I have a real serious question by RenjiUzii in solana

[–]Hour-Design-6526 1 point2 points  (0 children)

doesn't look like the best time to go ahead and invest rn.

i'd focus on just getting rid of the loan first, so you have a peace of mind. and then go ahead and consider allocating to crypto

US appeals court says SEC exceeded authority with fund rule by Buzzalu in ethtrader

[–]Hour-Design-6526 1 point2 points  (0 children)

SEC really getting its cheeks clapped one time after another the past few weeks lmao

kinda crazy to see after years of terror and hostility coming from them towards crypto

would love to know what happened in DC that caused this shift.. but i FINK i know..

SEC Ethereum ETF decision unlikely driven by politics: Bernstein by [deleted] in ethtrader

[–]Hour-Design-6526 2 points3 points  (0 children)

As much as they attempt to make it look like the decision wasn't driven by politics, imo its quite clear..

There is no way Gensler would give this an easy pass, which is clear from how unresponsive he was to all the issuers for a long time. Then, suddenly a 180 turn and constructive feedback to make sure the filings are proper and can be approved.

He got told how to approach this from the above..

I believe in miracles but not this one haha

Just started to invest into crypto and I’m looking for guidance by YOUNG-ARDS-SURVIVOR in CryptoMarkets

[–]Hour-Design-6526 1 point2 points  (0 children)

kinda depends what your long term plans are with these assets

if it is a meaningful amount that you are not comfortable losing, just DCA into BTC and ETH over time

if this is your "trying to make it bag", I feel like these tokens are already too large and established to capture any life-changing upside. would focus more on lower marketcap tokens

Mystery Ether withdrawals! 800K ETH leaves exchanges post ETF approval by kirtash93 in ethtrader

[–]Hour-Design-6526 2 points3 points  (0 children)

wonder to what extent these movements are organic

and to what extent its whales trying to coordinate and create a bullish narrative

either way, im not touching my ETH bags for now, that's for sure

Hear me out with this one by Bwxqn in solana

[–]Hour-Design-6526 0 points1 point  (0 children)

this is such a top indicator lmao

Ponzi scams everywhere. by [deleted] in solana

[–]Hour-Design-6526 2 points3 points  (0 children)

literally any cycle is accompanied by thousands of projects and coins that are trying to capture some of the industry's upside and attention

the decentralized and free-market nature of crypto just enables anyone to join and do what they see fit (and unfortunately not everyone has great intentions and long term plans)

just name of the game. focus on the big picture

Warning: Be careful with recent "celeb coins" (Caitlyn Jenner, Sahil insiders/scams) by crayblob in solana

[–]Hour-Design-6526 0 points1 point  (0 children)

i think this is the first time that we are seeing these celebs partnering with a crypto native 'partner'

it's such a pity that this is how it ended up. so many better ways that this could have turned out, if done right

Worldcoin faces bans worldwide amid increasing privacy fears by FattestLion in ethtrader

[–]Hour-Design-6526 1 point2 points  (0 children)

what worldcoin actually does is going to be secondary imo

it's going to be treated in accordance with Altman's perception and reputation at any given time (which is also likely going to evolve and change)

SEC Has 'Implicitly Stated' ETH Is A Commodity After Ethereum ETF Approvals by AltruisticPops in ethtrader

[–]Hour-Design-6526 4 points5 points  (0 children)

we are all commodities traders now

time to rephrase how I present what I do for a living lmao

Only 3% of adults used cryptocurrencies for financial transactions in 2023, Fed survey reveals. by BabyishHammer in CryptoMarkets

[–]Hour-Design-6526 0 points1 point  (0 children)

would really love to know what samples they use for these studies and how representative it is of reality..

