[Dozdoats]

Things go up. Things go down. Get in right and get out on the upside and all will be well. Best of luck to cryptobugs - I will stick with something sane, like junior resource stocks

 

[packyderms_wife]

Things go up. Things go down. Get in right and get out on the upside and all will be well. Best of luck to cryptobugs - I will stick with something sane, like junior resource stocks

What makes you think we’re not invested in stocks, bonds, commodities, etc.? Why would you put all of your eggs in one basket?

 

[Dozdoats]

I only HAVE one basket?

What makes you think I don't have anything else?

 

[packyderms_wife]

I only HAVE one basket?

What makes you think I don't have anything else?

Per your continued attack’s and comments on the crypto threads.

 

[bracketquant]

Crypto Holders

There's an oxymoron if I ever seen one.

 

[Satanta]

Sandbox, is a good place to park your Crypto, let it sit. Already established in gaming. Big gaming announcements coming in Dec. They are sitting around, $1.70. Atm.

Just got in from dinner and getting some new reading glasses since a lot of stuff wants it to be on the damn phone-I prefer Desktop apps because of the vision. But noooooo....gotta go on the damn fone.

I either do or did have Sand. It's on my list.

Have or had some of the things Bass mentioned-either need to rebuy or transfer around assets.

The Bull cost me plus moving everything except some Eth with the massive Gas fees onto my cold wallet also cost me so I'm having to either recoup or find new sources of income for getting things running smooth again, remember, I am extremely new so when the Bull started, I did not panic but I took steps to reduce loss-some of those steps were not great but live and learn.

 

[Satanta]

I figure, as long as I do not lose whatever I invested-even if I had to yank it all out and start over, as long as it cost me no out of pocket I am ahead.

 

[bracketquant]

If I were to give advice, it would be don't invest what you can't afford to lose. Wait until one of the few major cryptos goes down quite a bit, and then buy. Sell when it goes back up. Take it all out. Now, ONLY play with your profit, and invest that in a new start-up crypto that has the potential to go up 100X, or 1,000X, that of what you buy it at.

 

[Dozdoats]

#20 was an ATTACK? Damn.

 

[Ragnarok]

Crypto Holders

There's an oxymoron if I ever seen one.

Right?

I only have a few hundred in crypto. It seems strange investing in something I can't hold in my hands. Kind of like,:

"Give us your real money and we'll say that you own our invisible money."

The majority of my savings is in the stock market and silver that I've been lucky enough to buy from Doc1.

 

[Hfcomms]

I only put enough in to learn how it all works as that is where the central banks want to take us. I've bought Bitcoin and exchanged it for other cryptos. Most of mine is in XRP from a few years ago and lucky me someone behind XRP pissed off the regulators and it's about the only crypto given scrutiny and a hard time. The run up over the last few years has left XRP about where it was and is still less than what I bought it for.

No problem though as I always treated it as a speculation and figured I would lose it anyway. I figured it was good to dip my toe into it in order to learn and not be totally ignorant about it. Crypto has done nothing however to dissuade me from understanding where the true wealth lies.

 

[Twisted]

I just opened an account and bought a few lrc because of all the talk of loopring and gamestop stuff. Up .36 to 3.46 since I bought this morning lol. I may be younger than most here, but still trying to learn what kids already know about the digital marketplace

 

[onetimer]

I just opened an account and bought a few lrc because of all the talk of loopring and gamestop stuff. Up .36 to 3.46 since I bought this morning lol. I may be younger than most here, but still trying to learn what kids already know about the digital marketplace

Yes, Loopring is doing well today and I expect some news to push it even further. Gamestop earnings after close today 12/8 might mention something too.

https://twitter.com/i/web/status/1463124710900703236

View: https://twitter.com/Rewkang/status/1463124710900703236

 

[zealotbat]

Sandbox, is a good place to park your Crypto, let it sit. Already established in gaming. Big gaming announcements coming in Dec. They are sitting around, $1.70. Atm.

Where do i buy? I am total nube, but this Metaverse they keep talking about is gonna happen.

 

[onetimer]

Where do i buy? I am total nube, but this Metaverse they keep talking about is gonna happen.

