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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic] 1
#27202706 - 02/12/21 10:02 PM (2 years, 11 months ago) |
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I am up quite a bit this week. Stellar, Cardano, Vechain. Serious shit. I dont mess with ETH or BTC until it hits the right buying zone in this rainbow graph.
https://www.blockchaincenter.net/bitcoin-rainbow-chart/
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Edited by trees (02/12/21 10:12 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Nature Boy]
#27202922 - 02/13/21 02:09 AM (2 years, 11 months ago) |
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No not for other coins I've yet to see, altcoins they're too volatile and die in and out, I'd assume that's why
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Gypsy Boy]
#27203440 - 02/13/21 11:08 AM (2 years, 11 months ago) |
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Click UK bank transfer link your bank acct
Coinbase pro you link your bank account with your routing number and account number etc.
Crypto.com you link your debit card, also instant
Kraken I use to buy other coins that are not on either of the above. Kraken is more annoying I think. I ended up sending XLM from coinbase to my Kraken acct because there was a coin in kraken I wanted thats not on coinbase or crypto.com
Then Binance also has coins that none of the above have
There's no best crypto app to buy in, each have their ups and downs, but I like coinbase pro and crypto.com best.
When certain coins are released on coinbase pro they tend to go up
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Gypsy Boy]
#27203543 - 02/13/21 12:07 PM (2 years, 11 months ago) |
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Quote:
Gypsy Boy said: Question.
Can u use your coinbase log in details to log in to pro version?
Yes, but they will be seperate accounts
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trees


Registered: 02/08/09
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees]
#27203551 - 02/13/21 12:11 PM (2 years, 11 months ago) |
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Have you guys seen the VeChain news as of late? Especially because China and Amazon, Walmart, even McDonalds is getting in on it and it's only a nickle per coin. I bought 3k a few days ago, and now I'm itching to double down or even quadruple down, wer in dip buy on sale mode, fuck it. If you had dropped 5000 bucks into it a couple months ago, you'd have 50k now, more than 1 BTC. Why did we have to miss that
Edited by trees (02/13/21 12:17 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Nature Boy]
#27205361 - 02/14/21 11:51 AM (2 years, 11 months ago) |
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Oh man, but in 2 weeks you'll look back and think wtf!! I should have bought when I was saying there's no entry points
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper]
#27205514 - 02/14/21 12:59 PM (2 years, 11 months ago) |
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It is valentine's day and chinese new year ppl are pulling money to party
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu] 1
#27206372 - 02/14/21 09:35 PM (2 years, 11 months ago) |
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Dude you gotta stop all that in and out it's a sure way to burn. Stop getting spooked by the dips. Its valentine's day and Chinese new year AND Sunday, all at once. It dippin time
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trees


Registered: 02/08/09
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus] 2
#27206537 - 02/14/21 11:55 PM (2 years, 11 months ago) |
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There is going to be many different coins and tokens and gas tokens etc. required to process blockchains for all huge varieties of digital services under different parameters and laws to run our civilization better and faster and more efficiently with less mistakes, less cost, and less fraud.
Blockchain is an inevitable superior technology to every current transactional system we've been using, which goes way beyond only the transfer of currencies. Its everything in our functioning digital world.
Different Blockchain currencies are akin to precious metals and the rise of complex metallurgy, the specific application of each metal, the creation and refinement of them in and their current value. Yes very many of today's coins are pump and dumps, currently useless poor dev team coins. Few though are serious blockchain developments with coins that already serving a lot of use and making people's lives easier. And its not Eth or Bitcoin
Gold is what Bitcoin is like. Bitcoin is clunky, slow, expensive, but it's the first, most glamorous, and shiniest crypto of all, but now it's fairly useless, like gold. And its limited in supply.
You could see Ethereum as like the metal Silver, silver we can do more with it than gold, and its also shiny. But there are more useful metals for more WAY MORE applications than just a form of currency to buy shit.
Remember when internet first came out the dotcom era and emails. Nobody thought that would be anything worth investing in. Shopping online was thought of as a joke. It got slammed and it didn't care and rooted itself in under 2 decades because its superior inevitable technology.
In under a decade, blockchain will have well rooted itself in humanity. It took a while for us to get from gold to titanium. It took a while to get from Bitcoin to a properly functional and efficient and useful crypto. Wer just getting started, and banks and businesses and governments everywhere are begining to accept the inevitable shift.
As for trading crypto and gaining profits short term and long term strategy is the way.
Short term is you get in the bullruns early by keeping up with all the news and blockchain dev teams. You pull profits incrementally to restore your initial investment, while buying back in the dips and accumulating good long term useful crypto that is being used by companies like Walmart, Amazon, BMW, IMB, Chinas agricultural sector, McDonalds. These guys are all using blockchain crypto as we speak.
I'm basically going to stick around and continue to accumulate crypto until I'm dead, it definitely will never go away until humanity is finished
Other crypto wont ever be worth as much as bitcoin, like iron or copper isnt worth as much as gold. But a truck load of copper is worth a lot. Imagine you bought those truck loads of copper back when it was super cheap
Edited by trees (02/15/21 12:08 AM)
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trees


