General Cryptocurrency thread
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paxsali
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PostPosted: Thu, 9th Dec 2021 14:14    Post subject:
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Last edited by paxsali on Thu, 4th Jul 2024 23:03; edited 2 times in total
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The_Zeel




Posts: 14922

PostPosted: Thu, 9th Dec 2021 15:20    Post subject:
couleur wrote:
When the tether bubble explodes, crypto will tank and take years to recover to the current height.

Lets hope it blows, so I can start to properly invest! Laughing


I am scalping whenever I have time in the evening, definitely not hodling anymore, so there is only little risk involved. It would be so delicious if we had a big crash and could short it on the way to the bottom Laughing
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DXWarlock
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PostPosted: Thu, 9th Dec 2021 17:06    Post subject:
The_Zeel wrote:
It would be so delicious if we had a big crash and could short it on the way to the bottom Laughing

it's moving so much you can do that now if you just check it once a day.

In last 60 days I gained 60% on what I put into it without taking 'huge' risks.
I didn't try to guess the very bottom, or top of the chart. I missed the bottom of the last red long candle wick by a LOT. And sold after the peak started falling.
But was trying to stick to "dont be overly greedy" mindset that seems to screw me when I try to eek out every percent I can.

Just long/buy vaguely near a bottom hold and short/sell when you get "ok that's enough gains for me to be more than happy, dont get greedy" and buy back at the next rough bottom with the money you made off the last one.
(arrows with my shitty yellow MS paint arrows are buy/sell orders only made 3 trades in 60 days and got that 60%).
 Spoiler:
 


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.


Last edited by DXWarlock on Thu, 9th Dec 2021 17:15; edited 2 times in total
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PickupArtist




Posts: 9866

PostPosted: Thu, 9th Dec 2021 17:07    Post subject:
not even fake billions in tether buying up this shit fake dips can keep the price up now, this thing is gonna crash so hard im going to jizzz my pants when i will see all the tears on the socials when all the plebs wake up to below 10k price overnight and then the real fun starts

just one problem, it needs to happen before xmass before more idiots convince granpa n gramma at the xmass dinner tables to put their last savings with dxwarlock stories of "huge profits" in this shitcoins, otherwize it will be end of januari

fingers crossed its before so not more people get fucked over this xmass, a 5 year long depresion is coming ... china cant hide their problems anymore, shit is spraying in the fan already, media just thinks its brown snow for now
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DXWarlock
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PostPosted: Thu, 9th Dec 2021 17:12    Post subject:
@PickupArtist I think most traders are not really worried about if it crashes, only buy and HODL people are. Traders don't want it to, it's a money maker, but won't be ruined if it did.

At least everyone I know that does it has already made back the starting money and pulled that out as cash. (if you put $1000 in, when you made $2000 pull out $1000 and play with the rest left in, then you can never go below breaking even).
It could all go poof tomorrow, and I made way more than I put in. IF everything I have in it right now went to nothing Id still be richer than I was when I started.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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PickupArtist




Posts: 9866

PostPosted: Thu, 9th Dec 2021 17:14    Post subject:
u and i both now thats not how the 99% crypto plebs operate, golden hands diamond hands HODL get granpa savings involved Mad

another dog xmass coin .... its such a joke .... a really bad dark joke
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DXWarlock
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Location: Florida, USA
PostPosted: Thu, 9th Dec 2021 17:18    Post subject:
Buyer beware.
I dont see it any different than people convincing their grandparents to invest in a timeshare because it 'free money down the line'. Or talking them into buying X stock because they heard its a good investment themselves without looking into it.

Ignorance of how something works, and the risks involved ruining people are not restricted to crypto. There is 1001 ill advised investments people buy into and lose money because they only know they MIGHT get rich off it, without looking into it.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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The_Zeel




Posts: 14922

PostPosted: Thu, 9th Dec 2021 17:18    Post subject:
DXWarlock wrote:
The_Zeel wrote:
It would be so delicious if we had a big crash and could short it on the way to the bottom Laughing

it's moving so much you can do that now if you just watch its once a day.

In last 60 days I gained 60% on what I put into it without taking 'huge' risks.
I didn't try to guess the very bottom, or top of the chart. I missed the bottom of the last red long candle wick by a LOT. And sold after the peak started falling.
But was trying to stick to "dont be overly greedy" mindset that seems to screw me when I try to eek out every percent I can.

