Ahh crypto annonymous..
Hi everyone, i’m Ceres and I got into crypto about ten years ago. Back when you had to physically meet some random in a caf and prey you weren't getting sniped by gangsters or the cops. Cough cough silk road cough cough. Around that time a couple of mates got me mining MaxCoin (remember
that?) one night on my old Sony Vaio and I was hooked. Things rapidly progressed from there into increasingly harder tech until actually -somehow – I ended up building my own milkcrate rig from scratch.
Made F-all. think we were mining Darkcoin? HEH, pffft
Anyway... it taught me how PCs work and other fun tech stuff so the hassle was net gain.
Plus, I did wise up eventually and nabbed 4 x BTC for keepsies back @ around $200. Screaming at everyone I knew in 2015 to mortgage the house goddammit –
and did they listen?? Did they ****
Alas. life tanked. got sick, lost job, changed worlds. Had to incrementally spend all my satoshis waay before they fully matured to omg stakes. Hero probably made something like 20x profit overall but obv the trick is to either cash in sharply and reinvest for the inevitable alt pump or cling on like a nutter through destitution until Valhalla. And as I never really had either option I became just another washout like most overinvested poor people.
Cut to 2020, and I've moved on. I have a new life. I used to follow the Monero guy on twitter. Woke up one day and read this ambiguous tweet, something like: 'google how to buy dogecoin thank me later'. Soooo... promptly did what any sane person would do and emptied out the non-existent remains of my non-existent overdraft on a fcuking meme. In fact, I remember it was still quite annoying to buy doggy coin back then. Pre Coinbase.
And that was all just before that last stupid pump. Pre Elon. oof! Swung $500 -> $6000 in about a week. Vindication went to my head like a mf but I soon got pulverised in the wider game after publicly declaring myself ‘an expert ya’ and ‘diversifying’. Went all-in on Cardano (another 4x, am an actual genius at this point) and then, tragically, SOL until I got wiped out like most non bots. Same pattern, every time: incrementally wrecked trying to time exit points and paying Binance commissions.
That’s the real game.
Since then i haven’t been following at all so I have no decent info. Glancing at coinmarketcap it is funny/interesting to see the same top ten still going strong. Seems like the only way to play this pump pump stage is as a fun, slightly informed puntathon with spare change. Unless you get some kind of ridiculous tip that is. Spent hours going through trading videos during the Vid and trying to separate the Fibonaccis from the Fake Satoshis but it’s not very different from the poker ecosystem was my overall impression. 2% get wft lucky, while 5-10% of pros remain so perpetually far ahead without serious energy the chances of getting annihilated are positive to astro.
That said, you certainly can make a reasonable sum from peanuts if you play well and luck out. It’s all bankroll management at the end of the day and professional risk takers will always have innate advantages.
IF you like stress and fear. I knew this unemployed dude who made $200k on some shitcoin pump + dump and bought a house. That’s the way.