Crypto - wait or trade?

[Starscreams Cape]

Lol, what are you going to cash it out in?
Do you even know how it works? Doubt it.
Do you know how it caught popularity? again, I doubt it.
Are you aware that people can sieze your wallet at any time and you’d be left high and dry because lol exit scam. Keep your $20k in there (omg you even measured it in dollars as if you actually have the money)

I’ll keep laughing at you retarded fags thinking just because you right now can cash out at an amount means you actually can (lol, like your faggy wallet outages)
Keep being a try hard tool.

Wow, these Post-merge accounts really are something.

You do understand there are companies like Coinbase, right? In fact I think they became publicly listed this year.

You seem to be getting all of your Crypto information from a combination of an ANTIFA manifesto scrawled by some pink haired lunatic and your 95 year old grandma.

 

[DiggieSmalls]

Wow, these Post-merge accounts really are something.

You do understand there are companies like Coinbase, right? In fact I think they became publicly listed this year.

You seem to be getting all of your Crypto information from a combination of an ANTIFA manifesto scrawled by some pink haired lunatic and your 95 year old grandma.

Fuckin my sides, coin base? Are you fuckin with me? They have wallet outages at peaks all the time. You know why they hold your money for nine days, think it through high-speed.

You’re a fuckin retard. Lol, read about how your money is insured

https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

Omg, any kind of investment that has the hourly fluctuations of crypto is a terrible investment, that’s why asset management firms still own, what? Property.

Fkn lol man, you should read and understand what you’re investing in before you give more people your same retarded advice faggot

 

[Starscreams Cape]

Fuckin my sides, coin base? Are you fuckin with me? They have wallet outages at peaks all the time. You know why they hold your money for nine days, think it through high-speed.

You’re a fuckin retard. Lol, read about how your money is insured

https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

Omg, any kind of investment that has the hourly fluctuations of crypto is a terrible investment, that’s why asset management firms still own, what? Property.

Fkn lol man, you should read and understand what you’re investing in before you give more people your same retarded advice faggot

LOL You went from "how can you even get your money?!" to "well, your money isn't insured!".

It's pretty clear the extent of your experience with places like Coinbase was the mad search you did from when I mentioned it to the first thing you found in their FAQ.

Yes, investing in crypto is risky and volatile. So is investing in Bio and EV stocks.

You're the kind of guy who thinks that because he's "safely invested in gold" that he can at any point request a chunk of it be dropped off at his door.

 

[DiggieSmalls]

LOL You went from "how can you even get your money?!" to "well, your money isn't insured!".

It's pretty clear the extent of your experience with places like Coinbase was the mad search you did from when I mentioned it to the first thing you found in their FAQ.

Yes, investing in crypto is risky and volatile. So is investing in Bio and EV stocks.

You're the kind of guy who thinks that because he's "safely invested in gold" that he can at any point request a chunk of it be dropped off at his door.

You don’t have to keep reiterating how much of a retard you are.

Lol, just looked them up? Before you faggy bitches poz’d the scene with Doge meme coins I didn’t have to deal with your fag processors. And again lol that you can’t understand the importance of FDIC insurance. Again, you just reiterated what a retard you are

I’m not going to engage in circular arguments with faggots who can’t understand simple shit and who don’t understand concurrent hashing mechanics.

Also LOL $20k in crypto? High roller fkn lel

 

[Starscreams Cape]

You don’t have to keep reiterating how much of a retard you are.

Lol, just looked them up? Before you faggy bitches poz’d the scene with Doge meme coins I didn’t have to deal with your fag processors. And again lol that you can’t understand the importance of FDIC insurance. Again, you just reiterated what a retard you are

I’m not going to engage in circular arguments with faggots who can’t understand simple shit and who don’t understand concurrent hashing mechanics.

Also LOL $20k in crypto? High roller fkn lel

Ah, so it's personal. "You" have to deal with "fag" processors (whatever that means...don't bother elaborating, nobody cares). That explains the bizarre anger.

Personal problems are no reason to shun money making opportunities, kiddo.

