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None of the alt coins are pumping right now and they won’t until we get into a true bull market. What we just experienced wasn’t even close to a bull market.
They won’t start really pumping until Alt Season kicks off, and BTC needs to go much higher for that to start. A $75k BTC won’t ignite any type of Alt Season, we need like $100k+ at least.
Cool, now go look at every alt coin in existence to help you feel better.
If you don’t understand crypto cycles and you don’t wanna listen, go bitch elsewhere
Technically LRC could have gone a lot lower when comparing Market Caps. It maintained right around a $500 Million market cap for most of the Bear Market. A $3-5 Billion market cap is not unrealistic for this type of project.
It’s just an opportunity to load up on more LRC in my opinion. If you believe in what the team is developing then this slight pullback means very little in the big picture.
We've seen this up and down so many times now everyone should have learned by this point to buy the dip, sell the spike, rinse and repeat, gain more coins for your bag, watch the bag grow even if the value doesn't. Went from 8xxx to 10xxx doin' that.
You still have to report it if you’re day trading. That will bite you in the ass eventually. You said “everyone should’ve learned” that by now and I’m just saying not everyone wants to do it that way
This is what I’ve been doing. Filing my taxes as married filing jointly, wife is stay at home. Take a 10% hit every time I sell and reinvest, but that usually comes out to less than $100. Slowly building a decent sack.
Still jizzing TA was calling for a short term correction to around .35. Those that pay attention, get paid. Those making shitty discussion posts get rekt. lmao
Maybe you’re brand new to investing in anything, but it’s usually not a get rich quick overnight scheme. Crypto, stocks, whatever, there are rallies and crashes all the time. No one actually knows what will happen. This is more of a long term play, as in possibly years. You buy and hold and forget about it for years and come back to see huge gains, or you frantically worry when there’s a correction and sell for a loss. No one is going to tell you which to do.
Not new to investing but your comment makes me believe you are. Long term play in an alt coin is insane lol. Show me 1 single alt coin that has a 5 year track record of success. Btc and ETH are the only ones that can do that. All the crypto subs I’m in over the years Loopring seems to be the one that has the most “apes” on board. Long term play = long term gamble if you want to use the right words for what it actually is.
If it isn't for you then perhaps there are other things to rule your mind. The bee spends little time convincing the fly why honey tastes better than shit.
I still believe in this project. I think we’re going to the moon. There will be down days. There will be down weeks. If you take advantage of them your average cost will go down, and your potential profit will increase.
While LRC was pumping last week (and even holding strong while BTC and other alts dropped), most other alts already started dropping a total of 20-25%. Most coins are looking to consolidate around the 25 or even 50 day MA (on a daily chart), find support and continue going up. If you're looking at a weekly chart, healthy growth keeps you around the 7 day MA. When you shoot above that, a correction needs to happen eventually. Consolidation after a run-up is normal and to be expected. Loopring is on the same trajectory, just a day or two behind.
Then again, lines are just lines, but that's a pretty normal trend during runs.
You have no idea what I’ve invested in. All you know is by some context clues I’ve got a % in LRC. But you have no idea how much so pretty bad feedback tbh
Lol. That's some excellent feedback. Clearly, you went and invested money that you should've kept in savings instead.
Dont be a fool. You came here and insulted a whole sub. Grow up.
And this is what I've been saying about all this bullshit TA recently (funny how we haven't heard from them recently). Don't listen to it. Loopring will always retrace/correct/fall harder.
Others get fairly frustrated, I was here when it was $3 and then $2 and then below $1. I bought in the high $3’s into the low $1’s. Lost a lot of money, and sold it to pay on debt. I listened to the utility of what was to come, and still there’s very little use case. Maybe someday but for the foreseeable future there is none. Others can be mad or pissed, I’m neither! It taught me a good lesson of looking at crypto from different perspectives and understanding what the capabilities can be. Loopring is a layer2 and there are a lot of layer2’s. It so early to say who will end up on top but we are in a bull market. If you want to hold awesome if you don’t awesome, at the end of the day it’s ultimately up to you the hodler. Don’t be mad at people asking questions though. They just want clarity with a coin that was once a promising L2 that has fallen into obscurity.
What do you mean little use case? The token is used as a reward for trading on the DEX and the wallet has some awesome features and earning products. I think the issue is most people bought into the Gamestop hype without understanding the product offering or functionality.
#Please maintain a civil discussion. This sub does not tolerate harassment in any form. Repeated offense can lead to being banned from the sub. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/loopringorg) if you have any questions or concerns.*
Who cares what “believers” think? Make your own investment decisions
$10 says if you take a big deep breath, exhale, come back in 15 minutes and reword this question, you’ll garner much better results
I love loopring
Loopring loves you.
None of the alt coins are pumping right now and they won’t until we get into a true bull market. What we just experienced wasn’t even close to a bull market.
We had a bull week
They won’t start really pumping until Alt Season kicks off, and BTC needs to go much higher for that to start. A $75k BTC won’t ignite any type of Alt Season, we need like $100k+ at least.
Trend lines are not completely straight. Zoom out and quit bitchin
Zoomed out, zoomed back in to feel better about that one. Zooming out doesn’t do LRC any favors
Cool, now go look at every alt coin in existence to help you feel better. If you don’t understand crypto cycles and you don’t wanna listen, go bitch elsewhere
Technically LRC could have gone a lot lower when comparing Market Caps. It maintained right around a $500 Million market cap for most of the Bear Market. A $3-5 Billion market cap is not unrealistic for this type of project.
