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2101
 
 
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The original was posted on /r/cryptocurrency by /u/magnusq8 on 2023-12-10 18:42:33+00:00.


It's gonna be a long one with hopefully a TL;DR at the bottom. Also sorry if im phrasing badly or in a horrible way, English isn't my first language.

Ok so I've been on crypto for many years, since 2017 or so, and trading it has always been easy since I was studying in EU and I could immediately withdraw to my bank account. However, I graduated and moved back to my homecountry in the middle east and there's absolutely no support towards cryptocurrency so the only way to trade it here is through P2P or some shady website with massive fees.

Anyways, I acculmulated 45k+ USDT and I wanted to cashout, and the safest way is on binance P2P since it's the biggest website here in the middle east and a lot of people use it regularly. And the main way we trade is through P2P here and our communications mostly are through Whatsapp so all my convos are going to be there.

I look up the "Trusted Merchants" and start sending them requests to no avail, as they are all not responding within time. Until I reach this guy, and I start up the convo (in whatsapp) with him (paraphrased from arabic) "Hi, I've opened an order to sell you USDT" and the guy goes there to cancel the order and sends me another link of paying 45k+ USDT to his account, now yes, I realized he closed it but thought it's simpler and faster this way maybe? Like there's no way a "trusted merchant" on one of the biggest crypto websites scams me right?

Anyways I pay him and send him screenshot of the payment going through to his account and the guy says "let me check" and goes to send me a screenshot of his Spot Profile having $1.89 worth of BNB in it saying "I didn't receive anything". My first thought goes into telling him "wait did you send me a link to the same account?", I was pretty sure it was his account that I read and paid. So I double check again in my payment history to see that I actually sent him the amount and i did. so I look up in our convo to click on the link that he sent to double check it was his account and... the message was EDITED into "Okay, please open up an order"....

I try bit with him and he starts to deny everything, that he never sent me a link before, he doesn't recognize the link (I opened my internet history and posted the link that he edited out) and that now that I am trying to scam him.

After that I headed immediately to the customer support and contacted them with everything that happened and they at the end they told me this:

"rest assured, we have taken proper measures and froze his available assets so he can refund you"

"If he/she doesn't refund you in 7 days, please make sure to start a new chat and provide the agent with our case id case ID XXXXXXXXX, so we can follow your case and move forward with it to help you with the assets, we will elevate the case so our higher up team can give us an alternative solution"

So I tell that guy what the customer support tells me about freezing his assets and having a week to cooperate and pay me and he responds with "You really wanna scam me?! Unfreeze my right account now" and i tell him that he has a week and he goes "Customer support will see that I have done nothing wrong and unfreeze my account"

I talked to the customer support some time after that I am taking Legal action and they encouraged me to do that and provide them with all paperwork that happens.

Fast forward 1 week, I contact customer support and in TLDR they told me "Please take matters into legal authority and once all is set we will take proper action" and I lost it right there, like, I was promised a week and you'd do something and all you did was telling me what I already am doing? So the customer support escalates it to another higher up, and the higher up asks for every evidence that i have and they took their time to translate as the messages were in Arabic. Ending up saying "Okay we see the bigger picture, the guy is a bad actor and i assure you we see that you are the victim here, but we cannot do anything about it until legal action is taken" leaving me with absolutely 0 help.

and the more annoying part is that the "Frozen assets" is not the scammers Trading account or his overall account as I can literally see his profile in P2P list of sellers and his money is changing every couple days, and when i ask customer support about it they respond to me with "He's a trusted seller we can't freeze his trading profile"... Really? even after telling me a minute ago that I was the victim here and you see the scam that happened?

Now as for legal matter, I went immediately (1st day the scam happened) for the Cyber Crime which is a part of police workforce in our country and they told me since the Scam had already happened then your option is heading to prosecute him, which is why i hired a lawyer. And it will take up anywhere between 6-24 months to finish our case and by that time... most likely ETFs are approved and bullrun is nearing the end leaving me with absolutely 0 profits and on top of delaying the paying debts that i own.

