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Post by TheGlove on May 13, 2021 12:04:13 GMT -8
Who's the Benny's House expert?
What do you know about Native Coin?
What service do you use to buy/sell/trade crypto?
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Post by beaver94 on May 13, 2021 12:23:48 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately.
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Post by TheGlove on May 13, 2021 12:34:30 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately. What's the diff between trading or tradable crypto and just buying and selling?
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Post by ochobeavo on May 13, 2021 12:46:01 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately. Ouch.. sounds like you may have missed out on some $$ selling Doge last year. I've been playing around with a few but pretty small potatoes in the grand scheme of things.. Also use Coinbase and RH.
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Post by beaver94 on May 13, 2021 13:22:10 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately. What's the diff between trading or tradable crypto and just buying and selling? Trading is just buying and selling, probably more than I should. Generally speaking you're probably better off just buying and holding till it goes up hopefully. Very few people do well trying to time highs and lows.
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Post by irimi on May 13, 2021 13:26:20 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately. Oh no!!!
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Post by beaver94 on May 13, 2021 13:27:56 GMT -8
I had over 100,000 dogecoin, at .003, that I sold towards the end of last year so I'm clearly no expert. I do use coinbase or binance.us to do the crypto trading that I do. I don't know much about native coin. I've mostly been trading ETH lately. Ouch.. sounds like you may have missed out on some $$ selling Doge last year. I've been playing around with a few but pretty small potatoes in the grand scheme of things.. Also use Coinbase and RH. Haha yeah I did. It reached .74 at its peak last week, so over $70,000 from about $300 if I'd held it all to the top. I made a little trading some of it on the way up, but not even a fraction of what I would have if I'd just held it from .003.
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Post by mbabeav on May 13, 2021 13:51:49 GMT -8
THe best way IMO to buy the currency is open a Robinhood account on your phone or computer, they are a recognized brokerage firm, and they buy and sell crypto just like regular stocks with no transaction fees! I bought about 700 dogecoin a while back, and figure in 10 years i will be out the nominal sum I spent, or retired in Monaco.
100,000 dogecoin sold before their time.
I have a younger brother that bought about 1000 at .2 cents each, and that is 2 bucks and last week he was wondering if he should sell to take his 700 profit. I told him don't be a wuss about a 2 buck bet. He either loses $2 and fills out tax paper work to claim his capital loss, or gets more. I mean I just tore up a 2 buck lottery ticket last week. I should have saved it and tried it again this week, odds of winning were almost identical.
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Post by ochobeavo on May 13, 2021 13:56:24 GMT -8
Ouch.. sounds like you may have missed out on some $$ selling Doge last year. I've been playing around with a few but pretty small potatoes in the grand scheme of things.. Also use Coinbase and RH. Haha yeah I did. It reached .74 at its peak last week, so over $70,000 from about $300 if I'd held it all to the top. I made a little trading some of it on the way up, but not even a fraction of what I would have if I'd just held it from .003. Sorry I realized I was just "that guy" pointing out what you could have made like you didn't already know. My bad. and I've been there...
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Post by beaver94 on May 13, 2021 14:14:56 GMT -8
Haha yeah I did. It reached .74 at its peak last week, so over $70,000 from about $300 if I'd held it all to the top. I made a little trading some of it on the way up, but not even a fraction of what I would have if I'd just held it from .003. Sorry I realized I was just "that guy" pointing out what you could have made like you didn't already know. My bad. and I've been there... It's all good. I'm not upset about it at all. I'm comfortable with the reasons that I sold it. Just don't let me wife know...haha. Mbabeav is probably correct that Robinhood is the best place to start. That's were I started. Just be aware that you don't actually own the crypto so you can't use it for purchases, send to others, or move it to a wallet. It's traded strictly like a stock. That shouldn't really be an issue for most people.
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Post by Judge Smails on May 13, 2021 14:46:34 GMT -8
I prefer to keep my money in Schrute Bucks.
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Post by mbabeav on May 13, 2021 18:05:37 GMT -8
I prefer to keep my money in Schrute Bucks. Good Scotch for me
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Post by osbrawler on May 21, 2021 12:02:45 GMT -8
4-15 Bitcoin, $63K, today it's a little over $36K. 57% drop. Ouch, glad I never jumped on crypto wagon.
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Post by ag87 on May 21, 2021 13:24:24 GMT -8
4-15 Bitcoin, $63K, today it's a little over $36K. 57% drop. Ouch, glad I never jumped on crypto wagon. And if you bought a long time ago (a little sarcasm), say October 2020, you'd be up about 300%
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Post by wilkyisdashiznit on May 21, 2021 13:36:18 GMT -8
Cryto is great. If the governments don't get involved, crypto could be worth even more than its $63K peak. The reason that crypto has tanked recently is that the People's Republic of China has started to get involved to regulate crypto. If China starts regulating crypto, the United States almost has to, as well. And Russia and everyone else, one after another. Once that happens, crypto will be effectively worthless. My money is on governmental regulation. And I do not have the stomach to try and guess at peaks and valleys. You can make a ton of money, or you will lose your shirt.
There is basically free money elsewhere in the market, so I do not know why you would put yourself through the crypto wringer.
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