OT- Bitcoin
- Thread starter redwine65
- Start date
The fundamentals are:
1. It's volatile - You can make money on it pretty quickly if you have brass balls.
2. Overall crypto has a cycle now for 15 years following BTC.
3. Every time some anti crypto guy says it's gonna die and is trash it seems to punk him and bust through the ceiling to new highs.
4. There are two kinds of people - Those who wish they would have bought some and those who regret selling it too soon.
Avax price seemed to stall when genzler went after them...before that it was booming , cause of deals with google type companies...now that genzler is gone I'm guessing the case drops..thus the rise back up to break even levels..(I was in a hole on that too) I think I'll hold because genzler is gone and it's starting to go green...thats just what I could make of the whole thing
I have like 85 different alts now...lately I just threw down a lil money in small alts like kambria, tower and ufo to buy at the bottom...
some say the next 80 days will see alot of action
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Yes trades beta to SOL by a long shot and has been doing so all cycle. More volatile both ways, but long terms performance will be better
SOL pry has another 4x in it
WIF/BONK pry a 10-20x left. These will be memecoins that hedge funds, etc will buy that are Solana based.
SOL is the ETH of this cycle. ETH had Doge/Shib last cycle which ran to like $80 billion and I think like $40 billion MC, respectively.
SOL has WIF and BONK as leading memecoins. Both sitting around $3.5 billion MC at the moment.
This cycle is also going to be bigger. $8-$12 Trillion total MC compared to think it was like $3-$5 trillion range last cycle
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It will go up by quite a bit and I’m a big fan. With ETH running now we are just now beginning alt season when they start running like crazy.
A lot of the Web3 games coming out (Off the Grid the one I’m most excited about) were developed on AVAX, and it has other real world use cases.
Hold until at least middle of 2025 and probably start taking profits at that time. Personally I think we go to end of 2025, but you can’t predict exact timing, but can be directionally correct with macro = crypto.
Keep eye on global liquidity and listen to Real Vision for when the cycle is getting close to the top.
You think wif could get up to $40? Interesting. Thanks for the info.
Crazy BTC was under $50k just 4 months ago
hopefully alt season makes btc look like a bear market
107k today... crazy!
Dude, I'm right with you right there. I'm alts right now. COTI, BONK, ICP, PNG, and GST
I wanted an AI, a video game token, a meme, and somthing that's trying to be serious.
I got btc and the rest is: link, eth, render, inj, cro, super, ftm, imx, prime, sui, avax, dot, aave, ada, qnt, fet, jasmy, sol, ondo, tao, pendle, near, beam, xrp, pepecoin, ksm, ilv, mkr, basedai, sei, icp, movr, aioz, cfg, op, mina, gpu, elgd, wild, matic, coti, ankr, nxra, xcn, aero, apt, pols, ocean, glmr, trac, tower, kat, agix, shrap, gala, orai, lmwr, axl, syrup, rose, bigtime, velo, snx, dsync, stx, ufo, blast, morphai, bnb.....
I'm thinking about hbar and drift...
I must have fomo
How are you going to have time to ladder out of all of those. Either you are retired or you can take time off whenever you want,
I quit my job a couple years ago when btc hit 16k..it was stressing me out I got promoted to something over my head.
we know trump won't mess with btc, eth, ondo, link, aava or cow...thats what eric trump buys
or cardano for that matter cause he wants charles as a advisor
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I’m a simple guy..
I got BTC and ETH but my biggest bag outside those is CRO. Majority was purchased around .06, what’s your thought on CRO.
Appreciate you.
they said cro will hit a dollar, in alt coin season because of all the commercials...it hit I think around 80 cents before.
what I'm wondering is now that bitcoin is a green light for trump and wall street...will people sell bitcoin and go into alts as much? that I heard is what starts the alt coin season...I got cro at a average of .08...so we will see
I just use cro for alts I can't get with meta mask and coinbase..their fees seem high to trade compared to Coinbase
His picture is in the dictionary next to the term BTC Maxi
I believe this is the money of the future, the presses will stop printing currency at some point, it's too expensive and they can't track it as well as a crypto. I just don't believe that BTC will be the official government sanctioned currency.
I'm trying to make what I can because it out performs anything but a few individual stocks. (I shouldn't have sold my TSLA and picked up COIN SO early) I'm not really interested in the technology portion, I couldn't fully understand it if I tried. I work with my hands as an electrician mostly.
This is the part I get lost in the weeds for sure. I cannot understand how Coinbase charges me for trades. I made 37k last year trading crypto and the best ballpark I can figure is they charge me 7% to buy and 10% to sell. I don't know how I would compare that to other exchanges.
Like why don't they just come up with a flat % FEE that one can understand? The way I understand it, they base their fees on frequency of trading. Which sucks for me. With crypto I'm not a day trader but I'm not looking to make a passionate statement by HODLing forever either.
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