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Crypto Currency Investors Thread - Investment (1934) - Nairaland

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Re: Crypto Currency Investors Thread by WizkidNews: 11:52am On Dec 26, 2021
jibosqie:
Anybody heard about DOGEDASH? Play to Earn Crypto Project.... The Team looks Excellent, Awesome Community. Its going to be rewarding in the long term(12-16Months). Price is a Steal for $0.00109 @ the moment. https:///dogedashgame
DYOR.
What exchange can we get it?
Re: Crypto Currency Investors Thread by Sheriman(m): 12:02pm On Dec 26, 2021
Luckyss:
You forgot to add ONE (Harmony)
Add TVK a Metaverse coin. This coin go pump die in 2022 just 600Million supply with 150million Market cap
Buy the dip now cos we are going places in 2022 December

9 Likes 2 Shares

Re: Crypto Currency Investors Thread by Tyche(m): 12:03pm On Dec 26, 2021
DenreleDave:


Honestly he needs to mind his business... Look on giveaway thread, he is always there.....

If Ibime decided to do giveaway now, he will be the first person to send his address grin grin grin

Don't mind the boy. Always giving a fück when it's not his place to.
Re: Crypto Currency Investors Thread by Mazinewmoney: 12:39pm On Dec 26, 2021
Got myself a Christmas present which is 5kusd SLP

I hope my Christmas present will make me smile come 2022 when it gets to its ATH.

God no go shame us

2 Likes 1 Share

Re: Crypto Currency Investors Thread by DenreleDave(m): 12:41pm On Dec 26, 2021
Like play like play..

Matic will. Hit 3 dollars....

Something mumu Ada refused to hit after their rubbish hyping news... Ada hit 3 come back to 1.4

Matic na man aswear

5 Likes

Re: Crypto Currency Investors Thread by akigbemaru: 12:43pm On Dec 26, 2021
Trex4:
Amen oh

TO convert to usdt Bep-20 use pancakeswap. To convert to Weth I'm afraid you'll have to use UNISWAP for that. And Uniswap won't recognise your "BSC" type of ethereum. Which means you'll have to send it to Binance to convert it to normal ETH, then send it back to Trust wallet using ERC. All these means hefty transaction fees, so be prepared.

1 Like

Re: Crypto Currency Investors Thread by Mazinewmoney: 12:44pm On Dec 26, 2021
I'll do giveaway when SLP forms that W which I drew which it's getting ready to form come next year.

2 Likes

Re: Crypto Currency Investors Thread by akigbemaru: 12:47pm On Dec 26, 2021
Samakus:
*Top 10 best performing cryptocurrencies in 2021*

�1 *SHIB*
Price (Jan1) = 0.000000000073
Price (Dec 24) = 0.00003863
YTD change = 0.0000386299
%YTD Change = *52,917,708.22%*

�2. *AXS*
Price (Jan1) = 0.537
Price (Dec24) = 107.56
YTD change = 107.023
%YTD change = *19,929.79%*

�3 *SAND*
Price (Jan1) = 0.0368
Price (Dec24) = 6.32
YTD change= 6.283
%YTD Change = *17,073.91%*

�4 *LUNA*
Price Jan1 = 0.637
Price Dec24 = 100
YTD change = 99.363
% YTD change = *15,598.59%*

�5 *MATIC*
Price Jan1 = 0.0177
Price Dec24 = 2.65
YTD change = 2.6323
% YTD change = *14,871.75%*

�6. *SOL*
Price Jan1 = 1.61
Price Dec24 = 190.17
YTD change = 188.56
% YTD change = *11,711.80%*

�7. Decentraland (MANA)
Price Jan1 = 0.0782
Price Dec24 = 3.740
YTD change = 3.662
% YTD change = *4,682.61%*

�8. DOGE
Price Jan1 = 0.0049
Price Dec24 = 0.1831
YTD change = 0.1782
% YTD change = *3,636.73%*

�9. *AVAX*
Price Jan1 = 3.58
Price Dec24 = 123.22
YTD change = 119.64
% YTD change = *3,341.90%*

�10. *CRO*
Price Jan1 = 0.059
Price Dec24 = 0.617
YTD change = 0.558
% YTD change = *945.76%*


MERRY CHRISTMAS EVERYONE
Re: Crypto Currency Investors Thread by akigbemaru: 12:56pm On Dec 26, 2021
Singapore1:
MY PERSONAL RULES PART 1


WHALES RULE THE CRYPTO INDUSTRY...

