1. If you plan to HODL long get a good portion of your portfolio off exchanges if you haven't already. 2. Enjoy the ride  90% of the crypto I own is now on my ledger. I am coming up to 1 year in this crypto space and it has felt like a long year but at the same time has gone pretty quick! Are we thinking another year before prices start to really shoot up again? |
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I work full time Mon-Fri with no option of overtime and lately have realized I have a lot of spare time on my hands and want to do something a few evenings during the week to bring in extra money, any ideas?
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I managed to send some Alliance Block (ALBT) to my ledger was easy in the end as it it ERC20 token.
There is however quite a high fee of 100 ALBT when withdrawing from Kucoin. Is there any other way I can make this cheaper or is this fee normal?
What? currently ALBT is worth for $0.04-$0.05, so 100 ALBT only cost you for $4-$5. Although if you're using on-chain network and the fees will be very much cheaper, Bitcoin fee also only cost you less than $1. But we're talking about centralized exchange where they can charge any amount based on their rules, this is another reason why centralized exchange should be avoided. Yes the 100 ALBT was £3.92 it cost me, just wasn't sure if that was normal. I spoke with someone on Kucoin and they said the fee will always be 100 ALBT no matter how much I withdraw so I it's not bad I suppose. |
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I managed to send some Alliance Block (ALBT) to my ledger was easy in the end as it it ERC20 token.
There is however quite a high fee of 100 ALBT when withdrawing from Kucoin. Is there any other way I can make this cheaper or is this fee normal?
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I want to start investing in Alliance Block, not a big amount but enough to get a small bag to hold until the next bull run in a few years.
I like to store crypto on my ledger but cannot see this listed when checking to see what cryptos are supported by ledger.
I have read online that you can store Alliance Block on ledger but I have no idea how.
Does anyone know if this is possible and if so how do I go about doing this?
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I started investing in Bitcoin after the June crash this year and have been buying weekly since.
I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.
I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.
I think we will have one more crash personally to $12,000 before we start steadily going up again.
Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?
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The pump doesn't make sense, how much was it when it also had pumped before? I think that's more than 0.0002. I don't see any on it as a good sign but it is more of a just casual pump-and-dump token. There's no need to hope for this coin as it's merely dead. I don't know how many still buys it but likely it's just for scalping and taking advantage while there's still a liquidity from it but if someone hopes for it as a long investment, that's a wrong idea on buying it.
I bought in at 0.0001 and sold most of my investment at 0.0004. I now have 2 million coins I am holding for free , I am hoping for another pump to 0.0005 at least like we had in September. I am just not sure if I should sell all once we see another big pump and move the profits into Bitcoin or hold for another 12-18 months hoping it burns another zero and reaches 0.001. Good if you've got that 2 million for free and you've got your capital back to you. So, whether you sell or not, you're still going to make a profit from it. 0.0005 is quite that much but who knows when these pumps will bring you. But a brotherly advise is that, don't be too greedy, when you're already in profit, don't forget to sell and this coin is no good for long term just as I've said or else it will be left behind like any other coins that have been totally dead. Great advice, don't be too greedy, taking profits is never wrong. Especially we're in a bear market where most people are losing money, it's getting harder and harder to make a profit. If it were me, I would sell out and switch to bitcoin, bitcoin is the safest option right now. Lunc is now like a shitcoin just pumping and dumping, it might go up to 0.0005 as OP expected but it could also crash again. OP, you should consider selling if it is already profitable. I will wait a little longer to see more price action as at the moment I feel it is not worth selling as it could easily double or treble in price from where it is now. |
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The pump doesn't make sense, how much was it when it also had pumped before? I think that's more than 0.0002. I don't see any on it as a good sign but it is more of a just casual pump-and-dump token. There's no need to hope for this coin as it's merely dead. I don't know how many still buys it but likely it's just for scalping and taking advantage while there's still a liquidity from it but if someone hopes for it as a long investment, that's a wrong idea on buying it.
