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re: Official CryptoTalk Thread
Posted on 10/13/21 at 10:23 am to EPORE
Posted on 10/13/21 at 10:23 am to EPORE
No worries Epore...just FYI, you will have to use Uniswap to buy TKING, so you'll have to swap Eth to Tking.
They also have TCUB which is on binance smart chain. I will be buying some of that as well.
They also have TCUB which is on binance smart chain. I will be buying some of that as well.
1
Posted on 10/13/21 at 10:25 am to Photoshop Doctor
I am a noob to this so prob stick to coinbase offerings for now, I also grabbed some Bitcoin---we'll see how it goes
This post was edited on 10/13/21 at 10:27 am
Posted on 10/13/21 at 10:33 am to EPORE
I don't blame you...I did the same thing for a long time. Coinbase offerings are fairly safe for the most part (unless the entire crypto market is crashing)
Posted on 10/13/21 at 10:35 am to Photoshop Doctor
why because atleast with doge, we had seen it go up well above a penny before and you had elon tweeting about it. now same thing with shib.
lots of better alt coins that the ones on CB or one like tkinig. tkiing may moon, but my question is why did you suddenly show up here and start posting about it?
lots of better alt coins that the ones on CB or one like tkinig. tkiing may moon, but my question is why did you suddenly show up here and start posting about it?
Posted on 10/13/21 at 11:03 am to lsu777
You do realize that Shib is nowhere near a penny, right? The current price is 0.00002907 per Shiba Inu.
Also, the price itself isn't want matters - it's the circulating supply you want to focus on. Shiba Inu has a circulating supply of 394 TRILLION coins, so without burning any supply, a 1 cent Shib would mean it has a MC of 3.94 trillion dollars. This is nearly double the size of the entire crypto market. Bitcoin has a MC of $1 trillion.
Many people are buying into Shib thinking it can hit a penny or more, but the fact is that it never will. It's a marketing tactic, which is why they inflate the supply so much. People start doing the math thinking, if I can get a billion coins and it hits a cent, I'm a millionaire, not realizing 1 cent per is not possible with how the cryptocurrency is structured.
-------
Elon tweeting caused a ton of buying pressure for Doge, that is why it skyrocketed. Shib skyrocketed for the same reason, along with 1 or 2 whales buying up a ton of coins all at once.
The reason I started posting suddenly is because I finally decided to create an account. I have been reading the forum for some time.
Do your own due diligence, there's no guarantee TKING or any other altcoin moons obviously, this is just my opinion. Joe Exotic is a huge celebrity across the globe, so if he publicly endorses a crypto or if it is mentioned on the new season on Netflix, I would bet that it is going to see a lot of buying action. That is my thought process.
Also, the price itself isn't want matters - it's the circulating supply you want to focus on. Shiba Inu has a circulating supply of 394 TRILLION coins, so without burning any supply, a 1 cent Shib would mean it has a MC of 3.94 trillion dollars. This is nearly double the size of the entire crypto market. Bitcoin has a MC of $1 trillion.
Many people are buying into Shib thinking it can hit a penny or more, but the fact is that it never will. It's a marketing tactic, which is why they inflate the supply so much. People start doing the math thinking, if I can get a billion coins and it hits a cent, I'm a millionaire, not realizing 1 cent per is not possible with how the cryptocurrency is structured.
-------
Elon tweeting caused a ton of buying pressure for Doge, that is why it skyrocketed. Shib skyrocketed for the same reason, along with 1 or 2 whales buying up a ton of coins all at once.
The reason I started posting suddenly is because I finally decided to create an account. I have been reading the forum for some time.
Do your own due diligence, there's no guarantee TKING or any other altcoin moons obviously, this is just my opinion. Joe Exotic is a huge celebrity across the globe, so if he publicly endorses a crypto or if it is mentioned on the new season on Netflix, I would bet that it is going to see a lot of buying action. That is my thought process.
Posted on 10/13/21 at 11:07 am to Photoshop Doctor
Also the way to make huge profits in crypto at this point is to either have a shite-ton of capital invested in the larger coins (Eth/Bitcoin), or buy coins that have yet to hit CEXs. A coin that is under 100 million MC that hits a CEX with the right marketing has moonshot potential.
Most people don't understand how to acquire crypto using a wallet
Most people don't understand how to acquire crypto using a wallet
Posted on 10/13/21 at 11:29 am to Photoshop Doctor
quote:
BabyShibaInu
SafemoonInu
Posted on 10/13/21 at 11:36 am to EPORE
quote:
I am a noob to this so prob stick to coinbase offerings for now, I also grabbed some Bitcoin---we'll see how it goes
Be prepared for massive ups and downs. Nobody has ever held for four years and lost money. The 200-week moving average has never at any point pointed downwards.
