Zombie coins specifically are an easy way to do this. It’s why you’re seeing all the pumping being done in shit coins that crashed years ago.
Doubled so far. Memez r fun.
Yah it’s pretty scammy, but it’s being mentioned a ton. I even heard some NFL rookie wants his signing bonus in SafeMoon lol.
None of it makes sense, but I’m gonna maintain a chunk and hope it’s the next Doge/GME.
Btw that doesn’t mean I’m telling you not to sell. Half the posts in this thread are of me selling something too early because I approve of trying to jump the gun.
Based on previous cycles it would seem that BTC can go much higher from current prices. And what I think might happen is that the bottom falls out on all but a few alt coins and Bitcoin resumes it move up. Its just that the players that are pushing up the alt coin markets are not in it for the long haul. More of the try and get rich quick crowd that will trade in and out of coins buying tops and selling dips. There going to get slaughtered.
Shit I screwed up massively twice now. I was building crypto positions, mostly BTC, with monthly buys from mid 2018 all the way through February 2020 then the pandemic hit i lost my mind and liquidated in April and took a big loss. Then of course the market started grinding higher. So I have like 9500 on coin base in cash. So May 9 i cant take it anymore and I buy back in. 5k ETH and the rest i divided up between LINK and TESOS. And I hold or at least i held. When the stock market Crashed at the end of August the crypto market dipped to so i decided to sell half of my holdings. But I missed clicked the ETH sell and sold 21 instead of 11. I was holding 23.xx. I realized the mistake but did not correct it and ended up using that cash to buy ETH at much higher prices in November. I also picked up some light coin and stellar. I went over my transaction history to see what the mistakes cost me and shit it was a lot man a lot.
Even not counting the first one if i just would have held what i bought in May, it was May 9th. i would have been sitting on 100k profit that would all be Long term cap gains next week instead its wat less. Anyway its a hard game to play and most will get smashed and I think that leads to these crazy volatile markets.
The face book post i saw today mentioned safemoon. Its the first time i have heard of it. I just now got it
The name not the coin
Safe
Moon.
[quote=“Theorangone, post:1044, topic:4193, full:true”]i would have been sitting on 100k profit that would all be Long term cap gains next week instead its wat less. Anyway its a hard game to play and most will get smashed and I think that leads to these crazy volatile markets.
[/quote]
I hear ya man, it’s tough. I had about $10k in ETH when it was sitting at $380 and decided to put it all on various Biden bets figuring I’d put it right back in ETH the day after the election. So my bets get held up for like a month and a half b/c of the stupid lawsuits and of course ETH starts exploding. Once I finally got my money back I figured I’d wait for a sell off that never came. That one cost me about $100k (if I’d held most of it, but kinda doubt I would’ve), but nothing that can be done now. Just gotta move on and wait for the next opportunity.
I did that too, some sites were offering 10% free money for biden in lock blue states and I still lost because they paid out too late
Poker bad beat stories > crypto bad beat stories imo
Real answer, I keep almost all my money in cash because I’m a fish. I own zero stock, $17 in Bitcoin cash, and the rest is in the bank or my safe.
Oh and the $650 + 7 NFTs on topshot (that I still can’t cash out) and the low 4 figures in physical sports cards. Square city up in here.
Conventional wisdom these days is to have 3-6 months cash tops and the rest in investment assets. I personally think that’s insane, but such is the world we live in.
I also don’t really care about being “wealthy”, need to have cash on hand to play medium - high stakes PLO, and my mortgage / nut is laughably small.
It’s why I’m fine making fun of people spending 5 figures on NFT cubes and shit and don’t have FOMO. Like bro, my mortgage is $275 a month.
Do you live in a trailer or how is this possible?
Like why not just stick it in VOO or VTSAX? Last year I had a ton of cash then when the former guy lost I said fuck it lets pick up some 0-15% or more easy gains right
I live in a house that would be near 1M in San Diego. I live in Oklahoma City with my partner. 3BR 2 BA 1400~ sq ft with a yard. That’s my half of the mortgage.
Because the current stock market gains seem untethered from reality, and I don’t really want to move 5 figures in an out of an account if a good 10/25 plo game comes up. I admitted I’m a fish.
There’s a token called CREAMPYE
I think we should go all in
My mortgage is zero. Where there’s a will there’s a way (usually as long as you’re willing to live far enough off the beaten path).
Just so you all can live vicariously through me,
this is what it looks like when the VPN screws up and/or I forget to turn it on or reset it:
I don’t know specifically what Mone meant by ‘significant amounts’ but I’d suspect it might qualify, and if you want a sweat, forget chasing a dog coin pump, the real hard shit is waking up sweating if all your shit was frozen or seized by the exchange.
JACKED TO THE TITS
I’m pretty sure my Binance account is a legacy account from before they made Binance US. I rarely log into it but think I got that message once and panicked. Haven’t opened it since. Am I fucked?