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Forum » MISC Crypto Crew (MCC) Vol 7: [New Year Edition] Reading Charts Vs Throwing darts
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Thread: MISC Crypto Crew (MCC) Vol 7: [New Year Edition] Reading Charts Vs Throwing darts

post 1539796271 01-07-2018, 07:21 AM
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post 1539796361 01-07-2018, 07:23 AM
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Yea ICX got my dick hard

Korea bans anonymous crypto trading

then 4 days later ICX mainnet comes out

Koreans fcking scheming out here
post 1539796371 01-07-2018, 07:23 AM
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#6603
  1. RedSoxfan1978
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Originally Posted By iifymbro⏩
Would rather keep the money in the game and max out gains while we have this amazing market.



This is why I'm not selling the stack of ICX I have right now. Mainnet launches the 24th, move it to a cold storage wallet asap and forget about it. This market is ready to explode, new money can't even get in and total market cap is still going up.
I'm tempted to buy some ICX. I'm holding none. What's the prediction on it long term?
"Johan tells me that your luggage, is the luggage of the poor."

"The will to survive is not as important as the will to prevail... the answer to criminal aggression is retaliation." - Col. Jeff Cooper USMC Ret.
post 1539796421 01-07-2018, 07:24 AM
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#6604
  1. Enragingboner
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Originally Posted By iifymbro⏩
Would rather keep the money in the game and max out gains while we have this amazing market.



This is why I'm not selling the stack of ICX I have right now. Mainnet launches the 24th, move it to a cold storage wallet asap and forget about it. This market is ready to explode, new money can't even get in and total market cap is still going up.
fauuuurkkk... sell my XLM stack for ICX?
post 1539796731 01-07-2018, 07:30 AM
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post 1539796851 01-07-2018, 07:32 AM
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#6606
  1. Trapstar4.4
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Originally Posted By Crownbrah⏩
Traditionally if you trade, your job as a trader is to limit risk and preserve your capital. Holding losses is a losers game for traders and I've seen many people blow their accounts out that way. We're in a special time in crypto where people can hold losses for a long time and usually if they wait long enough they'll recover their value lost in USD. But heres what they disregard - opportunity cost. There's no telling how long things will be in a downtrend or sideways and lets say for example you bought BTC and it went down 10%. Sure you can hold it and it will probably go up over time, but what if you cut off that loss and go put that money to work in something that is trending up now. That's how a trader will think, gamblers think in HODL and moon terms

I know I'm going against the majority opinion here, but HODL is a meme and at some point in this market the dynamics will change it will be a career ending move. I don't know when that will be but I always keep this in the back of my mind. I don't wish losses on anyone so I thought I'd share my opinion here because thats what my experience has been
This is an important point. Especially in this young market where so much bullish acicity exists.
I was holding dash bags for a while, then sold the bags and put the funds into kuckshares before it took off.ecen though dash is slowly climbing back, It was badass decision to board a rocket with an earlier liftoff time.
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post 1539797061 01-07-2018, 07:36 AM
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#6607
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Originally Posted By Crownbrah⏩
Traditionally if you trade, your job as a trader is to limit risk and preserve your capital. Holding losses is a losers game for traders and I've seen many people blow their accounts out that way. We're in a special time in crypto where people can hold losses for a long time and usually if they wait long enough they'll recover their value lost in USD. But heres what they disregard - opportunity cost. There's no telling how long things will be in a downtrend or sideways and lets say for example you bought BTC and it went down 10%. Sure you can hold it and it will probably go up over time, but what if you cut off that loss and go put that money to work in something that is trending up now. That's how a trader will think, gamblers think in HODL and moon terms

I know I'm going against the majority opinion here, but HODL is a meme and at some point in this market the dynamics will change it will be a career ending move. I don't know when that will be but I always keep this in the back of my mind. I don't wish losses on anyone so I thought I'd share my opinion here because thats what my experience has been
Dunno about anyone else but hodl for me is like a year max before re-evaluating, and also paying attention to news/developments in case there becomes a good (non-FUD) reason to sell early.

My ultimate setup is gunna be a couple of long holds stashed away and another stack of btc used for trading.
Originally Posted By HMFIC_BROWSIN⏩
... Said every .com speculator in 1999.
We aren't that close bro, we don't even have competent finely tuned exchanges to allow a free easy flow of money into the market and also institutional money, skeptical sideline money and a lot of older (65-75 y/o) money haven't gotten in yet.
**MFC**
**Barbara Palvin is my 10/10 crew**
post 1539797191 01-07-2018, 07:39 AM
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#6608
  1. HMFIC_BROWSIN
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Originally Posted By iifymbro⏩
Dunno about anyone else but hodl for me is like a year max before re-evaluating, and also paying attention to news/developments in case there becomes a good (non-FUD) reason to sell early.

My ultimate setup is gunna be a couple of long holds stashed away and another stack of btc used for trading.




We aren't that close bro, we don't even have competent finely tuned exchanges to allow a free easy flow of money into the market and also institutional money, skeptical sideline money and a lot of older (65-75 y/o) money haven't gotten in yet.
Agreed. But reallocation isn't the worst idea ever. I want to start dabbling into forex (audusd etc)
post 1539797521 01-07-2018, 07:45 AM
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#6609
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Atta boy Walton. Finally heading up where you belong.

