I'm not reading the faggot thread fuck off
What the fuck is wrong with me?
Pretty much, but when you're earning fuck all and see an opportunity like this, it's hard not to. It's probably stupid, but I don't want to pass up on this. I'm still up despite a few stupid decisions, and if I can control myself a bit more then hopefully I can continue going up. Once I've put money into crypto I write it off, I'm not relying on withdrawing it to pay for rent or anything, I just go without a bit for a month or two.
OP you seem like a genuine guy trying to learn so I'll help you. Firstly, if you're doing the HODL method, it doesn't matter what price you buy because literal every coin that's not a blatant scam will be up in a months time.
Now if you're trying to daytrade, you need more discipline. Don't let your emotions get the best of you. I don't care how much potential a coin has, what partnerships it has, how good their devs are, don't buy at ATH. Don't get sucked into moon missions threads where Veeky Forumstards are telling you to get in, Veeky Forums is probably the most reactionary board there is. Just don't do it. But what if it keeps going up? Oh well. Don't beat yourself up because you didn't FOMO in. A new coin moons every day, there is no shortage of opportunities.
What you should be doing is buying the dips. It's the easiest way to make money. Go on Binance and sort by 24hr change, and buy GOOD coins (not shitcoins that are dipping due to PnDs) and buy the ones that are down. Good coins like XLM, ICX, REQ recover from dips. Then just hold till it reaches its resistance. At that point, you can decide to sell if you think it won't break or hold even longer if you think it will moon. That's all there is to it.
I should mention that I went from 11 ETH to 20 ETH in a weeks time doing this method, just going all-in on coins that have dipped. You're literally taking money from panic sellers and idiots that FOMO in at ATH. Zero-sum game.
What criteria do you have for a good coin vs PnD? Is there something you look for that makes you suspecy PnD over what happens on those?
I just screenshotted this, thanks so much for that advice, seems like the most realistic and straight up advice so far. Really appreciate this user, I'll be trying this out. Thanks.
I am curious about what I mentioned before though about Litecoin, I'm assuming it will recover as it seems to be a bit of a staple but I'm not sure if I'm just being naive. I know the dev has sold everything and posted a few less-than-positive things on Twitter, could this legitimately kill a coin? Would I be stupid to buy back in in this dip/crash?
Well that takes a bit of research beforehand, no way around that. I daytrade only in coins I believe have long-term potential, not just a "flavor of the week" type coin that everyone forgets about. That way, if it dips even more after I buy the dip, I'm confident that it will recover. One red flag of a PnDs is if it initially pumped for no reason. Organic growth is due to announcements, product releases, exchange listings, etc. But identifying good projects takes work, so DYOR. Don't rely on Veeky Forums.
God speed user.
Definitely doing my own research as well, Im just looking at the coins you mentioned to see the examples in action over the past. So a coin like ICX hasnt been on Binance the whole time it was a thing right? I was looking at its chart and just thought "it went up once and stayed there I dont get it" at first. Thanks again user
BUY JIBREL COIN FEB 1ST