AggieKatie2 said:

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LatinAggie1997 said:

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Waiting for BTC to drop below $30k (if it does) to buy the big alt coin dip....ready to load up...BTC, ADA, ONE and maaaaaybe more Shib.


Hodlers know what is going on and have diamond hands.

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They are desperately trying to get their DEX online and other use cases. I expect a coin burn eventually of some manner and possibly a token split to .are it more attractive by reducing the massive circulating supply. Lots of followers and more and more coverage. Lots of petitions for Coinbase, Robinhood, Etoro, etc.

I expect it to eventually get to $.001 but with help maybe $.10
All depends but the community is growing and they are loyal.

It's a long shot lotto for me...hopefully the next Doge craze but with some utility.

I had 50M SHIB, but I sold. I can't get past the number of SHIB available and that even to get to a penny it's market cap would be historically massive. What's your expectation for it?

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LatinAggie1997 said:

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AggieKatie2 said:

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LatinAggie1997 said:

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Waiting for BTC to drop below $30k (if it does) to buy the big alt coin dip....ready to load up...BTC, ADA, ONE and maaaaaybe more Shib.


Hodlers know what is going on and have diamond hands.

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I had 50M SHIB, but I sold. I can't get past the number of SHIB available and that even to get to a penny it's market cap would be historically massive. What's your expectation for it?

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I expect it to get to $.001 and with help to $.1
There will be a DEX launched soon and thwy are trying to gain use cases. They community is strong and loyal amd growing by the day. Many petitions to get listed on Coinbase, Robinhood, Etoro, etc. A coin burn and possibly a token split should happen to reduce the massive supply. It is a lotto for me just in case it becomes the next Doge....I 2ant to be in early.

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Bad signal currently...apologies for odd and multiple posts.

Well that was the market cycle - too bad hindsight is always too late. See y'all in a few years.

Getting ugly now. My LINK buy order for $17.10 filled!

Yeah, this is starting to really suck.

Yikes BTC might lose 30k here

I think they all have 5 to 10% more downside before somewhat of a bottom is found

So what are we buying up this morning? So far I have picked up more ADA, ETH, Matic, and have a buy order in for BTC @ 28500.00

Dump a roonies

Is this the end for crypto?

went ahead and did some wash sales on ETH, BTC, ADA, XLM, and ALGO from yesterdays sales. I'm sure that there is still a good bit to drop but figured these prices were low enough.

AgDev01 said:

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went ahead and did some wash sales on ETH, BTC, ADA, XLM, and ALGO from yesterdays sales. I'm sure that there is still a good bit to drop but figured these prices were low enough.

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Interesting you bring up wash sales. I was thinking about those recently. Wash sales only make sense if you expect your income tax rate in 2021 to be higher than in the future, right? Since when you do a wash sale, you reset the cost basis of your shares, meaning when you ultimately sell for good you will be reporting a larger gain than you otherwise would have?

Just bounced right off of year open price.

My train of thought was that there would continue to be more drops. Since i have some gains i can offset this year i figured id go ahead and sell at a loss and wait for it to drop another 10% from my sell price to buy back. that may be way too premature...

You are correct that the gains will be higher than what they would have been if i had not sold as i now have a lower cost basis, but that will also be offset by the fact i have more crypto now that i did when i sold. So more taxes in the future but also more to gain.

$LITH hasn't taken too much of a hit so far.

Will be interesting to see how their first conference call goes this afternoon.

Everything else has been brutal.

Added more SOL today.
Would have done the same for DOT had Coinbase not been trying to gouge the premium. It's trading at $15 on Binance and Coinbase wants $19. Ridiculous.

YouBet said:

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I'm holding all of mine. It was always fun money and diversification for me.

Will ride it and look at it again in a few months.

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I was extremely fortunate to make a good amount trading, but never got stuck holding bags.

I re-entered a few cryptos with small positions too soon, BUT I'm holding until there's a full recovery, even if it takes a couple years.

Got a question about coins like Yearn.finance. Wouldn't (or shouldn't) they be moving money around in a way that lets them take the lowest hits and capitalize on the highest gains? It was at 98K at one point and then has just plummeted ever since.

Did we bottom out?

Champ Bailey said:

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Got a question about coins like Yearn.finance. Wouldn't (or shouldn't) they be moving money around in a way that lets them take the lowest hits and capitalize on the highest gains? It was at 98K at one point and then has just plummeted ever since.

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Are you talking about the yield farming strategy? Doesn't matter how much it's making it's still subject to the whims of Bitcoin and the overall market. Every coin is plummeting.

TxAG#2011 said:

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Champ Bailey said:

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Got a question about coins like Yearn.finance. Wouldn't (or shouldn't) they be moving money around in a way that lets them take the lowest hits and capitalize on the highest gains? It was at 98K at one point and then has just plummeted ever since.

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Are you talking about the yield farming strategy? Doesn't matter how much it's making it's still subject to the whims of Bitcoin and the overall market. Every coin is plummeting.

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Yes exactly that. I get that the whole market is down, I just would have thought that by design, these would take smaller hits than the average hit the market takes, because they are moving the yields around to whatever is hurting the least.

Champ Bailey said:

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TxAG#2011 said:

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Champ Bailey said:

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Got a question about coins like Yearn.finance. Wouldn't (or shouldn't) they be moving money around in a way that lets them take the lowest hits and capitalize on the highest gains? It was at 98K at one point and then has just plummeted ever since.

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Are you talking about the yield farming strategy? Doesn't matter how much it's making it's still subject to the whims of Bitcoin and the overall market. Every coin is plummeting.

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Yes exactly that. I get that the whole market is down, I just would have thought that by design, these would take smaller hits than the average hit the market takes, because they are moving the yields around to whatever is hurting the least.

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Yea probably. Doesn't have any impact on the price though. It saw a huge runup so not surprising it had a huge drawdown.

Look at Ethereum - 8 billion annualized cash flows and still down huge

Why the hell does ETH always take a massive dip right when the market opens.

The stock market.

I'm holding ETHE and ETH always dips right around or right before 9:30 AM ET.

Jeezz Sam is putting in work. If you aren't long SOL and FTT what are you even doing here anon

Cryptocurrency derivatives platform FTX is partnering with Major League Baseball as a sponsor and the organization’s official crypto-exchange brand https://t.co/A2bAEjiqYw

— Bloomberg (@business) June 23, 2021

I haven't read last few pages but is anyone going in on Iron (Titan) ? Its crashed pretty hard. Anyone got any thoughts on it?

Do y'all know anything about Bitcoin Latinum?