r/CryptoCurrency • u/AutoModerator • Jul 16 '21

OFFICIAL Daily Discussion - July 16, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

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10

u/Dupe5s 🟩 14 / 3K 🦐 Jul 16 '21

My average for ETH is 3k, thinking that we're going straight up to 10k when we're at 4k.

Now I have no fiat to average down

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Guess I have a red nose🤡

2

u/maolyx 26K / 27K 🦈 Jul 16 '21

Maybe stake to earn some passive income and sort of average the cost down?

2

u/Ukrann 🟩 7 / 5K 🦐 Jul 16 '21

No my friend you have blue hands,diamond blue hands!!!

1

u/Supercito123 52 / 3K 🦐 Jul 16 '21

That's my average price too, tomorrow is my payday and this prices are a nice way to make my ETH bag bigger little by little

1

u/thinkingcoin 🟦 751 / 752 🦑 Jul 16 '21

My condolences. You listened to Reddit fervor and paid the price. When the few people were shouting ETH growth was not sustainable at this rate and will return to sub 2000 for more organic growth with releases rather than hype, they were drawn out by the majority here and downvoted to hell. Everyone was euphoric when ADA broke 2 bux and ETH soared to 4.2K.

It's true what they say... Sell on the news, buy on the fear.

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So I guess now really would not be the most bad time to buy!