Cryptocurrency trading strategies and updates

[sweep_shot]

I have shares in some companies depending alot on BTC, one of them have close to 6K BTC, so I feel the heat when it's down. But will be good in the long term, In sha Allah.

I see.

I also have investments in Bitcoin. 85% of my crypto investments are in Bitcoin, Etherum, and Solana. I distributed the other 15% in 16 smaller coins.

 

[IAJ]

More hammering for Crypto today as well. Meta also sent down over 11%.

 

[JaDed]

@big_gamer007 are you still into crypto, you are the only i feel who made good money lol

 

[Bhaag Viru Bhaag]

@big_gamer007 are you still into crypto, you are the only i feel who made good money lol

Yes, he is.

 

[aboveandbeyond]

Most people who invested Pre Covid in General made alot of money

 

[Cover Drive Six]

@big_gamer007 are you still into crypto, you are the only i feel who made good money lol

@pillionrider also mentioned a couple of times about his investments in crypto.
I haven’t studied that yet, I am only investing in traditional stocks for now.
But crypto seems quite volatile.

 

[pillionrider]

@pillionrider also mentioned a couple of times about his investments in crypto.
I haven’t studied that yet, I am only investing in traditional stocks for now.
But crypto seems quite volatile.

rekt. I'm a memecoin enthusiast and if you know how that plays out, you will know the insane highs and lows. I've seen half a million of realized gains turn to less than a $1000 over the course of a couple years. And another half a million that I never cashed out because I'd worked for those projects and felt guilty and emotional to sell lol.

Just buy bitcoin, if you really want to and especially if you have a wife and kids. The trauma and suffering isn't for everyone

 

[IAJ]

It must be one of the worst Octobers for crypto that I can remember. October is usually referred to as "Uptober" due to its historically bullish trends, but 2025 didn’t live up to that reputation. Let’s hope for a strong recovery starting tomorrow and a bullish run through the rest of the year.

 

[sweep_shot]

It must be one of the worst Octobers for crypto that I can remember. October is usually referred to as "Uptober" due to its historically bullish trends, but 2025 didn’t live up to that reputation. Let’s hope for a strong recovery starting tomorrow and a bullish run through the rest of the year.

Yeah. I think so.

Then again, we have to take a look at cryptos with a long-term goal. The big coins are all long-term coins.

 

[sweep_shot]

I have decided to add a bit of SEI and Pyth. Very small amounts.

Here is my current crypto portfolio:

Current Portfolio Allocation​

Coin	% of Portfolio
BTC	63.8%
ETH	11.1%
SOL	10.8%
XRP	2.9%
HBAR	1.1%
AVAX	1.1%
LINK	1.0%
SUI	1.3%
ALGO	1.0%
ADA	0.7%
QNT	0.5%
SEI	0.5%
LTC	0.5%
DOT	0.3%
XLM	0.3%
GRT	0.4%
OP	0.2%
ARB	0.2%
PYTH	0.2%
RENDER	0.1%
JASMY	0.1%

 

[sweep_shot]

I have decided to add a bit of SEI and Pyth. Very small amounts.

Here is my current crypto portfolio:

Current Portfolio Allocation​

Coin	% of Portfolio
BTC	63.8%
ETH	11.1%
SOL	10.8%
XRP	2.9%
HBAR	1.1%
AVAX	1.1%
LINK	1.0%
SUI	1.3%
ALGO	1.0%
ADA	0.7%
QNT	0.5%
SEI	0.5%
LTC	0.5%
DOT	0.3%
XLM	0.3%
GRT	0.4%
OP	0.2%
ARB	0.2%
PYTH	0.2%
RENDER	0.1%
JASMY	0.1%

I am thinking of trimming BTC a bit and distribute it to other coins. That way I can diversify a bit more. Bitcoin currently occupy around 64% of my portfolio.

Anyway, haven't decided yet. Giving it a thought. It is tempting either way.

 

[big_gamer007]

@big_gamer007 are you still into crypto, you are the only i feel who made good money lol

Yes, I still am in crypto.

I was lucky enough to make money off a ponzi/scam project called Drip. I got in early and had few people join under me who invested big and i made over a million from there before the scam ran out.

I took hits as well in some scam projects and the entire USD/FTX scam, I had some good money in stable coin farms which went broke.

