JazzyHamster
JazzyHamster

YOLO in Crypto

Starting today and through 2024, I'll post a weekly update of my crypto adventure. Let's see how it goes.

21-12-2023 Update ๐Ÿ‘‡

Dropped $400 in LTC today, the bags of other coins I bought last week.

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17mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SquishyQuokka
SquishyQuokka
Gojek17mo

To anyone who is reading: We are so back. Because crypto bros are now LIVE on Grapevine.

How do you make money on trading this? Price Action? Because there are 0 fundamentals to evaluate.

JazzyHamster
JazzyHamster

Cryptos mostly about narratives, keep your ear close to the action and yolo.

BouncyQuokka
BouncyQuokka
EXL17mo

Crypto bros lack patience. They hate the idea of boring fundamentals of investing. If you argue them on fundamentals, you would be tagged as boomer.
Ek baar 2008 yaad karwa do inhe

ZippyDumpling
ZippyDumpling
Myntra17mo

Which platform are you using ?

JazzyHamster
JazzyHamster

Trading on Binance and Uniswap. Tracking portfolio on CMC.

ZippyDumpling
ZippyDumpling
Myntra17mo

Thanks

Bro donโ€™t use CEX if you were staking would have been eligible for TIA airdrop

Rest all due respect portfolio is trash. Update post new years nuke

JazzyHamster
JazzyHamster

Would love to participate in airdrops but I have no patience or time atm, maybe next quarter ๐Ÿ˜…๐Ÿฅฒ

WobblyPancake
WobblyPancake
Meta17mo

Yoloed in 2021, didn't exit, portfolio at 50% loss now. Good luck to you.

JazzyHamster
JazzyHamster

Not having much expectations from this portfolio, just doing it for the lols. Go big or go bust.

WobblyPancake
WobblyPancake
Meta17mo

Send it to me, will give you bigger lols. Best of santa banta jokes at your service

WigglyBanana
WigglyBanana

What made you start this? Why now suddenly

Get us excited about Crypto too ๐Ÿ˜Œ

JazzyHamster
JazzyHamster

Crypto has been on the uptick for past 6 months. Also, Bitcoin halving is <4 months away and talks of listing Bitcoin ETFs on US stock markets are getting hotter.

DancingHamster
DancingHamster

Every 6months, some youtuber/finfluencer would come on and say that this time itโ€™s different and crypto is gonna go โ€˜to the moonโ€™ Moon ka toh pata nei, but patal lok jarur jaoge

DizzyPotato
DizzyPotato
Dunzo17mo

Fck now that is some good fcking money.

JazzyHamster
JazzyHamster

Hope it becomes great f*cking money ๐Ÿค‘

FluffyNugget
FluffyNugget
Plivo17mo

Is it easy to convert this to real money ๐Ÿค”?

JazzyHamster
JazzyHamster

P2P is the way to go, but you gotta pay 30% tax as well to govt. You could use a regulated exchange like CoinSwitch or CoinDCX if you wanna easy transfer of funds.

SqueakySushi
SqueakySushi

Since you're trading on Binance, What about TDS? Are u accounting for that and paying it or ignoring it?

SillyJellybean
SillyJellybean

If you're the same guy who does this every year and posts it on Twitter reddit etc, you have no idea how much money you've lost because you never calculated opportunity cost. Aping into random shitcoin bags is the worst possible strategy anyone could ever use.

If you're not the same guy, go search the one I'm talking about and stop doing what you're doing once you realise his true opportunity cost over the past 2 years or so.

JazzyHamster
JazzyHamster

First time doing this ๐Ÿฅฒ but I'm aware of the type of posts you speak of and the risks associated.

SillyJellybean
SillyJellybean

Great, then buy 4-5 coins, put them in cold storage and forget about them until they 2x or 3x. At least 60-70% should be Bitcoin only. Rest can be eth sol link etc whatever you think can provide actual utility in the next 5 years or so.

SwirlyPenguin
SwirlyPenguin

some noob questions:

  1. How to get started in investing in crypto, like what resources did you use to get started.
  2. What platforms are best
  3. How can we exit when we have made considerable gains.
GigglyBanana
GigglyBanana

Bold of you to assume #3 already haha

GigglyBanana
GigglyBanana
  1. I follow crypto youtubers like Benjamin Cowen, altcoin daily
  2. Binance is largest and safest
  3. You can Dollar cost average (DCA) into market and then DCA out once you think you've made your gains. Be careful crypto trades 24/7 and moves quickly, so plan entry exits well
JumpyDonut
JumpyDonut

Buy INJ FET MINA

JazzyHamster
JazzyHamster

Ok ser, will check em out. Kuch shitcoins bhi suggest kele ahaha.

JumpyDonut
JumpyDonut

I am in crypto from 2021 I can suggest you better coins

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Here's the 28-12-2023 Update ๐Ÿ‘‡

๐Ÿ‘‰ Portfolio grew by +8.88% ๐Ÿ‘‰ Total profit sits at $135.33

Link to the previous upda...

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