The success of a crypto project is always based on three things, and they are Liquidity, Hype and community. The number one determinant is liquidity and whales bring liquidity to project, even if your coin has the best use case in the whole world, without liquidity it is useless. So, i would position myself early in a project likely to be promoted by alameda, 3AC or Black edge ETC compared to ordinary project because they are whales.
EDGE token and ICP token have the same use case, but ICP is currently top 50 while EDGE is discovering oil (Edge is also older than ICP).
I could write a book about how the whale control everything but let's just keep it simple.

DON'T TRADE FUTURES (Do spot instead)
There are one thousand and one ways to make money in the industry futures just happen to be one of them. Don't get me wrong i trade futures too but i use very little percentage of my portfolio except i have received a strong FA (FINANCIAL ANALYSIS).

There are some influencers with large followers, if they post TA (TECHNICAL ANALYSIS), i tend to so futures with the coins they post, not because i believe in their TA but because of SELF FULFILLING PROPHESY. If someone with 500k followers post that Shiba will go up, if 50% of his followers buy into that hype, it is only natural for the coin to go up hence the self-fulfilling prophesy.

Secondly playing futures is like playing the Casino, the house always wins. These exchanges have real time data of long and short, they also have the funds to dictate the market, and they have analyst with years of experience monitoring these data, i don't see how you are getting away with this statistically. And please don't tell me about your friends that became a millionaire through trading futures, there is always an exception to all rules.

INFORMATION AND CONTROL IS VERY IMPORTANT.

With enough information and control you can measure the risk accordingly. I was watching a YouTube video about a retired drug cartel. He said he prefer to sell his drug to UK rather than other countries where the profit is maximum, he knows how the security in the EU works, so he'd rather sell in less risky country and make his profit rather than being greedy.
There is also a time we had a contact that would tell us about token that has been approved to be listed on binance or Huobi, we would pay about 1BeeTeeC per information.
We also have friends who are community manager of various project that would give us information before they are published. when you have access to some information you chance of losing money is really slim.
Real source of information are mostly on telegram, WhatsApp and your friends working for the said project. if an information made it to the social media like twitter, then it's already too late.
Also, the best way to lose your money quickly is to be following twitter calls

90% OFF ALL THE TOKEN WILL FAIL

If you are new getting into this space, please know this and know peace. 99% of meme token fail after 18 months so the chance of your meme token making you a millionaire is less than one percent. Please and please learn to take profit and leave moon bag, this is supposed to be a marathon not a sprint, there will always be better opportunity as long as you are not lazy.
Most people that made millions with their token are rich before the said token, so if you are just getting into the space the best thing to do is to build liquidity (capital ), continue building capital until you can afford basic amenities even if you lose 90% of your portfolio.

LEARN TO DO SIMPLE DATA ANALYSIS

Please and please learn to calculate simple token metrics, learn how market cap is calculate it will help you a lot in measuring your risk. One guy was telling me SHIBA will enter $1, i told him that would make SHIBA a $1 quadrillion market cap, that is about times 10 of Bitcoin, i asked if that make sense to him, he said no.
If you want to go far in the place learn to do simple research and data analysis on your own, you don't need to become Guru, a simple understanding of coinmarketcap is enough.

YOU CAN MAKE A CAREER OUT OF CRYPTO.

There are many sides to crypto and they are: -
OTC TRADING, Community management, Funds management, Farming , Investing in seed and private sales, Crypto consulting, Meme Maker ( companies would hire you to make meme, NFT flipper, Software Engineer ( of course ) ETC list is endless.
There are many opportunities in the space if you can look beyond the buying and selling sh!tcoins .