Now I have invested mostly in tier 1 crypto bluechips (btc and eth) and have some in tier 2 (sol, ada, bnb etc). I still gamble on ponzi/scam DeFi projects on BSC but I only keep like couple hundred dollars for those scam plays.

Overall I can’t complain, crypto made me good money which I couldn’t have made with 9-5 jobs or stocks.

 

[Technics 1210]

Most people who invested Pre Covid in General made alot of money

Hindsight is a wonderful thing.

 

[pillionrider]

Yes, I still am in crypto.

I was lucky enough to make money off a ponzi/scam project called Drip. I got in early and had few people join under me who invested big and i made over a million from there before the scam ran out.

I took hits as well in some scam projects and the entire USD/FTX scam, I had some good money in stable coin farms which went broke.

Now I have invested mostly in tier 1 crypto bluechips (btc and eth) and have some in tier 2 (sol, ada, bnb etc). I still gamble on ponzi/scam DeFi projects on BSC but I only keep like couple hundred dollars for those scam plays.

Overall I can’t complain, crypto made me good money which I couldn’t have made with 9-5 jobs or stocks.

How does a pyramid scheme work in crypto? Are you just saying you were able to get in early and sell somewhere near the top?

 

[big_gamer007]

How does a pyramid scheme work in crypto? Are you just saying you were able to get in early and sell somewhere near the top?

The money is locked and you can either claim 1% daily upto 3.65x tokens or you can compound it back to increase your principle.

I got in early and put $5000 and then during bull run a lot of new members kept joining, and if you get someone who used your referral link you get 10% of their invested value in your portfolio. So I was able to max out my wallet within first few months and then started 4 new wallets while claiming for 1 year from initial wallet all the time when token price increased during bull run from my initial investment.

At the time of investment I was newbie in crypto as well and I thought it was a legit project, once the ponzi ran out it’s course and a lot of people got screwed I realised that it was a scam all along and I was just lucky to have joined in early.
The developer of Drip also started a farm “animal farm “ and I put a decent amount of my profits in that which turned out to be a scam as well and I lost 80% of what I invested. From there and the FTX saga and few other burns I learned from mistakes and understood crypto is 99% scam, so now if I invest in any gamble plays I sell once k achieve certain profit and don’t become a sucker who keeps hodling till it goes 0 while others make quick profit and move onto next scam.

There are many daily ROI ponzi/scams on BSC, DRIP was probably one which lasted the longest so it made quite a few people rich. Most fizzle out in few months before anyone apart from devs can make any money.

 

[sweep_shot]

A crash happened. But, that's okay because these crashes are normal.

As usual, I didn't touch my Bitcoin during the crash. I may touch other coins but I do not touch Bitcoin. Bitcoin is my long-term hold (crash or no crash).

 

[sweep_shot]

Updated crypto portfolio:

I didn't reduce my Bitcoin. I simply added more to other coins. So, BTC's percentage dropped.

• BTC – 48.6%
• ETH – 16.4%
• XRP – 11.5%
• SOL – 7.71%
• LINK – 7.52%
• LTC – 2.39%
• SUI – 0.99%
• HBAR – 0.87%
• AVAX – 0.83%
• QNT – 0.77%
• ALGO – 0.42%
• GRT – 0.31%
• ARB – 0.28%
• ADA – 0.27%
• OP – 0.20%
• INJ – 0.18%
• SEI – 0.17%
• ICP – 0.16%
• DOT – 0.15%
• ATOM – 0.14%
• FIL – 0.12%

 

[BouncerGuy]

'Goddess of Wealth' conwoman jailed over £5bn Bitcoin hoard after years on the run

A woman caught with £5bn in Bitcoin in the UK's highest ever value money laundering investigation has been jailed for 11 years and eight months - after nearly five years on the run.

Zhimin Qian, 47, sat up in bed looking stunned when police kicked open the bedroom door of an Airbnb in a York suburb on 22 April last year.

She vanished and went on the run after officers seized more than 61,000 Bitcoin in the country's biggest cryptocurrency seizure in a raid of her rented £5m home next to Hampstead Heath.

Qian - who fled China after carrying out a huge fraud and arrived in the UK in 2017 on a false St Kitts and Nevis passport in the name of Yadi Zhang - pleaded guilty to two money laundering offences at Southwark Crown Court.

Qian wept in the dock as she was sentenced to 11 years and eight months imprisonment.

Judge Sally-Ann Hales KC told her: "You were the architect of this offending from its inception to its conclusion.

