Investing

The RFD - Cryptocurrency Mega Thread

Deal Guru
User avatar
Apr 23, 2007
10355 posts
1582 upvotes
Mississauga
With Tom Lee calling 10k-15k ETH... i guess im not selling my position Face With Tears Of Joy
Record ETH ETF Inflows, lots of short betting on ETH going down... looks like we might see another short squeeze akin to March
RFD 43-0-0
Ebay 39-0-0 New To Crypto? Join Me on Ndax https://refer.ndax.io/3XDa |Dance.Flirt.Music.Chill|
Deal Expert
User avatar
Sep 21, 2007
15884 posts
13944 upvotes
...
XxXSnake23XxX wrote: With Tom Lee calling 10k-15k ETH... i guess im not selling my position Face With Tears Of Joy
Record ETH ETF Inflows, lots of short betting on ETH going down... looks like we might see another short squeeze akin to March
it would be wild if ETH hit $3 again.. lol.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Deal Expert
User avatar
Sep 21, 2007
15884 posts
13944 upvotes
...
I just realized i said ETH to $3 not ADA Face With Tears Of Joy

That extra buy was a good decision after all.

AVAX to $100 again would be insane too..
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Member
Sep 29, 2015
312 posts
274 upvotes
Shanghai, China
Think ETH is the vector to FINALLY see money spreading out to rest of the crypto market. Probably obvious to some, but the big dif this cycle is that the institutional BTC money never really spread out, because alt gamblers owned almost no BTC anymore. Liquidity moving into BTC was useless for alt traders. BTC.D is dropping because lots of new money is coming in, not because people are selling BTC for other things.

Now with institutions looking for bigger gains than BTC which is already 100k+, we finally move to them betting on ETH and they can start to compete with each other for stock market hype, and we finally get the nice alt market liquidity boost.

Seeing lots of narratives building about how ETH is better for institutions because you can stake and get yield, and it can generate revenues unlike BTC. Trying to sell shareholders on ETH staking returns and ETH price appreciation ... that's what probably ends up leading to a nice big crash and a cycle ending. BTC has slowly filtered out a lot of the gamblers and speculators as it matured. ETH has infinite rails for liquidity to flood in and out to the entire crypto gamble world and the crashes can be biblical still.

Have fun in the mean time :) Don't forget to take profits. I personally don't think this ends without ETH hitting a new ATH.
Deal Expert
User avatar
Sep 21, 2007
15884 posts
13944 upvotes
...
had to do it.. averaged up more on AVAX.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Newbie
Nov 19, 2022
4 posts
2 upvotes
AVAX usually follows SOL, so this is a good bet. Unless it is the impending ETFs for sol that are driving its momentum (which AVAX doesn't have).
Member
Apr 28, 2012
397 posts
519 upvotes
MONTREAL
Thought some here looking for actual value in crypto would enjoy this infographic I put together. It's fully sourced, verifiable, and represents the sad truth in alt "utility" coins.

Aside from casino chains and casino DEX, there are very few projects bringing real value to the token holder with verifiable network metrics and net-positive earnings. OriginTrail $TRAC is the ONLY one I've found that actually fits the description of a utility token that brings value to the token holder.

https://x.com/origintrailclub/status/19 ... 8931863803

Image
Member
Sep 29, 2015
312 posts
274 upvotes
Shanghai, China
XRP never changes





But still probably worth buying some at the bottom of the next bear because there is just something magic about it that interests boomers. My mom actually asked me to buy some XRP for her Face With Tears Of Joy
Deal Expert
User avatar
Sep 21, 2007
15884 posts
13944 upvotes
...
hmm might need to put a little bit of stop loss on XRP. Don't' want all my gains to be gone lol.. $3 usd seems like a good support..
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Deal Expert
User avatar
Sep 21, 2007
15884 posts
13944 upvotes
...
wow alts are tanking lol.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Deal Guru
User avatar
Apr 23, 2007
10355 posts
1582 upvotes
Mississauga
LOL808 wrote: "
"It’s basically hard to grasp its fundamental value. If we see people adopting it and ascribing a value to it, I'm okay with that, but I'm still not convinced," said Peterffy.
"
He is not a believer yet.
Fundamental value of stables? Being able to own "USD" without the physical paper. 2nd and 3rd world will benefit the most.
Plus its not a question of IF, its WHEN will people have that midset shift.

For someone in a 3rd world that can receive USD stable can go on chain and buy tesla, apple from xstocks without a intermediary... The future is here, this was the buzz back in 2021 but we didn't have regulation back then.
RFD 43-0-0
Ebay 39-0-0 New To Crypto? Join Me on Ndax https://refer.ndax.io/3XDa |Dance.Flirt.Music.Chill|
Deal Fanatic
User avatar
Dec 14, 2010
7447 posts
9690 upvotes
LOL808 wrote: "
"It’s basically hard to grasp its fundamental value. If we see people adopting it and ascribing a value to it, I'm okay with that, but I'm still not convinced," said Peterffy.
"
He is not a believer yet.
That’s ok, majority of people adopting internet didn’t understand it either, but was smart enough to see that the industry was moving that way.

Digital dollars, in a structure that can be used permissionless, instantly settled, for a fraction of cost. That’s when he will see the value.


Rod
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Fanatic
User avatar
Dec 14, 2010
7447 posts
9690 upvotes
XxXSnake23XxX wrote: Fundamental value of stables? Being able to own "USD" without the physical paper. 2nd and 3rd world will benefit the most.
Plus its not a question of IF, its WHEN will people have that midset shift.

For someone in a 3rd world that can receive USD stable can go on chain and buy tesla, apple from xstocks without a intermediary... The future is here, this was the buzz back in 2021 but we didn't have regulation back then.
Not to mention earning 50% in interest on that tesla stock on chain paired with other tokens for growth.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Sr. Member
Nov 3, 2005
787 posts
1095 upvotes
Toronto
I can't wait to be a market maker for stocks! Finally we can participate in income generating activities that we normally don't have access to.
Deal Fanatic
User avatar
Dec 14, 2010
7447 posts
9690 upvotes
Puissance wrote: I can't wait to be a market maker for stocks! Finally we can participate in income generating activities that we normally don't have access to.
Borrow any tokens using tokenized stocks as collateral. Earn interest from fees providing liquidity with these stocks. Pair them with yield bearing stablecoins or other coins for growth. Loop to leverage. Trade leveraged on chain using stables earning interest as collateral.

It’s just starting.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Expert
Jun 20, 2020
26027 posts
38671 upvotes
Toronto
taxrage wrote: https://abcnews.go.com/US/former-olympi ... =114904546

That's just one kingpin. I'll locate many more if you'd like.
Why it's been so difficult to arrest fugitive ex-Olympian Ryan Wedding | Hanomansing Tonight
Calvin Chrustie, senior partner at Critical Risk Team, says Canada’s legal framework needs to be 'radically reformed.' He explains that the current framework makes it incredibly difficult for security and intelligence officials to collaborate with entities abroad — and criminal networks are taking advantage of this.

Top

Topic Information

There are currently 5 users viewing this thread. (0 members and 5 guests)