crinewinedining

5y

U got any ada and bat? What do u think of those

donalddrumpf

5y

In terms of the numbers or when?

No clue for the top for traditional since we just pump hundreds of billions or trillions each time there is a market drop now, but if you look at general sentiment being this hot and some useful indicators (such as the buffet ratio, which is the total market cap of the market/GDP, we are past 2000). We always come back down to the mean in anything. Normal people are awful investors and all the data backs it up. Maybe takes years, doesn't matter, look up what happened from 96-2003 in the S&P500 and Nasdaq.

If you are young anyways, not a huge issue, but if you are gambling on short term stocks, that isn't a long term plan for 50 years. You may make some money, but not a plan forever, but feel free to speculate with some money for the itch and a chance at higher returns.

You can pick a few low expense ratio index funds or etfs with total us and international exposure and just put money away each 2-4 weeks. Have a plan, be diversified, and stick with it, that is most important and all you can control (and low expense ratios).

I think crypto bubble should end sometime in the next 12 months, but the price range of where I can see btc going is huge and depends if we keep shooting up or slow down and have a prolonged correction. I also think crypto is more correlated to the market sadly (look up drop last March and at 2018 when stock market corrected around 20%)

Could be anywhere between 65k up to 125k if it happens in the next 1-3 months. If it takes longer, than possibly higher

If you were investing last year and are up multiple times, I would have started to take out some pieces of my holdings. I never would take it out all at once since crypto can sometimes go higher than imaginable.

Just like DCA'ing, you can always DCA out.

Some indications like the pi cycle top show we are super close.

Log regression band shows the top range is somewhere in the 80s (but moves up if it takes longer)

Rainbow bitcoin chart shows we are in later stages, but still have time and should easily hit over 100k.

I also look at Google Trends and general sentiment (more and more of my friends asking about crypto and talking about it and NFTs)

I like Ben Cowen on Youtube, daily videos, pretty useful and somewhat conservative like me.
https://www.youtube.com/channel/UCRvqjQPSeaWn-uEx-w0XOIg

I don't think I am bearish on prices, I am just maybe more realistic. Mind you, all my investments (besides 401k) are currently in crypto rn, so I can't be too bearish. And many people here are just trolling/joking about prices

Hope some of this helps. I am not the smartest person in terms of only crypto. But I understand cycles, I work in traditional finance, and I can remember from my own experience what happened 4 years ago and the emotions of being in it and the time after.

donalddrumpf

5y

Ya I have both

Got BAT and Cardano a couple months back, they were literally around 20 cents in Jan

@0 Is big on BAT I think and I am pretty sure he was pushing it on KTT1 iirc (or maybe it was someone else)

BAT is a legit solid project that makes sense

I have small amounts of Ada as a hedge to my Eth

I am not a fan of buying things after shooting up though, but just me, keeps on getting harder and harder to find alts that haven't shot up yet on central exchanges. Can always wait for a red day/btc pullback and then dca in (buy and then buy on another set day or buy again if price falls a certain amount if you want)

Many alts from last cycle have not come back close to their values, so you never know if they will come back.

I would feel ok holding Btc and Eth through a bear market, but not as much for most alts

You got any coins or none at all?

HBDUSA

5y

You know the funny thing is I actually timed it well, because we did see a correction after I moved off a lot of my alts. But I put it into ETH immediately at 1800 and then ETH fell hard too lol

But yeah you’re right I did it to minimize risks and I’m not a psychic so I know I’m not going to be able to make the perfect moves. Just need to make sure I don’t do anything dumb and keep my goals in mind. I was only holding about 30% ETH at the time and now I’m back to 50%.

If anything this has been a big motivator to get more of my reading and research done, just need to make the time.

PainPapi

5y

All of these models floating around are based on prior market data and I don’t think prior cycles will tell us much about a mature crypto market idk anything tho

crinewinedining

5y

I got eth bat ada uni ren link snx

I like the ben cowen guy u linked, gonna continue watching him. His vid on ada, i dont see it doing too much.

I bought bat at .3, .6 and more at 1.2 but idk if that was a good idea. Hopefully it hits the 10-30 mark.

I wanna get in on buying some alts that havent shot up. What do u think of eth long-term, thinking to buy more.

0

5y

Ben cowen is a brainlet

crinewinedining

5y

He has spoken

What about Finematics as someone to listen to, to get a better understanding? I also checked out coinbureau

0

5y

I hedge my Eth with Cardano

0

5y

why would you ever sell BAT it just shows you don't know what you're doing lol

Chuck McGill

5y

So should I buy more BAT?