I bought in at 0.0001 and sold most of my investment at 0.0004. I now have 2 million coins I am holding for free , I am hoping for another pump to 0.0005 at least like we had in September. I am just not sure if I should sell all once we see another big pump and move the profits into Bitcoin or hold for another 12-18 months hoping it burns another zero and reaches 0.001. Good if you've got that 2 million for free and you've got your capital back to you. So, whether you sell or not, you're still going to make a profit from it. 0.0005 is quite that much but who knows when these pumps will bring you. But a brotherly advise is that, don't be too greedy, when you're already in profit, don't forget to sell and this coin is no good for long term just as I've said or else it will be left behind like any other coins that have been totally dead. Great advice, don't be too greedy, taking profits is never wrong. Especially we're in a bear market where most people are losing money, it's getting harder and harder to make a profit. If it were me, I would sell out and switch to bitcoin, bitcoin is the safest option right now. Lunc is now like a shitcoin just pumping and dumping, it might go up to 0.0005 as OP expected but it could also crash again. OP, you should consider selling if it is already profitable. I just feel that as I now have 2 million for free there is no risk for me financially so may as well hold it until I see a significant rise again in price. If I sell now that is only $360 profit and yes I could put this into Bitcoin but if I sell at 0.0005 which could happen at any moment then that would give me $1000 profit. |
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Terra luna classic has pumped in the last 24 hours to almost 0.0002.
This is good sign but not a big enough pump for me, I am not taking any more profit until 0.0003 at least.
What are the chances we have another pump like we did in September?
How many are still buying or holding terra luna classic?
The pump doesn't make sense, how much was it when it also had pumped before? I think that's more than 0.0002. I don't see any on it as a good sign but it is more of a just casual pump-and-dump token. There's no need to hope for this coin as it's merely dead. I don't know how many still buys it but likely it's just for scalping and taking advantage while there's still a liquidity from it but if someone hopes for it as a long investment, that's a wrong idea on buying it. I bought in at 0.0001 and sold most of my investment at 0.0004. I now have 2 million coins I am holding for free , I am hoping for another pump to 0.0005 at least like we had in September. I am just not sure if I should sell all once we see another big pump and move the profits into Bitcoin or hold for another 12-18 months hoping it burns another zero and reaches 0.001. |
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Terra luna classic has pumped in the last 24 hours to almost 0.0002.
This is good sign but not a big enough pump for me, I am not taking any more profit until 0.0003 at least.
What are the chances we have another pump like we did in September?
How many are still buying or holding terra luna classic?
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For those who have been in crypto since the last bear market are these low prices normal or something to be concerned about?
I will continue to DCA but with the last few weeks of bad news surrounding crypto I am more cautious now.
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Thanks for replies so far.
I started investing in crypto in January but it wasn’t until the June crash that I started Bitcoin. I have DCA Bitcoin weekly since June and my average buy is currently $19k so feel that was a pretty good time to start accumulating Bitcoin.
I am hoping these very low prices last at least another 3 or 4 months so I can accumulate as much as I can. I am currently focusing more on Bitcoin as some of the altcoins i have invested in are down over 90% since all time high and not sure if they will survive bear market.
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I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
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Is it not a good time to buy something like Decentraland that is 92% down from all time high?
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I am going to stop investing in it for now, will next buy more when it drops to 30p.
I think Decentraland will recover but think I will be waiting for 12-18 months minimum until it goes back to all time high, just have to be patient.
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Decentraland was the first crypto I invested in when I started investing February this year buying at £2.45.
I have been DCA a lot since the June crash and I thought 60p was a steal but in recent weeks it has just kept falling and is now at 34p. My average buy is now only 64p but I am still 46% down on it overall.
This is my first bear market experience and I know altcoins being down 90% is normal but I thought the metaverse was supposed to be the next big thing?
I am still buying at these cheap prices just not as often now.
Would be interesting to hear any thoughts on this? Are you for or against Decentraland and if so why?
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Algorand was one of the first Crypto I purchased when I began investing 9 months ago and have been DCA weekly since the June crash to a point now where it is the third biggest position in my portfolio, my average buy price is now £0.29.
As one of the sponsors of the world cup which begins in a few days I am hoping to see some positive price action but with the way the bear market is going won't be surprised if we don't.
Currently number 28 by market cap I am hoping Algorand becomes a top 10 crypto by the next bull run.
I do not hear much talk of Algorand so would be interesting to hear everyone's thoughts both good and bad?
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Hopefully with Crypto.com being a sponsor of the world cup which starts this weekend the price will pump a bit.
I will not sell my entire position as I do feel long term it can reach $1 however I am just not as confident in it as I once was having seen what happened to FTX.
I only started investing in crypto 9 months ago so this is my first bear market so is new to me and I am yet to experience a bull market but am happy to wait till 2024/2025 for the next bull run.
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Just an update on my own investment with CRO.
I bought at the bottom a few days ago which has now reduced my average buy to £0.10.
Things seemed to have cooled down last few days but I am now not as confident in CRO as I was this time last week.
I am hoping it can reach £0.08 in the coming weeks where I plan to trade half of my position for Bitcoin which now feels a lot safer.
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Crypto.com price is rising today so hopefully this is the start of it recovering
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