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re: Official CryptoTalk Thread

Posted on 8/23/17 at 9:01 pm to
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11246 posts
Posted on 8/23/17 at 9:01 pm to
LINK

Watch this video with the lead developer for Vertcoin. Dude is like a freaking Savant. Circulating supply around 38 million, around 68 cent right now. I've found my new hodl. It's an older coin, but he's been the lead since 2015. He's on the MIT team developing the lightening network. Plans for atomic swap with LTC and Bitcoin down the line.
This post was edited on 8/23/17 at 9:04 pm
Posted by Lazy But Talented
Member since Aug 2011
15031 posts
Posted on 8/24/17 at 7:39 am to
For those of you who make a little profit day trading, do you all have a good amount of money invested in this?

I only invested ~$1,000 so I feel like it's nearly impossible to buy and trade during the day to make any profit. Almost not worth it. With only ~$1,000 in crypto I feel like my only plays should be long term holds?
Posted by dkreller
Laffy
Member since Jan 2009
33610 posts
Posted on 8/24/17 at 7:57 am to
I tried to time the dips with ETH but it didn't play out and I ended up losing coins.

This stuff is hard to read so I've ended up a hodler. I'm contemplating trading BNB, NEO, and OMG but I'm scared.
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11246 posts
Posted on 8/24/17 at 8:34 am to
With $1000 I would pick up some OmiseGo, Vertcoin, Neo. You won't get much Neo with $1000 though. Don't day trade. Can't time market, hodl. You can buy a stack of Vertcoin with $1000. I would wait for it too dip to about 60-65 cent to buy. It will hit $1 within a year probably much sooner. I could easily see $5 per coin because of the low circulating supply.
This post was edited on 8/24/17 at 8:36 am
Posted by Lazy But Talented
Member since Aug 2011
15031 posts
Posted on 8/24/17 at 8:50 am to
(no message)
This post was edited on 8/24/17 at 10:36 am
Posted by LSUregit
Member since Dec 2013
1682 posts
Posted on 8/24/17 at 9:07 am to
1k? I'd put it in a long shot/ P&D, like SafeX, and just hope it Moons


BNB has been holding steady above 2.30 but beyond that It has been Volatile as heck with the Tron ICO offerings. Anyone was able to successfully get TRX? No luck here.
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11246 posts
Posted on 8/24/17 at 9:27 am to
Seriously Vertcoin is mooning now.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 8/24/17 at 9:51 am to
I put in 5K originally, and lost half of it over the month of July trying to day trade. Now I watch the 1 day charts and pick things up that look like they should be headed up soon and hold until it looks like that 1 day chart trend is turning then move somewhere else.

I'm up to about 10k in the trading account in just over 3 weeks here in August. Some of that is the fact that July sucked and everything went down, but some is the change in strategy and not trying to chase the hot mover by the minute.

If your time horizon is more than a few months to do this, then 1K is plenty to start building with, and then add a little here and there as you can. I just signed the offer letter on a new job this morning that came with a nice signing bonus, planning to drop that into a few of the more stable plays and just let it ride.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 8/24/17 at 9:53 am to
Yes it is, wish I would have grabbed some last night, but GNT is moving nicely today as well, and picked that up a few days ago. Apparently because of this.
This post was edited on 8/24/17 at 10:07 am
Posted by MrSpock
Member since Sep 2015
5085 posts
Posted on 8/24/17 at 10:16 am to
quote:

For those of you who make a little profit day trading, do you all have a good amount of money invested in this?

I only invested ~$1,000 so I feel like it's nearly impossible to buy and trade during the day to make any profit. Almost not worth it. With only ~$1,000 in crypto I feel like my only plays should be long term holds?


True day trading is a full time job

Posted by jondavid11
benton,la
Member since Aug 2007
1169 posts
Posted on 8/24/17 at 11:40 am to
50 Free WCXT tokens

So this is an ICO that will happen Oct 1st. Just signing up with your email you can get 50 free tokens. It will be a digital exchange. I'm not saying buy anything. But 50 free tokens is cool.
This post was edited on 8/24/17 at 11:42 am
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 8/24/17 at 11:47 am to
It's smart marketing on their part, they give you 50 coins and you share it out and maybe buy some now or after they put your email on their marketing drip campaign. It's cheap paid ad for them, and free coin for you, so win-win.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60635 posts
Posted on 8/24/17 at 12:59 pm to
quote:

For those of you who make a little profit day trading, do you all have a good amount of money invested in this?
Day Trading and Investing (hodling) are pretty different things.

With cryptos, day trading is MUCH easier in an uptrending market. July was brutal on everyone. I would have been much better off just sitting right.

When BTC breaks $10k in the spring, I'll wish I had a lot more.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 8/24/17 at 1:40 pm to
quote:


When BTC breaks $10k in the spring


That's pretty optimistic
Posted by UnluckyTiger
Member since Sep 2003
42178 posts
Posted on 8/24/17 at 1:43 pm to
Could easily see BTC hitting 10k in late Q1.

My largest bags are NEO, ADX, and OMG. Just waiting for NEO to moon.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 8/24/17 at 1:44 pm to
k.
This post was edited on 12/18/17 at 9:52 pm
Posted by VinegarStrokes
Georgia
Member since Oct 2015
14068 posts
Posted on 8/24/17 at 2:28 pm to
VTC tryin to hit the $1 mark!
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40498 posts
Posted on 8/24/17 at 2:32 pm to
quote:

With cryptos, day trading is MUCH easier in an uptrending market. July was brutal on everyone. I would have been much better off just sitting right.

When BTC breaks $10k in the spring, I'll wish I had a lot more.


Yea I'm finally recovered from the July massacre.

What's been going on baws? Haven't checked this thread in a while. Holding majority ETH with a little bit of BTC, DNT, and ZRX.
Posted by VinegarStrokes
Georgia
Member since Oct 2015
14068 posts
Posted on 8/24/17 at 2:42 pm to
quote:

Yea I'm finally recovered from the July massacre.

What's been going on baws? Haven't checked this thread in a while. Holding majority ETH with a little bit of BTC, DNT, and ZRX.


I recovered from the July shitshow as well and ended up with a peak of about $15,000 in "profits" by getting a shite ton of NEO at $10 per coin when it went on its rise into the $50s.

When NEO started going back down, I foolishly started messing around with day trading and tried to get in on BNB. Lost some there and kept trying to daytrade to recover the lost NEO coins from stupid decision making. Ended up having 11.5 ETH stolen from my Bittrex, probably from trying to log in to a fake link.

After the theft, I was still a little bit ahead from my initial investment in May, but it was a real gut check. Now I went all in on VTC today to try and fast track the regrowth of my portfolio. If I can get back to a respectable level, I'll probably get back in on Neo.
This post was edited on 8/24/17 at 2:43 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 8/24/17 at 2:55 pm to
quote:

Ended up having 11.5 ETH stolen from my Bittrex, probably from trying to log in to a fake link.


Holy shite dude. :(

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