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Crypto Tips for XO (exeunt)
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Date: July 15th, 2022 4:13 PM Author: Cocky alpha 1) buy SOL
2) don't fight momentum/trend
will add to this maybe |
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Date: July 15th, 2022 4:15 PM Author: concupiscible dilemma ty pls keep updating.
also tell me when to sell |
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Date: July 15th, 2022 4:17 PM Author: Cocky alpha a simple guide to buying and selling is to use an EMA crossover. 5 day, 30 day crossover works decently well. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857039) |
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Date: July 15th, 2022 6:53 PM Author: self-centered razzle wrinkle property (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857822) |
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Date: July 15th, 2022 7:11 PM Author: well-lubricated maroon skinny woman depressive ty for this, found the EMA cross tool on ftx charts. seems relatively simple (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857919) |
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Date: July 15th, 2022 7:22 PM Author: Sinister box office Was there crossover Nov 2021? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858010) |
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Date: July 15th, 2022 10:27 PM Author: Contagious hall (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859030) |
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Date: July 15th, 2022 6:40 PM Author: Demanding chapel foreskin smerrs rike-ah duck sauce (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857734) |
Date: July 15th, 2022 4:15 PM Author: Bearded abusive theatre candlestick maker 180 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857032) |
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Date: July 15th, 2022 4:17 PM Author: mustard giraffe have some of your concerns about SOLs ability to manage and solve tech snafus been addressed? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857040) |
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Date: July 15th, 2022 4:35 PM Author: Cocky alpha yes, but there needs to be a major engineering/research effort to scale the network (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857111) |
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Date: July 15th, 2022 4:17 PM Author: Mind-boggling Naked Theater What’s the case for SOL? They’ve done jack shit since their 15 minutes of fame. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857042) |
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Date: July 15th, 2022 8:20 PM Author: Dashing carnelian area FTX is taking over.
Go on FTX and see what coins they feature -- BTC, ETH and SOL.
BTC = Long term "reserve currency" store of value type asset ETH = Long term smart contract / DAPP platform where decentralization trumps efficiency / cost. SOL = Long term smart contract / DAPP platform where efficiency / cost trumps decentralization. |
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Date: July 15th, 2022 4:22 PM Author: Motley ratface What is a good price to buy SOL? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857062) |
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Date: July 15th, 2022 4:32 PM Author: Nighttime casino old irish cottage 0 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857093) |
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Date: July 15th, 2022 4:39 PM Author: Motley ratface Unlimited upside then (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857120) |
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Date: July 15th, 2022 4:28 PM Author: massive talented sandwich spot HODLING SOL FOREVER (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857079) |
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Date: July 15th, 2022 4:39 PM Author: Electric cerise persian theater stage Fake exeunt (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857122) |
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Date: July 15th, 2022 4:40 PM Author: khaki mad cow disease jfc. OP - is this true. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857124) |
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Date: July 15th, 2022 4:40 PM Author: Cocky alpha ?
im 100% organic grass fed azn |
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Date: July 15th, 2022 4:42 PM Author: Electric cerise persian theater stage Nah exeunt doesn't give advice like this (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857141) |
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Date: July 15th, 2022 4:40 PM Author: Soul-stirring deep lay idea he suggested Fuck! Already bought SOL on OP's assurances!!! (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857129) |
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Date: July 16th, 2022 7:44 AM Author: Know-it-all kitchen another cryptoPIG squealing before the slaughter (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44860191) |
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Date: July 15th, 2022 4:42 PM Author: Razzmatazz dead pit shitlib "don't fight momentum/trend "
what does this mean?
doesn't it mean sell the bottom, and buy the top? |
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Date: July 16th, 2022 4:53 PM Author: Cocky alpha no, it means don't hesitate to buy if crypto is in an uptrend, sell when it's in a downtrend. you'll never catch the tops or bottoms doing this, but your risk-adjusted returns will be quite good.
the downside is some market regimes exhibit nasty whipsaws so you can get chopped up. but on average you'll do well over a full market cycle. |
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Date: July 16th, 2022 5:59 PM Author: Citrine very tactful church coldplay fan So in other words, just buy high and sell low. What could possibly go wrong with that plan? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862152) |
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Date: July 16th, 2022 11:39 PM Author: Supple mildly autistic pistol you know that high/low is not an absolute scale, right?
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Date: July 31st, 2022 12:04 PM Author: Ungodly disgusting potus prole (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44942521) |
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Date: July 15th, 2022 5:27 PM Author: Hyperventilating Chocolate Indian Lodge Juggernaut Can't tell if this is the real exeunt.
Why not BTC or ETH for at 4-8x? SOL is much higher risk at the moment.
Isn't the macro environment still quite poor. ie, isn't there the chance of further dips by winter or the market just going sideways?
Thoughts on buying ETH into "the merge"?
Are there projects other than SOL on your radar for high risk/reward? |
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Date: July 15th, 2022 6:30 PM Author: well-lubricated maroon skinny woman depressive OP is real exeunt. I'm not exeunt but:
You are buying SOL for 40-80x. The chance of BTC/ETC doing 4-8x is similar to the chance of SOL doing 40-80x in the long run.
Merge doesn't fix scaling issues, afaik.
Exeunt has mentioned AVAX as another decent buy, but not sure if his mind has changed since 3AC going bust. |
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Date: July 15th, 2022 6:36 PM Author: Hyperventilating Chocolate Indian Lodge Juggernaut you're insane if you think "The chance of BTC/ETC doing 4-8x is similar to the chance of SOL doing 40-80x in the long run."
ETH doing a 4x is basically a return to its all time high. ETH works, with improvements on the way, and is decentralized. SOL is a cute pet project that breaks constantly, is not decentralized, and doesn't really have any apps.
SOL might be capable of a greater return during the next bubble, sure. But BTC and ETH will produce a safer return. |
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Date: July 15th, 2022 6:47 PM Author: well-lubricated maroon skinny woman depressive ETH is losing market share every minute. dYdX was one of the biggest projects on ETH L2 that just announced a move to cosmos, mentioning scalability concerns of ETH L2. NFT space losing market share to SOL/Magic Eden. People are leaving ETH for other chains but never the other way around. This trend will only accelerate. ETH is not usable for normies.
SOL used to break frequently but partly because of its different priorities. SOL is actually trying to ship things asap while ETH hasn't really made any meaningful progress over the past 5 years. SOL is the second most heavily used chain just behind ETH. SOL = not decentralized is essentially a meme. It's sufficiently decentralized against coordinated attacks (high nakamoto coefficient) and made that tradeoff explicitly for scalability and mass adoption. |
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Date: July 15th, 2022 6:48 PM Author: Passionate temple doctorate fake news
2.0 is coming and will literally just run shit
this is all fomo to buy cheap ETH rn - JFL if you dont have a 32 ETH node ready to run
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Date: July 15th, 2022 7:00 PM Author: mustard giraffe agreed. SOL may have messed up occasionally, as has ETH, but that is because it is actually trying to do useful things. ETH is fundamentally broken and none of these changes are going to make it useful.
lets revisit ETHs decentralization next time AWS goes down. |
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Date: July 15th, 2022 7:03 PM Author: well-lubricated maroon skinny woman depressive Yeah apparently shit ton of ETH nodes are hosted on AWS: https://twitter.com/solanobahn/status/1547604262527463424
ETH has like 5000 independent nodes vs. SOL's 1800 (which is growing very rapidly). ETH's edge in decentralization is really overblown. |
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Date: July 15th, 2022 7:15 PM Author: Hyperventilating Chocolate Indian Lodge Juggernaut your tweet starts off by acknowledging that SOL is centralized. it's not even worth deigning to prove. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857944) |
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Date: July 15th, 2022 7:20 PM Author: well-lubricated maroon skinny woman depressive Decentralization is relative. SOL is sufficiently decentralized, in most if not all definitions of decentralization.