TL;DR: "Trusted merchant" scams me through Binance > Customer support promises that they froze his assets and will take action if he doesn't cooperate within a week > Week passes > Customer support tells me to go take legal action against him and provide them with papers > customer support takes a deeper look into our entire conversation that happened and concluded that the guy was scammer but can't just send me the money back without law enforcements > The guy is still trading P2P as "Trusted Merchant" despite his "Frozen assets" and scam > Legal action needs 6-24 months.

I'm at a complete loss, i have no idea what to do i legit can't sleep at all, case is costing money and that guy is most likely gonna use my money to hire a lawyer against me while i have to take out a loan.

I feel utterly defeated and helpless in this situation, i don't know i dont know

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The original was posted on /r/cryptocurrency by /u/GunnDawg on 2023-12-10 18:21:26+00:00.


So I'm about a week into my crypto journey. Not super invested yet as I'm feeling my way around the market, the CEX, the different cold storages, etc, etc. Just learning as I go. I've learned that using Kraken Pro is the cheaper way to DCA in as you use lower fees than the instant buy I've been using. My question is do you need to do a bank deposit in order to use Kraken Pro? No debit card purchases like I've been doing? Assuming that's the case then how long do bank transfers typically take?

Follow up question. When I decide down the road I want to pull money out. What is the difference between the Kraken "Sell" option and the "Convert" option? If I "Sell" then I imagine it puts that amount in my Kraken account as USD, right? Doesn't convert do the same thing? Convert your BTC into USD? I guess the TLDR for this one is "What is the best way to convert BTC or ETH to USD within Kraken, when I decide I need to?"

Thank you folks. Been a fun week long journey so far. Lots to learn, and loving it so far!

FWIW: I'm going for a DCA strategy, putting in monthly, as opposed to day trading. Not sure if that matters. Maybe just straight debit card purchases are best for DCA?

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The original was posted on /r/cryptocurrency by /u/BriBumer on 2023-12-10 18:19:37+00:00.


Some years ago I found out about TheSandBoxGame....

When SAND was less than 0,05$ i wrote about it in some websites...

Mostly the people balmed me like: Nobody cares for Blockchaingames...

Most of you know, that the people which blamed me, missed big Sand run from 0,05$ to over 8$....

This time I have this two games in my target.

Illuvium everybody knows whos activly inside the Ethereum Ecosystem.

Cornucopias is built on Cardano. Thats why less people know it.

But, the Cornucopias (COPI token) can be traded with ADA and also with ETH on Uniswap!

In my opinion both projects could become high traffic blockchain games:

Attached are both Websites and the ETH token contracts:

0x767FE9EDC9E0dF98E07454847909b5E959D7ca0E

ILV current MarketCap (according to Coingecko): over 650$ Million

0x42Baf1f659D765C65ADE5BB7E08eb2C680360d9d

COPI current MarketCap (according to Coingecko): over 80$ Million

Form your own opinion about both games!

Ofc. there are many differences between all three games. But as a gamer, for me TheSandBoxGame was the start for the Blockchaingaming epoch! Illuvium and Cornucopias are the evolutions of it.

What are your thoughts about Blockchaingaming? What do you think about this both projects. Yeah, Illuvium is just in beta and Corncucopias is just in alpha. Its hard to compare gameplay on a proper way.

But if you realy do some research, both games are looking great (At least on the papers and on the first youtube videos)....

Like allways: Everything is just my own opinion. This is NOT a financial advice. Everybody is resposible for their own decisions!

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The original was posted on /r/cryptocurrency by /u/indigo_nakamoto on 2023-12-10 17:35:34+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-10 16:11:46+00:00.

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The original was posted on /r/cryptocurrency by /u/spontainless2 on 2023-12-10 15:46:31+00:00.


So i have SpaceMine (Mine) coins on Bitttex and they are on ERC20 network. Since bitttex is closing i have a chance to move my coins elsewhere.

There are currently only 2 exchanges with Mine coins - Gate.io and HTX. Both are accepting only BSC or BEP network coins.

What are my options, can i convert them to BEP or BSC, and how can i do it? Or should i just forget that, i have anything left on bittrex?

Im offering 5% reward of my whole stack to anyone who helps me with this. Im not responding on dms so dont even try.

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The original was posted on /r/cryptocurrency by /u/AESIRofficial on 2023-12-10 15:21:04+00:00.


