Author Topic: Cryptocurrency Master Thread (Read 220537 times)

steve dave · « **Reply #3200 on:** September 18, 2021, 12:24:20 PM »

Alright, I’m gonna do that too

steve dave · « **Reply #3201 on:** September 18, 2021, 06:39:14 PM »

folks, we are back

DaBigTrain · « **Reply #3202 on:** September 20, 2021, 07:45:13 AM »

Everything sucks

steve dave · « **Reply #3203 on:** September 20, 2021, 07:55:52 AM »

The idea that crypto isn’t correlated to traditional securities is in the toilet IMO

Kat Kid · « **Reply #3204 on:** September 20, 2021, 10:20:09 AM »

Quote from: steve dave on September 20, 2021, 07:55:52 AM

The idea that crypto isn’t correlated to traditional securities is in the toilet IMO

It is but if you look at the actual numbers it isn’t as much as you might think.

DaBigTrain · « **Reply #3205 on:** September 21, 2021, 02:47:59 PM »

Quote from: steve dave on September 18, 2021, 06:39:14 PM

folks, we are back

This SOL thing sucks major ass SD

yoga-like_abana · « **Reply #3206 on:** September 21, 2021, 03:07:23 PM »

crap outta luck

steve dave · « **Reply #3207 on:** September 21, 2021, 03:45:12 PM »

SUCKS BIGTIME!

steve dave · « **Reply #3208 on:** September 22, 2021, 01:21:10 PM »

Quote from: steve dave on September 21, 2021, 03:45:12 PM

SUCKS BIGTIME!

IT KICKS ASS AGAIN!

DaBigTrain · « **Reply #3209 on:** September 22, 2021, 11:01:34 PM »

Do as I say not as I do

DaBigTrain · « **Reply #3210 on:** September 24, 2021, 09:25:53 AM »

China bans Bitcoin for the 100th time and I buy the dip. It’s like clockwork

meow meow · « **Reply #3211 on:** September 24, 2021, 02:22:03 PM »

if a guy/gal wanted to get into crytpo 1) is it a bad time 2) where does he/she go to start, robin hood type place? 3)which coins would he/she want

steve dave · « **Reply #3212 on:** September 24, 2021, 02:35:45 PM »

1) My guess is no but wtf do I know
2) Coinbase pro (cheaper than Coinbase)
3) I’m in (biggest to smallest) ETH, BTC, SOL, DOT.

Disclaimer: I don’t know wtf I’m doing.

meow meow · « **Reply #3213 on:** September 24, 2021, 02:38:23 PM »

haha, thanks, basically why i haven't dove in yet, intimidated

Kat Kid · « **Reply #3214 on:** September 24, 2021, 02:42:09 PM »

Quote from: meow meow on September 24, 2021, 02:38:23 PM

haha, thanks, basically why i haven't dove in yet, intimidated

If you don't have any interest in trading it and just want to hold it, I think Ledger is a good option but Coinbase Pro is also good, it is just pretty trading focused.

wetwillie · « **Reply #3215 on:** September 24, 2021, 03:43:42 PM »

Quote from: steve dave on September 24, 2021, 02:35:45 PM

1) My guess is no but wtf do I know
2) Coinbase pro (cheaper than Coinbase)
3) I’m in (biggest to smallest) ETH, BTC, SOL, DOT.

Disclaimer: I don’t know wtf I’m doing.

Your ETH holding is greater than your btc holding? Damn son.

steve dave · « **Reply #3216 on:** September 24, 2021, 03:48:21 PM »

Quote from: wetwillie on September 24, 2021, 03:43:42 PM

Quote from: steve dave on September 24, 2021, 02:35:45 PM
1) My guess is no but wtf do I know
2) Coinbase pro (cheaper than Coinbase)
3) I’m in (biggest to smallest) ETH, BTC, SOL, DOT.

Disclaimer: I don’t know wtf I’m doing.

