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re: Official CryptoTalk Thread

Posted on 5/22/17 at 2:18 pm to
Posted by NOLAGT
Over there
Member since Dec 2012
13802 posts
Posted on 5/22/17 at 2:18 pm to
Dang I havent spent too much time trying to read into and understand all of this. Guess ill have to go back a few pages and see if I can figure it all out. I saw a article on yahoo about if you bought $100 of Bit 7 years ago you would have like 74 million....then i remembered seeing this thread. So I need to start it all off by looking at coinbase?
This post was edited on 5/22/17 at 2:21 pm
Posted by PhifeDogg
Member since Mar 2006
6195 posts
Posted on 5/22/17 at 2:47 pm to
Yep, Start with Coinbase.
Posted by The Boat
Member since Oct 2008
172079 posts
Posted on 5/22/17 at 3:09 pm to
Coinbase blows but it's pretty secure and easy to use for a beginner.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41913 posts
Posted on 5/22/17 at 3:15 pm to
Haven't used it yet but I'm set up on Kraken and I'd imagine it's superior
This post was edited on 5/22/17 at 3:15 pm
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 5/22/17 at 3:33 pm to
I just bought 1 ETH on Coinbase for $171....low stakes, but I don't wanna screw myself if this thing tanks. Hey if I make 20 bucks I'll consider it a victory

how did I do?
Posted by TheWiz
Third World, LA
Member since Aug 2007
11814 posts
Posted on 5/22/17 at 3:38 pm to
I just bought a few at $170. I'm looking at the BTC next to it for $2200 and hoping some time will reward me. Guess we will see...
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 5/22/17 at 3:42 pm to
shite, it went down $1 from when I bought...

Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67360 posts
Posted on 5/22/17 at 3:47 pm to
Posted by tigersnipen
Member since Dec 2006
2108 posts
Posted on 5/22/17 at 3:50 pm to
quote:

I played with $2500. I'm over 7500 in a month

I'm playing with house money now.

Nothing to lose.

Just be aware that this stuff trades 24/7 and the risks involved in that


I've been trading XRP and STR along with ETH and BTC. I've been trying to figure out which of the other alt coins to trade, what news are you looking at to determine which ones to invest in? Or is it more of a chart watching gut type move? These charts move a lot like penny stocks, very unpredictable even within the Bollinger bands.

Trying to set the SMAs to where they make sense but I can't figure out what to set yet (if it even matters with crypto).
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 5/22/17 at 3:55 pm to
The shills on /biz/ were pumping Musicoin this morning. Rumor is Google is gonna partner with them and it's gonna go to the moon.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67360 posts
Posted on 5/22/17 at 4:04 pm to
What's it at now?
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41913 posts
Posted on 5/22/17 at 4:07 pm to
$165

Everybody freak out!!
Posted by ynlvr
Rocket City
Member since Feb 2009
5091 posts
Posted on 5/22/17 at 4:09 pm to
under 2 cents and about $3mm market cap.

About #127 in total market cap on the cryptocurrency top 200
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67360 posts
Posted on 5/22/17 at 4:13 pm to
I'll throw $50 at it
Posted by ynlvr
Rocket City
Member since Feb 2009
5091 posts
Posted on 5/22/17 at 4:18 pm to
I don't know where to buy it. Pretty thinly traded. Seems like Bittrex handles some transactions.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42051 posts
Posted on 5/22/17 at 4:31 pm to
lol I guess that spike is coming down after all
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
451907 posts
Posted on 5/22/17 at 4:32 pm to
i've lost $30 so far today

not looking like i can retire by 2018

I WILL NEVER LISTEN TO YOU ALL AGAIN I'M DONE
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42051 posts
Posted on 5/22/17 at 4:33 pm to
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 5/22/17 at 5:19 pm to
quote:

I've been trading XRP and STR along with ETH and BTC. I've been trying to figure out which of the other alt coins to trade, what news are you looking at to determine which ones to invest in? Or is it more of a chart watching gut type move? These charts move a lot like penny stocks, very unpredictable even within the Bollinger bands.

Trying to set the SMAs to where they make sense but I can't figure out what to set yet (if it even matters with crypto).



technical analysis is voodoo with crypto as far as i can tell.

i follow the volume (relative volume particularly), have tight stop losses, and get out after 5-10% profits.

with that said, on polo, the market depth chart is a cool tool to play with, imo. you can see the support, resistance, buy/sell walls. these are all useful when trading

Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 5/22/17 at 5:22 pm to
and ill be selling ETH if it breaks down into the 145-150 range
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