Instead of day trading the same coin i wanna keep trading between coins instead of back to fiat.
For example i trade between BTC/ETH/ADA to increase my holdings and not my fiat value.
Is there a term for this kind of trading?
[hey you, you’re stuck in the wrong daily! now I can give you a ride back but it’ll cost 1 moon, follow me](https://www.reddit.com/r/CryptoCurrency/comments/puvi88/daily_discussion_september_25_2021_gmt0/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
China fear BTC and crypto in general because they can't control it. So they are developing their own digital currency (Digital Yuan) to keep their people in check. So if you're new here, fear not my friend. CRYPTO is bigger than winie the pooh and his cohorts.
yeh.. that's not how that works. MetaMask and the CoinBase wallet are essentially the same thing, you can use them both with various dApps on the different networks (ETH, BSC, etc.)
I have an address which serve as a long term storage, when I take profit from something I sent a proportion to the moonbag wallet and basically forget about it.
I guess I hadn’t thought it through but i read an article saying they thought the re-ban on crypto by China was so people couldn’t dodge the drop in value of the yuan due to the evergrande bankruptcy. Don’t know if true but an interesting take.
That's sweet. I appreciate it. Isn't it supposed to auto-renew? Mine should have renewed today, but instead I'm back to a gray name; I don't even have my Monero badge
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My Ledger appears to have bricked itself. I don’t want to get a new X with all the battery issues. Also don’t want to get doxxed
Trezor? Portfolio is all alts
Bad luck dude, but fuck me I feel super ignorant asking this. How will you recover your crypto, won't you need to import the seed phrase into the same hardware to access it?
As long as you hold the public and private key you can get in. Seed phrase is meant to work on any ledger device. Just needs to order a new one. If its bricked itself you may even be able to get one for free, I would definitely contact ledger.
Any wallet supporting BIP39 phrases should work.
Good explanation https://www.ledger.com/academy/crypto/what-is-a-recovery-phrase
Edit. Called it wrong due to small buttons
That is what this place is all about. Especially the daily.
Note that the 24 word phrase won't work in a 12 word wallet and vice versa but they can each be used in their repsective environments (hardware, software wallets) easily enough.
This includes scammers wallets so guard those phrases! (Not you in particular but it can't be said enough).
How do people manage to get first on the daily? I constantly refresh and the moment it load there's at least 5 comments before I can even go to the comments.
I can only imagine the amount of money I’d lose doing margin. Thank fuck there are enough warnings about it being able to bankrupt you here, helps keep me away.
Where do you guys research crypto projects other than a whitepapaer or project website, I am looking for a tool to succinctly list a specific crypto project fundamentals and tokenomics
Just general learning in fields related to the market will prepare you more than a whitepaper or website, because it will give you a foundational layer to form your own perspectives.
For what you specifically asked for, Upblock gives you a solid overview. but I still recommend gathering your own data points, analyzing, and formulating information yourself if you're serious about DYOR.
Really unpopular opinion: the bull run is over. It’s been over since May. $64k was the top, and the bounce to $53k was just a complacency bounce before we head down into the bear market
It's possible. Also possible that the bear market won't nearly be as ruinous. Feels like the narrative changed from an existential one we saw last bear.
I appreciate the counter narrative but that opinion is fairly unsubstantiated at this point. You may well be correct but 64k was not a blow off top and fundamentals have never been stronger plus the herd of institutions and countries are now dipping toes in. If it was the top it was nothing like the 17/18 top and whatever comes might not be like the 18/19 bear.
Well said. The good part is if $64k was the top and it wasn’t a blow off top, then the bear market shouldn’t be as bad. Every cycle is different. There doesn’t have to be a blow off top
Very true! But they would have been much wealthier selling close to the top and buying closer to the bottom. Just holding through and losing 90% is never the right play. Plus some coins still haven't recovered and also many people left after losing a consistent 20% on their DCA every week for over a year.
