I'm hoping for a bounce off the 9.65 line again. Looks like everything going down today. Btc down near one of my previous resistance trend lines. Likely to go back into that triangle. Green this week but might see red next week on lot of the market.
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
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Not sure about that one. Only know about cex vs dex. Centralized exchange vs decentralized exchange. Centralized being like coinbase and binance and decentralized being metamask and other wallets. On coinbase I can stake Atom for 5% and remove my coins at any time. But on keplr wallet, where I stake, I can get I think about 19% now, and am eligible for airdrops of other coins, most of which I been staking and compounding. Tho using that method locks your coins for a certain time. Depends on the coin. 14, 21, 28 days even. Gotta be aware of that risk. It takes that many days to undelegate. One of the coins, evmos, I had delegated to this one guy I follow on twitter and he had an issue and got jailed. First time I've experienced that. That means something went wrong with their code or their systems. Validators are jailed for having too much downtime, or for double signing blocks. Don't want to delegate to someone that has lots of downtime. I think 99 and 100% are the ones my coins are all with. I lost 10% of my delegated stack cuz of the penalty, 25 coins, so I gotta wait two weeks to get those coins back and stake them again elsewhere or swap them or whateverI want to do, likely buy an nft and stake the rest. But it's a high reward way with some risk that gives more opportunities than somewhere like coinbase or binance. Depends on your risk tolerance. I've staked my atom that way for 2 years with no issues.
Other coins like avax may be similar but be sure to read up on everything regarding staking in that specific platform and look around to see what others are offering. Never heard of ribbon finance but hopefully it's not like all those firms and exchanges that have been having issues lately.
The basic premise is that you will have your coins in a wallet or exchange, and you have to have a certain amount of them to earn "interest" or additional coins. Some make you keep them on exchanges, and some don't. I stake Horizen, but I don't have to keep them on an exchange. I have a seed phrase in case I can't access my wallet, so don't have the risk of losing my coins if I have a computer issue or forget my password.
For me, I have quite a bit of ZEN, so I earn about 22 ZEN/week. You need 42 ZEN to run a secure node and 500 ZEN to run a supernode, and you get paid weekly for holding it. At current price levels, the 22 ZEN/week is not anything crazy, but if you put it at fall 2021 levels, then it was netting me around $2,000-$2,500/week.
Virtuous_Brotha
Superstar
Buckle up
Got passed 1k drip. Been tough lately especially with how things have been looking but still grinding it out. Hopefully get to at least 9.5 a day by Labor Day if not 10 better. Spent a quarter bnb on avarice pool yesterday cuz i wanted to add a bit more tokens so gotta make that back as well. got 2 stakes closing tonight and gonna combine those coins with a few in my account to try and make that .25 bnb back quicker. need to get to 1 bnb by Labor Day, from the .14 i have now, without adding more.
Don't think much is going to happen this week even tho it's been getting hyped up. Maybe a little down, then right back up again. No new lows or anything like that. Probably hit the bottom when Bitcoin went under 18k at 17.7. Now 22.6. Don't think it's going under 18k again anytime soon. If it does, I'll be happy. 17.7 - 22.6 still a great buying range.
Most are predicting another 75 point hike, then lower in the future. Jobs so far seem to be holding, even tho there have been some hiring freezes. Gas Prices continue to go down. Regular a month ago was average 4.92, now 4.36 - AAA Gas Prices
The doom and gloom and it's real stuff is pretty much known, so I do believe it's being factored in, when some don't.
Again, I do wish people like Capo are right, see recent tweet below. He's thinking Epic rejection, hammer dropping all that stuff. Then, some people reading the same charts will talk about this and that formation, not 4th wave but 5th wave, then times are different so you can't apply past data plotting to what's happening today etc.
I feel it's more the we've already hit bottom, but we're still in bottom area. No new lows.
Most are predicting another 75 point hike, then lower in the future. Jobs so far seem to be holding, even tho there have been some hiring freezes. Gas Prices continue to go down. Regular a month ago was average 4.92, now 4.36 - AAA Gas Prices
The doom and gloom and it's real stuff is pretty much known, so I do believe it's being factored in, when some don't.
Again, I do wish people like Capo are right, see recent tweet below. He's thinking Epic rejection, hammer dropping all that stuff. Then, some people reading the same charts will talk about this and that formation, not 4th wave but 5th wave, then times are different so you can't apply past data plotting to what's happening today etc.
I feel it's more the we've already hit bottom, but we're still in bottom area. No new lows.
we have to be ready for anything
ETH failed to beat the trendline this past week. Worse now with interest rate decision coming this week. Made an effort yesterday to pass the line but couldn't do it and it's been getting crushed so far today. Only a matter of time before it drops below the black line, prolly midweek when numbers come out. Then likely dip under the cloud next week on way to the dotted line again. Already seeing a bearish engulfing candle on today, which is too early to call. Might see a sub 1300 weekly/monthly close. Gonna be tough especially if rate is 100 or higher.
I would be good with that, I'm hoping it goes under 1200, what it was 9 days ago. This is one I want to load up on.ETH failed to beat the trendline this past week. Worse now with interest rate decision coming this week. Made an effort yesterday to pass the line but couldn't do it and it's been getting crushed so far today. Only a matter of time before it drops below the black line, prolly midweek when numbers come out. Then likely dip under the cloud next week on way to the dotted line again. Already seeing a bearish engulfing candle on today, which is too early to call. Might see a sub 1300 weekly/monthly close. Gonna be tough especially if rate is 100 or higher.
Yea, I agree. It's probably going to go down to those levels.
Capo, powerofpublishing/Calvin Hill and a few others may be right, but man, they got a few black swan events to help get them there.
It certainly helps when they push the doom and gloom narrative to their millions of subs and followers.
I would love to tell you yes, but until the farm is back up and running (ETA Sept) or an official Announcement/Date is made you can expect it to stay in this type of range.
Like I previously said in this thread, the reason it went crazy initially is because of the farm.
Without that all people can do is Buy/Stake/Sell.
We need it back so it can relieve the sell pressure, plus put more Drip from PCS back into the tax vault to prevent it from minting.