Crypto.com sounds like Robinhood for crypto. Stay away from it.
And the ABML is strong in this thread.
And the ABML is strong in this thread.
SidetrackAg said:proc said:
Dayum, where did YFI come from?
And what the hell is it?!
Quote:
Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.
Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.
Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.
irish pete ag06 said:
Any folks doing the SHIB thing?
Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
Man, crypto.com still hasn't verified my account! I'd like to throw a little lunch money at it.Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
irish pete ag06 said:Man, crypto.com still hasn't verified my account! I'd like to throw a little lunch money at it.Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
Jet Black said:irish pete ag06 said:Man, crypto.com still hasn't verified my account! I'd like to throw a little lunch money at it.Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
Mine either. I ended up buying it through uniswap. Total pain in the ass. No clue how to sell it but I assume that won't be an issue for a while.
XXXVII said:Jet Black said:irish pete ag06 said:Man, crypto.com still hasn't verified my account! I'd like to throw a little lunch money at it.Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
Mine either. I ended up buying it through uniswap. Total pain in the ass. No clue how to sell it but I assume that won't be an issue for a while.
I want to try this just to see if I can make some meme coin money. What's the process for this? Anything to be careful of?
Danwell Home said:
How are y'all funding crypto.com? Tried linking my Chase CC but had an instant rejection with no flags or notifications when I sign into my chase acct. I'm looking to add a few coins on crypto.com I don't have access to on Coinbase.
Jet Black said:XXXVII said:Jet Black said:irish pete ag06 said:Man, crypto.com still hasn't verified my account! I'd like to throw a little lunch money at it.Jet Black said:irish pete ag06 said:
Any folks doing the SHIB thing?
Bought 2 million for sheets and giggles. Hey, you never know.
Mine either. I ended up buying it through uniswap. Total pain in the ass. No clue how to sell it but I assume that won't be an issue for a while.
I want to try this just to see if I can make some meme coin money. What's the process for this? Anything to be careful of?
I am no expert. I muddled my way through it twice. Once for safemoon and once for shiba. The fees are very high. There could be a way around it but I don't know what it is. Maybe someone else can chime in.
wtmartinaggie said:
I hold ADA, BTC, ETH & XLM
wtmartinaggie said:
so let's discuss risk here....
The third world stands to benefit most from access to cryptos. it's already a huge thing in africa. is the worry about US regulation really warranted? It's a global concept at this point. I see risk in BTC because of it's heavy consolidation in China, but many of the other currencies are much better distributed. as those countries become larger users of the platforms, connection stability could become a risk.
Security seems like a risk. If a blockchain is hacked that's a doomsday scenario. A project like that will demand quantum computing power, which at this point seems like an eventuality rather than a possibility.
Investor sentiment could turn, but it seems like insitutional adoption is creating a bit of a floor for the larger coins. There's going to have to be an extinction event eventually that wipes out the extraneous/non-viable, but it is probably naive to think that the top of the class won't grow in relevance.
Aside from that, it seems that pandora is out of the box and the uses for these platforms will only continue to grow in relevance. i guess the main question is, what values will the cryptos themselves demand vs the value the platforms create.
super interesting stuff for sure....
I hold ADA, BTC, ETH & XLM
ac04 said:
your profit on the ETH
I don't see how you can get taxed on a loss, but then again we're in a crazy new world.XXXVII said:ac04 said:
your profit on the ETH
What if it was ETH I just bought and the price dropped before I swapped it?
No. I have both and yet to use Pro because the interface is not super intuitive and I haven't taken the time to play with it.Colt98 said:
Coinbase question. If I originally opened and funded a coinbase accts and want to switch to pro, will my stuff transfer?
Colt98 said:
Coinbase question. If I originally opened and funded a coinbase accts and want to switch to pro, will my stuff transfer?
agcrock2005 said:I don't see how you can get taxed on a loss, but then again we're in a crazy new world.XXXVII said:ac04 said:
your profit on the ETH
What if it was ETH I just bought and the price dropped before I swapped it?
Chrundle the Great said:
And also did you ever really "take profit" if you swapped eth for shib directly? For example if this was Apple and Exxon stock you couldn't buy Exxon stock with portions of your apple stock you have to sell apple (take profit) and buy Exxon with the profit. No USD profit was taken in the crypto example.
Now when shib moons or whatever and op takes his profits as USD that's a pretty easy calculation original USD amount used to buy eth that became shib vs the profit op pulls in the end. When the end happens and proving it is probably why I still don't know what I'm talking about.
agsalaska said:Colt98 said:
Coinbase question. If I originally opened and funded a coinbase accts and want to switch to pro, will my stuff transfer?
Yes. I just did it over the weekend. It is instant