We need to talk. This is a mutually beneficial conversation. There are strategies to be deployed to make money with Crypto that I think are being ignored.
Lets think of it like this. What is investing? It is deploying capital to receive a return.
What are our capital? 1. Time 2. Money 3. Brain power
There is too much Money, time, and brain power given to try to find, time, and buy into these pumps and dumps to try and make a 100X.
So what happens? YOUR capital is limited. You only have so much time in every day and so much brain function you can give to determining PnDs and so much money you can buy with.
So what happens? You miss allocate your capital and then either lose money or are on the sidelines watching others make money.
There is a better way. Lets live in reality.
There are three categories in Cyrpto. 1. BTC 2. Actual usecase projects 3. PnDs
You should be investing in all 3. however remember you have limited capital. If you want to make steady money and make it you need to be wise in how you allocate. If you go all in BTC you will be waiting years. If you go all in 2 you will be waitings years and then those could fail. If you go all in on 3 you can lose it all by getting dumped on.
1. You should DCA into BTC. Set an amount/time period. But leave enough to invest into 2 and 3. Again lets not limit our capital into 1.
2. Spend your time and brain function capital into researching long term projects. ETH is a good example. There are others. Once you identify long term projects deploy you other capital, money and hodl for the bull run.
That leaves us with category 3. If you are wise you still have all three of your capital categories remaining. Time, Brain Function and money. Category 3 requires less money than 1 and 2 but MORE time and brain function.
It is riskier. So what do we do? Do we FOMO into something when threads are popping up everywhere? Or have we deployed our capitals to already be in those before that happens and are we taking profits when the threads pop up?
David Murphy
Sounds like coping bullshit, only way is x100 leverage or pure luck lottery level. Im sorry to break it to you
Brandon Scott
So lets get more into Cat 3.
Lets be real.
IF we are trying to time that 10X or 100X and we spend our capital 1 of 3 things will happen.
1. You will nail it. 2. You will get dumped on. 3. You will miss easier money because youve already allocated your capital.
2 and 3 are more likely.
Lets be real.
There are alot of rich smart people out there gaming this system. Why fight against it? Let them be the big boat and lets follow the wake.
So what do we do? Spend your Time and Brain function capital watching WHEN THE ACCUMULATION takes place. THAT is when you buy. THEN you SELL when the FOMO starts.
Sell for what? maybe a 2x. Maybe only 50%. Why? Because a 50% profit is BETTER than any money managers in the world. AND taking profits gives you what?
YOUR CAPITAL BACK. You dont have to spend time and brain function dedicated to one cyrpto not to get dumped on.
You now have your time, brain function, and money with profits to go into something else and make 50% profit again. and again. and again. How quickly do these PnDs rise and fall?
If you can do this you will make more money over long term than getting lucky with a 100X or whatever.
Remember. Your capital is important and limited. Dont get left holding a bag.
Then with your profits you roll them back into categories 1 and 2.
Brody Wood
So for me. I check things every morning. Find where the accumulation is taking place. Join the fun then 24-48 hours im selling. And starting the whole thing over again.
So yes Ive already made my purchases for today.
Start to deploy this strategy.
Lets be real!
Jacob Carter
Thank you
Nathaniel Morales
kind of you to put this into words for newfrens, user. what pnds did you get? im taking a break from active investing this week but am curious what the hot new shit is
Kevin Taylor
>I check things every morning. Find where the accumulation is taking place. Explain it to a brainlet with examples. Do you go to a site like Coingecko, check the recently added ones and manually check the buy and sell orders of the coin on the top exchange?
Sebastian Diaz
MIND for one. Not even on coingecko yet. Will go up.
Raise looks really nice. DeFi is kind of the next big develop for crypto. So I think any decent DeFi will have its day.
Also grabbed some VXV.
Hudson Russell
Nah, I used to try and scroll through Coingecko. Not realy worth it. Sometimes if its newly added.
First and formost it must be on a decentralized exchange. It allows for massive onboarding of anyone regardless. Some of these coins people shill here are hard for entire geographical regions to buy. If Americans cant buy it easily I dont bother. Why? Because Americans have the greatest access to USD which is what pumps price. Take 1000 americans buying a coin versus 1000 chinamen. The price will go higher with American buyers. So decentralize exchange is a must.
Then I go and look at the 24 hr volume. If its got decent volume thats good. THen I look at the price change. Under 10% price change isnt enough. I like 15-25%. Means people are accumulating but youre not buying the pump. Then I look at the coin. Must be decent. I try and stay away from 1 billion plus coins.
So there ya go. Dont get greedy. Sell for profits.
Ryan Barnes
Good strategy.. this is mine
I search pump and dump or low market cap...
