Be ahead of the curve

[deleted641888]

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Exiting sol with pleasure



Its not that hard but I suggest the vast majority to just use a staking platofrm or pool.


I have a small set of 5 PCs clustered together and 2 fall back offsite. Using proxmox hypervisor to run Linux VMs and afford high availabiliy. Also a dedicated UPSx2


People running a single node with a docker container will get ruined it is a matter of time. Maybe your power cuts. Maybe network goes down. Maybe a your router ****s up dhcp leases. If you aren’t technically competent it completely ruins the risk reward

Eh, staking platforms and pools have their own risk/reward profiles. Just a matter of what you are willing to give up. In regards to an ETH validator, you lose as much as you gain in the same amount of down-/uptime. If you’ve been running validators for one year, two or three days of downtime to troubleshoot is peanuts comparatively. Agree it does take some time and dedication to learn how to troubleshoot. It’s not for everyone.

 

[Z-Qualizer]

BTC is flirting with $50k today!!

LET’S GO!!!!!!! 💪

 

[mentos]

Didn't expect to see BTC 50k before the halving.

 

[Direct Laryngoscopy]

The ETF hasn’t really taken effect yet. I wonder if we break ATH before halvening?

 

[mentos]

Spot ETFs are up 40% from a couple weeks ago.

 

[Direct Laryngoscopy]

Wait till investment advisors and money managers catch up to speed on what BTC is and start offering it to their clients. Larry Fink of BlackRock has done some HW. The more BTC is taken off the market by hodlers and now institutions through ETF, and the halvening and we might see big candles.

 

[finalpsychyear]

The ETF hasn’t really taken effect yet. I wonder if we break ATH before halvening?

probably a local top and correction ahead. 40-45k sideways action till halvening imo. I still stand by we will be somewhere in the 80-90k range ATH this cycle as a top. Everyone assuming that 100k is a given except those with the power to make sure it doesn't and make uber high money shorting and selling to squeeze everyone else. Options calling for 65k by end of sept so there's that. I think people are getting way to ahead of themselves. I can see low 60's in sept end and 80-90k as the top for this current cycle.

Edit: I would be very happy to be too low on this one and somehow we hit 125-150 crazy kinda numbers but I feel that may be the 2028-2029 cycle top

 

[mentos]

probably a local top and correction ahead. 40-45k sideways action till halvening imo. I still stand by we will be somewhere in the 80-90k range ATH this cycle as a top. Everyone assuming that 100k is a given except those with the power to make sure it doesn't and make uber high money shorting and selling to squeeze everyone else. Options calling for 65k by end of sept so there's that. I think people are getting way to ahead of themselves. I can see low 60's in sept end and 80-90k as the top for this current cycle.

I didn't know you can buy option calls on BTC price.

I agree with your prediction. I don't think BTC hits 100k this cycle. If ETH hits 5-6k, I'm out until next cycle.

 

[mentos]

Do you guys think SOL, ADA, DOT will reach their previous highs this cycle? I'm almost even with ETH but the rest of my bags are heavy.

 

[Direct Laryngoscopy]

Do you guys think SOL, ADA, DOT will reach their previous highs this cycle? I'm almost even with ETH but the rest of my bags are heavy.

This cycle I’m stacking BTC but getting some SOL and L2 BTC protocols like STX and SOV. I think $SOL has a chance to be one of the darlings of this cycle.

 

[sevo00]

Officially became a millionaire today with the recent gains in BTC and alts. 3 years out of residency. Hopefully I don’t fumble the bag this cycle!

 

[Direct Laryngoscopy]

Officially became a millionaire today with the recent gains in BTC and alts. 3 years out of residency. Hopefully I don’t fumble the bag this cycle!

Congrats.

Alt season is upon us. Remember to take profits.

 

[finalpsychyear]

Congrats.

Alt season is upon us. Remember to take profits.

