Tero's Crypto Corner

Discussion in 'General Discussion' started by terosis, Jun 20, 2017.

  1. Utumno

    Utumno Administrator Staff Member

    Post Count:
    36,127
    It's good to know if my house burns down Big LINK will get me back on my feet again
     
  2. Jackpanel

    Jackpanel TZT Abuser

    Post Count:
    6,496
    I bought 700 or so coins at around 44 cents. If this gamble doesn't make enough to pay off my mortgage by Christmas, I will be FURIOUS. :redface::redface::redface:
     
    Utumno likes this.
  3. Sear

    Sear TZT Neckbeard Lord

    Post Count:
    28,322
    see u guys on the moon at the space lambo meetup

    I can't justify putting hundreds/thousands into a 4chan-marketed alt coin -- that is high risk even by crypto standards. Investing in tech ETFs is volatile enough for me.

    may throw like 50 bucks in tho
     
  4. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    You have to look past 4chan. Just because they favor something doesn't make it shill. This company actually has some genuine merit and massive potential. You just have to do your research before investing in anything.

    I'm hoping they have another small dip to the 0.0014 Ether range so I can buy more before next week.
     
  5. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    By the way... I think the lack of news on Link's part has to do with NDA's. Several times it was hinted that their mouths were shut due to NDA's and they aren't going to reveal anything until after SIBOS. Only a big legit company (SWIFT) would bind a crypto startup with NDA's. We're going to the moon boys!

    Once it starts blasting off and seems like its plateauing, Gonna cash some out and diversify into NEO, OMISE-GO, ETHEREUM, and possibly Metaverse (Although I think its a shitcoin)
     
  6. Utumno

    Utumno Administrator Staff Member

    Post Count:
    36,127
    In more pedestrian crypto news.... BTC just hit $5100, dayum.
     
  7. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    Good news for me! Means people are selling off alt coins again to pump BTC. I can buy back into Link soon hopefully. Aiming for the 0.0012eth range. =D
     
    Last edited: Oct 12, 2017
  8. Sear

    Sear TZT Neckbeard Lord

    Post Count:
    28,322
    BTC hit ~$5800 just a little while ago

    think it might be falling back down to earth finally (although it wouldn't surprise me if the moon rocket keeps going to 6k+, either)

    basically I have no idea

    [​IMG]
     
  9. Sear

    Sear TZT Neckbeard Lord

    Post Count:
    28,322
    I hope this expert financial advice was helpful to all

    u should buy high and sell low

    every time Octavionn laughs out loud, do a line of coke
     
    Last edited: Oct 12, 2017
  10. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    Haha!

    Anyways, There's been some news that the EOS coin is a fkn money laundering scam. Avoid at all cost. Their unlimited caps for ICO's is just a way for them to pump their own ether to buy their own tokens and recycle it over and over with their year long ICO, thus creating monies out of thin air until their tokens are worth Zero. Read this article.

    https://www.reddit.com/r/ethereum/comments/760oqz/eos_might_be_a_money_laundering_scheme_suspicious/

    I always felt their program was fishy... This shed all kinds of light on the crap that's most likely happening.
     
  11. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    Also, Never give into FOMO (Fear of Missing out). Don't chase the green candles upward. The probability of you losing money when it pulls back is really high.

    Buy on dips... ESPECIALLY buy when one of the main coins dip below 20% in a 24hour period. Assuming it wasn't due to some detrimental news... they always bounce back really quickly and its EASY money. When holding a coin, if you're experienced and emotionally detached with lots of patience, you can also do the opposite. Whenever a coin shoots up 20% - 25% in a 24hour period, Sell some of it. It always pulls back down where you can buy back more and increase your position.

    From my experience 20%+ is the magic range to lambo land.

    If you have no patience and panic sell or panic buy, then just Buy on a dip and hold for a few months. Don't even try to day trade or you'll lose. I lost $25k in a month before I learned patience. lol.
     
  12. Sear

    Sear TZT Neckbeard Lord

    Post Count:
    28,322
    I like using http://www.investopedia.com/terms/d/dollarcostaveraging.asp. Trying to time the crypto market is an exercise in futility unless there's some surefire predictor (e.g., the China ban). You could look at the order book, buy/sell walls + volume, and the market for other countries.

    I bought $100 of ETH at $299 for the hell of it today just based off the fact that it's been sitting around 300 forever and was due to follow the BTC uptrend.
     
    Last edited: Oct 13, 2017
    Octavionn likes this.
  13. Grandasaur Egg

    Grandasaur Egg Groor.

    Post Count:
    26,511
    the neckbeard mania of 2017
     
  14. Kilinitic

    Kilinitic 6,000 feet beyond man and time

    Post Count:
    15,537
    Y u hate the future
     
  15. Red

    Red TZT Neckbeard

    Post Count:
    12,585
    Because Hillary won't be elected then either
     
  16. Red

    Red TZT Neckbeard

    Post Count:
    12,585
    HIYO
     
  17. Octavionn

    Octavionn Mind Blowing!

    Post Count:
    970
    Buying eTH was a good move. It had been hovering around the $300 for a long while now and was long overdue.

    Link has dropped some and I've managed to increase my position by about 2k coin. Next monday we'll find out if it can take us to the moon or the poor house.

    I still think metaverse is a shitcoin regardless that its gone up over 200% in the last few days. IOTA has been plagued with bad news for months and continues to slowly decline. I like IOTA but they need to get their sht together, fix their wallet, and opensource their code. Neo has lots of potential for following ether's rise. I plan to go back into Neo after chainlink goes up. Omise-Go is also good but I think overprised at the moment. I think it will be years before an OMG token's dividend can earn anything of significance.
     
  18. Agrul

    Agrul TZT Neckbeard Lord

    Post Count:
    43,553
    [​IMG]
     
    Utumno likes this.
  19. Agrul

    Agrul TZT Neckbeard Lord

    Post Count:
    43,553
  20. Red

    Red TZT Neckbeard

    Post Count:
    12,585
    This guy gets it
     
    Agrul likes this.