Crypto (Bitcoin, Ethereum, etc.)

[DPG21920]

how's it working out for el salvador?

Incredible. Theres volatility but the most sophisticated financial ins utions in the world have advanced models on this now and its clear: a Bitcoin allocation is not just justified, its pretty much needed to outperform.

[DPG21920]

What do you guys think DPG21920 would be a good crypto portfolio? in terms of ratios of BTC to other crypto, which altcoins, etc. altcoins that have a track record in 2021 and/or 2017 vs how much should be invested in risky new altcoins like Pepe which doesn't have a track record like that.

It’s a personal decision on what to invest in but IMO if you are in this space, BTC should be at least 50% of your portfolio. This is a longer term investment for most bitcoin is the one thing de-risked the most with the clearest path to success.

After that splitting the other 40-50% on other majors like ETH/SOL makes some sense and maybe 10% on the true memes if thats what you want to do and are capable. Most people trying to chase/trade/rotate will get their ass handed to them IMO unless you’re a real trader which Im guessing none of us are.


But Im risk adverse which is why I choose bitcoin and I think if you go back and read some of the thread from now over 3 years ago, much of what was said has held up quite well.

*But I personally do not invest in alt coins - not knocking them, just not my thing* and at these levels you need to be paying attention. Ultimately in a perfect world you would have already been positioned vs going all crazy now. But of course there’s still some opportunities but there will be corrections whether it’s from here or higher.
And as always, you can never go wrong taking profit when things are up like this. Both for safety but also peace of mind and security.

[Millennial_Messiah]

It’s a personal decision on what to invest in but IMO if you are in this space, BTC should be at least 50% of your portfolio. This is a longer term investment for most bitcoin is the one thing de-risked the most with the clearest path to success.

After that splitting the other 40-50% on other majors like ETH/SOL makes some sense and maybe 10% on the true memes if thats what you want to do and are capable. Most people trying to chase/trade/rotate will get their ass handed to them IMO unless you’re a real trader which Im guessing none of us are.


But Im risk adverse which is why I choose bitcoin and I think if you go back and read some of the thread from now over 3 years ago, much of what was said has held up quite well.

*But I personally do not invest in alt coins - not knocking them, just not my thing* and at these levels you need to be paying attention. Ultimately in a perfect world you would have already been positioned vs going all crazy now. But of course there’s still some opportunities but there will be corrections whether it’s from here or higher.
And as always, you can never go wrong taking profit when things are up like this. Both for safety but also peace of mind and security.

Good points.

Alt coins are an enigma. It's been proven that they have a tiny window of a massive e but you have to sell when you start to see it going down and be willing to not hold out for bigger gains that may not come for 4+ years. And then there are the true meme alt coins like pepe who have no history. The major alts like doge and shib with some history are decent and have higher potential, they are definitely risk assets but you can gain a lot more money if you're looking to turn a decent nest-egg into " -you" money. The major non-BTC coins i.e. ETH/SOL I agree but I'm not sure about 40%. I do agree that BTC should be minimum 50% and for me it's that on the nose right now actually at this moment.

I didn't have the money in 2013 or 2017 and in 2021 I was going through the divorce, so i couldn't really touch crypto either of those years unfortunately.

I've known for awhile that crypto is no good in the "fall" and "winter" years i.e. 2014-2015, 2018-19 and 2022-23. Basically around six months before the BTC halvings is when crypto starts to become bullish again which is typically the Oct/Nov before leap/election years.

[Millennial_Messiah]

I just flipped all my remaining SHIB (Shiba Inu) in exchange for Cardano (ADA). I'm officially done with Shiba Inu. It's a newer, inferior Dogecoin with only a uni-modal late 2021 peak pattern, rather than the more favorable bimodal or earlier peak you look for. Cardano had that healthy peak pattern in 2021 and it's nowhere near its ATH (about a quarter of its 2021 primary ATH in Fall 2021, and a third of its 2021 second-mode ATH in May 2021) and it's exhibiting solid, consistent weekly gains with distinct patterns of about two solid es per week.

About $2k. Cost me about 20 bucks -give or take- to make the transfer, but it'll be well worth it. SHIB stinks. Also buying the mini ADA dip was profitable last time and now I'm buying into another mini ADA dip. I would actually like to get even more money into ADA before it re-claims $1.

[Millennial_Messiah]

I'm thinking XRP may be kinda overbought for now. It's already close to its 2021 ATH (spring, in this case) now, which is a bit alarming for a less-known altcoin, and the overall bull market summer year of the cycle has essentially just begun. It did very well yesterday, the best performer amongst the mainstream altcoins by a good margin, but I wouldn't be too bullish on it in the short to medium term.

[Millennial_Messiah]

A month ago would have been great

This post was on 10/20/2021.

A month ago? Well, ideally in 2020 when we had all the time in the world to stew about it, wear masks in our cars and homes etc. But, anytime from early-spring 2021 through early-spring 2022 was generally a bad time to buy.

if you "hopped on the wagon" on November 4th, 2024, or any time in the two and a half or so odd years prior, you're doing quite well.

Fabbs says

XRP Ripple.

*If evil SEC corruption prevails in their bogus lawsuit then it drops.

If case is decided by merit as it should be, when XRP wins it's gonna pop.

XRP did terrible from this post forward up until yesterday, actually. This post was in October 2021.

