I'm a Cryptojew AMA - watch me trade (sometimes poorly)

[CrunkLord420]

Wow so the only advice you have is dodgecoin tbh im a little dissapointed in your advice. Can we see your investments? Whats in your wallet

My advice for new people is to buy BTC, just BTC. That's it. You'll need to buy BTC to get into anything else, anyways. I like XMR because it's legitimately useful. Most altcoins are effectively gambling, but take note how XMR keeps it's value relative to BTC unlike nearly all other altcoins.

Telling you to go buy shitcoinX is just pumping, and anyone telling you to buy NEO or stinky linkies are just pumping. If you want to gamble go play Bust-A-Bit and you'll waste less time staring at charts. The basis of any crypto portfolio is at least 60% BTC, then "blue chip alts" (anything consistently in the top 10 of volume). If you want to buy ultra shitcoins do so with less than 10% of your crypto portfolio, you're playing the penny stocks, you may as well just buy a tiny bit of everything and hope one of them goes 10x, or just play bust-a-bit like I said.

My portfolio is mostly BTC and XMR, I trade other altcoins as well, but I have no real loyalty to them. I am specifically careful not to mention /biz/-tier ultrashitcoins because that is shilling and pumping I and don't want to get a reputation for that sort of thing.

I'm in a margin position right now for a coin I haven't mentioned in this post, and I won't because I don't want people following my trading advice because I might be wrong, and it can lead to accusations of coordinating pumps. Also many traders will not disclose their current positions because it opens them them up to issues with counter-traders and front-runners. Be suspect of anyone shilling their own positions.

PS. don't talk shit about DOGE, it's gone 3x over the past several months. It's blown most altcoins out of the water, including shit like Bcash.

 

[Skeletor]

Can we see your investments? Whats in your wallet

I'm 95% invested in boring-ass normie stocks and bonds. If you want to bet on crypto, go ahead, but realistically this is an incredibly volatile space and no one here can predict what will happen. BTC might go to 20k tomorrow, it might go to 1k.

I was kidding about Dogecoin, but really go ahead and put some money into BTC if you like but be prepared to lose it all or else go to the moon. I don't know what your risk tolerance is so it's hard to give real advice.

 

[neger psykolog]

My advice for new people is to buy BTC, just BTC. That's it. You'll need to buy BTC to get into anything else, anyways.

If people have to ask what they "should" buy then crypto isn't for them (besides buying BTC).

If you listen to anyone shilling coins you're going the wrong way about it.

 

[Leo Bonhart]

I'm in a margin position right now for a coin I haven't mentioned in this post, and I won't because I don't want people following my traDing advicE because I might be wroNg, and iT cAn lead to aCcusations of cOrdINating pumps.
View attachment 391947

Check mate.

 

[CrunkLord420]

I just wanna rub it in and say XMR annihilated the rest of the altcoins today, relative to BTC, while BTC is going up relative to the USD.

I took profit already, so this isn't a signal to buy or anything. Just rubbing it in.

 

[LastOfTheMohicans]

Why does anyone trade a cryptoUSD pair that isn't LTCUSD, ETHUSD, and BTCUSD? It feels obvious to me that if you're in on a shitcoin the tradingpair should be shitcoinBTC, or one of the other two options.

I sincerely don't get it.

:powerlevelHe says, while not actually being a trader himself) :powerlevel:

 

[CrunkLord420]

Why does anyone trade a cryptoUSD pair that isn't LTCUSD, ETHUSD, and BTCUSD? It feels obvious to me that if you're in on a shitcoin the tradingpair should be shitcoinBTC, or one of the other two options.

I sincerely don't get it.

:powerlevelHe says, while not actually being a trader himself) :powerlevel:

I mean you're not really wrong. The smaller the shitcoin the less likely it will even have a USD pair. XMR behavior unlike pretty much any other coin in it's marketcap area when it comes to doing shit while BTC's price moves up. I've pointed this out before.

A not-so-secret about Monero's price is that it's pretty detached from USD pair, it does it's own thing on the BTC charts. Monero is going up while BTC is mooning near $10k.
View attachment 322247

Today:

 

[CrunkLord420]

still holding a short, I don't think we've hit major liquidations yet.

 

[CrunkLord420]

closed here on the second trip down, we're oscillating and buyers just ate through a 2500 XMR sell wall. Long opened to catch the stop-losses that will trigger as we retrace upwards.

 

[LastOfTheMohicans]

I'll be real here.

About half the reason I don't hold XMR at this point is because I'm a paranoid fuck and don't want to hold crypto on anything but my hardware wallets, and none of the ones I own support XMR yet.

 

[CrunkLord420]

I'll be real here.

About half the reason I don't hold XMR at this point is because I'm a paranoid fuck and don't want to hold crypto on anything but my hardware wallets, and none of the ones I own support XMR yet.

Soon™: https://www.reddit.com/r/Monero/comments/820uee/ledger_hardware_wallet_monero_integration_some/

Got both sells and buy maker orders filled in my sleep. BTC just jumped up and XRP/ETH took a hard tumble while XMR is maintaining it's value. Welcome to my trade journal where you watch me get rekt.

 

[CrunkLord420]

went short here, BTC is looking droopy.

 

[CrunkLord420]

closed half my short here

Spoiler: no sleep

 

[CrunkLord420]

Increased short position just above where I took profit, basically eating fees.

 

[CrunkLord420]

Took some profit, probably too early. Slow bleed. Nothing crazy, yet. I won't be happy until a huge fuck-off red candle tbh.

 

[CrunkLord420]

Just waiting for the brutality.

 

[neger psykolog]

Just waiting for the brutality.
View attachment 402347

today not a fun day

 

[CrunkLord420]

dump it

 

[Skeletor]

Is Bitcoin died?

 

[CrunkLord420]

Is Bitcoin died?

No, we're just going to kill some people and take their bitcoins.