Cryptokittycat

Garfield fan | Crypto investor | Frequent spreadsheet user | Not a financial advisor | Listens to game music | BTC SOL MEW RVN TEL XVG

[Cryptokittycat @RB_0029]

Me: I wanna start investing in this altcoin, but also want to safe fiat in case we go significantly lower.

People in TG group: You’re crazy! That’s never gonna happen! Stop spreading FUD!

*coin is -70% down a few months later*

People in TG group:

[Ted @TedPillows]

Dump it.

[Cryptokittycat @RB_0029]

@CryptoErwinNL Nah, I still think you’re a clown who deserves to get scammed.

[Cryptokittycat @RB_0029]

@CryptoErwinNL @verasitytech Screw you, you idiot! You 100% deserve to get scammed.

[Cryptokittycat @RB_0029]

@ColinaMello

[Digits Capital @DigitsCapital]

A company can have an amazing product but a terrible token. Could be $XPL, not sure it's 2 days old, but let's look at past examples:

$ENA for example hit ATH market cap recently while the token is dusted and bag holders formed from higher. These tokens continue inflating making it harder and harder to get back to each buyers break even price. As price slips further and tokens inflate more immense pain is formed in this buyer.

With every drop this buyer is filled with regret and tears. Their only hope is to exit with no loss. They have no dreams of profit anymore, they just want the pain to stop, they no longer believe like they once had.

Its important to realize where people are bag holding from on a chart if you're looking to buy a dip.

The bigger the retrace, the more momentum is needed to chew through the inevitable sell walls being built by tortured souls along the path of downward destruction.

Add swing traders to the mix that have a better entry than you?

They will enter and exit before it even comes back to your entry, extracting more USD along the way.

Add inflation to the mix?

Well now you're just talking about Berachain and we all know how that went.

What if the dip just keeps on dipping?

Not all coins are created equal and you can have a great product but a terrible token.

Things to consider

[Cryptokittycat @RB_0029]

Time to buy more $SNT! The price went slightly lower compared to last week, so I've spent some more. Wanna DCA every Sunday.

[Cryptokittycat @RB_0029]

I've decided to add $SNT to my portfolio. The goal is to sell with at least 40% profit. Playing with bigger numbers this time.

[Cryptokittycat @RB_0029]

@sinat84622 I bought around $0.0014
Most people bought above 1 cent sadly, still holding the bag.

[Cryptokittycat @RB_0029]

I’m so glad I sold all my $VRA at $0.0018 last week!

[Cryptokittycat @RB_0029]

@crisisrenegade Anything better than being -90% down because of bagholding

[Cryptokittycat @RB_0029]

I like how the comments are split about this. Some think I made the right decision, others think I sold too soon and miss out on future gains. We will see what happens next. Either way, I got almost €800 back to reinvest.

[Cryptokittycat @RB_0029]

Just sold all my $VRA for a nice 22% profit as I don't trust this pump.

[Cryptokittycat @RB_0029]

Bought: 🔼4363 $MEW
Total holdings: 🔼50k $MEW
Average price: 🔼€0,002713
Goal price: 🔼€0,005426
Fiat saved: 🔼€315,65
Profit/loss: 🔽+€28,96
ROI: 🔽+6,43%

[Cryptokittycat @RB_0029]

$VRA
Pump it to $0.002214!

[Cryptokittycat @RB_0029]

Bought: 🔼7965 $TEL
Total holdings: 🔼225k $TEL
Average price: 🔼€0,004172
Goal price: 🔼€0,008344
Fiat saved: 🔼€860,66
Profit/loss: 🔽+€228,37
ROI: 🔽+12,69%

[Cryptokittycat @RB_0029]

Bought: 🔼2484 $XVG
Total holdings: 🔼105k $XVG
Average price: 🔼€0,005147
Goal price: 🔼€0,010294
Fiat saved: 🔼€259,26
Profit/loss: 🔽+€59,06
ROI: 🔽+7,38%

[Cryptokittycat @RB_0029]

Bought: 🔼2862 $DGB
Total holdings: 🔼13k $DGB
Average price: 🔼€0,007196
Goal price: 🔼€0,014393
Fiat saved: 🔼€107,19
Profit/loss: 🔽+€6,88
ROI: 🔽+3,44%

[Cryptokittycat @RB_0029]

Bought: 🔼14,59 $NXPC
Total holdings: 🔼104,22 $NXPC
Average price: 🔼€0,8447
Goal price: 🔼€1,6893
Fiat saved: 🔼€211,97
Profit/loss: 🔼+€9,91
ROI: 🔼+3,30%

[Cryptokittycat @RB_0029]

@Sir_Crypto786 This happened right after I bought 🥲

[Cryptokittycat @RB_0029]

$VRA next stop is 0.002214! 🚀

[Cryptokittycat @RB_0029]

Bought: 🔼38k $VRA
Total holdings: 🔼382k $VRA
Average price: 🔼€0,001159
Goal price: 🔼€0,002319
Fiat saved: 🔽€209,97
Profit/loss: 🔼+€10,94
ROI: 🔼+1,68%