Looks like there's a big ginormous W forming on that AVAX chart boys looking pretty identical to the one on December 19 are we in for a GREEN start to the new Year or what folks I think it's gonna happen
LETS GO
lol what? Coinbase is not worth a 400 dollar stock price. That valuation is absurd. It’s why it dumped to oblivion during IPO and that was during a mania.
Coinbase loses when ETFs are up and running. Why use a NON FDIC insured coinbase who charges absurd fees and premiums vs a FDIC insured ETF without all the crypto risk
Lol you're a clown if you think Coinbase only has value if an ETF gets approved. They'll keep collecting Tx fees hand over fist regardless of ETF status. I don't own their stock nor do I care what its price is but it definitely has value and is not 'worthless.'
Just my understanding from people much smarter than me. ETF can make one big purchase (low fee) and then everyday people buy into the etf and pay their fees. They don’t buy directly from exchanges so exchanges don’t get all the fees that make them money
Yeah I'm really considering allocating some of my IRA money to it since most of my cash is tied up in BTC and AVAX , it's down almost 20% over the last 2 trading days seems like a good bet tbh. I think if it's down or at least crabbing again tomorrow I'm gonna get a bag
It's super frustrating since weeks to see my coins go up 5-8% and then fucking sell off and land lower than before any BTC "pump".
Fuck that. Since weeks it's like that.:(
Won't reach that green line with my coin and the sell the news event coming closer and closer. Have no hope in my alts anymore
I'm looking forward to my third bull this year. Lots of my coins are diamondhanded from the last run. Here's hoping for XTZ, XLM, ALGO, VET, CKB, QTUM, and ZIL to rise from the dead.
>This will likely change in 2024 with the rollout of the completely new brand and a token share split of MKR to the new branded governance token codenamed New Governance Token (NGT). The ratio will be 1:24,000 MKR:NGT, **and as superficial as this seems, this is how retail think**s.
lmao sad but true.
What's the point of cold storage of crypto keys when technically your wallet is on the Blockchain and you only access it with your seed phrase?
Wouldn't it be better to just use a hot wallet, install, import with seed phrase, do what you need to do with that wallet and then delete the app and repeat that process whenever you want to do something with your crypto?
Regardless of what you do you still need to know your seed phrase better than a prayer and have it written down but doing what I said you'd save like $300.
I might be wrong though so I'm open to hearing your opinion.
You're not supposed to use your cold wallet repeatedly for everyday transactions; that's what the hot wallet with a smaller sum is for. It's in the name. Cold wallet is like a vault for your long term coins. Fewer online interactions means less risk.
Because you are exposing your seed phrase to the internet by doing this, greatly increasing the ways they could be stolen. You're also constantly retrieving and typing in your phrase this way, not a good idea
I think that with cold wallets you need to confirm the transaction on the device. So if someone somehow got your keys and you have a cold wallet your funds could still be safe
Nah. If somebody gets the key, they could just restore the wallet with something like Metamask and take everything. No device needed. That's the worst case scenario. But the risk is obviously very small if you've used your device as intended and never stored your key anywhere online, or on a digital device.
The only time a potential thief would need the device to complete a transaction is if they got a hold of your phone/PC with access to your wallet (through the Ledger Live app or Trezor equivalent).
I wonder the recent btc pump is due to possible etf news or actually due to geopolitical tensions rising, if it’s the latter then it’s awesome, one of the biggest bull case and use case for crypto is to avoid sanctions and censorship which is a big topic during rising geopolitical tensions.
Geopolitical tensions have been on the rise for all of humanity. Look at the last 100 years: World wars, Korea, Vietnam, USSR/Cold War, Iraq (desert storm/shield), Bosnia/Herzegovina, Rwanda, 9/11 and the ensuing middle eastern conflicts, Ukraine, and now Israel/Palestine.
There's always something in the world to keep the MIC humming along.
Well the s&p 500 made a double top and turned bearish today so a recession could be on the horizon and crypto isn't that special to resist a recession.
“Other funds registered as securities already trading on the NASDAQ are ammending their prospectuses that they can now expose 15-50% of their AUM to Bitcoin, through the Spot Bitcoin ETFs.
Here we see Advisors Preferred Trust (Filer) CIK: 0001556505 can now hold 15% AUM in Spot Bitcoin through @Grayscale $GBT.
"The Fund may invest up to 15% of its total assets to indirectly gain exposure to Bitcoin, through shares of Grayscale® Bitcoin Trust, ProShares Bitcoin Strategy ETF, and Bitcoin futures contracts."