FDIC insurance for a speculative risk. Oye. At the very least you're making a bang-up case for why nobody should listen to a word you say on this issue. Everyone who invests in it knows the associated risk it has. It's essentially currency speculation, something even that old bastard Keynes did (terribly).

 

[totallyrandomusername]

I would say see how things are looking going into the 4th quarter, if it really seems like the shipping & supply chains are going to straighten themselves out like predicted, along with what appears to be a strong holiday season, we will no doubt see a hike in interest rates to prevent an overheating of the economy and tempering of inflation, so I would sell. If things still look fucked, hold. Or if things look extra fucked, buy.

Basically, one's position on crypto going into the 4th quarter 2021/1st quarter 2022 should be inverse to the predicted economic strength and the status of supply chains/logistics.

 

[mindlessobserver]

Crypto in general is rapidly becoming its own financial system independent of the major failure points of the existing system. As for cashing out using Coinbase, I've recently begun using their debit card that fulfills payments in US Dollar Coin.

It works shockingly well.

 

[Lodoss Warrior]

Lol, what are you going to cash it out in?
Do you even know how it works? Doubt it.
Do you know how it caught popularity? again, I doubt it.
Are you aware that people can sieze your wallet at any time and you’d be left high and dry because lol exit scam. Keep your $20k in there (omg you even measured it in dollars as if you actually have the money)

I’ll keep laughing at you retarded fags thinking just because you right now can cash out at an amount means you actually can (lol, like your faggy wallet outages)
Keep being a try hard tool.

Let me guess, you invested most of your assets in Shibacoin at its peak?

 

[DiggieSmalls]

Let me guess, you invested most of your assets in Shibacoin at its peak?

I bought Bitcoin at $4 a coin

 

[cantankerous jackalope]

BTC, FET, XLM, POLY, ATOM (those are the ones I’m watching). Also, CLV, COMP, GRT, AMP as extras.

If you have anything less than five figs invested into crypto it's counterproductive to diverisfy into a dozen different coins. I told my friend this the other day - if you can't explain what the token does to a normie in your own words it may not be the best investment for you.

BTC is the safest bet and I wouldn't try and get super greedy. I would do like a 40/40/20 split between BTC/ETH/and then dedicate the remaining 20% to alt coins that you like and just hold. Stake the ETH on Coinbase to earn the passive 4.85% APY on it (this will also lock it until ETH 2.0 comes out, which will also prevent your lizard brain from trading it if you're like me).

In addition, I would get the Coinbase card and select the 4% cashback in GRT (The Graph) and just start using that instead of your regular debit card.

tl;dr I would just buy and hold, not aggressively swing trade

 

[mindlessobserver]

If you have anything less than five figs invested into crypto it's counterproductive to diverisfy into a dozen different coins. I told my friend this the other day - if you can't explain what the token does to a normie in your own words it may not be the best investment for you.

BTC is the safest bet and I wouldn't try and get super greedy. I would do like a 40/40/20 split between BTC/ETH/and then dedicate the remaining 20% to alt coins that you like and just hold. Stake the ETH on Coinbase to earn the passive 4.85% APY on it (this will also lock it until ETH 2.0 comes out, which will also prevent your lizard brain from trading it if you're like me).

In addition, I would get the Coinbase card and select the 4% cashback in GRT (The Graph) and just start using that instead of your regular debit card.

tl;dr I would just buy and hold, not aggressively swing trade

Staked Ethereum is the shit. You will thank yourself in 5 years for getting in on it now.

 

[Lodoss Warrior]

I bought Bitcoin at $4 a coin

If you’re not bullshitting—and hey, it’s Kiwi Farms, so who knows?—my hat’s off to you. I really don’t see why you’re pessimistic on investing in it then, considering your returns are well over ten thousand percent.

 

[mindlessobserver]

If you’re not bullshitting—and hey, it’s Kiwi Farms, so who knows?—my hat’s off to you. I really don’t see why you’re pessimistic on investing in it then, considering your returns are well over ten thousand percent.

Bitcoin has a governance problem and it's utility for doing anything other then be a store of value is negligible. I am certainly not buying any of it. It may still have a few more years of a good run, but then so did Xerox when it sold the Graphic User Interface to Apple.

