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re: Official CryptoTalk Thread

Posted on 5/19/21 at 11:40 am to
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3630 posts
Posted on 5/19/21 at 11:40 am to
quote:

Up 20% on today's buys NBD


Words cannot express how jealous I am. Put $5k in brokerage a few days ago, bought new tires and window replacements in the house in the last week, pay day Friday, and here I am with no frickin cash on todays free coin giveaway
Posted by MattA
Member since Nov 2019
1983 posts
Posted on 5/19/21 at 11:42 am to
quote:

I’ve averaged down and hit on a couple shitcoins, so I’m not down as bad as I could be.



Doubled my ADA this morning when it went below 1.30. Already over 1.70 and climbing. All is not lost lol and found at least one bright side.
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 5/19/21 at 11:42 am to
LOL at this fricking market.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/19/21 at 11:43 am to
This is why we are all in crypto

Roller coasters that only go sideways aren’t fun
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/19/21 at 11:44 am to
I’m watching live on coinbase pro. Order book is thin and all beat to hell and there’s some massive bids coming in. This is fun as hell to watch
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 5/19/21 at 11:44 am to
True. Today is a prime example of having access to multiple exchanges. Glad I did KYC for most of the majors earlier this year.
Posted by Box Geauxrilla
Member since Jun 2013
19194 posts
Posted on 5/19/21 at 11:44 am to
Anyone in FTM (Fantom)?
Posted by 21JumpStreet
Member since Jul 2012
14819 posts
Posted on 5/19/21 at 11:45 am to
Wish I had yalls patience. Any fiat I get I just buy that day
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82028 posts
Posted on 5/19/21 at 11:46 am to
Yea none of the exchanges worked for me. Signed into my old Cash App account and bought the dip there with no problems
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/19/21 at 11:46 am to
Pretty much all of them took a dump today. I was lucky enough to squeeze in a limit order on some eth before kucoin tanked but otherwise couldn't really get anything.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82028 posts
Posted on 5/19/21 at 11:47 am to
Can’t get too cocky, could be a dead cat bounce and we see more pain tomorrow
Posted by castorinho
13623 posts
Member since Nov 2010
86009 posts
Posted on 5/19/21 at 11:48 am to
People are complaining aviht that, and that's certainly an issue. The infrastructure needs to catch up.

With that being said, online brokers struggle big time to on big market dips.
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 5/19/21 at 11:50 am to
I was able to use Crypto.com a few times. When the heavy slam happened, it wasn't working. Was trying to buy ADA at 1.06. Once the app came back ADA was 1.40 lol.
Posted by keakdasneak
Member since Dec 2006
7185 posts
Posted on 5/19/21 at 11:52 am to
Guys I have a new fool-proof trick. Keep a tiny stack (on Cashapp or River-something that stays online). Sell at bottom as an offering to the Bitcoin gods. Immediate rocket to the moon. I will now be performing this ritual every crash.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82028 posts
Posted on 5/19/21 at 11:53 am to
Today has been so much fun, love these wild swings
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 11:54 am to
quote:

The Polygon DeFi network is pretty new, so you really need to be cautious, but PolyCake has a Wrapped Matic token pool that pays out 52%. LINK

I'm more familiar with BSC and ETH DeFi networks, as Polygon is fairly new.

You can use this site to investigate them if you would like. LINK

I've made a metric frick ton of money on BSC and ETH DeFi, even after losing money trying different apps. Even after today's dip, I'm still up overal


damn, appreciate it and nice work
This post was edited on 5/19/21 at 11:55 am
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 12:01 pm to
i was pretty lucky to get into mostly stables a week ago so i had live ammo to buy in this AM

with that said i dont trust this pump just yet so im hesitating on going long again

Posted by crazy4lsu
Member since May 2005
39153 posts
Posted on 5/19/21 at 12:03 pm to
quote:

damn, appreciate it and nice work



Let me know if you (or anyone) needs any help with DeFi. I left the centralized exchanges a while back after I made enough for a down payment on a house. I've made more on the DeFi apps but ETH's network fees drove me to BSC, and BSC's network lag might drive me to Polygon.

Polygon might be the one to work with because of a relatively easy credit card onramp. But Cosmos and Polkadot are building up their own decentralized application networks too. There are some tiny exchanges like Demex that trade some relatively rare pairs, like ETH/BNB and WBTC/BTCB that one would think would see growth if DeFi continues to grow. Getting money in and out is a pain, and if I'm honest, I might have committed some light tax fraud in order to get money onto these apps.

There are a ton of risks but lots of upside too.
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 5/19/21 at 12:03 pm to
If yall like new DeFi platforms check out CakeDefi. Defi on BTC.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/19/21 at 12:04 pm to
I’ve been selling this rip. 40% bounce in hours and back green for the 24 hours.

I still have a hodl bag that I never touch but I can’t believe I was given an exit above my 42 spot scalp entry, had to take it
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