"The scale of your money laundering is unprecedented. Your motive was one of pure greed."

Police said she styled herself the "Goddess of Wealth" and wore imperial robes as her sales teams offered 300% returns at conferences in luxury hotels in China promoting her "Britain Nice Life Insurance" scheme.

In a slick video played to targets, the narrator says "Britain is a nation of glories and dreams" over footage of the Houses of Parliament, Oxford University, Windsor Castle, Buckingham Palace and the City of London.

Qian was already wanted in China over two other scams when she orchestrated the gigantic investment fraud, conning more than 128,000 victims from every province out of 40bn Yuan (around £4.6bn) between 2014 and 2017.

More than 80 people have been convicted in China over the scam, but Qian converted some of the proceeds into more than 70,000 Bitcoin and fled, crossing the border into Myanmar on a moped before arriving at Heathrow Airport in September 2017.

She recruited Jian Wen, who left her job in a south London Chinese takeaway, and the women moved into a £17,000-a-month rented £5m house next to Hampstead Heath, posing as the bosses on an international jewellery business.

They travelled extensively across Europe, buying jewellery and spending tens of thousands of pounds on designer clothes and shoes in Harrods, while Wen bought a £25,000 E-Class Mercedes and sent her son to the £6,000-a-term Heathside preparatory school.

Qian made extensive notes about what the judge called her "grandiose" plans to increase her social standing.

She wanted to meet a royal duke, hoped the Dalai Lama would anoint her as a reincarnated Goddess, and dreamed of ruling Liberland - an unrecognised micronation on the Croation side of the Danube - as Queen.

But the women came to the attention of police when they tried to buy a £24m seven-bedroom Hampstead mansion with a swimming pool, using more than £800,000 converted from Bitcoin.

Officers raided their home in October 2018 and seized £300,000 in cash and cheques, along with phones and laptops, and found a hand drawn "treasure map" leading from Harrods to a safety deposit box containing more devices.

When investigators finally accessed the cryptocurrency wallets stored on them, they thought someone had put the decimal point in the wrong place.

The 61,279 Bitcoin was then worth £1.4bn and has now soared to more than £5bn, making it the biggest ever cryptocurrency seizure in Britain and, until recently, the world.

Police believed Qian had left the country, but shortly before Wen was found guilty of money laundering offences in March last year, Detective Constable Joe Ryan detected activity on a cryptocurrency exchange from a wallet linked to Qian, which hadn't been used since 2019.

The exchange provided details of the account holder - Seng Hok Ling, a Malaysian national with a previous conviction for fraud in Hong Kong in 2015, who was living in Matlock, Derbyshire.

Working on the theory he may be in contact with Qian, detectives stepped up the manhunt, which took them all over the UK, before they identified her at a detached house in a York suburb.

When police kicked open the upstairs bedroom door, there was Qian, lying under a bright red duvet and struggling to put on her top as she stared wide eyed at officers from behind her thick glasses.

Detective Constable Chris Woods told colleagues: "It's her."

A ledger and passwords found sewn inside a purpose-made concealed pocket in the jogging bottoms she was wearing, led investigators to Bitcoin and other cryptocurrency worth around £67m.

Ling had helped her stay on the run, providing false documents and money laundering services, and renting Airbnb properties, including a house in Glasgow and a remote farmhouse near Loch Tay in the Scottish Highlands.

The court heard he tried to get one passport in the name of dead Hong Kong actress Dianxia Shen.

A rotating entourage of cooks, drivers and security guards were employed on lucrative contracts to look after Qian, who they assumed was a rich recluse.

They were made to sign strict confidentiality agreements, which barred them from using Chinese devices or apps and photographing, recording or videoing "anyone or anything indoors or outdoors" - with breaches resulting in dismissal and fines of up to $30,000.

Metropolitan Police officers travelled to Beijing and Tianjin to speak to victims of the fraud, some of whom had lost their life savings, seen their family collapse or been left unable to pay for medical care.

Chinese police officers were lined up to become the first in history to give evidence in a UK court, but Qian pleaded guilty on the first day of the trial, while Ling also admitted a money laundering charge. He was has jailed for four years and 11 months.

The court heard that since being in prison Qian has had poetry published and her artwork displayed at an exhibition.

Wen was jailed for six years and eight months last year, and the sentencing of Qian and Ling marks the end of what the Met's head of economic and cyber crime called "one of the longest running and most complex economic crime investigations" in the force's history.

