OT any of you investing in Cryptocurrencies?

[NY2TheBay]

How low you think this dip is gonna keep going? I wanna get in on some stellar if it drops to .20 again

I’m not a financial advisor, wait , but stellar is at its support level. XLM shouldn’t go any lower.

[robillionaire]

Y'all surviving the correction ok? Bought a little more ETH at 940, looking to buy more in lower 800s if we see it again. Still avoiding the alts for now

[Maury2423]

I cashed out about 2 days ago, it hurt seeing my profits go down day by day and I just didn't have a good feeling. My last move to try to get some more profits back was going all in on VEN before i went into class when it hit 5.25ish on binance then i sold at at 6.50 when i got out of class. I'll buy back in at a later date. I think it's going to be a tough market for a few weeks, I'm not basing this on anything, it's just a feeling.

GL to everybody

[13ringsruling]

lol weak hands are selling out
hold your coins or buy the dip and then in about 2 weeks its time for takeoff. happens every year.

[13ringsruling]

Man these dips are scary. I keep thinking its over and then it goes even lower..

Gonna grab more ADA and TRX while they're cheap as hell. I think both will go up when the market rises again and corrects itself.

Plus I think its likely people getting their tax returns will boost the crypto market in the next 2-3 months because most people see that as 'extra' money.

man.....stay away from tron. thats all i can say. ada is a solid 2+ year hold. but stay far far away from tronix.

[Maury2423]

lol weak hands are selling out
hold your coins or buy the dip and then in about 2 weeks its time for takeoff. happens every year.

I've never understood this...if I bought 1crypto at $100 then it goes to $175 and then drops to $150, if I cash out I have a 50%profit. And when if continues to drop to $75, I can buy back in with the $150 I cashed out but instead of just having 1 coin I would have I would then have 2 coins. I can tell you I've done this several times and it's worked out more than 70%. I've made more money and increased the amount of coins that I owned doing this than just holding. Of course it can come back and bite you in the ass but it's worth the risk imo

Obviously you have to take into consideration taxes because you sold the crypto.

[Maury2423]

For example I sold my 100(random number) of ven at $6.50, if I wanted to buy ven right now at roughly $5.00 i have about 120-125 Ven. I would increase the amount of ven i own by 20-25%. So when it goes up to 6.50 again, I would have $780-$812.50 instead of $650.

[DOLPHIN2020]

Hats off to you guys gambling and actually cashing out crypto, for a profit.

Ive been buying gold and bullion alittle at the time, over the years.
Either 1oz gold coin or bar, and 10oz silver bars.

smart man, this is real stuff that has been around for mellinia, not some bogus made up virtual coins

[NBA Fan 1234]

[DOLPHIN2020]

thanks. very telling charts.

[ZKnicks]

Great charts...not looking good right now.
Put all my coins on my nano yesterday.
Think I'm done looking at this for a while. I'm not selling anything, but I think it's going to be a rough few months and it would be in my best interest for my mental state to not look at anything crypto related til like June.
Who am I kidding, I'll probably check another 20x today

[13ringsruling]

lol weak hands are selling out
hold your coins or buy the dip and then in about 2 weeks its time for takeoff. happens every year.

I've never understood this...if I bought 1crypto at $100 then it goes to $175 and then drops to $150, if I cash out I have a 50%profit. And when if continues to drop to $75, I can buy back in with the $150 I cashed out but instead of just having 1 coin I would have I would then have 2 coins. I can tell you I've done this several times and it's worked out more than 70%. I've made more money and increased the amount of coins that I owned doing this than just holding. Of course it can come back and bite you in the ass but it's worth the risk imo

Obviously you have to take into consideration taxes because you sold the crypto.

i have done this plenty of times as well.

timing the market is more-or-less impossible. who knew the dip would be THIS drastic?
which is why i said to buy the dip (to cost average down.)

if ada and xlm drop anymore....... its time to pickup some more

[EnigmatiC]

everything skyrocketing right now will it hold up?

[EnigmatiC]

Nano (RaiBlocks) listed on Binance

[IllmaticHandler]

Before you panic sell, ask yourself 'who is about to buy this?'


Seriously everyone, who do you think is buying when you panic sell? "Other **** **** them it's their problem now" ?? When you panic sell at times like this you are offloading your crypto to people who are very aware that the market will swing back up. Institutional money was never going to jump into crypto at the ATH and make all is little guys rich in the process, that not what they do. They manipulate markets, using the media, and they shake out the weak hands so they can scoop up everything they want for fractions of the price. The **** thing is it's working. Those guys you saw buying lambos and bull at the end of last year are the ones who didn't panic sell after the Mt Gox crash thinking "Atleast I'll come out of this with something". Look at the volumes at the moment, look at the amount of coins being accumulated right now, who do you think are the ones doing that? You think a bunch of investors with deep pockets just stumbled ass-backwards into the market and don't bother reading the news? Think. If you're selling right now you are selling to rich guys that know something you don't.