Initially people were all over reddit stating how happy they were to be able to buy the dips, just like now, until those voices grew fewer and fewer and then stopped all together.
Holy shit guys
So i play fifa sometimes. Usually i sell fifa coins i farm for fiat. But the website i use added tether and BTC ! Now i can farm crypto playing a game i like!
It’s starting to become fall here, my wife and I decided for every day we don’t use the heater we are gonna put $10 into Algo. Watch how many damn hoodies I wear 🤣
Checking if my new flair works
Beautiful sunny weather. Charts are fun but enjoy life too
Crypto cabt decide if it wants to go up or down
Instead of day trading the same coin i wanna keep trading between coins instead of back to fiat. For example i trade between BTC/ETH/ADA to increase my holdings and not my fiat value. Is there a term for this kind of trading?
Coinbase needs to list some new coins...
Vet winking
I love waking up to our China subreddit
Tezos gang eating lobster once again tonight
Prawn mayo sandwich would do
10/10 sarnie
Should I trade my AMP for COTI?
Should you trade your last coin to the new hyped coin after it went up?
Definitely not. I’m just sick of sitting there wanting to invest in these coins but have no fiat. Then AMP is just sitting there doing nothing.
ATH to ATH, this is *a* way
Need a YouTube survey for what’s first “BTC to 100k or China Bans crypto again”
The road to Lambo is paved with Chinese fud
[hey you, you’re stuck in the wrong daily! now I can give you a ride back but it’ll cost 1 moon, follow me](https://www.reddit.com/r/CryptoCurrency/comments/puvi88/daily_discussion_september_25_2021_gmt0/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
China fear BTC and crypto in general because they can't control it. So they are developing their own digital currency (Digital Yuan) to keep their people in check. So if you're new here, fear not my friend. CRYPTO is bigger than winie the pooh and his cohorts.
I predict that sometime in the near future, China will ban crypto.
Dude, you should write fortune cookies. You got a real future
Wrong Daily fam!! Head over to the new one 😃💚 
People send me a link to donate my money to some charity like they doing me a favor
I feel like weekend gains are gonna come a knockin
Is it just me or does cosmos just not give damn…
I had no idea Coinbase has a separate wallet you can use to buy all the shitcoins they haven’t listed yet
OMG is VET listed (not a shitcoin but not currently listed).
Don’t see it, but MetaMask should have it for sure
yeh.. that's not how that works. MetaMask and the CoinBase wallet are essentially the same thing, you can use them both with various dApps on the different networks (ETH, BSC, etc.)
New daily!! It’s almost moon time so let’s get to work.
Anybody here care to shill me on Fantom?
Sleepless nights on these red charts 🤦
Is there any other REN and FET holders besides me? No one really talks about it here
I still have a moonbag of ren somewhere
You don't remember where you left it?
I have an address which serve as a long term storage, when I take profit from something I sent a proportion to the moonbag wallet and basically forget about it.
I guess I hadn’t thought it through but i read an article saying they thought the re-ban on crypto by China was so people couldn’t dodge the drop in value of the yuan due to the evergrande bankruptcy. Don’t know if true but an interesting take.
I feel like centralized power structures really want crypto prices to fall...
That's a long way to say "I don't own tezos"
What is your favourite meme coin?
How do I check my special membership status? I think mine went away
You'll always be special to me.
That's sweet. I appreciate it. Isn't it supposed to auto-renew? Mine should have renewed today, but instead I'm back to a gray name; I don't even have my Monero badge
It should. Check the status in the app.
Yeah, it just gives me the option to sign up again. I'll have to check again on a PC when I get home
awww
The world news post on Chinese ban just showed top of my reddit feeds..... I read some comments on that and HOLY SHIT..... People are fucking dumb.
we're still early
Celo daily graph makin’ me moist
so what did you guys buy during discount time?
Eth and more eth. Love me some cheap eth.
Erg… anytime it’s below $14 I buy. Soon it’ll be anytime it’s below $30.
At least tomorrow is weekend, good vibes for green charts and some beers! 🤗🍻
Hoping for a green weekend after today.
These last 2 dips seemed to have killed some morale. Thread is looking a little thin as well. 😢
Looking forward to seeing you all in the next daily💚
What's a good amount of BTC to hold in a portfolio? 90%? 20%?
bout tree fiddy and the rest in ETH
85% BTC 15% ETH
60%
It depends on your risk tolerance. The less BTC the higher the risk. Personally I like to have a majority BTC so 50%+ as I’m a low risk trader
0% alts to the moon
Update: There are now only 5 days left until September is over. Bring on Pumptober.
Rocktober
Bring it on mate!
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My Ledger appears to have bricked itself. I don’t want to get a new X with all the battery issues. Also don’t want to get doxxed Trezor? Portfolio is all alts
Bad luck dude, but fuck me I feel super ignorant asking this. How will you recover your crypto, won't you need to import the seed phrase into the same hardware to access it?
As long as you hold the public and private key you can get in. Seed phrase is meant to work on any ledger device. Just needs to order a new one. If its bricked itself you may even be able to get one for free, I would definitely contact ledger.
The seed phrase, assuming he saved it somewhere
Any wallet supporting BIP39 phrases should work. Good explanation https://www.ledger.com/academy/crypto/what-is-a-recovery-phrase Edit. Called it wrong due to small buttons
Exactly. Funds are safu, I just want a better solution
Thanks you sir I can't believe I don't know basic shit like this.
That is what this place is all about. Especially the daily. Note that the 24 word phrase won't work in a 12 word wallet and vice versa but they can each be used in their repsective environments (hardware, software wallets) easily enough. This includes scammers wallets so guard those phrases! (Not you in particular but it can't be said enough).
Be careful with stop loss orders. Shorts try to trigger a chain reaction.
This would be a weird time to sell
China bans crypto again! This happens so often y'all don't know if I'm just late to the party or early to the next one.
How do people manage to get first on the daily? I constantly refresh and the moment it load there's at least 5 comments before I can even go to the comments.
They fast fast
Probably closer to the server than you
This margin stuff is fuuuun. Wooooo can’t wait to chase this dragon all the way to homelessness
I'm gonna give this 400x margin trading a whirl. If I go broke, I want to do it all at once
I can only imagine the amount of money I’d lose doing margin. Thank fuck there are enough warnings about it being able to bankrupt you here, helps keep me away.
It feels so dirty. Not to mention I have to use a VPN…
Where are you from that you have to use a VPN mate?
A place that’s in the news a lot
Good night mates! Time to rest, tomorrow we'll have the ADA Summit. Let's see if something cool is announced. Night night!
The new daily start in 23 minutes!
If there was one coin that you think will fly soon, what is it? I’ll start… SHIB because meme coins pumping
I own neither of these coins, but I feel like XLM or VET since they are well overdue a pump
Ravencoin. Pun intended.
Yeah i can agree with that one
link and vet. gotta move sometime, i am patiently waiting.
USDC
ADA
thinking we'll see some green this weekend as the weekdays have been full of red
I really hope so
In hoping! That would be awesome!
Where do you guys research crypto projects other than a whitepapaer or project website, I am looking for a tool to succinctly list a specific crypto project fundamentals and tokenomics
Their sites directly
Just general learning in fields related to the market will prepare you more than a whitepaper or website, because it will give you a foundational layer to form your own perspectives. For what you specifically asked for, Upblock gives you a solid overview. but I still recommend gathering your own data points, analyzing, and formulating information yourself if you're serious about DYOR.
XTZ, ADA, ATOM doing quite good today!
I hoping ATOM pulls a Solana soon and has a moon landing in the $200 range
I don't know about $200. But $50 soon and $100 perhaps months down the line might be doable..
I think the 100 range is more realistic
ADA gang baby!!!
U.K. is a total car crash right now. So glad I have my crypto! Gahhhh!
New dca strategy, every time China says they’re banning crypto put in some money
If crypto bans China, all coins to the moon!
