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Bitcoin-Explain to me how to buy these things (5 Viewers)

Whats the next buy here?  XLM has an ATH of .94 and it currently sitting at under .30.  Logic says ATH should be well within reach.  

I'll have some spending money if Matic can hit $2.65

 
ren hoek said:
I was being facetious of course- I think crypto is a huge risk asset and markets are in a historic bubble.  I’m waiting for blood in the streets to really start ponying up again.  Just sitting in metals for rn 

But best of luck to those who are buying 
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So you gave up on Bitcoin Cash?

 
jb1020 said:
Whats the next buy here?  XLM has an ATH of .94 and it currently sitting at under .30.  Logic says ATH should be well within reach.  

I'll have some spending money if Matic can hit $2.65
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I'm still focusing on gaming and meta plays although am waiting for another leg down.  SAND, WILD, NTVRK, and SUPER are my faves.  

 
So 3 days ago I decided to throw $100 each at a pair of ####coins just for fun.

I picked PizzaNFT and ChristmasFlokiX.  The extent of my research in selecting them was that they were the two largest gainers on coinmarketcap, but were still very new and were "only" up 500% or so.

PizzaNFT was a PITA to buy.  Had to set slippage tolerance to 17%.  ChristmasFloki was easy.

24 hours in PizzaNFT dropped 50%.  I went to sell, but even at tolerance 17% I kept getting errors.  I decided to write it off as a failed experiment, and went ahead and pulled out my ChristmasFlokiX at a 20% loss so the same thing didn't happen there, and at least I could walk away with my 80 bucks.  Again it sold easily with standard slippage.

It's now 48 hours later and ChristmasFlokiX is up 35,000%.  That $100 would now be worth $15,000 if I'd just left it alone.

:kicksrock:

 
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FreeBaGeL said:
So 3 days ago I decided to throw $100 each at a pair of ####coins just for fun.

I picked PizzaNFT and ChristmasFlokiX.  The extent of my research in selecting them was that they were the two largest gainers on coinmarketcap, but were still very new and were "only" up 500% or so.

PizzaNFT was a PITA to buy.  Had to set slippage tolerance to 17%.  ChristmasFloki was easy.

24 hours in PizzaNFT dropped 50%.  I went to sell, but even at tolerance 17% I kept getting errors.  I decided to write it off as a failed experiment, and went ahead and pulled out my ChristmasFlokiX at a 20% loss so the same thing didn't happen there, and at least I could walk away with my 80 bucks.  Again it sold easily with standard slippage.

It's now 48 hours later and ChristmasFlokiX is up 35,000%.  That $100 would now be worth $15,000 if I'd just left it alone.

:kicksrock:
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I feel fairly well versed on Crypto these days, but I'm clueless on this post.  No need to explain it though, just wanted to pass on my T's & P's.  

One of the first crypto purchases I made was $100 worth of Doge on Robinhood.  I think it was like 100k doge coins.  It went up about 20% then I read where it was basically a joke so I sold and took my $20 to the bank.  I could have turned that into about $50k if I hadn't tried to be smart.  

 
DEXs like Sushiswap, etc. use automated market makers in place of order books. Slippage tolerance is how much you are willing to allow the price to move on a particular transaction. Since you aren't using a market or limit order, you really have no idea what you are going to end up with price-wise, so you have to set slippage parameters for the trade. 

(just did that to see if I could explain it :nerd:  )

 
I read something this AM that piqued my interest about WAX, now I can't remember what it was and where I read it. :wall:  

seems like I recall some discussion of WAX in here... any WAX holders? 

 
eoMMan said:
R word in context of your post...bad joke...carry on...
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lol.  I get it now.  At first I thought you were referring to "Dem" which would be fitting for this place to find another reason to ban people. 

 
JerseyToughGuys said:
So you gave up on Bitcoin Cash?
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I think it'll do fine long term.  People will eventually figure out what functions as money and which ones don't.  But it won't do as well as others imo ($BAT).  

Captain Cranks said:
This congressional hearing is the worst.  The Dems are taking turns attempting to get me to vote R in 2022. 
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Yes, it's horrible.  This Brad Sherman guy literally takes boatloads of cash from the banking industry, then yells impotently into the void about crypto.  

 
I bought Mongoose coin, which someone created shortly after Sherman's rant about ETH replacing BTC and then DOGE replacing ETH and then Mongoose replacing DOGE.

Purely another gamble on a ####coin.  Down 40% so far.  Yeehaw.

 
FreeBaGeL said:
I bought Mongoose coin, which someone created shortly after Sherman's rant about ETH replacing BTC and then DOGE replacing ETH and then Mongoose replacing DOGE.

