/r/CryptoMarkets

Photograph via snooOG

A community for news and discussion about cryptocurrency finance.

Discord / Live Discussion

CryptoCurrency Discord

Introduction


Welcome to r/CryptoMarkets! This subreddit is for discussing all crypto denominated markets.. Topics can range from exchanges, to technical analysis, to fundamental analysis. If you have any questions, comments, or would like to contribute to the development of the community in some way, please message the moderators.

Are you new to cryptocurrency markets? Here are some links to get you started.

Rules | Policies | RSS Feed | Latest Comments | /r/CryptoCurrency | /r/CryptoTrade | r/CryptoCurrencyMemes |

Tools

  1. Flair Filters

  • Market Tools and Data

  • Related Links

    1. Affiliated Subreddits

  • Other cryptocurrency subreddits

  • Other trading subreddits

  • Cryptocurrency Exchanges

  • News

  • /r/CryptoMarkets

    1,685,139 Subscribers

    1

    Recommendations for a wallet and investment strategy

    Hi all,

    I have been thinking of investing into different cryptocurrencies for some time now, and I am ready to pull the trigger. This is my first time ever of buying any crypto, and I am thinking of buying 2000-3000$ worth of different currencies via Binance.

    Out of that money, I am thinking of putting 50% into Bitcoin, collectively 35-40% into Ethereum and Solana, and the rest 10-15% into other alt coins. There are a couple of things I am stuck on.

    1)Which hardware wallet should I buy, thinking of trezor at the moment? 2)Is the investment amount wise for a first-timer?

    Any other pointers are also welcomed. Thanks a lot in advance for your help.

    1 Comment
    2024/11/10
    16:19 UTC

    1

    What is your trading strategy during this massive pumping time

    I am a noob and dont know how to profit off this crazy pump thats happening right now what are yalls strategy to profit off the markets in a time like this

    (NOTE: Im used to just trading resistance but obviously right now I dont see how its a good idea)

    2 Comments
    2024/11/10
    16:12 UTC

    1

    For the first time in 3.5 years my crypto is peaking. Why?

    In 2021 I bought a little through Kraken and PayPal. Right now is the first time I could take gains.

    What caused this?

    1 Comment
    2024/11/10
    15:33 UTC

    0

    Noob question. Honestly how much did Trump win impact crypto market ..

    I'm just curious because it seems like it affected it quite a bit. I was wondering if it had more to do with SEC inflation adjustment or are there more cascading issues that's affecting the market right now... Thoughts/comments?

    9 Comments
    2024/11/10
    15:31 UTC

    1

    Is a left translated circle out of the question?

    I can understand the optimism at the moment. We had a good week and all. But what if 2024 is all we get and a recession or something comes in 2025? Is the possibility for a left translated circle out of the question?

    2 Comments
    2024/11/10
    15:28 UTC

    1

    Why in God's green Earth would you buy in at ATH?

    Not Financial Advice, but why are you guys buying in now of all time when BTC is crossing All Time highs? Where were you since? Plus there's hype now. Getting 2021 deja vu.

    I'm seeing tweets about Bitcoin from people that didn't even know web3 existed. New people are trying to get in. If there's anything I've learned from my four years in this space, it's that this is the best time to sit and watch.

    Like I said earlier, NOT FINANCIAL ADVICE!

    0 Comments
    2024/11/10
    14:08 UTC

    11

    The whole world buying crypto right now!

    I can't focus.

    Too much to do.

    Too many coins pumping.

    I simultaneously miss and hate this feeling.

    10 Comments
    2024/11/10
    13:54 UTC

    0

    Bitcoin Hits New All-Time High After Trump Re-Election

    0 Comments
    2024/11/10
    13:20 UTC

    1

    Advice on whether to HODL or Trade?

    As the title says, looking for a bit of advice on my current portfolio. Started investing late last year, modestly (less than 5k) and I have a varied portfolio consisting of BTC, CRO, NEAR, SOL, DOGE, LTC, CAW, OPEN, OCEAN and ORCA. Currently find myself about 10% down as of the current pump post election (was prior about 30%). So which ones does everyone think I should HODL and which ones to trade/dump?

    0 Comments
    2024/11/10
    12:40 UTC

    3

    Anyone buying reddit RCPs?

    I've been looking at a few of them but three really are standing out for me. Moons from r/cryptocurrency it looks like they have a deflationary token and a massive sub along with kraken and cro listings. So I've brought some.

    Bitcone from r/coneheads they are the first polygon type of token and it seems like a growing community.

    Finally bruh from r/thenewsbruh they seem to have an exciting and different project. Again they're deflationary it seems with regular burns and a very low mcap which could explode with even a few buys..

    Anyone else buying anything else or what's your thoughts.

    7 Comments
    2024/11/10
    12:49 UTC

    0

    Taxes

    How do you not get screwed on taxes? Dead serious question. Looking to avoid paying as much as I can. Stupid fucking feds take enough from us already.

    4 Comments
    2024/11/10
    12:41 UTC

    1

    Ada pumping 80% this week?

    Having been an ex holder of Cardano over the years, I’m not a true disbelief for what to make of the most recent pump over the past couple days. I’m curious perspective and opinion whether a retracement is in the cards or not? Anytime I’ve seen this happen in the market. It’s always followed by a sharp decline in search of support. I’m curious why Cardano, SUI and a couple others are seeing climbs by 30% while the rest of the market is moving a lot slower

    Is it correction for these alts that are pumping like crazy?

    6 Comments
    2024/11/10
    12:28 UTC

    1

    Daily Discussion Megathread - November 10, 2024 (GMT+0)

    This post contains content not supported on old Reddit. Click here to view the full post

    1 Comment
    2024/11/10
    12:00 UTC

    0

    Is it worth holding bitcoin for this bull run?

    For context, I don’t have huge amounts invested and it’s an amount that won’t hurt me if I lose it all. I currently have 40% of my portfolio in bitcoin, 20% in eth, 20% in sol and the rest in other smaller cap alts. But I’m thinking that at best my portfolio will maybe 3x (which would still be great but as I said it won’t hurt me losing it all so I kinda wanna gamble a bit more) If I want to try get bigger gains is it worth selling bitcoin for something else? I’m thinking maybe SOL or SUI or some other promising alt coins. Thanks

    26 Comments
    2024/11/10
    11:24 UTC

    0

    Just invested in Crypto advice needed

    Hi I just invested into Crypto 3 days ago. I put in $1000 into XRP, DOGE, SHIBA, and $2000 into ETH. Are those smart investments to make some profits?

    34 Comments
    2024/11/10
    11:00 UTC

    2

    Cup & handle formation points to potential 100K target

    Bitcoin had a significant week driven by both technical and fundamental factors:

    Technical Analysis:

    • Price broke above a downtrend channel that had persisted since March 2024
    • A cup and handle pattern has formed on the charts, historically a bullish indicator
    • Key level to watch: $73,800 on Sunday's close could confirm the breakout
    • Initial price target: $80,000
    • Secondary target: $100,000+ after potential consolidation at $80,000

    Fundamental Drivers:

    • Strong capital inflows into Bitcoin ETFs reaching multiple billions of dollars
    • Political developments suggest a potentially more crypto-friendly environment ahead:
      • Incoming administration with reported openness to cryptocurrency
      • Potential for crypto-supportive SEC leadership changes
      • Senator Lummis's Bitcoin Act proposing bitcoin as a government reserve asset

    Disclaimer: This analysis is for educational purposes only. Please conduct independent research and evaluate your risk tolerance before making investment decisions

    Weekly Bitcoin chart

    0 Comments
    2024/11/10
    02:07 UTC

    0

    Thinking of jumping back in

    Hey guys. Been around this space since 2014. Held a large number of tokens but didn’t have the guts / balls to see anyone to the moon and back!

    I did at one point have over £1.1 million but I didn’t know what to do with it so I left it there. Sadly, it crashed and burnt! But eventually I cashed it out and paid the tax on it. Glad I did and I’m now wiser.

    With the recent news and growing fever I’m feeling ready to invest again, but the space isn’t what it used to be.

    Where do you go for your news? I’m thinking of trying to gamble with £100-£200 in low market cap alts in the hopefulness of finding a mooncoin.

    I’ve got a kraken account but kraken don’t seem to offer those ultra high risk tokens / asset classes

    9 Comments
    2024/11/10
    09:41 UTC

    5

    Should I take profits?

    Every time I regret for not taking profits when ADA is up. But, when should I take profits in this bull run now, or it's too early?

    32 Comments
    2024/11/10
    08:22 UTC

    0

    Getting Into Crypto

    Advice is welcome! I know a lot of people say to go into this expecting to lose and hoping to win but was wondering yalls advice and what to look into investing in right now

    18 Comments
    2024/11/10
    07:35 UTC

    3

    WTF is the pull back

    Seriously though where is the pull back? Most coins are 30%+ up in a week and still going and we haven't seen the slightest retracement.

    It's crazy because Google search trends aren't exactly rocketing... yet..

    And global M2 liquidity (money printer etc) has been retracting (though markets are forward looking and likely factoring in this violently reversing shortly)

    But like dang I want to add to my positions but hate doing so after and during runs like this.

    17 Comments
    2024/11/10
    05:19 UTC

    3

    Am I HODLing right?

    I've been hodling a few Etherium for a while now. It's started to run again, should I just keep the eth or should I swap it into something else? If you tell me to diversify please elaborate on which coins and why

    13 Comments
    2024/11/10
    04:26 UTC

    32

    I’m telling you the buzz is growing.

    I know the people in this community already knows. But this is going to blow I’ve seen this everywhere as of late.

    34 Comments
    2024/11/10
    02:15 UTC

    2

    Bad investing method?

    Totally new to crypto. I just want to hear and opinion from more experienced people. Would investing 20 bucks into BTC every 2 weeks be a bad idea?

    4 Comments
    2024/11/10
    01:52 UTC

    8

    First time

    I’m looking to invest in the crypto market now, since I’ve done stocks for about 2 years. I want to know what the best crypto symbols are. Thanks everyone!

    9 Comments
    2024/11/10
    01:40 UTC

    1

    Cash out my 401K to buy crypto?

    So I just switched jobs and have around $9,000 in my 401k retirement account I’m thinking of just cashing out and paying the penalty and buy crypto with it ($ETH $ADA $SOL). I’m already heavily invested in crypto and don’t want to miss out on potential gains.

    1 Comment
    2024/11/10
    00:21 UTC

    0

    ETH Bull Case vs Bear Case

    Hi Guys. I'm thinking SOL might flip ETH? I want to play devils advocate here. I just wanted to hear your opinions on a bull case for ETH as well as your bear case (or at least what you think is wrong and can be improved.) How does it affect L2 chains? Thanks!

    2 Comments
    2024/11/10
    00:38 UTC

    6

    Is ETC classic garbage?

    So I’ve had Ethereum Classic that I’ve been holding since 2019. I don’t have that much but I don’t think it has moved bunch.

    Would it still be a good idea to hold on to this? From the sentiments online there is too much supply and it’s still vulnerable to the 51%attack

    Is anyone long on this? Why?

    Should I sell?

    13 Comments
    2024/11/09
    22:53 UTC

    Back To Top