Put the phone down, go an do whatever it was you were doing before crypto for the next month, for the next three months even. Or don't, panic sell to guys that know exactly what they are doing and lament it at the end of the year. We all saw the comments and posts of people warning that after the bull market will come days when everything drops 20% round the board. Well those days are here. No one ever got rich panic selling.

I'm not frustrated cause my portfolio is dropping, it'll be back. I'm frustrated because all of us little guys have the possibility to ride this wave up because we got here early, and we're dropping like flies at the moment. It's going to be heartbeaking reading this sub in a year's time seeing everyone who sold now thinking it was the end. Look at the tech, look at the partnerships both corporate and government. This isn't pokemon go, it's not a fad that only lasts a few months. Crypto isn't going anywhere, please don't waste this opportunity. //@cminarto

[nykgeneralmanager]

thanks. very telling charts.

No they're not. They're cherry-picking any random time period of bitcoin that overlays that chart well. That's pretty simple to do with any asset.

EDIT: Not to mention, with bitcoin itself you can overlay that bubble chart about 10 other times. It is completely meaningless.

[IllmaticHandler]

thanks. very telling charts.

No they're not. They're cherry-picking any random time period of bitcoin that overlays that chart well. That's pretty simple to do with any asset.

Its not that Random. Its in the last year when bitcoin hysteria happened and it reach its ATH. So it's not cherry picking, its that bitcoin has come to fit the model proposed in the first picture in the last year.

[nykgeneralmanager]

thanks. very telling charts.

No they're not. They're cherry-picking any random time period of bitcoin that overlays that chart well. That's pretty simple to do with any asset.

Its not that Random. Its in the last year when bitcoin hysteria happened and it reach its ATH. So it's not cherry picking, its that bitcoin has come to fit the model proposed in the first picture in the last year.

Right, so picking the last year because it fits well is cherry-picking. As I said, you could make the same chart of bitcoin 10 other times. So what good is it?

Lets look at a log chart for perspective

[IllmaticHandler]

No they're not. They're cherry-picking any random time period of bitcoin that overlays that chart well. That's pretty simple to do with any asset.

Its not that Random. Its in the last year when bitcoin hysteria happened and it reach its ATH. So it's not cherry picking, its that bitcoin has come to fit the model proposed in the first picture in the last year.

Right, so picking the last year because it fits well is cherry-picking. As I said, you could make the same chart of bitcoin 10 other times. So what good is it?

Lets look at a log chart for perspective

a classic example of missing the point. Its only in the last year that it fits the Model.

You focusing on the chart and missing the bullet points. Everything kinda laid in his model of a bubble happened this year. BitCoin became Mainstream with Media and all the FOMOing etc THIS YEAR. The "stealth phase" was all the years it was under the radar until to 2017. Charts for any other year does not apply.

[IAmTheBest]

lol weak hands are selling out
hold your coins or buy the dip and then in about 2 weeks its time for takeoff. happens every year.

I've never understood this...if I bought 1crypto at $100 then it goes to $175 and then drops to $150, if I cash out I have a 50%profit. And when if continues to drop to $75, I can buy back in with the $150 I cashed out but instead of just having 1 coin I would have I would then have 2 coins. I can tell you I've done this several times and it's worked out more than 70%. I've made more money and increased the amount of coins that I owned doing this than just holding. Of course it can come back and bite you in the ass but it's worth the risk imo

Obviously you have to take into consideration taxes because you sold the crypto.

i have done this plenty of times as well.

timing the market is more-or-less impossible. who knew the dip would be THIS drastic?

fyi this is completely wrong and 13bringsruling is right.

I do it too.

look at my post on page 52 of this thread. I called the 7600 BTC on the dot and because of it i made out like a bandit this morning during the dip and subsequent skyrocket. i also posted other other signals on ven and xlm which turned out to be accurate

There is something known as technical analysis that, while it's obviously not a predictive crystal ball, allows you to operate based on a multitude of indicators that more or less give you a good enough idea to be able to hedge bets and profit in any kind of market. bear traders literally thrive off of these down markets using such techniques

there is nothing wrong with holding and riding it out. in fact i recommend it to less experienced traders and investors because trying to time the market without knowing wtf you're doing will leave you gashed. dollar cost averaging is a fine strategy in general