You have clearly been ahead of the game and times on starting this thread.
I am curious as to what your price prediction ranges are for both BTC and ETH for 2024 highs and then their 2025 cycle peak.
Here are mine:

BTC/ETH high in 2024 : 60-65 btc, 3500-4000 eth

BTC/ETH cycle top 2025 conservative ranges: 75-85 btc, 4500-5500 eth

 

[Z-Qualizer]

You have clearly been ahead of the game and times on starting this thread.
I am curious as to what your price prediction ranges are for both BTC and ETH for 2024 highs and then their 2025 cycle peak.
Here are mine:

BTC/ETH high in 2024 : 60-65 btc, 3500-4000 eth

BTC/ETH cycle top 2025 conservative ranges: 75-85 btc, 4500-5500 eth

Personally, barring some catastrophic black swan event (ex: WWIII) I don’t see any way BTC doesn’t break $100k in 2025.

As fast as Blackrock and others are gobbling up this asset, do people really think they’re just going to STOP and say “ok that’s enough” or DUMP/sell off these assets? These aren’t common fickle traders we’re talking about here - these are professionals.

And don’t forget… never underestimate the power of FOMO!! Once we hit 70k+ and break the previous high, Bitcoin will be all over the news - people will be coming out of the woodwork to buy it at the new high, which will push it up even further.

 

[Direct Laryngoscopy]

You have clearly been ahead of the game and times on starting this thread.
I am curious as to what your price prediction ranges are for both BTC and ETH for 2024 highs and then their 2025 cycle peak.
Here are mine:

BTC/ETH high in 2024 : 60-65 btc, 3500-4000 eth

BTC/ETH cycle top 2025 conservative ranges: 75-85 btc, 4500-5500 eth

My uneducated predictions are

2024: BTC 75-100K ETH 3500-5000

2025: BTC 175-250K ETH 7500-10K

Although we’re seeing a decoupling of BTC and Crypto in real time, I still think a macroeconomic event could cause a drawdown in the crypto market. I think Q1 or 2 of 2025 is where I think we’ll see mania resulting in a blow off top with my price predictions. The ultra bull in me wants to say the BTC market cap reaches that of gold (10 trillion, 500K/ coin) but I know mass adoption Takes time.

The Fed is trapped and more people are finally understanding how the system works. They will alway print money and cause inflation. Just a question of whether we see inflation in consumer price, stocks or our crypto bags.

 

[Direct Laryngoscopy]

I’ve acquired fidelity’s BTC ETF through my SEP-IRA (heavy weighted) and will hold at least through the mania phase and will reassess.

 

[finalpsychyear]

I’ve acquired fidelity’s BTC ETF through my SEP-IRA (heavy weighted) and will hold at least through the mania phase and will reassess.

is this because its not possible to get exposure in that type of account otherwise? If you say had 50k to invest would you buy the coin outright or go to an ETF for the added security ?

 

[Direct Laryngoscopy]

is this because its not possible to get exposure in that type of account otherwise? If you say had 50k to invest would you buy the coin outright or go to an ETF for the added security ?

For me I hedge BTC in different ways. I hold BTC myself because I think the way we do finance is changing in real time, and I have some ideas as to what the value of the coin could possibly be and how I’ll be able to use that collateral to invest in my retirement, my children, business ventures, etc. That’s a long term view and I don’t know if it even happens, but it’s a hedge.

I use the ETF for my SEP-IRA since I think we’re at the beginning of a bull market and my retirement funds could ride the green candles.

You should look at you depth of knowledge of BTC, self custody options, and if you trust yourself to hold it.

 

[sevo00]

Bahahahahahaha.

Y’all didn’t learn your lesson a few years ago?

really wanna hear from this guy now

 

[sevo00]

You’re honestly better off stuffing the mattress with silver and gold than Bitcoin. We figured that out 2 years ago when it was on a tear and then... kaboom.

Crypto makes commodity trading look stable.

lol this one is great. a masterpiece. should be printed and hung in the Louvre

 

[Direct Laryngoscopy]

Some of the responses were wild. lol.

 

[mentos]

COIN crushed earnings, which I presume is great for the ETFs.

 

[mentos]

really wanna hear from this guy now

I wanna hear from the Evergrow guy.

 

[Direct Laryngoscopy]

Wait till they hear that Bitcoin mining uses stranded energy and helps clean up the environment. And helps with the electric grid system. I spoke about it here but I was attacked.

