Author Topic: Bitcoin and Cryptocurrency Thread (Read 185179 times)

BobFromPikeCreek · « **Reply #780 on:** January 11, 2018, 07:15:19 PM »

I know right? I'm many times over my initial investment so I'm really not shaken, but imagine being the guy who threw a bunch of money at crypto for the first time yesterday.

Huff · « **Reply #781 on:** January 11, 2018, 07:29:39 PM »

Well I’m def in the red but it’s not enough money lost or even thrown in that I’m concerned about.

We’ll see how it goes in the long term

Assimilate · « **Reply #782 on:** January 11, 2018, 08:53:59 PM »

Quote from: Huff on January 11, 2018, 07:29:39 PM

Well I’m def in the red but it’s not enough money lost or even thrown in that I’m concerned about.

We’ll see how it goes in the long term

even with the little i threw in it's still like.... FUCK, i could have pulled out an extra 1,000 for doing nothing. Ya know?

Atramental · « **Reply #783 on:** January 11, 2018, 08:55:51 PM »

I've learned so many valuable lessons in these last couple of days.

Atramental · « **Reply #784 on:** January 11, 2018, 10:30:45 PM »

https://www.instagram.com/p/Bd0FvU8jACZ/

(thought it was amusing that Beeple was using that piano sample from Drake's started from the bottom)

BobFromPikeCreek · « **Reply #785 on:** January 11, 2018, 11:02:37 PM »

Looks like everyone packed up and bailed on CV.

Atramental · « **Reply #786 on:** January 11, 2018, 11:38:49 PM »

Yeah, those wolf signals or whatever... shit wasn't going great. It was frustrating seeing the coins they were signaling already on the rise (some had already hit the first sell target or where outside of the buy zone). And when you waited for the coins to fall back down into the buy zone they would continue to drop/bleed out after you bought them fairly low and you would end up holding heavy bags. Some of them (MCO for example) hit the stop loss or got really close to the stop loss.

Thankfully I've only paid for a month of premium. And, granted, BTC going on a crazy bull run then plummeting shortly after didn't help matters.

Anyways, I think I'm starting to get a better handle of when to buy and when to sell now.

Once I sell off the rest of my bags I'm going to try and scope out coins on my own.

Atramental · « **Reply #787 on:** January 12, 2018, 12:18:42 AM »

Atramental · « **Reply #788 on:** January 12, 2018, 01:03:06 AM »

Goddamnit. Sold all of my RLC way too soon.

I saw the cup and handle formation right before my eyes and *boom*

edit: volume was non-existent the whole time and it looked like it was going to dump any second...

headwalk · « **Reply #789 on:** January 12, 2018, 01:06:43 AM »

can this shit hurry up and burst so I can a get a new GPU for something other than arbitrary hamster wheeling.

stufte · « **Reply #790 on:** January 12, 2018, 01:36:57 AM »

invested 5 dollars in bitcoin today. I'll buy you all some gum when I hit it big.

toku · « **Reply #791 on:** January 13, 2018, 12:47:28 PM »

https://motherboard.vice.com/en_us/article/9kng57/dogecoin-my-joke-cryptocurrency-hit-2-billion-jackson-palmer-opinion

agrajag · « **Reply #792 on:** January 13, 2018, 12:52:57 PM »

I made over 3 grand on ether since about december. 3x my investment. My only ragret is that I was too shook to buy more on the dips.

Atramental · « **Reply #793 on:** January 13, 2018, 02:45:14 PM »

When I see posters on /biz/ about to an hero over a dip that's when I know it's time to buy.

Syph · « **Reply #794 on:** January 13, 2018, 03:22:21 PM »

Quote from: agrajag on January 13, 2018, 12:52:57 PM

I made over 3 grand on ether since about december. 3x my investment. My only ragret is that I was too shook to buy more on the dips.

ether just hit $1400USD

Atramental · « **Reply #795 on:** January 13, 2018, 03:25:33 PM »

Should've held some eth back when it was trading around 200 and 300 USD. Oh well.

edit: the crypto kitties shit really put a sour taste in my mouth.

Atramental · « **Reply #796 on:** January 13, 2018, 04:35:18 PM »

I legit cackled at this.

