Cryptocurrency

[Alias Detective 1,399]

15 hours ago, Frozenbeernuts said:

LAB wicked up to a 28m mc today. I'm not sure what it was when I posted this. 3? I bought at 1.3 m. Took profits at 13. Left a moon bag from there. This is a coin that will keep growing this cycle. Like I said, the dev is committed, and he is especially committed to marketing. I really should have put more in.

The profit I took I rolled into Pawswap. At the time of taking profit, both coins were about the same mc. While I love what LAB is doing, Pawswap (soon to be Pawcoin) is going to grow a lot larger in the long run.

 

14 hours ago, Frozenbeernuts said:

MTGX current mc 1.19 M

0x06D6F0dd6703A1cfE16025DCc55F36f017887627

This is a utility token. Im not even sure what it does, but the dev team is committed and it has a solid community base. I'm not expecting anything earth shattering or for a fast run, but it will go up this cycle.

 

14 hours ago, Frozenbeernuts said:

Pump.fun is an easy way to launch tokens on Solana. Because it's so easy and cheap, there are scams everywhere. When you're buying a coin or token, make sure the team is committed. People are going to lose so much money this cycle trying to 10x their bags every day, when they could 100x or more just by holding good projects for a year.

 

14 hours ago, Frozenbeernuts said:

DADDY mc 3.02m

0xdb173587d459ddb1b9b0f2d6d88febef039304a2

This one I bought at 127k mc. I only put $50 in. Not smart on my part. But I'm still making money. It's run by a fairly popular crypto influencer. I don't expect him to rug it, but idk. It's not enough for him to ruin his reputation over, at least not now. He's doxxed so I don't expect him to rug it, though that doesn't always stop people.

 

7 hours ago, Frozenbeernuts said:

Coincidentally Andrew Tate just released another coin called DADDY which pumped wildly. He made a pretty wild video slamming the entire crypto industry. He mocked everyone who bought crypto currencies and then to prove everyone is soulless, he pumped the coin.

This cycle is interesting.

 

5 hours ago, Frozenbeernuts said:

ICBC, the world largest bank, said that bitcoin is like digital gold and ethereum is like digital oil. This is a Chinese bank. The change in stance coming from China is massive. China realizes that Trump could pivot the US to be a cryptocurrency haven, so it's time for them to embrace crypto.

Trump announced he wants the US to mine all bitcoin, stating that it would help the US become even more energy independent. Another massive bull flag.

If you aren't into crypto, you are missing out on generational wealth. Most people will see this thread pop up and ignore it. They will pass on the golden opportunity to change their lives. Idk why people pass up on easy money, but it's usually because they have a poor relationship with it. I know because I was there once.

 

3 hours ago, Frozenbeernuts said:

Cpi comes in lower than expected. Bullish for crypto. People are so panicky with their bags. Oh well, I'm making money.

If Powell confirms any rate cuts, which i doubt he will do yet, then watch this rally really run.

 

1 hour ago, Frozenbeernuts said:

How come? Lower rates = more borrowing. Are you looking at the very short term reaction? I don't do really short term stuff because it's not my focus. I'm focusing on general trends. The general crypto trend pointing upward for a while.

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[Cdub100 3,903]

3 hours ago, Frozenbeernuts said:

How come? Lower rates = more borrowing. Are you looking at the very short term reaction? I don't do really short term stuff because it's not my focus. I'm focusing on general trends. The general crypto trend pointing upward for a while.

Lowering rates mean the economy needs help. Which is a sign we are heading to that crash everyone keeps saying is over due. 

[Alias Detective 1,399]

29 minutes ago, Cdub100 said:

Lowering rates mean the economy needs help. Which is a sign we are heading to that crash everyone keeps saying is over due. 

One would think so but that's not the way I expected it to play out.  I for one am waiting for the rate cuts to broaden out the markets rally.  I've been moving into small caps based on this thinking.

[Cdub100 3,903]

4 minutes ago, Alias Detective said:

One would think so but that's not the way I expected it to play out.  I for one am waiting for the rate cuts to broaden out the markets rally.  I've been moving into small caps based on this thinking.

That's not a bad way to look at it either.

[Alias Detective 1,399]

2 minutes ago, Cdub100 said:

That's not a bad way to look at it either.

[nobody 2,667]

Rate cuts mean open season on speculation, and there is nothing more speculative than crypto.

