Crypto-trading thread

940,516 Views | 9645 Replies | Last: 3 hrs ago by Yukon Cornelius
LatinAggie1997
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Decay said:

biglebowski said:

SidetrackAg said:

Crazy that the market has been down as a whole since Saturday.


Perhaps a rebound day is in order.

When you guys research a crypto what metrics do you use to determine if you want to invest into it?


Market cap, coin amount, total possible amount, price, liquidity, use case, if it's a cute Chinese dog or not.



This ^ BUT first on my list is the team behind the coin, their education, and/or relevant experience.

Example. Harmony One is a group of former Google, Amazon, and Apple coders, software engineers, and a Harvard finance guy.
XXXVII
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TxAG#2011 said:

You gotta be crazy to be buying safemoon right now. That is an imminent rugpull if I've ever seen one


Lol, I was extremely hesitant to buy it, and then I looked at the pictures of the devs and confirmed my doubt. They look like hispter bums. Maybe I'm being too judgemental, but they do not look professional at all.

https://safemoon.net/team
wareagle044
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LatinAggie1997 said:

Decay said:

biglebowski said:

SidetrackAg said:

Crazy that the market has been down as a whole since Saturday.


Perhaps a rebound day is in order.

When you guys research a crypto what metrics do you use to determine if you want to invest into it?


Market cap, coin amount, total possible amount, price, liquidity, use case, if it's a cute Chinese dog or not.




This ^ BUT first on my list is the team behind the coin, their education, and/or relevant experience.

Example. Harmony One is a group of former Google, Amazon, and Apple coders, software engineers, and a Harvard finance guy.


Is there a group with better connections for some of the most lucrative partnership possibilities out there than Harmony? I'm betting big on that team and tech right now.
JD Shellnut
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AG
Wish I could buy some harmony on Gemini.
Playa00
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I want to buy some TEL but the steps I came across on google lost me. Anyone have steps for easy purchase? All I work in is Uphold and coinbase
SidetrackAg
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Drifter. said:

Wish I could buy some harmony on Gemini.


Same here, but Coinbase
YourFavAggie
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XXXVII said:

TxAG#2011 said:

You gotta be crazy to be buying safemoon right now. That is an imminent rugpull if I've ever seen one


Lol, I was extremely hesitant to buy it, and then I looked at the pictures of the devs and confirmed my doubt. They look like hispter bums. Maybe I'm being too judgemental, but they do not look professional at all.

https://safemoon.net/team
Very rich hipster bums at this point
Eyes of texas Crying
Jerkin_my_durkin
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I'm riding out my safemoon, the dev team has actually been very professional through the attacks by waronrugs ( which is a scam itslef) and poo coin because they got angry at safe moon, which they admit. Never put money you cant lose into these risky projects but following the dev team I'm actually impressed by how professionally they are handling the attacks. Also the team has doxxed themselves so I'll ride with it if it's a rug pull or not
Diggity
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AG
did you start giggling at the absurdity of the words you were typing at some point?
Jerkin_my_durkin
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Waronrugs is a scam they ask for donations just because they have a 3% hit rate. When people put in to, what I call, **** coins, there is massive risk, look at some of these things, moonshot, moon pirate, the amount of coins, it's all absurd and if they rug pull or end up being nothing but a meme coin its devastating to the real projects that are building in crypto currency. Obviously I put my money in things like Vechain, Link, Algorand, Cardano and others like that but there is a little gambling excitement in **** coins. I basically put in money I would normally use when betting on sports. But the development team has done a fair job of handling the attacks by waronrugs, they have doxxed themselves and there is always risk when thinking about getting into these things, most people get in feeling they will get rich when most of these **** coins are rug pulls. You can laugh and " giggle" or you can hold a real conversation. I put in play money at the very beginning, I wouldnt buy any of these coins when they get up past a certain point, and i definitely wouldnt buy it at this price. It's an interesting project though if it turns out not to be a rugpull
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TxAG#2011
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You don't need any knowledge of the project to know buying a coin that just pumped 1000% and is being shilled all over social media is a bad idea.

It's literally gambling at that point.
XXXVII
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Assuming you can even get the money out...
Jerkin_my_durkin
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Actually I have a question kind of about withdrawing funds. When I do these **** coins I always pull out the amount I initially put in once it gets high enough, I did it with safemoon a few days ago when it got up to enough I pulled out enough to give me my 200 back. My question is, do any of yall do that with any of your coin investments too? I only do it with **** coins and it got me thinking about if I should with my other cryptos if they get up to a certain amount
TxAG#2011
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The Ethereum/Bitcoin chart is damn scary good. Said it before but if you don't own Eth you're going to regret it.
Decay
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aggiengeorgia10 said:

Actually I have a question kind of about withdrawing funds. When I do these **** coins I always pull out the amount I initially put in once it gets high enough, I did it with safemoon a few days ago when it got up to enough I pulled out enough to give me my 200 back. My question is, do any of yall do that with any of your coin investments too? I only do it with **** coins and it got me thinking about if I should with my other cryptos if they get up to a certain amount
Real coins are worth the time investment. Let them ride unless you're actively trying to manipulate trade advantages.

