Anyone here able to live off crypto?
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
No but that's the dream.
Someone that got in early and is in stuff that has staking might be able to. Now's a good time to load up on ETH cuz it's got staking setup for 2.0. Load up on some low price coins too for the next bull run hopefully soon and get that residual income from staking.
What if it does?
yeah still kicking myself for selling mine last yearNo but that's the dream.
Someone that got in early and is in stuff that has staking might be able to. Now's a good time to load up on ETH cuz it's got staking setup for 2.0. Load up on some low price coins too for the next bull run hopefully soon and get that residual income from staking.
Buy it up
Then what if it drops to $5K?
that other shoe about to drop
but that won’t be the end of it
after it drops…it’ll then start stomping on these coins’ necks
and then it’ll continue to kick them shyts a few times
but IT WILL PAY if you stick around to pick up the pieces IF they're the right projects
but that won’t be the end of it
after it drops…it’ll then start stomping on these coins’ necks
and then it’ll continue to kick them shyts a few times
but IT WILL PAY if you stick around to pick up the pieces IF they're the right projects
satireprod
Superstar
that other shoe about to drop
but that won’t be the end of it
after it drops…it’ll then start stomping on these coins’ necks
and then it’ll continue to kick them shyts a few times
but IT WILL PAY if you stick around to pick up the pieces IF they're the right projects
man the keywords "right projects" is what scares me (BTC and ETH I know but picking others are more of a roll of the dice)here’s some cautionary info regarding what was once believed to be an aspiring top-tier project (XCP) just so I don’t come across as providing too pretty a picture bcuz every project isn’t going to survive what looks like an impending bear market which can realistically last years…I remember this project cuz I was looking at an old thread and seeing posts excited about the future of this coin
was ranked #71 on CMC at a price of $16 on june 2017…it dropped in ranking during the crypto price explosion in january 2018 to #147 but the price shot up to $60…some sold…some held it thinking it could run higher if it survived the bear market…that shyt is now ranked #3889 at $1.43 and hardly any volume to move it…so hodl doesn’t always work if the project you’re in isn’t sustainable
was ranked #71 on CMC at a price of $16 on june 2017…it dropped in ranking during the crypto price explosion in january 2018 to #147 but the price shot up to $60…some sold…some held it thinking it could run higher if it survived the bear market…that shyt is now ranked #3889 at $1.43 and hardly any volume to move it…so hodl doesn’t always work if the project you’re in isn’t sustainable
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satireprod
Superstar
it really should…read what I wrote above about XCP…honestly anything outside of the top 25 feels like a crapshoot…and even that provides no guarantees…neither does top 10 status…the one good thing about the SEC stepping in even tho it fukked shyt up for a long time, is that it solidified coinbase’s position in the game and the coins that get listed on its exchange…imo that provides some sort of a safety net when it comes to these projects
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bruh I was in that old thread and I legit felt sad…bcuz all the signs were there that the bear market was setting it’s claws in and we were all so optimistic about the market correcting itself…there were so many alt projects we were still excited about at the time…none of them shyts bounced back…and what bothered me is I sold out of them but others held them shyts for years waiting for the market to thrive again thinking their bags would bounce back and they didn’t
satireprod
Superstar
damn, so what's going on now if we're indeed hitting the bear market probably feels like a repeat in some ways (History doesn't always repeat itself, but it often rhymes)