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MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
05-19-2021, 01:51 PM
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#3661
05-19-2021, 01:54 PM
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#3662
- Phobaphobia
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Originally Posted By XPmpnII⏩
Next prediction is we rally back into the $44-52k range. Until everyone is super bullish and hopeful again. And then it will dump again. Make sure you guys take at least some profit.i was on a break from crypto during this.... in for next prediction
After missing their opportunity for cheap coins last bear market, intitutional investors have us by the balls now. They will squeeze this as low as it can go for many months because they finally realize Bitcoin and DeFi can't be stopped.
But of course they didn't want to buy in at ATH prices. So they're using all the tools in their tool shed. Lot's of sell pressure.. and yes, even Elon. All the billionaires scratch each others' backs.
Originally Posted By JoshSP1985⏩
I used to be.Are you actually afraid of fear? Seems like a good quality for speculative investing.
05-19-2021, 01:55 PM
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#3663
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Originally Posted By BredRoller⏩
I'm doubtful but I'm open to all possibilities so Matic is my largest Alt hold for now.Thoughts on ~$2 Matic? Overvalued or going to $4+ by EoY?
05-19-2021, 01:59 PM
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#3664
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Fuark, was making some of the alt money back flipping doge earlier today but now it decided to stay put at 0.35 fml.
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05-19-2021, 02:06 PM
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#3665
Originally Posted By Barteh⏩
If that is your target then I have some bad news. You do realize how unlikely that is right? The difference between now and 2017 is pretty significant in terms of blockchain tech.My target to start buying BTC again is around 9k USD. Maybe I'll dip in my feet around 13-14k depending on how the market is looking. Gonna be a few months though probably before it reaches that level. And the bear market will probably last 1-2 years so I'll just put something extra in monthly during that period.
If it drops to 9k then what is the point of even buying it at that point? That would mean that people have lost conviction in it's long term purpose, and institutions would have to pull out of it. 9k isn't going to happen again imo. I never say never but that's maybe a 1 in 1000 chance.
Today was market manipulation, that's not normal movement.
05-19-2021, 02:07 PM
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#3666
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Originally Posted By Phobaphobia⏩
Same here but been hesitating to get back in. Missed that quick dip this morning and don't wanna be impulsive.I'm doubtful but I'm open to all possibilities so Matic is my largest Alt hold for now.
05-19-2021, 02:12 PM
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#3667
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Originally Posted By BredRoller⏩
Just don't forget to accumulate it when this thread is silent and no one cares about crypto anymore. In 2-3 years Matic will be $10+Same here but been hesitating to get back in. Missed that quick dip this morning and don't wanna be impulsive.
05-19-2021, 02:18 PM
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#3668
- waytoodeep03
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Originally Posted By Phobaphobia⏩
I called this **** 9 days ago. Just like I told y'all to buy Matic at $0.20 months ago.
Originally Posted By monty097⏩
How do you guys find coins like these?That's why I invested in HIVE instead of actual coins, alot less volatile but still went from $0.09 to $7.25 in a year when it rode the bitcoin rise lol.
And it's "only" down 6% today despite all cryptos getting smoked.
And it's "only" down 6% today despite all cryptos getting smoked.
It is literally IMPOSSIBLE to buy bitcoin right now and expect to retire from it. Same even with ETH unless ETH will hit 500k.
How are you all finding these .20 cent coins and have them in the dollars?
The only coin I have that I caught in time was DOGE but that is a meme and I cashed out alot when it hit .60. The rest when it hopefully hits $1 but even then that is not retirement money.
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05-19-2021, 02:19 PM
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#3669
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05-19-2021, 02:21 PM
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#3670
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Originally Posted By Phobaphobia⏩
That is the plan, LT hold on that one.Just don't forget to accumulate it when this thread is silent and no one cares about crypto anymore. In 2-3 years Matic will be $10+
05-19-2021, 02:35 PM
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#3671
Alright, now y’all see what I meant by BTC dominance during a crash.
𝕮𝖍𝖆𝖘𝖊 𝖆 𝖈𝖍𝖊𝖈𝕶, 𝖓𝖊𝖛𝖊𝖗 𝖈𝖍𝖆𝖘𝖊 𝖆 𝖇𝖎𝖙𝖈𝖍
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05-19-2021, 02:38 PM
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#3672
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will BTC ever get flipped? why is it even priced and relied on so heavily? It's age old tech. I'm assuming the quantity and it being the 'first' makes it so valuable?
I think once the crypto market stops looking at BTC as the god of gods, it'd be in a much better spot.
I think once the crypto market stops looking at BTC as the god of gods, it'd be in a much better spot.
