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re: Official CryptoTalk Thread

Posted on 12/22/17 at 5:59 pm to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
95289 posts
Posted on 12/22/17 at 5:59 pm to


But i cant go to the other exchanges and just load up cash i have to transfer and buy with coins from coinbase
Posted by MrSpock
Member since Sep 2015
5086 posts
Posted on 12/22/17 at 6:01 pm to
quote:

Then i can buy alt coins with that eth coin?

Coinbase still legit? Whats the best site to but those other coins?

Thanks


Yes. You have to sent them to a exhange like Binance or Bittrex

I prefer Binance but they are both fine to use.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
95289 posts
Posted on 12/22/17 at 6:05 pm to
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/22/17 at 6:20 pm to
bought my first alt last night (Ripple) and it's been a wild ride to say the least. I mean, all of them have been going up and down a lot today, but alts just seem to have even crazier swings than the mains
Posted by geauxchaz
NOLA
Member since Nov 2012
245 posts
Posted on 12/22/17 at 8:50 pm to
There has been little or no discussion of the 0x Project, and I find that surprising. So, for those who don't own 0x, I'll toss this bone out there. Buy 0x. Yes, I own a lot of 0x.

Read the whitepaper. Go look at the devs, advisors, backers, etc. Look at what's being built on it. This is a significant project, and one you'll find educational on topics like decentralized exchanges, ERC20 tokens, future of crypto, and much more. 0x Project site

Nothing new or hot off the press going on. Don't fomo in, not that I suspect you would off a stranger's advice. Simply, there's so much attention and discussion of the shinier items like LTC, XRP etc, so I thought I'd shed some light - esp. to the new comers out there - on a lesser known project. And, more important, I think it'll serve your crypto portfolio well in 2018.

Best of luck out there in the crypto sphere.
Posted by TheChosenOne
Member since Dec 2005
18857 posts
Posted on 12/22/17 at 10:51 pm to
I’m sure some of you have seen the buzz about Crypto to Crypto trading protentially being a taxable event under the new tax bill. If you’re long term investing, probably not a big deal. If you like to trade alts, this will suck.

Bloomberg
This post was edited on 12/22/17 at 10:51 pm
Posted by LSUregit
Member since Dec 2013
1685 posts
Posted on 12/22/17 at 11:33 pm to
quote:

TigerDeBaiter



Dogs crypto for the past year now wants to mine
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14514 posts
Posted on 12/23/17 at 1:31 am to
quote:

If you like to trade alts, this will suck

Good luck to the IRS monitoring billions of trades made by Americans on international exchange sites.

I will pay my capital gains taxes when I get my USD.
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 12/23/17 at 3:59 am to
What he said ^^^^
Posted by Who_Dat_Tiger
Member since Nov 2015
25029 posts
Posted on 12/23/17 at 6:58 am to
quote:

alts just seem to have even crazier swings than the mains


Oh well F me then. I can barely handle just watching the swings on CB. Need to get in and diversify on those alts though. Never know if one of them will exponentially explode like the CB cryptos did!
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/23/17 at 7:28 am to
Posted by WG_Dawg
Member since Jun 2004
89851 posts
Posted on 12/23/17 at 8:20 am to
My eth from cb finally settled in binance so I'm ready for some coin action. Problem is this is confusing as a motherfricker for a beginner. I transferred about $150 of eth over so like 0.21ydadada. To start out I want to buy $50 worth of a coin. I switched from limit order to market order but idk what to do from here. It gives me the option to click a percentage (of what? The amount of available money I have?) Or type in a full whole number (is this the number of units I wanna buy)?

I'm kinda lost here.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5594 posts
Posted on 12/23/17 at 8:28 am to
Underneath that percentage should be a usd amount you can put in. Are you on binance?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/23/17 at 8:29 am to
def do limit order bro as you can type in what price you want to buy at, the market order is for what price the coin is trading for right now (useful when there is a coin which just started to moon)

the numbers on left top in the red are the sells
the numbers on left bottom in the green are the buys

use these to gauge where the current market is trading

the percentage buttons, just make it easier for you to use all (100%) of your stack or just 25%, etc, but you dont necessarily need to use them

once you place an order there will be a yellow triangle on the left, so you can visually keep track of it this way.
This post was edited on 12/23/17 at 8:32 am
Posted by philabuck
NE Ohio
Member since Sep 2008
10394 posts
Posted on 12/23/17 at 8:29 am to
If you press 100% it show you the most coins you can buy with your available balance at the current market price.
Posted by WG_Dawg
Member since Jun 2004
89851 posts
Posted on 12/23/17 at 8:31 am to
Gotcha thank you. I don't really want to spend all I have though, I wanted to put some into one coin, some into another, etc. Is there a simple way to do this?
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/23/17 at 8:44 am to


hodl game is strong now, I will never doubt cryptos again

I'm in the green again, and had I not switched to fricking Ripple I would have been even more in the green.

Alts are for people that have more skin in the game, for now I'm going to stick with eth and ltc
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5594 posts
Posted on 12/23/17 at 9:06 am to
I put money in the crypto world when ripple was in the .30 range. Couldn't buy it was waiting for confirmation. Bought it at .90 but didn't sweat it. Only thing is that I could have bought three times more when it was that low. Gonna hold that one long term. I think it has potential for something big in the years to come

If you like to day trade, seems the alts would be for you but there is risk. For instance if you buy $1000 worth of LTC for $300 and it jumps to $600 You could make the same money if you put $1000 on one of the alts trading at $0.02 if it jumps to $0.04 You dobled your money on both

This post was edited on 12/23/17 at 9:08 am
Posted by bstew3006
318
Member since Dec 2007
13007 posts
Posted on 12/23/17 at 9:17 am to
XVG has surged since last night. I sold about half of my XVG to help diverse across XVG, xrp, trx, vib, xlm. Then XVG goes up 130% lol.

Really shows to just buy and hold. Stop trying to day trade. If you want more of another, deposit and buy.
This post was edited on 12/23/17 at 9:19 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82118 posts
Posted on 12/23/17 at 10:11 am to
quote:

Alts are for people that have more skin in the game, for now I'm going to stick with eth and ltc

Bingo

New people should establish a bit position is the majors, then use extra funds to have fun with alts.
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