Once I double i pull my initial investment and ride the wave out
If it seems to have reached a top pull the rest out
Reinvest into coins in 2nd category
Namely
Zil Ubt Dgb Vechain
Jackson Gutierrez
Yep. very similiar. Its what smart money does. Its why the rich get richer and the poor get poorer. The poor are so eager to 10x or 100x and get rich quick they ussually end up ruined.
Remember. Time in the market is better than timing the market anons. Have a strategy. Stick to it and keep making money.
Grayson Phillips
user got your eye on any for this week?
I rode the xio wave and the buidl wave pretty good
Sta too but it got messy...
Looking where to put my money for the next few days
I’ve been doubling my long term stacks lately hehehe
Dylan Sanchez
Raise, VXV, and MIND for sure.
Band looks interesting. Maybe more of a long term hodl.
Caleb Hernandez
Thanks where can I find mind?
Gabriel Torres
>If you go all in BTC you will be waiting years Sounds like you don't have enough in
Christopher Adams
almost bought REN this morning but IDK just something in my gut said not too. Glad I didnt, it Dumped pretty good today.
Ive got a decent stack of BTC. My goal is to get to the 21 club
Elijah Roberts
How or where do you buy your coins? I live in Australia and was using a site but it never has any of the coins I hear talked about on here? If I'm looking to get in early where's the best place to buy?
Jose Sullivan
Had a few bitcoins back in 2012, sold it before it was worth much. Dumb I know, but at to me at that age, that small amount seemed like a lot.
Since then I've put a few grand into various stocks, oil, airline and gambling companies mostly.
Thinking of getting back into crypto, I quite like the idea of it, and the blockchain technology behind it - not just in it for the money. Though the money certainly would be nice. I don't have a lot to start with, I'm a student, only work part time. about 9 grand in cash + stocks. Kinda kicking myself I didn't buy BTC while it dipped earlier this year, I was also hovering my finger on Afterpay shares just before that skyrocketted. Its hard to find decent coin brokers in Australia, they all have unreasonable fees or some kinda bullshit catch like you can't actually withdraw anything from your wallet and you have to fuck around and trade it off to somewhere else where you are allowed to do that.
Sorry to ramble, basically I'm following the thread and wondering if you've got any suggestions on a good starting point.
I'm thinking approach it similarly to how I've approached stocks, 50% into blue check, 25% into medium growth and 25% into 'fuck it' wildcard coins.
>uniswap I used coinspot, bit of a normie site but it doesn't have any of the fuckery you describe as far as I know
Dylan Parker
Didn't mean to greentext uniswap lol it was copied to my clipboard dunno how that works
Luis Sullivan
Hah, yeah it does that if you have something in the thread highlighted then click reply I think. I think it might have been coinbase? Or coinjar? I can't remember, I signed up for like 10 of them. Including coinspot, a friend of mine said they're decent too, haven't actually bought anything on it yet though.
Adam Butler
So for how to allocate between the 3 categories you must first set your goals.
Are you trying to live off of this as your livlihood? Then maybe you need to put more into category 3. Its more aggressive but also more risky.
Or lets say you are young and dont mind working a job for 20 years so when your 40-45 you can retire. Then you will want more into 1 and 2 and use 3 to help DCA into 1 and 2.
Those are the two extremes. For me. I will tell you this.
I have 70% in 1 and 20% in 2 and 10% in 3.
Now I have done that because I am youngish. 30-32. I wont be touching my btc for at least a decade.
Christopher Collins
gay
Evan Hall
>MIND >a literal 2 year old shitcoin you're retarded OP kinda hoped you weren't
Jaxson Bennett
Sorry. MINDS. Forgot the S.
It just got listed on coingecko 5 hours ago. It will go up. Theres money to be made.
Anthony Nelson
I was in tears, DISSAPOINTED
But then it hit me. Very clearly! I had finally broken the glass of wisedom
OP is clearly 1. fake 2. gay 3. a Linkedin posting trannyfucker
Seriously OP, fuck off. Your post is written like one of the worst kind of LinkedIn shills. Why can't you have a regular conversation.
PS: My congratulations on reading all these self-help books that taught you that lists should always consist of three bullets. You learned very well!
Bentley Long
based
Charles Brooks
Hmm, I'm thinking maybe risky while I'm still studying and try to sort of make a livelihood with this plus part time work, I mostly do random contract shit. Then once I'm done with this and settle into a decent job, go for the safe route for a few decades while I work. DCAing would be less effective for small investments though wouldn't it? Because of trading fees? I have sort of being DCAing into this crude oil hedge fund for a few months, adding $500 a month. Only been doing it for 3 months.