05-19-2021, 02:39 PM
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#3673
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Originally Posted By Phobaphobia⏩
Crypto is never not going to be cared about anymore. 2018-2019 will never happen again, the playing field has changed and institutions have settled in. It's a legitimate asset class and every idiot is out there thinking they're going to just DCA during the "bear market" that will never come. There will be usual cycles but you won't be getting low prices anymore outside of some global great depression.Just don't forget to accumulate it when this thread is silent and no one cares about crypto anymore. In 2-3 years Matic will be $10+
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05-19-2021, 02:40 PM
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#3674
05-19-2021, 02:41 PM
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#3675
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Originally Posted By waytoodeep03⏩
I'm thinking about putting a guide together to explain how I do it.How do you guys find coins like these?
It is literally IMPOSSIBLE to buy bitcoin right now and expect to retire from it. Same even with ETH unless ETH will hit 500k.
How are you all finding these .20 cent coins and have them in the dollars?
The only coin I have that I caught in time was DOGE but that is a meme and I cashed out alot when it hit .60. The rest when it hopefully hits $1 but even then that is not retirement money.
It is literally IMPOSSIBLE to buy bitcoin right now and expect to retire from it. Same even with ETH unless ETH will hit 500k.
How are you all finding these .20 cent coins and have them in the dollars?
The only coin I have that I caught in time was DOGE but that is a meme and I cashed out alot when it hit .60. The rest when it hopefully hits $1 but even then that is not retirement money.
But basically I look on CMC for coins in the #60-130 range. This is the sweet spot IMO, coins here who run hot during a bull run can jump all the way into the top 20.. which usually means a 10-25X.
Find projects that ideally already have a working network. Look for the ones that have some extremely good news on the horizon (or just happened).
For Matic.. they rebranded to Polygon and shifted their focus a bit to be a fascilitator of DeFi. Looking into it more I noticed they had some Ethereum devs advising them too. Polygon were able to lower fees and speed up transactions for DAPPs running on ether... which was arguably the biggest thing holding DeFi back. Those DAPP projects didn't want to have to wait on Ethereum to get their layer 1 **** together so when I saw a bunch of them onboarding to Polygon/Matic (in a seemless fashion), I knew more and more projects would jump on board too. Then the good news just kept popping up in the form of rumors (Coinbase listing, Sushiswap running on Polygon, Twitter NFTs running on it as well, etc).
Of course I validated this the whole way by checking the Matic network for volume increases as well as the # of hodlers.
In the early stages of the bull run I tend to hold a good spread of coins but by the mid-end of it, I try to find 1-3 coins to double down on. Like I said, just need to hit on one coin that takes a giant leap forward. If it has amazing fundamentals and an increasing demand for its use, it's a sure bet to do well. Buy more of it and don't even look at the chart for a couple months.
You can ride the memes but it's hard to find the early ones that will actually get traction and explode
05-19-2021, 02:42 PM
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#3676
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Originally Posted By waytoodeep03⏩
By the time normies here about a coin, it's already long pumped. You need to be in certain groups and forums and get lucky on someone shilling it early. Tbh even this forum helped me make my first million in 2017 when mcity and cryptolambo were shilling BNB and WTC.How do you guys find coins like these?
It is literally IMPOSSIBLE to buy bitcoin right now and expect to retire from it. Same even with ETH unless ETH will hit 500k.
How are you all finding these .20 cent coins and have them in the dollars?
The only coin I have that I caught in time was DOGE but that is a meme and I cashed out alot when it hit .60. The rest when it hopefully hits $1 but even then that is not retirement money.
It is literally IMPOSSIBLE to buy bitcoin right now and expect to retire from it. Same even with ETH unless ETH will hit 500k.
How are you all finding these .20 cent coins and have them in the dollars?
The only coin I have that I caught in time was DOGE but that is a meme and I cashed out alot when it hit .60. The rest when it hopefully hits $1 but even then that is not retirement money.
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05-19-2021, 02:59 PM
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#3677
- Barteh
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Originally Posted By lntense⏩
Just 14 months ago it was at 5k. We'll see how unlikely it is. It's definitely way more likely than 1 in a 1000 unless you're somehow assuming BTC cannot fail. The chance for BTC to fall back down to 1 dollar may be 1 in a 1000, the chance of it falling back down to almost double the price it was at 14 months ago is significantly higher.If that is your target then I have some bad news. You do realize how unlikely that is right? The difference between now and 2017 is pretty significant in terms of blockchain tech.
If it drops to 9k then what is the point of even buying it at that point? That would mean that people have lost conviction in it's long term purpose, and institutions would have to pull out of it. 9k isn't going to happen again imo. I never say never but that's maybe a 1 in 1000 chance.
Today was market manipulation, that's not normal movement.
If it drops to 9k then what is the point of even buying it at that point? That would mean that people have lost conviction in it's long term purpose, and institutions would have to pull out of it. 9k isn't going to happen again imo. I never say never but that's maybe a 1 in 1000 chance.
Today was market manipulation, that's not normal movement.
Also, if a 10-20% day loss = market manipulation then what is 500% increase in 3 months time? Normal market movement?
