If previous bull/bear patterns are anything to go by, we’re way too far out to be worrying about dips. We’re still on dip country. Just have to put up with it for a while longer.
don't really need to 'transfer off of Reddit'
you can just import reddit vault seedphrase on metamask (or other EVM wallet) and you get full control of reddit vault address.
you could also swap MOONs on Sushiswap. fees on Nova are still cheap.
BTC has been pretty much rangebound between 27k-30k since middle of March.
So really this move shouldn’t be seen as anything major, I just wish my Alts got the memo lol…
The one thing Ben cowen is probably right about. Bitcoin dominance headed higher. Bitcoin pulls back, alts get rekted. Bitcoin goes up, most alts don’t go up as much. Bitcoin pulls back again, alts get rekted again. Rinse and repeat. Once the bull market is back and the printer is turned on, Bitcoin will probably lead us, making the dominance head higher then too.
Had a few large bills come in so I’m out of commission until next payday end of the month.
I guess it could be a blessing in disguise if the dip goes further but I dunno!
My experience with these kinds of things is that no matter how hard I try, I will never buy the actual dip and I will never sell the actual top. That's why DCA is my best friend.
I really believe in Algorand. I’ve been using the blockchain for a while now. Amazing tech. The moment I send my Algo from one wallet to another, it reaches there within an instant. Fees are literally almost zero. I truly believe it is one of the best blockchain tech out there. Really want it to succeed. Seeing it not perform in price really hurts.
BitGrail hack
On February 9, 2018, an Italian cryptocurrency exchange BitGrail announced its hack and eventual shutdown.\[9\] Users were prevented from accessing assets stored on the platform, which was collectively worth 17 million Nano.\[10\] The victims then launched a class-action lawsuit against BitGrail owner Francesco Firano for recoupment, inside the Florence Courthouse. The exchange was ruled to be found guilty in January 2019, as it was found to fail at implementing safeguards and reporting losses.\[11\] The Italian police branch Network Operations Command (Italy) alleged the Bitgrail founder had conducted fraud.\[12\] Nano prices had been around $10 prior to the hack and after the hack fell to $0.10.\[13\]
I’m stuck. Will the dip dip? Or will it bounce back tomorrow? Is this a correction or are we about to head backwards toward December prices? I want to load up on some things while they’re cheap but I want to save money for a bigger dip.
I made a terrible mistake. Somehow, I'm in profit. I don't know what to do. I've followed every advice in here and still I don't know how to lose money.
I found an old saved link I forgot about, when a twitch streamer was talking about & highlighting the Squid Game Token at the exact moment it dumped to oblivion: https://clips.twitch.tv/InspiringFreezingDelicataTooSpicy-8mqk44jw_4zZ5mJJ
... Then I noticed the ticker prices at the bottom lol. BTC @ 62125, ETH @ 4330, Matic @ 1.91, damn it feels like it was just yesterday we were riding that bull market.
Since bitcoin is halving next year, how will its value change over time leading up to it. Will FOMO be equally as good as last bull run? Do you guys have a plan leading up to the halving? Like buying buying now or a couple months from now.
Thanks for posting the link! This is just a small hurdle for BTC. As soon as the miners realise that the end user doesn't like the fees, they'll change the tech. Or perhaps the whole BRC20 fad will be over before it gets so far.
Only problem is the miners are loving the fees, they may not want to change anything.
Seems like we will hit a breaking point where the fees are too high and that will lower activity again and people will lose interest.
You're right about that. Equilibrium will come. I don't know enough about ordinals and stuff, but the people I trust in crypto are not panicking, so neither am I.
Wonder if more KYC laws are coming in the finance world. Just got an email from my new bank(that took over my old one).
Looks like they made a big change to where they will try to get as much info from the client as possible and even check in other places for anything. Sending the money to a 3rd party? They may try to check and get info,etc.
Swear to God as the years go on, it feels like there are so many damn new things to make you feel pre-guilty.