[Cdub100 3,903]

18 minutes ago, Alias Detective said:

I'm still going to start DCA out of the market. Especially Crypto.

[Alias Detective 1,399]

5 minutes ago, Cdub100 said:

I'm still going to start DCA out of the market. Especially Crypto.

Into what?   DCA out enough money to survive 5 years and keep the rest peddle to the metal.

[Cdub100 3,903]

1 minute ago, Alias Detective said:

Into what?   DCA out enough money to survive 5 years and keep the rest peddle to the metal.

Cash for short term and then back into stocks and bitcoin

[Alias Detective 1,399]

Just now, Cdub100 said:

Cash for short term and then back into stocks and bitcoin

Time in the market not timing the market......Good luck.

[Cdub100 3,903]

2 minutes ago, Alias Detective said:

Time in the market not timing the market......Good luck.

I agree which is why I said I will DCA out and then DCA back in.

I'm not going to hit top or bottom perfectly. I learned from last crypto cycle to take profits.

[Frozenbeernuts 2,254]

4 hours ago, Cdub100 said:

I agree which is why I said I will DCA out and then DCA back in.

I'm not going to hit top or bottom perfectly. I learned from last crypto cycle to take profits.

I took profits in $LAB and then it doubled again yesterday.

I think it really depends on what coins you are in. If you are in a committed project, it's not necessary to take profits at this point.

If it's a random play that you are in purely for the hype, definitely take profits.

Now if we are in 2025 and the end of the cycle is approaching, we need to make sure we are locking them in.

[Cdub100 3,903]

1 hour ago, Frozenbeernuts said:

I took profits in $LAB and then it doubled again yesterday.

I think it really depends on what coins you are in. If you are in a committed project, it's not necessary to take profits at this point.

If it's a random play that you are in purely for the hype, definitely take profits.

Now if we are in 2025 and the end of the cycle is approaching, we need to make sure we are locking them in.

I said I'm waiting for a rate cut before taking profits. I also think this cycle ends this winter.

[Frozenbeernuts 2,254]

6 hours ago, Cdub100 said:

I said I'm waiting for a rate cut before taking profits. I also think this cycle ends this winter.

I think it could depend on who wins the election. Trump has become so pro crypto that the confidence should ride high with him. Biden's handlers are also changing their tune.

Do you think people are going to want to be out before the cycle ends so they lock in profits this winter? I could see that as a possibility.

[Cdub100 3,903]

3 hours ago, Frozenbeernuts said:

I think it could depend on who wins the election. Trump has become so pro crypto that the confidence should ride high with him. Biden's handlers are also changing their tune.

Do you think people are going to want to be out before the cycle ends so they lock in profits this winter? I could see that as a possibility.

I think people are going to get caught up in the blow-off top again. I missed my chance last cycle then celsius cut that by another 70%. I'm taking profits and paying off all my debts.

[Frozenbeernuts 2,254]

2 hours ago, Cdub100 said:

I think people are going to get caught up in the blow-off top again. I missed my chance last cycle then celsius cut that by another 70%. I'm taking profits and paying off all my debts.

It's definitely possible. That would basically be the end of the 4 year cycle, which has to end at some point. I plan to have taken profits by then, but Pawchain is a long term project. I plan on delegating when Main net is live.

[edjr 6,580]

oof

[TimHauck 2,850]

On 12/1/2022 at 4:55 PM, TimHauck said:

His co-CEO definitely did

 

On 12/1/2022 at 4:56 PM, Cdub100 said:

Sure he did...

https://nypost.com/2024/05/28/business/sbfs-top-ftx-executive-ryan-salame-to-be-sentenced/

Prosecutors say Salame, Bankman-Fried and former FTX engineering chief Nishad Singh used FTX customer funds to donate to political candidates supporting crypto-friendly legislation.

Salame, who could not immediately be reached for comment, gave more than $24 million to Republican candidates and causes in the 2022 election cycle, according to Federal Election Commission data, making him one of that year’s top donors.

[TimHauck 2,850]

Also lol at his bio

[Frozenbeernuts 2,254]

It's official, PAW Chain Main-Net will be live Friday. The countdown was announced about 2 am yesterday morning, hence the 40% spike in price.

Tomorrow the Pawchain reps go in front of the Killer Whales judges to pitch the blockchain. I expect those whales to get very interested in what they see. I don't see the price dipping any more. Even if the market is sideways, Pawchain should continue to appreciate.

