Current Events > Cryptocurrency General 2 - May 2021 Rekt Edition

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CookieMarvin
05/20/21 10:10:05 AM
#1:


fake pump today and maybe tmo, dump following that, chop til autumn, giga moon, real bear market

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LastTomorrow
05/20/21 10:13:34 AM
#2:


I have Cardano, Stellar Lumen, Polygon, Algrorand, Chain, and small amount of etherum and Litecoin. I bought 12 more Cardano coins in the dip

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CookieMarvin
05/20/21 10:13:43 AM
#3:


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closetkpopfan
05/20/21 10:14:10 AM
#4:


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2Pacavelli
05/20/21 10:18:01 AM
#5:


I need another dip because I don't have the money to buy right now
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DyingPancake
05/20/21 10:18:36 AM
#6:


Other topic ended so Ill ask again

Has anyone bought AVAX? Im trying to do that through gate.io and Im just lost

Could really use a walkthrough if someone has done it and doesnt mind messaging me

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CookieMarvin
05/20/21 10:23:01 AM
#7:


2Pacavelli posted...
I need another dip because I don't have the money to buy right now

well, the way i see it, this is a bounce up to a lower high before things get ugly again, so youll probably have an opportunity. everyone is suddenly bullish again this morning, but this is bearish mid-long term if we cant beat 63 soon. the weekly btc chart looks so so so bad

DyingPancake posted...
Other topic ended so Ill ask again

Has anyone bought AVAX? Im trying to do that through gate.io and Im just lost

Could really use a walkthrough if someone has done it and doesnt mind messaging me

never used gate before. is this ur first non-coinbase CEX?

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Jiggy101011
05/20/21 10:26:00 AM
#8:


Once ETH hits 4k I'm outie

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2Pacavelli
05/20/21 10:32:20 AM
#9:


CookieMarvin posted...
well, the way i see it, this is a bounce up to a lower high before things get ugly again, so youll probably have an opportunity. everyone is suddenly bullish again this morning, but this is bearish mid-long term if we cant beat 63 soon. the weekly btc chart looks so so so bad

Yeah I can see another dip that catches people off guard happening again
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CookieMarvin
05/20/21 10:34:52 AM
#10:


2Pacavelli posted...
Yeah I can see another dip that catches people off guard happening again
apes crank their leverage every time they get wiped bc they dont learn from getting fucked. today feels like a setup for real actual capitulation within the next week

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DyingPancake
05/20/21 10:36:18 AM
#11:


CookieMarvin posted...
well, the way i see it, this is a bounce up to a lower high before things get ugly again, so youll probably have an opportunity. everyone is suddenly bullish again this morning, but this is bearish mid-long term if we cant beat 63 soon. the weekly btc chart looks so so so bad

never used gate before. is this ur first non-coinbase CEX?

Kinda. I was in a project last year that I could get through uniswap. They have now shifted the project and provided an airdrop for the new coin but youve got to go through all these steps and Im just lost. It should be a rather simple process, but for a first timer like me Im in over my head

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PatrickMahomes
05/20/21 10:40:43 AM
#12:


tag

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2Pacavelli
05/20/21 10:42:09 AM
#13:


CookieMarvin posted...
apes crank their leverage every time they get wiped bc they dont learn from getting fucked. today feels like a setup for real actual capitulation within the next week

Yeah that seemed more like a leverage trading automated capitulation.

BTC dropping to 29,000 or lower would scare the crap out of a lot of people that would lead to real serious sell off.

On the flip side I could see Crypto going on a big pump from here too. But then if it fails to break 50,000 and gets stagnant then drops that could lead to panic selling too with people thinking we already hit the top
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Trumpo
05/20/21 10:43:52 AM
#14:


Things starting to look bullish again
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CookieMarvin
05/20/21 10:44:18 AM
#15:


DyingPancake posted...
Kinda. I was in a project last year that I could get through uniswap. They have now shifted the project and provided an airdrop for the new coin but youve got to go through all these steps and Im just lost. It should be a rather simple process, but for a first timer like me Im in over my head
uni is a dex! its much more simple bc it doesnt have the features cexs do. i took a look at gate and its a bit strange. i dont see an option for market buying, which is much easier for newer participants. do u know how to set a limit order?

also if u buy shit on gate be careful. dont know how warranted they were, but i saw claims of insolvency last week.

