- Jul 13, 2005
- 36,006
- 27,579
This I completely agree with. For the time being it's exactly what it is.
This I completely agree with. For the time being it's exactly what it is.
mplsdunk
Supporter
- May 25, 2004
- 35,999
- 56,206
I’ll be real, stock market is overwhelming af to me.
crypto isn’t and I like the speed at which transactions take place.
stock you gotta buy shares, it’s limited to certain hours, you gotta set the price per share wait for the Oder to get completed after it takes some days for the money to wire transfer in.
crypto I want 2k in eth it’s done in 5 seconds.
I wouldn’t put any money in anything I can’t afford to lose other than a savings account. Crypto is my casino, I don’t need it but if it pays off great. I’ll buy a dump truck or build my house with the money to make more money or live mortgage free.
crypto isn’t and I like the speed at which transactions take place.
stock you gotta buy shares, it’s limited to certain hours, you gotta set the price per share wait for the Oder to get completed after it takes some days for the money to wire transfer in.
crypto I want 2k in eth it’s done in 5 seconds.
I wouldn’t put any money in anything I can’t afford to lose other than a savings account. Crypto is my casino, I don’t need it but if it pays off great. I’ll buy a dump truck or build my house with the money to make more money or live mortgage free.
- Jul 13, 2005
- 36,006
- 27,579
Definitely a gamble.
I know people going all in on ETH or BTC with money they can't really afford to lose (60-100k), but they're greedy. Want to get rich overnight (who doesn't). They're profiting big right now so I'm not mad at it. Ride the wave.
The thing with stocks is, if I lose 5-10% in a day or two I know for sure I'm getting that money back down the line bc that company is profitable. It's a business making profits or has a product.
With BTC or ETH I have no idea what will happen.
I know people going all in on ETH or BTC with money they can't really afford to lose (60-100k), but they're greedy. Want to get rich overnight (who doesn't). They're profiting big right now so I'm not mad at it. Ride the wave.
The thing with stocks is, if I lose 5-10% in a day or two I know for sure I'm getting that money back down the line bc that company is profitable. It's a business making profits or has a product.
With BTC or ETH I have no idea what will happen.
- Apr 4, 2008
- 75,398
- 24,781
Bitcoin will be used as settlement, will be present on corporate balance sheets, and eventually will be held by central banks.
- Jan 16, 2013
- 1,926
- 2,171
As far as I know if you dont transfer it to fiat you dont have to worry about that. Which is why a credit/debit card that you can transfer crypto to will be so useful if I'm correct on that assumption
- May 17, 2007
- 27,179
- 27,648
There’s no way to predict anything and life is a gamble but I’d be shocked if btc doesn’t hit 6 figures at some point.
Imagine looking back in 10 years & not getting into the action because you were scared. I’m not going to let that be me.
Imagine looking back in 10 years & not getting into the action because you were scared. I’m not going to let that be me.
- Nov 18, 2016
- 3,273
- 7,865
Market cycle(s)
- Jan 4, 2006
- 2,072
- 878
There we go. I got Daedalus and everything.
- Sep 4, 2020
- 583
- 783
Would love to touch base with you. Will DM.
- Apr 28, 2020
- 3,087
- 2,969
yeah man never forgot dude who told me to hop in during 2012 but I was like nah I can’t be involved in anything illegal
.That’s why crypto custody will be pretty big down the line. The folks who can’t hold their own tokens will have to go to a custodian.
- Sep 4, 2020
- 583
- 783
I think Coinbase going public is the impetus for legitimacy. There are numerous articles on this, but long story short, they won't survive if the assets they host are seen as junk. Maybe it's all a scam and they get rich and fold. They will go through years of litigation, if so.
The point being, Coinbase as a public company will bring a flood of new investors and force institutions to realize that these assets hold value. The **** coins will get weeded out and the cream will rise to the top. Any perceived collapse or lost value will cripple them and they won't want this to happen.
I am not a financial advisor. I like the coin. Buy the dips. Buy the highs. Buy Pluto.
The point being, Coinbase as a public company will bring a flood of new investors and force institutions to realize that these assets hold value. The **** coins will get weeded out and the cream will rise to the top. Any perceived collapse or lost value will cripple them and they won't want this to happen.
I am not a financial advisor. I like the coin. Buy the dips. Buy the highs. Buy Pluto.
- Aug 21, 2005
- 9,058
- 2,855
Exactly how I feel but if that nonsense can make money ill dive in. Cardano is pretty underwhelming.
- Apr 8, 2009
- 13,128
- 12,677
^^
Exactly.
