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CLICKCLACKONER
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9 hours ago, fat ralphy said:

Bros what is my best bet - sell a portion and get my initial investment money back to make everything going forward profit?

 

Sell and take all profits just leaving my initial investment?

 

Just leave it alone and hope it keeps rising?

 

I have held stocks previously but this my first dive into crypto…….what are your strategies?

Different strategies for profit taking. I’m struggling with this myself, if anybody has any ideas please feel free to drop some knowledge. 
 

I’m thinking of taking 10% off the top every time whatever coin hits an ath. 

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4 hours ago, fat ralphy said:

Have settled on simply maintaining the stash and hoping it percolates into mo mo stacks.

 

The initial 500 aint really shit to me in the scheme of things so I figure why not let it ride….

 

May do the same @abrasivesaint since I am using Coinbase - good idea. 


I’ve collected probably $50-60 from those lessons at this point. Honestly, you can guess the answers pretty easily. Even if you get it wrong i think it gives you chances to guess again. Easy money. 

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On 10/28/2021 at 5:57 AM, CLICKCLACKONER said:

Different strategies for profit taking. I’m struggling with this myself, if anybody has any ideas please feel free to drop some knowledge. 
 

I’m thinking of taking 10% off the top every time whatever coin hits an ath. 


Personal strategy: I try and stack mostly eth and btc.

and then have about 20% in lower cap coins and one or two gambles. 
 

I then consolidate profit from these into eth/btc after a surge. 

The logic being historically a lot of the alts and lower caps just don’t survive long term. 
 

Re: Shib

It’s always good to take some profits during the euphoria stage.
 

SHIB just did 1m% or whatever so I would move at least some of it to something less volatile. If you think there’s more mileage in it, leave some in, but it’s always good to reduce your risk of total wipeout. 

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18 hours ago, craig said:


Personal strategy: I try and stack mostly eth and btc.

and then have about 20% in lower cap coins and one or two gambles. 
 

I then consolidate profit from these into eth/btc after a surge. 

The logic being historically a lot of the alts and lower caps just don’t survive long term. 
 

Re: Shib

It’s always good to take some profits during the euphoria stage.
 

SHIB just did 1m% or whatever so I would move at least some of it to something less volatile. If you think there’s more mileage in it, leave some in, but it’s always good to reduce your risk of total wipeout. 

That’s a good play. Currently I’m 45% btc, 45%eth and 10% altcoins/ gambling. 
 

But I was talking about taking profits on the way up so I can have some cash on decky to buy the dip. 

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1 hour ago, abrasivesaint said:

I swear every time i throw a bit of money into some random coin to fuck around and see how it is it tanks within 24hrs, haha. 
 

edit: i mean throwing like $20 on some shitcoin and it immediately drops to $14..ha. 

 

Please go buy some BTC, I want to get in. 

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  • 2 weeks later...

Anyone into NFT's?

 

I can see they have a bit of utility and longevity in allowing people to support creators and then being able to personalise your online presence (if that's your thing) but I still can't understand how you can trade them to make money without getting lucky.

 

I'm also an NFT noob but this podcast helped me understand the concept better...

 

 

Also, shout out to whoever said to cop some NuCypher (maybe casek?), you made me some money!

 

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On 11/17/2021 at 7:15 AM, poes said:

Anyone into NFT's?

 

I can see they have a bit of utility and longevity in allowing people to support creators and then being able to personalise your online presence (if that's your thing) but I still can't understand how you can trade them to make money without getting lucky.

 

I'm also an NFT noob but this podcast helped me understand the concept better...

 

 

Also, shout out to whoever said to cop some NuCypher (maybe casek?), you made me some money!

 

 

i think blockchain will be essential one day with respect to gear, loot, etc in online worlds. NFTs are an extension. 

 

that said: these worlds don't really exist yet and most people aren't there. NFTs as they currently exist are closer to a pyramid scheme than a real disruptor. their value going up is predicated on infinite demand forever; they're not art, not particularly unique, and none have the "story" behind them that some of these guys say will ascribe an ever increasing value to them. 

 

 

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  • 2 weeks later...

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