Open a Coinbase account and wallet, both are free. Buy nothing, go to the education section and learn and receive all kinds of different crypto (for free) by answering a few questions.

To buy $SAND directly with fiat you can use crypto.com. Gemini, or Binance

 

[Satanta]

Anyone decides to join Coinbase here's a link-you join and spend X amount and I get a Kickback.

Join, dump $100 into something on the rise then sell on the rise, get your $$ back if you decide not to stay and get me the Kickback anyway.

 

[bassaholic]

Bull run took a hit...but...

BTC looks ugly right now which brings everything else down but it is still holding the weekly trend line.

Buy the blood as they say. Buy when things are ugly, sell when things are beautiful.

Buy low, sell high.

I am buying this dip on many altcoins, especially the ones I mentioned above. If BTC breaks and goes lower, I will dump and take the loss to buy back in at a better point.

Dollar cost averaging in is key for the long hold.

Web3 coins are the future.

If anyone wants to talk crypto hit me up...

 

[Dennis Olson]

Sat, help requests need to yes the HELP prefix.

Changed

 

[energy_wave]

KYN Capital Group

koinfold.com

 

[Satanta]

Where do i buy? I am total nube, but this Metaverse they keep talking about is gonna happen.

Coinbase link a couple of posts below yours.

CB is decent, they seem to not have a lot of NFT's and such but have a lot of others-good starting point and simple to understand plus you will need a Wallet eventually.

Brave browser also has a wallet included but you have to sign up with Uphold Wasllet to do anything with the Brave Rewards-I use Uphold to trade and store things I cannot get on CB. I use Gate,IO for the same-eventually I move it to Exxodus, an offline or Cold wallet to keep it -well, offline and not hackable.

Gate.io has NFT's and stuff CB does not-it is more of a PITA for me to use with my vision [[blue lettering and small fonts]] but it does have a ton of learning/teaching options and rewards. Gate.io | Official Website of Gate.io | Bitcoin Exchange | Bitcoin Price | Crypto Exchange | Cryptocurrency Exchange

I have about $100 total invested over six months, it currently has a value of around $400. It isspread out among several Cryptos that either give APY [[percentage returns]] or show a lot of potential to grow due to what their software does-links commerce on the different Chains, allows P2P anonymously and so forth. Takes a ton of research and I am still an FNG with this stuff.

 

[Satanta]

Bull run took a hit...but...

BTC looks ugly right now which brings everything else down but it is still holding the weekly trend line.

Buy the blood as they say. Buy when things are ugly, sell when things are beautiful.

Buy low, sell high.

I am buying this dip on many altcoins, especially the ones I mentioned above. If BTC breaks and goes lower, I will dump and take the loss to buy back in at a better point.

Dollar cost averaging in is key for the long hold.

Web3 coins are the future.

If anyone wants to talk crypto hit me up...

View attachment 307644

Been ugly since November. Started looking good over the Weekend-which is unusual then took a hit yesterday. Sort of rose a bit since I went to bed but still nasty.

ATM it is either a HODL [[Hold on for Dear Life]] situation or GTF out and run deal.

With my low level In I am going to sit and Hodl. I consider this a good time to back the truck up and load up on Crypto if you have the Funds-it's what the Whales are doing-Senators, Businesses and Millionairres.

I need this to work as I am out of Options and tired of being Broke all the time-heck, if I only managed to get a $40 a month return where I can pull that $40 and it not hurt the Investment I would break even on monthly Bills.

If I can get it to do $800 a month II can get rid of the POS roomie.

Above that it turns into having funds to do repairs and such.

The Magic number is to pull a cool Million-I can pay off the house, send FL to Switzerland or wherever and get her Spine fused, pay off the Bro and Sis' houses [[Folks moved in with the Bro due to age concerns and the mom-who just lost her own Bro to Dementia or such]] is showing early signs.

So, for me, trying this is worth the risk. It's why I am not reacting well to the ones who want to get in and tell me how "Stupid" I am for Trying. Because **** you, that's why. I'm all Ears for a better solution otherwise don't bother because my Options are limited, my time on this Plane of Existence is limited and I have things to do without your NPC-type input.