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re: Official CryptoTalk Thread

Posted on 9/1/17 at 12:11 am to
Posted by Odinson
Asgard
Member since Apr 2014
2863 posts
Posted on 9/1/17 at 12:11 am to
quote:

Some of these pumps are just stupid.

Who has the crystal ball?



TRIG mooning

This was all i went by. Got in immediately once I seen it. No questions asked Then set sell limit accordingly.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 9/1/17 at 8:33 am to
after seeing what bitcoin is now at im ready to jump in on this any crypto for dummies guide to start investing?
Posted by shspanthers
Nashville, TN
Member since Sep 2007
892 posts
Posted on 9/1/17 at 9:03 am to
For $1000 I'll tell you everything you need to know. Or at least everything I know. ;)

Here are some resources that might help get started.

LINK

Get an account with Coinbase, Bitfinex, Poloniex, etc. Get a wallet and don't keep your coins in the exchanges. I use Exodus and like it. One of the confusing things, at least it was for me, is everything is so fragmented. You can only buy certain coins at certain exchanges, and wallets only hold certain coins.

Backup your wallet and DO NOT forget your recovery words/phrase/whatever. Coins are like cash, they belong to whoever possesses them.

This post was edited on 9/1/17 at 9:05 am
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/1/17 at 9:16 am to
Spot on with the wallet stuff

quote:


Get an account with Coinbase, Bitfinex, Poloniex, etc


I would avoid poloniex though. Coinbase also

If you're just going to buy bitcoin, do it on Gemini. If you're going to buy alt coins, I suggest bittrex.

And use 2 factor authentication on every site. This I think is a must.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 9/1/17 at 9:18 am to
Probably not buying bitcoin. Would rather go in with a ethereum and some up comers
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/1/17 at 9:50 am to
I would still go to Gemini to buy ethereum. And bittrex for the alts.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 9/1/17 at 10:05 am to
got Bittrex set up with enhanced verification


now where do i make the monies?
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 9/1/17 at 10:22 am to
Wallet recommendations?
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/1/17 at 10:23 am to
quote:

Wallet recommendations?
for what coin?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 9/1/17 at 10:43 am to
2 weeks to verify identity on Gemini ... wtf
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/1/17 at 10:50 am to


I think we are due for a correction soon
This post was edited on 12/18/17 at 9:55 pm
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/1/17 at 10:52 am to
you can buy instantly with a CC on Coinbase, but it will also be your highest fees. it is the only company I know of that your deposits are FDIC insured though, so I keep the ETH I am holding there
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 9/1/17 at 11:01 am to
Btc, eth, and monero right now
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/1/17 at 11:01 am to
Gemini is insured
Posted by bee Rye
New orleans
Member since Jan 2006
34463 posts
Posted on 9/1/17 at 11:02 am to
noted. did not know that
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 9/1/17 at 12:22 pm to
You pick up syscoin based on his recommendation?

MTL just kncocked down a big sell wall, hoping it moves up some more now.
This post was edited on 9/1/17 at 12:55 pm
Posted by mb810
Member since Dec 2011
259 posts
Posted on 9/1/17 at 1:54 pm to
any insight into why litecoin is rocketing up?
Posted by kc8876
Member since May 2012
3624 posts
Posted on 9/1/17 at 1:59 pm to
quote:

any insight into why litecoin is rocketing up?


Just did the first litecoin lightning network transaction, no fees

Moved a good chunk of my cash that I had in ethereum in it about 15 mins ago, already up $700
This post was edited on 9/1/17 at 2:05 pm
Posted by Sho Nuff
Oahu
Member since Feb 2009
13642 posts
Posted on 9/1/17 at 2:46 pm to
Just bought 26.5 TRIG

Had remnants of BTC that I couldn't do anything with. To the moon
Posted by kc8876
Member since May 2012
3624 posts
Posted on 9/1/17 at 2:57 pm to
Up 180%, not bad
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