Crypto-trading thread

928,402 Views | 9585 Replies | Last: 18 hrs ago by Yukon Cornelius
jeremy
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AG
Comeby!
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AG
Looks like a buy.
LatinAggie1997
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AG
jeremy said:

Got a 4 hour buy signal according to Market cipher. I've found that buy signal in conjunction with Vwap and a free screen called wolf-pack means good things at least for a while.

Wolfpack hasn't crossed yet, so I'd hold off your buy for a bit. I'll post the Market Cipher photo shortly so ya'll can make your own choices.


Again, if BTC rebounds for a while here, expect almost all other crypto to do the same. Just a "heads-up".




Do you use the same 4hr green dot signal on the cipher like BitBoy Ben?
jeremy
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My friend and I bought market cipher about the same time. He watches a lot of youtube videos and we bounce ideas off of each other, so yeah probably the same. I've watched some cryptoface and a farmer guy who is new but good.

I think my problems last week were using way too early time frames. It seems so obvious now.
mrmill3218
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AG
What are some good YouTube videos I can watch to learn more? I don't make a lot of money and therefore can't invest a lot, but I see crypto as a way to potentially build some wealth. But I just want to be literate and learn. What are some good resources?
tamu02
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mrmill3218 said:

What are some good YouTube videos I can watch to learn more? I don't make a lot of money and therefore can't invest a lot, but I see crypto as a way to potentially build some wealth. But I just want to be literate and learn. What are some good resources?


Download Coinbase and watch the tutorials. It's a great way to learn and you get free crypto.
mrmill3218
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Thank you. I have it already actually. I have $250 in Chainlink and $750 in Bitcoin. I will check out the tutorials on there. Didn't know they had any.
Comeby!
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ADA hard fork tonight is contributing to the run up. Some sell pressure right now, off highs. Likely profit taking.
AgPrognosticator
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Comeby! said:

ADA hard fork tonight is contributing to the run up. Some sell pressure right now, off highs. Likely profit taking.


BTC is up 2.5% today while ADA is up 5%.

Folks that took their profit did so last night.
AgPrognosticator
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AgPrognosticator said:

Comeby! said:

ADA hard fork tonight is contributing to the run up. Some sell pressure right now, off highs. Likely profit taking.


BTC is up 2.5% today while ADA is up 5%.

Folks that took their profit did so last night.


For what it's worth, I am looking for one of LINK, ADA or DOT to decouple from BTC in the next 3 months.

DOT and ADA have already shown real signs of doing so recently.
jeremy
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Yes, I made a pretty good Profit on Ada since last Sunday when this crap-storm with BTC started.
jeremy
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My stocks that are too heavily invested in crypto are doing nicely today. Last week was rough.
wareagle044
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jeremy said:

My stocks that are too heavily invested in crypto are doing nicely today. Last week was rough.


Keeping my eyes on it but looks like we may ride this week. BTC back up to $48k
LatinAggie1997
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mrmill3218 said:

What are some good YouTube videos I can watch to learn more? I don't make a lot of money and therefore can't invest a lot, but I see crypto as a way to potentially build some wealth. But I just want to be literate and learn. What are some good resources?



Here are a few I watch. Subscribe and go through their videos to see tutorials, updates, projections, tips, etc.

BitBoy
Cheeky Crypto
Coin Bureau
Alt Coin Daily
Fireman
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LatinAggie1997 said:

mrmill3218 said:

What are some good YouTube videos I can watch to learn more? I don't make a lot of money and therefore can't invest a lot, but I see crypto as a way to potentially build some wealth. But I just want to be literate and learn. What are some good resources?



Here are a few I watch. Subscribe and go through their videos to see tutorials, updates, projections, tips, etc.

BitBoy
Cheeky Crypto
Coin Bureau
Alt Coin Daily
I like Crypto Zombie quite a bit as his TA has been solid for Bitcoin and I've made quite a bit on Polkadot (DOT) following his YouTube channel.
LatinAggie1997
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AG
I follow 4 other crypto channels but not Zombie. I'll have to check them out. The above are my go tos as they seem to be ahead of the news or at least in tune.
President-elect
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Question from a newbie trying to learn a little about crypto investing. Bought a small amount using Coinbase. Also have the Coinbase wallet.

If I transfer coins to my wallet, does that end my position on the Coinbase exchange, or does it just store the coins in my wallet without closing the position?

