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Posts & Investments - #edcacrypto

Invested in Algorand
I have been buying a LOT of ALGO, and ALGO and GRT are some of my biggest positions. PoW coins are going to be hit hard by the increasing cost of fuel. PoS tokens are likely to fare better during this time. Remember, with PoW coins, value = hashrate, and as mining becomes unprofitable and miners power down, the value of that network will unwind. Fuel costs will have to go down for them to regain value. That is not the case for PoS coins and tokens. #edcacrypto
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Invested in The Graph
You only take the loss when you sell. Now, one thing mom HAS been doing is exiting CEXs, including crypto dot com, Coinbase, voyager, and Gemini. Celsius has collapsed. There are legitimate concerns surrounding other defi lenders, including BlockFi and Nexo, and $SOL has had to make concerning moves: https://www.coindesk.com/tech/2022/06/19/solana-defi-platform-votes-to-control-whale-account-in-bid-to-avoid-liquidation-chaos/ This is the time to ensure you have custody of your tokens and coins. This is the one and only non-hardware platform I have, from here on out, and anything here I would not be crushed to lose. #edcacrypto
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Invested in Avalanche
Mom is not out of crypto. I haven’t sold, I haven’t left. We are in the crypto winter. Now is the time to accumulate. Remember when BTC was $60k and you were wishing you’d gotten in under $20k? Well here you are. Go stack some coins. #edcacrypto
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Invested in Tesla
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Who think this week the market is going to take another blow? #crypto #growth #possibilities #moneymakingmission #buydip #longtermSee more
Yes48.57%
No19.05%
Depends On The Feds32.38%
105 votes Ended 05/22/22
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Invested in Tezos
I got lucky with LUNA; grand total including post-crash lottery tickets, my LUNA positions equaled 22% of the capital of my average position on here. Why? It was so green for so long, I took profits and chipped away at that position, while others grew. I was truly dumbfounded at its rise, and how long it stayed green, especially after it passed its own longest bull run record. Sometimes I wondered if I was silly for not leaving more in. Well, hindsight is always easier. I got lucky. #edcacrypto #buyred #liftasyourise
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Invested in The Graph
I would also like to again emphasize that while you may see positive sell orders from me, that does not mean I am overall positive. During the last six month, I am down almost 30%. Good sell orders are a function of my strategy and not a guarantee that I know everything. #edcacrypto #buyred #liftasyourise
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