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Showing 10 of 10 results by Winderl
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Board Altcoin Discussion
Re: Crypto Cycle Survey
by
Winderl
on 04/06/2023, 07:23:08 UTC
Thank you for expressing your concern Tytanowy.  I don't have anyway to change the surveys.  I am paying just to be able to make the surveys.  I am not a technical person at all, and the service for which I am paying is all connected.  The marketing team will help me bring my idea to market if they are convinced there is a market for it based on my surveys.  The personal information comes directly to me and I am solely responsible for it.  And I have no desire to exploit it.  But I understand it is a barrier to people I don't know.  I even have some friends who are not comfortable filling it out for the same reasons.  And I make no judgement about that.  Do what your conscience tells you that you are comfortable with or not comfortable with.  Just ponder the questions in the survey for your own benefit if you don't want to fill it out.  Thank you my friend.
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Board Altcoin Discussion
Re: Should I Keep Buying Bitcoin Alone if I Have Limited Resources?
by
Winderl
on 04/06/2023, 07:03:38 UTC
Hi Issac, thanks for your response.  To answer your questions from Quote 37, I'm not going to reveal his name, because I have respect for him (he's a marine), and I'm not into maligning peoples names.  I'm part of his paid service myself.  It's pretty expensive, and no, he is not giving out any other strategies for investing in crypto period.  No other names, only accumulating Bitcoin.  His service is only for strategies to DCA into Bitcoin at different times like on the weekends and when markets are going down hard in general, so you can establish better avg. prices in Bitcoin over time.  I just think people who have spent a lot of money for his paid service and are painfully aware that they don't have anywhere close to his assets to adopt his same strategy successfully might be better served to shadow the approach of genuine early crypto investors from like 2011 with a proven strategy who know more about the crypto space than he does and are genuinely professionals in their own right.  And while of course these 2011 crypto investors will always hold Bitcoin as their base and everything will always revolve around Bitcoin for them and that won't change.  They pride themselves on having identified disruptive technology like Ethereum early, along with other coins, but they like to hold their knowledge close to their vest.
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Board Altcoin Discussion
Re: Has Bitcoin Lost it's Fervor for Percentage Gains?
by
Winderl
on 04/06/2023, 06:32:07 UTC
With regard to Issac's question in Quote #34, that's a good point.  Let's say you had invested $30,000 in the last bear market.  If you had bought 1 BTC at an avg. price of $7,500 and sold it for an avg. price of $50,000.  Then let's say you accumulated a $22,500 position in ETH between $100-$200.  Let's say you bought 150 ETH at an avg. price of $150, which would be a $22,500 position.  And let's say you sold that position of 150 ETH for an avg. of $4,000, which would equal $600,000.  So when you add the proceeds of the $50,000 BTC, you would now have about $650,000 in cash, with about a $620,000 profit.
    And if you played with the numbers, and invested 50% in BTC and 50% in ETH instead, and used the same numbers, and bought 2 BTC at an avg. price of $7,500, and sold them at an avg. price of $50,000, you would have $100,000 in cash.  And if you had spent $15,000 on ETH, you would have 100 ETH at $150.  And then sold them for an avg. of $4000, you would have $400,000.  Or together $500,000, with a $470,000 profit. 
    Or if you had instead invested $22,500 in BTC at the same prices, you would have bought 3 BTC and sold them at $150,000.  And a $7,500 position in ETH would be 50 ETH at $150.  If you sold those at an avg. $4,000 you would have $200,000, plus the $150,000 from the BTC or $350,000.  And that would be a profit of $320,000. 
    The last bull market was a little bit lackluster compared to the other ones, but that was really the 1st one with that characteristic.  I don't think that necessarily means that they'll be continually a little less bullish with each cycle.  I would give it a 50% chance the next bull cycle could be more bullish than the last, and a 50% chance that it would just be similar to the last, but then the following cycles after that could be potentially less and less bullish.
    Now not everyone will have $30,000 to invest, and even if you have more than $50,000 to invest, $50,000 becomes a number that personally I think a lot of people will set as a limit to allocate toward crypto.  So good point Issac, maybe there were not that many millionaires made in the last bull cycle.
    In the previous cycle before that, so say 2 cycles ago, for the sake of keeping the example easy, let's say you purchased a combined $29,700 worth of BTC & ETH, something very close to the $30,000 model.  And the breakdown was 17 BTC at an avg. purchase price of $1,100 a coin, which would have cost you $18,700 and that you sold for an avg. of $15,000 a coin.  Your proceeds would be $255,000.  And let's say you purchased 1,000 ETH at an avg. price of $11 a coin, and sold them for an avg. of $1,000 a coin.  Your proceeds would have been about $1,000,000.  And if you add that to the BTC proceeds, you would have $1,255,000, with a profit of $1,225,300.  I'm guessing many more millionaires were made during this bull cycle than the most recent bull cycle.
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Topic
Board Altcoin Discussion
Re: Crypto Cycle Survey
by
Winderl
on 03/06/2023, 22:16:17 UTC
Thank you Jerome,
    That's kind of you buddy.  I don't have any way to change the format of the way the surveys are submitted.  I completely understand your concern.  If you want to leave your answers in a reply, I would still highly value your answers.  If you would rather not don't worry about it.  I'm not trying to sell you anything, and thanks for your consideration.
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Topic
Board Altcoin Discussion
Topic OP
Crypto Cycle Survey
by
Winderl
on 03/06/2023, 14:08:10 UTC
Would you brethren be willing to fill out a short survey for me to help me establish if there would be a market for my idea of creating a crypto course online for the next crypto bull cycle which I expect to peak in 2025, in the link below?  I will not personally be investing in any altcoins like SOL, or APT, or PEPE, that carry an unacceptable amount of risk to help people meet their goals.  Thank you.

