Official Bitcoin, Ethereum, and other Alt coin crypto thread

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Biddy popped 42k yesterday and other new cycle alts are popping off…
 
Did some TA on Gala today and saw it could go to 0.035 on the daily chart. Opened my long up and away we went. Moved my SL up to quickly to break even and got stop hunted. Walked away for a few and came back and took a look again. Saw a beautiful Cup and Handle with low stochastics. Jumped in to a small money 50x long and baby sat my trade for SL adjustment. Stop Loss triggered at 0.03099 for a 410% gain. It was a Good afternoon. If I didn’t get greedy with my first trade it would have been closer to 700%. :lmao:

Currently in a small position BTC short with a target of 41200.
 
Thefishguy77 said:
Did some TA on Gala today and saw it could go to 0.035 on the daily chart. Opened my long up and away we went. Moved my SL up to quickly to break even and got stop hunted. Walked away for a few and came back and took a look again. Saw a beautiful Cup and Handle with low stochastics. Jumped in to a small money 50x long and baby sat my trade for SL adjustment. Stop Loss triggered at 0.03099 for a 410% gain. It was a Good afternoon. If I didn’t get greedy with my first trade it would have been closer to 700%. :lmao:

Currently in a small position BTC short with a target of 41200.
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Fuck ya!
 
Mr Stubs said:
Anyone still paying attention to this stuff?
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More than ever. ETF approval and halving around the corner. Trying to get my ducks in a row beforehand. Human history has proven that there's no fixing the US Dollar/Central Banking/Politics/Fiat. And I'm very interested to see how Argentina joins the chat here soon....

I've started to read the Bitcoin Standard. Broken Money is next on the reading list. I've also decided to put an old laptop to work to participate in the Bitcoin Network by running it as an independent node. It has spent the last week downloading every block since inception 2009....still has ~20 weeks worth of blocks to download until it's current and participating actively.

I highly encourage every member of Irate to do some research into Bitcoin. It is more than you think it is.
 
Captain said:
More than ever. ETF approval and halving around the corner. Trying to get my ducks in a row beforehand. Human history has proven that there's no fixing the US Dollar/Central Banking/Politics/Fiat. And I'm very interested to see how Argentina joins the chat here soon....

I've started to read the Bitcoin Standard. Broken Money is next on the reading list. I've also decided to put an old laptop to work to participate in the Bitcoin Network by running it as an independent node. It has spent the last week downloading every block since inception 2009....still has ~20 weeks worth of blocks to download until it's current and participating actively.

I highly encourage every member of Irate to do some research into Bitcoin. It is more than you think it is.
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I agree

It’s interesting that so few here like it, it is the embodiment of what so many here stand for.
 
Mr Stubs said:
I’m not a leverage guy, but have been hanging around low MC new projects for the wins
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Leverage can be spooky to learn. My leverage account is 5% of my portfolio. I try never to have more than 50% of that in one trade. Occasionally I will go full retard at like 50 or 100 or even 200x but usually im 20x and down and have a 20% SL or lower. Risk a little to make a lot. 4:1 or more is my target for finding trades. Also learning trailing stoplosses in a demo account so if I have to I will be able to walk away. i never leave a trade open with leverage unattended.
 
Mr Stubs said:
I agree

It’s interesting that so few here like it, it is the embodiment of what so many here stand for.
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It's silly difficult to access and store and has a high transaction cost.

Super easy. Just use these 16 different apps for these 58 made up names and lay 10-15% each time!

I can't even buy a gumball with it :flipoff2:


Ignorance is the biggest hurdle
 
Provience said:
It's silly difficult to access and store and has a high transaction cost.

Super easy. Just use these 16 different apps for these 58 made up names and lay 10-15% each time!

I can't even buy a gumball with it :flipoff2:


Ignorance is the biggest hurdle
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It has gotten a lot easier to buy and hold. Using a VPN allows you to use exchanges that have 0 maker and taker spot trading fees. Maker and taker is you set you buy or sell price and when the price gets there ylur order picks up. Then just get a modern wallet that holds what you need.
 
Halffastford said:
Percentages be damned, you're not making that much. You'd have to devout hundreds of thousands or millions to actually make a change.
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Think of it like compounding interest. Pretend it doubles every week, hell pretend it doubles every 2 weeks. Do you really think that doesn’t make a difference?
You may not believe these type of gains can be made and if thats the case they I can’t/wont try and convince you.

Now if I was spending the money I was making you may have a point. But I am paying pennies on the dollar for fees and dont have to use a worthless broker so I keep almost all of it.

. :flipoff2:
 
Halffastford said:
Percentages be damned, you're not making that much. You'd have to devout hundreds of thousands or millions to actually make a change.
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Uhhhh, you sure about that? You looking into my portfolio? I bet you would be quite surprised.

It’s enough of a change to make a difference to me.
 
Mr Stubs said:
Uhhhh, you sure about that? You looking into my portfolio? I bet you would be quite surprised.

It’s enough of a change to make a difference to me.
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Yup. A few degen coins picked up at .00x 30-40x maybe even have one 100x and it can be life changing. I think he is thinking about the stock market where hearing about a stock before it is listed is unheard of unless you know somebody in the company type deal.
 
I guess I'm lost on the whole buy something that's .001247 and then it goes to .00243. Yeah, it's double but it's worth less than a penny. How much of that do you have to buy to make substantial changes in your portfolio?
 
Halffastford said:
I guess I'm lost on the whole buy something that's .001247 and then it goes to .00243. Yeah, it's double but it's worth less than a penny. How much of that do you have to buy to make substantial changes in your portfolio?
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well probably about $10k worth

"a single grain of rice is so cheap, how do rice farmers make a living?"
 
[486] said:
well probably about $10k worth

"a single grain of rice is so cheap, how do rice farmers make a living?"
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So tying up 10k to make 11 bucks, IF it doubles over night. That's what I'm saying about using percentages to mislead. Doubling in value sounds way better than I made 11 bucks on 10k yesterday. Oh and rice is unlimited, different with the number of "coins" being limited.

And no Stubbs, I haven't any idea what's in your portfolio, but you're not making bank from penny gains.
 
Halffastford said:
So tying up 10k to make 11 bucks, IF it doubles over night. That's what I'm saying about using percentages to mislead. Doubling in value sounds way better than I made 11 bucks on 10k yesterday. Oh and rice is unlimited, different with the number of "coins" being limited.

And no Stubbs, I haven't any idea what's in your portfolio, but you're not making bank from penny gains.
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if $10k worth doubles in value how are you getting 11 dollars out of that doubling?
 
Halffastford said:
So tying up 10k to make 11 bucks, IF it doubles over night. That's what I'm saying about using percentages to mislead. Doubling in value sounds way better than I made 11 bucks on 10k yesterday. Oh and rice is unlimited, different with the number of "coins" being limited.

And no Stubbs, I haven't any idea what's in your portfolio, but you're not making bank from penny gains.
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Math isn’t your strong suit, eh?
 
rockota said:
Math isn’t your strong suit, eh?
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[486] said:
if $10k worth doubles in value how are you getting 11 dollars out of that doubling?
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budget76 said:
he must use the new version of math they teach now:homer:
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True. I forgot to work out the number of coins/shares youd get for 10k. Given that there are never going to be that many in circulation is kind of a deal breaker though. But good on you all for earning it anyway.
 
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