Posted on 10/13/21 at 11:56 am to Photoshop Doctor
quote:
Also the way to make huge profits in crypto at this point is to either have a shite-ton of capital invested in the larger coins (Eth/Bitcoin), or buy coins that have yet to hit CEXs. A coin that is under 100 million MC that hits a CEX with the right marketing has moonshot potential.
well no shite. some of us have been in this a long arse time brother.
quote:
Most people don't understand how to acquire crypto using a wallet
thats not most on this board.
Posted on 10/13/21 at 12:04 pm to lsu777
What exchange or platform y’all using to DCA these days?
Coinbase fees are obviously high - hoping to maybe relocate to keep the DCA flow going with far lower fees. Swan? Gemini? PtP?
Coinbase fees are obviously high - hoping to maybe relocate to keep the DCA flow going with far lower fees. Swan? Gemini? PtP?
Posted on 10/13/21 at 12:13 pm to Shankopotomus
for Cex, kucoin is the best for US residents. Most coins and pairs and cheapest fees. I onboard using CB pro through xlm and then send to kucoin.
everythign else i use metamask and uniswap now. but has to be a coin that can make up for crazy gas fees.
everythign else i use metamask and uniswap now. but has to be a coin that can make up for crazy gas fees.
Posted on 10/13/21 at 12:22 pm to Photoshop Doctor
quote:
Also the way to make huge profits in crypto at this point is to either have a shite-ton of capital invested in the larger coins (Eth/Bitcoin), or buy coins that have yet to hit CEXs. A coin that is under 100 million MC that hits a CEX with the right marketing has moonshot potential.
Problem is no one is throwing ten thousand dollars into a shite coin. Sure you can throw a few hundred make a few thousand and then on to the next moon shot but then you will just piss it away chasing the next one . And then when the bear market hits and it all comes crashing down your left with a bag.
Posted on 10/13/21 at 12:43 pm to CE Tiger
quote:
Problem is no one is throwing ten thousand dollars into a shite coin. Sure you can throw a few hundred make a few thousand and then on to the next moon shot but then you will just piss it away chasing the next one . And then when the bear market hits and it all comes crashing down your left with a bag.
speak for yourself lol
but understand that not all coins not on Cex are shitcoins.
IMO the best way to develop a huge profit is find a block chain coming out and get in at launch and hold for 3 years. Better yet get in on the ICO. and worst get in way before it hits the major Cex. for example VRA, up huge in last year and has a legit use case and is already being used, its a good one that will prolly moon once it his CB.
look at the examples below.....granted this was made talking about pulsechain but the fundamentals remain the same, no matter the block chain.
btw dot might be a good play for a while, para chains are launching
Posted on 10/13/21 at 12:44 pm to lsu777
Thanks for input
Posted on 10/13/21 at 1:31 pm to CE Tiger
quote:
Problem is no one is throwing ten thousand dollars into a shite coin. Sure you can throw a few hundred make a few thousand and then on to the next moon shot but then you will just piss it away chasing the next one . And then when the bear market hits and it all comes crashing down your left with a bag.
I agree with this....that is my general approach. I do altcoin diversification :)
If you have the money to play with, put $1-200 on coins you like and see what happens. Chances are one or more will make huge returns.
I usually look at coins that have hit coinmarketcap as they are a little further along and have gained some momentum.
Posted on 10/13/21 at 1:32 pm to lsu777
quote:
thats not most on this board.
I hear you...and you are probably right. I'm just speaking for the general population. You have to think only a very small % of people in the US even know how to acquire crypto through unconventional means...most rely on CEX to get them. That was my point.
Posted on 10/13/21 at 2:41 pm to Photoshop Doctor
quote:
I hear you...and you are probably right. I'm just speaking for the general population.
Most people have heard of crypto and immediately think BTC but 99.9% of people don't have the foggiest on where to start. Which was myself about 5 months ago.
Posted on 10/13/21 at 3:56 pm to Photoshop Doctor
quote:
Most people don't understand how to acquire crypto using a wallet
This. If you want to buy lotto shite coins you’re too late buy the time they hit coinbase. But, buyer beware, must will be worthless, just like Lotto tickets.
Posted on 10/13/21 at 4:46 pm to TigerDeBaiter
Internet computer ICP was a good example of this, literally a scam that made some silicon valley assholes billions of dollars overnight. No public sale - gives it away every time - easily the shadiest of anything on coinbase and probably created some very depressed bagholders when it dropped from 700 dollars when it was released on coinbase to 200 in the span of like a week, now it's what... 30 dollars? imagine buying that fricker when it first came out.
In the end I only have faith in coins like BTC / ETH - that require mining/electricity to create and so aren't minted from nothingness - or coins that are derived from them.
In the end I only have faith in coins like BTC / ETH - that require mining/electricity to create and so aren't minted from nothingness - or coins that are derived from them.
Posted on 10/13/21 at 4:47 pm to Shankopotomus
Voyager bro get with it
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