Get your profits wherever you can with the junk coins. Nothing wrong with letting some stay in in case they continue to blow up, but if you have a chance to get your money back, DO IT.
YouBet
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AG
aggiengeorgia10 said:

Actually I have a question kind of about withdrawing funds. When I do these **** coins I always pull out the amount I initially put in once it gets high enough, I did it with safemoon a few days ago when it got up to enough I pulled out enough to give me my 200 back. My question is, do any of yall do that with any of your coin investments too? I only do it with **** coins and it got me thinking about if I should with my other cryptos if they get up to a certain amount
You are more or less employing the net free strategy the stock board uses so it makes sense in that regard.

I'm just letting mine ride to untold riches or a glorious crash and burn. It's entertainment expense for me but everyone's risk tolerance is different.
AgPrognosticator
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Worried about central bank blockchain/digital currencies.

Anyone else concerned that BTC and company lose 50%+ in one day after the announcement of a centralized blockchain currency? IE, USDD or something similar.
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TxAG#2011
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We already have digital dollars. USDC....
MRB10
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https://open.spotify.com/episode/7GWsrCSCWrLVPAz6JMeioi?si=V2gV_XcLRjqlzfOKnMAzgg&context=spotify%3Ashow%3A5rlksOLniypAgBEkebMkoo

Guy presents an interesting case for $12M BTC by 2031.
Suggests the dollar will have devalued such an extent that it will spend like $1M in 2021 dollars.
Fireman
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I think BTC dropping below 50% dominance is a bullish signal that others will pick up on, and begin switching back from ETH and others resulting in a strong run towards $70K soon. Not financial advice - GL!
XXXVII
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TxAG#2011 said:

The Ethereum/Bitcoin chart is damn scary good. Said it before but if you don't own Eth you're going to regret it.


I got a little bit today right before it shot up along with some more LINK. What do you think is a good amount to eventually hold in ETH?
TxAG#2011
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XXXVII said:

TxAG#2011 said:

The Ethereum/Bitcoin chart is damn scary good. Said it before but if you don't own Eth you're going to regret it.


I got a little bit today right before it shot up along with some more LINK. What do you think is a good amount to eventually hold in ETH?
I've been stacking as much as I can possibly be comfortable with in my stock accounts through ETHE and still buying more.

Research EIP 1559 the next upgrade protocol with staking rewards and Eth burn. 25% APR is realistic.
Chrundle the Great
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https://kraken.docsend.com/view/pfucb9rvzrxt6heb

27 page report on the rise of Central Bank Digital Currencies by Kraken.

(Let me know if the link doesn't work)
XXXVII
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Thanks biden for tanking bitcoin today.
Ags2013
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Thoughts on how low ETH will dip here? I'm probably going to add to my position in the morning.
XXXVII
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Ags2013 said:

Thoughts on how low ETH will dip here? I'm probably going to add to my position in the morning.


Of course I bought my first ETH this morning. Wish I had waited.
AgPrognosticator
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AG
Sold 20 ETH at $2,600. I'll buy again once I see some resistance.
AgPrognosticator
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XXXVII said:

Thanks biden for tanking bitcoin today.
What did Biden say?
Comeby!
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AgPrognosticator said:

Sold 20 ETH at $2,600. I'll buy again once I see some resistance.


How are you handling the swing trading from a tax perspective?
XXXVII
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AgPrognosticator said:

XXXVII said:

Thanks biden for tanking bitcoin today.
What did Biden say?


Right around noon today the news came out that biden wants to increase the capital gains tax to 40% for "the wealthy." That's the reason for the stock market and a lot of cryptocurrency dropping right around that same time today.
Ags2013
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XXXVII said:

Ags2013 said:

Thoughts on how low ETH will dip here? I'm probably going to add to my position in the morning.


Of course I bought my first ETH this morning. Wish I had waited.
It's certainly a long play. You'll be alright.
TxAG#2011
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Unfortunate timing. Ethereum will be up again no doubt.

And how bout SOL? Must be pricing in that sam donation eh
MRB10
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SOL has been a notable contrarian in the last two pullbacks. I'm averaged in around $15 and am staking the **** out of it.
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