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Cryptos

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  • kentaddick
    kentaddick Posts: 18,729
    I worked in financial services all my life as a Bank Manager and then a Financial Adviser.
    Welcome to the new world! Time to leave the medieval ages behind you!
    Please don’t offend their 0.5% interest rate savings accounts. 
  • cabbles
    cabbles Posts: 15,254
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
  • kentaddick
    kentaddick Posts: 18,729
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    The macro chart looks bad. Don’t do it. 
  • AndyG
    AndyG Posts: 5,905
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    Yup and its up 26,000 % in the last month. Forgive my ignorance but IF you had bought say £100.00 of these  a month ago could you just hit the sell button and cash in or does it depend on someone on the other end wishing to buy
  • kentaddick
    kentaddick Posts: 18,729
    AndyG said:
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    Yup and its up 26,000 % in the last month. Forgive my ignorance but IF you had bought say £100.00 of these  a month ago could you just hit the sell button and cash in or does it depend on someone on the other end wishing to buy
    It ultimately depends on some one willing to buy or sell what you’re selling or buying. Although most people in crypto don’t need to worry about that. But yeah if you’re sitting on a 26,000% increase from £100 you’d need exit liquidity. But again, that’s only if you’re trading huge position sizes on low market cap tokens/coins.
  • cabbles
    cabbles Posts: 15,254
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    The macro chart looks bad. Don’t do it. 
    This is holding me back. I’m happy with the last couple of weeks in terms of profits, I think I may just look to put some of that back into something like SOL
  • BigRedEvil
    BigRedEvil Posts: 11,069
    I brought some Shiba about £20 worth a couple of weeks back on hotbit. Which is now offline lol
  • reserves
    reserves Posts: 795
    I’ve held a smallish bit of Bitcoin and ETH for a couple of years. 

    It’s gained 40% or something in the last 10 days, about £3k today, crazy. 

    I’ve not taken any money out, kinda damned if you do, damned if you don’t. Thinking of taking a bit out. 

    Any thoughts on if ETH can continue it’s crazy rise?
  • kentaddick
    kentaddick Posts: 18,729
    reserves said:
    I’ve held a smallish bit of Bitcoin and ETH for a couple of years. 

    It’s gained 40% or something in the last 10 days, about £3k today, crazy. 

    I’ve not taken any money out, kinda damned if you do, damned if you don’t. Thinking of taking a bit out. 

    Any thoughts on if ETH can continue it’s crazy rise?
    Yes. Although will probably cool off and Bitcoin will make a climb imo for the next couple of weeks.
  • cabbles
    cabbles Posts: 15,254
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    The macro chart looks bad. Don’t do it. 
    Spot on mate, good call 
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  • kentaddick
    kentaddick Posts: 18,729
    cabbles said:
    cabbles said:
    Something called Shiba Inu up 452% today

    I’m thinking about throwing something on Doge now given all this furore about Musk being on SNL.  Be too easy though, can just as easily see it going the other way 
    The macro chart looks bad. Don’t do it. 
    Spot on mate, good call 
    Learn about divergences and Go through the higher time frames, from 4hr, 1day to 1week charts. The higher the time frame the more powerful the signals are. 

    For instance, Siri please show me a blow off top chart:


  • kentaddick
    kentaddick Posts: 18,729


    Plz
    Didn’t really come off but there’s bullish divergence in zil/ETH so staying in zil for the next few days imo 
  • Callumcafc
    Callumcafc Posts: 63,757
    #DogeToTheMoon literally
  • Bought iExec last night when it was going through the stratosphere, on a (costly) whim. Paid £12.50 a coin, now sitting at £7.30...oops! Went to bed on it about level dreaming of buying Charlton from Thomas. Hmm.
  • kentaddick
    kentaddick Posts: 18,729


    Plz
    Didn’t really come off but there’s bullish divergence in zil/ETH so staying in zil for the next few days imo 
    Had a nice pump overnight, now sold and bought ETC, looks like it’s bottomed out on the 4hr ETC/ETH chart
  • BrentfordAddick
    BrentfordAddick Posts: 1,460
    I read this thread on Friday, bored at work. Bought Ethereum or whatever, spent £100. After costs, if I sold today, I would be £6.31 ahead. Decent. Mad, but decent.
  • kentaddick
    kentaddick Posts: 18,729
    I read this thread on Friday, bored at work. Bought Ethereum or whatever, spent £100. After costs, if I sold today, I would be £6.31 ahead. Decent. Mad, but decent.
    still a good point to buy ethereum imo. This summer the price will take off once the london update is implemented, which will turn ethereum from an inflationary token (unlimited supply) to a deflationary one (ethereum will be burned with every transaction) as well as moving to proof of stake. This will put the price into a different stratosphere. The recent berlin update seems to be behind the recent uptick in price as gas fees have gone down significantly. Of course, this is also brilliant for other ERC20 altcoins. 
  • BrentfordAddick
    BrentfordAddick Posts: 1,460
    Thanks @kentaddick
  • CAFCsayer
    CAFCsayer Posts: 10,223
    Just bought TRIAS... relatively small cap and looks to have a decent team behind it.
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  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    Just bought TRIAS... relatively small cap and looks to have a decent team behind it.
    very decent looking team, they're moving it over to BSC by the looks of it? 
  • cafcpolo
    cafcpolo Posts: 3,811
    Anyone had a punt with shib? 😂
  • cabbles
    cabbles Posts: 15,254
    Here we go again.  Big plunge 
  • cabbles
    cabbles Posts: 15,254
    Yet Shiba up 100% odd.  Glad I took some profit out the other week.  It will bounce back though 
  • cafcpolo
    cafcpolo Posts: 3,811
    cabbles said:
    Yet Shiba up 100% odd.  Glad I took some profit out the other week.  It will bounce back though 
    All the loons saying it's the next Doge. Expect it to go nuts for a bit now its on binance.

    I may or may not have used some of my zil rewards from this morning to purchase 150 million 🤣
  • cabbles
    cabbles Posts: 15,254
    Haha - well, get in, get out.  I wonder how far btc will drop.  Took a few with it as well.  Link got a chunk taken out 
  • cabbles
    cabbles Posts: 15,254
    cabbles said:
    Here we go again.  Big plunge 
    Well, comparative to the last few weeks 
  • AndyG
    AndyG Posts: 5,905
    I'm starting to think Elon is pissing himself over dodge he talks positive and it flies he says something negative it sinks. Manipulating the price perhaps ?
  • BigRedEvil
    BigRedEvil Posts: 11,069
    cabbles said:
    Here we go again.  Big plunge 
    Apart from Shib B-) 
  • Callumcafc
    Callumcafc Posts: 63,757
    Doge taking a post-SNL beating. 

    Lots of hate being thrown it’s way by Barry Silbert (CoinDesk) and Changpeng Zhao (Binance) who are doing everything they can to tank the price.