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re: Official CryptoTalk Thread

Posted on 5/15/21 at 8:36 am to
Posted by ApexTiger
cary nc
Member since Oct 2003
56357 posts
Posted on 5/15/21 at 8:36 am to
which website do you all recommend for making trades?

if Crypto investing?

Coinbase?

Thoughts on Robinhood?

if trading in general, what do you recommend to park money and then make investments?

thank you
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5586 posts
Posted on 5/15/21 at 8:39 am to
Don’t do robinhood.

Coinbase pro is good

Kucoin seems to be good as well and has some of the smaller caps

Voyager has a great interface and potential but they have lots of kinks to work out
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/15/21 at 8:42 am to
Robinhood owns the crypto you "buy". Do not use it.
Posted by Powerman
Member since Jan 2004
171065 posts
Posted on 5/15/21 at 8:55 am to
quote:


if trading in general, what do you recommend to park money and then make investments?


I think with as volatile as crypto is it's definitely worth making your first investment on a solid dip
Posted by BZ504
Texas
Member since Oct 2005
13157 posts
Posted on 5/15/21 at 9:01 am to
Damn, wish I would’ve bought ADA the other day. Was waiting on a dip, then it shoots up.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:03 am to
Well the thing is, ADA wont go up forever. Just set some alerts for 5%, 10%, 15% drops and DCA in.
Posted by GeneralLee
Member since Aug 2004
13953 posts
Posted on 5/15/21 at 9:05 am to
Shoot it might hit $2.50 today at this rate....
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/15/21 at 9:16 am to
Fib resistance at 2.54 and maybe correction then

The stars aligned for Ada. It always had potential in this alt season but Elon and Ethereum gas fees created the perfect storm for money to pour into it
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:17 am to
1st Defi for ADA:

LINK

Something to follow.
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 5/15/21 at 9:18 am to
A few weeks ago that was a year end goal
This post was edited on 5/15/21 at 9:18 am
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60629 posts
Posted on 5/15/21 at 9:30 am to
Could hit $18 by the time the real smart contracts are released at the end of the summer.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:31 am to
quote:

Could hit $18 by the time the real smart contracts are released at the end of the summer.


LOL no...
Posted by Powerman
Member since Jan 2004
171065 posts
Posted on 5/15/21 at 9:36 am to
quote:

Damn, wish I would’ve bought ADA the other day. Was waiting on a dip, then it shoots up.

I wish coinbase wasn't being a piece of shite and not taking my deposits. I was trying to add 500 to buy more ADA yesterday and still can't get a deposit in.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43194 posts
Posted on 5/15/21 at 9:37 am to
If I had 1k to throw at crytpo, what are your recommendations? I just binged watched that ADA guy and he has me convinced this might go to 10 by end of year
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60629 posts
Posted on 5/15/21 at 9:39 am to
quote:

LOL no...
You should educate yourself.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:41 am to
I dont do recommendations lol sorry. Happy to share what I think but I sometimes not even comfortable in my own buys haha.

I legit have a written plan. Been buy/selling ADA since 0.010. Suffice to say, if I would have just held....................


Anyway my goals for ADA are long term. Like years out so I try to blackout these hype cycles because I make emotional decisions.

But put it to you this way, ADA's current marketcap is less than 80B.
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 5/15/21 at 9:41 am to
quote:

LOL no...


Realistically over time it could come within range of ETH market cap of 450B which would be a 6X bringing it to $14.

I don't think end of summer is the appropriate timeline, but $14-18 is definitely possible.
This post was edited on 5/15/21 at 9:43 am
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:41 am to
quote:

You should educate yourself.


Do you understand the what marketcap would have to be for Cardano to be $18?

Maybe you should educate yourself.....
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:43 am to
quote:

Realistically over time it could come within range of ETH market cap of 450B which would take roughly another 6X bringing it to $14.

I dont think end of summer is the appropriate timeline, but $14-18 is definitely possible.


Well that is what he said "end of summer". Where will the 400B+ needed come from?

We can live in fantasy land or reality. Banking on Cardano at $18 by end of summer is banking on something that has less than a 1% chance of happening.
This post was edited on 5/15/21 at 9:44 am
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60629 posts
Posted on 5/15/21 at 9:44 am to
Do you not see big money coming in off the sideline or from other assets?

This market is a flyspeck to the pool of worldwide assets. It will grow exponentially for a good while.

quote:

Cardano at $18 by end of summer
End of year. Smart contracts by end of summer.
This post was edited on 5/15/21 at 9:46 am
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