If you are talking about token distribution, whales holding the majority of tokens is not unique to SOL. And even that will correct itself over time as people keep trading |
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Date: July 15th, 2022 10:49 PM Author: amethyst excitant point newt SOL NFTs are 90% wash trading, DeFi has been proven to be an absolute joke, both in terms of investment potential and user adoption, Star Atlas turned out to be literal shitscam vaporware, and the only play that has made xoxo money was Samo, a literal fucking dogcoin
sam hasnt bought sol in a long time, and he wont be moving it like he did last year. lol@ you knowing all this stuff and still trying to convince clueless xoxo lawyers to buy into your ponzi LMAO |
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Date: July 16th, 2022 12:46 AM Author: mustard giraffe lol everyone here but you made money on SOL. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859586) |
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Date: July 16th, 2022 2:18 AM Author: iridescent startled brunch To be fair,
"the only play that has made xoxo money was Samo, a literal fucking dogcoin"
I think you accidentally misspelled "nyuug" as "xoxo" here. A coin called "Solana" collectively made XOXO tens of millions of dollars, but you probably forgot about that because even though you're a genius trader, you managed to totally fuck up that incredibly easy lay-up play. |
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Date: July 15th, 2022 10:47 PM Author: amethyst excitant point newt TITCREAM (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859112) |
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Date: July 15th, 2022 6:38 PM Author: Passionate temple doctorate gurantreed AVAX and LINK outperform BTC, ETH and SOL from here over next 6-18 months (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857722) |
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Date: July 15th, 2022 6:48 PM Author: well-lubricated maroon skinny woman depressive Is AVAX used for anything currently? Afaik there aren't a lot of activities on the network (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857785) |
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Date: July 15th, 2022 6:49 PM Author: Passionate temple doctorate gaming is gonna be huge allegedly
it really is the best netowrk ime from using it from cost to speed and UI/UX |
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Date: July 15th, 2022 7:00 PM Author: well-lubricated maroon skinny woman depressive I've tried to research some upcoming games on AVAX but haven't really found anything that looks more competitive vs. other blockchain games. And I don't get why AVAX would have competitive adv over other high performant blockchains like SOL. Do the subnets help gaming somehow?
And aren't the fees pretty high compared to SOL? I know it's cheaper than ETH but if hundreds of transactions cost a few dollars, it wouldn't be very normie friendly |
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Date: July 15th, 2022 7:14 PM Author: Passionate temple doctorate its way more decentralized and normie friendly and dev friendly than faggot ass SOL (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857941) |
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Date: November 15th, 2023 7:33 PM Author: bipolar locus headpube Try 5 years and CR (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060827) |
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Date: July 15th, 2022 7:05 PM Author: Sinister box office 92872528282892827282872897254272827629475474 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857889) |
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Date: July 15th, 2022 7:23 PM Author: doobsian ultramarine deer antler Do you think equities bottom is in? Shit still feels so dire (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858026) |
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Date: July 16th, 2022 4:54 PM Author: Cocky alpha feels like a bottom (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44861959) |
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Date: July 17th, 2022 1:52 AM Author: doobsian ultramarine deer antler Holy shit (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864072) |
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Date: July 17th, 2022 3:06 AM Author: Bearded abusive theatre candlestick maker (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864236) |
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Date: July 15th, 2022 8:16 PM Author: Impertinent Gas Station Round Eye 180 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858329) |
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Date: July 15th, 2022 8:31 PM Author: pea-brained range puppy Nigger (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858413) |
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Date: July 15th, 2022 8:36 PM Author: Nighttime casino old irish cottage Nobody will ever use blockchain for anything its just a super slow inefficient database (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858447) |
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Date: July 15th, 2022 8:40 PM Author: Soul-stirring deep lay idea he suggested How much SOL should I acquire if I want to be richer than CSLG? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858469) |
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Date: July 15th, 2022 8:45 PM Author: well-lubricated maroon skinny woman depressive 10000 SOL will be worth 20-40 mil im 5 years so that much (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858499) |
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Date: July 15th, 2022 10:44 PM Author: Dashing carnelian area CSLG will be worth more than $40mil in 5 years (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859098) |
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Date: July 15th, 2022 10:47 PM Author: Soul-stirring deep lay idea he suggested Okk, I'm good then (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859113) |
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Date: July 15th, 2022 10:44 PM Author: amethyst excitant point newt Lol exeunt, you need to preface all your posts from now on with price targets. you give solid advice for entries, absolutely dogshit exits.
here's my .02, you fucking noobs. buy, like exeunt is saying. expect a flash wick down from big players before we go up though. almost guarantee it.
when media outlets start saying bitcoin is surging again for no apparent reason, start scaling out - this is not 2021 anymore. SOL's marketcap is now too big for the stupid gains we saw last year.
this is the absolute best financial advice you are going to hear on xoxo. period. sometimes i dont even know why i bother with you fucks lol |
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Date: July 16th, 2022 12:49 AM Author: light curious love of her life You’re a great guy, but you’re poor, literally no one cares about what you say. You called a downturn before a big runup, so people ignored your correct calls about a future downturn.
You also called at one point the path to guaranteed riches was to put small money in a lot of SOL micro caps, which was horrendous advise. Your last big call was on Solrise which was a ridiculous call.
Your YouTube channel is a failure and hasn’t grown in a year, you’re a Chaebong Hyung failure working a $60k job in Seoul. |
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Date: July 16th, 2022 12:56 AM Author: mustard giraffe (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859649) |
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Date: July 16th, 2022 1:04 AM Author: amethyst excitant point newt and here i am, outperforming literal hedge funds because i was cautious and survived the nuke. we will take advantage of the bounce.
so you can just suck on deez nuts. |
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Date: July 16th, 2022 1:06 AM Author: Dark house-broken liquid oxygen Are you still obsessively chasing pussy? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859683) |
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Date: July 16th, 2022 2:12 AM Author: Hyperventilating Chocolate Indian Lodge Juggernaut please, that's his redeeming quality (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859891) |
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Date: July 16th, 2022 1:07 AM Author: Bat shit crazy angry selfie queen of the night lol, glad you made $20, now go buy yourself a star war ticket. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859686) |
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Date: July 16th, 2022 1:08 AM Author: iridescent startled brunch To be fair,
"Here I am, outperforming literal hedge funds," declared the 35 year old pock-marked Korean manlet wearing makeup with a shit job, no professional success, no family or significant other, and a bunch of "internet friends" (who all actually hated him) as he studiously ignored the fact that he was poor before the biggest and longest bullrun in modern history, he remained poor throughout that entire bullrun (due in part to exiting his positions way too soon), and he is still poor today. "So you can just suck on deez nuts. BANG-A-RANG!" |
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Date: July 16th, 2022 6:00 PM Author: magenta associate institution Now do you. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862158) |
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Date: July 16th, 2022 6:42 PM Author: iridescent startled brunch To be fair,
The guy who told XO to buy BTC in 2013, ETH/LINK in 2017, and has been sucking Tesla's dick for years?
