yeah I'm going to DCA out of alts probably going sell 20% of my biggest holdings over a few weeks
yeah I definitely may end up with a bunch of Ether thru a bear market again that's definitely something I realize but I feel pretty confident in my 4.5k 8k and 10k targets
my strategy is to sell 80% of my alts and sell 10%-60% of my Ether depending how high we go.. I'm definitely keeping some to stake on my Proof of Stake node
I'm going to buy more Ether with alt gains when stuff goes down more in the bear market
I just remember when Bitcoin passed 2k by and has never returned obviously it has a smaller supply though but the market may get to a point where it can support a larger Ethereum with the size of Bitcoin now
Wish u luck man
Any indicators you are currently looking at for btc and or alts?
I will be buying more next bear market, wish I was buying alts during larger downturns, but its so hard to do, easier to be confident in btc and eth
I said yesterday to my friend that there is more money to be made in crypto and the stock market is dead and he said shut up you don't know what you're talking about , hurt
okay, you enjoy owning BB stock while I'm seeing constant green with ETH
I moved all my stocks besides GEVO, Weed, and GPS(Gap for the Yeezy effect) into Crypto back in January and have been killing it
Are any of you thinking about playing the long game and building enough holdings to live off of staking or lending interest?
Are any of you thinking about playing the long game and building enough holdings to live off of staking or lending interest?
bull market = trading
bear market = interest/yield until the next bull market, rinse and repeat
Are any of you thinking about playing the long game and building enough holdings to live off of staking or lending interest?
Yes
Are any of you thinking about playing the long game and building enough holdings to live off of staking or lending interest?
ALCX/ETH has been printing me money. Fun times
Wish u luck man
Any indicators you are currently looking at for btc and or alts?
I will be buying more next bear market, wish I was buying alts during larger downturns, but its so hard to do, easier to be confident in btc and eth
I look at ETH / BTC I think once ETH breaks 0.05 it could rise fast if history repeats
for alts I'm really looking for things to overheat like they did in June 2017, Jan 2018 or Sept 2020
blockchaincenter.net/altcoin-season-index
we are starting to get into territory that maybe could lead to an alt blow off top
yeah I definitely know that feeling alts can lose so much value and then never recover lol but the more Blue chip Defi stuff seems like a safer bet than stuff we had in the last run, they'll also crash but if people are using the protocols I think they'll have a recovery at some point even if it takes years
I look at ETH / BTC I think once ETH breaks 0.05 it could rise fast if history repeats
for alts I'm really looking for things to overheat like they did in June 2017, Jan 2018 or Sept 2020
https://www.blockchaincenter.net/altcoin-season-index/
we are starting to get into territory that maybe could lead to an alt blow off top
yeah I definitely know that feeling alts can lose so much value and then never recover lol but the more Blue chip Defi stuff seems like a safer bet than stuff we had in the last run, they'll also crash but if people are using the protocols I think they'll have a recovery at some point even if it takes years
O ya I use that site too
We got close to .05 a couple months back and got rejected, hope we break it this time, maybe we get close and shoot up like crazy this month
Eth only has 1 crazy bubble, missed 2009 and 2013, so its harder to even tell
If Eth is to hit .10 Btc again, not sure if it does, it will likely be when BTC isn't at its peak right? Similar to last time when Eth hit .10 of a BTC when BTC was at 14k
My only question is, are we underestimating how close Bitcoin is to a top or last a mid top like 2013. Pi cycle looks like it will touch next week
Log Regression band has us close to entering/had entered briefly
But some other indicators, like rainbow chart, show that we still have time
Last time I felt like I held too long in some positions and didn't make us much as I should/could have, rather sell during good times
ever look at your portfolio and think dats crazy and do it again 10 seconds later
ever look at your portfolio and think dats crazy and do it again 10 seconds later
every day bro
my major life breakthrough was realizing adults you think are role models as children are actually just as incompetent and stupid as everyone else and 99% of their advice is terrible bordering on idiotic. this is doubly true if you come from a s*** family or have no real, successful mentors who actually know what they're talking about (with previous results)
Crine the accuracy of this post
Why everyone tweaking talking about $10k ETH
Cause it’s programmed in the smart contracts
Just purchased 1 eth
ever look at your portfolio and think dats crazy and do it again 10 seconds later
Yes lol
UNI is disappointing me
O ya I use that site too
We got close to .05 a couple months back and got rejected, hope we break it this time, maybe we get close and shoot up like crazy this month
Eth only has 1 crazy bubble, missed 2009 and 2013, so its harder to even tell
If Eth is to hit .10 Btc again, not sure if it does, it will likely be when BTC isn't at its peak right? Similar to last time when Eth hit .10 of a BTC when BTC was at 14k
My only question is, are we underestimating how close Bitcoin is to a top or last a mid top like 2013. Pi cycle looks like it will touch next week
Log Regression band has us close to entering/had entered briefly
But some other indicators, like rainbow chart, show that we still have time
Last time I felt like I held too long in some positions and didn't make us much as I should/could have, rather sell during good times
I've been thinking about the last bull run and this one and I'm getting the feeling the peaks will be closer together
I feel like Bitcoin and Ethereum would feed into each other more in the past and they definitely still do but Bitcoin has gotten more independent and less volatile compared with Ether / any alts.. I don't think the money will flow out of Bitcoin into Ether over 31 days
maybe it happens over a few weeks instead or maybe a month apart again or maybe it's months apart and Ether peaks first I'm honestly not 100% sure
I just feel like less speculative type investors are buying large amounts of Bitcoin and there are more long term holders that just sell a lil if it goes up and buy a little when it goes down instead of just unloading their whole bag at once.. I know we've talked about this before
but yeah getting back to .1 while Bitcoin is in the 6 figure range would probably be most likely for Ethereum to get into the 5 figure range I imagine cause I think Bitcoin will likely hit 120k later this year maybe then crash down to 100kish like 20-25% by the time Ether peaks
yeah I guess we will see those metrics are interesting to look at I can't say I put a lot faith in them tho but they have been accurate in the past
Need the dip already
I'll dip my nuts in ur face haha!
my major life breakthrough was realizing adults you think are role models as children are actually just as incompetent and stupid as everyone else and 99% of their advice is terrible bordering on idiotic. this is doubly true if you come from a s*** family or have no real, successful mentors who actually know what they're talking about (with previous results)
I agree with you on this. Said something like this to someone else the other day. It’s funny when you’re younger you think adults are these all-knowing/wise individuals. The older you become and more educated you get, you end up realizing most adults are stupid as f*** and are basically grown children