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re: Official CryptoTalk Thread

Posted on 5/10/21 at 4:20 pm to
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 5/10/21 at 4:20 pm to
quote:

damn. I'm glad I've stayed away from any voyager deposits
they still haven’t taken money out of my bank account from the deposit I made on 4/30. The 2nd deposit that I made on 5/1 has cleared and I already moved that money out of there.
Posted by ronricks
Member since Mar 2021
11230 posts
Posted on 5/10/21 at 4:36 pm to
quote:

damn. I'm glad I've stayed away from any voyager deposits


Been getting an email every other day with services interruptions notices

What an awful service Voyager is.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/10/21 at 5:00 pm to
damn, they really had the perfect opportunity to steal away some of the US coinbase dominance

Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11542 posts
Posted on 5/10/21 at 8:09 pm to
What's the appeal of Celcius? Voyager has more coins available to buy and better interest rates? It does look better than Coinbase other than less coins.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/10/21 at 8:11 pm to
I like the weekly rewards on Celsius
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11542 posts
Posted on 5/10/21 at 8:41 pm to
quote:


I like the weekly rewards on Celsius


I do like that vs the monthly rewards. It's hard to hold for an entire month. I want to swing trade.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/10/21 at 8:59 pm to
Celsius is really more of a wallet and banking platform than exchange, you just get to buy some tokens there, too.

ETA: I’ll also suggest you look at withdrawal limits.

Voyager limits you to 25k per day. It may not seem like a big deal but if you ever hit it big, it will be
This post was edited on 5/10/21 at 9:04 pm
Posted by Nonetheless
MAGA
Member since Jan 2012
34392 posts
Posted on 5/10/21 at 9:06 pm to
quote:

Massive dips in every crypto..that’s wild

that was very wild.
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/10/21 at 9:43 pm to
Sup with icp?
Posted by lsu777
Lake Charles
Member since Jan 2004
37006 posts
Posted on 5/10/21 at 10:30 pm to
I use 3 commas to make all trades, this allows me to keep track of all trades, profits and loses
This post was edited on 5/11/21 at 7:23 am
Posted by Future Islands
Member since May 2020
64 posts
Posted on 5/11/21 at 8:18 am to
(no message)
This post was edited on 5/18/21 at 9:51 am
Posted by ronricks
Member since Mar 2021
11230 posts
Posted on 5/11/21 at 8:35 am to
I really wanted to like Voyager but I had enough and took all my btc off there last week. I am researching Celsius looks very promising and like the 'bank' aspect of it. Haven't downloaded the app yet and am trying to figure out how easy it is to buy crypto on there (for example simply linking a bank account like CB) and what coins are available. Searches get conflicting info from various articles.
This post was edited on 5/11/21 at 8:50 am
Posted by lsu777
Lake Charles
Member since Jan 2004
37006 posts
Posted on 5/11/21 at 8:44 am to
i mean Ill be honest on what my opinion is for these things

-funding...go through CB and CB pro.

-exchange- Kucoin- by far the best exchange for US citizens. Most coins, most options etc

- staking- Celsius is prolly best. Not sure what kind of portfolio you have but the returns on btc and eth are pretty damn good, especially if you are holding anyways. Its all unrealized as far as tax purposes. Plus the stable coin return rates are fricking stupid. Honestly everyone should have their savings in there other than an a small emergency fund(honestly just use a damn credit card for that) because 12.5% is stupid returns on a stablecoin.

I mean frick 12.5 is not a bad year in the market tradionally and thats for doing nothing.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/11/21 at 8:56 am to
check you discord blue
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/11/21 at 9:02 am to
Buying on Celsius is a little more cumbersome than coin base and I agree with lsu777s assessment unless you want to just avoid transferring assets as much as possible.

I use coinbase (pro) as my fiat on/off ramp and Celsius as my “bank”.
Posted by Tiger1242
Member since Jul 2011
33111 posts
Posted on 5/11/21 at 9:09 am to
How exactly does staking work?
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/11/21 at 9:16 am to
CE, post your referral for Celsius
Posted by WG_Dawg
Member since Jun 2004
89827 posts
Posted on 5/11/21 at 9:24 am to
I'm not familiar with celsius but this thread is getting me intrigued. Is there a minimum amoutn of eth/btc you have to have in there to begin getting rewards?

as far as the 12% return on stablecoins...am I understanding right that I can just use regular us dollars from my checking account and buy USDC with it, then have it sit there in celsius and make 12% interest on it? That almost sounds like a "too good to be true" situation..waht's the catch?
Posted by castorinho
13623 posts
Member since Nov 2010
87020 posts
Posted on 5/11/21 at 9:24 am to
Any ETH bulls in here?



The above just does not seem sustainable in the long run to me. Do they have a plan to address that? Or is my premise false.
Posted by WG_Dawg
Member since Jun 2004
89827 posts
Posted on 5/11/21 at 9:29 am to
quote:

The above just does not seem sustainable in the long run to me. Do they have a plan to address that?


I'm not super informed here but isn't the London thing that's happenign in July significantly decrease the gas fees? I thought that was the big deal about it when it was announced.
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