DON'T FOMO OPPORTUNITIES WILL ALWAYS COME

I can't stress this enough, personally i don't buy top 100 coins, let me do an analysis for you. I see a lot of people hyping the SAND token, the token is currently trading at 6 dollars about 6 billion market cap and about 20 billion diluted market cap, if i have 1000 dollars to invest, I’d rather do research on other metaverse projects with very low cap and invest rather than invest in sand because my 1000 will turn 5000 at best which is 5x my capital , but if i use the 1000 to invest in 3 metaverse projects there is high probability that i am doing 100x with them.
Yes the sand token has reputation but as long as sand is pumping other metaverse project will always pump no matter what, if sand dump then other metaverse project will dump along with it, maybe dump harder. If you are working with very low capital, you have no business trading top token, they are for whales



I murdered english, i didn't proofread

Re: Crypto Currency Investors Thread by santos123(m): 1:02pm On Dec 26, 2021
Sold half of my ftm at 2.20 and I don't regret it. Them say make we dey collect profit,I don dey learn am by force. grin

7 Likes

Re: Crypto Currency Investors Thread by jibosqie(m): 1:05pm On Dec 26, 2021
PANCAKE SWAP on Trustwallet
WizkidNews:

What exchange can we get it?
Re: Crypto Currency Investors Thread by WizkidNews: 1:07pm On Dec 26, 2021
Clint02:
You mean you are just buying Matic at 2.6 ATH??
Now this is Crypto. They laughed at me for buying Matic at 2.6. Lets see who's laughing now. Definitely not you �

3 Likes

Re: Crypto Currency Investors Thread by Robnectar(m): 1:18pm On Dec 26, 2021
Download star network App by Mark Zuckerberg,
Referral code; robnectar





https://download.starnetwork.io/
Re: Crypto Currency Investors Thread by Mazinewmoney: 1:26pm On Dec 26, 2021
You no de rest?. Please stop spamming this thread.
Robnectar:
Download star network App by Mark Zuckerberg,
Referral code; robnectar





https://download.starnetwork.io/

3 Likes

Re: Crypto Currency Investors Thread by Mazinewmoney: 1:38pm On Dec 26, 2021
I'll revisit this post one day when it happens by then I'll become a multi millionaire. Don't forget I've been holding plenty before I added this 5k today

1 Like

Re: Crypto Currency Investors Thread by akigbemaru: 1:47pm On Dec 26, 2021
Crimpsy:
EVERY ONE SHOULD BE ABLE THIs

Keep Learning:


1. *HODL* – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.


2. *Altcoin* – Every cryptocurrency other than bitcoin

3. *FOMO* – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. *JOMO* – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. *Moon* – Where everyone wants their coin to go, up and into outer space


6. *Bag Holder* – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. *Shitcoin* – A worthless and dead coin with no real value

8. *Dumping* – Downward price movement or a decision to sell a coin

9. *DYOR* – Do your own research

10. *FUD* – Fear, uncertainty and doubt


11. *Whale* – A super wealthy trader with a lot of money to spend

12. *Mining* – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. *Long* – A decision to hold onto a coin for the long term

14. *REKT* – When a coin goes down sharply and you have a bad loss

15. *Lambo* – The car that many people want to buy when they strike it rich


16. *Swing* – When the price of a coin is moving up and down at a rapid rate

17. *Pumping* – A coordinated effort to boost a coin by buying a lot of it all at once

18. *Bearish* – When the sentiment on a coin is negative

19. *Bullish* – When the sentiment on a coin is positive

20. *Exchange* – Websites that allow you to purchase and sell cryptocurrencies

21. *FIAT* – Any currency that is issued by a government

22. *TA* – Technical analysis

23. *ATH* – All-time high

24. *FA* – Fundamental analysis

25. *MCAP* – Market capitalization

26. *#ASHDRAKED* A situation where you lost all your money.