"She lived, while she was on the run in the UK, a relatively reclusive lifestyle. She had that entourage of people around her, but she didn't venture out much," he said of Qian.

"And we have some understanding from some of her musings and some of thoughts around what she may do with the rest of her money and her wealth and her life ultimately.

"But thankfully, we were able to catch her and bring her to justice before some of those dreams were realised."

'Bitcoin pioneer'

After the sentencing today, Qian's lawyer Roger Sahota described his client as a "Bitcoin pioneer" who was once the "world's largest female Bitcoin holder".

"She never set out to commit fraud but recognises her investment schemes were fraudulent and misled those who trusted her," he said.

"She is deeply sorry for the distress suffered by investors and hopes some good endures from the wealth her work created."

The fortune is now at the centre of a High Court battle between the UK government and thousands of Chinese victims.

Prosecutors have set up a compensation scheme but lawyers representing those who want to recover their investments say it should reflect the huge rise in the value of Bitcoin and not just what they put in.

'Goddess of Wealth' conwoman jailed over £5bn Bitcoin hoard after years on the run

Zhimin Qian, who was also known as Yadi Zhang, made her entourage of staff sign strict confidentiality agreements as she stayed in rented properties and Airbnbs to avoid detection.

news.sky.com

 

[Hitman]

I'd love for BTC to fall even further. Apart from my SIP, I plan to invest an extra $5500 in BTC next month.

 

[Hitman]

Not asking for the exact amount, but does anyone here have 0.1 or more BTC? I'm asking because I don't have that much.

 

[Bhaag Viru Bhaag]

I'd love for BTC to fall even further. Apart from my SIP, I plan to invest an extra $5500 in BTC next month.

I would advise you to wait before you end up burning your money.

 

[Hitman]

I would advise you to wait before you end up burning your money.

I'm thinking the same after watching the crash.

 

[IAJ]

This is brutal, both immediate and short-term supports broken. Hopefully the critical mid-term floor of $88K holds.

 

[aboveandbeyond]

This is brutal, both immediate and short-term supports broken. Hopefully the critical mid-term floor of $88K holds.

Excellent time to buy back in once bottoms out!

 

[sweep_shot]

Excellent time to buy back in once bottoms out!

Yup.

Crashes used to freak me out when I was new. I now love crashes (provided those are short-term).

 

[Bhaag Viru Bhaag]

Yup.

Crashes used to freak me out when I was new. I now love crashes (provided those are short-term).

When are you planning to sell and book profits?

 

[sweep_shot]

When are you planning to sell and book profits?

Bitcoin - I don't want to sell until I retire (maybe 25-30 years later). I am treating it like retirement savings.

ChainLink, ETH, Solana, XRP - I want to hold for 5-10 years. Maybe more depending on how they are doing.

Rest - I may just trade over and over. Short-term holdings.

 

[hassan918]

Bitcoin rebounds after falling below $90,000, a 7-month low​

SINGAPORE/LONDON (Reuters) -Bitcoin was trading slightly higher on Tuesday after hitting a seven-month low below $90,000, finding buyers in a market where some investors have been reluctant to embrace risk.

The risk-sensitive cryptocurrency has lost all this year's gains and is now around 26% below a peak above $126,000 in October. It was last up nearly ‌1.9% at $93,532, after slipping as low as $89,286.75.

"Overall, downside fears are justified in the short term and the path of least resistance remains lower for now,‌" Jean-David Pequignot, chief commercial officer at Deribit, a Coinbase company, wrote in an email note.

"But extreme setups like this have rewarded the bold in crypto's past."

About $1.2 trillion has been wiped off the total market value of all cryptocurrencies in the past six weeks, according to market tracker CoinGecko.

Market participants said a combination of doubts around future U.S. interest rate cuts and the risk-averse mood in broader markets, which have wobbled after a long ⁠rally, was dragging down crypto.

'CONFIDENCE CAN ERODE WITH ‌REMARKABLE SPEED'

"The cascading selloff is amplified by listed companies and institutions exiting their positions after piling in during the rally, compounding contagion risks across the market," said Joshua Chu, co-chair of the Hong Kong Web3 Association.

"When support thins ‍and macro uncertainty rises, confidence can erode with remarkable speed."

