Cryptocurrency

[Mookz 1,346]

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

[Cdub100 3,903]

8 minutes ago, Mookz said:

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

Your options are limited here in the US unless you go ninja mode.

You have coinbase or crypto.com is easy.

[iam90sbaby 2,610]

30 minutes ago, Mookz said:

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

Drop it into Coinbase Pro, the transaction fees are smaller I think

[Frozenbeernuts 2,254]

3 hours ago, Mookz said:

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

Strike and river are both bitcoin only.

Strike doesn't have fees, but their spread is off which is how they get their fees. It's probably around 2% off.

[Frozenbeernuts 2,254]

If you're still hesitant, there's still time. As long as you get in while bitcoin is less than a million you should be fine

[jonmx 2,429]

Solana (SOL) continues it rise.

OCT 10...$21

OCT 31....$46

NOV 19...$56

DEC 10....$70

DEC 21....$88

Over 400 percent in 10 weeks.   Not bad.  Should have another 3 to 4x ride over the next year, maybe $260 to $300 range this time next year, slightly surpassing its previous high back in November 2021.  

 

UPDATE:  a few hours later and it is now pushing $95. 

 

[lod001 1,344]

On 12/20/2023 at 11:24 AM, Mookz said:

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

MARA or RIOT.

Bitcoin 46% since July 22nd.

MARA  120.31% since july 22

over the last month, MARA has smoked bitcoin.

[TimHauck 2,851]

On 12/5/2023 at 12:13 PM, Frozenbeernuts said:

 

The top, which won't be until 2025 most likely, is going to be multiples higher than right now.….

Bitcoin will go up forever. 

These 2 sentences contradict each other 

[Cdub100 3,903]

Polkadot staking is a PITA. SOL I can set it and forget. Same with ETH. Running a node takes a little more work but staking DOT sucks.

 

[jonmx 2,429]

I have been hyping SOL since the early 20's a few months ago.   It is sitting at over $96 at the moment.   I expect it to challenge $100 soon before some of the shorts force a pullback to the mid 80s.   I see this going to $300 by the end of next year.   SOL will take over ETH as the #2 crypto in the next few years.  

[Cdub100 3,903]

45 minutes ago, jonmx said:

I have been hyping SOL since the early 20's a few months ago.   It is sitting at over $96 at the moment.   I expect it to challenge $100 soon before some of the shorts force a pullback to the mid 80s.   I see this going to $300 by the end of next year.   SOL will take over ETH as the #2 crypto in the next few years.  

I agree. Looking forward to 2k SOL not this halving but the next.

[iam90sbaby 2,610]

59 minutes ago, jonmx said:

SOL will take over ETH as the #2 crypto in the next few years.  

No it won't. ETH systems are much further along than anything SOL has going on. Not to mention all the best programmers in the world are involved with ETH.

[iam90sbaby 2,610]

14 minutes ago, Cdub100 said:

I agree. Looking forward to 2k SOL not this halving but the next.

Nope

[Cdub100 3,903]

46 minutes ago, iam90sbaby said:

No it won't. ETH systems are much further along than anything SOL has going on. Not to mention all the best programmers in the world are involved with ETH.

The thing eth has going for it is it was first. Also the SEC seems to think it's one of the only L1s not a security. 

I sent $100 in USDT to my metamask wallet. The gas fees to swap would have cost me 30% sending it out of metamask cost me $8 in ETH. SOL cost me a penny. SOL other than being more centralized is way better. 

[iam90sbaby 2,610]

41 minutes ago, Cdub100 said:

SOL other than being more centralized is way better. 

That's kind of a big deal, considering that's why all of this exists in the first place

As far as transaction fees/speed ALGO would be the way to go. 

[Cdub100 3,903]

36 minutes ago, iam90sbaby said:

That's kind of a big deal, considering that's why all of this exists in the first place

As far as transaction fees/speed ALGO would be the way to go. 

Once ETH left POW for POS SOL and ETH became the same to me other than SOL has better tech. ALGO isn't fast when compared to SOL. ALGO is like 6k TPS, SOL is 46k TPS

[iam90sbaby 2,610]

2 minutes ago, Cdub100 said:

Once ETH left POW for POS SOL and ETH became the same to me other than SOL has better tech. ALGO isn't fast when compared to SOL. ALGO is like 6k TPS, SOL is 46k TPS

ALGO will be at 46k TPS with block pipelining.

I'm not saying SOL is bad, but it is never taking the 2 spot from ETH, it's not going to happen.

[Cdub100 3,903]

19 minutes ago, iam90sbaby said:

ALGO will be at 46k TPS with block pipelining.

