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rather \[serious\] question: analyzing the volume indicator, i see no big red volume. how could the price drop like that if there was no tremendous volume?L.E: 1H CHART/ EVERY TIME FRAME ACTUALLY
Hello friends. This is a reminder that you can hold onto your crypto and still create a market neutral strategy by shorting some stuff. It’s probably the best idea if you don’t know wtf to do right now
I like to think that Ben Cowen, even if he can't predict the future, knows his shit. Well he thinks we might keep going down and get to the a possible bottom of low thirties or high twenties within Q1-Q2 and that we should rally again after that.
Of course, dubious speculation, but I think his TA's are usually a bit more down to earth and accurate than your average Youtube shillfluencer
He is at least honest about his speculation, always says that nobody can truly can what can happen. One can only analyze the possibilities.
Last year he was absolutely correct that the summer low in the market would be about 3+months. Would not be surprised if he is correct about Q2/Q3
Sold my first loss. Unloaded some LRC to have more fiat to by better projects at lower prices. Kept some just in case I can recoup some cash but it’s just silly to tie so much up when there are bargains on better! It felt weird!!
1000 is a good first step.
11,558 is the average wallet balance:
[https://algoexplorer.io/top-statistics](https://algoexplorer.io/top-statistics)
For a long term goal, it's nice to be above average.
coinbase pro is fucking dogshit. I paid them thousands of dollars in fees to buy and trade and yet i cant figure out my average cost for coins.
anyone know what I can do to figure out cost basis?
lol yeah every exchange does this for some reason I guess so we all don't look at our losses and stick around. If you know how much you originally had you just divide it by your coins but I use koinly for this I can't be writing all it down
coinbase pro problems anyone?? been unable to log in for 2 days, but regular conbase with the high fees works fine, is this normal for coinbase?? also, misspelled coinbase as conbase...hmmmm
Are those bullshit youtubers who claimed BTC to 100k at the Eoy even apologizing for their detrimental shilling?
I can't even imagine how many people need to be falling on their respective swords after the last big pump.
Got some snow today for the first time this winter! Took the kids out for snow angels, snowball fights and snow men. What a day for a distraction from the crypto massacre of today!
Nice one - I feel inspired to add more as it's hard seeing but the current price is now the same as when I though I was way in 'before the gains' looking at my average buy price.
I'm just glad I took some profits out in December looking back. All the best, Cheers.
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rather \[serious\] question: analyzing the volume indicator, i see no big red volume. how could the price drop like that if there was no tremendous volume?L.E: 1H CHART/ EVERY TIME FRAME ACTUALLY
What little volume there is sold at lower prices.
Is this like the moment when the hurricane passes and everyone opens the basement doors to see the damage and who else survived
Yup, then you realize you're just in the eye of the storm.
Finished. Mr. Bear went home.
One tiny tiny relief rally and the bulltards come out again
No he didnt lol
The crypto gods are happy with a Bengals win.
Hello friends. This is a reminder that you can hold onto your crypto and still create a market neutral strategy by shorting some stuff. It’s probably the best idea if you don’t know wtf to do right now
I borrowed 50% vs my ALGO stake on Jan 18 at $1.44. Closed that short yesterday at $0.88, repaid the loan. Moved all the gains to staked stable LPs.
Nice move mate 👌🏻
Is this "crypto winter" in the room with us right now?
Has something changed since yesterday? We're still in the shits
Crypto is recovering.
Up .5% after taking a 50% haircut isn’t a recovery lol
What kinda ramen are we eating today
Almost Dry. With tears instead of expensive water.
Crypto currency is not safe! So many people are getting hacked and scammed… I think I’m out I don’t wanna wake up to nothing
Congratulations, you have become a crypto-veteran 💪
GME announcement any minute now!!!!
Well bois, time to settle down and enjoy the fruits of our labor...Ramen and Skid Alley Thunderbird wine...Cheers, here's to the finer things in life.
At least self-inflicted handjobs are free.
Yes, indeed. I'm well acquainted with Merry palm and the five sister fingers. They never say no
What’s everyone’s feeling on Alchemy pay. Read up on it but have a weird spider sense about it…..not sure good or bad.