27. *#BTFD* Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

28. *Love Machine* Long green or red candles

29. *DUMP* To Sell off a coin.

30. *SAJ CANDLE* Huge green candle

31. *SHORT* Margin bear position

32. *SWING* Zig zag price movement (Upwards and downwards)

33. *REVERSE INDICATOR* Someone who is always wrong predicting price movements.

34. *RSI* Relative Strength Index

35. *KYC* know your customer/client.

1 Like

Re: Crypto Currency Investors Thread by akigbemaru: 1:49pm On Dec 26, 2021
sircatherine45:


I get the info from coinmarketcap and coingecko. I mainly use coins in the BNB blockchain because fees are cheap, and also scalability. If I'm interested in a coin, I check the blockchain first. I dislike Ethereum because gas fees are high. After that, I copy the contract address, and add it manually on TrustWallet. Then I use PancakeSwap to convert my BNB to BSC.

I'm thinking of doing a PDF on it.
Re: Crypto Currency Investors Thread by DenreleDave(m): 1:51pm On Dec 26, 2021
WizkidNews:

Now this is Crypto. They laughed at me for buying Matic at 2.6. Lets see who's laughing now. Definitely not you �

Never start to dey throw stones back...

E never even reach 5 dollars, u don de fire back... U r within ur initial invested funds... Calm down

7 Likes 1 Share

Re: Crypto Currency Investors Thread by WizkidNews: 1:54pm On Dec 26, 2021
DenreleDave:


Never start to dey throw stones back...

E never even reach 5 dollars, e don de fire back... U r within ur initial invested funds... Calm down
I trade on 15min - 1hr mark grin
Re: Crypto Currency Investors Thread by cherishyy(f): 1:58pm On Dec 26, 2021
Singapore1:
MY PERSONAL RULES PART 1


WHALES RULE THE CRYPTO INDUSTRY...

The success of a crypto project is always based on three things, and they are Liquidity, Hype and community. The number one determinant is liquidity and whales bring liquidity to project, even if your coin has the best use case in the whole world, without liquidity it is useless. So, i would position myself early in a project likely to be promoted by alameda, 3AC or Black edge ETC compared to ordinary project because they are whales.
EDGE token and ICP token have the same use case, but ICP is currently top 50 while EDGE is discovering oil (Edge is also older than ICP).
I could write a book about how the whale control everything but let's just keep it simple.

DON'T TRADE FUTURES (Do spot instead)
There are one thousand and one ways to make money in the industry futures just happen to be one of them. Don't get me wrong i trade futures too but i use very little percentage of my portfolio except i have received a strong FA (FINANCIAL ANALYSIS).

There are some influencers with large followers, if they post TA (TECHNICAL ANALYSIS), i tend to so futures with the coins they post, not because i believe in their TA but because of SELF FULFILLING PROPHESY. If someone with 500k followers post that Shiba will go up, if 50% of his followers buy into that hype, it is only natural for the coin to go up hence the self-fulfilling prophesy.

Secondly playing futures is like playing the Casino, the house always wins. These exchanges have real time data of long and short, they also have the funds to dictate the market, and they have analyst with years of experience monitoring these data, i don't see how you are getting away with this statistically. And please don't tell me about your friends that became a millionaire through trading futures, there is always an exception to all rules.

INFORMATION AND CONTROL IS VERY IMPORTANT.

With enough information and control you can measure the risk accordingly. I was watching a YouTube video about a retired drug cartel. He said he prefer to sell his drug to UK rather than other countries where the profit is maximum, he knows how the security in the EU works, so he'd rather sell in less risky country and make his profit rather than being greedy.
There is also a time we had a contact that would tell us about token that has been approved to be listed on binance or Huobi, we would pay about 1BeeTeeC per information.
We also have friends who are community manager of various project that would give us information before they are published. when you have access to some information you chance of losing money is really slim.
Real source of information are mostly on telegram, WhatsApp and your friends working for the said project. if an information made it to the social media like twitter, then it's already too late.
Also, the best way to lose your money quickly is to be following twitter calls

90% OFF ALL THE TOKEN WILL FAIL

If you are new getting into this space, please know this and know peace. 99% of meme token fail after 18 months so the chance of your meme token making you a millionaire is less than one percent. Please and please learn to take profit and leave moon bag, this is supposed to be a marathon not a sprint, there will always be better opportunity as long as you are not lazy.
Most people that made millions with their token are rich before the said token, so if you are just getting into the space the best thing to do is to build liquidity (capital ), continue building capital until you can afford basic amenities even if you lose 90% of your portfolio.