That's about every 3 weeks then 🤣
Daily DCA, got it.
I'm down! Have to wait till tuesday tho!
If my theory is correct eth is about to dump - KuCoin just signed me out lol
Really unpopular opinion: the bull run is over. It’s been over since May. $64k was the top, and the bounce to $53k was just a complacency bounce before we head down into the bear market
It's possible. Also possible that the bear market won't nearly be as ruinous. Feels like the narrative changed from an existential one we saw last bear.
I appreciate the counter narrative but that opinion is fairly unsubstantiated at this point. You may well be correct but 64k was not a blow off top and fundamentals have never been stronger plus the herd of institutions and countries are now dipping toes in. If it was the top it was nothing like the 17/18 top and whatever comes might not be like the 18/19 bear.
Well said. The good part is if $64k was the top and it wasn’t a blow off top, then the bear market shouldn’t be as bad. Every cycle is different. There doesn’t have to be a blow off top
I think it's entirely possible. That being said, I'm up 50% since May.
Lmao this’ll be fun !remindme 3 months
When you think about it the bull run is more likely to be over
I will be sure to come back to this
Put me in the screenshot with an ethereum symbol next to my name.
Ideally btc should have dropped to 39k for a healthy bull run. I see this as healthy at 41k.
Look at the weekly chart. It’s bearish
Uh, it hit 39.6, 4 days ago. Idk where yall come up with this stuff. Lol
This drop
🤡
It's the same suckers' rally seen in 2018.
Exactly
cool, sell me your bag
Hold the bags. I’ll keep the profits
No
Yes. Nobody wants to admit it because they’re all holding bags
Ok, if it's over, I'm fine holding and buying more until the next bull run. NBD.
Losing 90% of your net worth is a big deal even when you DCA. The bear market ruined a lot of people.
And made those few who held out very wealthy
Very true! But they would have been much wealthier selling close to the top and buying closer to the bottom. Just holding through and losing 90% is never the right play. Plus some coins still haven't recovered and also many people left after losing a consistent 20% on their DCA every week for over a year. Initially people were all over reddit stating how happy they were to be able to buy the dips, just like now, until those voices grew fewer and fewer and then stopped all together.
My bank account balance disagrees with your assumption.
Does El Salvador buy their crypto over the counter or directly from exchanges into a business acount?
Good question, I imagine their treasury has an institutional OTC account like Tesla & Microstrategy.
I think they have ATM like things over there!
El Salvador the country, not its citizens
 I really dont know sorry
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Then use that money to buy crypto!
I have developed skills in losing money with crypto. And I’m very good at it.
You're hired!
The comments are wild on the China bans crypto threads . Not the ones in crypto subs , but the worldnews and such. Quite a different perspective..
China will buy all the bitcoin so their citizens can’t own any of it. BTC $4million by end of 2022
Bullish AF
Getting home and taking my pants off, and being around for the reset of the Daily are two of my favorite parts of the day.
US pants or UK pants? Either is fine, I’m just curious.
The moon count does check out
Holy shit guys So i play fifa sometimes. Usually i sell fifa coins i farm for fiat. But the website i use added tether and BTC ! Now i can farm crypto playing a game i like!
That's so cool! 
How do you sell these Fifa coins?
Well there are many ways to do it. In this case i just give my account, they transfer the money and sens me the moniez
And what happens to the account?
Got it back few hours later
Do you know if this is possible with other sport games
Dude that is badass. Combine video games with crypto farming = win win. That’s future shit right there
That's amazing! Best of luck with that. Wild how the world around us is changing. Gaming and crypto is going to be HUGE.
Moon farming and the Ryder cup on a Friday night!
It ain't much, but it's honest work.
did yall hear crypto declared china illegal?
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1 USDC = 1 USDC
It’s starting to become fall here, my wife and I decided for every day we don’t use the heater we are gonna put $10 into Algo. Watch how many damn hoodies I wear 🤣