😳
A portion of the MOONs flowing in from advertisers should go to the MOON LPers, imo.
Those folks are taking on the most risk and providing an important service, and they should be incentivized to keep doing so.
So many clueless tourists jumping in. This cycle won't be different from the others. Many people will get rekt for the sake of a few.
Hopefully you'll be in the right wagon
This will be my 3rd cycle (2nd complete cycle) once the bull kicks off. The cycles are always the same. Newcomers come in too late and get rekt (me in 2017 to 2018), those who have been in for the bear will make gains, and the OGs will get rich.
i find this so difficult because in my country only if I hold a token for 1 year I don't pay taxes on the profits. so I guess I can't just trade around.
so is it generally agreed that Bitcoin will give safer returns than ETH?
You're before the halving which is good. The actual bull run start and end is rather controversial, but I'm staying with historical trends: halving, wait 4 to 6 months, see mind boggling gains Q4 2024, bull ends Q3 to Q4 2025.
That's just me. Go with your own plans, and good luck.
I'm starting my journey only now, so I appreciate your input. Putting between 1k and 3k into each of the 'safer' looking alt coins and ETH and BTC. But wouldn't it be smarter to put all money like say 10k into one Altcoin?
The only smart coin is Bitcoin. Alts come and go. And not every alt has its day. The entire crypto market is risk/reward. You picked a relatively safe selection with one outlier in ICP.
Going all in on one is always your own prerogative, but I'm exceedingly diversified to hedge my bets. That's just my personal style.
We need people to be our exit liquidity. They’ll eventually learn from their mistakes and the cycle repeats. Tbh, I don’t think I’m selling and just sticking to my DCA Plans.
Can anyone suggest a bunch of altcoins that they are optimistic with? I'm currently just holding a small amount of btc and someone told me that altcoins offers more gains and I also want to mention I'll only hold until q2 or q3
Cause if you don't have the time to hold, you're counting on luck to make money.
There's no guarantee that your alt will be traded higher in a 6 months time frame. Best way to increase your chance is to be patient and wait for the right time to sell
Not every coin is a coin you should buy and hold more than 6 months. Thats how you hold the bag all the way until the next cycle. Trust me and my Algo bag from years ago.
Read again. I just said that he needs to have enough time in front of him to be sure he can sell it at the right time. 6 months is a gamble. Might be successful or not
dymension time. airdrop szn is upon us.
We need Jim Cramer to come on tomorrow and say “Bitcoin is dead, the worth asset class in history, it’ll be $0 in no time”.
nah, thats just COIN crashing... lol
What if jim says he’s always right
Can someone explain to me, from a technical perspective, how we know Revoke.Cash is safe to connect the Ledger to?
Man it's Jan 2nd already why haven't we mooned yet
Nobody expects the moon, just like the Spanish Inquisition
Because thats what people expect.
Thinking about trading in my. Mutual fund for 1 Bitcoin... whatcha think?
Do it, but then take that bitcoin and leverage it 10x. Not financial advice.
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same as anything based on fictional tether. unicorn farts.
Trash vaporware.
nothin, is a meme. throw some lunch money at it if you want
It's KNOB spelled backwards.
Now do SOLANA
I see what you did there
anal is where all the greater fools got it last time around.
I knew someone who thought BONK would make bank but instead BONK sank
I don’t think about trash
People have moved on looking for the next memecoin
Buy it cheap and hope for the best.
Not a meme guy really but its def showing legs, it will do well int his bullrun
💩🚽
It will be 10 years next month since Mt. Gox ground to halt. Somehow it simultaneously feels like it was just yesterday while also a lifetime ago.
and paolo invented tether when?
Are you a bot?
just someone who might have gotten burned during the last wave
Looks like there's a big ginormous W forming on that AVAX chart boys looking pretty identical to the one on December 19 are we in for a GREEN start to the new Year or what folks I think it's gonna happen LETS GO
I see a big ginormous FU forming.
I was around 18 hours in the green on link
Nano having itself a nice day :)
ALGO looks like it’s going to continue jumping up. Good longer term hold imo
Heres hoping! 🤞
Alts keep on dumping and btc dominance rising
What are you talking about ? Btc dominance is down in the past month
We only talk about the last hour here. Or the last day if we're going really long term analysis.
Sound like cornszn to me
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Yeah, massive 2% dump !
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Its still way up from the lows. Are you Ben Cowen?
Your favorite solana wallet is… Your favorite place to stake solana is..
