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re: Official CryptoTalk Thread

Posted on 3/10/21 at 9:35 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/10/21 at 9:35 am to
that BNB/ETH chart looking very interesting these days..
Posted by NEMizzou
Columbia MO
Member since Nov 2013
1372 posts
Posted on 3/10/21 at 9:40 am to
quote:

you have to use Binance.us


This is what I use...I have a whopping one month of experience doing this btw, but once you finally get approved to add USD to your account (took me 3 weeks I think) it is pretty user friendly and while not all the different coins are on there most of them are.
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 3/10/21 at 10:10 am to
How's it going for you so far
Posted by SUG
Member since Nov 2015
667 posts
Posted on 3/10/21 at 10:26 am to
nope not cheap, the ledger x is worth every penny imo over the s model
Posted by NEMizzou
Columbia MO
Member since Nov 2013
1372 posts
Posted on 3/10/21 at 10:56 am to
quote:

How's it going for you so far


The big advantage I see are the fees are low (free to deposit money via ACH, and to purchase coins it's something like $.25 for every $50 worth of coins) and I was able to figure out how it works pretty easily. I don't really plan on doing much cashing out at this point but sold some dogecoin just to see how it worked, and selling isn't as easy as buying but was still easy enough that I was able to do it and lock in my $1.25 profit on $50 worth I like their android app as well; it has a wallet button and so basically you can click on the app and it will open up to your current balance in real time. If I have to transfer coin that will be interesting as I have zero experience but I am sure I will be able to figure it out if need be.

I made my first buy on 2/23 and since then I'm up about 10%. I'm a small-timer and just depositing $100-$200 here and there in USD and then buying between $50-$100 in a specific coin, but I have accumulated 10 different coins based upon this thread and I'm sticking with all for the time being.

The drawback would be that not all coins are available but not sure any exchange has them all; Polkadot is a big one that I'd like to buy but can't because binance.us doesn't deal with them and I have enough trouble keeping track of one wallet.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 3/10/21 at 11:08 am to
quote:

nope not cheap, the ledger x is worth every penny imo over the s model


I’m willing to hear why you say this because I can always get an upgrade for Christmas or something
Posted by keakdasneak
Member since Dec 2006
7193 posts
Posted on 3/10/21 at 11:30 am to
Wootie woot Fold card is on the way!



Posted by dagrippa
Saigon
Member since Nov 2004
12094 posts
Posted on 3/10/21 at 11:44 am to
I couldn't sign up for Binance.us in Louisiana. Maybe it's changed since a month or so ago tho.
Posted by SUG
Member since Nov 2015
667 posts
Posted on 3/10/21 at 11:44 am to
its better built not so flimsy.
has pretty much unlimited storage space, better screen
bluetooth capability for mobile trading

if your just holding btc, eth probably not worth it...but if you've got 10 coins and constantly toggling ledger live to get the right app on the ledger S perhaps worth it
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 3/10/21 at 1:04 pm to
quote:

ChuckO1975

It feels like IOTA is nearing an inflection point. After going cold for years some of the old fudsters are warming up and back at it again.
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/10/21 at 3:57 pm to
quote:

What the best exchange for trading alt coins living in the US? Can we use Binance here?



You can if you use a VPN.
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/10/21 at 4:01 pm to
quote:

nope not cheap, the ledger x is worth every penny imo over the s model


Preach it. I HATED the nano S. Always used Trezor instead. Then I got an x, total game changer. No longer have to pick and choose which wallet apps to load, awesome.

I prefer the Trezor Model T, but I don't recommend it to anyone unwilling to use the optional password. It's clear at this point that the hardware will be easily crackable if an adversary steals it and your accounts aren't password generated.
This post was edited on 3/10/21 at 4:01 pm
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/10/21 at 4:02 pm to
quote:

After going cold for years some of the old fudsters are warming up and back at it again.


I know! Been seeing some of that going around lately, taking it as a good sign for now.

IOTA might fail miserably, but at least they are trying to win. Most of these coins aren't trying to actually fulfill a use case at all, but they talk a big game.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 3/10/21 at 5:57 pm to
Kraken is good but you have to show id
Posted by SUG
Member since Nov 2015
667 posts
Posted on 3/10/21 at 10:33 pm to
Try out uniswap or similar defi, yes gas fees are bad but should greatly improve in april. This gives options for liquidity pools via smart contract rather than a centralized exchange. Plus you can get tokens new to market. Use a ledger and metamask acct
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/11/21 at 8:03 am to
quote:

BNB/ETH chart looking very interesting these days..


^
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6959 posts
Posted on 3/11/21 at 12:32 pm to
Anyone that reads this thread own Theta or Theta Fuel? It's been on fire the past several weeks.
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 3/11/21 at 1:36 pm to
Theta


Chz though... hopped on it because of partnerships with soccer clubs and ufc
This post was edited on 3/11/21 at 2:00 pm
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6959 posts
Posted on 3/11/21 at 2:32 pm to
Make sure you get some Theta Fuel while you're at it. This crypto is going to shock everyone, if it hasn't already. Bought Theta in the fall of 2018 at 0.139 each and have averaged UP and still making a killing.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 3/11/21 at 3:38 pm to
What does it do? Consensus mechanism? Scalability? What differentiates it from the other 1000s of coins out there?
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