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Started By
Message
Crypto - are you still invested?
Posted on 11/16/22 at 2:13 pm
Posted on 11/16/22 at 2:13 pm
If you are you’d be wise to GTFO while you can.
36
Posted on 11/16/22 at 2:27 pm to mytigger
Why? I heard there is great opportunity right now for some exciting startup called fty or ftx or something. You could supposedly increase any investment by 10 fold in 1 year.
Posted on 11/16/22 at 2:31 pm to mytigger
Nope, got out around like 35 or so, thank god. A 20k lesson learned but could have been so much worse.
Posted on 11/16/22 at 2:57 pm to mytigger
Last year I literally bought 1 share of coin base just to follow the industry.
I’m glad I did not load up.
I’m glad I did not load up.
Posted on 11/16/22 at 3:03 pm to mytigger
I do, but that's because I forgot I had some Bitcoin in voyager. Found out when I decided to start reading all the emails from them and found out I have a very small balance. Apparently dropped $2k in several years ago and have roughly 0.1 coins. Can't get it out because of their reorganization filing; ironically looked like it was going to get cashed out until FTX filed for bankruptcy themselves.
Posted on 11/16/22 at 3:15 pm to mytigger
quote:
If you are you’d be wise to GTFO while you can.
Nah. I'm DCAing.
We're at peak fear right now, but the fundamentals of the good projects haven't changed. When the teams stop building, or when the technology stops being developed, I'll consider leaving.
Posted on 11/16/22 at 3:17 pm to mytigger
If you only invest in a bull market....
Posted on 11/16/22 at 3:42 pm to mytigger
Pulse, launching in May.
10,000% returns!!!!
10,000% returns!!!!
Posted on 11/16/22 at 3:44 pm to makersmark1
quote:samesies. bought it 10 minutes before it crashed. $429 or something.
Last year I literally bought 1 share of coin base
Posted on 11/16/22 at 3:53 pm to finchmeister08
quote:
$429 or something.
shite
Posted on 11/16/22 at 4:02 pm to mytigger
quote:
If you are you’d be wise to GTFO while you can.
Yes. Let's revisit in 18 months. Bookmarked.
Posted on 11/16/22 at 4:04 pm to mytigger
Within the last few months I’ve committed 1-2% of my portfolio to it. Right now my crypto holdings are 55% bitcoin/45% matic.
Bitcoin, eth, and matic is all I would advise anyone to invest in right now.
Bitcoin, eth, and matic is all I would advise anyone to invest in right now.
Posted on 11/16/22 at 4:19 pm to mytigger
I put a little in to keep me interested enough to keep up with it.
Only BTC though. Never went into the shite coins as that was just so obviously scammy.
All that to say no idea what FTX is/was but have read about what happened.
Have considered actually getting a wallet now instead of using Coinbase and have been thinking about buying a bit more BTC.
Only BTC though. Never went into the shite coins as that was just so obviously scammy.
All that to say no idea what FTX is/was but have read about what happened.
Have considered actually getting a wallet now instead of using Coinbase and have been thinking about buying a bit more BTC.
This post was edited on 11/16/22 at 4:21 pm
Posted on 11/16/22 at 4:51 pm to MrSpock
quote:
Yes. Let's revisit in 18 months. Bookmarked.
Things will be worse in 18 months
Or they’ll be a lot better like if Putin saves us or something
Posted on 11/16/22 at 4:58 pm to el Gaucho
quote:
Things will be worse in 18 months
Or they’ll be a lot better like if Putin saves us or something
So things will go up or down.
This post was edited on 11/16/22 at 5:15 pm
Posted on 11/16/22 at 5:17 pm to mytigger
I started investing just before the wreck in 2007 and have largely listened to Warren Buffet advice of buy great American companies whenever they are down and invest in what you know.
I freely admit I don’t understand crypto and have avoided it. Instead I will stick to things I understand like low cost index funds and my own unfulfilled potential.
I freely admit I don’t understand crypto and have avoided it. Instead I will stick to things I understand like low cost index funds and my own unfulfilled potential.
Posted on 11/16/22 at 5:29 pm to mytigger
Have about 200k in ETH/BTC. Won't be selling for years
Posted on 11/16/22 at 5:55 pm to mytigger
quote:Yes. I've gone through this four times now previously, so my "vomitility index" is very low. I've also never owned/traded anything other than Bitcoin/ETH and I keep everything on a Trezor. I suppose I also owned Bitcoin Cash/SV when it was air dropped, but I converted that quickly.
If you are you’d be wise to GTFO while you can.
Posted on 11/16/22 at 6:06 pm to mytigger
Yep. Everyone learns the hard way there is only Bitcoin.
The rest is gambling (and I do it).
The rest is gambling (and I do it).
Posted on 11/16/22 at 6:22 pm to mytigger
Does anyone really “invest” in crypto around here?
I think it’s more of a trading vehicle. Investing takes some understanding of valuation and crypto currencies really Don’t have any material value.
I think it’s more of a trading vehicle. Investing takes some understanding of valuation and crypto currencies really Don’t have any material value.
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