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[Finance] The cryptocurrency (Bitcoin etc) thread







MJsGhost

Oooh Matron, I'm an
NSC Patron
Jun 26, 2009
4,621
East
Most of the meta coins have done great. i dont know enough about them to invest.

I have to admit, I bought into MANA purely on the advice of a friend (a trusted friend who knows his sh|t) so I owe him a number of pints!
 






MJsGhost

Oooh Matron, I'm an
NSC Patron
Jun 26, 2009
4,621
East
Those moments in crypto when you wish you'd bought just that bit more.

:goal:

3D6A1F75-4057-46E9-9424-4EE9E1F443FC.jpeg
 




CheeseRolls

Well-known member
NSC Patron
Jan 27, 2009
6,016
Shoreham Beach
It has all gone a bit quiet on here. What is everyone up to?

It is a good time to be a lunatic with Terra and its ecosystem breaking out. This is the only thing holding up my portfolio right now.

Looking through the rest of my portfolio, I have a high exposure to small market caps. I will find out over the next few months whether I have been buying gems or have been sadly deluded.

One once promising startup which has not delivered for me is formation.fi, where they have a possibly fatal combination of having to pull their liquidity pools due to an exploit and delays in going live. I have increased my holdings 60% through staking, but the price has halved.I can afford to sit on this for a while, to see if they can turn things around
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,409
also caught the Luna train. im coming to the conculsion anything that hasnt gone up decently by now isnt going to. the market is a bit more savvy (dog coins aside), small caps more selective than last time round.

hoping for some airdrops from Optimism and zksync to wrap up the year.
 


Bold Seagull

strong and stable with me, or...
Mar 18, 2010
29,893
Hove
I've gone ALL IN!!! Are you saying Sirius76 might not be for real!? :eek:



My wife's gonna kill me...

Well, I didn’t go all in, a went a little bit in. I have a small investment spread across BTC, Eth, XRP, Luna, Atom, which I leave and stake in Binance. I kind of just leave it but it has doubled in value. So that’s good.
 




CheeseRolls

Well-known member
NSC Patron
Jan 27, 2009
6,016
Shoreham Beach
also caught the Luna train. im coming to the conculsion anything that hasnt gone up decently by now isnt going to. the market is a bit more savvy (dog coins aside), small caps more selective than last time round.

hoping for some airdrops from Optimism and zksync to wrap up the year.

I am glad you put the bit in italics, savvy?

https://opensea.io/assets/0xa342f5d...279010842020632441619262890672708376456069120

How many metaverses are going to make money?
How many gaming platforms to rule them all are sustainable?
How is a crypto based social media platform going to scale, when the vast majority of people are just not interested in either crypto or yet another social media platform.

Traders don't care whether or not it has a dog picture, but anyone investing in this lot is in the casino feeding the slots as far as I am concerned.
 




holy m.o.g...wake up around 5ish to find BTC down to 52k so buy 14k worth on leverage. THREE MINUTES LATER crash bang wallop im 2400 down!! thankfully some recovery but now bagholding and hoping it recovers - looking at the panic selling seemingly driven by US fear of inflation, omicron and fear the government is going backrupt (!?) i might be holding this for a while..
 






acrossthepond

Active member
Jan 30, 2006
1,233
Ruritania
holy m.o.g...wake up around 5ish to find BTC down to 52k so buy 14k worth on leverage. THREE MINUTES LATER crash bang wallop im 2400 down!! thankfully some recovery but now bagholding and hoping it recovers - looking at the panic selling seemingly driven by US fear of inflation, omicron and fear the government is going backrupt (!?) i might be holding this for a while..

Have a look at the way LUNA has decoupled from BTC. Hit all time highs yesterday as everything else was tanking. Now a top 10 coin, with real world applications.
 


acrossthepond

Active member
Jan 30, 2006
1,233
Ruritania
Last 24h liquidations breakdown:

Bitcoin - $1.06 billion
Ethereum- $622M
Polkadot - $60M
Ada - $53M
XRP - $45M
Doge - $43M
Litecoin - $36M
Solana - $35M
Filecoin - $31M
EOS - $24M
Sandbox - $23M
Matic - $22M

Total: $2.5 billion liquidations
Traders liquidated: 392,794

https://twitter.com/Blockworks_/status/1467169412256083979



Sent from my Pixel 5 using Tapatalk

Leveraging always a risk on markets that move as quickly as crypto can. Learnt that lesson the hard, and expensive, way....
 


















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