Breh where in my post did I say there wasn't any money to be made outside of the main coins. You are warping this discussion into something I didn't intend it to be.
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
Cool..I just tried to throw bread on Shiba but on Kucoin,but it's not available on the drop down menu
May have to cop something else then swap
Yeah but for someone who's a noob he needs to have fundamental holds, psychologically it'll do better for his mental health to realize small gains first cause realistically he's not gonna get rich quickPsychology speaking Link and Eth will not look favorable to someone with only a few hundred to put in
Everyone's situation is different, and everyone's risk tolerance level.
For those that have been in the space for a while, many will likely not be throwing money at every new "project" that comes out as they'd already likely done pretty well. However, someone just starting with a lower amount of capital is likely to swing for the fences. They will either do very well or lose most of it.
I strongly disagree with whoever said those that "HODL" will do worse and end up with bags compared to those that trade in and out. I can't disagree me, and I strongly believe it's the complete opposite in most cases. Holding, IF it's an established coin is likely going to end up much better for someone than trading in and out of different coins.
.
To each their own though..
For those that have been in the space for a while, many will likely not be throwing money at every new "project" that comes out as they'd already likely done pretty well. However, someone just starting with a lower amount of capital is likely to swing for the fences. They will either do very well or lose most of it.
I strongly disagree with whoever said those that "HODL" will do worse and end up with bags compared to those that trade in and out. I can't disagree me, and I strongly believe it's the complete opposite in most cases. Holding, IF it's an established coin is likely going to end up much better for someone than trading in and out of different coins.
.To each their own though.
.dude is an idiot
BTC is safe! your 100 dollars might be 105 dollars in 5 months! Leave it there for 70 years and your grandkids will thank you!
Virtuous_Brotha
Superstar
I can't lie I'm somewhat guilty of this, trading/ investing really is psychologic warfare. Pressing one damn button can mean the difference between acquiring generational wealth and being flat out broke.shyt is crazy how Crypto makes people greedy. I helped a couple people make a few thousands and brehs are like, nah that ain't enough and they get addicted to that hodl life to "maximize profit". I haven't done as well as @A.V. but I highly suggest y'all follow dudes blueprint. This hodl life will more than likely result in you being left with holding a bag. Nothing wrong with taking profit, you end up with more money than you started. Brehs talking about investing in Shiba for years and I'm like. Bear market will likely come at some point and shiba likely won't even make it to the next bull run. But again proceed at your own risk.
In my view there's no right or wrong way to manage expectations in the wild west where buying a meme coin and holding can lead to house money. Other than understanding any play can lead to your money going to zero and never being resurrected. Apart from doing thorough research, taking out your initial investment and learning how to differentiate long term holds from a lil bit of fun i got no other advice to newcomers
Crypto is highly volatile, none of this shyt is safe. That said, with big risk can be big reward. People ain't driving lambos from this shyt for no reason.
the bossman
Superstar
he said ETC. not ETH.
Maybe it happens. I doubt it. In a bullrun Eth will have a period where it outperforms BTC but I dont see it overtaking BTC. Adoption is just not at that level yet.
Everyone's situation is different, and everyone's risk tolerance level.
For those that have been in the space for a while, many will likely not be throwing money at every new "project" that comes out as they'd already likely done pretty well. However, someone just starting with a lower amount of capital is likely to swing for the fences. They will either do very well or lose most of it.
I strongly disagree with whoever said those that "HODL" will do worse and end up with bags compared to those that trade in and out. I can't disagree me, and I strongly believe it's the complete opposite in most cases. Holding, IF it's an established coin is likely going to end up much better for someone than trading in and out of different coins.
To each their own though.
yeah im not gonna dump a few grand into cumrocket or whatever bullshyt is out there and hodl
but something like feg..its price would denote that its shyt but with any actual DD youd see they 1. have their own exchange 2. can stake 3. get frictionless rewards 4. wrap other coins for rewards 5. have an active dev team and community 6. deflationary
its not some bullshyt
with its supply it likely wont ever touch a penny but it wont need to if someone buys in at 7 or 8 0's
the bossman
Superstar
people are basically saying don't HODL outside of the main coins
i think eth can overtake btc eventually but it'd take another 2 years or so
jilla82
Superstar
BTC maxis low key salty
they on Twitter furious
The people who treat this like a second job and watch EVERYTHING (keeping an eye on the economy, real estate market, etc..) so they have an idea on if things may tank have the opportunity to make quit your job money.
thats fair..again id say it depends on what you put in
if you put in 4 or 5 figures then yeah take your profits and be out
if you put in some whatever money that would have otherwise been spent on booze or some shyt then fukk it, let at least some of it ride