I Can't become a coin maximalist. I'll jump into whichever solid project will give me profits which is why I diversify.
I find that a lot of the time, it's the low cap gems that get me excited. I'm talking like page 3 onwards on Coin Gecko but not too far down
Blockchain tech has far more use cases than just being a form of payment. BTC really is basic compared to a lot of the coins out there.
Being able to have code run on an immutable ledger is a game changer in so many ways.
BTC to me will become a store of value because of its finite supply which is why people refer to it as digital gold. I don't see a future where BTC is being used as a form of payment.
There will be other coins for that.
As for Bear market, I will never look at a bear market as a bad thing again because that is where the real money is made.
BTC was 3K and Eth was what 100 at its lowest I think last year. You could've 16x if you bought Eth a year ago and I don't ever think we will see BTC and ETH that low ever again.
Market Cycles as fap said is why you need a strategy of when to take profits and perhaps a plan that works during either a Bull/Bear market.
If I become a whale then I would have like 30% of my portfolio in stable coins just getting that sweet APY whatever the market looks like.
Then there's things like being a liquidity provider and getting fees off that. Miners have been making money whatever the weather so why shouldn't we also look to get that passive income.
DCA also works as well during bear/bull cycles.
Exactly.
I Can't become a coin maximalist. I'll jump into whichever solid project will give me profits which is why I diversify.
I find that a lot of the time, it's the low cap gems that get me excited. I'm talking like page 3 onwards on Coin Gecko but not too far down
Blockchain tech has far more use cases than just being a form of payment. BTC really is basic compared to a lot of the coins out there.
Being able to have code run on an immutable ledger is a game changer in so many ways.
BTC to me will become a store of value because of its finite supply which is why people refer to it as digital gold. I don't see a future where BTC is being used as a form of payment.
There will be other coins for that.
As for Bear market, I will never look at a bear market as a bad thing again because that is where the real money is made.
BTC was 3K and Eth was what 100 at its lowest I think last year. You could've 16x if you bought Eth a year ago and I don't ever think we will see BTC and ETH that low ever again.
Market Cycles as fap said is why you need a strategy of when to take profits and perhaps a plan that works during either a Bull/Bear market.
If I become a whale then I would have like 30% of my portfolio in stable coins just getting that sweet APY whatever the market looks like.
Then there's things like being a liquidity provider and getting fees off that. Miners have been making money whatever the weather so why shouldn't we also look to get that passive income.
DCA also works as well during bear/bull cycles.
- Sep 4, 2020
- 583
- 783
LOL. I like the guy with ETH in his bio to give an honest assessment of ADA.
The truth is, Hock is doing exactly what needs to happen for anything but BIT to be successful - convincing corporations that this technology has utility. As with any of these assets, they can be gone tomorrow. ETH is incredible but literally unusable at this juncture for a regular joe. ADA will aim to solve that in short order. I believe they will and in 3-4 years have enough market share to make an investment today give you better gains than BIT or ETH.
- Sep 4, 2020
- 583
- 783
Chinese new year?
- Oct 10, 2014
- 323
- 122
kind of a random question - but do any of you listen to any crypto podcasts that you'd recommend? i've been listening to a few here and there trying to find a good one and really wouldn't recommend any of them...
- Nov 7, 2013
- 153
- 69
Is this still accurate? Lol
- Jul 13, 2005
- 36,006
- 27,579
Elon Musk really made a DOGE coin Super Bowl commercial?
- Apr 4, 2006
- 15,869
- 3,509
- Mar 14, 2014
- 3,603
- 2,241
Is this still accurate? Lol
just a lil behind but will get there soon
- Sep 4, 2020
- 583
- 783
Every crypto podcast is the same - this coin is the best and it might ATH or it might correct and that is normal. LOL. One a coin runs they all post about it and say it's gonna 100x.
I'll wait for anyone else to add their thoughts but crypto DD is personal in my opinion. You have to really understand the underlying tech and use cases. Life's a gamble and I'm all about my poker chips.
- Nov 18, 2016
- 3,273
- 7,865
ya'll better start checking binance smart chain (BSC). Learn the protocol, use the bridge, and get over there asap. gas fees .05c, 1:1 token peg'd to their original, and rewards + APY's insane. we will look at this post again in a 1month.
- Jul 30, 2017
- 11,615
- 19,499
I hate dogecoin but I respect soulja boy still getting a bag
- Jul 30, 2017
- 11,615
- 19,499
Elon is a man of the people..I hope they pump tesla after this
- Apr 4, 2008
- 75,398
- 24,781
That sec investigation is going to be great