Yeah I'm ruined IMO. |
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Date: July 16th, 2022 8:41 PM Author: magenta associate institution I meant how old are you what's your ethnicity, marital status, net worth and what do you look like?
Those were your criticisms of nyuug. |
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Date: July 16th, 2022 10:31 PM Author: iridescent startled brunch To be fair,
White as the driven snow
Happily married with sixteen beautiful and brilliant Aryan kids
>$300 million
Extremely tall and hot
Thanks for asking! |
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Date: July 16th, 2022 9:54 PM Author: magenta associate institution Also, to be clear, are you now taking credit for "calling" eth in 2017? Like before exeunt, you independently identified eth as a good investment in 2017 and brought that info to the board? That's your claim? I just want to be clear here.
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Date: July 16th, 2022 10:34 PM Author: iridescent startled brunch To be fair,
I never said I "called" ETH in 2017. I said I encouraged XO to buy it at that time.
"Oh well so what a bunch of people said that!" sneers the sniveling kike.
Actually, the vast majority of XO was too busy laughing their asses off at the "retards" who "bought into this internet coin scam" and were way too busy treating the small minority of us who were pushing it like a bunch of gullible idiots who were getting conned out of our money to even consider investing any of their own capital at that time. As you should well remember, since you were megapoasting at that time (btw when did you first buy ETH, Bloodacre?).
But I understand that your "point" here is to strongly imply that I'm just a bandwagon faggot who shamelessly tries to take credit for things I didn't really having anything to do with, so sure in order to further that "narrative" we can just pretend that XO was solidly aboard the ETH train in 2017 and it wasn't a widely mocked fringe position back then -- which is why everyone on this bort is now a multimillionaire who has been retired for years. Haha, yeah, haha. |
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Date: July 16th, 2022 1:10 AM Author: light curious love of her life You created a hedge fund and advertised it here: let’s look at the assets you’ve managed:
https://app.solrise.finance/funds/93aCD5PKvpawUxJM7cPdbRgaoSBW66tyaEZf4NPAmLiy
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Date: July 16th, 2022 1:22 AM Author: Dark house-broken liquid oxygen https://www.youtube.com/watch?v=CEaeLocgxK4 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859743) |
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Date: July 16th, 2022 6:55 AM Author: Bat shit crazy angry selfie queen of the night lmao
the $1 AUM hedge fund and holding 100% USDC was not a meme hahaha |
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Date: July 16th, 2022 1:05 AM Author: Bat shit crazy angry selfie queen of the night (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859680) |
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Date: July 16th, 2022 1:16 AM Author: Supple mildly autistic pistol 180. have been adding SOL and some SPL like SAMO.
Most SPLs appear to have crappy fdv though.
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Date: July 16th, 2022 1:18 AM Author: Bright legend church building the only SPLs worth owning are SHDW, SOL, and SAMO (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859728) |
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Date: July 16th, 2022 1:21 AM Author: Supple mildly autistic pistol I like SHDW's mc and the project, but hesitant because of the meh tokenomics (fdv) though better than most other SPLs. Plus exeunt never vetted SHDW. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859739) |
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Date: July 16th, 2022 1:53 AM Author: Bright legend church building tokenomics will be fine as soon as NFT emissions are done in January. great time to accumulate SHDW between now and then imo (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859841) |
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Date: July 16th, 2022 1:57 AM Author: Supple mildly autistic pistol but fdv is about 3x mc. I mean 3x is one of the lowest in SPL but still sounds meh compared to SOL or SAMO. no?
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Date: July 16th, 2022 6:59 AM Author: amethyst excitant point newt you can buy anything you like. doesnt really matter what you buy. if BTC pumps, people will buy shitcoins again
the good thing about the nuke was that xoxo learned to sell while theyre still in profit. hopefully the board listened to me when i said they should sell |
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Date: July 16th, 2022 2:21 AM Author: flickering people who are hurt native This is literally your last chance to take exeunt’s advice and get rich off crypto.
No sympathy for anyone who ignores or snoozes on it. |
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Date: July 16th, 2022 2:36 AM Author: Supple mildly autistic pistol nah, noSOLmos should stay away from SOL. they deserve to be poor.
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Date: July 16th, 2022 12:59 PM Author: doobsian ultramarine deer antler jfc how does he do it (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44861025) |
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Date: July 16th, 2022 1:13 PM Author: Supple mildly autistic pistol Don’t forget he also called samo a few months ago, which is pumping the hardest rn (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44861077) |
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Date: July 16th, 2022 5:21 PM Author: well-lubricated maroon skinny woman depressive samo is exeunt approved? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862050) |
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Date: July 16th, 2022 5:42 PM Author: Supple mildly autistic pistol DYOR about it. I won’t say further as I am sure he only wants the true solmos to actually get it. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862096) |
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Date: July 16th, 2022 5:42 PM Author: Beady-eyed background story Crypto is retarded and so are you (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862099) |
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Date: July 16th, 2022 5:43 PM Author: Supple mildly autistic pistol Ngmi, poor man (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862103) |
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Date: July 16th, 2022 5:46 PM Author: Beady-eyed background story Cool story Chang (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862115) |
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Date: July 19th, 2022 2:52 PM Author: Cocky alpha don't forget gay, too (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877528) |
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Date: July 16th, 2022 6:20 PM Author: Citrine very tactful church coldplay fan I'm not anti-crypto per se, but I would love it if someone could explain to me like I'm five why I should expect that crypto will go up in the next (say) five years that doesn't boil down to "some sucker will pay more than you paid because it has always gone up in the past." They used to say the same thing about tulip bulbs, you know?
A finance textbook would say that the value of an asset is equal to the present value of all future cash flows that the asset produces. The price of a bond is the present value of all future coupon payments, the price of a stock is the present value of all future dividends, etc. Under that definition, the appropriate price for any type of crypto is zero, because it doesn't produce any cash flows. Which already makes me hesitant.
Granted, this definition doesn't work for all assets. Gold and other precious metals are the most obvious counterexamples. But that kind of proves my point. Historically the long-term returns on gold have been approximately equal to the inflation rate but with extremely high volatility. That makes it a very poor long-term investment. The only real case for it is that it can be a diversifier since it is a hedge versus inflation and it tends to zig when the market zags. But we have seen this year that crypto has actually been highly correlated with the overall market and has performed very poorly when inflation is high.
