Posted:
#2701
I’m not sure... I don’t know much about margin trading.
How have you been doing?
Crypto thread
Posted:
#2702
I made a quick 4K the day atom took off using margin trading. That was just sheer luck. Paid off those loans and walked out with that. Tossed that 4K into the ones you listed. Trying not to look at it every few minutes. It’s like crack. It’s addicting. As far as the margin trading, I try to stay medium risk. More purchase power. As soon as I see a coin go over 20%, I sell, pay my loans, reinvest into something that’s down, like atom. Currently -2.88% last 24hrs. I’ll be honest man, I’m not entirely sure what I’m doing but I’m trying to learn.
Posted:
#2716
I used to get slaughtered in this thread.
People called me an idiot for selling 2 houses, stocks and 401k for crypto during the bear market.
I remember once I deposited six figures into Coinbase and bought a bunch of shit. BTC was around $7500. ETH was like $220 or something. 2 days later BTC went to $3500 and ETH went to $90. I think it was like $140,000 I deposited that time and 2 days later the crypto I bought was worth like $55,000.
Even back then I was saying Bitcoin was going to $100,000 in 2021.
Now Elon Musk is buying billions in Bitcoin and people think I’m a retard for selling Coti at $0.10.
Posted:
#2717
Quote Originally Posted by satchmo76:
Hey Detox, kind of a weird question but I guess grayscale will have a ADA fund (like GBTC). I'm a little soured on altcoins on the exchanges (late 2017 dip/dealing with IRS regarding crypto/I'm getting old) so any opinion on how far cardano will go?
Hey Detox, kind of a weird question but I guess grayscale will have a ADA fund (like GBTC). I'm a little soured on altcoins on the exchanges (late 2017 dip/dealing with IRS regarding crypto/I'm getting old) so any opinion on how far cardano will go?
Grayscale filed the paperwork for a bunch of different crypto’s.
Cardano
Link
Atom
Monero
EOS
Polkadot
Aave
Cardano went to just over $1 in 2017/18 when they were just an idea and had no real product.
It seems as though they’re delivering a nice product. They still need smart contracts and people building projects on their blockchain which I think they’ll get.
I would bet they have some news/tricks up their sleeve during this 2021 bull run.
Cardano is a fan favorite.
The Market Cap is currently $24.5 billion. I’d be shocked if they can get over $100 billion.
My guess is $2
Posted:
#2719
Here’s my honest opinion.
I believe all of 2021 is a bull run for crypto. The same way 2017 was.
There is still time left.
It won’t go up in a straight line. There will be dips to scare and shake people out. And then at the end the real dump will come and people will think it’s just another dip.
Buy 3 strong ones and 1 or two long shots that could go 25x or something.
Something like this.
BTC
ETH
DOT or Cardano
ROSE
COTI
Things are pretty high right now — but they could certainly keep going higher. You might want to time your entry.
Sell towards the end of the year.
Posted:
#2721
I think there will be 2 mini alt seasons (we’re currently in the first one). And then one final big one with a blowoff top that will be massive.
Trying to time these can make a fool out of the best traders. But timing them correctly are insanely rewarding.
Selling alts for bitcoin and selling bitcoin for alts at the right times can also be massive.
Your age doesn’t really matter. This isn’t like buying Apple in the 80’s and holding for 50 years. We have this year. And then it will happen again in 2025 the year following the halving.
This is my opinion and I could certainly be wrong.
Posted:
#2723
A few things could change this
1. A stock market crash — everything dumps
2. Corporations, hedge funds and countries buy bitcoin/Ethereum/get involved in DeFi. Then they would take control, change the game and anything could happen. — everything stays higher and it’s not a sell at the end of the year.
Hot Forum Topics