[Millennial_Messiah]

And what a great decision it was to trade all my SHIB for ADA, biggest regret is only having $2k in ADA overnight as it just ed another 10%.

Don't expect a big weekend bump because weekends are weekends, so hopefully i'll be able to get a lot more in when another $25k money comes in and is processed this Monday, i'm strongly considering putting 10k in ADA and another 10k in BTC (provided they're still under $1 and $100k respectively) and doing whatever with the other 5k, maybe buy a little more ETH because it's been low but idk.

mainly I'm confident ADA will at least reach its ATH sooner than later which is still about three times its current amount. compare that with something like Tezos which has actually been one of the few coins to have worse value after the 2021 bull run became bearish in 2022, than before 2021.

[Millennial_Messiah]

I'm a little less bullish on ETH than everyone else is because it's not too far from its ATH and it tends to lag behind BTC and is more stable than say a DOGE, so i tend to think the returns will be a bit plateaued there this return cycle comparatively, but could be wrong.

Doge is kind of unique for an altcoin in that it's the first and top meme coin ever and Elon Musk is really pushing it hard, I do really expect >$1 doge for much of 2025

[Millennial_Messiah]

I'm not sure I like Solana too much either this cycle. Seems to be pushing up too high too fast.

[Millennial_Messiah]

ADA obviously was a great buy, but me for not getting 100k+ in seriously. 2k?? What a joke.

hopefully it goes under $1 one more time briefly at least

[Millennial_Messiah]

me for not putting a million bucks into cardano last night when I KNEW, i even posted it in this thread, that it was about to skyrocket.

me.

[Millennial_Messiah]

Doubled up on bitcoin cash (BCH) but it was like 50 bucks profit. fml. I just profit took on that because I think it's a dumb long term asset...

Maybe that profit can buy me a hamburger or a dozen eggs in this economy.

[Millennial_Messiah]

BTC itself is kinda down a bit. Kind of where I need it to sit all weekend so I can whale on Monday when the wire money (please don't up this time, bank) comes in. 1.3M. 1.5m total by next Friday if things go right, that's my nest egg.

I'm thinking of doing

$700K or $800K USD in BTC (roughly 7 or 8 BTC)
$300k in ADA
$200k in DOGE
$200k in ETH (i'm just not as bullish on it based on history)
$100k in other various coins spread around.

[Millennial_Messiah]

AVAX had a big day too today after a few horrid days in a row.

Bullish for the 2024-25 bull season on:

BTC (naturally)
ADA
DOGE
BCH (but that one is difficult to time properly)

Middling on:

ETH
SOL (it's been following ETH pretty much to a T lately)
XRP (not sure it has much more room to grow)
AVAX

Not particularly bullish on:

SHIB
XTZ
Litecoin
Any of the new altcoins like PEPE.... you'll likely see one or two of them have a massive 2025 while the others don't really get off the ground.



With Elon having a good deal of government power I'm going to take an educated guess that Dogecoin will cannibalize the market share of Shiba Inu to a large degree. Effectively, Shiba Inu serves as an alternate ethereum cash coin, and i'm kind of medium-bearish (relatively, at least) on ethereum, but we'll see.

[Millennial_Messiah]

Oh, my.......... DOGE.


#ToldYouSo

[Millennial_Messiah]

DOGE up 16.67% today, netting me hundreds of bucks tonight in the evening alone, where are all the Dogecoin / Elon Musk haters at? ChumpDumper CROFL

[Blake]

Feels like a huge pump and dump. Just like before

[Millennial_Messiah]

Feels like a huge pump and dump. Just like before

Dump likely around this time next year November 2025 +/- a few weeks, though some alt coins might peak late spring like 2021 and 2017

[Millennial_Messiah]

BTC still has yet to crack 100K, but it's a solid bet that will happen this coming week of Thanksgiving.

[Blake]

BTC still has yet to crack 100K, but it's a solid bet that will happen this coming week of Thanksgiving.

Which means it probably won't

[Millennial_Messiah]

Which means it probably won't

currently struggling around 96K like yesterday, but it'll rebound

there was just a mass profit taking amongst a ton of smaller (i.e. citizen) Trump-bump short term buyers who got their ~30% they wanted when it was just south of 100k for a couple days, but it's not the whales that are selling.

[Millennial_Messiah]

Ethereum up though. One thing you can count on this bull cycle, is it's unlikely both will be simultaneously down for very long. If they do, it's the end of the bull cycle, but that's not for another 11-13 months.

[Millennial_Messiah]

BTC absolutely 100% a buy buy buy right now.

[Blake]

Ethereum up though. One thing you can count on this bull cycle, is it's unlikely both will be simultaneously down for very long. If they do, it's the end of the bull cycle, but that's not for another 11-13 months.

I did jump on this stupid bubble for ETH and it's been a 28% ROI in just the short time I grabbed it on 11/6

[Millennial_Messiah]

I did jump on this stupid bubble for ETH and it's been a 28% ROI in just the short time I grabbed it on 11/6

i posted that on 11/4 in the political election night thread, ETH was a buy at ~$2400 regardless of who wins.

i sold my eth/doge/cardano at a profit this morning and reinvested into btc, and have still lost some, but have decreased my average buy cost that way so when it inevitably goes back up i'll definitely profit. It's been a bad day for sure but it's a "healthy pullback".