General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?

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delightone

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Jan 14, 2015
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I'm having a fucking blast in this crypto world, made a few stupidass newb trades, and it cost me over 2 to 3k in profit, so i'm holding for a bit on various coins but i'm still up 300% as of this moment.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,626
59,527
i'm holding for a bit on various coins but i'm still up 300% as of this moment.
Pigs get fat.
Hogs get slaughtered.

You got bigger balls than I do my friend. In a volatile market with so much uncertainty, I'd be taking my 3x and be perfectly happy with it.

Good luck, bro!
 
D

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You got bigger balls than I do my friend. In a volatile market with so much uncertainty, I'd be taking my 3x and be perfectly happy with it.

Nukka I'm at 10x minimum. On some 30x.

Lol.
 
D

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That's awesome dude. Good luck.
Those charts scare the shit out of me. Haha.

They should. There's a baseline interest growing or new floors or build all the time. So if you just close your eyes and look away things will keep going up. It's incredibly early in the technology and things like coordinated marketplaces are being created right now.

As that infrastructure is built, there's a chance for the current numbers to go another 10 times.

Alternatively if Government intervention or other Marketplace disruptions happen things could crash to one of those lower floors and I'd expect to see an 80 percent loss off the current figures in the short-term.

That kind of volatility is why I quit looking.

On top of that volatility there are day-to-day pump and dumps happening. Using limit orders you can ride these waves and pretty much make money all the time. That's like making money in the stock market during the internet boom...not hard. It'll get harder once the futures market aligns and calls start taking the place of funded market orders like right now.
 

delightone

Insert Crown here
First 100
Jan 14, 2015
3,438
4,263
Pigs get fat.
Hogs get slaughtered.

You got bigger balls than I do my friend. In a volatile market with so much uncertainty, I'd be taking my 3x and be perfectly happy with it.

Good luck, bro!
Too be honest i put money in that i can afford to lose, so in my head it's gone anyway, on paper i'm up in my head i'm not, i don't know if this makes any sense to you but it did to me;).
I'm just having a bit of fun
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,626
59,527
Too be honest i put money in that i can afford to lose, so in my head it's gone anyway, on paper i'm up in my head i'm not, i don't know if this makes any sense to you but it did to me;).
I'm just having a bit of fun
Oh yeah. I have some stocks that I do the same thing with.
 
D

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Hey @Splinty as the TMMAC financial adviser, if I were looking to get started where do I do such a thing?

Buying in?

Coinbase is the easiest. Download the app. You connect your bank account or credit card can transfer funds.

Initially the amount you can transfer is limited. Also you have to move funds into your coinbase account before you can make purchases. With increased identification proof you can make instant transfers and not have to hold money on their site.

Stick to bitcoin Litecoin in ethereum up front.
Bitcoin cash may be a money-making opportunity, but it's also contentious.

To purchase other coins you will have to buy Bitcoin and then can purchase them on other exchanges on other sites. You transfer the Bitcoin out of coinbase to the other site and make those trades like at the stock market. This is starting to get pretty Advanced otherwise you go down the rabbit hole and get caught in pump-and-dump schemes. Do not buy any other coins than those big ones above until you have a deep understanding of the market, but especially the technology behind any other coins so you know why they might have value.
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,717
56,224
Buying in?

Coinbase is the easiest. Download the app. You connect your bank account or credit card can transfer funds.

Initially the amount you can transfer is limited. Also you have to move funds into your coinbase account before you can make purchases. With increased identification proof you can make instant transfers and not have to hold money on their site.

Stick to bitcoin Litecoin in ethereum up front.
Bitcoin cash may be a money-making opportunity, but it's also contentious.

To purchase other coins you will have to buy Bitcoin and then can purchase them on other exchanges on other sites. You transfer the Bitcoin out of coinbase to the other site and make those trades like at the stock market. This is starting to get pretty Advanced otherwise you go down the rabbit hole and get caught in pump-and-dump schemes. Do not buy any other coins than those big ones above until you have a deep understanding of the market, but especially the technology behind any other coins so you know why they might have value.
Thanks for the info. I'm looking to get into it as a recreational type deal, where I'll just throw a little money into some of the more reliable currencies (very relative term) and see where they end up.
 

delightone

Insert Crown here
First 100
Jan 14, 2015
3,438
4,263
Buying in?

Coinbase is the easiest. Download the app. You connect your bank account or credit card can transfer funds.

Initially the amount you can transfer is limited. Also you have to move funds into your coinbase account before you can make purchases. With increased identification proof you can make instant transfers and not have to hold money on their site.

