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OT any of you investing in Cryptocurrencies?

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Stannis
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Re: OT any of you investing in Cryptocurrencies? 

Post#1561 » by Stannis » Fri Feb 12, 2021 6:22 pm

Grinditout wrote:
Stannis wrote:
Grinditout wrote:Mastercard/twitter getting into the Bitcoin space soon. Momentum building.

I'm not doubting that this can drop 75% again in the future, but it might be a while imo. So much momentum building. Millionaires and billionaires buying in.

I just think these alt-coins and now meme coins will bite people in the ass. I was at a bar last night, and a group of hipsters were talking about dogecoin and how it's the future currency because younger people like memes or some crap.

I'm still mostly Bitcoin and Ethereum.

Btc and eth are the safest bets, though at this point, the potential returns are lower than say a small cap coin where you could possibly 100x an investment


It's hard for me to buy something when I see it go up 500% in the last month. I know you can always go higher.

But I really still don't understand blockchain and crypto atm. I'm trying to read up when I have time so I can make some money like you guys.

atm, I'm in crypto mostly as a hedge in case the dollar crashes or something. I would like my portfolio to be 10% BTC/ETH. I have some DOT as well.

Stuff moves so damn fast in this crypto world lol. Already doubled my investment in DOT and not sure if I should take profits or not, since I don't really know how to valuate this kinda stuff.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1562 » by knickfan » Fri Feb 12, 2021 9:16 pm

Almost everything is bullish.. you have a ton of people gettin money from the govt that just push it into the stocks or crypto. I've got some "play" money in there that does nothing but grow due to the current state of things. Can't see how it's sustainable though, something's gotta burst somewhere. There just isn't enough for everyone.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1563 » by Stannis » Fri Feb 12, 2021 10:12 pm

Big banks supposedly exploring Crypto.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1564 » by Grinditout » Sat Feb 13, 2021 2:19 am

knickfan wrote:Almost everything is bullish.. you have a ton of people gettin money from the govt that just push it into the stocks or crypto. I've got some "play" money in there that does nothing but grow due to the current state of things. Can't see how it's sustainable though, something's gotta burst somewhere. There just isn't enough for everyone.

You'll see alot of people take profits from altcoins and put them into for Btc and Eth. Wouldn't be surprised if that happens soon and you see prices drop on alot of these smaller coins. The big names should be relatively less volatile
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Re: OT any of you investing in Cryptocurrencies? 

Post#1565 » by BentleyMccarthy » Sun Feb 14, 2021 2:09 pm

Nowadays, it is possible with the help of paybis buy bitcoin in minutes. Now paybis is equipped with various functions, including exchange of money for various cryptocurrencies, not only bitcoins.

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Re: OT any of you investing in Cryptocurrencies? 

Post#1566 » by NYKinMIA » Sun Feb 14, 2021 3:36 pm

BentleyMccarthy wrote:Nowadays, it is possible with the help of paybis buy bitcoin in minutes. Now paybis is equipped with various functions, including exchange of money for various cryptocurrencies, not only bitcoins.

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Re: OT any of you investing in Cryptocurrencies? 

Post#1567 » by Garbagelo » Mon Feb 15, 2021 9:05 pm

someone just bought 5.8 billion $ in bitcoin earlier

same wallet
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Re: OT any of you investing in Cryptocurrencies? 

Post#1568 » by KnixtapeH20 » Mon Feb 15, 2021 11:10 pm

Garbagelo wrote:someone just bought 5.8 billion $ in bitcoin earlier

same wallet

Where did you hear that?

The dip was expected, bunch of people had sells at 50 or right around 49. It was so close to 50 and people grabbed the instant profit.

I sold and bought back at 46. Was risky but I was watching.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1569 » by Grinditout » Tue Feb 16, 2021 5:02 am

Mark my words, btc will hit 100k this year(barring another covid level event).
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Re: OT any of you investing in Cryptocurrencies? 