The bitcoin market has also been rattled in recent days by major outflows from U.S. spot bitcoin ETFs, said several market participants. Since Oct. 10, when equity markets plunged on fears over U.S.-China tariff tensions, $3.7 billion has exited U.S. spot bitcoin ETFs, $2.3 billion of which flowed out in November, according to data from Morningstar.

Speculators who had put money into crypto in ‌the hopes of supportive U.S. regulation have started to pull back, driving outflows from those ETFs and similar instruments in recent weeks, said Joseph Edwards at Enigma Securities.

"The sell pressure here isn't extraordinary, but it's coming at a relative weak point on the buy side ... a lot of retail buyers were stung during the flash crash last month," he said, referring to an October crash in which there were $19 billion in liquidations across leveraged positions.

Crypto stockpilers such as Strategy, miners such as Marathon Holdings, and exchange Coinbase had slid with the souring mood, although they also rebounded ⁠in afternoon trading in line with bitcoin.

https://finance.yahoo.com/news/bitcoin-drops-below-90-000-044838469.html

 

[sweep_shot]

Whether I make profit or lose in the long run, I am having fun with cryptos. This has given me a new interest/hobby.

I don't just look to make money. I am also interested in the specific technologies of different cryptos.

In terms of technology, my favorite cryptos are HBAR (Hedera), Algorand, and ChainLink.

In terms of crypto investments, Bitcoin is the best.

 

[BreadPakoda]

soon, soon. This is just the beginning of whats coming.

Hope you bought some back in 2013.

How’s everyone dealing with the ongoing crypto collapse?

 

[sweep_shot]

Hope you bought some back in 2013.

How’s everyone dealing with the ongoing crypto collapse?

Crypto collapses are natural. These happened before and are likely to happen over and over.

I am not worried.

Bitcoin is likely to keep on rising with occasional hiccups.

I also expect XRP, ChainLink, Etherum, and Solana to do well in the long run.

I think Sui, HBAR, Avalanche, Algorand, and Cardano are dark horses.

 

[Champ_Pal]

Crypto has taken a massive dump in the last 2 weeks. It is still bleeding today. Might go on into December.
The Santa rally looks bleak as of now with the chances of rate cuts too fading with a hawkish JPowell.
Basically market is a mess.

 

[BreadPakoda]

Tom Lee “BTC will hit 200k by Dec, ETH 16k”

 

[BreadPakoda]

Crypto collapses are natural. These happened before and are likely to happen over and over.

I am not worried.

Bitcoin is likely to keep on rising with occasional hiccups.

I also expect XRP, ChainLink, Etherum, and Solana to do well in the long run.

I think Sui, HBAR, Avalanche, Algorand, and Cardano are dark horses.

Yeah but are you buying more?

 

[sweep_shot]

Tom Lee “BTC will hit 200k by Dec, ETH 16k”

I think BTC can reach 1-million but that may take 10 years.

These are long-term assets to me.

 

[sweep_shot]

Yeah but are you buying more?

Yes. Looking to buy a bit during this dip.

 

[BreadPakoda]

Yes. Looking to buy a bit during this dip.

How do you define dip? I bought some when it hit 78k in April

 

[sweep_shot]

How do you define dip? I bought some when it hit 78k in April

We are in the dip now.

Dip as in more than 10% decrease in value.

 

[sweep_shot]

@BreadPakoda

My current strategy:

Tier 1: Bitcoin - Hold for a long-time (maybe 20-25 years). Do not sell whether it is rising or dropping.
Tier 2: ChainLink, XRP, Solana, Etherum - Long time hold also but not in the same tier as Bitcoin.
Tier 3: Avalanche, Sui, Cardano, Algorand, HBAR - these are my dark horses.
Tier 4: Other smaller coins (by smaller, I don't mean meme coins. I mean coins like GRT, Polkadot, ICP etc.).

Tier 1: 50% of my investments
Tier 2: 30% of my investments
Tier 3: 15% of my investments
Tier 4: 5% of my investments

 

[Champ_Pal]

Tom Lee “BTC will hit 200k by Dec, ETH 16k”

Boss, I am heavily invested in his Eth treasury BMNR. Hoping Tom Lee is right.

 

[BreadPakoda]

@BreadPakoda

My current strategy:

Tier 1: Bitcoin - Hold for a long-time (maybe 20-25 years). Do not sell whether it is rising or dropping.
Tier 2: ChainLink, XRP, Solana, Etherum - Long time hold also but not in the same tier as Bitcoin.
Tier 3: Avalanche, Sui, Cardano, Algorand, HBAR - these are my dark horses.
Tier 4: Other smaller coins (by smaller, I don't mean meme coins. I mean coins like GRT, Polkadot, ICP etc.).