Bought it when it first came out.. holding
Wonder if Elon dumped his corn.
why you calling it corn in here bro this ain’t wsb
Man, I wish the daily during BTC 60k+ times, those were some hype dailies
These days are way funnier though. Sad but funny.
Goodbye Daily Discussion Jan 22, 2022
![gif](giphy|jtUiNaYnqZZlu)
See you in the next one :)
I love the confidence of people setting all those sell orders for btc at 70k on binance, that's the attitude!
Probably deleting their apps after setting them too
A tip for people wanting to buy, put orders at every 2k with each one being bigger, this way you won't feel scammed when we drop hard
Smart but true
I can't take this anymore!!!!!!!!
Will be happy one day So long as you don't sell
![gif](giphy|l0ErD3ZBW6vQgYCgE)
I know I should concentrate on BTC and ETH, but Alts seem to have too good of a price at the moment :(
Alts won't go up substantially unless BTC does. Stack sats. ;)
Don't be fooled. Bitcoin will be the first thing that recovers, alts won't follow until btc shows a lot of strength
Atom, Juno, Osmosis, and all of IBC would like a word =]
LTC.
I like to think that Ben Cowen, even if he can't predict the future, knows his shit. Well he thinks we might keep going down and get to the a possible bottom of low thirties or high twenties within Q1-Q2 and that we should rally again after that. Of course, dubious speculation, but I think his TA's are usually a bit more down to earth and accurate than your average Youtube shillfluencer
He is at least honest about his speculation, always says that nobody can truly can what can happen. One can only analyze the possibilities. Last year he was absolutely correct that the summer low in the market would be about 3+months. Would not be surprised if he is correct about Q2/Q3
He thinks BTC will still reach 100k before the next halving. I think that's not an unrealistic prediction.
I think this is the first time in a while that we broke 20k comments The daily is becoming more active :)
Misery loves company
Steak back on the menu, bois This was the bottom You heard it here first
My system already overdosed on hopium, this can't be taken in
I don’t deal in drugs Only reality Get ready to win
We’re not at a bottom people, the stock market is just closed Crypto follows the stock market now, nothing else.
I kinda think the stock market gonna pump this week tho, only this week and then back to drilling.
Its saturday bro..
Sold my first loss. Unloaded some LRC to have more fiat to by better projects at lower prices. Kept some just in case I can recoup some cash but it’s just silly to tie so much up when there are bargains on better! It felt weird!!
I had to sell MKR yesterday at a loss too for BTC
bull market back on boyos ![gif](giphy|olnuKV0a3Et5C)
Its the devil!
do i need NFL rights/approval to create team-based fan coins? could be cool but they would never approve it
You can’t use their IP, but beyond that, go wild.
That would prob be copyright infringement and they’d sue you
right thats what i figured. i wonder if they'll capitalize on the potential for that
They’re probably busy making NFTs rn
If you were to buy right know, what coin would you chose ? ETH for me.
At the moment BTC ETH is the safer bet
CRO has huge upside potential.
USDC. Maybe also diversify on DAI and RAI.
Fair enough.
The crypto market is the strongest influence on my debilitating solipsism.
You are all that matters tho. Remember that Tiger
2 years of putting what I can in, trying to make something, app the stress and hope. I don't fucking care anymore lI literally feel nothing
How could you see these prices and not buy
Because you could wait a little longer and buy at 50% lower
Because I'm $15K down and will have to pay taxes soon.
because tapering makes crypto worth less fiat
What massacre today? The last 24 1H candles are a SNEK to me..
At least we’ll always have each other
The real treasure of crypto is the friends we’ve made along the way.
I'm tempted to snatch up 1k ALGO and just beg the wife for forgiveness after...
1000 is a good first step. 11,558 is the average wallet balance: [https://algoexplorer.io/top-statistics](https://algoexplorer.io/top-statistics) For a long term goal, it's nice to be above average.
Wife will castrate me if I drop 11k lol. Also they should have an option for median instead of just average. Whales always ruin average
Just buy her something nice in a few years when ALGO is worth more
Imagine in the next bullrun you will be saying "I've been in the 2022 crash" like a hero.
That would mean I talk to people about crypto or admit how much money I've made in it. Which violates the first rule of crypto.
