Crypto-trading thread

928,516 Views | 9585 Replies | Last: 22 hrs ago by Yukon Cornelius
@NFLPlayerProps
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Barclays just disclosed they bought $131M of IBIT in Q4. Many other examples of this. Institutions are quietly accumulating.
Ziggy Sobotka
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AG
Anybody know anything about Pi Network, been mining on this free app for a while and now it looks like it will finally go live on the 20th, anyone else been mining?
will25u
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Been doing it for a while.

I turn off ads, and I have disabled most permissions for the app.
Bag
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AG
btc just chillin...

whats next?
Heineken-Ashi
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I consider myself pretty smart, but much of this, and the terminology, is still over my head.

Can someone ELI5 Hayden, LIBRA, and sniping?

TxAG#2011
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Just a fancy way of saying he was in on the pump and dump scheme for the token. "sniped" aka sold at the top before it crashed.

These people are POS.
Yukon Cornelius
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AG
That's not what sniped means. It means it was purchased at the same block the token was launched. Which is only doable via paying node validators a lot fo money on ethereum. Not sure how the blockchain worked on sol. But they paid someone alot of money to process both the launch and buying of the token in a single block. So before anyone else had a chance to buy.
@NFLPlayerProps
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Stop ****coining. That's the lesson here.
TxAG#2011
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Ah got it. I am running behind on the lingo these days it seems
Yukon Cornelius
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AG
It changes faster than I can keep up with. You're essentially right now. Inside job. Pump and dump.
jamey
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AG
@NFLPlayerProps said:

Stop ****coining. That's the lesson here.


That's what I'm starting to think.

I can't see that anything other than bitcoin has any semi stable, long term value.

Everything else seems like a short term.game to get out while you're up and move on to the next ****coin
Bag
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AG
so, 20% off the BTC top is $87, looking to get back in then
Heineken-Ashi
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@NFLPlayerProps said:

Stop ****coining. That's the lesson here.
Don't worry. I made some easy money on good setups and took profits. Stopped out on others. There isn't a single coin with a promising setup right now. Literally none.
idAg09
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Heineken-Ashi said:

@NFLPlayerProps said:

Stop ****coining. That's the lesson here.
Don't worry. I made some easy money on good setups and took profits. Stopped out on others. There isn't a single coin with a promising setup right now. Literally none.


You out of FET and XRP?
Heineken-Ashi
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idAg09 said:

Heineken-Ashi said:

@NFLPlayerProps said:

Stop ****coining. That's the lesson here.
Don't worry. I made some easy money on good setups and took profits. Stopped out on others. There isn't a single coin with a promising setup right now. Literally none.


You out of FET and XRP?
Was never in XRP. Yes, got stopped out on FET, which was a huge bummer. If it can form another setup I might try again. But it has a lot of work to do.
fauxstradamus
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AG
idAg09 said:

Heineken-Ashi said:

@NFLPlayerProps said:

Stop ****coining. That's the lesson here.
Don't worry. I made some easy money on good setups and took profits. Stopped out on others. There isn't a single coin with a promising setup right now. Literally none.


You out of FET and XRP?
I've been pretty happy holding HYPE through this altcoin/memecoin dump.
Yukon Cornelius
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AG
Not a TA wizard but ondo looks great to me. Backed by Peter Thiel. Need I say more lol?
Yukon Cornelius
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AG
Where you buy it?
Yukon Cornelius
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AG
PAXG
fauxstradamus
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AG
Yukon Cornelius said:

Where you buy it?
hyperliquid.xyz
Yukon Cornelius
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AG
Don't forget to do your taxes. I use coin ledger. Very good software for It
will25u
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will25u said:

Been doing it for a while.

I turn off ads, and I have disabled most permissions for the app.



Well, if I didn't lock up the vast majority of my coins, I could sell now for $13,000+.

Not bad for taking 5 seconds out of my day every day to hit a button. But I guess since I locked them up, who knows what the price will be when they are unlocked.
TTUArmy
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jamey said:

@NFLPlayerProps said:

Stop ****coining. That's the lesson here.
That's what I'm starting to think.

I can't see that anything other than bitcoin has any semi stable, long term value.

Everything else seems like a short term.game to get out while you're up and move on to the next ****coin
BTC was the first coin in the game. Thus, BTC has developed trust, perceived value, and acceptance. Personally, I've never been in a category of trusting any crypto. It was just a learning opportunity for me. Hell, I don't trust the US dollar either...which is another conversation.

I've owned BTC and other cryptos and made roughly $25K trading them...but I am out. This stuff goes through too many boom-bust cycles for me to be comfortable with it. The hype around these sheetcoins lolmooning is just that....hype.

If you're going to be in crypto, my advice is to stick to BTC. If you like to gamble or day-trade in sheetcoin crypto movement, absolutely best of luck to you. There is money to be made if you can tolerate the risks. Long game is probably in BTC...and not much else...including Brad Garlinghouse's Ripple/XRP....which I owned and made a lot of money on the pump once Gary Gensler was removed from the crypto drama.
Yukon Cornelius
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AG
I bought into sonic. If it dips I'll go in a lot more
Yukon Cornelius
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AG
Ondo - Peter Thiel backed DeFi platform that is getting setup to offer stable coin with yield backed by US treasuries.

Avax - picked by JPmorgan to help hybridize their private bank to bank blockchain

Link - provided pricing data for all the onchain activities.


PAXG - gold backed 1 to 1.

Sonic - emerging layer 1 backed by Andre (cheap compared to other layer 1s)
MR Gadsden
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Too many booms and busts yet it continues to trend up and to the right against the dollar over the longer time period. You might do well to dig a little deeper into the history of BTC (it is not the first coin) and the history of Fiat money. A great place to start would be Layered Money by Nik Bhatia.
fauxstradamus
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AG
MR Gadsden said:

Too many booms and busts yet it continues to trend up and to the right against the dollar over the longer time period. You might do well to dig a little deeper into the history of BTC (it is not the first coin) and the history of Fiat money. A great place to start would be Layered Money by Nik Bhatia.
second this. He has another book coming out soon too that is focused on BTC. Smart guy that started in TradFi
IndividualFreedom
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Quote:

Ondo - Peter Thiel backed DeFi platform that is getting setup to offer stable coin with yield backed by US treasuries.

Avax - picked by JPmorgan to help hybridize their private bank to bank blockchain

Link - provided pricing data for all the onchain activities.


PAXG - gold backed 1 to 1.

Sonic - emerging layer 1 backed by Andre (cheap compared to other layer 1s)


I own Link

Sonic, i can see it (S) but Coinbase will not let me purchase it.

AVAX i see at 24.95

ONDO Finance? at 1.24
Yukon Cornelius
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AG
Yes those are them.

Sonic requires a bridge from eth (FTM token) to sonic via Sonic lab.

Also dyor. I'm not recommending these. Only sharing what I have.
@NFLPlayerProps
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Howard Lutnick confirmed as Secretary of Commerce, missed that news a couple days ago. Steps down as CEO of Cantor Fitzgerald ($5B AUM with ~20% of that in MSTR) and appoints his sons to top positions. I believe they also own about 5% of Tether and manage their treasury holdings.

Here's what Cantor Fitzgerald bought in Q4:



Lutnick is expected to work with Bessent (also notably pro-bitcoin) to create and oversee Trump's new sovereign wealth fund.
Yukon Cornelius
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AG
Wonder what he's going to put in it?
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