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I just got into it 3 weeks ago.
Very addictive.
WIA
Very addictive.
WIA
Anyone Trading Crypto?
- Thread starter West_Indian_Archie
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- Feb 3, 2020
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I used to trade crypto for a brief while but I quit. I was lucky enough to get 66% returns on a pump and dump with Dogecoin.
It was really addictive but also very stressful. Barely slept a wink while holding overnight. Could have gotten 126% returns if I didn't get greedy too.
But the profit part was definitely fun.
It was really addictive but also very stressful. Barely slept a wink while holding overnight. Could have gotten 126% returns if I didn't get greedy too.
But the profit part was definitely fun.
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I am involved in this as well. Right now I like to hold BNB as a coin,
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I’ve been in crypto for a couple of years. Mostly ether and monero.
I mostly stick to stocks I’ve been unhappy with the way the market has been following the biden election I’m holding mostly cash atm
I mostly stick to stocks I’ve been unhappy with the way the market has been following the biden election I’m holding mostly cash atm
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Bnb has surged like crazy
I was back in 2017. Shit was crazy. I had 100x'ed my inital investment with XRB/NANO at one point.
I also had one bitcoin up until september of last year. Then some hackers stole it. I recommend anyone with crypto to get a hardware wallet, its a lot more secure.
Everything is mooning right now but im debating waiting until the next bear market to get back in...
I also had one bitcoin up until september of last year. Then some hackers stole it. I recommend anyone with crypto to get a hardware wallet, its a lot more secure.
Everything is mooning right now but im debating waiting until the next bear market to get back in...
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I mostly trade fluidly, if you guys keep coin I keep it on an exchange.
Yeah. The economy is in a super sketchy place at the moment. Housing has become unaffordable to buy unless a millionaire etc...
Im not sure if Americans can but you can trade coin futures on Binance and WhiteBIT.
I’m big on BAT coin atm brave browser is the new best browser
Yeah. The economy is in a super sketchy place at the moment. Housing has become unaffordable to buy unless a millionaire etc...
Im not sure if Americans can but you can trade coin futures on Binance and WhiteBIT.
I’m big on BAT coin atm brave browser is the new best browser
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That's due to the Fed pumping a trillion+ into mortgage bonds:
Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight
The Federal Reserve has snapped up $1 trillion of mortgage bonds since March, a record pace of purchasing, as the U.S. central bank tries to blunt the impact of the Covid-19 recession on American homeowners.
www.bloomberg.com
It owned 1/3 of mortgages last summer. I'm sure that's higher now:
The Fed Now Owns Nearly One Third of All US Mortgages
Nearly $7 Trillion in Securities, $2 Trillion Mortgages As of August 26, 2020 the Fed's Balance Sheet is nearly $7 trillion total of which $3.7 trillion are
www.thestreet.com
We're on this print-money ride with no end in sight, so it doesn't seem like that's too likely to end any time soon, either.
I suspect they're going to just keep going until the music stops.
Chase
I have deep respect for people trading crypto. For me, I feel like it's pretty risky but probably because I havent studied it enough. I'm just the safe and boring type that invest 15% of my income in ETFs and index funds each month. I dont have the balls for crypto lol, I just aim for a good long term investment.
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- Feb 3, 2020
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As far as buying and holding vs trading... After months of grueling trading with nerves constantly on fire, I made a grand net profit of....
$1K.
That accounts for opportunity cost. Definitely not worth the stress and pits in my stomach when I lost thousands at times.
Thankful that Gamestop and Dogecoin blessed me lol.
But on the other hand, my relative turned $40K into $200K lol. They're either on a long-ass streak and/or more talented than I when it comes to trading.
Edit: Traded Dogecoin today and ran away with $400 profit, woot! Lol.
$1K.
That accounts for opportunity cost. Definitely not worth the stress and pits in my stomach when I lost thousands at times.
Thankful that Gamestop and Dogecoin blessed me lol.
But on the other hand, my relative turned $40K into $200K lol. They're either on a long-ass streak and/or more talented than I when it comes to trading.
Edit: Traded Dogecoin today and ran away with $400 profit, woot! Lol.
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I think dogecoin has some potential still. It's getting more recognition and the price long term keeps staying. Just needs another catalyst.
My profitable moments with it have been when I see it shoot up insanely (20% in a day), I ride it for a bit, and sell off.
Resisting the urge to dump my life savings into it... No stop it, Train!
My profitable moments with it have been when I see it shoot up insanely (20% in a day), I ride it for a bit, and sell off.
Resisting the urge to dump my life savings into it... No stop it, Train!
Ive been long ETH and BTC, as for a while now because those are low risk surefire long bets.
one of NANO's issues is that it's price isn't stable and consequently won't ever be used as money. The value of NANO is that its fast, but there are a lot of other crypto currency's that are fast. How can you be sure it wins long-term? Sure in a bull run its up, that's because a lot of money is in the space looking to make a quick buck, don't expect prices to stay high.
long term I'm bullish on deFI, but only own a deFI index (DPI). DPI allows me to easly get exposure to the most popular defi protocols at once, instead of having to manage my own defi portfolio.
never heard of $LUNAR
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