If you do buy at an all time high, wait for it to go higher until you sell it. Look at all these coins. Whether it's bitcoin, litecoin, FunFair or almost any other fucking coin (as long as it isn't pure shit) they always go up in value over time. Almost always.
If the price goes down, that doesn't really mean sell. It just means you might have to hold it longer to make a profit. There are coins that shoot up and down every single day. It's very easy to get greedy or fearful and have those emotions cloud your judgment.
In theory you shouldn't buy at an all time high, but the thing with cryptos is that you never know when that will be. I dumped all my bitcoin into litecoin when it hit the "all time high" of $120. Soon it was $160...it dipped down to $125 or $130 and I really thought about selling but I didn't. I held steady and then by Tuesday morning it was $370.
That might sound like a fluke, but that sort of thing happens more often than you think. Sure, I wish I had sold at $370 and bought the dip, but I didn't do that and so now I'm just holding it. I have no doubt that coin will once again be that high.
If it's a GOOD COIN. If it's truly a good coin, and not complete shit, people will realize that and it will surpass it's all time high. Look at bitcoin, it continuously broke all time highs throughout the year as did many other coins (ETH, LTC, etc)
Fun Fair is a good coin. You may have been imprecise by buying at ATH today. But that doesn't mean it's not a good hold. It will probably pass the ATH again. It could be today, it could be in a few days when they make their major announcement Wednesday. It could be in January when things get rolling, but rest assured it will happen.
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Monday, December 18, 2017
Wednesday, December 6, 2017
Crypto General #1: Bearish af
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- Crypto General #1: Bearish af
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I'm planning on converting one of my ltc to Obsidian, do you think this is a good move?
Id have one ltc left, I also bought 200 dollars worth of eth
~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gif |
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What alt coins do you recommend getting into?
I got some into bitcoin and eth like thirty bucks in total because I'm new to this. I may put some into Litecoin. I'm thinking about increasing what I've invested but I'm looking to see when the three big ones calm down because eth and bitcoin have been really down.
Check out my funny youtube channel I guess...
https://www.youtube.com/channel/UCh4BPUqx-fUnHjHVgiB-Kbw |
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Turbam posted...
I'm planning on converting one of my ltc to Obsidian, do you think this is a good move? I'd keep the LTC, much more likely to go up in value SwordMaster13X posted... What alt coins do you recommend getting into? In order of what you should invest in (imo): 1. ETH 2. BTC 3. LTC 4. XMR 5. BAT 6. WTC 7. NEO 8. SC 9. Bcash 10. LINK Personally I'm 45% BTC, 35% ETH, 15% LTC, 5% alts |
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Verge coin is the future tbh
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Alrighty, guess I'll keep the ltc for now.
are there any penny coins that you've heard anything about?
~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gif |
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Turbam posted...
Alrighty, guess I'll keep the ltc for now. Not really, I don't do much research into new altcoins. Bloom maybe, Cardano or whatever is ripping ass, SC, BAT, and DOGE are all cheap. You should be looking for good coins with promising teams and low market caps rather than the price of the coin itself. |
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Mr Hangman posted...
Not at all because a) it's never enforced anyway and b) the whole point of cryptocurrencies is to be resistant to interference. If it's never enforced then why would ISPs lobby so hard to repeal it? And how is cryptocurrency resistant to the effects of reduced shareholder confidence?
If you like sluggers to beat off your head, don't organize, all unions despise.
If you want nothing before you are dead, shake hands with your boss, look wise. |
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clearaflagrantj posted...
Turbam posted...Alrighty, guess I'll keep the ltc for now. Ok, thanks. I guess I'll start trying to do research on alt coins.
~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gif |
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Didn't Dogecoin crash hard tho?
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I'm currently waiting for my first haul from coinbase.
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Cardano seems like a coin that is a solid investment IMO. It came out in September and it's already done as well as it has. I can definitely see it making people rich in a few years. The problem with it though is the circulating supply. In order for it to hit even $1 a coin it would need something like a 28 billion in market cap, so it still has a long way to go.
Might be able to make some money off of NXT, I think on Christmas if you own NXT you will be given 0.5 Ignis for every NXT, and Ignis is a new blockchain. I imagine people will start pumping NXT closer to Christmas, but I'm extremely new to this and I could be completely wrong on that. FFVII_REMAKE posted... How do you determine how many altcoins to buy? For example I've got like 20 ripple coins since everyone is talking about it and its dirt cheap and only a few others like in SC and CVC. You buy as much as you're willing to invest. Don't look at it by coin count, determine how much money you want to put in and then see how many coins you'll get with it. |
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Godnorgosh posted...