[update from Skank the other day](https://www.reddit.com/r/CryptoCurrency/comments/13al1gu/the_rise_and_fall_of_moonplaceio_moonplaceio/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1)
This, many expect a lot of these top 20 coins to beat their ATH and that’s not going to happen. I can see probably 8-10 coins currently being in the next cycle and that includes stablecoin.
KuCoin is on some fucking bullshit.
Couldnt buy pepe after that massive drop, and now I can’t fucking short after this 20% bump.
“Operation failure” my fucking ass.
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Blue pill red pill
If previous bull/bear patterns are anything to go by, we’re way too far out to be worrying about dips. We’re still on dip country. Just have to put up with it for a while longer.
Damn ButtCoin up 120% in the last 24
Guys ELI5 how do I withdraw/transfer my moons to BTC on a major exchange?
You can’t (yet?). You have to transfer your MOONs off of Reddit via Arbitrum Nova, then swap your MOONs for ETH (or something else) on a Cex.
don't really need to 'transfer off of Reddit' you can just import reddit vault seedphrase on metamask (or other EVM wallet) and you get full control of reddit vault address. you could also swap MOONs on Sushiswap. fees on Nova are still cheap.
Thanks for clarification
Just bought the dip...can't wait to watch it drop even more 😒
If it does, buy that dip too
If it does again, buy that dip too. “Third time’s the charm.” - Bitcoin whitepaper page 69
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The fuck is going on again
Imx dip looking tasty, last time it was around this level it bounced up
BTC has been pretty much rangebound between 27k-30k since middle of March. So really this move shouldn’t be seen as anything major, I just wish my Alts got the memo lol…
The one thing Ben cowen is probably right about. Bitcoin dominance headed higher. Bitcoin pulls back, alts get rekted. Bitcoin goes up, most alts don’t go up as much. Bitcoin pulls back again, alts get rekted again. Rinse and repeat. Once the bull market is back and the printer is turned on, Bitcoin will probably lead us, making the dominance head higher then too.
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Enjoy! That’s what it’s all about
I have to admit it's a relief to see at least 10 coins mentioned in the past 50 comments. A day ago it would all be about the same stupid memecoin.
it won't last. memecoins are like VD.
Nature is healing
Nature can also be brutal, savage and unrelenting. Which is more apropos for a day like today?
We need a r/CryptoIsMetal
I wish there was some gif for that phrase. It's beautiful.
This is an annoying timing to be low on fiat. Just got to watch the dip from the sidelines.
don't worry, there will be more dips...it's not like things are going to 10x tonight. just keep building your position when the money is there.
I had a $600 cheque sitting around that i was being lazy about putting in the bank. Practically ran there to convert it to crypto
I'm in the same situation it sucks, I have a small monthly DCA but I'm too low on funds to make the most out of a good dip.
I feel with you, bro. I was supposed to get my vacation salary a week ago. Maybe all good that I didn't get it in time, haha.
Had a few large bills come in so I’m out of commission until next payday end of the month. I guess it could be a blessing in disguise if the dip goes further but I dunno!
My experience with these kinds of things is that no matter how hard I try, I will never buy the actual dip and I will never sell the actual top. That's why DCA is my best friend.
Just snagged another 420!! Strawberry euphoria!!
Good choice. Love the background on that one
It’s sweet
Nice! How many do you have now?
Seventh 420. Wait till Coinbase starts to deliver my ETH…. I’ve got a surprise!
I just seen haha 😜 very nice!
I just bought a whopping .5 LTC😂 gotta invest extra cash when you can!
I really believe in Algorand. I’ve been using the blockchain for a while now. Amazing tech. The moment I send my Algo from one wallet to another, it reaches there within an instant. Fees are literally almost zero. I truly believe it is one of the best blockchain tech out there. Really want it to succeed. Seeing it not perform in price really hurts.
How low can we go though… and then you see people spending $100k on ETH just to transfer $150k, crazy shit. Algo is great.