Tier 1: 50% of my investments
Tier 2: 30% of my investments
Tier 3: 15% of my investments
Tier 4: 5% of my investments

Interesting. Very high risk. You’ll either be chilling in a yacht or serving fries in a few years.

 

[big_gamer007]

Tom Lee “BTC will hit 200k by Dec, ETH 16k”

These sort of predictions have been going on since early days of crypto.

The fact is majority don’t really understands crypto and almost no one knows who is putting massive money in random cryptos. All the public figures who speak about crypto just want you to put money in coins/tokens they have put money in to boost their value.

Every influencer or celebrity does that.

 

[big_gamer007]

How do you define dip? I bought some when it hit 78k in April

You didn’t take profits?

 

[big_gamer007]

So for everyone here the first rule you should learn while investing in anything, especially crypto is to define an exit strategy before you invest.

1. So if you invest $100 when BTC price was $1 you should have an exit strategy before investing that $100. For example your exit strategy should be something like:

A) if price hits $2 I will sell 50% of my holdings and take out profit.
B) if price hits $3 I will sell 40% more
C) if price hits $4 I will sell everything and buy back when price crashes.
D) if price goes down to 0.8, I will hold longer.
E) if price goes down to 0.7, I will hold longer.
F) if price goes down to 0.5, I will DCA.
G) if price goes down further I will DCA.

The above strategy is for crypto you are sure will run long term. The blue chips and tier 1 cryptos.

For anyone crypto you are unsure of long term future, instead of DCA when price goes down, you do stop loss and get out, learn to fight another day.

 

[Hitman]

Interesting. Very high risk. You’ll either be chilling in a yacht or serving fries in a few years.

I think BTC, ETH and SOL will take him a long way.

 

[BreadPakoda]

I think BTC, ETH and SOL will take him a long way.

Exactly the ones I own too.

 

[BreadPakoda]

You didn’t take profits?

I took some profits at $110k. Haven’t fully exited and don’t plan to.

 

[BreadPakoda]

These sort of predictions have been going on since early days of crypto.

The fact is majority don’t really understands crypto and almost no one knows who is putting massive money in random cryptos. All the public figures who speak about crypto just want you to put money in coins/tokens they have put money in to boost their value.

Every influencer or celebrity does that.

Yep. Agreed. Expect better from Tom though. He has his money in ETH so also not totally surprised.

 

[Hitman]

Exactly the ones I own too.

Same here. 5.6 ETH, 104.8 SOL, 0.030 BTC. I'm investing Rs. 67,000 every month in BTC now, my only invested coin these days. Add to that, I'll be investing an extra Rs. 4.95,000 into BTC next month.​

 

[Hitman]

Can't wait to get my hands on 0.1 BTC. Uske baad steadily accumulate karta rahunga every month.

 

[sweep_shot]

I hold 21 coins currently.

BTC
ChainLink, XRP, Etherum, Solana
Quant
HBAR, Cardano, Algorand, Sui, Sei, Avalanche, Near
Pyth
Atom, Polkadot
Arbitrum, OP
GRT
ICP
Injective Protocol

===================

Here are the breakdowns:

Coin	% of Portfolio
BTC	56.17%
XRP	12.97%
ETH	9.22%
SOL	8.73%
LINK	4.19%
SUI	1.99%
ADA	1.13%
HBAR	0.89%
AVAX	0.87%
NEAR	0.72%
ATOM	0.35%
DOT	0.33%
QNT	0.47%
ALGO	0.46%
INJ	0.40%
ICP	0.30%
SEI	0.27%
PYTH	0.26%
OP	0.23%
GRT	0.17%
ARB	0.28%

 

[big_gamer007]

Same here. 5.6 ETH, 104.8 SOL, 0.030 BTC. I'm investing Rs. 67,000 every month in BTC now, my only invested coin these days. Add to that, I'll be investing an extra Rs. 4.95,000 into BTC next month.​

Do you have other investments as well?
Don’t go all in on crypto, diversify in precious metals, real estate, stocks, funds etc as well.

 

[IAJ]

BTC - Free fall. Very important that 80K holds.

 

[aboveandbeyond]

BTC - Free fall. Very important that 80K holds.