Is ZCL still offering 1 to 1 tokens at the upcoming fork? I assume so. Pumped pretty hard yesterday
Toxic Masculinity
post 1539797561 01-07-2018, 07:47 AM
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#6610
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Originally Posted By RedSoxfan1978⏩
I'm tempted to buy some ICX. I'm holding none. What's the prediction on it long term?
Well people have been looking at market caps and the way the market is growing and throwing numbers around like $100, $200, $270 by end of year... basically the next NEO. But dyor obviously, I think ICX is amazingly undervalued considering how real it is vs some of the vaporware currently in the top 10. All it needs is a little bit of time on the hype train and it'll blast off but it's just a question of getting a seat.

And things can change too, I think we'll be able to make a more accurate call in mid-Feb.
**MFC**
**Barbara Palvin is my 10/10 crew**
post 1539797591 01-07-2018, 07:47 AM
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#6611
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Originally Posted By Crownbrah⏩
Traditionally if you trade, your job as a trader is to limit risk and preserve your capital. Holding losses is a losers game for traders and I've seen many people blow their accounts out that way. We're in a special time in crypto where people can hold losses for a long time and usually if they wait long enough they'll recover their value lost in USD. But heres what they disregard - opportunity cost. There's no telling how long things will be in a downtrend or sideways and lets say for example you bought BTC and it went down 10%. Sure you can hold it and it will probably go up over time, but what if you cut off that loss and go put that money to work in something that is trending up now. That's how a trader will think, gamblers think in HODL and moon terms

I know I'm going against the majority opinion here, but HODL is a meme and at some point in this market the dynamics will change it will be a career ending move. I don't know when that will be but I always keep this in the back of my mind. I don't wish losses on anyone so I thought I'd share my opinion here because thats what my experience has been
th

i

s
There is no thing without nothing.

_____________________________________


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post 1539797731 01-07-2018, 07:51 AM
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#6612
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Sitting on this xlm has been so painful for the past 4 days now, it's about 70% of my portfolio, considering breaking even on about half of it to go out and make some money elsewhere
post 1539797751 01-07-2018, 07:51 AM
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#6613
  1. RedSoxfan1978
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Originally Posted By iifymbro⏩
Well people have been looking at market caps and the way the market is growing and throwing numbers around like $100, $200, $270 by end of year... basically the next NEO. But dyor obviously, I think ICX is amazingly undervalued considering how real it is vs some of the vaporware currently in the top 10. All it needs is a little bit of time on the hype train and it'll blast off but it's just a question of getting a seat.

And things can change too, I think we'll be able to make a more accurate call in mid-Feb.
I agree. I've done research on it. I had a small stack and sold at a profit. I'm sitting on a chunk of TRX and XBY I'm thinking of rolling into ICX.

TRX I'm not sure of anything about it anymore. :-(
"Johan tells me that your luggage, is the luggage of the poor."

"The will to survive is not as important as the will to prevail... the answer to criminal aggression is retaliation." - Col. Jeff Cooper USMC Ret.
post 1539797761 01-07-2018, 07:51 AM
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#6614
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Originally Posted By HMFIC_BROWSIN⏩
Agreed. But reallocation isn't the worst idea ever.I want to start dabbling into forex (audusd etc)
From everything I've heard...

**MFC**
**Barbara Palvin is my 10/10 crew**
post 1539797791 01-07-2018, 07:52 AM
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#6615
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Today is finally MCOs turn
post 1539798061 01-07-2018, 07:58 AM
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#6616
  1. HMFIC_BROWSIN
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[QUOTE=iifymbro post_id=1539797761]From everything I've heard...

[img]https://media.giphy.com/media/14qhUjtyGv2tRm/giphy.gif[/ig][/QUOTE]Lol, it's definitely not as brain dead obvious as crypto/stocks, but opportunity is there.
post 1539798091 01-07-2018, 07:58 AM
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#6617
  1. 2020Wellness
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Originally Posted By smallmeatchamp⏩
Today is finally MCOs turn
Why do you say this? It's associated with Visa, who cracked down on crypto cards the other day.
trainingwithryan.substack.com
post 1539798111 01-07-2018, 07:58 AM
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#6618
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Originally Posted By HMFIC_BROWSIN⏩
Lol, it's definitely not as brain dead obvious as crypto/stocks, but opportunity is there.
dat leverage! I've played forex on a simulator b4, it's pretty fun.
post 1539798121 01-07-2018, 07:58 AM
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#6619
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post 1539798251 01-07-2018, 08:01 AM
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#6620
  1. Trapstar4.4
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Originally Posted By TacticalTaco⏩
Sitting on this xlm has been so painful for the past 4 days now, it's about 70% of my portfolio, considering breaking even on about half of it to go out and make some money elsewhere
yeah man it's hard. it's a huge part of my portfolio as well. i think im going to hold on.
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post 1539798271 01-07-2018, 08:02 AM
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#6621
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Originally Posted By Silencespeaks⏩
Yeah lol don't know much about it but from what I've heard it's really only feasible for huge institutions that trade with bots etc.

