Official Cryptocurrency Thread (1 Viewer)

[Squar3root]

Yeh but the crypto market is generally all speculative, and the price isn't really correlated with the tech or use case, so a ton of money in any crypto is super high risk since it could've just as easily gone the other way. You got lucky I guess, so it definitely paid off. Now do 10x leverage to turn that 1M into 10M.

Yeah ofc it's high risk but i don't want to leave my savings in some shitty bank account making 1%

Should leverage it aye

Nah the profits will go towards buying a home for queenroot and I

 

[SylviaB]

It wasn't random, very familiar with this defi.

Look into other defi coins like synx uniswap etc. My money is on them in the next bull run

sure but knowing about it and knowing what will happen to the price, with presumably the bulk of your savings on the line, is completely different

the prices of cyrptocurrencies have not generally increased in line with adoption or expanding use cases

unless you're secretly already rich and 90 grand is only a small amount of your money, this trade was absolute insanity

but obviously, congratulations

 

[dighead]

sure but knowing about it and knowing what will happen to the price, with presumably the bulk of your savings on the line, is completely different

the prices of cyrptocurrencies have not generally increased in line with adoption or expanding use cases

unless you're secretly already rich and 90 grand is only a small amount of your money, this trade was absolute insanity

but obviously, congratulations

Completely agree with this - any money put into crypto should be money you can afford to lose. I only wish I had the balls to pull something off like this, but the misses would absolutely kill me.

 

[Squar3root]

sure but knowing about it and knowing what will happen to the price, with presumably the bulk of your savings on the line, is completely different

the prices of cyrptocurrencies have not generally increased in line with adoption or expanding use cases

unless you're secretly already rich and 90 grand is only a small amount of your money, this trade was absolute insanity

but obviously, congratulations

I am not "rich" but i have been mining btc with my brother since like highschool so i do have quite a bit saved up. 90k is a reasonable punt. thx

Completely agree with this - any money put into crypto should be money you can afford to lose. I only wish I had the balls to pull something off like this, but the misses would absolutely kill me.

ur young just do it yolo

 

[Squar3root]

aave up 27% in last 24hr ytbs

 

[SylviaB]

aave up 27% in last 24hr ytbs

African-american vernacular English?

 

[Squar3root]

African-american vernacular English?

yes.

 

[SylviaB]

LEL

SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

Washington D.C., Dec. 22, 2020 —

The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering

SEC.gov | SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

www.sec.gov

Lol nvm ripple is crushing it

 

[kurjeg]

It looks like I'm in the right place at the right time. I'm just starting to trade. Correct me if I'm wrong, success here will not be achieved without objective analysis, a good strategy, control over emotions, greed and fear. I'm looking for new ways to expand my experience.

 

[Squar3root]

It looks like I'm in the right place at the right time. I'm just starting to trade. Correct me if I'm wrong, success here will not be achieved without objective analysis, a good strategy, control over emotions, greed and fear. I'm looking for new ways to expand my experience.

ur wrong it's about luck mainly

it's glorified gambling

 

[Graney]

It looks like I'm in the right place at the right time. I'm just starting to trade.

Next minute

 

[SylviaB]

It looks like I'm in the right place at the right time. I'm just starting to trade. Correct me if I'm wrong, success here will not be achieved without objective analysis, a good strategy, control over emotions, greed and fear. I'm looking for new ways to expand my experience.

hahahahahahahahahahahahahahahahaha

 

[SylviaB]

the crypto bubble has created a generation of clowns who think they're skilled analysts and traders

 

[natalake]

Cryptocurrency is a new digital payment system. There are already over 7,800 cryptocurrencies in circulation. And the more popular it becomes, the more people seek to acquire it.

 

[dighead]

Cryptocurrency is a new digital payment system. There are already over 7,800 cryptocurrencies in circulation. And the more popular it becomes, the more people seek to acquire it.

 

[SylviaB]

Cryptocurrency is a new digital payment system. There are already over 7,800 cryptocurrencies in circulation. And the more popular it becomes, the more people seek to acquire it.

and most of those people will never actually use it to make a payment because its a speculative bubble with very little in the way of practical use case

 

[fnsndgfg]

All cryptocurrencies will go to zero.

The SEC has already rejected three separate bitcoin ETF applications due to concern about fraud and manipulation. They will never approve an ETF. The only regulation will be to make cryptocurrency harder to use. It's not used for anything significant but speculation. The technology doesn't work for a mass payment system, it will never be viable.

Well, that's awkward

 

[laterz laterz]

the crypto bubble has created a generation of clowns who think they're skilled analysts and traders

100% agreed.

 

[YourLocalDumbAss]

simple phrase made by superwog
“BITCOIN BOIS FOR LIFE”

 

[Graney]

Well, that's awkward

It's a future contracts ETF, there's still no ETF directly tied to the bitcoin spot price