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re: Official CryptoTalk Thread

Posted by maclauer on 12/30/21 at 9:15 pm
I’m back in Sushi after losing a lot of money on it back last winter. Time is a flat circle and all.

re: Official CryptoTalk Thread

Posted by maclauer on 12/13/21 at 4:05 pm
I went long MATIC here at $1.8 since the selling dust seems to have settled for a bit and MATIC has been the springiest major alt during the recent volatility. Went long BTC a little too early last night lol. Only 20% exposed compared to a few weeks ago, though.

re: Official CryptoTalk Thread

Posted by maclauer on 12/4/21 at 1:51 am
Yeah, each time is different. And I don’t mean that in a sarcastic way. I just think any of us who have been around for over 4 years knows when it starts to smell. It did a couple weeks ago. But out of the nukes tend to come new flowers. We’ll see who is picked this time

re: Official CryptoTalk Thread

Posted by maclauer on 12/4/21 at 1:29 am
Personally I would wager that people get sad over S2F being a myth, YE selling, and then tax selling. Narrative around 4 year cycle and bear market. Then when everyone underexposed a big rally in spring.

Who knows. I was fortunate to catch both runs this year. Risk looks greater than reward in equities. With BTC in the 40s again I’m not sure that’s the case here, though.

re: Official CryptoTalk Thread

Posted by maclauer on 12/4/21 at 12:46 am
Nukes like this after periods that have been flat to down are generally not good signs. I’ll get downvoted for being realistic and not saying $100k next week but after the relief bounce I think this thing is done for now. The macro headwinds just too strong.

re: Official CryptoTalk Thread

Posted by maclauer on 12/3/21 at 11:33 pm
quote:

Bitcoin languishing after a selloff while ETH/BTC pops off. Feels familiar, feels late cycle


Ballgame

re: Official CryptoTalk Thread

Posted by maclauer on 11/30/21 at 10:53 am
quote:

On the other side of the coin, when the ratio hit these levels in May, everyone crashed very soon afterwards. Here's to hoping it's different this time.

Feels like we got a week or two left. Hoping ETH & SOL ATHs as a going away present for the year.

re: Official CryptoTalk Thread

Posted by maclauer on 11/23/21 at 3:55 pm
Gamecoin, doge classic, tiger king coin, shiba all have their own threads on page 1 of this board…

re: Official CryptoTalk Thread

Posted by maclauer on 11/23/21 at 10:10 am
Bitcoin languishing after a selloff while ETH/BTC pops off. Feels familiar, feels late cycle

re: Official CryptoTalk Thread

Posted by maclauer on 11/22/21 at 1:28 pm
Just hoping we can get a couple more weeks of #L1szn and some nice exit pumps, namely for my hefty SOL bags. Hopefully bitcoin vol will slow even if it is a continued bleed out into alts.

re: Official CryptoTalk Thread

Posted by maclauer on 11/22/21 at 10:59 am
They will just continue to come up with new on chain metrics that work on backtests but provide almost no real time alpha

re: Official CryptoTalk Thread

Posted by maclauer on 11/21/21 at 11:00 pm
Market just oversaturated. Too many projects people actually believe in, even though no one uses them. I moved 50% into stables for the yield myself as well. Likely to be fully in stables / USD by EOY.

Tax season is gonna be rough for many and the meme of tax selling is likely to occur this year more than any

re: Official CryptoTalk Thread

Posted by maclauer on 11/21/21 at 10:28 pm
Agreed. People will be offsides expecting that

re: Official CryptoTalk Thread

Posted by maclauer on 11/21/21 at 10:12 pm
This cycle looks cooked. Probably a couple weeks left of #altszn but that’s about it. Pretty lame BTC only topped at $69k but the bear won’t be 85% and 4 years, either. Just steadily becoming a macro asset.

I said it was about over back in May after Elon tweet and got downvoted into oblivion. And I still have about half my net worth in SOL for the final leg fwiw.

No one knows anything and I’m just guessing but Three Arrows pumping AVAX like they did defi for a final exit pump back in May and BTC falling below 50MA while alts outperform feels all too familiar.

re: Official CryptoTalk Thread

Posted by maclauer on 11/4/21 at 10:58 am
I think it’s now part of the macro and next year looks tough with inflation fears likely tightening fiscal & monetary + midterms. People will blame the 4 year cycle for next year’s bear and be caught off guard when the rally happens much earlier than they’ve been trained following that downturn.

re: Official CryptoTalk Thread

Posted by maclauer on 11/4/21 at 10:47 am
quote:

this is the first time I've trimmed my Sol position into stables. would love to go back to $200

Breakpoint this weekend . Hoping break 250 and head toward 300, if bitty is cooperative

re: Official CryptoTalk Thread

Posted by maclauer on 10/5/21 at 5:50 pm
Feels like ages since we pumped on Monday / Tuesday

My bags have been packed and stowed for some time ready for Uptober

re: Official CryptoTalk Thread

Posted by maclauer on 9/8/21 at 5:11 pm
I did convert 3/4 of my ETH to SOL last night. Woke up with SOL:ETH down 10% but now back +12% or so from conversion rate :lol: SOL is just a freight train

re: Official CryptoTalk Thread

Posted by maclauer on 9/8/21 at 1:11 am
frick the SEC

And after Brian Armstrong’s tweets it’s pretty clear today’s cascade came from people who knew trouble was brewing with regulators

re: Official CryptoTalk Thread

Posted by maclauer on 9/7/21 at 6:10 pm
Struggling to see why I should continue to hold Ethereum. Seems pretty clear theres no light at the end of the tunnel with their scaling issues and SBF & co gonna eat their lunch. Might turn the BTC/ETH/SOL folio into just BTC & SOL.