Maybe crypto will mature like that too one day, where everything consolidates and only large institutions with bots make money off fluctuations etc.
By then we will likely all be too rich to care.
We're not early investors like the guys into this from 2008 etc. BUT we are early enough that when things are simplified and huge money starts coming in we can all cash out and retire. :-)
"Johan tells me that your luggage, is the luggage of the poor."

"The will to survive is not as important as the will to prevail... the answer to criminal aggression is retaliation." - Col. Jeff Cooper USMC Ret.
post 1539798321 01-07-2018, 08:03 AM
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#6622
  1. ccounts54
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The people that worry about whatever event will cause this "bubble" to pop, and need an exit strategy...my question is do you genuinely believe this entire market will be regulated to the point of shut down/no liquidity, or do you just think 90% of coins will go solvent? I'm in the latter camp...I definitely think crypto is saturated with chit coins which will eventually work itself out, but if you are in genuinely good products/teams I don't think the bubble talk should be as scary.

I think cryptocurrencies are beginning the move to mainstream integration, but there will definitely be a lot of casualties along the way. That's why I'm mainly hodling utility tokens; they fuel products/service, not just one of 8 million privacy coins.

Dear Diary
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post 1539798431 01-07-2018, 08:06 AM
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#6623
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Originally Posted By Silencespeaks⏩
Maybe crypto will mature like that too one day, where everything consolidates and only large institutions with bots make money off fluctuations etc.
If it does get that far we'll all be ceo 10k/day

Edit: gandalf the gray up there ^
**MFC**
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post 1539798451 01-07-2018, 08:07 AM
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#6624
  1. HMFIC_BROWSIN
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Originally Posted By ccounts54⏩
The people that worry about whatever event will cause this "bubble" to pop, and need an exit strategy...my question is do you genuinely believe this entire market will be regulated to the point of shut down/no liquidity, or do you just think 90% of coins will go solvent? I'm in the latter camp...I definitely think crypto is saturated with chit coins which will eventually work itself out, but if you are in genuinely good products/teams I don't think the bubble talk should be as scary.

I think cryptocurrencies are beginning the move to mainstream integration, but there will definitely be a lot of casualties along the way. That's why I'm mainly hodling utility tokens; they fuel products/service, not just one of 8 million privacy coins.

Dear Diary
Look at the .com boom. Every company who had ".com" in their name MOONED. Amazon stock went from $2 up to $100 in 2 years, crashed, and didn't see the $100 share price again until 2009..... 7 years down. I can 100% see this happening to crypto. Not to mention the hundreds of defunct .com companies which died in that same era.
post 1539798511 01-07-2018, 08:08 AM
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#6625
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post 1539798521 01-07-2018, 08:08 AM
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#6626
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Originally Posted By Silencespeaks⏩
Yeah lol don't know much about it but from what I've heard it's really only feasible for huge institutions that trade with bots etc.

Maybe crypto will mature like that too one day, where everything consolidates and only large institutions with bots make money off fluctuations etc.
It will happen eventually. Wall street will definitely cause less volatility, which means no more insane gains for us =(
https://www.bloomberg.com/news/artic...y-trading-desk
post 1539798551 01-07-2018, 08:09 AM
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#6627
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Originally Posted By HMFIC_BROWSIN⏩
Look at the .com boom. Every company who had ".com" in their name MOONED. Amazon stock went from $2 up to $100 in 2 years, crashed, and didn't see the $100 share price again until 2009..... 7 years down. I can 100% see this happening to crypto. Not to mention the hundreds of defunct .com companies which died in that same era.
I know some guys who made their money in the .com boom and are still riding on it now because they understood the game and got out before it collapsed. We have to do the same thing.
**MFC**
**Barbara Palvin is my 10/10 crew**
post 1539798601 01-07-2018, 08:10 AM
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#6628
  1. Trapstar4.4
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Originally Posted By TacticalTaco⏩
Brah don't you live in ATL? Meetup for crypto trapping in zone 4 soon nikkah
yep northside is where i reside! I was thinking about running a scam where i sell physical bitcoins out of my trunk. been looking online for exotic looking blank coins. all we need then is to find somebody who can engrave a "B" on them.

yanno, stay ahead of da game
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post 1539798611 01-07-2018, 08:10 AM
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#6629
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Sweet sweet LINDA, damn girllllll
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post 1539798621 01-07-2018, 08:10 AM
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#6630
  1. ccounts54
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Originally Posted By Crownbrah⏩
Agreed, the bubble is with altcoins in my opinion. For those of you who have done your research, the legit coins are pretty obvious and BTC will always be king until something better comes along. So far nothing is even near the realm of BTC right now and if you think so and have a well thought out idea then I would love to hear your thoughts but from what I understand and the smartest people I know in this space, BTC is king.

At some point investors will need real world use in order to justify these valuations.. what coins have these so far? not many.
Absolutely agree on the insane valuations. I mean look at the amount of money that flowed into Tron...not only do they have no product, but people were sweating them running off with billions.
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