 

[Direct Laryngoscopy]

A little under 10,000 Bitcoin are being bought up by institutions hosting the BTC ETFs daily. Only 900 new bitcoin are minted daily. That number is gonna be halved to 450 in a couple of months. What’s gonna happen to the price when demand outstrips supply available.

I’m accumulating (kinda) this year. By the time these ETF products are presented to retail towards the end of the year, it might be too expensive for even my colleagues here to purchase a whole BTC coin. I’ve been saying for awhile that we’re still early, but that time is probably gonna end this year.

Enjoy this bull market. I think it’s gonna be explosive

 

[finalpsychyear]

A little under 10,000 Bitcoin are being bought up by institutions hosting the BTC ETFs daily. Only 900 new bitcoin are minted daily. That number is gonna be halved to 450 in a couple of months. What’s gonna happen to the price when demand outstrips supply available.

I’m accumulating (kinda) this year. By the time these ETF products are presented to retail towards the end of the year, it might be too expensive for even my colleagues here to purchase a whole BTC coin. I’ve been saying for awhile that we’re still early, but that time is probably gonna end this year.

Enjoy this bull market. I think it’s gonna be explosive

So u are ok with buying btc in the low 50s and not waiting for pullbacks to add either via etf or actual coins?

 

[sevo00]

A little under 10,000 Bitcoin are being bought up by institutions hosting the BTC ETFs daily. Only 900 new bitcoin are minted daily. That number is gonna be halved to 450 in a couple of months. What’s gonna happen to the price when demand outstrips supply available.

I’m accumulating (kinda) this year. By the time these ETF products are presented to retail towards the end of the year, it might be too expensive for even my colleagues here to purchase a whole BTC coin. I’ve been saying for awhile that we’re still early, but that time is probably gonna end this year.

Enjoy this bull market. I think it’s gonna be explosive

When do you think this market will peak? Out now that we have institutional adoption the 4 year theory will no longer hold?

 

[Z-Qualizer]

I’m accumulating (kinda) this year. By the time these ETF products are presented to retail towards the end of the year, it might be too expensive for even my colleagues here to purchase a whole BTC coin. I’ve been saying for awhile that we’re still early, but that time is probably gonna end this year.

Enjoy this bull market. I think it’s gonna be explosive

After 2 straight years of accumulating during the crypto winter/bear market, I think I’m done for the time being - unless there’s a major pullback for some reason - my current plan is to sit back and enjoy the ride up!! 🚀

 

[mentos]

Please post when you guys sell. I never know when to sell.

 

[Direct Laryngoscopy]

So u are ok with buying btc in the low 50s and not waiting for pullbacks to add either via etf or actual coins?

I’m buying regularly this year. I think we top out sometime 2025, but it’s a guess.

For me signs of the top this cycle are mainstream media talking about it daily, a family member or friend that knows nothing about it talking about it, or those that are in the market talking about lambos and mansions. lol

 

[jjm285]

After 2 straight years of accumulating during the crypto winter/bear market, I think I’m done for the time being - unless there’s a major pullback for some reason - my current plan is to sit back and enjoy the ride up!! 🚀

Honest question, if it’s so certain to be a ride up, why not keep buying?

Edit: I’d ask the same thing to someone saying that about the S&P, or other assets too.

 

[Direct Laryngoscopy]

Sometimes you just wanna see number go up while others try to catch up.

 

[jjm285]

Sometimes you just wanna see number go up while others try to catch up.

Why let them catch up? Why not see the number go up more?

 

[finalpsychyear]

I’m buying regularly this year. I think we top out sometime 2025, but it’s a guess.

For me signs of the top this cycle are mainstream media talking about it daily, a family member or friend that knows nothing about it talking about it, or those that are in the market talking about lambos and mansions. lol

Thanks for the input. Im actually considering making my 2023 and 2024 contribution to HSA/ROTH IRA and SEP IRA all this month instead of always before the deadline so normally by april 15 2024 for 2023 contributions and then the following year. I am guessing you agree that this would be smart if its all going into IBIT to do it NOW!!!

 

[Z-Qualizer]

Honest question, if it’s so certain to be a ride up, why not keep buying?

