Chaos Commish
Footballguy
not just dapps, but defi in general is clearly in the crosshairs.I'm not too worried about ecosystems, but would be worried about defi dapps that plug into them.
not just dapps, but defi in general is clearly in the crosshairs.I'm not too worried about ecosystems, but would be worried about defi dapps that plug into them.
What kind of portfolio are you trying to build? A bunch of 0 or 100X low probability gambles? A blend of moonshots with less risky stuff?I have my PULSE and HEX stake.
I'm moving 30K from stocks into crypto.
Consensus on what to go into?
I have my PULSE and HEX stake.
I'm moving 30K from stocks into crypto.
Consensus on what to go into?
Checking him out thanksGeorge is a good follow for noobs. He's been all about bitcoin lately, but that's unusual for him. He preaches a 50-25-25 allocation. 50 btc, 25 big cap alts, 25 mid small and carefully vetted micros. He's proving the wisdom of this by showing every move he makes with a new portfolio funded with 5k and then $100 a week through Christmas. Two shows a day, morning and night. Lighthearted for the most part. I consider him my news. You can skip the Q&A that ends every show. It's can be informative but it's just a bunch of yes/no/dunno as he gets grilled on this and that.
Also KGB, your HEX guru sounds like an excellent resource.
Just watched the whole thing.Pulse investors, errrrrrrrr, medical research donators, what are your thoughts on this?
Last minute HEX sacrifice
Just watched the whole thing.
Pretty fair report. Makes opinions on both sides. I wish I was smart enough to have a valid opinion lol.
Although this is a sacrifice. I'm not in it for a cause. Just in it for money. So that's what I'm hoping for
Need thoughts on ALGO. Still at a great buy in price of $.88 but is it going the way of ADA?
What I mean is, that while you (obviously) can invest in it, the Algo FDN isn’t going around trying to figure out how they can increase our investments. They aren’t trying to be up over last quarter. They aren’t shilling gimmicks to get others to buy in to keep current ALGO holders happy and more on board. It’s not a stock where shareholders will get mad if they don’t make their sales.
They are putting energy into getting their technology into use. While it could be equated to “helping investors” by doing that, it’s not what they are doing. They are getting ALGO out as a superior tech, and what happens with investors happens.
Thanks, makes me want to buy more AlgoJust because "I" am moving away from ADA doesn't mean it's "going the way of something". I'm a teenytiny voice in the cryptosphere who makes dumb mistakes all the time.
Algo and Ada have some things in common. Brilliant proven founders who both have nearly chastised their holders for constantly asking and worrying about price. Both have stated clearly they don't care about price. They care about their projects accomplishing big goals.
You have to respect that. But blockchain allows for lots of clever ways to boost price. Algo and Ada won't play those games. Does it hurt the price? Maybe short-term but long-term they're doing it right soooo? Dunno. I still own both. I will move away from ADA. I'm probably patient with Algo. It's the most superior tech in the business and I doubt anyone can catch them. A genius Turing award winner for a founder and over 100 Phds as developers. Algo is fantastic. Charles/ADA mentions it all the time.
From Algo Reddit:
I follow way too many projects twitter feeds. Algo has a marketing girl, but it's pretty dead space compared to 100s of others. Charles does too much on twitter for my liking, but at least he's out their keeping us informed.
And still below all timeI'm taking CTO Larsson's advice and trading less. The price action will dictate if we need to start de-risking, but as it stands BTC is at three months highs despite the Senate passing a bill that would overly regulate crypto.
Sam Bankman-Fried of FTX was on CNBC this morning and opined that the market is up in this environment because it's shown how much support there is for crypto by some legislators.
Will the banking industry do their damnedest to neuter the defi threat? Of course. But there's a whole lot of other lobbies that will be fighting for the US to lead this technological revolution rather than let it sail off to foreign competition. Wall street is the financial capital of the world. If the US over-regulates the industry, that will no longer be the case in a couple decades.
I personally think wiser heads prevail and even if the bill passes the House as-is, it'll be fixed before implementation in 2023.
I will have stakes in BTC and ETH. Also PLS and HEX and ADA.What kind of portfolio are you trying to build? A bunch of 0 or 100X low probability gambles? A blend of moonshots with less risky stuff?
XHV and ILV are moonshots with the former just recovering from a dramatic fall and the latter with a non-stop run of late. If you're concerned with entry points at all, I'd consider waiting on a pullback with ILV.
