Crypto (1 Viewer)

[Stickboy97]

So this past week I purchased Dogecoin and it got me thinking, why not buy more of several different types of crypto. So I looked for easy platforms to buy & found 2. Today most are down a bit, so I figure its a decent time to buy.

Robinhood - where I got the dogecoin and today bought several others.
Paypal - where I purchased Bitcoin only $25, see below why.

I bought the Bitcoin at Paypal because Paypal gave me $25 credit just for buying $25 or more in crypto. They charge a small fee which is why I used Robinhood for the others & why I bought such a small amount.

But along those lines. After I bought my small Bitcoin amount I got an email about referring friends. Refer people and you both get $10 credits. So I signed up my wife, bought $5 in Ethereum & we both got $10 credits.

So if anyone else is interested in getting a free $10 credit, DM me & I'll send you the link.
Shane

 

[BigRick]

Bad timing... certain people you need to follow twitter... including elon...who know says he will not accept btc for tesla purchases.

 

[Ross tha Reefer]

Doge will be the predominant grower in that race percentage wise I believe...I own 43,xxx


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[decimal]

yea.. I know crypto is the hot hit that has made lots of people wealthy beyond anything they could have ever imagined. I would like to point out that... what's that? South Sea Company you say? Tulips you say? No. That wont ever happen here. We literally have a generation of investors that have never experienced a market crash. This ignorance and boisterous enthusiasm coupled with dreams of riches surly wont be disastrous at all.

 

[foos]

I want to see storj take off. Have an actual service provided as mining.

 

[Stickboy97]

I want to see storj take off. Have an actual service provided as mining.

My bro in law and I discussed setting up a mining machine the other day... just couldn't see how mining would give you the same return as just simply investing.

 

[BigRick]

My bro in law and I discussed setting up a mining machine the other day... just couldn't see how mining would give you the same return as just simply investing.

The cost is too much. You need your own grid..... this is why elon came out against BTC

 

[BigRick]

Basically it requires a lot of electricity being fueled by carbon...

 

[Ross tha Reefer]

He stated that he was looking for a crypto that took less...specifically .1% if I remember correctly. There are two that qualify from what I found and Doge is one....js


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[BigRick]

There is a new one in India also. 2nd largest population... lot of little money gonna add up fast to whale up

 

[Ross tha Reefer]

Which one is that?


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[BigRick]

Which one is that?


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Shiba....also XRP is low consumption... gonna still hodl from .19avg

 

[Stickboy97]

This week has been what makes crypto fun... the ups and downs thrills gamblers (like me). Even though Bitcoin (which I only have $25 in) is way down, all the others are back to either even or higher after a crazy dip this week.

Gotta love it! Wish I had a million $ to play with!

 

[Ross tha Reefer]

I agree [emoji1375]


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[decimal]

What happens to crypto when computing power becomes exponentially more efficient? Say, 5-10 years from now? Will they just become NFT products? Trade hands like paintings or cars?

 

[BigRick]

What happens to crypto when computing power becomes exponentially more efficient? Say, 5-10 years from now? Will they just become NFT products? Trade hands like paintings or cars?

Hey if they still selling for 100s of millions why not.... just wait til everybody got cell phone and internet... its just starting. There's whales.. I like to call myself a shark... now we eat a lot of different things in the big ocean. Cars are trading hands as you speak as people are taking risks and renting them out for income.

 

[BigRick]

This week has been what makes crypto fun... the ups and downs thrills gamblers (like me). Even though Bitcoin (which I only have $25 in) is way down, all the others are back to either even or higher after a crazy dip this week.

Gotta love it! Wish I had a million $ to play with!

ALMOST a crypto millionaire in 4 years. I bought 12 btc at 1100 in feb 2017. Cost me 12,600. ADDED another 5k in March 20 to bring me to 13 btc ADDED 16,700 DIP after 2 days after Thanksgiving to get me to 14 btc .... Oh wait maybe I'm BSing.. or am I.... still gotta cash out to take a profit.... this was money Cody refers to as play money.... im HODL BTC for 200k. I can wait another 10 years as my trading income pays out enough. May not be rich yet but time is coming quick.

 

[webster1234]

For all you crypto traders, this is a gut wrenching chart (bitcoin). What advice do you have? Buy more? Hold whatcha got? Sell?
Just curious what others are doing...

 

[Stickboy97]

They are all getting crushed right now... if you were ever interested, now is the time to watch & get in. If you look back, they always have adjustments, then shoot back up. Crypto isn't going away. Like any investment, buy low.....

 

[webster1234]

The red line is the 200 day moving average. This is the first time it has really tested that line. It will be interesting to see if it holds like it does with the market.