Cryptocurrency mega-thread

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Ghost Patrol said:
With dino coins randomly pumping, anyone taking a gamble on any of them?

I'm keeping an eye on Lina. Huge upside if it does....



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I doubt many dino shitcoins ever hit close to their ATH again - I'm holding some NEO (hit $200 in 2017 and $140 in 2021) and currently $13. Also keeping an eye on VET that used to have an army of true believers, but not sure whether they're still with us.

Hoping and praying for a BTC.D dump at this point.
 

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Seeds said:
Given something must be liquid (i.e. ready and available) to meet the first step of the definition of money then you are telling me crypto aint money. So if not money then what is it?
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I have no idea what youre tryimg to argue, nor your point
Youre thinking too deep.

I want to buy more crypto but i have a rental property among other expenses that require me to have funds not tied in to high risk assets. That was my point.
 
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With the Trump announcement we saw a 70% increase in Cardano which I'm invested in. Now it's down 10%. The pertinent question is who in their right mind is selling.

My only logical explanation is its impatient people frustrated and selling to break even, dumb investors who don't know what they are doing.
Surely with the optimism you wouldn't risk selling to buy on a dip.
 
JHF1870 said:
With the Trump announcement we saw a 70% increase in Cardano which I'm invested in. Now it's down 10%. The pertinent question is who in their right mind is selling.

My only logical explanation is its impatient people frustrated and selling to break even, dumb investors who don't know what they are doing.
Surely with the optimism you wouldn't risk selling to buy on a dip.
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I assume its people who bought at the top of the crypto hype and were nervous after everything started dropping. So therefore when the price pumped they took the opportunity to get out for good.

They were never in it for the long haul or the right reasons anyway, just a way to make quick cash (which wouldn't have worked out for them).
 
JHF1870 said:
With the Trump announcement we saw a 70% increase in Cardano which I'm invested in. Now it's down 10%. The pertinent question is who in their right mind is selling.

My only logical explanation is its impatient people frustrated and selling to break even, dumb investors who don't know what they are doing.
Surely with the optimism you wouldn't risk selling to buy on a dip.
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not me
i got ADA' for 9c and 12c US from memory mid 2020, obviously wish i had bought much more but capt hindsight and all that, plus it was still early and you just never knew what it would do
 
I won't be buying any crypto until the end of the year AND only if the prices drop significantly. I don't see light at the end of the tunnel in 2025. I'll be investing in holidays, and perhaps gold and silver.

I think there could be a good opportunity early 2026 if the market dives. I just don't expect Trump to back down. So far he's done nothing but doubled down.

I've learned a lot since investing.

1. Don't trust anyone that talks about getting rich quick.
2. Don't trust anyone hyping crypto gains on the basis of historical data.
3. Pretty much everything on Twitter is garbage, either complete B.S, or scam
4. Meme coins are a scam (I bought a small amount of Shib)
5. Be cautious about people who are ultra excited about crypto. At least I've learned that those people really don't know what they're talking about.
6. Crypto is volatile and you need to be prepared to hold, and even lose your money. I know people who took out significant loans to buy crypto and are probably 10s of thousands down paying 10% interest. I may have overcapitalized initially but back on track that I'm happy to hold.
 

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