Crypto-trading thread

1,124,710 Views | 10945 Replies | Last: 15 hrs ago by jamey
jamey
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TxAG#2011 said:

Do we simply assume the fees will go up?


Does it make sense to compare current fees in traditional finance to what ethereum can offer comsumers as a comparison. If eth is cheaper, isnt that a win for banks that do it and a loss for banks that don't because the end user will follow the money. Plus it saves time for tractions to go thru

Its not uncommon to see 2 or 3% fees to use a bank card. We saw 4% just the other day for an AC repair on a $1,000 job so it cost $1040. Can Ethereum do better and faster?
Yukon Cornelius
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I wouldn't assume anything in crypto lol. The biggest knock against eth fees is transactions being siloed on layer 2s that are using ETH really. But eth can make the money back via another method. Which I think is what Tom is thinking.
fauxstradamus
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Are we BTMFD? I certainly have with BTC, SOL. Everything tanking hard right now
northeastag
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Thunderstruck xx said:

Crypto taking the expected September dump.

why is it expected? Does it just coincidentally happen each year? Or is there something technical that occurs in September?
Leander
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northeastag said:

Thunderstruck xx said:

Crypto taking the expected September dump.

why is it expected? Does it just coincidentally happen each year? Or is there something technical that occurs in September?

Seasonality. Bitcoin is historically weak in September. Uptober is up next. Historically October is a great month.
MaroonStain
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All of my research since May shows historically October is start of climb out of September Swoon with peak ATH in beginning of December (2 weeks before Christmas).
Yukon Cornelius
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I agree. Majority of my calls expire Dec 19. Probably not a bad place to grab some.
jamey
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Is there a good solana ETF?

Nevermind, found where it may happen in a few weeks


Was considering FORD
Yukon Cornelius
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Feels like these lines could be support. Bought some etha calls

AgShaun00
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how far out?
Yukon Cornelius
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Dec and January
AgShaun00
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Yukon Cornelius said:

Dec and January

thought process for me. I have some jan ethu that are down, and was thinking of getting into more eth.
Yukon Cornelius
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AG
It could go either way. Im comfortable with the risk this support fails. If this support holds it'll be the best entry spot for the next leg up.
jamey
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I may buy a little more BTC if the price stays around these levels Monday morning
Yukon Cornelius
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Looking like a V shape on the daily
Bag
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uptober on the horizon
TxAG#2011
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Anyone else in GLXY stock. I am enjoying this ride
jamey
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jamey
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@NFLPlayerProps
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LMCane
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are you experts believing that ETH will perform better in the future than BTC?
Yukon Cornelius
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I believe there's potential for that to be the case. I think eth can hit 6k easier than btc can get past 150k
jamey
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ETH and BTC both moving up today. I would like to sell some of my higher priced ETH lots for a small gain to derisk a little
flashplayer
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jamey said:

ETH and BTC both moving up today. I would like to sell some of my higher priced ETH lots for a small gain to derisk a little

It's now up double digit percent the past week and moving back towards all time highs. I'm not an oracle, but I would think twice about letting it go when it's back on an upward trajectory, especially heading into October. At least let it try to hit its head around 4750 again.
jamey
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flashplayer said:

jamey said:

ETH and BTC both moving up today. I would like to sell some of my higher priced ETH lots for a small gain to derisk a little

It's now up double digit percent the past week and moving back towards all time highs. I'm not an oracle, but I would think twice about letting it go when it's back on an upward trajectory, especially heading into October. At least let it try to hit its head around 4750 again.


Yeah, holding crypto is like a game of hot potato. I need about 4600 to break even on those higher priced shares. 4750 would be awesome. Its only about 20% of my total shares but id like to sell at least half
jamey
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