2024 is shaping up to be a really interesting year for cryptocurrency markets. The increased volatility we've seen in the last couple of months also opens the doors to significant trading opportunities. Fully aware trading tends to be a touchy subject here but we cannot ignore the fact that this is how the vast majority of the market will react, once volatility makes it worthwhile to speculate on swing, or day trading again.

Understanding the kind of speculation that is going to take place, and the market swings that will come with it is going to make it easier to cope with the inevitable roller-coasters that we will be seeing.

What's more - 2024 is most likely going to see a much higher degree of trade automation via trading bots, so the strategies below can be applied to both manual or automated trading. Ok let's go -

Moving averages (SMA and EMA) Strategies

SMA and Exponential Moving Average (EMA) are two foundational moving average strategies that are popular in many crypto trading bot strategies.

Simple Moving Average

Simple Moving Average (SMA) calculates the average price of a cryptocurrency over a predetermined period. For instance, a 20-day SMA will add up the closing prices of the last 20 days and divide it by 20. This method provides a smoothed price trend over time, helping traders identify long-term market directions. SMA is particularly useful in a trading bot as it can automate the process of identifying trends and executing trades based on predetermined SMA criteria.

Exponential Moving Average (EMA)

EMA on the other hand, functions similarly to SMA but assigns greater importance to recent price data. This makes EMA more responsive to recent price changes, which can be critical in the highly volatile crypto markets. For crypto trading bots, EMA can be an essential tool for short-term trading strategies, as it can quickly adapt to rapid price movements and trigger timely trade decisions.

Both SMA and EMA cand be useful indicators in developing effective crypto trading bot strategies. They can be used individually or combined to create more complex trading signals. For example, a common strategy is to use a short-term EMA (like 10-day EMA) and a long-term EMA (like 50-day EMA) in conjunction; a trading bot might be programmed to buy when the short-term EMA crosses above the long-term EMA and sell when it crosses below. This is known as a moving average crossover strategy.

Relative Strength Index (RSI) Strategies

The Relative Strength Index (RSI) is a pivotal momentum indicator commonly used in trading across a wide range of asset classes. It evaluates the speed and change of price movements, providing insights into overbought or oversold conditions in the market.

RSI Trade Signals

Crypto trading bot strategies can be programmed to use RSI thresholds to automate trade decisions. For instance, a bot might be set to initiate a buy order when the RSI falls below 30, capitalizing on the potential for a market rebound. Similarly, selling or shorting opportunities might be triggered when the RSI exceeds 70, anticipating a possible market downturn.

Divergence Strategies

Besides the basic overbought and oversold signals, crypto trading bots can also be programmed to identify divergences between RSI and price movements. A bullish divergence occurs when the price records a lower low, but the RSI forms a higher low, suggesting weakening downward momentum. Conversely, a bearish divergence happens when the price hits a higher high while the RSI records a lower high, indicating weakening upward momentum. These divergences can provide early signals for potential trend reversals, offering strategic entry and exit points for the trading bots.

Moving Average Convergence Divergence (MACD) Strategies

Signal Line Crossovers

One of the primary MACD-based strategies involves signal line crossovers. The MACD line is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The signal line, typically a 9-period EMA of the MACD line, acts as a trigger for buy and sell signals. A crypto trading bot can be programmed to identify a bullish signal when the MACD crosses above its signal line, indicating a potential buying opportunity. Conversely, a bearish signal is indicated when the MACD crosses below the signal line, suggesting a selling or shorting opportunity.

Divergence Detection

Another crucial aspect of the MACD strategy is divergence detection. Divergence occurs when the MACD indicator does not align with the price action of the cryptocurrency. A bullish divergence, where the price records a lower low while the MACD posts a higher low, can suggest an upcoming price increase. On the other hand, a bearish divergence occurs when the price hits a higher high, but the MACD forms a lower high, potentially signaling a price decline. These divergence signals can be critical for a trading bot to anticipate and act on potential trend reversals.

Zero Crosses

Besides signal line crossovers and divergence, MACD zero crosses are also vital. A zero cross occurs when the MACD line crosses above or below the zero line, which can signal a change in momentum. A cross above zero can be interpreted as bullish, while a cross below zero might be seen as bearish. Bots can use these signals to adjust their trading positions accordingly.