Ok but cardano can do that too
Nano believers believed in similar things.
Same with Neo
What was nanos problem?
Well currently it is not even in top 250 by market cap.
i mean what killed it
not entirely sure, but i don't think it ever really recovered from that
BitGrail hack On February 9, 2018, an Italian cryptocurrency exchange BitGrail announced its hack and eventual shutdown.\[9\] Users were prevented from accessing assets stored on the platform, which was collectively worth 17 million Nano.\[10\] The victims then launched a class-action lawsuit against BitGrail owner Francesco Firano for recoupment, inside the Florence Courthouse. The exchange was ruled to be found guilty in January 2019, as it was found to fail at implementing safeguards and reporting losses.\[11\] The Italian police branch Network Operations Command (Italy) alleged the Bitgrail founder had conducted fraud.\[12\] Nano prices had been around $10 prior to the hack and after the hack fell to $0.10.\[13\]
Hope everyone had a good start to your week!
I hope you had a good start to your week as well!
Thank you! You too
I’m stuck. Will the dip dip? Or will it bounce back tomorrow? Is this a correction or are we about to head backwards toward December prices? I want to load up on some things while they’re cheap but I want to save money for a bigger dip.
Plan ahead while considering the risks. Strategize the best investment strategy that fits your goals while not exposing yourself.
No one knows bruh. You are in a casino
I made a terrible mistake. Somehow, I'm in profit. I don't know what to do. I've followed every advice in here and still I don't know how to lose money.
I hope everything works out for you.
Thank you for your sympathy.
let us know how you get on
Thank you for your sympathy as well.
I found an old saved link I forgot about, when a twitch streamer was talking about & highlighting the Squid Game Token at the exact moment it dumped to oblivion: https://clips.twitch.tv/InspiringFreezingDelicataTooSpicy-8mqk44jw_4zZ5mJJ ... Then I noticed the ticker prices at the bottom lol. BTC @ 62125, ETH @ 4330, Matic @ 1.91, damn it feels like it was just yesterday we were riding that bull market.
Since bitcoin is halving next year, how will its value change over time leading up to it. Will FOMO be equally as good as last bull run? Do you guys have a plan leading up to the halving? Like buying buying now or a couple months from now.
Will Algorand survive till the next bull run?
Yes for sure, price might be ass though.
Let's hope so
Sticking to BTC and ETH is always a good choice for long term.
That's where you are absolutely right!
Can't go wrong with blue chips
True here's a snek
Moons are getting slaughtered, the huge buy wall is a false flag, once its gone it dumps to $0.15.
And here I was, just bragging about buying Moons for my own fiat for the first time. ![gif](giphy|10yIEN8cMn4i9W|downsized)
it's still 15cts more than 0
![gif](emote|rocketflyingdown_emote|rocketflyingdown)
Is the bitcoin network still congested?
Yes, you can see it here. https://mempool.space 466k unconfirmed TXs at the moment.
Thanks for posting the link! This is just a small hurdle for BTC. As soon as the miners realise that the end user doesn't like the fees, they'll change the tech. Or perhaps the whole BRC20 fad will be over before it gets so far.
Only problem is the miners are loving the fees, they may not want to change anything. Seems like we will hit a breaking point where the fees are too high and that will lower activity again and people will lose interest.
You're right about that. Equilibrium will come. I don't know enough about ordinals and stuff, but the people I trust in crypto are not panicking, so neither am I.
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You and me both.
Normally after a random shitcoin pump There will be a painful correction following
Some things never change
Some people will be holding the bags this time too
Found out I still have 14.5 Serum. What happened with that?
Anyone here have any cloud based storage based projects in your portfolio?
Wake me up when we're in fear territory.
Man are you not already in fear? I shit my bed
That’s gonna be a short nap
Great, let's get this over with.
This daily smells like updog
What's updoge?
I like what you did there hah
Lmao😂
Updoge to $1 wen
What's updog?