Just long/buy vaguely near a bottom hold and short/sell when you get "ok that's enough gains for me to be more than happy, dont get greedy" and buy back at the next rough bottom with the money you made off the last one.
(arrows with my shitty yellow MS paint arrows are buy/sell orders only made 3 trades in 60 days and got that 60%).
 Spoiler:
 


Thats what I do as well, checking the RSI and MACD helps with decisions but otherwise I use leverage to DCA if the price drops. If i throw 100 bucks into it at 3x and the price has a sudden drop, I wait for a bounce and then increase leverage to 6x and pull down the breakeven level. It works fairly well most of the time and has the added psychological effect that you dont get disappointed as soon as you dip into the red, because you can still DCA your way out of it at a higher leverage and profit.
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DXWarlock
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PostPosted: Thu, 9th Dec 2021 17:39    Post subject:
I think just a little restrictive greed sense, and not trying to make a million in a month crazy mindset helps.

It is a lot less worrisome for me now that I made more and already took it out, than I put in. I started with about $500 (dont know exactly as I put it in DCA style at different opportune times). So a lot easier to not worry about if I will lose it all when I play the chart with what I have left in it, knowing what I have taken out and put in my bank is already a multiple of what I took out of it initially.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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paxsali
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PostPosted: Fri, 10th Dec 2021 14:53    Post subject:
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Last edited by paxsali on Thu, 4th Jul 2024 23:03; edited 2 times in total
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tonizito
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Location: Portugal, the shithole of Europe.
PostPosted: Tue, 14th Dec 2021 21:50    Post subject:
https://antsstyle.medium.com/why-nfts-are-bad-the-long-version-2c16dae145e2#48c3


boundle (thoughts on cracking AITD) wrote:
i guess thouth if without a legit key the installation was rolling back we are all fucking then
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PickupArtist




Posts: 9866

PostPosted: Tue, 14th Dec 2021 23:22    Post subject:
any minute now, are u rdy for the drop of the decade Laughing there is no more money to buy the ponzi scheme dip , everyone spent it on xmass gifts or selling now to buy said gifts, not even tether could print enough fake billions and spend it to buy other coinds to inflate the price to keep the price up
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DXWarlock
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PostPosted: Wed, 15th Dec 2021 01:46    Post subject:
@PickupArtist
You say this same thing every 6 months.

There is lots of money to buy the dip. I got $2000 waiting for if it does as well as a lot of people I know that day trade it are waiting for the dip. Not sure where you get your info other than "It would be gratifying if what I can make up is true".

IF it does come to pass its not because of some kin intellect into the path of it you have. its because you say it all the time and it was bound to line up.
This the equal to saying "Bruce Willis" as every answer during trivial pursuit. Because eventually it will be the right answer.
Its like my joke cursed fortune telling sword I have in my pathfinder tabletop. That tells the owner everyday "You will be attacked by a manticore today" and always wrong..until the day it did happen and it went "Seeee? I warned you! HEED THE WISDOM OF THE SWORD!"


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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PickupArtist




Posts: 9866

PostPosted: Wed, 15th Dec 2021 01:52    Post subject:
i just have to be right once, all them traders have to be right every single time or they lose half or even everything ... , that tether shit , will break the whole thing top to bottem when the first domninos fall
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DXWarlock
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PostPosted: Wed, 15th Dec 2021 01:59    Post subject:
But you are not 'right' you are repeating the same thing until it happens to be right. There is no right on your part. Statistical probability of enough dice rolls saying its snake eyes and after 121 rolls it is. Does not mean the roller had any knowledge or tactical reasoning of how they would land each time.

And they (traders) dont have to be right every single time....I have been wrong, really wrong sometimes on my conclusions of probability of when to buy. No different than stocks. No stock trader ever had a 100% risk success rate, hell even a GOOD one is god like if they have a streak of 70% of the time right, 30% wrong.

Long as you are right more than you are wrong (or right on bigger ratios than you was wrong).


