Is crypto dead? Anyone still making profits recently?

like
Posting as :
works at
You are currently posting as works at

I entered this market at peak. Lost lots of money on big coins. so still in the market to make it up with small coins +- 10% fluctuations.

likehelpful

This happens. Don’t be discouraged I did the same it’s about keeping up with your goals and disciplined on exit strategies.

Lost 2k at the peak in 2017, but have made 3k this year on my selected alt coins. I’m in it for the long haul, especially for btc. Hold until >100k

like

I am holding long term about 16% of my total investments but Binance BTC and ETH are the big plays for me!

like

It’s very dead.

funny

It is not and yep..have to do a better job at risk and money mgt..will be up and market swings has tge dreaded liquidation email( need/should have incorporated stop loss). Binance has me hooked

It is a long term investor me now. 🙃

dedest

I think the alt season to come will make prior years look like child’s play😉

It’s not dead it’s just not as crazy as it’s been before. I mean BTC and BNB up like 40% YTD and ETH up like 220%

Yep no kidding I’m up over 100% on LINK. RPL has been going through the roof up 63% this week

like

Looks like it just got off life support!

Dead? BTC just shot past 10k again and charting an upswinging pennant.

If you think it's about profit then you're doing it wrong. HODL all day long, with heavy emphasis on "long"! Don't day trade crypto unless you enjoy being the offset to HODL risk. It's a losing battle against volatility.

Buffet may not understand crypto but his lifetime outlook to "buy and hold" equities is the right approach with BTC.

made 20 K last week

Related Posts

Does anyone have any suggestions on small side gigs or other ways to make some quick cash for the holidays?

like

How diligent is Mintz background check. When it comes to education? My references, credit, criminal and work experiences will check out. However said I already graduated school when I am in reality a month away from graduating. The company sent over the contract and start date at the same time as the background check.

like

Folks, I’m desperate, hope somebody here can help. I need to pay Russian VAT; I have been trying for a year.

Has anybody here successfully navigated this process?

like

Whelp, GroupM just suspended 401K matching, from May 1st till the end of the year...

Post Photo
like

Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.

like

Program Manager Healthcare Foundation $85,000. Worth it? Or too low?

like

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

How bad is this trade war going to be?

like

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

like

I am starting personal investment now- please tell me if this plan looks good:
- Already have a 401k plan with max matching form my employer
- invest in 5000$ in S&P ETF
- invest 5000$ each in AAPL, AMZN, GOOGL,MSFT
- invest 1000$ each in Netflix, ADP and Home Depot
- invest 500$ each in Intel, Nike,Walmart and T-Mobile
- small amounts 100-500 in Merck, GE, Coca Cola , Altria and Samsung.

Thoughts? I plan to invest a little bit each month (200$) in ETF. Any suggestions?

like

Which bank account is better for salary account?

HDFC
Axis

like

Mgni I was jealous since I sold out at 32 after 100p returns. Now I’m happy I didn’t lose the extra, but the rest of my portfolio.. oh boy

like

What funds do people have in their 401k plans? And how did y’all decide allocation? Can’t tell if I should be more aggressive given I’m in my 20s.

like

Any good CPA recommendations specializing in rental properties and LLCs (for a separate business)? Had a tough time doing my taxes this year. I'm in NYC if it makes a difference, but open to non-local CPAs

Can I use my MBA loan to pay for my monthly condo mortgage? Probably heading to Georgetown and want to buy a condo in northern va area. Would just pay mortgage instead of rent using the MBA loan $

like

For those who work in Manhattan, do any of you live in Hoboken or Jersey City? Want to move to the area but want to be able to save money on rent for a little then move to the city.

like

At what investment size should you typically start using fee only financial advisors?

like

FIRE Newbie here - wondering how everyone is retiring early (30’s 40’s 50’s) if the majority of your savings are tied up in tax preferential retirement vehicles you can’t really touch for another few decades?

like

Is it true that some* debt is good debt. I’m referring to student loans, interest is ranging from 2% - 5% (all federal loans). Total is 20k, is it smarter to pay it off immediately and ASAP or just stretch and put the extra money into investing? Note I just graduated this year, thank you guys :)

like

More Posts

How do you politely tell a recruiter that you do not offer “holds”

funnylike

Hi, do we have any testers here?
If yes, hit like.

likeuplifting

having vivid violent dreams I can remember which has never happened. Pretty depressed also for reasons. Struggling to get out of bed let alone exercise. Feel inadequate for lacking mental strength

like

Has anyone used Gideon Strategic Partner for investing? What was your experience?

like

I have one question please clarify
Was helping a friend in one of his assignment , Downloaded the data from my gmail and developed the report and sent to my gmail Id so in this process I just used the EY laptop will this create any problem ?

