You're incredible.
You seem to always have an unlimited amount of cash flow to keep buying altcoins.
You're right, that is true under normal circumstances.
However, during abnormal spikes and dips, FUD causes the masses to transfer their wealth around within the cryptocurrency sphere.
For example, when bitcoin spikes, a paired altcoin should go down in the same percentage, but because many weak investors try to ride the wave, they start selling the altcoin and move the money to bitcoin, which causes the market cap of bitcoin to go up and the market cap of the altcoin to go down.
This imbalance is the mega sales opportunity that the sifus here are talking about.

That's why it's so important to do a fiat comparison before you put your money into any coin, so you know whether fresh money is coming in or out of the coin.

Noted, very good analysis.

The situation can be vice versa if bitcoin drop?

You're incredible.
You seem to always have an unlimited amount of cash flow to keep buying altcoins.

so it is also prudent to keep in reserve/float some BTC/USDT to buy altcoins when their prices dip.....

Noted, very good analysis.

The situation can be vice versa if bitcoin drop?

No la. Past one month I only bought BTC once and had to patiently wait for the Red Sea. Also sold off some to accumulate BTC when everything green. It is a recurring cycle that so far has never failed to happen. Just have to be patient and hold down itchy hands especially when everything green.

I'm probably not going to pump in more cash anytime soon. The cash I put in is probably my limit that I'm comfortable with. Also because I can't transfer out my altcoins from exchange due to no hardware support. Thx to rising altcoins, just letting my altcoins "auto-cruise" and cashing out a bit hopefully at the top to buy again hopefully near the bottom.

Edit : ETH at 250!!!

Subscribe to this channel, they've been doing crypto mining since 2013.

Here's a recent one, I'm going to build one with Vega cards


Join their frequent livestream and ask away.

Bitcoin is reaching all time high.

You guys think it's still ok to go in now?

Feels like buying a few bitcoin for investment.

Personally, I believe yes.
But I also recommend spreading your investment slightly and get some ETH.

I just registered CoinBase, nationality with Malaysia.

It says Malaysia does not support Buy/Sell.

How do you guys managed to Buy & Sell with CoinBase with Malaysia account.

Can't use MYR. Luno still safe bet to buy BTC and transfer to other exchange to convert to altcoins.

Just a hunch, I feel that anyone who join Eth mining pool today may have same experience like yours to Bitcoin.

Whats the effect of difficulty bomb to new miner?

I've tried signing up for a Luno account many times last night but I could never get the email confirmation at all...

I've tried signing up for a Luno account many times last night but I could never get the email confirmation at all...

Contact their support.
I just logged in and I didn't observe any issues.

On a separate note......I noticed quite a large difference in buy/sell spread between Luno and XBit Asia.
Just looking at face value, it seems Luno's prices are much better for buying bitcoin compared to XBit Asia.

And I noticed that the overall market cap just breached USD 100 billion today.
Exciting times.
I'm not quitting my day job yet, but I sense that my ship will be coming in soon, in the near future!