[Frozenbeernuts 2,254]

Liquidity for Pawswap is being pulled now from uniswap and shibaswap. Don't buy any more if you were planning on it. There will be new pairs and contracts available. The main one being wPaw/wEth. But you can pick a token that they are tied to with lower gas fees if you prefer.

[WhiteWonder 2,734]

29 minutes ago, Frozenbeernuts said:

Liquidity for Pawswap is being pulled now from uniswap and shibaswap. Don't buy any more if you were planning on it. There will be new pairs and contracts available. The main one being wPaw/wEth. But you can pick a token that they are tied to with lower gas fees if you prefer.

Forgive me, because I have never pretended to be a crypto expert like some... but I do think I have got myself to the point, over the years to know enough about the major stuff.

When I read a post like this and see 'pawswap', 'uniswap', 'shibaswap' I have 0 knowledge. Can you explain why I should care about these and if they are more than just flash in the pan? Legit asking / curious 

Then when people throw around terms like gas fees... I do know what that means but it also sort of reinforces my belief that so much of the crypto space is rooted in making up as many acronyms and silly sounding names just for the sake of it. 

[Alias Detective 1,399]

[edjr 6,580]

BUY!  BUY! BUY! 

[Frozenbeernuts 2,254]

On 6/28/2024 at 1:24 PM, WhiteWonder said:

Forgive me, because I have never pretended to be a crypto expert like some... but I do think I have got myself to the point, over the years to know enough about the major stuff.

When I read a post like this and see 'pawswap', 'uniswap', 'shibaswap' I have 0 knowledge. Can you explain why I should care about these and if they are more than just flash in the pan? Legit asking / curious 

Then when people throw around terms like gas fees... I do know what that means but it also sort of reinforces my belief that so much of the crypto space is rooted in making up as many acronyms and silly sounding names just for the sake of it. 

Shibaswap and uniswap are decentralized crypto exchanges. They allow people to swap one crypto for another. Pawswap originally was going to be another swap similar to those, but then the founder decided to build the first cross chain dex that can seamlessly and cheaply swap between different chains. Pawswap became an erc20 to get the ball rolling. Now the currency is called PAWcoin, and the actual swap is named PAWswap.

Shibaswap isn't used a ton. Uniswap is probably the most popular dex, and it's definitely not a flash in the pan. It's vital for swapping on the ethereum chain. Though with Pawchain, it's actually behind technologically.

[Frozenbeernuts 2,254]

For anyone who bought Pawswap, you can now Migrate your tokens over. You have 2 choices. You can create a Paw wallet and have your native Pawcoins sent to that wallet, or you can choose to receive them as wPAW/wETH back in the wallet that has the pawswap tokens.

Head to pawchain.net. If you scroll down there are videos that show you how to create a Paw wallet and also how to Migrate your tokens properly. Make sure you follow the instructions step by step. Use the browser inside your web3 wallet to Migrate. It makes the process a lot easier.

A word of warning, coinbase wallet is very glitchy with the process. Metamask works perfectly. There are a few people who have had problems migrating. Nothing is lost so long as you don't send to the wrong wallet. I had to open up a ticket on the pawchain discord when mine didn't work properly. They got it figured out. The team is excellent and is great at helping anyone with issues.

[Frozenbeernuts 2,254]

Celsius Network is suing customers who pulled profits from the exchange before it went bankrupt. Inside of 90 days to be exact. Apparently there is already a law in place that gives this kind of power.

 

https://www.ccn.com/news/crypto/celsius-network-sues-to-reclaim-100m-bankruptcy/

[Frozenbeernuts 2,254]

Anyone buy a majority of their coins during that dip? Yeah me neither. I can't predict short term price action.

The loud noise at the Trump rally has people assuming Trump's chances of winning have increased. The market knows that Trump is way better for crypto than Biden.

Every single indicator for this cycle is screaming higher, regardless of what happened over the last few weeks with the price. If anything the price showed us we are in a typical 4 year pattern still, which means much higher into 2025.

Will a bearish outlook on th economy stop people from aping their life savings into their best change at yoloing into millions? As long as people think Trump will win, they will have confidence in the market.

[Cdub100 3,903]

4 hours ago, Frozenbeernuts said:

Anyone buy a majority of their coins during that dip? Yeah me neither. I can't predict short term price action.