Bollinger Band Strategies

Bollinger Bands are a popular technical analysis tool used in many trading strategies, including cryptocurrency. They consist of three lines: a moving average (middle band) and two standard deviation lines (upper and lower bands) plotted on either side of the moving average. These bands expand and contract based on market volatility and are used to analyze market conditions and identify potential trading opportunities.

Market Volatility Analysis Using Bollinger Bands

When the bands widen, it indicates an increase in volatility, and when they contract, it suggests a decrease. A common strategy is for a trading bot here would be to sell when the price touches or breaches the upper Bollinger Band, which is often interpreted as the asset being overbought. Conversely, the bot might initiate a buy order when the price touches the lower band, suggesting the asset is oversold.

BBands Mean Reversion Trades

Crypto trading bot strategies may also use Bollinger Bands for mean reversion strategies. When the price deviates significantly from the middle band (the moving average), it’s expected to revert back. Bots can be programmed to trade on this reversion.

BBands Trend Following

In a strong trending market, prices may consistently touch or move outside the bands. Bots can (and in a trending market they most definitely will) use this as a trend-following signal, buying in uptrends when prices are near the lower band and selling in downtrends when prices approach the upper band.

BBands Breakout Signals

A narrowing of the bands often precedes a period of high volatility, suggesting an impending breakout. Trading bots can use this signal to position themselves for a potential large move in either direction.

Fibonacci Retracement Strategies

Fibo retracement is a popular technical indicator in financial markets due to the consistency of its signals. It uses “levels” in the Fibonacci sequence, discovered mathematician Leonardo Pisano in the 13th century.

These strategies rely on leveraging the Fibonacci number sequence to identify potential support and resistance levels. This strategy can be particularly effective in volatile markets like cryptocurrencies, where traditional support and resistance levels may be less reliable.

Identifying Key Levels

Fibonacci retracement levels are used to pinpoint potential reversal points in the market. These levels are percentages derived from the Fibonacci sequence, typically including 23.6%, 38.2%, 50% and 61.8%. Note that the 50% level is not a Fibonacci number, but traders use it because of the tendency of asset prices to continue in a particular direction upon reaching the 50% retracement.

The idea is that after a significant price movement, the market will often retrace or reverse a portion of that move before continuing in the original direction. Trading Bots can be programmed to recognize these key levels, which are often observed as areas where the price may stall or reverse.

Strategic Trade Placement

Bots can capitalize on Fibonacci retracement by placing trades at or near these critical levels. For instance, if a cryptocurrency’s price has risen significantly, a bot might set a buy order at the 38.2% retracement level, anticipating that the price will rebound at this point. Conversely, sell orders might be placed at higher retracement levels during a downtrend, anticipating resistance and a potential downward reversal.

Fibonacci Divergence

Beyond the basic use of Fibonacci levels, trading bots can also be programmed to detect divergences between price action and Fibonacci retracement levels. This technique, known as Fibonacci divergence, involves identifying discrepancies between price trends and the expected support and resistance levels as per Fibonacci retracement. For example, ...


Content cut off. Read original on https://www.reddit.com/r/CryptoCurrency/comments/18f5u1v/top_10_crypto_trading_bot_strategies_that_will/

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The original was posted on /r/cryptocurrency by /u/clean_cut89 on 2023-12-10 14:48:13+00:00.


More bulls or parade, feels more and more like a bull trap with every hype article.

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The original was posted on /r/cryptocurrency by /u/clean_cut89 on 2023-12-10 14:48:13+00:00.


More bulls or parade, feels more and more like a bull trap with every hype article.

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The original was posted on /r/cryptocurrency by /u/cdnkevin on 2023-12-10 13:35:44+00:00.


Just as the title says, as we round down the year and close a chapter on a busy year for hacks and scams, what do you all use?

I’m not really interested in stamping a password into metal, etc. because I was hoping to use some type of program to store it all (crypto, email, etc.). Of course, the downside to using a program is it could lose functionality at any time and whatever you stored could also be compromised if some actor gained access to the data help by said company.