Stick to bitcoin Litecoin in ethereum up front.
Bitcoin cash may be a money-making opportunity, but it's also contentious.

To purchase other coins you will have to buy Bitcoin and then can purchase them on other exchanges on other sites. You transfer the Bitcoin out of coinbase to the other site and make those trades like at the stock market. This is starting to get pretty Advanced otherwise you go down the rabbit hole and get caught in pump-and-dump schemes. Do not buy any other coins than those big ones above until you have a deep understanding of the market, but especially the technology behind any other coins so you know why they might have value.
It's better to buy litecoin if you want to transfer to binance.com, the fees and transfer times are much lower and when i say lower i mean a shit ton lower.
You can always change back to your prefered coin on binance.
 
D

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It's better to buy litecoin if you want to transfer to binance.com, the fees and transfer times are much lower and when i say lower i mean a shit ton lower.
You can always change back to your prefered coin on binance.

Agreed and I'm glossing over that there are trading pairs for ethereum on other platforms too
 

delightone

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Jan 14, 2015
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Until Bitcoin gets true privacy, I'd say that's a safe start.




I did the math on ripple once. I can't remember how lol but I decided it has a goal around 86 cents or something. It'll probably make a dollar or more but then settle out. Just too much supply. Amazing technology but not a currency per say.

I would only move into real currency applications. In the short term, great techs will make money but I'm mixed on the longterm of investing in the coinage related to things like world computers and blockchain storage tech.
Pssst did you see Ripple rising to the number 2 coin in marketcap, wish i jumped in at the moment of that post, it hit $2.80 today and was at $0.35 at the time of my post 6x gain, it's time to get that abacus out of the closet and recalculate:).
They have some big company partnerships.

If got a few hundred in Tron at the moment and believe that to be a good bet, there's gonna be a coinburn in Q1 2018, so that will shrink the supply a bit and probably pump it up a little, this wil be a long hold for me.
 
D

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Pssst did you see Ripple rising to the number 2 coin in marketcap, wish i jumped in at the moment of that post, it hit $2.80 today and was at $0.35 at the time of my post 6x gain, it's time to get that abacus out of the closet and recalculate:).
They have some big company partnerships.

I think you misunderstand my post.
I was describing the cost of Ripple the amount of coins, market cap, and current usage ( what share of banking industry transactions will occur with it?)

Not what it will go to in the short-term.

I've watched Ripple since it was less than $0.10
And a bull market of alt coins you can make money off of anything.

Xrp is great tech. But it's way of overvalued right now. And it's run-up is solely because other coins have already been pumped this month and the sub dollar coin is easy for newbies to purchase.

Eventually Ripple will have to actually make transactions instead of experiments to justify all of the math others are making about percentages of total Financial transactions around the globe.
 

delightone

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First 100
Jan 14, 2015
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I think you misunderstand my post.
I was describing the cost of Ripple the amount of coins, market cap, and current usage ( what share of banking industry transactions will occur with it?)

Not what it will go to in the short-term.

I've watched Ripple since it was less than $0.10
And a bull market of alt coins you can make money off of anything.

Xrp is great tech. But it's way of overvalued right now. And it's run-up is solely because other coins have already been pumped this month and the sub dollar coin is easy for newbies to purchase.

Eventually Ripple will have to actually make transactions instead of experiments to justify all of the math others are making about percentages of total Financial transactions around the globe.

Yuup that's me!
 
D

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Yuup that's me!

Then be on Cardano, so it's already been pump this month too and will correct soon. I've been on it from $0.02 and now it's like 50.



Cardano is an incredible project. I'm not sure if it can get out of the bureaucracy of being so perfectly tested, but it's pumping out a tried-and-true product with big academics creating a great coin from the ground up.

They will need to get some big players using it, but the project is solving problems in many ways. And I believe in projects that solve problems.
 

delightone

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Jan 14, 2015
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Then be on Cardano, so it's already been pump this month too and will correct soon. I've been on it from $0.02 and now it's like 50.



Cardano is an incredible project. I'm not sure if it can get out of the bureaucracy of being so perfectly tested, but it's pumping out a tried-and-true product with big academics creating a great coin from the ground up.

They will need to get some big players using it, but the project is solving problems in many ways. And I believe in projects that solve problems.

Yeah i was eyeing that earlier before the pump, but was too late jumping on it, and was hoping for the dip to get in to it's at all time high at the moment.
that's a great buy at 0,02, i was hoping it would pull back a bit to that 0,35 ish range to get in, don't think it will dip that deep, but we'll see.