Post#1570 » by knickfan » Tue Feb 16, 2021 11:34 pm

KnixtapeH20 wrote:The dip was expected, bunch of people had sells at 50 or right around 49. It was so close to 50 and people grabbed the instant profit.

I sold and bought back at 46. Was risky but I was watching.


Smart people, smart move. You've got to pay attention to it all times though. It 50 at like what? 7am EST? Not many people up then.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1571 » by KnixtapeH20 » Wed Feb 17, 2021 5:55 am

knickfan wrote:
KnixtapeH20 wrote:The dip was expected, bunch of people had sells at 50 or right around 49. It was so close to 50 and people grabbed the instant profit.

I sold and bought back at 46. Was risky but I was watching.


Smart people, smart move. You've got to pay attention to it all times though. It 50 at like what? 7am EST? Not many people up then.

Yea exactly 7:30am lol
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Re: OT any of you investing in Cryptocurrencies? 

Post#1572 » by KnixtapeH20 » Wed Feb 17, 2021 7:34 am

Just crossed 51 about 10 min ago or so
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Re: OT any of you investing in Cryptocurrencies? 

Post#1573 » by Grinditout » Wed Feb 17, 2021 3:06 pm

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Re: OT any of you investing in Cryptocurrencies? 

Post#1574 » by Stannis » Wed Feb 17, 2021 8:19 pm

Blackrock thinking about dabbling in Bitcoin.

This is only the beginning...
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Re: OT any of you investing in Cryptocurrencies? 

Post#1575 » by NYKinMIA » Wed Feb 17, 2021 8:50 pm

Stannis wrote:Blackrock thinking about dabbling in Bitcoin.

This is only the beginning...

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Re: OT any of you investing in Cryptocurrencies? 

Post#1576 » by Grinditout » Wed Feb 17, 2021 9:09 pm

52k easy money. Next challenge probably 54-55
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Re: OT any of you investing in Cryptocurrencies? 

Post#1577 » by Garbagelo » Wed Feb 17, 2021 9:47 pm

I am still most bullish on DOT and will continue to be as I see more and more actual apps being built on top of it. Definitely more bullish on it over ADA, which is vaporware to me at this point. Binance is a wild card as well and I am bullish on them due to the people that think they missed the boat on ETH Defi platforms. Other dark horse candidates to get into this field is Elrond, Avalanche, and Solana.

However once ETH fixes their scaling and fee structure, I do not see an actual challenger. DOT will still be good because they are building alongside ETH.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1578 » by Grinditout » Wed Feb 17, 2021 9:57 pm

Garbagelo wrote:I am still most bullish on DOT and will continue to be as I see more and more actual apps being built on top of it. Definitely more bullish on it over ADA, which is vaporware to me at this point. Binance is a wild card as well and I am bullish on them due to the people that think they missed the boat on ETH Defi platforms. Other dark horse candidates to get into this field is Elrond, Avalanche, and Solana.

However once ETH fixes their scaling and fee structure, I do not see an actual challenger. DOT will still be good because they are building alongside ETH.

That's why I think ETH is pretty undervalued right now. I guess it depends how much faith you have in the development
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Re: OT any of you investing in Cryptocurrencies? 

Post#1579 » by AmaresKnees » Wed Feb 17, 2021 10:19 pm

Just dipping my toes into Crypto - what are ya'll recommendations for hardware wallets? Was going to go Ledger, but I learned about the hack last year and now I am wavering.
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Re: OT any of you investing in Cryptocurrencies? 

Post#1580 » by Garbagelo » Wed Feb 17, 2021 11:56 pm

AmaresKnees wrote:Just dipping my toes into Crypto - what are ya'll recommendations for hardware wallets? Was going to go Ledger, but I learned about the hack last year and now I am wavering.


Trezor is a good alternative

Ledger is still the best the hack did not affect the actual wallet itself

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