Why is it important?

 

[IAJ]

Why is it important?

It's a psychological marker first and foremost, and there have been many established support zones above this already broken and a move under this level could suggest a meaningful shift in market structure. Let's just hope it stays above it.

 

[sweep_shot]

BTC - Free fall. Very important that 80K holds.

It has happened before. See the last crash. BTC crashed far worse in 2024 I believe.

BTC always goes up in the long run.

 

[IAJ]

It has happened before. See the last crash. BTC crashed far worse in 2024 I believe.

BTC always goes up in the long run.

Well we always hope for the best and I still think it willreverse again, but it has fallen 35 % from the peak of $126K. And I think you are wrong, it was not that bad in 2024.

Some numbers;

2021-2022: drop of 77,3% (from 68K to 15.5K)
2017-2018: drop of 84,1 % (from 20K to 3.2K)

 

[aboveandbeyond]

Well we always hope for the best and I still think it willreverse again, but it has fallen 35 % from the peak of $126K. And I think you are wrong, it was not that bad in 2024.

Some numbers;

2021-2022: drop of 77,3% (from 68K to 15.5K)
2017-2018: drop of 84,1 % (from 20K to 3.2K)

Will it sink further?

Could be Potentially a Excellent entry Point for new investors.

 

[sweep_shot]

Well we always hope for the best and I still think it willreverse again, but it has fallen 35 % from the peak of $126K. And I think you are wrong, it was not that bad in 2024.

Some numbers;

2021-2022: drop of 77,3% (from 68K to 15.5K)
2017-2018: drop of 84,1 % (from 20K to 3.2K)

I think Bitcoin should reach 1 million in 10 years.

I say this because big instutitons are investing now. Also, many governments now have Bitcoin holdings (including USA and China).

 

[aboveandbeyond]

I think Bitcoin should reach 1 million in 10 years.

I say this because big instutitons are investing now. Also, many governments now have Bitcoin holdings (including USA and China).

View attachment 159547

That's a long shot

 

[sweep_shot]

That's a long shot

Bitcoin has always defied the odds since 2009. They had multiple big crashes in the past.

I expect this trend to continue (i.e., crashing and rising again).

 

[Hitman]

Do you have other investments as well?
Don’t go all in on crypto, diversify in precious metals, real estate, stocks, funds etc as well.

I came from mutual funds to crypto. It's been a little over 4 months now.

 

[pillionrider]

Same here. 5.6 ETH, 104.8 SOL, 0.030 BTC. I'm investing Rs. 67,000 every month in BTC now, my only invested coin these days. Add to that, I'll be investing an extra Rs. 4.95,000 into BTC next month.​

That works out to a lot of money you've pumped in. I think it's the right decision though longterm. All solid choices.

Are you escaping Mrs Sitharaman's crypto taxes? You using an Indian CEX or Binance. Better to learn about private wallets and move them out if you're not already.

 

[Hitman]

That works out to a lot of money you've pumped in. I think it's the right decision though longterm. All solid choices.

Are you escaping Mrs Sitharaman's crypto taxes? You using an Indian CEX or Binance. Better to learn about private wallets and move them out if you're not already.

No, I'm not escaping the taxes. I believe the taxes will get lower with time. I don't intend to withdraw a dime before 20 years. I'm using CoinDCX. The unfortunate thing is our Govt. does not allow crypto withdrawal to hardware wallets. Hope it gets permitted someday.​

 

[Hitman]

That works out to a lot of money you've pumped in. I think it's the right decision though longterm. All solid choices.

Are you escaping Mrs Sitharaman's crypto taxes? You using an Indian CEX or Binance. Better to learn about private wallets and move them out if you're not already.

INR to USD = $34,155

 

[pillionrider]

No, I'm not escaping the taxes. I believe the taxes will get lower with time. I don't intend to withdraw a dime before 20 years. I'm using CoinDCX. The unfortunate thing is our Govt. does not allow crypto withdrawal to hardware wallets. Hope it gets permitted someday.​

I've withdrawn from Binance to wallet. But I used to use WazirX which had an option to transfer to Binance and from there to wallet.

WazirX got hacked (something more shady and internal in my view). I find CoinDCX equally shady. I'd suggest you think about withdrawing into a private wallet as soon as the option opens up there. In recent times, I've used Coinswitch but that was for crypto to INR to bank, not the other way around. Found them pretty ok.