I was recently joined so wanted to get clarity on this please throw some light

like

I have 3 offers in my hand. I have 5.6 years experience in automation testing.
ADP - 18 lakhs(Hyd)
Wipro - 18(Hyd)
UST global- 21 ( Bangalore)
Which one should I prefer?
Did I get correct CTC or less?
I am feeling I got less package.

like

Y'all be testing Jesus too much.

Post Photo
likefunny

Hi fishes,
Please help me with Natwest relocation thing. I tried to understand through offer letter but it’s not clear to me. How can I claim Goods transfer, and if I am staying at my friend’s place, how can I claim accommodation allowance. Thanks a lot

Anyone have suggestions on where to start learning how to program add-ins with office.js?

like

I have a large dataset in PowerBI (7m rows) and I’m trying to condense it to pivot in Excel by aggregating the data. Does anyone have experience doing this? How do you pivot and export in Power BI?

like

Hey guys, I have a Google spreadsheet where each cell has multiple links separated by semi-colons.

How would you get the links to show up in different rows WITHIN a cell? (Pictured is what I want to achieve).

Thank you so much🙏

Post Photo
like

How do you calculate the “rate of change” within excel? I am comparing the number of bugs from one week to another.

like

Hello Guys,

I have an offer from Cognizant for 29lpa with a JB of 1.75l on top . I am about to get the offers from timesinternet and LTI.


Can someone suggest which will be a better opportunity for me.

Also how much should I ask for to Timesinternet.

Had communicated with LTI for 33lpa fixed.

like

Hey folks! Would appreciate a referral! Can anyone help? ☺️

My portfolio feels like it was shipwrecked, lingered at sea for days slowly withering away then got attacked by sharks. Last night piranhas and vultures simultaneously moved in.

like

I am looking to buy my first property soon - preferably new constructions (anything except condos) anywhere in Ontario/Canada. Any suggestions where I can turn to find new construction projects? I understand I need an agent. Until I find a good one, I am looking at the houses myself. Any suggestions where I can get information about new projects happening in the province?

like

Java vs Nodejs vs GO

Which is best for market opportunities for Backend Developers?

Should someone switch from Java to NodeJs or GO having total 4 years of experience in IT Industry?

like

Anyone have any experience interviewing for/working for any of the Blue Cross insurances?

I got Medical Reimbursement of around in current month salary, but I don't think I had applied any bill or submitted any such amount. Can someone tell what exactly is this amount for?

like

What do the day to day activities of a Java developer include in a MNC?

Additional Posts in Everything crypto

What's going on with XLM? I thought it was dead.

like

What is everyone’s favorite cold storage wallet and why? I’m thinking of going to with ledger.

like

Coin of the Week 1: Monetha (MTH)

Any folks with H-1B , F-1 visas trade in crypto currency? Are we allowed?

Alright team…how do we get rich off the metaverse? MANA coin? $RBLX? Open to any and all suggestions. TY!

like

Hpw do I buy alt coins? Deloitte, a u tattooing?

like

Hard to focus on work because I keep opening Blockfolio and am more interested in the crypto space happenings of the day..

like

BTC at $9000+... wow!
Guesses for year end?

like

I think BCC is the next coin coming to Coinbase

Loopring (LRC) is launching on CB on 9/14. Time to grab some for the quick swing. They usually double/ triple before listing

like

All of my alts (XRP, XLM, TRX) are 🚀.... makes me very happy but very uncomfortable. Anyone else taking profits, or just hodling?

like

Thoughts on XRP as a medium term (high risk) play? Seems like a lot of momentum behind it now it has the SEC ruling

like

I want to move my ETH from CB Pro to Celsius, but the gas fees are so high it would take me a year to earn them back in interest. Has anyone found a way around this?

like

Today I’m thankful for Bitcoin, Ethereum, and Coinbase. (And this community too)!

like

For those using voyager, does it take a really long time for deposits to settle? It's been like 1.5 weeks, my cash has been taken out of my bank account a while ago, but voyager still has all my deposits as pending.

I can still trade with the pending deposit, but I'm just wondering since I'll eventually withdraw some.

like

Think this consolidation period is going to end in the near term, primarily driven by:

1. Microstrategy “open sourcing” their playbook for purchasing BTC as public company

2. Coinbase to offer staking for ETH in Q1 ‘21 - think how much will get locked up.

3. GME / stonks fallout - retail may moreso see the benefits of decentralization and crypto. Yes Coinbase is CEX to get you onboard, but DEX can’t be turned off.

like

What apps do you use to purchase coins such as XRP

Won’t the proliferation of digital fiat currencies created by central banks (US, England, China, Sweden) make bitcoin’s success inevitable?

like

Just a invested my new watch funds - either gonna be a Rolex or Timex

funny

Should I swap my LTC for BTC or ETH before we take off? Not sure if LTC will recover as well as the others.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal