Re: Hey whales - I need a hot tip on a coin or pump-n-dump.
Over the years I've been into crypto, since early 2013, I've noticed that I have a knack for buying or selling just a couple days too soon or too late. And it happened again here.
I'd been HODLing Helium HNT for years. I got into Helium mining back in '21, and after getting 10 hotspots up and running and mining and holding my coins, plus buying some more coins when prices were low, I had a few thousand HNT. When prices finally popped early this year, I sold all my HNT around $5, and the little bits of a few other crapcoins, like Cardano, Polygon, etc. I had a solid $17,400 in CASH in my trading account. In order to get the HNT, I spent around $7000 on Helium mining hotspots, as well as paying people at a couple houses $50 per month to have my hotspots there to cover the area and earn lots of coins off the hotspots, because that's how Helium works. Do your own research on that, the hotspots are nearly useless now. For the last year+, they were only mining IOT, which I'd swap to HNT in my phone app and sent to my exchange account.
Then, after I sold my HNT at $5.... it went up. $6, $7, $8, almost to $11. I was distressed, to say the least, if I'd held it a week or 2 longer it would have been very profitable.
So then began a cycle of prices ups and down in HNT. Up to 8, down to 6, up to 9, down to 7, up to 8, down to 6, etc.
This when on for a couple months. Finally one day it dropped to $5.30 and them popped to about $6.50. I missed buying in at $5.30 by a couple hours because I'd left the house. So I said OKAY, next time it dips to $5.30, I'm IN!!!!
So a day or 2 later, if dropped to $5.30, I went all in, and...... It dipped to $4.
I said many bad words. Then it rose to $5.20. Well, I can't sell now to get out, because that would be a loss, and I don't do losses. And with my luck, it'll pop way back up after I sell.
Thus began a 3 month cycle up ups and downs, mostly down. A few times it rose to the mid $5's, and I was thinking "Mmmmm, I need $6.40 to sell, so I can have an even $20,000 in my account after exchange fees.
Finally, HNT rose to the mid $5's, enough for my to take about 1500 of my 3200 HNT coins and sell them and use the cash to buy something I'd been planning on getting.
Then the early August jobs and inflation reports came in, and dipped the whole market down, Ethereum went down to $2200. Somehow, HNT recovered to around $4.70 pretty quickly, ahead of other coins. So I thought HEY! The move here is to use this temporary advantage in price differences to swap my HNT into the much more stable ETH, and let it ride, ETH is going to come back up, it is almost guaranteed profits!
So I swapped my 1700 remaining HNT into ETH, along with half an ETH I bought for $1100 in cash, so I now had 3.6 ETH purchased at around $2500 per ETH. HNT was at $4.70 or so.
Since then, in the last week, ETH went ot $2700 and back down a little. HNT went to $5, then $6, then up and down a bit,, and now I jsut checked and it is at $ 7.93!
If I had done nothing, and just left my HNT alone, and not used my brains to figure things out and manipulate the market for better profits, I'd have (1700 X 7.93) = $13,481 in my account now.
Fuck my life.
I'd been HODLing Helium HNT for years. I got into Helium mining back in '21, and after getting 10 hotspots up and running and mining and holding my coins, plus buying some more coins when prices were low, I had a few thousand HNT. When prices finally popped early this year, I sold all my HNT around $5, and the little bits of a few other crapcoins, like Cardano, Polygon, etc. I had a solid $17,400 in CASH in my trading account. In order to get the HNT, I spent around $7000 on Helium mining hotspots, as well as paying people at a couple houses $50 per month to have my hotspots there to cover the area and earn lots of coins off the hotspots, because that's how Helium works. Do your own research on that, the hotspots are nearly useless now. For the last year+, they were only mining IOT, which I'd swap to HNT in my phone app and sent to my exchange account.
Then, after I sold my HNT at $5.... it went up. $6, $7, $8, almost to $11. I was distressed, to say the least, if I'd held it a week or 2 longer it would have been very profitable.
So then began a cycle of prices ups and down in HNT. Up to 8, down to 6, up to 9, down to 7, up to 8, down to 6, etc.
This when on for a couple months. Finally one day it dropped to $5.30 and them popped to about $6.50. I missed buying in at $5.30 by a couple hours because I'd left the house. So I said OKAY, next time it dips to $5.30, I'm IN!!!!
So a day or 2 later, if dropped to $5.30, I went all in, and...... It dipped to $4.
I said many bad words. Then it rose to $5.20. Well, I can't sell now to get out, because that would be a loss, and I don't do losses. And with my luck, it'll pop way back up after I sell.
Thus began a 3 month cycle up ups and downs, mostly down. A few times it rose to the mid $5's, and I was thinking "Mmmmm, I need $6.40 to sell, so I can have an even $20,000 in my account after exchange fees.
Finally, HNT rose to the mid $5's, enough for my to take about 1500 of my 3200 HNT coins and sell them and use the cash to buy something I'd been planning on getting.
Then the early August jobs and inflation reports came in, and dipped the whole market down, Ethereum went down to $2200. Somehow, HNT recovered to around $4.70 pretty quickly, ahead of other coins. So I thought HEY! The move here is to use this temporary advantage in price differences to swap my HNT into the much more stable ETH, and let it ride, ETH is going to come back up, it is almost guaranteed profits!
So I swapped my 1700 remaining HNT into ETH, along with half an ETH I bought for $1100 in cash, so I now had 3.6 ETH purchased at around $2500 per ETH. HNT was at $4.70 or so.
Since then, in the last week, ETH went ot $2700 and back down a little. HNT went to $5, then $6, then up and down a bit,, and now I jsut checked and it is at $ 7.93!
If I had done nothing, and just left my HNT alone, and not used my brains to figure things out and manipulate the market for better profits, I'd have (1700 X 7.93) = $13,481 in my account now.
Fuck my life.