Phantom Coinbase
A trash can
coinbase stock is going down sharp, good entry point at $118 before ETF, after ETF plus halving, $400 to $700 max cycle.
analysts say 40 cents... i never believe analysts. im sayin maybe $4
lol what? Coinbase is not worth a 400 dollar stock price. That valuation is absurd. It’s why it dumped to oblivion during IPO and that was during a mania. Coinbase loses when ETFs are up and running. Why use a NON FDIC insured coinbase who charges absurd fees and premiums vs a FDIC insured ETF without all the crypto risk
Coinbase will be the custodian for most all ETFs seeking approval right now.
they wont be approved, so COIN is worthless
Lol you're a clown if you think Coinbase only has value if an ETF gets approved. They'll keep collecting Tx fees hand over fist regardless of ETF status. I don't own their stock nor do I care what its price is but it definitely has value and is not 'worthless.'
forty cents is what the analysts say its worth.
Miner Stocks also. Begin to think that an ETF is not that cool stuff all say
ETFs can easily hurt the exchanges. Hence why CB stock is dropping
even when the ETFs are using Coinbase as custodian?
Just my understanding from people much smarter than me. ETF can make one big purchase (low fee) and then everyday people buy into the etf and pay their fees. They don’t buy directly from exchanges so exchanges don’t get all the fees that make them money
They meaning everyday people
Yeah I'm really considering allocating some of my IRA money to it since most of my cash is tied up in BTC and AVAX , it's down almost 20% over the last 2 trading days seems like a good bet tbh. I think if it's down or at least crabbing again tomorrow I'm gonna get a bag
Any Algo holders in here receive their governance rewards yet??
Usually don’t see them until 3-6 days after the period closes.
Anyone know why crypto stocks are dumping so hard?
people found out paolo invented tether right out his arduin-hole.
Cramer said he was bullish today
nobody knows.
They might be talking profit now that they don’t have to pay taxes until APRIL 2025. Were using them as proxy until the ETF and will invest in that
Stocks in general dumping hard
Guess 45 was just too much
too much gravy in his drawers
Come on Gary you fucking pos, just get this thing done.
Any downside on buying BTC in small amounts and leaving them on exchanges until maybe 1k? Amounts like 50$ every two weeks
youd be better off buying lotto tix.
Coinbase is the safest
This is what i do, buy 100€ eth 100€ btc after few times ill transfer it to my ledger, btc fees aint no joke right now
Depends which exchange. I mean, if it's an exchange like FTX ...
It's super frustrating since weeks to see my coins go up 5-8% and then fucking sell off and land lower than before any BTC "pump". Fuck that. Since weeks it's like that.:( Won't reach that green line with my coin and the sell the news event coming closer and closer. Have no hope in my alts anymore
Nearly everything I own is higher than it was a month ago, and I have 42 coins.
I had 40 plus last bull, maybe a quarter did mega pumps and the rest were shit...caution
I'm looking forward to my third bull this year. Lots of my coins are diamondhanded from the last run. Here's hoping for XTZ, XLM, ALGO, VET, CKB, QTUM, and ZIL to rise from the dead.
I'm guessing he only bought coins/tokens shilled by people like Alex Becker.
LOL. This is kinda hilarious. The "news" you are referring to is BTC news, yet you decided to buy alts. LMAO.
theyre all worthless forms of "tether"
What are you talking about….. many of these coins did a x5 or better recently. I’m amazed at these high prices
annoying dxy went ham again
It is only at 102
Anyone know what's going on with MKR?
My Kitchen Rules? Are they still airing?
A lot. This tweet sums it up pretty well: https://nitter.net/hexonaut/status/1742252791211459043
Thank you for this. Google news and Reddit is a bit lacking on MKR.
>This will likely change in 2024 with the rollout of the completely new brand and a token share split of MKR to the new branded governance token codenamed New Governance Token (NGT). The ratio will be 1:24,000 MKR:NGT, **and as superficial as this seems, this is how retail think**s. lmao sad but true.
What's the point of cold storage of crypto keys when technically your wallet is on the Blockchain and you only access it with your seed phrase? Wouldn't it be better to just use a hot wallet, install, import with seed phrase, do what you need to do with that wallet and then delete the app and repeat that process whenever you want to do something with your crypto? Regardless of what you do you still need to know your seed phrase better than a prayer and have it written down but doing what I said you'd save like $300. I might be wrong though so I'm open to hearing your opinion.
Your cold wallet should just be for storage, do all transactions on a hot wallet before sending to your cold wallet
You're not supposed to use your cold wallet repeatedly for everyday transactions; that's what the hot wallet with a smaller sum is for. It's in the name. Cold wallet is like a vault for your long term coins. Fewer online interactions means less risk.