https://api.leadconnectorhq.com/widget/form/CeEJJjxCmgjoLUmA0R5s
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Topic
Board Altcoin Discussion
Topic OP
Should I Keep Buying Bitcoin Alone if I Have Limited Resources?
by
Winderl
on 02/06/2023, 13:15:25 UTC
I hear a lot of people asking this question, "Should I Keep Buying Bitcoin Alone if I Have Limited Resources?"  I think one person I hear them asking this to most is an investing influencer that made all of his money in the stock market, and in 2019 made the shift into the crypto markets, accumulating Bitcoin and Ethereum at that point.  I would say he has over 1000 BTC.  Now he is even looking for opportunities to convert his ETH to even more BTC because there is only 1 king.  Not only does he think BTC could enter a new phase of outperforming ETH if BTC undergoes mass adoption at some point, but he understands the long term benefits of BTC and all that is implied for BTC because of it's scarcity and superiority.  He views ETH as a trade only and he sees BTC as something that you only accumulate and never sell any of.  This is the instruction that he gives everyone, including people who ask him, "Should I keep keep buying only BTC if I have limited resources?".  The resounding answer from him is "yes, just keep buying BTC and don't ever sell it".  Which I would actually wholeheartedly agree with if they were already wealthy people like he is, but maybe what they are politely trying to ask him is, "what can I do to reach my goals like you have?".  They, being able to see the end from the beginning, which is that if their position in BTC never grows to anything substantial enough to help them reach their goals, how relevant is the greatness of BTC to them.  While an influencer from 2019 has done very well for himself in the crypto markets, aren't there crypto investors that go back to like 2011 and or before that have their roots in crypto and know an exact strategy and approach to help newer people reach their goals in crypto because they have done it themselves?  Wouldn't they have something more to say to people than, "just buy BTC?".  What would they tell people should be the criteria for their investments?  What coins do you think these early crypto investors are investing in currently as a compliment to BTC & ETH, that they believe will help newer investors meet their present day goals?     
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Board Altcoin Discussion
Re: 10k investment
by
Winderl
on 01/06/2023, 12:43:40 UTC
Just diversify if you aren't decided

Maybe 40% ADA, 30% XRP and 30% for another asset… maybe Doge. This will reduce the risk of you losing out in case something bad happened to XRP. ADA really preformed so well in the last Bull run and I believe it will continue to get a new all-time high in the next one.

As for XRP, there was no new all-time high from the one of 2018

Look at the charts and see which asset looks good

https://talkimg.com/images/2023/05/14/blob61db57d983e329f5.png
[That's a really helpful response Jerome, demonstrated by a great visual aid of the overlaying charts!  Thank you!]
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Topic
Board Altcoin Discussion
Re: 10k investment
by
Winderl
on 01/06/2023, 12:32:48 UTC
Just diversify if you aren't decided

Maybe 40% ADA, 30% XRP and 30% for another asset… maybe Doge. This will reduce the risk of you losing out in case something bad happened to XRP. ADA really preformed so well in the last Bull run and I believe it will continue to get a new all-time high in the next one.

As for XRP, there was no new all-time high from the one of 2018

Look at the charts and see which asset looks good

https://talkimg.com/images/2023/05/14/blob61db57d983e329f5.png
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Topic
Board Altcoin Discussion
Re: Is ETH the King of Altcoins ?
by
Winderl
on 30/05/2023, 11:25:33 UTC
And which are the others, BetterCrypto, that you see usurping ETH besides BNB and SOL?
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Topic
Board Altcoin Discussion
Topic OP
Has Bitcoin Lost it's Fervor for Percentage Gains?
by
Winderl
on 29/05/2023, 14:11:17 UTC
People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH.  If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?