 

[DiggieSmalls]

If you’re not bullshitting—and hey, it’s Kiwi Farms, so who knows?—my hat’s off to you. I really don’t see why you’re pessimistic on investing in it then, considering your returns are well over ten thousand percent.

Because I got lucky. I would never tell anyone to invest in crypto. There was just as much a chance, probably more of one that I could have been one of the people buying into it to lose their whole investment.

I look at crypto like I look at scratch off’s, if you have some extra money and you feel lucky, play. But don’t think it’s a good investment.

 

[mindlessobserver]

Because I got lucky. I would never tell anyone to invest in crypto. There was just as much a chance, probably more of one that I could have been one of the people buying into it to lose their whole investment.

I look at crypto like I look at scratch off’s, if you have some extra money and you feel lucky, play. But don’t think it’s a good investment.

I am going to disagree for two reasons. Reason 1 is you are thinking just in terms of bitcoin and not what else is being deployed right now. Reason 2 is what is being deployed, unlike bitcoin actually has use beyond just being a store of value. This has been what sets Gold apart from other shiny rocks. It can be used for stuff so it's value can never be zero.

That has been the fear of crypto. Whether or not it's ultimate value is zero, and for many projects it can't be. BAT exists to facilitate user engagement with Advertising. FIL exists to pay people for use of unused storage capacity on their hard drives. VET exists to pay people for providing computing power to track shipping. ETH exists to pay people for providing liquidity and transaction support for an entirely new kind of financial system.

All of these projects exist to fill a need first and foremost and then pay out second. Not unlike any other service sector business. These cryptos, unlike bitcoin, don't exist to store value. they exist to do something. The value of that is secondary.

 

[cantankerous jackalope]

Because I got lucky. I would never tell anyone to invest in crypto. There was just as much a chance, probably more of one that I could have been one of the people buying into it to lose their whole investment.

I look at crypto like I look at scratch off’s, if you have some extra money and you feel lucky, play. But don’t think it’s a good investment.

I wouldn't use your anecdotal example of getting exorbitantly lucky to speak with some kind of authority on what crypto is doing. Yes, there is obviously risk but to compare it to scratchoffs displays a fundamental lack of understanding of what is starting to happen. There is an absurd amount of capital flowing in from investment firms and plenty more on the sidelines looking for a safe entry point once regulations arrive. Stablecoin adoption has increased by a multitude of hundreds since 2018, with each of the main stablecoins having an eleven figure marketcap each. That's tens of billions of dollars. If you can't see the paradigm shift coming I got nothing for you.

 

[DiggieSmalls]

I wouldn't use your anecdotal example of getting exorbitantly lucky to speak with some kind of authority on what crypto is doing. Yes, there is obviously risk but to compare it to scratchoffs displays a fundamental lack of understanding of what is starting to happen. There is an absurd amount of capital flowing in from investment firms and plenty more on the sidelines looking for a safe entry point once regulations arrive. Stablecoin adoption has increased by a multitude of hundreds since 2018, with each of the main stablecoins having an eleven figure marketcap each. That's tens of billions of dollars. If you can't see the paradigm shift coming I got nothing for you.

there’s more to it. I have to answer from my phone so I’m not going into the technical detail behind why I think like I do. I’m just going to agree to disagree with you

 

[Bill Dauterive]

@DaddyDickDown
Damn bro, sounds like crypto fucked your wife and stole all your dildos. You should probably calm down and touch some grass.

 

[DiggieSmalls]

@DaddyDickDown
Damn bro, sounds like crypto fucked your wife and stole all your dildos. You should probably calm down and touch some grass.

Lol, a dude starts an argument with me calling me a faggot and I gotta calm down? Alright dude, that dude was also a retard. I didn’t start arguing with crypto fags, crypto fags got butthurt that I started talking, and crypto fags are hoes. And you never tell hoes the truth, why? Because they can’t handle it

 

[Bill Dauterive]

Lol, a dude starts an argument with me calling me a faggot and I gotta calm down? Alright dude, that dude was also a retard. I didn’t start arguing with crypto fags, crypto fags got butthurt that I started talking, and crypto fags are hoes. And you never tell hoes the truth, why? Because they can’t handle it

Fucking lol