LEARN TO DO SIMPLE DATA ANALYSIS

Please and please learn to calculate simple token metrics, learn how market cap is calculate it will help you a lot in measuring your risk. One guy was telling me SHIBA will enter $1, i told him that would make SHIBA a $1 quadrillion market cap, that is about times 10 of Bitcoin, i asked if that make sense to him, he said no.
If you want to go far in the place learn to do simple research and data analysis on your own, you don't need to become Guru, a simple understanding of coinmarketcap is enough.

YOU CAN MAKE A CAREER OUT OF CRYPTO.

There are many sides to crypto and they are: -
OTC TRADING, Community management, Funds management, Farming , Investing in seed and private sales, Crypto consulting, Meme Maker ( companies would hire you to make meme, NFT flipper, Software Engineer ( of course ) ETC list is endless.
There are many opportunities in the space if you can look beyond the buying and selling sh!tcoins .

DON'T FOMO OPPORTUNITIES WILL ALWAYS COME

I can't stress this enough, personally i don't buy top 100 coins, let me do an analysis for you. I see a lot of people hyping the SAND token, the token is currently trading at 6 dollars about 6 billion market cap and about 20 billion diluted market cap, if i have 1000 dollars to invest, I’d rather do research on other metaverse projects with very low cap and invest rather than invest in sand because my 1000 will turn 5000 at best which is 5x my capital , but if i use the 1000 to invest in 3 metaverse projects there is high probability that i am doing 100x with them.
Yes the sand token has reputation but as long as sand is pumping other metaverse project will always pump no matter what, if sand dump then other metaverse project will dump along with it, maybe dump harder. If you are working with very low capital, you have no business trading top token, they are for whales



I murdered english, i didn't proofread


Wow! This is insightful. Thank you!
Re: Crypto Currency Investors Thread by Macgyver1: 2:04pm On Dec 26, 2021
Could this FIA Protocol be a scam? Have anyone here heard about them? I noticed exchange wallets in there holders list.

Re: Crypto Currency Investors Thread by mooojy: 2:14pm On Dec 26, 2021
sweetveek:
shook
Merry Christmas to you bro. I need your WhatsApp number.

1 Like

Re: Crypto Currency Investors Thread by Raph3177(m): 2:26pm On Dec 26, 2021
Mazinewmoney:
I'll revisit this post one day when it happens by then I'll become a multi millionaire. Don't forget I've been holding plenty before I added this 5k today
Good luck but I think is a bad move but I wish u well and I hope u revisit it happily someday.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Mazinewmoney: 2:27pm On Dec 26, 2021
Bad moves has been creating millionaires
Raph3177:

Good luck but I think is a bad move but I wish u well and I hope u revisit it happily someday.

2 Likes

Re: Crypto Currency Investors Thread by akigbemaru: 2:33pm On Dec 26, 2021
MrCodeSolo:
5 Reasons Cryptocurrencies Can Crash in 2022
The hottest investment is at risk of a bubble-bursting event next year.
As Written By Sean Williams.
(TMFUltraLong)
Dec 16, 2021 at 5:06AM
Author Bio
Key Points

The aggregate value of all digital currencies has risen 176% in 2021.
Despite these gains, the crypto market is at serious risk of a major pullback or crash in the upcoming year.

Motley Fool Issues Rare “All In” Buy Alert

When the curtain closes on 2021, it'll go down as another solid year for the stock market. Through Dec. 13, the benchmark S&P 500 had more than doubled (+24%) its average annual total return of 11% over the previous four decades.