Purely another gamble on a ####coin.  Down 40% so far.  Yeehaw.
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Seriously sometimes I can’t tell if you guys are making stuff up. I mean I looked at that Christmas Floki X and according to that coin market cap the fully diluted cap is $50B and it’s been around for a week? 

 
stbugs said:
Seriously sometimes I can’t tell if you guys are making stuff up. I mean I looked at that Christmas Floki X and according to that coin market cap the fully diluted cap is $50B and it’s been around for a week? 
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Christmas Floki has 5x'd since the last time I posted.

My $100 gamble would be $80,000 right now if I'd just hodl'd like a good ape.

 
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Really thought there would be a nice bounce from the hearings yesterday where there was some really good information shared and mostly good questions asked by congress.  Oh well. 

Still finding cash to buy...

 
FreeBaGeL said:
So 3 days ago I decided to throw $100 each at a pair of ####coins just for fun.

I picked PizzaNFT and ChristmasFlokiX.  The extent of my research in selecting them was that they were the two largest gainers on coinmarketcap, but were still very new and were "only" up 500% or so.

PizzaNFT was a PITA to buy.  Had to set slippage tolerance to 17%.  ChristmasFloki was easy.

24 hours in PizzaNFT dropped 50%.  I went to sell, but even at tolerance 17% I kept getting errors.  I decided to write it off as a failed experiment, and went ahead and pulled out my ChristmasFlokiX at a 20% loss so the same thing didn't happen there, and at least I could walk away with my 80 bucks.  Again it sold easily with standard slippage.

It's now 48 hours later and ChristmasFlokiX is up 35,000%.  That $100 would now be worth $15,000 if I'd just left it alone.

:kicksrock:
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OMG

 
Football is over, decided to check in.  I still have some SHIB.  Am I old now?

Im just hanging.  :kicksrock:

 
Down 25% or so at this point.  Only good news is that my calculated time back to the prior peak if coin prices remain static is 3.5 months.  

 
KGB said:
:doubledown: 💖
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The 3.5 months is due to the interest I'm getting on the defi portion of what I have invested (the rest is in USDC earning 10%).

Was looking good over the weekend, and back to 3 months thanks to this morning.

 
Capella said:
5k is overly bearish? That’s over 40% higher than the current price lol
Click to expand...


Captain Cranks said:
If you think 40% over 2.5 months is a big move in the crypto space, then not sure what to tell ya.

Take your lol back to the stock thread where 40% is actually something to get excited about.
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starting to think 15k for eth by the end of the year isn’t gonna happen.  

 
FreeBaGeL said:
So 3 days ago I decided to throw $100 each at a pair of ####coins just for fun.

I picked PizzaNFT and ChristmasFlokiX.  The extent of my research in selecting them was that they were the two largest gainers on coinmarketcap, but were still very new and were "only" up 500% or so.

PizzaNFT was a PITA to buy.  Had to set slippage tolerance to 17%.  ChristmasFloki was easy.

24 hours in PizzaNFT dropped 50%.  I went to sell, but even at tolerance 17% I kept getting errors.  I decided to write it off as a failed experiment, and went ahead and pulled out my ChristmasFlokiX at a 20% loss so the same thing didn't happen there, and at least I could walk away with my 80 bucks.  Again it sold easily with standard slippage.

It's now 48 hours later and ChristmasFlokiX is up 35,000%.  That $100 would now be worth $15,000 if I'd just left it alone.

:kicksrock:
Click to expand...


Where are you buying these?  Coinbase isn't trading them yet.  

 
Orange&Blue said:
Where are you buying these?  Coinbase isn't trading them yet.  
Click to expand...


These kind of ####coins will likely never make it to an exchange and it they do they'll have already 1000x'd by then.

I am buying them in DeFi land.  They are on a lot of different networks but I usually go after ones that are on BNB and I can swap on PancakeSwap since that has such low fees.

 
FreeBaGeL said:
These kind of ####coins will likely never make it to an exchange and it they do they'll have already 1000x'd by then.

I am buying them in DeFi land.  They are on a lot of different networks but I usually go after ones that are on BNB and I can swap on PancakeSwap since that has such low fees.
Click to expand...


I think you responded in English, but I'm not really sure.

 
Bitcoin Has Just Hit a Major Milestone — Here's Why

tl;dr:

Bitcoin hit a big milestone on Monday — with 90% of the cryptocurrency's total supply now in circulation.

A total of 18.9 million BTC has now been discovered, with 2.1 million BTC left to find.

Getting your hands on newly minted Bitcoin will be easier said than done — this supply is going to gradually be released between now and 2140.

The true number of Bitcoin that's active is likely to be much, much lower than 18.9 million BTC too. Estimates have previously suggested that up to 4 million BTC has been lost forever.
Click to expand...

 
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