  • Is the best way to print it out on a sheet, laminate it, and stick it in a fire and water proof safe?
  • What has worked well for you all or been a terrible idea?
  • Aside from setting up 2FA for everything, and separating crypto information from readily accessible information about you (eg. don’t use the same password and email for your crypto that may exist on the dark web, etc.) what do you do to keep yourself safe?
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The original was posted on /r/cryptocurrency by /u/cdnkevin on 2023-12-10 13:35:44+00:00.


Just as the title says, as we round down the year and close a chapter on a busy year for hacks and scams, what do you all use?

I’m not really interested in stamping a password into metal, etc. because I was hoping to use some type of program to store it all (crypto, email, etc.). Of course, the downside to using a program is it could lose functionality at any time and whatever you stored could also be compromised if some actor gained access to the data help by said company.

  • Is the best way to print it out on a sheet, laminate it, and stick it in a fire and water proof safe?
  • What has worked well for you all or been a terrible idea?
  • Aside from setting up 2FA for everything, and separating crypto information from readily accessible information about you (eg. don’t use the same password and email for your crypto that may exist on the dark web, etc.) what do you do to keep yourself safe?
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The original was posted on /r/cryptocurrency by /u/Kontikulus on 2023-12-10 13:15:24+00:00.


If you are compelled to advertise your favourite coins everywhere and anytime, you do not really believe in what you are holding and just hope that enough people will get duped into buying in so you can sell. Every crypto I hold, I am comfortable holding for the next 10 years. I believe that they will find their niche and thrive. Maybe I am wrong, but at least I have a reason beyond "many stupid people will buy coin and I dump on them". If people ask, I will explain my reasoning to them, but in no way I feel that me running around and making unpaid promotion will help in any meaningful way. If you think that your "To the moon!! 🚀 🌝" posts are needed, you will never be content with your decision and it will mentally wreck you.

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The original was posted on /r/cryptocurrency by /u/Kontikulus on 2023-12-10 13:15:24+00:00.


If you are compelled to advertise your favourite coins everywhere and anytime, you do not really believe in what you are holding and just hope that enough people will get duped into buying in so you can sell. Every crypto I hold, I am comfortable holding for the next 10 years. I believe that they will find their niche and thrive. Maybe I am wrong, but at least I have a reason beyond "many stupid people will buy coin and I dump on them". If people ask, I will explain my reasoning to them, but in no way I feel that me running around and making unpaid promotion will help in any meaningful way. If you think that your "To the moon!! 🚀 🌝" posts are needed, you will never be content with your decision and it will mentally wreck you.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-10 12:59:28+00:00.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-10 12:59:28+00:00.

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The original was posted on /r/cryptocurrency by /u/Gjors on 2023-12-10 12:16:56+00:00.


I'm in search of a comprehensive tool or website that can effectively track the latest trends in the crypto world, specifically focusing on altcoins. The ideal platform should offer insights into which crypto projects are garnering significant attention and creating buzz across various social media platforms and search engines. It should be able to quantify and compare the hype around different cryptocurrencies, not just by tracking tweets or Google searches but by aggregating data from multiple sources. This tool would be invaluable for understanding market dynamics and identifying rising stars in the crypto space. Recommendations for a user-friendly and reliable crypto trend tracker would be greatly appreciated.

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The original was posted on /r/cryptocurrency by /u/Gjors on 2023-12-10 12:16:56+00:00.


I'm in search of a comprehensive tool or website that can effectively track the latest trends in the crypto world, specifically focusing on altcoins. The ideal platform should offer insights into which crypto projects are garnering significant attention and creating buzz across various social media platforms and search engines. It should be able to quantify and compare the hype around different cryptocurrencies, not just by tracking tweets or Google searches but by aggregating data from multiple sources. This tool would be invaluable for understanding market dynamics and identifying rising stars in the crypto space. Recommendations for a user-friendly and reliable crypto trend tracker would be greatly appreciated.

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The original was posted on /r/cryptocurrency by /u/d_justin on 2023-12-10 11:37:23+00:00.


Now I know that most of the people here are expecting Bitcoin, ETH and a lot of credible alts to skyrocket soon especially with the halving so near, but I'd like to pose a question that I hope some of you may have a decent answer to. To be clear, Overall I believe in the asset class long term.

QUESTION: Where is the money coming from?

From my limited point of view, the US is in deficit spending due to providing financial support to 2 wars, the EU is more or less in a recession due to the massive increased cost of energy for production, the UK with poor projected GDP growth, and China that is currently with their real estate problems and poor re-opening.