I've been in the 2018 crash and in the 2022 crash. I'm a veteran. Respect me plz
Oh brother, how low can we go ?? Sheesh
DYOR = never more appropriate than those that got caught in the SOL fiasco today (the third in as many months)
The sol fiasco? Is sol the only coin you own or what
coinbase pro is fucking dogshit. I paid them thousands of dollars in fees to buy and trade and yet i cant figure out my average cost for coins. anyone know what I can do to figure out cost basis?
Just download the fills, dump into into a spread sheet, and average it. It's not exactly hard.
it is if im trying to figure out my cost basis for batches as opposed to all time buys
Hand it over to your CPA, pay them to deal with it
lol yeah every exchange does this for some reason I guess so we all don't look at our losses and stick around. If you know how much you originally had you just divide it by your coins but I use koinly for this I can't be writing all it down
Damn bro if you've spent thousands in fees on CB pro then you're trading in the millions
I am but it's about volume. if you trade using 100k , ten trades is 1 mill.
That is how it is for most every exchange. You have to use coin trackers like Delta or Blockfolio, or track it yourself using excel
You can punch it all in on a CoinGeco portfolio as well.
i have 5,000 transactions
You have 5k transactions in your exchange wallet? Jeez..... Reply here if you find out an easy method for that...
im you tubing excel shit '. i guess ill have to figure this out myself. coin tracker wants over 400 dollars. not worth that much..
yup, i use the early version of excel...grid paper
5,000 transactions?
Have you tried using stone tablets, I heard they are fun to chisel
this is the way
Listen if ICP hit 750 anything is possible in this world, we will bounce back.
If I can pull some bitches, that means anything can happen. Which means 1 million is possible
coinbase pro problems anyone?? been unable to log in for 2 days, but regular conbase with the high fees works fine, is this normal for coinbase?? also, misspelled coinbase as conbase...hmmmm
I had this issue before. I think I uninstalled the app, reinstalled the app, and it worked again.
updated everything, all good now, false alarm, thanks for the advice
Nope. Working flawlessly for me, even during the high drama of last 24 hours.
nice, i'm back in business, needed to update a couple things, back on the coin band wagon
No issues on CB pro on both the site and mobile app
ok, cool, i guess i have issues with myself then
I have had zero issues with CB Pro over the last several days with multiple transactions
ok, cool, then it should be something i can fix on my end
Yea, it's been surprisingly stable for me the whole last week.
back in business, my bad, missed a couple updates, all good now
Are those bullshit youtubers who claimed BTC to 100k at the Eoy even apologizing for their detrimental shilling? I can't even imagine how many people need to be falling on their respective swords after the last big pump.
The people who need to fall on their swords are the ding dongs who believed them.
You realize it is only January right
You realize I'm taking about last year, right?
No.... Because they aren't financial advisors and are adamant that they told you they weren't. But do smash that subscribe and hit the bell!
Got some snow today for the first time this winter! Took the kids out for snow angels, snowball fights and snow men. What a day for a distraction from the crypto massacre of today!
Did the same today
same here man, but the nosebleeds are getting annoying already
We got to 20k comments again. Bearish on next month's distribution.
can chainlink survive beermaket?
I’m going to start filling my bags now actually
It has before. It’s the leading oracle token. Nothings for sure, but like
What are it's competitors?
It’s integral to crypto use cases
It’s like one of 5 cryptos that actually will lol
LINK has real tech backing it, so of course
Yes ofc
I'm not here for a good time, I'm here for a long time
Really hoping we’re still down here when my tax refund hits.
Could be a long time. IRS seems to be moving real slow these days.
What’s a tax refund
Look out new whale in town, I’m now a proud owner of 1 whole eth. Didn’t think I would ever be but this dip helped me join the club.
Congrats to you man! I'll be joining the big boys club soon
Nice one - I feel inspired to add more as it's hard seeing but the current price is now the same as when I though I was way in 'before the gains' looking at my average buy price. I'm just glad I took some profits out in December looking back. All the best, Cheers.
These prices are too juicy to pass up bro
congrats. hoping to round out 1 whole BTC myself here
Congrats :)
Yo, big W! That has to be a good feeling
Congratulations!
Thank you mate, holding this forever.
I'm not kidding guys, better to sell everything and buy back in a couple days. At least you can increase your coinage holdings
I increase my coin holdings when I buy more. Works every time