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CookieMarvin
05/20/21 10:47:31 AM
#16:


2Pacavelli posted...
Yeah that seemed more like a leverage trading automated capitulation.

BTC dropping to 29,000 or lower would scare the crap out of a lot of people that would lead to real serious sell off.

On the flip side I could see Crypto going on a big pump from here too. But then if it fails to break 50,000 and gets stagnant then drops that could lead to panic selling too with people thinking we already hit the top
personally, Im looking for that 55k area to derisk. im extremely overexposed in alts and i got absolutely throttled yesterday

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MACisBack
05/20/21 10:55:05 AM
#17:


Dumped my bitcoin a few days ago, and bought up some alts. So far each one is up 24% since I bought the dip yesterday.


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Guide
05/20/21 3:11:52 PM
#18:


Now's the time to buy some of the pie.

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apocalyptic_4
05/21/21 3:45:23 PM
#19:


Anyone buying?

Looks tempting to buy in right now I'm looking at charts and these dips are looking similar to 2017 crash so it might be a good time to go in heavy.

The ban in china and regulations is making me doubt crypto though. What's everyone's thoughts

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#20
Post #20 was unavailable or deleted.
GirTheRobot
05/21/21 4:31:21 PM
#21:


apocalyptic_4 posted...
Anyone buying?

Looks tempting to buy in right now I'm looking at charts and these dips are looking similar to 2017 crash so it might be a good time to go in heavy.

The ban in china and regulations is making me doubt crypto though. What's everyone's thoughts
i want to buy more but i'm starting to get tapped out and a little worried lol

my totally uneducated opinion is that this could take months to get back to its previous all time high. but that also means now is the time to buy...ugh i'm conflicted
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Crescente
05/21/21 4:56:24 PM
#22:


Does anyone have safemoon? How the heck do you get it?
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GirTheRobot
05/21/21 5:00:14 PM
#23:


Crescente posted...
Does anyone have safemoon? How the heck do you get it?
probably have to use trustwallet, then Dapp. You probably have to first buy BNB, then swap it to BSC, then swap your BSC to safemoon via copying and pasting the token's address.

glhf. shitcoins are something else buddy.
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theAteam
05/21/21 5:01:12 PM
#24:


Crescente posted...
Does anyone have safemoon? How the heck do you get it?

I don't have it but basically you set up a digital wallet, and place either ETH or BNB in it. Then go to one of the exchanges that has the tokens and swap your eth/bnb for the safemoon tokens. For example, buy BNB from Binance, transfer it to a digital wallet, and swap it out through the pancakeswap exchange for safemoon tokens.

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apocalyptic_4
05/21/21 5:18:11 PM
#25:


GirTheRobot posted...
i want to buy more but i'm starting to get tapped out and a little worried lol

my totally uneducated opinion is that this could take months to get back to its previous all time high. but that also means now is the time to buy...ugh i'm conflicted

Hmm. Yea I feel like it's a gamble either way the volatility isnt worrying me I understood going in crypto is a gamble I'm just tired of the constant worrying and looking at this everyday.

I'm buying in now slowly again in crypto nothing crazy like I was before. I think I'm sticking with investing back into index funds heavy and using crypto as a smaller investment thing I throw a much smaller amount into until it looks bullish again.

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Crescente
05/21/21 5:37:29 PM
#26:


theAteam posted...
I don't have it but basically you set up a digital wallet, and place either ETH or BNB in it. Then go to one of the exchanges that has the tokens and swap your eth/bnb for the safemoon tokens. For example, buy BNB from Binance, transfer it to a digital wallet, and swap it out through the pancakeswap exchange for safemoon tokens.