If it's never enforced then why would ISPs lobby so hard to repeal it? And how is cryptocurrency resistant to the effects of reduced shareholder confidence? In many places speed limits are rarely enforced and everyone speeds all the time. Should no one care about the speed limit then? No, because it creates an opportunity for abuse of power, a pretense for harassing someone when police decide they want to. Even if the FCC is lax in their enforcement of this, it creates uncertainty for business. They might get away with violating it and might not. Cryptocurrency isn't immune to reduced confidence, but why should either these regulations or ISP activity done in their absence reduce your confidence? There's no reason to think there will be any impact.
What senses do we lack that we cannot see and cannot hear another world all around us? -Dune
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Been waiting a while for LTC to go back up. Intended to sell at $100 to put into IOTA and ARK but now idk...
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FFVII_REMAKE posted...
Literally no mentions of ADA, XRP, and CLOAK. ADA obviously has potential because it shot up to Top 10 overnight, but I have barely done any research on it XRP is dogshit even though I own some What is CLOAK? TheMarthKoopa posted... Is Vertcoin good Yes, keep mining it. NeonOctopus posted... Didn't Dogecoin crash hard tho? Yes Doge is weird, it only goes up in value because it's a gimmick, and that's why it's as valuable as it is, I don't think it will ever go away so I don't see a problem in putting a tiny amount in it for the memegains. |
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tag
back when litecoin briefly hit 96 in july i sold what i had, made 3k. would have reinvested that, but fell on some tough times. it's time i finally learn about this shit for real though clear, what are some the resources you've been utilizing to get information/news? do you know of any comprehensive beginner guides? |
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FrenchCrunch posted...
tag Reddit Reddit Reddit Reddit r/BitcoinMarkets r/ethtrader r/LitecoinMarkets r/CryptoCurrency |
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R/cryptocurrency is such a circle jerk even though I use it all the time...
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clearaflagrantj posted...
FrenchCrunch posted...tag for my experience, reddit has a very skewed, cult-like mentality. Especially the Bitcoin sub forum. Basically, it's "THE_DONALD" but with hackercash. |
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So when should I be looking to buy more btc/eth/ltc? I know dips, but as they go up over time it seems like earlier is generally better.
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worth investing in ChainLink? It is ATL with an ambitious roadmap. But the coin has suffered by lots of P&D schemes
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DifferentialEquation posted...
What sites do you recommend for trading alts? use whatever market that has the highest volume. They are less prone to manipulation Here are the available markets for ETH for example: https://coinmarketcap.com/currencies/ethereum/#markets |
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DifferentialEquation posted...
What sites do you recommend for trading alts? Bittrex
Stop asking me if I'm Jessica Simpson. Jewish girls
Survivor is the greatest show EVER. are hawt |
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Rob Cesternino posted...
DifferentialEquation posted...What sites do you recommend for trading alts? Binance too FightingGames posted... worth investing in ChainLink? It is ATL with an ambitious roadmap. But the coin has suffered by lots of P&D schemes I'm bagholding LINK right now, I think it's worth it |
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What's the easiest way to buy $2-5k of LTC?
Go to coinbase, buy it via CC, maybe deposit it into Exodus wallet? Is this what I should be doing? |
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Dragon239 posted...
What's the easiest way to buy $2-5k of LTC? I see three options to buy LTC: 1. Register on Coinbase, link your bank account, buy at a 1.5% fee 2. Register on Coinbase, transfer money to your linked GDAX account (same company, different website), wait 4-5 business days for a money deposit to fill, then buy LTC at either a 0.25% or 0.00% fee (though waiting 4-5 days means the price can change) 3. Register on Gemini, buy BTC and ETH at a very low fee (I forgot what their fee is but it's low as fuck), move the BTC and ETH to either Coinbase, Bittrex, or Binance, then trade to LTC (or any alt). Also I can't speak for the Exodus wallet, I suggest a Ledger Nano S or a Trezor but those can take some time for shipment. |
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GoriIIa posted...
Will cryptos crash it already crashed at least 10 times |
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What makes a coin "good"? I have no idea what kind of information I should be looking for between altcoins that determines whether or not it could be a good investment. People just say bid on these or those altcoins but don't state why.
Most of them seem to do the same exact thing which is to be decentralized with quick processing transactions and low fees. What am I looking for beyond that? |
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closetkpopfan posted...