Edit: I’d ask the same thing to someone saying that about the S&P, or other assets too.

Fair question… honestly, I’ve already invested a huge amount in crypto (it’s currently about 45% of my net worth). I’m not comfortable putting more in right now, unless it goes on “sale” again for some reason, as mentioned above.

Plus, there’s always the possibility that I’m wrong, ya know?? 😉

 

[mentos]

Thanks for the input. Im actually considering making my 2023 and 2024 contribution to HSA/ROTH IRA and SEP IRA all this month instead of always before the deadline so normally by april 15 2024 for 2023 contributions and then the following year. I am guessing you agree that this would be smart if its all going into IBIT to do it NOW!!!

Historically, lump sum at the beginning of the year does better than DCA. For stocks anyway.

 

[Direct Laryngoscopy]

Since this thread was started.

 

[pgg]

I wanna hear from the Evergrow guy.

I wanna hear from the NFT proponents.

I hope you guys take profits before the next crash, whenever that is. 🙂

 

[pgg]

Wait till they hear that Bitcoin mining uses stranded energy and helps clean up the environment. And helps with the electric grid system. I spoke about it here but I was attacked.

Can you elaborate? I won't attack you, but using any energy to pointlessly crunch numbers sounds ridiculous.

I understand that energy waste is a smaller issue now that it's proof of stake and not proof of work.

Obviously I still have a supremely skeptical attitude about any of this ever being useful as a financial instrument or even a hedge vs inflation, but the speculation and other aspects fascinate me.

 

[jjm285]

Fair question… honestly, I’ve already invested a huge amount in crypto (it’s currently about 45% of my net worth). I’m not comfortable putting more in right now, unless it goes on “sale” again for some reason, as mentioned above.

Plus, there’s always the possibility that I’m wrong, ya know?? 😉

That’s fair. Important to know your limits. Appreciate the honest answer 👍

 

[finalpsychyear]

Fair question… honestly, I’ve already invested a huge amount in crypto (it’s currently about 45% of my net worth). I’m not comfortable putting more in right now, unless it goes on “sale” again for some reason, as mentioned above.

Plus, there’s always the possibility that I’m wrong, ya know?? 😉

I do get that with how much you have invested. Thing is with ETFs like blackrock, fidelity they have a mutual interest to keep the prices up and high to attract more AUM. The short term gain they would make tricking people into the market would not only delay its growth but would make them less money over time. If anything in a lot of ways it's a lot safer to be in some of the main cryptos than it ever has before.

What do you consider a "sale" low 40s or not until high 30s?

 

[anbuitachi]

should i dump my savings in bitcoin? im saving to buy a car. if it goes to 75k (roughly 50% rise), i'll be able to afford a car

 

[abolt18]

should i dump my savings in bitcoin? im saving to buy a car. if it goes to 75k (roughly 50% rise), i'll be able to afford a car

Lol no.

 

[Z-Qualizer]

I do get that with how much you have invested. Thing is with ETFs like blackrock, fidelity they have a mutual interest to keep the prices up and high to attract more AUM. The short term gain they would make tricking people into the market would not only delay its growth but would make them less money over time. If anything in a lot of ways it's a lot safer to be in some of the main cryptos than it ever has before.

What do you consider a "sale" low 40s or not until high 30s?

Yeah I’ll consider buying some more at sub 42,500. So basically a 20-ish percent dip from current levels.

And this is petty, but I really like that my average price is in the 30s… so I’d like to keep it that way. Buying in the 50s increases that average pretty quickly 😂

 

[anbuitachi]

where do you guys buy your cryptos?

 

[mentos]

View attachment 382823

Since this thread was started.

Can you add the magnificent 7? Would be interesting to compare.

 

[mentos]

where do you guys buy your cryptos?

Binance, Coinbase, Kraken. Pick one.

 

[mentos]

should i dump my savings in bitcoin? im saving to buy a car. if it goes to 75k (roughly 50% rise), i'll be able to afford a car

No. If you need to save up for something in the short term (house, car) then don't put the funds in a highly volatile asset.

 

[mentos]

My bag of ETH is finally green for the first time in 2 years!

 

[RadOncDoc21]

Have to say you guys are bold!