[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 484 KB, 1120x1318, 1560980635678.png [View same] [iqdb] [saucenao] [google]
51102560 No.51102560 [Reply] [Original]

/biz/ 2017 Oldfags and older, what are your crypto strategies going into the rest of 2022 and 2023 before the next btc halving? Any largecap opportunities to snipe up before the ultimate leg up many months from now?

>> No.51102598

Like always buying btc eth and link at the bottom

>> No.51102604
File: 5 KB, 1048x264, 1646308641410.png [View same] [iqdb] [saucenao] [google]
51102604

>>51102560
>cap

>> No.51102635

>>51102598
What are your guesses for the bottom?

>> No.51102650
File: 2.41 MB, 1024x1024, 42A2D0F3-15BF-4F10-8600-F8D4F21603DF.png [View same] [iqdb] [saucenao] [google]
51102650

>>51102560
Still all in stables. Not sure when to buy.

>> No.51102660

>>51102650
Interesting.
What coins are you eyeballing?

>> No.51102664
File: 2.11 MB, 1024x1024, 467967FF-220C-4717-99CC-741D107711DC.png [View same] [iqdb] [saucenao] [google]
51102664

>>51102660
Bitcoin

>> No.51102687
File: 3.41 MB, 2398x2888, 1623331348726.png [View same] [iqdb] [saucenao] [google]
51102687

>> No.51102774

>>51102687
I have .6 btc bros is that enough

>> No.51102826

>>51102560
>2017
>oldfag

>> No.51102884
File: 476 KB, 828x1265, F1400482-5EB7-427F-88BC-F974D0422241.jpg [View same] [iqdb] [saucenao] [google]
51102884

Any changes ?

>> No.51102936

>>51102884
Consolidate into 3. ETH, Link and rose or matic

>> No.51102984

>>51102560
You have 4.3 BTC, what do you do with it?

>> No.51103006

My predictions:
1) GMX is the blue chip DeFi of next cycle, with “real yield” being the new buzzword (assuming FTX doesn’t kill it somehow)
2) Move L1s are going to be duds. I’m guessing that even retail at this point is too cynical to throw money at high cap ETH killer L1s. They’ve been through it too many times. They’ve also bought into the scam over and over again, so this is not guaranteed.
3) Celestia and Fuel will both be big deals and “Modular L1s” will be a big narrative next cycle, which is another reason I think APTOS, etc will fail. The narrative will have moved on by then.
4) zk will be a meme and a lot of the low hanging retail bait will hype up zk to suck retail in
5) Empiric will launch as the first heavily backed “LINK killer” and will do a 50x, even though it won’t win any market share and will only last one cycle.
6) ENS domains will hit another level of hype and adoption. Watching how bullish they have been this whole year has been crazy. “What bear market?” basically
7) Privacy will be more contentious than ever after the govt played its hand on Tornado Cash. I’ll be watching Aztec Connect and Anoma/Namada in relation to this.
8) Chainlink major releases (CCIP in particular) will be the fuel underlying the next bull run, just like how price feeds kicked off DeFi summer.
9) Arbitrum will absolutely dominate the mid term L2 race while zk rollups corner niche use cases.

>> No.51103014

>>51102560
Measure your networth in btc.

>> No.51103026

>>51102936
Thanks anon.

ETH/LINK/MATIC for me.

>> No.51103063

Fresh OC you're welcome.

>> No.51103065
File: 29 KB, 259x194, frens.jpg [View same] [iqdb] [saucenao] [google]
51103065

Fucking imageboard not posting my images

>> No.51103118

>>51102687
That’s good stuff any more?

>> No.51103133

>>51103065
This is not good stuff

>> No.51103168

>>51102560
2017 here, made my fortune on matic after seeing it 10x twice last run and went all in at 2 cents. IMO all L2s are going to take a big fat stinky shit post ETH2. the amount of capital going into DLT right now is absurd. the DTCC is running project ION as we speak and tokenized securities on digital transfer agents is next. there is a lot of fat still to be trimmed but institutional money is only flowing in one direction, from tradfi to defi, for the next 20 years. im bullish on GRT and RARI, but lost an unknown amount of XMR in a boating accident.

>> No.51103196

>>51102560
Any ausfags in here should listen, this might help you escape your pov life.

Right now I’m using crypto as my savings account. Of course don’t go full retard and not have safety net just in case. Every week just put in the same amount of money you would to a savings account ($350) or if you don’t time your weekly purchases, DCA through the week instead.

HAVE A PLAN - don’t just put that money there hoping to get rich NGMI and don’t think it’s will happen in 3 months.

