Werewolves of POGstreet: Crypto barons crush the market - Page 8

Two Plus Two Forums Sports and Games Puzzles and Other Games

Werewolves of POGstreet: Crypto barons crush the market

Post Reply Subscribe

...

Page 8 of 29

First

3 4 5 6 7 8 9 10 11 12 13 18 28

Last

Page 8 of 29

First

3 4 5 6 7 8 9 10 11 12 13 18 28

Last

05-23-2021 , 02:37 PM

#176

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,686

I shoulda dumped once POG started talking about crypto. Peak froth.

Quote

05-23-2021 , 02:44 PM

#177

Willi

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 41,524

Quote:

Originally Posted by housenuts

I shoulda dumped once POG started talking about crypto. Peak froth.

What crypto you are currently holding?

Quote

05-23-2021 , 02:50 PM

#178

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,686

Quote:

Originally Posted by Willi

What crypto you are currently holding?

Many. But really anyone that asks should only hold BTC. Maybe a bit of ETH too.

Quote

05-23-2021 , 03:05 PM

#179

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

Quote:

Originally Posted by housenuts

I shoulda dumped once POG started talking about crypto. Peak froth.

Quote

05-23-2021 , 03:33 PM

#180

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

Also the chatter about cryptos in POG Pub goes back to at least January, would have been a bad time to sell. The real sign was hundreds if not thousands scam coins getting launched on BSC every day and people blindly thinking they're going to make 100x on any random meme coin. It was also pretty predictable that all of the following would cause price drops: Elon denouncing Bitcoin, China FUD, Binance investigation and Tether news. It's just been a wave of bad news, what can you do?

Quote

05-23-2021 , 05:27 PM

#181

pwnsall

CFBBPC

Join Date: Jun 2006 Posts: 65,613

Buy the dip?

Quote

05-23-2021 , 07:07 PM

#182

filthyvermin

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 60,127

Quote:

Originally Posted by filthyvermin

just sold 55% of my eth at 2170. **** this

i felt like a genius when eth was in the 1700s, but now it's almost back up to where i sold it. i still think it's gonna go down more before it goes back up

Quote:

Originally Posted by Mark_K

I disagree. Always value time average. split into 4 buys over 12 months

And don't do what Filthy does. That strategy is just terrible.

what do i do? i just have eth. smart people say it's gonna go up. idk **** man, i just do what smart people say. that's not bad, right?

i mean ok, i do have more exposure % wise than most people lol, but that's whatever.

Quote

05-24-2021 , 01:16 AM

#183

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,686

If you just have eth, at least get some yield on it.

This is going to be super advanced I assume, but

1) wait till gas is sub 40 gwei
2) put it in your own wallet (if you don't know how to safely secure your own wallet, stop here)
3) deposit it on curve to Seth pool (check other eth pools for higher rewards, but aorn Seth is highest)
4) deposit your curve Seth lp tokens on Convex
5) profit

Quote

05-24-2021 , 02:39 AM

#184

Gabethebabe

Malware Jedi

Join Date: Oct 2007 Posts: 27,387

housenuts speaking in Japanese

Quote

05-24-2021 , 03:47 AM

#185

Willi

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 41,524

I am in. Bought ETH, ADA, BTC and few other. At least one of these has to hit then 10x before end of June.

Quote

05-24-2021 , 09:48 AM

#186

filthyvermin

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 60,127

wow nice timing willi

but as for me, looks like i sold at just about the bottom lol

that's ok. i still have a ton of eth

also willi, it'd be really hard for eth and btc to 10x. their market caps are huge.

at 50k btc's market is about a trillion dollars. eth's market cap right now is like 280 billion

us dollar is around 19 trillion i think. so it's possible for btc and eth to 10x, but it would take a huge global shift on how money works, probably not gonna happen in our lifetime

Quote

05-24-2021 , 10:00 AM

#187

Willi

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 41,524

I know. I was trolling. I do not really expect that return.

I had bit of exposure to Crypto because as a side project I was helping one company with their digital assets accounting. Got little bit of money from that and half of put to Kraken. Just had quick reading and based on that choose some coins that seemed to have some real value or seemed interesting: ETH, ADA, MATIC, LINK, DOT, KSM, XMR, UNI, BTC. Try to avoid pure meme coins. I am aware this is gambling but it is between 1 and 2 percent of my all investments. If it goes well I might invest more. Just trying to see what is going on and get little understanding.

Quote

05-24-2021 , 12:20 PM

#188

Booker Wolfbox

Carpal \'Tunnel

Join Date: Aug 2012 Posts: 38,632

Willi is going to be so rich he'll buy Latvia. For the oil.

Quote

05-24-2021 , 12:34 PM

#189

pwnsall

CFBBPC

Join Date: Jun 2006 Posts: 65,613

Do Estonians and Latvians hate each other or bond over their hatred of Russians?

Quote

05-24-2021 , 04:59 PM

#190

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

Quote

05-25-2021 , 01:35 AM

#191

Mark_K

Fast Food Value KING

Join Date: May 2006 Posts: 28,209

I thought this was pretty cool. Allows you to participate with providing the insurance of payloads for SpaceX rocket launches. Seems like easy money to me. SpaceX is currently raking in 5% premiums from it's customers.

https://www.yahoo.com/finance/news/o...130027502.html

Quote

05-25-2021 , 04:02 PM

#192

Booker Wolfbox

Carpal \'Tunnel

Join Date: Aug 2012 Posts: 38,632

100 to 1 leverage? Holy ****. Now THAT is gambling.

https://www.cnbc.com/2021/05/25/bitc...o-banking.html

Quote

05-25-2021 , 07:56 PM

#193

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

Quote:

Originally Posted by Booker Wolfbox

100 to 1 leverage? Holy ****. Now THAT is gambling.

https://www.cnbc.com/2021/05/25/bitc...o-banking.html

Hmm guess I should sign up to Bitmex.

Quote

05-25-2021 , 08:07 PM

#194

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

https://www.theblockcrypto.com/linke...rm-on-ethereum

GameStop is getting in the NFT game on Ethereum. Also making their own token GME. I think their coin will moon pretty fast considering the cult following they have in r/wallstreetbets. Possibly good news for Ethereum too if their NFT platform will be half decent.

Quote

05-26-2021 , 04:52 PM

#195

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

I knew I should've bought more MATIC at 90 cents. It's almost back to its ATH, what a monster.

Quote

05-26-2021 , 05:20 PM

#196

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

If anyone wants to learn how Proof-of-Work blockchains like Bitcoin work, here's the best YouTube tutorial in two parts:

Quote

05-26-2021 , 05:44 PM

#197

A missread issue

Carpal \'Tunnel

Join Date: Aug 2020 Posts: 6,389

Quote:

Originally Posted by housenuts

I never got into yield farming, because it seems like I would have to put a considerable amount of effort into it as opposed to staking. I get that yield farming has much higher returns, but aren't there a lot of risks involved? Why Curve over other yield farms?

Quote

05-26-2021 , 06:14 PM

#198

filthyvermin

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 60,127

what is staking?

only answer if you feel like it. it's not a big deal

Quote

05-26-2021 , 07:28 PM

#199

Mark_K

Fast Food Value KING

Join Date: May 2006 Posts: 28,209

Quote:

Originally Posted by A missread issue

If anyone wants to learn how Proof-of-Work blockchains like Bitcoin work, here's the best YouTube tutorial in two parts:

[YOUTUBE]_160oMzblY8[YOUTUBE]

[YOUTUBE]xIDL_akeras[YOUTUBE]

Nice! I'm also a big fan of the 3 Blue 1 Brown Bitcoin video.