Might be able to make some money off of NXT, I think on Christmas if you own NXT you will be given 0.5 Ignis for every NXT, and Ignis is a new blockchain. I imagine people will start pumping NXT closer to Christmas, but I'm extremely new to this and I could be completely wrong on that. Looks like it's taking off right now, wish I had trusted my gut and got more then I did. Oh well, still a long ways until Christmas so I expect it will dip a bit before then after this spike. |
- Boards
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- Crypto General #1: Bearish af
- Boards
- Current Events
- Crypto General #1: Bearish af
FFVII_REMAKE posted...What makes a coin "good"?
detailed whitepaper, well-designed website, active developers, roadmap is available with reached milestones, and no snake activity in value charts.Just figured I'd post the link to the Crypto board for anyone interested.
https://www.gamefaqs.com/boards/1395-cryptocurrency"You need to lay off the peanut-butthurt and u-jelly sandwiches" - Neon OctopusxBloodBrotherx posted...So what are some alt coins to get for really cheap and sit on for awhile?
How does mining work and is it worth getting into?
hardly an expert, but I think ripple and cardano are both worth buying.
I got $50 worth of each, so if they shit the bed its no big loss.
From what I was reading, one of the main people at cardano was part of Ethereum and that may help its gains in the future.FLUFFYGERM posted...Hope yall bought some Litecoin and Ethereum Classic when I told you to.
Litecoin is a Dead Man Walking, the lightning network will be the end of itBignutzisBack posted...FLUFFYGERM posted...
Hope yall bought some Litecoin and Ethereum Classic when I told you to.
Litecoin is a Dead Man Walking, the lightning network will be the end of it
Nope, the Lightning Network upgrade will help with scalability. Will enable billions of transactions per day at a lower cost.but Marxist theory is extremely consistent, both internally and with reality. -averagejeolFLUFFYGERM posted...Will enable billions of transactions per day at a lower cost.
Correct, it will take the only advantage Litecoin has over Bitcoin away. Speedy and cheap transactions. Once it hits many altcoins will die out.i think im gonna buy more lite tomorrow or when it dips a bitanyone know when they are supposed to replenish gpu supplies?
i read a year ago they were ramping up since coin miners ate up supply and drove up prices but I've yet to see this happen.Ok, so I'm planning on investing 300 a month into crypto.
Would 150 into LTC and 150 into Eth be a good idea?~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gifScottSweatshirt posted...How does the money increase when you invest? For instance, if were to put in a hundred into bitcoin, the carryingvalue would have to double before my hundred turns into two hundred right?
Yeah, start learning to calculate your profits in percents.
Coin rose 50% so your profits rose 50%.clearaflagrantj posted...Turbam posted...
Ok, so I'm planning on investing 300 a month into crypto.
Would 150 into LTC and 150 into Eth be a good idea?
It would be
I'd suggest 100 BTC, 100 ETH, 50 LTC, and 50 into alts like XMR and VTC though
Is it even worth getting into BTC right now?
I know that it'll most likely continue to grow, but it seems too pricey for me~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gifclearaflagrantj posted...iamintents posted...
Get some iota too
I snagged a hundred when they were a little less than a buck just for shits and giggles, nice surprise to see it has tripled
Noice!Turtlebread posted...I sold all my iota about 3 weeks ago
lmfao
Buy morenah
what is bitcoin diamond? I guess a fork, but should I be selling this shit instantly?Turbam posted...Is it even worth getting into BTC right now?
I know that it'll most likely continue to grow, but it seems too pricey for me
That depends, would you have bought Amazon stock in 1997 if you could?
Turtlebread posted...nah
what is bitcoin diamond? I guess a fork, but should I be selling this shit instantly?
It is the dumbest scam fork yet. From what I understand the snapshot happened a couple of weeks ago and "apparently" it's online but replay protection isn't guaranteed and there are very few wallets that aren't shady as fuck. The BCD dev team lied and said Ledger supported a wallet for BCD and ledger came out and said that they have zero plans for it.
I'm waiting for the dust to settle before even bothering to research how to dump the damn thing.GoriIIa posted...Sorry if this is a dumb question.
What happens if Bitcoin/cryptocurrencies get regulated?
Will they drop in price? Isn’t one of the things they have going for them is that they’re non-regulated?
Bitcoin cannot be regulated/stopped unless the Internet is shut down
Exchanges can be closed but you will always have your cryptos if they're on your personal walletI'll probably jump on board when it goes back down to $1 to $5 a coin and put like $50-$500 into it and just let it sit for awhile.
