Crypto SOL did any of you guys get on it?

Discussion in 'Other Asset Classes' started by Dan Donoghue, 9th Nov, 2021.

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  1. Monopoly Man in Top Hat

    Monopoly Man in Top Hat Well-Known Member

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    I've also found AVAX very user friendly and efficient, it seems to have good potential.

    BNB and DOT seem worth holding too.
     
  2. codeninja

    codeninja Well-Known Member

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    OP I am curious. did you take some profits during ATH?
     
  3. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Yes I did, I sold at $200 around the FTX crash (ATH was around $335 so I was far from perfect on that timing), I did have an auto buy set up when it hit $15 in Nov 2022. I then sold these a bit later at $35. I am waiting for Q4 before I buy in again. Hoping for lower lows.
     
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  4. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Well I don't know what happened but I missed this pump, Watched it go over $100 as I waited for it to hit $15 again!!!!.
     
  5. Gmfren

    Gmfren Well-Known Member

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    I don’t think you missed anything and doesn’t matter what it is anyway. Anything and everything that hasn’t pumped are pumping or next one to pump. I simply can’t see anything that hasn’t pumped over 30% in last 30 days. Good luck
     
  6. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Thanks, I'm still quite top heavy in the Moonie Moo NFT's. They have doubled in ETH value over the last few weeks but then ETH has gone up too so it's like a double whammy :).

    I have have limited exposure to tokens at the moment due to this but will start pushing into tokens around XMas.
     
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  7. codeninja

    codeninja Well-Known Member

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    I got sol around $22 and avax around $20. I am happy with sol. I am confident that avax will catch-up soon
     
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  8. DanW

    DanW Well-Known Member

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    Hope you held onto tightly to that SOL (and avax) and didn't take too much profits yet?

    Last cycle I loved using Solana DEFI, this time I was a little late and didn't buy until $44. Then I started using Jupiter and farming airdrops etc it reminded me how nice an experience it is with Phantom wallet so I bought more. Christmas was great ;)

    Not really a fan of the SOL vs ETH twitter wars though, happy to have both for 2024.
     
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  9. bookworm

    bookworm Well-Known Member

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    Cashed out between $200 and $230 last cycle but didn't buy back into SOL. Still holding a decent bag of rETH (Liquid Staked Eth - Rocket Pool), BTC and a bunch of Alts like InfinityBit which can do big X's easily.
     
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  10. codeninja

    codeninja Well-Known Member

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    Still holding tightly. Not going to drop anytime soon.
    Avax didn’t disappoint either. I only put 20k. Accumulating bitcoin when I get a chance.
    I have eth and xrp in my list to start looking into. Pretty much moved away from both properties and ETFs temporarily now. Will take some profits later to move to ETFs.
     
  11. Gmfren

    Gmfren Well-Known Member

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    Crypto cycle will go on until end of 2025. Plenty more to go- in fact we will be in bull market post bitcoin halving. Good luck
     
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  12. codeninja

    codeninja Well-Known Member

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    Looks like SOL is down 16% in weekly candles. I am thinking about topping up a little. Bought some XRT and my first Eth yesterday.
     
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  13. The_good_life

    The_good_life Well-Known Member

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    What platformdo you guys use to buy your crypto or would you recommend?
     
  14. Gmfren

    Gmfren Well-Known Member

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    Kraken mainly as it allows AUD deposits ( cheapest trading fees that allows Aud deposits - from what I can see) for BTC and Eth.
    Binance and dex’es for trading.
     
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  15. codeninja

    codeninja Well-Known Member

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    I miss Binance a lot. Now a days using coinspot to buy usdt and moving it to binance for further trades.
     
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  16. codeninja

    codeninja Well-Known Member

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    I want to evaluate kraken. Hope they have pay id integration
     
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  17. Gmfren

    Gmfren Well-Known Member

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    They have payid. Once you register and kyc you will see the option after 24 hrs. CoinSpot is biggest ripoff exchange in Australia. Not really an exchange you actually buy from / sell to them.
     
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  18. tk421

    tk421 Well-Known Member

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    binance was easy onboard for aud then binance get told they can't do that or Binance say its too expensive?? ie, aud regulators block it, something like that, then a few weeks later Coinspot turn up, Aus company that allows aud to tether onbording for a fee of what? 1-2% .. very convenient! wonder who owns Coinspot.. they certainly got given a free ride in!

    i had to use coinspot on my last moon coin , was spitting chips at the fees, then they call me on my phone asking questions, very nice lady but a bit forward to be asking questions like that! i have kraken but will try out their kyc for sure now.
     
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  19. Sgav

    Sgav Well-Known Member

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    Make sure to use Kraken Pro (Free) as it has better spreads from what I recall.
     
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  20. Gmfren

    Gmfren Well-Known Member

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    Kraken pro is a must.