Atramental · « **Reply #797 on:** January 13, 2018, 05:26:54 PM »

https://coincheckup.com/coins/burst/predictions

Really bullish on Burst at the moment.

If this shit hits 1 dollar I'll have over $100K

Huff · « **Reply #798 on:** January 13, 2018, 05:51:30 PM »

Do these predictions even mean anything

Atramental · « **Reply #799 on:** January 13, 2018, 05:57:16 PM »

Quote from: KissVibes on January 13, 2018, 05:54:19 PM

Since you assholes are driving up the prices of video cards, can one of you rich monsters give me $400 so I can afford a 1070? I'M BROKE.

Get a coinbase account and I’ll send you some litecoin you can cash out.

Also, as additional thanks for helping me get laid.

Atramental · « **Reply #800 on:** January 13, 2018, 05:59:38 PM »

Quote from: Huff on January 13, 2018, 05:51:30 PM

Do these predictions even mean anything

Assuming the overall alt market keeps on trending upward and you didn’t buy a vaporware shitcoin, yes.

Atramental · « **Reply #801 on:** January 13, 2018, 09:52:57 PM »

Quote from: KissVibes on January 13, 2018, 09:48:36 PM

Quote from: Atramental on January 13, 2018, 05:57:16 PM
Quote from: KissVibes on January 13, 2018, 05:54:19 PM
Since you assholes are driving up the prices of video cards, can one of you rich monsters give me $400 so I can afford a 1070? I'M BROKE.
Get a coinbase account and I’ll send you some litecoin you can cash out.

Also, as additional thanks for helping me get laid.

If you're serious, I had set up an account a while ago when I thought I could be a cool cyber banker. KissVibes is my nickname.

Totes serious. PM me your litecoin address and I'll send you some.

edit: sent

toku · « **Reply #802 on:** January 13, 2018, 10:01:48 PM »

I'm "wildmarks"

ep in stores now

Atramental · « **Reply #803 on:** January 13, 2018, 10:08:18 PM »

Is this your latest EP on here? October Sweets?

https://wildmarks.bandcamp.com/

edit: just bought it. bless up.

Atramental · « **Reply #804 on:** January 14, 2018, 01:21:25 AM »

Man, I don't know what's worst.

Waiting for a good entry point to buy back in or waiting for a good exit point to sell at.

Right now I'm watching RLC bleed so I can rebuy...

Atramental · « **Reply #805 on:** January 14, 2018, 02:53:35 AM »

The moment of truth is almost here...

If it breaks up I'm buying. If it breaks down I'll wait some more....

edit: it's really struggling to break out.

I could see it going right back down to where I originally sold it at this point.

toku · « **Reply #806 on:** January 14, 2018, 09:56:30 AM »

s/o atra, crypto king and good dude

spoiler (click to show/hide)

rip femme atra

[close]

CatsCatsCats · « **Reply #807 on:** January 14, 2018, 12:01:06 PM »

Yo Atra gimme like $20 so I can try not to lose it

Atramental · « **Reply #808 on:** January 14, 2018, 09:19:21 PM »

Quote from: CatsCatsCats on January 14, 2018, 12:01:06 PM

Yo Atra gimme like $20 so I can try not to lose it

I don't think it works like that.

People are more likely to lose other's money (especially if there's no real risk for losing it all).

Just discovered a great tool for identifying bases. Basically, anything below a base is great buy in point and anything above it is a great sell point.

https://qft.hodloo.com/

It's fairly new so there will be more additions later on. (also, you can ignore the arrows but it just shows where the app creator bought and sold coins)

Atramental · « **Reply #809 on:** January 15, 2018, 03:21:59 PM »

Such a slow day...

Better than things crashing and burning but I hate having buy and sell orders just sitting there for hours if not days.

Also, I forgot to put a break even sell order on Steem when it spiked up really quick so I'm still holding those bags.

BobFromPikeCreek · « **Reply #810 on:** January 15, 2018, 07:29:12 PM »

Slow day? I'm jealous. Everything's red

https://coinmarketcap.com/all/views/all/

Atramental · « **Reply #811 on:** January 15, 2018, 07:31:10 PM »

It was slow ...now red.