But for cryptocurrencies, things haven't been good -- they've been outstanding. Since the year began, the aggregate value of digital currencies has increased by 176% to $2.14 trillion. Investors have been driven by the excitement surrounding decentralized applications and decentralized finance (DeFi), the rise of non-fungible tokens (NFTs), and the mammoth potential for blockchain-based gaming in the metaverse. And let's face it, cryptocurrencies are also chasing life-altering gains, such as the more than 45,000,000% year-to-date increase in meme-coin Shiba Inu (CRYPTO:SHIB).

However, the upcoming year may not treat digital currencies as kindly. What follows are five reasons cryptocurrencies, as a whole, could crash in 2022.
A visibly worried person looking at a rapidly rising then plummeting crypto chart on a tablet.

1. History suggests reversions are commonplace

To begin with, history suggests that the crypto market is in trouble. Even though big upswings have occurred frequently over the past decade, reversions following these upswings are commonplace, too.

Since the March 2020 bottom, the total value of all digital currencies has jumped more than 14-fold to $2.14 trillion. This is somewhat similar to the 35-fold increase in total market value over roughly 10 months between March 2017 and January 2018. However, following the January 2018 spike, the aggregate value of all cryptocurrencies would go on to decline by just shy of 90% over the subsequent 11 months.

We've witnessed similar reversions in individual cryptos that delivered life-altering gains, as well. Popular tokens like Nano, XRP, and Litecoin produced peak short-term gains ranging from 24,000% to nearly 462,000%. All went on to lose 93% to 99% of their value in a 12-month to 26-month stretch.

The point is this: [/b]Trading euphoria always retraces in a big way in the cryptocurrency space[/b]

2. Blockchain euphoria outpaces its use case

People have every right to be excited about the future potential for blockchain technology. DeFi offers the possibility of making almost instantaneous cross-border payments at low cost and can democratize the process to ensure even emerging-market residents can take part. There are also smart contract-based blockchains that can revolutionize supply chains.

But if there's one constant with every single next-big-thing technology, it's that investors always -- and I mean always -- overestimate how quickly a new technology or service will be adopted. We've watched it happen with the advent of the internet, business-to-business commerce, genomics, 3D printing, and now, blockchain technology.

While blockchain is exciting, it's simply not widely adopted yet, nor anywhere close to broad-based adoption. Businesses are unlikely to jump at the chance to support large-scale projects until there's evidence of its real-world effectiveness. Yet we won't get this evidence until businesses welcome blockchain with open arms. It's quite the conundrum/Catch-22 that could stall this monster rally.

3. An inability to decouple from the stock market

Another reason cryptocurrencies might crash in 2022 is their inability to decouple from the stock market.

In many ways, digital currencies are viewed as independent assets and a hedge to the broader market. For example, Bitcoin (CRYPTO:BTC) offers the perception of a limited token supply that's capped at 21 million. With the U.S. money supply soaring, investors view Bitcoin as something of a safe-haven investment that'll help store and grow their wealth -- better than the ever-diluted U.S. dollar, at least.

The problem is that cryptocurrencies haven't held up well when the stock market undergoes crashes or corrections. During the fourth quarter of 2018, the S&P 500 approached bear market territory (a decline of 20%). Meanwhile, the aggregate value of cryptocurrencies plunged from around $222 billion to roughly $130 billion over the same stretch (a 41% drop). The crypto market was also pummeled during the five-week coronavirus crash in February and March 2020.

I offer this warning because there are a growing number of clues to suggest the stock market will crash or undergo a double-digit percentage correction in 2022.

4. Margin debt wreaks havoc

Look no further than margin debt for a fourth reason cryptocurrencies could plunge in the upcoming year.

Margin describes the amount of money investors are borrowing with interest to purchase or short-sell securities. In some instances, investors using margin to lever their trades can supercharge their returns. But if the securities being purchased on margin don't move in the expected direction over the short term, the brokerages offering those loans could come calling. They'll either want investors to put up extra capital as collateral or could require/force the sale of assets. This is known as a margin call.