All that said, if you have the time and interest, I'd recommend doing your own research on this stuff. One thing I've learned in my few months in crypto, I'm better off finding stuff on my own rather than shadow trading someone here or on Youtube.
Sure, but I don't think you have to wait for ATHs before getting long.And still below all time
I think if you're trying to deduce anything from a project's price action, you wouldn't consider personal entry points.From my snapshot the first week of july when i bought or cost averaged
Link and Dot are up 36 and 38%
Solana and ADA 20 and 19%
Guess it depends on when you bought.
I'm considering 6 weeks (a dip i bought) vs two days (ADA waking up)I think if you're trying to deduce anything from a project's price action, you wouldn't consider personal entry points.
I understand why you'd want to look at it that way. I certainly do the same thing. My post regarding ATHs, though, was more of a macro look and pondering why LINK and DOT are lagging relative to the market in general.I'm considering 6 weeks (a dip i bought) vs two days (ADA waking up)
edit - i always take time stamped snapshots when i make significant changes. it's mostly a curiosity if the changes beat the general market.
when i say i make dumb moves, it's all here in writing. dumped so much eth to get into homerun swings. just... terrible.ETH gonna throw the market on its back today. Easy climb to 3,400 from here.
Nah. Not dumb. So much of this is luck and being at the right place at the right time. You're crushing some other stuff so I think it's working out just fine.when i say i make dumb moves, it's all here in writing. dumped so much eth to get into homerun swings. just... terrible.
if not for the tking save that was paired to eth, i would be miserable about it.
i owe @eoMMan for that one. drinks on me any time
I spent some time writing you a private message. I kept laughing that I was "typing in my mind" first and realizing it was gonna become a novel. So I tried really hard to keep it short. Then I clicked on something and poof, gone forever. hahaNah. Not dumb. So much of this is luck and being at the right place at the right time. You're crushing some other stuff so I think it's working out just fine.
Dammit. Now I'm intrigued.I spent some time writing you a private message. I kept laughing that I was "typing in my mind" first and realizing it was gonna become a novel. So I tried really hard to keep it short. Then I clicked on something and poof, gone forever. haha
I don't want to influence anyone here, and I know Cranks thinks for himself and would have enjoyed his reply, but alas. I made another dumb mistake.
It started with a book recommendation. Out of the Ether, Matthew Leising
I'll leave it at that, recommended for all interested. I think a redditer tossed up a free pdf if want to look for that. And I'll add, cryptically without explanation, this is about 50% of why I am not supporting ADA. The explanation and other 50% is lost in the ether.
Okay. It isn't stuff I want to post publicly. Accusations, assumptions, suppositions. Insulting stuff. Some drama. There's a rebuttal to all of it, that I don't accept entirely. So since beer 30 is also interested, I have an offer to save me a bunch of that typing I lost. If not ready to read the book, find the excerpts out there regarding Hoskinson.Dammit. Now I'm intrigued.
Ugh CryptoTwitter is like throwing 50 vomiting toddlers in a closet and feeding them skittles.Interesting tweet thread that started yesterday.
pretty high percentage of "nope, not still holding ada"
That first comment about market cap - current crypto market cap is $1.7-1.8T. Wouldn’t be surprised if by 2030, that is $100T.Interesting tweet thread that started yesterday.
pretty high percentage of "nope, not still holding ada"
Out of curiosity.. with the complete global supply of currency at $6.6T USD, and total supply of Gold valued around $7-8T... we really expect crypto cap to hit 20x either of those?That first comment about market cap - current crypto market cap is $1.7-1.8T. Wouldn’t be surprised if by 2030, that is $100T.
In reality, the vernacular of market cap should be replaced by network value. If ADA survives, a fair ‘if’...would imagine ADA would have at least a 13 figure network value.
depends on who you follow. i follow the projects, not influencers. you want to know what's coming follow the projects. you want that weird thing you said, follow influencers.Ugh CryptoTwitter is like throwing 50 vomiting toddlers in a closet and feeding them skittles.
it'll also absorb corporate treasury value, equity value, and corporate and government debt. As Michael Saylor aptly puts it, it's the digitization of money, just like the internet digitized information.Out of curiosity.. with the complete global supply of currency at $6.6T USD, and total supply of Gold valued around $7-8T... we really expect crypto cap to hit 20x either of those?
