Anyone think they're going to ever make a comeback or are they totally dead?

Sell off of DAI?

So like lets say bunch of people buy in mass sell their bitcoin for like 60,000 USD in DAI, bitcoin drops to 30k.
Everyone still has 60k of DAI, but if bitcoin is only worth 30k then how can they cover if everyone sells their DAI for us dollars?

So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.

Just because he says some negative or positive stuff, why do people react so much?

Whatever the reasons, are people done listening to him now or what?

I remember when he first tweeted anything about crypto it was doge. He just had a simple rocket with doge on the shuttle and posted that.


SOmehow.... this made doge go from less than a cent all the way up to 7 cents! Wtf kind of power is that?

Then he did some more doge tweets making it go as high as 70 cents.


But then with just one simple tweet, he dumped the bitcoin price. HOW!?


But yeah, has he numbed peoples nerves enough yet or what? It seems like it considering his last positive tweets haven't done much to bump the price up. What gives? Is his power done with or is it just easier to crash a market instead of pump it?

[However]

This is assuming you bought it early before a price pump. There is no good news if you bought high.

However, considering it's almost confirmed that we're going into at least, a mini bear market. Altcoins are going to suffer the hardest. Many alt coins are never going to go back to their all time high. I doubled my money gambling hyped up alts and the "nFt" scam... Nooblet me mistakenly thought the buy and hold strategy applied to alts. Worst mistake of my life.

I thought I was being "safe" by not taking profits. I should have sold half or more on all those coins I gained on. Now most of them, crashed down to below what I even paid for them. I could have done really well but there needs to be a golden rule that you hold bitcoin and trade alt coins.

That's going to be my golden rule.

Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins.

^ I'm going to hand write this over and over 100 times on a piece of paper like I'm back in elementary school getting punished.

I'm gonna hold every alt that has a loss. I still think it's better to hold at a loss for the hope a pump happens again. If I can break even I'll trade it back to bitcoin.

I only remained profitable with Doge (surprisingly and only due to unintentional luck) and Eth, and KSM barely.. Every other altcoin so far has been a loss. I guess it made sense at the time. I think I might be at an even higher loss if I bought bitcoin at 55 to 60k vs alts that were pumping up. However, at least with bitcoin, at very least... with bitcoin, even if you bought high, you can hodl, and you are almost guaranteed that it will one day smash through it's all time high. Countries are going to flock to bitcoin, not alt coins. Bitcoin might recover from this dip or mini bear market and continue to smash through all time highs. alt coins? Maybe. Probably not.

With alts. I've been looking at the history of most of them and well guess what. Most of them never touch their all time high in the next bull runs. Some go even higher, most dont. And many drop out never to be heard again. I knew the risks but being dumb, poor, and most importantly, super late to the game, I knew there was no way I could ever get to the amount of bitcoin I wanted to be at. Some alts were still kinda low and I heard you can get percentage gains more than bitcoin. My idea was to ride pumps on altcoins, then eventually trade profits into bitcoin, but I didn't know when to get out.

I think the golden rule of alt trading for me will also be. As soon as your money doubles, sell half, that way you're guaranteed to have not lost any money. I was hoping to ride up just a little longer. I heard of people getting 3x 10x sometimes 100x. I let emotion get in the way. I started smoking just a little hopium, then got hooked, next thing you know I was a crypto hopium addict. Now I'm living in the digital streets having spent all my hard earned money on this hopium crap. Felt good till the crash. Now I'm in the gutters begging the crypto gods for the next fix. Just one more pump plz...

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Are they legally required to ask for your number or do they want it for themselves?

Are there any free online numbers that will work?

Simple question but if anyone wants to know some backstory.... I used to use the incognito wallet. The fees were measured in pennies. But... I ended up losing nearly 2000 dollars in slippage fees. Basically half of what I exchanged didn't make it somehow. I used to absolutely positively love and adore the incognito wallet. It was like the best thing since sliced bread, it literally only cost like a penny or two worth of their native token to swap bitcoin or whaever crypto for monero or whatever other crypto. I used it for a long time no issues until one day I made a trade. I didn't think about slippage or anything. I've swapped on other wallets and slippage is between 1 and 3% and it's set to a max meaning if it's more than that it wont go through (at least on safepal swap). Well, I hadn't heard much about the wallet, and I was cautious and over the course of months when I got my paycheck and bought on an exchange, sent a few hundred on the site and traded for monero. Everything about the wallet was legit so I never had any issues so when the markets were dumping, I decided to go all in one day and got all my savings during this big crypto dump.