So if crypto does not produce cash flows and does not function well as a diversifier, what is the argument for investing in it that doesn't boil down to pure greed/FOMO? Every time I ask this question, the only responses I get are along the lines of, "Have fun staying poor, Luddite." Which, if anything, just feeds my perception that it is all greed and FOMO.
Like I said, I'm not an anti-coiner. If someone can answer my question like I'm five, I would love that. But I'm only going to invest in things I believe in rather than FOMO because an asset class went up in the past. And the fact that I have never seen a simple argument for why I should expect the asset price to go up makes me very hesitant to invest in crypto. |
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Date: July 16th, 2022 6:25 PM Author: magenta associate institution Tl; Dr. Ngmi. Enjoy poverty. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862234) |
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Date: July 16th, 2022 6:28 PM Author: Supple mildly autistic pistol cr
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Date: July 16th, 2022 8:45 PM Author: Cocky alpha (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862690) |
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Date: July 16th, 2022 6:47 PM Author: well-lubricated maroon skinny woman depressive Do you believe web3/user owned economy is coming? Think about why trends like belief in decentrailzation and distrust in centralized entities (megacorps, government, etc.) are on the rise, and make a judgment on how much value you think the final form of the world built on blockchain will have in the future.
I think the world is trending towards a place where we cut out as many middlemen as possible. Think how user-owned media emerged as an alternative to the old media where a few TV channels owned all the entertainment shows and contents. Aligned with this general trend of individuals breaking away from the influence of megacorps and middlemen, crypto could reconstruct the way value is passed on from a person to another. I think some of the more serious investors in the crypto space have strong conviction in this vision, which are different crowd of people than those who invest in it because "numbers go up".
Even if you don't buy this sociological argument of web3 and the rise of user-owned economy, there's the argument that the crypto market will absorb the gold market as a new store of value. |
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Date: July 16th, 2022 9:50 PM Author: Citrine very tactful church coldplay fan Thank you for being one of the very few people who have actually attempted to give a rational answer to my question. I have heard some variants of this argument before. My responses would be the following:
1) When I swipe my credit card at the grocery store, there is a transaction cost, but it is paid entirely by the merchant. But if I pay someone with crypto, I pay the transaction cost. Maybe there a few libertarian diehards who will accept this cost as a way to realize their ideals, but I don't think most people are going to offer to pay additional fees to the blockchain just to stick it to the banks.
2) The transaction speeds for most current cryptocurrency are much too slow to be useful for day-to-day transactions. Am I just supposed to stand in the checkout line for 10 minutes while I wait for the blockchain to confirm that I have enough BTC in my account to pay for my groceries? My understanding is that one of the big selling points of SOL is that is faster than older cryptos like BTC, but it is fast enough to handle the millions of transactions that occur every hour in the traditional banking system? I have my doubts.
3) The Federal Reserve is already planning to make a digital currency. Even if the crypto enthusiasts are correct, my guess is that this proposed FRDC will ultimately drive most other cryptos out of the market. Why would I use a slow and highly volatile crypto like BTC when I could use another digital currency with a one-to-one peg with the USD and that I can also use to pay my taxes?
4) Even if I am wrong about points 1)-3), it does not follow that any of these currencies will rise versus the USD over time in real terms. Other things being equal, currency A will only rise versus currency B if the demand for goods that can only be purchased using currency A exceeds the demand for goods that can only be purchased using currency B. And what can you purchase with crypto that you can't purchase with USD? The only answer I can think of to that question is "drugs on the Internet." That doesn't seem like it will be sufficient to push the price of BTC higher versus USD.
5) As I noted in my earlier poast, I have heard the "digital gold" argument. That's hardly a great selling point given that the real returns for gold have averaged around zero with extremely high volatility, and the fact that crypto collapsed in a period of high inflation and rising interest rates suggests that it does not have the diversification benefits of gold.
So yeah... I appreciate the effort to answer my question, but I am still definitely not sold. |
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Date: July 16th, 2022 10:41 PM Author: iridescent startled brunch To be fair,
https://www.youtube.com/watch?v=79UeIp3ngjk |
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Date: July 16th, 2022 10:56 PM Author: Supple mildly autistic pistol (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863318) |
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Date: July 16th, 2022 10:32 PM Author: Cocky alpha I’ve written about this too much
but digital gold is probably the best argument. the difference between the returns of gold v crypto is that crypto has yet to achieve gold like market cap and is in the process of doing so, whereas gold has been in rough equilibrium for centuries |
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Date: July 17th, 2022 2:33 PM Author: Citrine very tactful church coldplay fan That's at least a plausible hypothesis. But if that is the case, doesn't that imply that the long-run real return on crypto is going to be zero? And what is the evidence that crypto still has room to grow before it reaches the equilibrium price? Isn't it equally plausible that crypto is currently overvalued and will crash more before it reaches equilibrium (followed by a long period of zero real returns)? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44865973) |
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Date: July 17th, 2022 3:04 PM Author: Cocky alpha >But if that is the case, doesn't that imply that the long-run real return on crypto is going to be zero?
yes, but the long run is probably centuries
given the massive risk in crypto, a rational market will not bid up the price to the point where the expected return is 0. it would embed a large risk premium to make holding it worthwhile.
with massive institutional interest and the easy availability of shorting, crypto's pricing is getting more rational (see the hugely increased correlation with equities; prior to this, crypto was an amazing diversifier and arguably a free lunch).
>And what is the evidence that crypto still has room to grow before it reaches the equilibrium price?
it's a judgment call and the biggest source of uncertainty. a simple way i see it is if gold's current market cap is about $10T, that's about a reasonable target for crypto to hit over a multi-decade period.
>Isn't it equally plausible that crypto is currently overvalued and will crash more before it reaches equilibrium (followed by a long period of zero real returns)?
maybe. the people who get this question right have the opportunity to become rich. i leave it up to you to come up with your own opinion. |
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Date: July 17th, 2022 8:45 PM Author: Citrine very tactful church coldplay fan Thank you for the rational and reasonable response. I can't really disagree with anything you said. I'm probably still not going to invest, because I am less optimistic than you are about the potential for big returns as it reaches this "equilibrium price." But thank you for acknowledging the uncertainty and making a rational case rather than simply telling me to enjoy being poor. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44867675) |
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Date: July 16th, 2022 9:54 PM Author: Cheese-eating fragrant space main people This is fucking stupid. Don’t buy shitcoins, folks. Exeunt probably needs his bags unloaded. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862979) |
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Date: July 16th, 2022 10:15 PM Author: amethyst excitant point newt its a calculated risk. its actually hilarious how the xoxo crypto crowd literally was silent when i made this thread
http://www.autoadmit.com/thread.php?thread_id=4970709&forum_id=2#43493030
the entire nuke these guys said nothing about selling like all these same fucks suddenly are saying to buy.
funny coincidence right? there is substance to buying when the xoxo pump group tells you to buy, but these guys are absolutely scammers. as long as you take profits this time youll be fine imo.
it wont be just up only from here though i can guarantee you that. there will be a lot of chop and pain. certainly nothing like last year. |
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Date: July 16th, 2022 10:29 PM Author: Cocky alpha lmao yeah I’m trying to source liquidity from a forum of bald lawyers to sell a crypto w $10b+ market cap and $1b+ daily trading volume
you are literally too stupid to have opinions about this |
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Date: July 16th, 2022 10:54 PM Author: self-centered razzle wrinkle property im in the pro exeunt camp and i am curious, what has changed? you typically are not this vocal regarding crypto and havent given this much advice in awhile. what has changed? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863302) |
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Date: July 16th, 2022 11:17 PM Author: well-lubricated maroon skinny woman depressive Exeunt's thesis has been that SBF will be the king of crypto and will back SOL as THE blockchain of his crypto kingdom. Since SOL's network issues, SBF has been distancing himself from SOL for a bit.
