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Another Bitcoin golden cross has been spotted — and it could mean a bull run is in the making

2

Comments

  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    edited August 2021

    But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

    Cardano has made me a couple bucks. My buddy told me He was goin heavy on Solana a couple weeks ago and I didn’t listen. It’s up over 150% over that time and still rocketing. FYFMFE
  • godawgst
    godawgst Member, Swaye's Wigwam Posts: 2,606 Swaye's Wigwam
    How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,672
    godawgst said:

    How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

    The ones that big money is investing in. Like Cardano
  • greenblood
    greenblood Member Posts: 14,566
    godawgst said:

    How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

    Bitcoin
    Etherium
    Cardano
    Solana
    Tether
    ChainLink
    Polkadot
    Polygon

    I think there will be more. These cryptos all have high usage rates. I think Ethereum and Cardano offer the most upside potential right now.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    godawgst said:

    How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

    Bitcoin
    Etherium
    Cardano
    Solana
    Tether
    ChainLink
    Polkadot
    Polygon

    I think there will be more. These cryptos all have high usage rates. I think Ethereum and Cardano offer the most upside potential right now.
    Solana just doesn’t stop. I keep waiting for it to flatten out for a day and it just keeps poppin double digits every day.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,551 Founders Club

    But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

    This year,

    Bought BTC at $30k
    Bought ETH at $900
    Bought ADA at $1.22

    Agree BTC is probably in for a bit of a pullback but long term should continue to beat the market. Currently running a miner in Kanopool and as long as the price is above $34k or so it is profitable.
    ETH should continue to rise but will be hampered by ADA taking market share in DEFI. Overall though, DEFI will continue to expand and the growth there will overshadow any market share fights imo.
    ADA might hit $5 by 2022. It already hit $3.10. I'm actively engaged in DEFI and the potential to lower fees associated with that will be game changing.

    Just my current takes. I have a handful of other cryptos but those are my three big plays and the ones I believe in. Everything else is for experimentation, information, and knowledge in the space. Plus if something takes off I don't completely miss out.
  • greenblood
    greenblood Member Posts: 14,566
    Kaepsknee said:

    But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

    Cardano has made me a couple bucks. My buddy told me He was goin heavy on Solana a couple weeks ago and I didn’t listen. It’s up over 150% over that time and still rocketing. FYFMFE
    That's awesome. Yeah I only bought 3-4 coins last month at $33. But a gain is a gain. But don't stop, I see predictions of it hitting as high as $350 by year end. Definitely still more room to run.
  • greenblood
    greenblood Member Posts: 14,566
    Kaepsknee said:

    godawgst said:

    How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

    Bitcoin
    Etherium
    Cardano
    Solana
    Tether
    ChainLink
    Polkadot
    Polygon

    I think there will be more. These cryptos all have high usage rates. I think Ethereum and Cardano offer the most upside potential right now.
    Solana just doesn’t stop. I keep waiting for it to flatten out for a day and it just keeps poppin double digits every day.
    Bought another coin a few days ago when it dipped to $114. Glad I did.
  • greenblood
    greenblood Member Posts: 14,566
    edited September 2021

    But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

    This year,

    Bought BTC at $30k
    Bought ETH at $900
    Bought ADA at $1.22

    Agree BTC is probably in for a bit of a pullback but long term should continue to beat the market. Currently running a miner in Kanopool and as long as the price is above $34k or so it is profitable.
    ETH should continue to rise but will be hampered by ADA taking market share in DEFI. Overall though, DEFI will continue to expand and the growth there will overshadow any market share fights imo.
    ADA might hit $5 by 2022. It already hit $3.10. I'm actively engaged in DEFI and the potential to lower fees associated with that will be game changing.

    Just my current takes. I have a handful of other cryptos but those are my three big plays and the ones I believe in. Everything else is for experimentation, information, and knowledge in the space. Plus if something takes off I don't completely miss out.
    I love love love Cardano. I'm starting to massively load up on it.

    I also still like Ethereum

    I'm not a fan of Bitcoin in regards to rapid growth. I think it's a great long term stable play. To me, Bitcoin is like buying Apple today for the long term. You're not going to get rich on it anymore, that time has passed. But it's a great long term investment as part of a portfolio, and by far the most stable coin of the crypto market.

    If you are looking to load though, I'm all in on Cardano. I think this will make people rich. My employee's husband bought 10,000 Cardano when it was at .03! So jealous.
  • greenblood
    greenblood Member Posts: 14,566
    edited September 2021
    I’ve learned a lot from YouTube live streams. Jordan Camirand is my favorite. He goes over about 30-40 different coins each day. He also discusses which coins have high utility purposes and which ones are “shit coins”