That way if I lose $50-$500 bucks, it's not really a big issue. But if it goes back up to monstrous amounts. I'll just cash it all out and put that money into a long term investment fund.It's far better to be alive than to be deadNeverOffended posted...@clearaflagrantj what do you see a bitcoin being worth in 15 years?
Somewhere between $100,000 a coin to $1,000,000. I'd say $200,000 is a safe bet. That's assuming Bitcoin survives the inevitable massive crypto bubble and isn't replaced by something else, like ETH or IOTA.I tried verifying my identity on coinbase. It said it would take a few minutes, and now 45 minutes later I'm still waiting and it won't let me do anything.KainWind posted...I tried verifying my identity on coinbase. It said it would take a few minutes, and now 45 minutes later I'm still waiting and it won't let me do anything.
yeah it can take a while. one site took 3 days because of demand.iamintents posted...KainWind posted...
I tried verifying my identity on coinbase. It said it would take a few minutes, and now 45 minutes later I'm still waiting and it won't let me do anything.
yeah it can take a while. one site took 3 days because of demand.
^ This. Gemini takes even longerguys I think it's pretty obvious that if you own one fourth of a bitcoin you will be a millionaire in 15 yearsBignutzisBack posted...guys I think it's pretty obvious that if you own one fourth of a bitcoin you will be a millionaire in 15 years
bignutz going Gekko on usiamintents posted...KainWind posted...
I tried verifying my identity on coinbase. It said it would take a few minutes, and now 45 minutes later I'm still waiting and it won't let me do anything.
yeah it can take a while. one site took 3 days because of demand.
Does that mean it was at least able to recognize everything? I waited for the loading bar that took about 15 minutes to fill, but I just exited it because nothing happened.i know most of the crypto CEople are only buying and selling, but if any of you mine, what are your thoughts on gpus designed explicitly for mining. do they hash as well (or better?) than similarly priced cards? I'm debating grabbing a few cards soon, and just saw that these things exist. they're a little more expensive than I was hoping to pay, but I do really like the idea behind them.Boom! That's right, this is all happening! You cannot change the channel now!
Act now! Venchmen are standing by for your orders!clearaflagrantj posted...BignutzisBack posted...
guys I think it's pretty obvious that if you own one fourth of a bitcoin you will be a millionaire in 15 years
Bignutz do you have a quarter of a BTC?
I'm just about to half a coin, but it will be a few weeks or even a month before I make that final purchase to get thereKainWind posted...iamintents posted...
KainWind posted...
I tried verifying my identity on coinbase. It said it would take a few minutes, and now 45 minutes later I'm still waiting and it won't let me do anything.
yeah it can take a while. one site took 3 days because of demand.
Does that mean it was at least able to recognize everything? I waited for the loading bar that took about 15 minutes to fill, but I just exited it because nothing happened.
yeah, i think they sent an email, then another when it was approved.
i think if you go to 'account' in coinbase it will tell you the status.Okay I finally got it, thanks.Harpie posted...Bought $50 in Eth, prob gonna trade it for Iota and/or Ark in a few days
Both really good buys. If you purchase Ark, don't forget to move it to a local wallet and stake so you get free Ark every week. I can give you more detailed instructions when you get to that point.
clearaflagrantj posted...Vertcoin and Monero are pumping hard, 9.40 and 240 respectively
What did I tell you boys
Everything is pumping hard it seems. My Ark is flourishing.
@clearaflagrantj have you read anything about REQ? People expect it to explode by late 2018 but idk how much of what I'm reading is just straight shilling.BlazinBlue88 posted...Everything is pumping hard it seems. My Ark is flourishing.
@clearaflagrantj have you read anything about REQ? People expect it to explode by late 2018 but idk how much of what I'm reading is just straight shilling
I did a minimal amount of research, I'll probably just dump $100 on it as fun money and see what happens, I still have my shitty Bitcoin Gold to dump so I'd rather bet on REQ and other altsWhat app should I use to trade in VTC and IOTA?Steam Wishlist: http://steamcommunity.com/profiles/76561198043569354/wishlistAm I able to get altcoins with USD somewhere?- Boards
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- Crypto General #1: Bearish af
- Boards
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- Crypto General #1: Bearish af
KainWind posted...Am I able to get altcoins with USD somewhere?
You can use Bitstamp for some And Coinbase is most common
Other alt markets you have to xfer bit or ether and convertIt might be easier for me to just wait for my BTC to get here.- Boards
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- Crypto General #1: Bearish af
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