I didn't miss the ATH, in fact I picked Solana, Matic, Theta, Luna, and Band when they were cheap, and got huge profits in all of them. I was up 10X December last year. Unfortunately LUNA was my biggest holding, with 60% allocated to it, and no Bitcoin. So mine was basically an altcoin high-risk portfolio. I'm expecting a bear market now, so I moved 94% of my funds into PAX Gold.
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
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I know it's an unpopular opinion, but I sold *almost* everything into PAX Gold at 30K. Prior to that, I had sold a big chunk of my portfolio into BNB, one of the biggest, safest bets in crypto. I moved it all into Gold when I saw Binance drop 15, 16 and nearly 20% per day. Gold will never 2x or 3x, but it will not drop 20 or 30% in a day either. I thought of moving to stable coins, with UST and Tether in trouble, I can't think of a worse time to go the stable coin route.
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Just noticed Luna is ranked 33 by CoinMarket Cap now. Not saying it deserves that, but coins ranked around 30 usually respond well to market volatility. Especially coins that have fallen and are trying to get back up.
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You should watch the latest Alexander Lorenzo video where he says he discovered quite a few whales are holding Shiba in their portfolios. Not saying it's a proper investment, but I think it's better than Dogecoin for fast gains. Get in, 100X, get out. That should be the strategy with these meme coins. Now Luna is no meme coin, but it's probably on its way to become the most talked about crypto in history, after Bitcoin and Ethereum.
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By the way, I was one of those Hodlrs that got burned... I sold at $36 though, but still lost a lot. Do I expect to get my money back ? No, because that's the risk you take in crypto. Overall the entire crypto space has crashed, but I'm still in profit.
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It's not a scam token if it's making people money dude. The minute it went to zero, the old LUNA project perished... along with UST. This new token is an entirely different thing, no longer promising DeFi or 20% returns on Anchor... this token is all about survival. Things aren't looking good for Terra Luna right now, but there's always a chance it will go back up to something like 10 cents or something like that. If that happens... that means tremendous gains for many of us... hardly a scam.
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I know it sounds crazy but hear me out. Crypto is mostly about speculation, lets be honest. Of the 30 or so predictions I heard on YouTube and Twitter about "how high" could Bitcoin go in this bull run ( the 2021 / 2022 bull run ) only ONE got it right ( I won't tell you which one, but I'm sure many of you can guess who ) Most others were way, waaaaaaay off ! So regarding LUNA, and given its past history ( prior to the collapse ) and notoriety I think we're looking at the new Shiba Inu. Why so ? Well basically I don't see how the price can get much lower. One day ago in fact, the price was pretty close to the price of Shiba Inu. But forget the price. LUNA is now the most speculative play in crypto. Could it go to 10 cents ? how about a dollar ? Ten dollars ? Nobody knows. In the short term most likely will go to 0.0000010 but longer term anything could happen. And by the way, was there a single Influencer who saw this coming ? NOT ONE ! So if Shiba Inu made 100X or whatever, I think LUNA can match or even set a new record. It's no longer about the failure of UST or the lack of foresight of the founders, it's all about speculating that LUNA could one day become a good ( not great ) project again. Now let me go check my LUNA balance... Just bought 1 million tokens
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Yes but if you check the "All Time High" numbers down below to the right, it says 100 %. But even though it's that far down it keeps dropping in decimal value numbers ! And rank position too... I sold at $36 , and I thought I was too late...
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Down 100 % on CoinMarket Cap !! What !?!