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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Il_Padrino




Posts: 7498
Location: Greece by the North Sea
PostPosted: Wed, 15th Dec 2021 08:51    Post subject:
PickupArtist wrote:
i just have to be right once, all them traders have to be right every single time or they lose half or even everything ... , that tether shit , will break the whole thing top to bottem when the first domninos fall

If you actually went short, you'd have lost a lot by now Very Happy


There must have been a door there in the wall, when I came in.
Truly gone fishing.
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PickupArtist




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PostPosted: Wed, 15th Dec 2021 17:07    Post subject:
here she goes! , i dont do any of this rigged gambling hehe
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DXWarlock
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PostPosted: Wed, 15th Dec 2021 18:20    Post subject:
@PickupArtist
You dont need to keep reminding us you missed out..we get it Razz

Can crash to zero for all I care. I made more than any highest gain index or stock portfolio would get me this year.
Even if you just bought in Jan 1st this year and ignored it. You'd still be up 168% in 12 months. Could have sold now you say the sky is falling and more than doubled your money by literally doing nothing.

That $100 I facetiously invested for you back..what was it 8 month ago (?) into its own wallet, is at $554 by spending a total of about an hour of work trading it in those 8 months. Where else you going to make $454 an hour?


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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PickupArtist




Posts: 9866

PostPosted: Wed, 15th Dec 2021 18:46    Post subject:
at the pokertables Laughing and i can look the guy im taking it from in the eye and sleep like a baby at night Laughing
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DXWarlock
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PostPosted: Wed, 15th Dec 2021 18:52    Post subject:
If they show up at the table and hand over money going "I would like to join in" then he came for the same reason everyone else did: Hope to win not lose.

Why I prefer crypto for day trading over stocks.
Stocks has people's 401k, retirement, index funds and such are in them being worked for them by some person they never met. Me taking the money means SOMEONE lost it without even trying or knowing, usually.
So stocks I just buy and hold a range of using DCA for a retirement plan...hopefully.
The stocks I do play with and day/week trade are ones that rarely are on an index or used in management funds.

Crypto no ones in it without their knowledge or understanding of that they are trading it. If I happen to be better at reading charts for probability chance of each outcome (or just slightly better at win/loss ratio than them) and they lose money to me..well they came into it willingly.

Stocks sometimes are someone else telling them they can make them money..and sneaking off to the poker table in hopes they do win and take a cut, and if not let all the loss goto the client. Crypto I am playing against the person themselves that showed up. Not my fault they showed up themselves to the casino, beelined right to the high stakes poker table and never even read 'Poker for Dummies' (or even know the card suits in a deck sometimes) before sitting down.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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PickupArtist




Posts: 9866

PostPosted: Wed, 15th Dec 2021 21:18    Post subject:
Like ur analogy, kudos to that, BUT

"Crypto no ones in it without their knowledge or understanding of that they are trading it."

thats just rubbish and u know it, not smart people are suckered in with FOMO n rallying cries of decentralized, no inflation, its the future, together to the moon blablabla

if only people with knowledge was in it u wouldnt have made a dime and noone of these influencer scumbags would be involved, they are exactly there to sucker their non knowledgable audience into it buying the coins while they get rid of it asap
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DXWarlock
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PostPosted: Wed, 15th Dec 2021 21:26    Post subject:
They know they are in it, they just didn't bother to learn about it first.
No one goes "whoops I seem to have put money into crypto by accident".

And your statement applies to anything tradable.
-Many people invest in stocks without knowing shit about it, and people recommending them to them (was one about oil just recently on here). My uncle lost about 100k of his retirement money investing in random tech stock my 'know it all cousin' son of his pressured him to buying promising that quibi and shit like that was going to 'go big'..
-People get suckered into stock trades by trade brokers only after commision.
-There is guys on TV doing the exact same 'influencer scumbag' thing for stocks. Think people like Jim Cramer...MANY people have lost a lot on his advice of "buy buy buy" hitting noise buttons like a AM radio DJ without knowing what they was doing: The man on TV said it was a good idea.

I honestly, with no insult meant, think you have no idea how either works. Or how similar the tactics, strategies, vultures, and con men in both are to each other.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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paxsali
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PostPosted: Sun, 19th Dec 2021 15:33    Post subject:
⁢⁢


Last edited by paxsali on Thu, 4th Jul 2024 23:03; edited 2 times in total
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krell1983




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Location: Poland
PostPosted: Tue, 21st Dec 2021 21:18    Post subject:
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PickupArtist




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PostPosted: Tue, 21st Dec 2021 23:17    Post subject:
compressed from 18 terra to 12 gigabyte ?????? LOOOOL
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tonizito
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PostPosted: Wed, 22nd Dec 2021 14:41    Post subject:
https://www.eurogamer.net/articles/2021-12-22-twitch-co-founders-new-nft-platform-hit-with-nft-scam-through-discord-hack

Quote:
Twitch co-founder Justin Kan last week launched a new platform to sell NFTs, but its Discord server was hacked and hit by an NFT-selling scam.

