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56669059 No.56669059 [Reply] [Original]

I believe we are on the verge of it and we need to be taking profit at these levels. I expect a withdrawal to 30-31K levels before we start the exponential growth.

What does /biz think?

>> No.56669088

>>56669059
I thought so too, except 18 hours ago BTC started rising.

>> No.56669094

up only, midwits like OP want to sell, bears will get FUCKED

>> No.56669137

>>56669088
Is it because of the CPI?
I thought Blackrock shitting on stablecoins would pull the price down more?

>> No.56669144

>>56669059
You don't know wtf you are talking about OP, suck a dick

>> No.56669197

>>56669059
I'm just not gonna sell before 1mil.

>> No.56669256

>>56669137
you dudes are boderline delusional....4 fucking solid years of quarterly interest rates hikes have not curbed inflation in the latest....and you think le tether fud is going to crash the market.
the only move the central banks have is constant printing.

>> No.56669302

>>56669094
Up only NOW. Later, who knows

>> No.56669477

>>56669094
>>56669088
>>56669144

you guys shouldn't invest. You will lose your kids college funds lel

>> No.56669590

>>56669088
Haha, always doing the opposite of what people want.

>> No.56669617

>>56669256
Nothing that can come from the crypto will crash the economy. Crypto is not that big yet

>> No.56669680

>>56669144
OP might be wrong now, but it's good to take some profit because we can't actually keep pumping and the next leg down might be more serious than we expect

>> No.56669717

>>56669680
What to do with the profits?
> Buy the dip
> Spread to new altcoins
> DCA
> Stake and wait

So many fuckin options

>> No.56669718

>>56669094
>>56669088
>>56669144
>>56669197
Good luck watching it all melt away. Well, maybe not al kek

>>56669477
wellsaid

>>56669680
That's my point!

I mean we can still buy when it's 1K higher and catch the rest of the wave if need be. But I don't wanna experience the correction myself. I prefer to watch it from a safe distance and then get back again

>> No.56669733

>>56669137
The CPI is in favor of the market direction, so I'm expecting us to keep going up, and its Upvember after all so I'm not expecting any retracement this month

>> No.56669779

>>56669197
We have someone willing to hold for the next 20 years.
I bet your grandchildren will be mad at you for not taking profit when others are doing and reinvesting in every bear market

>> No.56669827

>>56669717
Profits should be going into lesser risk investment like staking as stables for passive income instead of rushing to buy new alts that might get dumped

>> No.56669907

>>56669094
We are still in a bear market, so bears might be right

>> No.56669950

>>56669059
>>56669059
BTC/ETH just got started but You can take profits off risky plays. You're better off remaining in stables now rather than going all the way down with these tokens. Can even commit these stables to do some work and bring in more profits.

>> No.56669957

>>56669827
Where to stake? All the stable APYs are shit

>> No.56669975

>>56669718

I agree with OP. We will see the retrace.

Not tomorrow but soon. I will wait to see 38K again and then will sell a biiig chunk, stake in my own spool vault with a my choise of a stable and bluechip bundle, wait for 30-31 levels, buy back in

>> No.56670034

>>56669717
> Spread to new altcoins
Spreading to new altcoins doesn't sound like a smat move because that new coin can go anywhere. You're better off spreading it across stables which you can leverage on Defi for yields or just buy bluechips and wait for the bullrun when everything goes up before buying these new altcoins

>> No.56670052

>selling bitcoin
wtf r u doing, just close your computer and live your life and let your bitcoin grow

>> No.56670067

>>56669827
Be sure to stake on a platform with proper risk management in place or else you're worse than those moving into memes in a bear market because a single slip can make you lose it all from a supposedly safer investment strategy. No need to be clowning now. I'll pick yield aggregators over single yield generators for this reason.

>> No.56670095

>>56669957
>All the stable APYs are shit
Either you're an oldfag that hasn't come around for a while or a newfag looking for yields in the wrong places; either ways still a dumb fag though.
I get around 15-25% yields for staking my stables on SpoolFi smart vaults and these are not the pools with the highest APRs. I bet there are other Defi platforms offering similar this much yields too for stables but you're too dull to see them.

>> No.56670096

>>56669957
The 10-15% APR on SpoolFi isn't shit to me

>> No.56670154

>>56670095
you stupid fuck, those numbers are not actual APYs but incentives with native token emissions. you don't know jack shit about what you're talking

>> No.56670160

>>56669590
The opposite this time should be a leg down, so get prepared for it or watch your profit disappear

>> No.56670172

>>56670096
Yeah go find something with %1000000 and get fucked

>> No.56670247

>>56669717
Obviously to buy the dip until we get to the peak of the bull market

>> No.56670945

>>56669088
The same goes for QANX as well, I'm looking forward to a 2X pump soon this

>> No.56670982

>>56669950
Market moves together. Blue chips may get effected less but they will.
Taking profit off to stake stables, via Spool to diversify the risk in my case, is the best option if you wanna take profit at all

If you wanna ride whatever wave that comes, be my guest...

