Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/DripTrip747 on 2023-12-14 12:57:10+00:00.

I've read a lot over the last few years, and yet I still can't say I understand crypto. I want to understand it and get into it more, but for the time being I'm more heavily into stocks.

For those that knew nothing/had trouble understanding about crypto but found a way to make it click, what or where did you learn?

I've had coinbase since I first tried to get into crypto a few years back. I wasn't using it for at least 2 years since then and I remember having a decent amount worth of different coins in there when I logged off last. Well, when I was finally able to get into my account, I found out it all turned to 0. If I remember correctly, I thought I was holding coins for projects I was for sure would grow. Does this mean those projects failed and then caused the coins to drop to 0? I would imagine you don't just lose your stash for not logging in for a year or so, but am I wrong? How does one become confident that their investments won't disappear? I'm more of a pump, set and forget kind of investor. I would like the ability to buy coins with confidence and have them grow.

I know, I could have just bought Bitcoin and called it a day. But if I remember correctly, this was around the time that Bitcoin was hitting it's all time high, and I wasn't confident it was going to go higher and luckily I didn't, because it didn't go higher so I would have lost money regardless.

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The original was posted on /r/cryptocurrency by /u/Justin534 on 2023-12-13 22:18:00+00:00.

Hope none of you mind me tooting my own horn here. But about 9 months ago I made a post and I'm pretty sure its the first time I've ever called a bottom in a market for legitimate reasons.

Don't mind me just giving myself a pat on the back.

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The original was posted on /r/cryptocurrency by /u/cointelegraph1 on 2023-12-14 12:31:33+00:00.

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The original was posted on /r/cryptocurrency by /u/SpaceBrigadeVHS on 2023-12-13 21:24:44+00:00.

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The original was posted on /r/cryptocurrency by /u/derika22 on 2023-12-14 12:13:53+00:00.

We're indeed living in very strange times.

• 1 year ago Jamie Dimon, the CEO of JP Morgan called crypto and BTC a big decentralized ponzi.
• Blackrock's CEO thought the same
• it was decentralized finance at war versus centralized finance aka bAnKs
• the social media platform Facebook's "Libra" to fail

But now we see the complete opposite!!

1. JP Morgan to be bullish on Ethereum! They also have their very own (centralized) blockchain
2. Blackrock will be launching their Spot Bitcoin ETF
3. Several banks to acquire crypto trading license, instead of fighting crypto, banks adopting them!!
4. X (formerly Twitter) to acquire crypto trading license
5. PayPal launching their own stablecoin
6. Many many other crypto adoptions I cannot sum them all up...

How longterm bullish is this?

Honestly, I don't know how this impacts crypto's prices in the shortterm, but we can all clearly see the early stages of real and most importantly silent mass adoption of cryptocurrencies.

Am I too bullish or shouldn't we all be bullish, too?

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-13 21:23:37+00:00.

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2023-12-14 11:52:07+00:00.

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The original was posted on /r/cryptocurrency by /u/LisHere321 on 2023-12-13 21:13:48+00:00.

Unnecessary fear and leverage caused the recent dip, but it now is recovering.

Congratulations to all those daredevils who bought the dip. We will make great fortune and in the bullrun we will be very rich!

Just 1 month left until the BTC Spot ETF to be approved. And analysts think that FED chair J.Powell will pivot early 2024...this combined with the BTC halving taking place in April 2024 + US presidential elections will pump the whole stock market and especially the crypto market very hard!!

Nobody expected the bullrun 2021 to be that strong (except for a certain youtuber who still believes on his overestimation of 100k 2021).

But nobody can imagine the massive size of the bullrun in 2024/2025. It will be very huge, so incredibly big, so that everyone who invested in crypto will become wealthy.

We're basically on the verge of the next crypto bullmarket/ bullrun.

There is no better time to invest in crypto other than now. It will be the biggest bullrun in human history (>>pro tip: institutional money will go into crypto!!!)

In 2020 I ignored crypto, it was my biggest mistake and my biggest regret. Don't be me! I've learnt my lesson and am now fully into crypto. Ready to become rich. Everyone deserves this once in a life time opportunity to become wealthy!

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The original was posted on /r/cryptocurrency by /u/TCr0wn on 2023-12-13 18:28:45+00:00.

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The original was posted on /r/cryptocurrency by /u/zanglang on 2023-12-14 10:30:45+00:00.

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The original was posted on /r/cryptocurrency by /u/TheGuinnessGuzzler on 2023-12-13 17:03:06+00:00.

I have used Gemini for about the last year as a place to buy, occasionally sell crypto and short term storage of smaller amounts. They’ve been pretty easy to work with until last month. I bought some ETH and tried to transfer it off the exchange as normal. They blocked me from doing so this time and send an email with some requested information. I provided all the requested information and have not heard back from them. This was the first week or two in November. I have tried to send again and it’s still blocking me from doing so. I have tried writing to them another 7-8 times and they are not responding.

I believe this to be shitty customer service, but with all the exchanges that went down over the last couple years I thought it was worth sharing as it would seem to be a very poor choice to block a user from getting self-custody of their assets with the history of things in our space.

It’s not a particularly large amount but wanted to put it out there incase others have had any issue

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The original was posted on /r/cryptocurrency by /u/JohnTitorAlt on 2023-12-14 09:34:40+00:00.