One thing that stuck with me in my Youtube ventures a couple months back was a quote that said something to the effect of 'crypto is a game of patience'. Whoever said it was referring to DOGE and how if you were patient enough to hold when it was meandering around $0.05 for a couple months earlier in the year, you just earned yourself a 10X.Interesting tweet thread that started yesterday.
pretty high percentage of "nope, not still holding ada"
There’s a #### ton of speculation in the current market cap. It’s akin to Apple or Microsoft or Amazon right now with a company that has great potential but almost negligible actual revenue for the company. Sure, the stock of the company trades and there’s revenue for the trading exchanges that sell that stock but the actual company whose stock is $1.8T has no revenue. I own just BTC right now so I don’t miss the party but I’m not a big believer in the coins as investments and so many of these billion dollar projects will end up worthless. It’s very similar to tons of tech companies like the original search engines (only Google is left and they were a late comer). Every EV company was worth billions when it was all speculation. You still had your Tesla, but Nikola and Lordstown were valuable too but pretty quickly people realized that some of the business plans weren’t going to pan out and there’s very likely more shake out. Maybe Subaru goes under, maybe Fisher too, but almost any code can create coins and a project. There’s just way too many projects to be useful so be prepared for 90%+ of them to be gone once the handful of winners rise up. Even Richard Heart, who I don’t know if he’s a good or bad guy, just said that he thinks there could be a 90% drop because it’s all speculation with nothing really happening.Out of curiosity.. with the complete global supply of currency at $6.6T USD, and total supply of Gold valued around $7-8T... we really expect crypto cap to hit 20x either of those?
Crypto isn’t just about currency...it really will be the displacement of all financial vehicles that we know and are familiar with today (and more types that we haven’t even thought of, much like the internet brought forth new business models and information access/pathways).[icon] said:Out of curiosity.. with the complete global supply of currency at $6.6T USD, and total supply of Gold valued around $7-8T... we really expect crypto cap to hit 20x either of those?
We're already there on these.Crypto isn’t just about currency...it really will be the displacement of all financial vehicles that we know and are familiar with today (and more types that we haven’t even thought of, much like the internet brought forth new business models and information access/pathways).
This is a real cool representation of ‘all the money in the world’...it includes real estate, equities, derivatives, etc. Crypto has the potential to disrupt/displace many of these. Now, I don’t think that happens all by 2030...but the amount of growth/innovation we’ll see over the next decade in this place will be astounding. Not just from a tech perspective, but probably more importantly from an adoption perspective. The day is coming where via crypto, you’ll be able to invest in fractional Park Avenue real estate. You’ll be able to earn real spendable income playing video games. Banks certainly won’t have a monopoly on lending money and say goodbye to 0.4% APR on your savings. That will simply generate laughter.
Now, I do agree that many of the projects we see today will not exist 5 years from now. It’s not that they are bad projects. It’s just that what seems incredibly innovative today, will be table stakes in 3-5 years.
Found a littleI couldn't find anything on Hoskinson in 20 minutes of internet research except for some potential prostitution story. Doubt that's it. Whatever. Ima get back to watching this huge green candle.
Found a little
https://twitter.com/BobSummerwill/status/929155116736790529
https://www.youtube.com/watch?v=c_FzZenA6PI
Links found in this article
what do you like about DOT?Made my first trade in a while this morning...Out of ADA for a 50% profit. Moved on to XLM again.
Sitting on Matic right now up about 80%. Can't decide what to do with it. DOT is tempting me.
I've been trying to use a variation of the Larsson Line Indicator to determine the longer term trend. Right now the only two coins in the top 20 that have flipped bullish are ETH and SOL. Even BTC and ADA are still lagging although they may flip soon.Made my first trade in a while this morning...Out of ADA for a 50% profit. Moved on to XLM again.
Sitting on Matic right now up about 80%. Can't decide what to do with it. DOT is tempting me.
My book is similar. You guys will probably laugh at me....but when I started in crypto about this time last year I really tried to research these things, looking at projects, time lines, etc. That turned out to be completely overwhelming so now I just subscribe to one of those trading target guys. I really could care less about the projects or use of these coins now....I'm jsut looking for quick profit.what do you like about DOT?
FWIW, I have BTC, ETH, ADA, and smaller positions in BAT, SOL and Theta.