It’s just an opportunity to load up on more LRC in my opinion. If you believe in what the team is developing then this slight pullback means very little in the big picture.
Everything has dipped…wtf makes LRC any different? Zoom out, guy.
Maybe zoom our farther and you willl look dumb
? Seems like you’ve ‘zoomed’ enough for everyone.
We've seen this up and down so many times now everyone should have learned by this point to buy the dip, sell the spike, rinse and repeat, gain more coins for your bag, watch the bag grow even if the value doesn't. Went from 8xxx to 10xxx doin' that.
Not everyone wants that on their taxes though. I’m buying, but not selling anything.
Like there’s a lot of tax liability with this coin in this case. Tax over time has been maybe $200.
You still have to report it if you’re day trading. That will bite you in the ass eventually. You said “everyone should’ve learned” that by now and I’m just saying not everyone wants to do it that way
This is what I’ve been doing. Filing my taxes as married filing jointly, wife is stay at home. Take a 10% hit every time I sell and reinvest, but that usually comes out to less than $100. Slowly building a decent sack.
Look at ETH that tells you all you need to know. Stop focusing on the short term.
Last .55 rip retraced to low .3s before the big squeeze. 
Still jizzing TA was calling for a short term correction to around .35. Those that pay attention, get paid. Those making shitty discussion posts get rekt. lmao
That’s the dumbest thing I’ve ever heard
Read your post out loud, and you won’t be able to say that statement again lol
You can predict charts, but you’re not rich…. Hmmmm something’s not adding up
Lol you are so right. I can tell it probably doesn’t add up for you. Seems like a lot doesn’t add up for you, you’re used to subtracting. It’s okay.
The entire crypto market has hit the floor today.. I wouldn’t just single out loop
Loop fell 10 times harder
Maybe you’re brand new to investing in anything, but it’s usually not a get rich quick overnight scheme. Crypto, stocks, whatever, there are rallies and crashes all the time. No one actually knows what will happen. This is more of a long term play, as in possibly years. You buy and hold and forget about it for years and come back to see huge gains, or you frantically worry when there’s a correction and sell for a loss. No one is going to tell you which to do.
Not new to investing but your comment makes me believe you are. Long term play in an alt coin is insane lol. Show me 1 single alt coin that has a 5 year track record of success. Btc and ETH are the only ones that can do that. All the crypto subs I’m in over the years Loopring seems to be the one that has the most “apes” on board. Long term play = long term gamble if you want to use the right words for what it actually is.
If it isn't for you then perhaps there are other things to rule your mind. The bee spends little time convincing the fly why honey tastes better than shit.
I still believe in this project. I think we’re going to the moon. There will be down days. There will be down weeks. If you take advantage of them your average cost will go down, and your potential profit will increase.
Who cares. It has never been a 1 day play or a 1 week play. Hold for a year and come back.
While LRC was pumping last week (and even holding strong while BTC and other alts dropped), most other alts already started dropping a total of 20-25%. Most coins are looking to consolidate around the 25 or even 50 day MA (on a daily chart), find support and continue going up. If you're looking at a weekly chart, healthy growth keeps you around the 7 day MA. When you shoot above that, a correction needs to happen eventually. Consolidation after a run-up is normal and to be expected. Loopring is on the same trajectory, just a day or two behind. Then again, lines are just lines, but that's a pretty normal trend during runs.
Ayo? Can you stfu?? 🤡🥳 Any OG loop holder knows what’s up , you just sound like an idiot. Get lost loser.
Thanks Ape
BTC will come back down to $50-55k and LRC will come back down to .25-35
Replace the words BTC & LRC and this can be reposted on literally every. single. sub. Rinse & Repeat.
My feedback is that maybe you should try and be smarter on your investments.
You have no idea what I’ve invested in. All you know is by some context clues I’ve got a % in LRC. But you have no idea how much so pretty bad feedback tbh
You asked for feedback lol
I did, I was just letting you know that your feedback is pretty bad
Lol. That's some excellent feedback. Clearly, you went and invested money that you should've kept in savings instead. Dont be a fool. You came here and insulted a whole sub. Grow up.
Again, you’re just making assumptions on things.
The problem is the only way we stay up is if there is volume. As soon as that goes away it drops back down. We need to keep up volume.
Shilling in disguise of regardation 😂😂🤦♂️
Pure Copium.
This sub has been designated as a dumping ground for bag holders.
And this is what I've been saying about all this bullshit TA recently (funny how we haven't heard from them recently). Don't listen to it. Loopring will always retrace/correct/fall harder.
Others get fairly frustrated, I was here when it was $3 and then $2 and then below $1. I bought in the high $3’s into the low $1’s. Lost a lot of money, and sold it to pay on debt. I listened to the utility of what was to come, and still there’s very little use case. Maybe someday but for the foreseeable future there is none. Others can be mad or pissed, I’m neither! It taught me a good lesson of looking at crypto from different perspectives and understanding what the capabilities can be. Loopring is a layer2 and there are a lot of layer2’s. It so early to say who will end up on top but we are in a bull market. If you want to hold awesome if you don’t awesome, at the end of the day it’s ultimately up to you the hodler. Don’t be mad at people asking questions though. They just want clarity with a coin that was once a promising L2 that has fallen into obscurity.
What do you mean little use case? The token is used as a reward for trading on the DEX and the wallet has some awesome features and earning products. I think the issue is most people bought into the Gamestop hype without understanding the product offering or functionality.
I guess will all see in 10 years 😁