How to store your cryptos?

[Yodean]

The following is a small collection of past posts re/ King USD, the centerpiece of the global financial system:

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Yodean » Tue Jun 29, 2021 8:01 pm:
"As for the USD, although I am long-term bullish, I would guess that it will be mostly range-bound between 88 and 96 for the remainder of 2021, accounting for the possibility of temporary spikes above or below this range."

I am long the dollar, started at 92.50 all the way to 93.75 via the futures market. I will take profits from time to time but my main goal is to use pullbacks to keep opening up more positions via the futures markets

Sol, Dec. 7th/21:
I am closing most of my long futures positions, booking pretty handsome profits. Futures are high risk, so I am waiting for a pullback as it is now trading in the extremely overbought ranges on the weekly charts. I will use PB's to open new positions.

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[AstuteShift]

https://youtu.be/0k8IFf2UVDw

Another sign that the crypto market is ready for a strong bleed

[AstuteShift]

The Jim Cramer indicator is producing another signal

[SOL]

The Jim Cramer indicator is producing another signal

A true ex spurt a spurt that never was. Probably the massacre is going to happen a lot faster than expected. with cryptos its cryptic so when things go wrong they go wrong fast and vice versa

[bpcw]

Does that mean gold is going to fly too?!

[Budge]

The Jim Cramer indicator is producing another signal

A true ex spurt a spurt that never was. Probably the massacre is going to happen a lot faster than expected. with cryptos its cryptic so when things go wrong they go wrong fast and vice versa

EX - a has been. SPURT - drip under pressure

[Yodean]

EBI: 81%buy/19%sell;

BTC analytics:

-Fierce war currently being waged between bulls and bears around BTC's 200-day MA.

-Significant support in the 38k - 42k range, which may be hit this weekend or next week - this will represent my personal SMOAB ("Stepmother of All Buy") signal. MOAB is 28k to 32k, FOAB is sub-25k.

-BTC needs to break above the 50k to 52k zone definitively and for a period of time for the bullish trend to resume, in the short-term.

*****

The above does not constitute specific financial advice. The crypto. sector will always be a "Killing Fields" of sorts, and unless you are prepared to bleed a bit at times, I would not recommend venturing into this sector.

Through my Russian pinhole glasses, BTC looks like it has one last dance left to the upside in the next several months, before some variety of "Crypto. Winter" sets in ... I guess I'll find out in real-time just how many karats my Diamond-Hands are, lmao.

Just remember you're dancing with spears when you trade cryptos ... be safe, but not too safe ... life without risk is certain death.

[bpcw]

EBI: 81%buy/19%sell;

BTC analytics:

-Fierce war currently being waged between bulls and bears around BTC's 200-day MA.

-Significant support in the 38k - 42k range, which may be hit this weekend or next week - this will represent my personal SMOAB ("Stepmother of All Buy") signal. MOAB is 28k to 32k, FOAB is sub-25k.

-BTC needs to break above the 50k to 52k zone definitively and for a period of time for the bullish trend to resume, in the short-term.

*****

The above does not constitute specific financial advice. The crypto. sector will always be a "Killing Fields" of sorts, and unless you are prepared to bleed a bit at times, I would not recommend venturing into this sector.

Through my Russian pinhole glasses, BTC looks like it has one last dance left to the upside in the next several months, before some variety of "Crypto. Winter" sets in ... I guess I'll find out in real-time just how many karats my Diamond-Hands are, lmao.

Just remember you're dancing with spears when you trade cryptos ... be safe, but not too safe ... life without risk is certain death.

Yodean, aka CC Ninja!

[Yodean]

Yodean, aka CC Ninja!

Strictly speaking, I don't own any true cryptocurrencies - I only currently own the crypto. trusts or ETFs, as well as COIN and HIVE. Too lazy to open an account at a crypto. exchange.

So I prefer the moniker "Laughing Ninja."



Laughter is accessible to all, regardless of wealth, religion, gender, political affiliation, what one had for breakfast ... if I was forced to worship something, I would probably choose the Goddess of Laughter.

The one who can laugh through suffering has no real problems.

[SOL]

Just remember you're dancing with spears when you trade cryptos ... be safe, but not too safe ... life without risk is certain death.

You got balls I will give you that. Playing options is enough risk for me than to try to take on bitcoin when it looks so frothy. I hope you are right. I don't mind being wrong as me being wrong means I lose nothing as I have no stake in BTC but you being wrong means you would take some losses or a reduction in profits.

[AstuteShift]

Just remember you're dancing with spears when you trade cryptos ... be safe, but not too safe ... life without risk is certain death.

You got balls I will give you that. Playing options is enough risk for me than to try to take on bitcoin when it looks so frothy. I hope you are right. I don't mind being wrong as me being wrong means I lose nothing as I have no stake in BTC but you being wrong means you would take some losses or a reduction in profits.

Puts on bitcoin is a good asymmetric bet. With the addition of BITO ETF and the Cramer indicator along with the dollar bull market, hoping for bitcoin to reach 100k is like the homeless asking for 100 dollar bill and somehow getting one sap to give before he spends it on drugs.

Possible? Yes however they’re are too many wannabe bulls and fanatics that need to be flushed out.

[AstuteShift]

https://youtu.be/i_VsgT5gfMc

The NFT market is a pure example of fleecing the masses

[Yodean]

The NFT market is a pure example of fleecing the masses

At some point, it is likely that the NFT sector will crash by 70% to 90%. However, I don't think we're quite there yet.

Yes, even the lovely but simpleminded Melania T. recently got into NFTs.

But if you really do a proper sentiment analysis, it's mostly the Snowflakes and younger Millennials (i.e. the groups that don't have that much $$$) who are blabbing on social media about NFTs.

The ones with more $$$ (i.e. Gen. Z, Baby Boomers, major institutions, etc.) are highly dubious about NFTs at best, and most don't even know what "NFT" means or stands for.

The first Tulip Bubble in NFTs has a bit of a way to go to the upside before it pops, I would think.

Disclosure: I have a position in NFTZ, and added a bit more to it today.

[Yodean]

The following 13-minute clip is quite good:

https://youtu.be/gnu_TAYxWn4

*****

Touches on NFTs, the Gamefy Everything trend, Play-To-Earn trend, emerging View-To-Earn trend, cryptos-blockchain, and how all the aforementioned interact with each other. The interviewee is quite reasonable and measured in his responses.

[symbios]

The following 13-minute clip is quite good:

https://youtu.be/gnu_TAYxWn4

*****

Touches on NFTs, the Gamefy Everything trend, Play-To-Earn trend, emerging View-To-Earn trend, cryptos-blockchain, and how all the aforementioned interact with each other. The interviewee is quite reasonable and measured in his responses.

This guy basically sums it up pretty well. NFT started as some kind of digital art. Sure, there was the tulip craze then. But NFT as a category does not equate to digital art only. It is transforming into utility token. It facilitates trading of certain rights and benefits digitally.

Let’s take an example, TI decides to have limited number lifetime sub, it sells an NFT for say $2000 each. Owners of the NFT needs to pay $100 annually to maintain the NFT and they will have lifetime sub. An owner decides to quit TI, he decides to sell his NFT to another person who is willing to pay $2500. TI can take a commission of 10% from the sale. Original owner gets back his money, transfers his rights of cheaper lifetime sub to another person. Ok.. maybe I shouldn’t call this lifetime sub but a heavily discounted sub or locked in sub. Anyway now we have enabled trading of rights and benefits through NFT which used to be a pain in the ass to accomplish.

Ps. I did email TI to ask whether I could pay for lifetime sub. Alas the answer is no..