/biz/ - Business & Finance

>>53466336
No pictured: a $250k defi short position on USDT (Costs me ~5% apy stable)

>bear market rally
>+43.9% 1 month
>not taking profits

Yeah, im thinking youre semi-old fag who just hasn't learn to take profits.

>>53466336
If you've been through 2 bear markets, you shouldn't be here anymore.

>>53466352
Not pictured: I paid my 5-years of unreported crypto taxes and cashed out $300k last year when avax crashed to $90 bitcoin to $50k/btc.
This folio is what’s left

>>53466359
He didnt take profits and swing obvious bear rallies

Just like he's going to HODL this 40%+ rally down to -50%

>>53466379
>>53466379
This is also true.
I only make 2-3 big trades per year, then HODL.

$10k -> 200k in 2017
$200k -> 40k in 2020
$40k -> $2m in 2021
$2m to $500k+300k in 2022.
[waiting for next bull-market 10x]

>>53466336
Is picrel your folio anon ?
If so I rember you from last year
Do you still think Avalanche is the best L1 ?
Did you cash out ? Why do you hodl so much stable lol the bottom was in
Do you still think K*dena is vaporwave and have you abandoned it now ?
What's the point of holding a coin that will only 10x when there's better gambles that'll 50-100x within the same time span (slightly more risk but not by much)

>>53466336
BAT

>>53466454
Oh damn I only been through 1 bear market but got into crypto in 2018 before the golden bullrun and managed to turn $8K CAD into $170k USD which was lifechanging for me but I only fucking cashed out 10% i'm such a fucking autist
Down to about 30k usd
I used to be an avax maxi but it's just like chainlink, extremely sound investment but not as significant of a return (only 10-20x during the next bullrun) whereas K*dena, R*C, P*Q, will yield 50-100x but idk
not to mention AI coins. Dog coins are retarded but fun to throw in $50 here and there for the memes, equivalent of going to the casino

>>53466347
based

>>53467830
Yeah it’s me.

I still think Avalanche has the best team.

Even during a bear markets they just keep building and building and building. I wish Avax was a monolithic scaling solution, but it’s still only a “good solution” not the God solution.

I haven’t even thought about Kadena desu. I know that the tech is impressive, but the team is the complete opposite of Avax, I haven’t heard one meaningful update from Kadena in 2 years. Their UX is ABYSMAL. I sold ~75% of my KDA at around $6 (my avg price paid was only $0.25).
So, I held on to KDA as a gesture of goodwill to a coin that gave me a 30x.

My Stables are collateral for my $250k Short position on Tether.
instead of selling my crypto portfolio, I bought “bear market insurance” with a long-term tether short. ironically, i picked the one stablecoin that didn’t go to 0.

I keep ithe short open, because i locked in a 5%fixed rate indefinitely on my USDT short - something that is no longer possible to lock-in on defi.

>>53467934
I agree in the sense that there isn't any better crypto that exists superior to Avax, in all regards.

Since it's my first bear I have been trying to pay attention to ICO's and airdrops and such since every single coin of relevance released an ICO regardless of market conditions which birthed many millionaires but honestly nothing looks promising this time around and perhaps we haven't truly bottomed ?
Imo K*dena is the "safest" bet that will yield the highest returns, once it acquires an ecosystem and ropes in normies it's game over. Mind you it reached $28 with zero ecosystem or dApps or anything lmfao
Avax reaching triple figs would be a 5x from here whereas K*dena would be an 80x It's just too much (granted Avax will not see adoption for a few more years if ever and next bullrun its highs will most likely peak at $350)

Do you think this is the bear market that Tether finally collapses ? That would be the ultimate black swan imo and we wouldn't see a bullrun for possibly even a decade afterwards since the tether pedos were the ones to artificially propagate the last 3 bullruns
Do you think my strategy is retarded to hold higher risk coins with my poorfag folio or should I just remain stable with an avax/link diversification instead since at least those are comfy gains

Nice LARP folio faggot
If you want to convince the retards that you're an oldfag at least have believable allocations rather than have so much in absolute shitcoins

>>53466336
For someone who's an "oldfag" you're holding a lot of garbage, good luck.

>>53466336
I could actually post in here.. I've been in this since late 2016. But my holdings are just BTC and ETH at this point, about 200k in each and 200k in USDC for some fucking reason, DCAing I guess. Also I'm hesitant to even hold the ETH.

>2 bear cycles in
>still on 6figs
jesus christ you need to reevaluate your life

>>53466336
how do you hold 0 chainlink?

>>53469305
I started with 10k and I have 200k now by doing nothing. I logged into coinbase like....5 times, since 2017. I did zero things, besides sold a little bit of btc to go live in Thailand for a year.

>>53466336
I was here 2 bear markets but didn't survive it. My portfolio is FUCKED. I'll be lucky to beat my ath next run

>>53469793
Kek

Bitcoin, Ethereum.
Usually mostly bitcoin until the ponzinomics kicked in for Ethereum last year, now about 30/70.

I don't see any value in holding alts outside of ETH until the bull run actually kicks off. Boring but above a certain size everything else seems too risky or pointless.

>>53469793
Token not needed in my portfolio

>>53466336
BNB, cosmos, sylo, vet
survived the last bear
I only do LONG holds, anything I invest in I believe will atleast produce good returns and have no problem waiting for a couple years to realize those gains.
i try not to hop on hype trains.
>old fag reporting

Kind of cringe portfolio, but because you got in early you're going to make it anyway.
I admire your AVAX stack though. What's your average buy price?

I have about 10-12K set aside
should I collect more and wait to buy 1BTC
or should I buy BNB/avax instead?

What wallet is this anon? also you need a lot more under-valued lowcaps like bit to round out your portfolio.

>>53466336
>holding on to dinosaur coins from the last cycle

You are NGMI with 100% certainty

>>53466336
Link
Eth
Xmr

The only real shit that matters

>>53471844
Coinstats
Any recs? I like layer1s

>13700 Link
>3.7 BTC
>17 ETH
>15000 GRT

Only acoomulating BTC and ETH from here on out *siiiiiiiiiip

>>53466336
nice folio avax/btc/eth/qnt, you'll make it again next bull just with those.
>138k usdc
nikka wut? what are you waiting for to ape in again?

Okay anon I fixed it. Use your last $50k and probably some of your stablecoins to invest in the AI boom. Drop everything I excluded

>>53472567
forgot pic

>>53471833
avax will outperform btc. you have enough for a 500 suicide stack that you can stake every 2 weeks (7% apy) to collect 2.7 avax per month

>>53466336
what's your rationale for not buying any eth l2?

>>53466336
Being able to earn a cashback for every transaction and getting wallets secured from prying eyes has been thrilling... I am betting my all on UTK and RAIL.

>>53471892
Poor Indians

>>53466336
Only pajeets will gun for a non-privacy and non-custody projects after the LUNA and FTX shits last year.

>>53469793
spotted the baggie that bought at $50

>>53466336
True oldfag folios went kaput when Blockfolio died, so you're just a summerchild.

i got avax and bnb, i will dump bnb whenever i can but will hodl avax until new ath

>>53466336
I have survived the bear market twice holding ETH and ALBT. This one would be an exception.