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52862260 No.52862260 [Reply] [Original]

What are the criteria you look at before investing? Because it seems every project my money goes into turns to be shit.

I recently saw Hooked Protocol's success; does this mean that good projects are on launchpads, or was this a one-time occurrence?

>> No.52862273

>>52862260
you are so fucking stupid
nothing you invested in is backed up by real world goods, that's your problem. these currencies aren't useful if they don't actually do anything as a currency.

>> No.52862301

>>52862260
>omg it seems every project my money goes into turns to be shit
i am guessing that you are buying premined shitcoins and expecting to pump

>> No.52862308

>>52862273
>>52862301
Since you two are so fucking smart, what should I be buying, kek

>> No.52862333
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52862333

>>52862308
It would be a disservice to my community to invite moonboys in. Speculators simply derail discussion. You would find it if you looked for what is actually being used as a currency for physical goods.

Bonus: You'll stop being a moonfag when you realize the importance of cypherpunk philosophy and understand where cryptocurrencies are headed.

>> No.52862340

>>52862333
Enlighten me, anon. Where is it headed

>> No.52862344

>>52862273
>nothing you invested in is backed up by real world goods

Most crypto assets aren't backed by real world goods so what are you up to?

Or you want to tell us what bitcoin is backed by?

>> No.52862355

>>52862333
what's the raspberry pi with an antenna for?

>> No.52862361

>>52862344
Right. Besides stablecoins, which some of are 1:1 backed.

>>52862355
Lmao

>> No.52862364

>>52862355
>what's the raspberry pi with an antenna for?
the lightning meme

>> No.52862403

>>52862344
>Or you want to tell us what bitcoin is backed by?
Bitcoin is, for the time being, backed up by black market goods.
The majority of the price however is "backed up" by speculation. The price has no justification for being this high and would not be if not for speculators simply due to the lack of available goods for purchase.

>> No.52862408

>>52862361
>Right. Besides stablecoins, which some of are 1:1 backed.

Some of which can't even prove their reserves, the industry is built on speculations so don't let anyone make you feel bad for making trades.

>> No.52862415

>>52862408
So what assets are safe according to you, anon

>> No.52862419

>>52862344
Bitcoin is backed by the energy spent mining it
It can’t go below 12k, unless hash rate goes down with it

>> No.52862430

>>52862419
I doubt it will go down so low but still has been facing a lot of lows this year. Maybe a decent time to DCA but we need some improvement

>> No.52862488

>>52862415
>So what assets are safe according to you, anon
The irony of investing is no asset is safe you just have to learn to manage your risk properly.>>52862419
>It can’t go below 12k, unless hash rate goes down with it
You lads said the same thing when we were above 20k

>> No.52862508

>>52862488
That is true. They did say the same thing about BTC and 20k but a lot of incidents lead it to drop.

>> No.52862528

>>52862419
>Bitcoin is backed by the energy spent mining it
that energy was already spent you retard

>> No.52862529

>>52862488
The people who said 20k were talking about how btc never went below a previous cycle ATH, not the cost of mining a single coin

>> No.52862556

>>52862529
That is true too, to be fair, kek

>> No.52862570
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52862570

>>52862556
Mining cost fluctuates too, but it’s directly related to hash rate alone, more miners = higher cost, less miners = less energy needed to mine 1 btc

>> No.52862595

>>52862570
Thank you for the explanation, anon. So with the BTC dominance so high, what alts do you think will survive

>> No.52862598

>>52862529
>not the cost of mining a single coin
What's the current cost of mining a bitcoin?

>> No.52862644

>>52862260
Profit is made by the delta between price and value. That’s why 99.999% of you lose when you buy crypto . Only the pumper whales dumping useless strings of 1s and 0s on you make the profits. Stay broke

>> No.52862659

>>52862598
According to google it's around $246,530.74 per bitcoin in a South American country. But that was an article from August

>> No.52862849

>>52862419
>Bitcoin is backed by the energy spent mining it
>It can’t go below 12k, unless hash rate goes down with it
"If I spend $100 to produce something it must be worth $100!"

>> No.52862862

>>52862659
no

>> No.52862868

>>52862862
What's the accurate figure then

>> No.52862884

>>52862868
not sure, but if it was 250k miners would have gone bankrupt due to simple supply and demand.

>> No.52862895

>>52862868
it's also irrelevant unless you're a miner.

>> No.52862941
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52862941

>>52862884
>>52862895
I see what you mean.

>>52862644
The figure cannot be as great as 99.9% because a lot of investors gradually earn profits if they invest in smaller market cap projects or ones with good utility like QNT, ALBT, DOT etc

>> No.52862978

>>52862659
This implies every miner is currently running at an insane loss, I find this quite hard to believe.

