Crypto-trading thread

1,118,941 Views | 10926 Replies | Last: 5 hrs ago by Yukon Cornelius
jamey
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AG
Yukon Cornelius
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Not sure how it's at the world's expense. Russia always trying to play the victim.

But stable coins are the path out of our debt.
jamey
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jamey said:

Seems weird, BMNR bought into another company



Apparently this company is starting to amass world coin thats built on ethereum

Yukon Cornelius
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Ya it's the part of proof of human to interact with ai on ethereum Lee has been talking about.
jamey
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Yeah, something about eyeball scanning.
Yukon Cornelius
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Ya. Probably a stupid idea
jamey
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Dan Ives talking about it some here, and showing what it looks like


TxAG#2011
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Dang Alts are really starting to run here.



Yukon Cornelius
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Eth up 2.7% BMNR up 7.5%
TxAG#2011
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I have just learned one can gain exposure to HYPE via HYPD stock.
jamey
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TxAG#2011
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SOL and DOGE two of my biggest alts just ripping. You love to see it
Yukon Cornelius
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BMNR up 11% on the day
jamey
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Yukon Cornelius said:

BMNR up 11% on the day


I sold my $51 lot of shares today for a tiny profit but loaded up when it recently hit low 40s bc of the nasdaq news. Now Im up 25%

Feels a lot more comfortable


Bought a starter kit holding of SBET too
Yukon Cornelius
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I did a buy at near low on the day and sold a covered call at 54. So it'll likely get executed so a nice little profit for a day
Yukon Cornelius
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Wonder if ETH will test ath over the weekend
TxAG#2011
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Should have kept those ETHA calls i closed out today. Whatever will pay my entire trip to Notre Dame tommorow. Lfg!

jamey
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Yukon Cornelius said:

Wonder if ETH will test ath over the weekend



I have an order in to sell some of my highest priced lots of ETHA but just told my wife we need to watch over the weekend in case it busts out, I can update or cancel the ETHA sell

An interesting feature of crypto
DonaldFDraper
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Got bogged down at work and haven't purchased my new round of ETH. Of course it's up 10% on the week. Leaning towards Fidelity's new fund - FETH. Will monitor through the weekend with intent to buy Monday morning
jamey
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Anyone invested in BMNR also invested in SBET?


I watched a video the other day on the difference and they basically explained it as BMNR as the MSTR of ETH where SBET is more about turning their ETH into yield
Yukon Cornelius
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I won't touch sbet out of a moral conviction for the type of business they do.

Both BMNR and sbet will get yield from eth. BMNR probably will have a higher percent but if my suspicions are correct they will run actual node validators. BMNr has a a lot of hardware from when they did BTC mining. So they can easily use that to run ETH nodes.

Sbet will likely use a pool to stake.

But this is why I'm incredibly curious to see eeening reports because it will tell us a lot. And if BMNR gets a higher yield because they don't have to pay a staking pool fee it'll drive BMNr over sbet even more.
Brian Earl Spilner
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Congrats to my fellow DOGE apes...
jamey
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AG
Yukon Cornelius said:

I won't touch sbet out of a moral conviction for the type of business they do.

Both BMNR and sbet will get yield from eth. BMNR probably will have a higher percent but if my suspicions are correct they will run actual node validators. BMNr has a a lot of hardware from when they did BTC mining. So they can easily use that to run ETH nodes.

Sbet will likely use a pool to stake.

But this is why I'm incredibly curious to see eeening reports because it will tell us a lot. And if BMNR gets a higher yield because they don't have to pay a staking pool fee it'll drive BMNr over sbet even more.



What's the moral conviction for the type of business they do?
Yukon Cornelius
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They do marketing for online gambling companies. Essentially they help companies keep people addicted to losing money on their sites.
Yukon Cornelius
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Petco should buy and hold doge lol
jamey
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Yukon Cornelius
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Not surprising. Companies will adapt or die. Ethereum may or may not be the long term winner but I think it's nearly guaranteed they will be the short term winner. They will be the first chain that gets adopted.
jamey
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Thats my view, ETH is a winner for now. Plan to take profits on higher cost lots as it moves up, and create dry powder for whatever other crypto, or to buy dips, go heavier into BTC...etc
Yukon Cornelius
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SP500 up. Crypto down. Few days away from a rate cut. Buying opportunity?
jamey
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Yukon Cornelius said:

SP500 up. Crypto down. Few days away from a rate cut. Buying opportunity?


Im rotating my ETHA, buying more low with simultaneous higher sell orders
fauxstradamus
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Keeping a close eye on this HYPE channel since May. I am going to set some buy orders just under $50. If channel holds at support we could see as low as $46-47 between now and Oct 1.

edit: set a buy at 49.95 and another at 47.65
Yukon Cornelius
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It doesn't seem like crypto has priced in a rate cut yet.
jamey
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Yukon Cornelius said:

It doesn't seem like crypto has priced in a rate cut yet.


All the talking heads crypto podcaster people think its manipulation

Reminds me of fans complaining of refs after a football game.

Im not sure how real that really is, but I wouls think crypto may be easier to manipulate than the stock market
Yukon Cornelius
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Crypto market is 100% manipulated by exchanges. But their influence is dwindling with the ETFs.
Yukon Cornelius
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Sold another put on BMNR with this quick little drop. Expires end of week. Premuims are so juicy on bmnr
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