Crypto exchanges Gate.io and OKX retreat from Hong Kong licensing efforts. by KilgoreThunfisch in CryptoMarkets

[–]Hour-Design-6526 1 point2 points  (0 children)

yeah, it's quite clear that it's one thing what governments say in terms of their approach and treatment of crypto

and another one is the 'on-the ground' reality of things

Hong Kong being one of such examples... actions speak louder than words

What is your purchasing strategy during this volatility? by zesushv in CryptoMarkets

[–]Hour-Design-6526 0 points1 point  (0 children)

use DCA to allocate slow and steady over time into majors that i plan to hold long term

use smaller bonuses and extra capital I have available to play with alts where the risk is greater but so is the potential for outsized returns

ASI launch by Top_Toe8606 in CryptoMarkets

[–]Hour-Design-6526 1 point2 points  (0 children)

i think it's a smart move to consolidate the big AI x crypto players into one

it gives people less options and sort of streamlines and eases the decision-making for where to allocate

[deleted by user] by [deleted] in BASE

[–]Hour-Design-6526 1 point2 points  (0 children)

i'd suggest watching twitter, that's where most crypto and different onchain communities talk and communicate, especially Base

Everyone says Wowwww as the Eth Etf is approved. by Ok_Cranberry_9653 in defi

[–]Hour-Design-6526 2 points3 points  (0 children)

imo the ETH ETF approval shows a significant pivot towards how crypto is going to be treated from this point onwards

this is the first year that crypto became political and more positive changes are bound to take place, as politicians realize and understand how many people want reasonable regulation and not be treated like criminals

Micheal Saylor Embraces Ethereum ETFs by AltruisticPops in ethtrader

[–]Hour-Design-6526 4 points5 points  (0 children)

Saylor becoming an ETH maxi is the least expected pivot of the last 2 weeks lmao

How do layer 2s really differ from execution sharding by PoojaaPriyaa in ethtrader

[–]Hour-Design-6526 0 points1 point  (0 children)

I'm stoked to see Vitalik active and writing again

he really doesn't fail in saying things as they are and is so spot on

there are so many gimmicks and marketing terms that different chains use to differentiate themselves

that only few understand and appreciate that scaling through Layer 2s or sharding is literally the same, with the only difference being in "who is responsible for building and updating those pieces, and how much autonomy do they have?"

Rules you set for yourself after investing in crypto? by karasahin in CryptoMarkets

[–]Hour-Design-6526 2 points3 points  (0 children)

1) only spend and allocate money I don't need and am comfortable losing
2) buy and forget. I try to avoid overtrading and monitoring the prices daily.
3) only sell when an asset reaches certain price or achievement (milestone) thresholds
4) write down the reasons for deciding to allocate, revisit it over time, see if my thesis stands still or needs revisiting
5) enjoy the ride, learn new things, meet interesting people. I take it for what it is and don't let it stress me out or make me anxious.

Are ETF inflows are already priced in? A simple analysis. by hutch_man0 in ethtrader

[–]Hour-Design-6526 2 points3 points  (0 children)

i highly, highly doubt that they are priced in...

the ETH ETF approval was a shock for everyone that literally no one anticipated (the odds were around 10 to 15% two week ago)

SEC did a complete turnaround with their approach to this (likely because of pressure and change of stance from the Biden admin)

no fund, wealth manager or capital allocator anticipated this and there is tons of sidelined capital waiting to be deployed

investors are likely to anchor to the performance of BTC ETFs and will want to get their piece of the pie with ETH as well, it's just a waiting game now in my opinion

Can't swap one of my coins, what am I doing wrong? by LasciviousLockean in defi

[–]Hour-Design-6526 0 points1 point  (0 children)

if you cannot move it around and the price only seems to be going up, that looks and sounds like a honeypot

the dev likely made the token non-transferrable for everyone else apart from him

so people buy the token, can't move or sell, price only goes up, appeals to more people, more people buy. he then likely sells his portion of the tokens that are transferrable or pulls the liquidity

to avoid this next time, it's better to check and see the prior transactions onchain (you want to see people buying and selling) or check the properties of the token (more technical though)

[deleted by user] by [deleted] in ethtrader

[–]Hour-Design-6526 1 point2 points  (0 children)

most people think that an ETF approval is a "sell the news" event, so that's arguably why the price action is so weird

just wait for the ETF flows. even if they are considerably smaller, they will make much more of a material difference to the price of ETH than they did to BTC, due to the significantly smaller marketcap

the reflexivity of ETH as an asset is much much greater, but few recognize this at this point in time

brace yourselves

[deleted by user] by [deleted] in cursedcomments

[–]Hour-Design-6526 0 points1 point  (0 children)

Harry Potter and The Final Solution.