On the last bull run I cashed out and bought an apartment in the city and now I’m only paying $200 a week on my mortgage to live. My goal on the next run is to have enough to land lock something on the east coast in a nice beachy town and have it rented until I’m stable enough to work part time.
Then I can smoke all the weed and play all the games I want

>> No.51103235

>>51103196
???? Groundbreaking common sense that every person on this board already knows nice wall of text seriously shut the fuck up

>> No.51103304

>>51103235
Common sense you’d think everyone would have but honestly don’t. Stay poor, I might let you rent out my apartment when I leave

>> No.51103346
File: 787 KB, 1162x603, pnk-rsr.png [View same] [iqdb] [saucenao] [google]
51103346

>>51103065
>>51103118

>> No.51103364
File: 147 KB, 474x550, 1606094345595.png [View same] [iqdb] [saucenao] [google]
51103364

>>51103118

>> No.51103387
File: 99 KB, 957x543, blockchain-strategy.jpg [View same] [iqdb] [saucenao] [google]
51103387

>> No.51103400
File: 210 KB, 1811x438, doge.jpg [View same] [iqdb] [saucenao] [google]
51103400

>> No.51103405
File: 119 KB, 1000x1003, 20220611_004812.jpg [View same] [iqdb] [saucenao] [google]
51103405

>>51102560
Legit 2017 oldfag (check address is udiwertheimer dot eth). Long remilio & milady & nftfi in general.

>> No.51103421
File: 231 KB, 1420x1302, 56435874758567.png [View same] [iqdb] [saucenao] [google]
51103421

>> No.51103429
File: 677 KB, 1238x942, 1639372339976.png [View same] [iqdb] [saucenao] [google]
51103429

>> No.51103439

>>51102560
u;re gae lmoa

>> No.51103492

I'm buying 1 LINK per day until I've sold everything else and only have LINK. I might get a job too. Haven't worked in a couple years

>> No.51103500

>>51103006
Yeah I don't think biz reads twitter at all. I agree with most of these.

>> No.51103508
File: 887 KB, 2250x3000, 23567548748.jpg [View same] [iqdb] [saucenao] [google]
51103508

I thought I had more, would start branching into redpills, /sig/, LINK crumbs etc

>> No.51103593
File: 52 KB, 1200x675, 63124763-1CF4-4FF1-9105-7D7BD18A488C.jpg [View same] [iqdb] [saucenao] [google]
51103593

>>51102560
Don’t ask me, I just followed a schizo strat by buying anything that starts with an M

Monero, Maker, Matic, Mithrilverse, etc.

I’m collecting so many shitcoins now but that’s okay. The overall market always lifts my portfolio come bullrun and one of them always explodes 10,000% to the upside.

>> No.51103618

>>51103593
Oddly enough, schizo strats like these seem to be more profitable than my more deliberate due diligence plays. Insert that story about picking stocks out of a hat being more profitable than professional traders.

>> No.51103649

>>51103405
>milady
i thought it got fudded hard

>> No.51103664

>>51103304
No actually every last person here already dca’s or “treats crypto as savings”, this is not Facebook. You’re really dumb

>> No.51103685

>>51102560
I don't care about shitcoins. The move is accumulation throughout 2022 expect to start seeing returns in ~300 days. I'm pretty sure we're close enough to the bottom for my comfort. Every measure is screaming to start buying.
This cycle I would not buy btc but eth instead. If you have other favorites that's on you. Returns are better in eth and it remains well correlated to btc which at this stage is lackluster in comparison. Make the most of these cycles they will not go on forever.
>>51102635
It's in. RSI <45. Crushed multiples. Price back near previous cycle high. Even order books. 600 days out from halving. Now's the time guy simple as

>> No.51103750

>>51102650
Get some GMX

>> No.51103765

everyone here is claiming to be an oldfag but i haven't seen any mention of the one chain that is far ahead of the pack tech wise.

>> No.51103787

>>51103685
Why buy eth when it’s about to undergo a huge lindy effect reset

>> No.51103796

>>51103649
Was part of the plan, all made up and I think the next wave is gonna be even bigger - remilio one to be watched.

>> No.51103809
File: 25 KB, 640x480, 51962235_2246585992091280_3127210360172445696_n.jpg [View same] [iqdb] [saucenao] [google]
51103809

I'm trying to be smarter with my money because I haven't invested anything and I've just saved all of my money for the past 4 years.

How do I actually get smart enough to know what I'm doing. Watch documentaries, I was hoping there would be a sticky here.

