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re: Official CryptoTalk Thread
Posted on 10/15/21 at 4:26 pm to alpinetiger
Posted on 10/15/21 at 4:26 pm to alpinetiger
quote:Sounds boring
Would anyone be averse to an exclusive BTC-ETH thread? No shitcoin/new project talk? FFS. Grippycoin, Gripeycoin, HEX, FTS, Schoosecoin. Its hard to decipher and peel through all the noise.
I think it would be worthwhile? Thoughts?
1
Posted on 10/15/21 at 4:35 pm to LSUJuice
quote:Correct, Pulse is not launched yet so you cannot buy it. Technically the sacrifice is over, but people are still sending funds to the sac wallet.
Yeah so I'm confused... you can or cannot get/sacrifice for pulse right now?
Posted on 10/15/21 at 4:38 pm to alpinetiger
quote:
Would anyone be averse to an exclusive BTC-ETH thread? No shitcoin/new project talk? FFS. Grippycoin, Gripeycoin, HEX, FTS, Schoosecoin. Its hard to decipher and peel through all the noise. I think it would be worthwhile? Thoughts?
No. It wouldn’t get much traffic. This one gets just enough traffic to keep it informative and entertaining. Plus if rocket really left, it will be much better
This post was edited on 10/15/21 at 4:40 pm
Posted on 10/15/21 at 4:38 pm to TigerTatorTots
Plan B called 63-64k as the floor for October
Is this dude a time traveler
Is this dude a time traveler
Posted on 10/15/21 at 4:41 pm to TigerTatorTots
quote:
people are still sending funds to the sac wallet.
Posted on 10/15/21 at 4:47 pm to JayDeerTay84
That's what I do. I figure I'm too late on the big gains without going full degen into alts, and I have a mortgage and two kids, so I play it safe and dca some savings into btc/eth/sol. I'm just happy if I make enough to outpace inflation. Everything else is lagniappe. I have a very low bar for success 
Posted on 10/15/21 at 5:39 pm to OneMoreTime
quote:Maybe you should have invested in 2013.
Sounds boring
Posted on 10/15/21 at 7:46 pm to alpinetiger
Can anyone dumb down staking in ETH?
I have a bunch of ETH but not enough to stake. Is this going to be a big deaL?
I have a bunch of ETH but not enough to stake. Is this going to be a big deaL?
Posted on 10/15/21 at 7:50 pm to I Love Bama
You can stake through a service, you can loan it out, etc. lots you can do
Posted on 10/15/21 at 8:07 pm to I Love Bama
Move it to Celsius and earn 5.35%
Posted on 10/15/21 at 8:10 pm to I Love Bama
If you have 32 ETH you can start a validator node and stake it yourself
If you don't, you can stake it in shared pools, typically on an exchange like Coinbase or KuCoin.
If you don't, you can stake it in shared pools, typically on an exchange like Coinbase or KuCoin.
Posted on 10/15/21 at 8:14 pm to I Love Bama
You can swap into the stETH token which is staked ETH. Its pegged to ETh and earns interest daily at a rate slightly less than DIY staking.
rETH is another decentralized staking token coming soon that also earns interest but in a slightly different manner.
Both can be used in DeFi apps like curve for even more yield. But be careful of impermanent losses.
Or I If you want to run your own validator for less than 32 ETH
Rocketpool only requires 16 and earns a slightly higher interest. But you have to be comfortable with command line Linux.
I personally like earning yield in ETH which is hard to find outside of staking. I like the ribbon finance covered call pool for that.
Posted on 10/15/21 at 8:14 pm to Hulkklogan
quote:
If you have 32 ETH you can start a validator node and stake it yourself
I'm short but thinking of picking up a few more so I can do this. Watching Youtube videos now on the benefits.
Is anyone here doing this currently?
Posted on 10/15/21 at 8:21 pm to I Love Bama
The only reason not to stake is if you are swing trading. Staking crypto for excellent returns is one of its many perks over traditional investments.
Posted on 10/15/21 at 8:45 pm to Hulkklogan
If I have 32 eth on webull, how do I start a validator node?
Posted on 10/15/21 at 10:21 pm to I Love Bama
You can stake any amount, I would check out lido and market cap of Steth. Its pretty safe. You can choose to go down the defi rabbit hole with that steth or not
Posted on 10/16/21 at 8:12 am to tenderfoot tigah
I'm trying to understand staking through Lido, sorry if these are dumb questions. If I have $16,000 of ETH on Coinbase and I want to stake it all on Lido, will that amount still be available for trading on Coinbase? Will that $16,000 still be subject to normal price/coin fluctuations?
Posted on 10/16/21 at 8:24 am to philly444
Hey man. You need to read about wallets, ERC20 wallets/tokens and how the network works. MetaMask is a solid option to learn and have and please look into “cold wallets”.
I feel you are asking people questions with not fully understanding and that is a disaster waiting to happen to losing your tokens.
Also, if you want to stake, YouTube some videos on staking eth, how it works, and popular options.
I read Reddit daily about people loosing their tokens and I don’t want that to happen to you.
You will have to move your ETH from Coinbase to a secure wallet. If you have 32 ETH you will have that same ETH minus gas fees when you move. Gas fees can be costly, so that is worth a YouTube video as well.
Also, and this is important, NO ONE SHOULD EVER NEED TO KNOW TOUR PRIVATE KEYS. Ever.
No customer support. No one. They are your keys and only you need to know them.
I feel you are asking people questions with not fully understanding and that is a disaster waiting to happen to losing your tokens.
Also, if you want to stake, YouTube some videos on staking eth, how it works, and popular options.
I read Reddit daily about people loosing their tokens and I don’t want that to happen to you.
You will have to move your ETH from Coinbase to a secure wallet. If you have 32 ETH you will have that same ETH minus gas fees when you move. Gas fees can be costly, so that is worth a YouTube video as well.
Also, and this is important, NO ONE SHOULD EVER NEED TO KNOW TOUR PRIVATE KEYS. Ever.
No customer support. No one. They are your keys and only you need to know them.
This post was edited on 10/16/21 at 8:31 am
Posted on 10/16/21 at 8:37 am to philly444
quote:I don't know how Lido works, but if you are staking coins they are not available for trading. Your coins would be valued at whatever ETH is valued at that time. It isn't like they are frozen in time with a specific price.
If I have $16,000 of ETH on Coinbase and I want to stake it all on Lido, will that amount still be available for trading on Coinbase? Will that $16,000 still be subject to normal price/coin fluctuations?
Posted on 10/16/21 at 8:45 am to TigerTatorTots
You’re right, but Lido refers to itself as a liquid staking. But you’d have to go through beacon or another entity to trade staked ETH on Lido. Idk shits kinda confusing lol
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