Would USDT work to swap for safemoon? I'm not sure how the pairings work
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theAteam
05/21/21 5:58:58 PM
#27:


Crescente posted...
Would USDT work to swap for safemoon? I'm not sure how the pairings work

Tbh no idea I've never purchased a stablecoin.

https://safemoon.net/markets

It looks like most of the exchanges it's listed on work through USDT.

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#28
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theAteam
05/21/21 6:38:36 PM
#29:


I'm getting gaped lately.

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TheMikh
05/21/21 6:48:46 PM
#30:


Future_Trunks posted...
@TheMikh how are you feeling about the China FUD

the less hashing power coming from china, the greater share of it the rest of the world has (or has the opportunity to jump in on)

reducing what is among the greatest risks to bitcoin in particular and pow crypto in general - significant hashing power directly or indirectly subject to the whims of a single totalitarian government - is perhaps a positive development for the space

also the fact that so much bitcoin mining has been occurring not just in china but more specifically in xinjiang necessarily means there have been associated ethical concerns

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Pepys Monster
05/21/21 8:24:36 PM
#31:


Panic sellers are actively driving the market down. If everybody HODLed, we wouldnt be in this mess.

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2Pacavelli
05/21/21 8:57:04 PM
#32:


Looking to snipe something. Might for stock up on Hedera Hashgraph
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TheMikh
05/21/21 9:16:47 PM
#33:


2Pacavelli posted...
Looking to snipe something. Might for stock up on Hedera Hashgraph
what exchanges is it on (aside from binance, i presume)

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CookieMarvin
05/21/21 10:30:06 PM
#34:


so are we all poor now

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2Pacavelli
05/22/21 3:27:09 AM
#35:


TheMikh posted...
what exchanges is it on (aside from binance, i presume)

I use Mandala for it. Its Binance Cloud based
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Giblet_Enjoyer
05/22/21 3:31:36 AM
#36:


2Pacavelli posted...
I need another dip because I don't have the money to buy right now
You'll have plenty of time, don't worry lmao


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2Pacavelli
05/22/21 4:43:10 AM
#37:


Just got some more XRP, hit my personal long goal finally
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1337toothbrush
05/22/21 4:47:05 AM
#38:


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CookieMarvin
05/22/21 12:57:25 PM
#39:


buttcoiners

love the edit to take the g out of getting lmao

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1337toothbrush
05/22/21 6:24:45 PM
#40:


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#41
Post #41 was unavailable or deleted.
1337toothbrush
05/23/21 11:37:44 AM
#42:


Future_Trunks posted...
alts are getting fucked so hard, btc has kinda stabilized
Hard to claim something has stabilized when it's only been a few days. Granted, bitcoin's euphoria stages tend to last just a few months.

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Crescente
05/23/21 12:04:34 PM
#43:


Is this the end of crypto? :(
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SergeantGander
05/23/21 12:08:23 PM
#44:


65k to like 15k just like that. RIP.

Tag me in the fall/winter when its back I can't look at at my poorfolio anymore :/

tbh I can't be that sad because I'm still up on my initial investment

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theAteam
05/23/21 12:58:05 PM
#45:


This is fine

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#46
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BignutzisBack
05/23/21 1:14:24 PM
#47:


Trumpo posted...
Things starting to look bullish again

Lmao

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Pepys Monster
05/23/21 1:16:28 PM
#48:


Should I put 8K into ETH or ALGO? ALGO will give me 6% APY all the way until the market recovers. But ETH is a safer bet.

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TheMikh
05/23/21 1:20:13 PM
#49:


Future_Trunks posted...
@TheMikh

im scared

i'm just mad that i have too much impermanent loss to move from uni to sushi

i'm potentially missing out on hundreds in daily revenue with all the lps jumping ship

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apocalyptic_4
05/23/21 2:29:07 PM
#50:


I see a ocean of red

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