I'm not saying SOL is bad, but it is never taking the 2 spot from ETH, it's not going to happen.

Maybe but it's not right now. SOL might not take the #2 spot but I see it following the same trajectory of ETH.

Never fall in love with your bags.

[jonmx 2,429]

SOL at $103....nearly 5x in three months. 

[jonmx 2,429]

3 hours ago, jonmx said:

SOL at $103....nearly 5x in three months. 

 

$110.....

[Cdub100 3,903]

1 hour ago, jonmx said:

 

$110.....

How high are we going tonight? My long is up 58% thinking about closing it

[jonmx 2,429]

1 hour ago, Cdub100 said:

How high are we going tonight? My long is up 58% thinking about closing it

I think the next time it tried to pass $110, it will pullback to $100.  The current price around $109 is good. 

[jonmx 2,429]

1 minute ago, jonmx said:

I think the next time it tried to pass $110, it will pullback to $100.  The current price around $109 is good. 

Our it could just pop to $112 as soon as I update my screen. 

[jonmx 2,429]

$116

[Cdub100 3,903]

32 minutes ago, jonmx said:

$116

Sold.

[jonmx 2,429]

7 hours ago, Cdub100 said:

Sold.

Good price.   Profit taking has brought it back to $109.  I expect it to hover around the low one hundreds for a week or so before taking a run over $120.   I am holding.  I want to see new highs ($260 plus) in the next 3-4 months.  

[jonmx 2,429]

I would guess the safest way to get I  on crypto gains would be coinbase stock which is up over 400 percent this year. 

[Cdub100 3,903]

1 hour ago, jonmx said:

Good price.   Profit taking has brought it back to $109.  I expect it to hover around the low one hundreds for a week or so before taking a run over $120.   I am holding.  I want to see new highs ($260 plus) in the next 3-4 months.  

I still have my SOL bags (currently staking). I day and swing trade on mexc using leverage for fun.

[jonmx 2,429]

On 12/24/2023 at 9:19 AM, Cdub100 said:

I still have my SOL bags (currently staking). I day and swing trade on mexc using leverage for fun.

Popping up to $123.   

[iam90sbaby 2,610]

On 12/24/2023 at 8:31 AM, jonmx said:

I would guess the safest way to get I  on crypto gains would be coinbase stock which is up over 400 percent this year. 

@Alias Detective told me last year they were going out of business

[jonmx 2,429]

2 minutes ago, iam90sbaby said:

@Alias Detective told me last year they were going out of business

CryptoExpert was not one of his aliases.  

[Cdub100 3,903]

11 minutes ago, jonmx said:

Popping up to $123.   

I missed the pump...but my Theta 10x long took off +102%

[Cdub100 3,903]

Just opened a 10x SOL long.

[jonmx 2,429]

5 minutes ago, Cdub100 said:

Just opened a 10x SOL long.

Where. 

[Cdub100 3,903]

Just now, jonmx said:

Where. 

Mexc

Also a 10x DOT long. 

Dot is due for a good pump.

[Alias Detective 1,399]

10 hours ago, iam90sbaby said:

@Alias Detective told me last year they were going out of business

I was wrong.

[easilyscan 924]

On 12/20/2023 at 10:24 AM, Mookz said:

Can someone remind me what the cheapest (but easy) way to buy is?  I was thinking about setting up a $10 weekly buy with Coinbase, but then saw their fee is like 10%, and it would suck to start 10% in the hole. 

This is how I plan to go about it. Invest in a company that has an underlying business of its own, but is also betting big on bitcoin.

https://seekingalpha.com/article/4636590-microstrategy-mstr-buying-its-bitcoin-macro-strategy

 

[Cdub100 3,903]

Liquidated on everything other than my BTC long. :sad:

[easilyscan 924]

2 hours ago, Cdub100 said:

Liquidated on everything other than my BTC long. :sad:

At least you're earning something on the cash from the liquidation. November 2021, the ADB in my fidelity cash reserves was 128K, earned $1.05 in dividends.

Last month the ADB was approximately 22K & I earned $92.98

 

[Cdub100 3,903]

1 minute ago, easilyscan said:

At least you're earning something on the cash from the liquidation. November 2021, the ADB in my fidelity cash reserves was 128K, earned $1.05 in dividends.

Last month the ADB was approximately 22K & I earned $92.98

 

I'm gambling 10-20x leveraged longs so I'm not making cash. That being said I started with $200 and built up to a couple thousand. I've taken out far more than I put in so all of this is house money.

Also this is less than 1% of my crypto holdings. I posted what I'm holding and earning on interest a couple of pages back.