1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Gloxina

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“A higher priced asset is a better vehicle for payments, at least if you’re targeting higher value payments. And who is Ripple’s target audience…banks. They conduct some of the highest value transactions there are…”


….👀👀
 
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Koichos

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question when do i pull out
Round about November, ideally. Unless you got in early you risk being under water by holding through the bear, and in doing so you give away the power of compounding.

If you don’t take profits, the market will take them for you.. don’t be stuck holding the bag on the way down because you were too greedy to take any profits on the way up.


or do you think it will surpass $50
Soon? No. A $50 XRP would require a market cap 25% greater than bitcoin’s.

I doubt we even see $5 by year’s end. As a matter of fact, I’d put money on it.
 

Mazino

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Soon? No. A $50 XRP would require a market cap 25% greater than bitcoin’s.

I doubt we even see $5 by year’s end. As a matter of fact, I’d put money on it.
Some don't tend to understand the reality of market cap when assessing some of these coins.

Like you said even a 2X from here would take a lot of doing, usual will happen where a good deal of people are holding in the bear because their unrealistic expectations/hopes were never reached.
 

Koichos

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@Koichos does this sound similar to what you do in the crypto sphere?
:yes: I prefer to stake stables, though, USDC in particular, as part of Coinbase’s One subscription which gives a slightly higher APY on your USDC. But the main reason I had the membership was their $1,000,000 insurance, which they have since reduced to $10,000! Now I’m not particularly happy about the change, but I haven’t canceled just yet.

Here is what I do:

  1. Take profit on all my BTC and ETH spot holdings by November of post-halving years and convert them to USDC - 2025
  2. Send USDC to Coinbase for their APY rewards (*after accounting for taxes, of course! and sit on it until next Q4) - 2025
  3. Lump sump at the bottom of the bear, Q4 of the following year (396 days from the peak of post-halving bull runs) - 2026
  4. DCA at least 3 months after the halving (882 days from the peak of the bull run to the next halving in every cycle) - 2028
  5. Lump sump once again, this time before the presidential election (BTC has yet to dip below its election day price) - 2028
Rinse and repeat – sell Q4 of post-halving (2029), lump sump Q4 bottom of the bear (2030), DCA after the halving (2032), lump sum before the election (2032)...

Passive, long-term earnings: I hold BTC and ETH on spot, for 3 years - from the bottom of the bear (2014, 2018, 2022) to the post-halving top (2017, 2021, 2025)
Active, short-term earnings: I trade BTC and ETH perpetuals 1-3 days a week, year-round, and convert a portion of those earnings (paid out in USDT) into USDC

Create a plan, execute that plan, and don’t forget to pay yourself on the way up. You’ll thank yourself later.
 

Gloxina

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:yes: I prefer to stake stables, though, USDC in particular, as part of Coinbase’s One subscription which gives a slightly higher APY on your USDC. But the main reason I had the membership was their $1,000,000 insurance, which they have since reduced to $10,000! Now I’m not particularly happy about the change, but I haven’t canceled just yet.

Here is what I do:

  1. Take profit on all my BTC and ETH spot holdings by November of post-halving years and convert them to USDC - 2025
  2. Send USDC to Coinbase for their APY rewards (*after accounting for taxes, of course! and sit on it until next Q4) - 2025
  3. Lump sump at the bottom of the bear, Q4 of the following year (396 days from the peak of post-halving bull runs) - 2026
  4. DCA at least 3 months after the halving (882 days from the peak of the bull run to the next halving in every cycle) - 2028
  5. Lump sump once again, this time before the presidential election (BTC has yet to dip below its election day price) - 2028
Rinse and repeat – sell Q4 of post-halving (2029), lump sump Q4 bottom of the bear (2030), DCA after the halving (2032), lump sum before the election (2032)...

Passive, long-term earnings: I hold BTC and ETH on spot, for 3 years - from the bottom of the bear (2014, 2018, 2022) to the post-halving top (2017, 2021, 2025)
Active, short-term earnings: I trade BTC and ETH perpetuals 1-3 days a week, year-round, and convert a portion of those earnings (paid out in USDT) into USDC

Create a plan, execute that plan, and don’t forget to pay yourself on the way up. You’ll thank yourself later.
Thank you!

Sorry to make you explain this multiple times. I just saw that this morning and had to ask! Thaaaanks!!!!
 

Gloxina

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There will be another dip in august/September but I’m tempted to just go all in with this news
 
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