Because the crypto-exchange space is so fragmented, it's not exactly clear how much margin debt is outstanding. But make no mistake about it -- offers to deploy leverage aren't difficult to find.

Earlier this year, it was possible for certain investors to utilize 100 times leverage on their cash position when trading Bitcoin. At such immense leverage, even a 1% or 2% move in Bitcoin (which happens often in the blink of an eye) could lead to a margin call and forced liquidation.

If the music suddenly stops in the cryptocurrency market, margin calls could be right around the corner.


5. Meme coins lose their magic

Last but not least, don't be surprised if the popular "fear of missing out" (FOMO) moves suck the life out of the cryptocurrency market in 2022.

This year, pretty much any coin named after the Japanese Shiba Inu dog breed has been on fire. The aforementioned Shiba Inu has gained more than 45,000,000%, while Dogecoin and Floki Inu are higher by 3,119% and 2,763%, respectively, through Dec. 13.

But these meme coins all share one key trait: They lack anything resembling a competitive advantage.

Shiba Inu may be one of the most-searched digital currencies this year, but social-media hype doesn't translate to real-world appeal or long-term potential. The fact of the matter is that Shiba Inu is an ERC-20 token built on the Ethereum blockchain that's subject to the same high fees and processing lag that often impacts Ethereum's network. Nothing about Shiba Inu (or Dogecoin and Floki Inu, for that matter) suggests it'll be the payment coin of choice by businesses in an increasingly crowded field of blockchain projects.

If the FOMO that's driven investors into meme coins subsides, we could watch crypto euphoria quickly evaporate, as well.
Remember these are just detailed speculations buh trade with caution bcuz an indecisive market could either lead to a consolidation breakout or an somewhat endless bearish loop of bleeding bla bla bla, everything is alrdy set in motion and what the bear traders need come early 2022 is just a myriad of major and minor Fuds to make them frolic under the heavy bear weather....
Re: Crypto Currency Investors Thread by DaemoLee: 2:39pm On Dec 26, 2021
Mazinewmoney:
I'll revisit this post one day when it happens by then I'll become a multi millionaire. Don't forget I've been holding plenty before I added this 5k today

I sincerely do not know why I am confident SLP would massively moon someday probably because its owned by AXIE and they know how to run things strategically when ready. I have exactly 14,220 SLP and reading U buy it's 5k worth just made me more confident that I ain't bn hopeful on it alone.

2 Likes

Re: Crypto Currency Investors Thread by Mazinewmoney: 2:51pm On Dec 26, 2021
I am holding a total of 321,000 SLP

Just yesterday the second largest shib holder bought 2.8million dollars SLP
DaemoLee:


I sincerely do not know why I am confident SLP would massively moon someday probably because its owned by AXIE and they know how to run things strategically when ready. I have exactly 14,220 SLP and reading U buy it's 5k worth just made me more confident that I ain't bn hopeful on it alone.

That gaming token is seriously underrated. E go shock a lot of people when moon. Mind you.... I'm holding Long term.

2 Likes

Re: Crypto Currency Investors Thread by DaemoLee: 2:58pm On Dec 26, 2021
Mazinewmoney:
I am holding a total of 321,000 SLP

Just yesterday the second largest shib holder bought 2.8million dollars SLP
That gaming token is seriously underrated. E go shock a lot of people when moon. Mind you.... I'm holding Long term.

Good one!!! 321k is massive.
It has dipped more than half from my buy price but with this, I am buying more.

4 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 3:01pm On Dec 26, 2021
grin grin grin grin grin grin grin

Mazinewmoney:
Mind you.... I'm holding Long term.

1 Like

Re: Crypto Currency Investors Thread by Mazinewmoney: 3:03pm On Dec 26, 2021
If it drops to 0.28 which I'm seriously fasting and praying it does, I'll add another 5kusd.
DaemoLee:


Good one!!! 321k is massive.
It has dipped more than half from my buy price but with this, I am buying more.

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