The loud noise at the Trump rally has people assuming Trump's chances of winning have increased. The market knows that Trump is way better for crypto than Biden.

Every single indicator for this cycle is screaming higher, regardless of what happened over the last few weeks with the price. If anything the price showed us we are in a typical 4 year pattern still, which means much higher into 2025.

Will a bearish outlook on th economy stop people from aping their life savings into their best change at yoloing into millions? As long as people think Trump will win, they will have confidence in the market.

I stopped buying a few months ago. Currently stacking cash and waiting for the blow off top.

[edjr 6,580]

Buy Buy Buy!!

[Frozenbeernuts 2,254]

Now his VP is pro crypto?? Wow. It just keeps getting better. I think that's the last of the dip. I'm in for life changing money.

[Frozenbeernuts 2,254]

@Cdub100 are you really going to go heavy cash? Trump pro crypto. Vance pro crypto. Eth etf launching. Institutions with the green light to invest in crypto. Are you done investing for the cycle?

The market is responding to what will most likely be a Trump victory. This isn't stopping imo. Maybe we don't see a take off short term, but for the cycle, I think we go way way up. No way this cycle's high was the same as last cycle basically. Not even close.

[Cdub100 3,903]

Just now, Frozenbeernuts said:

@Cdub100 are you really going to go heavy cash? Trump pro crypto. Vance pro crypto. Eth etf launching. Institutions with the green light to invest in crypto. Are you done investing for the cycle?

The market is responding to what will most likely be a Trump victory. This isn't stopping imo. Maybe we don't see a take off short term, but for the cycle, I think we go way way up. No way this cycle's high was the same as last cycle basically. Not even close.

Yes, I'm done investing this cycle. When BTC was under 20k I went heavy into crypto to regain what I lost in Celsius. I'm talking every last penny I could get my hands on went into BTC, SOL ETH and a couple others. Once BTC hit 50k I was done DCAing and now I'm going to wait for November or December time to take profits (maybe spring) but Nov/Dec I will start DCAing out.

I also went super hard into CORZ at 19 cents and Cleanspark at $4. Again irresponsibly long in those two companies.

I need to build my cash position up because I believe we see a hard crash when the Fed starts cutting rates and I'm not in a position to take advantage of that crash late next year.

I agree we are going way up. I expect BTC to hit $120k, SOL $800 and ETH $8-10k. Sure I should keep buying but my cash position is way under 10% of my total invested. If I count my retirement accounts and stock positions my cash position is probably 1-2%

 

Note: I'm still gambling with extremely low cap meme coins for fun. 

Of my 5 major positions

BTC - Cold storage

SOL - Staked, earning more SOL

ETH - Staked, Earning more ETH

ADA - Staked, Earning more ADA

Theta - Guardian Node, earning tfuel.

So I'm not buying but I'm still in the game earning. 

[Frozenbeernuts 2,254]

Put 10 sol into Mother when it hit $28 m. Closing in on a triple from that point.

[lod001 1,344]

Massive instant sell off on biden declining to run. 

[lod001 1,344]

17 minutes ago, lod001 said:

Massive instant sell off on biden declining to run. 

And it bounces right back. 

[frank 2,304]

24 minutes ago, lod001 said:

Massive instant sell off on biden declining to run. 

It is shocking how much of my news I get from the geek club. 

[Frozenbeernuts 2,254]

On 7/21/2024 at 1:33 PM, lod001 said:

And it bounces right back. 

Because they chose Kamala. Mark Cuban said that her team reached out to him about crypto currency. Glad these people are turning to the real experts on crypto.

[Frozenbeernuts 2,254]

Fox news seems to think that Trump is going to announce a bitcoin strategic reserve at the Nashville bitcoin conference. I wonder how the market will react to that? I imagine it's going to jump, but who knows. Short term is up in the air.

For the cycle though, it would just add even more fuel to this crypto run.

I am loaded up on Mother and Pawcoin. I expect magical things to happen. The big paid marketing push starts this week for Paw.

I like $LAB as well.

[Cdub100 3,903]

15 hours ago, Frozenbeernuts said:

Fox news seems to think that Trump is going to announce a bitcoin strategic reserve at the Nashville bitcoin conference. I wonder how the market will react to that? I imagine it's going to jump, but who knows. Short term is up in the air.

I don't like it.