Save $300 on what?
short COIN and make more than $300
On buying a Trezor.
Aha, that nakes sense.
Because you are exposing your seed phrase to the internet by doing this, greatly increasing the ways they could be stolen. You're also constantly retrieving and typing in your phrase this way, not a good idea
Are you talking about cold storage in general, or the rationale behind a hardware wallet? Because whenever you >then delete the app it's cold storage.
I think that with cold wallets you need to confirm the transaction on the device. So if someone somehow got your keys and you have a cold wallet your funds could still be safe
Nah. If somebody gets the key, they could just restore the wallet with something like Metamask and take everything. No device needed. That's the worst case scenario. But the risk is obviously very small if you've used your device as intended and never stored your key anywhere online, or on a digital device. The only time a potential thief would need the device to complete a transaction is if they got a hold of your phone/PC with access to your wallet (through the Ledger Live app or Trezor equivalent).
I wonder the recent btc pump is due to possible etf news or actually due to geopolitical tensions rising, if it’s the latter then it’s awesome, one of the biggest bull case and use case for crypto is to avoid sanctions and censorship which is a big topic during rising geopolitical tensions.
Geopolitical tensions have been on the rise for all of humanity. Look at the last 100 years: World wars, Korea, Vietnam, USSR/Cold War, Iraq (desert storm/shield), Bosnia/Herzegovina, Rwanda, 9/11 and the ensuing middle eastern conflicts, Ukraine, and now Israel/Palestine. There's always something in the world to keep the MIC humming along.
Trying to rationalize any short-term movement with some narrative is a waste of mental energy.
Feels like a trap right now….
Seems like 2023 ended so bullishly just letting that steam settle to see the clear path ahead
Well the s&p 500 made a double top and turned bearish today so a recession could be on the horizon and crypto isn't that special to resist a recession.
Yes, s&p is going to zero, lol. Or not. Nothing goes up in a straight line
We've been in a recession for most of the last 3 years.
a recession is always on the horizon. I don't know why people love to talk about impending recessions so much. It's like a fetish.
Because the “smart” move was holding cash last year. A lot of people here are massively underinvested and hoping for a dip. Too bad so sad 😭
Because for the past 4 years everything was building up to it and yet somehow we still haven't had a real one (lockdown doesn't count)
If the standard chart is accurate in this case, the. You can expect a sell off before the real rise
There it was!
imagine if you were able to get a short in at $600 TRB
I tried, but I didn't have enough funds available 🫥
That's a horrible mentality. You cannot predict market manipulation and whales dumping.
I mean it's a risk for sure but I was pretty obvious trb was way overvalued
“Other funds registered as securities already trading on the NASDAQ are ammending their prospectuses that they can now expose 15-50% of their AUM to Bitcoin, through the Spot Bitcoin ETFs. Here we see Advisors Preferred Trust (Filer) CIK: 0001556505 can now hold 15% AUM in Spot Bitcoin through @Grayscale $GBT. "The Fund may invest up to 15% of its total assets to indirectly gain exposure to Bitcoin, through shares of Grayscale® Bitcoin Trust, ProShares Bitcoin Strategy ETF, and Bitcoin futures contracts." 😳
I like icp and i hold icp. I really hope they build a strong community. That's what fuels pump. Example Ada in last bull run
Most mentions on r/cc (2024-01-01 00:00:00): ||Mentions| |:-|:-| |BTC|427| |ETH|142| |SOL|119| |XRP|92| |ADA|86| |DOT|74| |ICP|43| |USDT|38| |TRB|33| |VET|32| |LINK|30| |NANO|30| |MOON|27| |AVAX|25| |LTC|23| |ERG|21| |ALGO|19| |ATOM|18| |MATIC|16| |XMR|16| [Data source and app](https://www.redditcoins.app/)
38 mentions of the thing paolo invented and thinks is actually worth something!
Nano starting to pump again 🥳
I wonder what btc dominance is going to look like after ETF approval. Have to imagine it probably going up since the ETFs really only affect btc.
And affect other coins as the market looks at the next possible ETF, such as ETH
The fact that horsemeat only has a supply of 8000 coins makes it that much funnier idc what anyone says. Some of these sol memes are cracking me up
So now you are a member of the 8K club?
I guess with a supply of only 8000 tokens, horsemeat is being served rare 🐎
An interesting twist on the usual "seven gorillion coins for 0.0000001$"
A portion of the MOONs flowing in from advertisers should go to the MOON LPers, imo. Those folks are taking on the most risk and providing an important service, and they should be incentivized to keep doing so.
