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Started By
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re: Official CryptoTalk Thread
Posted on 4/13/21 at 2:50 pm to RATeamWannabe
Posted on 4/13/21 at 2:50 pm to RATeamWannabe
I should have bought more IOTA last night.
1
Posted on 4/13/21 at 3:23 pm to Douglas Quaid
Does anyone know how I can get verified on the normal binance app without a foreign ID?
Posted on 4/13/21 at 4:09 pm to down time
i honestly don't even know who to buy crypto
Posted on 4/13/21 at 4:20 pm to down time
quote:
Does anyone know how I can get verified on the normal binance app without a foreign ID?
I used to trade on Binance but when they shut down US customers I moved all my shite off to cold storage. There was no ID required back then. I don't know what the answer is now. Perhaps you wouldn't need ID if you use a VPN and say you are not a US citizen.
Just be aware that the IRS is not pretending crypto doesn't exist. If you eventually want to convert that crypto to fiat you may have to explain where it came from.
Posted on 4/13/21 at 4:33 pm to down time
Seriously just take it off binance.com.
They could freeze your account if they think you’re an American using a vpn.
May not be a big deal if you’re a hobbyist, but if you’re trading 5 digits or more, I’d probably just follow the rules.
They could freeze your account if they think you’re an American using a vpn.
May not be a big deal if you’re a hobbyist, but if you’re trading 5 digits or more, I’d probably just follow the rules.
This post was edited on 4/13/21 at 4:37 pm
Posted on 4/13/21 at 4:35 pm to RATeamWannabe
quote:No bitcoin? Son I'm a disappoint.
Pick up some Chainlink, Uni, Sushi, LTC, and ETH on coinbase.
Posted on 4/13/21 at 4:38 pm to Ross
quote:And when we "crash" from $150k to $100k, they will be the same people that come and say "told you it was going to crash!!!"
They’ll be spouting the same shite at 100k then at 250k and so on and so on
Posted on 4/13/21 at 4:43 pm to TigerTatorTots
Bitcoin could drop 50% and still be at nearly a 10x on the last year or so
Posted on 4/13/21 at 5:48 pm to TigerTatorTots
quote:
Really need Coinbase, Gemini, or kraken to start carrying VET so I can sell it. Hoping to ride the wave until then
quote:
quote:
Have you looked at gate.io?
nope, I have KYCed my info across 7 exchanges over the years. Not doing any new ones that require ID to trade
TigerTatorTots - may have figured out another option for you. I have never used it and don't really know anything about it, but Atomic Wallet could be an option for you to sell your VET if you so choose. I read something about it being a Binance work-around. If you end up using it, I'll be curious to know if you like it. Good luck
Posted on 4/13/21 at 6:04 pm to TigerBite
NTY.
I know most on here didn't really have much positive to say about charts, but support and resistance are pretty important to me to pick future buys, and selling covered calls.
I'm seeing first level (eta, support, not resistance) on BTC at about $60,800, and first level resistance at $64,600.
I'm trading around the BTC I own, buying more when warranted, and selling covered calls to generate income. All based on support and resistance, and every day I've posted, I've generated income.
I know most on here didn't really have much positive to say about charts, but support and resistance are pretty important to me to pick future buys, and selling covered calls.
I'm seeing first level (eta, support, not resistance) on BTC at about $60,800, and first level resistance at $64,600.
I'm trading around the BTC I own, buying more when warranted, and selling covered calls to generate income. All based on support and resistance, and every day I've posted, I've generated income.
This post was edited on 4/13/21 at 6:19 pm
Posted on 4/13/21 at 6:26 pm to Iowa Golfer
What are you using to sell covered calls exactly?
Posted on 4/13/21 at 6:42 pm to TigerTatorTots
quote:
And when we "crash" from $150k to $100k, they will be the same people that come and say "told you it was going to crash!
it will be trading at $500k and then crash to $350k, "see guys DAVE RAMSEY WAS RIGHT ALL ALONG, you deserve this!!!"
Posted on 4/13/21 at 6:42 pm to TigerTatorTots
quote:
And when we "crash" from $150k to $100k, they will be the same people that come and say "told you it was going to crash!!!"
i member back in the higher triple digit pages of this thread about 2 years ago when folks kept posting TIMBERR!!! when btc dropped like 4% back when it was sub 10K. I wonder how they are feeling about nowadays
Posted on 4/13/21 at 7:50 pm to TigerBite
At this point I may just hold my VET as a way to enjoy alt szn since I sold pretty much everything else for bitcoin.
Posted on 4/13/21 at 8:24 pm to TigerTatorTots
Posted on 4/13/21 at 8:30 pm to rocket31
man, alts sure are taking off tonight.
Posted on 4/13/21 at 8:32 pm to finchmeister08
holy hell VET is a monster right now, congrats
Posted on 4/13/21 at 8:50 pm to LSUtoOmaha
quote:
What are you using to sell covered calls exactly?
LedgerX. I keep BTC there, so the calls are covered. BTC is deliverable on LedgerX. CFTC regulated, and no counterparty risk.
I also use Interactive Brokers to sell their 5 BTC contracts. These are all cash settled. All these mainstream future's contracts and options are also CFTC regulated, and no counterparty risk.
So as an example, the last several days I've purchased on the spot market, and immediately sold the 4/21 futures contract for a higher price. Or I sell covered calls. Whichever yields more. Lately the first scenario has due to contango.
You can do the futures contracts (5 BTC) on any platform, including Etrade and ToS. LedgerX lets you trade 1/100 futures and options.
On LedgerX I'm long calls, $5,000 strike on 12/31/2021 BTC and $5,000 strike on 12/31/2022 BTC. I'm in the money on those. Big time.
@ downvotes when I post about this. To each their own. I'm going to keep doing it until it stops working, and I'll still own BTC, and still have protective puts to guaranty my gains. eta. ETH almost breaching $2,300 this evening. I'm long calls $1,500 strike.
This post was edited on 4/13/21 at 8:53 pm
Posted on 4/13/21 at 9:52 pm to Iowa Golfer
I swear if link hits ath then dumps $2 I’m gonna be furious
Posted on 4/13/21 at 9:54 pm to Iowa Golfer
quote:
So as an example, the last several days I've purchased on the spot market, and immediately sold the 4/21 futures contract for a higher price. Or I sell covered calls. Whichever yields more. Lately the first scenario has due to contango.
yeah, we have had ~25% "risk-free" contango play for a while now just by being market neutral and these people are yelling to me about 16% lol
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