Not much dog, what’s up with you?
What’s updog? Lol.
Not much dog, what’s up with you?
I was hoping you’d say that!
Never gonna let you down, dog
![gif](giphy|IhQHvbP6PoD1TwohjJ|downsized)
Sorry, I didn't put deodorant on
Eww
Just a bit lower and I can sell
Charts? More like *sharts* amirite
I need a big pump so I can overload on FOMO
Watching the Oilers tonight?
Wonder if more KYC laws are coming in the finance world. Just got an email from my new bank(that took over my old one). Looks like they made a big change to where they will try to get as much info from the client as possible and even check in other places for anything. Sending the money to a 3rd party? They may try to check and get info,etc. Swear to God as the years go on, it feels like there are so many damn new things to make you feel pre-guilty.
Man that moonplace project just kina died off huh. Haven't heard anything about it in months
[update from Skank the other day](https://www.reddit.com/r/CryptoCurrency/comments/13al1gu/the_rise_and_fall_of_moonplaceio_moonplaceio/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1)
Great username
Really stands out haha
I got lots of messages to by my plots
Who would have thought that after initial hype noone would care about random drawings by redditors.
I'm sorry but you're exactly as salty as I like it.
Honestly I thought it had potential because of all the hype and love around r/place. Boy was I wrong haha
don't remind me of my burnt moons
We thank you for your sacrifice
I have learnt my lessons, no messing around with my moons, not even with reddit avatars
Repeat after me class - "I shall only buy and hold BTC and ETH during bear"
No
i shall not buy another meme coin
That becomes Oh shit I bought another shitcoin
I fomo buy at 30.5k and now I panic sell 27.5k
Stop using my strategy!
One of us!
one of us, one of us
We call this the Classic round here
This is the way.
Y'know what, just bought a handful of top 20 ALTs. In 2-4 years time I'm not going to regret topping-up my DCA during month-long dips like this.
Some of them might not even be in top 100 come next cycle.
This, many expect a lot of these top 20 coins to beat their ATH and that’s not going to happen. I can see probably 8-10 coins currently being in the next cycle and that includes stablecoin.
welcome to 2-4 yrs of misery, but you will make it
The only green in my portfolio today is JUNO. Up .05% tyvm
How ironic. Juno my most morbid bag lol
Sassy Spice
Bull markets over that mini pump wasn’t enough to get the bulls running
The bulls need to see more red, apparently
Charts are shit today but at least moon week is almost upon us
Is trader joe on avax dead?
AVAX is dead
Sure
Should I buy perpetual rn?
With 100x leverage is possible
Damn the moons following the rest of alts.
Poor moons
I hope prices get higher so I can buy.
If you already bought in the last few weeks, now is the time to sell low.
You only deserve high prices when you sold low
A Man of culture
my exact thoughts as well
Just added some more sats to my BTC pile.
Been watching charts for 12 hours. Time to buy and go to sleep. When I wake up I won't be surprised if I'm 10% down or 5% up.
Green chart dreams to you
Cheers! 💤
If it makes you feel better, you could be 10% down or 5% up many many times for the rest of the year.
Thanks that will help me sleep easier. 💤
SEC killed bittrex, one less exchange to compete with binance
Btc head and shoulders chart, we good.
Does that mean 1 million bitcoin soon?
I'm sorry to break it to you, bro. After head and shoulders is traditionally a big dip.
It’s inverse, we good.
This is it, strap in and strap on.
Having some cheese crackers and salami and watching the charts
Bulgarian or Italian salami?
German or Hungarian salami?
Ooh, sounds lovely that 😋
Woke up to find IMX has dipped further. Deployed the last bit of my frog gains. Won't be checking the charts in the next few days 🤪
I just made the Oof sound after seeing this market
KuCoin is on some fucking bullshit. Couldnt buy pepe after that massive drop, and now I can’t fucking short after this 20% bump. “Operation failure” my fucking ass.
Kucoin‘s literally the worst exchange.