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re: Official CryptoTalk Thread
Posted on 4/8/21 at 3:58 pm to TigerTatorTots
Posted on 4/8/21 at 3:58 pm to TigerTatorTots
quote:
Its quite amazing how many people dabbling in crypto have no clue how circulating supply affects price.
thats the typical mindset of the retail normie though. i really wish wed switch the bitcoin denomination standard
for example, you can get 1,000,000 sats for under $600 bucks right now, which sounds much more attractive as an investment than saying, 0.01000000 of a BTC... even though its the same thing
This post was edited on 4/8/21 at 4:04 pm
1
Posted on 4/8/21 at 4:03 pm to rocket31
quote:Yea I've been in the camp for a couple years now. I knew once BTC price rose to the tens of thousands, spending $1000+ and only getting 0.02 of a whole coin would be a major deterrent to newcomers. Buying a couple millions sats is so much easier on the human mind
for example, you can get 1,000,000 sats for under $600 bucks right now, which sounds much more attractive of an investment for a newcomer
Posted on 4/8/21 at 4:07 pm to TigerTatorTots
quote:
Buying a couple millions sats is so much easier on the human mind
this can not be underestimated. the idea that one can be a "sats millionaire" for under $600 is very appealing.
i also think this explains half of the reasoning behind coins like XRP and ADA becoming so popular
Posted on 4/8/21 at 4:18 pm to rocket31
Buying cheap alt coins is amateurish but it can work very well as a gamble.
Since 2019 when I get a bonus/extra money I just sort by price on binance and buy the cheapest coin until I get 250K of them ....it is nuts to be sitting on VET & VTHO right now looking at where I got in.
Since 2019 when I get a bonus/extra money I just sort by price on binance and buy the cheapest coin until I get 250K of them ....it is nuts to be sitting on VET & VTHO right now looking at where I got in.
Posted on 4/8/21 at 5:19 pm to Rsande63
agreed and I think almost everyone starts off by trading with shitcoins in the beginning
Posted on 4/8/21 at 5:24 pm to rocket31
SEC commissioner Hester Peirce: "I don't see how you could ban it. It would be a foolish thing for the government to try. A bigger problem is we'd be missing out on the innovation around Bitcoin"
fwiw
Posted on 4/8/21 at 5:32 pm to rocket31
anyone remember people freaking about about that slight downward move
Thst move lasted less than a day and we are back
Thst move lasted less than a day and we are back
Posted on 4/8/21 at 5:49 pm to rocket31
quote:
idk if a bnb krewe exists on here but we are looking mighty fine lately
Posted on 4/8/21 at 5:53 pm to rocket31
quote:
agreed and I think almost everyone starts off by trading with shitcoins in the beginning
Most definitely, I learnt. I'm 97% btc and 3% bnb now. Thinking of going a little more on bnb though.
Posted on 4/8/21 at 6:25 pm to TigerTatorTots
Just bought 3 Ethereum coins
What else should I get?
Saw that I sold the same 3 ethereum coins for 240 a few years ago
What else should I get?
Saw that I sold the same 3 ethereum coins for 240 a few years ago
Posted on 4/8/21 at 6:33 pm to SDVTiger
Buy low sell high. That’s what I always do anyway
Posted on 4/8/21 at 6:35 pm to jimbeam
Can someone explain File Coin to me? Is anyone in on it?
Is anyone in on it? Posted on 4/8/21 at 6:42 pm to jimbeam
Well I definitely didnt take advantage of that strategy
What other coins?
I have coin base so I saw litecoin on the
Is everyone on that LINK coin?
What other coins?
I have coin base so I saw litecoin on the
Is everyone on that LINK coin?
Posted on 4/8/21 at 7:29 pm to 21JumpStreet
quote:
going a little more on bnb though.
it's an assassin
Posted on 4/8/21 at 10:07 pm to pensacola
quote:
When staking Hydra on KuCoin, what is the period of lockup? I couldn’t find this on their site.
1 day
Posted on 4/8/21 at 10:16 pm to SDVTiger
I'm betting some on litecoin, dot, link
This post was edited on 4/8/21 at 10:18 pm
Posted on 4/8/21 at 11:09 pm to down time
Posted on 4/9/21 at 2:22 am to VoxDawg
Not for anybody in particular, but what is the best platform for buying these speculative coins? I have coinbase, but most of the ones y'all are mentioning aren't available to purchase there. I'm very new to the crypto game and don't have a lot invested because I'm slowly making my way in. Right now I own some fractional shares of bitcoin, litecoin, ethereum, and own about $800 split between ANKR, OXT, and DNT
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