>> No.52862998

>>52862260
Save the cash and then invest in an index fund once it’s down 30-40%… then hold your investment until you hear everyone around you talking about investing, then sell and hold until another 30-40% fall. Don’t believe in quick rich schemes…

>> No.52863002

>>52862260
>>52862308
>>52862340
no one is gonna spoonfeed you on a bear market faggot, you need to dyor and figure it out yourself. besides you sound like a complete moron asking stupid questions, so you'll likely only fish out scams

>> No.52863019

>>52863002
>so you'll likely only fish out scams
You will indeed be shilled many scams.
>Buy muh sylo protocol it has e2e messaging app!
>Buy doge with bat! It's got a bat LOL 50b market cap will make you rope if you don't buy!

>> No.52863031

crypto should be no more than 10% of your portfolio. you should be buying index funds and RE.

if you keep buying shit coins you're your to stay poor forever.

>> No.52863096

>>52862998
How long does that cycle take
>>52863002
Stfu retard. If you've nothing nice to say, say nothing at all

>> No.52863102

>>52862998
If investing was this easy I bet everyone would be Warren Buffett.

>> No.52863131

>>52863031
>you should be buying index funds and RE.
Particularly not so bullish on this, I would rather keep an eye on binance launchpad for the next project as I believe insane returns are guaranteed based on precedence.
Another launchpad to keep an eye on is Fundrs, there are quality projects over there as well

>> No.52863140

>>52863096
>How long does that cycle take
past performance does not indicate future results.

>> No.52863212

>>52862260
Make sure your cum is thick enough to smoothen an ass before investing, else buy more milk.

>> No.52863277

>>52863102
Kek. That is true

>>52863131
Like DUA and Bonq right

>>52863140
Fair

>>52863212
Fuck off

>> No.52863289

>>52862260
>Because it seems every project my money goes into turns to be shit.
Because you are destined not make it in space. Trying considering buying baggages in the hood, maybe your Xs are there.

>> No.52863323

>>52863289
Said it before and I'll say it once more, if you have nothing worth contributing, of actual value, piss off

>> No.52863338

>>52863277
>Like DUA and Bonq right
They turned out to be successful, I wonder who the next will be?

>> No.52863353

>>52862333
>cryptocurrencies are headed.
Headed to doom from Do kwon and SBF.

>>52862340
Where are we now. That's the moon we were promised is 2018.

>> No.52863356

>>52863338
I do not know either. When did bonq even launch

>> No.52863410

>>52863356
They were listed on Fundrs 5 days ago while their campaigns will be launched on Polygon tomorrow

>> No.52863687

>>52862403
This is how financial markets work and this is what all the "assets" are about.

WTF is GOLD??? Why people care about it?
Other than commodities, all is speculative and backed by belief.

Crypto is no different. Fighting with this is fighting with windmills

>> No.52864037

>>52862415
Everything is safe depending on your criteria. There are whales in DeFi, NFTs, metaverse...

>> No.52864132

>>52863338
What are they?

>> No.52864158

>>52862430
Why do Jews kept repeating DCA when we it had never made anybody rich.? Just hodl any alt you believe in, that's all.

>> No.52864252
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52864252

>>52862570

Mining is the hallucinations of schizonts. Five years rig earns the rewards of a single alt pump.

>> No.52864291

>>52862941
What makes your include alliance block in the list. Hope you aren't carried away by their never ending roadmap?

>> No.52864527

>>52863410
The Fundrs seems to be doing the most. DUA has launched, now Bonq will be launching tomorrow. Brilliant

>> No.52864557

>>52864291
What do you mean never-ending? That's how a roadmap should work. What kind of end are you expecting to see? The guys are delivering like crazy

>> No.52864623

>>52863277
>Like DUA and Bonq
Don't invest here. They are currently using the funds from another sponsor, Fundrs. Aim for a stable project for your wife sake.

>> No.52864670

Every coin is a shitcoin, your goal is to find the shitcoins that will make you a millionaire, DCA. Travellers will come and buy your bags in the next run.

>> No.52864680

>>52864557
Without token pump, what sort of shitshow do I tag it?

>> No.52864792
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52864792

>>52864132
The descendants of bitcoin.

>> No.52864853

>>52864623
WTF are you talking about... Fundrs is the platform where they seek FUNDS. Go read

>>52864680
You know what this sounds like? "Japanese YEN is lower than USD, that must mean they are a shit country that produces nothing then"

>> No.52864876

>>52864792
Haha. STFU.

>> No.52864883

>>52863131
Yes you are correct about the launchpad on Fundrs. I already picked up DUA and looking forward to get BNQ.

