- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Looking into Crypto
Posted on 12/10/24 at 2:12 pm
Posted on 12/10/24 at 2:12 pm
Thinking about jumping into crypto.
What advice would you give?
What are the pros and cons of getting into Crypto?
What source would you recommend following for crypto?
What advice would you give?
What are the pros and cons of getting into Crypto?
What source would you recommend following for crypto?
14
Posted on 12/10/24 at 2:22 pm to baseballcoach23
At this point, your question is equivalent to "Looking into the history of humankind. Where do I start?"
Seriously.
Seriously.
Posted on 12/10/24 at 2:26 pm to baseballcoach23
The standard answer is “The Bitcoin Standard”
Posted on 12/10/24 at 2:52 pm to baseballcoach23
MT Crypto Thread
It's on the first page has 2100+ pages of reading material.
It's on the first page has 2100+ pages of reading material.
This post was edited on 12/10/24 at 2:52 pm
Posted on 12/10/24 at 4:15 pm to baseballcoach23
The Bitcoin Standard--Saif
Broken Money--Lyn Alden
LINK
Buy a little btc then read those^ and start listening to Preston's show. Then you'll buy more. There are only two kinds of crypto, btc and shitcoins, and there are two kinds of shitcoins, fast and slow rug pulls. They all trend to zero against btc over time. A blockchain is nothing more than a very inefficient database. The only rational use case for it is as digital money, aka bitcoin.
This post will get downvoted by the shitcoiners on rant but if you put the requisite work into studying btc, finance, central banking and monetary history you will come to the same conclusion. GL
Broken Money--Lyn Alden
LINK
Buy a little btc then read those^ and start listening to Preston's show. Then you'll buy more. There are only two kinds of crypto, btc and shitcoins, and there are two kinds of shitcoins, fast and slow rug pulls. They all trend to zero against btc over time. A blockchain is nothing more than a very inefficient database. The only rational use case for it is as digital money, aka bitcoin.
This post will get downvoted by the shitcoiners on rant but if you put the requisite work into studying btc, finance, central banking and monetary history you will come to the same conclusion. GL
Posted on 12/10/24 at 4:43 pm to Art Blakey
Man, I love BTC maxis. So blind to the potential of the broader picture.
Posted on 12/10/24 at 7:24 pm to baseballcoach23
What exchange is best to buy on?
Posted on 12/10/24 at 7:43 pm to baseballcoach23
I would first ask why you are buying crypto in the first place. Especially if you don't understand anything about it.
Extremely volatility and extremely risky securities usually don't end well unless you understand the risks.
Extremely volatility and extremely risky securities usually don't end well unless you understand the risks.
Posted on 12/10/24 at 8:15 pm to UltimaParadox
[embed]I would first ask why you are buying crypto in the first place. Especially if you don't understand anything about it.
Extremely volatility and extremely risky securities usually don't end well unless you understand the risks.[/embed]
That's a lie, not securities.
Bigger risk missing out
Extremely volatility and extremely risky securities usually don't end well unless you understand the risks.[/embed]
That's a lie, not securities.
Bigger risk missing out
This post was edited on 12/10/24 at 8:16 pm
Posted on 12/10/24 at 8:24 pm to boomtown143
quote:
Bigger risk missing out
Really ?
There are other investments besides crypto.
Posted on 12/10/24 at 8:26 pm to baseballcoach23
Are you interested in it as a fomo type trade or do you have interest in owning it as an investment?
Very understandable if the former as that’s what bitcoin is- a trade. I’ve done it myself and made money.
If the latter, ask yourself,
-where would your life be if it went to zero or if it had just didn’t exist. If the answer is that it would not impact you then question whether that is something you want to “invest” in because the answer indicates that it’s not an investment at all.
Very understandable if the former as that’s what bitcoin is- a trade. I’ve done it myself and made money.
If the latter, ask yourself,
-where would your life be if it went to zero or if it had just didn’t exist. If the answer is that it would not impact you then question whether that is something you want to “invest” in because the answer indicates that it’s not an investment at all.
This post was edited on 12/11/24 at 7:12 am
Posted on 12/10/24 at 8:30 pm to SlidellCajun
quote:
Really ?
There are other investments besides crypto.
Never said there wasnt and not saying throw everything in.
but it's stupid to not put something in.
Posted on 12/10/24 at 8:37 pm to baseballcoach23
Go for one that doesn't require power or electronic communication/devices to use so that you can use it when all hell breaks loose.
Posted on 12/10/24 at 8:41 pm to notsince98
quote:
Go for one that doesn't require power or electronic communication/devices to use so that you can use it when all hell breaks loose.
You must be a boomer
Ridiculous advice from most in here
This post was edited on 12/10/24 at 8:44 pm
Posted on 12/10/24 at 8:57 pm to boomtown143
quote:
but it's stupid to not put something in.
This is the kind of post that brings the level of integrity down in a thread. Calling it stupid is an indictment of another person’s appetite for risk and completely unwarranted.
Lots of people made money in Nvidia in the past few years including yours truly. Is it stupid to not buy some stock in nvidia now?
Posted on 12/10/24 at 9:07 pm to SlidellCajun
Is he asking about Nvidia?
Posted on 12/10/24 at 9:08 pm to Billy Blanks
quote:
What exchange is best to buy on?
I'm on Robinhood and I like it
Posted on 12/10/24 at 9:13 pm to boomtown143
Don't engage, it will turn into another Slidell thread where he brings up the same 120312 points and will never listen to a thing you say
Posted on 12/10/24 at 9:16 pm to boomtown143
quote:
Is he asking about Nvidia?
I’m making a relative case.
Why does he want to invest in crypto?
Just because it’s going up?
That same rationale can be made for other things but doesn’t necessarily make it smart.
If it’s just a fomo trade with relatively small sum then I say go for it but be careful. It’s a trade and could make sense in the overall trade or investment practice.
If he wants to put significant relative money into it, be even more careful.
Just be honest as to why you want in and go from there.
Posted on 12/10/24 at 9:41 pm to TigerTatorTots
We need a fiat board for the boomers.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News