Fractal is Kan's new venture, essentially a marketplace for selling in-game items and cosmetics as NFTs on the blockchain.

A hacker managed to gain access to the Fractal Discord server posing as a bot with a link advertising a drop of NFTs to be sold. The scammers managed to sell 3,294 NFTs before it was shut down, according to reporter Zach Bussey.

Of course, no NFTs were being sold. Instead, the NFT-selling platform was scammed for around $150,000.

Fractal issued a statement in response.

"Earlier today, approximately 373 of our community members fell victim to a scam posted on our Discord. We are sorry. We are going to make this right," it reads.

"The hacker made out with ~800 sol (~$150,000) by managing to post a fake mint link in our #announcements channel. With over 100,000 members in our community, it's quite impressive that the hacker only managed to dupe .3% of our community."

Yes that's Fractal boasting about how only a small percentage of its community were ironically duped.

The statement explains that those scammed will be refunded, before warning that "we must all be careful out there".

"If something doesn't feel right in crypto, please don't proceed, even if at first it looks legitimate," reads the statement. "We must use our best judgement as there's no "undo button" in crypto."

Kan himself issued a video statement on Twitter, apologising to those affected and warning us to "trust your instincts if something seems fishy".
LOL


boundle (thoughts on cracking AITD) wrote:
i guess thouth if without a legit key the installation was rolling back we are all fucking then
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DXWarlock
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PostPosted: Wed, 22nd Dec 2021 19:01    Post subject:
krell1983 wrote:
https://www.youtube.com/watch?v=i_VsgT5gfMc

It will be so nice when the confused hype of NFT is over and people, well the ones that are left caring, actually know what NFT is. For 99% of people they will not matter, or at least matter where they need to know how they 'work' (Do you know how microsoft/adobe/image trademark for their logos/what-have-you licensing actually works? Do you care?)
Sooo many people confused and throwing mass money at a thing they dont understand.

In the end it's like (sort of, vaguely..enough for an loose analogy) going to [genericstockimage.com] and paying $4 million for a single license image/logo you see there (the ones that are for sale that are sold to one customer to right to use). Because you confuse license to use, with only one that can ever possess it and impart insane value on it because of your mistake in knowing the difference.
Say you put it on your website as your logo, anyone that visits your site has it on their PC as browser cache. So millions can have the image on thier PC from it. Its if they claim it's theirs and starts trying to use/sell it that the legal issue comes up.

Or like if adobe started doing its licensing in a blockchain/token (essentially cloud sourcing its licensing servers vs running in house ones to verify licenses) the Adobe Installer and software is not tied to or linked to it have every installer for every adobe product..no one cares, since only the key is important. And it's not illegal to have a key on your PC in a notepad..have ALL the keys if you want. There is no legal complication of having a notepad filled with random letters in a particular order.

I could give everyone here every key I have for every software I own. No one is in legal trouble UNTIL they use it to unlock something. Just having it/a copy of it going 'hehe I stole it', isn't an issue.
its USING that key to unlock thats pirating. In this situation it's people thinking having that notepad of specific random letters is stealing when it comes to NFT's (be it the stolen from, or stealer). Its using those keys that is.


-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf

Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
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tonizito
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Location: Portugal, the shithole of Europe.
PostPosted: Mon, 27th Dec 2021 16:52    Post subject:
https://nichegamer.com/doom-nft-mod-lets-you-photograph-nfts-for-money/

https://twitter.com/nichegamer/status/1475155155226185735

Laughing


boundle (thoughts on cracking AITD) wrote:
i guess thouth if without a legit key the installation was rolling back we are all fucking then
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couleur
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Posts: 14270

PostPosted: Mon, 27th Dec 2021 18:31    Post subject:
Laughing


"Enlightenment is man's emergence from his self-imposed nonage. Nonage is the inability to use one's own understanding without another's guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one's own mind without another's guidance. Dare to know! (Sapere aude.) "Have the courage to use your own understanding," is therefore the motto of the enlightenment."
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krell1983




Posts: 551
Location: Poland
PostPosted: Thu, 30th Dec 2021 23:27    Post subject:
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