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  • LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

BTC and ETH are boring, but they're the sure bets, at least medium term. In reality though, many others like MATIC do what Ethereum does but way better and when it all settles out into Internet 3.0, I doubt ETH will win. It's just the grandfather of smart contracts. Bitcoin is a dinosaur and is only anything anymore because of name recognition from being the first.

MATIC is the real shit, though.

deficiT said:
Have recently gotten back into the game a little bit, beyond what I already am stacking in my IRA and automated Stash portfolio.

Automated five bucks a week and putting a little bit into Vym, vglt, ousa, sret, vti, igov, and some Ethereum as well.

Anyone have any other suggestions for stuff I should look into? I used to be way more involved in it, had at least a grand invested that I had earned a bunch on, but had to spend it when I went through my divorce.
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Never heard of any of those besides Ethereum. I'm looking at Near, MATIC, SOL, ATOM, and I really like VRA, it's a microcap with a solid working functionality behind it (video streaming that cuts out the middle man), and a wallet where you can stake for ~18% APY. Only $50M market cap. Its previous all time high is like 25x what it is now. I predict next bull run it's gonna make me a LOT of money.

I have started taking my portfolio off the exchanges and into private wallets and staking it. Lots of coins can be staked for 10-18% APY. And it also prevents you from reacting to the market in panic and selling, re-buying, etc. It's taken me 5 years in crypto to actually not continually make stupid mistakes because of the extreme volatility and panic/FOMO

Electrum1 said:
Welp, guess it wasn't the crypto bottom that I bought yesterday
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Nope! I predict a year or even two of it hovering at whatever the bottom is (which will be soon), while one by one, all the moonboys will say crypto is dead/a scam. Once no one is talking about it anymore, there will be another wave. I hope it's 2 years, it'll give me time to accumulate massive bags at dirt cheap and catch some 10x/20x/50x gains.

BUT, most projects won't recover. Just the ones with utility and an actual project behind them. Every wave, most of them fizzle out, and the gainers are the solid ones like MATIC, and whatever new projects pop up and are hot for a minute.

Electrum1 said:
I wish. If I don't just cut my losses then I'll probably double or triple down around 10k if it gets there
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I am predicting 12-13k bottom. But who knows? It'll touch lower than that, but I think that's where it'll settle.
 
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:rockon:
 
Hopefully my patience pays off with MDGL and they put out phase 3 NASH data soon that meets both primary endpoints and the stock goes to 500 or something. It went to 300 in 2018 on phase 2 data
 
@Xorkoth you think solana is good? I think they're toast...too similar to Luna for my liking


im liking that the Bitcoin dominance has been weakened - altcoins are doing good - BTC not so much
 
Mr. Krinkle said:
@Xorkoth you think solana is good? I think they're toast...too similar to Luna for my liking


im liking that the Bitcoin dominance has been weakened - altcoins are doing good - BTC not so much
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Yeah Solana is a great project. The only reason they're down so fast is because FTX was their largest holder and the dude sold off everything to try to pay off debts. Has nothing to do with Solana itself. I picked up 20 this morning at $16.
 
Mr. Krinkle said:
i think that's a good thing - it'll legitimize it and make it go more mainstream





yup - Solana's toast
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People are changing their minds when it stopped plunging down and bounced up, from what my friend who follows crypto like no one I've ever met says. He stays tapped into the social media crypto scene. Either way, it's nothing like LUNA, which failed because of an out of control sell-off where the USD pegged token couldn't remain solventand it caused more to get printed, to the point that overnight there were 10,000 times as many LUNA tokens. Nothing like that is going on with SOL, it just had its primary "shareholder" sell off his/their supply due to the FTX fiasco. Even if SOL goes down a lot further, it's still a great L1 blockchain that has a vibrant ecosystem and tons of projects built on it. I am pretty sure it will recover just fine. In fact I hope it goes down more, I'll buy more even cheaper next paycheck if it does.
 
That Sam Bankman Fried guy is worth zero now. He even lost his investment in Robinhood stock. $16B to $0 in under a week
 
I always think I can't hate Tom Brady more, but then he made me lose one week in FF at the last second, and now this

 
Some sort of spill over. Idk the details but I assume they were connected with loans that are now not able to be paid back or something, otherwise I can't even guess why
 
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