Potential blackouts. Are you prepared if it were to occur?
I've been hearing talk of black outs etc. They can occur and have occurred as it did in Texas.
Article: [URL]https://news.ncsu.edu/2022/01/climate-change-could-lead-to-blackouts-higher-power-costs-on-west-coast/[/URL].
Not sure why I keep hearing this but hope some of you have supplies and a generator if things were to get that bad for the power grid. Hell the grid isn't maintained as it should to say the least. I also heard the there was a plan to do black outs to diminish the use of fossil fuels etc which sounds absolutely stupid but it's a thing. Rolling black outs have already occurred in Cali due to their green energy plan. So all I'm saying is have the proper utensils if things were to happen in Ga.
Not financial advice but a little insight
[QUOTE=Joesouncool;5713446]And everything took a big giant crap yesterday afternoon. I've got some matic and Luna that have been good to me. I'm a buy and hodler. I'm hoping to build up a stripper fund, but I'm late to this crypto thing. I had looked at it years ago, but it was too hard for normal people back in the early 2010's and then I forgot about it. Wish I had not now.
Stay safe out there.[/QUOTE]One of the major billionaires announced he's holding a big bag of MATIC!
Not financial advice but yes on these mainstream tokens its good to hold. Last year I held on to my MANA ever since January 2021 and sold a good amount of profits at 4 dollars. The same strategy shouldn't be used on meme projects. I'm pretty sure you've heard of Saitama. The market cap is way to high to make massive gains. I'm mixing myself with low cap gems on the matic eth and bsc network. I invested in some projects already. I'm already at a 15 X this year! I won't mention my plays.
If you ever get into the sphere of investing in low cap gems with lots of potential and hype via Uniswap or pancake swap. My criteria is that the team must be doxxed, a good white paper, strong marketing team, market cap relatively low and a level of professionalism from the team. Also always scan projects contracts via token sniffer, bscheck, cryptowatchtower and a few other sites as research on contracts to avoid rug pulls and scams. Not financial advice. Shit coins I avoid for the most part unless there is a serious doxxed team behind it, good marketing and something unique occurring.
Also don't buy the pump. If a coin is pumping it'll eventually dump. You will get rekt buying green candles. As a noob years back I did that. Not fun. As it is said. Buying green candles gives you red dildos. Red dildos give you green candles. Don't fomo into projects. Want to make big money? You have to put big money in. For perspective. A project at a 1 million dollar market cap is easier to 10,100 and 1000+ X your investment than a 1 billion dollar project. More you put in the more you make. Once again not financial advice. Do as you please and develop your own strategy and ways of vetting projects and tokens. Crypto space is saturated with scamming fuckers as well. When venturing to invest on decentralized exchanges.
Also most of all. If a token pumps and you see a 5 X or 10 x take profits. 30 % or whatever you'd take. Why? Because eventually it'll come back down. Secure profits and account for the token's taxes and gas fees. Remember if you invest in a low market cap project and the market cap 40 X (example 2 million to 80 million) your investment 40 X. 1 K turns into 40 K 10 K turns into 400 K etc. Finding low cap gems is a betch though hence I don't share LOL.
Ok I'll give one so no one annoys me and everyone wants to be making insane gains. Project name SCARD on the ETH network. Search it on CMC or Dextools. Use Uniswap to buy but gas fees will be up there depending on the time of day you swap ETH / WETH for SCARD. This thing will more than likely hit a 100 million market cap and eventually 1 billion. Do the dame math. Check the team and founders. 1 of them should bring you affirmation this shit is going to rocket! Their liquidity is locked for over 100 years. That's a project with long term goals! Not financial advice and DYOR. Currently at a 4 million dollar market cap. I'm savoring hard asf for this to pump as it's a sleeping giant with a good initiative. ETH gas fees RN are insane but at certain times it's cheaper. The other day the GWEI was at 277 LOL.
Mood but for all the projects I'm in including XRP: [URL]https://youtu.be/Ck98XGXzkrY[/URL].
Just a little insight on how I play the game. I'd wait for a correction to finish. BTC may hit 39 K but if it dips below that the next support band is 30 K or lower which has happened already. Just hedge funds and big investors manipulating the market to get in at lower entry points and then pump that shit up again. I have money ready to buy in! Good luck.