Another Bitcoin golden cross has been spotted — and it could mean a bull run is in the making

[greenblood]

I’ve learned a lot from YouTube live streams. Jordan Camirand is my favorite. He goes over about 30-40 different coins each day. He also discusses which coins have high utility purposes and which ones are “shit coins”

 

[UW_Doog_Bot]

But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

This year,

Bought BTC at $30k
Bought ETH at $900
Bought ADA at $1.22

Agree BTC is probably in for a bit of a pullback but long term should continue to beat the market. Currently running a miner in Kanopool and as long as the price is above $34k or so it is profitable.
ETH should continue to rise but will be hampered by ADA taking market share in DEFI. Overall though, DEFI will continue to expand and the growth there will overshadow any market share fights imo.
ADA might hit $5 by 2022. It already hit $3.10. I'm actively engaged in DEFI and the potential to lower fees associated with that will be game changing.

Just my current takes. I have a handful of other cryptos but those are my three big plays and the ones I believe in. Everything else is for experimentation, information, and knowledge in the space. Plus if something takes off I don't completely miss out.

I love love love Cardano. I'm starting to massively load up on it.

I also still like Ethereum

I'm not a fan of Bitcoin in regards to rapid growth. I think it's a great long term stable play. To me, Bitcoin is like buying Apple today for the long term. You're not going to get rich on it anymore, that time has passed. But it's a great long term investment as part of a portfolio, and by far the most stable coin of the crypto market.

If you are looking to load though, I'm all in on Cardano. I think this will make people rich. My employee's husband bought 10,000 Cardano when it was at .03! So jealous.

BTC is exactly that, a stable ish crypto. I use it to make my shorter term trades since you can swap it in coinbase between other cryptos with little/no fees.

I'm tapped out on liquidity that I'm willing to put into crypto rn otherwise definitely Cardano would be what I'd buy right now. I don't think you'll make a killing the way you could have before but solid returns from here on out as it continues to rise in institutional popularity. Going from $1 to $3 >>>> $3 to $5

As for making a killing it's what platforms/exchanges embrace Cardano as a platform for DeFi imo.

 

[Kaepsknee]

But I loaded some coin into Cardano when it dipped to $1.02, and continued while it was around $1.30. I even threw a little more at it at $1.88. If Cardano falls under $2, I think it's a steal. I also put some money into Matic when it feel to around $.80. Cardano is now $2.70 and Matic is hovering around $1.50. I think both will pull back some. And when they do, it creates great opportunity. A simple rule I generally go by. When ChainLink, Cardano, Ethereum, or Matic dip by 10% or more in a 24 hour period, I buy. Never chase crypto, I learned that lesson back in May. I specifically said those coins, because those are what I'm in. If anybody has other coins they like, I say only buy on dips. Stable coins are another animal, because you generally don't get swings in these.

This year,

Bought BTC at $30k
Bought ETH at $900
Bought ADA at $1.22

Agree BTC is probably in for a bit of a pullback but long term should continue to beat the market. Currently running a miner in Kanopool and as long as the price is above $34k or so it is profitable.
ETH should continue to rise but will be hampered by ADA taking market share in DEFI. Overall though, DEFI will continue to expand and the growth there will overshadow any market share fights imo.
ADA might hit $5 by 2022. It already hit $3.10. I'm actively engaged in DEFI and the potential to lower fees associated with that will be game changing.

Just my current takes. I have a handful of other cryptos but those are my three big plays and the ones I believe in. Everything else is for experimentation, information, and knowledge in the space. Plus if something takes off I don't completely miss out.

I love love love Cardano. I'm starting to massively load up on it.

I also still like Ethereum

I'm not a fan of Bitcoin in regards to rapid growth. I think it's a great long term stable play. To me, Bitcoin is like buying Apple today for the long term. You're not going to get rich on it anymore, that time has passed. But it's a great long term investment as part of a portfolio, and by far the most stable coin of the crypto market.

If you are looking to load though, I'm all in on Cardano. I think this will make people rich. My employee's husband bought 10,000 Cardano when it was at .03! So jealous.

BTC is exactly that, a stable ish crypto. I use it to make my shorter term trades since you can swap it in coinbase between other cryptos with little/no fees.

I'm tapped out on liquidity that I'm willing to put into crypto rn otherwise definitely Cardano would be what I'd buy right now. I don't think you'll make a killing the way you could have before but solid returns from here on out as it continues to rise in institutional popularity. Going from $1 to $3 >>>> $3 to $5

As for making a killing it's what platforms/exchanges embrace Cardano as a platform for DeFi imo.

Thanks for the take. And congrats on your plays. You’ve slayed it.

What is it that is fueling the buying frenzy for Solana other than frenzy itself?

Do they have a “platform”that is truly a differentiator? Or is it just crypto being crypto?

 

[DerekJohnson]

I’ve learned a lot from YouTube live streams. Jordan Camirand is my favorite. He goes over about 30-40 different coins each day. He also discusses which coins have high utility purposes and which ones are “shit coins”

will check it out, thanks

 

[MelloDawg]

How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

Bitcoin
Etherium
Cardano
Solana
Tether
ChainLink
Polkadot
Polygon

I think there will be more. These cryptos all have high usage rates. I think Ethereum and Cardano offer the most upside potential right now.

Tether is a stablecoin which, while highly utilized, is potentially facing a DOJ investigation and is generally not the most well regarded of the stablecoins. USDC or BUSD (if using the Binance chain) are better.

The rest are great.

 

[greenblood]

How many of these Cryptos will truly survive? Bitcoin and Ether seem obvious but who else?

Bitcoin
Etherium
Cardano
Solana
Tether
ChainLink
Polkadot
Polygon

I think there will be more. These cryptos all have high usage rates. I think Ethereum and Cardano offer the most upside potential right now.

Tether is a stablecoin which, while highly utilized, is potentially facing a DOJ investigation and is generally not the most well regarded of the stablecoins. USDC or BUSD (if using the Binance chain) are better.

The rest are great.

Yeah…that makes sense

 

[SarkFanSixtyNine]

isnt cardano just a bunch of promises from a guy that seems like an idiot and asshole? i havent looked at it in a couple years but that was my impression.