Thread: Money Bitcoin Take?
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Old 10-30-2021, 04:20 PM   #3449
carlos3652 carlos3652 is offline
El Diablo
 

Join Date: Dec 2004
Casino cash: $1806679
Quote:
Originally Posted by eDave View Post
Put in what you can afford to lose, as they say. If you do, I'd put it towards something seemingly stable. Like Bitcoin. It looks like you are coming in hot vs easing into something you don't know a ton about yet.
  • ADA - Long term and I'm just not feeling it anymore there. After smart contracts, it's really just a slow grind during adoption. I dumped it all as part of repositioning my holding for the end of year run and continued confidence in BTC S2F. But it does tend to accumulate for longer periods than most before moving up. It's close to to that as I pull back the chart but there's just no real news around it anymore so I'm hesitant to believe it will soon or wait for alt season to move due to market momentum and algorithyms. This is stable.
  • Doge - Be careful and mindful. My stupidest crypto move was buying Doge.
  • Matic - Stake that for 11% and buy more at dips.
  • Asm - No idea
To me it just looks like BTC should round that out. I'd have entered the market with just BTC, personally.

My reposition has me with 50% BTC, 25% DOT, 25% cash and USDT lendings right now. Dot stakes for 12% so that's hard to pass up, along with it's potential. While others were pumping up Shib, I was buying BTC and DOT at discount prices. I like DOT and Solana but have yet to buy any Solana.

I'll look at ADA again for alt season. ETH as well as 2.0 comes to fruition. Oh, and Solana. At this point.
Thanks Dave! Yea, I only put money I’m willing to lose at this point. Just hard to pass up when people are making money left and right.

What I don’t want to do is buy at the highest point only to see it all come down… like I feel Bitcoin @ 61k is ludicrous and hoping it comes down to buy like it did before.

And that’s why I have small positions at this point / I don’t understand it but want to ease in to get a better feel. This thread is awesome and I wish I would have gotten in earlier on some things… but here we are. 😂
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