But there have been some recent changes: - SBF and FTX are really emerging as the most powetful and competent crypto instituion in this bear where many of the major institutions are going bust - SBF has resumed his association with SOL. Made some bullist tweets (one this morning) and is backing SOL's mobile projects (Saga, xNFT, SMS, etc.) - SOL's network has become more stable and is expected to be even more stable with new updates |
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Date: July 16th, 2022 11:24 PM Author: amethyst excitant point newt 1st point - valid 2nd point - not really, he's just expecting retail that hasnt been watching closely enough to our TPS to believe him and buy his bags (he's not going to be shilling near, aptos, or sui because retail realized all these shitchains are cash grabs) 3rd point - invalid
the aury mints, degen ape mints, and a couple other literally broke solana. there havent been any new mints in a long time - prob bc the higher ups told the devs to stop fucking minting until SOL goes up again - so we dont really know if the fixes worked
at this point, xoxo should know how coordinated everything in crypto is, especially SOL and its cabal. amy + lightspeed, mechanism, spartan group, all of those fucks involved turned out to be literal con men lol |
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Date: July 16th, 2022 11:45 PM Author: Supple mildly autistic pistol " there havent been any new mints in a long time "
what the heck are you talking about bro...
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Date: July 16th, 2022 11:55 PM Author: iridescent startled brunch To be fair,
You're talking to a "financial genius" (nyuug really thinks that about himself btw not flame even though he has always been and still remains one of the poorest guys on this message bort) who miraculously managed to *lose* money on the one coin that made even total retards like Obeezy tens or hundreds of thousands of dollars or even millions of dollars during this last bull cycle: Solana.
Interestingly, for reasons that surely have absolutely nothing to do with what I just noted above, nyuug is now very down on Solana -- "it's basically a scam," "anyone telling you to buy it is just trying to dump their bags," etc. Odd case haha. |
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Date: July 17th, 2022 12:10 AM Author: amethyst excitant point newt lol@ the larpers here. show me how well you guys traded the last 6 months on-chain and ill stfu
xoxo is so full of shit it isnt even funny lol |
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Date: July 17th, 2022 2:02 AM Author: iridescent startled brunch To be fair,
Here's my crypto resume:
- I have date-stamped threads hawking BTC aggressively in 2013.
- I have date-stamped threads hawking ETH aggressively in 2017. (Not claiming I "found" ETH, but I was one of the first ones on the bandwagon.)
- I have date-stamped threads hawking LINK aggressively in 2017.
- I was on the SOL train within weeks of Exeunt recommending it and then spent 2021 pushing it aggressively myself in numerous date-stamped threads.
Here's your crypto resume:
- Missed the first three currencies entirely
- Came to crypto almost a decade later than most people on this board
- Finally aped in right in the middle of the biggest bull market to date, yet still managed to lose money "day trading" the last currency (which made tons of people on this board rich), and your most famous date-stamped crypto thread is one warning everyone to "exit all exposed positions immediately"... right before the big push up to the top of the bull peak
- Have nevertheless somehow concluded (because you're completely retarded and lack all self-awareness) that you're some sort of financial guru crypto genius who deserves respect and attention and anyone who dares to call you out is just "full of shit"
Go back to eskimo kissing stupid whores, you pathetic makeup-wearing faggot. |
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Date: July 17th, 2022 2:53 PM Author: Razzmatazz dead pit shitlib lol (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866076) |
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Date: July 16th, 2022 11:04 PM Author: amethyst excitant point newt i dont think you have bad intentions. im just sad everyone was deluded into HODLing all the way back down.
even you have to admit, there was no one telling people to sell after we peaked, and certainly not the kind of vocal jim cramer BUY BUY BUY shit thats going on right now.
if jim cramer BUY BUY BUY poasting helps xoxo buy, these same geniuses ought to tell xoxo when to SELL SELL SELL. you have to be able to make both calls to be really good. Q4 21 was pure tabasco et al. manipulation, even you know this man.
and then these same shill groups telling people to buy LIQ protocol when the team turned out to be a confirmed rug lol. at least i told people to sell solrise and they turned out to be a legit team (although with a badly botched roadmap) |
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Date: July 16th, 2022 11:07 PM Author: Supple mildly autistic pistol sadly, you are ngmi, nyuug bro. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863382) |
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Date: July 16th, 2022 11:10 PM Author: amethyst excitant point newt i have plenty of moonbags to catch a pump. ive been in this game long enough now to know who to trust here and who not to trust
exeunt has proven himself to be good at calling entries. no one on xoxo is good at calling exits. gatormo and all our other whales were silently selling the fuck out of the tops, did you see him and any of our whales making threads telling you to sell? they only say they've sold long after bagholders realize what's happened
play the game, or the game plays you, my friend. |
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Date: July 16th, 2022 11:11 PM Author: mischievous vermilion station hissy fit Nyuug, love you, big fan, but exeunt’s daily staking awards are more than your entire networth. You said to sell before the big run up that made dozens of posters millionaires.
You were a lot more vocal about buying sol shitcoins than exeunt, who has never said anything about it. Exeunt never said anything about LIQ. |
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Date: July 16th, 2022 11:20 PM Author: amethyst excitant point newt it doesnt really matter what his staking rewards are because 1) he already sold and 2) sol cratered, leaving his staking rewards valueless compared to jan 21
not saying exeunt was the one shilling LIQ. a bunch of random posters and pumos always show up when they want posters to buy, and then never tell people when to sell. there are clear pump groups here who are preying on the board. in reality, the VAST majority of posters prob just HODLed down until now, and dont want to admit they lost prob 70-85% of their gains.
you guys have my addresses, you can see what my moonbags look like and how much they went down. i dont need to LARP like the rest of the board lol.
it's funny how all these dumb fucks always come out of the woodwork and claim they know their shit, and none of them do their swaps on-chain in public addresses for xoxo to judge.
it there was a real bull run coming, i think he'd advise a smaller marketcap coin that not many people know about. recommending only a SOL buy tells me only majors will have a final scam exit pump in the next couple months before a real winter, instead of a '21 like run
a16z announcing a billion dollar fund doesnt mean theyre going to be suddenly buying SOL on secondary - they're going to be seeding a thousand shitty gamefi and metaverse projects, on private, just like samani was buying SOL at .05 or something.
retail actually thinks these funds will be pumping their bags. they're delusional. |
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Date: July 17th, 2022 12:26 AM Author: mischievous vermilion station hissy fit I didn’t read this (even though I love and respect you) but the only thing that matters at the end is being rich and being poor.
exeunt is rich you are poor. |
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Date: July 17th, 2022 3:55 AM Author: lascivious obsidian halford sanctuary i adore both exeunt and nyuug
both raise good points <3 |
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Date: July 17th, 2022 10:02 PM Author: Cheese-eating fragrant space main people Exeunt, you literally know nothing it u think SOL is anything other than a pump and dump. There’s only one cyptocurrency that’s worth a damn, yet all I see is you pumping your shitcoin bags. Sorry man but u are a fool if u think whatever shiba imu shit is worth buying. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868036) |
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Date: July 17th, 2022 10:15 PM Author: Supple mildly autistic pistol "Exeunt probably needs his bags unloaded."