With all the recent regulations passed in the US along with all the insolvent exchanges, will it affect extreme volatility? There were so many damn options last cycle.

The massive sell offs and rapid green dildos aren't from retail spot buying/selling and are a result of massive liquidations. Then its cascading stop losses.

I know there's still dexes out there and the US isn't the entire world, but a lot of easily accessible forms of leverage trading are all gone. It has to have an affect on the volume of degen trading. Where are people doing their 100x leverage trades? I only used kucoin in the past and now it's completely shut off to us residents and other countries require KYC meaning less use it. I believe bybit, Celsius and ftx were all big players in the degen trading last cycle as well.

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-13 16:24:09+00:00.

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The original was posted on /r/cryptocurrency by /u/mygallows on 2023-12-14 08:39:33+00:00.

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The original was posted on /r/cryptocurrency by /u/rsicher1 on 2023-12-14 00:06:46+00:00.

Received an email from Gemini today about voting on the Genesis chapter 11 plan.

Unfortunately, the plan is 373 pages long and very, very complex. No way I'm going to be able to read or understand all of it by the voting deadline (Jan 10).

The FAQs are somewhat helpful, but not sure how to best proceed here.

Maybe I should take the plan to a lawyer for review?

Anyone else get this today? Thoughts? What's your plan?

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The original was posted on /r/cryptocurrency by /u/raqopawyn on 2023-12-14 05:34:22+00:00.

I have been DCAing for the last couple of years. This includes the last big bullrun we had. I plan to use a small percentage of my portfolio to DCA out and take profits using various tools to take better advantage of this coming bullrun....whenever it may be.

My plan is to come back in at a lower price with the profits I made. I will be happy if I can scale out at 67% or above this bullruns top.

The problem is that I do NOT want to hold on to the cash that may lose its value while waiting. The profits(if all goes well, which is not always the case) will also not be enough for a small apartment. I am thinking of Gold EFTs but the little I know i got from VP(No Nonsense Forex). Anyone got some good ideas?

Thanks.

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The original was posted on /r/cryptocurrency by /u/raqopawyn on 2023-12-14 05:34:22+00:00.

I have been DCAing for the last couple of years. This includes the last big bullrun we had. I plan to use a small percentage of my portfolio to DCA out and take profits using various tools to take better advantage of this coming bullrun....whenever it may be.

My plan is to come back in at a lower price with the profits I made. I will be happy if I can scale out at 67% or above this bullruns top.

The problem is that I do NOT want to hold on to the cash that may lose its value while waiting. The profits(if all goes well, which is not always the case) will also not be enough for a small apartment. I am thinking of Gold EFTs but the little I know i got from VP(No Nonsense Forex). Anyone got some good ideas?

Thanks.

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2023-12-14 04:09:28+00:00.

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2023-12-14 04:09:28+00:00.

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The original was posted on /r/cryptocurrency by /u/fap_fap_fap_fapper on 2023-12-14 01:02:25+00:00.

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The original was posted on /r/cryptocurrency by /u/fap_fap_fap_fapper on 2023-12-14 01:02:25+00:00.

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The original was posted on /r/cryptocurrency by /u/AmomentInEternity on 2023-12-14 00:08:39+00:00.

Help with mindset on orking/trading?

Ever since doing some day trading, working my instacart job has become so nebulous with the amounts I earn. It’s like I make 1000$, lose $300 in 10 minutes. I can wake up, make a bad trade, lose 300$, the go to work for 6 hours to make 100$. Like I said it all becomes nebulous. Anyone have any input would be great.

Also I can be up up 1000 total but if my last trade was - it feels like I lost something even though I’m up overall. Weird

I kind of already know my advice / answers to myself, I’m curious what others have to say tho if anything

Does anyone else feel the same? Have strategies for thinking on this? Feel free to share that would be awesome

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The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-14 00:00:39+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

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The original was posted on /r/cryptocurrency by /u/The_kind_potato on 2023-12-13 23:37:13+00:00.

Hi, i'll start by presenting my self as a newby, i'm "in crypto" since almost 2y (beginning of the bear) and tried (and still try) to learn as much as i can in the optic of not being rekt too fast in the next bull.

I just wanted to open a lil topic about the tools we use to follow the market/found new project/ etc...

Cause obviously everyone here use either CoinGecko or CoinMarketCap

But is everyone using (for exemple)

-Coin360 -TradingView -Kingfisher.io

Or others tool, and how do you use them efficiently ?

(Same if you are into Technical analysis, is there some indicators you prefer the most and how are you using them ?)

I think that some of us could share some tip and tools they use frequently and we could all benefit from it !

Might all your wallet reach the moon, Amicaly - The Kind Potato

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The original was posted on /r/cryptocurrency by /u/GunnDawg on 2023-12-13 22:46:57+00:00.

I know there will always be someone who was able to buy cheaper, sooner, earlier, than you could. Reading people on here buying in at 20k(BTC) and sitting on it waiting for the big show almost makes me sick to think as a new comer DCA 'ing in monthly up here in the 40's, that I'm way too late or something. I know it's all relative and when/if its in the 60k+ plus range my "start" at 40k will then probably feel a lot better but dang. I feel so late or something just now building my BTC/ETH portfolio. I'm still planning on buying monthly, it's just hard to with the thought that I'm too late to get in on any meaningful profits. Meaningful may also be relative, I know. Sorry. Just looking for some validation or something. Trying to find the right mindset.