/biz/ - Business & Finance

>>25668024
Why the monero?

>>25668024
why STX and CKB
What is your thesis
ans impressiv man! congratz

>>25668039
Good question. Becoming less of an XMR maxi by the day. It still has a moat on anonymity set (for now) and most decentralized mining algo for whatever that’s worth.

>>25668146
What was your biggest jump in net wealth? Define jump however it tells the best story. Also, answer the one question you were hoping someone would ask but probably won't get to.

>>25668124
STX is a hedge against etherum plus it’s the only thing you can stake to get real BTC.

ADA is a hedge against proof of work in general although I think long term it’s the only way plus there’s no way and hell it isn’t going to moon while we find out.

CKB is a hedge against everything, it’s like Ethereum for bitcoin maxis plus it’s probably the most undervalued platform coin.

>>25668146
Extremely bullish on Monero.

Banning it just makes it more bullish IMO.

US war on drugs is precedent. XMR either goes to ~0 or moons to 10k a coin. There's no inbetween.

>>25668024
How many shitcoins did you flip to reach 500k?

>>25668340
I was thinking the exact same thing, though more than likely, it'll jump to 10k before trickling down to near worthless.

>>25668337
short and clear
Thank you!

>>25668206

Just ETH in general, started buying from day one, losses tens of millions by not just HODLing it tho. BTC obviously. Caught a piece of STA caught a piece of LINK. I’m not a big risk taker really only invest in things I’m positive will gain SOME value.

>>25668459
What are your thoughts on DOT and Trac in general? Their team is solid and they're good on their fundamentals, it seems like a great long hodl

>>25668340
Monero may have first mover advantage for Anonymity Set but ZCash has first mover for getting in an SEC approved exchange, LTC and BCH have way more users and are about to drop their privacy, Layer 2s are going to potentially bring privacy to everything in general. Not saying it’s tanking I’m saying I’m skeptical, I’ve been as high as 15% XMR.

>>25668459
How long you in this market ?

>>25668357
I used to buy a lot of tickets and I think that is probably best at a smaller cap but mostly just time in the market not to be a meme.

>>25668533
Don’t know trac DOT seems like a fine project and I think if you liked it better you could use it in your proof of work hedge slot but I feel a lot more confident in ADA.

>>25668588
Not that long as some, 2016.

>>25668689
Nice!
Do you have thoughts on Arweave maybe?

>>25668652
This is the most level headed advice I've ever recieved on DOT and it's protocols, I genuinely appreciate it.

Blue chips have been doing better than shitcoins and are immensely less risky. Used to be bullish af on altcoins but it doesn’t seem worth it anymore. Guess I’m not poor anymore when I don’t need to gamble for a rare 1000x when an almost certain 10x will be enough.

/What are some blue chips you like? XLM? NANO?

>>25669666
you might be too Indian to know this but thats not what bluechip means

>>25668024
How much did you put in?

can you explain then?

>>25668024
>started with 2k
Nice. Hope you are keeping track of all your trades for taxes

>>25670062
nope. 100% clean everything done piecemeal thru non KYC exchange via TOR over VPN. every fiat entry done thru local bitcoins mail-in cash. it's so worth it.

https://www.youtube.com/watch?v=N7Wami6CJiA

>>25670168
How do you plan on cash out?

>>25670021
>25670062
https://lmgtfy.app/?q=what+does+%22blue+chip%22+mean

>>25670168
Be honest anon, have you ever held link or think that it's a good project?
t.10k link

>>25670220
ideally by then ZOG will be expelled and civilization is restored or if not probably switzerland or singapore.

>>25670254
yup sold at ~16 in august

If you need to ask..

NICE.

>>25668024
Where do you see markets in general in two months? Will alts wrestle some dominance away from bitcoin? Will ETH ever be 0.1 btc again? Spot vs margin, do you use leverage often?
>pic unrelated

>>25670784
never use leverage I trade as infrequently as possible, it's the only defence against the Bog. No idea what the markets are doing but I have more faith in crypto than fiat more than ever so I'm not panic selling any time soon.

>>25668024
Thanks for giving me hope that even retards like you with a bunch of absolute shitcoins can /make it/

>>25668024
>CKB
based

>>25668024
sell to close: ETH, STX, CKB, BCH, XMR
buy to open: SNX, SOL

>>25670859
Thoughts on crypto-backed loans? I'm in 6 figure hell as well, never had much success in altspace but recently I took out loans on blockfi and just bought more bitcoin with it, seems working so far.

Where are you getting crypto loans??

Is $40k the short term top?

>>25670988
extremely interesting, if we get to the point where we can do some kind of non-custodial crypto backed loans where you can still trade around your crypto collateral that would next level. am watching closely would be much prefered if I could do this vs cash out for a house.

>>25671144
click the post number you stinky jeet otherwise nobody knows who you are replying to

>>25671205
no idea probably not. I'm not anywhere near as exposed to BTC as alot of people I lose a lot of gains from this but I like feeling that no matter where the industry goes I'm going to get a major piece of it hence all the weird hedges.

how do you guys keep 100% of your portfolio in crypto? to me youre so exposed to big losses that way. speaking as someone with 1.2m made on crypto.

>>25668024
Should have gotten some $TON....its pumping along with eth as the biggest L2 project out there