Registered: 02/08/09
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27207154 - 02/15/21 10:10 AM (2 years, 11 months ago) |
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If you cant stay calm through the dips you shouldn't be buying crypto at all.
A good way to stay calm is accept the idea if losing everything you put, you have to be able to afford that too, or you should not buy crypto until you can
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trees


Registered: 02/08/09
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu] 2
#27207246 - 02/15/21 11:10 AM (2 years, 11 months ago) |
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These charts are insanely useful to help understand where things are moving short term. I marked out in MS paint a bunch of important areas that help up to see the market better. This is last nights dip.
When the purple line goes high above the blue line I made, its selling territory, that's means it's over bought a better time to consider selling. When purple line is lower than the blue line it's under bought and safer to buy
Look at the red and green lines. When they intersect and begin forking that means something is happening and you should pay attention now. I marked each special area with orange line that shows you were the dips and ups are starting. At the bottom of the dip you can see the green and red coming in hot closing in on each other.
When red line crosses above green and creates space between the green and red you be safer to buy there. As you see them coming back together you wait, and when they intersect again and green goes up, and red down, you'd rather want to sell there.
The yellow curvy line represents the strength of the trend. So curvy yellow line goes up, you're more confident in the direction things are moving. Trend line goes down, there's less confidence. When it moves in a straight line things are pretty calm.
When you read this yellow line keep in mind that it sort of has momentum to it, like it only ever hard turns in sharp angles when shits too high or too low, and theres a solid window of opportunity to make your move when you do see it take a hard angle. You can see at the bottom of the dip it really cracks
This might help you because it really gives you an extra bit of vision into what's going on and what's more likely to happen in the short term
This is Tradingview.com and I am using RSI and the ADX and DI indicators.
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Edited by trees (02/15/21 01:36 PM)
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trees