>> No.52864904

>>52864623
So what makes you think that these ones aren't stable?
They don't have VC which will dump on the community, so that makes them more stable than any other project out there IMO

>> No.52865281

>>52862260
Follow the trend. I can see that AI and SDK like the Nexera ID are the ones that will be trending very soon.
You can already see how the chatGBT got quick adoption.

>> No.52865414
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52865414

>>52862260
I’ll bite. And while this is no sure fire strategy, it is all about risk management because there two lenses to view crypto:

>cypherpunk future
>pump and dump scam

And both are true. Right now in a bear market is when you need to be looking for the few projects that are still actively working towards partnerships and building something of a foundation for when we go bull again, the groundwork will be set. Basically just see what didn’t completely die as of right now and you’re on the right track. Have a stack that you know based on that criteria that you’re just looking for a profitable exit, and a stack of shit you actually have solid beliefs will make you a fuck ton of money by the next bull cycle. And don’t ever put anything into any of these shitcoins you would miss.

>> No.52865629

>>52862260
I look at a chart and then I look at FA / macro for conformation.

>> No.52865724

>>52865414
It's easier said than done, and only few projects have something good going for themselves.
Other than the top 20 projects and the likes of QNT, GLMR, and ALBT, I don't see others doing much.

>> No.52865749

>>52863096
>Stfu retard. If you've nothing nice to say, say nothing at all
That man was pro5the one helping you the most itt

>> No.52865915

>>52865281
Yes. The Nexera ID is fucking awesome man! It's going to enhance security and wallet recovery in case there is a NFT hack attempt. Brilliant!

>> No.52865936

>>52865724
ALBT stands out as it has got good products, partnership and has big room for growth. The moon would definitely be our playing ground.

>> No.52866019

>>52865724
Exactly. Right now all I have is XMR, MATIC (pajeet memes aside) and ROSE as ones I have reasonable faith in. I’ve got some gambles like SYLO and QRDO, but only based on the fact that one has a working product and the other seems to have a good trajectory and is so far removed from its bull market high that a small bet could be worth it. If someone wanted to get into ICP now would probably be a good time, but don’t expect it to scratch anything above 50, where a lot of people got memed into buying. And definitely don’t think it’s going anywhere near triple digits ever again.

>> No.52866232

>>52863338
I know DUA fund raising started already, but Bonq hasn't started, so did you get your info from the future?

>> No.52866250

>>52866019
No faith in LINK? I thought it was all about BTC/ETH/LINK, but at this point BTC or ETH won’t make you rich so it’s 100% LINK for me pretty much, at least during the bear. Also considering ICP though.

>> No.52866392

>>52866232
I guess he probably didn't understand what he read. Bonq own would be starting tomorrow if I'm correct?

>> No.52866557

>>52866250
Did you also stake your LINK?, if you did then ngmi.

>> No.52866655

>>52865915
It's not enhancing, but will be the one to provide the security against hacks with the use of MetaNFTs.

>> No.52866813

>>52866557
I didn’t stake. I’m honestly not one of those “never selling” guys. I’m planning on selling a % of my stack to recover my initial, then sell the majority when it reaches my target price, and keep a small % for a long time just in case the price goes crazy high.

>> No.52866904

>>52865281
Oh an SDK, I think this Nexera ID should make creating DApps more easier for me and other Devs

>> No.52866943

>>52862260

Buy projects enabled by chainlink

>> No.52867069

>>52866904
The Nexera ID, the TIDV, the ZPT are all related to what Allianceblock has been building. The next bull run would be big

>> No.52867189

>>52864291
When last did you check the roadmap because from what I saw on it recently, only one milestone needs to be achieved on it to call it a wrap.

>> No.52867425

>>52864527
Only few projects with great community can pull that off in this bear market.

>> No.52870175

>>52862340
Headed for mainstream adoption. Disregard the pessimistic faggots. They'll die poor

>> No.52870199
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52870199

>>52862415
No asset is "safe". It's all about risks when investing. However, your control over your assets and identities is the indicator of security

>> No.52870222

>>52867425
Personally, I'm into LINK, DOT, and ORE which is the only low cap in my bag; perhaps because its product focused on lowering the entry barrier into the crypto space.

>> No.52871422

>>52862301
Anon is definitely not investing right, even in the bear season I still took profit on my ORE bag.

>> No.52871431

>>52863002
So you have nothing. Got it.

>> No.52872127

>>52862260
You clearly need to start doing proper research before investing in anything, else you spend all of your money on alcohol, drinks and women. At least you'd be getting some value from that.

>> No.52872219
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52872219

>>52871431
I already have my 3 picks which I'll obviously not share. two of them are mid/low caps that are rarely even mentioned here. keep expecting breadcrumbs from scammers on this digital shithole