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re: Official CryptoTalk Thread

Posted on 7/4/17 at 11:46 am to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 7/4/17 at 11:46 am to


Yeah...no
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 7/4/17 at 12:03 pm to
quote:

I make around 5k a month doing this


no you dont
quote:

My friend who actually introduced me to doing this makes around 30k a month.


no he doesnt
quote:

We have about an 80% success ratio going right now.


just lol, write a book then and become billionaires

i dont even think computer algorithms are that succesful
Posted by ynlvr
Rocket City
Member since Feb 2009
5399 posts
Posted on 7/4/17 at 2:06 pm to
quote:

I make around 5k a month doing this. My friend who actually introduced me to doing this makes around 30k a month.

Making $5k in a month or even $30k in a month does not equal averaging $5k or $30k a month. Not to mention you do not mention the principal you are leveraging to make said profits.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/4/17 at 4:16 pm to
quote:

the stock market will experience a significant correction and cryptos will see a boost. Be careful exposing yourself to the stock market at this point.

When there is a correction the riskier assets go to cash first. So i dont know about this.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148871 posts
Posted on 7/4/17 at 5:50 pm to
quote:

quote:
You'll lose your arse far quicker than making yourself a millionaire


I make around 5k a month doing this. My friend who actually introduced me to doing this makes around 30k a month.

Simple: We don't buy into any stock more than 5 dollars. We research the company as to WHY it fell and make a decision on it. Assuming the risk we buy x amount. Sell at the peak of the rally and gain usually 2-5x depending on the stock price, or we have a small loss if we guessed wrong.

We have about an 80% success ratio going right now. He has way more capital to throw at it than I currently, but I am building a significant amount to start moving into his range.



BWAHAHAHAHAHAHAA you are so full of shite



How about you create a thread and start posting your market plays in real time and let us track them then??


You won't

You're more full of shite than PJ
Posted by YipSkiddlyDooo
Member since Apr 2013
3808 posts
Posted on 7/4/17 at 6:57 pm to
exactly. Heck, I'll pay the guy a % of my gains if he's gonna post plays that earn 2-5x with an 80% success rate...

lol can't decide if I'm happy or a little upset that he won't post again.
Posted by TigerDeBaiter
Member since Dec 2010
10696 posts
Posted on 7/4/17 at 7:21 pm to
quote:

It's good that it's been hanging around $280 with no big ups or downs for a while right? We gonna go back up any time soon? Usually when it holds steady for several days we shoot up.


And then the opposite happens... creating the next wave of bag holders.
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/4/17 at 7:36 pm to
GTFO of here with that BS
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/4/17 at 7:39 pm to
I've been following Ryan Lye's advice and I'm only 10% in ETH now. Mostly in LTC, ETC and XEM for my long term investments
Posted by MSTiger33
Member since Oct 2007
21505 posts
Posted on 7/4/17 at 7:50 pm to
LTC has really taken off. How has Ryan's advice been for the other coins?
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 7/4/17 at 9:26 pm to
As the wave of ICO's roll out over the next year, I expect many fast spikes up and down as people stock up on ETH to buy into the ICO.

Then as they roll out of their ETH, prices will shoot down. If you're a good timer, you could do alright just on the ETH in and out.
Posted by MoarKilometers
Member since Apr 2015
20806 posts
Posted on 7/4/17 at 9:40 pm to
quote:

XEM for my long term investments

Really like this coin too. It spiked at a tad over $0.26 end of may... may have had over 600k of them. May have cashed out at $0.25 and then went partially back in at $0.16 per "Spunt" like .3-.4 btc when it was maybe $300 2 years ago
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82120 posts
Posted on 7/4/17 at 10:18 pm to
So ETH is doomed?
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43224 posts
Posted on 7/5/17 at 5:40 am to
XBIT was was the most recent play we had.

Bought in at 3.25 @ 12k and sold at 5.20

Made 7k. This was my best one dale transaction this year. He put in 30k.

I'm not here to convince you how I invest. I am just telling you what we do. We've been mildly successful doing it. If you want to laugh it off then that's on you.

Edit: Was roughly 62% gain. I haven't had a gain of 100% yet personally. He has. Offsetting losses my current account is at 40% for this year. I started this with him two years ago to clear up some debt.
This post was edited on 7/5/17 at 5:49 am
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43224 posts
Posted on 7/5/17 at 5:42 am to
Actually I will when we find the next. How bout that? I just posted the last one.

Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43224 posts
Posted on 7/5/17 at 5:44 am to
Yip screen capping that post when it happens lol.

I was being a bit facetious on the 5x part. But there were occasions when we sold too fast and missed out on more gains.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43224 posts
Posted on 7/5/17 at 5:53 am to
That's fair ynlvr.

Typically I have to risk right around 10-12k to make 5k. I am rolling over these into new investments to avoid paying short term cap gains.

I said 5k a month because my account is up 30 grand so far this year.

Edit: 30k up after factoring in some losses (4750).
This post was edited on 7/5/17 at 5:57 am
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/5/17 at 6:43 am to
quote:

LTC has really taken off. How has Ryan's advice been for the other coins?

Spot on for the most part. Dude really knows his stuff.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 7/5/17 at 7:37 am to
quote:

So ETH is doomed?
I don't think so. It's the mechanism for so many coming ICO's.

In a year, it will still be around. Not sure about a lot of other ones.
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/5/17 at 7:56 am to
Yeah it will be fine. Just got a little overvalued too quickly.
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