Your ETH holding is greater than your btc holding? Damn son.

it has worked so far! (almost certainly doomed to fail long term because wtf am I even doing)

DaBigTrain · « **Reply #3217 on:** September 24, 2021, 05:51:41 PM »

Quote from: steve dave on September 24, 2021, 02:35:45 PM

1) My guess is no but wtf do I know
2) Coinbase pro (cheaper than Coinbase)
3) I’m in (biggest to smallest) ETH, BTC, SOL, DOT.

Disclaimer: I don’t know wtf I’m doing.

I’m curious at your percentages here. Like how much bigger is your ETH position than your BTC one?

steve dave · « **Reply #3218 on:** September 24, 2021, 06:05:31 PM »

Quote from: DaBigTrain on September 24, 2021, 05:51:41 PM

Quote from: steve dave on September 24, 2021, 02:35:45 PM
1) My guess is no but wtf do I know
2) Coinbase pro (cheaper than Coinbase)
3) I’m in (biggest to smallest) ETH, BTC, SOL, DOT.

Disclaimer: I don’t know wtf I’m doing.
I’m curious at your percentages here. Like how much bigger is your ETH position than your BTC one?

Like 50, 30, 19, 1. Used to be fat BTC but I need that beta.

catastrophe · « **Reply #3219 on:** September 24, 2021, 07:57:03 PM »

Quote from: meow meow on September 24, 2021, 02:22:03 PM

if a guy/gal wanted to get into crytpo 1) is it a bad time 2) where does he/she go to start, robin hood type place? 3)which coins would he/she want

Agree with SD on just about everything, but obviously it depends on your specific goals.

If you’re in it for relatively safe long term investment, I definitely think ETH and BTC are the way to go at the moment. Those are basically the 1A/1B gold standard. If you’re chasing a huge upside and excitement, there are tons of alternatives that have compelling arguments for them. Not exactly my thing though.

Now is as good a time as any to get started. Most of the money I invested was when ETH/BTC were higher than they are now.

And agree Coinbase Pro is probably the simplest & safest option for an exchange since it’s a public company. Again, that’s if you trend conservative. I’m sure you can find another option with lower transaction fees.

Pete · « **Reply #3220 on:** September 25, 2021, 09:31:03 AM »

I use coinbase a couple weeks ago, but don't trade at all. I bought in with about 100 to just see how it worked, and put 50 in ETH and 50 in BTC. Both are down from when I bought them. I also have some weirdo coins that you get for free from coinbase by doing little trainings and crap...they "pay" you to learn about odd little coins. If you wait a couple weeks you can trade those odd ones for other coins. I figure I'll just hang onto them in case they go to the moon.

Mostly I am on there because my junior high kid mines ETH, at the rate of about $50 a month or so.

wetwillie · « **Reply #3221 on:** September 25, 2021, 11:13:21 AM »

Defi is the most intriguing to me moving forward. Will be interesting to see how overtly the politicians and their centralized bank overlords attempt to quash it. Cardano and Flare Networks alongside ETH will be the leading ecosystems on that.

catastrophe · « **Reply #3222 on:** September 25, 2021, 11:32:07 AM »

My crypto enthusiast coworker says the same thing re defi.

DaBigTrain · « **Reply #3223 on:** September 25, 2021, 12:20:14 PM »

Quote from: wetwillie on September 25, 2021, 11:13:21 AM

Defi is the most intriguing to me moving forward. Will be interesting to see how overtly the politicians and their centralized bank overlords attempt to quash it. Cardano and Flare Networks alongside ETH will be the leading ecosystems on that.

Nope it’s gonna be ETH and SOL and nothing else.

wetwillie · « **Reply #3224 on:** September 25, 2021, 01:02:30 PM »

Quote from: DaBigTrain on September 25, 2021, 12:20:14 PM

Quote from: wetwillie on September 25, 2021, 11:13:21 AM
Defi is the most intriguing to me moving forward. Will be interesting to see how overtly the politicians and their centralized bank overlords attempt to quash it. Cardano and Flare Networks alongside ETH will be the leading ecosystems on that.
Nope it’s gonna be ETH and SOL and nothing else.

Have you changed your mind any on NFT’s? IMX as a layer 2 on ETH is exciting. Ecomi’s VeVe App has all the monster IP like Marvel and Disney and likely Pokémon and is migrating onto IMX that will hit opensea.