I just made the trade like I always did and wham. I was wondering.... why.... do I only have like 4100 dollars worth of XMR when I traded nearly 6000 dollars? Wtf, is this some sort of error? I looked at the charts, used some conversion sites and realized omg.. during the span of a minute or less, a ton of money just went "poof." I contacted their staff and they said it was lost to slippage because the amount was too large of a trade or something, they said sorry for my loss but nothing can be done about it. I nearly rage quit from this news because that money I saved up for years of my life. So like nearly an entire year of saved up wage slaved wages gone, poof, in less than a minute. Lesson learned. I'm still devastated over the loss but yeah Idk if I can trust the incognito wallet anymore after that. I guess I should have researched it more but there is hardly any info, no warnings or anything about this specific situation. I guess that's what happens when you're careless with this stuff and take things for granted just assuming an app will work as you expect it to. Well... hopefully long as I hodl it will eventually go up I guess and at very least one day recover what I lost. Of course I'm sure Bog is gonna keep the markets dumped. The luck in my life makes me think they're personally out to get me in particular, so far the markets are making me think we're done with the bull run so idk. I dont even flinch when I put money in and there is a dip or dump. You know if you hold it will prob just go back up... But when the money just goes poof, and doesn't even make it from a conversion over. It's like seeing the money just go up in flames. Totally different feeling.
-_-,...

So bitcoin gets exchanged for monero, the monero is sent somewhere else and exchanged back to bitcoin in a similar not not exact amount. How would someone who is interested in following the transaction history be able to know where the new bitcoin address is that the monero exchanged into?

I hear it's good but how much better is it for companies to invest in using it? I know there are some using it already I believe. How long have they been operating and if they have a good record of reliability what is stopping more major western companies from using it? I hear it's mostly eastern companies in China. How much would a company save using Vechain over standard logistics tracking?

I made a thread called

"Which stable coin is the cheapest + fastest for sending?
Between USDT, USDC, and DAI"

And it got deleted. I asked a mod and he said he didn't delete it but maybe it violated the first rule of the website about "No zero or low value, pointless or uninteresting posts or threads. "

So.... if that's the case sorry. Maybe this is such an obvious answer. Me being a noob I honestly dont know other than in terms of sending, XLM, Tron and XRP are much cheaper than Bit and Eth.

But if the thread was in fact a violation of rule 1 because it's just something everyone should know. Is there a website that teaches all of the basics of all of the different cryptos and their fees? I looked online and didn't find much other than stuff about the fees on bitcoin vs Eth vs others but it didn't talk about stable coins. So if there is like a wikipedia or website for all the cryptos I'll refer to that before asking on here.

Waltonchain looks dead, is it over for Waltonchain or do you think it will one day rival Vechain again?

What happened? I read something about Vechain was chosen over Waltonchain for supply chain management. Is there a flaw in Waltonchain or is Vechain just a lot better and more efficient?

It seems promising. It makes your coins private and you can swap for other coins with low fees it seems. I havent used it yet but seems promising.

The Exodus wallet for example, has a simple "swap" feature that you can swap stuff for XMR. But the fees are high. Are there any other wallets that have this function? It of course only works if you have a VPN turned on to set you outside of the USA. There are exchanges, but it's a cluster to set up accounts, and I dont want to risk getting locked out if they suspect I have a VPN on and am actually from the USA. So are there any specifically wallets that have this function other than Exodus, but also, are a lot cheaper in fees?

I hear everyone talking about how it's going to be alt coin season when bitcoin season is over. But how? Whenever bitcoin falls, for some whack reason alt coins follow suit. Even those coins whos projects have nothing to do with bitcoin like Vechain.

I really feel like we've hit the market cycle top earlier than expected tbh

Like for example say exodus vs wasabi?

Exodus for example, I dont think they collect your info. Let's say a government wanted to give a warrant for them to look into some random dudes wallet. Would they hand the info over or something or what?

What's the best privacy wallet that has the most amounts of token coins n stuff?

So, why do some crypto ATMs require KYC but others just require a phone number?

Does this mean KYC is basically optional?

What types of info can they get from a phone number? I see this is the most convenient way to buy crypto..... sort of anonymously but not really if they have a phone number attached to your name. 

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?

I'm thinking of making this my number one alt-coin, even to surpass eth. But, the charts showing it shoot up, looks like we'll have a big correction but I thought that a week ish ago and we had really really minor dips. I'm wondering if its gonna be another bitcoin/eth where it shoots up. I'm waiting for a dip that doesn't seem to come. Idk. I think we have a good bit of simmer till maybe fall for alt coins to shine so I'm guessing now is still a good time to get more in? I just feel like a dip is coming. But feelings are often wrong. So what do you guys think?

Also, any hope of it going to 14 dollars a coin within the next 5 to 10 years? I saw some youtube vids talking about how it might do that.

If you live in the USA and cant buy it on binance.


(Binance totally locked up my account for some reason and wont get back with me, which is whatever because I didn't have any crypto on it anyways... and I guess they think I'm trying to do something against their rules as they wont let me create another account)