Credit card debt is on the rise, student loan debts in the US has started to be collected this year, Car loan repossessions are on the rise, Mortgage rates have increased. Cost of living went up significantly.

So again, where is the money coming from or going to come from? It can't be just because of the potential ETF right?

* yes, I missed the bottom due to attempting to pay off my debts.

** yes, I'm waiting for a retracement.

*** I do believe the asset class for the long term, maybe I'm just still in the state of disbelief(see psychology of a market cycle)

Thanks in advance

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The original was posted on /r/cryptocurrency by /u/C677TT on 2023-12-10 11:59:44+00:00.


They added this in a document a couple of days ago:

“Any enforcement action by the SEC or a state securities regulator asserting that Bitcoin is a security, or a court decision, to that effect would be expected to have an immediate material adverse impact on the trading value of Bitcoin, as well as the Shares. […] If a digital asset is determined or asserted to be a security, it is likely to become difficult or impossible for the digital asset to be traded, cleared or custodied in the United States […]. "

Source:

So, how bad is it?

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2023-12-10 09:56:08+00:00.

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2023-12-10 09:54:35+00:00.

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2023-12-10 09:53:05+00:00.

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The original was posted on /r/cryptocurrency by /u/umba_it on 2023-12-10 09:14:23+00:00.


I swapped my moons to eth on the nova chain using the RCP swap. Then i was trying to bridge them to the mainnet but i wasn't able to pay gas fees because i don't have any mainnet-eth on my wallet.

I've tried to send them directly to binance using the arbitrium one chain but they never arrive.

I've tried to contact the binance support but they didn't find the transaction on arbitrium one and there is no way to attach a text messagge in order to say the correct chain

Are they gone or there is a way to recover them?

here the transaction

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The original was posted on /r/cryptocurrency by /u/Blocks_and_Chains on 2023-12-10 08:45:14+00:00.

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The original was posted on /r/cryptocurrency by /u/LaCaipirinha on 2023-12-10 07:19:30+00:00.


Since getting into crypto I have been solely focused on figured out which projects go 20-100x in a bull run, as far as I'm concerned that's the only way I'm making life changing money in this market without near full time trading. I'm talking 5-50m mcap coins that hit the CMC top 100 - it happens every cycle and there must be some way of increasing your odds of picking such a winner.

I remember meet a guy who was very early on Doge, came to know a lot of the early team personally, but bought the dream and held his bag too long and lost almost all of his immense immense gains. I have done similar myself. He spent months post-morteming his mistakes and came to this conclusion:

More important than anything in figured out which projects will go 100x is not utility or partnerships etc. but identifying the behaviour of it's insiders and market makers. Any new project with any kind of pedigree and seed funding has market makers who pretty much will decide where that project goes. Some they seem to be short term P&Ds, some they consider to be range bound suppliers for their liquidity mining bots, and then a select few they accumulate for future pumps.

There seems to be a few things in common with a lot of the top 100 and that is that they went through long periods of flatlining price action, sometimes for years, after an initial P&D. Rather than just being a product of bear markets, this guy claimed that by looking on chain, usually requiring services that cost thousands of even tens of thousands per year that near enough no retail investors bother to use, instead focusing on TA which is nearly irrelevant for such small projects, you can see that a handful of market makers are usually keeping the price of these chosen project range bound or even dumping them whilst siphoning off supply and accumulating over years.

These big boys will NOT buy 10% of the supply over a month when they hear some exciting news, that's retail behaviour, they spend years and time this activity around the market cycle.

I used some of his principles to pick a few projects at the end of the last bull run. I picked very well but failed to take profits during their initial P&Ds, and since then have been watching them remain range bound during the bear, never dropping to zero and always maintaining pretty good volume, but never being allowed to pump, not even with the market.

Long story short I am starting to doubt my entire philosophy now that the bull is coming. Maybe this is all delusional and just convinces you to bag hold and ignore the hot new projects that will actually explode in a bull market? Then again maybe that's what we are supposed to do.. give up hope, hand over our bags to market makers at a discounts nd watch as they finally allow them to pump into favourable market conditions when he time comes?

Any thoughts?

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