Registered: 02/08/09
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus] 1
#27207414 - 02/15/21 01:03 PM (2 years, 11 months ago) |
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Quote:
Lophosaurus said:
What coins are making peoples lives easier that aren't a form of currency? And how does buying tokens from that blockchain equate to any value? What am I missing here?
You're missing a whole lot. I can tell you havent read that much, that's probably because you're already doing well for yourself in work, a family, and all kinds of things going on, so it doesn't matter much for you to get into it. If I was working a rewarding job right now I probably wouldnt have invested the time and thought into it, but I recently got wrecked in a mc accident and have been pretty disabled until now
I know what I know based on my own research and experience and intuition with how past tech booms unfolded. No superior tech that became the norm for all of society in the last 30 years started out as a beautiful perfect product readily accepted. The they all go through these stages. Looking back, the inevitability of those technologies is obvious to us now.
Blockchain is following pretty standard pattern of emergence and it comes in waves. Yes you'll see prices drop and you'll laugh, but you wont be laughing when all the booming happens again and a select group of blockchain coins that you remember come roaring back even harder next time.
You can YOLO into dogecoin or hundreds of others that have no real world use or ambition and funding. I only follow blockchain developments that are currently being used and have contracts being signed with giant entities, and dev teams putting out news nearly every day. I'm pretty interested in Cardano, VeChain, Stellar, and the associated coins that are partnered with those companies. Much less interested in Bitcoin and Etherum who lack efficiency and use.
Bitcoin will become literally just like gold, simply a storage of wealth. With no real world use. Sure you can argue its use in electronics, well same for bitcoin.
You're also way off about coins being easy to make. I wont explain you just have to read if you really want to know. You keep saying you think blockchain tech is great but you dont understand the reason the coins have to exist, and why they are different from each other, why they would be valued differently. No coins = no blockchain. You cant use Bitcoin to run digital supply chains that are terribly overburdened by our old systems. These supply chains demand extreme efficiency, of 10,000's of transactions per second at a fraction of the cost. You cannot use Ethereum for that either, Ethereum sucks ass for that application. That's why specialized blockchains and coin systems have to be made. If you realize what the coins are exactly are and why they exist, the metallurgy example will make perfect sense to you, but until then you dont get it.
I dont want to try to convince you anymore though, because of course I could be wrong, but I doubt it, and I also wouldn't want to feel like I contributed to anyone's loss.
To me the biggest point of these bullruns is to accumulate crypto while restoring your investments on the profits. And then make profit, while accumulating more crypto. Now your wallet is an asset that's paid for. It's pure strategy that can and will fail. Thats why you dont put all your eggs in 1 basket.
You lost a 100 bucks last night when you didnt need to, just about everyone whos been paying attention knew that it would bounce back just fine. Not a doubt in our minds. Those who are out of the loop and think bitterly of these markets the only thing they see is their money disappearing, and they dont think to check on the bigger picture, because usually they are pretty rooted in their old outdated conclusions about things in general. It's hard for people to admit that they might need to reassess their environment every so often
Edited by trees (02/15/21 02:57 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: budmanman]
#27208173 - 02/15/21 07:44 PM (2 years, 11 months ago) |
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I'm thinking we will dip more middle this week, maybe deep like a 40k BTC, then once it rebounds from that its game over, I bet a 50k+ BTC by next week
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27208268 - 02/15/21 08:35 PM (2 years, 11 months ago) |
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It it touches be prepared for a solid drop, hold tight
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27208283 - 02/15/21 08:39 PM (2 years, 11 months ago) |
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The first time it hits 50k it wont stick but itll find its balance there a couple days later in preps for 60k
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus]
#27208461 - 02/15/21 09:46 PM (2 years, 11 months ago) |
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Well if you want to double or triple your money, throwing it at Bitcoin or Etherum will be disappointing, because those coins are not going to 3x any time soon, especially after it's gone up like you said you'd get back in once its up. That's FOMO
Plus with this low dollar trading you get screwed by fees. You will probably burn bad trying to trade around just 1000 bucks of Eth or BTC
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: budmanman]
#27208481 - 02/15/21 09:56 PM (2 years, 11 months ago) |
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Like at 15k maybe you'd have taken 5k back. And then as it keeps rising, you buy little by little back in. Then take another 5k at the next ATH, buy back in incrementally, an so on. Now you dont give a fuck and are even happy to see it drop back to ground level
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Edited by trees (02/15/21 09:58 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: budmanman]
#27208500 - 02/15/21 10:03 PM (2 years, 11 months ago) |
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Everyone says they should had kept, but problem for most almost all people is there comes a time where they are in a pinch for cash, and they sell off their portfolio to pay rent while the market is crap. That's basically everyone who had BTC in the past
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27208516 - 02/15/21 10:12 PM (2 years, 11 months ago) |
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Lol time will tell. I'm looking forward to March
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27209186 - 02/16/21 11:06 AM (2 years, 11 months ago) |
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See I said it would not break out from 50k and that it would begin a solid dump right after it touches 50k.
I must be a price prediction genius
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