Eh, I'm just going to keep on holding.

They say during chop like this it's the worst time for swing traders (i.e. me) but a good time for holders and expert day traders.

CatsCatsCats · « **Reply #812 on:** January 15, 2018, 08:41:54 PM »

Considering buying a small amount of lite coin just for shits 🤷‍♀️

Great Rumbler · « **Reply #813 on:** January 15, 2018, 09:52:46 PM »

Quote from: toku on January 13, 2018, 12:47:28 PM

https://motherboard.vice.com/en_us/article/9kng57/dogecoin-my-joke-cryptocurrency-hit-2-billion-jackson-palmer-opinion

agrajag · « **Reply #814 on:** January 15, 2018, 10:10:18 PM »

Quote from: Atramental on January 15, 2018, 07:31:10 PM

It was slow ...now red.

Eh, I'm just going to keep on holding.

They say during chop like this it's the worst time for swing traders (i.e. me) but a good time for holders and expert day traders.

I've been a giant pussy lately and not bought anything on the dips, I could've made a good amount.

Atramental · « **Reply #815 on:** January 16, 2018, 12:32:47 AM »

I think once January has passed and as we go into February things will begin to recover. Lotta alts with big announcements through Q1 and Q2.

Freyj · « **Reply #816 on:** January 16, 2018, 12:59:50 AM »

I’m just hodling ADA and XLM indefinitely now I guess. Doing the swing trade thing was fun for a while, but ending up with heavy bags while ADA / XLM hit new highs was too stressful. Might check out some ICOs.

Baiano19 · « **Reply #817 on:** January 16, 2018, 10:29:09 AM »

Atramental · « **Reply #818 on:** January 16, 2018, 10:40:34 AM »

*checks bittrex balance*

CatsCatsCats · « **Reply #819 on:** January 16, 2018, 10:43:06 AM »

You ever cash out that 10 off the top?

Atramental · « **Reply #820 on:** January 16, 2018, 10:47:43 AM »

No... And it would be really bad selling at such loss at this point.

I'm just not going to look at my portfolio and just go about my day/week/month like it doesn't exist.

I've made my bed. Time to sleep in it.

Joe Molotov · « **Reply #821 on:** January 16, 2018, 10:53:19 AM »

when the bitcoin dream turns into a wagecuck nightmare

Atramental · « **Reply #822 on:** January 16, 2018, 10:55:34 AM »

There was the December sell off.
But also forgot there's a January sell off as well.

We're gonna be alright, brehs. Just hold tight:

End of this year though *phew* I'm cashing the fuck out as much as humanly possible.

Skullfuckers Anonymous · « **Reply #823 on:** January 16, 2018, 11:11:57 AM »

Even with the 'crash' this weekend I'm still up 50% over the last month.

Atramental · « **Reply #824 on:** January 16, 2018, 11:15:13 AM »

I'm still up by a lot as well but it really sucks when I was really really up by a lot and now I'm not.

BobFromPikeCreek · « **Reply #825 on:** January 16, 2018, 11:30:43 AM »

Hopefully we eventually go back to the November/early-December times where you could put money on pretty much anything and see it moon within a week. :'(

Assimilate · « **Reply #826 on:** January 16, 2018, 12:33:56 PM »

Where else can i buy ripple? at 1.30 it's too good to pass up. i wanna drop a G but i can't fucking sign up on bitterex.

Skullfuckers Anonymous · « **Reply #827 on:** January 16, 2018, 12:36:51 PM »

Quote from: Assimilate on January 16, 2018, 12:33:56 PM

Where else can i buy ripple? at 1.30 it's too good to pass up. i wanna drop a G but i can't fucking sign up on bitterex.

I think Bitfinex has reopened to new registrations.

CatsCatsCats · « **Reply #828 on:** January 16, 2018, 01:24:45 PM »

Nope, just tried

Oh sorry I can’t read worth shit thought you said bittrex

toku · « **Reply #829 on:** January 16, 2018, 03:15:14 PM »

https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

agrajag · « **Reply #830 on:** January 16, 2018, 04:06:13 PM »

Yikes

Assimilate · « **Reply #831 on:** January 16, 2018, 04:06:16 PM »

how's binance? anyone have any experience ?

