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re: Bought Ripple at $1.40 yesterday - what should I do?

Posted on 12/31/17 at 7:53 pm to
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16305 posts
Posted on 12/31/17 at 7:53 pm to
So I have to set up two different online accounts to purchase it?
Posted by LSUneaux
NOLA
Member since Mar 2014
4487 posts
Posted on 12/31/17 at 8:05 pm to
Yes. You can't use U.S. dollars on Binance. So you need to buy one of the big 3 on Coinbase with your USD, then transfer to Binance. Both just take a few minutes to set up account. Nothing arduous.

I recommend NOT buying Bitcoin though, because it took me 3.5 hours to send my bitcoin from Coinbase to Binance. Ethereum is the fastest.

Also, starting tomorrow, ALL transfers will be taxable events, so you'll need to keep track of everything you do. All your buys, sells, and transfers.
This post was edited on 12/31/17 at 8:07 pm
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16305 posts
Posted on 12/31/17 at 8:09 pm to
Just looking on Coinbase, the fees look high. Would it be worth it for someone to just invest a few hundred dollars and enjoy the ride? I would probably try to buy some of the smaller priced ones also just to see what happens.
Posted by LSUneaux
NOLA
Member since Mar 2014
4487 posts
Posted on 12/31/17 at 8:11 pm to
A lot of people are high on the long term of Omisego (OMG). You can get that on Binance.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 12/31/17 at 9:26 pm to
quote:

LSUSUPERSTAR
Create a GDax account, then you can send from Coinbase to GDax for free, then GDax has lower fees to send to Binance or Bittrex.

quote:

I would probably try to buy some of the smaller priced ones also just to see what happens.
XLM, TRX, OMG, REQ, PAY, LINK, SALT, QSP, VXG are some that people are in
Posted by rhanse1lsu
Member since Jun 2014
56 posts
Posted on 1/1/18 at 12:54 pm to
Could I get an invite to the telegram? Rhanse1lsu. TIA!
Posted by TigerDeBaiter
Member since Dec 2010
10258 posts
Posted on 1/1/18 at 1:37 pm to
quote:

what should I do?


Sell and buy XLM
Posted by Codythetiger
Arkansas
Member since Nov 2006
27557 posts
Posted on 1/1/18 at 1:41 pm to
I got XLM @ .28

At .50 is it worth to keep pumping?
Posted by TigerDeBaiter
Member since Dec 2010
10258 posts
Posted on 1/1/18 at 2:48 pm to
I bought around .33

I’m holding and think it could get some traction and pull a ripple kind of move next week
Posted by bayoubengals88
LA
Member since Sep 2007
18895 posts
Posted on 1/1/18 at 3:49 pm to
If you look at the price movement and chart this is sustained growth (for a crypto).
Stellar has more investors than moonboys and everything about their money transfer strategy seems beneficial for everyone involved.
Faster, cheaper, and decentralized.

If it helps your decision making at all I’m looking at an eleven bagger currently, yet not all that tempted to sell. In fact, I’ve got another buy order set around .45
This post was edited on 1/1/18 at 3:51 pm
Posted by nager
Member since Nov 2015
83 posts
Posted on 1/1/18 at 7:28 pm to
How is one get added to the telegram group? I would like to be added.
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