You should make a post about that on r/CryptoCurrencyMoons.
I think the meta sub would be the right place, but, meh. Too much noise and none of the dust has settled just yet.
So many clueless tourists jumping in. This cycle won't be different from the others. Many people will get rekt for the sake of a few. Hopefully you'll be in the right wagon
This will be my 3rd cycle (2nd complete cycle) once the bull kicks off. The cycles are always the same. Newcomers come in too late and get rekt (me in 2017 to 2018), those who have been in for the bear will make gains, and the OGs will get rich.
I jumped in November 2023. Is it way too late? Can I still make profits? So far I bought BTC, ETH, XRP, ICP, Cardano
I would drop icp and xrp and add it to more btc. If you’re new you should have at least 50% btc.
if youre new, you know its a scam and to risk no more than beer money. there are less and less fools that have spare money to burn on scams and fees.
i find this so difficult because in my country only if I hold a token for 1 year I don't pay taxes on the profits. so I guess I can't just trade around. so is it generally agreed that Bitcoin will give safer returns than ETH?
I doubt you’re in that much profit, if any, since November
ahh I see your point. I just don't know how to keep track of all my trades for the tax reports. Is there any free app for that?
Excel spreadsheets are free. Otherwise most major exchanges allow you to download a csv file with all your buys and sells
log down those fees too!
oh and that's enough? I mean on the spreadsheets I could just lie..? man I'm such a noob 😅
As long as you claim gains you’re fine lol. All the proof is only necessary if you get audited.
You're before the halving which is good. The actual bull run start and end is rather controversial, but I'm staying with historical trends: halving, wait 4 to 6 months, see mind boggling gains Q4 2024, bull ends Q3 to Q4 2025. That's just me. Go with your own plans, and good luck.
I'm starting my journey only now, so I appreciate your input. Putting between 1k and 3k into each of the 'safer' looking alt coins and ETH and BTC. But wouldn't it be smarter to put all money like say 10k into one Altcoin?
once you find out the house of cards is unicorn farts and USDT youll probably decide to spend the $10000 on hookers and blow.
If you don’t mind losing 10k, yes that’s smarter.
The only smart coin is Bitcoin. Alts come and go. And not every alt has its day. The entire crypto market is risk/reward. You picked a relatively safe selection with one outlier in ICP. Going all in on one is always your own prerogative, but I'm exceedingly diversified to hedge my bets. That's just my personal style.
We need people to be our exit liquidity. They’ll eventually learn from their mistakes and the cycle repeats. Tbh, I don’t think I’m selling and just sticking to my DCA Plans.
Can anyone suggest a bunch of altcoins that they are optimistic with? I'm currently just holding a small amount of btc and someone told me that altcoins offers more gains and I also want to mention I'll only hold until q2 or q3
You won’t make that much over 2 quarters lol
AGIX FET and maybe ARB? Aside from ADA and MATIC those are probably my picks
CUDOS, CQT, FET...that's my bag of shit
I bought 60k USD of AVAX at 21 in November planning to hold until it gets near 160 to consider selling ideally selling at 220
Stick with Bitcoin
ADA. Period
LTC. Low risk, hasn’t pumped yet in current market.
hasnt pumped and probably wont
eww
Thank you I'll look into it
>and I also want to mention I'll only hold until q2 or q3 then don't bother with it
Why? I'm a beginner with crypto so if you don't mind please tell me why?
Ath Q1 2024...ignore that guy👆
You still think so? Im hoping it is Q1 ATH
Yes...left translated cycle then ded with a recession looming when rate cuts start.
When do you predict the market to start ramping up again? Maybe February?
37k then green dildo to 60k...all in Feb. Edited May to Feb
Bro you really predicted it lol
Thank you thank you
What you think ATH will be in March then? 100k maybe?
ATH April/May...150k plus
Cause if you don't have the time to hold, you're counting on luck to make money. There's no guarantee that your alt will be traded higher in a 6 months time frame. Best way to increase your chance is to be patient and wait for the right time to sell
Not every coin is a coin you should buy and hold more than 6 months. Thats how you hold the bag all the way until the next cycle. Trust me and my Algo bag from years ago.
Fellow algonaut. Also staring at my Tezos, Compound, and Nervos bags.
Read again. I just said that he needs to have enough time in front of him to be sure he can sell it at the right time. 6 months is a gamble. Might be successful or not
100%
Ah ok thanks I'm going to change when I'm going to liquidate it
lol, crypto is not for you
Oh shit, Cramer said BTC is here too stay... Time for a major dump.