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Perhaps someone can enlighten me about this... Richard Heart talks about "delayed gratification" where people buying into the project are "rewarded" for not selling and "punished" for selling too soon... yet projects like SAFUU and Sphere seem to offer a similar deal in that the sooner you sell, the more the 20 % Tax will affect you. Both Sphere and SAFUU are perfectly capable of matching whatever gains HEX is offering... be it 2X or 10X or whatever... you just gonna hold on to them long enough for the token to enter a bull run. During a bear market ? Much harder, and perhaps impossible because altcoin prices are always going down. By the way, I am invested in both of these ( 1K and 2K in each at current prices ) and I can tell you I have not made any money while everything is crashing. So even if I stay for 6 more months, quite likely I may not even break even after taxes with either of them. But give me a bull rally, even one lasting for only one month, and the picture changes completely. What I see with HEX is ( from what I can guess ) that you have to "lock up" your investment for years, so that is where I see the difference. I only need a 1 month rally for me to make money with SAFUU or SPHERE, not 3 to 6 years.
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Anyone else worried about a major international hub built right next to a volcano ?
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Just came across a comment that made me aware of FLUX. I had never heard of this project up to that point ( they were comparing it to Helium in that it has real world utility ) and I'm a pretty informed investor, so I realized this could be one of the best plays for the next bull run. I think it did something like 11,000 % gains late last year so that should get your attention. Of course you can expect it to be super volatile, but that's what you get with such an explosive token. I know there are a lot of great projects at incredible prices these days, but one thing I look at is token performance. Algorand for instance, one of the most clever, most innovative projects out there, with big partnerships and amazing technology, has had really mediocre token performance... even in the past bull run. It didn't show me anything, other than great potential. With FLUX the technology is great, but token performance it's right up there with the best I've ever seen.
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I'm pretty sure this token was over $200 very recently, my exchange has it at just under $100... so why is CoinGecko listing it as a 0.0955 token ? Surely not ? What's more... there's no past history of higher prices, which is untrue. Also listed as N/A in the rankings, whereas before it was ranked around #250 .What happened ?
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So here we have one of the most promising projects for 2021 ( Tokenized Real Estate ) nearly 99% down ! Good time to buy or is this project about to get wiped out ? Yes, we have "The Neighbours" now, and they pay nice yields... but it's still virtual real estate, LABS offers real properties that actually exist somewhere in the world and you can go visit and invest in. Not to mention the fact that you could sell your property there someday. So is this another great project about to tank out ? Or could you make an easy 10x on your investment if you got in now ?
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Do you need to have the Solana Network setup on Metamask ? do you need the Fantom network setup ? I've got most of the other Networks ( ETH, Binance, Avalanche, Polygon ) but I think I might need The Solana or Fantom Networks as Star Atlas runs on Solana. I'm still not sure how to manually set up Solana Network on Metamask though, and once I do that, will I need to move funds into it ( ie. from ETH Mainnet to Solana ) to be able to buy Star Atlas ?
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Wow... no takers ? Hhhmm....
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This is more of a technical question here. I'm trying to get my Terra Luna tokens out of the centralized exchange into a hardware wallet. I see that Ledger now offers support for this token, and also the SafePal wallet. In SafePal, I've noticed you can only Send/Receive , not Swap or Buy this token. However, the part that I don't understand is why INJ ( Injective Protocol ) is listed under Network. Comparing this to the Ledger listing, I find the regular Terra token ( LUNA ), and a Terra Token labelled as ERC20 ( TRA ) No Network information is listed. I think my centralized exchange uses the Ethereum network as default but I'm not sure. My question is then what to do if the Networks listed are different. For example, if I try to send a LUNA token from the SafePal wallet to the Ledger wallet or vice versa. Assuming the Ledger wallet is using the ETH network I would be sending a token from the Injective Protocol Network to the Ethereum Network. So two incompatible networks... will it work ? Or are they compatible ?
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Quick question here: since I've already got a Trezor hardware wallet setup, could I "import my existing wallet" using the Trezor 12 word seed phrase ? Or should I just create a new wallet on Metamask, since many of my coins are not supported in Trezor ?
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By the way, I don't think Safepal would be very useful for DeFi, since most DeFi pages only support Ledger Nano and Trezor ( sometimes only Ledger ) when they ask you to "connect hardware wallet".
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