[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 472 KB, 2440x1278, coins-crypto.png [View same] [iqdb] [saucenao] [google]
27152859 No.27152859 [Reply] [Original]

I dove head first and did some research and developed a good case of FOMO. I let this consume me and now I'm wanting to consolidate and stop checking every 10 minutes and instead check it once a week. I need advice on what to merge. Here is where I stand:

$1.3K Link
$1K GRT
$1K LTO
$1K YFTE
$500 INJ
$500 REEF
$500 PRQ

Thanks for any advice. I'm tired of hitting the panic button and losing my gains in gas fees. It's been a long few weeks, but I've learned a lot and know what to do moving forward.

>> No.27153112

For gods sake don't sell your fucking LINK.

Overall you have good picks. If you don't have BTC and ETH you need to get the blue chips.

Out of those I like REEF as a risk/reward play and LTO as a long term play. Dyor

>> No.27153339

Not an oldfag, dyor
AAVE looked like a relatively good hold, but lets wait for a better opinion on it

>> No.27153353

>>27153112
Thanks anon. I do have a bit of ETH, whatever I dump will be converted to ETH and stay there.

>> No.27153400
File: 865 KB, 270x270, spinpepe.gif [View same] [iqdb] [saucenao] [google]
27153400

Get some rubic. Unironically will outperform everything else in your portfolio

>> No.27153430

>>27153339
That's not in my list, but thanks. I'm looking to consolidate.

>> No.27153550

>>27153400
Ignore this. RBC may even be ok but it's subject to continuous PnD groups so avoid until they fuck off

>> No.27153552

>>27153400
a) I'm not retarded, as you can see from my list I made highly recommended picks.
b) I'm looking to consolidate.

>> No.27153566

Oldfag here. ETH doesn't scale but unlike BTC in 2018, there's up and coming L2 stuff. I'm gambling on SKL but I've got other bags too. I'm a bit nervous about it though.
At this point I've lost money on every Ethereum killer so I don't think there will be one.

>> No.27153787

>>27153566
Thanks, but I'm looking to consolidate. I think I have my money spread too much. I want to merge some of these.

>> No.27153847

Get some comfy staking coins
ALGO
ATOM
XTZ
Sit back and chill with 5-9% apy doing nothing

>> No.27154122

Keep the LTO it;s a good pick

>> No.27154172

>>27153847
Thanks, but I'm not buying anything new. I'm looking to consolidate.

>> No.27154214

FOMO and shitcoins is why you'll stay poor. You've got like 6k. Imagine if you had just bought 2x bitcoins with it last year when they were 3k per and none of those shitcoins.

Here's a (believe it or not) high risk portfolio:
60% BTC
20% ETH
20% whatever shitcoins you're gonna buy anyway

>> No.27154274

>>27154214
I've made all these purchases in the last 2 weeks.

>> No.27154535

>>27154214
Why is this high risk?

>> No.27154639

>>27154274
Well then return them. You still have the receipt, right?

Reference the portfolio above. Can tell you're obviously not an experienced trader. So for you, hedge your bets against BTC. At least 60% BTC, if not 80%.

>> No.27154797

>>27154535
Because this isn't the stock market or property. Everything in this space is speculation. BTC and ETH are the safest and they are still risky. Even LINK, the surefire backbone oracle is risky because it may never get adopted.

>> No.27154899

>>27154535
1. It's crypto
2. It's not 95% BTC
3. Most smooth brained autists here have no idea what they're doing
4. See #1 and 2

>> No.27155044

>>27154639
I'm ahead on money by a few hundred bucks, but I don't want my money in this many places and I don't want to keep paying gas fees on uniswap. I want to merge all of this into maybe 3 or 4 instead of 8 (7 in the list plus ETH). I want to do that, and only look in once a week to add from my salary every week.

>> No.27155127

>>27154639
I'm not looking to cash out either, maybe you misunderstand what I'm asking.

>> No.27155356

>>27152859

Sell all that bullshit below GRT 50/50 into LINK/GRT

>> No.27155404

>>27155044
Then do the fucking portfolio i mentioned above. You're making money because we're in alt season. But the truth is your shit portfolio is gonna suffer in the long run.

You picked based off greed and inexperience. You just want moonshots but don't even realize BTC is a fucking moonshot at this price.

Take it from an old fag who has been through the last two major bullruns: BUY AT LEAST 60 FUCKING PERCENT BTC

...or don't and worry about your portfolio every other day as it slowly bleeds out the shitcoins you chose

>> No.27155408

>>27152859
If you want to go the GRT and PRQ route, I'd personally allocate more to PRQ as I have a lot more faith in that project, whereas GRT has always looked like a giant vc pump and dump to me... but to each their own.

>> No.27155522

>>27154214
Btc maxis are so cringe, if you dont plan on risking it on shitcoins just go 100 eth, it will outperform btc by 3x

>> No.27155768

>>27155522
Current prices and historical charts show that you're a smooth-brained faggot.

ETH in the 2017 run was $1,400 and BTC was like 21k.

Now, ETH ath is like just over 1,400 while BTC is 40-something.

Jesus, stay poor you clueless fuck

>> No.27156031

Let me re-phase the question, which of these 3 or 4 are the most obvious to convert to ETH and hold as ETH from the list above?