05-19-2021, 03:02 PM
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#3678
- waytoodeep03
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Originally Posted By LeftistGent⏩
I need the names of these forums and groups. I want to be an insider. Show me the way pleaseBy the time normies here about a coin, it's already long pumped. You need to be in certain groups and forums and get lucky on someone shilling it early. Tbh even this forum helped me make my first million in 2017 when mcity and cryptolambo were shilling BNB and WTC.
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05-19-2021, 03:05 PM
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#3679
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Originally Posted By LeftistGent⏩
Fuark I remember when BNB first got shilled here it was at something like $0,20. Never hopped onto the Waltonchain train but made plenty from BNB.By the time normies here about a coin, it's already long pumped. You need to be in certain groups and forums and get lucky on someone shilling it early. Tbh even this forum helped me make my first million in 2017 when mcity and cryptolambo were shilling BNB and WTC.
05-19-2021, 03:08 PM
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#3680
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SO is XRP still a thing? Its literally the only coin that isnt Tether that is in the top 10 and trading around or close to $1.
DOGE doesnt count
DOGE doesnt count
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05-19-2021, 03:21 PM
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#3681
- 2020Wellness
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Man, all these coins down 35% are tempting. AAVE especially. Tough not to start buying things up right now, but the market isn't looking too strong as the days goes on.
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05-19-2021, 03:34 PM
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#3682
05-19-2021, 03:42 PM
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#3683
- entropy91
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Originally Posted By waytoodeep03⏩
What does the price being a dollar have to do with anything? Do you know how market caps work?SO is XRP still a thing? Its literally the only coin that isnt Tether that is in the top 10 and trading around or close to $1.
DOGE doesnt count
DOGE doesnt count
Originally Posted By 2020Wellness⏩
Same. I'm still figuring out what I'm going to do. My biggest alt bag is RNDR which I'm still up 1100% on. Alts looking juicy tho.Man, all these coins down 35% are tempting. AAVE especially. Tough not to start buying things up right now, but the market isn't looking too strong as the days goes on.
I'm thinking a small dip back in and then reassess in the coming weeks.
05-19-2021, 03:54 PM
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#3684
05-19-2021, 03:54 PM
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#3685
- 2020Wellness
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Originally Posted By entropy91⏩
I just picked up a small bag of four different choices (LINK, ZEC, ZRX, LRC). Limit sell orders immediately put in place for 15% gains.What does the price being a dollar have to do with anything? Do you know how market caps work?
Same. I'm still figuring out what I'm going to do. My biggest alt bag is RNDR which I'm still up 1100% on. Alts looking juicy tho.
I'm thinking a small dip back in and then reassess in the coming weeks.
Same. I'm still figuring out what I'm going to do. My biggest alt bag is RNDR which I'm still up 1100% on. Alts looking juicy tho.
I'm thinking a small dip back in and then reassess in the coming weeks.
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05-19-2021, 04:05 PM
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#3686
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Originally Posted By Bluku⏩
I nailed the top of this setup on the sp500 by spotting the distribution, problem is distribution doesn't automatically equal total destruction forever, which people seem to assume. Nice drop but then a climactic volume sell day was all it took to pivot it, gotta be quick on your feetbtc needs to do this
pls do this
pls
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05-19-2021, 04:25 PM
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#3687
- entropy91
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Originally Posted By 2020Wellness⏩
I finally picked up some KCSI just picked up a small bag of four different choices (LINK, ZEC, ZRX, LRC). Limit sell orders immediately put in place for 15% gains.
05-19-2021, 04:31 PM
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#3688
Do you guys really think the major players wont come for the long term holders? They know you are harder to scare. The people who got in at 15K should still be here.
It seems to me, the move from 65K to 30K was to shake out the FOMOers who got in after it ran from 35K
The true test of will comes below 30K lol.
It seems to me, the move from 65K to 30K was to shake out the FOMOers who got in after it ran from 35K
The true test of will comes below 30K lol.
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05-19-2021, 04:47 PM
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#3689
- entropy91
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Originally Posted By Abzu⏩
Not really. It already dropped below 30k. Personally I see 0 point in selling if it went to say 20k, quite the opposite in fact.Do you guys really think the major players wont come for the long term holders? They know you are harder to scare. The people who got in at 15K should still be here.
It seems to me, the move from 65K to 30K was to shake out the FOMOers who got in after it ran from 35K
The true test of will comes below 30K lol.
It seems to me, the move from 65K to 30K was to shake out the FOMOers who got in after it ran from 35K
The true test of will comes below 30K lol.
You have to factor in the fact that tons of leverage was being used this run and it was all just cleared out.
05-19-2021, 05:03 PM
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#3690
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Everybody seen this?

The above or the Wyckoff Distribution model... Either way spells 'elite' control of the Bitcoin market in 2021.
The above or the Wyckoff Distribution model... Either way spells 'elite' control of the Bitcoin market in 2021.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
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Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
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