Crypto private offerings

[theprophe]

Hi, so i trade the usual markets, but have been watching crypto not knowing much.After seeing countless times crypto tokens going over 10x,50x, even 100x i had to take a look.I went from trading bitcoin,etherium, to trading smaller stuff like solana,matic, then i found alt coins!

Remember how crazy IPO's were back in the late 90's, thats whats happening now. There are these launchpads, like seedify,polkastarter,safelaunch, and many many more. They allow you to buy in at private prices or before the token go public. These are the one that can go 100x from your price. The only thing that sucks with launchers is you have to buy the launchers token, to get allocation or a chance to win a lottery. This can be many $1000 dollars to get a shot. For instance seedify has guaranteed allocation, for $1000 of seedify token, you got an allocation of $5 of cyptomeda,of course it went up alot like 10x or something, but still.

Which brings me to pools, like OIG or PlanktonSnowCapital, these places, you dont have to hold tokens, they just take a percentage of your investment, i think around 15-20%. So all of your capital can go towards the private purchase of tokens instead of buying the tokens of launchers.Like go to PlanktonSnowCapital webpage and they have a chart showing you what they have brought out, a 5k investment a couple months ago is now 35k or something.

No matter which way you go, launchers or pools, you have to take advatage of this time of the market, which only comes around in a generation.I never thought i would see the bubble of the late 90's again, this time im going to take full advantage of it!

I have a bunch invested with PlanktonSnowCapital, that is listing late september, ill comeback then and let you know how i did BloxMove,Defina,Cryptoblades kingdom,Rocosoft,Orion Money, and Privi.

 

[mat200]

Hi, so i trade the usual markets, but have been watching crypto not knowing much.After seeing countless times crypto tokens going over 10x,50x, even 100x i had to take a look.I went from trading bitcoin,etherium, to trading smaller stuff like solana,matic, then i found alt coins!

Remember how crazy IPO's were back in the late 90's, thats whats happening now. There are these launchpads, like seedify,polkastarter,safelaunch, and many many more. They allow you to buy in at private prices or before the token go public. These are the one that can go 100x from your price. The only thing that sucks with launchers is you have to buy the launchers token, to get allocation or a chance to win a lottery. This can be many $1000 dollars to get a shot. For instance seedify has guaranteed allocation, for $1000 of seedify token, you got an allocation of $5 of cyptomeda,of course it went up alot like 10x or something, but still.

Which brings me to pools, like OIG or PlanktonSnowCapital, these places, you dont have to hold tokens, they just take a percentage of your investment, i think around 15-20%. So all of your capital can go towards the private purchase of tokens instead of buying the tokens of launchers.Like go to PlanktonSnowCapital webpage and they have a chart showing you what they have brought out, a 5k investment a couple months ago is now 35k or something.

No matter which way you go, launchers or pools, you have to take advatage of this time of the market, which only comes around in a generation.I never thought i would see the bubble of the late 90's again, this time im going to take full advantage of it!

I have a bunch invested with PlanktonSnowCapital, that is listing late september, ill comeback then and let you know how i did BloxMove,Defina,Cryptoblades kingdom,Rocosoft,Orion Money, and Privi.

indeed reminds me of the dot-com bubble .. crash will hurt once the party is done

 

[theprophe]

oh yes, wont be pretty, the people who lost it all the last time, kept buying dips, until it didnt work anymore

 

[Shayalex]

Exactly. While most traders keep their eyes on Bitcoins and Ethereum, smaller coins could grant much higher profits (or make you broke in a few minutes, haha). Do you remember the story with Squid coin? This one was created after the Netflix series, and the hype was so high, the coin got raised 3000% in a few days until it became worthless. Someone got insane profits out of it. As for me, I gave up crypto trading. I just use bitcoins via the safety tool mycryptomixer.com for my purchases on the web. Cryptomarket nowadays is like a casino.

 

[SamM]

The real money is in shorting the stocks

 

[redpoint5]

Timing the inevitable crash is the trick. What indicators does one use to get the timing right?

Bitcoin is worthless, the market just hasn’t priced that in yet. Of course I wish I’d have put hundreds in when it was selling for $0.50, but I’d have probably sold at $1. There’s just no way to time these irrational so-called currencies.

I’ve got half a Ethereum from mining on hardware that was given to me and from extra electricity from subsidized solar. It too is worthless, but I’ll sell half of everything I mine to cost average the gains/losses.

EDIT: I'll say that I expect some digital currency to become viable as an actual currency someday, but it will be backed by the government. Schemes like Bitcoin that make transactions too expensive to "hack" aren't reasonable uses of hardware and electricity.

The Digiconomist's Bitcoin Energy Consumption Index estimated that one Bitcoin transaction takes 1,544 kWh to complete, or the equivalent of approximately 53 days of power for the average US household.

To put that into money terms, the average cost per kWh in the US is 13 cents. That means a Bitcoin transaction would generate more than $200 in energy bills.

Bitcoin mining used more energy than Argentina, according to an analysis from Cambridge University in February. At 121.36 terawatt-hours, crypto mining would be in the top 30 of countries based on energy consumption.

Here's how much electricity it takes to mine Bitcoin and why people are worried.

 

[sandrahof]

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