>> No.27156079

>>27155404
Don't you think BTC is gonna drop down a lot soon though? Like last times this kind of run happened, the normie attention span forgot about it after 2 weeks and BTC drops 50% again.
I think it will happen in 2 weeks, and then buy up all the BTC i can

>> No.27156117

>>27156031
Everything below GRT, but you should buy more LINK and GRT not ETH.

>> No.27156619

>>27152859
GRT might be something but it’s market cap is too high to make it worthwhile over PRQ, which has a similar use case but superior tech with many GRT users switching over. I think putting new money in LINK is kind of dumb in 2021 but that’s just my opinion. You’re too late. It’ll go up but your money is better spent elsewhere. Not really familiar with YFTE and INJ.

>> No.27156717

>>27156117
I plan to put $200 in weekly from my salary, all into LINK and GRT. And thanks for your advice, but I still want to hold LTO for sure.

Right now I'm thinking of selling INJ and YFTE, and maybe hold REEF for a week or two.

>> No.27156790

>>27152859
oldfag here, why should i help, name one (1) reason

>> No.27156807

>>27156079
I personally think so, yes. But that doesn't mean it's gonna happen. The markets have been unprecedented lately, including the stock markets.

That said, always buy BTC. When BTC crashes, so does everything else. And when normies forget about it, alts bleed dry and sometimes never recover

>> No.27157332

>>27156790
You certainly owe me nothing, but I would appreciate any advice I can get before I start my consolidation.

>> No.27157456

>>27156790
1 reason
I'm not here shilling any coin nor asking anyone to buy anything.

>> No.27158151

>>27157332
grt pretty much priced in, yfte inj reef and maybe lto, are pretty shit picks
godspeed anon

>> No.27158405

>>27158151
and i guess i could shill what im holding but that would make me feel bad so i wont

>> No.27158714

>>27152859
go kys you newfaggot retard, you legit bought retarded scams that have been shilled this month. nice research dumbass

>> No.27158734

>>27158151
>grt pretty much priced in
What do you mean by priced in?
Also, what time of the day are the gas fees the lowest? That's when I start consolidating.

>> No.27158889

>>27158734
Youll have to wait till both europe and america are sleeping for low gas

>> No.27159346

>>27153400
Dont bother with his types anon, they are eternal nocubers and they are ngmi.

>> No.27159716

>>27158734
>Also, what time of the day are the gas fees the lowest?
https://ethereumprice.org/gas/

>> No.27159984

>>27158405
>https://ethereumprice.org/gas/
I'm about to exit this thread, I'd love to know what you are holding.

So I ended up consolidating to:
LINK/GRT/PRQ/LTO and converted the rest over.

>> No.27160071

>>27159716
Thanks!

>> No.27160169

>>27159984
>I'd love to know what you are holding
big prq, big xcm, bit of link, looking to get some qnt.. bit late to the party but still, also as a gamble on biotech some encrypgen

>> No.27160545

>>27160169
Interesting, I held XCM for a day or two and ditched it.............. oh well.

>> No.27160602

>>27152859
ZRX is not there, pointless

>> No.27160763

>no btc
why

>> No.27160780

>>27160169
If REEF doesn't pan out next week, it may get converted to XCM! Good luck anon!

>> No.27161069

you should also consider some xmr, although almost nobody wants to touch that with a 10 foot pole..

>> No.27161416

>>27152859
dont fucking ask for old fags, when you are the newest newfag
LURK MOAR

>> No.27161753

>>27161416
Newfag to /biz/, old fag to 4chan. Why would I want advice from other newfags smooth brain?

>> No.27161763

>>27154899
Your definition of high risk is driving 5 mph above the speed limit

>> No.27161830

>>27161069
agree with this anon, monero is great.. fantastic in fact but sadly gets shit on by a lot of people

>> No.27162361

>>27161753
kek

>> No.27162458

>>27158151
>INJ a shitty pick
>When mainnet comes out next month
Lol ngmi

>> No.27162807

>>27162458
>When

>> No.27163647

>>27152859
BTC, ETH, AVAX, XTZ, BAT, LINK, and maybe some lummies.

>> No.27163805

>>27155404
Oldffag is correct, in the long run BTC always wins, the best alts get crushed, literally destroyed. The bet is that ETH will reposition higher vs BTC and stay there. With Defi this looks good, if Defi is a bubble, ETH will survive but the wreckage to Defi altcoins will be extreme beyond imagination.

>> No.27165475

>>27163805
>if Defi is a bubble
there is no if

>> No.27166902

>>27159984
Still no BTC. Guess you're gonna learn the hard way.

And next time you want to ask oldfag advice only to ignore, gfy

>> No.27167772

>>27152859
You should add AVAX to that list :) thank me later

>> No.27168156

>>27152859
Honestly this is the whole purpose of balancer liquidity pools and you should just buy some Statera and pool it in a fund. I wouldn’t sell GRT or LINK.

>> No.27169403
File: 211 KB, 720x980, Screenshot_20210130-202014_Delta.jpg [View same] [iqdb] [saucenao] [google]
27169403

As we are among gentleanons here.
What do you frens think of my folio alloc? Been hesitating between selling my ETH, but at the same time, everything here looks so damn solid.
Please halp