>> No.51103858

>>51103809
Search archives for books. Lurk hear.
Basically split your income into three categories, expenses, savings, investment. Figure out your expenses and then decide how much % you want to invest and save. 50/50 split is fine. 90/10 is fine. It's up to you.
As for what you're sitting on, I'd but Bitcoin, ETH and LINK with however much you're comfy with 1/3 each. But again do what you're comfortable with.

>> No.51103862
File: 123 KB, 900x629, 1655701140546.jpg [View same] [iqdb] [saucenao] [google]
51103862

>>51102560
I've based all my buying on this 100 year old meme chart. In Q3 2023 I'm going to go all in on Shiba Inu

>> No.51103902

>>51103787
I'm not worried about it. You have plenty of time if you want to give it a month, even two, and see what happens. But in the meantime I would still be earmarking cash. Why buy eth because the returns are superior on a similar curve to btc. I still have and am buying btc however. I'm just buying more eth. If you built your position at this time in the previous cycle you would've done about 10x in btc and 20x in eth. I like 20x more than 10x.

>> No.51103919

>>51103065
Abu Dhabi's favorite bidet

>> No.51103931

>>51103006
Where do you keep up with this shit? I literally haven't heard about any of these coins/chains you've mentioned. Only thing I am in tune with is the zk rollups and ccip obv.

>> No.51103973

>>51103858
I will keep that in mind.

Are there any resources, online wikis or literature specifically you would recommend specifically?

>> No.51103984

>>51103421
This is bad advice. If you focus too much on self improvement you'll lose sight of buying bitcoin. There has never been a better form of money, and never will be. Whatever you're doing, if you're thinking about investments, you probably have some form of income. Odds are, you would be better off staying in the same place and just using bitcoin instead of dollars. Your life will get better.

>> No.51104006

>>51103931
Just follow tons of devs and academics on Twitter after being in crypto for 5 years. You end up going down a huge number of dead ends and learning a lot of shit that turns out completely irrelevant, but I avoid the influencer side of things like the plague because they’re all vested interests and i generally know more than most of them anyway.

>> No.51104084

>>51102560
2012 oldie here, already made it. 90% in eth since the bottom, 10% in eth ecosystem tokens like rpl, ssv, lido, swise, uni, boba
I'm going to sell around the merge and wait for a dump then rebuy. After that I'll hold until the next top.

>> No.51104200

>>51103196
Bitcoin is the safety net and you're financially illiterate.

>> No.51104208

>>51102560
>what are your crypto strategies going into the rest of 2022 and 2023 before the next btc halving?
Accumulate.

>> No.51104237

>>51103931
It's a shill, anon.
Don't be new.

>> No.51104246

>>51103196
>east coast
>Beaches.
Lmao, enjoy taxes.

>> No.51104363
File: 481 KB, 1080x1088, Screenshot_20220129-062817_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
51104363

Check my first txs tracing back to 2017 etherdelta days faggots.
Copytrade me and go heavy on milady and remilio as the 10th september rave in london is gonna be LIT.
Buy erc20fied miladys and remilios on nftx if you want as I do. Buy now and get a cheaper price than Flood and Kbar (biggest whales).

>> No.51104367

>>51104237
Yeah the old shilling for 15 projects at once, half of which don’t even have a token. Classic move.

>> No.51104373

>>51104363
Still udiwertheimer dot eth pajeets

>> No.51104477

>>51104006
Can you give us specific people to follow anon?

>> No.51104556

>>51102560
for me, Allianceblock got some mindblowing products, and I'm trying to wrap my hands around it for now... Also add some more ALBT to my bag.

>> No.51104563

>>51103006
What is a "Move L1"?

>> No.51104608

>>51103973
Depends how new you are. I think Barefoot investor is a good place for someone coming in with zero knowledge. Just apply the stock advice to crypto.
Problem is crypto is so new and there really isn't any good resources. There is so much bullshit put out by grifters. You're better off just lurking here. Making threads when you have questions. Despite the wall to wall shit sligning, there is always an anon willing to help.

>> No.51104617

>>51104608
Also he shills buying a house but I wouldnt do that rn.
Martin Schikelli has a good take on renting vs buying
https://youtu.be/YE9qb1Nhw4A

>> No.51104739

>>51102598
yeah the strategy never changes

>> No.51104784

>>51103405
based remilio appreciator

>> No.51104787

>>51102560
For now, I just keep enjoying the yields from my staked USDC on spool, nothing more.

>> No.51104857
File: 33 KB, 256x256, communityIcon_f48926fowah61.png [View same] [iqdb] [saucenao] [google]
51104857

>> No.51104925
File: 4 KB, 220x122, download (32).jpg [View same] [iqdb] [saucenao] [google]
51104925

My story with chainlink begins in 2004. Someone told me something on a phone dating Chatline. I feel God will show me a sign when it's time to share my story.