"to sell a crypto w $10b+ market cap and $1b+ daily trading volume"?
"all I see is you pumping your shitcoin bags"
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Date: July 17th, 2022 12:33 AM Author: Beady-eyed background story cant believe ppl are getting sucked into this stupid shit again (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863766) |
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Date: July 17th, 2022 12:38 AM Author: Supple mildly autistic pistol can't believe the noSOLmos here are STILL ngmi
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Date: July 17th, 2022 12:39 AM Author: mischievous vermilion station hissy fit (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863789) |
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Date: July 17th, 2022 10:11 PM Author: magenta associate institution (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868082) |
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Date: July 17th, 2022 3:21 AM Author: doobsian ultramarine deer antler Still can't believe your timing here, wtf so mad I didn't buy back in, way too risk averse to buy back even after selling so much in the 100s Just after CPI and figuring inflation had peaked cuz of commodities prices would lead to a substantial bear market rally? |
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Date: July 17th, 2022 3:25 AM Author: iridescent startled brunch To be fair,
This is still low faggot, SOL is going to $1k+ within the next few years. Stop whining. |
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Date: July 17th, 2022 3:36 AM Author: Supple mildly autistic pistol " 2) don't fight momentum/trend "
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Date: July 17th, 2022 3:44 AM Author: doobsian ultramarine deer antler That trend is still down though (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864304) |
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Date: July 17th, 2022 8:57 AM Author: Supple mildly autistic pistol don't fight "momentum"/trend (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864718) |
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Date: July 17th, 2022 2:54 PM Author: Insane Racy French Chef So I should be putting are life's savings in right now? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866084) |
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Date: July 17th, 2022 2:57 PM Author: Supple mildly autistic pistol "never all in, never all out"
-exeunt
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Date: July 17th, 2022 3:00 PM Author: iridescent startled brunch To be fair,
You should drop $25k into it right now and HODL for at least two years regardless of what it does in the interim. Best case scenario, you're a millionaire from that investment down the line. Middle ground scenario, you turn a fantastic profit off that investment. Worst case scenario, you lose $25k.
"But even though I'm a middle aged man with a career and I'm poasting on an obscure message board for lawyers, I can't afford to potentially lose $25k!"
Then you should unironically kill yourself for being such a total fucking pathetic impoverished failure at this point in your life, which of course has nothing to do with crypto.
It's all really very simple. |
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Date: July 17th, 2022 3:02 PM Author: light curious love of her life What is the minimum amount to make it? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866128) |
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Date: July 17th, 2022 3:02 PM Author: iridescent startled brunch To be fair,
What is the threshold of "making it"? |
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Date: July 17th, 2022 3:04 PM Author: light curious love of her life Financial independence, $5 million (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866134) |
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Date: July 17th, 2022 3:06 PM Author: iridescent startled brunch To be fair,
Within the next 3-5 years? I would say you probably need at least 2,500 SOL (that's optimistic) to have a decent shot at hitting that. You might not make it, but if things go well you'll probably get reasonably close. I wouldn't want to speculate on SOL beyond a ~3-5 year window at this point.
That's a ~$75k investment if you buy it all today. And bear in mind that if you stake it, you can make a ~5% annual return paid out in SOL just from holding your stack. That's ~125 SOL/year, or an additional ~400-600 SOL that you get for "free" over the next 3-5 years, if you buy the full stack today.
If you have balls and cash and drop a full $100k in SOL today, I think it's actually pretty conservative to say that you'll likely be *at least* a millionaire from that decision alone by 2025/2027, if not sooner. Not too many assets I'm aware of that I would say that about. |
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Date: July 17th, 2022 3:21 PM Author: Supple mildly autistic pistol what about $90K SOL and $10K samo?
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Date: July 17th, 2022 3:22 PM Author: iridescent startled brunch To be fair,
BTC, ETH, LINK, and SOL are all TBF-approved purchases to buy and HODL.
SAMO is a second-level leveraged bet on SOL. I hold SAMO and I think it's a good gamble, but just be aware that it's basically a different asset than the blockchains listed above and shouldn't be viewed or treated the same. |
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Date: July 17th, 2022 3:23 PM Author: light curious love of her life You changed it from 2000 to 2500 solana (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866225) |
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Date: July 17th, 2022 3:25 PM Author: iridescent startled brunch To be fair,
You changed it from $3-5 million to $5 million |
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Date: July 17th, 2022 3:26 PM Author: light curious love of her life I have an IQ of 90 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866243) |
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Date: July 17th, 2022 3:26 PM Author: iridescent startled brunch To be fair,
I'm gay and retarded |
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Date: July 17th, 2022 3:29 PM Author: light curious love of her life I’m thinking about dumping $50k into solana after this conversation, I only have 450, I bought at like $150 each though (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866267) |
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Date: July 17th, 2022 3:32 PM Author: iridescent startled brunch To be fair,
Do it, but only if you can afford to lose it all AND if you're willing and psychologically able to HODL for at least two years no matter what. Also you should be staking your stack. |
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Date: July 17th, 2022 5:31 PM Author: magenta associate institution Wow what a sage. It might go up, it might go down. Also, don't forego the free rewards.
I'll be sure to bump this when solana goes up and you pat yourself on the back claiming to have told everyone to buy sol. |
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Date: July 17th, 2022 5:34 PM Author: iridescent startled brunch To be fair,
Yeah wow you got my Dupa I'm just too cowardly to make specific price predictions right above in this very subthread, if there's one thing I'm notorious for on XO it's my cowardice in refusing to make hard falsifiable predictions about future events haha
Kike. |
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Date: July 17th, 2022 5:38 PM Author: magenta associate institution "Listen to me guys I know what I'm talking about. Remember, I'm the guy who brought you btc, eth and link!"
"OK awesome. So should I buy?"