In other words, is it like taking money out of the account?
Fireman
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Who knows - there may be a lot of zombies out there. This is the guy I like (below). Follow him more than the rest:

https://www.youtube.com/channel/UCiUnrCUGCJTCC7KjuW493Ww
LatinAggie1997
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It just keeps it more safe and under your control.
jeremy
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Fireman said:

Who knows - there may be a lot of zombies out there. This is the guy I like (below). Follow him more than the rest:

https://www.youtube.com/channel/UCiUnrCUGCJTCC7KjuW493Ww
Thanks for the link. I hadn't run across this guy, so I'll see what I can learn.

wareagle044
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The Coinbase tutorials got me almost $50 in free crypto - that was a fun way to spend 15 mins last night while waiting ti buy all the dips

Http://coinbase.com/join/greene_9ygx?src=ios-link


Gensler's confirmation should be beneficial to crypto
jeremy
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I don't know Gensler's confirmation. Sounds interesting.

wareagle044
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jeremy said:

I don't know Gensler's confirmation. Sounds interesting.




https://www.investopedia.com/what-does-gary-gensler-as-sec-chief-mean-for-crypto-5095573
AgPrognosticator
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Any crypto experts able to identify the next low cap alt?

I'm looking for a low cap alt (less than $2.5B) to roll the dice on.

Chainlink has already been a home run. What's next?
CrottyKid
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I bet on REN a few months ago. It ran up over a dollar but so far just fluctuates between $1 and $1.25 mostly since then.
wareagle044
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AgPrognosticator said:

Any crypto experts able to identify the next low cap alt?

I'm looking for a low cap alt (less than $2.5B) to roll the dice on.

Chainlink has already been a home run. What's next?


Expert I am not, but I'm up 12% on digibyte (dgb)
Spudman
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I've just begun to dig into NEST protocol. Their methodology makes a lot of sense, and it trades cheaply.

Not sure if they're the next big thing, but it wouldn't take much to make big returns if it jumps a little.
MR Gadsden
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Want something really small cap? Check out Unilock. They just announced they are on binance chain today.
Skillet Shot
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AgPrognosticator said:

Any crypto experts able to identify the next low cap alt?

I'm looking for a low cap alt (less than $2.5B) to roll the dice on.

Chainlink has already been a home run. What's next?
If you invested into any alt coin at any time in 2020 and held to now, it would have been a homerun. A true winner is a coin that can decouple from the bitcoin price and establish standalone value. I like $VET, but I'm not an expert.
wareagle044
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Skillet Shot said:

AgPrognosticator said:

Any crypto experts able to identify the next low cap alt?

I'm looking for a low cap alt (less than $2.5B) to roll the dice on.

Chainlink has already been a home run. What's next?
If you invested into any alt coin at any time in 2020 and held to now, it would have been a homerun. A true winner is a coin that can decouple from the bitcoin price and establish standalone value. I like $VET, but I'm not an expert.


I hold VET as well. I have high hopes for it.
CinchAG97
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President-elect said:

Question from a newbie trying to learn a little about crypto investing. Bought a small amount using Coinbase. Also have the Coinbase wallet.

If I transfer coins to my wallet, does that end my position on the Coinbase exchange, or does it just store the coins in my wallet without closing the position?

In other words, is it like taking money out of the account?


To trade your coins for another coin, I believe you would need to transfer back into Coinbase or to another exchange. You can connect DeFi exchanges to your Coinbase wallet and trade there.

If you're asking with regards to taxes, taking coins off an exchange does not constitute a taxable event. Converting those coins to another crypto or USD is a taxable event. At least that is my understanding and I'm not a tax professional.
CinchAG97
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AgPrognosticator said:

Any crypto experts able to identify the next low cap alt?

I'm looking for a low cap alt (less than $2.5B) to roll the dice on.

Chainlink has already been a home run. What's next?


Not an expert, but here's some alts to look into:
FTM - Fantom
RSR - Reserve Rights Token
BNT - Bancor Network Token - superior DeFi exchange to Uniswap or Sushiswap, imo
DAG - Constellation
LINA - Linear Finance
EXRD - eRadix
POND - Marlin
ROOK - KeeperDAO
BADGER - BadgerDAO
YAX - Y Axis
LPOOL - LaunchPool

All are very interesting projects to me, and established enough for me to not think it's a scam but still new enough to be really early.
AgPrognosticator
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AG
I've been reading some positive things about ALGO.
wareagle044
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AgPrognosticator said:

I've been reading some positive things about ALGO.



Algo is probably a good buy right now - if you purchase on Coinbase you get 6% APY which is kind of neat
President-elect
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Thanks for the info.
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