>> No.51105012
File: 145 KB, 1080x1394, IMG_20220826_124522.jpg [View same] [iqdb] [saucenao] [google]
51105012

>>51104857
you're joking right

>> No.51105064

>>51102560
> im looking for someone who has admittedly wasted the last 5+ years on this childrens cartoon forum to take financial advice from
brilliant move, retard

>> No.51105183
File: 24 KB, 577x531, pepe sweating.jpg [View same] [iqdb] [saucenao] [google]
51105183

>>51102560
>november $87,00 (eighty seven dollars zero cents)
>didn't specify year
Uhh, btcbros I don't feel so good

>> No.51105208

>>51105012
find out in a few weeks anon ;)

>> No.51105232

>>51103685
>Crushed multiples
what do you mean smart anon?

>> No.51105241

>>51105208
what's happening in a few weeks?

>> No.51105245

>>51103196
I'm getting the fuck out of this country if I make it

>> No.51105261

>>51103006
>GMX is the blue chip DeFi of next cycle, with “real yield” being the new buzzword (assuming FTX doesn’t kill it somehow)
Based, you’re gmi

>> No.51105356
File: 39 KB, 225x534, 1655094556476.gif [View same] [iqdb] [saucenao] [google]
51105356

>>51102687
there will always be light after darkness

>> No.51105448

>>51103026
Follow a mad man's advice can cost you a life's fortune.

>> No.51105483

>>51102560
BTC ETH XRP QANX

>> No.51105530

>>51104084
you reckon the market cycle bottom is in?
also, for poorfags, is there a point in btc?

>> No.51105622
File: 2 KB, 125x90, 1659366145215516s.jpg [View same] [iqdb] [saucenao] [google]
51105622

>>51102560
This ain't for faggots bitch, Whenever a particular validator wins the validation process, the Validator also receives all the coins as rewards from the issuance pool.

>> No.51105627

>>51103006
>>51105261
dont forget GNS

>> No.51105637

>>51102884
I'm an actual oldfag who's actually made money

ditch all your altcoins. They will all be considered old gen next bull market and will either die or underperform. Get newer gens ones

>> No.51105664

>>51105637
Old wine taste better dude, just like ETH BTC

>> No.51105734
File: 2 KB, 125x125, 1659419405717445.jpg [View same] [iqdb] [saucenao] [google]
51105734

>>51105664
Fucking idiot, ETH becomes sour with high gas fee whereas I can sip my chill whisky and still enjoy enterprise-ready transaction speed and 80% faster implementation than other blockchains.

>> No.51105749

>>51104925
Based chatline bro. I hope you make it.

>> No.51105751

>>51105356
Crypto Is dead and has no light, fuck off

>> No.51105775

>>51102687
So a little game theory based on that (for my low IQ comrades out there):

>You buy bitcoin and it succeeds: You become rich
>You don't buy bitcoin and it succeeds: You become poor
>You buy bitcoin and it fails: You become poor
>You don't buy bitcoin and it fails: You become poor

>> No.51105789

>>51102604
If X can sell his BTC to Z for $10 then the market cap is $20, which is a safe assumption in an actual market and not an example with only two participants.

>> No.51105791

>>51105622
You're gonna die poor if you're waiting to make it in life as a validator.

>> No.51105860

>>51105775
Poor Asians cannot afford BTC, they opt for shitcoins, when they get hacked that's the end of the road so nowhere is safe.

>> No.51105931

>>51102560
Hold and stake XCM (not that I have much choice). Keep faith in ETH, LINK ahead of staking. Keep on hoovering up cheap KDA.

Other than that, finalise the plans for my lucrative brappista place on the beach.

>> No.51105959

>>51105860
Pajeet, Lattice-based post-quantum cryptographic algorithm implemented in Rust programming language could this century's saving grace for shitholes who's scared of throwing in the towel.

>> No.51106010

>>51103984
How is it bad advice? You can do all that whilst buying Bitcoin. Hell you should be already. It's a basic guide to not being a fuck up really.

>> No.51106043

>>51104563
Ex Facebook staff (who worked on Facebook’s crypto, Diem) are trying to launch L1s in a new programming language, called Move.
They are basically cynical cash grabs. They are called Aptos and SUI and Aptos is already valued at $3 billion from venture capital investment alone. There is literally no reason for a valuation anywhere near that.

>> No.51107625

>>51105627
You see more upward potential than with GMX?