"It depends" |
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Date: July 17th, 2022 5:39 PM Author: iridescent startled brunch To be fair,
http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866113
Lol you're such a fucking kike it's almost a parody. Yeah you got me good, Dupa! |
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Date: July 17th, 2022 9:52 PM Author: magenta associate institution "If you've got an extra $25k buy solana. You might lose it all, you might get rich or you might just make a decent gain. Pretty much anything could happen." (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44867993) |
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Date: July 17th, 2022 5:41 PM Author: Thriller meetinghouse weed whacker what does staking your stack mean? Just bought my first crypto bc of this thread. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866928) |
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Date: July 17th, 2022 5:43 PM Author: iridescent startled brunch To be fair,
https://support.exodus.com/article/1551-solana-staking-faq#:~:text=Staking%20your%20SOL%20is%20done%20in%20a%20non-custodial,free%20to%20unstake%20your%20funds%20whenever%20you%20choose. |
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Date: July 17th, 2022 5:45 PM Author: Thriller meetinghouse weed whacker ty (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866958) |
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Date: July 17th, 2022 5:16 PM Author: Insane Racy French Chef I'm at 150 now. Bought half at $70 and the rest at $150. Dropped $70k on ibonds. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866803) |
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Date: July 17th, 2022 3:23 PM Author: Supple mildly autistic pistol fair
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Date: July 17th, 2022 4:04 PM Author: Nighttime casino old irish cottage Lmfao (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866465) |
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Date: July 17th, 2022 4:27 PM Author: iridescent startled brunch To be fair,
Good point. Back-up plan: Follow Consuela's lead and invest in PHYSICAL SILVER! Haha, yeah. |
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Date: November 9th, 2022 1:26 PM Author: Nighttime casino old irish cottage Update? Queer (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#45465468) |
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Date: July 17th, 2022 5:14 PM Author: Insane Racy French Chef I did $16k last year. Not sure I can sell wife on another $20k. I also assume you are 100% correct. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866793) |
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Date: July 17th, 2022 3:05 PM Author: Cocky alpha you should never put your life's savings into crypto. only what you can afford to 100% lose. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866138) |
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Date: July 17th, 2022 5:17 PM Author: Insane Racy French Chef It was in jest but im also super risk adverse so afford to lose is relative. I do agree it's irresponsible at this point to not hold at least some. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866810) |
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Date: July 17th, 2022 5:46 PM Author: Laughsome insecure hospital nibblets Never go all-in or all-out. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866962) |
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Date: July 17th, 2022 5:22 PM Author: Laughsome insecure hospital nibblets Just bought more, ok how long do I have to wait? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866832) |
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Date: July 17th, 2022 5:38 PM Author: Thriller meetinghouse weed whacker Alrighty just bought my first crypto. Gonna buy $3k worth of SOL a day until I hit 25k.
Will revisit this poast in the future. |
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Date: July 17th, 2022 5:40 PM Author: iridescent startled brunch To be fair,
YNY |
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Date: July 17th, 2022 5:41 PM Author: light curious love of her life Are you worth 8 figures? I know you’re a mysterious figure but I’m just wondering as a big fan of your work. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866929) |
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Date: July 17th, 2022 5:43 PM Author: iridescent startled brunch To be fair,
I am poor, gay, friendless, and retarded. These are all widely known facts. |
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Date: July 17th, 2022 5:50 PM Author: light curious love of her life Do you own over 100 BTC? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866986) |
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Date: July 17th, 2022 10:06 PM Author: magenta associate institution He literally begged exeunt for shitcoin recs a few months ago. It was sad and cringey. It's so weird to watch tbf aggressively self promote as a crypto guru. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868058) |
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Date: July 17th, 2022 10:24 PM Author: Comical incel This seems motivated by anti anti semetism :/ (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868161) |
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Date: July 18th, 2022 12:03 AM Author: iridescent startled brunch (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868550) |
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Date: July 17th, 2022 5:42 PM Author: vivacious filthy genital piercing exeunt ruined my life tp (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866938) |
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Date: July 18th, 2022 9:16 PM Author: Cocky alpha ?
i've saved many poasters from unnecessary WAGECUCKERY |
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Date: July 18th, 2022 9:39 AM Author: Electric cerise persian theater stage exeunt nailed the bottom. magic asian (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44869742) |
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Date: July 18th, 2022 9:30 PM Author: Supple mildly autistic pistol (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44873872) |
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Date: July 19th, 2022 2:27 PM Author: doobsian ultramarine deer antler (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877359) |
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Date: July 19th, 2022 11:26 AM Author: Electric cerise persian theater stage SOL up like 20% since exeunt made this thread... (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44876351) |
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Date: July 19th, 2022 2:30 PM Author: Bright legend church building (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877375) |
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Date: July 19th, 2022 2:35 PM Author: Supple mildly autistic pistol (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877409) |
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Date: July 19th, 2022 2:36 PM Author: Thriller meetinghouse weed whacker up to 211 SOL and climbing. Average price right around 40.
STAKING @ 4% on coinbase. Will prob go one of the more complicated routes once I'm done buying. Been doing 3k a day since I read this thread.
Exeunt any insight on the best way to stake/lend/whatever for the highest/safest %? |
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Date: July 19th, 2022 2:45 PM Author: iridescent startled brunch To be fair,
Not Exeunt but I recommend staking through Exodus |
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Date: July 19th, 2022 2:51 PM Author: Bateful field multi-billionaire Is this better than solflare? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877518) |
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Date: July 19th, 2022 2:53 PM Author: black set telephone no. if you have a solfare or phantom wallet, just allocate to the validators you want. there's no reason to set up an exodus account and allow them to stake with 1 massive validator. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877532) |
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Date: July 19th, 2022 2:53 PM Author: black set telephone can you explain your exodus rec? I don't see any benefits to using it. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877537) |
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Date: July 19th, 2022 2:54 PM Author: iridescent startled brunch To be fair,
It's less of a positive Exodus recommendation and more of a "fuck Coinbase" recommendation. I know I'm at least getting more than 4% returns by staking on Exodus and Coinbase is always for Boomer faggots. Beyond that I'm not MFE on this. |
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Date: July 19th, 2022 2:52 PM Author: black set telephone I wouldn't go with TBF's recommendation. It's just as simple to set up a phantom wallet and choose the validator(s) you want to stake with. This should allow you to get higher rewards and also contribute to decentralization of the chain.
You can also do liquid staking with marinade which is safe, easy and flexible. |
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Date: July 19th, 2022 2:53 PM Author: iridescent startled brunch To be fair,
Can you spell this out more? I'm no MFE on this (I just know Coinbase is never TCR) and I could be sold here as well. |
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Date: July 19th, 2022 2:59 PM Author: black set telephone See below for good step-by-step instructions from another poster.
With exodus, they are basically staking your sol with a validator, keeping a percentage and paying you the rest. They are just a middleman.
Cut out the middleman by using phantom/solflare and directly staking with the validators of your choosing.
For an explanation of liquid staking just look up a youtube video.
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Date: July 19th, 2022 3:00 PM Author: well-lubricated maroon skinny woman depressive Read my post below. Create a phantom wallet if you haven't already. Phantom is basically the key to the SOL experience that not only allows you to stake but lets you make transactions very easily (buying NFT, exchanging tokens on DEX, etc.). To figure out where to stake, check https://stakewiz.com/ and https://stakeview.app/ for best APY validators (APY diff is actually pretty big between the better and worse ones). (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877589) |
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Date: July 19th, 2022 3:01 PM Author: iridescent startled brunch To be fair,
TY, see below for my follow up. Appreciate your thoughts on this. |
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Date: July 19th, 2022 2:56 PM Author: well-lubricated maroon skinny woman depressive Create a phantom wallet (Google extension). This is the best SOL wallet and probably the best in all of crypto in UX.
