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55777911 No.55777911 [Reply] [Original]

Is this the smartest strategy for crypto?

>> No.55777939

>>55777911
>use 1.5% of your networth to gamble on 30-50x
If you have 2mil to gamble and don't care about losing it, you're not investing.

>> No.55777959

>>55777939
I don't see how it matters. Anyone can take a portion of the money they're willing to lose and buy the bottoms on various alts, then sell them after they pump. No need to touch BTC/ETH/top 50 cryptos if anyone wants to make the most of the cycle

>> No.55778039

>>55777911
>wait for a flush in the S&P (and thus BTC)

lmoa

>> No.55778116
File: 781 KB, 1600x1000, 212ALTBTC.png [View same] [iqdb] [saucenao] [google]
55778116

if your "strategy" doesn't take into account the near certainty that any given alt will never see a new ath again, it's not a strategy, just pure gambling.

you can count all the liquid, successful, multi cycle alts on one hand.

>> No.55778125

>>55778116
What strategy do you advocate for then?

>> No.55778151

Only faggot incels still care about gaming in 2023. The biggest gains are gonna come from LSTs intertwined with defi.

>> No.55778170

>>55778125
new alts (not launched before bitcoin's last ath or lower high), not illiquid (venturing past the top 200 alts for liquidity is only for those with nothing to lose), selling within ~9 months with few exceptions.

trying to capture all of the hypothetical upside is how you capture the entire downside.

>> No.55778192

>>55778170
so you wouldn't hold until the bull market (say 2025)? You would sell within 9 months of buying the asset regardless of how well it performs?
With that said, how many alts do you recommend having across your portfolio at a time?

>> No.55778193

Holy fuck what a retard literally how every noob thinks

>> No.55778224

>>55777911
Idk I'm a BTC maximalist

>> No.55778232

>>55778224
>Idk I'm a BTC maximalist
what's the point when most alts outperform btc by a long shot?

>> No.55778240

>>55777911
>2 million is just 1.5% of his total net worth.
Anon, he's already rich, he can take these retarded risks. You can not.
This is not a strategy for poorfags.

>> No.55778248

>>55778240
What's a good strategy for someone with $70k? I'm all ears

>> No.55778314

>>55778192
if you look at the charts you'll find in most cases the alts performing well today won't be the ones performing well during the bull market, and the ones performing well during the bull market either don't exist today or are doing nothing.

>> No.55778339

>>55778314
what do you recommend, then? Buy a new alt while it's low and sell when it pumps? if it doesn't pump within 9 months, then sell anyway?

>> No.55778354

>blah blah blah
>buy my bags

>> No.55778405

>>55777911
He doesn’t need to position into gaming coins rn, the odds are fucked if the gaming narrative doesn’t come.
Go all in to gaming coins when there is a insane game that comes out in crypto gaming (<10% odds because devs just dont have any incentive to make such game when they could simple vc raise and slow rug)

>> No.55778417

>>55778248
you want to find a maybe one or two high conviction bets, put $5k on each
then go $30k in eth and link

>> No.55778456

>>55778417
>link
what makes you think it will do anything going forward? rather put it into btc

>> No.55778813

>>55777911
>Gaming alts

dead before it even arrived

literally forced shit like meta verse

kys retard nobody cares and those who do care are fucking zoomers with little pocket change

>> No.55778825
File: 99 KB, 1484x1080, yes you know the source.jpg [View same] [iqdb] [saucenao] [google]
55778825

>>55777911
Smartest strategy for crypto?
Good old buy on red, sell on green
And XOR is touching floor right now, hold your bags till 2025 and you'll make it

>> No.55778845

>>55777911
here comes another crypto guru thinking he can predict whats going to happen. meanwhile it will go the exact opposite way as they pump grand dad btc to new ath and his gaming shitcoin goes a for new low. the only fact he's spitting is that gaming will fuel the next bullrun but it will be because of the newer unknown games that are building now

>> No.55778875
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55778875

>>55778339
9 months is mostly arbitrary. what matters is that you're not buying alts from the prior cycle. the cutoff as to what pumps is almost entirely dictated by the prior bitcoin top. exceptions are few and far between. dogecoin is a good example of what it takes to create an exception, shilling by someone as popular as elon is.

>> No.55778893

>>55778417
I'd just $20k in BTC/ETH/LINK each then the 2 alts and keep waging for cash on the side to prepare for new alts. I picked ARB as 1 of my alts already just because it feels like a no brainer (fulfils all the criteria: top 100, hasn't pumped yet, created after BTC crash etc.) The 100x days are over now though maybe $70k can reach $500k in 2 years at peak.

>> No.55778905

>>55778875
Also dot and fil are gonna moon hard

>> No.55778915

>>55778893
yeah eth l2s seems like it might be last cycles alt l1s

>>55778905
wouldn't personally touch polkadot the way the winds are blowing. don't know enough about filecoin.