>>56670154
Some people cannot even tell apart APY and APR, go easy on them

>> No.56671257

>>56670982
You stake only stables on this shit that you're shilling?

>> No.56671282
File: 65 KB, 660x574, 1672837914874047.png [View same] [iqdb] [saucenao] [google]
56671282

>>56670945
It's this the quantum-resistant blockchain

>> No.56671470

>>56670095
>25%
It gives me LUNC vibes

>> No.56671608

>>56671470
A terrible, yet striking example. Though most part of those APYs are coming through incentive tokens, whichever they are. The base APY for the stablecoins are a lot less.

>> No.56671693

>>56671608
No surprise since they are directly routing the funds to Curve, Compound, Convex, Aave, etc

>> No.56671712

>>56671282
It's trending now, I think it is high time most projects start planning to migrate to quantum-resistant blockchains

>> No.56671727

>>56670154
Incentives or not, that's what the depositor gets at the end of the his investment period. Even the non-incentive zed pools have APRs up to 8%(better than what traditional banks offer)

>> No.56671752

tech startup donation certificates (ticker: LINK) are losing value

>> No.56671777

>>56671470
Better to dyor before coming out to state your ignorance. Sure you've been schooled appropriately on having Incentivized pools also counting as total yields.

>> No.56671784

>>56671257

Do you think stable staking is not a good enough selling point?

>>56671470
Quick to judge. 25% is not that big of a deal, you can't say Luna to that

>> No.56671798

Admit it. Yield farming and staking is dead for the upcoming 2 years

>> No.56672005

>>56671693
Opting for only the top tier defi yield generators as their risk strategies was one of the major green flags that caught my attention.

>> No.56672051

>>56671798
There's nothing to admit here. Yield farming kept me afloat during the peak bear and if it could do that for me, it definitely did same for a lot others. So how's something as juicy and rewarding as that dead? Y'all complained about sustainability when pools were having up to 10000% yields; it's more refined and realistic now but y'all still complaining. Smh

>> No.56672055

>>56669059
i think you should kill yourself, you weak handed faggot OP

>> No.56672293

>>56671784
Most projects are more advanced than that and even the project you are talking about will have multi asset vault very soon, so I guess you've not been keeping up

>> No.56672403

>>56670172
This is why I miss DeFi season when that APR was the goal.
Now we have to go for real yield projects where the yields are sustainable but small

>> No.56672462

>>56670247
Investing without saving for emergencies is bullshit, so it's best to stake the profit IMO

>> No.56672501

>>56671727
DeFi makes life easier, and seeing the rewards that it offers I still don't know the reason why some people still decide to stick with CEXs and TradFi

>> No.56672571

>>56671693
Doing this will help reduce the risk of exposure to these protocols

>> No.56673609

>>56672051
This is correct, I have many people around me including me. It helpt me a lot during the bear.

>> No.56673621

>>56672293
Can't wait to start my ETH staking journey on it. It'll have one of the best decentralized framework for ETH staking and that should give it a lot of traction.

>> No.56673657

>>56672501
Its no news that CEXs have relatively better UIs and less complex interface for users; so every new user would be comfortable using a CEX as a portal of entry into crypto. But lately, Defi has got huge improvements in that area and making the onboarding process a lot more easier. Came across snippets for the new website of one of the top tier yield aggregators and its a pure work of art. Can't wait to fully explore it when they launch it.

>> No.56673695

>>56672571
Remember the Euler hack that occurred months ago? That was the perfect litmus test for the functionality of its risk diversification plan. I think I had only about 4% of my assets exposed(until they were returned); users of other yield protocols had up to 100% exposure in some instances.

>> No.56674882

>>56673609
>>56672501

Yeah but staking stables is no different then putting your money in a bank anymore...
The yield is too little, the risks are too high...
What's the point then?

>> No.56674946

>>56674882
Have you gone through the conversations on this post at all? If you've done that but still maintain this view, then you can't be redeemed. I haven't utilised my savings account for any savings for over a year now because of the much better services I get from a Spool, a Defi middleware. Better yields, improved flexibility of assets and improved security

>> No.56675112

>>56674946
What's better? I check it and it says 5% stable yields..

I mean yeah, they also give like 15-20% of other tokens as incentivization, like SPOOL you mention...
Do we believe that this token will boom and make it count?

>> No.56675307
File: 302 KB, 2122x1100, Screenshot 2023-11-15 at 23.27.09.png [View same] [iqdb] [saucenao] [google]
56675307

>>56675112

>> No.56675318

>>56675307
>>56675112
Looks like they are doing well. I wouldn't mind cumulating some on top of stablecoin yields

>> No.56676103

>>56675112
If you are comparing defi yield farming with banking your money then we have nothing to talk with you

>> No.56677096

>>56674882
You can mitigate the risks man. Study that shit a bit. People gave million tips aboe there