For best security, get a cold wallet (ledger) to hold your SOL tokens and connect it to your phantom. Otherwise, if they are just on your phantom, your wallet could get drained if you click the wrong links. Having a ledger requires you to sign all transactions manually with a PIN, so it's safer.
You can do all the staking on Phantom. Click SOL in Phantom and click "Stake your SOL" which then should ask you to choose the validator that you want to delegate your tokens to. https://stakeview.app/ or https://stakewiz.com/ ranks the validators with the highest APY. I have my SOLs staked in Leapfrog and Cogent right now, which give ~6%. All of the validators are safe because you don't lose custody to your tokens and slashing (a mechanism that punishes misbehaving validators by taking away a certain % from rewards) is not yet implemented.
To get familiar with using SOL and its ecosystem, connect your Phantom wallet at places like ORCA (an exchange) and MagicEden (go-to NFT marketplace) and do some transactions. |
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Date: July 19th, 2022 2:59 PM Author: iridescent startled brunch To be fair,
This requires some greater degree of active monitoring and management though, correct? For example, if someone does this they should probably keep an eye out for slashing to be implemented, and once it is, they will need to keep an eye on their validators for reasons you articulated in your poast.
Not saying that's a bad thing or super onerous per se, but IIRC I'm getting ~4.5% on Exodus and I literally don't have to do or pay attention to a single thing once I stake there. So it probably depends on how big your stack is (~1.5% more on a 10k SOL stack is significant and clearly worth the hassle, ~1.5% more on a 150 SOL stack is a rounding error IMO and I wouldn't bother, the tipping point lies somewhere in the middle and may vary from person to person) and how prepared you are to monitor this shit moving forward. Or am I missing something else? |
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Date: July 19th, 2022 3:02 PM Author: well-lubricated maroon skinny woman depressive AFAIK slashing won't be here for a while and even if it's implemented, the punishment shouldn't be that big anyway (I think the punishment is on the rewards, not your actual SOL stack). The extra APY is prob well worth the "risk" if you can call it that cuz 6.1% > 4.5% is a lot
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Date: July 19th, 2022 3:02 PM Author: iridescent startled brunch To be fair,
You've given me something to think about, ty. |
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Date: July 19th, 2022 3:04 PM Author: magenta associate institution it requires no greater effort or monitoring than staking through exodus. once staked, you can check on your rewards through phantom with like 1 click.
Easiest way to get your rewards is probably liquid staking. only concern there is that converting from native sol to staked sol might be considered a taxable event triggering gain recognition. Also, it's a second protocol layer so it carries some more risk, though marinade has been audited and i believe is endorsed by the sol team.
hth :) |
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Date: July 19th, 2022 3:57 PM Author: Thriller meetinghouse weed whacker 180 thx.
I was reading through the Sol ---> Marinade ---> msol ----> Tulip/whatever for the extra % or so earlier. Shit's way above my head. |
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Date: July 19th, 2022 11:27 PM Author: magenta associate institution It just sounds complicated. Defi is all a big ponzi circle jerk. I have no idea what yields are like right now, but I assure you, it's not too complicated for you. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44880155) |
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Date: July 20th, 2022 4:32 PM Author: Thriller meetinghouse weed whacker Moved my stake to a phantom wallet per poaster above and copping 6.5% from some top rated thing lol (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44883703) |
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Date: July 20th, 2022 4:38 PM Author: magenta associate institution 180 (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44883738) |
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Date: July 19th, 2022 3:54 PM Author: Thriller meetinghouse weed whacker 180 thx (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44877938) |
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Date: July 19th, 2022 10:19 PM Author: Floppy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44879885) |
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Date: July 20th, 2022 4:39 PM Author: Floppy Nursing Home Is your SOL locked in any way? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44883756) |
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Date: July 20th, 2022 6:03 PM Author: magenta associate institution When it's staked it takes a couple days to unstake and withdraw. Thus is true if you use exodus or stake directly using phantom/solflare.
One of the benefits of liquid staking like msol, you can pay a fee and immediately unstake and redeem your sol or just sell the msol on a decentralized exchange. |
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Date: July 20th, 2022 4:30 PM Author: Thriller meetinghouse weed whacker At 400 sol and climbing. Prob buy to 1000 sol. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44883692) |
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Date: July 20th, 2022 4:32 PM Author: magenta associate institution (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44883702) |
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Date: November 9th, 2022 12:18 PM Author: khaki mad cow disease (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#45464968) |
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Date: November 9th, 2022 12:35 PM Author: domesticated home hominid (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#45465129) |
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Date: November 9th, 2022 1:23 PM Author: Nighttime casino old irish cottage Jesus christ lmao (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#45465445) |
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Date: November 9th, 2022 1:25 PM Author: Passionate temple doctorate (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#45465462) |
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Date: November 15th, 2023 7:24 PM Author: peach market kitty cat tip still held up after the ftx fiasco (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060770) |
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Date: November 15th, 2023 7:28 PM Author: iridescent startled brunch (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060789) |
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Date: November 15th, 2023 7:31 PM Author: Unhinged garrison thoughts on tia? (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060818) |
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Date: November 15th, 2023 7:34 PM Author: bipolar locus headpube SOL is the best for short term gains, but LINK is so much better of a long term hold than SOL it’s not even funny. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060835) |
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Date: November 15th, 2023 7:35 PM Author: iridescent startled brunch To be fair,
Sincere Q from a longtime fellow cryptobro (who holds both of these gems):
What is your price projection for both in ~1 year, ~5 years, and ~10 years, and why? |
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Date: November 15th, 2023 7:51 PM Author: bipolar locus headpube I think SOL can get to $1000 in the next five years, I really have no clue where it goes past that. I am agnostic regarding whether it’s some FTX scamcoin or not. By my understanding it’s far faster than ETH and cheaper. I hold some. I earnestly believe LINK gets to many multiple thousands by 2030. There is clear (lofty) goal Sergey is trying to accomplish with full institutional adoption, and the Chainlink team is one of the few projects that is consistently creating new milestones. If LINK does become the link between blockchains, it will be the most successful project in the crypto space.
I think making 1 year prediction is pointless since it tends to fluctuate, but at any rate: 1 year: SOL $300, LINK $100 5 year: SOL $1000, LINK $450 10 year: SOL ? (But likely not substantially higher than $3000), LINK $7000 or higher
10 year price jump occurs only after full institutional adoption. |
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Date: November 15th, 2023 7:53 PM Author: iridescent startled brunch To be fair,
None of this sounds crazy to me, ty. |
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Date: November 15th, 2023 8:15 PM Author: pearl swollen trailer park goal in life What's unique about SOL?
SOL owner here |
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Date: November 15th, 2023 8:18 PM Author: bipolar locus headpube Faster than Etherium + lower gas fees. Its only big drawback is constant network outages. It hasn’t had a big outage in the past year admittedly, but volume has also been much lower. (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47060977) |
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Date: December 21st, 2023 2:47 PM Author: Sinister box office (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#47198314) |
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Date: January 22nd, 2025 7:18 PM Author: exhilarant glassy center azn (http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#48579529) |