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Lindeman

CRYPTO : Today I bought.....

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On 12/12/2018 at 19:52, Scuzzle said:

I bought a few more Litecoin last few weeks as it went back to the price it was when I started buying initially, £100 got you 3 Litecoin, I bought at this then it went 4 for £100 so I bought more and if it had gone 5 for £100 I would have bought more yet but every time it gets close it takes that little bouce back up.  I'm going to hold until September and the Litecoin halfing and if it's not back up after this then I'm just going to buy metals with the lot.

I'm not really sure where Litecoin will end up. But if BCH blows up ( I want it to haha ) then more backing for Litecoin.

I think BTC ETH & LTC come out on the new HTC blockchain phones soon which should be interesting although I'm not expecting one in my Christmas stocking this year.

Having bags full of LTC seem like a good idea ( I might have some ) ya never know

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On 13/12/2018 at 09:24, HelpingHands said:

Ive been thinking about the halving too as it will give a bit of a signal how the btc halving will play out in May 2020.

Aug is a while away to have too much tied up but I'll see how it goes.   The maximum satoshi profit could be to sell a month or so back to btc before the halving.  You'd need to watch how the hype grows and whether you'll need to front-run the front-runners.

Also the ETH Constantinople fork should be around Jan 16th.   This upgrade include a reward reduction from 3ETH per block to 2ETH... so a twothirdening?  Ive got my eye on this now to see if hype starts to brew.

Current price   ETH/BTC  0.0262     ETH/USD $90

Anybody who bought ETH at the above prices might want to think about a pull back here and maybe rebuy lower... current eth/ btc price   0.036

I am looking for it to return to the base around 0.053 at some point before Constantinople.    Maybe a peak being around a week before.

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11 hours ago, RowanRK6 said:

We could be seeing a bit of a bull trap on ETH atm. BCH peaked around 7 days prior to the fork, suspect we'll see similar with ETH. 

I'm out of ETH (for now at least).   I don't want to give back any profit if I can help it so will only look for quick trades now.

The block reward reduction makes this ETH fork a bit different to the BCH split fork but you are correct that it's usually more profitable to try to front run the market.  

Any large btc moves over the next week would add an extra moving part to contend with.  

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I'm not much of a trader but I run a crypto mining operation on the side and have been involved in the space for quite a few years. I have some ETH that I mined shortly after release but it's in the HODL pile till we see if they get any real traction.

Our project is actually looking to compete toe to toe with tech' platforms like ETH. Only we have a much larger infrastructure network and already have privacy features that open up a host of different options for creating utility. Our first mainstream product will be out in the next month or 2, a dVPN built on top of our node network. Not here to shill so I'll leave it at that. 

I'm a total noob when it comes to PM's but I'm here to learn and in return, I'll do my best to help answer questions about blockchain, DLT and cryptocurrencies whenever I can. 

Edited by RowanRK6

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2 hours ago, JosephM said:

Everyone enjoying the recent gains?

I pretty much went all in during the 3000s.

I was planning to pick up some more in a couple of months when I have some more money available so it'll feel expensive if I do.

The alts have been mauled in btc value over the last month.   I'm wondering that now we are over $6000 whether there is enough confidence that it won't dump back and kill the alts further.

For that reason Ive bought some alts with events coming up which may have pre-event hype.

EOS (currently 0.00077 )  block one supposedly has a big announcement about EOS on June 1st.

GVT (currently 0.00046)  has it's first token burn end of June

Also I've bought a little bit of MANA  (currently 0.00000708) as Decentraland should have another auction date to be announced at some point.

The plan being to sell into any pre-event spikes/hype back to btc.

 

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@HelpingHands nice i was accumulating to from 2600 up to 3900. Timing has went my way this week seemed like a nice buy but i also have no clue where we go from here. Dont plan on selling anything with the halfing next year to. My plan once i got 1btc was to buy some eth and ltc and accumulate a nice bag but now im not touching anything maybe if this blows off and downward a bit i will buy a little. As of right now i hold no alts other than 50 kmd that im down about £100 on. 

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LTC is a tough one.  It's still high in sat value.    I was planning to get in ahead of the ltc halving hype but the hype came really early.   

Maybe this pull back is an ok point to buy for the potential of a second wave of hype but Id rather it was 30% lower.  

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Ok folks - what is everyone doing now that BTC has blasted through $10,000? 😉

Congrats to those who piled into BTC, LTC and alts when times were bleak in the Spring.  I did not...as i have just HODLd through😊

I have a reasonable few LTC but have not bought any this year - but I have learned my lesson about the halvening ...as LTC trebled in recent months. I am not going to step in now ....but I am intrigued to see what happens here: will it peak before the event, on the day...or tank the day after??? If it does sell off I may nip in with some super low limit buy orders because the one thing Litecoin has shown yet again is that it can move quickly, and sometimes ahead of BTC. The other whole learning here is to anticipate the BTC halvening in May 2020.  Is the current BTC bull run already factoring that in? 

I really do see BTC passing its ATH easily this summer and maybe reaching $30,000.  But its the slipstream Alt rally that i am trying to get ready for. Having lost 95% on several s###coins in the last year its my goal to try and load into a few 10x rallies. 

So lets discuss your fav altcoins: which of these can get to new ATHs ??? If they do we can make a lot of gain. XRP, NEO, OMG, NANO, ADA, ONT, XLM,  ZIL BCH.?  

I am holding BTC of course, but its really the alts in the top 50 that i am studying now. 

Thoughts? All into XRP ( a coin with a real use case ?) , ADA (slowly going down its roadmap....academic hype ?), NANO ( please reproduce RAIBLOCKS 🙂) ? 

Bottom line - I am willing to sell PMs now to get more into cryptos...

Lindeman 

 

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You mentioned the main contenders there, though most are not likely to beat BTC increase imo.  Need to look lower down the list, NANO and ZIL have the greater potential for large gains because their lower value currently.  Also of interest are HOLO, VEC and ICON.  

The next "wave" is likely to be in security tokens, providing proof of ownership to real assets.  OWN, POLY, RVN are movers here and first two still low value.

Edited by Martlet

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I think my problem with investing is I don't have the cajones to match my instincts 

When btc was sitting stable at around £2.5-3k for ages it seemed like a good buy, was always going to spike up again eventually even if it took a dip first but I just don't have it in me to want to gamble 

 

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