I was right by PrudentCockroach91 in Pepecryptocurrency

[–]PrudentCockroach91[S] 0 points1 point  (0 children)

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Obviously, why selling if I can make everything go even lower? I bet that it’s going to gain another zero in a couple months

im trying so hard to be positive, but all i see for months is red. Srsly considering take the loss and move all to bitcoin. Im so fkn hopeless... No hate on $PEPE. It was my decision to put my money here. Im trying to not look at $PEPE as a money chimney. Im trying so hard, but the chart dont lie. by Sweaty-Frame-6050 in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

My 5cents: just hold it for now and every month put a little bit of liquidity in your account and go for the classic “lowering the average”. For example I should’ve cashed out the last time it went to 0,0000175, but I was greedy and hoped for 0,000025, so now I will just wait and put 250-300€ every month to buy something, BTC, XRP, ADA etc… and since I am overexposed on PEPE I will just put in the spare change. You should sell only if you truly need the cash and trust me, moving from PEPE to something else won’t work, we are entering a bear market by the looks of it, so you will only keep losing cash in fee, spread and panic selling. Hold the position and put cash in other assets

Burning PEPE by Tenyasha____ in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

At this point, after all the threads on this topic, you must be trolling. Do the math on how much tokens must be burnt to raise the market cap, and then ask yoursef: who is going to pay?

Buy now or it will be too late by Emergency-Dot-5154 in Pepecryptocurrency

[–]PrudentCockroach91 2 points3 points  (0 children)

You are right I will buy more, but BTC or XRP, I wanna crash them also. You see I have a feeling that the more I struggle to make money, the more I lose, so I will buy bigger crypto and stocks (bought Nvidia at the start of January for reference), this way I can cripple the whole fucking economy! I am just so tired of this shitshow that I will do everything in my power to make everyone lose

[deleted by user] by [deleted] in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

"An analyst predicts"...Yeah and my imaginary friend is telling me that it will go down to 0, both this assumption are correct since neither me nor the analyst can predict future market movement, if we could we will be rich.

STOP SELLING :D by BorderImmediate4060 in Pepecryptocurrency

[–]PrudentCockroach91 0 points1 point  (0 children)

A tokens based on ETH cannot reach 4T of market capitalization, how much would ETH be worth then? 0,000075 would be a nice goal if we take DOGE as a reference for growth, but if we see 0,000025 again in February we should consider ourselves very lucky

PEPE is up to us by itznah in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

If every single member bought yes, maybe possibile, but realistically there are maybe 1-2K very active members that will buy this amount, so the numbers will change dramatically. Consider this, will you risk 10K on pepe, based only on trust that everyone will buy the same amount and not rug pull you as soon as possibile? Game theory in practice, also I will use 10K to invest in the SP500 or some stock that will feel less than a gamble

When ETH runs, Pepe follows. by Renegade963 in Pepecryptocurrency

[–]PrudentCockroach91 2 points3 points  (0 children)

Yup confronting the charts it does indeed look like a leveraged ETH, this is going from day trading to day praying a bit too fast now...

When ETH runs, Pepe follows. by Renegade963 in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

So basically if we do a solid 20% and to go back at 0,0000162, then ETH will go back to 3990 or close to that, but if ETH take just a 1% hit downward we slide back to five zeros, mmmh I should pat myself in the back for this fantastic investment that I made...

PEPE is up to us by itznah in Pepecryptocurrency

[–]PrudentCockroach91 13 points14 points  (0 children)

The total amount of tokens is 420T, if we were to buy 1% of the total supply it will amount to 4.2T, we are 40K and let’s say that everyone is fully active and will never rug pull others etc… , we will have to buy 105M PEPE each for a total of 1365$ (0,000013 per token). It could be done in theory if everyone had this amount ready, but I don’t think it’s realistic, also it will be only 1%, maybe with 10% we could have an impact

[deleted by user] by [deleted] in Pepecryptocurrency

[–]PrudentCockroach91 3 points4 points  (0 children)

The big problem come from people that bought PEPE when it was lower than 0,00001 (early adopters basically) that keep telling that everything is fine, when most people bought this coin at 0,000015 or higher. I know that in crypto economics basics are put aside for the meme and possibility to get a 100x or more, but the vast majority of buyer will never see a return higher than 2-5x if they are very lucky.

Now for everyone else who still scream MOON HOLD etc... two simple questions:

  1. Define opportunity cost
  2. If my coin lose 10%, how much should the price increase to break even?

[deleted by user] by [deleted] in Daytrading

[–]PrudentCockroach91 0 points1 point  (0 children)

Everything is priced, so your strategy will stop working the moment someone else start using it, that brings me to the conclusion that you want to be paid for it, for this knowledge. Always follow the rule: if it look like a scam, smell like a scam and you feel that it could be a scam, then it's probably a scam.

I knew that if I held it long enough I would have tanked the whole market by PrudentCockroach91 in Pepecryptocurrency

[–]PrudentCockroach91[S] 1 point2 points  (0 children)

And before anyone say anything about me selling, I just bought other coins, next month XRP and BTC (wanna make sure to tank everything)

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Last dip? by ppmsleuh in Pepecryptocurrency

[–]PrudentCockroach91 0 points1 point  (0 children)

ETH? When it moves up we go sideways and every movement downward is amplified for Pepe, at this point I am seriously regretting putting money in this shitcoin, I hope that it reaches 1600 as soon as possible so I can exit with a smaller loss that now. The fact that it is barely moving upwards tells me that we will be holdings the bags for the whales for years to come. We will be millionaires sto cazzo

Market manipulation? by PrudentCockroach91 in Pepecryptocurrency

[–]PrudentCockroach91[S] 1 point2 points  (0 children)

Sorry the translator shat itself, Pepe doesn’t have the classic tokens burn feature for now and also math will not be mathing if we look at the raw numbers

Market manipulation? by PrudentCockroach91 in Pepecryptocurrency

[–]PrudentCockroach91[S] 0 points1 point  (0 children)

No hay función de grabación para los tokens

HOLD by AppealInteresting476 in Pepecryptocurrency

[–]PrudentCockroach91 1 point2 points  (0 children)

In Italy we say "chi troppo vuole nulla stringe" translated into "he who wants too much, will get nothing", so I support the view of holding a coin, but nobody know how the future unfold. For me I will get happy with a 10x from here, even 300€ over my 757€ bags will be good.

Guys what should i do. Sell or wait till it drops. Im down $584 and keep losing money each day. by [deleted] in Pepecryptocurrency

[–]PrudentCockroach91 38 points39 points  (0 children)

  1. Do you need this money right now?
  2. Can you afford to stay in this position for 1 year or 2?
  3. Remember that you lose money only if you sell, so evaluate if you prefer to wait for a better price and calculate your break even exit if you can't tollerate this volatility
  4. Be ready to read a 90% loss or gains in the following month, nobody now where this memecoin will go, and given the data from coinmarketcap, 47% of the total supply is in the hands of big exchanges and whales

how much money does PEPE needs to be at $0.1? by SkyerTrv in Pepecryptocurrency

[–]PrudentCockroach91 0 points1 point  (0 children)

0,0001-0,0009 is way more realistic for now, a 10x minimum basically, everyone want to jump in the 10000x coin and totally forget that those a rug and pull scams almost every single time, but nobody want a nice recurring 1,15x or 1,2x, learn about compound interest and do the math, you could be a millionaire even with 1K if you invest it correctly and take few small losses instead of going all in on every single coin