 

[Hitman]

I've withdrawn from Binance to wallet. But I used to use WazirX which had an option to transfer to Binance and from there to wallet.

WazirX got hacked (something more shady and internal in my view). I find CoinDCX equally shady. I'd suggest you think about withdrawing into a private wallet as soon as the option opens up there. In recent times, I've used Coinswitch but that was for crypto to INR to bank, not the other way around. Found them pretty ok.

A lot of people including me are waiting for the Govt. approval to crypto exchanges to allow the users crypto withdrawal. I'll immediately transfer my coins to a cold Ledger wallet.​

 

[pillionrider]

A lot of people including me are waiting for the Govt. approval to crypto exchanges to allow the users crypto withdrawal. I'll immediately transfer my coins to a cold Ledger wallet.​

Yeah. Or you could just use browser or phone wallets like phantom, trust. Just make sure you're not using the device or browser for regular internet activities. Should be safe enough then.

 

[pillionrider]

Also, @Hitman, consider diversifying your CEX. Don't go all in on one. As they say, not your keys, not your crypto. Try coinswitch, so that if something goes wrong, you've not lost it all.

 

[Hitman]

Also, @Hitman, consider diversifying your CEX. Don't go all in on one. As they say, not your keys, not your crypto. Try coinswitch, so that if something goes wrong, you've not lost it all.

THat's the biggest headache I'm going through.

 

[Hitman]

Yeah. Or you could just use browser or phone wallets like phantom, trust. Just make sure you're not using the device or browser for regular internet activities. Should be safe enough then.

The problem is Coin DCX doesn't allow crypto withdrawal to any platform.

 

[sweep_shot]

LOL. Found this online.

@aboveandbeyond @Bhaag Viru Bhaag

 

[aboveandbeyond]

LOL. Found this online.

@aboveandbeyond @Bhaag Viru Bhaag

View attachment 159564

Bitcoin Solana Eth are the coins for long term investment.

 

[sweep_shot]

Bitcoin Solana Eth are the coins for long term investment.

Yes. I would also add ChainLink and XRP. Link has had many adoptions by big institutions.

I think Sui can be the next Solana. We just have to wait and see.

 

[sweep_shot]

Yes. I would also add ChainLink and XRP. Link has had many adoptions by big institutions.

I think Sui can be the next Solana. We just have to wait and see.

During this dip/crash, I bought some Sui coins.

I can be wrong but I am expecting it to rise in the long run. I am expecting 10x or 100x. Just like Solana did 2-3 years ago.

It is just my "gut feeling" based on Sui's features, TVL, developer activities etc.

 

[sweep_shot]

Cryptos have started to recover after the crash.

Alt-coins saw prices rise today. Sui rose by 10%. XRP rose by 8%.

 

[sweep_shot]

Cryptos crashed again and rose again. Very action-packed week.

I have bought some more SUI coins during this extreme volatility. Hoping to add more. This is a dark horse coin for me.

My current portfolio (got rid of some smaller coins):

BTC
ETH
SOL
LINK
XRP
HBAR
ADA
ALGO
AVAX
SUI
NEAR
QNT

 

[shaz619]

Cryptos crashed again and rose again. Very action-packed week.

I have bought some more SUI coins during this extreme volatility. Hoping to add more. This is a dark horse coin for me.

My current portfolio (got rid of some smaller coins):

BTC
ETH
SOL
LINK
XRP
HBAR
ADA
ALGO
AVAX
SUI
NEAR
QNT

When I can iA want to pick up BTC, what I’ve monitored over the past few years is, whenever there’s a dip, it bleeds the least and ETH has lost that correlation with BTC movements as well, still the best ALT coin but for the long term BTC is king imo

 

[sweep_shot]

When I can iA want to pick up BTC, what I’ve monitored over the past few years is, whenever there’s a dip, it bleeds the least and ETH has lost that correlation with BTC movements as well, still the best ALT coin but for the long term BTC is king imo

Yes.

It is because Bitcoin's market cap is extremely high. Even a big crash doesn't lower its value much.

Alt-coins get recked more during a crash.

 

[shaz619]

Yes.

It is because Bitcoin's market cap is extremely high. Even a big crash doesn't lower its value much.

Alt-coins get recked more during a crash.

My main surprise has been with ETH, maybe the fundamentals are not anticipated to be as solid as they were? It didn’t previously bleed as much, but maybe it was always in a bubble following the Covid bull run.