CatsCatsCats · « **Reply #832 on:** January 16, 2018, 10:17:30 PM »

I feel like I’m winning everyday as I consider buying coins and don’t

Baiano19 · « **Reply #833 on:** January 16, 2018, 11:11:34 PM »

Quote from: Assimilate on January 16, 2018, 04:06:16 PM

how's binance? anyone have any experience ?

I have binance, it's very easy and fast to trade there.

Here's an invitation btw https://www.binance.com/?ref=11318651

I think this dip will be much deeper than previous ones though

zepblackstar · « **Reply #834 on:** January 17, 2018, 12:49:07 AM »

Quote from: Baiano19 on January 16, 2018, 11:11:34 PM

Quote from: Assimilate on January 16, 2018, 04:06:16 PM
how's binance? anyone have any experience ?

I have binance, it's very easy and fast to trade there.

Here's an invitation btw https://www.binance.com/?ref=11318651

I think this dip will be much deeper than previous ones though

think the same only because a lot of new money came in and a good deal went to shitcoins that were pump and dumps

CatsCatsCats · « **Reply #835 on:** January 17, 2018, 10:37:27 AM »

Man I’m really glad I did not buy litecoin when I was musing about it

thisismyusername · « **Reply #836 on:** January 17, 2018, 10:38:12 AM »

Quote from: CatsCatsCats on January 16, 2018, 10:17:30 PM

I feel like I’m winning everyday as I consider buying coins and don’t

Smart man. If you're going to invest, at least do it the traditional way. Not on buttcoins.

https://www.reddit.com/r/SubredditDrama/comments/7qzrmq/on_rbitcoin_an_investor_complains_that_coworkers/

Please, Atra. Don't be this dude.

Atramental · « **Reply #837 on:** January 17, 2018, 12:02:18 PM »

I still have more money in crypto than I would ever have if I invested in stocks for a year.

BobFromPikeCreek · « **Reply #838 on:** January 17, 2018, 12:49:20 PM »

Quote from: Atramental on January 17, 2018, 12:02:18 PM

I still have more money in crypto than I would ever have if I invested in stocks for a year.

Yup, same

Atramental · « **Reply #839 on:** January 17, 2018, 01:19:21 PM »

Here's a message from one of my signal groups if you want to get in on this dip:

Quote

CRYPTO MARKET UPDATE
We are currently seeing a nice little bounce from BTC and in affect, the whole market. This is an indication that the free fall is slowing down, by no means are we calling this the bottom, a healthy recovery will see a nice bounce or two before the real climb begins.

In saying that, now is a great time to start buying all of those lovely cheap alts.

Alts we recommend for strong recovery are as follows-

ETH
NEO
BCH
BTG
XZC
XRP
STEEM
STRAT
QTUM

BINANCE ONLY
BNB - BUY HEAVILY
WABI
VIBE
IOTA

While these might not be the top gainers, they are guaranteed to have nice steady, full recovery.

What strategy should we employ?

Given the current climate of the market (high volatility) and the very real prospect that the market will take another dive before starting the full recovery. We recommend employing a very simple strategy of Dollar Cost Averaging (DCA). Some of you may have heard of this strategy, some may have not.

For those unfamiliar with DCA please give this link a quick read-
https://en.wikipedia.org/wiki/Dollar_cost_averaging

Its a pretty simple strategy which involves dividing your capital into equal parts and buying each instrument periodically without emotionally regarding the price and therefore achieving an average price in which you will break even and turn profit, it is very a common strategy to employ during a downtrending market and while conservative, very reliable and well proven.
- Please note, this is a VERY brief description of the strategy and if you are unfamiliar with it, we recommend reading the above link to get the full grasp

Summary
So in short, we recommend you employ DCA strategy to continually buy the above altcoins periodically over the following days/week or so (if you have other favourite alts, please go ahead and buy them, our list is purely guidance of what we consider the 'safest' buys)

If you have any spare fiat/usdt, you can start employing the same strategy for buying btc.

News:

Author Topic: Bitcoin and Cryptocurrency Thread (Read 185179 times)